Results of monthly survey on business situation of small and medium-sized enterprises for February 2026

Source: Hong Kong Government special administrative region

Results of monthly survey on business situation of small and medium-sized enterprises for February 2026      
     The current diffusion index (DI) on business receipts amongst SMEs increased from 43.4 in January 2026 in the contractionary zone to 45.3 in February 2026, whereas the one-month’s ahead (i.e. March 2026) outlook DI on business receipts was 47.6. Analysed by sector, the current DIs on business receipts for all the surveyed sectors rose in February 2026 as compared with previous month, particularly for the retail trade (from 38.4 to 41.4), restaurants (from 38.6 to 41.4) and import and export trades (from 45.7 to 47.4).
               
     The current DI on new orders for the import and export trades increased from 46.0 in January 2026 to 47.1 in February 2026, whereas the outlook DI on new orders in one month’s time (i.e. March 2026) was 47.9.
      
Commentary
      
     A Government spokesman said that business sentiment amongst SMEs improved in February, with the current and outlook diffusion indices on business receipts for SMEs both rising to near two-year highs. The current diffusion index on employment for SMEs also improved from the preceding month.
      
     Looking ahead, local business sentiment will be supported by the sustained expansion of the economy. The Government will closely monitor the evolving external environment, including the developments surrounding the heightened geopolitical tensions in the Middle East and the frequently shifting trade and economic policies of major economies.
      
Further information
      
     The Monthly Survey on Business Situation of Small and Medium-sized Enterprises aims to provide a quick reference, with minimum time lag, for assessing the short-term business situation faced by SMEs. SMEs covered in this survey refer to companies with fewer than 50 persons engaged. Respondents were asked to exclude seasonal fluctuations in reporting their views. Based on the views collected from the survey, a set of diffusion indices (including current and outlook diffusion indices) is compiled. A reading above 50 indicates that the business condition is generally favourable, whereas that below 50 indicates otherwise. As for statistics on the business prospects of prominent companies in Hong Kong, users may refer to the publication entitled “Report on Quarterly Business Tendency Survey” released by the C&SD.
      
     The results of the survey should be interpreted with care. The survey solicits feedback from a panel sample of about 600 SMEs each month and the survey findings are thus subject to sample size constraint. Views collected from the survey refer only to those of respondents on their own companies rather than those on the respective sectors they are engaged in. Besides, in this type of opinion survey on expected business situation, the views collected in the survey are affected by the events in the community occurring around the time of enumeration, and it is difficult to establish precisely the extent to which respondents’ perception of the business situation accords with the underlying trends. For this survey, main bulk of the data were collected around the last week of the reference month.
      
     More detailed statistics are given in the “Report on Monthly Survey on the Business Situation of Small and Medium-sized Enterprises”. Users can browse and download the publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1080015&scode=300      
     Users who have enquiries about the survey results may contact Industrial Production Statistics Section of the C&SD (Tel: 3903 7246; email:
sme-survey@censtatd.gov.hkIssued at HKT 16:30

NNNN

FEHD releases first batch of gravidtrap indexes for Aedes albopictus in March

Source: Hong Kong Government special administrative region

FEHD releases first batch of gravidtrap indexes for Aedes albopictus in March     

District  Among the first batch of First Phase Gravidtrap Indexes covering 14 survey areas in March, most of the areas recorded 0 per cent, indicating that the distribution of Aedes albopictus mosquitoes was not extensive.

  Among these 14 survey areas, 12 recorded a decrease or remained unchanged as compared to the Area Gravidtrap Index last month (i.e. February 2026), representing that the areas’ mosquito infestation improved or maintained a low level. Two other areas recorded a slight increase, but the indexes were lower than 10 per cent.  Starting in August 2025, following the completion of the surveillance of individual survey areas, and once the latest gravidtrap index and the density index are available, the FEHD has been disseminating relevant information through press releases, its website and social media. It aims to allow members of the public to quickly grasp the mosquito infestation situation and strengthen mosquito control efforts, thereby reducing the risk of chikungunya fever (CF) transmission.

  Following recommendations from the World Health Organization and taking into account the local situation in Hong Kong, the FEHD sets up gravidtraps in districts where mosquito-borne diseases have been recorded in the past, as well as in densely populated places such as housing estates, hospitals and schools to monitor the breeding and distribution of Aedes albopictus mosquitoes, which can transmit CF and dengue fever. At present, the FEHD has set up gravidtraps in 62 survey areas of the community, with a surveillance period of two weeks. During the surveillance period, the FEHD will collect the gravidtraps once a week. After the first week of surveillance, the FEHD will immediately examine the glue boards inside the retrieved gravidtraps for the presence of adult Aedine mosquitoes to compile the Gravidtrap Index (First Phase) and Density Index (First Phase). At the end of the second week of surveillance, the FEHD will instantly check the glue boards for the presence of adult Aedine mosquitoes. Data from the two weeks of surveillance will be combined to obtain the Area Gravidtrap Index and the Area Density Index. The gravidtrap and density indexes for Aedes albopictus in different survey areas, as well as information on mosquito prevention and control measures, are available on the department’s webpage (www.fehd.gov.hk/english/pestcontrol/dengue_fever/Dengue_Fever_Gravidtrap_Index_Update.html#Issued at HKT 17:00

