Expert Warns Of Higher Landslide Risks This Summer
"); jQuery("#212 h3").html("

"); });
2019-04-04 HKT 17:10
The Geotechnical Engineering Office says it’s recorded 253 landslides last year - up 66 percent from 2017 - and warns that the rise is set to continue.
The office's deputy head, Au Yeung Yan-sang, says the sharp increase is largely due to urbanisation, slope degradation and extreme weather.
While its virtually impossible to eliminate all risks, Au Yeung says it is important for landowners to ensure slope safety and check their own property every year.
The authorities say they've also inspected hundreds of man-made and natural slopes ahead of the rainy season.
“Regarding the extreme weather, definitely we are very concerned. We have developed some important strategy. While it is very difficult to predict when extreme events will occur, we need to closely monitor the weather conditions, particularly during the wet season. We have already established about 110 rain gauges to get the rainfall data”, Au Yeung said.
OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October
OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more
The Race For Hong Kongs First Stablecoin Licenses Is Almost Over
I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more
HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets
Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more
Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion
Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more
Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong
Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more
Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea
Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more