5
TUESDAY, JANUARY 17, 1989
"WHAT MAKES A FINANCIAL CENTRE MANPOWER, HE STRESSED.
WORK, HOWEVER, IS TRAINED
"AS OUR FINANCIAL SECTOR HAS GROWN, AS MORE AND MORE INTERNATIONAL BANKS HAVE OPENED OFFICES AND BRANCHES HERE, THE NEED FOR QUALIFIED PERSONNEL AT ALL LEVELS HAS GROWN.
MR LI SAID THE BANKING TRAINING CENTRE, WHICH BEGAN OPERATION LAST APRIL, WOULD HELP MEET THAT NEED.
"CAPABLE OF PROVIDING OVER 4,000 PLACES ANNUALLY, THIS WELL-EQUIPPED FACILITY PROVIDES SKILLS AND UPGRADING TRAINING FOR
STAFF IN THE BANKING INDUSTRY, HE POINTED OUT.
THE COURSES OFFERED BY THE CENTRE HAVE PROVED POPULAR.
BY THE END OF LAST YEAR, MORE THAN 1.700 BANKING STAFF HAD RECEIVED TRAINING, THE MANAGER OF THE CENTRE, MR LYLE DAVISON, REPORTED.
"MOREOVER, IT IS VERY ENCOURAGING THAT THE CENTRE HAS RECEIVED 4,000 APPLICATIONS FOR 2,000 PLACES IN 10 DIFFERENT TYPES OF COURSE WHICH ARE BEING OFFERRED IN THE FIRST HALF OF THIS YEAR.
"EVENTUALLY, THE CENTRE WILL. OFFER A PORTFOLIO OF SOME 40 COURSES TO BANKING STAFF AT ALL LEVELS, MR DAVISON ADDED.
FOREIGN EXCHANGE MARKET SURVEY
* * * *
THE MONETARY AFFAIRS BRANCH WILL CARRY OUT A SURVEY OF THE FOREIGN EXCHANGE MARKET IN HONG KONG IN APRIL.
EXPLAINING THE BACKGROUND TO THE EXERCISE, A GOVERNMENT
FOREIGN EXCHANGE SPOKESMAN SAID TODAY (TUESDAY): "THE
MARKET IS A MAJOR AND ESSENTIAL ELEMENT CONTRIBUTING TO HONG KONG'S ROLE AND STATUS AS AN INTERNATIONAL FINANCIAL CENTRE.
"HOWEVER, THERE ARE NO OFFICIAL STATISTICS ON THE SIZE AND
FOREIGN COMPOSITION OF
EXCHANGE TRANSACTIONS IN
THIS HONG KONG. SURVEY IS INTENDED TO HELF US UNDERSTAND BETTER THIS IMPORTANT SEGMENT OF OUR FINANCIAL MARKET AND TO GAUGE ITS DEVELOPMENT.
WITH THE SURVEY WILL COINCIDE
SIMILAR SURVEYS CONDUCTED IN OTHER INTERNATIONAL FINANCIAL CENTRES, INCLUDING LONDON AND NEW
YORK.
TOKYO, OTTAWA, TORONTO, ZURICH AND PARIS CONDUCT THESE SURVEYS ROUND ABOUT THE SAME TIME.
ARE ALSO LIKELY
TO
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