Govt Moves To Fast Track Fund Requests
"); 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_1387338_1_20180322181744.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/k2/1387338-20180322.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1387338-20180322.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-03-22 HKT 15:23
The government is putting livelihood-related public works projects at the top of the Finance Committee's agenda, in a bid to pass as many as possible before Legco goes on its summer break.
This was revealed by the committee chairman Chan Kin-por after a meeting with Chief Executive Carrie Lam to discuss ways to speed up the vetting pace.
Chan said some of the 70 projects that are relatively urgent and livelihood-related, such as hospital development and district facilities items, will be dealt with first.
But the chairman said that the Finance Committee has only around 60 meeting hours left this legislative year, and he will ask lawmakers if they agree to directly vote on some items that have already been debated at two of its subcommittees.
Chan denied this will turn the Finance Committee into a rubber-stamp outfit. "I don't think asking if you ask questions for eight hours that means you are better than asking for two hours," he said. "Because if you are asking irrelevant questions, asking policy questions, it won't help to monitor the government at all."
The pan-democrats said this direct-vote suggestion was not mentioned during their meeting with the Chief Executive. The camp's convenor, Charles Mok, said members of the sub-committees had asked for further information on various items to be presented during discussions in the Finance Committee.
"We have to work according to the rules ... I think for many of these items, especially the more controversial items, there is really no reason or justification for by-passing the discussion in the FC."
Pro-democracy lawmakers said they would nevertheless discuss with their pro-establishment rivals how they could pick up their vetting pace.
They said Lam made it clear that she understands that the legislators have a duty to monitor the government, and she had said that she wasn't trying to impose any deadline for the vetting process or demand that discussions are cut short.
Fraud & AML In Asia: What Banks Need To Know In 2026
Fraud and AML in Asia have shifted over the past year. Alongside the system-level attacks that continue, panellists poi... Read more
Hong Kongs Total AUM Hits Record HK$42.2 Trillion In 2025
According to the Securities and Futures Commission (SFC), Hong Kong’s total assets under management (AUM) reached a r... Read more
Hyundai Card Leverages Apple Pay To Target Gen Z Users
Hyundai Card launched six new debit and hybrid cards tailored to Apple Pay users in April. The South Korean issuer is t... Read more
DBS And Samsung Securities Partner For Global Wealth Expansion
DBS has signed a MoU with South Korea’s Samsung Securities to establish a strategic partnership in wealth management.... Read more
RedotPay Selects OpenPayd For Treasury Operations And Global Remittances
RedotPay has selected OpenPayd to enhance its treasury operations and cross-border remittance services. The company wil... Read more
JCB Rolls Out Contactless Transit Payments Across Taipei Metro
JCB has rolled out contactless payment acceptance on the Taipei Metro. The integration allows cardholders to tap physic... Read more