Employees of Hong Kong International Airport, workers at quarantine hotels and those who drive travellers between the two will all soon be tested for Covid-19 more regularly, the Post has learned, with daily screenings for the unvaccinated.The new testing regime, set to take effect within the next week, is the latest attempt to tighten border-control measures as the city attempts to satisfy Beijing’s concerns over reopening the border between Hong Kong and mainland China.Testing frequency falls… [...]

Hong Kong’s Exchange Fund, a war chest used to defend the local currency, lost HK$13.2 billion (US$1.7 billion) in the third quarter as it fell victim to a slump in the local stock market.The loss in the July-to-September period compares with a gain of HK$81.2 billion a year earlier. The last time the fund suffered a loss was in the first quarter of 2020 when it dropped HK$112 billion, the worst result in the 17 years it has been reporting its quarterly performance.“The fund’s performance has… [...]

A book pro-Beijing media and lawmakers have attacked for saying it was right for foreign powers to take military action against China during the early 1900s has been snapped up by readers, according to employees of a retail bookstore chain in Hong Kong. Although local pro-Beijing media reported the Chinese-language book had been taken off the shelves by the Taiwanese-owned Eslite bookstore, employees at the Causeway Bay branch told a Post reporter the book was sold out at six of its seven… [...]

The Hong Kong Monetary Authority, the city’s de facto central bank, apologised on Sunday after its electronic payment platform crashed for about five hours because of “unforeseen circumstances” during a scheduled maintenance.The system upgrade for the Faster Payment System (FPS), which allows millions of customers to make cross-bank payments by entering a phone number or email address, was originally scheduled from 2.45am to 7.45am.But the authority announced at 9.30am that extra time was… [...]

Sales continued apace on day two of a residential project launch in Sha Tin as the developer allocated smaller flats that tend to appeal to genuine end users, who are more price-sensitive than people buying purely to invest.Centralcon Properties, a local developer, had sold 170 of the remaining 265 units at The Arles near Fo Tan subway station in the eastern New Territories as of 8pm, according to sources. That brought thetotal weekend sales at the development to 83 per cent of 536 units.The… [...]