Hong Kong soars in World Talent Ranking 2024
The International Institute for Management Development (IMD) published the World Talent Ranking 2024 today (September 19). Hong Kong's ranking rose visibly to nine, from 16 last year, returning to the top 10 for the first time since 2016.
Hong Kong improved across all three talent competitiveness factors in the Ranking as compared to last year. Its position rose from six to four in "readiness", and from 15 to 13 in "investment and development". Hong Kong's ranking in "appeal" also rose from 32 to 28. Among the indicators, Hong Kong topped the ranking in the percentage of graduates in sciences, and was among the global top five in the availability of finance skills, effectiveness of management education and remuneration of management.
A Government spokesperson said, "The return of Hong Kong to amongst the top 10 in the IMD's Ranking is clear evidence that the work of the Hong Kong Special Administrative Region (HKSAR) Government in education and talent admission has made remarkable achievements. Hong Kong has a sound education infrastructure, world-renowned universities and outstanding research talent. The quality of our teaching and learning is ranked among the top in various international comparative studies. Moreover, the HKSAR Government announced in the 2022 Policy Address an array of admission measures to entice global talent to come to Hong Kong. These include the launch of the Top Talent Pass Scheme, which targets high-income talent and graduates from the world's top universities, as well as enhancement of various talent admission schemes to trawl for outside quality talent to enrich the local talent pool."
The spokesman said, "The Chief Executive's 2023 Policy Address has set out clearly the strategic directions and objectives for enhancing the quality of education in Hong Kong, with a view to developing Hong Kong into an 'international post-secondary education hub and a cradle of future talent', nurturing a diversified talent pool, and enhancing Hong Kong's development momentum while promoting people-to-people exchanges and contributing to national development. On the other hand, as at end-August this year, over 360 000 applications were received under various talent admission schemes, with nearly 230 000 applications approved. During the same period, over 150 000 people of talent arrived in Hong Kong through various talent admission schemes. The arrivals of outside quality talent and their family members boost Hong Kong's labour force and inject new momentum into our local economy. The HKSAR Government established the Hong Kong Talent Engage in end-October 2023 to provide one-stop support services to incoming talent to enable their settlement in Hong Kong."
Auction of personalised vehicle registration marks to be held on October 27
The Transport Department (TD) today (October 9) announced that an auction of personalised vehicle registration marks (PVRMs) will be held on October 27 (Sunday) in Meeting Room S421, L4, Old Wing, Hong Kong Convention and Exhibition Centre, Wan Chai.
"A total of 240 approved PVRMs will be put up for public auction. A list of the marks has been uploaded to the department's website, www.td.gov.hk/en/public_services/vehicle_registration_mark/index.html," a department spokesman said.
The reserve price of each of these marks is $5,000. Applicants who have paid a deposit of $5,000 should also participate in the bidding (including the first bid at the reserve price). Otherwise, the PVRM concerned may be sold to another bidder at the reserve price.
People who wish to participate in the bidding at the auction should take note of the following points:
(1) Bidders are required to produce the following documents for completion of registration and payment procedures immediately after successful bidding:
(i) the identity document of the successful bidder;
(ii) the identity document of the purchaser (if the purchaser and the successful bidder are different persons);
(iii) a copy of the Certificate of Incorporation (if the purchaser is a body corporate); and
(iv) a crossed cheque made payable to "The Government of the Hong Kong Special Administrative Region" or "The Government of the HKSAR". For an auctioned mark paid for by cheque, the first three working days after the date of auction will be required for cheque clearance confirmation before processing of the application for mark assignment can be completed. Successful bidders may also pay through the Easy Pay System (EPS), but are reminded to note the maximum transfer amount in the same day of the payment card. Payment by post-dated cheque, cash, credit card or other methods will not be accepted.
(2) Purchasers must make payment of the purchase price through EPS or by crossed cheque and complete the Memorandum of Sale of PVRM immediately after the bidding. Subsequent alteration of the particulars in the Memorandum will not be permitted.
(3) A PVRM can only be assigned to a motor vehicle which is registered in the name of the purchaser. The Certificate of Incorporation must be produced immediately by the purchaser if a vehicle registration mark purchased is to be registered under the name of a body corporate.
(4) The display of a PVRM on a motor vehicle should be in compliance with the requirements stipulated in Schedule 4 of the Road Traffic (Registration and Licensing of Vehicles) Regulations.
(5) Any change to the arrangement of letters, numerals and blank spaces of a PVRM, i.e. single and two rows as auctioned, will not be allowed.
(6) The purchaser shall, within 12 months after the date of auction, apply to the Commissioner for Transport for the PVRM to be assigned to a motor vehicle registered in the name of the purchaser. If the purchaser fails to assign the PVRM within 12 months, allocation of the PVRM will be cancelled and arranged for re-allocation in accordance with the statutory provision without prior notice to the purchaser.
"Upon completion of the Memorandum of Sale of PVRM, the purchaser will be issued a receipt and a Certificate of Allocation of Personalised Registration Mark. The Certificate of Allocation will serve to prove the holdership of the PVRM. Potential buyers of vehicles bearing a PVRM should check the Certificate of Allocation with the sellers and pay attention to the details therein. For transfer of vehicle ownership, this certificate together with other required documents should be sent to the TD for processing," the spokesman added.
For other auction details, please refer to the Guidance Notes - Auction of PVRM, which is available at the department's licensing offices or can be downloaded from its website, www.td.gov.hk/en/public_services/vehicle_registration_mark/pvrm_auction/index.html.
