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Bay area exam creates opportunities

I am delighted to learn that the inaugural Greater Bay Area Legal Professional Examination was held successfully in Hong Kong today. I am truly grateful to the Ministry of Justice for its policy on implementing the Greater Area Bay exam and related training, and its dedicated efforts all along.   The bay area exam, originally scheduled to be held earlier this year, was postponed due to the COVID-19 pandemic. The ministry then decided to set up new examination venues in Hong Kong in addition to those in Shenzhen and Zhuhai, and signed a memorandum of understanding with the Department of Justice for the department to co-ordinate with the Hong Kong Examinations & Assessment Authority to handle examination-related work. Such arrangement has brought great convenience to Hong Kong candidates.   Thanks to the ministry’s staunch support all along, the bay area exam was set up in response to the suggestions and aspirations of the Hong Kong legal sector. It will no doubt provide an exten

Composite interest rate drops

The composite interest rate fell to 0.22% at the end of March from February’s 0.23%, the Monetary Authority announced today.   It said the drop reflected a decrease in the weighted funding cost for deposits during the month.   The composite interest rate is a measure of the average cost of funds of banks.
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