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Hong Kong to Auction 350 Vehicle Registration Marks on October 5-6

HK

Hong Kong to Auction 350 Vehicle Registration Marks on October 5-6
HK

HK

Hong Kong to Auction 350 Vehicle Registration Marks on October 5-6

2024-09-19 16:25 Last Updated At:16:38

Auctions of traditional vehicle registration marks to be held on October 5 and 6

The Transport Department (TD) today (September 19) announced that two auctions of traditional vehicle registration marks will be held on October 5 (Saturday) and 6 (Sunday) in Meeting Room S421, L4, Old Wing, Hong Kong Convention and Exhibition Centre, Wan Chai.

"A total of 350 vehicle registration marks will be put up for public sale at each auction. The lists of marks have been uploaded to the department's website, www.td.gov.hk/en/public_services/vehicle_registration_mark/index.html," a department spokesman said.

Applicants who have paid a deposit of $1,000 to reserve a mark for auction should also participate in the bidding (including the first bid at the reserve price of $1,000). Otherwise, the mark concerned may be sold to another bidder at the reserve price.

People who wish to participate in the bidding at the auction should take note of the following important points:

(1) Successful bidders are required to produce the following documents for completion of registration and payment procedures immediately after the successful bidding:

(i) the identity document of the successful bidder;

(ii) the identity document of the purchaser if it is different from the successful bidder;

(iii) a copy of the Certificate of Incorporation if the purchaser is a body corporate; and

(iv) a crossed cheque made payable to "The Government of the Hong Kong Special Administrative Region" or "The Government of the HKSAR". (For an auctioned mark paid for by cheque, the first three working days after the date of auction will be required for cheque clearance confirmation before processing of the application for mark assignment can be completed.) Successful bidders can also pay through the Easy Pay System (EPS). Payment by post-dated cheques, cash or other methods will not be accepted.

(2) Purchasers must make payment of the purchase price through EPS or by crossed cheque and complete the Memorandum of Sale of Registration Mark immediately after the bidding. Subsequent alteration of the particulars in the memorandum will not be permitted.

(3) A vehicle registration mark can only be assigned to a motor vehicle which is registered in the name of the purchaser. The Certificate of Incorporation must be produced immediately by the purchaser if a vehicle registration mark purchased is to be registered under the name of a body corporate.

(4) Special registration marks are non-transferable. Where the ownership of a motor vehicle with a special registration mark is transferred, the allocation of the special registration mark shall be cancelled.

(5) The purchaser shall, within 12 months after the date of auction, apply to the Commissioner for Transport for the registration mark to be assigned to a motor vehicle registered in the name of the purchaser. If the purchaser fails to assign the registration mark within 12 months, allocation of the mark will be cancelled and arranged for re-allocation in accordance with the statutory provision without prior notice to the purchaser.

For other auction details, please refer to the Guidance Notes - Auction of Traditional Vehicle Registration Marks, which can be downloaded from the department's website, www.td.gov.hk/en/public_services/vehicle_registration_mark/tvrm_auction/index.html.

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Unemployment Rate Remains Steady at 3.0% in Hong Kong for June-August 2024

2024-09-19 16:30 Last Updated At:16:38

Unemployment and underemployment statistics for June - August 2024

According to the latest labour force statistics (i.e. provisional figures for June - August 2024) released today (September 19) by the Census and Statistics Department (C&SD), the seasonally adjusted unemployment rate stood at 3.0% in June - August 2024, same as that in May - July 2024. The underemployment rate also remained unchanged at 1.2% in the two periods.

Comparing June - August 2024 with May - July 2024, movements in the unemployment rate (not seasonally adjusted) and underemployment rate in different industry sectors varied, but the magnitudes were generally not large.

Total employment in June - August 2024 was 3 708 500, about the same as that in May - July 2024 (3 708 600). Over the same period, the labour force increased by around 4 400 from 3 826 400 to 3 830 800.

The number of unemployed persons (not seasonally adjusted) increased by around 4 500 from 117 800 in May - July 2024 to 122 300 in June - August 2024. The number of underemployed persons in June - August 2024 was 47 500, the same as that in May - July 2024.

Commentary

Commenting on the latest unemployment figures, the Secretary for Labour and Welfare, Mr Chris Sun, said, "The seasonally adjusted unemployment rate stayed low at 3.0% in June - August 2024, same as May - July 2024. The underemployment rate also remained unchanged at 1.2%. The labour force increased further by 4 400 to 3 830 800. Total employment stayed largely steady at 3 708 500. The number of unemployed persons increased slightly by 4 500 to 122 300."

The unemployment rates of various sectors showed diverse movements in June - August 2024 compared with the preceding three-month period. The unemployment rate of the retail sector stayed unchanged at 4.3%. The unemployment rate of the accommodation services sector went up by 0.4 percentage point to 3.5%, and that of the food and beverage service activities sector edged up by 0.1 percentage point to 5.1%. The unemployment rates of some other sectors also increased, notably the decoration, repair and maintenance for buildings sector and the information and communications sector. On the other hand, the unemployment rates of some sectors declined, notably the insurance sector, the import/export trade and wholesale sector and the transportation sector.

Looking ahead, Mr Sun said, "The overall labour market should remain tight in the near term alongside the continued economic growth, though the employment situation in some sectors may be under pressure as their businesses continue to face challenges."

In June - August 2024, the Labour Department (LD) recorded a monthly average of 68 209 vacancies from the private sector, representing a year-on-year decrease of 35.2% and a decrease of 4.9% over the average figure in May - July 2024.

On large-scale job fairs, the LD will organise the Job Fair for Residential Care Home Service Industry at the MacPherson Stadium in Mong Kok on September 26 and 27, 2024. About 30 employers will participate, offering a large number of vacancies. Job seekers may also make use of the LD's online platforms, such as the Interactive Employment Service website, for obtaining more information on available vacancies.

Further information

The unemployment and underemployment statistics were compiled from the findings of the continuous General Household Survey.

In the survey, the definitions used in measuring unemployment and underemployment follow closely those recommended by the International Labour Organization. The employed population covers all employers, self-employed persons, employees (including full-time, part-time, casual workers, etc.) and unpaid family workers. Unemployed persons by industry (or occupation) are classified according to their previous industry (or occupation).

The survey for June - August 2024 covered a sample of some 26 000 households or 68 000 persons, selected in accordance with a scientifically designed sampling scheme to represent the population of Hong Kong. Labour force statistics compiled from this sample represented the situation in the moving three-month period of June to August 2024.

Data on labour force characteristics were obtained from the survey by interviewing each member aged 15 or over in the sampled households.

Statistical tables on the latest labour force statistics can be downloaded at the website of the C&SD (www.censtatd.gov.hk/en/scode200.html). More detailed analysis of the labour force characteristics is given in the "Quarterly Report on General Household Survey" which is published four times a year. The latest issue of the report contains statistics for the quarter April - June 2024 while the next issue covering the quarter July - September 2024 will be available by end November 2024. Users can also browse and download this publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1050001&scode=200).

For enquiries about labour force statistics, please contact the General Household Survey Section (3) of the C&SD (Tel: 2887 5508 or email: ghs@censtatd.gov.hk).

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