Hong Kong Business News

香港商業資訊


News Article List

Govt expresses concerns on UK case

23-5-2024

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Secretary for Commerce & Economic Development Algernon Yau today met the Deputy Consul-General of the UK in Hong Kong on the incident regarding the Hong Kong Economic & Trade Office (ETO) in London.

In a statement, the Commerce & Economic Development Bureau said that as the UK Consul-General ...

Sun Dong begins visit to Belgium

23-5-2024

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Secretary for Innovation, Technology & Industry Prof Sun Dong yesterday began his visit to Brussels, Belgium, where he met European Commissioner for Innovation, Research, Culture, Education & Youth Iliana Ivanova.

Prof Sun pointed out that it was the first time in recent years that a principal of...

April sees 1.1% inflation

23-5-2024

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Overall consumer prices rose 1.1% in April year-on-year, smaller than the 2% increase in March, the Census & Statistics Department announced today.

Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 0.9%, also smaller than March's 1% increase.

...

Kevin Yeung attends tourism summit

22-5-2024

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Secretary for Culture, Sports & Tourism Kevin Yeung, at the Ministry of Culture & Tourism’s invitation, attended the 14th China-US Tourism Leadership Summit held in Xi’an today and spoke at a thematic seminar session.

Noting that Hong Kong has been an important gateway for visitors from the U...

Passage of tax relief bill welcomed

22-5-2024

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The Government welcomed the passage of the Inland Revenue (Amendment) (Tax Concessions and Two-tiered Standard Rates) Bill 2024 by the Legislative Council today.

The bill gives effect to the Government's proposals announced in the 2024-25 Budget and the 2023 Policy Address, which includes reducing salari...

FS to visit France, US

22-5-2024

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Financial Secretary Paul Chan will depart today on visits to Paris, France, and to California, in the US, and will return to Hong Kong on June 1.
 

In Paris, Mr Chan will attend the Guangdong-Hong Kong-Macao Greater Bay Area & Europe (France) Economic & Trade Cooperation Conference, the o...

HK to host 210 mega events in '24

21-5-2024

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(To watch the full press conference with sign language interpretation, click here.)

More than 100 mega events will be held in Hong Kong in the second half of 2024, which will bring the total number of mega events in the city to at least 210 this year.

Deputy Financial Secretary Michael Wong ...

Youth get financial planning support

21-5-2024

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The kick-off ceremony of the Youth Financial Education Programme, launched by the Home & Youth Affairs Bureau and the Investor & Financial Education Council, was held today.

It was announced in the 2023 Policy Address that the Government would launch a pilot scheme to provide young people with fi...

Tech chief to visit Belgium, France

21-5-2024

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Secretary for Innovation, Technology & Industry (SITI) Prof Sun Dong will depart tonight for a visit to Belgium and France to strengthen the city’s ties and co-operation in innovation and technology (I&T) with the European Union and France.

In Paris, Prof Sun will attend VivaTech 2024, Europe...

Kevin Yeung heading to Xi'an

21-5-2024

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Secretary for Culture, Sports & Tourism Kevin Yeung will depart for Xi’an, Shaanxi Province this afternoon to attend a high-level tourism-related meeting.

Mr Yeung will return to Hong Kong on May 22. During his absence, Under Secretary for Culture, Sports & Tourism Raistlin Lau will be Acting S...

Alert issued on fake messages

20-5-2024

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The Commerce & Economic Development Bureau today alerted the public to fraudulent WhatsApp messages purportedly sent by the Secretary for Commerce & Economic Development (SCED).

The bureau and SCED have no connection with the fraudulent messages which have been reported to Police.

Citizens ...

Free trade area a worthy goal

19-5-2024

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Secretary for Commerce & Economic Development Algernon Yau called on Asia-Pacific Economic Cooperation member economies to reaffirm the goal of the Free Trade Area of the Asia-Pacific (FTAAP) to fulfil the promise of shared prosperity.
 
Mr Yau made the call while speaking at a session on the FT...

Algernon Yau joins APEC session

18-5-2024

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Secretary for Commerce & Economic Development Algernon Yau delivered a speech at the "Trade Liberalisation: World Trade Organization (WTO)" session at the Asia-Pacific Economic Cooperation Ministers Responsible for Trade Meeting in Arequipa, Peru.

  

During such discourse, Mr Yau shared his...

HK-Peru trade deal nears completion

17-5-2024

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Secretary for Commerce & Economic Development Algernon Yau and Peru’s Minister of Foreign Trade & Tourism Galdo Marín have jointly announced the substantial conclusion of negotiations over a free trade agreement (FTA) between Hong Kong and Peru.
 

They made the announcement in a meetin...

Film pact signed at Cannes

17-5-2024

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Leading a Hong Kong film industry delegation at the 77th Cannes Film Festival, in France, Secretary for Culture, Sports & Tourism Kevin Yeung yesterday attended the signing ceremony for a memorandum of understanding (MOU) on film and television co-operation between Create Hong Kong and France’s Centre na...

HK expands e-CNY pilot

17-5-2024

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The Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBoC) today expanded the scope of the e-CNY pilot in Hong Kong to facilitate the set up and use of e-CNY wallets by Hong Kong residents.

At a press briefing this afternoon, the authority explained that the e-CNY will provide an addit...

Tourism chief meets trade reps

14-5-2024

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Secretary for Culture, Sports & Tourism Kevin Yeung today met representatives from the tourism, hotel, aviation, catering and retail sectors to discuss how to enhance the speed and quality of the tourism industry's development.

They also exchanged views on tourism marketing strategies and the promoti...

Swap Connect scheme enhanced

13-5-2024

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The People's Bank of China, the Securities & Futures Commission and the Hong Kong Monetary Authority today issued a joint announcement on a series of measures to enhance the mutual access arrangements between the Mainland and Hong Kong interest rate swap markets (Swap Connect).

The Hong Kong S...

Algernon Yau to depart for Peru

11-5-2024

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Secretary for Commerce & Economic Development Algernon Yau will depart for Arequipa, Peru tomorrow to attend the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade meeting.

During the two-day meeting, which will be held on May 17 and 18, Mr Yau and trade ministers from other mem...

US consul's remarks rejected

10-5-2024

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The Hong Kong Special Administrative Region Government today said it strongly deplored and opposed the biased remarks about the situation in the Hong Kong SAR made by US Consul General to Hong Kong Gregory May at a forum recently held by a US think tank.

It also rejected Mr May’s slanders and smears ag...

Kevin Yeung begins Beijing trip

10-5-2024

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Secretary for Culture, Sports & Tourism Kevin Yeung began his Beijing itinerary yesterday by meeting State Council Hong Kong & Macao Affairs Office Director Xia Baolong.

Mr Yeung introduced the Culture, Sports & Tourism Bureau's (CSTB) latest work to Mr Xia who fully recognised its work and e...

Sun Dong meets top Beijing official

9-5-2024

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Secretary for Innovation, Technology & Industry Prof Sun Dong visited the State Council Macao Affairs Office and Ministry of Science & Technology (MOST) in Beijing today.

Prof Sun updated State Council Hong Kong & Macao Affairs Office Director Xia Baolong on the latest situation of Hong Kong'...

5G network capacity enhanced

9-5-2024

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The fifth generation mobile services (5G) radio base stations (RBSs) at the Convention & Exhibition Centre (CEC), AsiaWorld-Expo (AWE) and near Victoria Park have been activated, the Office of the Communications Authority (OFCA) announced today.

The OFCA pointed out that four mobile network oper...

Bay area talent forum held

8-5-2024

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A talent development conference was held in Hong Kong today to promote the building of a talent hub in the Greater Bay Area as well as strengthen talent development and co-operation among Guangdong, Hong Kong and Macau.

