Hong Kong’s initiatives to develop an intellectual property (IP) economy remain loosely defined and will require sustained investment and clearer coordination to take shape, industry players and analysts have said, following the latest budget outlining plans to turn the city into a regional IP trading hub. Financial Secretary Paul Chan Mo-po said in his budget…
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…
Financial Secretary Paul Chan Mo-po has announced an array of industry spending and relief measures in Hong Kong’s budget, in response to the city’s quicker-than-expected return to a surplus of HK$2.9 billion (US$370.8 million) in its consolidated account. In a two-hour address to the Legislative Council on Wednesday, Chan pledged substantial government support and investment…
Hong Kong’s finance chief will unveil new measures in his budget to strengthen the city’s growing intellectual property (IP) economy, focusing on nurturing top-tier talent and helping local tech firms evaluate their patents, the South China Morning Post has learned. The initiatives, expected to be announced on Wednesday, come as Financial Secretary Paul Chan Mo-po…
Hong Kong police have arrested eight people for allegedly attempting to defraud HK$8.24 million (US$1.06 million) from a subsidy scheme meant to help companies boost employees’ technology skills, with a family suspected of running the swindle. Chen Chi-cheong, assistant district commander (crime) of Sham Shui Po police district, said on Friday that officers had busted…
A senior management member of Hong Kong’s largest vocational training provider with extensive experience in the logistics sector, has been named the new chief executive of the consumer watchdog. Alaina Shum Jiu-fai, appointed by the Consumer Council, will start her new role in August, succeeding Gilly Wong Fung-han, who led the watchdog for 13 years….