Stanley Wong:mainland Can Help Fix HK Housing Woes
"); jQuery("#212 h3").html("

"); });
2018-06-06 HKT 00:31
The chairman of the government’s Land Supply Task Force, Stanley Wong, said on Tuesday that it’s received proposals in its public consultation exercise that Hong Kong should borrow land from the mainland.
Wong said the plan would aim to build what he calls “the living zones of Hong Kong people”, to help ease the housing shortage.
Wong said it’s been proposed that the zones could include public housing as well as elderly homes, or house facilities such as container ports, so as to free up land in Hong Kong.
He said the option is worth looking into, even though it may not suit everybody’s needs.
The government is under increasing pressure to tackle the issue of soaring property prices but earlier on Tuesday the Chief Executive, Carrie Lam, dismissed a report that the government was about to discuss a plan to build public flats on top of new MTR stations.
The South China Morning Post had cited sources as saying that the government would ask the rail operator to explore the option of having public housing units built at two possible sites: Siu Ho Wan in North Lantau and a proposed new station near Tuen Mun town centre.
Plantos Agentic AI CFO Takes Aim At The SME Lending Gap
Planto, a leading financial technology company specialising in AI-driven banking solutions, officially unveiled its whi... Read more
Hong Kong And Indonesia Explore QR Payment Interoperability
Hong Kong and Indonesia are exploring QR payment interoperability between the two markets. The Hong Kong Monetary Autho... Read more
Who Raises The Alarm, If Synthetic Identity Fraud Has No Victim?
Synthetic identity fraud is one of the fastest-growing fraud types globally, where fraudsters fabricate a person who ne... Read more
SFC Hong Kong Strategic Action Plan Backs Citys Five-Year Plan
Hong Kong’s Securities and Futures Commission (SFC) has unveiled a strategic action plan. It supports the city’s Fi... Read more
Tencent Launches TenPayGo Payment App For Travellers In China
Tencent has launched TenPayGo, a payment app for overseas visitors to mainland China. ITHome (IT之家) reported that i... Read more
Deutsche Bank Deploys Agentic AI To Help Trace Client Wealth For KYC
Deutsche Bank Private Bank has launched an agentic AI tool to support Source of Wealth checks, part of its Know Your Cu... Read more
