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Global travel tech start-up takes off in Hong Kong

     Global travel tech start-up Hey Travelista announced today (June 8) that it has opened its Hong Kong office as the global headquarters to launch its new online travel platform for affluent travellers in Asia.
     
     Hey Travelista offers its registered members exclusive high-end and unique hotel packages, with additional value-added inclusions, through its new travel platform. It works directly with top hotels and partners so that it can offer competitive rates and inclusions to its members, according to its co-founder Mr Tony Low.
     
     He added that there is a niche in the travel industry for the increasingly wealthy, free and independent Asian travellers whose needs are not yet entirely met by traditional or online travel agents. The company eyes Hong Kong as its base to seize the huge opportunities.
     
     He said, “Hong Kong has a huge tourism market. As Hong Kongers are among the most frequent travellers in the world, we definitely want to be part of this market. In addition, the city is next to the Mainland and its growing number of middle class travellers. It is a perfect place for a travel tech company to launch.”
     
     He added, “As an international city, Hong Kong attracts the best and brightest from all around the world. We want to leverage on its international status to develop our business here as well as promote our platform globally through the city.”
     
     Associate Director-General of Investment Promotion Dr Jimmy Chiang said, “Hong Kong’s fast-paced lifestyle gives rise to a genuine demand for luxury travel. With its sophisticated high-tech infrastructure and tech-savvy professionals, the city is the ideal place for Hey Travelista to start its business in the region.”
     
About Hey Travelista
     
     Founded by three globally experienced senior executives within the travel, hospitality and digital tech space, Hey Travelista is an online travel platform which offers its registered members access to high-end and unique hotel or resort packages, with value-added inclusions. For more information, please visit www.heytravelista.com.
     
About Invest Hong Kong
 
     Invest Hong Kong is the department of the Hong Kong Special Administrative Region Government tasked to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services for overseas and Mainland companies enrolled as its clients. For more information, please visit www.investhk.gov.hk. read more

Public consultation on telecommunications licence fees reduction and introduction of new fee component launched

     The Commerce and Economic Development Bureau (CEDB) and the Communications Authority (CA) today (June 8) jointly launched a public consultation to invite views from the industry and interested parties on the proposed reduction of licence fees for five types of licences issued under the Telecommunications Ordinance, and the proposed introduction of a new fee component under unified carrier licence (UCL).

     For UCLs, services-based operator licences (Class 3) and public radiocommunications service licences (Paging), licence fee for each customer connection/mobile station is proposed to be reduced from $7 to $5. For mobile radio system mobile station licences and private mobile radio system licences, licence fee for each mobile station is proposed to be reduced from $270 to $220. Holders of these five licences will benefit from the fees reduction proposal.

     A new fee component for provision of Wireless Internet of Things (WIoT) services under UCL is also proposed.

     “The introduction of the new fee component, at a much reduced level at $2 for each WIoT device, will align the WIoT device fee under UCL with that under the WIoT Licence, and will further facilitate the development of WIoT services in Hong Kong,” a spokesman said.

     “The licence fees review has been conducted in accordance with statutory requirements and the latest Government’s financial guidelines for trading funds. The fee proposals are in line with the cost recovery principle,” the spokesman added.

     Subject to the views and comments received and the necessary legislative amendments, the proposed licence fees reduction and the proposed introduction of the new fee component for WIoT devices under UCLs will take effect from January 2019.

     The consultation paper can be downloaded from the websites of the CEDB (www.cedb.gov.hk/ccib/eng/paper/pdf/2018_licence_fee_eng.pdf) or the CA (www.coms-auth.hk/filemanager/en/content_711/cp20180608_e.pdf). Views on the consultation paper should be sent by post to the Office of the Communications Authority, 29/F, Wu Chung House, 213 Queen’s Road East, Wan Chai, Hong Kong, by fax to 2834 1797, or by e-mail to consult-licence-fee-reduction-2018@ofca.gov.hk on or before July 9, 2018. read more