Youth Development Commission, HKSAR Government

ZA Bank opens operating account for OKX Hong Kong, In collaborative effort to support Hong Kong's Web3 development

Retrieved on: 
Wednesday, November 1, 2023

HONG KONG, Nov. 1, 2023 /PRNewswire/ -- ZA Bank, Hong Kong's No.1 virtual bank[1], and OKX, a leading global virtual asset exchange and Web3 technology company, today announced that the bank has opened an operating account for OKX Hong Kong.

Key Points: 
  • HONG KONG, Nov. 1, 2023 /PRNewswire/ -- ZA Bank, Hong Kong's No.1 virtual bank[1], and OKX, a leading global virtual asset exchange and Web3 technology company, today announced that the bank has opened an operating account for OKX Hong Kong.
  • The ZA Bank operating account provides essential business banking services to support OKX Hong Kong's daily banking needs.
  • ZA Bank Alternate Chief Executive Devon Sin said: "We're excited to be a trusted banking partner of OKX as it continues to grow its presence in Hong Kong.
  • In March, OKX announced the establishment of OKX Hong Kong, and its intention to apply for the relevant licenses for virtual asset trading platforms.

Arcadis welcomes 'The Chief Executive's 2023 Policy Address'

Retrieved on: 
Thursday, October 26, 2023

HONG KONG, Oct. 25, 2023 /PRNewswire/ -- Arcadis, the leading global Design & Consultancy organization for natural and built assets, welcomes the proposal set out by 'The Chief Executive's 2023 Policy Address' on Wednesday, October 25, which placed creating a livable city and digitalisation as key cornerstones for Hong Kong's competitiveness on both regional and global levels.

Key Points: 
  • HONG KONG, Oct. 25, 2023 /PRNewswire/ -- Arcadis, the leading global Design & Consultancy organization for natural and built assets, welcomes the proposal set out by 'The Chief Executive's 2023 Policy Address' on Wednesday, October 25, which placed creating a livable city and digitalisation as key cornerstones for Hong Kong's competitiveness on both regional and global levels.
  • In response to the Policy Address, Katherine Chan, Greater Bay Area Growth Director & City Executive at Arcadis, said, "Arcadis welcomes the numerous commitments outlined by the Government that place high importance on land and housing supply, together with continued investment in the construction industry.
  • Outlined as a key initiative in the Policy Address, the plan is to move ahead with the Northern Metropolis as the new engine for growth.
  • Arcadis is fully supportive of the proposal, and is working on building Hong Kong as the Airport City and International Aviation Hub to help attract enterprises.

Jockey Club closes Philanthropy for Better Cities Forum with call for global multi-level collaboration in quest for fairer societies

Retrieved on: 
Tuesday, September 12, 2023

HONG KONG, Sept. 12, 2023 /PRNewswire/ -- The third Philanthropy for Better Cities Forum, convened by The Hong Kong Jockey Club Charities Trust, concluded successfully today (12 September) at the West Kowloon Cultural District in Hong Kong.

Key Points: 
  • HONG KONG, Sept. 12, 2023 /PRNewswire/ -- The third Philanthropy for Better Cities Forum, convened by The Hong Kong Jockey Club Charities Trust, concluded successfully today (12 September) at the West Kowloon Cultural District in Hong Kong.
  • This is the reason for the Institute of Philanthropy – the IoP – which our Chairman announced yesterday, and which the Club is backing with HK$5 billion."
  • However we also see it as providing a much-needed Asian voice in the global debate on philanthropy."
  • Founded in 1884, The Hong Kong Jockey Club is a world-class racing club that acts continuously for the betterment of our society.

Jockey Club announces Institute of Philanthropy - bringing together local, regional and global thought leadership for the betterment of society

Retrieved on: 
Tuesday, September 12, 2023

The opening ceremony was officiated by Chief Executive of the Hong Kong Special Administrative Region John Lee and Club Chairman Michael Lee.

Key Points: 
  • The opening ceremony was officiated by Chief Executive of the Hong Kong Special Administrative Region John Lee and Club Chairman Michael Lee.
  • With the mission of becoming a global "think-fund-do" tank for China and Asia, the IoP is dedicated to promoting philanthropic thought leadership at local, regional and global levels together with fellow foundations, philanthropic stakeholders and other institutions.
  • It helps that we have The Hong Kong Jockey Club Charities Trust to turn to, for organising the Philanthropy for Better Cities Forum, and a great deal more."
  • Founded in 1884, The Hong Kong Jockey Club is a world-class racing club that acts continuously for the betterment of our society.

Chu Kong Shipping Announces 2023 Interim Results, Profit Attributable to the Equity Holders of the Company Increases by 6.3% year on year to HK$58.4 Million

Retrieved on: 
Thursday, August 24, 2023

In the first half of 2023, the Group recorded consolidated revenue of HK$1,233.1 million (1H 2022: HK$1,601.2 million).

Key Points: 
  • In the first half of 2023, the Group recorded consolidated revenue of HK$1,233.1 million (1H 2022: HK$1,601.2 million).
  • Profit for the period increased by 1.0% year on year to HK$62.3 million (1H 2022: HK$61.7 million), while profit attributable to the equity holders of the Company increased by 6.3% year on year to HK$58.4 million (1H 2022: HK$54.9 million).
  • During the Period, regarding the cargo transportation business, the container transportation volume recorded 646,000 TEU, representing a year-on-year increase of 0.2%.
  • The break bulk cargoes transportation volume amounted to 202,000 tons, while the volume of container hauling and trucking recorded 90,000 TEU.

