Friday, February 27, 2015   

Lower sales due to mainland visitors: government
(06-03 18:34)

Hong Kong retail sales have fallen for a third consecutive month, with the decline accelerating sharply to 9.8-percent in April.
The government attributed the drop to a plunge in sales of high-value goods such as jewellery, watches. It noted that the decline may reflect a cutback in visitor spending after a prolonged period of brisk growth.
Speaking before the release of the new figures, the Chief Executive, Leung Chun-ying said he hoped they would stimulate further discussion on whether Hong Kong should act to reduce the number of mainlanders visiting the territory. --RTHK   
Other Hong Kong breaking news:
More hope for reform proposal: Tam (1 hr 4 mins ago)
Unions demand seven days' paternity leave (1 hr 40 mins ago)
Alan Hoo joins Liberal Party (2 hrs 59 mins ago)
Abusive employer of Indonesian helper Erwiana jailed for six years (02-27 12:24)
Labor shortage hit on healthcare: FS (02-27 12:23)
Egypt submits balloon crash report (02-27 12:22)
Agency convicted and fined HK$7,000 for overcharging domestic helper (02-27 12:08)
Tsang denies fee cuts a political move (02-27 12:08)
Erwiana's boss faces up to seven years' prison for abuse (02-27 11:08)
Tsang keeps options open on rising property prices (02-27 10:23)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.