Author Archives: hksar gov

     The Hong Kong Flower Show 2025 (HKFS) will be held at Victoria Park from tomorrow (March 14) until March 23, running from 9am to 9pm daily. This year’s flower show features cosmos as the theme flower and “Ablaze with Glory” as the main theme.
 
     The vigorous cosmos comes in an array of vibrant colours symbolising tenacity and bliss. This year’s theme flower wall features six bouquets of cosmos models, each ranging in diameter from 1.4 to 2.1 metres. Embedded with colourful orchids and carnations, the flower wall brings exuberance and vitality to the show. The layered design of the theme flower wall, set against the vibrant colours of around 10 000 tulips in front, creates a feast for the eyes.
 
     There will also be meticulously designed landscaped displays along the showground axis with a world tour theme. The Grand Journey across Europe landscape features an English garden, a Dutch windmill, a Greek-style hut, and a French lavender field, while the Wonders of Africa, a parterre of the Jockey Club Mosaiculture Display by Students, features adorable installations made of cut flowers showcasing animals such as a gorilla, a hippopotamus, a camel, and a giraffe. Members of the public can enjoy the beauty of the Himalayas, Mount Kinabalu of Malaysia, Mount Fuji of Japan, the Temple of Heaven in Beijing, and the Supertree Grove in Singapore in the “Travelling around Asia” landscape. Afterwards, visitors can embark on “An Adventure to the Americas” to experience the culture and heritage through installations such as a Maya pyramid, Easter Island statues, and Western cowboys.
 
     To celebrate the upcoming 15th National Games, the 12th National Games for Persons with Disabilities, and the 9th National Special Olympic Games, the flower show has specially designed a garden plot entitled “Joyful Vibrancy Around Town”. Featuring five crescent-shaped art installations inspired by sports, the plot is adorned with cosmos of different species and colours, creating a delightful atmosphere. Members of the public can also take photos with the event mascots “Xi Yang Yang” and “Le Rong Rong” in front of a wall banner for the National Games.
 
     Another floral display, “A Gifts of Nature”, resembles a giant gift box filled with mesmerising flowers. As night falls, the gift box is illuminated with soft lights, creating a romantic ambiance. Another highlight is the special plant exhibits displaying rare flowering plants such as purple bells, gold finger plant, blue potato vine, and sandpaper vine (white flower), in addition to a selection of foliage plants from the Marantaceae family.
 
     An exhibition booth displaying artworks by the nonagenarian local artist Fapopo (Flower Granny) is set up in the showground. Fapopo uses everyday household items such as Chinese woks, folding chairs, and plastic basins as her canvas, and her creations are vibrant and colourful with childlike energy. Other attractions include the intriguing “The Giant Teapot in Miniature World” display inside the floral marquee, panda-themed photo-taking spots, and a giant bouncy slide (opening hours: 10am to 6pm on Saturdays and Sundays) at the Central Lawn.
 
     The show also showcases a rich profusion of potted plants, floral arrangements, and landscape displays by local, Mainland China, and overseas organisations. Commercial stalls will be set up to sell snacks, beverages, flowers, and horticultural products. A vast range of educational and recreational fringe activities, such as floral arrangement demonstrations, gardening lectures, music, and cultural performances, will be offered for visitors of all ages. This year, busking street performances and floral art demonstrations for home are added to the activities lineup.
 
     A total of 238 organisations, including 81 exhibitors from 11 countries, namely Mainland China, Japan, Indonesia, Korea, Pakistan, the Philippines, Singapore, Vietnam, Poland, Malaysia and the United States, will be taking part in the show.
 
     For more details of the flower show and its admission fee arrangements, please visit the event webpage: www.hkflowershow.hk/en/hkfs/2025/index.html or call the enquiry hotline at 2601 8260.
 
     The HKFS is organised by the Leisure and Cultural Services Department. The Hong Kong Jockey Club Charities Trust has supported the Flower Show since 2013 and has been its major sponsor since 2014.

                  

     Police are investigating a fatal traffic accident in Mong Kok today (March 13) in which a man died.      At about 2.10pm, a light goods vehicle (LGV) driven by the 44-year-old man was travelling along the… read more

The following is issued on behalf of the Legislative Council Secretariat:

     The Legislative Council Secretariat (the Secretariat) today (March 13) released a Research Brief on “The 2025-2026 Budget”.
 
