Skip to main content

Foreign currency reserves up

Hong Kong's foreign currency reserve assets rose to US$423.2 billion in November from October's US$417.2 billion, the Monetary Authority announced today.   The reserve assets represent over five times the currency in circulation or about 42% of Hong Kong dollar M3.   There were no unsettled foreign exchange contracts at the end of November. http://dlvr.it/Sf21yd

Social distancing rules maintained

Chief Executive Carrie Lam said as the local COVID-19 epidemic situation remains stagnant, the Government will not further relax social distancing measures, at least for now.   Mrs Lam made the statement ahead of today’s Executive Council meeting and elaborated on the reason for keeping the current anti-epidemic rules in place.   “We are in a sort of stagnant situation with the daily number of COVID-19 positive-tested cases staying at around 200 and 300 cases including local infections, as well as imported cases, but there have already been over 10 such infection clusters in the community, especially the most recent two cases involving bars.   “So we will have to take a very prudent approach and my position at this moment is we probably will not introduce the third and final stage of the social distancing measures relaxation before the end of June.”   The Chief Executive pointed out that the final phase of the relaxation of social distancing measures involves removing any remaining restrictions on the operation of specified premises that include restaurants and bars.   “For example, the maximum number of people in a banquet, the capacity - whether it is 75% or 85% or whether it should go back to 100-% - and the permission of live performances.”   She added that she believes most citizens will not be affected by such measures.   “On balance, I feel these activities would not be very detrimental to the return to normalcy of the great majority of Hong Kong people.”
http://dlvr.it/SRLqbS

Popular posts from this blog

Download Ricepon App on iPhone and Android

I found a very good dining app in Hong Kong. You can use QR Code to order food in restaurant, order takeaway at home and enjoy coupon. iPhone Download : https://tinyurl.com/wywn5lc Android Download : https://tinyurl.com/tnvlug8 Ricepon App Official Website : http://www.gingersoft.com.hk/ricepon-app/

124 COVID-19 cases reported

The Centre for Health Protection today said it is investigating 124 additional COVID-19 cases. More cases were detected in Kwai Chung Estate. There are also more than 70 preliminary positive cases.   Among the newly reported cases, 33 are related to Kwai Chung Estate, bringing the total number of positive and preliminary positive cases in the estate to 276.   One more positive case was found after an earlier confirmed case occurred at Glory Court, Tsuen Wan Garden, both of them live in units 5 but on two different floors. The centre has co-ordinated with related government departments and conducted an inspection today.    It was preliminarily considered that vertical transmission of virus via pipes is involved.   The centre will issue quarantine orders to residents of unit 5 on all floors of the building who resided there during the incubation period of the relevant cases and transfer them to a quarantine facility.   As it is possible that virus might be ejected from the open