Jointly organised by the three places, the Second Guangdong-Hong Kong-Macao Greater B...

Sun Dong to visit Beijing

8-5-2024

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Secretary for Innovation, Technology & Industry Prof Sun Dong will depart for a visit to Beijing today.

During his stay in Beijing, Prof Sun will call on the State Council's Hong Kong & Macao Affairs Office, the Ministry of Science & Technology, and the Beijing Municipal Government.

Pro...

HK’s role as talent hub reinforced

7-5-2024

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Welcome to Hong Kong. And welcome to the inaugural Global Talent Summit organised by the Hong Kong Special Administrative Region (SAR) Government.

And what an inaugural summit this is, with three high-powered, talent-driven events over these next two days: today's International Talent Forum, tomorrow's G...

Talent policy working, says Chris Sun

7-5-2024

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Secretary for Labour & Welfare Chris Sun said today that the Government has made a very good start in attracting talent to Hong Kong through talent admission schemes.
 

Speaking to the media, Mr Sun highlighted that over the past year and a half around 120,000 individuals have come to Hong Ko...

FS attends ADB annual meeting

5-5-2024

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Financial Secretary Paul Chan attended the opening session of the 57th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) and the Plenary Session of Governors during his trip to Tbilisi, Georgia.

Yesterday morning, Mr Chan met Ministry of Finance Vice Minister Liao Min who was a...

FS meets Georgian finance minister

4-5-2024

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On day two of his visit in Tbilisi, Georgia, Financial Secretary Paul Chan joined the constituency meeting of the 57th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) and met Georgia’s Minister of Finance.

During his meeting with Georgia’s Minister of Finance Lasha Khutsi...

CE approves HKEX chairmanship

3-5-2024

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The Chief Executive has approved the appointment of Carlson Tong as Chairman of the Hong Kong Exchanges & Clearing Limited (HKEX) with immediate effect.
 

Mr Tong was elected HKEX Chairman by the directors at a board meeting on April 24. The Chief Executive granted approval under the Securiti...

FS meets ADB President

3-5-2024

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Financial Secretary Paul Chan arrived in Georgia yesterday afternoon for the 57th annual meeting of the Board of Governors of the Asian Development Bank (ADB), which runs until May 5, and met the bank’s President Masatsugu Asakawa.
 

They exchanged views on various issues including the region...

March retail sales drop 7%

3-5-2024

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The value of total retail sales in March, provisionally estimated at $31.2 billion, was down 7% compared with the same month in 2023, the Census & Statistics Department announced today.
 

After netting out the effect of price changes over the same period, the provisional estimate of the volum...

Better deposit protection proposed

3-5-2024

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An amendment bill to enhance the Deposit Protection Scheme (DPS) by raising the protection limit from the current $500,000 to $800,000 was published in the Government Gazette today.

The Deposit Protection Scheme (Amendment) Bill 2024 also aims to strengthen the protection for depositors, maintain banking...

eMPF Platform to launch next month

2-5-2024

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The Mandatory Provident Fund Schemes Authority today announced that the eMPF Platform will be launched on June 26.

At a media briefing, the authority’s Chairperson Ayesha Macpherson Lau said that the platform will reduce the administration costs of MPF schemes, directly benefiting scheme members...

2.44m tax returns issued

2-5-2024

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The Inland Revenue Department today sent out about 2.44 million tax returns for individuals.
 
Taxpayers should file their tax returns by June 3. For sole proprietors of unincorporated businesses, a three-month period is allowed and the filing deadline is August 2. Those filing via eTAX will have an...

Labour Day fireworks light up HK

1-5-2024

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Presented by the Hong Kong Tourism Board, a stunning ten-minute pyrotechnic display illuminated Victoria Harbour this evening near Tsim Sha Tsui Promenade to celebrate the start of the Mainland’s Labour Day Golden Week holiday.

The fireworks were launched at about 130 metres from the shore and reached ...

FS to attend ADB session in Georgia

30-4-2024

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Financial Secretary Paul Chan will depart for Tbilisi, Georgia to attend the 57th annual meeting of the Board of Governors of the Asian Development Bank (ADB) on May 2, before returning to Hong Kong on May 6.

Mr Chan will meet ADB President Masatsugu Asakawa and other senior bank officials, as well as fi...

HK updating tax jurisdictions

30-4-2024

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The Government announced today that based on the Organisation for Economic Co-operation & Development's (OECD) recommendation, Hong Kong is amending the lists of jurisdictions on automatic exchange of financial account information in tax matters (AEOI) under the Inland Revenue Ordinance.

This involve...

Mortgage loans up 6.2%

30-4-2024

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The value of residential mortgage loans approved in March was $19.1 billion, a 6.2% increase compared with February, the Monetary Authority announced today.

Mortgage loans financing primary market transactions rose 27% to $6.8 billion, while those financing secondary market transactions dipped 2.7% to $9...

Tourist attractions inspected

29-4-2024

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Commissioner for Tourism Vivian Sum, joined by the Travel Industry Authority representatives, visited the Palace Museum and the Garden Road Peak Tram Station today, to check on the preparatory work for the Labour Day Golden Week holiday.

They reviewed the preparatory work for receiving visitors implement...

Treasury chief attends Beijing forum

29-4-2024

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Secretary for Financial Services & the Treasury Christopher Hui attended the 2024 Zhongguancun Forum Fintech Parallel Forum in Beijing today.

Mr Hui also called on CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong & Macao Affairs Office Director Xia Baol...

Longer business visit days welcomed

28-4-2024

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The Hong Kong Special Administrative Region Government welcomes today's announcement by Mainland authorities that Mainland residents who travel to Hong Kong with an exit endorsement for a business visit will be able to stay for up to 14 days per visit starting May 6.
 
The Mainland authorities also ...

Christopher Hui to attend BJ forum

27-4-2024

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Secretary for Financial Services & the Treasury Christopher Hui will depart for Beijing tomorrow to attend the 2024 Zhongguancun Forum Fintech Parallel Forum on April 29.
 
Organised by the Haidian District People’s Government and the Xicheng District People's Government, the parallel forum in...

HK to become IP trading hub: FS

26-4-2024

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At a reception hosted by the Intellectual Property Department to celebrate World Intellectual Property (IP) Day today, Financial Secretary Paul Chan said the Government is pursuing a number of initiatives to promote the development of Hong Kong into a regional IP trading centre.

The initiatives include g...

HK-Shanghai links strengthened

26-4-2024

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Chief Executive John Lee and Shanghai Mayor Gong Zheng, leading delegations of the governments of the Hong Kong Special Administrative Region and Shanghai, held the Sixth Plenary Session of the Hong Kong/Shanghai Co-operation Conference in Hong Kong today.

Mr Lee said that the Hong Kong/Shanghai C...

Grant scheme extended

26-4-2024

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The Government and the Securities & Futures Commission today announced details of the extension of the Grant Scheme for Open-ended Fund Companies & Real Estate Investment Trusts.

Implemented by the SFC, the extended grant scheme will be open for applications from May 10.

To further a...

HK, Shanghai boost financial ties

25-4-2024

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Representatives of the governments, financial regulators and exchanges of Hong Kong and Shanghai held the ninth Working Meeting of Hong Kong-Shanghai Financial Co-operation in Hong Kong today to discuss how the two places could enhance financial co-operation.

Secretary for Financial Services & the Tr...

March exports value up 4.7%

25-4-2024

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The value of Hong Kong’s total exports increased to $384.5 billion in March, up 4.7% on the same month last year, the Census & Statistics Department announced today.

The value of imports of goods increased 5.3% to $429.5 billion in the same period.

A trade deficit of $45 billion, or 10.5% of ...

