ISRE 2.0 expected to conclude in April

Source: Hong Kong Government special administrative region

ISRE 2.0 expected to conclude in April 
     A CEDB spokesman said that the convention and exhibition (C&E) industry plays a vital role in consolidating and enhancing Hong Kong’s status as an international trade centre. The Government has been supporting the development of the C&E industry through diverse measures. Following the allocation of $1.4 billion in 2023 to launch the original ISRE, the Government allocated an additional provision of $500 million to launch ISRE 2.0 in July last year, which received strong industry support and an overwhelming response. In addition to benefitting the C&E industry, the scheme has helped attract high-spending business visitors to Hong Kong, driving economic activities in related sectors such as accommodation, catering, retail and entertainment, thereby bringing positive benefits to the overall economy.
 
     ISRE 2.0 provides venue rental incentives to attract new and recurrent international exhibitions of a large scale to Hong Kong. Having taken into account the operational experience of the original scheme, ISRE 2.0 has refined the relevant arrangements by focusing on international exhibitions, benefitting more eligible exhibitions by adjusting the funding cap, and offering organisers more venue options (including the Hong Kong Convention and Exhibition Centre, AsiaWorld-Expo, Central Harbourfront Event Space, and West Kowloon Cultural District).
 
     According to the application guide promulgated last year, ISRE 2.0 will conclude upon exhaustion of funds. The CEDB has also explained the relevant arrangements to the industry on various occasions and maintained close communication with venue operators. Based on the latest spending position and projection, the fund under ISRE 2.0 is expected to be exhausted by April. The CEDB has earlier encouraged venue operators to proactively communicate with relevant organisers to enable the industry to make necessary preparations for the scheme’s conclusion.
 
     The spokesman continued, “Since 2020, the Government has allocated over $3.1 billion to implement various support measures for the C&E industry, including the Convention and Exhibition Industry Subsidy Scheme under the Anti-epidemic Fund, the original ISRE, and ISRE 2.0, successfully assisting the industry to cope with the epidemic, promoting post-epidemic recovery and injecting momentum to the sustainable development of the industry.”
 
     The Government will continue to strongly support the development of the C&E industry in Hong Kong. As recently announced in the 2026-27 Budget, the Government will earmark $100 million for attracting large-scale international exhibitions with new elements to Hong Kong through collaborating with relevant organisations on a pilot basis, with a view to developing Hong Kong into the first-choice platform for showcasing Mainland and international brands, while attracting high-spending business visitors to Hong Kong and driving high value-added economic activities. The CEDB is formulating the relevant arrangements and implementation details.
 
     The spokesman expressed gratitude to the C&E industry for its continued support and co-operation with the Government in implementing various measures to promote the industry’s development, and looked forward to close collaboration with the industry to drive innovation, attract more top-tier international exhibitions to Hong Kong, and jointly tap into new economic growth opportunities.
Issued at HKT 15:00

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HKMA Bulletin (Issue 01/2026)

Source: Hong Kong Government special administrative region – 4

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

The Hong Kong Monetary Authority (HKMA) today (March 31) published its Bulletin (Issue 01/2026). 

The Bulletin carries an article entitled “The Hong Kong Bond Market in 2025”, which can be viewed on and downloaded from the HKMA website. 

Mainland resident jailed for conspiracy to defraud

Source: Hong Kong Government special administrative region – 4

     A 53‑year‑old Mainland male resident charged with one count of conspiracy to defraud was convicted and sentenced to 12 months’ imprisonment by Sha Tin Magistrates’ Courts yesterday (March 30).
 
     The Immigration Department (ImmD) received intelligence earlier that the defendant had submitted a suspected forged Hong Kong marriage certificate to obtain an endorsement for visit and residence status in Hong Kong. Upon verification by ImmD staff, discrepancies between the marriage certificate and the records were identified. The ImmD notified the Mainland authorities of the verification results for their follow-up actions, and an investigation against the defendant began. The said application of the defendant was not approved.
 
     The defendant was intercepted by ImmD staff upon his arrival via the Lok Ma Chau Spur Line Control Point on November 11, 2025. In the course of the investigation, the defendant admitted under caution that in order to settle in Hong Kong, he paid RMB10,000 to a middleman as a reward to obtain the forged Hong Kong marriage certificate and submitted the said certificate to the Mainland authorities for his application. The defendant was charged with conspiracy to defraud. The defendant pleaded guilty to the charge and was sentenced to 12 months’ imprisonment by the Sha Tin Magistrates’ Courts yesterday.
 
