• Fri
  • Dec 19, 2014
  • Updated: 8:52am

Parallel trading

The influx of parallel traders who buy their stock tax-free in Hong Kong to resell it in mainland China at a profit is causing growing unrest. Residents of Sheung Shui, a town close to China's border, say the increase in parallel importers has pushed up retail prices and causes a general nuisance. Importers argue that their trade benefits the Hong Kong economy.

CommentInsight & Opinion

Talking points

Our editors will be looking ahead today to these developing stories ...

PUBLISHED : Monday, 04 February, 2013, 12:00am
UPDATED : Monday, 04 February, 2013, 3:02am

East Rail luggage limit falls from 33kg to 23kg

The maximum weight limit for passengers' luggage on the MTR's East Rail Line drops from 33kg to 23kg today. This is one of the measures announced last week to crack down on mainlanders buying milk formula in Hong Kong, which has led to a shortage. The government has set up a 24-hour hotline for local parents to order formula. The government has proposed a ban on people leaving the city with more than two cans of formula, a measure that could go into force this month.

 

Cambodia cremates revered former king

Thousands of mourners attend the cremation of former Cambodian King Norodom Sihanouk in Phnom Penh. Sihanouk's embalmed body, lying in state in the capital awaiting an auspicious date since his death in October, was carried from the royal palace on Friday to an ornate funeral pyre specially built in a city park.

 

Fishermen march against ban on trawling

About 1,000 fishermen march from Central's Chater Garden to the government headquarters to protest against the ban on trawling that went into force on January 1. The goal of the ban is to reverse the severe depletion of fish stocks caused by the use of trawlers, which indiscriminately net all species in the trawl and damage the seabed.

 

Terror suspects back in Pakistan's top court

Pakistan's Supreme Court resumes hearing the case of seven terror suspects who have been held without trial since 2007 even though a judge ordered their release in 2010. The decision by the country's top court to take up the case is seen as a challenge to perceptions that the shadowy Inter-Services Intelligence agency and other branches of the security services operate above the law.

 

Nadal returns from seven-month lay-off

Rafael Nadal returns from a seven-month injury lay-off at the Vina del Mar clay court event in Chile. Ranked world No 5 after not playing since his shock second-round defeat at Wimbledon in June, the winner of 11 grand slams is keen to cool speculation over whether he can return to No 1, now occupied by Novak Djokovic. "After seven months without playing, I am not even thinking of the world No 1 spot. I am just concentrating on doing my best," the Spaniard said. Recurrence of a long-standing knee injury as well as illness kept him off the tour. Those setbacks meant he missed the Olympics, where he was the defending champion, the US Open, the Davis Cup final and last month's Australian Open.

 

Yancheng, Wenzhou join Taiwan travel push

The cities of Yancheng in Jiangsu province and Wenzhou in Zhejiang province will be able to issue travel permits to Taiwanese starting from tomorrow. They bring to 32 the number of mainland cities given authority to issue permits in a bid to promote tourism between the mainland and Taiwan.

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