Govt Removes Infected Tree In Wan Chai
"); jQuery("#212 h3").html("

"); });
2023-03-27 HKT 15:42
Authorities on Monday said they have removed a special old tree in Wan Chai because its fungal infection has worsened and posed safety hazards.
The Ficus microcarpa on Queen's Road East, which measured 11 metres tall, was listed in the government’s Register of Old and Valuable Trees. It was confirmed with the brown root rot disease in late 2020.
The Highways Department said despite strengthening maintenance works for the tree, officials found that leaves were sparse and there was further wilting during an assessment earlier this year.
"In addition, mycelial crust was also found on more areas of the tree base, indicating that [the disease] had further spread and caused irreversible health and structural damage to the tree, posing a risk of tree failure," it said in a statement.
The department said an ornamental plant will be replanted nearby, adding that it will only consider removing problematic trees when no other viable mitigation measures are available.
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

