Tag Archives: China

     Invest Hong Kong (InvestHK) announced today (March 4) that it has assisted a United States logistics industry multi-modal payment network, PayCargo, to open its first regional office in Hong Kong as part of its overseas expansion plan in Asia via the city.
      
     The Associate Director-General of Investment Promotion, Mr Charles Ng, welcomed the opening of PayCargo’s regional office in Hong Kong. He said, “It brings not only an innovative payment solution to Hong Kong’s logistics sector, but also shows a vote of confidence in the city’s vibrant fintech ecosystem.”
      
     The Commercial Director of Asia, PayCargo, Mr Morgan Law, said, “Our decision of setting up in Hong Kong was primarily influenced by the city’s open business environment and robust rule of law, ensuring a secure and efficient setting for our operations. Additionally, Hong Kong’s status as a global financial centre offers unparalleled access to a sophisticated banking infrastructure, essential for our payment-driven solutions in the logistics sector.”
      
     Mr Law added, “Capitalising on Hong Kong’s status as the largest air cargo hub in the world, we aimed to tap into the dense network of trade, enhancing our service offerings to customers and fortifying our position within the global supply chain. This move enables PayCargo to provide more efficient payment processing solutions for cargo movement, facilitating better cash flow and moving cargo faster in a region synonymous with high-volume trade and transportation.”
      
     He explained, “The Hong Kong office serves as our initial step into Asia and marks an important milestone for our global expansion ambition. The learnings from growing our business here are going to play an important role in guiding our approach to launch new Asian markets in the future.”
      
     To get a copy of the photo, please visit www.flickr.com/photos/investhk/albums/72177720315159736.
      
     For more information about PayCargo, please visit paycargo.com.

  

     A spokesman for the Housing Department (HD) today (March 4) said that the HD always spares no effort in combating false declarations made during applications for public rental housing (PRH). A PRH applicant who made a false statement was sentenced to one month’s imprisonment (suspended for 12 months) today.

     The PRH applicant declared his marital status as married in a declaration in respect of admission to PRH in 2018. Subsequent investigation revealed that he was in fact proceeding with divorce. He intentionally concealed his marital status so that he could acquire a PRH flat.

     The applicant was prosecuted for knowingly making a false statement in respect of his application for PRH contrary to Section 26(1)(c) of the Housing Ordinance. After two days of trial, he was convicted earlier at the Kwun Tong Magistrates’ Courts. After considering the gravity of the offence and the Community Service Orders Suitability Report, the defendant was sentenced to one month’s imprisonment (suspended for 12 months).

     The spokesman reminded all PRH applicants that if any persons are convicted by the courts for making a false statement knowingly during a PRH application contrary to Section 26(1)(c) of the Housing Ordinance, the maximum penalty is a fine of $50,000 and imprisonment for six months. The PRH application concerned will be cancelled while any allocated PRH unit will be recovered by the HD.  read more

     The Labour Department and the Occupational Safety and Health Council will hold the OSH Innovation & Technology Expo on March 7 and 8. The Expo will introduce and showcase innovative solutions, products, and technologie… read more

     The Hong Kong Special Administrative Region (HKSAR) Government today (March 4) strongly condemned absconder Hui Chi-fung who blatantly requested foreign countries to impose so-called “sanctions” on judges and judicial officers, prosecutors, law enforcement officers and other public officers of the HKSAR and also appealed to the public to carry out doxxing against them. Not only can his act amount to perverting the course of public justice, it may also constitute the offence of “collusion with a foreign country or with external elements to endanger national security” under Article 29 of the Hong Kong National Security Law.

     A spokesman for the HKSAR Government said, “Hui attempted to collude with a foreign country or with external elements and blatantly clamoured for so-called ‘sanctions’ and doxxing against dutiful HKSAR officials in an attempt to intimidate them, interfering with the HKSAR’s judicial proceedings, obstructing the HKSAR Government from fulfilling its duty and undermining the rule of law of the HKSAR. The HKSAR Government strongly condemns his political grandstanding rife with ill intentions, which have been seen through by all.

     “Hui’s acts precisely demonstrate the need for us to protect persons handling cases or work concerning national security and their family members from doxxing or harassment, which was proposed for consideration in the Basic Law Article 23 legislative proposal, to enable the relevant officers to handle work for safeguarding national security without worries, thereby buttressing and strengthening the enforcement forces for safeguarding security.”

     The spokesman pointed out, “Being suspected of having committed multiple offences, Hui not only showed no intention to face the law enforcement and judicial procedures in relation to his suspected illegal acts, he even lied to the court for approval to leave Hong Kong, showing that he is completely devoid of integrity. It is outrageous that he continues to engage in acts and activities endangering national security after absconding overseas.”

     â€‹”Hui is currently a wanted person with reward notice by the HKSAR Police for being suspected of violating offences of ‘incitement to secession’, ‘incitement to subversion’ and ‘collusion with a foreign country or with external elements to endanger national security’ under the Hong Kong National Security Law. He should not have any delusion to evade legal liabilities by absconding from Hong Kong. The HKSAR Government will not condone any criminal acts. It will uphold the principle that ‘laws are observed so as to bring offenders to account’ to pursue the liability of people absconding overseas and endangering national security to the end by adopting all practical measures to bring them to justice. People providing pecuniary assistance for Hui to continue absconding overseas and conducting activities endangering national security will also need to face criminal liabilities,” the spokesman stressed. read more

     The Census and Statistics Department (C&SD) today (March 4) released the statistics on vessels, port cargo and containers for the fourth quarter of 2023.        In the fourth quarter of 2023, total port car… read more