NNNN

Minister Kung Leads Delegation to San Francisco to Deepen Taiwan-U.S. Cooperation in Scientific Innovation and Industrial Technology

Source: Republic of China Taiwan

On January 23, Minister of Economic Affairs Ming-Hsin Kung led a delegation to San Francisco. During the visit, he witnessed the signing of cooperation agreements between the Industrial Technology Research Institute (ITRI) and Stanford University’s Stanford Robotics Center (SRC). He also witnessed a new phase of the Taiwan Research Institute Entrepreneur Ecosystem (TREE) program with the Stanford School of Engineering.

Minister Kung also visited the headquarters of Cadence Design Systems, a global leader in Electronic Design Automation (EDA), and met with the U.S. space startup unicorn, Apex, to further strengthen Taiwan-U.S. collaboration in scientific innovation, talent cultivation, and startup networking.

Minister Kung pointed out that as the government promotes the Ten AI Initiatives Promotion Plan, intelligent robotics serves as a core driver for AI implementation. By connecting industry, academia, and research institutions through government resources, the R&D visibility of Taiwanese startups and enterprises can be enhanced.

This international partnership with Stanford is built upon Taiwan’s solid industrial foundation, utilizing demonstration sites and international alliances to accelerate the entry of Taiwan’s smart robotics industry into the international market, ultimately achieving industrial transformation and competitive upgrades.

Minister Kung was also scheduled to hold discussions with Taiwanese business representatives in the Bay Area and Silicon Valley to understand their investment layouts, operations, and needs for government assistance. These insights will help the government implement its strategy of Rooted in Taiwan, Expanding Globally, Marketing worldwide.

The 2026 Sixth Taiwan-U.S. Economic Prosperity Partnership Dialogue (EPPD) Concludes with Seven Key Agreements

Source: Republic of China Taiwan

On January 27, Minister of Economic Affairs Ming-Hsin Kung and U.S. Under Secretary for Economic Growth, Energy, and the Environment Jacob Helberg, concluded the 6th U.S.-Taiwan Economic Prosperity Partnership Dialogue (EPPD). Since the inaugural EPPD in 2020, it was the first time the Co-chairs from both sides met in person.

During the meeting, both parties agreed that peace and stability across the Taiwan Strait were crucial to global economic security and prosperity. They signed the Joint Statement on the Pax Silica Declaration and U.S.-Taiwan Cooperation on Economic Security, underscoring Taiwan’s importance in the global AI supply chain.

Their discussions focused on seven key areas: promoting AI supply chain development, digital infrastructure, critical minerals supply, unmanned aircraft systems supply chains, high-tech talent cultivation, Taiwan-U.S. cooperation in third countries, and bilateral economic cooperation. Both sides explored ways to continue deepening the Taiwan-U.S. relationship.

The meeting yielded fruitful results, and the U.S. and Taiwan plan to establish working groups on important cooperation topics to sustain dialogue and expand outcomes.

Minister of Economic Affairs Ming-Hsin Kung Elaborates on Taiwan’s Critical Role in Global Supply Chains

Source: Republic of China Taiwan

On January 28 at the Atlantic Council in Washington D.C., Minister of Economic Affairs Ming-Hsin Kung delivered a keynote speech and participated in an interview titled Taiwan’s Role in Global Supply Chains and the Future of US-Taiwan Ties, where he elaborated on Taiwan’s pivotal role in global supply chains.

During the well-received event, Minister Kung emphasized that Taiwan will be indispensable in two areas: the “explosive growth of AI” and the “creation of non-Red supply chains.” He expressed his hope that Taiwan and the United States could work together to make even greater contributions to the world.

Following the event, Minister Kung also held a closed-door meeting to exchange views on deepening the Taiwan-U.S. economic and trade partnership. Major U.S. chambers of commerce, industry associations, technology companies, think tanks, and trade experts attended the meeting.

Minister Kung noted that over the past decade, major developments would include the U.S.-China trade war, the COVID-19 pandemic, and the Trump administration’s tariff policies. Throughout these challenges, Taiwan has demonstrated immense resilience, gradually shifting from a reliance on the Chinese market to a global strategic layout.

Leveraging its strength in the global foundry and IC packaging/testing markets, Taiwan has formed a close technological synergy based on diverse competencies with U.S. IC design firms.

