Pandemic
Over 1.5 million apply for Hong Kong’s e-consumption voucher
Over 1.5 million apply for Hong Kong’s e-consumption voucher
The vouchers, worth $5,000, may be used at online and physical stores in retail, F&B, and other services.
Retail sales up 10.5% to $29.6b in May
The sector will remain challenged despite expected boost from e-vouchers launch.
Food operator Fairwood sees profit soar 152.4% to $153.6m
This was driven by increased productivity and cost management amongst others.
Jacobson Pharma profit climbs nearly 20% to $173.7m
This is despite the 8% revenue drop during the year ended March 2021.
China Gas profit climbs 14% to $10.48b
This was driven by the gradual recovery of China’s economy.
SUGA net profit surges 186.1% to $79.3m amidst COVID
The group’s electronic products segment recorded a 24.3% increase to $1.69b.
Hong Kong bans travel from UK anew
UK will be identified as an “extremely high-risk” area, starting 1 July.
Far East Consortium sees recovery after 48.5% profit rise
The group recorded a profit of $543m in 2021.
UK now in Hong Kong’s “very high-risk” list
Stricter requirements for travellers from UK will take effect on 28 June.
Commentary
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