Coin Collection Programme

Source: Hong Kong Government special administrative region

Coin Collection Programme      
     Since the launch of the Programme in October 2014 up to June 30, 2026, the two Coin Carts had carried out 1 509 000 transactions, collecting 1 142 million coins with a total face value of HK$1,853 million during the period. The collected coins are re-circulated to meet demand.
      
     The Coin Carts provide service at locations that are convenient to the public without affecting the normal flow of traffic and pedestrians. Locations that have suitable power supply facilities, such as the Leisure and Cultural Services Department mobile library service locations, are preferred so as to reduce the need for using the Coin Carts’ own stand-by generators. This makes the Programme more environmentally friendly. In selecting the service locations, the HKMA has taken into consideration comments and suggestions given by District Councils and members of public, and has consulted the Transport Department and the Hong Kong Police Force as necessary.
      
     The two Coin Carts collect coins from members of public in the 18 districts of Hong Kong on a rotating basis. Under normal circumstances each Coin Cart will stay at a location for a week, subject to availability of the parking space and the maintenance schedule of the Cart. Service hours are from 10am to 7pm Each vehicle is equipped with two coin counting machines and operational staff will be present to provide assistance. An electrical wheelchair lift is available for use. Users can choose to exchange coins for banknotes or adding value to their stored value facilities, such as Octopus Cards or e-wallets (including AlipayHK, Octopus Wallet, Tap&Go and WeChat Pay). There is also a Community Chest donation box inside each vehicle. The coin collection service is free of charge.
      
     The HKMA will review the Programme from time to time, and will regularly update the service schedule to give advance notice to the public.
Issued at HKT 12:03

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SITI to attend APEC Digital and AI Ministerial Meeting and other Digital Weeks high-level events in Chengdu

Source: Hong Kong Government special administrative region

SITI to attend APEC Digital and AI Ministerial Meeting and other Digital Weeks high-level events in Chengdu      
     The theme of this year’s DMM is “Digital and AI Technologies for Empowerment of the Asia-Pacific Community”. Professor Sun will speak at thematic sessions, introducing Hong Kong’s initiatives and achievements in promoting innovation and technology (I&T) development, digital transformation and smart upgrades, as well as sharing the city’s progress in promoting digital inclusion and enhancing digital literacy and competency of the community.
      
     Professor Sun will also attend other Digital Weeks high-level events, including the High-Level Forum on AI, the High-Level Roundtable on Data for Growth, the High-level Dialogue: Leveraging Digital and AI Technologies to Empower the APEC Community, and the Workshop on New Concepts and Approaches of AI Literacy Enhancement Actions for the Public. He will deliver speeches and participate in discussions at these events.
      
     During his visit, Professor Sun will also meet and exchange views with senior officials responsible for information technology from other APEC member economies and local government officials, as well as visit a local university, a digital economy service platform and I&T enterprises.
      
     Professor Sun will return to Hong Kong in the afternoon of July 26. During his absence, the Under Secretary for Innovation, Technology and Industry, Ms Lillian Cheong, will be the Acting Secretary for Innovation, Technology and Industry.
Issued at HKT 9:30

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LD holds online exhibition on Employment Ordinance and Minimum Wage Ordinance

Source: Hong Kong Government special administrative region

     The Labour Department (LD) is holding an online exhibition from 9am today (July 22) to 6pm on July 24 on the LD’s website, disseminating information about the Employment Ordinance and the Minimum Wage Ordinance to enhance the public’s understanding of employment rights and benefits.

     Consolidating the content of physical exhibitions held by the LD, the online exhibition features the main provisions of the Employment Ordinance and the Minimum Wage Ordinance, employment rights and benefits for foreign domestic helpers, as well as good human resource management measures. The relevant hyperlink is www.labour.gov.hk/common/Online_exhibition_EO_MWO/index_en.html.

