President Putin met with his cabinet to address fuel and transport sector operations. He instructed officials to expedite fuel supplies to Crimea, stating current shortages are temporary and the energy sector has a high safety margin. Measures include rescheduling refinery maintenance and imposing a ban on diesel exports.
Hong Kong's transport sector is urging faster cross-border immigration clearance and an expansion of the Northbound Travel for Hong Kong Vehicles scheme to include more mainland Chinese cities beyond Guangdong. The scheme, extended to 2031, allows local cars to enter Guangdong for up to 30 days per trip.
Italy will extend fuel excise tax cuts until the first week of June and provide support for truckers and local public transport. The government will also address the situation at the Ex-Ilva steel plant.
Pfizer and Amgen, each valued at over HK$1 trillion, are among 22 strategic enterprises planning to open or expand offices in Hong Kong. The companies from fintech, cloud computing and aerial transport sectors will sign agreements with the Office for Attracting Strategic Enterprises, marking the sixth cohort under the government's flagship investment-attraction initiative.
