The Culture, Sports & Tourism Bureau announced today the setting up of a co-ordination office to carry out planning and implementation work for the upcoming National Games, National Games for Persons with Disabilities and National Special Olympic Games. The National Games Coordination Office, led by three senior directorate officers, will work closely with the governments of Guangdong and the Macao Special Administration Region to co-organise the 15th National Games. The State Council announced in August 2021 that the 15th National Games are to be co-hosted in Guangdong, Hong Kong and Macau in 2025, the first time Hong Kong will have co-hosted the National Games. The three locations will also co-host the 12th National Games for Persons with Disabilities and the 9th National Special Olympic Games after the 15th National Games are held. The Hong Kong SAR Organising Committee of the 15th National Games was formed in May, with the Chief Executive a
The Housing Authority's Commercial Properties Committee today approved an extension of the 75% rent concession for eligible non-domestic tenants or licensees for another six months from October 1.
The move ties in with the Government's latest relief measures to sustain the support for businesses and individual sectors as announced by Financial Secretary on August 25.
During this rent concession period, the eligible non-domestic tenants or licensees may continue to apply for concession in full for the days during which their operations at the premises concerned have to be closed under the Government’s anti-epidemic regulations and directions.
To ensure prudent use of resources, the committee decided that supermarkets and superstores would be subject to tenants' application and proof of sales drop in this round of rent concession.
If the tenants of supermarkets or superstores suffer a sales drop during the extended rent concession period compared to that of the same period in the preceding year, concession at the same percentage will be provided to them upon application and production of sales drop proof, capped at 75%.
Eligible tenants or licensees of about 2,500 retail and some 3,300 factory premises, about 70 advertising signboards, around 40 tenancies of bus kiosks and about 4,200 carpark users will benefit from this round of rent concession.
The rent the Housing Authority has foregone for this round of extension is estimated to be around $660 million, while the total rent foregone by it from October 2019 to March 2022 is around $ 2.946 billion.
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