Government Restructure Unrelated To Election: CE
"); jQuery("#212 h3").html("

"); });
2021-09-14 HKT 12:31
Chief Executive Carrie Lam said on Tuesday that her plan to restructure the government had nothing to do with whether she would run for a second term next year.
The CE earlier hinted that she planned to split the Transport and Housing Bureau and establish a new cultural bureau.
She told reporters at her weekly press conference that her administration would listen to different views and put forward a proposal to Legco for discussion after December's legislative election, before passing it to the next government.
She pointed out that the proposal was unlikely to go through during her term.
"Even if Legco passes the restructuring proposal, there will only be a few months left. Do we want the secretaries to change their posts and new secretaries to work for just a few months?" she asked.
"But of course, what if the next administration doesn't like the plan? Well, they can think about it again. This will be the job of the chief executive-designate. This work has nothing to do with whether I want to take part in the election."
Lam noted that there were no more filibusters at the Legislative Council, and lawmakers were willing to co-operate with the executive arm of the government.
She said, therefore, the administration should take the opportunity to do something that is good for Hong Kong's development.
Wise Hong Kong Business Account Now Available For SMEs To Manage Global Payments
Wise, a global technology company in international money management, launched its international business account in Hon... Read more
ChinaAMC HKD Digital Money Market Fund Debuts As Hong Kongs First Retail Tokenised Fund
OSL Digital Securities (OSL), a regulated digital asset platform and part of OSL Group (863.HK), announced the launch o... Read more
American Express And Alipay Team Up To Simplify Traveller Payments In China
American Express and Alipay introduced a new payment feature that allows eligible global American Express Card Members ... Read more
Alibaba Invests Over US$50 Billion To Drive AI And Cloud Expansion By 2028
Alibaba Group (9988.HK) revealed plans to invest over 380 billion yuan (US$52.44 billion) into its cloud computing and ... Read more
SFC IOSCO Asia-Pacific Meet-up Sets Roadmap For Sustainable And Secure Capital Markets
The Securities and Futures Commission (SFC) recently participated in a series of dialogues under the International Orga... Read more
WeLab Bank Accelerates AI Deployment With Deepseek To Enhance Efficiency
WeLab Bank has taken a significant step forward in its AI deployment strategy by exploring innovative solutions to enha... Read more