SFST explores collaboration in financial and gold markets with Malaysian government officials and business sectors

Source: Hong Kong Government special administrative region

     The Secretary for Financial Services and the Treasury, Mr Christopher Hui, arrived in Kuala Lumpur, Malaysia, yesterday (July 21) to continue his visit. He met with the Deputy Minister of Finance of Malaysia, the Deputy Governor of the Bank Negara Malaysia (Central Bank of Malaysia), as well as representatives from the Malaysian finance, banking and gold industries, and family offices to promote the advantages of Hong Kong’s financial and gold market sectors and relevant new initiatives.

     Upon his arrival in Kuala Lumpur yesterday afternoon, Mr Hui met with the Deputy Minister of Finance of Malaysia, Mr Liew Chin Tong. They exchanged views on room for further financial co-operation on various fronts ranging from capital formation, Islamic finance to Renminbi (RMB) business and the gold market. Mr Hui highlighted in particular the new measures Hong Kong recently launched to boost the offshore RMB business, such as further enhancing and expanding the Southbound Bond Connect, increasing the size of the Hong Kong Monetary Authority’s RMB Business Facility and promoting the development of a bilateral currency transaction framework between the Indonesian Rupiah and offshore RMB. Also attending were representatives of the Securities Commission Malaysia and Bursa Malaysia Berhad.

Results of 20-year HKD HKSAR Institutional Government Bonds tender through re-opening

Source: Hong Kong Government special administrative region

Results of 20-year HKD HKSAR Institutional Government Bonds tender through re-opening      
     A total of HK$1.0 billion 20-year Government Bonds were offered today. A total of HK$6.47995 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 6.48. The average price accepted is 97.27, implying an annualised yield of 4.246 per cent. 
     Tender results of 20-year HKD HKSAR Institutional Government Bonds:
     
* Calculated as the amount of bonds applied for over the amount of bonds issued.

Ends/Wednesday, July 22, 2026
Issued at HKT 17:30

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Tender Date : July 22, 2026
Issue Number : 20GB4503001 (Re-open)
Stock Code :
4290 (HKGB 3.99 4503)
Issue and Settlement Date : July 23, 2026
Tenor : 20 years
Maturity Date : March 6, 2045
Coupon Rate : 3.99 per cent
Amount Applied : HK$6.47995 billion
Amount Allotted : HK$1.0 billion
Bid-to-Cover Ratio* : 6.48
Average Price Accepted (Yield) : 97.27 (4.246 per cent)
Lowest Price Accepted (Yield) : 97.10 (4.261 per cent)
Pro-rata Ratio : About 54 per cent
Average Tender Price (Yield) : 95.31 (4.408 per cent)

Results of 7-year HKD HKSAR Institutional Government Bonds tender through re-opening

Source: Hong Kong Government special administrative region

Results of 7-year HKD HKSAR Institutional Government Bonds tender through re-opening 
* Calculated as the amount of bonds applied for over the amount of bonds issued.

Ends/Wednesday, July 22, 2026
Issued at HKT 17:30

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Tender Date : July 22, 2026
Issue Number : 07GB3302001 (Re-open)
Stock Code :
4201 (HKGB 2.91 3302)
 
Issue and Settlement Date : July 23, 2026
Tenor : 7 years
Maturity Date : February 7, 2033
Coupon Rate : 2.91 per cent
Amount Applied : HK$4.905 billion
Amount Allotted : HK$1.0 billion
Bid-to-Cover Ratio* : 4.91
Average Price Accepted (Yield) : 97.90 (3.296 per cent)
Lowest Price Accepted (Yield) : 97.70 (3.331 per cent)
Pro-rata Ratio : About 1 per cent
Average Tender Price (Yield) : 97.24 (3.413 per cent)

President Lai meets delegation of Polish members of European Parliament’s European Conservatives and Reformists Group  

