'More Quarantine Hotels Needed To Bring In Helpers'
"); jQuery("#212 h3").html("

"); });
2022-01-02 HKT 11:50
Secretary for Labour and Welfare Law Chi-kwong said on Sunday Hong Kong's quota for foreign domestic helpers needs to be increased while stressing the need to tackle a shortage of hotel quarantine space.
In his blog, he explained that 1,138 rooms provided by the Regala Skycity Hotel from this month will be used to isolate foreign domestic helpers coming to Hong Kong after the government decided to reserve the Penny's Bay Quarantine Centre for other arrivals.
Law said that means the number of helpers arriving here won't go up sharply in the near term.
He also said the government is in talks with more hotels over helpers' quarantine and hopes to make an announcement soon.
The labour minister pointed out that the number of helpers in Hong Kong has dropped from its peak of more than 400,000 two years ago to 350,000, and some locals have had to quit their jobs to take care of family members, which in turn affected the labour market and various industries.
Law said if the situation continues, it could affect Hong Kong's economic recovery.
Circle CEO Says China Could Launch Yuan Stablecoin In 3 To 5 Years As Trade Grows
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years to expand the... Read more
Naver IPO Timeline Set As Dunamu Merger Targets Nasdaq Debut
Preparations for a Naver IPO are underway following an agreement between Naver Financial and cryptocurrency exchange op... Read more
TransUnion Urges Lenders To Rethink Credit Risk For Gig Workers In Hong Kong
TransUnion is urging lenders to update their risk assessment models, revealing that gig workers in Hong Kong exhibit st... Read more
Citi And Endowus Roll Out HK$4,000 Wealth-Linked Credit Card Campaign
Citi and digital wealth platform Endowus have launched a joint credit card promotion in Hong Kong, expanding the Citi E... Read more
Aspire Secures SFC License In Hong Kong To Launch SME Yield Product
Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission ... Read more
Why Stablecoins May Become The Backbone Of 24/7 Global Trade
Stablecoin transaction volumes surged 72% in 2025, reaching a record US$33 trillion and signalling growing institutiona... Read more
