End To Travel Bubble Plans 'understandable'
"); jQuery("#212 h3").html("

"); });
2021-08-20 HKT 11:15
The head of the Hong Kong-Singapore Business Association, Philip Chan, said on Friday that it was "understandable" for the two governments to scrap plans for a travel bubble, given their different strategies in handling the Covid-19 pandemic.
Hong Kong maintains a zero-Covid target and has recently increased quarantine periods for vaccinated travellers.
But Singaporean officials have acknowledged that Singapore may continue to see a relatively high number of daily cases as the virus becomes part of a “new normal”. The city-state will allow anyone arriving from the SAR to skip quarantine, regardless of their vaccination status, from Saturday midnight.
Chan welcomed Singapore's move, but said Hong Kong's decision to increase quarantine from seven to 14 days for the vaccinated had caught travellers by surprise.
He said some travellers may not be able to extend their quarantine stays, because places in designated hotels are in short supply, adding that he may also delay or cancel his own return to Hong Kong next month.
Vietnam And South Korea Launch Cross-Border QR Payments
Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more
WeChat Pay Integrates With Local QR Networks In 5 Asian Countries
WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more
Global Transition Finance Ecosystem Gains Momentum
The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more
Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea
Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more
Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI
Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more
Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation
Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more