     “The ImmD has been very concerned about non-Hong Kong residents staying in Hong Kong by fraudulent means, and will continue to spare no effort in combating the related illicit activities. For people who have obtained their residence in Hong Kong by fraudulent means, their Hong Kong identity card and residence status will be invalidated according to the laws of Hong Kong. They will also be subject to removal back to their place of origin,” the ImmD spokesman stressed.

     “According to the Immigration Ordinance, any person who makes any statement or representation which he knows to be false or does not believe to be true to immigration officers commits an offence. Offenders are liable to prosecution and, upon conviction, face a maximum fine of $150,000 and imprisonment for 14 years. Aiders and abettors are also liable to prosecution and the same penalties. Moreover, according to the Crimes Ordinance, anyone who commits the offence of conspiracy to defraud is liable to prosecution and, upon conviction, the maximum penalty is imprisonment for 14 years,” the spokesman warned.

Hong Kong Customs detects three importing suspected controlled injection and pharmaceutical product cases

Source: Hong Kong Government special administrative region – 4

     Hong Kong Customs detected three importing suspected controlled injection and pharmaceutical product cases in late March and seized 20 vials of injections suspected to contain Part 1 poisons, with an estimated market value of about $13,000.

     Customs officers on March 25 inspected three express parcels imported from Japan to Hong Kong via the Shenzhen Bay Control Point. Upon inspection, Customs officers found the batch of injection vials suspected to contain Part 1 poisons in the three parcels.

     After a follow-up investigation, Customs officers conducted a controlled delivery operation on March 26 and arrested three female consignees aged between 28 to 39 at three recipient addresses.

     Investigations are ongoing and the three arrested persons have been released on bail.

     Under the Import and Export Ordinance, any person who imports pharmaceutical products and medicines without a valid import licence commits an offence. The maximum penalty upon conviction is a fine of $500,000 and imprisonment for two years.

     Under the Pharmacy and Poisons Ordinance, any person who possesses any poison included in Part 1 of the Poisons List other than in accordance with provisions commits an offence. The maximum penalty upon conviction is a fine of $100,000 and imprisonment for two years.
​
     Members of the public may report any suspected smuggling activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

  

New local HIV cases decline for 10 consecutive years as DH strengthens community engagement to consolidate support for HIV prevention and control

Source: Hong Kong Government special administrative region

New local HIV cases decline for 10 consecutive years as DH strengthens community engagement to consolidate support for HIV prevention and control (with photo) 
New HIV cases continues to decline but proportion of late presenters remains high
—————————————————————————————
 
     In 2025, the CHP received 331 new HIV cases, comprising 258 males and 73 females aged between 6 and 76. Among the cases with a reported route of transmission, 279 cases (99 per cent) acquired the infection through sexual contact, including 158 through homosexual or bisexual contact and 121 through heterosexual contact. The cumulative total of locally reported HIV infections since 1984 is 12 734.
      
     During the same period, a total of 86 new AIDS cases were reported, including 61 males and 25 females. Since 1985, a cumulative total of 2 643 confirmed AIDS cases have been reported in Hong Kong. The most common AIDS-defining illness was Pneumocystis pneumonia.
 
     “The prevalence of HIV infection in Hong Kong has remained far below the global average, accounting for 1 in 1 000 of the adult population. The number of new HIV infections has declined for 10 consecutive years since the peak in 2015 when over 700 new cases were reported, representing a more than 50 per cent drop. This is largely attributable to the sustained efforts of the Government, the healthcare sector and non-governmental organisations (NGOs) over the years. Nevertheless, the proportion of late presenters among the newly reported cases in Hong Kong has remained high at about 50 per cent in recent years. An in-depth analysis of the data by the CHP revealed that the proportion of late presenters among high-risk populations (such as men who have sex with men (MSM) and sex workers) is approximately 40 to 50 per cent. Among non-high-risk groups, this figure is even higher, reaching 60 to 70 per cent. This situation warrants attention,” said the Consultant (Special Preventive Programme) of the Public Health Services Branch of the CHP, Dr Bonnie Wong.
      
