MGM Discoveries Art Prize
The inaugural MGM Discoveries Art Prize has been awarded to a South Korean artist for her installation Ew! There’s hair in the food!, which delves into the hard lives of women in high-pressure service and corporate sectors. It’s part of the HK$3.2 million exhibition, now running at the Hong Kong Convention and Exhibition Centre, until 30 March.
Organised by HK charity organisation Generocity, this HK$5,000 prize will be awarded to a proposal that best demonstrates how Hong Kong can make use of its strengths in international development, shape its role on the global stage, and make a real difference on the world’s most pressing challenges. It is open to individuals and organisations based in Hong Kong or overseas.
In the first year of the prize, a total of nine entries were received from different sectors, including NGOs, social enterprises, corporations and government bodies. The winners were chosen by an expert panel based on their impact, effectiveness and value for money. The winning projects will be implemented this year.
The second year of the hk prize will be opened in 2024. It is expected to be even bigger, with a total prize pool of over HK$100 million. It will be a great opportunity for local people to participate in the prestigious international award, and have their work recognised by experts from all over the world.
Winners of the hk prize will be selected in the fall of 2024 and will receive a trophy, a certificate, and a cash prize of HK$1 million. The first prize winner will also be invited to present their project to an audience of business, political and cultural leaders at a gala dinner in Beijing.
Hong Kong is believed to be handing out the most Olympic prize money of any region, similar to what Singapore and Chinese Taipei will offer for the Tokyo Games in 2020. Epeeist Vivian Kong Man-wai and foilist Cheung Ka-long, swimmer Siobhan Haughey and taekwondo fighter Joshua Wong are among those who have already pocketed hefty rewards.
The HK$118 million in prize money on offer for the 2019-20 season underscores the importance of attracting and rewarding the world’s best horses, trainers and jockeys. PP Bonuses for Class 2 and Class 3 races will rise by 8 percent, while those for Class 1 races over 1600m and up are increasing by 7.1 percent.
Sergio Garcia was the runaway winner of this week’s LINK Hong Kong Open, claiming a $4 million payout from the $20 million prize purse. He was joined by his Fireballs GC team of Abraham Ancer, David Puig and Luis Masaveu. The runner-up, Dean Burmester of Stinger GC, earned $220,000. All four teams were in the top-10, giving the event its highest ever total.