Govt To Pump Another HK$2bn A Year Into Education
"); 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_1383004_1_20180228181323.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/k2/1383004-20180228.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1383004-20180228.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-02-28 HKT 12:50
Financial Secretary Paul Chan on Wednesday said he planned to increase recurrent expenditure on education by another HK$2 billion, on top of the HK$5 billion already pledged by the Carrie Lam administration.
Chan said the extra spending will be aimed at achieving quality education, through enhancing the professional development of teachers, strengthening support for kindergartens, and supporting schools in enhancing the promotion of life-wide learning, or education in real-life settings.
Public schools will also be given HK$2 billion to install lifts to help make their campuses barrier-free.
HK$170 million will be spent on regularising a pilot scheme on promoting exchanges between schools in Hong Kong and the mainland, and more nurses will be provided for schools for children with disabilities.
There is also HK$800 million for the Gifted Education Fund in the coming financial year to enhance the development of gifted students, and another HK$800 million will be injected into the HKSAR Government Scholarship Fund to increase the number of scholarships starting from the 2019-2020 academic year.
To encourage more people to continue their studies, the subsidy ceiling of the Continuing Education Fund is to be doubled to HK$20,000 per applicant. The age limits for applicants will also be raised to 70, and the authorities will make it easier for people to apply.
Chan said around 610,000 people would benefit from the enhancements.
Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access
Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more
HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site
The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more
Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects
The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more
Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China
At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more
HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus
The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more
How Gaming Giants Are Redefining The Experience Of Paying
Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more