Ocean Park Bill To Be Gazetted
An amendment bill which seeks to provide clear legal backing for the Ocean Park Corporation to take forward the park's future strategy will be gazetted on Friday.
The Government and the corporation started an exercise in the middle of last year to chart the park's way forward.
Under the future strategy announced early this year, Ocean Park will be transformed into a travel destination and leisure zone focusing on conservation and education, grounded in nature and complemented by adventure and entertainment elements to enhance visitors' experience.
The Government secured lawmakers' approval for the financial arrangements on March 19. The legislative amendment exercise is the next step to enable the corporation to take forward the future strategy.
The Ocean Park Corporation (Amendment) Bill 2021 will be introduced into Legislative Council for first and second readings on June 23.
US Stocks Rise On Hopes Of Pause In Rate Increases
Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more
China's Financial Risks 'controllable': Regulators
The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more
Banks Cut Yuan Deposit Rates, Could Boost Consumption
China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more
Cheese And Wine Put EU, Australia Deal In Peril
Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more
US Stocks End Mixed As Tech Shares Are Sold Off
Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more
Amazon 'plans Prime Video Streaming Service With Ads'
Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more