     Late presenters refer to individuals with a very low CD4 (one kind of immune cell) cell count (less than 200 cells/mm3) or those who have already progressed to AIDS at the time of HIV diagnosis. Late presentation indicates that these individuals were not diagnosed and put on treatment in a timely manner at an earlier stage of infection.
      
     “Late presentation can lead to an increased risk of opportunistic infections and malignancies, leading to a tenfold increase in mortality rate when compared with other people infected with HIV. In addition, as a result of an unsuppressed viral load, late presenters contribute to an increased risk of HIV transmission in the community. As sexual transmission remains the major route of HIV transmission in Hong Kong, we encourage people who have had sex to get HIV testing at least once to keep track of their health status. People with higher risk of infection (such as those who do not use condoms properly or those who inject drugs) should undergo regular screening to safeguard their own and their partners’ health,” said Dr Wong.

Multifaceted collaboration model to strengthen prevention, control and support of HIV/AIDS
—————————————————————————————-
 
     She added that 2026 marks the 30th anniversary of the introduction of highly effective antiretroviral drugs for HIV treatment. With the advancement of medicine and successful implementation of prevention and control measures in Hong Kong, HIV infection is now a manageable chronic disease. The World Health Organization also emphasised that people with HIV should receive antiretroviral drugs as soon as possible. This helps achieve viral suppression, prevent the progression to AIDS and other complications, and increase the chance of survival significantly. Furthermore, those who achieve an undetectable level of the virus in blood while on treatment will not transmit the virus through sex, i.e. Undetectable = Untransmittable (U=U).
      
     As with the prevention and control of other chronic diseases, community engagement is particularly important in the prevention and control of HIV/AIDS. The Government will adopt a multifaceted collaboration model to engage community stakeholders, including NGOs, in participating in HIV prevention and control work. The following two initiatives under the Partnership Programme for Community Engagement will be launched on April 1:
 
(1) Priority Populations Testing and Counselling Programme
      
     Target participants include priority populations identified in the Recommended HIV/AIDS Strategies for Hong Kong (2022-2027) (including MSM, people of non-Chinese ethnic groups, transgender people, people who inject drugs, sex workers or those who were at a higher risk of infection, such as clients of sex workers or individuals with multiple sexual partners).
      
     The CHP subsidises NGOs to provide target participants with free HIV and syphilis antibody testing, personalised psychological support and counselling, health advice on safer sex and methods to prevent HIV and other sexually transmitted infections. When necessary, service recipients will be referred to other services for prevention, diagnosis or follow-up care arrangement. Participating NGOs will also deploy outreach teams into communities to proactively provide relevant services to those in need.
 
(2) People Living with HIV (PLHIV) Support Services Programme
 
     The target participants are individuals currently receiving follow-up care at public HIV clinics. NGOs subsidised by the CHP will provide comprehensive support tailored to PLHIV, including medication and adherence support, psychological and social support, group therapy activities, drug rehabilitation and counselling support, functional rehabilitation and bridging psychiatric services etc.
      
     “These two programmes address different groups and needs with precision. The former promotes early testing and early prevention to align with the CHP’s core objectives of expanding testing services and implementing target-based prevention, control and intervention; the latter helps PLHIV better manage their health and further strengthen the existing support for them and their families. The CHP believes that leveraging the community service networks established by the NGOs over the years will help build a more accessible, targeted and sustainable HIV/AIDS prevention, control and support network. This approach puts into practice the concept of community-collaborative public health service. The CHP will accumulate experience for the optimisation and improvement of related services in the future,” Dr Wong said.
      
     Members of the public who wish to participate or learn more about the two programmes may visit the Red Ribbon Centre’s website (www.rrc.gov.hk/englishIssued at HKT 14:30

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CCIDA sponsors industry to participate in AW2026 Shanghai Fashion Week

Source: Hong Kong Government special administrative region

CCIDA sponsors industry to participate in AW2026 Shanghai Fashion Week       
     Highlights of the “Asian Designers To Watch x Hong Kong Emerging Designers” included a designer exhibition and a fashion show. The exhibition, held from March 25 to 30, featured 21 selected fashion pieces by seven Asian Designers To Watch of the 2025 edition and over 160 AW2026 fashion and accessory pieces by 10 Hong Kong emerging designers. The fashion show, held on March 27 as the HKDC’s debut at the SHFW, showcased 40 selected AW2026 outfits by five emerging Hong Kong designers and brands, presenting to Chinese Mainland and international audiences the vitality of Hong Kong fashion. The two highlight events provided a platform for Hong Kong designers to network with buyers from around the world during the SHFW, one of the most influential fashion events in Asia, and explore potential business opportunities.
      
