Govt Moots Easing Of TV, Radio Licensing Rules
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1381691_1_20180220180057.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1381691-20180220.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1381691-20180220.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-02-20 HKT 17:08
The government has suggested relaxing some rules regarding the ownership of television and radio licences to attract investment and modernise the sector.
In a three month public consultation into the city's Broadcasting and Telecommunications Ordinances launched on Tuesday, the authorities indicate they believe that a ban on acquiring new broadcasting licences should be limited to those who already hold free-TV, pay-TV or radio licences.
The bar on other media organisations like newspaper owners, advertising agencies and other media businesses, should be removed, they said.
The administration said it believes that other key regulatory frameworks, like foreign ownership, should stay. It is also looking to introduce more flexibility for licencees when it comes to their other businesses.
The proposals come at a time when traditional broadcasters face increasing competition from online platforms.
Commerce Secretary Edward Yau said the government will take into account all views before arriving at decisions.
The public consultation ends on May 19.
OCBC Hong Kong Names New Wholesale Banking Head And Chief Risk Officer
OCBC Hong Kong has appointed Angus Tsang as its new Head of Wholesale Banking and Stanley Sze-To as Chief Risk Officer,... Read more
InvestHK Launches Global Fast Track 2026 With 8 Verticals And New Features
Invest Hong Kong (InvestHK) announced that applications are now open for the ninth edition of the Global Fast Track (GF... Read more
Futu Reports HK$5.9B Q1 2026 Revenue Amid China Regulator Fine, Web3 Push
Futu has reported a 25% year-on-year increase in total revenues to HK$5.90 billion for the first quarter of 2026, along... Read more
TransUnion Names Avishek Ghosh As Chief Data And Analytics Officer For APAC
TransUnion has appointed Avishek Ghosh as its Chief Data and Analytics Officer for APAC. Based in Hong Kong, Ghosh will... Read more
Standard Chartered Introduces Institutional Crypto Custody In Hong Kong
Standard Chartered has entered into an institutional custody arrangement with fintech firm SOLOWIN HOLDINGS (AXG), mark... Read more
HKMA Calls On Banks To Offer Basic Banking Access To Higher-Risk Customers
The Hong Kong Monetary Authority (HKMA) has issued new guidelines urging authorised institutions to offer basic banking... Read more