FTU Demands Clear Answers On Whether Uber Is Legal
"); jQuery("#212 h3").html("

"); });
2018-04-22 HKT 12:00
Around 30 people staged a protest outside the government's headquarters on Sunday, demanding a crackdown on illegal car-hire services. The call followed a crash involving an Uber car last week that left the driver dead.
The protesters, from taxi groups under the Federation of Trade Unions, said it is time for the government to make it clear once and for all whether Uber is legal and whether people have the protections they should have if they use the services.
Claiming that isn't the case, one demonstrator said allowing Uber cars in the city is just like "planting bombs on the road".
The collision involving an Uber driver in Kowloon City on Thursday night also left another four people injured.
The firm said afterwards that its drivers all have third-party insurance. Transport Secretary Frank Chan had told lawmakers in October that as long as the drivers also have car-hire permits, they would not be breaking the law.
A lack of such permits and insurance saw more than 20 Uber drivers arrested in a high-profile police campaign earlier last year.
At the protest, FTU lawmaker Michael Luk said he plans to question officials in Legco about whether such car-hire services really are operating lawfully.
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
