TUESDAY, MAY 6, 1986
+
*THIS DEVELOPMENT OWES NOTHING TO GOVERNMENT BUT EVERYTHING TO PRIVATE ENTERPRISE, YOU MUST STAND OR FALL BY YOUR OWN EFFORTS, HE SAID.
SIR JOHN SAID HE APPRECIATED THE EFFORTS MADE BY THE HONG KONG FUTURES EXCHANGE DURING THE LAST TWO YEARS IN REORGANISING ITS STRUCTURE AND IN DRAWING UP NEW FINANCIAL AND SURVEILLANCE REQUIREMENTS WHICH SHOULD ENSURE THE SMOOTH OPERATION OF A SELF-REGULATING EXCHANGE.
TURNING TO THE GOVERNMENT'S OBJECTIVES IN REGULATING THE FUTURES MARKET, SIR JOHN SAID: THE GOVERNMENT RELIES ON FAIR MARKET FORCES AND PROPER COMPETITION. OUR PRIME CONCERN IS THAT YOUR EXCHANGE SHOULD OPERATE WITHIN AN EFFECTIVE REGULATORY FRAMEWORK. THIS MUST BE A BLEND OF REGULATION BY THE GOVERNMENT AND SELF-REGULATION BY THE EXCHANGE ITSELF.
+SUCH A FRAMEWORK WILL BEST SAFEGUARD THE INTERESTS OF THE INVESTING PUBLIC AND ENSURE THE HEALTHY DEVELOPMENT OF THE INDUSTRY. THERE WILL BE CHANGE. RIGIDITY WOULD BE STUPID.+
COUNTRY PARK LITTER PROBLEM TO BE TACKLED ****
A MONTH-LONG CLEAN-UP DRIVE WILL BE MOUNTED FROM THIS SUNDAY TO TACKLE THE SERIOUS LITTER PROBLEM IN COUNTRY PARKS, THE ASSISTANT DIRECTOR (CONSERVATION AND COUNTRY PARKS) OF THE AGRICULTURE AND FISHERIES DEPARTMENT, MR K.C. IU, SAID TODAY (TUESDAY).
IN 1985, OVER 9.3 MILLION VISITS WERE MADE TO THE 21 COUNTRY PARKS THROUGHOUT HONG KONG, REPRESENTING A 28 PER CENT INCREASE OVER THE FIGURE RECORDED IN 1982.
THESE VISITORS LEFT BEHIND A RECORD 4 000 TONNES OF LITTER WHICH TOOK MORE THAN 35 160 MAN-DAYS, OR ABOUT 16 PER CENT OF COUNTRY PARK STAFF RESOURCES, TO COLLECT AND DISPOSE OF.
+WHAT IS CAUSING US GRAVE CONCERN IS THAT MANY VISITORS DO NOT USE THE ♣ 880 LITTER BINS AND 235 LITTER STOCKADES PROVIDED AT BARBECUE AND PICNIC SITES AND DISCARD LITTER INDISCRIMINATELY, MR JU SAID.
+DESPITE OUR PUBLIC EDUCATION EFFORTS, THESE PEOPLE CONTINUE WITH THEIR ANTI-SOCIAL BEHAVIOUR AND TURN THE SCENIC COUNTRYSIDE INTO A LITTER DUMP.+
/A PERSON
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