APEC business meeting held in HK

23-4-2024

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Chief Executive John Lee today hosted a welcome dinner for the Asia-Pacific Economic Cooperation Business Advisory Council (ABAC) delegates attending the second 2024 ABAC Meeting in Hong Kong.

Speaking at the dinner, Mr Lee highlighted the commitment of Hong Kong, China, to the Asia-Pacific Economic Coop...

CareerConnect Expo set for May

23-4-2024

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The CareerConnect Expo will be held on May 7 and 8 in the Convention & Exhibition Centre concurrently with the Global Talent Summit · Hong Kong, offering quality job information and tailored solutions for settling in the city.

Hong Kong Talent Engage (HKTE) welcomes talent who are interested in comi...

HK economy solid, growing: FS

23-4-2024

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I have great pleasure to meet you all at the second meeting of the APEC Business Advisory Council (ABAC) this year. This remarkable event gathers nearly 200 business leaders, representing the voice of all 21 APEC member economies.

First, let me express my sincere gratitude to the representatives of ABAC ...

Inflation at 2% in March

23-4-2024

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Overall consumer prices rose 2% in March year-on-year, slightly up from the average 1.9% rate of increase for January and February, the Census & Statistics Department announced today.
 

Netting out the effects of the Government’s one-off relief measures, underlying inflation was 1%, also sl...

HK shines at invention event

21-4-2024

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Secretary for Innovation, Technology & Industry Prof Sun Dong today congratulated the Hong Kong delegation to the 49th International Exhibition of Inventions of Geneva on its success at the event.

The delegation was awarded a record high number of more than 350 prizes, including six Special Awards, 2...

Kevin Yeung views artworks

20-4-2024

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Secretary for Culture, Sports & Tourism Kevin Yeung today visited Ambassador for Cultural Promotion Xu Bing's art exhibition at the Venice Biennale in Venice, Italy.

He also met Hong Kong artists who are exhibiting their artworks in Venice, as well as local cultural and artistic partners in Italy, to...

Market access measures welcomed

19-4-2024

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The Hong Kong Special Administrative Region Government warmly welcomed the measures announced by the China Securities Regulatory Commission (CSRC) today to further expand mutual access between the capital markets of the Mainland and Hong Kong.

The measures include: expanding the eligible product scope of...

HK can help mainland firms thrive: FS

19-4-2024

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Financial Secretary Paul Chan concluded his trip to Suzhou today by visiting an enterprise that engages in in hydrogen power technology.

Apart from viewing the venture’s fuel cell system and its product assembly and testing facilities, Mr Chan met its representatives to learn about the firm’s plans t...

Chinese culture festival set

18-4-2024

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The inaugural Chinese Culture Festival (CCF) will be held from June to September, presenting various performing arts programmes and extension activities for the public and visitors to experience the broad and profound Chinese culture. 

Addressing the CCF's programme parade today, Secretary fo...

FS tours Hangzhou, Suzhou

18-4-2024

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Financial Secretary Paul Chan today met Communist Party of China (CPC) officials and visited research and development (R&D) companies in Hangzhou and Suzhou on day two of his Mainland trip.

In the morning, Mr Chan met CPC Zhejiang Provincial Committee Deputy Secretary and CPC Hangzhou Municipal Commi...

I&T park's partners help attract talent

18-4-2024

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I am delighted to be here with you today, for the Partnership Launching Ceremony of the Hong Kong-Shenzhen Innovation & Technology (I&T) Park.

This morning's ceremony is a milestone in the development of the I&T park - one that resonates far beyond the park's reach, along Hong Kong's boundary...

I&T park signs partnership pacts

18-4-2024

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The Hong Kong-Shenzhen Innovation & Technology Park Limited (HSITPL) today signed memoranda of understanding (MOUs) with some 60 partners from nine economies.

Chief Executive John Lee, Acting Financial Secretary Michael Wong and Secretary for Innovation, Technology & Industry Prof Sun Dong attend...

FS begins Hangzhou trip

17-4-2024

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Financial Secretary Paul Chan began his visit to Hangzhou today by attending a seminar on Hong Kong serving as a multinational supply chain management centre for Mainland enterprises, and touring innovation and technology enterprises.

At the seminar co-organised by Invest Hong Kong and the Hong Kong Econ...

Kevin Yeung to visit Venice

17-4-2024

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Secretary for Culture, Sports & Tourism Kevin Yeung will depart for Venice, Italy, in the early morning of April 19 to officiate at the opening ceremony of the Hong Kong exhibition at the Venice Biennale.

While there, he will visit the China pavilion and pavilions of other regions.

The Hong Kon...

Govt prepares for holiday arrivals

16-4-2024

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The Culture, Sports & Tourism Bureau today convened a meeting to follow up on the preparatory work by various departments for the arrival of visitors to Hong Kong during the Mainland's Labour Day Golden Week, including crowd control management.

The meeting was chaired by Secretary for Culture, Sports...

FS to visit Hangzhou, Suzhou

16-4-2024

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Financial Secretary Paul Chan will depart on a visit to Hangzhou and Suzhou tomorrow, and will return to Hong Kong on April 19.
 

During the visit, he will tour innovation and technology enterprises engaged in artificial intelligence, the Internet of Things, biotechnology, new energy and new mate...

8 lease modifications recorded in Q1

15-4-2024

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The Lands Department today announced that it registered eight lease modifications and two land exchanges in the Land Registry during the quarter ending March 2024, adding that two were technical changes involving no premium.
 

Of the land transactions, three are located on Hong Kong Island, five ...

US, Canada remarks condemned

13-4-2024

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The Hong Kong Special Administrative Region Government today strongly condemned the US and Canada for smearing the Safeguarding National Security Ordinance under the pretext of foreign travel advice updates.

The so-called travel advice claimed that the risks of travelling to Hong Kong would increase afte...

Seamless connectivity for villages

12-4-2024

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People usually find rural life a good way to kick back and spend time at a leisurely pace. But to keep up with the pace of modern technology, the copper-based network villagers once relied on for basic telecommunications services has fallen short.

This is why the Government implemented the the Subsid...

Govt showcases tech solutions

13-4-2024

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At the second edition of the InnoEX which started today, over 100 technology solutions, including those developed by government departments, are being showcased at the Smart Hong Kong Pavilion set up by the Office of the Government Chief Information Officer (OGCIO).

Through interactive experience...

Christopher Hui wraps up US visit

12-4-2024

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Secretary for Financial Services & the Treasury Christopher Hui met businesspeople and university scholars in Chicago yesterday, as he continued his visit to the US.
 

Mr Hui started the day by attending a breakfast seminar co-hosted by the Hong Kong Business Association of the Midwest and th...

HK has multi-pronged digital strategy

12-4-2024

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The digital economy has clearly emerged as a new driving force for global economic development. From digital payments to generative AI (artificial intelligence), data are rapidly changing how businesses operate and thrive, how cities are managed – and,  ultimately, how we work, learn and live.

Our...

CE meets Singaporean Deputy PM

12-4-2024

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Chief Executive John Lee today met visiting Deputy Prime Minister and Coordinating Minister for Economic Policies of Singapore Heng Swee Keat.
 

Mr Lee said he was pleased to see Mr Heng in Hong Kong after they previously met in July last year, when Mr Lee visited Singapore.
 

He sa...

Global talent summit set for May

11-4-2024

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Hong Kong Talent Engage (HKTE) announced today that the Global Talent Summit · Hong Kong will be held on May 7 and 8 at the Convention & Exhibition Centre.

The Chief Executive set out in the 2023 Policy Address that a summit would be organised to promote regional exchanges and co-operation in talent...

Innotech body meets

11-4-2024

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Secretary for Innovation, Technology & Industry Prof Sun Dong chaired the fourth meeting of the Committee on Innovation, Technology & Industry Development today.

