Category: MIL-OSI

Source: Hong Kong Government special administrative region – 4

The following is issued on behalf of the Hong Kong Monetary Authority:

The Dubai Financial Services Authority (DFSA) and the Hong Kong Monetary Authority (HKMA) today (November 26) hosted the second Joint Climate Finance Conference. The hybrid conference, which took place in Dubai, the United Arab Emirates, brought together nearly 250 participants across both regions.
 
As the flagship initiative of the DFSA-HKMA partnership to support and enable climate finance in the Middle East and Asia, this year’s conference focused on financial risks arising from climate change and innovation. It featured a series of dynamic discussions on how the two regions can leverage their strengths in finance and technology to collaborate on the development and deployment of innovative products and solutions, to facilitate energy transition and other sustainable development goals of the region and beyond.
 
The conference also provided a deep dive into the findings of the DFSA-HKMA joint research “Scaling Sustainable Debt in Emerging Markets”, developed with knowledge partner BloombergNEF, on the role of sustainable debt in scaling up climate finance in emerging markets.
 
Supported by strategic partners including Dubai International Financial Centre Authority, Nasdaq Dubai, and Hong Kong Exchanges and Clearing Limited, the conference featured distinguished speakers in business, commerce, and financial services from across the Asia Pacific and Middle East and North Africa regions. Their participation underscores the event’s role as a premier platform for cross-industry dialogue, knowledge sharing, and collaboration on initiatives that drive long-term value and responsible investment in the region.
 
The Chief Executive of the DFSA, Mr Mark Steward, said, “By combining our strengths as international financial centres, we are creating new pathways for sustainable investment and innovation. Tokenisation and other emerging technologies, which have been discussed in detail today, have the potential to make climate finance more transparent, efficient, and globally accessible – accelerating the transition across the Asia-Middle East corridor.”
 
Deputy Chief Executive of the HKMA Mr Darryl Chan said, “Dubai and Hong Kong are in a unique position to facilitate climate action across Asia and the Middle East, enabling economies in the region to capture the growth opportunities created by technology advancement in green sectors. With the window for decisive action narrowing, we must move fast to bridge the gaps between markets, between capital and projects, and between ambition and execution. The HKMA and the DFSA will continue to provide a platform for the much-needed dialogue and collaboration.”
 
Details of the DFSA–HKMA Joint Climate Finance Conference can be found here.

Source: Hong Kong Government special administrative region – 4

The Chief Executive, Mr John Lee, today (November 26) was deeply saddened that the fire at Wang Fuk Court in Tai Po caused multiple deaths and injuries, including the passing of fire services personnel on duty. He extended his deepest condolences to the families of the deceased and the injured.

Mr Lee is extremely concerned about the incident and has immediately activated the Emergency Monitoring and Support Centre. He was briefed by the Security Bureau and the Fire Services Department and steered the relevant departments to make every effort to carry out firefighting, rescue and cure work. All government departments are fully assisting residents affected by the fire, prioritising the safety and well-being of the public. The Home Affairs Department, District Offices and Social Welfare Department have set up interdepartmental help desks, arranged for the residents in need to move to temporary shelters, and provided assistance and mental support to the families of the deceased and the injured. The Hospital Authority has also activated emergency mechanism to make every effort to save and care for the injured.

Source: Hong Kong Government special administrative region – 4

The Secretary for the Civil Service, Mrs Ingrid Yeung, today (November 26) expressed deep sorrow over the passing of fireman, Mr Ho Wai-ho, who died while tackling the fire in Wang Fuk Court, Tai Po.
 
“I pay solemn tribute to Mr Ho for his gallantry and selfless devotion to duty, and express the deepest condolences to his family on behalf of the Civil Service. The Civil Service Bureau has contacted the Fire Services Department and will make every effort to help the family of Mr Ho during this sad and difficult period,” said Mrs Yeung.
 
She also sent her regards to the families of others who died in the fire and wished the injured a speedy recovery.

Source: Hong Kong Government special administrative region – 4

The following is issued on behalf of the Transport Advisory Committee:

The Transport Advisory Committee (TAC) was briefed today (November 26) by the Government on the latest progress of the Traffic and Transport Strategy Study (TTSS) and the general directions of the Transport Strategy Blueprint (the Blueprint).

