HK-Macau Crack Down On River Smugglers
"); jQuery("#212 h3").html("

"); });
2022-06-26 HKT 15:39
Customs authorities in Hong Kong and Macau have seized more than HK$110 million worth of smuggled goods and cash, after officers intercepted two river trade vessels in waters between the two special administrative regions.
Four men, aged between 40 and 76, have been arrested.
The haul included red wine, frozen meat, cigars, electronic products and HK$23 million of cash.
"It was the first time that we found criminals smuggling a large amount of cash from Hogn Kong to Macau using river trade vessels," said Grace Tang, a group head of the Customs and Excise Department, during a press conference on Sunday.
Customs officials here said they launched the joint operation as they suspect smugglers have switched to taking the river route to via Macau to transport goods to the mainland after the authorities stepped up efforts in crack down on sea and land smuggling.
FWD Group Announces Board Changes With 3 New Appointments
FWD Group, a multinational insurance company based in Hong Kong, has announced the appointment of Andrew Weir, Dominic ... Read more
Standard Chartered, Animoca And HKT Launch HKD Stablecoin Joint Venture
On 17 February 2025, Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT announced their partn... Read more
APAC Remitters, Be Ready For A New Era In Cross-Border Money Movement
With its estimated US$1.6 trillion in cross-border payments, the APAC region is poised to benefit significantly from th... Read more
HashKey Group Secures $30M Investment From Chinese Tech Investor Gaorong Ventures
Gaorong Ventures, an early backer of major Chinese internet firms like Meituan and PDD Holdings Inc., has made a $30 mi... Read more
Aspire Launches Visa Corporate Card For Hong Kong SMBs
Aspire, a Singapore-based fintech company, has introduced a Visa corporate card designed for small and medium-sized bus... Read more
How Can Banks Maintain Growth Momentum In The AI Everywhere Era?
Asian banks need technology investments such as AI to continue their growth momentum. The industry is robust, with 19 o... Read more