Don't Be Too Picky With Travel Bubble: Edward Yau

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2020-10-17 HKT 11:39

Share this story

facebook

  • Don't be too picky with travel bubble: Edward Yau

Commerce and economic development secretary Edward Yau on Saturday dismissed criticism and concerns from tour operators about a travel bubble with Singapore – describing it as a practical arrangement that could pave the way for further travel bubbles elsewhere.

Some in the tourism sector had criticised the plan, saying it would do little to save the ailing industry. Others also expressed concern that the cost of Covid-19 tests would deter tourists.

But Yau said much more time will be needed to reach an agreement with Singapore if the government gets too particular about the arrangement.

He described the initiative with Singapore as practical, and told a radio programme that he hopes similar arrangements will be made with mainland cities and Macau.

“In the face of adversity, everyone wants to make a step forward. Often it’s only when we make a step forward before we can see an opportunity,” he said.

“Theoretically we can continue to discuss [the travel bubble] with other places, we can be picky, and other places can be picky, too. If that’s the case, everything will remain at an impasse.”

He added that the Department of Health and the Airport Authority are looking into introducing rapid Covid-19 tests, and he expects the cost of testing to drop lower soon.

When asked if tours can be exempted from the ban on public gatherings, Yau said regulations may need to be enacted first to ensure tours take anti-epidemic measures.

RECENT NEWS

China To Inject US$44 Billion Into State Banks To Boost Tech And Curb Risks

China said it will inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic r... Read more

Hong Kong Regulators Expand GenAI Sandbox To Insurance, Securities And MPF Sectors

The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandato... Read more

South Korea To Cap Crypto Exchange Ownership At 20%

South Korean regulators and lawmakers have agreed to cap major shareholder stakes in cryptocurrency exchanges at 20%, d... Read more

DBS Hong Kong Partners With Know Your Customer To Automate SME Onboarding

Know Your Customer Limited, a provider of automated business verification solutions, has partnered with DBS Hong Kong t... Read more

Hong Kong Banks Extend Loan Repayment Relief For Tai Po Fire Victims

The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have met to discuss additional su... Read more

Hong Kong And Macao Deepen Financial Cooperation With Updated Agreement

The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting on March 3 to strengt... Read more