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Civil Aid Service holds parade

The Civil Aid Service (CAS) held the Celebration of the 25th Anniversary of the Establishment of Hong Kong Special Administrative Region and CAS 70th Anniversary Parade today at the Police College.   Chief Secretary Chan Kwok-ki officiated at the ceremony and acted as the reviewing officer for the parade.   To demonstrate national identity and patriotic sentiment for the motherland, the CAS has fully adopted from today, the Chinese-style foot drill that requires exacting standards, and demonstrated the drill's protocols for the first time in the parade.   As an auxiliary force under the Security Bureau, the CAS has been honouring the pledge of "provide emergency relief, serve the community" and has been rendering immediate assistance during emergencies to protect Hong Kong citizens.   During the COVID-19 epidemic, the CAS has remained steadfast on the front line of the anti-epidemic operations by rapidly assisting in setting up a number of community isolation faci

Business fund upgraded

The Trade & Industry Department today announced enhancement measures for the Dedicated Fund on Branding, Upgrading & Domestic Sales (BUD Fund) in support of enterprises’ business development to be rolled out in three phases from tomorrow.   The BUD Fund’s geographical scope will be broadened progressively from 20 economies with which Hong Kong has signed Free Trade Agreements to 37 economies with which Hong Kong has signed Free Trade Agreements and/or Investment Promotion & Protection Agreements.   In the first phase starting tomorrow, the BUD Fund will additionally cover Japan and Korea, and the cumulative funding ceiling per enterprise will be increased from $4 million to $6 million.   The department noted that the enhancements will further help enterprises develop more diversified markets by utilising the better investment protection under the Investment Promotion & Protection Agreements. More funding support will also be provided for enterprises to capture the business opportunities brought about by the country’s dual circulation development strategy.   Call the fund's secretariat at 2788 6088 for enquiries.
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