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As cost-conscious consumers, we are all deeply interested in knowing how far we can stretch our dollars-and whether we are getting value for all the money we are spending.
The ceremonial banging of a gong by CityU President Professor H K Chang and Professor Wang Gungwu heralded the official opening of Hong Kong's first formal institute dedicated to research on Southeast Asia on 27 February. Guests, including the Consuls-General of Indonesia, the Philippines, Malaysia, Singapore and Myanmar, and the Deputy Commissioner of the Chinese Ministry of Foreign Affairs, packed the SCOPE Lecture Theatre for the inauguration of the Southeast Asia Research Centre (SEARC).
The "age wave" has already hit Hong Kong. Government statistics show that the population ratio of those who are aged 65 and above, currently 11%, will rise rapidly. The average life span will also be considerably extended. Most people will probably have 10 or even 20 more years to live after retirement, assuming the retiring age to be 60. These two demographic changes in combination are set to have a profound impact upon individuals, families and society.
Prof Roderick Wong, Director of the Liu Bie Ju Centre for Mathematical Sciences, and Professor Yang Lo, Director of the Academy of Mathematics and Systems Sciences of the Chinese Academy of Sciences, have signed a cooperation agreement.
More than 60 colleagues and admirers packed CityU's Neptune Room to witness the official ceremony dedicating Minor Planet 10287 to Distinguished University Professor Stephen Smale.