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FS paves way to green, digital future

A number of initiatives and measures aimed at accelerating high-quality development were announced in today’s 2024-25 Budget, with the Government emphasising a move towards a green future and digitalisation.   Explaining that high-quality development spurs ongoing economic innovation and growth whilst conserving the natural environment, Financial Secretary Paul Chan said Hong Kong must pursue opportunities through leveraging its advantages under “one country, two systems”, namely those of enjoying strong support at a national level and being closely connected to other parts of the world.   He stressed that green development involves huge business opportunities and financing needs, as governments and businesses around the world pursue carbon neutrality and green transformation. In addition, he said digitalisation has become a new driving force for economic development, empowering enterprises to enhance efficiency, boost their competitiveness and achieve new growth.   Introdu

10 arrested in security case

Police’s National Security Department today arrested 10 people over suspected conspiracy to collude with the 612 Humanitarian Relief Fund to receive donations from abroad, either to support people who have fled overseas or bodies that call for sanctions against Hong Kong.   The four men and six women, aged between 26 and 43, were arrested for suspected conspiracy to collusion with a foreign country or with external elements to endanger national security, contravening Article 29 of the National Security Law, and of inciting people to riot.   Having obtained court warrants, Police conducted searches at the residences and offices of those arrested, seizing documents and electronic communication devices. The operation is ongoing and further arrests have not been ruled out.
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