Eased Covid Rules Benefit Businesses During Christmas
"); jQuery("#212 h3").html("

"); });
2022-12-26 HKT 15:49
Representatives from the catering and tourism sectors have said business improved significantly during the Christmas holiday period following the relaxation of Covid restrictions in Hong Kong.
Raymond Chui, president of the Institute of Dining Professionals, told an RTHK programme trade was bustling during the holiday season.
"There are a lot more people going out to spend," he said. "Many families are going out to see Christmas lights, spend and eat."
Meanwhile, Yuen Chun-ning, who is Executive Director of Worldwide Package Travel, said outbound travel had seen a V-shaped recovery since border restrictions were eased.
He said he believed the darkest period for the industry has passed.
"The situation has improved significantly in December," he said. "Airlines have also increased the number of flights. With the imminent re-opening of the border with the mainland, we hope travel will gradually resume next year and return to pre-Covid levels in 2024."
He added that he hoped the resumption of quarantine-free travel with the mainland would boost Hong Kong's economy and improve the city's job market.
HashKey Lists On Hong Kong Exchange
HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more
North Korea Linked To Over Half Of 2025 Crypto Heist Losses
TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more
South Korea Forms Task Force After Coupang Data Breach
The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more
