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More HZMB private car quotas set

The governments of Hong Kong and Macau have agreed to increase the regular quotas for Hong Kong cross-boundary non-commercial private cars using the Hong Kong-Zhuhai-Macao Bridge to Macau, the Transport Department announced today.   The decision was made to enhance traffic flow between Hong Kong and Macau, better utilising the bridge, the department said.   It will increase the Hong Kong quota by 1,000, following the earlier quota allocation of 1,800 for Hong Kong.   The additional quota will be distributed in two phases from the second quarter.   Half of the additional 1,000 quota allocations is for company applicants and the other half is for individual applicants. The quotas are valid for no more than three years. The eligibility criteria of quota applications remains the same.   Private cars allocated with Hong Kong quotas will be permitted to access the city of Macau multiple times using the bridge.   The Hong Kong quota allotments will be re-allocated upon expiry thro

Mar exports value up 26.4%

The value of Hong Kong’s total exports increased to $409.1 billion in March, up 26.4% on the same month last year, the Census & Statistics Department announced today.   The value of imports of goods increased 21.7% to $436.1 billion for the same period.   A trade deficit of $27 billion, or 6.2% of the value of imports, was recorded for the month.   Comparing the first quarter this year with the preceding quarter on a seasonally adjusted basis, the value of exports rose 19.4%, while that of imports increased 13.8%.   The value of exports continued to have strong growth on a year-on-year basis in March on the back of a sharp rebound in global demand. Exports to many major markets, notably the Mainland, registered visible increases, the Government said.   For the first quarter as a whole, total merchandise trade value surpassed the previous first-quarter high in 2018 by 13.2%, it added.
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