JPMorgan grants Hong Kong staff up to $5,000 for hotel ... Hong Kong defends allowing JPMorgan's Dimon to skip quarantine On Christmas, Hong Kong extended the hotel quarantine period for all overseas arrivals - except those from mainland China, Taiwan and Macau - from 14 days to 21, in a bid to stem the import of a more transmissible strain of Covid-19 first announced in Britain but believed to have originated in South Africa. JPMorgan Chase & Co. is offering to reimburse Hong Kong employees up to $5,000 to compensate for their quarantine stay as the financial hub sticks to its zero-Covid policy. One of Asia's largest airlines, Cathay Pacific, is facing a revolt from pilots who say Hong Kong's tough quarantine rules under its zero-Covid policies are endangering their mental health. Hong Kong Chief Executive Carrie Lam defended her decision to exempt Dimon from the quarantine rules, noting he is a "relevant person" whose itinerary was "completely controllable." Lam . According to local news site HK01, Kidman took a private jet from Sydney to Hong Kong on Aug. 12 and was exempted from the city's seven-day hotel quarantine for vaccinated people arriving from . Both patients were double-vaccinated and both had tested negative on a PCR before arriving in Hong Kong last month, with one flying in from Canada and the second flying in from South . Earlier this month, the government announce that it would no longer excuse top business executives, diplomats and other groups flying into Hong Kong from quarantine. This comes just months after hundreds applied to relocate to Hong Kong to keep their jobs at Cathay Pacific. Quarantine-free travel between the mainland, Hong Kong and Macao is in sight, Secretary for Economy and Finance Lei Wai Nong has said. Cathay has been running "closed-loop" rosters involving five weeks locked in hotel rooms and then two weeks off at home . Singapore stands to gain. With the change possibly only a couple of weeks away, this would be great news for Macau's casinos. The bustling business hub and cosmopolitan city of Hong Kong could lose its shine among foreign companies and expatriates with its stringent quarantine restrictions. The departures come as Hong Kong ties itself to Beijing's closed-border zero-Covid strategy — a move that has kept the . The global financial hub is following Beijing's lead . UPDATE: Nov. 24, 2021: Morgan Stanley said it would reimburse Hong Kong employees up to $5,100 in quarantine costs, according to a memo seen Wednesday by Bloomberg.That's just a touch higher than the amount rival JPMorgan said it would repay in a program it rolled out Monday. JPMorgan Chase & Co. CEO Jamie Dimon added his voice to the criticism of Hong Kong's strict quarantine rules, saying the restrictions are making it . Jamie Dimon is the latest big name in business to skip one of the world's longest quarantines. The decision, which would be effective from Friday, came as Hong Kong battles a resurgence of imported Covid cases triggered by the Delta variant, South China Morning Post reported. HONG KONG (AP) — Hong Kong will tighten COVID-19 restrictions despite a lack of local outbreaks to better align with China's policies and increase chances of quarantine-free travel between the . According to local news site HK01 (via The Hollywood Reporter), Kidman flew into Hong Kong on a private jet on August 12 and was exempted from Hong Kong's then-seven-day hotel quarantine, even . It has temporarily suspended flights to Hong Kong until December 11 . HONG KONG, Dec 2 — Cathay Pacific has been hit by a wave of pilot resignations in recent weeks as resentment over Hong Kong's strict quarantine regime boils over and crew scramble for emerging opportunities overseas. Hong Kong's leader on Tuesday defended allowing the head of JP Morgan Chase to skip a three-week Covid quarantine imposed on most other visitors, saying he worked for "a very big bank". For those that remain, a difficult few weeks lay ahead, as the airline endeavors to get people and goods where they need to be this Christmas. Quarantine arrangements clarified. HONG KONG, Dec 6 — UBS Group AG has offered its Hong Kong staff up to HK$2000 (RM1,084) a day to help cover mandatory hotel quarantine costs as the city maintains some of the strictest Covid restrictions in the world. By Michelle Toh and Lauren Lau, CNN Business. HONG KONG (Reuters) - Hong Kong is dropping a provision for most consular staff to serve quarantine at home, opting for hotel stays instead, as it doubles down on some of the world's toughest coronavirus curbs, hoping to sway mainland China to open the border with the city. HONG KONG (Reuters) - UBS Group AG has offered its Hong Kong staff up to HK$2000 ($256.45) a day to help cover mandatory hotel quarantine costs as the city maintains some of the strictest COVID restrictions in the world. The one-time incentive, in effect from Dec. 1 to Nov. 30, 2022, will be available to all Hong Kong permanent employees . The comments came as Hong Kong also announced more than 100 cargo pilots had been ordered into mandatory quarantine and that the city was at risk of running out . Hong Kong is maintaining a zero-Covid policy in order to reopen its border with mainland China. In its response, the Government explained that it has all along been adopting stringent border control measures with . (Nov 16): Hong Kong let JPMorgan Chase & Co chief executive officer Jamie Dimon skip the city's 21-day hotel quarantine because of the size of the bank's operations in the Asian financial hub, saying his trip was relatively low-risk."The justification is related to the economy as this is a very huge bank