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Apr exports value down 13%

The value of Hong Kong's total exports decreased to $338.3 billion in April, down 13% on the same month last year, the Census & Statistics Department announced today.   The value of imports of goods decreased 11.9% to $374.9 billion for the same period.   A trade deficit of $36.6 billion, or 9.8% of the value of imports, was recorded in April.   Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of exports rose 15.4%, while that of imports increased 10.7%.   The Government noted that the value of merchandise exports declined further from a year earlier in April. Exports to the Mainland, the US and the European Union all shrank and exports to other major Asian markets recorded decreases of varying degrees.   Looking ahead, it added that the weakness in the advanced economies will continue to weigh on Hong Kong's export performance, though the expected faster recovery of the Mainland economy should

Remain vigilant in virus fight

(To watch the full press briefing with sign language interpretation, click here.)   People should remain vigilant despite the low double-digit number of COVID-19 cases registered for two consecutive days in Hong Kong, Under Secretary for Food & Health Dr Chui Tak-yi said today.   Dr Chui made the remarks at a press briefing where he announced that 12 additional COVID-19 cases are being investigated for the second day in a row.   “The number of newly confirmed COVID-19 local cases has remained a low double-digit number for a while. But of course the situation may always change. This status may be due to the combined effort of various policies and measures to combat the COVID-19 situation, and also due to the co-operation of the public in reducing activities that may pose additional risks for transmission.”   Dr Chui added that the local epidemic situation could change and cautioned people not to lower their guard in the fight to curb the spread of the virus.   “Of course the situation may change at any time. So I think it’s also the right moment to call for the co-operation of the public to continue social distancing throughout this period so that we can keep a persistently low new number of confirmed cases each day, so that we have more confidence in relaxing the various social distancing measures.”
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