2
TUESDAY, JANUARY 22, 1991
THE
CURRENT FARE
BY THE
SCALE FOR
TRANSPORT
THE APPROPRIATENESS OF AIR-CONDITIONED SERVICES IS BEING REVIEWED DEPARTMENT.
THE TAC NOTED THAT
ON THE CMB'S PROPOSED FLEET REQUIREMENT, THERE WAS A DAILY OPERATIONAL NEED FOR 790 BUSES AT DECEMBER 1991, RISING TO 829 AT DECEMBER 1995.
UNDER THE PROGRAMME, THE CMB ENVISAGRD THE PURCHASE OF 244 BUSES AND THE SCRAPPING OF 228 BUSES BETWEEN 1991 AND 1995.
THE COMMITTEE NOTED THAT THE CMB PLANNED TO INVEST ABOUT $800 MILLION ON NEW BUSES OVER THE NEXT FIVE YEARS.
THE TAC WAS INFORMED THAT THE TRANSPORT DEPARTMENT WOULD KEEP UNDER REVIEW THE CASE FOR FURTHER INVESTMENT IN NEW BUSES, HAVING REGARD TO CHANGES IN THE CMB'S INCOME AND EXPENDITURE POSITION.
ON DEPOT DEVELOPMENT, THE CMB DID NOT PLAN ΤΟ ACQUIRE ANY ADDITIONAL PERMANENT DEPOT AS ITS FLEET SIZE WAS EXPECTED TO REMA IN STABLE WITHIN THE FPP PERIOD.
THE TRANSPORT DEPARTMENT SUPPORTED THE CMB'9 PROPOSAL ΤΟ OBTAIN, UNDER SHORT-TERM TENANCY, A PARKING SITE AT SIU SAI WAN FOR THE PURPOSE OF KEEPING DOWN THE NUMBER OF BUSES PARKED ON-STREET AT BUS TERMINI.
OR
TO
THE COMMITTEE WAS BRIEFED ON THE INFLATION ASSUMPTIONS USED DERIVE THE FINANCIAL FORECASTS IN THE FPP, INCLUDING THE CMB'S OWN PROJECTION ABOUT THE MOVEMENT OF FUBL COSTS.
AT THE MEETING, THE TAC MEMBERS WERE ALSO INFORMED OF PROGRESS9 IN IMPLEMENTING RECOMMENDATIONS ARISING FROM THB CMB'8 MANAGEMENT REVIEW.
MADE
EC IMPOSES PROVISIONAL ANTI-DUMPING DUTIES ON HK TV RECEIVERS
*
THE TRADE DEPARTMENT TODAY (TUESDAY) DESCRIBED AS "REGRETTABLE" A DECISION BY THE COMMISSION OF THE BUROPEAN COMMUNITY TO IMPOSI PROVISIONAL ANTI-DUMPING DUTIES OF 2.1 PER CENT TO 4.8
PER CENT ON SMALL SCREEN COLOUR TELEVISION RECEIVERS FROM HONG KONG.
THE DUTY, EFFECTIVE FROM SUNDAY, JANUARY 20, WILL BE VALID FOR FOUR MONTHS, ALTHOUGH THIS CAN BE EXTENDED FOR ANOTHER TWO MONTHS BEFORE THE COMMISSION DECIDES TO IMPOSE A DEFINITIVE ANTI-DUMPING DUTY.
SIX HONG KONG MANUFACTURERS PARTICIPATED IN THE INVESTIGATION WHICH WAS INITIATED ON NOVEMBER 12, 1988.
/THE ASSISTANT