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BUSINESS GOVirtual Expo & Conference 2022

BUSINESS GOVirtual Expo & Conference (BUSINESS GOVirtual), the Hong Kong's first physical B2B "Tech x Business" event in the post-pandemic period, gathers leading IT companies and solutions providers under one roof to demonstrate their latest technologies. It is also the platform where showcases the key technological advancements for social and business engagement in the new digital era. The development of the Greater Bay Area is accorded the status of critical strategic planning in the Chinese government's blueprint, with great significance in China's initiative on innovation-driven development. Strategically held in Hong Kong, the international innovation and technology hub, BUSINESS GOVirtual serves as a communication platform for tech companies to exchange ideas, collaborate and foster partnerships. On top of the physical event, the brand new "GOVirtual OMNI," an online platform for the Expo and Conference, welcomes regional exhibitors and visito

Jobless rate falls to 4.5%

The seasonally adjusted unemployment rate fell by 0.2 percentage points to 4.5% for the period between July and September compared to the period from June to August, the Census & Statistics Department announced today.   The underemployment rate also dropped to 2.1% during the period.   Total employment rose by around 6,300 to 3,658,000, while the labour force stood at 3,838,600, about the same as in the previous period.   There were 180,600 unemployed people from July to September, a drop of about 7,100 from the preceding three-month period. The number of underemployed people also decreased by around 7,200 to 79,000.   Analysed by sector, the unemployment rates of most economic sectors fell in the July-September period compared with the preceding three-month period, more noticeably in the decoration, repair and maintenance for buildings sector, professional and business services sector, and arts, entertainment and recreation sector.   For the consumption and tourism-related sectors, the combined jobless rate declined by 0.2 percentage points to 7.2%.   Secretary for Labour & Welfare Dr Law Chi-kwong noted that the labour market further improved along with the increasingly entrenched economic recovery.   Looking ahead, he said the labour market conditions would depend on the pace of the economic recovery. The Consumption Voucher Scheme would also continue to render support to consumption-related activities in the near term.   However, the global pandemic development remains a key source of uncertainty over the economic and labour market outlook.   The community should stay vigilant against the COVID-19 epidemic and strive towards more widespread vaccination, Dr Law added.
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Railway settlement exceeds limit

The construction works of a relocation project in Kowloon have been suspended after a settlement monitoring checkpoint exceeded the limit, the Government said today.   The project relocates supporting operational facilities of Tsim Sha Tsui Fire Station Complex, Fire Services Club and other fire services accommodations to To Wah Road in Kowloon.   The Government explained that the readings recorded in a settlement monitoring checkpoint installed inside the railway tunnel between Kowloon Station and Olympic Station of the MTR Tung Chung Line had reached 20.27mm on September 7. The preset trigger level for works suspension is 20mm.   For the sake of prudence, the Mass Transit Railway Corporation suspended relevant works within the railway protection area on the same day.   The Buildings Department and the Architectural Services Department deployed staff to inspect the affected railway tunnel and confirmed that it is structurally safe.   The Electrical & Mechanical Services