MTR Suspends All Trials Of New Signalling System
"); jQuery("#212 h3").html("

"); });
2019-03-18 HKT 10:30
The MTR Corporation says it will immediately suspend trials of a new signalling system until it finds out what caused a train derailment on Monday.
A train heading to Central Station derailed during a test run at around 3am and hit the third and fourth compartment of a train going in the opposite direction towards Tsuen Wan.
Services between Central and Admiralty on the Tsuen Wan Line were cancelled for the day as a result. Pictures released by the rail operator showed badly damaged carriages.
The railway company’s operations director, Adi Lau, said this was the first accident of its kind since the line opened almost four decades ago.
Lau said the company will make enquiries with its contractor, adding that it will also investigate why a safety system was not activated to stop the trains.
The MTR had originally planned to start using the new system alongside the old one in the second half of this year, before eventually replacing the old one altogether.
OKI And Hitachi To Launch Joint Venture For ATM And Automated Equipment In October
OKI, Hitachi, and Hitachi Channel Solutions have announced that they have reached agreements to integrate their automat... Read more
The Race For Hong Kongs First Stablecoin Licenses Is Almost Over
I’ve been refreshing the Hong Kong Monetary Authority’s register of licensed stablecoin issuers frequently over the... Read more
HTF Securities And Alchemy Pay Expand Hong Kong Type 1 License For Virtual Assets
Alchemy Pay has announced that, in partnership with HTF Securities Limited, it has successfully expanded HTF Securities... Read more
Ping An Digital Bank Rebrands As Deposits Exceed HK$12 Billion
Ping An Digital Bank has introduced a new brand identity, aligning more closely with its parent, Ping An Insurance. The... Read more
Futus PantherTrade Launches Full-Scale Licensed Operations In Hong Kong
Futu has announced that its wholly-owned virtual asset trading platform, PantherTrade, has begun full-scale licensed op... Read more
Mastercard Enables AI Agent To Complete Live Ride-Booking Payment In South Korea
Mastercard has completed a live, authenticated agentic transaction in South Korea, marking a key development in AI-powe... Read more
