News
Singapore & Hong Kong travel bubble opens, but there’s a catch…
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
Crypto
Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil
Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.
Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.
The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.
We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.
Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.
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News
Airbus hit by new A320 fuselage panel defect triggering share price drop
Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.
Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.
Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.
While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.
The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.
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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews
News
Bitcoin tanks as markets turn risk-off and tech stocks slide
Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.
Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.
Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.
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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews
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