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TUESDAY, APRIL 4, 1989
TEXTILES IMPORT LICENSING SYSTEM TO BE COMPUTERISED
CONTRACT VALUED THE TRADE DEPARTMENT TODAY (TUESDAY) SIGNED A
SYSTEMS LTD FOR THE PROVISION OF COMPUTER AT $856,000 WITH EDPS
OF COMPUTERISATION SYSTEM
FOR THE DEVELOPMENT SERVICES DEPARTMENT'S TEXTILES IMPORT LICENSING SYSTEM.
THE
OF
IMPORTS OF TEXTILES INTO HONG KONG ARE SUBJECT TO THE ISSUE
AT PRESENT, ALL TEXTILES IMPORT LICENCES BY THE TRADE DEPARTMENT.
NUMBER IMPORT LICENCES ARE PROCESSED MANUALLY AND THE EVER INCREASING
HEAVY STRAIN ON STAFF OF APPLICATIONS IN RECENT YEARS HAS PLACED A
RESOURCES.
IN 1988, THE TRADE DEPARTMENT PROCESSED MORE THAN TEXTILES IMPORT LICENCES, UP 15.5 PER CENT ON 1987. THESE AT ABOUT 4,000 LICENCES PER WORKING DAY.
FOR THE FIRST TWO MONTHS IMPORT LICENCES PROCESSED ROSE CORRESPONDING PERIOD IN 1988.
ONE MILLION WORKED OUT
OF 1989. THE NUMBER OF TEXTILES BY 25 PER CENT COMPARED
WITH
THE
"APART
FROM
STREAMLINING
THE
EXISTING
COMPUTERISATION OF THE TEXTILES
PROVIDE ESSENTIAL
PRODUCTS INTO HONG
MANAGEMENT
KONG, MR
LICENSING IMPORT INFORMATION ON
MATTHEW CHEUNG
SYSTEM
OPERATION,
WILL HELP
ASSISTANT
THE FLOW OF TEXTILE
KIN CHUNG,
DIRECTOR OF TRADE, SAID TODAY AT THE CONTRACT SIGNING CEREMONY.
"THIS WILL ALSO ENHANCE AND MONITORING ABILITY,
THE
TRADE DEPARTMENT'S
"
HE ADDED.
SURVEILLANCE
MR CHEUNG SAID THAT COMPUTERISATION WOULD HELP ELIMINATE ERROR AND IMPROVE STATISTICAL COMPILATION.
HUMAN
THE COMPUTERISED TEXTILES IMPORT LICENSING SYSTEM TO COME ON STREAM BY FEBRUARY NEXT YEAR.
IS EXPECTED
0
DEPOSIT-TAKING FIRM REGISTRATION REVOKED
* *
OF
BEEN
THE COMMISSIONER OF BANKING ANNOUNCED THAT THE REGISTRATION BACHE TRADE FINANCE ASIA LIMITED AS A DEPOSIT-TAKING COMPANY HAS
ITS OWN REQUEST REVOKED AT THE CLOSE OF BUSINESS TODAY (APRIL 4) AT UNDER SECTION 31(2) OF THE BANKING ORDINANCE.
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