Latest news with #JellyTse
South China Morning Post
22-04-2025
- Business
- South China Morning Post
Hong Kong's MTR Corp proposes 9.4% Airport Express fare increase
Hong Kong rail giant the MTR Corporation has proposed raising the Airport Express fares for the first time in eight years, with an average increase of 9.4 per cent. Advertisement The company submitted its fare adjustment proposal to the Legislative Council on Tuesday, in which a single journey ticket for adults using an Octopus card will cost HK$120 (US$27) at most, up from the current HK$110. 'To ensure a sustainable income to meet rising operational costs and investment needed for renewing railway assets, there is a need to adjust the Airport Express fares to achieve break-even and maintain a high-quality service,' the paper said. The MTR Corp submitted its fare adjustment proposal to the Legislative Council on Tuesday. Photo: Jelly Tse Under its proposal, a single journey ticket between Hong Kong station and the airport for adults using an Octopus card will cost HK$120, while the trip between Kowloon station and the airport will increase by HK$5 to HK$105. An adult single journey ticket between Tsing Yi station and the airport will cost HK$73 by using an Octopus card, up from the current HK$65. Without using an Octopus card, a single journey ticket between Hong Kong station and the airport will increase HK$15 to HK$130. Advertisement The fare between Kowloon station and the airport will reach HK$115, up from the current HK$105, while that between Tsing Yi and the airport will cost HK$80.
South China Morning Post
21-03-2025
- Entertainment
- South China Morning Post
Kai Tak's heritage takes centre stage at sports park's debut cultural festival
A week-long cultural festival has debuted at Hong Kong's newly minted Kai Tak Sports Park, featuring installations by renowned artists and various programmes, coinciding with a plethora of Art March events taking place across the city. Advertisement The inaugural Kai Tak Art Week, with the theme of 'Hundred Senses', includes offerings such as panel discussions, art workshops and a market. The activities are designed to showcase the site's past and present through four areas: cultural heritage, aviation, sports and community development. 'Through these art and cultural activities, we aim to deepen people's understanding and appreciation of the rich heritage of the Kai Tak area,' a spokesman for the Kai Tak Sports Park Art Week Curatorial Team said on Friday. 'Kai Tak has been a significant microcosm of Hong Kong's history, from the Sung Wong Toi to the aviation development of Kai Tak Airport and the social and cultural stories of the surrounding areas,' the spokesman added. The activities are open to the public until March 27. A sculpture by Australian artist Russell Anderson near the Kai Tak Youth Sports Ground. Photo: Jelly Tse Organisers of the event said they did not apply for the government's Mega Ace Fund set up to support art and cultural events in the city. Instead, funding was provided by the Kai Tak Sports Park Limited with HSBC and AXA as sponsors, although the cost of the festival was not disclosed.
South China Morning Post
18-03-2025
- Automotive
- South China Morning Post
CLP Power Hong Kong to charge drivers to use electric charging stations
CLP Power Hong Kong has announced that drivers will have to pay to use its electric vehicle (EV) charging stations later this year, ending 16 years of free service. Advertisement One of the city's two electricity suppliers said the move was to align with the 'market development' and details of the fee charging arrangements would be announced through notices at relevant car parks in due course. 'With the EV charging service market maturing, most of the charging stations have implemented charge service fees,' its statement said. CLP Power Hong Kong said the move to charge drivers to use electric charging stations aligns with market development. Photo: Jelly Tse The company said it would support the government and the industry to expand the EV charging network in Hong Kong and enhance the scale and coverage of charging. Hong Kong is home to around 112,000 EVs – representing about 12.4 per cent of total vehicles – as of the end of January, according to the Environmental Protection Department. There are some 10,400 EV chargers for public use around the city, the department reported. Advertisement Hong Kong authorities announced in 2023 that drivers will have to pay to use EV charging stations at government car parks by the end of 2025.