     The HKDC is CCIDA’s strategic partner in leveraging Hong Kong’s East-meets-West advantage to drive economic value from design. CCIDA has been supporting the HKDC’s initiatives for exploring markets for local design talent and enterprises, including organising industry delegations to participate in major design and fashion events on the Chinese Mainland and overseas, to enhance the global visibility of Hong Kong’s design industry and foster cross-boundary collaborations.
      
     For more information on event, please visit www.hkdesigncentre.orgIssued at HKT 17:00

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President Lai meets bipartisan delegation from US Senate Committee on Foreign Relations

Source: Republic of China Taiwan

President Lai meets bipartisan delegation from US Senate Committee on Foreign Relations
On the morning of March 30, President Lai Ching-te met with a bipartisan delegation from the United States Senate Committee on Foreign Relations led by Ranking Member Jeanne Shaheen of the Democratic Party and Senator John Curtis of the Republican Party. In remarks, President Lai thanked the four senators in the delegation for their visit to Taiwan at such a critical juncture, which demonstrates staunch support through concrete action and underscores the rock-solid friendship between Taiwan and the US. He also extended appreciation to members of the US Congress from both sides of the political aisle for their individual and collective actions in support of Taiwan’s special defense budget, as well as for following the Legislative Yuan’s deliberation process. The president indicated that the legislation for the special defense budget can withstand rigorous scrutiny and is backed by over 60 percent of Taiwan’s public, but that the deliberation has suffered delays due to political factors. President Lai called on the Legislative Yuan to support the budget across party lines, signaling to the international community – especially the US government and Congress, who have long supported Taiwan – that Taiwan is firmly committed and determined to continue advancing its self-defense capabilities, and is undaunted by threats.
A translation of President Lai’s remarks follows:
First, on behalf of all the people of Taiwan, I extend a sincere welcome to the four senators. This is the first visit to Taiwan for Senators Shaheen, Thom Tillis, and Jacky Rosen. Senator Curtis is visiting again after four years. I understand that he also served as a missionary to Taiwan in the 1980s. In 2022, I met with Senator Curtis by videoconference while transiting through the US on my way to Honduras. Later that same year, we also met in person at the Presidential Office during his visit to Taiwan. I am delighted to have this opportunity to engage in in-depth exchanges with all of our guests today, and I thank the US for its bipartisan support and profound friendship for Taiwan.
All of you have long focused on Indo-Pacific regional security and spared no effort in supporting Taiwan. You also continue to introduce and cosponsor numerous pieces of Taiwan-friendly legislation in Congress. All of you are truly steadfast friends of our nation. I would also like to thank those in the executive and legislative branches of the US government from across the political spectrum for continuing to conduct military sales to Taiwan and bolster bilateral cooperation in accordance with the Taiwan Relations Act and the Six Assurances, providing our nation with unwavering and long-term support.
The latest US National Security Strategy clearly indicates that Taiwan is a vital hub for peace and prosperity in the Indo-Pacific. Taiwan fully understands that peace can only come through strength. In face of the growing threat of authoritarianism, the core principles of our national security policy are to strengthen our self-defense capabilities, deepen security cooperation with the US and other friends and allies, and strive to maintain the status quo of peace and stability across the Taiwan Strait.
To demonstrate our resolve to defend ourselves, Taiwan is systematically increasing defense spending. This year’s defense budget, as defined by NATO, will surpass 3 percent of GDP, and we expect to reach 5 percent of GDP by 2030. Last November, I announced that we will promote an eight-year, US$40 billion special defense budget. The primary objectives of this are to build the T-Dome, a sophisticated, multi-layered missile defense system; to integrate AI into our national defense; and to develop our indigenous defense industry and advance self-sufficiency in national defense.
To comprehensively enhance our asymmetric capabilities and achieve the goal of effective deterrence, this special budget was put forward following thorough evaluations and planning by the Ministry of National Defense, as well as consultations with the US regarding military procurement. Furthermore, to bolster defense self-sufficiency, build up technological capabilities in defense, and make the defense industry a new driving force for economic growth, the special budget includes investments in our indigenous defense industry and incorporates various collaborative projects between Taiwan and the US in the AI and defense sectors.
The special defense budget proposed by our government is a tightly integrated, comprehensive, and pivotal initiative to rapidly increase our defense capabilities and effectively counter potential threats. It also serves as a core program to accelerate transformation and upgrading of our domestic industries and economy. Only by ensuring that defense and the economy reinforce each other can we bolster our overall national strength. Therefore, I have repeatedly stressed that we must pass this special budget in full and without further delay.
I would like to point out that the legislation for the defense budget, which is currently under deliberation in the Legislative Yuan, can withstand rigorous scrutiny and is backed by over 60 percent of Taiwan’s public. However, due to political factors, the legislative review has suffered delays. An example is our HIMARS purchase from the US. The letter of offer and acceptance was originally set to expire at the end of this month. We are grateful to the US government for agreeing to a slight extension, which assists Taiwan in continuing the procurement of this weapons system. However, should any delay occur, it would have a very serious impact on the urgent need to enhance our asymmetric capabilities.