Source: Republic of China Taiwan

President Lai meets delegation of Polish members of European Parliament’s European Conservatives and Reformists Group  
On the morning of July 21, President Lai Ching-te met with a delegation of Polish members of the European Parliament’s European Conservatives and Reformists Group. In remarks, President Lai thanked the European Parliament for passing resolutions and publishing reports in support of Taiwan, including those supporting enhanced Taiwan-EU cooperation in drone technology and Taiwan’s international participation, and for reiterating the importance of maintaining peace and stability across the Taiwan Strait. The president stated that Taiwan is willing to share its experience and deepen cooperation with Poland and other democratic partners in order to jointly address authoritarian expansion and emerging challenges. He expressed hope that Taiwan and Poland can continue deepening R&D cooperation in key fields such as AI, semiconductors, drones, and green energy and expand markets, while working together to build democratic supply chains that are more secure and resilient.
A translation of President Lai’s remarks follows:
This delegation is the third from the European Parliament to visit Taiwan this year and also the first in the past two parliamentary terms to consist of members of the same political group and the same country, which is particularly significant. It also demonstrates the deep friendship that exists between Taiwan and the European Parliament and represents another step forward in Taiwan-Poland relations. I want to express my sincerest welcome on behalf of the people of Taiwan, and thank the delegation members, the European Parliament, and all our European friends for always standing with Taiwan.
Since the beginning of this year, with the strong advocacy of today’s delegation members, the European Parliament has passed resolutions and published reports in support of Taiwan, including those supporting enhanced Taiwan-EU cooperation in drone technology, supporting Taiwan’s international participation, and calling for continuing to enhance cooperation between the European Union and its democratic partners, including Taiwan. It has also reiterated the importance of maintaining peace and stability across the Taiwan Strait. In the face of expanding authoritarianism, the European Parliament adopted a resolution this April condemning China’s Ethnic Unity and Progress Promotion Law for restricting cultural, religious, and linguistic freedoms, and urging China to repeal the law. Last month, the European Parliament adopted a resolution to counter China’s transnational repression. 
These concrete actions demonstrate Europe’s firm commitment to the universal values of democracy and respect for human rights and also continue to provide Taiwan with important support. Taiwan firmly believes that only by working together to enhance democratic resilience can like-minded partners safeguard a free and democratic way of life and maintain regional and global peace and stability.
Taiwan is willing to share its experience and deepen cooperation with Poland and other democratic partners in order to jointly address authoritarian expansion and emerging challenges. In particular, Taiwan and Poland both have vibrant innovation clusters and robust high-tech capabilities. The two economies are highly complementary in key fields such as AI, semiconductors, drones, and green energy. I look forward to our continuing to strengthen R&D cooperation and expand markets as we work together to build democratic supply chains that are more secure and resilient.
Last month, the Taiwan Expo in Europe was held in Poland for the first time. A Memorandum of Understanding on Taiwan-Poland Industrial Innovation and R&D Cooperation was signed by Taiwan’s Ministry of Economic Affairs and Poland’s National Centre for Research and Development. And the Taiwan Electrical and Electronic Manufacturers’ Association announced that it would establish a technology park in Poland to assist more Taiwanese companies in cooperating with Polish industries. With your support, I am confident that Taiwan and Poland will create more opportunities for cooperation across a wide range of fields and establish an even closer partnership. I wish you all a smooth and productive visit and trust you will return home with wonderful, lasting memories of Taiwan.
Former Polish Prime Minister Beata Szydło, a current member of the European Parliament’s Special Committee on the European Democracy Shield, then delivered remarks. She began by mentioning a special connection she has with President Lai: both come from mining families. A person from such a background, she said, is humble before the power of nature, respects hard work, is willing to bear responsibility under tough circumstances, and knows how to maintain solidarity. She elaborated, saying that it is precisely these values which show us that no matter how far apart we are geographically, we share the same principles, including diligence, iron will, and a strong emphasis on security and solidarity. These values have been, are, and will continue to be equally important to the people of Taiwan and Poland, because the Poles have been fighting for freedom and sovereignty for decades.
Former Prime Minister Szydło noted that economic development, digital transformation, and international conditions are closely interconnected in today’s world. She pointed out that the past few years have clearly demonstrated that for a country to enhance its resilience, it must build partnerships based on trust and mutual respect. For Poland and Europe, Taiwan is just such a partner, and she expressed hope that Taiwan would also regard Poland and the EU as important partners. She said that Taiwan is a highly developed democratic country governed by the rule of law, as well as a global leader in innovative technologies. Pointing to its remarkable success in emerging technologies, AI, and the semiconductor industry, she said that Taiwan is driving the global economy and shaping the future of the world.
Former Prime Minister Szydło mentioned that she was pleased to see the booming economic and trade ties between Taiwan and Poland, and expressed hope that cooperation plans can continue to be promoted, as they would boost Poland’s economic development and foster closer relations between the two sides.
Former Prime Minister Szydło expressed her belief that peace and stability across the Taiwan Strait have a strategic significance that transcends the region, affecting not only Taiwan and the Taiwan Strait, but also peace and stability in Europe. Therefore, she stressed, all disputes should be resolved peacefully, in accordance with international law, and without resort to force. She also pointed out that the EU should continue to strengthen cooperation with trusted democratic partners, and Taiwan is a key partner in this regard. She added that Taiwan-EU relations should continue to develop in a pragmatic, open, and long-term manner, and expressed hope that Taiwan and Poland can jointly safeguard peace and stability.
The delegation also included Mariusz Kamiński, member of the European Parliament’s Committee on Civil Liberties, Justice and Home Affairs (LIBE) and former Polish minister of the Interior and Administration; Małgorzata Gosiewska, chair of the European Parliament’s Delegation for Relations with Belarus (D-BY) and former deputy speaker of the Polish Sejm (lower house of Parliament); Kosma Złotowski, quaestor of the European Parliament; Waldemar Buda, member of the European Parliament’s Committee on Public Health (SANT) and former Polish minister of Economic Development and Technology; Monika Wang, accredited assistant for former Prime Minister Beata Szydło; Katarzyna Czesak, accredited assistant for former Prime Minister Beata Szydło; and Sławomir Moćkun, accredited assistant for MEP Mariusz Kamiński.

