HK Needs To Move Faster On Waste-charging: Activist
"); jQuery("#212 h3").html("

"); });
2020-09-29 HKT 09:34
An environmental activist said on Tuesday it would be at least another two years before Hong Kong could have a paper recycling mill, after the 20-year lease for a site at Eco Park in Tuen Mun fell through.
Questions are being asked about whether the government properly handled the tendering process.
Edwin Lau, the executive director of Green Earth, said government data indicates around 700,000 tonnes of waste paper was sent to landfills in 2018, after the mainland and Southeast Asia countries tightened their import requirements.
He said a key factor affecting recycling is the delay in approving a household waste disposal charge, calling on lawmakers to resume work quickly on a waste-charging bill.
"There is no incentive to drive you to reduce the waste that you might produce in the first place," he said.
Lau said it would now take time to resume the tendering process, during which paper would keep ending up in landfills – and not generating revenue for the recycling industry.
HSBC Launches TradeCash In Hong Kong To Accelerate Trade Finance Access
HSBC has launched a digital trade finance tool called HSBC TradeCash, allowing businesses in Hong Kong to upload sales ... Read more
HKEX And HKMA Launch Pilot On E-HKD For After-Hours Margin Payments
Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have launched a joint pilot... Read more
Can You Trust AI Agents To Stay Within Your Intent?
Checking someone’s ID at the door of a nightclub tells you who they are, but it does not tell you how they will behav... Read more
China CITIC Bank Taps Tencent Cloud For Fintech 2.0 Banking Push In Hong Kong
Tencent Cloud has signed a strategic cooperation agreement with China CITIC Bank International (CNCBI) to support the d... Read more
Payful Launches Cloud-Based Visa Charge Card Programme Via BPC SmartVista
Chinese cross-border payment company Payful has launched a cloud-native Visa charge-card programme for corporate and me... Read more
Hong Kong Banking Taskforce Convenes To Plan Northern Metropolis Financing
The Northern Metropolis Financial Advisory Taskforce held its inaugural meeting on 17 June to discuss the financing nee... Read more
