SATURDAY, JULY 2, 1983
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FARMERS GET $23 MILLION IN LOANS
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MORE THAN $22.7 MILLION WAS LENT TO FARMERS AND FISHERMEN LAST YEAR FROM FUNDS ADMINISTERED BY THE AGRICULTURE AND FISHERIES DEPARTMENT, THE ACTING DIRECTOR, DR H. Y. LEE SAID TODAY.
AND ANOTHER $260 500 WAS AWARDED TO STUDENTS TO STUDY AT LOCAL AND OVERSEAS UNIVERSITIES UNDER THE AGRICULTURAL AND MARINE FISH SCHOLARSHIP FUNDS WHICH ARE ALSO ADMINISTERED BY THE DEPARTMENT.
DR LEE MADE THESE HIGHLIGHTS AT THE 61ST INTERNATIONAL CO-OPERATIVE DAY CELEBRATIONS.
HE SAID THAT OF THE LOANS GRANTED TO FARMERS, SOME 30 PER CENT WERE CHANNELLED THROUGH THE CO-OPERATIVE SOCIETIES WHILE OF THE FISHERMEN'S LOANS SOME 60 PER CENT WERE DISTRIBUTED THROUGH THE SOCIETIES.
+DESPITE THE EXCEPTIONALLY BAD WEATHER WHICH REDUCED LOCAL VEGETABLE PRODUCTION BY 12 PER CENT DURING THE PAST YEAR, THE VEGETABLE CO-OPERATIVE SOCIETIES CONTINUED TO PLAY THEIR IMPORTANT ROLE IN THE MARKETING OF VEGETABLES,+ SAID DR LEE.
DR LEE SAID THE FISHERMEN HAD A GOOD YEAR IN 1982 AND OF THE 172 000 TONNES OF FISH LANDED BY THE FLEET, ABOUT 40 PER CENT WERE MADE BY MEMBERS OF FISHERMEN'S CO-OPERATIVE SOCIETIES.
MEANWHILE A SPOKESMAN FOR THE AGRICULTURE AND FISHERIES DEPARTMENT SAID TODAY THAT SPECIAL LOW INTEREST LOANS WOULD BE MADE AVAILABLE TO CHICKEN FARMERS AS FROM MONDAY.
HE SAID THE DEPARTMENT HAD RECEIVED 1 600 APPLICATIONS FROM CHICKEN FARMERS FOR LOANS AND THESE WERE BEING PROCESSED.
REMINDER TO RATEPAYERS
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RATEPAYERS ARE REMINDED THAT RATES FOR THE THIRD QUARTER OF 1983 MUST BE PAID BY MOON ON JULY 30.
A SPOKESMAN FOR THE TREASURY SAID TODAY (SATURDAY) THAT LATE PAYMENTS MAY BE SUBJECT TO A FIVE PER CENT SURCHARGE AND A FURTHER SURCHARGE OF 10 PER CENT ON ACCOUNTS STILL OUTSTANDING SIX MONTHS AFTER THE DUE DATE.
HE SAID RATEPAYERS SHOULD HAVE BY NOW RECEIVED DEMAND NOTES.
THOSE WHO HAVE NOT YET RECEIVED DEMAND NOTES SHOULD APPLY FOR A COPY AT THE RATES SECTION OF THE TREASURY, CENTRAL GOVERNMENT OFFICES (WEST WING), NINTH FLOOR, 11 ICE HOUSE STREET, HONG KONG- OR AT THE YAU MA TEI SUB-TREASURY, FOURTH FLOOR, 405 NATHAN ROAD, KOWLOON.
/+WHETHER OR