The Blueprint is scheduled for announcement this year, and will set out the vision statement of “Implementing a People-centric Approach, Strengthening Connectivity with both the Mainland and the World, Promoting Efficient Travel, and Embracing a Green Lifestyle”. It has formulated three main themes for the future traffic and transport development, namely “Enjoyable Journeys”, “Well-connected City” and “Healthy Mobility”.

The theme “Enjoyable Journeys” upholds a public transport-oriented policy and optimises passengers’ travel experiences. The theme “Well-connected City” focuses on embracing advanced technology to improve transport efficiency, promoting digitalised traffic management. The theme “Healthy Mobility” actively promotes green travel from a planning perspective. Centred around these three main themes, the Government has formulated six key strategies covering multiple recommendations.

The TAC Chairman, Professor Wong Sze-chun, said, “Members noted with appreciation the progress of the TTSS and expressed views at the meeting on the main themes and key strategies of the Blueprint. We welcome the Government’s various new measures, including building a new generation of Transport Interchange Hubs, enhancing the flexibility of public transport, promoting the development of autonomous vehicles, implementing smart motorway management, conducting a new round of a parking demand study, advocating a “15-minute neighbourhood” planning concept, etc. We support the Government in continuing to leverage the strengths of Hong Kong’s efficient public transport, enhancing local and cross-boundary transport networks, advancing smart technology for upgrading and transformation, and promoting low-carbon and inclusive mobility.”

Members anticipate that through implementing the Blueprint, Hong Kong’s traffic and transport development will continue to advance, creating a city that is more liveable, business friendly and attractive to visitors, thereby enhancing the flow of people and goods within the Guangdong-Hong Kong-Macao Greater Bay Area, and promoting the economic and sustainable development of Hong Kong.

Source: Hong Kong Government special administrative region – 4

A total of 113 persons in custody (PICs) at Shek Pik Prison (SPP) of the Correctional Services Department (CSD) were presented with certificates at a ceremony today (November 26) in recognition of their study efforts and academic achievements.

In the past year, a total of 258 PICs at SPP passed 563 papers with 294 distinctions and credits in various distance learning courses and public examinations organised by the Hong Kong Metropolitan University (HKMU), the Hong Kong Examinations and Assessment Authority and Caritas Institute of Community Education. The subjects covered Chinese language, English language, mathematics, economics, business finance, business statistics, business administration, Putonghua and accounting. The 113 PICs who were awarded certificates today had passed 315 papers with 205 distinctions and credits. Among them, three PICs were awarded bachelor’s degrees in Business Administration, four were awarded bachelor’s degrees in General Studies and four were awarded associated degrees in General Studies by the HKMU.

Officiating at the ceremony, the Chairman of the Board of Directors of Sik Sik Yuen (SSY), Mr Lai Chak-sum, said that SSY is fully supportive of the rehabilitation work of the CSD, and set up a subsidy scheme, namely the Sik Sik Yuen – Care and Rehabilitation Education Fund in March 2023, which runs for four years, to provide financial assistance to needy PICs for education and vocational training, with a view to facilitating their reintegration into society in the future. Moreover, SSY and the CSD have been actively promoting community education. SSY also collaborated with the CSD to produce an animation series this year to promote national security and moral education among young people, thereby enabling a more harmonious and stable society.

During the ceremony, ocarina instructor Sunny Yuen partnered with PICs to stage a music performance. A band composed of PICs also performed music onstage to convey gratitude to their family members as well as community members and organisations that have helped them to rehabilitate.

In the sharing session, a PIC shared his rehabilitation experience and expressed gratitude for his family’s unwavering support. He also thanked correctional officers for their support and encouragement, providing him with resources and assistance throughout his learning journey, enabling him to complete the bachelor’s degree programme.

Situated on Lantau Island, SPP is a maximum security institution with a capacity of 426 penal places for male adult PICs.

Source: Hong Kong Information Services

Due to the No. 5 alarm fire at Wang Fuk Court in Tai Po, the Government has opened a number of temporary shelters for people in need.

