T
WEDNESDAY, NOVEMBER 9, 1988
34
UP OF THE SINGLE
EUROPEAN
MARKET,
ON THE SETTING PROMISED THAT THE GOVERNMENT WOULD MONITOR THE SITUATION VERY AUTHORITATIVE THOUGH THERE HAD BEEN WELCOME STATEMENTS FROM
SINGLE MARKET IN 1992, SAYING THAT UPON COMPLETION OF WOULD FULFIL ITS INTERNATIONAL OBLIGATIONS AND WOULD NOT TURN "FORTRESS".
BROUGHT HAD
MR SZE CLOSELY
SOURCES
EUROPE
INTO A
FABRICS OVER THE
150 KONG ΤΟ HONG INTERSTOFF ASIA '88 MANUFACTURERS FROM 20 FOREIGN COUNTRIES AND TERRITORIES ALL
WORLD.
AND YARNS ON DISPLAY
MR SZE SAID HE WAS PLEASED THAT LOCAL MANUFACTURERS COULD
HIGH SELECTION OF
WITH VIEWS THE CHANCE TO CAREFULLY SURVEY THE WIDE FABRICS COUNTERPARTS,
AND EXCHANGED
HAVE FASHION THEIR
INCOME LIMITS AND HOME PURCHASE LOAN SCHEME TO BE REVIEWED
OF
IN
EXERCISE ONE HOME OWNERSHIP SCHEME AND
CRITERIA THE ELIGIBILITY
MR FREDDIE HOUSING,
THE
THE
OF
THE HOUSING AUTHORITY WILL BE REVIEWING CURRENT INCOME LIMITS FOR BOTH THE WAITING LIST AND THE AMOUNT, QUOTA AND THE HOME PURCHASE LOAN SCHEME, THE DIRECTOR PANG, SAID TODAY.
KONG AIMED TO
SPEAKING AT THE REGULAR MEETING OF THE LIONS CLUB OF HONG NORTH THIS EVENING, MR PANG SAID THE REVIEWING EXERCISE WAS BE COMPLETED BY EARLY 1989.
RENTAL MIGHT BE NUMBER OF
LIMITS FOR PUBLIC LIST INCOME HE SAID THAT WAITING HOUSING WERE REVIEWED ANNUALLY, AND REVISIONS TO THE LIMITS
OF A INTO CONSIDERATION THE EFFECT MADE AFTER TAKING FACTORS INCLUDING INFLATION, REAL INCOME GROWTH AND SO ON.
IN THE HOUSEHOLD INCOMES
AT TAKE A FRESH LOOK
"GIVEN THE MOVEMENT OF PRICES AND LAST YEAR OR SO, THE TIME HAS COME FOR US TO THESE LIMITS," HE SAID.
MR PANG POINTED OUT THAT THERE WERE ADVANTAGES
LOAN SCHEME REVIEWED TWO INCOME LIMITS AND THE BECAUSE THEY WERE INTER-RELATED AND HAD DEMAND.
IMPLICATION
IN HAVING THE AS ONE EXERCISE
THE ON
HOUSING
THE HOUSING AUTHORITY
RECOMMENDATIONS WILL BE PUT FORWARD TO FOR IMPLEMENTATION AS FROM APRIL 1 NEXT YEAR, MR PANG ADDED.
THE CENT WAS PURELY ON DOMESTIC RENT POLICY, MR PANG SAID RECENT REPORTS THAT
POLICY HAD MEDIAN RENT-INCOME RATIO WOULD BE RAISED TO 20 PER SPECULATION BECAUSE A REVIEW OF THE CURRENT DOMESTIC RENT YET TO BE CONDUCTED.
/HOWEVER, HE ...