Effective Exchange Rate Index
The effective exchange rate index for the Hong Kong dollar on Tuesday, December 4, 2018 is 105 (down 0.3 against yesterday’s index). read more
The effective exchange rate index for the Hong Kong dollar on Tuesday, December 4, 2018 is 105 (down 0.3 against yesterday’s index). read more
The following is issued on behalf of the Hong Kong Monetary Authority: Hong Kong Monetary Authority Exchange Fund Bills Tender Results ***************************************************** Tender date : December 4, 2018… read more
Special traffic arrangements will be implemented in Happy Valley tomorrow (December 5). The arrangements will come into effect one and a half hours before the start of the first race and will last until the crowds have dispersed after the race meeting.
A. Traffic arrangements before the commencement of the first race
1. Road closure
Southbound Wong Nai Chung Road between Queen’s Road East and the up-ramp outside Hong Kong Jockey Club (HKJC) will be closed except for vehicles heading for Aberdeen Tunnel.
2. Traffic diversions
– Southbound Wong Nai Chung Road between Village Road and the up-ramp outside HKJC will be re-routed one way northbound;
– Vehicles from eastbound Queen’s Road East heading for Wan Chai and Happy Valley will be diverted to turn left to Morrison Hill Road;
– Traffic along southbound Morrison Hill Road heading for Happy Valley will be diverted via Sports Road and Wong Nai Chung Road;
– Traffic along Queen’s Road East cannot turn right to Wong Nai Chung Road except for vehicles heading to Aberdeen Tunnel;
– Traffic from Cross Harbour Tunnel heading for Queen’s Road East will be diverted via the down-ramp leading from southbound Canal Road flyover to Morrison Hill Road to turn right at the junction of Wong Nai Chung Road and Queen’s Road East; and
– Traffic from Cross Harbour Tunnel heading for Happy Valley or Racecourse will be diverted via the down-ramp leading from southbound Canal Road flyover to Canal Road East, southbound Morrison Hill Road, Sports Road and Wong Nai Chung Road.
B. Traffic arrangements before the conclusion of race meeting
1. Road closure
The following roads will be closed from 35 minutes before the start of the last race:
– The up-ramp on Wong Nai Chung Road outside HKJC leading to Aberdeen Tunnel;
– Southbound Wong Nai Chung Road between Queen’s Road East and the up-ramp leading to Aberdeen Tunnel;
– Southbound Wong Nai Chung Road between Village Road and the Public Stands of HKJC;
– Westbound Leighton Road between Wong Nai Chung Road and Canal Road East; and
– Southbound Morrison Hill Road between Leighton Road and Queen’s Road East.
In addition, southbound Wong Nai Chung Road between the up-ramp leading to Aberdeen Tunnel and the Public Stands of HKJC will be closed from about 10 minutes before the start of the last race.
2. Traffic diversions
The following traffic arrangements will be implemented from 35 minutes before the start of the last race:
– Eastbound Queen’s Road East at its junction with Morrison Hill Road will be reduced to one-lane traffic heading for northbound Canal Road flyover;
– Vehicles from Cross Harbour Tunnel heading for Wan Chai will be diverted via the down-ramp leading from Canal Road East, U-turn slip road beneath Canal Road flyover, Canal Road West and Hennessy Road;
– Vehicles from Cross Harbour Tunnel heading for Happy Valley will be diverted via the down-ramp leading from Canal Road East, eastbound Leighton Road and Wong Nai Chung Road;
– Traffic on southbound Morrison Hill Road will be diverted to turn left to eastbound Leighton Road;
– Traffic along southbound Morrison Hill Road heading for Happy Valley will be diverted via eastbound Leighton Road and Wong Nai Chung Road; and
– Traffic along westbound Leighton Road will be diverted to Wong Nai Chung Road.
C. Learner drivers prohibition
Learner drivers will be prohibited to turn left from Caroline Hill Road to Leighton Road between one and a half hours before the start of the first race and one hour after the last race. In addition, learner drivers will be prohibited from accessing the following roads within the above period of time:
– Shan Kwong Road between Yik Yam Street and Wong Nai Chung Road;
– Village Road between its upper and lower junctions with Shan Kwong Road;
– Percival Street between Hennessy Road and Leighton Road;
– Canal Road East; and
– The service road leading from Gloucester Road to Canal Road flyover.
D. Suspension of parking spaces
Parking spaces on southbound Wong Nai Chung Road between Sports Road and Blue Pool Road will be suspended from 11am to 7pm during day racing, from 4.30pm to 11.59pm during evening racing, and from 5pm to 11.59pm during night racing.
Any vehicles found illegally parked within the precincts of the above affected areas will be towed away without prior notice.
Actual implementation of road closure and traffic diversion will be made by the Police at the time depending on traffic conditions in the areas. Motorists should exercise tolerance and patience, and follow the instructions of Police on site. read more
The Land Registry today (December 4) released its statistics for November 2018. Land registration ——————- * The number of sale and purchase agreements for all building units received for registration in… read more
The Trade and Industry Department (TID) will participate in the SmartBiz Expo 2018 to be held in Hall 1 of the Hong Kong Convention and Exhibition Centre from December 5 to 7 (tomorrow to Friday).
The SmartBiz Expo 2018, organised by the Hong Kong Trade Development Council (HKTDC), provides a one-stop platform showcasing the latest business innovation plans, applied technologies, operation support and more to provide comprehensive support for enterprises, especially small and medium enterprises (SMEs), to grasp global market opportunities through innovation, upgrading, and enhancing productivity and competitiveness.
As the strategic partner and a major exhibitor of the Expo, the TID will showcase its work and support services to enterprises, especially SMEs, at Booth 1D-B02. In addition, business consultants and professionals will be available to provide free one-on-one advisory services for SMEs on matters related to accounting, legal matters, marketing and setting up business. SMEs are welcome to visit the TID’s booth and make arrangements for advisory services.
During the Expo, the TID will also jointly hold with the HKTDC a two-day seminar series entitled “InnoTech for Branding – Journey to Outstanding Brand” on December 6 and 7 in Hall 1B. Branding experts and representatives of renowned brands will speak at four seminars on how innovative technologies, including smart inventory management, social media and blockchain, can help SMEs upgrade and develop their brands and business in the new era. Seminars on “Smart Inventory Management” and “Social Media Branding Tricks” will be held at 11am and 2.30pm respectively on December 6, while seminars on “Branding with Blockchain” and “Revitalising Traditional Brands Online” will be held at 11am and 3pm respectively on December 7.
The seminar series is one of the highlight events of the SmartBiz Expo 2018. For those interested in the seminar series, online registration is available via the HKTDC website (info.hktdc.com/dm/CP1932220/index_en.html) and TID’s Brand Development and Promotion website (www.branding.tid.gov.hk). The seminars will be conducted in Cantonese.
The TID is also the Strategic Partner of the Asian E-tailing Summit, a concurrent event to be held with the SmartBiz Expo on December 5. The Summit serves to provide a one-stop platform for business professionals to network with renowned online retail experts, and obtain the latest sourcing trends and market intelligence. Focusing on the development in the Asian region, the Summit will share successful cases and best practices of e-tailing for exploring business opportunities in the Mainland and in Asia.
For further details on the Expo, please visit the SmartBiz Expo 2018 website (m.hktdc.com/fair/smartbizexpo-en/). read more