MONDAY, SEPTEMBER 5, 1983
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LIQUIDITY RATIOS
THE AVERAGE LIQUIDITY RATIO (AS DEFINED IN S. 18 OF THE BANKING ORDINANCE) FOR ALL BANKS FELL MARGINALLY IN JULY, TO 48.8 PER CENT FROM 49.1 PER CENT IN JUNE. THE AVERAGE LIQUIDITY RATIO (AS DEFINED IN S. 24A OF THE DEPOSIT- TAKING COMPANIES ORDINANCE) FOR ALL DEPOSIT-TAKING COMPANIES WAS VIRTUALLY UNCHANGED, AT 62.9 PER CENT.
NUMBERS OF REPORTING INSTITUTIONS
THE NUMBER OF REPORTING LICENSED BANKS REMAINED UNCHANGED AT 132. THE NUMBER OF LICENSED DEPOSIT-TAKING COMPANIES INCREASED BY THREE TO 29 AND THE NUMBER OF REGISTERED DEPOSIT-TAKING COMPANIES FELL BY SEVEN TO 319.
VILLAGE IMPROVEMENT WORKS STARTING SOON
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TENDERS ARE BEING SOUGHT BY THE SHA TIN NEW TOWN DEVELOPMENT OFFICE OF THE NEW TERRITORIES DEVELOPMENT DEPARTMENT FOR IMPROVEMENTS TO TIN SAM VILLAGE AS PART OF THE CONTINUING PROGRAMME FOR THE DEVELOPMENT OF SHA TIN.
A SPOKESMAN FOR THE DEPARTMENT SAID THAT WORK ON THE PROJECT WOULD INCLUDE THE IMPROVEMENTS TO THE ACCESS TO TIN SAM VILLAGE AND THE CONSTRUCTION OF AN EMERGENCY VEHICLE ROAD AND TWO CAR PARKS IN THE VILLAGE.
OTHER FACILITIES, SUCH AS CHILDREN'S PLAY AREAS, SITTING-OUT AREAS AND A REFUSE COLLECTION POINT WILL BE PROVIDED AND SURFACE WATER DRAINAGE, WATER SUPPLY AND SEWERAGE WILL BE IMPROVED UNDER THE PROJECT.
THE SPOKESMAN SAID, IT ALSO INCLUDES THE FORMATION OF ADDITIONAL PLATFORMS TO PROVIDE SITES FOR UP TO 111 ADDITIONAL VILLAGE HOUSES TO ALLOW FURTHER VILLAGE EXPANSION.
+EXISTING TREES WILL BE RETAINED WHERE POSSIBLE AND THE AREA WILL BE LANDSCAPED TO GIVE A PLEASANT LIVING ENVIRONMENT.
THE SPOKESMAN SAID THAT THE PROJECT WAS THE FIRST ATTEMPT TO PROVIDE SERVICES AND TO GENERALLY IMPROVE THE ENVIRONMENT IN AN EXISTING VILLAGE.
HE SAID, THE AIM IS TO RETAIN THE ESSENTIAL CHARACTERISTICS AND ATMOSPHERE OF A VILLAGE WHILE PROVIDING VILLAGERS WITH THE FACILITIES ENJOYED BY OTHER RESIDENTS OF THE NEW TOWN.
+IN PLANNING THIS PILOT VILLAGE IMPROVEMENT SCHEME PARTICULAR ATTENTION HAS BEEN GIVEN TO THE WISHES OF THE VILLAGERS WHO ARE THE PERSONS MOST CLOSELY AFFECTED BY THE PROJECT.
WORK ON THE PROJECT IS EXPECTED TO BEGIN IN NOVEMBER AND TAKE ABOUT 12 MONTHS TO COMPLETE.
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