Poor Maintenance Of Water Pipes Costs HK Millions
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1391630_1_20180417171203.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1391630-20180417.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1391630-20180417.htm', 'DCS.dcsqry', '' ); } } }); }); });
2018-04-17 HKT 15:42
The Water Supplies’ Department’s (WSD) inadequate maintenance of pipes has led to tens of millions of cubic metres of water being wasted annually, the Ombudsman, Connie Lau, said on Tuesday.
Lau said the water leakage rate stands at 15.2 percent and if Hong Kong could match Singapore’s rate of just 5 percent, the city could save 123 million cubic metres of water annually – the equivalent of nearly 50,000 standard-size swimming pools.
The amount of fresh water saved could meet the yearly demand of some two million residents, saving about HK$530 million in costs, she said.
The Ombudsman said there have been frequent cases of water mains bursting, which have caused an inconvenience to the public and wasted huge amounts of water.
Lau acknowledged that a pipe replacement programme implemented by the department, has had a significant effect. Between 2000 and 2017, the number of water main bursts dropped from 2,500 to 88. Still, the Ombudsman said there is room for further improvement.
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