Surge In Virus Cases Grounds HK-Singapore 'bubble'
"); jQuery("#212 h3").html("

"); });
2020-11-21 HKT 17:47
Hong Kong and Singapore officials agreed on Saturday to delay a so-called travel bubble for at least two weeks – less than 24 hours before the first flights were due to depart.
Hundreds of travellers had already booked to take advantage of the bubble arrangement, which allows people to skip a mandatory two-week quarantine period as long as they test negative for Covid-19 before departure.
However on Saturday, Commerce Secretary Edward Yau confirmed that the two sides had agreed to put the plan on hold, at least until early December, on public health grounds.
"We decided in the interests of making a good start, and also in the interests of avoiding any confusion to passengers," Yau said.
"We will make further announcements, perhaps by early December, on the formal launching of the scheme."
Hours before the announcement, Singapore's tourism authority said that Hong Kong people would have to take an additional Covid-19 test on arrival at the city state's Changi Airport.
Under the arrangements for the bubble, it would automatically be suspended for a fortnight if either side reported an average of five or more local transmissions per day with no clear source over the course of the week.
Hong Kong came close to that figure after reporting 13 unlinked cases out of a total of 36 local transmissions on Saturday. Health officials reported a further 60 preliminary positive cases, indicating that the average was likely to rise past five on Sunday.
Vietnam And South Korea Launch Cross-Border QR Payments
Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more
WeChat Pay Integrates With Local QR Networks In 5 Asian Countries
WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more
Global Transition Finance Ecosystem Gains Momentum
The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more
Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea
Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more
Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI
Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more
Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation
Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more