Cargo Freight Provides Silver Lining For HK Airport
"); jQuery("#212 h3").html("

"); });
2020-08-14 HKT 18:42
The Hong Kong International Airport (HKIA) said on Friday that demand for air cargo services remained relatively strong in July and freighter movements registered a year-on-year increase of 21 percent.
But in an indication of the struggling global economy, the amount of cargo that passed through the airport fell 7 percent, compared to a year ago.
The impact of the travel restrictions imposed globally due to the coronavirus epidemic meanwhile continued to choke the travel sector.
During the month, HKIA handled just 96,000 passengers and 9,870 flight movements – representing year-on-year decreases of 98.6 percent and 73.2 percent.
The travel restrictions and its effect on the travel sector was laid bare further with the tourism authorities saying the city received just 20,600 visitors in the month – a fall of near 100 percent year-on-year.
The Tourism Board said the provisional number of visitors was a slight improvement from June, which saw 14,600 visitors.
The board said though the global Covid situation is still unpredictable, it’s been actively promoting Hong Kong to its trade partners in its bid to revive the industry.
Treasury Secretary Grilled On Economic Figures And Foreign Policy. He Refrained From Directly Calling Ukraine An Ally.
Treasury Secretary Scott Bessent emphasized that prices would come down as soon as the Iran war ended, hailed Trump's ec... Read more
More Than Seven In Ten Americans Think The U.S. Is On The 'Wrong Track' Ahead Of The Midterms: Poll
The new poll also showed that Trump's approval rating had sunk to 34%, with more than half of respondents saying they "s... Read more
World Bank Encourages Developing Nations To Embrace 'Small' AI To Accelerate Economic Growth
Paschal Donohoe, the managing director and chief knowledge officer at the World Bank, said that so-called "small AI" cou... Read more
Ukraine Launches Large-Scale Drone Attack On Russia, Defies Trump's Demands To Leave Russian Energy Alone
Swarms of Ukrainian drones hit numerous targets in Russia, including an oil terminal, overnight despite Trump's repeated... Read more
Protests In France Are Becoming Increasingly Violent. Demonstrations Have Now Spread To Other European Countries.
The protests, which began as localized demonstrations against perceived neglect in the French education system, intensif... Read more
Trump Maintains Defiant Message In Kentucky Midterm Rally, Makes Dubious Claims About Republican Popularity
The president held a rally on Saturday in which he touted the supposed successes of his two terms in office, attacked hi... Read more
