- Supercomputing sparks AI innovation
To promote the development of the local artificial intelligence (AI) ecosystem, the Government has allocated $3 billion for the launch of a three-year AI Subsidy Scheme to support eligible organisations such as local universities, research institutes and enterprises in leveraging the computing power of Cyberport’s AI Supercomputing Centre (AISC) to achieve scientific breakthroughs. Popular…
- Nov retail sales up 6.5%
The value of total retail sales in November 2025, provisionally estimated at $33.7 billion, was up 6.5% compared with the same month in 2024, the Census & Statistics Department announced today. After netting out the effect of price changes over the same period, the provisional estimate for the month was 4.4% higher year-on-year. …
- Views on pay TV renewal sought
The Communications Authority today announced the start of a one-month public consultation on the renewal of a domestic pay television programme service (pay TV) licence. Now TV’s pay TV licence is due to expire on September 25, 2027 and it has submitted its licence renewal application to the authority. The authority said it…
- CorpID Sandbox Programme opens
The Digital Policy Office today announced its collaboration with the Hong Kong Cyberport Management Company to launch the Digital Corporate Identity (CorpID) Sandbox Programme. This programme offers a free simulated environment for service providers, including public and private organisations as well as government departments, to conduct proof-of-concept testing and application development for CorpID. This…
- Annual Report 2024-25
- Power subsidy end date extended
The Government announced today that the end date of unused subsidy/relief balances under the Electricity Charges Subsidy Scheme and the Electricity Charges Relief Scheme for 2024/25 will be extended by one year to December 31, 2026. The Government explained that the extension is being granted as a considerable number of households have not yet…
- Water procurement probe completed
The Government today announced that a disciplinary investigation into an incident relating to the procurement of bottled drinking water has been completed, and that it is consulting the Department of Justice regarding disciplinary actions to be taken. The Financial Services & the Treasury Bureau made the announcement while giving an update on the work…
- Govt responds to World Bank report
Hong Kong continues to rank within the top 20 in “Operational Efficiency” and in the second quintile in “Regulatory Framework” and “Public Services”, according to the World Bank Group’s Business Ready 2025 Report. This year’s report expanded its scope from 50 to more than 100 economies, assessing each business environment across three primary pillars…
- Metropolis pilot area to be tendered
The Development Bureau announced today that an open tender will be launched tomorrow for a pilot area under large-scale land disposal in the Hung Shui Kiu/Ha Tsuen New Development Area (HSK) of the Northern Metropolis. This pilot area covers about 11 hectares, comprising three residential sites and three Enterprise & Technology Park (E&TP) sites….
- Views sought on trade digitalisation
The Government today published a consultation paper to gather industry views on proposed legislative amendments intended to facilitate digitalisation of “Business-to-Business” (B2B) trade documents in Hong Kong. It said that digitalisation of B2B trade documents can reduce processing time and costs, enhance transparency and integrity, and facilitate international trade. Enterprises already submit most…
- Tours showcase HK brands
Imagine being able to step back in time to a 1950s grocery store where the product packaging is full of nostalgic charm, pastries are priced at just $0.68 and you can purchase a mooncake for $2. A local bakery group has turned this into reality by opening an experience centre at its Tai Po…
- HK an international legal hub
The General Assembly of the International Institute for the Unification of Private Law (UNIDROIT) has decided to establish its Asia-Pacific Liaison Office in the Hong Kong Special Administrative Region. The office is expected to open in the second half of 2026, marking the first regional presence of UNIDROIT outside its seat in Rome in…
- Virtual asset views published
The Financial Services & the Treasury Bureau, together with the Securities & Futures Commission (SFC), published the consultation conclusions today on the legislative proposals for establishing licensing regimes for virtual asset (VA) dealing and custodian service providers. During the consultation, 101 and 93 submissions were received on the proposed licensing regimes for VA dealing…
- I&T talent entry measures enhanced
The Innovation & Technology Commission today launched three further enhancement measures to the Technology Talent Admission Scheme, with a view to expediting the admission of innovation and technology (I&T) talent from around the world by eligible companies. The measures aim to facilitate relevant companies’ technology-related research and development (R&D) activities in Hong Kong, thereby…
- Tax waiver for persons affected by the fire incident at Wang Fuk Court in Tai Po
- CE opens Hetao zone HK Park
Chief Executive John Lee today officiated at the opening ceremony of the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science & Technology Innovation Co-operation Zone. The Hetao Co-operation Zone is one of the four major co-operation platforms among the Guangdong-Hong Kong-Macao Greater Bay Area under the National 14th Five-Year Plan. The Hong Kong…
- Commodities strategy meeting held
The Strategic Committee on Commodities, chaired by Financial Secretary Paul Chan, convened its first meeting today. Members received a briefing on global commodities market trends and Hong Kong’s development potential, and discussed the categories of commodities and key areas that should be prioritised for in-depth study and discussions. Mr Chan said: “The committee…
- IP financing sandbox launched
The Government today announced the official launch of the intellectual property (IP) financing sandbox and the opening of the Hong Kong Technology & Innovation Support Centre, marking key milestones in promoting IP financing and further developing Hong Kong’s IP trading ecosystem while fostering innovation. The IP financing sandbox was jointly launched by the Commerce…
- Inflation at 1.2% in Nov
Overall consumer prices rose 1.2% year-on-year in November, the same as in October, the Census & Statistics Department announced today. Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 1% in November, the same as that recorded in the previous month. Compared with the year before, price…
- 2026 census begins in Jan
(To watch the full press conference with sign language interpretation, click here.) The Census & Statistics Department announced today that the 2026 Population Census will be conducted from January 1 to December 31, 2026. At a press conference this afternoon, Commissioner for Census & Statistics Leo Yu introduced the new initiatives that will…