NEWS

ECONOMY | Staff Reporter, Hong Kong
Published: 11 Jan 12
720 views


Hong Kong\'s air pollution drives businesses to Singapore
Air pollution in Hong Kong (Photo by johnrathome)

Hong Kong's air pollution drives businesses to Singapore

Air pollution is a pox on Hong Kong’s business.

Just how bad can be gleaned from a report by the city's Environmental Protection Department which said pollution readings at three roadside monitoring stations in Hong Kong's Central, Causeway Bay and Mong Kok commercial districts showed that pollution levels were above the 100 mark more than 20% of the time.

This was 10 times worse than in 2005, when very high readings were recorded only two percent of the time, it said. This makes 2011 the worst year for air pollution in Hong Kong.

The deteriorating air quality in Hong Kong is being caused by vehicle emissions and industrial pollution from the neighboring Pearl River Delta. The worsening air pollution is already forcing many firms in the financial community to move to less polluted Singapore.

The department blamed the rise in pollution on unfavourable weather conditions, worsening background pollution and the number of ageing vehicles on streets.

Hong Kong environmentalists renewed their calls for the immediate introduction of new air quality objectives. They said the government had deliberately delayed their introduction to ease the way for major infrastructure projects.

Read more here.
 

Sign up for our weekly newsletter

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

Tags: air pollution, Hong Kong, Environmental Protection Department, Pearl River Delta

TOP NEWS
Credit card receivables down; delinquencies up
Credit card receivables down; delinquencies up A drop in spending and a rise in delinquencies were experienced by Hong Kong in the first quarter this year.
Credit card receivables down; delinquencies up
Volatility to batter Hong Kong and other financial markets worldwide
Leasing demand for warehouses on the rise
New real estate regulations possible
Turbulence up ahead for Cathay Pacific Airways?
Tsang arrives in Taipei
Capital duty to be banished by June 1
HSBC to part with subsidiaries in four South American countries
SFC seeks public’s opinion on IPO regulation
OTHER ECONOMY NEWS
Korea's department stores suffer biggest decline in 3 years
Korea\'s department stores suffer biggest decline in 3 years Store sales fell by 3.4% as both luxury goods and discount products experience a drop in consumer purchases, by 5.9% and 2.4% respectively.
Credit card receivables down; delinquencies up
Credit card receivables down; delinquencies up
Pay hikes in store for government ministers
Volatility to batter Hong Kong and other financial markets worldwide