https://padlet.com/982481803/z3exw3ruwjjp1hs9 en-us 2022-09-21 03:31:54 UTC 2022-11-08 05:25:50 UTC hello@padlet.com 982481803 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306084202 2022-09-21 03:32:06 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306084202 982481803 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306095304 2022-09-21 03:43:23 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306095304 982481803 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306095622 2022-09-21 03:43:40 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306095622 982481803 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306096488 2022-09-21 03:44:28 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306096488 982481803 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306096547 2022-09-21 03:44:32 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306096547 982481803 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306096588 2022-09-21 03:44:35 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306096588 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306192310 To keep on promoting continuing education and encouraging members of the public to pursue self‑enhancement, the Government will raise the subsidy ceiling of the Continuing Education Fund (CEF) from $20,000 to $25,000 per applicant and remove the upper age limit.  This new initiative will benefit 760 000 more eligible persons as well as those who have opened a CEF account.]]> 2022-09-21 05:22:11 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306192310 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306194864 Apart from the earmarked sum of $20 billion as announced in the 2018 Policy Address, it will set aside another $10 billion for the completion of the works to upgrade and increase the healthcare teaching facilities of the University of Hong Kong, Chinese University of Hong Kong and Hong Kong Polytechnic University.  Upon completion of the proposed facilities, the three universities will have the capacity of coping with about 900 additional healthcare training places.]]> 2022-09-21 05:24:45 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306194864 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306196641 Government will inject an additional sum of $1.5 billion to extend the scheme for four years to the 2027‑28 financial year.  The scheme will support the installation of EV charging‑enabling infrastructure for a total of about 140 000 parking spaces in some 700 existing private residential buildings, accounting for about half of the eligible parking spaces in Hong Kong.]]> 2022-09-21 05:26:34 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306196641 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306201349 Government is pressing ahead with the Kai Tak Sports Park project, which is scheduled for completion by the end of next year.  They are also actively implementing the $20 billion Five‑year Plan for Sports and Recreational Facilities, and taking forward the construction and upgrading of community sports and recreational facilities.  Meanwhile, they are progressively carrying out the five‑year plan to transform the public play spaces managed by the LCSD.]]> 2022-09-21 05:31:05 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306201349 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306203747 In order to support citizens affected by the epidemic, the Hong Kong government has decided to reduce or exempt salaries tax and personal tax by 100% for the year of assessment 2021/22, with a ceiling of RMB 10,000.This measure will benefit 2.01 million taxpayers and reduce government revenue by $13.1 billion.]]> 2022-09-21 05:33:32 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306203747 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306204121 It will inject an additional funding of $200 million into the Green Tech Fund (GTF), with a view to further promoting decarbonisation and enhancing environmental protection in Hong Kong.  The first round of GTF applications received an overwhelming response, and the second round of applications has commenced.  The funding injected will primarily be used to subsidise projects in priority areas such as net‑zero electricity generation, energy saving and green buildings, green transport and waste reduction, which will in turn help support innovation and create job opportunities for the I&T industry.]]> 2022-09-21 05:33:56 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306204121 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306214628 The government will providing rates concession for domestic properties for four quarters of 2022‑23, subject to a ceiling of $1,500 per quarter in the first two quarters and a ceiling of $1,000 per quarter in the remaining two quarters for each rateable property.  This measure is estimated to involve 2.99 million domestic properties and reduce government revenue by $11.7 billion.]]> 2022-09-21 05:43:46 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306214628 982481803 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306224515 Granting each eligible residential electricity account a subsidy of $1,000.  This measure will involve an expenditure of about $2.8 billion and benefit around 2.8 million residential households]]> 2022-09-21 05:53:42 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306224515 982481803 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306229008 Providing an allowance to eligible social security recipients, equal to one half of a month of the standard rate Comprehensive Social Security Assistance payments, Old Age Allowance, Old Age Living Allowance or Disability Allowance.  This measure will involve additional expenditure of about $2,384 million.  Similar arrangements will apply to recipients of the Working Family Allowance, involving additional expenditure of about $117 million.]]> 2022-09-21 05:58:07 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306229008 i19017899 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306237893 13 residential sites under the 2022/23 Land Sale Programme, railway property development, private development and redevelopment projects as well as the URA’s projects to provide about 18,000 units; 4 commercial sites to provide about 300,000 square metre of commercial floor area ]]> 2022-09-21 06:06:12 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306237893 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306245616 Hong Kong government well provide an additional funding of about $22 billion to the Food and Health Bureau (FHB) for stepping up testing efforts, procuring rapid testing agents and related ancillary services, and providing additional support to the Hospital Authority (HA)]]> 2022-09-21 06:13:06 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306245616 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306247476 Government well allocate an additional $6 billion to the Department of Health for the purchase of additional vaccines and booster injections for the public and an additional $7 billion to various departments for the purchase of epidemic prevention and control materials and services and the implementation of epidemic prevention and control measures, etc.]]> 2022-09-21 06:14:57 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306247476 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306252921 The Hong Kong government well take an additional $500 million over two years will be allocated to the Food and Environmental Hygiene Department to enhance environmental hygiene services, in particular to increase street cleansing and refuse collection services in response to the epidemic, strengthen rodent control and improve the hygiene of public markets. The Department will also step up inspections and enforcement to raise community awareness of hygiene.]]> 2022-09-21 06:19:52 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306252921 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306261675 Hong Kong Government have also set aside another $20 billion for various other epidemic prevention and combating needs. If there is a need to increase the relevant resources, we will do our utmost to support the fight against the epidemic.]]> 2022-09-21 06:27:17 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306261675 i19017899 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306262044 Approximately 103 hectares of land to be made available in the coming five years for the production of over 57,000 units. 