At the meeting, members shared their views and suggestions on major initiatives related to the purview of the Innovation, Technology &a...

Philanthropic hub vision promoted

10-4-2024

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Secretary for Financial Services & the Treasury Christopher Hui promoted Hong Kong’s goal of turning the city into a major international philanthropic centre on day two of his trip to the US city of New York on April 9.

In the morning, he met Founder of Bloomberg LP & Bloomberg Philanthropies M...

Urban forestry forum opens

10-4-2024

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The Hong Kong 2024 International Urban Forestry Conference opened at the Science Park today, bringing about 20 speakers from Hong Kong, the Mainland and overseas together to share their insights on various key topics related to urban forestry.

Organised by the Development Bureau with the theme “Green M...

New investment scheme favoured

9-4-2024

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The New Capital Investment Entrant Scheme has seen a good response since its launch on March 1, recording double-digit applications and over 1,600 enquiries, Invest Hong Kong (InvestHK) announced today.

InvestHK pointed out that the applications were from high-net-worth individuals of different na...

Christopher Hui begins New York trip

9-4-2024

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Secretary for Financial Services & the Treasury Christopher Hui began his visit to New York yesterday where he met leaders of financial and business institutions and addressed a reception with the Hong Kong community there.

While meeting Global Chief Economist of S&P Global Ratings Paul Gruenwald...

Christopher Hui to visit US

8-4-2024

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Secretary for Financial Services & the Treasury Christopher Hui will today begin a visit to the US, where he will meet and update representatives of the US business and academic communities on Hong Kong’s financial services sector.
 

The trip, which will involve stops in New York and Chicag...

Incentives spur tourism innovation

5-4-2024

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A special themed day tour taken recently by a group of European tourists in Hong Kong offers a flavour of the itineraries currently on offer to visitors.

Besides taking the Peak Tram to admire the Hong Kong skyline from above, they also visited the Aberdeen Typhoon Shelter and took a boat ride.

Th...

Pop culture festival opens Apr 6

5-4-2024

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The second Hong Kong Pop Culture Festival organised by the Leisure & Cultural Services Department will open tomorrow, presenting over 20 programmes spanning across literature, various art forms and martial arts.

Themed "Arts & Action", this year's festival will take audiences on a j...

Business of I&T Week set

5-4-2024

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The Business of Innovation & Technology Week (BIT Week) will be held in April, the Innovation, Technology & Industry Bureau announced today.

Highlight events include the Digital Economy Summit, the InnoEX and the inaugural Hong Kong World Youth Science Conference.

Secretary for Innov...

Property sales rise 57.2%

3-4-2024

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The Land Registry logged 5,013 sale and purchase agreements for all building units received for registration in March, up 57.2% compared with February and 41.7% lower year-on-year.

The total consideration for such agreements in March rose 65.5% from February, to $37.4 billion, while a 45.7% year-on-year ...

Feb retail sales up 1.9%

3-4-2024

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The value of total retail sales in February, provisionally estimated at $33.8 billion, rose 1.9% compared with the same month in 2023, the Census & Statistics Department announced today.

After netting out the effect of price changes over the same period, the provisional estimate of the volume of tota...

Transhipment scheme extended

1-4-2024

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Customs today extended the Free Trade Agreement Transhipment Facilitation Scheme to cover transhipment cargo from the Mainland to Singapore via Hong Kong.

The scheme's scope of service originally covered the cargo of 67 economies under 19 trade agreements signed between the Mainland and its trading partn...

Multisensory show launched in TST

28-3-2024

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Secretary for Culture, Sports & Tourism Kevin Yeung today attended the launch ceremony of Voyage with Van Gogh, an “Art@Harbour 2024” project being staged at the Cultural Centre Piazza from now until May 31.

Addressing the ceremony, Mr Yeung said the Leisure & Cultural Services Departm...

CS concludes Hainan visit

28-3-2024

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Chief Secretary Chan Kwok-ki concluded his visit to Hainan today by attending the opening plenary of the Boao Forum for Asia Annual Conference 2024 and the Hainan-Hong Kong Entrepreneurs' Luncheon.

The theme of this year's forum is “Asia & the World: Common Challenges, Shared Responsibilities” an...

Mortgage loans down 15%

28-3-2024

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The value of residential mortgage loans approved in February was $17.9 billion, a 15% drop compared with January, the Monetary Authority announced today.

Mortgage loans financing primary market transactions decreased 15% to $5.3 billion, while those financing secondary market transactions dipped 15.2% to...

CS speaks at Boao thematic forum

27-3-2024

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Chief Secretary Chan Kwok-ki today attended the Global Free Trade Ports Development Forum at the Boao Forum for Asia Annual Conference 2024 in Hainan, and exchanged views with Hainan Governor Liu Xiaoming and leaders from overseas.

At the ports development forum, Mr Chan stressed that Hong Kong is a stau...

Charitable plan unveiled at summit

27-3-2024

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The second edition of the Wealth for Good in Hong Kong Summit concluded today with the launch of "Impact Link", a philanthropic initiative helping family offices and asset owners to make informed decisions on charity projects.

Announcing the Impact Link’s launch during the event's gala dinner, Financia...

Kevin Yeung meets SG official

27-3-2024

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Mr Yeung briefed Mr Tong on the latest developments in Hong Kong’s cultural and sports policies. They spoke about promoting culture and supporting sports, and explored opportunities for collaboration.

      

He said that Hong Kong is striving to set up a platform for...

Unwavering support for family offices

26-3-2024

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You are the decision-makers and high-profile professionals driving family offices all over the world, coming all the way from different parts of Asia, the Middle East, North America, Europe, and beyond. And you are here these next few days to learn more about Hong Kong. About why Hong Kong is the preeminent ch...

HK prepares for visitor arrivals

26-3-2024

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The Culture, Sports & Tourism Bureau today convened a meeting to co-ordinate preparations for visitor arrivals to Hong Kong during the Mainland's Labour Day Golden Week from May 1 to 5.

The meeting was hosted by Secretary for Culture, Sports & Tourism Kevin Yeung, with representatives from the Custom...

Feb exports value down 0.8%

26-3-2024

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The value of Hong Kong’s total exports decreased to $284.1 billion in February, down 0.8% on the same month last year, the Census & Statistics Department announced today.

The value of imports of goods fell 1.8% to $325.7 billion for the same period.

A trade deficit of $41.7 billion, or 12.8% ...

Sustainability disclosure vision set

25-3-2024

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The Government today issued a vision statement on developing Hong Kong’s sustainability disclosure ecosystem.
 

Secretary for Financial Services & the Treasury Christopher Hui said accurate information is an essential element in facilitating green and sustainable financial services.
&nbs...

HK backs sustainability reporting: CE

25-3-2024

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It is a great pleasure to be here, to have this welcome opportunity to speak to you, at the opening of the One Earth Summit.

The theme of this global gathering, “Planetary Crossroads: Investing in Innovations for a Sustainable Future”, highlights the importance of the challenges we face. For each and...

Govt condemns biased US remarks

23-3-2024

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The Security Bureau today strongly condemned the unfounded and biased remarks made by US Secretary of State Antony Blinken, which deliberately misled the public and smeared the Safeguarding National Security Ordinance.

The bureau issued a statement to set the record straight, adding that it is incontrove...

HK ranks 4th in global finance index

21-3-2024

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Hong Kong maintained fourth place in the Global Financial Centres Index 35 Report published today by the UK's Z/Yen and the China Development Institute from Shenzhen.

The Government said under the “one country, two systems” principle, Hong Kong enjoys the unique advantages of being backed by the moth...

20 building plans approved in Jan

21-3-2024

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The Buildings Department approved 20 building plans in January - eight on Hong Kong Island, seven in Kowloon and five in the New Territories.