SJ bound for Beijing

Source: Hong Kong Information Services

Secretary for Justice Paul Lam will lead a delegation of Hong Kong Special Administrative Region Government officials departing for Beijing tomorrow to attend the ninth Joint Conference on Advancing Hong Kong’s Full Participation in and Contribution to the Belt & Road Initiative on Friday morning.

Heading the delegation, Mr Lam serves as the chair of the sub-group on Belt & Road development under the Steering Group on Integration into National Development.

The delegation includes Secretary for Commerce & Economic Development Algernon Yau and Under Secretary for Financial Services & the Treasury Joseph Chan.

Mr Lam will return to Hong Kong on Friday afternoon.

During Mr Lam’s absence, Deputy Secretary for Justice Cheung Kwok-kwan will be Acting Secretary for Justice.

Meanwhile, Under Secretary for Commerce & Economic Development Bernard Chan will serve as Acting Secretary for Commerce & Economic Development in Mr Yau’s absence.

Linyuan Industrial Park Introduces Six Smart Technologies, Saving NT$20 Million in Annual Maintenance Costs and 210,000 Labor Hours

Source: Republic of China Taiwan

The Kaohsiung-Pingtung Branch of the Bureau of Industrial Parks (BIP), the Ministry of Economic Affairs (MOEA), hosted the “Smart Parks, Sustainable Prosperity – 2026 Kaohsiung-Pingtung Branch Smart Park Governance Achievement Presentation.” On July 25. During the event, six mature smart technologies implemented at Linyuan Industrial Park were showcased, demonstrating the results of the park’s smart governance initiatives. Beginning in 2027, the technologies are expected to reduce annual equipment maintenance costs by approximately NT$20 million, save around 210,000 labor hours annually in response to workforce shortages, and minimize disaster-related losses by an estimated NT$7 million through faster emergency response, highlighting the tangible benefits of smart technologies in occupational safety, operational efficiency, and cost management.

