Frank Chan Hopeful Of XRL Bill Passing Next Week
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1394820_1_20180505140426.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1394820-20180505.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1394820-20180505.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-05-05 HKT 14:04
The Secretary for Transport, Frank Chan, said on Saturday he hopes the Legislative Council can pass the government’s co-location bill next week.
A Legco bills committee scrutinising the bill will meet on Monday, and pro-democracy lawmakers have put forward 30 amendments in a bid to stall its progress.
Chan said the amendments are irrelevant to the bill, which would allow mainland officers to operate and enforce mainland laws at the West Kowloon terminus of the cross-border high-speed rail link.
“I would very much hope the draft bill will be passed by early next week,” said Chan. “But I fully appreciate that the number of amendments being tabled by fellow members of the legislature are basically a show of their views and opinions rather than material to the implementation of the law in future.”
Opponents of the plan say allowing mainland officers to enforce national laws at the station will breach the Basic Law and this amounts to ceding land to the mainland.
Authorities say this arrangement is essential to make the new high-speed line convenient for passengers, and are hopeful it can begin operating in September.
Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access
Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more
HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site
The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more
Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects
The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more
Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China
At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more
HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus
The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more
How Gaming Giants Are Redefining The Experience Of Paying
Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more