'Tourism Sector Must Be Upgraded Before Reopening'

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2022-02-25 HKT 13:26

Share this story

facebook

  • 'Tourism sector must be upgraded before reopening'

Commerce Secretary Edward Yau on Friday stressed the importance of upgrading the tourism industry to prepare for an eventual border reopening.

In the financial secretary’s latest budget, HK$1.26 billion has been earmarked for boosting the tourism sector and the money will be used, among other things, to train staff and launch tourism products with cultural and heritage elements.

Speaking at a briefing on the latest budget, the commerce minister said some HK$3.8 billion has been dished out to travel agents and their staff to help the industry stay afloat amid the pandemic.

Yau said the sector has been more resilient than officials expected, with fewer agencies shutting down than feared.

“They are coping, waiting that when the fine day comes, where tourists can come back, they would have the ability to rebound. That’s why the second tranche of support, including enhancing Hong Kong’s attractiveness as a tourism destination is so important,” he said.

“I think Hong Kong remains a very attractive place for tourists. But of course, for the entire world, Covid has been putting up a major barrier. So we are taking this opportunity of this lull period to upgrade the trade as a whole, to maintain Hong Kong’s image and also to equip every frontline practitioner.”

The minister wouldn’t say when the border will reopen, but said there’s great hope for recovery after Hong Kong controls the epidemic.

RECENT NEWS

Alibaba Invests Over US$50 Billion To Drive AI And Cloud Expansion By 2028

Alibaba Group (9988.HK) revealed plans to invest over 380 billion yuan (US$52.44 billion) into its cloud computing and ... Read more

SFC IOSCO Asia-Pacific Meet-up Sets Roadmap For Sustainable And Secure Capital Markets

The Securities and Futures Commission (SFC) recently participated in a series of dialogues under the International Orga... Read more

WeLab Bank Accelerates AI Deployment With Deepseek To Enhance Efficiency

WeLab Bank has taken a significant step forward in its AI deployment strategy by exploring innovative solutions to enha... Read more

Fusion Bank Completes Core Banking System Migration In 10 Months With Tencent Cloud

Fusion Bank, a licensed digital bank in Hong Kong, has completed its migration to a new core banking system in collabor... Read more

Hong Kong Banks Can Begin Issuing Credit Cards In Mainland China From March 1

Hong Kong banks’ mainland credit cards will soon be available in mainland China, marking a significant step towards d... Read more

SFC Introduces ASPIRe Roadmap To Strengthen Virtual Asset Market In Hong Kong

The Securities and Futures Commission (SFC) outlined 12 key initiatives under the SFC virtual asset ASPIRe roadmap to e... Read more