Let's Work Together On Housing, Michael Wong Urges
"); jQuery("#212 h3").html("

"); });
2019-03-03 HKT 12:09
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.
Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access
Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more
HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site
The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more
Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects
The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more
Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China
At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more
HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus
The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more
How Gaming Giants Are Redefining The Experience Of Paying
Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more