Tag: Government
Cracking Down on Fake Accountants: Government’s Strategies and Measures
The government is taking steps to crack down on unlicensed accountants in the city by updating auditing standards. This move aims to maintain Hong Kong's position as a global financial hub, according to officials.Christopher...
Revised Government GDP Growth Forecast: 2.5% – RTHK
The government recently announced that the full-year economic growth forecast has been revised to 2.5 percent, down from the previous estimated range of 2.5 to 3.5 percent. This adjustment comes after real GDP in...
Testing Locally Trained GenAI for Document Processing in HK Policy Address 2024
The Hong Kong government is taking a step towards incorporating Artificial Intelligence (AI) into its document processing procedures. During the recent Policy Address, Chief Executive John Lee announced that the government would be testing...
LME Considers Listing Hong Kong as Delivery Point: Government – RTHK
The London Metal Exchange (LME) is considering listing Hong Kong as a delivery point, according to Secretary for Financial Services and the Treasury Christopher Hui. Hui mentioned that the LME has shown interest in...
Boosting China’s Economy: Local Gov’t Debt Ceiling Raised by US$840 Million
China's economy is getting a boost as the local government debt ceiling has been raised by a significant amount. Lawmakers in China have agreed to increase the local government debt ceiling by US$840 billion...
Expanding Fast EV Charger Network Urged by FTU for Government – RTHK
The Federation of Trade Unions (FTU) is urging the government to take action and expand the fast electric vehicle (EV) charger network in order to promote the adoption of electric vehicles among motorists. According...
Hong Kong Ready for Multi-Entry Travelers: Minister assures – RTHK
Hong Kong is gearing up to welcome an influx of travelers as Beijing has decided to reinstate multi-entry visas for Shenzhen residents. The Secretary for Security, Chris Tang, reassured the public that border control...
Punishment for National Security Violators: Chief Executive’s Warning
Chief Executive John Lee issued a stern warning on Tuesday, stating that individuals who pose a threat to national security will face punishment as prescribed by the law. This statement comes after 45 opposition...
Hong Kong 47: Government Considers Appeal for Longer Sentences amid International Condemnation
The Hong Kong government is considering whether to appeal for longer sentences for certain democrats who were recently jailed in the city's largest national security case. A total of 45 former legislators, ex-district councillors,...
Encouraging Civil Servants to Have Children: Displaying Baby Photos in Hong Kong Gov’t Offices
The suggestion to display baby photos in Hong Kong government offices to encourage civil servants to have children was made by lawmaker Bill Tang during a meeting of the Subcommittee to Study Population Policy...
