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  • August 1, 2014
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  1. Comment - Letters

    Traders' threat to baby milk stocks

    Posted Feb 01st 2013, 12:00am

    ... matters into their own hands in preventing parallel traders from snapping up milk formula. When this problem arose last year, I originally held the belief that this was only a passing occurrence, ... cracking down on illegal immigration, there have not been any new regulations to stop the still-increasing number of parallel traders coming in to Hong Kong. The situation is so bad that ordinary ...

  2. News - Hong Kong - TOURISM

    Parallel importers reject critics and say they benefit Hong Kong economy

    Posted Aug 30th 2012, 03:44am by Phila Siu, Amy Nip

    ... Phila Siu and Amy Nip Mainland parallel importers hit back at criticism and say they contribute to the city's economy Grey market helps HK, traders say Mainland parallel importers ... from next month, saying the move would lead to more mainlanders joining the parallel-imports business. He said the border city should defer the launch of multiple-visit permits for its 4.1 ...

  3. News - Hong Kong

    ‘Black list’ planned to stop parallel goods traders

    Posted Jan 12th 2013, 06:50pm by Tony Cheung

    ... Tony Cheung Immigration officers would set a “blacklist” to ban parallel-goods traders re-entering Hong Kong, security officials vowed on Saturday. Speaking after a police passing-out parade, Secretary for Security Lai Tung-kwok said the government had been in close contact with mainland authorities to crack down on parallel-good trading, which has been annoying residents ...

  4. News - Hong Kong

    Minister's list shows formula milk brands hoarded by traders

    Posted Jan 26th 2013, 12:00am by Emily Tsang and Ng Kang-chung

    ... Emily Tsang and Ng Kang-chung List made of milk formula hoarded by traders The government has obtained information about which formula brands parallel traders are stockpiling, the health ... at a popular staging point, the Advanced Technology Centre in Sheung Shui, where parallel traders collect and drop off their products. Ko said: "We have obtained information from the Security ...

  5. News - Hong Kong - CONSUMER AFFAIRS

    Cross-border limit on baby milk may breach trade rules

    Posted Feb 14th 2013, 12:00am by ERIC NG AND AMY NIP

    ... and International Trade Steering Committee, said: "The quota appears to be aimed at preventing hand-carried exports for parallel trading and the limitation to two [cans] is to ensure it is limited ... Legal expert warns that planned two-can limit on cross-border business could breach the World Trade Organisation's rules A cap on the amount of milk formula travellers can take out ...

  6. News - Hong Kong - TOURISM

    'Improvements' to Hong Kong multi-entry permits eyed, Greg So says after Beijing talks

    Posted Jun 24th 2014, 04:25am by Emily Tsang and Phoenix Kwong

    ... as the visitors were exploiting the scheme to carry parallel-traded goods to the mainland. "This scheme is the reason why parallel trading is getting more and more robust to a point that it is disrupting the daily lives of local people," North District Parallel Imports Concern Group spokesman Ronald Leung-kam-shing said yesterday. But the Hong Kong Retail Management Association said ...

  7. News - Hong Kong - TRANSPORTATION

    MTR's new weight limit aimed at mainland traders

    Posted Oct 06th 2012, 12:00am by ADA LEE AND CLIFFORD LO

    ... Ada Lee and Clifford Lo Traffic in parallel goods across the border faces a roadblock, in the form of a 32kg limit on how much can be carried onto Hong Kong's MTR Weight limit aimed at mainland traders Parallel-goods traders were dealt another blow yesterday when the MTR Corporation announced a new baggage weight limit, which could cut by as much as two-thirds the amount of cargo ...

  8. Business - Banking & Finance - CURRENCIES

    Goldman Sachs warns won-yuan trading will weaken South Korean currency

    Posted Aug 01st 2014, 02:02am by BLOOM

    ... Bloomberg in Seoul US bank predicts that direct trading between won and yuan could slow inflow of US dollars Goldman warns yuan trading will weaken won A plan to start direct trading ... GOOHOON, GOLDMAN SACHS South Korea's trade surplus with mainland China, its biggest export partner, amounted to US$24 billion in the first six months of this year, according to a July ...

  9. News - World - TRADE

    Kick Japan and Canada out of trade deal talks, US lawmakers urge Obama

    Posted Jul 31st 2014, 09:56pm by Reuters

    ... Reuters in Washington US lawmakers press Obama on pact A bipartisan group of US lawmakers said Japan and Canada's refusal to drop all barriers to farm imports under a Pacific trade ... made an "unprecedented and objectionable" offer exempting numerous products from tariff elimination, which could set a damaging precedent for other trade talks, they said. "We ...

  10. Comment - Letters

    Failing to grasp dire consequences of Africa's wildlife trade

    Posted Jul 31st 2014, 04:26am by LETTERS

    ... Failing to grasp dire consequences of Africa's wildlife trade As a conservation biologist from Hong Kong doing research in Central Africa, I am often asked a question some find ... people on the mainland and in Hong Kong truly understood and deeply felt the consequences of the wildlife trade, the crisis might not be nearly so dire. But often we fail at simple geography (I ...




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