     The Financial Secretary (FS) presented the third Budget of the current-term Government on February 26, 2025. Even though the revenue from profits tax and salaries tax has increased, the continued plunge in land-related revenue amidst ongoing property market corrections, along with further growth in public expenditure on infrastructural investment and health services, as well as other factors, led to another fiscal deficit of HK$87.2 billion for the 2024-2025 fiscal year. The fiscal reserves have declined to HK$647.3 billion, representing a cumulative reduction of 45 per cent in six years.
 
     To tackle the fiscal deficit, FS unveiled the “reinforced” fiscal consolidation programme, aiming to trim down the deficit by 23 per cent to HK$67 billion or 2 per cent of GDP in the 2025-2026 fiscal year. The programme covers a number of revenue-generating initiatives worth of some HK$20.2 billion per annum and cost-saving initiatives worth of some HK$113.4 billion across the next few years (see Annex 1). FS expected that the overall fiscal balance will revert to surplus three years later in the 2028-2029 fiscal year.
 
     The Research Brief highlighted several key consolidation initiatives in the Budget. Amongst the initiatives, FS planned to freeze the pay of civil service. Assuming a 3 per cent increase in market wages, the potential savings are about HK$8.7 billion. The Budget also proposed to cut the civil service establishment by about 10 000 posts in two years. However, the downsizing seems to have limited manpower savings since the current civil service establishment exceeds the actual number of civil servants by 18 900 and therefore, most of the 10 000 posts would not have been filled regardless of the post deletion policy.
 
     In addition, there are public calls to review the efficiency of civil service. The Research Brief compared the size of the civil service in advanced economies in the Asia-Pacific region and found that Hong Kong’s civil service accounted for 4.7 per cent of the total workforce in 2023, higher than that of South Korea, Singapore and others (see Annex 2). Based on recent experiences in several Asian economies, artificial intelligence holds significant potential to enhance civil service efficiency.
 
     Another cost-cutting measure of this year’s Budget was the proposed fine-tuning of the Government Public Transport Fare Concession Scheme for the Elderly and Eligible Persons with Disabilities ($2 Scheme). The fine-tuning included putting a cap on the number of subsidized trips to optimize the use of government subsidy. However, the cost savings of HK$680 million per annum seems to be insignificant. The Research Brief examined similar fare concession schemes in 12 selected cities across the world, noting that the fine-tuned $2 Scheme fares well in terms of generosity, particularly so for persons aged 60 to 64 as only four of the cities offer concessionary fares to them. The rest do not offer any fare concessions to this aged group, conceivably because a majority of them are still capable of working (see Annex 3).
 
     On the revenue side, FS unveiled the plan to issue more bonds with annual value from HK$150 billion to HK$195 billion in the next five fiscal years, with the tenure stretching from 3 to 5 years to longer duration to commensurate with long-term infrastructure projects such as the Northern Metropolis and for repaying short-term debts. Despite concerns over Hong Kong becoming a debt-laden economy, the city’s ratio of gross government debt to GDP was just 9 per cent in the 2024-2025 fiscal year, far lower than the average figure of 109 per cent of 37 advanced economies (see Annex 4). The Research Brief noted that economists and market analysts affirm debt financing is normal and positive for the economy if the proceeds are used for long-term investment.
 
     The Legislative Council (LegCo) will resume the Second Reading debate on the Appropriation Bill 2025 at its meeting of April 16 and Members will speak on the Bill.
  
     The Research Brief is prepared by the Secretariat’s Research Office of the Research and Information Division with a view to enhancing information support for Members. It is a concise summary aiming at explaining a subject matter which may be of interests to Members and the general public. The Research Brief is now available on LegCo website (app7.legco.gov.hk/rpdb/en/uploads/2025/RB/RB01_2025_20250313_en.pdf). read more

     According to the provisional results of a survey released today (March 13) by the Census and Statistics Department (C&SD), the index of industrial production for manufacturing industries as a whole increased by 1.0% in the fourt… read more

     The effective exchange rate index for the Hong Kong dollar on Thursday, March 13, 2025 is 106.3 (down 0.1 against yesterday’s index). read more