Temporary suspension of self-service library station services

     The self-service library station located at Island East Sports Centre Sitting-out Area will suspend services from 8pm on August 13 to 3am on the following day to facilitate periodic inspection and testing of electrical installations at the venue, a Leisure and Cultural Services Department spokesman announced today (August 7).
 
     During the service suspension period, readers are welcome to use the book drop service of other public libraries to return library materials. They may also renew library materials by telephoning 2698 0002 or 2827 2833 or via www.hkpl.gov.hk.




Yuen Long recycling site raided by EPD for illegal handling of hazardous electronic waste (with photos)

     A recycling site in Yuen Long, which illegally handled hazardous electronic waste (e-waste), was raided during an inter-departmental blitz enforcement operation in January by the Environmental Protection Department (EPD). The company concerned, Mei Wah Environmental (Hong Kong) Company Limited, was convicted at Fanling Magistrates' Courts today (August 7) for contravening the Waste Disposal Ordinance (WDO) and the Waste Disposal (Chemical Waste) (General) Regulation and was fined a total of $130,000. This company was also fined $41,000 in May this year for contravening the WDO and the Regulation.
      
     An EPD spokesman said that a blitz operation was jointly conducted with the Police in January this year at various open recycling sites at Shan Ha Tsuen in Yuen Long. It was found that a recycling site operated by Mei Wah Environmental (Hong Kong) Company Limited illegally stored waste printed circuit boards (PCBs) and LCD monitors, which are classified as chemical waste. About 6 700 waste LCD monitors and five bags of waste PCBs weighing about 1.2 tonnes were found during the operation, with a total market value of approximately $800,000. Upon investigation and evidence gathering, the EPD initiated prosecution against the operator of the recycling site concerned in accordance with the Regulation.
      
     The spokesman stressed that dismantled or destroyed PCBs, LCD monitors and cathode ray tubes are hazardous e-waste, containing heavy metals and other toxic substances. They are classified as chemical waste and are regulated under the existing laws on chemical waste disposal. The EPD is all along been committed to combating the illegal collection, storage, handling and import and export activities of hazardous e-waste. Anyone who violates the above laws shall be liable to a maximum fine of $200,000 and six months' imprisonment for the first conviction. For subsequent offences, offenders are liable to a maximum fine of $500,000 and two years' imprisonment.
      
     Members of the public may visit the EPD's website for more information about the control of chemical waste: www.epd.gov.hk/epd/english/environmentinhk/waste/guide_ref/guide_cwc.html.

Photo  Photo  



Effective Exchange Rate Index

     The effective exchange rate index for the Hong Kong dollar on Tuesday, August 7, 2018 is 104.2 (same as yesterday's index).




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 : August 7, 2018
Paper on offer : EF Bills
Issue number : Q1832
Issue date : August 8, 2018
Maturity date : November 7, 2018
Amount applied : HK$133,160 MN
Amount allotted : HK$40,096 MN
Average yield accepted : 1.33 PCT
Highest yield accepted : 1.35 PCT
Pro rata ratio : About 18 PCT
Average tender yield : 1.37 PCT
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Tender date : August 7, 2018
Paper on offer : EF Bills
Issue number : H1861
Issue date : August 8, 2018
Maturity date : February 8, 2019
Amount applied : HK$43,700 MN
Amount allotted : HK$11,000 MN
Average yield accepted : 1.47 PCT
Highest yield accepted : 1.48 PCT
Pro rata ratio : About 99 PCT
Average tender yield : 1.57 PCT
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Tender date : August 7, 2018
Paper on offer : EF Bills
Issue number : Y1892
Issue date : August 8, 2018
Maturity date : August 7, 2019
Amount applied : HK$14,900 MN
Amount allotted : HK$5,000 MN
Average yield accepted : 1.60 PCT
Highest yield accepted : 1.62 PCT
Pro rata ratio : About 37 PCT
Average tender yield : 1.72 PCT

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     Hong Kong Monetary Authority Tenders to be held in the week beginning August 13, 2018:
 

Tender date : August 14, 2018
Paper on offer : EF Bills
Issue number : Q1833
Issue date : August 15, 2018
Maturity date : November 14, 2018
Tenor : 91 Days
Amount on offer : HK$43,848 MN
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Tender date : August 14, 2018
Paper on offer : EF Bills
Issue number : H1862
Issue date : August 15, 2018
Maturity date : February 13, 2019
Tenor : 182 Days
Amount on offer : HK$10,000 MN



Temporary suspension of Mobile Library 10 service at Ching Ho Estate in Sheung Shui

     The Leisure and Cultural Services Department announced today (August 7) that the services provided by Mobile Library 10 at Ching Ho Estate in Sheung Shui will be suspended from August 14 until further notice to facilitate refurbishment work at the venue.
 
     For enquiries about the services of Mobile Library 10, please call 2450 1857.
 
     Readers are welcome to use other public libraries during the service suspension period. They may also renew library materials by telephoning 2698 0002 or 2827 2833, or via the Internet at www.hkpl.gov.hk.