Recent Posts

Cholera Endangers 80,000 Children in West and Central Africa

Growing Cholera Crisis in West and Central Africa An alarming situation is unfolding across West and Central Africa, where an estimated 80,000 children are at severe risk of cholera. The crisis is being worsened by heavy rains that have led to widespread flooding, displacement, and a breakdown in essential services. This has intensified ongoing outbreaks in the Democratic Republic of …

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Tax changes boost EVs with local components

Introduction to the Excise Tax Reform for Automobiles The Excise Department is in the process of re-evaluating the excise tax structure for automobiles, with a focus on incorporating the use of local content. This initiative aims to stimulate the domestic auto parts industry by creating financial incentives for vehicles that incorporate locally manufactured components. Key Points from the Deputy Finance …

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Hong Kong Stadium Loses HK$35 Million in Two Years

Financial Challenges and Future Plans for Hong Kong Stadium The Hong Kong Stadium has faced significant financial challenges over the past two fiscal years, with losses amounting to nearly HK$35 million. This information was shared by the government, which also expressed openness to suggestions on how to better utilize the major sports venue. Rosanna Law, the Secretary for Culture, Sports …

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