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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

Balanced approach to curbing virus

(To watch the full media session with sign language interpretation, click here.)   Chief Executive John Lee today said he has asked the Secretary for Health to review the current anti-epidemic measures, aiming to strike a balance between containing the virus spread and reducing the inconvenience to travellers.   Meeting the media this morning before chairing the first meeting of the new-term Executive Council, Mr Lee said the Secretary for Health is considering how the duration of quarantine should be handled.   “I am giving him time to look at the statistics so that he will formulate some options for me to consider.”   At the same time, the Government will strive to keep the COVID-19 pandemic under control and protect those who are more vulnerable to the virus, he noted.   “One of the important measures is to make good use of the polymerase chain reaction-based nucleic acid test so that we can be certain that we will be able to identify those who are infected early, separate them so that they will not be spreading the virus to other people.”
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