Concern Groups Claim Land Survey A Waste Of Time
"); jQuery("#212 h3").html("

"); });
2018-06-08 HKT 05:42
Critics are complaining that the government's online survey on land supply is misleading and biased.
The Land Supply Task Force has laid out 18 options in the survey as part of its ongoing five-month public consultation.
However, the environmental group Green Sense pointed out that of the 450 hectares of land the government says could be generated through reclamation, 90 percent isn't actually planned for housing.
The group said the misleading nature of the poll has made the whole consultation meaningless.
Tom Yam, a member of the Citizens Task Force on Land Resources, said the very make up of the government task force makes it biased .
"There are members of the task force with strong opinions on which way to go. And they're in a position to influence the task force.
"Let me give you an example: Mr Stephen Wong is a vice-chairman of Our Hong Kong Foundation, and he vehemently advertises the need for more land - 9,000 hectares - [and] more reclamation. And the task force includes those opinions.
"Within the task force, there are vested interests who strongly influence the selection of the recommendations when the citizens have no input."
Yam also likened the consultation to the chief executive election, in which people can choose but only from a small group of pre-selected candidates.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