Yu Shu-Hui, Chief Secretary of the BIP, noted that Linyuan Industrial Park is one of Taiwan’s most important petrochemical industry clusters, encompassing a complete industrial supply chain from refining and petrochemical feedstocks to downstream processing. As a key production base supporting domestic industrial materials and essential consumer goods, the park plays a vital role in Taiwan’s economy. The Kaohsiung-Pingtung Branch added that the petrochemical industry is characterized by continuous production processes, intensive energy consumption, and stringent safety management requirements. Amid challenges related to workforce management, equipment maintenance, and regulatory compliance, leveraging smart technologies to strengthen park governance has become a critical driver of industrial transformation.

Linyuan Industrial Park was selected as the demonstration site for this initiative, with six major smart technology applications successfully deployed across 22 petrochemical manufacturers in the park. These include Gas Detection and Analysis Management, AI-Based Human, Vehicle, and Environmental Image Recognition, Personnel Abnormality Detection and Positioning, Equipment and Pipeline Monitoring Systems, Smart Inspection Systems, and a Factory Operations Management Platform. Together, these technologies establish a more responsive and precise governance model covering safety monitoring, workforce deployment, equipment maintenance, and operational management.

According to the Kaohsiung-Pingtung Branch, companies in the park are facing a range of challenges, including an aging workforce, increasingly complex personnel management, labor shortages, rising operating costs, and the loss of institutional knowledge. On the operational side, aging facilities, demands for digital transformation, and high maintenance costs also pose significant hurdles. Meanwhile, the pursuit of net-zero emissions, increasingly stringent environmental regulations, and compliance requirements continue to drive industrial upgrading. Rather than improving isolated pieces of equipment, implementing smart technologies enables enterprises to integrate risk management, inspection operations, and operational data into a comprehensive governance system capable of real-time monitoring, early warning, and informed decision-making.

The achievement presentation not only highlighted the phased progress of smart governance at Linyuan Industrial Park, but also laid a solid foundation for transforming Taiwan’s traditional petrochemical industry toward higher value-added production, smart manufacturing, and low-carbon development. The Kaohsiung-Pingtung Branch stated that it will continue to strengthen collaboration among government, industry, academia, and research institutions while integrating public-sector support with private-sector innovation. Through these efforts, the Branch aims to enhance operational resilience and occupational safety management across industrial park enterprises, making smart technologies, safety, and sustainability the key pillars supporting the next stage of industrial park transformation and upgrading.

Spokesman: Mr. Liu (Deputy Director General, BIP)
Contact Number: 886-7-3613349

Contact Person: Director Huang (Linyuan Industrial ParK Service Center, BIP)
Contact Number: 886-7-6412944

MOEA Hosts Seminar on the Latest Developments in U.S. Tariff Policy

Source: Republic of China Taiwan

On June 26, 2026, the International Trade Administration (TITA) under the Ministry of Economic Affairs (MOEA) held an online seminar titled the “Latest Developments in U.S. Tariff Policy” to assist Taiwanese enterprises in responding to the dynamic developments of such policies. Lawyers from the White & Case international law firm were invited to brief nearly 1,000 participating corporate representatives on recent U.S. tariff updates.

The U.S. lawyers elaborated on crucial topics, including the expiration of Section 122 import surcharges, Section 301 investigations, proposed measures concerning forced labor and overcapacity, and updates on Section 232 national security tariffs. The seminar also provided strategic advice to help domestic enterprises safeguard their interests and better understand the implications of these policies.

Alongside government officials and think tank scholars, the participants represented various key industrial supply chain sectors, including semiconductors, ICT, machinery, metals, consumer manufacturing, medical devices, and imports and exports. This reflected the keen concern over the effects of U.S. tariff policies on supply chain operations and global deployments of Taiwanese enterprises.

Looking ahead, TITA will continue to closely monitor U.S. tariff policies and accordingly invite experts to conduct online seminars, thereby ensuring that Taiwanese enterprises stay ahead of international trade trends, and thus bolster their competitiveness in the global market.