I would like to extend special appreciation to the four senators visiting today, as well as other members of Congress from both sides of the political aisle, for their individual and collective actions in support of the special defense budget that Taiwan’s government has proposed. I am also grateful for your concern and candid advice regarding the Legislative Yuan’s deliberation on the associated legislation. Your deep understanding of and continued concern for Taiwan’s security have demonstrated to the people of Taiwan the paramount importance of this treasured friendship.
I want to assure you and all of our friends in the US that my government’s resolve and commitment to enhancing our self-defense capabilities, strengthening Taiwan-US cooperation, and ensuring national security remain unwavering. Your visit to Taiwan at this critical juncture is a powerful demonstration of support through concrete action, once again underscoring the rock-solid friendship between Taiwan and the US.
At this important moment, I also call on the Legislative Yuan to support the government’s comprehensive special defense budget plan across party lines. This will signal to the international community – especially the US government and Congress, who have so steadfastly supported Taiwan – that we are firmly committed and determined to advance our self-defense capabilities and that we are undaunted by the threats we face. This would be the best possible manifestation of the saying that help comes to those who help themselves.
This year marks the 250th anniversary of the founding of the US, as well as the 30th anniversary of Taiwan’s first direct presidential election. The Declaration of Independence not only asserted the profound significance of unalienable rights; it also proved that the course of history can be altered through the free will of the people. As Taiwan transitioned from authoritarianism to democracy, many risked their liberty and even their lives striving for freedom and human rights precisely because they held these same convictions. The free and prosperous societies that Taiwan and the US have today did not come about by accident; they are the hard-won results of the struggle of countless individuals. At this time of celebration, we must cherish more than ever our friendship, which transcends borders, and safeguard our shared values.
In closing, I would like to once again thank the US for its bipartisan support for Taiwan. I look forward to continuing to work hand in hand with all of our guests to deepen the Taiwan-US friendship. I wish everyone a smooth and successful visit.
Ranking Member Shaheen then delivered remarks, a transcript of which follows:
Thank you, Mr. President, for the opportunity to meet today. We are here, as you’ve heard, as part of a bipartisan delegation from the United States Senate, including members of the Senate Foreign Relations Committee, Finance Committee, [and] the Armed Services Committee. We’re also pleased to be joined by the director of the [American Institute in Taiwan Taipei Office], Raymond Greene. Thank you for being here as well. We are here to underscore the strong and enduring commitment to Taiwan in the United States Congress. That commitment is grounded in the Taiwan Relations Act and decades of support for peace and stability in the Taiwan Strait. Maintaining that stability is a shared effort.
We recognize and welcome the steps Taiwan has taken to strengthen its own defense and resilience. They are critical to sustaining deterrence. Beyond our security cooperation, we also value the continued deepening of the economic and people-to-people ties that underpin our partnership. Our economic relationship in particular is a foundation for prosperity in both the United States and Taiwan. American families benefit from the lower costs because of our robust trade with Taiwan, and our workers benefit from the tens of billions of dollars in investment that we’ve seen across America from Taiwanese firms. Simply put, the stability and strength of this relationship is deeply in the interest of both of our peoples. I look forward to continuing to build on our partnership together. Thank you again for your leadership, and I appreciate the opportunity for this discussion.
Senator Curtis then delivered remarks, a transcript of which follows:
Taiwan, where I lived for three years as a young man, today sits at the crossroads of democracy, global technology, and international security. I’ve witnessed firsthand the progress Taiwan has made by embracing freedom, democracy, and capitalism. I often point out to my colleagues that when I lived here in 1979, Taiwan was under martial law. Last week it celebrated 30 years as a full, vibrant democracy. 
When I lived here, the Taiwan GDP per capita was about US$3 thousand. Today, you are one of the wealthiest countries in the world. When I lived here, I remember knocking on doors as a young missionary and seeing Christmas lights made in each home. Each home would do one step of the process and then it would move to the next home. Today, the world runs on the most advanced Taiwanese semiconductors. 
Taiwan’s stability and security matter to America. US-Taiwan relations grow stronger every day. Taiwan has made real progress on strengthening its defense, whole-of-society preparedness, and energy security, especially over the last year. That seriousness is noticed in Washington, DC, and your efforts on the special defense budget are also noticed and supported with vast support. Congress plays a leading role in the Taiwan relations as it has since the Taiwan Relations Act passed just days before I arrived in Taiwan in 1979. This support is reinforced by our congressional visit here to be with you today.
On a personal note, President Lai, you are a transformational leader. It is not by accident that Taiwan has progressed so much since my last visit. As I watch your leadership, I’m impressed and feel that Taiwan is blessed to be under your leadership. Our bipartisan delegation is happy to be here, and we thank you for hosting us and look forward to a great couple of days here in Taiwan.

