Mainland Supplies To Be Transported By Rail
"); jQuery("#212 h3").html("

"); });
2022-02-27 HKT 22:11
The SAR on Sunday said it is planning to use the Lo Wu Marshalling Yard as a storage facility to maintain a steady flow of supplies from the mainland to help battle the fifth wave of Covid infections.
The government said that a successful trial was conducted in the morning, together with the trade and the MTR, to test the operation of the complex near Lo Wu Station as a temporary railway freight yard.
"The government and the mainland authorities are having in-depth discussions on the detailed operation of railway cargo transportation," a government spokesman said in a statement.
He pointed out that both sides aim to conduct a trial run this week to "ensure its smooth operation".
The statement also noted that goods are being supplied to the territory via a water cargo transportation service that was launched on Friday, as well as truck services at various terminals.
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
