Hong Kong Today

The podcast delves into the government's shift towards sustainable taxation, addressing both development and affordable housing. It debates controversial airport and land departure taxes while highlighting AI initiatives aimed at research enhancement. Medical training spots are on the rise, although resource constraints remain a challenge. Public transport fare adjustments reflect an effort to support disadvantaged groups. Additionally, discussions on geopolitical issues reveal significant business support and international cooperation efforts, touching on cultural restitution and the Oscars amidst global tensions.

An expert discusses the financial secretary's budget proposals, addressing Hong Kong's looming $100 billion shortfall. They explore potential spending cuts and revenue increases, examining how these choices impact civil service pay and crucial sectors like healthcare and education. The conversation also touches on proposed tax changes, the vibrant yet struggling tourism industry, and a call for better vocational training to inspire youth about career options. It's a deep dive into fiscal challenges and their broader socio-economic effects.

New laws in Hong Kong mandate child safety seats for kids under eight, emphasizing their importance for travel safety. CLP Holdings reports a massive profit surge while committing to green energy initiatives. Meanwhile, Baptist University proposes a unique medical school, blending Western and Eastern medicine. Reflections on the Ukraine war highlight its enduring impact, complemented by stories from civilians. Lastly, Alibaba plans major investments in AI and cloud technology, amid a crackdown on telecom fraud in China.

The opening ceremony of Kai Tak Sports Park is set for March 1st, emphasizing accessibility for underprivileged families. A global handball tournament is on the horizon, paired with a major conference on sports law addressing arbitration and digital integration in healthcare. Recent toll adjustments face mixed reactions from lawmakers, while the real estate market sees implications for mental health. Geopolitical tensions are highlighted by a key meeting between Ukraine and U.S. officials, alongside efforts to tackle humanitarian crises worldwide.

Janice Lowe, a reporter focused on the taxi industry, discusses the recent cancellation of a planned strike against illegal ride-hailing services in Hong Kong. She elaborates on the ongoing dialogue between taxi representatives and transport officials, who are striving to regulate unlicensed operators. Janice further explores the challenges faced by traditional taxis amid rapid technological advances, emphasizing the need for effective legislation. The conversation highlights implications for driver flexibility and passenger safety in a rapidly evolving transportation landscape.