The temporary shelters, all in Tai Po, are as follows:

• Tai Po Community Centre on Heung Sze Wui Street
• Fu Shin Community Hall on On Po Road
• Good House at Shuen Wan Chan Uk
• Kwong Fuk Community Hall at Kwong Fuk Estate; and
• Tung Cheong Street Community Hall on Tung Cheong Street.

CCC Fung Leung Kit Memorial Secondary School, on Plover Cove Road in Tai Po, is also open to accommodate residents evacuated.

In addition, interdepartmental help desks have been set up at Alice Ho Miu Ling Nethersole Hospital (hotline: 2658 4040) and Prince of Wales Hospital (hotline: 3505 1555) for assistance and public enquiries.

For enquiries about casualties, call the Police’s hotline at 1878 999.

A fire broke out at Wang Fuk Court in Tai Po at 2.51pm this afternoon. It was upgraded to a No. 5 alarm at 6.22pm and caused deaths and injuries.

Source: Hong Kong Information Services

The Housing Bureau today released the latest Composite Waiting Time for Subsidised Rental Housing (CWT).

As at end-September this year, the CWT for general applicants that were housed in public rental housing (PRH) or Light Public Housing (LPH) in the past 12 months has been maintained at 5.1 years, again the lowest record since the first quarter of 2018.

Compared with the highest level of 6.1 years before the current-term Government took office, the CWT has been shortened by a full year.

General applicants include family and elderly one-person applicants.

The bureau said that in the third quarter of 2025, it successfully arranged for a total of about 7,900 general applicants to be housed to PRH or LPH, including about 1,600 newly completed PRH units, 4,000 recovered PRH flats and 2,300 LPH units.

Among the general applicants settled in PRH, over 85% were housed to urban or extended urban districts. However, the waiting time for these districts is about two years longer than that for the New Territories, and this has been taken into account in the latest CWT.

Hence, the bureau explained, despite the huge housing supply of around 8,000 units this quarter, the CWT stayed at 5.1 years as in the last quarter.

On the other hand, since the first LPH project began allocations in the first quarter of 2025, the waiting time of general applicants who were housed to LPH is only 3.1 years on average. This fully highlights the key role LPH plays in shortening the waiting time for PRH.

The bureau said it anticipated that about 9,500 LPH units will be gradually completed for intake in 2025, moving towards the target of completing the construction of about 30,000 LPH units by 2027-28.

Additionally, as at end-September 2025, there were about 111,600 general applications for PRH, while the non-elderly one-person category under the Quota & Points System recorded about 85,700 applications.

Compared with the highest level of 156,400 cases and 143,700 cases of general applications and non-elderly one-person applications, there is a reduction by around 30% and 40% respectively, clearly demonstrating that the PRH waiting queue is being reduced.

The target of reducing the CWT to 4.5 years by 2026-27 remains unchanged, the bureau added.

Source: Republic of China Taiwan

To help companies in Technology Industrial Parks respond to geopolitical tensions and U.S. tariff impacts, and to reduce risks associated with supply chain fluctuations, the Bureau of Industrial Parks (BIP) of the Ministry of Economic Affairs (MOEA) launched the “Industrial Park Supply Chain Collaboration and Resilience Transformation Counseling Program” in 2024. To date, the program has generated derivative benefits amounting to NT$244 million. A results presentation was held on October 16 at the Taichung GIS Convention Center, where six mentored companies showcased achievements in smart logistics, risk management, and data integration, demonstrating Taiwan’s determination to strengthen supply chain resilience amid adversity.
BIP stated that the program assists park-based enterprises in introducing digitalization and risk control measures. Concrete actions include process optimization, talent development, and system integration. The program has visited more than one hundred companies so far, identified pain points for individual enterprises, and proposed improvement solutions. Through customized project counseling, the program aims to enhance the resilience of supply chains within industrial parks.
During the presentation, Yung Shin Pharm. Industrial Co., Ltd. showcased the results of implementing a smart logistics system under the program. The company utilized automated weighing, real-time data feedback, and shipment monitoring to effectively resolve the challenge of “excess inventory yet material shortages.” These measures improved inventory transparency and delivery accuracy. In addition, TransArt Graphics Co. Ltd. collaborated with 10 suppliers in the Merida bicycle network. Through talent training and lean management, the company addressed technical gaps, strengthened upstream and downstream coordination, and significantly improved delivery control and process stability.
Other mentored companies also demonstrated diverse breakthroughs. Honmyue Enterprise Co., Ltd. made progress in outsourced risk management and data integration. GSK Intek Co., Ltd. optimized scheduling and equipment maintenance. Yue Dar Industry Co., Ltd. enhanced smart monitoring and data connectivity. Mega Sunergy Co., Ltd. improved changeover standardization and efficiency to counter pressures from the “Red Supply Chain.”
BIP noted that the results presentation not only enabled the six companies to exchange experiences but also encouraged more businesses to participate. The program will enter its third year in 2026, and BIP will invite enterprises affected by international economic and trade developments to join. The bureau will continue promoting supply chain collaboration and upgrading to ensure that Taiwan’s industrial ecosystem can maintain steady development and move toward sustainable operations amid rapid environmental changes.