Of the approved plans, 13 were for apartment and apartment-commercial developments, four were for commercial developments, and three were for community services de...

Feb sees 2.1% inflation

21-3-2024

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Overall consumer prices rose 2.1% in February year-on-year, larger than the increase registered in January, the Census & Statistics Department announced today.

Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 1.2%, also higher than January.

<...

25 strategic enterprises come to HK

20-3-2024

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The Office for Attracting Strategic Enterprises (OASES) today held the OASES Partnership Signing Ceremony and welcomed a new batch of strategic enterprises to set up or expand their businesses in Hong Kong.

At the ceremony witnessed by Chief Executive John Lee and Financial Secretary Paul Chan, 25 str...

FS welcomes strategic enterprises

20-3-2024

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Allow me to congratulate you on choosing Hong Kong to expand your business in this region. Whether you are setting up a global R&D (research and development) centre or regional headquarters, rolling out new trade, or developing Web3 payment services or production facilities for green and low-carbon co...

CS chairs human resources meeting

18-3-2024

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Chief Secretary Chan Kwok-ki today chaired the third meeting of the third-term Human Resources Planning Commission.

Representatives of Hong Kong Talent Engage (HKTE) and the Office for Attracting Strategic Enterprises (OASES) briefed members on their achievements in trawling for talent, enterprises and i...

Study shows HK a wealth hub: Govt

18-3-2024

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A Deloitte market study commissioned by Invest Hong Kong estimates that the city has more than 2,700 single-family offices. 

The study predicts that with Invest Hong Kong’s support and favourable policy measures from the Government, Hong Kong will rise to become the world’s premier centre...

City I&T challenge launched

16-3-2024

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The second City I&T Grand Challenge was launched today, inviting all sectors of the community to put forward innovative solutions from April 5 to May 16 to enhance the experience of nature and create a caring society in Hong Kong.

Organised by the Innovation & Technology (I&T) Commissi...

AI contest winners commended

15-3-2024

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The award presentation ceremony for the "Innovative Application with AI" Innovation Competition was held today.

The "Improving communications through generative sign language" project won the grand award, while the "AI Environmental Air Nuisance Investigation Robot Dog" project was first runner-up and th...

New valuation list and rent roll ready

15-3-2024

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The 2024-25 Valuation List & Government Rent Roll will be available for inspection from March 18 to May 31.

They list and roll can be inspected at the Rating & Valuation Department, located at the Cheung Sha Wan Government Offices, 15/F, 303 Cheung Sha Wan Road, Kowloon. They are also available <...

Art@Harbour 2024 to start Mar 25

13-3-2024

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The large-scale outdoor art project “Art@Harbour 2024” will be launched on March 25, bringing a new inspirational and sensory experience at the Victoria harbourfront through outdoor art installations and digital art facades.

Featuring the integration of art, science, and technology, the art pr...

Entrant scheme response positive

13-3-2024

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Following the fruitful result of the inaugural Wealth for Good in Hong Kong Summit in March last year, the second summit is set to return on the 27th of this month. This exclusive event is part of the Financial Mega Event Week in March, designed to gather asset owners and family office managers around the glob...

Treasury Building officially opens

12-3-2024

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Financial Secretary Paul Chan opened the Treasury Building today, marking the official commissioning of the new office building.

Located at 3 Tonkin Street West in Cheung Sha Wan, the Treasury Building is close to MTR Cheung Sha Wan and Nam Cheong stations and served by bus and minibus services nearby.

Cargo clearance scheme launched

8-3-2024

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Secretary for Commerce & Economic Development Algernon Yau today officiated at the launch ceremony of a scheme that aims to avoid duplication of inspections by customs authorities in Guangdong, Hong Kong and Macau.

The first batch of transshipment cargo was successfully delivered to the Macau clearan...

CE celebrates Women’s Day

8-3-2024

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Chief Executive John Lee and his wife Janet Lee officiated at a reception held by the Home & Youth Affairs Bureau and Women’s Commission (WoC) to celebrate International Women’s Day 2024 today.

It was attended by WoC members, and representatives from women’s groups, non-governmental organisatio...

FS reviews fire services recruits

8-3-2024

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Financial Secretary Paul Chan today reviewed the Fire Services passing-out parade for 10 station officers, 99 firemen and 33 ambulancemen at the Fire & Ambulance Services Academy.


Speaking at the parade, in addition to commending members of the Fire Services Department for their dedicated efforts...

Mega events group meets

8-3-2024

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Deputy Financial Secretary Michael Wong today hosted a Mega Events Coordination Group meeting on enhancing the publicity of major events and the efforts in promoting mega events in the city.

Chaired by Mr Wong, with Secretary for Culture, Sports & Tourism Kevin Yeung as deputy, the group aims to stre...

Tech chief visits Abu Dhabi

7-3-2024

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Secretary for Innovation, Technology & Industry Prof Sun Dong and a delegation from the innovation and technology (I&T) industry began their visit to Abu Dhabi, the United Arab Emirates.

Their morning schedule included a tour of Masdar City, which is a business and research and development hub wi...

Financial mega events set

7-3-2024

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The Government today announced that Financial Mega Event Week will be held in the last week of March, with a series of top-tier international conferences and exhibitions to take place in the city.

The event will feature three world-class financial summits - the Wealth for Good in Hong Kong Summit (WGHK) ...

Sun Dong visits UAE

7-3-2024

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Secretary for Innovation, Technology & Industry Prof Sun Dong today continued a visit to Dubai, the United Arab Emirates (UAE), with a delegation of representatives from the innovation and technology (I&T) industry.
 

Prof Sun and the delegation attended a business lunch, hosted by the Ho...

1823 service boosts efficiency

7-3-2024

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The Efficiency Office today said it will actively follow up on the recommendations set out in the Ombudsman's investigative report on the effectiveness of 1823 in handling complaints and enquiries.

Among the 13 recommendations made by the Ombudsman, the office said seven have already been implemented or ...

MTR chair reappointed

7-3-2024

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The Government today announced that the Financial Secretary Incorporated has reappointed Rex Auyeung as Chairman of the board of directors of the Mass Transit Railway Corporation for one and a half years.

The reappointement was made in accordance with the Articles of Association of the MTRC and the Gover...

Tax concessions set

6-3-2024

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A bill to implement the one-off tax concessions and two-tiered standard rates regime as proposed in the 2024-25 Budget will be gazetted on March 8 and introduced into the Legislative Council on March 20, the Government announced today.

The Budget has proposed one-off reductions of salaries tax, tax under...

FS optimistic about public finance

6-3-2024

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Financial Secretary Paul Chan today said he is confident that the Government will achieve fiscal balance in the pace that he set out in the Budget.

Addressing young people’s questions during a live programme on Budget Online@M21, Mr Chan outlined the measures he proposed to reach this goal.

“In...

Customs’ int’l commitment reaffirmed

6-3-2024

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We are celebrating the inauguration of the WCO (World Customs Organization) Regional Dog Training Centre in Hong Kong.

And my congratulations to Hong Kong Customs for its accreditation by the WCO as one of now five Regional Dog Training Centres in the Asia-Pacific region. This status strengthens Hong Kon...

Sun Dong boosts I&T ties in Riyadh

5-3-2024

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A delegation of representatives from the innovation and technology (I&T) industry, led by Secretary for Innovation, Technology & Industry Prof Sun Dong, began day two of their visit in Riyadh yesterday by attending the opening of the LEAP 2024 technology conference.

While delivering a keynote spe...

CE begins Beijing visit

4-3-2024

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Chief Executive John Lee arrived in Beijing today, beginning a series of engagements in the nation’s capital.
 

Calling on the Ministry of Finance, Mr Lee met Minister of Finance Lan Fo’an for an exchange of views on various topics, including ways to enhance financial co-operation between the...

