Paul Chan: Future Bright For Resilient Tourism Trade
"); jQuery("#212 h3").html("

"); });
2022-06-15 HKT 01:32
Financial Secretary Paul Chan on Tuesday tipped Hong Kong's tourist industry for a bright future, praising the trade's "resilience" during the pandemic and hailing the opportunities offered by the Greater Bay Area.
Speaking at the launch of Hong Kong Disneyland's new nighttime light show, Momentous, Chan said officials were still making the reopening of the mainland border a priority as they attempted to balance business with keeping the pandemic in check.
"Tourism has been among the hardest-hit sectors of our economy under the pall of the pandemic," Chan told an audience of industry leaders. "Which makes the innovative spirit of Hong Kong Disneyland, and the resilience of our travel trade in general, all the more remarkable.
"The government is keenly aware of the challenges the trade is facing. And we have been doing everything we can to encourage business, while containing Covid."
Chan said the administration had offered some $4.5 billion in support to the tourist sector during the pandemic, while the electronic consumption voucher scheme would also help.
"Rest assured, we will continue to put a priority in resuming normal, cross-boundary travel with the mainland," he added.
"But that's only a start. Down the road, the Greater Bay Area, and its market of more than 86 million consumers, will offer boundless promise for our tourism industry and the rich entertainment, culture and heritage resources we're blessed with."
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more
