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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

CE mourns Gerard Brennan

Chief Executive Carrie Lam today expressed deep sorrow over the passing of former non-permanent judge of the Court of Final Appeal Gerard Brennan.   Mr Brennan was a non-permanent judge of the Court of Final Appeal from 2000 to 2012. With his great experience, he guided the Court of Final Appeal in handling many complicated cases and made significant contributions to the Judiciary.   He was awarded the Gold Bauhinia Star in 2013.   Mrs Lam said she was saddened by Mr Brennan's passing and extended her deepest condolences to his family on behalf of the Government.
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