LegCo election report published

Source: Hong Kong Information Services

The Electoral Affairs Commission Report on the 2025 Legislative Council General Election was published today, the Government said.

Apart from describing the commission’s conduct, preparatory and supervision work regarding the election, the report also summed up the experience and reviewed various electoral arrangements to provide recommendations for future polls.

Pursuant to the Electoral Affairs Commission Ordinance, the commission submitted the report to the Chief Executive on March 6. The Government thanked the commission for its efforts in conducting and reviewing the election.

“We are grateful to the commission for ensuring that this election was smoothly conducted in an open, honest, fair and orderly manner, and that various enhancement measures increased the operational efficiency of the election and made the election more user-friendly,” the Government said.

It added that it will continue to work closely with the commission to follow up on the recommendations.

The Bureau of Industrial Parks built an industry-academia co-creation engine, which has achieved significant results, boosting output value up to NT$2 billion.

Source: Republic of China Taiwan

The Bureau of Industrial Parks (BIP) of the Ministry of Economic Affairs (MOEA) held a press conference on March 2, 2026, and announced the concrete achievement of the policy “One Park, One School,” which is BIP’s industry-academic co-create engine promotion. Since 2023, BIP has introduced the policy, and more than 30 universities and 500 experts around Taiwan have successfully connected to assist manufacturers in parks for upgrading and transformation. More than 5,400 manufacturers, covering 72 of the BIP’s parks, have gained consulting and successfully applied for 117 subsidy programs, which have received subsidy funds of NT$265 million from the Government, boosting investment of NT$1,166 million and approximately NT$2 billion output value. It had presented the powerful efficiency of industry-academic collaboration, injecting the practical momentum for industrial upgrading.
The BIP pointed out that in addition to assisting enterprises in enhancing technical and operational efficiency, the industry-academic co-creation policy, “One Park, One School,” also responds to the challenges caused by the U.S.-tariff policy. Addressing the situation about parts of traditional industries, facing pressures of output market and cost rising situation, BIP assisted in introducing production optimization, production high value-added, and market transformation, enhancing smart manufacturing abilities at the same time, to decrease the impacts of tariff, strengthen international competitive capability, and accelerate industrial upgrading transformation.
BIP indicated that the industrial parks under its jurisdiction are important hubs for Taiwan’s manufacturing industries and SMEs. More than 13,000 enterprises have established a presence in parks, with an annual output value exceeding NT$10 trillion, and provide 730,000 job opportunities. Facing the pressure of talent shortages, AI digital transformation, and R&D momentum enhancement, BIP pioneered a measure, “One Park, One School,” an industry-academia co-creation engineer, to assist manufacturers in solving the increasing operating pressure. By leveraging the resources of schools and the corporation’s expertise, providing localized services such as emerging technical support and talent matchmaking for enterprises in parks enhances overall operational resilience.
The press conference presented several remarkable collaboration cases, demonstrating the significant effects of industry-academia partnerships. BenQ Dialysis, located in Guishan Industrial Park, has collaborated with Lunghwa University of Science and Technology to introduce an AI identification system and automatic instant testing, which successfully enhanced anomaly detection during productive processing of dialyzers and significantly optimized quality stability. Thunder Tiger Corp. in Taichung Industrial Park cooperated with National Formosa University to jointly set up an UAV R&D Center. They independently researched and manufactured the TF500 Fixed-Wing UAV, which significantly extended the battery life and enhanced the efficiency of the production line. It could be used in long-distance military detecting missions, assisting in creating momentum for national defense autonomy.
