Glass Bottle Levy To Take Effect On Monday
"); jQuery("#212 h3").html("

"); });
2023-04-30 HKT 14:01
Glass bottle suppliers will have to pay a recycling levy and register with the government before distributing their products, officials announced on Sunday.
The producer-pay scheme, which will take effect from Monday, is aimed at encouraging bottle suppliers to do more to recycle their containers.
Under the scheme, suppliers will have to pay a HK$0.98 levy for every one-litre bottle they distribute in the city, and register with the Environmental Protection Department before distributing them in Hong Kong.
In a statement, the department said registered suppliers will also have to submit returns and annual audit reports, and keep records relating to the returns.
It said 900 suppliers have applied for the scheme as of late April, and two have been granted levy exemptions because they have arranged their own collection and treatment of waste glass beverage containers.
"The Environmental Protection Department will launch a new round of promotional activities to remind and facilitate the trade to submit returns in a timely manner and pay the container recycling levies per their obligations," the statement said.
"The department will also conduct investigations through different channels and take enforcement actions against merchants who are suspected of non-compliance."
XTransfer Partners With Bank SinoPac HK To Expand Cross-Border Payment Services
XTransfer has entered into a collaboration with Bank SinoPac, through its Hong Kong Branch, to expand international ope... Read more
Standard Chartered To Launch Bitcoin And Ethereum Custody Services By 2026
Standard Chartered Bank (Hong Kong) participated in Hong Kong Fintech Week 2025 (HKFTW25) as a strategic partner, annou... Read more
HashKey And Kraken Form Partnership On Institutional Tokenised Assets
HashKey and Kraken have announced a strategic partnership to promote institutional adoption of tokenised assets. The co... Read more
Reap Expands Global HQ With New Office In Hong Kong
Reap, a global fintech company providing stablecoin-enabled financial infrastructure, has expanded its global headquart... Read more
HeyMax Debuts In Hong Kong, Partnering With Cathay To Drive Regional Growth
Loyalty and travel rewards platform HeyMax has made its first international launch in Hong Kong, partnering with Cath... Read more

