No Further Easing Of Covid Rules For Now: Carrie Lam
"); jQuery("#212 h3").html("

"); });
2022-05-31 HKT 11:42
Chief Executive Carrie Lam said on Tuesday that the government will not further relax social distancing measures for the time being, as the city’s Covid situation remains "stagnant".
Authorities had planned to implement the final phase of the easing of Covid rules in late June, but Lam said it will likely be postponed since the daily coronavirus tally hasn't dropped much for a month.
"We are in a sort of stagnant situation with the number of positive cases staying around 200 and 300, but there have already been over 10 infection clusters in the community, especially the most recent two cases involving bars," she said.
"So we would have to take a very prudent approach. My position at this moment is we probably will not introduce the third and final stage of the social distancing relaxation before the end of June."
She added most people would not be affected by these measures.
The planned relaxation would have let businesses operate at full capacity, lifted the cap on the number of attendees at banquets, and allowed people to dance and perform at bars.
Meanwhile, the CE noted that the number of people getting their third Covid jabs had reached a record of 51,000 on Monday – a day before the tightening of the vaccine pass kicked in.
People aged over 12 now have to be triple-jabbed, or to have had their second dose within the past three months, to enter venues such as restaurants, supermarkets and shopping malls.
Lam said it shows the vaccine pass is effective in boosting the city's vaccination rate.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more