Sun Dong begins visit in Saudi Arabia

4-3-2024

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Secretary for Innovation, Technology & Industry Prof Sun Dong led a delegation to begin their visit to Riyadh, Saudi Arabia.

Upon their arrival in Riyadh, they visited King Abdulaziz City for Science & Technology and met its President Munir Eldesouki.

The group was briefed on the tech city'...

HK, Bahrain tax pact signed

4-3-2024

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Hong Kong yesterday signed a comprehensive avoidance of double taxation agreement (CDTA) with Bahrain.

Under the pact, Hong Kong companies can enjoy double taxation relief in that any tax paid in Bahrain, whether directly or by deduction, in accordance with the CDTA will be allowed as a credit against th...

Property sales dip 27.5%

4-3-2024

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The Land Registry recorded 3,189 sale and purchase agreements for all building units received for registration in February, down 27.5% compared with January and 46.7% lower year-on-year.
 

The total consideration for such agreements in February fell 32.9% from January, to $22.6 billion, while a 4...

HK, Bahrain sign investment pact

3-3-2024

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The Hong Kong Special Administrative Region and Bahrain today entered into an investment promotion and protection agreement (IPPA) in Manama, Bahrain, with a view to enhancing investors’ confidence, expanding investment flows and strengthening economic and trade ties.

Secretary for Commerce & Econo...

Tech chief to visit Middle East

2-3-2024

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Secretary for Innovation, Technology & Industry Prof Sun Dong will lead a delegation of representatives from the innovation and technology (I&T) sector on a visit to Saudi Arabia and the United Arab Emirates on March 3, with a view to strengthening Hong Kong’s I&T co-operation with the two countr...

E-commerce driving world trade

1-3-2024

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Secretary for Commerce & Economic Development Algernon Yau attended a session yesterday on e-commerce of the 13th World Trade Organization (WTO) Ministerial Conference in Abu Dhabi, the United Arab Emirates.

During the session, Mr Yau said that e-commerce is rapidly developing and has become a key dr...

New investment scheme launched

1-3-2024

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The new Capital Investment Entrant Scheme is open for application starting today, the Government announced.

It explained that an eligible applicant must make investment of a minimum of $30 million in the permissible investment assets. What’s more, successful applicants may bring their spouses an...

Pyrotechnic shows to entice tourists

1-3-2024

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(To watch the full press conference with sign language interpretation, click here.)

Secretary for Culture, Sports & Tourism Kevin Yeung said monthly pyrotechnic and drone shows held against the backdrop of Victoria Harbour, as proposed in the 2024-25 Budget, will enrich tourists’ travel...

FS takes calls on radio programme

1-3-2024

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Financial Secretary Paul Chan this morning spoke about the Government’s fiscal consolidation strategy, the removal of residential property sector cooling measures and more as he answered questions from the public about the 2024-25 Budget on a radio phone-in programme.

Besides giving answers on Hong Kon...

Jan retail sales up 0.9%

1-3-2024

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The value of total retail sales in January, provisionally estimated at $36.5 billion, rose 0.9% compared with the same month in 2023, the Census & Statistics Department announced today.

After netting out the effect of price changes over the same period, the provisional estimate represents a 1.2% year...

Bond schemes' borrowing limit is set

29-2-2024

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The Government today served notice to the Legislative Council to introduce a resolution under the Loans Ordinance to set a borrowing ceiling of $500 billion, combined, for the Government Green Bond Programme and the Infrastructure Bond Programme (IBP).

Secretary for Financial Services & the Treasury ...

Restoring WTO dispute system urged

29-2-2024

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Secretary for Commerce & Economic Development Algernon Yau called on World Trade Organization (WTO) members to support the restoration of a fully functioning dispute settlement system during the 13th WTO Ministerial Conference (MC13) in Abu Dhabi, the United Arab Emirates, yesterday.

At a meeting on ...

Mortgage loans up 15.1%

29-2-2024

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The value of residential mortgage loans approved in January was $21.1 billion, a 15.1% rise compared with December 2023, the Monetary Authority announced today.

Mortgage loans financing primary market transactions rose 20.9% to $6.3 billion, while those financing secondary market transactions increased 2...

Govt determined on islands project

28-2-2024

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(To watch the full press conference with sign language interpretation, click here.)

Financial Secretary Paul Chan today said the Government is determined to carry out the reclamation of the Kau Yi Chau Artificial Islands.

At the 2024-25 Budget press conference this afternoon, Mr Chan noted t...

Let the market adjust itself: FS

28-2-2024

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Financial Secretary Paul Chan said today that the decision to remove all demand-side management measures in relation to residential properties was made after taking into account the current market situation, future supply, and the wider economic picture.

Mr Chan announced in his Budget that no Special St...

FS outlines fiscal consolidation plan

28-2-2024

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In the 2024-25 Budget announced today, Financial Secretary Paul Chan proposed a number of measures to increase revenue and outlined a fiscal consolidation programme which aims to restore fiscal balance in a few years’ time.

Mr Chan said even though the Government strived to reduce expenditure as the CO...

Seizing opportunities for quality devt

28-2-2024

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During the past year, Hong Kong has returned to normalcy after the epidemic. The society and the daily lives of our people are back to normal, as they have longed for. Visitors are returning, and our economy is regaining positive growth.  A series of mega events have helped to restore a buoyant mood in th...

More assistance for SMEs

28-2-2024

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Measures are in the pipeline to boost the liquidity of the stock market and inject additional funds to support small and medium enterprises, Financial Secretary Paul Chan announced in his 2024-25 Budget speech.

He pointed out that the Government has created favourable conditions for recovery.

Prope...

FS paves way to green, digital future

28-2-2024

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A number of initiatives and measures aimed at accelerating high-quality development were announced in today’s 2024-25 Budget, with the Government emphasising a move towards a green future and digitalisation.

Explaining that high-quality development spurs ongoing economic innovation and growth whilst co...

Govt to build HK brand on all fronts

28-2-2024

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Financial Secretary Paul Chan this morning pledged that the Government will build the Hong Kong brand on all fronts.

In his 2024 Budget Speech, Mr Chan outlined commitments to raise the city’s standing as a premier destination for business and tourism through consolidation of its prowess in hosting meg...

FS unveils cuts to rates and taxes

28-2-2024

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In his 2024-25 Budget Speech this morning, Financial Secretary Paul Chan announced measures to provide rates concessions, reduce salaries and profits taxes, and pay an extra allowance to eligible social security recipients.

Mr Chan said the measures had been devised in light of the economic pressures fac...

HK’s economic prospects bright: FS

28-2-2024

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Financial Secretary Paul Chan said in his Budget speech today that even though Hong Kong’s export performance will be affected by the external environment, the city’s economy will see sustained and solid development in the medium term.

He made the statement while analysing Hong Kong’s economic situ...

Govt aims to boost I&T development

28-2-2024

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Financial Secretary Paul Chan today spelt out how out how the Government is investing in building a vibrant, international innovation and technology (I&T) ecosystem, and announced the allocation of $3 billion to Cyberport for the launch of an AI Subsidy Scheme aimed at supporting scientific breakthroughs.<...

Measures to showcase HK’s appeal

28-2-2024

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Apart from putting in place a series of measures to showcase Hong Kong’s appeal to people from around the world, Financial Secretary Paul Chan revealed that the Government will roll out key plans to draw in capital, enterprises and talent.

He shared such plans while unveiling his 2024-25 Budget, explai...

$4b+ to boost creative arts branding 

28-2-2024

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While delivering his Budget speech, Financial Secretary Paul Chan reported that the Government will earmark $45 million to establish a support centre for patent search and analysis and inject over $4 billion to support film, arts and design projects.

Regional intellectual property trading centre

Mr...

