Hong Kong’s Secretary for Culture, Sports, and Tourism, Rosanna Law Shuk-pui, has set an ambitious target of attracting more than 50 million visitors to the city by the end of 2026. Law expressed confidence in surpassing this milestone, citing an optimistic outlook for tourist arrivals during the upcoming Lunar New Year “golden week” holiday in mainland China, which falls between February 15 and 23 this year.
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According to a report by the South China Morning Post, Law highlighted the potential for a year-on-year increase in tourist numbers during the festive period. This positive projection comes amidst efforts to revitalize Hong Kong’s tourism sector, which has been severely impacted by the COVID-19 pandemic and ongoing social unrest.
In a bid to attract more visitors, Hong Kong has been implementing various initiatives to enhance its appeal as a travel destination. These efforts include promoting cultural events, sports activities, and tourism offerings to entice both domestic and international travelers.
On the financial front, Oracle Corporation, a multinational technology company, has announced plans to raise between $45 billion to $50 billion in debt and equity in 2026. This move is part of Oracle’s strategic financial planning to support its operations and growth objectives in the coming years.
Meanwhile, a Toronto man, Ramanan Pathmanathan, has pleaded guilty to the online exploitation of over 100 girls in the United States. Pathmanathan admitted to using a fake online persona to target children through social media platforms, as reported by the U.S. Justice Department. This case underscores the ongoing challenges posed by online predators and the importance of safeguarding children in the digital realm.
In another development, Hong Kong’s financial regulator is aiming to issue the first stablecoin licenses by March, signaling the city’s growing interest in digital currency innovation and regulation.
As these diverse stories unfold, it is evident that the global landscape is marked by a mix of economic ambitions, legal challenges, and technological advancements. The intersection of tourism goals, financial strategies, legal proceedings, and regulatory frameworks underscores the multifaceted nature of contemporary society.
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References:
1. “Hong Kong tourism chief targets more than 50 million visitors in 2026” – South China Morning Post [https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3341996/hong-kong-tourism-chief-targets-more-50-million-visitors-2026?utm_source=rss_feed]
2. “Oracle plans to raise $45 billion to $50 billion in 2026” – Channel News Asia [https://www.channelnewsasia.com/business/oracle-plans-raise-45-billion-50-billion-in-2026-5899836]
3. “Toronto Man Pleads Guilty to Online Exploitation of More than 100 Girls in US” – USNN News [https://www.usnn.news/toronto-man-pleads-guilty-to-online-exploitation-of-more-than-100-girls-in-us/]
4. “Hong Kong regulator targets March for first stablecoin licences” – Channel News Asia [https://www.channelnewsasia.com/business/hong-kong-regulator-targets-march-first-stablecoin-licences-5900056]
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