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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

Social distancing measures extended

The Government today announced the social distancing measures currently in place will be maintained until January 27.   The Food & Health Bureau said the COVID-19 epidemic situation in Hong Kong remains volatile, noting the latest seven-day average number of local cases with unknown sources of infection was 17 and a number of confirmed cases were found in certain districts over a short period of time, which shows that silent transmission in the community is still active.   Taking into account the latest public health risk assessment, the Government will maintain existing requirements and restrictions applicable to catering business premises and scheduled premises.   Unless exempted, the prohibition on group gatherings of more than two people in public places will continue during the seven-day period from January 21.   The requirement for wearing a mask at all times when on public transport and in all public places will also remain in effect.   The Government will soon gazette directions and specifications under three relevant regulations.   The Government also announced that it will restrict people who have stayed in Brazil or Ireland from boarding flights for Hong Kong as cases caused by the new virus variant with high transmissibility were found in the two countries recently.   Under the specifications that will take effect from midnight on January 23, all people who have stayed in Brazil or Ireland for more than two hours on the day of boarding or during the 21 days before that day will not be allowed to board for Hong Kong.
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