Govt driven to nurture local talent

28-2-2024

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The Government will provide subsidies of up to $300,000 for each publicly-funded primary school in the next two academic years to enhance primary school students’ interests in information technology and its applications, as it strives to nurture local talent in various fronts.

Announcing the initiative...

Budget responds to expectations: CE

28-2-2024

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Chief Executive John Lee today appealed to all sectors of the community to support the 2024-25 Budget, saying it has responded to the expectations of the public and enterprises while consolidating the momentum of recovery.

In a statement, Mr Lee said amid the uncertain geopolitical situation and economic...

HK will surely soar far and high: FS

28-2-2024

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Mr President, this year will still be fraught with uncertainties. Investment sentiment and capital flows are under the sway of the complicated and volatile external environment.

In the short term, we need to reinforce the momentum of our economic recovery, while in the long run, we have to adjust our eco...

Tobacco duty hike proposed

28-2-2024

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Financial Secretary Paul Chan today proposed in his 2024-25 Budget to increase the duty on cigarettes by $0.8 per stick, while duties on other tobacco products have been increased by the same proportion with immediate effect.

Delivering his Budget, Mr Chan pointed out that increasing the tobacco duty is ...

Land supply to exceed demand: FS

28-2-2024

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Financial Secretary Paul Chan today said the potential land supply for 2024-25 is expected to provide about 15,000 flats, around 14% more than the annual demand projected in the Long Term Housing Strategy.

Mr Chan made the remarks while outlining land and housing measures in the Budget this morning. He n...

Budget steadfastly seeks progress

28-2-2024

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Chief Secretary Chan Kwok-ki today said the 2024-25 Budget steadfastly seeks progress by adopting targeted and effective strategies to formulate measures, while taking into account the sustainability of public finance.

Speaking at a media session after the Financial Secretary delivered the 2024-25 Budget...

FS: HK can be supply chain hub

28-2-2024

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Financial Secretary Paul Chan today announced a series of measures on finance, trade and the maritime and aviation sectors, and vowed to develop Hong Kong into a multinational supply chain management centre that provides consulting services, trade financing and corporate training to enterprises.

Deliveri...

Govt forecasts $48.1b deficit

28-2-2024

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Financial Secretary Paul Chan said today that as the external environment is likely to remain complicated in the coming year and revenues related to asset markets in Hong Kong require some time to fully recover, the Government will continue to provide resources to strengthen momentum in the economy and to enha...

Jan exports value up 33.6%

27-2-2024

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The value of Hong Kong's total exports increased to $388.7 billion in January, up 33.6% on the same month last year, the Census & Statistics Department announced today.

The value of goods imports increased 21.7% to $385.1 billion in the same period.

A trade surplus of $3.6 billion, or 0.9% of t...

Algernon Yau attends WTO sessions

27-2-2024

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Secretary for Commerce & Economic Development Algernon Yau attended two plenary sessions at the 13th World Trade Organization (WTO) Ministerial Conference in Abu Dhabi, the United Arab Emirates (UAE), yesterday.

Speaking at a session on trade and sustainable development, Mr Yau iterated that the mult...

Xia Baolong hears chambers' views

26-2-2024

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Chief Executive John Lee today said CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong & Macao Affairs Office Director Xia Baolong held a meeting with about 40 representatives of local and foreign chambers of commerce to listen to their views.

The exchange be...

Govt holds seminar on Qianhai plan

26-2-2024

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The Hong Kong Special Administrative Region Government today held a seminar to promote the Overall Development Plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone at the Central Government Offices.

National Development & Reform Commission (NDRC) Department of Regional Ec...

HK financial development reviewed

26-2-2024

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CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong & Macao Affairs Office Director Xia Baolong today reviewed the city’s financial and economic development.

He was accompanied by Chief Executive John Lee, Financial Secretary Paul Chan, Deputy Financial Secr...

Finance sector briefs Xia Baolong

26-2-2024

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(To watch the full media session with sign language interpretation, click here.)

Secretary for Financial Services & the Treasury Christopher Hui today said the Hong Kong financial services sector gave CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong ...

Wetland park plan supported

23-2-2024

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The Town Planning Board today agreed to the establishment of a 338-hectare Sam Po Shue Wetland Conservation Park to achieve the dual goals of strengthening wetland conservation and making wetland compensation.
 
The board also agreed to gazette the new draft San Tin Technopole Outline Zoning Plan (O...

Individual visit scheme to expand

23-2-2024

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The Individual Visit Scheme will be expanded to cover Xi'an in Shaanxi Province and Qingdao in Shandong Province starting from March 6.

The Hong Kong Special Administrative Region Government today thanked the central government for its positive response to the proposal of enhancing the scheme in an order...

Xia Baolong holds more exchanges

23-2-2024

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On day two of his inspection visit, CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong & Macao Affairs Office Director Xia Baolong met lawmakers and entrepreneurs.

Mr Xia, accompanied by Chief Executive John Lee, had an engagement session with all Executive C...

Study team keen to listen to views

23-2-2024

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(To watch the full media session with sign language interpretation, click here.)

Chief Executive John Lee today said the study team led by CPC Central Committee Hong Kong & Macao Work Office Director and State Council Hong Kong & Macao Affairs Office Director Xia Baolong is keen to li...

Public services kiosk set up in GZ

23-2-2024

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The Innovation, Technology & Industry Bureau announced today the setting up of the first Hong Kong Cross-boundary Public Services self-service kiosk, in Guangzhou.

The self-service kiosk gives enterprises and residents in Mainland cities of the Greater Bay Area one-stop access to more than 50 ...

Algernon Yau to visit Abu Dhabi

23-2-2024

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Secretary for Commerce & Economic Development Algernon Yau will depart tomorrow for Abu Dhabi, in the United Arab Emirates, to attend the 13th World Trade Organization (WTO) Ministerial Conference (MC13), which will be held from February 26 to 29.
 

Ministers from across the WTO’s membershi...

Commissioner for Industry named

23-2-2024

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The Government today announced that following an open and in-service recruitment exercise, Dr Ge Ming will begin his appointment as Commissioner for Industry (Innovation & Technology) on February 26.

A New Industrialisation Development Office (NIDO), led by Dr Ge, will be established on the sa...

Kevin Yeung launches Art March

22-2-2024

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A launch ceremony for Art March 2024 was held at the Museum of Art today, heralding an upcoming series of mega arts and cultural events in Hong Kong.

Officiating at the ceremony, Secretary for Culture, Sports & Tourism Kevin Yeung said that international and local arts and cultural events converge in...

Inflation at 1.7% in January

22-2-2024

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Consumer prices increased 1.7% year-on-year in January, a smaller increase than that registered in December 2023, the Census & Statistics Department announced today.

Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 0.8%, also lower than that see...

SMS sender scheme expanded

21-2-2024

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The Office of the Communications Authority (OFCA) announced today that the SMS Sender Registration Scheme is now open for application by all sectors to further help the public verify the identities of SMS senders, with a view to combating SMS fraud.

Apart from further opening up the scheme, the OF...

Anti-graft academy established

21-2-2024

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The Independent Commission Against Corruption (ICAC)’s journey began half a century ago. Its clear and compelling mission is to ensure that Hong Kong remains fair, just, stable and prosperous, then as now.

Over the past five decades, the ICAC has become an integral part of governance, partnering with o...

'Silver economy' panel set up

20-2-2024

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The Commerce & Economic Development Bureau today established the Advisory Panel on Silver Economy and convened its first meeting with the aim of initiating research on the development of Hong Kong’s growing elderly population as a consumer segment. 
 

Chairing the panel, Secretary for ...

