A new research institute in Hong Kong is set to ramp up efforts to develop “AI for all” as early as this month, mapping out a strategy to strengthen the government’s capabilities while ensuring all residents and sectors benefit from the technology, a senior official has said. Permanent Secretary for Innovation, Technology and Industry Kevin…
Nearly a quarter of Hong Kong companies are expected to widely adopt AI this year, a threefold increase from a year ago, while a growing number of business leaders believe the technology will result in smaller headcounts, a survey has revealed. Professional services firm KPMG released the Hong Kong Employment Outlook 2026 on Wednesday, with…
Hong Kong authorities have received more than 100 applications for innovative drone usage to pioneer the city’s “low-altitude economy”, with some pilot projects set to launch as early as in three months, the transport minister has said. Secretary for Transport and Logistics Mable Chan also pledged to push more advanced transport technologies to transition from…
A proposed high-level committee that will focus on artificial intelligence (AI) could help tech start-ups in Hong Kong mitigate legal and geopolitical challenges, as well as gain access to important databases for model training, market leaders have said. But the experts also told the South China Morning Post on Thursday that the committee, which was…
Hong Kong’s coming annual budget must address critical bottlenecks in technology and talent attraction to pave the way for the city’s first five-year development framework in line with national priorities, according to observers. The budget, to be delivered by Financial Secretary Paul Chan Mo-po on Wednesday, is more than a fiscal exercise. It is viewed…
Hong Kong stands at a definitive demographic crossroads. With one-third of our population projected to be over 65 by the 2040s, the city can either treat ageing as a fiscal burden or it can transform longevity into a sustainable growth engine. Drawing inspiration from Andrew Scott and Lynda Gratton’s work on the 100-Year Life project,…
Hong Kong’s anti-corruption agency has arrested 33 people on suspicion of defrauding two government technology funding schemes of more than HK$150 million (US$19.2 million). The Independent Commission Against Corruption (ICAC) said on Friday that it had dismantled two syndicates this month and arrested 24 men and nine women aged between 27 and 66, including a…
Hong Kong’s finance chief has pledged to further integrate financial services with technology innovation to foster a thriving ecosystem, following a surge in investor interest in artificial intelligence-related stocks during the first trading day of the year. Financial Secretary Paul Chan Mo-po on Sunday also emphasised Hong Kong’s role as an international capital market in…
Hong Kong is emerging as a neutral hub bridging the technological strengths of East and West while leveraging its robust education and financial systems to drive the next wave of artificial intelligence transformation in businesses, according to PwC executives. As companies worldwide pushed to move AI from isolated experiments to capabilities deployed at scale, not…
Hong Kong’s rail giant has been asked to plan an extension to the South Island line, with construction expected to be completed by 2034, after the city’s key decision-making body gave the green light to proceed with an updated design on Saturday. The Transport and Logistics Bureau said the Executive Council had given the government…