Source: Hong Kong Government special administrative region
HA to consider Budget for 2026/27
Under the latest budgets and financial forecasts, it is envisaged that the HA will have the necessary financial resources to meet its recurrent and capital expenditures up to 2029/30.
The FC Chairman, Dr Billy Mak, said after the meeting, “The HA’s construction expenditure will continue to rise beyond 2026/27 due to the increase in the number of new public housing projects. To ensure its long-term financial sustainability, the HA has made every effort to reduce construction costs in response to rising expenditure as much as possible. A Project Facilitation Office has been established to co-ordinate various departments to facilitate the completion of public housing projects and to enhance cost-effectiveness in public housing construction. In addition, the HA will trim its annual recurrent expenditure by 2 per cent for both 2026/27 and 2027/28.”
Dr Mak added, “The HA will continue to explore various revenue-enhanced/cost-saving measures, for example, advancing the public housing supply in the direction towards a 60:40 ratio between public rental housing/the Green Form Subsidised Home Ownership Scheme and other subsidised sale flats to increase its income from sale of Home Ownership Scheme flats to cope with the rising construction expenditure.”
Dr Mak said, “These financial forecasts will inevitably be changed over the next few years due to various factors. They will be updated in the next round of the budgeting exercise. The HA will no doubt stay vigilant and monitor closely, and review its income and expenditure situations.”
The HA will hold an open meeting on January 19 to examine the budgets and financial forecasts. The budgets will be submitted to the Chief Executive for approval thereafter.
Issued at HKT 17:35
NNNN
Temporary traffic arrangements at Lung Cheung Road this Saturday night to facilitate footbridge demolition works
Source: Hong Kong Government special administrative region
Temporary traffic arrangements at Lung Cheung Road this Saturday night to facilitate footbridge demolition works
| Temporary road closure period During the full closure of the section of Lung Cheung Road (eastbound) between Tai Hom Road and Hammer Hill Road from 1am to 5.30am on January 11, the corresponding westbound carriageway of Lung Cheung Road will be temporarily converted into two-way traffic.
Appropriate traffic signs will be erected on-site to guide motorists. Motorist should exercise patience and drive with care and follow the instructions of the Police on site.Issued at HKT 11:00 NNNN New District Officer for Yau Tsim Mong assumes office (with photo)Source: Hong Kong Government special administrative region New District Officer for Yau Tsim Mong assumes office (with photo) NNNN Online auction of vehicle registration marks to be held from January 22 to 26Source: Hong Kong Government special administrative region Online auction of vehicle registration marks to be held from January 22 to 26 (6) Successful bidders will receive a notification email around seven working days after payment has been confirmed and can download the Memorandum of Sale from the E-Auction. The purchaser must apply for the VRM to be assigned to a motor vehicle registered in the name of the purchaser within 12 months from the date of issue of the Memorandum of Sale. If the purchaser fails to do so within the 12-month period, in accordance with the statutory provision, the allocation of the VRM will be cancelled and a new allocation will be arranged by the TD without prior notice to the purchaser. NNNN Preliminary Report and Public Notice on BGD Base 3 paraglider accident releasedSource: Hong Kong Government special administrative region Preliminary Report and Public Notice on BGD Base 3 paraglider accident released NNNN Death on arrival case in Tsim Sha Tsui reclassified as manslaughterSource: Hong Kong Government special administrative region Death on arrival case in Tsim Sha Tsui reclassified as manslaughter NNNN Hong Kong Red Cross Blood Transfusion Service “Pop-up” Tseung Kwan O Donor Centre commences service tomorrow (with photo)Source: Hong Kong Government special administrative region Hong Kong Red Cross Blood Transfusion Service “Pop-up” Tseung Kwan O Donor Centre commences service tomorrow (with photo)Issued at HKT 16:15 NNNN Monthly gravidtrap index for Aedes albopictus mosquitoes in December 2025 remains at low levelSource: Hong Kong Government special administrative region The Food and Environmental Hygiene Department (FEHD) today (January 7) announced that the monthly gravidtrap index for Aedes albopictus mosquitoes in December 2025 was 0.2 per cent, lower than the 0.9 per cent recorded in November, which remained at the lowest Level 1, indicating that the distribution of Aedes albopictus mosquitoes in the areas surveyed was not extensive. In December last year, all 64 survey areas recorded an area gravidtrap index (AGI) lower than the alert level of 20 per cent, and most of the areas recorded zero per cent. Moreover, the monthly density index for Aedes albopictus in December last year was one, which represented that an average of one Aedes albopictus adult was found in the Aedes-positive gravidtraps, indicating that the number of adult Aedes albopictus was not abundant in the survey areas. The gravidtrap and density indices for Aedes albopictus in different survey areas as well as information on mosquito prevention and control measures are available on the department website at www.fehd.gov.hk Three incoming passengers convicted and jailed for importing / dealing with duty-not-paid cigarettes and importing alternative smoking products (with photos)Source: Hong Kong Government special administrative region Three incoming passengers convicted and jailed for importing / dealing with duty-not-paid cigarettes and importing alternative smoking products The 42 year-old and 38 year-old passengers were each sentenced to four months’ imprisonment by the court today in contravention of the DCO while the 31 year-old passenger was sentenced to 3 months’ imprisonment in contravention of the DCO and the IEO. NNNN Hong Kong Customs seizes suspected cannabis buds worth about $570,000 (with photo)Source: Hong Kong Government special administrative region Hong Kong Customs seizes suspected cannabis buds worth about $570,000 (with photo) NNNN |