In addition, SUMEEKO in the southern parks, Da-Fa Industrial Park, cooperated with ChengShiu University to introduce CAE simulation technology and a deep learning image detection system. It efficiently establishes key productive processes for fasteners and intelligent management, which can decrease production costs while enhancing mold design efficiency, and successfully promotes independent industry-academia projects, showing the upgrading potential in local industrial transformation.
The industry-academia co-create engine policy, “One Park, One School,” has shown a concrete effect on talent trainees. Minghsin University of Science and Technology has matched 297 students to enterprises in the Hsinchu Industrial Park, such as Wistron and Powertech Technology Inc., for internships, which implement the educational concept “Learning by Doing.” Mingshin has matched more than 2,400 students, conducted internships, and held more than 1,900 hours of courses on workplace skills. Meanwhile, Minghsin has utilized subsidy resources from the Ministry of Education and the Ministry of Labor to promote 85 talent cultivation projects, fulfilling the talent shortages in the semiconductor industry.
The BIP emphasized that as the trends of AI and Net-Zero continue to be promoted, there will be both greater challenges and opportunities for industries in the parks. The “One Park, One School” model, which integrates local higher education resources with government support, effectively enhances technological capabilities and overall competitiveness. Moving forward, BIP will continue to expand the scale of this initiative, building a sustainable and long-term platform for industry-academia collaboration and helping Taiwan’s industrial parks secure a strategic advantage amid the restructuring of global supply chains.

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

Singapore And Thailand Launch Applications For Carbon Credit Projects Under Bilateral Implementation Agreement

Source: Government of Singapore

JOINT NEWS RELEASE BETWEEN NEA AND MTI  

31 March 2026 – Singapore and Thailand have launched an application call for carbon credit projects under their Implementation Agreement on carbon credits cooperation.  This is Singapore’s fifth call for project applications, following the call for project applications with Ghana, Peru, Bhutan and Rwanda.

2               Authorised projects will unlock additional carbon mitigation options in Thailand and advance both countries’ climate ambitions. Through targeted financing, these projects will also promote sustainable development and benefit local communities through job creation and reduced environmental pollution.

3               Authorised projects will generate carbon credits aligned with Article 6 of the Paris Agreement. Under Singapore’s International Carbon Credit (ICC) framework, these credits may be eligible for use by Singapore-based carbon tax-liable companies to offset up to 5% of their taxable emissions.

4               Interested parties may submit applications for their carbon credit projects in Thailand to be authorised. The applications will be jointly reviewed by the Singapore and Thailand governments on a rolling basis upon receipt.

Application Process

5               The application process comprises three stages, each corresponding to a different stage of implementation for the carbon credit project (See Annex A). The first two stages require the applicant to submit details on the design and implementation plan for the carbon credits project in the lead-up to project authorisation. The final stage is for corresponding adjustments to be applied to the carbon credits generated from the authorised project, in accordance with Article 6, Paragraph 2 of the Paris Agreement. Detailed steps on the application process can be found at Singapore’s Carbon Markets Cooperation website, at www.carbonmarkets-cooperation.gov.sg/overview-thailand/.

6               Singapore and Thailand will assess applications against each country’s respective requirements. For Singapore, these projects must meet Singapore’s eligibility criteria for ICCs. The eligibility criteria, and the list of eligible carbon crediting programmes and methodologies under the Singapore-Thailand Implementation Agreement, are at Annex B, and published in the Carbon Markets Cooperation website.

 

Annex A_Flowchart of Application and Authorisation Process

Annex B_Singapore’s Eligibility Criteria and the Eligibility List under the Singapore-Thailand Implementation Agreement

Annex C_Information on the Singapore-Thailand Implementation Agreement

 

 

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