Rural Leader Backs Relaxing Ancestral Land Sale Rules
"); jQuery("#212 h3").html("
"); });
2021-09-29 HKT 12:26
Share this story
A rural leader says he supports the idea of making it easier for indigenous clans to sell ancestral plots, so as to facilitate housing development in the New Territories.
Bowie Hau, chairman of the Sheung Shui District Rural Committee, was responding to media reports that Chief Executive Carrie Lam may announce in her policy address next week that the sale of such plots, or “Tso/Tong lands”, will no longer need the unanimous consent of the entire clan.
Hau told a Commercial Radio programme on Wednesday that it’s understandable that New Territories people have to make sacrifices for Hong Kong’s land development, and a clan could always rebuild their ancestral halls somewhere else.
Five Years In: Lessons From Asias Digital Bank Revolution | David Becker, MD APAC, Mambu
Digital banking in Asia was supposed to change the world. Five years later, did it live up to the hype? In this in-dept... Read more
19th Asian Financial Forum To Spotlight Finance And Global Opportunities
The 19th Asian Financial Forum (AFF), co-organised by the Hong Kong SAR government and the Hong Kong Trade Development ... Read more
HK Banks Launch Money Safe Service To Protect Deposits
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) announced on 30 December that all... Read more
HashKey Lists On Hong Kong Exchange
HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more
North Korea Linked To Over Half Of 2025 Crypto Heist Losses
TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more
South Korea Forms Task Force After Coupang Data Breach
The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more