Minister Kung emphasized that the Taiwan-U.S. economic partnership has continued to grow during this process. From 2020 to 2024, Taiwanese investment in the U.S. grew at an average annual rate of 36%. Currently, Taiwanese manufacturers have established semiconductor and ICT industry clusters across several U.S. states, including California, Arizona, and Texas.

Looking ahead, under the trend of “non-Red supply chains,” Taiwan and the U.S. will collaborate comprehensively in critical fields such as next-generation communications, low-earth orbit (LEO) satellites, Unmanned Aircraft Systems (UAS), critical minerals, and biotechnology.

Mong Kok fair to offer 2.9k jobs

Source: Hong Kong Information Services

More than 2,900 job vacancies, spanning various industries, will be on offer at the New Horizons Job Fair, due to be hosted by the Labour Department at MacPherson Stadium in Mong Kok on Thursday and Friday.

More than 60 recruiting organisations will be present at the fair, with around 30 conducting on-site recruitment each day. Almost 2,300 of the vacancies will be in catering, retail or transport.

Positions offered include engineer, registered nurse, Chinese medicine clinic assistant, administrative clerk, accounts clerk, customer service assistant, programme executive, project co-ordinator, analyst programmer, computer drafting clerk, traffic officer, promoter, maintenance technician, packaging worker, server, cook, shop assistant, stock keeper, beauty consultant, and lifeguard.

Around 71% of the openings on offer are full-time jobs. Most offer monthly salaries ranging from $12,000 to $25,000. About 97% require an education level of Secondary Seven or below, while around 55% are open to job seekers without relevant work experience.

The event will take place from 11am to 5.30pm at 1/F, MacPherson Stadium, 38 Nelson Street, Mong Kok. Admission is free, with final admission set at 5pm each day.

Director-General of OASES visits Strategic Enterprise Biren Technology’s exhibition centre to explore innovative computing solutions

Source: Hong Kong Government special administrative region

Director-General of OASES visits Strategic Enterprise Biren Technology’s exhibition centre to explore innovative computing solutions       
     Biren Technology has continued to expand its business and was listed on the Main Board of Hong Kong Exchanges and Clearing Limited in January 2026, becoming the first GPU enterprise to listed in Hong Kong. Biren Technology has also established a new exhibition centre to showcase its latest AI computing products and solutions.
      
     During the visit, Mr Yan stated that Hong Kong is committed to developing innovation and technology (I&T). The Hong Kong Special Administrative Region (HKSAR) Government is actively investing in the Northern Metropolis and through tax incentives, research funding and talent policies, is attracting more strategic enterprises with leading technologies in AI and computing power to develop in Hong Kong. These measures are highly aligned with the strategic direction set out in the National 15th Five-Year Plan to accelerate the development of an international I&T centre and promote collaborative innovation in the Guangdong-Hong Kong-Macao Greater Bay Area. Mr Yan further noted that the 2026-27 Budget has identified AI as a priority, introducing the “AI+” policy framework, including the establishment of the Committee on AI+ and Industry Development Strategy, to enhance computing infrastructure, promote talent cultivation, and transform research outcomes, thereby further strengthening Hong Kong’s AI industry ecosystem. These policies complement existing I&T platforms, providing enterprises with a more favourable environment for growth. Mr Yan stressed that since Biren Technology established its presence in Hong Kong, the company has fully leveraged the city’s combined strengths in international finance, professional services and I&T. It has continued to expand in the Chinese Mainland markets including the Greater Bay Area. Biren Technology’s development in Hong Kong not only demonstrates the city’s attractiveness, but also contributes to the accelerated growth of the local AI industry chain and computing ecosystem.
      
     The Chairman of the Strategy Committee of Biren Technology, Mr Allen Li, said, “Establishing our presence in Hong Kong marks an important step in Biren Technology’s global strategic layout. Hong Kong offers the dual advantages of an international platform and a capital market, providing an ideal environment for the R&D and commercialisation of our GPGPU chips and intelligent computing solutions. With the comprehensive support of the HKSAR Government and the OASES, we are rapidly integrating advanced computing infrastructure into the local ecosystem. Looking ahead, the company will continue to use Hong Kong as a bridge to bring the Chinese Mainland’s independently innovated AI technologies to the world, while working closely with the HKSAR Government to actively align with the country’s overall development strategy.”Issued at HKT 21:50

NNNN

Hong Kong Customs seizes suspected cocaine worth about $3.4 million at airport

Source: Hong Kong Government special administrative region

Hong Kong Customs seizes suspected cocaine worth about $3.4 million at airport.  An investigation is ongoing.

Customs will continue to step up enforcement against drug trafficking activities through intelligence analysis. The department also reminds members of the public to stay alert and not to participate in drug trafficking activities for monetary return. They must not accept hiring or delegation from another party to carry controlled items into and out of Hong Kong. They are also reminded not to carry unknown items for other people.

