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1.8% inflation in October

Overall consumer prices rose 1.8% in October year-on-year, smaller than the 4.4% increase in September, the Census & Statistics Department announced today.   Netting out the effects of the Government's one-off relief measures, the underlying inflation rate was 1.7%, slightly less than September's 1.8%.   Compared with October last year, price increases were recorded for electricity, gas and water; clothing and footwear; meals out and takeaway food; basic food; alcoholic drinks and tobacco; transport; miscellaneous services, miscellaneous goods and housing.   On the other hand, a year-on-year decrease in price was recorded for durable goods.    The Government said that underlying consumer price inflation remained moderate in October.   The year-on-year increase in food prices showed some moderation, though remained relatively fast. Prices of clothing and footwear continued to record a visible increase, while those of energy-related items rose sharply. Price pressur
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7.2k COVID-19 cases recorded

The Centre for Health Protection today said it is investigating 7,212 additional locally acquired COVID-19 cases, of which 1,544 were identified through nucleic acid tests and 5,668 via rapid antigen tests.   Separately, 524 imported cases were detected.   Furthermore, eight residential care home for the elderly and nine for disabled people logged 27 cases involving their residents and staff.   In addition to reporting that 13 more patients passed away in public hospitals due to the coronavirus, the Hospital Authority registered five more critical patients, bringing the number of patients in critical condition to 42.   Due to a number of positive cases, 37 specified places are included in a compulsory testing notice. It also covers another two places in Tung Chung and Cheung Sha Wan where some sewage samples tested positive for the virus.   The Government will reopen the ad-hoc mobile specimen collection stations at Wah Kwai Estate in Pok Fu Lam, Shek Pai Wan Estate in Aberde

CFA Society Hong Kong 30th Anniversary

CFA Society Hong Kong (the Society) is celebrating the 30th anniversary of its founding in 1992. In celebration of its achievements, the Society rolled out a series of marketing communications programs to increase our brand awareness. The Society shares the mission of CFA Institute in raising the professional and ethical standards of financial analysts and investment practitioners through advocacy and continuing education efforts. In addition to promoting the CFA designation in Hong Kong, the Society aims to provide a forum for members, CFA Institute, other investment practitioners and regulators for networking and the exchange of industry insights and best practices. The Society is led by the Board of Directors, monitored by its Non-Executive Directors (NEDs) and advised by the Advisory Board, providing a broad range of perspectives on issues relating to the Society and protecting the interests of members. The Society is mostly run by member volunteers with the support of a team of fu

Transitional vaccine pass introduced

The Government today announced that people who currently hold or have previously held a COVID-19 Vaccination Medical Exemption Certificate will be issued a transitional pass for them to enter premises prior to completing a vaccination course to meet Vaccine Pass requirements.   For individuals previously unfit for vaccination due to genuine medical reasons and holding a Medical Exemption Certificate, the Government said they may be considered fit for vaccination after subsequent assessment by a medical practitioner.   However, they have to wait up to six months before completing the three doses and hence will be unable able to fulfil the vaccination requirements under the Vaccine Pass within the validity period of the Medical Exemption Certificate, it added.   A Transitional Vaccine Pass is therefore issued so that they can enter Vaccine Pass applicable premises during the period when they are waiting to receive the next dose but have not yet met the pass’ vaccination requirement

Melioidosis statutorily notifiable

The Government today published a notice in the Gazette to include melioidosis as a statutorily notifiable infectious disease under Schedule 1 of the Prevention & Control of Disease Ordinance.   As such, medical practitioners are required to notify the Department of Health if they have reason to suspect that a melioidosis case exists, the Government explained.   While person-to-person transmission and animal-to-human transmission are rare, melioidosis bacteria can survive in the local environment, the department’s Centre for Health Protection noted.   Moreover, melioidosis is endemic in Hong Kong, and the presence of the bacteria in the environment may cause potential outbreaks. In regards to this, and the recent increase in the number of cases, especially in Sham Shui Po, the Government proposed to list melioidosis a statutorily notifiable infectious disease to enhance surveillance and prevention.   The move would facilitate early intervention in case of a suspected outbrea

Fishing vessel subsidy set

The Government will provide an $80,000 subsidy under the Anti-epidemic Fund to eligible owners of each fishing vessel or fish collector vessel with Mainland deckhands.   The Agriculture, Fisheries & Conservation Department today said the Government decided to provide further financial relief to those owners as local fishing vessels and fish collector vessels with Mainland deckhands are still affected by the COVID-19 pandemic in resuming operation.   About 1,700 eligible vessels are expected to benefit from the subsidy.   Applications for the subsidy will open on November 1 and the deadline is February 28, 2023. Details and forms will be available later on the department’s website.   It will also send application details to the trade via letters, SMS and fishermen organisations, and provide assistance as appropriate.   Call 9308 5022 or 9308 5012 for enquiries. http://dlvr.it/Sbv6rX

Testing exercises at 3 buildings done

The Government today completed joint enforcement operations at three buildings in Chai Wan, Sheung Shui and Ap Lei Chau, which were earlier included in compulsory testing notices.   At Block 2 of Cheerful Garden in Chai Wan, staff deployed by the Social Welfare Department, Police and the Department of Health checked 349 people’s test records and found that 16 of them violated the compulsory testing notice.   For the operation carried out by the Lands Department, Police and the Department of Health at Block 6 of Tsui Lai Garden in Sheung Shui, 30 out of 310 people failed to comply with the notice.   Meanwhile, the Southern District Office, Police and the Department of Health examined 300 people’s test records at Grosvenor Court of South Horizons. Four of them did not get tested according to the notice.   As a result, 50 people in total were issued with a compulsory testing order.   A fixed penalty notice of $10,000 was issued to 27 of them. http://dlvr.it/SbrGg6