Govt May Bring SkyShuttle To HK: Transport Chief
"); jQuery("#212 h3").html("

"); });
2023-04-26 HKT 16:54
Transport chief Lam Sai-hung said on Wednesday that authorities are considering whether to bring in a rail transit system from a mainland company to ease traffic congestion in Kowloon East.
Lawmakers had repeatedly called on the government to bring in BYD’s SkyShuttle system after visiting the firm’s headquarters in Shenzhen, saying the technology is perfect for Hong Kong as it is affordable and can fit into the city’s narrow roads.
Speaking to reporters after attending a closed-door antechamber meeting with lawmakers, the transport chief said officials will collect more information about the elevated, driverless railway system before making a decision.
“We'll contact SkyShuttle to collect all relevant information and statistics, such as the technical information, all the operation details, and the safety records so that we can further analyse the applicability of SkyShuttle in Hong Kong," he said.
“We’ll keep an open mind as to the different modes of transport and different technology. So it will be assessed against the specific and unique situation in Hong Kong,” Financial Secretary Paul Chan added.
Indonesia And South Korea Begin Cross-Border QRIS Payments In Local Currencies
Bank Indonesia and the Bank of Korea have launched cross-border QR payment connectivity between Indonesia and South Kor... Read more
Hong Kong Misses March Deadline For First Stablecoin Licenses, No Issuers Approved
The Hong Kong Monetary Authority (HKMA) has yet to issue its first batch of stablecoin licenses, missing an earlier tar... Read more
Hong Kong Sees Digital Wallets Surpass Cards For The First Time
Digital wallets have surpassed cards for the first time in the city’s payments landscape, according to the Global Pay... Read more
HSBC Appoints Max Xu And Samuel Chen To Lead Wealth And Private Banking In China
HSBC has appointed Max Xu as Head of International Wealth and Premier Banking (IWPB), HSBC China, and Samuel Chen as He... Read more
OSL Group 2025 Revenue Hits HK$489M, Stablecoins Account For 60% Of Trading
OSL Group reported its annual results for the year ended 31 December 2025. The company said it recorded growth during t... Read more
JCB Brings Google Pay Contactless To Taiwan In First Overseas Rollout
JCB has announced that JCB-branded credit cards issued by Union Bank of Taiwan and Bank SinoPac will, for the first tim... Read more