Relaxed Covid Rules Help Some Businesses, Not All'
"); jQuery("#212 h3").html("

"); });
2022-04-21 HKT 11:10
The hospitality sector on Thursday welcomed the relaxation of social distancing rules, saying it will hopefully finally improve their income.
Eateries can now provide dine-in service from 6pm-10pm for the first time since the Omicron outbreak began in early January.
Wong Kit-lung, who heads the Institution of Dining Art, said his group's restaurants are almost fully booked for the next two weeks – which bring businesses almost back to pre-pandemic level.
But he told a Commercial Radio programme that since only four people are allowed per table, traditional Chinese restaurants may not benefit as much – even though they can now host banquets for a maximum of 20 guests.
"If the 20 people have to sit at five tables, not everyone would rush to make a booking for Chinese restaurants – even for Mothers' Day," he said.
The relaxation of Covid rules also means local tours can return, with the Travel Industry Council saying it’s received some 70 agencies’ applications to host them.
Council chair Gianna Hsu said bigger tours are capped at 100 and each client has to do a rapid test beforehand, but the rule does not apply to smaller groups that allow a maximum of 30 people.
But she said on an RTHK programme that local tours alone won't revive the industry without the resumption of cross-border travel.
Meanwhile, the head of the Licensed Massage Association, Chow Chun-yu, said an estimated 2,000 massage parlours are reopening on Thursday, and bookings are quite full for the upcoming week.
He called on the government to allow them to reopen spas and sauna rooms as soon as possible because these are their main source of income.
EDENA Unveils AI System To Automate Sovereign Asset Settlement
At the DAT Summit Hong Kong, EDENA Capital Partners launched the Autonomic Financial OS. The company describes it as an... Read more
Naver Exposes 15,000 Knowledge IN Users Activity, Moves To Improve Privacy Controls
Naver has announced measures following an incident in which around 15,000 users’ activity histories on Knowledge iN w... Read more
Japans PayPay Files For US IPO, Targets Valuation Above US$10B
SoftBank‘s digital payments unit, PayPay, has filed publicly for a US IPO. The listing could be the largest by a Japa... Read more
Inference Research Launches In Hong Kong With US$20M Seed Funding
Inference Research, an AI-native quantitative trading firm based in Hong Kong, has announced its launch and the expecte... Read more
London-Based Unlimit Appoints Michele Fung To Lead APAC Expansion
London-based fintech company Unlimit, which provides a broad range of financial technology services, has appointed Mich... Read more
SoFi Launches Digital Asset Trading In Hong Kong Through OSL Partnership
SoFi Securities (Hong Kong) (SoFi Hong Kong) and OSL Group have announced a partnership to offer digital asset trading ... Read more
