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Singapore & Hong Kong travel bubble opens, but there’s a catch…

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Quarantine-free travel between two of the world’s financial centres is now set in stone.

The long awaited Hong Kong and Singapore travel bubble will start on May 26.

Singapore’s Ministry of Transport (MOT) said that the travel bubble will have a cautious start. 

There will be one flight a day from each city to begin with, and only 200 travellers per aircraft.

From June 10 it will increase to two flights a day.

In order to jump on a flight, travellers from Hong Kong must have had two doses of a coronavirus vaccine at least 14 days before they board.

The announcement also carries some rules for both sides, passengers can’t have visited any other places two weeks before departure.

Negative Covid-19 test results must also be collected within 72 hours of flying.

“I am happy that Hong Kong got the Covid-19 situation under control. It has been a long few months, but the conditions are now ripe again to relaunch the ATB (air travel bubble). Both sides will need to stay very vigilant in the next one month, so that we can launch the first flights smoothly.”

SINGAPORE Transport Minister Ong Ye Kung said

For those departing Singapore, passengers must install Hong Kong’s LeaveHomeSafe app on their mobile devices prior to leaving the city for Hong Kong.

The two countries have been working on the creation of a travel bubble for some time now – but Covid outbreaks have prevented an earlier start date.

“With gradual stabilisation of the fourth wave of epidemic in Hong Kong, we have been engaging in active discussion with Singapore on the relaunch of ATB” Hong Kong’s Secretary for Commerce and Economic Development, Mr Edward Yau, said in a statement.

“The two governments have reached consensus on the latest arrangements and will put in place more stringent public health protocols in response to the latest epidemic development.

“Our goal remains striking a right balance between public health and travel convenience so that the public will feel assured while providing certainty.”

 

Singapore Airlines’ air travel bubble flight schedule to and from Hong Kong:

SOURCE: SINGAPORE AIRLINES

 

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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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Senate passes deal to end historic shutdown

Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.

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Senate passes spending bill to end shutdown, funding key departments and adding privacy safeguards with House and presidential support expected.


The U.S. Senate has approved a spending bill 60–40 to end the nation’s longest government shutdown, with House support and presidential backing expected.

The package funds key departments through January while adding new privacy safeguards for lawmakers.

#USPolitics #GovernmentShutdown #SenateVote #Congress #Trump #MikeJohnson #Washington #USNews #FederalFunding #CapitolHill


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Sussan Ley’s leadership tested amid net-zero debate

Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

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Sussan Ley’s leadership faces challenge as Liberal MPs debate net zero emissions policy amid divisions between moderates and conservatives

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In Short:
– Sussan Ley’s leadership is questioned as the Liberal party debates net-zero emissions amidst internal divisions.
– Moderate MPs warn losing elections if net-zero is abandoned, highlighting urban voter support for a 2050 target.
Sussan Ley’s leadership faces scrutiny as the Liberal party debates a net-zero emissions target.
Conservative members argue she should abandon the goal to maintain her position, while moderates hope for a compromise that aligns with the Paris Agreement.Banner

Leadership contenders like Angus Taylor and Andrew Hastie support staying committed to the Paris Agreement, rejecting a net-zero commitment. Taylor indicated future leadership aspirations are not confirmed.

Pro-net-zero frontbencher Tim Wilson seeks decisive leadership to address the issue. Ley’s lack of internal guidance frustrates moderates, creating uncertainty regarding her stance on net-zero. While some conservatives advocate for its dismissal, others display mixed support.

Liberal party dynamics shift as polling reveals significant opposition to net-zero among constituents. The upcoming party room meeting and shadow ministers gathering will aim to finalise the Coalition’s position.

Internal Divisions

Moderate MPs warn that elections will be lost if net-zero is abandoned, emphasising its importance in urban areas.

A poll indicates strong support for a 2050 net-zero target among voters. Critics of the Nationals’ policy argue it is misguided and incompatible with national interests.

Calls for resignation from frontbench positions are met with opposition. Some representatives voiced frustration over the timing of the meeting, suggesting it should have been resolved earlier.


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