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Budget 2024: Hong Kong to Assess Talent Visas while Nurturing Local Talents

The Hong Kong government will put more effort into nurturing local talents while also reviewing existing talent schemes to ensure their effectiveness. The government will organise a summit and a conference in May, aiming at promoting the flow of talent in the Greater Bay Area. More than 140,000 applications have been received under the various talent admission schemes, of which more than 100,000 have been approved in the past year, said Financial Secretary Paul Chan Mo-po in his budget address today. The Top Talent Scheme, launched in 2022, allows people with incomes higher than HK$2.5 million or degrees from eligible universities to apply for residency without employment. This added an estimated HK$34 billion to the economy, equivalent to 1.2% of Hong Kong's GDP, Chief Executive John Lee Ka-chiu said in a public address in February.  Chan said that 60% of immigrant talents were married, and most of them have brought their families to Hong Kong.   Lilian Bao, 42, a former executive of a Beijing-based internet company who emigrated to Hong Kong under the talent scheme, now lives with her daughter in Hung Hom. “I immigrated to Hong Kong for my daughter's future education,” she said. “I want her to enjoy a more international, diverse and independent learning and living experience here.” Some doubt the long-term effectiveness of the talent schemes. Some applicants have not complied with the time frame for coming to Hong Kong and securing employment after receiving approval, said legislator Adrian Ho in a Legco meeting in January. Ho also said that some say the scheme is relatively lenient in the work experience requirement and the vetting and approval criteria, making it possible for some people to exploit the scheme to immigrate to Hong Kong.  “There are rumours that individual applicants have only come to Hong Kong for …

Society

Technology for Change Asia : new initiatives to make Hong Kong a “smarter city”

An artificial intelligence Supercomputing Centre and a Digital Policy Office will be established in Hong Kong in phases starting this year, along with more than 100 digital government initiatives to be launched. These initiatives were highlighted by the Secretary for Innovation, Technology and Industry, Dong Sun, in his opening speech of the 4th annual Technology for Change Asia event held yesterday, which hosted 300 solution-oriented leaders from across the world. According to Sun, AI technology is “ charting the way” in the process of technological revolution and industry transformation in a new era for Hong Kong. “The AI Supercomputing Centre will help build a resilient digital economy and a Hong Kong that is more welcoming to international investors, which will bring huge economic benefits and allow us to have a ‘Smart City’,” Sun said. “The future is all about AI”  “‘Smart City’ means that it can decide which specific problems can be solved by specific technologies,” said Atsuko Okuda, regional director of International Telecommunication Union. “The use of AI technology could contribute to productivity and help improve market efficiency,”said Tom Standage, deputy editor for The Economist. One of the examples is KUDO, the international sponsor for the event, which provides real-time translation. “What we do is enable attendees to watch full text of speeches and panel discussions content in their mother language,” said Nick Blake, head of sales at KUDO Asia-Pacific district. “Thanks to AI, we can translate more than 200 languages for meetings, training and  many other situations in Hong Kong from now on.” However, using AI as an ancillary tool for “Smart City” faces potential risks, according to Jimmy Wales, founder of Wikipedia . “AI can convey biased or deceptive information," said Wales. "If Hong Kong wants to build a ‘Smart City’ with the help of AI, it …

Politics

Imaginative Promotional Merchandise: Cultural and Creative Products in Taiwanese Elections

  • By: Wai Yan MIU、KONG Tsz Yuen、MAO AnqiEdited by: KONG Tsz Yuen、Wai Yan MIU
  • 2024-02-01

Numerous people were lined up to buy promotional merchandise from the Taiwan People's Party (TPP), which had set up several kiosks amid the electric atmosphere of Tainan. The TPP had also prepared a large truck for the efficient delivery of merchandise. At a few booths, individuals could donate money to the TPP and receive propaganda materials in return, with no minimum amount required for the donation. Around the vibrant venues, we noticed people selling homemade promotional items. Some individuals, after covering the cost of souvenirs, expressed a desire to donate to the party to support its ongoing activities. In preparation for the upcoming elections, three parties—namely the Taiwan People’s Party, the Democratic Progressive Party (DPP), and the Kuomintang (KMT)—have launched a series of promotional merchandise, each showcasing their unique characteristics. This promotional merchandise was available for sale and on display at campaign headquarters and branch offices across various cities and towns. The primary purpose of selling these items was to raise funds for the respective parties' candidates. During campaign rallies, volunteers and party-affiliated staff also set up stands to sell a wide range of creative products, including both official merchandise and spontaneous, fan-made items. The three parties have distinct characteristics reflected in their merchandise. These items include representative cartoon images of the presidential candidates and slogans supporting their respective parties. The Taiwan People’s Party has created an energetic atmosphere with aqua colors and designs that appeal to the youth. The Democratic Progressive Party has used themes of baseball and pets to design a series of products. Meanwhile, the Kuomintang’s designs are simple, aiming to minimize the overt campaign implications of their products. According to RTCC data, promotional items for DPP's Lai Ching-te are the most popular, generating significant discussion among more than 11,000 people in just two and a half …

