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Kowloon Park arts fair to open

The Leisure & Cultural Services Department will launch a new phase of its Arts Fun Fair at Kowloon Park this Sunday.   It will have 16 stalls displaying and selling craftworks that feature fabric crafts, floral artworks and ornaments. Park-goers can also participate in art services such as painting and portrait sketching.   The fair will be open from 1pm to 7pm on Sundays and public holidays at the park's loggia until May 26 next year.   Visitors can enjoy the park’s beautiful scenery while appreciating a wide range of handicrafts and artworks.   The Arts Corner at Hong Kong Park is being held from noon to 6pm on Saturdays, Sundays and public holidays until December 31.   The Arts Corner at Victoria Park welcomes applications from today until June 23 for operating stalls in the coming round of the fair.   For enquiries about the fair in Kowloon Park, call 2724 3344. For questions about Hong Kong Park and Victoria Park, call 2521 5041 or 2890 5824 respectively. http:
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Apr exports value up 1.1%

The value of Hong Kong’s total goods exports increased to $389 billion in April, up 1.1% compared with the same month last year, the Census & Statistics Department announced today.   The value of imports of goods rose 2.1% to $425.6 billion for the same period.   A trade deficit of $36.6 billion, or 8.6% of the value of imports, was recorded for the month.   Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of total exports decreased 12% while that of imports fell 11.7%.   The Government said epidemic-induced transportation disruptions, though easing somewhat in the latter part of the month, continued to constrain export performance.   It pointed out that exports to the Mainland fell while those to the US and the European Union posted visible growth.   Looking ahead, the global economic outlook has worsened amid rampant inflation in some major economies and monetary policy tightening by respective central banks in response, tensions in Ukraine, and the lingering threat of the pandemic. This would continue to weigh on Hong Kong's export performance in the near term.   Nonetheless, the stable local epidemic situation should be conducive to the gradual revival of cross-boundary land transportation, alleviating some of the pressures facing the external sector.
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