XN000022-1987-07-04 — Page 8

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SATURDAY, JULY 4, 1987

ON PIG FARMING DR LEE SAID THAT THE FEDERATION OF PIC RAISING CO-OPERATIVE SOCIETIES CONTINUED TO PLAY AN ACTIVE ROLE.

"THROUGH THE IMPORT OF QUALITY

PEDIGREE PIGS FROM OVERSEAS, THE ORGANISATION OF MONTHLY TECHNICAL SEMINARS, AND THE PRODUCTION OF QUARTERLY TECHNICAL NEWSLETTERS FOR FREE ISSUE TO ITS MEMBERS, THE FEDERATION MADE A SIGNIFICANT CONTRIBUTION TO THE UPGRADING OF THE LOCAL BREEDING STOCK, AND ENHANCING THE DISSEMINATION OF INFORMATION CONCERNING MODERN PIG PRODUCTION TECHNIQUES, HE SAID.

DR LEE ALSO SPOKE OF THE ROLE PLAYED BY FARMERS' SOCIETIES IN THE EXTENSION OF AGRICULTURAL CREDIT.

CO-OPERATIVE

$14.2 MILLION BY THE

"DURING THE PAST YEAR, ABOUT 25 PER CENT OF THE LOANED TO FARMERS FROM VARIOUS LOAN FUNDS ADMINISTERED DEPARTMENT WERE CHANNELLED THROUGH THESE SOCIETIES.

"AT THE SAME TIME, $170,000 WERE ISSUED FROM THE OWN REVOLVING LOAN FUNDS TO THEIR MEMBERS TO MEET A WIDE FARM CREDIT NEEDS, HE SAID,

SOCIETIES'

RANGE OF

IN THE FISHERIES SECTOR, DR LEE CONTINUED, FISHERMEN CO-OPERATIVES CONTINUED TO DO WELL WITH A TOTAL SURPLUS OF SOME $200,000 REGISTERED IN THE PAST YEAR AND THE CUMULATIVE REVOLVING LOAN FUND CAPITAL SAVED BY MEMBERS STOOD AT $6.56 MILLION,

DURING THE PAST YEAR, SOME $10 MILLION WERE LOANED ΤΟ FISHERMEN FROM FISHERMEN'S SOCIETIES' OWN LOAN FUNDS AND FROM THE DEPARTMENTAL LOAN FUNDS FOR PRODUCTIVE PURPOSES SUCH AS BUILDING NEW VESSELS, PURCHASING FISHING GEAR AND EQUIPMENT AND REPAIRING ENGINES AND HULLS.

TO KEEP LOCAL FISHERMEN ABREAST OF THE LATEST DEVELOPMENTS IN FISHING TECHNOLOGY, THE DIRECTOR SAID THAT THE DEPARTMENT AND THE FISH MARKETING ORGANISATION LAST YEAR ORGANISED AND SPONSORED 10 CHAMPION OR LEADING FISHERMEN ON AN EIGHT-DAY STUDY TOUR TO JAPAN.

/REGARDING URBAN