Bubble Blown Again, Singapore To Blame This Time
"); jQuery("#212 h3").html("

"); });
2021-05-17 HKT 17:00
The SAR government on Monday confirmed that Hong Kong's "travel bubble" with Singapore won't get off the ground on May 26 as planned.
The scheme was originally slated to be launched in November last year, but was deferred after Hong Kong suffered a spike in Covid-19 cases.
The pandemic situation in Singapore is being blamed for the latest postponement.
Under the "bubble" arrangement, travellers can avoid quarantine when they fly between the two cities as long as they comply with certain Covid test requirements.
SAR officials said in a statement that both governments remain “strongly committed” to launching the scheme “in a gradual and orderly manner”.
"The two governments will continue to closely monitor the epidemic situation in both places, including the effectiveness of the enhanced anti-epidemic measures introduced by the Singapore government, which have taken effect from yesterday (May 16) and would last till June 13," the statement said.
"During this period, both sides will continue to maintain communication, exchange relevant data and statistics, and review developments closely before deciding on the way forward."
The Hong Kong government said a further announcement will be made on or before June 13.
It added that people who have already made bookings on designated flights could contact their airlines to adjust their itineraries.
Separately, the government announced that non-Hong Kong residents from Singapore, Japan, Malaysia, Italy, the Netherlands, Argentina and Kenya will be barred from entry from Friday. Officials cited a "persistent unstable" pandemic situation overseas.
SAR residents arriving from these countries, meanwhile, will need to be quarantined at a hotel for 21 days, or 14 days if they are fully vaccinated.
______________________________
Last updated: 2021-05-17 HKT 19:59
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more
