Hong Kong
StanChart unit, BC Group to create crypto-exchange platform
It will target corporate clients in the UK, and Europe.
Daily Briefing: Russia central bank governor says digital currencies are the future; OPEC to boost oil output; IMF and World Bank to prioritize vaccinations
Russia could pilot test the digital rouble next year.
New law requires real-name registration for SIM card owners
This is intended to prevent and detect crimes related to the use of prepaid SIM cards.
Retail sales up 12.1% in April but still below pre-COVID levels
The pause on inbound tourism continues to drag retail sales.
New wave of migration unlikely to impact housing prices: JLL
Hong Kongers movement out of the city will have minimal impact on prices.
FUJIFILM Business Innovation Launches Series of Multifunction Devices / Printers Under New Brand
Announcing ApeosPro / Apeos C / ApeosPrint Series Featuring New Design and Enhanced Security Functions.
Vaccination “critical” in operational risk management: SFC
The SFC has issued a circular asking corporations to review their continuity plans.
Daily Briefing: Malaysia goes into lock down; Vietnam suspends flights as new variant emerges
From AP:
Swire Properties extends $8m incentives to boost HK vaccine drive
Hong Kongers may have a chance to win $10,000 worth of shopping vouchers.
Hong Kong expands COVID high-risk list
Cambodia, Thailand and Vietnam will be identified as high-risk areas, starting 4 June.
Noky Wong to take over as Jardine Engineering chief executive
Current JEC chief executive to take on the same role at Gammon Construction.
HR Briefing: Will machines take over Hong Kongers’ jobs?
Around 56% of Hong Kongers are threatened by automation.
Government records $10.6b fiscal deficit in first month
Fiscal reserves stood at $917.2b, as of end-April.
Mortgage loans drop to $50.8b in April
This reflected a 4.3% month-on-month decrease.
Hong Kong gov’t speeds up vaccine rollout in new campaign
The “Early Vaccination for All” campaign is meant to raise vaccination rate until August.
HKTB kicks off new round of “Spend-to-Redeem Free Tours”
Starting 1 June, the programme will be opened again for Hong Kongers looking to visit local attractions.
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