It will drop existing quotas and scrap a mandatory Covid-19 test that was required before travelling. Read more at straitstimes.com.
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China to fully resume travel with Hong Kong, Macao on Feb 6HONG KONG: Cross-border travel between mainland China, Hong Kong and Macao will fully resume from Feb 6, dropping existing quotas and scrapping a mandatory COVID-19 test that was required before travelling. Group tours between China and its two special administrative regions would resume, while the nu
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Hong Kong bans cannabis derivative, forcing businesses to shut or revampHONG KONG: Hong Kong on Wednesday (Feb 1) banned cannabidiol (CBD), a derivative of cannabis, as a “dangerous drug” and imposed harsh penalties for its possession, forcing fledging businesses to shut down or revamp. Supporters say that CBD - derived from the cannabis plant - can help relieve stress and
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Hong Kong's Q4 GDP down 4.2% y/y, 4th quarter of contractionHONG KONG : Hong Kong's economy contracted by 4.2 per cent in the fourth quarter from a year earlier, advance government data showed on Wednesday, shrinking for the fourth consecutive quarter as exports were hampered by weak global demand.Economists from Morgan Stanley, DBS, Hang Seng Bank and Natixis exp
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Hong Kong's economy shrinks for 4th quarter, but recovery seen in 2023HONG KONG : Hong Kong's economy shrank for the fourth straight quarter, contracting an annual 4.2 per cent, advance government data showed on Wednesday, worse than economists' estimates as weakening global demand and higher interest rates hit exports and spending.It was the second deepest contraction sinc
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Hong Kong bans CBD drug, ranking it alongside heroin and cocaineAuthorities argue cannabidiol products could be converted into intoxicating compounds. Read more at straitstimes.com.
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Hong Kong economy shrank 3.5% in 2022HONG KONG - Hong Kong’s economy shrank by 3.5 per cent in 2022, with exports plunging and the city’s worst-ever coronavirus outbreak battering businesses, the government announced Wednesday, while saying it hoped China’s reopening would spur a recovery. Read more at straitstimes.com.
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