'Talent Will Return After Flight Ban Is Lifted'
"); jQuery("#212 h3").html("

"); });
2022-03-22 HKT 11:47
The head of the Hong Kong General Chamber of Commerce, George Leung, said on Tuesday that Hong Kong's easing of Covid rules can attract talent and businesses that have left to return to the city.
Speaking on an RTHK show, Leung welcomed the government's decision to lift flight bans on nine countries, including the US, UK and Australia.
From April 1, vaccinated Hong Kong residents currently in those countries will be allowed to return to the SAR.
The business leader said the flight bans have had a major impact on Hong Kong’s economy and its international competitiveness, with many professionals and talented workers having left the city, and others unwilling to come.
Many enterprises have also moved part of their operations to places like Singapore, he added.
“By allowing Hong Kong residents to return, that means foreigners who have work permits and live in Hong Kong would also be able to return to work after a relatively short quarantine period. This will make it attractive for them to return,” Leung said.
“If we can control the epidemic, we hope to further relax the measures and let in international travellers too. And ultimately, people will be able to enter Hong Kong without quarantine… I believe gradually, they will come back.”
Meanwhile, health secretary Sophia Chan told the same programme that any further relaxation of rules for inbound travellers will depend on the development of the epidemic situation and a thorough assessment of the risks involved, to prevent the collapse of the city’s medical system.
She added that it is unlikely that existing social distancing measures can be eased before April 21, saying the government has to be extra cautious as transmission chains still exist in the community.
Chan also said that the LeaveHomeSafe app will resume sending out notifications this week, informing users to undergo mandatory testing if they’re at risk of exposure to Covid.
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