Green Group Calls For Higher Plastic Bag Levy
"); jQuery("#212 h3").html("

"); });
2022-07-03 HKT 16:29
A green group on Sunday warned that the government’s proposal to increase the plastic bag levy to HK$1 will not have a big enough deterrent effect.
Greeners Action said it had surveyed 800 residents in June and found that over 75 percent believe people will only start using fewer plastic bags if the levy was at least HK$2 per bag.
Half of the respondents conceded that they wouldn't reduce their plastic bag usage just because of a HK$1 levy.
Angus Ho, the group's Executive Director, said the planned levy increase will not make a big difference.
“The government’s proposal will not [bring] a significant change to people and push them to bring their own bag," he said. "They should increase the levy to an effective price. We propose to have a two-dollar levy for each plastic bag.”
Ho added that supermarkets are also responsible for the plastic waste problem. He said that they seldom charge customers who take plastic bags at self-service counters.
Supermarkets should shoulder part of the responsibility of reducing unnecessary plastic use, he said.
The group also urged the government to study the example of South Africa and consider banning plastic bag usage and production in the long run.
EDENA Unveils AI System To Automate Sovereign Asset Settlement
At the DAT Summit Hong Kong, EDENA Capital Partners launched the Autonomic Financial OS. The company describes it as an... Read more
Naver Exposes 15,000 Knowledge IN Users Activity, Moves To Improve Privacy Controls
Naver has announced measures following an incident in which around 15,000 users’ activity histories on Knowledge iN w... Read more
Japans PayPay Files For US IPO, Targets Valuation Above US$10B
SoftBank‘s digital payments unit, PayPay, has filed publicly for a US IPO. The listing could be the largest by a Japa... Read more
Inference Research Launches In Hong Kong With US$20M Seed Funding
Inference Research, an AI-native quantitative trading firm based in Hong Kong, has announced its launch and the expecte... Read more
London-Based Unlimit Appoints Michele Fung To Lead APAC Expansion
London-based fintech company Unlimit, which provides a broad range of financial technology services, has appointed Mich... Read more
SoFi Launches Digital Asset Trading In Hong Kong Through OSL Partnership
SoFi Securities (Hong Kong) (SoFi Hong Kong) and OSL Group have announced a partnership to offer digital asset trading ... Read more