XN000022-1992-08-06 — Page 3

Daily Information Bulletin 新聞公報 All

2

THURSDAY, AUGUST 6, 1992

THE

MR EASON SAID REGULATIONS WERE BRING PREPARED TO BAN VENTING OF CFCS DURING THE SERVICING OF INDUSTRIAL AND COMMERCIAL AIR- CONDITIONS AND REFRIGERATION SYSTEMS.

MR EASON ALSO REASSURED THE FRIENDS OF THE EARTH THAT ALL DEVELOPMENTS WITHIN COUNTRY PARKS, WHETHER PUBLIC OR PRIVATE, WERE RECREATION AND TOURISM, PROVIDING FACILITIES AND SERVICES FOR SCRUTINISED AGAINST COUNTRY PARKS' MAIN OBJECTIVES OF PROMOTING PUBLIC ENJOYMENT AND PROTECTING VEGETATION AND WILD LIFE.

HE POINTED OUT THAT ABOUT 40 PER CENT OF HONG KONG'S TERRITORY HAD BREN DESIGNATED AS COUNTRY PARKS AND SPECIAL AREAS.

AREAS OF CONSERVATION VALUE CAN ALSO BE ZONED FOR SUCH PURPOSES UNDER THE TOWN PLANNING ORDINANCE.

MR

ON WASTAGE OF TROPICAL TIMBER IN THE CONSTRUCTION INDUSTRY, EASON SAID THE ARCHITECTURAL SERVICES DEPARTMENT HAD PRODUCED HOARDINGS MOCK-UPS ΤΟ TEST THE VIABILITY OF FIBRE-GLASS, METAL CLADDING AND CEMENTITIOUS PARTICLE BOARDS AS ALTERNATIVES TO HARDWOODS.

THE DEPARTMENT IS ALSO PLANNING A PILOT REFURBISHING PROJECT USING ONLY SOFTWOODS.

IN ADDITION, THE BUILDINGS AND LANDS DEPARTMENT IS REVIEWING THOSE SECTIONS IN THE BUILDINGS ORDINANCE THAT MAY BE DIRECTLY OR INDIRECTLY ENCOURAGING THE USE OF TIMBER.

THE GOVERNMENT IS ALSO CONSIDERING HOW ΤΟ SUPPORT THE IMPLEMENTATION OF AGREEMENTS REACHED AT THE UNITED NATIONS EARTH SUMMIT IN BRAZIL EARLIER THIS YEAR, MR EASON SAID.

0

J

LIQUIDITY INJECTED INTO INTERBANK MARKET

THE EXCHANGE FUND THIS MORNING INjected

SUBSTANTIAL

INTO THE INTERBANK MARKET.

THE LEVEL OF INTERBANK LIQUIDITY, AS MEASURED BY ON HONGKONG BANK'S ACCOUNT MAINTAINED WITH THE EXCHANGE RAISED FROM HK$988 MILLION TO HK$1,500 MILLION.

COMMENTING ON THE ACTION TAKEN, THE DIRECTOR OF THE THE EXCHANGE FUND, MR JOSEPH YAM, SAID THE PURPOSE WAS TIGHTNESS IN THE INTERBANK MARKET, CAUSED BY A SERIES OF LARGE NEW SHARE ISSUES ON STREAM.

LIQUIDITY

THE BALANCE FUND, WAS

OFFICE OF

ΤΟ

RELIEVE

RELATIVELY

SHORT-TERM INTERBANK INTEREST RATES HAVE THIS WEEK FIRMED то AROUND FOUR PERCENT AND THE EXCHANGE RATE HAS STRENGTHENED FURTHER.

/THERE HAS

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