Effective Exchange Rate Index

     The effective exchange rate index for the Hong Kong dollar on Tuesday, (October 2), 2018 is 105 (up 0.1 against Saturday's index).
     
      The effective exchange rate index for the Hong Kong dollar on Saturday, (September 29), 2018 is 104.9 (down 0.1 against last Friday's index).




Pig farm at Tai Kong Po Tsuen in Yuen Long convicted for illegal discharge of livestock waste into Kam Tin River (with photo)

     A pig farm at Tai Kong Po Tsuen in Kam Tin, Yuen Long, discharged untreated livestock waste into a nearby watercourse. The person-in-charge of the pig farm was fined $8,000 by Fanling Magistrates' Courts today (October 2) for contravening the Waste Disposal (Livestock Waste) Regulations. The owner of the farm had been convicted four times in the past for discharging livestock waste into a nearby watercourse.
           
     The Environmental Protection Department (EPD) received several complaints from members of the public in March about suspected illegal discharge from a pig farm in Tai Kong Po Tsuen. EPD staff conducted an inspection and found that a large amount of greyish-black wastewater with the odour of pig waste was being discharged from the drainage outlet of a pig farm in Tai Kong Po Tsuen to a watercourse outside the pig farm. The untreated livestock waste seriously polluted the Kam Tin River downstream. The analysis result of the wastewater samples taken by the EPD showed that the concentration of test parameters exceeded the discharge standard. In the sample taken at the above drainage pipe, the Five-Day Biochemical Oxygen Demand and Suspended Solids exceeded the standards by 26 and 14 times respectively. After gathering sufficient evidence, the EPD subsequently initiated prosecution against the person-in-charge of the pig farm in accordance with the Regulations and notified the Agriculture, Fisheries and Conservation Department of the case concerned.
           
     An EPD spokesman said that untreated livestock waste contains high concentrations of excreta and will lead to serious pollution and odour problems if discharged into rivers. According to the Regulations, liquid livestock waste generated by livestock farms must be treated properly in a wastewater treatment facility to meet the statutory requirements before being discharged. Offenders are liable to a maximum fine of $50,000 and a daily fine of $5,000 for a continuing offence.
           
     The spokesman reminded owners and staff members of livestock farms in the New Territories to properly operate treatment facilities for wastewater generated from livestock waste and not to discharge untreated livestock waste into nearby watercourses. The department will continue to conduct surprise inspections to combat any irregularities at livestock farms.
           
     More information about the livestock waste control scheme is available on the EPD's website: www.epd.gov.hk/epd/english/laws_regulations/enforcement/lwis.html.

Photo  



Special traffic arrangements for race meeting in Happy Valley tomorrow

     Special traffic arrangements will be implemented in Happy Valley tomorrow (October 3). 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.

 




Hong Kong Monetary Authority Exchange Fund Bills Tender Results

The following is issued on behalf of the Hong Kong Monetary Authority:

     Hong Kong Monetary Authority Exchange Fund Bills Tender Results:

Tender date : October 2, 2018
Paper on offer : EF Bills
Issue number : Q1840
Issue date : October 3, 2018
Maturity date : January 2, 2019
Amount applied : HK$150,950 MN
Amount allotted : HK$55,689 MN
Average yield accepted : 1.85 PCT
Highest yield accepted : 1.92 PCT
Pro rata ratio : About 96 PCT
Average tender yield : 1.99 PCT
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Tender date : October 2, 2018
Paper on offer : EF Bills
Issue number : H1869
Issue date : October 3, 2018
Maturity date : April 3, 2019
Amount applied : HK$45,450 MN
Amount allotted : HK$15,000 MN
Average yield accepted : 1.92 PCT
Highest yield accepted : 1.95 PCT
Pro rata ratio : About 94 PCT
Average tender yield : 2.08 PCT
****************************
Tender date : October 2, 2018
Paper on offer : EF Bills
Issue number : Y1895
Issue date : October 3, 2018
Maturity date : October 2, 2019
Amount applied : HK$11,740 MN
Amount allotted : HK$5,000 MN
Average yield accepted : 1.94 PCT
Highest yield accepted : 2.05 PCT
Pro rata ratio : About 80 PCT
Average tender yield : 2.25 PCT

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     Hong Kong Monetary Authority tenders to be held in the week beginning October 8:

Tender date : October 9, 2018
Paper on offer : EF Bills
Issue number : Q1841
Issue date : October 10, 2018
Maturity date : January 9, 2019
Tenor : 91 Days
Amount on offer : HK$56,979 MN
****************************
Tender date : October 9, 2018
Paper on offer : EF Bills
Issue number : H1870
Issue date : October 10, 2018
Maturity date : April 10, 2019
Tenor : 182 Days
Amount on offer : HK$17,000 MN



Labour Department investigates fatal work accident in Kowloon Bay

     The Labour Department (LD) is investigating a fatal work accident occurred in Kowloon Bay this morning (October 2), in which a man died.

     The LD has immediately deployed staff to the scene upon receiving a report of the accident, and is now conducting an investigation to look into its cause.