The Electrical and Mechanical Services Department (EMSD) today (May 24) announced an adjustment to the auto-LPG (liquefied petroleum gas) ceiling prices for dedicated LPG filling stations from June 1 to June 30, 2024, in accordance with the terms and conditions of the contracts for dedicated LPG filling stations.
      
     A department spokesman said that the adjustment on June 1, 2024, would reflect the movement of the LPG international price in May 2024, and the average movement of the latest Composite Consumer Price Index and Nominal Wage Index. The overall adjusted auto-LPG ceiling prices for dedicated LPG filling stations would range from $3.55 to $4.45 per litre, amounting to a decrease of $0.14 to $0.15 per litre.
      
     The spokesman said that the auto-LPG ceiling prices were adjusted according to a pricing formula specified in the contracts. The formula comprises two elements – the LPG international price and the LPG operating price. The LPG international price refers to the LPG international price of the preceding month. The LPG operating price is adjusted on February 1 and June 1 annually according to the average movement of the Composite Consumer Price Index and the Nominal Wage Index. The latest year-on-year rates of change of the Composite Consumer Price Index and the Nominal Wage Index are +2.1 per cent and +3.6 per cent respectively.
      
     The auto-LPG ceiling prices for respective dedicated LPG filling stations in June 2024 are as follows:

     The spokesman said that the details of the LPG international price and the auto-LPG ceiling price for each dedicated LPG filling station had been uploaded to the EMSD website (www.emsd.gov.hk) and posted at dedicated LPG filling stations to enable the trades to monitor the price adjustment.
      
     Details of the pricing adjustment mechanism for dedicated LPG filling stations can also be viewed under the "What's New" section of the department website at www.emsd.gov.hk/en/what_s_new/current/index.html.

     The Government intends to allow the Airport Authority Hong Kong to construct a new pier and berthing facilities between the east of Airport Island and the Hong Kong-Zhuhai-Macao Bridge Hong Kong Port. The extent of the area of foreshore and seabed affected is described in a notice gazetted today (May 24).
      
     The proposed works aim to provide mooring space for berthing of pleasure vessels and accommodate ferry services related to recreational activities and tourism, in order to enhance the Hong Kong International Airport as an international intermodal transport hub. The proposed works are scheduled to commence in 2026 for completion in 2028. 
      
     The notice and its related plan are posted near the site. The plan is also available for inspection at:
 
* Survey and Mapping Office of the Lands Department (6/F, North Point Government Offices, 333 Java Road, North Point, Hong Kong) (where copies can be purchased on order);
* Islands Home Affairs Enquiry Centre (Tung Chung) of the Islands District Office (1/F, Tung Chung Post Office Building, 6 Mei Tung Street, Tung Chung, Lantau Island); and
* Lands Department's website (www.landsd.gov.hk) under Government Notices.
 
     Any person who considers that he or she has an interest, right or easement in or over the foreshore and seabed involved may submit a written objection to the Director of Lands, 20/F, North Point Government Offices, 333 Java Road, North Point, Hong Kong, within two months from the gazette date, i.e. on or before July 24. The notice of such an objection shall describe the interest, right or easement of the objector and the manner in which he or she will be allegedly affected.

     The Government announced today (May 24) that the Financial Secretary, in exercise of the authority under the Insurance Ordinance (Cap. 41) delegated to him by the Chief Executive, has appointed Mr Lee Moung-mo as the Executive Director, General Business, and Mr Marty Lui Yu-kwok as the Executive Director, Long Term Business of the Insurance Authority (IA), for a term of three years from May 27, 2024, to May 26, 2027.
 
     A spokesman for the Financial Services and the Treasury Bureau said, "Mr Lee and Mr Lui, who have been serving executives in the IA, are both financial professionals with extensive regulatory experience and knowledge of the insurance sector. We look forward to their continued service to the IA in their new positions to promote the further development of the insurance market in Hong Kong."
 
     Mr Lee joined the IA in May 2018 and served as Head, Technical Expert Team, before the appointment. He held senior executive positions in the insurance industry before joining the IA. Mr Lui joined the IA at its inception in 2017 and served as Associate Director, Long Term Business, before the appointment. He has extensive experience in the financial regulatory and insurance fields.

     Firing practice will take place at two military sites, namely the San Wai/Tai Ling Firing Range and the Tsing Shan Firing Range, next month (June).
 
     Red flags or red lamps will be hoisted at the firing areas before and during firing practice. For their safety, people are advised not to enter the firing area.
 
     Following are the dates and times for the firing practice sessions in June 2024:
 
San Wai/Tai Ling Firing Range
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Tsing Shan Firing Range
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Attention TV/radio announcers:

Please broadcast the following as soon as possible:

     Here is an item of interest to swimmers.

     The Leisure and Cultural Services Department announced today (May 24) that due to big waves, red flags have been hoisted at Shek O Beach and Big Wave Bay Beach in Southern District, Hong Kong Island. Beachgoers are advised not to swim at these beaches.