Lantau Funding Request Put On Hold
"); jQuery("#212 h3").html("

"); });
2019-06-25 HKT 16:09
The chairman of the Legco Finance Committee, Chan Kin-por, said the committee will not discuss a funding request relating to the Lantau reclamation project before the Legco summer break in July.
He said the government has told him that the HK$550 million request for a feasibility study to build artificial islands off Lantau will stay at the bottom of the agenda for this legislative year.
Chan said even if the committee finishes vetting all the other items before the summer recess, debate on the request for the Lantau Tomorrow Vision plan will not resume.
Development Secretary Michael Wong said earlier on Tuesday that if the funding request was not passed before the Legco summer break, the government would have no choice but to accept that.
Critics of the plan had earlier called for the complete withdrawal of the funding request, citing worries that the measure might still be passed even if it had been put at the bottom of the agenda.
______________________________
Last updated: 2019-6-25 HKT 19:35
Plantos Agentic AI CFO Takes Aim At The SME Lending Gap
Planto, a leading financial technology company specialising in AI-driven banking solutions, officially unveiled its whi... Read more
Hong Kong And Indonesia Explore QR Payment Interoperability
Hong Kong and Indonesia are exploring QR payment interoperability between the two markets. The Hong Kong Monetary Autho... Read more
Who Raises The Alarm, If Synthetic Identity Fraud Has No Victim?
Synthetic identity fraud is one of the fastest-growing fraud types globally, where fraudsters fabricate a person who ne... Read more
SFC Hong Kong Strategic Action Plan Backs Citys Five-Year Plan
Hong Kong’s Securities and Futures Commission (SFC) has unveiled a strategic action plan. It supports the city’s Fi... Read more
Tencent Launches TenPayGo Payment App For Travellers In China
Tencent has launched TenPayGo, a payment app for overseas visitors to mainland China. ITHome (IT之家) reported that i... Read more
Deutsche Bank Deploys Agentic AI To Help Trace Client Wealth For KYC
Deutsche Bank Private Bank has launched an agentic AI tool to support Source of Wealth checks, part of its Know Your Cu... Read more
