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.
Ripple GSmart Delivers Treasury-Native AI That Supports Human Control
Ripple has announced an expansion of GSmart, the treasury-native AI capabilities which are built into Ripple Treasury. ... Read more
Pam Kaur To Stay On As HSBC Adviser After Leaving Group CFO Post
Pam Kaur, HSBC‘s Group Chief Financial Officer, plans to leave the role in 2027. She will not stand for re-election a... Read more
HKMA, HKEX, Nasdaq Dubai And DFSA Establish Strategic Working Group
The Hong Kong Monetary Authority (HKMA), Hong Kong Exchanges and Clearing Limited (HKEX), the Dubai Financial Services ... Read more
Unlimit Secures Hong Kong Money Service Operator License
Global financial infrastructure company Unlimit has secured a money service operator license from the Hong Kong Customs... Read more
Reap Launches Virtual Asset Ledger For Direct Crypto Card Payments
Reap has launched a Virtual Asset Ledger that allows clients of its card issuing platform to fund card spending directl... Read more
Citi To Launch Instant Blockchain Cross-Border Payments In Japan
Citi plans to launch a blockchain-based cross-border payments service for Japanese companies this year, allowing busine... Read more