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EMSD Announces November 2024 Auto-LPG Price Increases for Dedicated Filling Stations

HK

EMSD Announces November 2024 Auto-LPG Price Increases for Dedicated Filling Stations
HK

HK

EMSD Announces November 2024 Auto-LPG Price Increases for Dedicated Filling Stations

2024-10-25 11:00 Last Updated At:11:08

Adjustment in ceiling prices for dedicated LPG filling stations in November 2024

The Electrical and Mechanical Services Department (EMSD) today (October 25) announced an adjustment to the auto-LPG (liquefied petroleum gas) ceiling prices for dedicated LPG filling stations from November 1 to November 30, 2024, in accordance with the terms and conditions of the contracts for dedicated LPG filling stations.

A department spokesman said that the adjustment on November 1, 2024, would reflect the movement of the LPG international price in October 2024. The adjusted auto-LPG ceiling prices for dedicated LPG filling stations would range from $3.71 to $4.6 per litre, amounting to an increase of $0.1 to $0.11 per litre.

The spokesman said that the auto-LPG ceiling prices were adjusted according to a pricing formula specified in the contracts. The formula comprises two elements - the LPG international price and the LPG operating price. The LPG international price refers to the LPG international price of the preceding month. The LPG operating price is adjusted on February 1 and June 1 annually according to the average movement of the Composite Consumer Price Index and the Nominal Wage Index.

The auto-LPG ceiling prices for respective dedicated LPG filling stations in November 2024 are as follows:

Location of

Dedicated

LPG Filling Station

Auto-LPG

Ceiling

Price in

November 2024 (HK$/litre)

Auto-LPG

Ceiling

Price in

October 2024 (HK$/litre)

Kwai On Road, Kwai Chung

3.71

3.61

Sham Mong Road, Mei Foo

3.77

3.67

Wai Lok Street, Kwun Tong

3.82

3.72

Cheung Yip Street, Kowloon Bay

3.87

3.77

Ngo Cheung Road, West Kowloon

3.88

3.78

Yuen Chau Tsai, Tai Po

3.93

3.83

Tak Yip Street, Yuen Long

4.04

3.94

Hang Yiu Street, Ma On Shan

4.06

3.96

Marsh Road, Wan Chai

4.07

3.97

Fung Mat Road, Sheung Wan

4.09

3.99

Yip Wong Road, Tuen Mun

4.19

4.08

Fung Yip Street, Chai Wan

4.60

4.50

The spokesman said that the details of the LPG international price and the auto-LPG ceiling price for each dedicated LPG filling station had been uploaded to the EMSD website (www.emsd.gov.hk) and posted at dedicated LPG filling stations to enable the trades to monitor the price adjustment.

Details of the pricing adjustment mechanism for dedicated LPG filling stations can also be viewed under the "What's New" section of the department website at www.emsd.gov.hk/en/what_s_new/current/index.html.

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Sabrina Ho Appointed Chairman of Mandatory Provident Fund Schemes Appeal Board

2024-10-25 11:00 Last Updated At:11:08

Appointments to Mandatory Provident Fund Schemes Appeal Board

The Financial Secretary, in exercise of the authority under the Mandatory Provident Fund Schemes Ordinance (Cap. 485) (MPFSO) delegated to him by the Chief Executive, has appointed Ms Sabrina Ho Shuk-ying as the Chairman of the Mandatory Provident Fund Schemes Appeal Board (MPFSAB). He has also appointed Mr Chu Hon-chung, Mr Davey Lee Kwun-kwan and Ms Juan Leung Chung-yan, and reappointed Mr Edward Au Chun-hing and Mr Raymond Ng Ching-fat as members of the MPFSAB. The appointments are for a term of two years, effective from November 1, 2024, until October 31, 2026, both dates inclusive.

Announcing the appointments today (October 25), a spokesperson for the Financial Services and the Treasury Bureau said, "According to section 35 of the MPFSO, the MPFSAB is tasked to determine appeals against the decisions of the Mandatory Provident Fund Schemes Authority as specified in Schedule 6 to the MPFSO. It comprises members from various sectors with different expertise and experience. We trust that the serving and the newly joined members will contribute to the effective operation of the MPFSAB and judiciously ensure the MPFSAB discharges its statutory functions."

The spokesperson also thanked the outgoing Chairman, Ms Eva Sit Yat-wah, SC, and the outgoing members, Mr Chow Luen-kiu, Ms Tam Kam-lin and Ms Lily Wong, for their dedicated services during the tenure.

The new membership of the MPFSAB is as follows:

Chairman

-----------

Ms Sabrina Ho Shuk-ying

Deputy Chairman

-----------

Ms Miranda So Man-wah

Members

----------

Mr Edward Au Chun-hing

Mr Chu Hon-chung

Ms Ding Chen

Mr Davey Lee Kwun-kwan

Ms Juan Leung Chung-yan

Mr Edward Liu Yang

Mr Raymond Ng Ching-fat

Ms Anita Tsang Wing-ngar

Miss Sandy Wong Hang-yee

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