Spokesman: Mr. Liu Chi-Chuan (Deputy Director General, BIP)
Contact Number: 886-7-3613349, 0911363680
Email: lcc12@bip.gov.tw

Contact Person: Wu, Shu-Fang (Acting Director of Investment Services Div., BIP)
Contact Number: 886-7-361-1212 ext. 302
Email: wusf@bip.gov.tw

Source: Hong Kong Information Services

Secretary for Security Tang Ping-keung and Shenzhen Vice Mayor Luo Huanghao co-chaired a meeting of the task force on the collaboration for the planning and development of Hong Kong-Shenzhen control points in Hong Kong today to continue taking forward relevant work in the planning and development of boundary control points (BCPs).

Mr Tang welcomed the arrival in Hong Kong of the Shenzhen Municipal People’s Government leaders, as well as representatives of the Office of Port of Entry & Exit of the Shenzhen Municipal People’s Government and other relevant units to participate in the task force meeting.

Noting that the flow of people between Hong Kong and Shenzhen continues to increase, Mr Tang said that the governments of the two sides attach great importance to the planning, development and management of BCPs, maintaining close collaboration and continuously optimising boundary-crossing services.

Both parties strive to enhance the capacity and operational efficiency of BCPs, injecting new momentum to enhance the convenience of people’s livelihood and the integrated development of industries.

During the meeting, the two delegations discussed the planning and development of land BCPs, including reporting on the progress and exchanging views on the redevelopment projects of the Huanggang and Sha Tau Kok BCPs.

Concluding the meeting, Mr Tang said that the task force serves as a co-operative platform for developing convenient and efficient BCPs.

He expressed hope that both sides would continue to collaborate on innovation to promote smart clearance and the upgrade of infrastructure, with a view to facilitating the smooth flow of people and goods and jointly promoting the development of the Guangdong-Hong Kong-Macao Greater Bay Area.

Other Hong Kong Special Administrative Region Government officials attending the meeting included representatives from the Customs & Excise Department, the Immigration Department, the Architectural Services Department and the Department of Health.

Source: Hong Kong Information Services

The Central Kowloon Bypass (Yau Me Tei Section) will be commissioned on December 21.

The project is a dual three-lane carriageway with a total length of 4.7 km, including a 3.9 km tunnel. It connects the Yau Ma Tei Interchange in West Kowloon to the Kai Tak Development Area and Kowloon Bay in East Kowloon.

Upon commissioning, it will allow traffic to bypass the busy central Kowloon area, thereby reduce journey times significantly. During peak hours, the travel time from Yau Ma Tei to Kowloon Bay will be shortened from about 30 minutes to just five minutes.

The bypass will also alleviate the traffic burden on existing major east-west corridors, including Lung Cheung Road, Argyle Street, Prince Edward Road West, Chatham Road North and Boundary Street.

Neighbouring areas such as Wong Tai Sin, Ho Man Tin and Kowloon City will also benefit.

The Highways Department and its contractors are now conducting final tests on systems and various drills. Detailed commissioning arrangements will be announced in due course.