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.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more