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Innovative Technology Can Boost Both R&D Institutions and Enterprises The fourth industrial revolution was said to be the catalyst for organisations to take up innovation and technology (I&T). Organisations of every size, especially enterprises are encouraged to take up relevant research and development (R&D) to increase their respective uses of I&T. Some countries may have…
All You Need to Know: Hong Kong Leader Announces Newest Policy Address The latest policy address was delivered by Hong Kong’s Chief Executive – Carrie Lam highlighted some of the most crucial aspects and urgent priorities of the Government at the Legislative Council. Since taking office back in 2017, this has been by far her…
All Registered Hong Kong Sports Coach May Apply for the One-off Grant The pandemic Covid-19 has halted most activities globally. Most nations are rolling out monetary funds to help keep jobs and sustenance. Among those who are feeling the pinch are in the sporting industry. Persons from athletes to coaches to sports facilities operators are…
All Hong Kong Residents Are Urged to Change to the Smart Identity Card Ever since 2018, Hong Kong has issued a new smart identity card for its all of its residents including permanent residents, workers and students requiring a visa. While all of its residents are aware of such exercise, the Hong Kong government has…
Hong Kong Expands Tax Treaty Network With Georgia Hong Kong is widely known for its low tax regime and makes an intentional effort to keep things that way. Thus, it is logical that when Hong Kong opens its trade to other nations, low tax is what keeps overseas companies staying put in the special administrative…
World’s Largest GDP Trade Pact Signed – Road to Recovery Road to recovery for China and 14 other partner countries with RCEP trade pact signed ancillary to ASEAN summit. The Regional Comprehensive Economic Partnership (RCEP) was signed on Sunday, the 15th of November 2020, at a separate trade meeting alongside the ASEAN summit. It saw…
Skies Reopened With Hong Kong – Singapore Travel Bubble In the COVID-19 next normal, ‘travel bubble’ and ‘travel corridor’ are the new buzzwords. More and more countries have started to join in the talks of making pacts and establishing travel bubbles. For Hong Kong and Singapore, these plans are about to become a reality, and…
Investment Advisory Body Created to Help Amp Hong Kong’s Financial and Commercial Status On their recent announcement, the Hong Kong Government made the latest update on the establishment of two advisory bodies. A governance committee and an investment committee was created to aid the Hong Kong Growth Portfolio with strategic plans, counsel, and guidance on…
Applications Now Open Under Third Round of Anti-epidemic Fund Hong Kong is now opening applications for the Fitness Centre Subsidy Scheme. A one-off subsidy of $50,000 is provided under this scheme for eligible applicants. The Fitness Centre Subsidy Scheme falls under the Hong Kong Government’s third rollout of its anti-epidemic funding. Fitness centres in the…
Applicable to Operators of Commercial Bathhouses and Public Entertainment Licenses Commercial bathhouse and public entertainment license holders can apply for the subsidy schemes starting 9 October in Hong Kong. This was announced by the Food and Environmental Hygiene Department (FEHD). The scheme is part of the Anti-Epidemic Fund, now on its third round. This third…