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Apr exports value up 1.1%

The value of Hong Kong’s total goods exports increased to $389 billion in April, up 1.1% compared with the same month last year, the Census & Statistics Department announced today.   The value of imports of goods rose 2.1% to $425.6 billion for the same period.   A trade deficit of $36.6 billion, or 8.6% of the value of imports, was recorded for the month.   Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of total exports decreased 12% while that of imports fell 11.7%.   The Government said epidemic-induced transportation disruptions, though easing somewhat in the latter part of the month, continued to constrain export performance.   It pointed out that exports to the Mainland fell while those to the US and the European Union posted visible growth.   Looking ahead, the global economic outlook has worsened amid rampant inflation in some major economies and monetary policy tightening by respective cen

5 typhoon names added

Five new tropical cyclone names have been added to this year's list for typhoons in the western North Pacific and the South China Sea, the Hong Kong Observatory announced today.   They are Penha, Peilou, Narra, Gaenari and Bang-lang.   Penha, a name originating from China, is derived from Penha Hill, a scenic spot in Macau.   Peilou, from China, is a common migratory bird in Macau.   Narra, from the Philippines, is a species of tree.   Gaenari, from Korea, is a spring flowering shrub with yellow flowers.   Bang-lang, from Vietnam, is a flowering tree species.   The United Nations Economic & Social Commission for Asia & the Pacific/World Meteorological Organization Typhoon Committee endorsed the names at its 54th session.   They will replace the names of Vongfong, Linfa, Molave, Goni and Vamco.   The committee will consider retiring names of tropical cyclones which have caused serious casualties and economic losses.   In May 2020, Severe Typhoon Vongfong left at least 160 people injured and damaged more than 10,000 houses during its passage across the Philippines.   In October 2020, Tropical Storm Linfa brought torrential rain to Vietnam, leading to 148 deaths or missing people.   Severe Typhoon Molave hit the Philippines and Vietnam in late October 2020, resulting in at least 50 deaths, 40 injuries and 78 people missing.   Super Typhoon Goni, the most intense tropical cyclone in the western North Pacific and the South China Sea since 2013, hit the Philippines in early November 2020. It killed at least 25 people and damaged over 170,000 houses.   In mid-November 2020, Severe Typhoon Vamco brought torrential rain and squalls to the Philippines and Vietnam, leaving at least 102 people dead, 90 injured and 10 missing.
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