Public housing - identified 350 hectares of land for the provision of about 330,000 public housing units to meet the demand in the coming 10 years 

Private housing - completion of private residential units to average over 19,000 units annually in the five years from 2022 onward. The projected first-hand private residential unit supply for the next three to four years is 98,000 units ]]> 2022-09-21 06:27:36 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306262044 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306264436 Government well provide $12 billion into the Epidemic Prevention and Control Fund for the construction of various epidemic prevention and control-related facilities.]]> 2022-09-21 06:29:38 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306264436 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306284544 For easing the operating pressure of businesses, the Hong Kong government propose reducing profits tax for the year of assessment 2021/22 by 100 per cent, subject to a ceiling of $10,000.  The reduction will be reflected in the final tax payable for the year of assessment 2021/22.  This measure will benefit 151 000 businesses and reduce government revenue by $1.2 billion.]]> 2022-09-21 06:44:12 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306284544 i19017899 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306301762  Inject HKD 1.2 billion into the Construction Innovation and Technology Fund to introduce more concessionary measures. Adoption of MiC could expedite the housing supply.

]]> 2022-09-21 06:56:17 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306301762 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306317561 Hong Kong government continuing to grant the 75% or fee concession currently applicable to eligible tenants of government premises and eligible short‑term tenancies and waivers under the Lands Department for six months until 30 September 2022.  During the period, tenants who have to close their properties at the request of the Government will continue to receive full rental waiver for the duration of the closure.  This will reduce government revenue by $1.4 billion.]]> 2022-09-21 07:08:25 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306317561 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306323027 To help small and medium‑sized exporters secure export financing from banks more easily, the Hong Kong Export Credit Insurance Corporation (ECIC) plans to launch the Export Credit Guarantee Programme on a pilot basis in March this year, under which the ECIC will guarantee up to 70% of the export financing of their policyholders, subject to a maximum limit of $50 million.  In addition, to encourage exporters to take larger orders from overseas buyers, the ECIC will introduce the "Flexible Indemnity Ratio" arrangement in the second half of this year to enhance insurance coverage for exporters. ]]> 2022-09-21 07:12:47 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306323027 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306350827 Hong Kong government waives the business registration fees for 2022‑23.  This measure will benefit 1.5 million business operators and reduce government revenue by $3 billion. ]]> 2022-09-21 07:33:33 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306350827 https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306354149 Hong Kong government also continuing to waive 75% of water and sewage charges payable by non‑domestic households for eight months until 30 November 2022, subject to a monthly ceiling of $20,000 and $12,500 respectively per household.  This measure will benefit 250 000 non‑domestic households and reduce government revenue by $680 million.]]> 2022-09-21 07:35:58 UTC https://padlet.com/982481803/z3exw3ruwjjp1hs9/wish/2306354149