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'Silver economy' panel set up

The Commerce & Economic Development Bureau today established the Advisory Panel on Silver Economy and convened its first meeting with the aim of initiating research on the development of Hong Kong’s growing elderly population as a consumer segment.    Chairing the panel, Secretary for Commerce & Economic Development Algernon Yau said the elderly demographic was emerging as an important part of the city’s economy.    He highlighted that many products and services designed to enhance the quality of life enjoyed by elderly residents are spurring growth and business opportunities.    Mr Yau added that promoting such products and services can help to foster the development of the so-called silver economy and unleash business potential in the elderly market, whilst also catering to the aspirations and needs of elderly people. He said this would be the advisory panel’s focus.     At today’s meeting, the panel endorsed its terms of reference, reviewed statistics relating to

Govt facilitates media operations

(To watch the full media session with sign language interpretation, click here.)   The Government will continue to facilitate the operation of overseas media organisations in Hong Kong, Chief Executive Carrie Lam said today.   She made the remarks ahead of the Executive Council meeting this morning in response to media questions about a journalist at The Economist whose working visa in the city was not renewed.   While noting that she would not comment on individual cases, Mrs Lam said the issue of visas falls under the autonomy and discretion of any government.   "It is always the discretion of the Director of Immigration to decide on the circumstances of each case, to decide whether they would grant a visa or extend a visa or impose certain conditions on a visa."   She also emphasised that Hong Kong has all along opened its door for overseas media.   "Hong Kong is an international city and we are very proud of being a hub for overseas media.   "I am sure you know that we have a large number of overseas media based in Hong Kong, some of them are using Hong Kong as their regional base to operate in the Asia-Pacific region. So, we will continue to facilitate their stay, their operation, their employment in Hong Kong in accordance with our policy.   "And of course, we now have also a piece of law, called the National Security Law. So, in all aspects of the government activities, national security is clearly a very important consideration."
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