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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

Testing compliance check completed

The Government today completed a joint enforcement operation at King Fung House of King Shan Court in Wong Tai Sin, which was earlier included in a compulsory testing notice.   The enforcement action was conducted from around 8am to 11am by the Education Bureau together with Police and the Department of Health.   Having checked 206 people’s test records, it was discovered that six people failed to comply with the notice and they were issued with a compulsory testing order.   A fixed penalty notice of $10,000 was also issued to three of them.
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