Page-3 of Hong Kong Current Affairs, GK & News

Mumbai: 60th most Expensive in the world

According to the Mercer’s 2020 Cost of Living Survey, Mumbai is the 60th most expensive city in the world. Also, it is the 19th most expensive in Asia. The survey measured its ranking including 209 cities. The measures used to rank the cities were housing, food, transportation, clothing, entertainment and household goods. Highlights The Mercer’s ..

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Singapore tops the Index of Economic Freedom

America-based Heritage Foundation released its Index of Economic Freedom last week. Singapore emerged as the top nation in the index and overtook Hong Kong as the world’s most independent and free economy. Singapore achieved this feat for the first time since 1995, the report was first published. Hong Kong has ever been placed at the ..

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Humphead Wrasse

Environmental activists have called attention to the increasing instances of illegal fishing of the humphead wrasse fish in the waters of Hong Kong. About the Fish The humphead wrasse is a fish that dwells in the coral reefs. It is characterized by the presence of a ‘bump’ on its head. It can grow up to ..

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Recycling of Ships Bill 2019 becomes an Act

The Recycling of Ships Bill, 2019 has become an Act after it received the assent of President of India last Friday on 13th December 2019. The Act will provide regulation for recycling of ships under certain international standards and will lay the statutory mechanism for enforcement of such international standards in the country. India on ..

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The Recycling of Ships Bill, 2019 passed in Parliament

This Bill will have far reaching effects in Indian ship recycling industry.  The existing Ship breaking code (revised), 2013 and the provisions of the Hong Kong convention, 2009 are merged in this bill.  As India is a leader in the global ship recycling industry (30%), it will set global standards. Ships to be recycled in ..

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