We report on recent results on charmless hadronic and radiative rare $B_s^0$ decays, based on the data collected by the Belle experiment at the KEKB $e^+e^-$ collider. These include the studies of
$B_s^0\rightarrow K^0\bar{K^0}$, $B_s^0\rightarrow\phi\gamma$ and $B_s^0\rightarrow\gamma\gamma$.