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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

JoyYou Card service centres to open

Four temporary service centres will be set up on January 3, 2022, to assist eligible people aged 60 to 64 to apply for the JoyYou Card, the Government announced today.   The card is also open for application for people reaching the age of 60 within three months.   The JoyYou Card is a personalised Octopus card tailor-made for the Government Public Transport Fare Concession Scheme for the Elderly & Eligible Persons with Disabilities.   People aged 60 to 64 must use the card to enjoy the $2 concessionary fare from February 27, 2022. So far about 516,600 applications have been received, representing about 85% of the population born between 1957 and 1961.   Eligible people who have yet to apply should submit their applications via the Octopus App before January 31.   The four temporary JoyYou Card Application Service Centres, set up by Octopus Cards Ltd, will start service from January 3 to help eligible people to submit applications or supplementary information.   The centres are located at room 3030, 30/F of Revenue Tower in Wan Chai, unit 1917-1918, 19/F of Pioneer Centre in Mong Kok, conference room, 2/F of Hin Keng Neighbourhood Community Centre in Tai Wai and unit 401B, 4/F of Tin Ching Amenity & Community Building in Tin Shui Wai.   The centres will be open Monday to Friday from 9am to 8pm and 9am to 1pm on Saturday.
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