TUESDAY, FEBRUARY 26, 1991
2
AS FOR NON-DOMESTIC SUPPLIES, THE SPOKESMAN SAID THE 10 PER CENT INCREASE IS UNLIKELY TO HAVE A SIGNIFICANT IMPACT ON BUSINES8 OPERATIONS AS WATER CHARGES REPRESENT A SMALL PART OF THE OPERATING COSTS OF MOST FIRMS.
"FOR EXAMPLE, THE NEW WATER RATE WILL INCREASE THE PRODUCTION COSTS OF THE BLEACHING-DYEING INDUSTRY WHICH IS THE LARGEST CONSUMER OF WATER BY ABOUT 0.2 PER CENT, AND THAT OF THE ENTIRE MANUFACTURING INDUSTRY BY ABOUT 0.01 PER CENT, HE SAID.
ti
THE CHARGES FOR CONNECTION AND OTHER MISCELLANEOUS SERVICES WILL ALSO BE INCREASED TO REFLECT THE RISE IN MATERIAL AND LABOUR COSTS. THE LAST INCREASES IN THESE CHARGES WERE ON APRIL 1, 1989.
THE SPOKESMAN NOTED THAT TO RECOVER THE COSTS OF THE WATERWORKS OPERATIONS, THE GOVERNMENT HAS UNDERTAKEN ANNUAL REVIEWS OF WATER CHARGES SINCE 1982.
"BY UNDERTAKING ANNUAL REVIEWS RESULTING IN MODERATE INCREASES, THE GOVERNMENT COULD AVOID THE NEED FOR MAJOR INCREASES AT ONE TIME WHICH WOULD BE FAR MORE DIFFICULT FOR BOTH HOUSEHOLDS AND BUSINESSKA TO ADJUST TO," HE Added.
0
MEXICO'8 IMPOSITION OF ANTI-DUMPING DUTIES OF DENIM IMPORTS ANNOUNCED
THE TRADE
SAID DEPARTMENT
TODAY
(TUESDAY)
THE MEXICAN GOVERNMENT HAD ANNOUNCED AN IMPOSITION OF PROVISIONAL ANTI-DUMPING
ON DUTIES OF US$0.57 PER KILOGRAM
IMPORTS OF DENIM (CONTAINING 86 PER CENT OR MORE OF COTTON) FROM HONG KONG WITH IMMEDIATE EFFECT.
THE ANTI-DUMPING PROCEEDINGS AUTHORITIES ON MAY 31, 1990.
WERE
INITIATED BY THE
MEXICAN
THE PROVISIONAL ANTI-DUMPING DUTIES ARE APPLICABLE OF DENIM FROM ALL HONG KONG COMPANIES.
ΤΟ IMPORTS
MILL
LTD,
HOWEVER, THE NANYANG COTTON REPRESENTATIONS TO THE MEXICAN GOVERNMENT THAT IT HAS DENIM TO MEXICO, HAS BEEN EXCLUDED.
"THE TRADE
H
DEPARTMENT HAS
POINTED
WHICH MADE NRVER EXPORTED
OUT
TO THE
TRADE,
MEXICAN BR
K.C.
AUTHORITIES THAT IT IS UNLIKELY THAT HONG KONG MANUFACTURERS WOULD
MR MATTHEW DUMPING, THE ASSISTANT DIRECTOR-GENERAL OF CHEUNG, SAID.
11
'HONG KONG HAS AN OPEN MARKET AND IT IS DIFFICULT DUMPING CAN BE FINANCED, HE SAID.
ΤΟ 9ВВ HOW
HAVE
APPARENTLY NOT ATTACHED MUCH
"THE MEXICAN AUTHORITIES WEIGHT TO THIS FACT,' MR CHEUNG SAID.
++
/"INSTEAD, THEY