with key businesses in Hong Kong," Hong Kong Chief Executive Carrie Lam said in a . November 16, 2021 2:04 am. Latest news and updates about Hong Kong quarantine rules and policies which have been put in place as a result of the coronavirus pandemic. Though Hong Kong has recorded barely any local coronavirus cases in recent months, the city has imposed an extensive testing and quarantine regime, in line with mainland China's zero Covid policy. The coronavirus pandemic has cast a spotlight on longstanding privileges enjoyed by mostly white and Western expatriates in the . Hong Kong loses shine amid tough coronavirus restrictions. By Michelle Toh, . Macau is reportedly close to eliminating its mandatory COVID-19 quarantine for Hong Kong arrivals. UBS Group AG has offered its Hong Kong staff up to HK$2000 ($256.45) a day to help cover mandatory hotel quarantine costs as the city maintains some of the strictest COVID restrictions in the world. Hong Kong has no plans to further tighten Covid-19 rules for aircrews despite concern over three infections involving cargo pilots exempted from quarantine, the city's leader has suggested, stressing the need to balance pandemic measures with economic activity. HONG KONG: Hong Kong will tighten travel and quarantine requirements for several countries, including Singapore, Malaysia and Japan, starting from Friday (May 21).The three countries, along with . HONG KONG (Reuters) - JPMorgan Chase & Co is offering to pay some of its Hong Kong-based staff up to $5,000 each for their hotel quarantine stay for personal trips, a memo from the Wall Street . HONG KONG (Reuters) - Hong Kong is dropping a provision for most consular staff to serve quarantine at home, opting for hotel stays instead, as it doubles down on some of the world's toughest . Hong Kong (CNN Business)Jamie Dimon is the latest big name in business to skip one of the world's longest quarantines. All Hong Kong-based . Barclays has appointed another senior banker as part of its rebuilding plan in the Asia Pacific region. HONG KONG (AFP) - Cathay Pacific has been hit by a wave of pilot resignations in recent weeks as resentment over Hong Kong's strict quarantine regime boils over and crew scramble for emerging . HONG KONG: JPMorgan Chase & Co is offering to pay some of its Hong Kong-based staff up to US$5,000 each for their hotel quarantine stay for personal trips, a . In a memo seen by Reuters, the bank said full-time employees up to executive director level would be eligible for the . British Airways has suspended flights to Hong Kong amid reports more of its crew members have been forced to quarantine in a government centre. By Michelle Toh, . HONG KONG (Reuters) - Hong Kong is dropping a provision for most consular staff to serve quarantine at home, opting for hotel stays instead, as it doubles down on some of the world's toughest coronavirus curbs, hoping to sway mainland China to open the border with the city. A person has caught Omicron Covid inside a quarantine hotel in Hong Kong from a guest across the hall despite both never leaving their rooms, it has been revealed. A UBS spokesperson in Hong Kong confirmed the contents of the memo. All Hong Kong residents returning from eight southern African countries will be required to quarantine for seven days at government facilities and undergo daily Covid-19 testing before serving 14 . August 9, 2021. Though Hong Kong has recorded barely any local coronavirus cases in recent months, the city has imposed an extensive testing and quarantine regime, in line with mainland China's zero Covid policy. JP Morgan's billionaire chief executive Jamie Dimon was allowed to skip Hong Kong's strict 21-day hotel quarantine rules because he runs "a very huge bank" with "key business in Hong . 1 of 11 A security guard in protective gear opens the hotel's gate for the arrival of a van carrying overseas quarantine passengers from an airport in Hong Kong on Nov. 30, 2021. HONG KONG -- Cathay Pacific has been hit by a wave of pilot resignations in recent weeks as resentment over Hong Kong's strict quarantine regime boils over and crew scramble for emerging TV Shows. Lam, Hong Kong's leader, has emphasized she's more concerned with resuming quarantine-free cross-border travel with mainland China than with international travel. In a memo seen by Reuters, the bank said full-time employees up to executive director level would be eligible for the payments . Passengers must have: - a negative COVID-19 PCR or RT-PCR test taken at most 72 hours before departure of the last direct flight to Hong Kong, SAR China. Hong Kong leader Carrie Lam said Tuesday that the JPMorgan (JPM) CEO had been . The move is the latest blow to Hong Kong's reputation as a global logistics hub as strict travel curbs and mandatory… FedEx relocates pilots from Hong Kong over city quarantine rules - Japan Today News Comments describing the latest compulsory quarantine arrangements for overseas arrivals at Hong Kong as a relaxation were made out of misunderstanding, the Government said today. A confirmation in Chinese or English of room reservation in a DQH in Hong Kong for not less than 21/14/7 nights (according to the above quarantine period as specified under Quarantine Measures for Inbound Travellers), starting from the day of scheduled date of arrival in Hong Kong. JPMorgan grants Hong Kong staff up to $5,000 for hotel quarantine The move, likely the first such announced by a financial institution in the city, comes as the Asian financial hub's COVID-19 measures, some of the strictest in the world, are said to hurt businesses.

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