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vinent consultants From the United Kingdou has bega vol...sioned by the govermens to conduct a survey Acto exhebing wholesale marketing practices in
The wesults of the nine months' survey will be dar- porebud ju planning new wholesale merket complexes, esbl abed to cost almost HK300 million (231.6 million) ab Cheung Sha Wan in Kowloon and the western reci ́mation on Hong Kong Island, said br. Ted Nichols, the Director of griculture and Fisheries, when he signed a BAX? million $105,000 consultancy controb with the Ch fomnia ent
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The new markets are expected to be operational in 1994 and will replace existing and temporary markets at Cheung Sha Wan and Kennedy Town. The government's complex for the wholesale marketing of vegetables, fruit, freshwater fish, poultry and eggs is estimated to cost about DEX24-3 million (825.6 million), while the fish marketing organisation complex for the marketing of marine fish is expected to cost about in243 million (34.5 million).
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Mr. Joseph Cheng Chik-Shin, who has been appointed Acting Sender Assistant Commissioner of Police, will hear the Ordsonal Investigation Department of the Royal Song Kong Police Force. Mr. Cheng, aged 45, has become the highest a cont Ma ̧ Chia.be pollo. ofliver since the long dowy Torno becue. He also notched another first by being promoted two ranke by was formerly Chief Superintendent in charge of the darcotics Bureau, Mr. Cheng joined the force as a probatkodery Bub-Inspector 25 years ago.
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the * 2004 Stuck wankets were sent reeling this week in
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the wake of en adomoscued announcement by the Exchanne Banks' Association of an increase in interest rates. Panic selling sent the Kong Seng Index down by 28.38 points to 000.39 on Wedrosder the hoeviest daily index fall this your. The meriketa tool onother battering on Thursday, with the Hang Borg Index pimaging a further 34.97 points to 560.41 -- the worsh tally performance sice July 1975. The change Banke Ausociation decided at an extraordinary meeting on Tuesday ve increase interest rays on savings and deposit accounts by one pan onau, effective on Thursday. At the same time. the
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Hong Kong and Shanghel Bank and the Chartered Bank also announced they would reise their prime (best lending) rate by 11 per cous to 83 per cent, also effective Thursday, decision come only 11 days after deposit rates had been pained by one per cent and the prime rate by 14 per cent.
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