8
WEDNESDAY, NOVEMBER 16, 1994
HKMA
HAS
THE LATEST ADJUSTMENT REPRESENTS THE THIRD TIME THE
THE PREVIOUS TWO OCCASIONS RAISED LAF BID AND OFFER RATES THIS YEAR. TOOK PLACE ON AUGUST 17 AND MAY 17.
RATES MATTER FOR
THE DETERMINATION OF THE BEST LENDING RATE AND INTEREST ON DEPOSITS WITH MATURITIES OF MORE THAN ONE MONTH IS A INDIVIDUAL BANKS.
OF ONE HONG KONG THE INCREASE
THE INTEREST RATES ON RETAIL DEPOSITS WITH MATURITIES MONTH OR LESS WILL BE DETERMINED BY THE COMMITTEE OF THE ASSOCIATION OF BANKS LATER THIS WEEK, HAVING REGARD TO IN LAF RATES THIS MORNING AND AFTER CONSULTATION WITH THE UKMA.
VISA REQUIREMENT FOR MACAU RESIDENTS
THE
IMMIGRATION
OF
VISA ALIENS
REQUIREMENT
PASSPORTS
IN
TRANSIT
DEPARTMENT ANNOUNCED TODAY
FOR MACAU RESIDENTS
THROUGH HONG
(WEDNESDAY}
TRAVELLING ON KONG AND MACAU VISIT
THE
WAIVER PORTUGUESE RELAXATION OF THE RESIDENTIAL REQUIREMENT FOR ISSUING PERMITS TO EX-CHINA RESIDENTS OF MACAU.
WITH
EFFECT
FROM
NOVEMBER 21, 1994,
AND UP
HOLDERS OF PORTUGUESE ALIENS PASSPORTS WHO HAVE HELD MACAU IDENTITY CARDS FOR TWO YEARS ARE IN TRANSIT THROUGH HONG KONG MAY BE GRANTED VISA-FREE ENTRY OF TO SEVEN DAYS, PROVIDED THAT THEY POSSESS ONWARD FACILITIES (INCLUDING ENTRY FACILITIES FOR THE DESTINATION COUNTRIES AND COUNTRIES EN ROUTE,
MAY BE IF NECESSARY) AND CONFIRMED ONWARD TICKETS (THIS REQUIREMENT
FOR THE A SPOKESMAN TO MACAU), WAIVED FOR TRAVELLERS RETURNING DEPARTMENT SAID.
AT PRESENT, THESE TRAVELLERS REQUIRE VISAS WHILE IN TRANSIT HONG KONG FOR 24 HOURS.
IN
"IT IS ALSO PLANNED TO RELAX THE RESIDENTIAL THE MACAU VISIT SCHEME, THE SPOKESMAN SAID.
REQUIREMENT FOR
AT PRESENT, EX-CHINA RESIDENTS OF MACAU WHO HAVE BEEN RESIDENT
A SINGLE VISIT IN MACAU FOR FIVE YEARS ARE ELIGIBLE TO APPLY FOR PERMIT EVERY SIX MONTHS WHICH WILL ENABLE THEM TO VISIT HONG KONG 14 DAYS.
FOR
YEAR
THEY MAY APPLY FOR MULTIPLE VISIT PERMITS (VALID FOR ONE AND COSTS $45 EACH) WHICH WILL ALLOW THEM TO VISIT HONG KONG FOR UP TO FIRST TWO SEVEN DAYS IN ANY CALENDAR MONTH IF THEIR VISITS FOR THE YEARS HAVE BEEN TROUBLE-FREE.
WITH EFFECT FROM NOVEMBER 21, 1994, EX-CHINA RESIDENTS OF MACAU WILL WHO ARE HOLDERS OF MACAU IDENTITY CARDS FOR FIVE YEARS OR LONGER BE ELIGIBLE TO APPLY FOR A NEW TYPE OF MULTIPLE VISIT SPOKESMAN SAID.
PERMITS, THE
/THE NEW
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