Further Action Possible After Cathay Curbs: CE
"); jQuery("#212 h3").html("

"); });
2021-11-16 HKT 13:05
Chief Executive Carrie Lam on Tuesday said Hong Kong is prepared to take further action to reduce the risk of aircrew spreading Covid-19, adding that an increase in such cases could have an adverse effect on the city's anti-epidemic work.
Three Cathay Pacific cargo pilots tested positive for the virus after returning from Frankfurt earlier this month. Health authorities suspect a cluster outbreak may have occurred in the hotel where they stayed.
As a result, authorities ordered 130 Cathay cargo pilots, who had stayed in the same hotel in Germany after November 1, to go into quarantine for 21 days, a decision which Lam said has already affected the supply of goods to the territory.
The chief executive noted the airline has taken additional steps to limit the movements of aircrew by not allowing them to go out in the first three days after their return to Hong Kong unless their activity was deemed essential. They are also told to avoid social gatherings, according to an internal Cathay memo.
"These measures were the result of talks between the Transport and Housing Bureau and Cathay Pacific in the past few days, so it wasn't up to the airline alone. We told Cathay that if there are further cases, society will be highly concerned and they may affect Hong Kong's anti-epidemic efforts as a whole," Lam said.
"Please understand, under the premise of maintaining Hong Kong's normal operation, wherever possible and even with a slight impact on economic activity and society's operation, we will take further measures.
"For now, I think the measures taken by the government and the airline are appropriate."
Lam also said while a recent move to scrap quarantine exemptions for many targeted groups would affect Hong Kong's economic recovery, there needs to be special arrangements for people whose work helps maintain the city's daily operation.
She added the infections of the three pilots have not affected talks with the mainland on the resumption of quarantine-free travel.
Meanwhile, Lam confirmed that the CEO of JPMorgan Chase, Jamie Dimon, was given approval to skip quarantine on economic grounds to stay in Hong Kong for 32 hours.
Media reports said he arrived in the SAR on Monday.
The chief executive said the American investment bank has important business in Hong Kong and restrictions were imposed on Dimon's itinerary. "The risks are manageable," she said.
ZA Bank Brings Nasdaq Data To Hong Kong, Expanding US Stock Access And Investor Education
ZA Bank and Nasdaq have announced a collaboration aimed at enhancing digital wealth management in Hong Kong and interna... Read more
Hong Kong To Study One‑Stop Infrastructure For Equities, Bonds And Digital Assets
The Hong Kong Monetary Authority’s (HKMA) CMU OmniClear and the Hong Kong Exchange (HKEX) are set to begin a study on... Read more
Hong Kong To Issue First Stablecoin Licenses In March, Expand Crypto Regulation
Hong Kong will issue its first licenses for fiat-referenced stablecoin issuers in March and introduce new legislation l... Read more
MSIG Joins US$6B IFC Credit Insurance Facility To Boost Emerging Market Lending
MSIG USA and Mitsui Sumitomo Insurance (MSI Japan), together referred to as MSIG, have joined a new insurance-ba... Read more
Why The $2 Trillion Stablecoin Prediction Is Too Low
McKinsey estimates the stablecoin market will hit $2 trillion by 2028. But according to Sam Lin, COO of dtcpay, even th... Read more
RedotPay Eyes US IPO With Potential US$1 Billion Raise
RedotPay is reportedly exploring an IPO in the US that could raise more than US$1 billion, according to people famili... Read more