HK taxation regime recognised

20-2-2024

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The Hong Kong Special Administrative Region Government today welcomed the removal of Hong Kong from the European Union's (EU) watchlist on tax co-operation in recognition of the city’s efforts in ensuring that its foreign-sourced income exemption (FSIE) regime is in full compliance with the EU’s relevant r...

Govt subsidises exhibitors

19-2-2024

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(To watch the full press conference with sign language interpretation, click here.)

Secretary for Commerce & Economic Development Algernon Yau said today that the Government expects the convention and exhibition industry to achieve or surpass pre-pandemic levels given that certain large-s...

1.43m visit HK during Golden Week

18-2-2024

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The Government said today that during the Mainland’s Chinese New Year Golden Week, which ended yesterday, the numbers of Mainland visitors and total inbound visitors coming to Hong Kong exceeded the figures for the same period in 2018.

During the eight-day Golden Week, the Immigration Department prelim...

750k visitors recorded

14-2-2024

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The Government today estimated that Hong Kong attracted 750,000 visitors during the Lunar New Year holidays from February 10 to 13.

Secretary for Culture, Sports & Tourism Kevin Yeung said the preliminary figure reached the level in the same period in 2018 and matched earlier estimates.

“The ...

Algernon Yau promotes HK in Dubai

13-2-2024

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Secretary for Commerce & Economic Development Algernon Yau has been attending the World Governments Summit 2024 in Dubai, the United Arab Emirates. 

Mr Yau met yesterday and today with local government officials and representatives from various organisations to promote co-operation.

Today ...

Algernon Yau to visit Dubai

10-2-2024

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Secretary for Commerce & Economic Development Algernon Yau will depart for Dubai, the United Arab Emirates, tomorrow afternoon to attend the World Governments Summit.

During his stay, Mr Yau will also meet Dubai’s government officials to give them an update on Hong Kong's latest development and bus...

FS, officials make year-end visits

9-2-2024

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Financial Secretary Paul Chan and five other principal officials today met grassroots families in various districts to distribute Lunar New Year gift bags, bringing to a close a three-day year-end programme of care visits.
 

Mr Chan visited an elderly person living alone, a disabled citizen and a...

Virtual asset regulation broached

8-2-2024

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The Government today launched a public consultation on legislative proposals to introduce a licensing regime for providers of over-the-counter (OTC) trading services of virtual assets (VA).

The proposals constitute an important element in the efforts to develop a robust and transparent regulatory ...

Digital Green Bonds issued

7-2-2024

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The Government today announced the successful offering of around HK$6 billion worth of digital green bonds denominated in HK dollars, renminbi, US dollars and euro under its Green Bond Programme.

The two-year Digital Green Bonds attracted subscription by a wide spectrum of institutional investors ...

IT project management strengthened

7-2-2024

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The Office of the Government Chief Information Officer (OGCIO) today promulgated a series of new measures to assist government bureaus and departments to comprehensively strengthen their management of large-scale and high-risk information technology (IT) projects at different key stages of the project developm...

Govt upset over Inter Miami match

4-2-2024

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The Government expressed deep disappointment over Lionel Messi not playing at Tatler XFEST Hong Kong, Hong Kong Team vs Inter Miami CF today, and the organiser failing to provide a detailed explanation promptly.
 
In a statement, the Government said that many Hong Kong fans looked forward to the mat...

Inter Miami CF hosts football clinic

3-2-2024

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Football frenzy is sweeping through the city as Argentine football icon Lionel Messi and his teammates of Inter Miami CF are here to play in an exhibition match against the Hong Kong team.
 
Some young football players got a chance to play with these professionals before the actual match as the team...

Crowds wowed by Inter Miami CF

3-2-2024

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Major League Soccer Team Inter Miami CF commenced their second day in Hong Kong where they took to the field for an open training session at Hong Kong Stadium in the evening. 


Before the training began, numerous fans eagerly waited outside, donning their favourite player's jerseys and purchasing...

Inter Miami CF arrives in HK

2-2-2024

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Major League Soccer team Inter Miami CF arrived in the city today to play an exhibition match against the Hong Kong team at Hong Kong Stadium on Sunday.

The all-star line-up including Lionel Messi, the newly signed Luis Suárez as well as teammates Jordi Alba and Sergio Busquets received a warm welcome a...

InvestHK helped more firms in 2023

2-2-2024

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Invest Hong Kong (InvestHK) has revealed that it assisted 382 Mainland and overseas companies in setting up or expanding operations in Hong Kong last year, an increase of 27% year-on-year.
 

The total investment brought to Hong Kong’s economy from such activities reached $61.6 billion, with the...

'Virtual asset regulation on right path'

2-2-2024

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Since our announcement of the Policy Statement on the Development of Virtual Assets in Hong Kong in October 2022, the virtual asset (VA) market has been developing rapidly. While product offerings have kept evolving, we also saw volatile price fluctuations in certain cryptocurrencies. International organisatio...

Dec retail sales up 7.8%

1-2-2024

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The value of total retail sales in December, provisionally estimated at $36.3 billion, rose 7.8% compared with the same month in 2022, the Census & Statistics Department announced today.

After netting out the effect of price changes over the same period, the provisional estimate represents a 4.8% yea...

Mortgage loans down 25.3%

31-1-2024

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The value of residential mortgage loans approved in December 2023 was $18.3 billion, a 25.3% decline compared with November 2023, the Monetary Authority announced today.

Mortgage loans financing primary market transactions dropped 16.3% to $5.2 billion, while those financing secondary market transactions...

Govt boosts ties with ASEAN

30-1-2024

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Secretary for Commerce & Economic Development Algernon Yau briefed political and business communities on the Government's work on boosting ties with the Association of Southeast Asian Nations (ASEAN) at a luncheon today.

Co-organised by the Trade & Industry Department and Invest Hong Kong, the ev...

iAM Smart to suspend service

30-1-2024

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The mobile app services of iAM Smart will be temporarily suspended from 11pm on February 2 to perform a system upgrade, the Office of the Government Chief Information Officer announced today.

In addition to explaining that the aim of the system upgrade is to facilitate the introduction of addition...

E-commerce task force meeting held

29-1-2024

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The Commerce & Economic Development Bureau today established the E-commerce Development Task Force and convened its first meeting to kick-start the work on co-ordinating and formulating policies and measures on the development of electronic commerce.

The Chief Executive announced in the 2023 Policy A...

Tourism strategy body meets

29-1-2024

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The Tourism Strategy Committee, chaired by Secretary for Culture, Sports & Tourism Kevin Yeung, held its first meeting today.

Mr Yeung invited committee members' preliminary views on the formulation of the Development Blueprint for Hong Kong's Tourism Industry 2.0.

     ...

Multilateral co-operation crucial

29-1-2024

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The two-day 17th Asian Financial Forum (AFF) concluded successfully on Thursday (January 25). AFF is Hong Kong's annual flagship event and a key event for the region's financial community. The forum this year, which returned to a fully physical format for the first time since the COVID-19 pandemic, gathered of...

Over 50s intern for new careers

25-1-2024

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To encourage the latent work force to enter the labour market, the Employees Retraining Board's Post-50 Internship Programme assists individuals aged 50 or above by equipping them with new skills to re-enter the workforce or change careers.

About 800 people have signed up for the programme in the 2023-24...

HK to foster mega events economy

26-1-2024

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Deputy Financial Secretary Michael Wong announced today that the Government will boost a mega events economy and consolidate Hong Kong’s status as an international city through reaching out more proactively.

Over 80 mega events will be held in the first half of 2024, covering culture and art, sp...

Exchange Fund gains $212.7b

26-1-2024

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The Exchange Fund recorded an investment income of $212.7 billion in 2023, with an investment return of 5.2%, the Monetary Authority announced today.

Commenting on the fund's investment results, the authority's Chief Executive Eddie Yue said even though the investment environment in 2023 was extre...

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