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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

CE mourns Tong Wai-ki

Chief Executive Carrie Lam today expressed deep sorrow over the passing of Hong Kong Taoist Association Chairman Tong Wai-ki.   She said Mr Tong was held in high regard, adding that he had been committed to promoting the Taoist religion and Chinese culture and actively participated in social services and charitable activities, making significant contributions over the years.   He was awarded the Silver Bauhinia Star in 2013.   "I am deeply saddened by the passing of Mr Tong. On behalf of the Hong Kong Special Administrative Region Government, I would like to extend my deepest condolences to his family and the Taoist community," Mrs Lam noted.   Acting Secretary for Home Affairs Patrick Nip also expressed deep condolences over the passing of Mr Tong.   He commended Mr Tong for dedicating his life in promoting the Taoist religion and uniting the Taoist community while actively participating in charitable services and talent nurturing.
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