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Search Result for “cargo hubs”

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BUSINESS

Cathay narrows loss to US$703m

Business, Published on 10/03/2022

» Hong Kong: Cathay Pacific yesterday posted a loss of just over US$703 million for last year, a massive improvement on the record loss suffered in 2020 even as the airline struggled with tough travel restrictions.

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WORLD

Expat exodus but escape is expensive in Hong Kong

Bloomberg News, Published on 18/02/2022

» After calling Hong Kong home for 30 years, Tina, a self-employed mom, is calling it quits on the city and moving to Portugal. But with 10 of her booked flights to Europe cancelled in the past year, her travails show how Hong Kong’s Covid-Zero policy is making getting out almost as hard as coming in.

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BUSINESS

Fragile, uneven recovery

Asia focus, Nareerat Wiriyapong, Published on 24/01/2022

» The world has entered 2022 facing numerous uncertainties. After two years of fighting the coronavirus pandemic, the emergence of the Omicron variant now poses challenges to economies even in countries where vaccination rates are high.

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BUSINESS

Cathay Pacific faces 'legal action' over Hong Kong virus outbreak

AFP, Published on 11/01/2022

» HONG KONG: Cathay Pacific is being investigated and faces possible legal action over an Omicron variant coronavirus outbreak in Hong Kong that began with the airline's employees, the city's leader said Tuesday.

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WORLD

Hong Kong quarantine pushes Cathay pilots to 'breaking point'

AFP, Published on 02/12/2021

» 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 opportunities overseas.

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BUSINESS

Supply-Chain Problems Show Signs of Easing

Business, Published on 23/11/2021

» Global supply-chain woes are beginning to recede, but shipping, manufacturing and retail executives say that they don't expect a return to more-normal operations until next year and that cargo will continue to be delayed if Covid-19 outbreaks disrupt key distribution hubs.

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WORLD

Hong Kong leader defends US bank head quarantine exemption

AFP, Published on 16/11/2021

» HONG KONG - 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".

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BUSINESS

Hong Kong airport 'plans passenger segregation' to curb cross-infection

Published on 03/11/2021

» HONG KONG: Hong Kong airport officials plan to segregate passengers on mainland China flights from other international travellers in an unprecedented move to prevent cross-infection and build a stronger case for reopening the city's border with the rest of the country.

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BUSINESS

US port logjam brings early Christmas for importers

AFP, Published on 15/10/2021

» LOS ANGELES: Christmas came early -- June, to be precise -- at the port of Los Angeles, as American importers raced to get ahead of a pandemic-sparked logjam that has snarled global shipping.

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BUSINESS

U.S. Supply Chain Struggles to Adapt as Delays Worsen

Business, Published on 28/09/2021

» Nike Inc. doesn't have enough sneakers to sell for the holidays. Costco Wholesale Corp. is reimposing limits on paper towel purchases. Prices for artificial Christmas trees have jumped 25% this season.