Hong Kong residents, businesspeople and visitors all have high hopes that the long-awaited lifting of the city s travel restrictions and the end of medical supervision rules for arrivals will help put the bounce back in the economy.
Major food delivery services say demand will not let up as restaurant restrictions continue to be eased. But services Deliveroo and Foodpanda see room to diversify into other business areas.
Hong Kong will roll out an aggressive investment-led strategy to steer economic development, starting with a HK$30 billion (S$5.5 billion) fund to entice overseas enterprises to set up businesses in the city in what is seen as a radical departure from its past conservative approach of leaving such outcomes to market forces. In his maiden policy address on Wednesday (Oct.