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Feb exports value down 0.8%

The value of Hong Kong’s total exports decreased to $284.1 billion in February, down 0.8% on the same month last year, the Census & Statistics Department announced today.   The value of imports of goods fell 1.8% to $325.7 billion for the same period.   A trade deficit of $41.7 billion, or 12.8% of the value of imports, was recorded in February.   Comparing the three-month period ending February with the preceding three months on a seasonally adjusted basis, the value of exports rose 5.5%, while that of imports also increased 3.3%.   The Government noted that taking the first two months of the year together to remove the volatility caused by the difference in timing of the Lunar New Year, the value of exports posted a 16.6% growth against a very low base of comparison a year ago.   Exports to the Mainland and the US rose notably, while those to the European Union fell. Those to other major Asian markets recorded a mixed performance.   Looking ahead, the Gove

Civil servant requirement clear

Secretary for the Civil Service Patrick Nip today said the requirement for civil servants is set out in the Basic Law and the laws of Hong Kong.   Speaking to the media after attending a radio programme, Mr Nip said the Government has made clear its new policy and arrangements regarding the British National (Overseas) (BN(O)) passport which will not be recognised as a valid travel document and proof of identity in Hong Kong.   “As regards civil servants holding a foreign passport or all that, we just follow what it is set out in the Basic Law and the Hong Kong laws.   “Basically, the requirement is that they have to be Hong Kong permanent residents.”
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