Customs will continue to apply a risk assessment approach and focus on selecting passengers from high-risk regions for clearance to combat transnational drug trafficking activities.

Under the Dangerous Drugs Ordinance, trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.

Members of the public may report any suspected drug trafficking activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hkIssued at HKT 20:45

NNNN

Speech by CE at International Women’s Day Reception 2026

Source: Hong Kong Government special administrative region

Speech by CE at International Women’s Day Reception 2026

Allow me to address our English-speaking friends. Today, we celebrate International Women’s Day, a day of profound significance around the world. We are here this morning to honour the global contributions of women and to recognise the inspiring vision, leadership and resilience of women in our community.

Hong Kong women enrich different aspects of our society. Over the years, in so many ways, women have challenged prejudices, erased boundaries and embraced opportunities. And done so through remarkable achievements in government, business, the professions, academia, the arts, innovation, family life, and so much more. Women are a powerful source of energy for social progress, women’s talent and determination are essential to Hong Kong’s continuing success.

Last October, China, our country, hosted the Global Leaders’ Meeting on Women in Beijing. The international gathering brought together leaders and experts from around the world to advance gender equality and the cause of women everywhere. At the Meeting, President Xi Jinping noted that “women play an important role in creating, promoting and carrying forward human civilisation, and the international community has a shared responsibility to advance the cause of women”.

Our country has long championed women’s development, upholding gender equality as a fundamental policy priority. With the nation’s support and a widening global vision, women in the Hong Kong SAR have been able to pursue their dreams and realise their full potential.

The Government has worked closely with the Women’s Commission to expand opportunities for women. One of our flagship events, held in 2024, was the inaugural Family and Women Development Summit.

The second Summit will take place this month, on March 31. And I look forward to the enthusiastic participation of our partners across the community.

I’ve just shared in Cantonese about four traditional Chinese silk fabrics and how they resemble the qualities of Hong Kong women. Each fabric has its own character: one represents clarity and poise with which you balance family and career; another symbolises inclusive spirit, bringing people together and building consensus.
These four fabrics – clarity, inclusivity, resilience, and grace – are woven into the daily lives of women here in Hong Kong. They are the threads of women’s character. And my hope, ladies, is that you will continue to illuminate every corner of this city with that same remarkable spirit.

I wish you all an inspiring International Women’s Day, and continued happiness, health and success. Thank you! 多謝大家。
Issued at HKT 11:55

NNNN

More than 1 100 students experience building spectacular horticultural display for Hong Kong Flower Show

Source: Hong Kong Government special administrative region

More than 1 100 students experience building spectacular horticultural display for Hong Kong Flower Show  
     During the activity, the students assembled the display using a variety of richly coloured flowers of various species, including stocks, carnations, myosotis, chrysanthemums, lavender, pansies, impatiens and more, creating a multihued scene.
 
     The intricately crafted display, made of cut flowers, showcases a historic tramcar, known as the “Ding Ding”, symbolically guiding visitors through the city’s bustling streets and old neighbourhoods. Along the route, visitors can appreciate the dynamic blend of the city’s past and present through iconic landmarks such as the stately Court of Final Appeal Building, the Hong Kong Observation Wheel overlooking Victoria Harbour, and the Bank of China Tower located in the city’s financial hub.
 
     Enriching the display are scenes of local culture and traditions, from the thrilling atmosphere of horse racing at the Happy Valley Racecourse to the vibrant celebrations of the Tai Hang Fire Dragon Dance. Repulse Bay is also highlighted in the display. The beach-inspired design features plant sculptures of a playful duck-shaped float, a beach ball, a sand bucket, a sand shovel and more, creating a comfortable and relaxing ambience.
 
     After the student experience session, work on the “Floral Trail of the Island” display will continue. Embellished with about 44 000 flowers and plants, the display will be one of the main garden features at this year’s flower show. Visitors can appreciate the display and take photos with the plant sculptures. Illustrating different styles of day and night, the display is enhanced with light effects in the evening, showcasing the unique charm of a city where East meets West and old blends with new, amid floral fragrances in the air.
 
     This year’s flower show will be held at Victoria Park for 10 days from March 20 to 29, running from 9am to 9pm daily, featuring the elegant stock as its theme flower under the theme “A Fragrant Journey through Hong Kong”.
 
     For enquiries, please call 2601 8260 or visit the flower show webpage www.hkflowershow.hk/en/hkfs/2026/index.html 
     The Hong Kong Flower Show is organised by the Leisure and Cultural Services Department. The Hong Kong Jockey Club Charities Trust is supporting the flower show for the 14th consecutive year, and has been its major sponsor since 2014.
Issued at HKT 13:16

NNNN