Exco Approves Controversial Peak Land-swap Deal
"); jQuery("#212 h3").html("

"); });
2018-03-27 HKT 18:18
The Executive Council on Tuesday approved a land-swap deal on The Peak which will clear the way for a development on a piece of green belt land next to Aberdeen Country Park.
The green belt site is being exchanged for the adjacent 23 Coombe Road property, which houses the Grade-1 historical building the Carrick.
Conservationists had opposed the deal, saying it could lead to environmental damage and might set a dangerous precedent. They also said the government's policy for saving historical buildings is flawed.
Exco also approved the rezoning of the green belt plot for residential purposes.
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