Society

Waste-charging Scheme delayed to August

  • The Young Reporter
  • By: XIA Fan、ZHANG YipingEdited by: Ji Youn Lee、Yuqi CHU
  • 2024-01-24

The start date of the new waste-charging scheme based on the pay-as-you-throw principle was pushed back again by four months to Aug 1, announced Secretary for Environment and Ecology Tse Chin-wan on Friday. The scheme was scheduled to start on April 1. The delay is to better explain the details and ease public confusion, Tse said in the press conference. Justina Chan, a street vendor selling socks in her 40s, said the scheme was a disturbance to her normal life. “When the day comes, I have no choice but to obey the rules. Though I would never say I support it from my heart,” said Chan. The scheme, initially proposed over two decades ago, seeks to address public awareness of recycling and reduce waste through a requirement for dumping rubbish with government-approved bags. Marcus Lo, 26, a government employee, said he agrees with measures for environmental protection, but is concerned over resistance. The price of the new government rubbish bags is HK$0.11 per litre. For bulky waste and large furniture, a "fee label" with a standardised price of HK$11 is required to be purchased. According to the Hong Kong Waste Reduction report, the disposal rate of Municipal Solid Waste was 1.51 kg per person per day in 2022. A family using a 10 or 15 litre government bag every day is likely to spend about HK$30 to HK$50 a month on the bags, compared to under $10 at the current price. Lo called for more attention being paid to the vulnerable groups. “If the government could put more effort into helping the low incomers, the enforcement process would be smoother as the new launch will drive up their living cost,” said Lo. The Finance Committee Procedure last December passed a bill giving a monthly subsidy of HK$10 to people receiving …

Society

Taiwan Election 2024: Nuclear power becomes the focus of energy policies

  • By: Man TSE、Yuchen LI、Junzhe JIANGEdited by: Junzhe JIANG
  • 2024-01-12

Taipei (TYR) - With conflicting energy policies from three candidates, the Taiwan presidential election will be held on Jan. 13, which has become one of the major focuses among voters in Taiwan. To reduce dependence on fossil fuels, three political parties propose different approaches. While the Kuomintang proposes to extend the use of the existing three nuclear power plants and restart the fourth plant, the Democratic Progressive Party and Taiwan People's Party focus on developing renewable energy, such as hydroelectric power, geothermal energy and ocean energy, to reduce dependence on nuclear power. In the past nearly eight years under Tsai Ing-wen’s government, Taiwan's electricity price has been raised by 23%; the most recent rise was about 11% in April 2023. According to the data from Taiwan Power Company, the latest average price of electricity in November was NT $3.09/ kWh (about HK$ 0.78/ kWh), which is 13.4% and 19.2% higher than the average price in the past two years, respectively. The research from Global Petrol Price.com shows that the world's average electricity price for family use in June 2023 was US$ 0.156/ kWh (about HK$ 1.25/ kWh), which was 76% higher than the average price in Taiwan in the same period. The average electricity price for businesses was US$0.153/ kWh (about HK$ 1.17/ kWh), recorded 39% higher than in the same period in Taiwan. Regarding the changes in electricity prices, residents in Taichung city said the increase in electricity prices is acceptable.  “The prices of everything are rising, not only the electricity price but also the costs of food, transportation and housing. I think the increase in electricity prices is not a major burden,” said Marry Liao, a housewife living in Taichung. Data from the Taiwan Statistics Bureau shows that Taiwan's year-on-year CPI index increased by 2.5% in 2023, recording …

Politics

M+ museum is criticized for hindering artistic freedom

  • By: Bella DingEdited by: Bella Ding
  • 2023-07-30

Society

Chief executive demands better control towards Hong Kong budget tourism from mainland

  • By: Junzhe JIANG、Xiya RUIEdited by: Ming Min AW YONG
  • 2023-03-30

Chief Executive John Lee Ka-chiu has asked related officials to enhance the control of the crowds to solve the complaints from Hong Kong residents over the low-cost mainland visitors gathering on the street and in restaurants. Lee said on Tuesday that the city's tourism is recovering and has reached the first stage of returning to normality, hence making it necessary to manage the capacity. In the press conference, Lee said he had asked the related authorities, including Culture, Sport and Tourism Bureau as well as Hong Kong Tourism Authority to manage the tourism’s impact on transportation. After the three-year shutdown, many cross-border tourists have returned to the city, leading to crowding in Kowloon City, To Kwa Wan, Hung Hom and more. According to the Hong Kong Tourism Board, the number of tourists from the mainland increased to 280,525 in January, 470.8% more than the same period in 2022. Hong Kong Express announced that they would operate 400 more flights every week to cope with rising levels of flights to Hong Kong.  Cheng Xinyi, a customer manager from Donghai travel agency, said they have four to five tour groups to Hong Kong every day, and Hong Kong is the best choice for tourists with a lower budget. The tourists are usually guided by their tour conductors and travel among the districts for shopping. This caused complaints about noise, hygiene issues, and transportation congestion spark. “There are many mainland tour groups eating in my restaurant,” said Maa Hoi-ying, the owner of a local restaurant in To Kwa Wan. “I usually accept 50 customers at the same time, but I can only keep 10 to 15 seats for my neighbourhoods,” she said. Maa said although there are some complaints about the tour groups, she’s happy with them as she can earn more money. …

