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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

Alert issued on fake video

The Government today warned the public not to trust a fake video created using artificial intelligence being circulated online about an investment plan with high returns purported to be recommended by the Chief Executive.

 

It clarified that the video is totally fictitious with fraudulent intent and strongly condemned those who attempted deception in the name of the Chief Executive.

 

The Government reminded members of the public to not be taken in by similar investment-related advertisements or promotional videos and not provide their personal information online, sign up for mobile applications or open any links.

 

People should remain vigilant and verify the authenticity of such content, it added.

 

The incident has been referred to Police for investigation.


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