Yahoo
17-03-2025
- Business
- Yahoo
Hong Kong's demand for AI talent surges, with more than 2,000 job openings
Hong Kong employers want to fill more than 2,000 artificial intelligence (AI) jobs as the city pushes to transform into an innovation and technology hub. The vacancies will be featured at the Cyberport Career Fair, which takes place on Friday and Saturday. More than 580 organisations will attend, including start-ups, tech companies, government departments and firms like Hang Seng Bank and Centaline Property. About 70 per cent of recruiters would be looking to hire AI professionals, and nearly 60 per cent of the positions would be related to AI applications, said Ricky Choi, the smart-living director at Cyberport. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. "In the past, everyone might have thought that Hong Kong was primarily focused on finance," Choi said. "Gradually, we've noticed a slight shift in this sector, especially this year, with 67 per cent [of employers] coming from the smart-living industry." Smart living includes environmental, retail, health, robotics, Internet of Things and education technologies, he said. Notably, the education technology sector accounts for 29 per cent of the job openings, representing the largest share across industries, Choi said. The demand for AI talent in Hong Kong remains substantial as the industry booms. One in three professionals in Hong Kong was considering switching to AI-related careers, according to digital job platform TechJobAsia. Positions requiring AI skills offered salaries up to 24 per cent higher than those without, the platform said, adding that the monthly salary for junior AI engineers ranged from HK$24,000 (US$3,088) to HK$31,000. A view of Cyberport in Pok Fu Lam, Hong Kong. Photo: Jelly Tse alt=A view of Cyberport in Pok Fu Lam, Hong Kong. Photo: Jelly Tse> The fresh perspectives of young people could inspire creativity in AI and drive technological advancement, said Perry Chan, CEO of DefyPay, a blockchain technology start-up and a recruiter attending the career fair. "Jobseekers do not need a specific academic background, and even being a 'blank slate' is acceptable," he said. "The key lies in their thinking abilities and their attitude towards embracing new things." Financial Secretary Paul Chan Mo-po pledged to make AI development a key economic driver when unveiling a belt-tightening 2025-26 budget last month. The government would spend HK$1 billion to establish a Hong Kong AI Research and Development Institute, among other technology-related initiatives worth billions, he said. Talent is among five key areas of focus, Chan said at the Technology for Change conference on Wednesday. The others are supercomputing capabilities, algorithms, data and capital. "Beyond investing more resources into AI development, we are committed to creating a more pro-innovation environment that facilitates the testing and trial of AI applications," Chan said. This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2025 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved.
Yahoo
27-02-2025
- Business
- Yahoo
Hong Kong to launch 2 AI forums aimed at bridging China and the world amid US tech war
The government-owned Hong Kong Investment Corporation (HKIC), which manages HK$62 billion (US$8 billion) of funds, plans to debut a conference for young emerging artificial intelligence (AI) scientists, as the city strives to become a bridge between China and the world amid growing Sino-US technology rivalry. HKIC on Wednesday said it was organising an International Young Scientist Forum on Artificial Intelligence as part of its push to facilitate interactions and knowledge-sharing between technology companies and local primary and secondary school pupils. The event will be hosted with the support of the Beijing Academy of Artificial Intelligence. Also known as the Zhiyuan Institute, the non-profit organisation promotes nationwide AI research collaboration and was visited by Chinese Premier Li Qiang last year. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Hong Kong's Financial Secretary Paul Chan Mo-po, who unveiled his latest fiscal plan on the same day, said the forum sought to "promote research of AI technology and its development as an industry, including open-source technology, in particular, the design and application of the open‑source chip architecture RISC‑V". China has doubled down on RISC-V to cut reliance on foreign technologies, as the US tightens semiconductor-related export restrictions to curb AI advancement by its geopolitical rival. A robot dog seen at an exhibition in Hong Kong. Photo: Jelly Tse alt=A robot dog seen at an exhibition in Hong Kong. Photo: Jelly Tse> HKIC is also set to launch an International Conference on Embodied AI Robot, which aims to bring together leading technology companies, academic institutions and investors to showcase research outcomes and potential application scenarios. Embodied AI refers to the application of AI in physical systems, such as robots, that can perceive and interact with the environment through sensors. The AI and robotics forums would help enhance Hong Kong's international influence in AI applications and relevant areas, and facilitate traditional industries to explore how to leverage technology more broadly to enhance productivity and launch new services, HKIC said. HKIC did not immediately respond to a request for further details about the forums on Thursday. As tensions grow between Beijing and Washington, Hong Kong is shifting towards a technology-driven economy to align with national strategic goals, with major investments planned for AI. Hong Kong Financial Secretary Paul Chan Mo-po, left, and Secretary for Financial Services and the Treasury Secretary Christopher Hui attend a press conference on Wednesday. Photo: Sam Tsang alt=Hong Kong Financial Secretary Paul Chan Mo-po, left, and Secretary for Financial Services and the Treasury Secretary Christopher Hui attend a press conference on Wednesday. Photo: Sam Tsang> Recent breakthroughs achieved by mainland Chinese AI start-up DeepSeek have also renewed hopes that the country could change its fate in spite of US hostilities. "Hong Kong has been a key point for engagement between the global and Chinese AI ecosystems," said Choi Joon-nak, an adjunct associate professor at the Hong Kong University of Science and Technology who studies the intersection of business and technology. "Such events create rare opportunities for local, mainland and international leaders in AI to discuss key issues such as AI governance with each other, which is important because these issues potentially extend beyond the borders of any one country." Hong Kong, which is struggling with an estimated deficit of HK$87 billion in the 2024-25 financial year, announced it had set aside HK$1 billion to establish the Hong Kong AI Research and Development Institute. The institute is slated to open by the 2026-27 financial year, according to a source. Technology development and applications would not only drive economic growth, but also "provide increased support to the long-term development of AI, benefiting the public and society directly", said Clara Chan Ka-chai, chief executive at HKIC. HKIC was established following the 2022 policy address by the city's leader John Lee Ka-chiu. One of its goals is to encourage technology companies to use Hong Kong as their development base. The team has identified three key investment themes, with hardware technologies such as AI and semiconductors, including RISC-V, being one of them. This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2025 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved.
