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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

Food waste recycling scheme opens

A pilot scheme opened today for private housing estates with a total household number of at least 1,000 units to apply for food waste smart bins.


Under the Pilot Scheme on Food Waste Smart Recycling Bins in Private Housing Estates, the Environmental Protection Department will arrange for contractors to install the food waste smart bins in participating housing estates and deliver the collected food waste to centralised treatment facilities every day, for treatment and conversion into electricity and compost.


The participating housing estates will be provided with domestic food waste buckets for distribution to residents for food waste collection.


The smart bins provided are equipped with overflow prevention and odour abatement devices to maintain a hygienic environment.


They are also connected to the GREEN$ Electronic Participation Incentive Scheme, allowing residents to earn GREEN$ points and redeem gifts by recycling food waste.


Together with the maintenance services, the pilot scheme will last for two years, free of charge.


To facilitate the implementation of Municipal Solid Waste Charging on April 1, 2024, the Environmental Campaign Committee provided funding support to the scheme to encourage residents to cultivate the habit of food waste recycling.


Click here for details.

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