Revamp Plan Will Get Green Light From Exco: CE
"); jQuery("#212 h3").html("

"); });
2022-05-17 HKT 11:33
Chief Executive Carrie Lam said on Tuesday that she is confident the Executive Council will approve government restructuring plans largely based on her initial suggestions, after receiving broad support from society and her successor John Lee.
Lam earlier proposed setting up a new bureau to oversee culture, sports and tourism, splitting the Transport and Housing Bureau into two, and getting the Home Affairs Bureau to look after youth and district affairs.
"John Lee felt that he agreed with the entire package... but I can also tell you that there will be other proposals, it would not be just the set of proposals put forward by the current term of government," Lam told reporters ahead of the Exco meeting.
"This is only natural, because each chief executive will have his own governance style, and having regard to the aspirations of people and the priorities he has set for the next five years, it is only natural for him to come up with more ideas on how to restructure the government."
But Lam said she is not in a position to say which current principal officials might stay on in the incoming administration.
"My job is to facilitate the approval for a new government structure, I'm not involved in identifying the candidates to fill the various positions in the political team. Whether that could be done in time, I don't know, you have to ask the chief executive-elect," she said.
"But it will be very unusual to invite the existing politically appointed officials just to fill the gap and stay on for a few months, because they are not civil servants. Their term is entirely my term, it's a five-year term. I hope that would not be the situation, and I have every confidence that John [Lee] should be able to find all the right people to fill the various positions."
FWD Group Announces Board Changes With 3 New Appointments
FWD Group, a multinational insurance company based in Hong Kong, has announced the appointment of Andrew Weir, Dominic ... Read more
Standard Chartered, Animoca And HKT Launch HKD Stablecoin Joint Venture
On 17 February 2025, Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT announced their partn... Read more
APAC Remitters, Be Ready For A New Era In Cross-Border Money Movement
With its estimated US$1.6 trillion in cross-border payments, the APAC region is poised to benefit significantly from th... Read more
HashKey Group Secures $30M Investment From Chinese Tech Investor Gaorong Ventures
Gaorong Ventures, an early backer of major Chinese internet firms like Meituan and PDD Holdings Inc., has made a $30 mi... Read more
Aspire Launches Visa Corporate Card For Hong Kong SMBs
Aspire, a Singapore-based fintech company, has introduced a Visa corporate card designed for small and medium-sized bus... Read more
How Can Banks Maintain Growth Momentum In The AI Everywhere Era?
Asian banks need technology investments such as AI to continue their growth momentum. The industry is robust, with 19 o... Read more