Travel Agency Shuts, Ruining Easter Plans Of Many

"); jQuery("#212 h3").html("

"); });
2018-03-21 HKT 11:06
Around 230 people have had their Easter holiday travel plans scuttled after a travel agency announced overnight that it may close down due to a cash crunch.
The licence of Action Holiday has been suspended after it notified the Travel Industry Council (TIC) on Tuesday night that it was suffering from financial difficulties.
The company told the council that some of the 235 customers affected had bought air tickets or travel packages for the Easter period.
The travel watchdog said it has received six complaints so far, involving around HK$600,000.
But because most of the affected customers did not receive any official receipts from Action Travel, the TIC said it may be very difficult for them to seek redress from the Travel Industry Compensation Fund.
Some of the victims have also filed reports with the police.
HKMA Pushes Project Ensemble, Banks To Adopt Tokenised Deposits
The Hong Kong Monetary Authority (HKMA) will advance Project Ensemble and encourage commercial banks in the city to int... Read more
Singapore And Hong Kong Regulators Deepen Cooperation On Bank Oversight
The Monetary Authority of Singapore (MAS) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Under... Read more
XTransfer, SPD Bank Shanghai Partner To Boost Cross-Border Trade For SMEs
XTransfer has entered into a strategic partnership with SPD Bank’s Shanghai Branch, announced at the “XTransfer Tra... Read more
PayPay To Be Accepted At Over 2 Million Merchants In South Korea Via Alipay+
From late September 2025, Japan’s largest cashless payment service, PayPay, will be accepted at more than two million... Read more
Lenovo Hong Kong And Cyberport Partner To Support Startups
Lenovo Hong Kong has announced the signing of a MoU with Cyberport, aimed at supporting Hong Kong’s innovation and te... Read more
PAObank Partners With CPAIHK To Integrate Banking And Insurance Services
PAObank, in which Ping An Insurance holds a stake, is marking its fifth anniversary with a new strategic partnership wi... Read more