Baguio wins an AI-powered Government Smart Toilet contract servicing at over 800 public toilets in Hong Kong

Retrieved on: 
Monday, May 22, 2023

AI technology enhances accuracy, while Machine Learning technology enables continuous improvement of the AI model.

Key Points: 
  • AI technology enhances accuracy, while Machine Learning technology enables continuous improvement of the AI model.
  • Data are collected and analyzed on a dedicated Big Data Platform, providing the Government a comprehensive and holistic perspective with utilisation insights and predictive analytics.
  • This information will support the future strategic development of public toilets, including service standard enhancement, and redeployment and refurbishment of public toilet facilities in Hong Kong.
  • Baguio will persist in developing innovative projects to fully capture market opportunities and grow its green technology business."

FII Institute set to hold FII PRIORITY Asia Summit in Hong Kong in December 2023

Retrieved on: 
Monday, June 19, 2023

RIYADH, Saudi Arabia, June 19, 2023 /PRNewswire/ -- The Future Investment Initiative (FII) Institute will host its FII PRIORITY Asia Summit in Hong Kong on December 7 & 8, 2023.

Key Points: 
  • RIYADH, Saudi Arabia, June 19, 2023 /PRNewswire/ -- The Future Investment Initiative (FII) Institute will host its FII PRIORITY Asia Summit in Hong Kong on December 7 & 8, 2023.
  • Held for the first time in Hong Kong after the success of previous FII PRIORITY Summits, the FII Institute is excited to bring its disruptive platform to Asia.
  • Paul Chan, Financial Secretary of the Government of the Hong Kong Special Administrative Region of the People's Republic of China said, "I very much welcome the FII Institute's decision to host the first FII PRIORITY Asia Summit in Hong Kong.
  • Laura M Cha, Chairman of HKEX, said: "HKEX is delighted to partner with FII Institute and the HKSAR Government to bring FII PRIORITY to Asia in December 2023.

Dr. George Lam Officially Joins VSFG as Honorary Chairman

Retrieved on: 
Tuesday, May 16, 2023

HONG KONG, May 16, 2023 - (ACN Newswire) - To drive the strategic development of innovative financial services, Venture Smart Financial Holdings Limited (hereinafter referred to as "VSFG" or "the Group") officially announced the appointment of Dr. George Lam, BBS, JP ("Dr. Lam") as Honorary Chairman today.

Key Points: 
  • HONG KONG, May 16, 2023 - (ACN Newswire) - To drive the strategic development of innovative financial services, Venture Smart Financial Holdings Limited (hereinafter referred to as "VSFG" or "the Group") officially announced the appointment of Dr. George Lam, BBS, JP ("Dr. Lam") as Honorary Chairman today.
  • Dr. Lam said, "I have accepted the invitation from Mr. Lawrence Chu, Chairman of VSFG, because we share the same vision for the future development of Hong Kong's financial industry.
  • VSFG is the first virtual asset manager in Hong Kong licensed by the Hong Kong Securities and Futures Commission ("SFC").
  • Mr. Lawrence Chu, Chairman of VSFG, also expressed his sincere appreciation to Dr. Lam for joining and supporting VSFG, "As a farsighted visionary, Dr. Lam has always been driving the integration of the new and traditional economies without neglecting the importance of regulations and corporate governance.

REFIRE 220KW HEAVY DUTY FUEL CELL SYSTEM DEBUTS AT HANNOVER MESSE 2023

Retrieved on: 
Monday, April 24, 2023

HANNOVER, Germany, April 24, 2023 /PRNewswire/ -- REFIRE, the world's leading deployer of commercial hydrogen fuel cell technologies, presented PRISMA XXII, the company's most powerful-to-date fuel cell system at a technical seminar during Hannover Messe's Hydrogen and Fuel Cell Europe exhibition and conference.

Key Points: 
  • HANNOVER, Germany, April 24, 2023 /PRNewswire/ -- REFIRE, the world's leading deployer of commercial hydrogen fuel cell technologies, presented PRISMA XXII, the company's most powerful-to-date fuel cell system at a technical seminar during Hannover Messe's Hydrogen and Fuel Cell Europe exhibition and conference.
  • Among other announcements, REFIRE was joined by its Hong Kong partner APAS R&D Centre in presenting their off-grid fuel cell EV charging and power project at the Messe.
  • REFIRE Group's stack division, UNILIA also presented its product line-up covering heavy duty stacks and MEA component manufacturing capability.
  • REFIRE presented its latest heavy-duty fuel cell system, the PRISMA XXII, which delivers up to 220kW in a single integrated system.

Fostering a Smarter Future – Privacy Commissioner Attends the 2023 Digital Economy Summit

Retrieved on: 
Monday, April 17, 2023

Date: 17 April 2023

Key Points: 
  • Date: 17 April 2023
    Fostering a Smarter Future – Privacy Commissioner Attends the 2023 Digital Economy Summit
    The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, and the Assistant Privacy Commissioner for Personal Data (Legal, Global Affairs & Research), Ms Cecilia SIU, attended the 2023 Digital Economy Summit jointly organised by the HKSAR Government and Cyberport on 13 and 14 April 2023.
  • Topics on how smart city technologies will empower economies and help accelerate the formation of digital societies were also discussed.
  • Ms Ada Chung (Left), the Privacy Commissioner, and Ms Cecilia Siu (Right), Assistant Privacy Commissioner for Personal Data (Legal, Global Affairs & Research), attended the 2023 Digital Economy Summit.
  • Ms Ada Chung (third left), the Privacy Commissioner, and other honourable guests attended the 2023 Digital Economy Summit.