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Hello Kitty, goodbye Rolex: Hong Kong retail mix goes downmarket

... d relaxed visa procedures, according to Bloomberg Intelligence. A rising backlash against mainland tourists has also hurt Hong Kong’s appeal. Jones Lang expects street rents in Central to drop a furth ...More

EJ Insight2015-10-28

EPL: How Xi shares one common passion with HK people

... x-monthly visa at the Public Security Bureau in Beijing. The officer on the other side of the table had the right to grant – or not to grant – an extension of the visa. A refusal meant the end of the ...More

EJ Insight2015-10-22

HKMA orders banks to replace info-leaking credit cards

... Jetco and Visa payWave systems. The HKMA has yet to hold any parties accountable for the security risk as it needs more technical details about what has gone wrong, deputy chief executive Arthur Yuen ...More

EJ Insight2015-10-20

Malaysian rapper made to sign 'no politics' vow during HK visit

... s working visa application to the Immigration Department. However, the department said it wouldn’t require applicants to sign such statement when dealing with working visa applications. -- Contact u ...More

EJ Insight2015-10-19

Britain to China: We want more tourists, students and investors

... d market. Visa policy  Britain has been encouraging Chinese mainlanders to visit, study, work or buy property in the country. “We want as many mainland Chinese tourists to come to London as possible,” ...More

EJ Insight2015-10-19

Merkel presses Turkey on migrant intake

... providing visa-free travel for Turkish nationals and a readmission agreement that will allow European countries to return migrants to Turkey, the Wall Street Journal reports citing Prime Minister Ahme ...More

EJ Insight2015-10-19

EU leaders back Turkey deal aimed at curbing migrant influx

...  date for visa-free travel to the EU for Turkish citizens and reenergizing the talks over Turkey’s accession to the bloc, the report said. -- Contact us at [email protected] RA/RC ...More

EJ Insight2015-10-16

High rollers seen with diminishing role in Macau casino revenue

... her relax visa restrictions on mainlanders. Li Gang, director of Beijing's Liaison Office, said the central government is planning to ramp up support for Macau's economy and tourism. [Chinese version中 ...More

EJ Insight2015-10-14

HKMA warns banks about security loopholes with NFC credit cards

... such as a Visa (PayWave), MasterCard (PayPass), American Express or JCB card. In tests conducted by reporters, Banking Card Reader could retrieve cardholder information in one second, while Cardtest c ...More

EJ Insight2015-10-13

How to boost tourism sector amid slump in arrivals

... ons where visa requirements have been eased, while travel to Hong Kong is still hampered by policy restrictions. To many mainlanders, Hong Kong has been checked so many times on their bucket list. The ...More

EJ Insight2015-10-01

HK govt sets up HK$10 million fund for tourism marketing

... xation of visa policies by several countries, local activities deemed hostile to mainland travelers, and a substantial depreciation of Asian currencies against the Chinese renminbi and the Hong Kong d ...More

EJ Insight2015-09-30

Social media trends in financial services and insurance sector

...  example, Visa Korea launched a video campaign on Facebook over the holidays last year featuring Korean actress Park Shin-hye (朴信惠) which eased consumer concerns over online shopping with credit cards ...More

EJ Insight2015-09-23

FIFA suspends No. 2 official after ticket allegations

...  Inc. and Visa Inc. He was dismissed when a New York court ruled that FIFA had "lied repeatedly" during World Cup sponsorship negotiations with MasterCard, but eight months later he was re-hired as se ...More

EJ Insight2015-09-18

How Japan is sucking the air out of its neighbors in tourism

... y tourist visas to Chinese and abolished a requirement that the applicant had a certain level of income; the visa can be extended to five years. Retailers have hired Mandarin-speaking personnel. It ha ...More

EJ Insight2015-09-17

Russian man pleads guilty in US over US$300 mln cyber heist

...  Corp., a Visa Inc. licensee, and Heartland Payment Systems Inc. Drinkman, of Moscow and Syktyvkar, Russia, faces up to 30 years in prison on the wire fraud conspiracy count when he is sentenced on Ja ...More

EJ Insight2015-09-16

Google pushes into mobile payment with US launch of Android Pay

... rCard and Visa as well as cards issued by banks such as Bank of America and US Bank. Google said Citigroup and Wells Fargo would also be added to the list in the next few days. As part of security, th ...More

EJ Insight2015-09-11

Alipay checks in to Hong Kong with Marriott tie-up

... ames like Visa Inc. and MasterCard Inc. This latest move is part of a larger new tie-up between Marriott and Alipay, which is part of the Alibaba-affiliated but separately owned Ant Financial. The tie ...More

EJ Insight2015-09-08

What's the real score on Hong Kong tourism industry?

... o tighten visa arrangements for those crossing the border from the north. Retail sales only registered a slight drop last month from a year earlier. Many pro-establishment politicians said the current ...More

EJ Insight2015-09-07

Why HKSAR may become less special after 2047

... e granted visa-free privileges to HKSAR passport holders than to People's Republic of China passport holders because the international community widely regards us as special and different from the res ...More

EJ Insight2015-09-02

Hong Kong visitor arrivals, hotel revenues dive

... ned their visa restrictions on mainland tourists while currency rates encouraged them to visit other places. Wu expects a continued decline in the number of mainland visitors to Hong Kong. He said loc ...More

EJ Insight2015-09-01

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