Green Groups Urge Govt To Ditch Lantau Project
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1562139_1_20201126161126.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', 'https://news.rthk.hk/rthk/en/component/k2/1562139-20201126.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1562139-20201126.htm', 'DCS.dcsqry', '' ); } } }); }); });
2020-11-26 HKT 16:35
Kate Lin speaks to Wendy Wong
Representatives from nine green groups on Thursday urged the government to scrap its proposed massive reclamation project off Lantau, saying it would seriously damage the environment.
They also urged Legco's finance committee to reject a funding request of HK$550 million for a study on the project when the matter comes up for discussion on Friday.
Chief Executive Carrie Lam said during her Policy Address on Wednesday that the government will push ahead with the plan because the reclamation is needed to solve the city’s long-term housing problems.
But a senior campaigner of Greenpeace, Kate Lin, said reclaiming 1,000 hectares of land would destroy marine life irreversibly.
“The reclamation project will bring huge destruction to the biodiversity and marine ecology in Hong Kong,” she said.
Lin added that the project, with a price tag of HK$624 billion, would put huge financial pressure on the city’s coffers.
She said the government should instead develop brownfield sites in the New Territories, which would cost less and provide a similar number of flats as the Lantau project.
Joining Greenpeace in the call to drop the plan were the Conservancy Association, Designing Hong Kong, Green Power, Green Earth, Greeners Action, Save Lantau Alliance, Hong Kong Bird Watching Society and Hong Kong Dolphin Conservation Society.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
