- 11 -
"Hong Kong certainly continues to attract satellite uplinkers," Mr So said.
Future business prospects in the region for cable and satellite television are very exciting.
"As a launch pad into the Asian market Hong Kong is second to none."
"A central geographical position, an extensive business network and excellent connections in the region, particularly in China, all play an important role," he said.
end/Thursday, December 1, 1994
Vehicle towing charges to go up
The Governor in Council has decided that the Government's vehicle towing charge of $110 should be replaced by a sliding scale of fees according to vehicle weight to reflect more accurately the cost in providing these services.
The proposed towing charges will be $440 for vehicles not exceeding 5.5 tonnes; $1,100 for vehicles between 5.5 and 24 tonnes; and $2,960 for vehicles exceeding 24 tonnes. The existing fee has remained unchanged since 1981.
The new charges are set out in the Road Traffic (Amendment of Schedule 5) Order 1994 to be published in the Gazette tomorrow (Friday). They will take effect on January 12, 1995.
A Government spokesman said: "The increase is needed to recover the Government's cost. We do not wish to provide a subsidised towing service."
The proposed charges will apply to vehicles towed away by the Police or their contractors because of obstruction, traffic accident or illegal parking.
Motorists can use their own towing agents in the case of accident or breakdown, provided that the vehicles are not causing a traffic obstruction.
end/Thursday, December 1, 1994