Let's Work Together On Housing, Michael Wong Urges

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-03-03 HKT 12:09

Share this story

facebook

  • Let's work together on housing, Michael Wong urges

The Development Secretary, Michael Wong, on Sunday called on members of the public to set aside their differences over government initiatives to tackle the city's land shortage, and urging them to work together.

Wong also revealed during a radio programme that he's had disagreements with two bureau heads with whom he works closely - the Housing Secretary, Frank Chan, and the Environment Secretary, Wong Kam-sing.

However, he said these could be overcome, and they would sort out their differences and become "buddies" again.

Speaking after the programme, Wong reiterated the government's commitment to solving the city's housing woes:

"It's true that in the very short term there isn't any magic wand that we can simply wave and then resolve the land shortage problem. For the short to medium term, if you take a slightly longer time frame, then there are a lot of initiatives that we are pursuing," Wong said, citing the land sharing scheme as one example.

RECENT NEWS

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