ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Communications Association of Hong Kong supports the initiatives on communications industry in the Chief Executive's 2023 Policy Address



HONG KONG, Oct 25, 2023 - (ACN Newswire) - Communications Association of Hong Kong (CAHK) fully supports the Chief Executive's 2023 Policy Address, in particular Strengthening Hong Kong's role as a regional communications hub.

CAHK welcomes the Hong Kong SAR Government's planning in the four specific areas:   (1) "Further enhance the overall coverage of 5G network by expediting the expansion of mobile network infrastructure in rural and remote areas, making more 5G spectrum available to mobile network operators through auctions and co-ordinating with relevant organizations to enhance the 5G network capacity at major public event venues, e.g. Central Harbourfront Event Space, Hong Kong Coliseum, Hong Kong Convention and Exhibition Centre, AsiaWorld-Expo, etc."  (2) "Continue with the legislative amendment work by introducing an amendment bill of the Telecommunications Ordinance into the LegCo by end-2023 and revising the relevant guidelines to ensure that appropriate space will be made available in new buildings for the installation of telecommunications facilities by mobile network operators."  (3) "Continue to strive to assist mobile network operators in installing radio base stations, including opening up some 1 500 government premises for such installation by the operators."  (4) "Continue to provide fi­nancial incentives to encourage ­fixed network operators to extend ­fibre-based networks to 235 villages in remote areas, with a view to progressively completing the relevant works by 2026."

CAHK is also pleased to see that the issue of the labor force has been addressed by including the establishment of the Hong Kong Institute of Information Technology in the Policy Address. This initiative is of great significance as it aims to nurture local talents in the information technology sector, which will contribute to sector's long-term growth and sustainability.

CAHK actively participated in the Consultation Section of Policy Address 2023, contributing insights and recommendations. We are pleased to see that the Policy Address incorporates a significant portion of our input, reflecting the government's receptiveness to stakeholders' perspectives.

As an industry association, CAHK remains dedicated to actively engaging in policy discussions and collaborating with the government. We strive to create an environment that fosters innovation, enhances connectivity, and reinforces Hong Kong's position as a regional leader in the communications field.

About Communications Association of Hong Kong

CAHK is a non-profit making organisation incorporated in Hong Kong on 27 May 1983 following the announcement of deregulation of local communication products and services. It is the association for Hong Kong's communications industries, with responsibilities across broadcasting, wireline and wireless communications, and other sectors in information communications technology.

For more information, please visit:  www.cahk.hk

This press release is distributed by Communications Association of Hong Kong.

For enquiries, please contact:

Communications Association of Hong Kong

Ms. Peggy Jor, General Manager

Tel: (852) 2504 2732

Fax: (852) 2504 2752

Email: info@cahk.hk

]]>

Source: Communications Association of Hong Kong

Copyright 2023 ACN Newswire . All rights reserved.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.