Society

MTR new fares tie to property profits and an one-off 1.2% fare cut announced

  • By: Xiya RUIEdited by: Tsz Ying CHEUNG、Ming Min AW YONG
  • 2023-03-25

The Hong Kong government has approved a one-off fare reduction of  1.2%  points in MTR fares this Tuesday, which is the biggest reduction in recent years, as MTR decided to maintain stable fare prices for the public, according to Lam Sai-hung, Hong Kong Transport Secretary, at a press conference on March 21. The MTR’s Fare Adjustment Mechanism is a system regulating the fare increment of public utilities, including the Mass Transit Railway Corporation Limited (MTR). Meanwhile, the new mechanism will be directly tied to the MTR property development profits. Starting from this June, the more profit the MTR makes, the smaller the fare increases.   Lam stated that the new calculation formula of fares has a long-term effect. A decline of 1.85% for fares is expected in 2024.  “The fare should have been adjusted long ago. My monthly subway transportation fee is close to HK$400, such a big cost!” said Wong Youkum, 29, a Central agency employee.  Specifically, if the MTR property profit reaches 5 billion to 10 billion Hong Kong dollars, the special deduction will be increased by 0.1 percentage points. If the property profit exceeds 10 billion yuan, the special deduction will be increased by 0.1 percentage points, and the special deduction will be up to 0.8%. Jacob Kam Chak-pui, the CEO of MTR Corp, claimed that it is necessary for the corporation to have stable revenue sources as the railway network reaches a mature stage and the expenses of keeping, modernizing, and replacing railway assets have been steadily rising. “I saw some news that the subway doors suddenly flew out and broke down,” said Wong. “There is no reason for the MTR to charge higher and higher fares when even the most basic safety issues are worrying.”  The MTR’s Fare Adjustment Mechanism has led to an over 31% …

Society

Tolls for two Hong Kong cross-harbour tunnels will increase to HK$30 from August 2, charges for Western Tunnel will decrease to HK$60

  • By: Kei Tung LAMEdited by: Ming Min AW YONG
  • 2023-03-22

To alleviate long-standing traffic flow issues, the Hong Kong government proposed a new toll plan for three cross-harbour tunnels in two stages.  Chan Sai-hung, the Secretary for Transport and Logistics, said that under the first stage, starting from August 2, tolls for private cars using the Western Harbour Crossing will be lowered from HK$75 to HK$60. Also, the tolls for the Cross-Harbour Tunnel and the Eastern Harbour Crossing will be increased from HK$20 to HK$30 and from HK$25 to HK$30, respectively.  Taxi fares will be standardized at HK$25 per trip for all three tunnels to discourage empty taxis from concentrating on lower-priced return trips through the Cross-Harbour and Eastern Harbour Crossings. "The lower toll rate for the Western Harbour Tunnel would encourage me to use it more often," Chan, a private car driver, said. He said that the higher toll rates for the other tunnels could help distribute traffic evenly across all three tunnels. However, not all drivers are happy with the proposed changes. Sze, a private car driver and a frequent user of the Eastern Harbour Tunnel, said that the toll increase would add to his monthly expenses. "The new charges are just a disguised increase in fares," he said. Under the proposed second stage, which is expected to start latest by the end of this year, the government plans to implement different charging schemes for different time periods.  During "non-peak hours", 7 pm to 7.30 am,  from Monday to Saturday nights, the three tunnels will charge a flat rate of HK$20 for private cars. In the morning and evening "peak hours", the fee is HK$60 for the Western Harbour Tunnel and HK$40 for the Cross-Harbour and Eastern Harbour Crossings.  On Sundays and public holidays, private cars will be charged at a flat rate of HK$20 to HK$25, depending …

Society

Hong Kong’s mask mandate lifted after almost three years

  • By: Tsz Yin HOEdited by: Ming Min AW YONG
  • 2023-03-01

Chief Executive John Lee Ka-chiu has announced scrapping the COVID-19 mask mandate starting today. The lift came into effect and Hongkongers and tourists are free to not wear masks on public transport, public indoor and outdoor areas and all scheduled premises, without fines. Hong Kong is believed to be the last place on the planet to end the mask-wearing mandate according to Lee. The mask mandate has lasted for 959 days. “In order to give people a very clear message that Hong Kong is resuming to normalcy, I think this is the right time to make this decision,” said Lee. The majority of people in the city are still wearing masks, especially in crowded areas such as public transport and commercial districts. “The demand for masks will still remain in the short run,” said Zita Cheung, a salesperson at a mask shop. She said that the business of her shop is significantly worse today, as very few customers visited. Currently, her shop is providing discounts for clearance sales and the shop is no longer restocking masks. However, mask-wearing is still required for entering venues regarded as high risk, according to Lee, including medical facilities, residential care and elderly homes. The government also suggests that people with weak immunity or chronic diseases should also wear a mask. Hong Kong has axed several other major controls in recent months, including mandatory quarantine for all arrivals, social distancing and vaccine requirements.