XN000022-1992-08-17 — Page 9

MONDAY, AUGUST 17, 1992

FINANCIAL ASSISTANCE OFFERED TO SUCCESSFUL APPLICANTS WILL BE IN THE FORM OF GRANTS, BUT IF THE TOTAL REQUIREMENT EXCEEDS THE JOINT CONTRIBUTIONS OF THE TWO GOVERNMENTS, THEN EACH SUCCESSFUL APPLICANT'S SHARE OF GRANT WILL BE PROPORTIONATELY REDUCED, WITH THE BALANCE MADE UP BY A LOAN SOLELY FINANCED BY THE HONG KONG GOVERNMENT.

AN INTEREST ON THE LOAN BORROWED BY APPLICANTS IS CHARGEABLE AT THE RATE OF 2.5 PER CENT A YEAR CALCULATED FROM THE COMMENCEMENT DATE OF THE LOAN REPAYMENT PERIOD.

APPLICATION FORMS ARE NOW AVAILABLE AT THE STUDENT FINANCIAL ASSISTANCE AGENCY AT QUEENSWAY GOVERNMENT OFFICES, LOW BLOCK, GROUND FLOOR, 66 QUEENSWAY, HONG KONG.

APPLICANTS SHOULD

BRING WITH THEM DOCUMENTARY EVIDENCE OF THEIR HAVING BEEN ACCEPTED BY AN INSTITUTION IN THE UNITED KINGDOM FOR ONE OF THE COURSES COVERED BY THE SCHEME (PROOF OF CONDITIONAL OFFER WILL BE ACCEPTABLE).

TELEPHONE ENQUIRIES MAY BE DIRECTED TO 867 3547.

COMPLETED APPLICATION FORMS MUST BE RETURNED BY HAND то THE AGENCY ON OR BEFORE OCTOBER 1.

YAXLEY SPELLS OUT HK OPPORTUNITIES TO FINNAS

THE DRAMATIC EXPANSION IN THE ECONOMIES OF SOUTH CHINA, INCLUDING HONG KONG AND THE EAST ASIAN REGION, PRESENTED EXCITING OPPORTUNITIES FOR OVERSEAS INVESTORS AND TRADERS.

THIS WAS STATED BY THE HONG KONG COMMISSIONER JOHN YAXLEY, IN HIS ADDRESS ON "HONG KONG UP то THE BUSINESSMEN AT A SEMINAR IN HELSINKI TODAY (MONDAY).

IN LONDON, MR YEAR 2000" то

HE SAID IN THE RAPIDLY EXPANDING ASIA-PACIFIC ECONOMY, WHICH IN A DECADE OR SO WOULD BE LARGER THAN EUROPE OR NORTH AMERICA, THERE WOULD BE GREAT OPPORTUNITIES FOR FINNISH BUSINESSMEN, AND HONG KONG WAS THE BEST BASE FROM WHICH TO GRASP THEM.

THE SEMINAR WAS ORGANISED BY THE FINNISH/HONG KONG TRADE ASSOCIATION AT THE FINNISH CENTRAL CHAMBER OF COMMERCE.

MR YAXLEY URGED FINNISH BUSINESSMEN TO FURTHER DEVELOP THEIR TRADING RELATIONS WITH THE TERRITORY, POINTING OUT THAT HONG KONG HAD A MAJOR ROLE TO PLAY NOT ONLY IN THE OPENING UP OF CHINA, BUT ALSO A FOCUS OF ACTIVITY WITHIN THE EAST ASIA AREA.

AS

BILATERAL TRADE BETWEEN HONG KONG AND FINLAND HAS BEEN GROWING IN THE PAST 10 YEARS.

PHONG KONG'S