XN000022-1994-11-30 — Page 11

10

WEDNESDAY, NOVEMBER 30, 1994

EDUCATION

MR COMMITTEE, TURNING TO THE CIVIC ORGANISED A LOT OF ACTIVITIES TO PROMOTE CIVIC AWARENESS AND UNDERSTANDING OF THE ELECTORAL SYSTEM, ENVIRONMENT RIGHTS AND THE BASIC LAW.

WONG

SAID PEOPLE'S PROTECTION, HUMAN

IT

CIVIC EDUCATION HONG KONG PEOPLE GET TO EXHIBITIONS AND

CARNIVAL,

THE ANNUAL SHAM SHUI PO DISTRICT FOR INSTANCE, WAS INSTRUMENTAL IN HELPING KNOW MORE ABOUT THEIR OBLIGATIONS AND RIGHTS THROUGH FUN GAMES.

MR WONG SAID: "ALL OF THESE COMMITTEES HAVE BEEN DOING A GREAT PARTICIPATION IN COMMUNITY BUILDING AND IN ENCOURAGING PEOPLE'S

DEAL IN DISTRICTS AFFAIRS."

YET ANOTHER

"I

ROLE IMPORTANT

OF DISTRICT OFFICES

AND LOCAL

ORGANISATIONS, HE SAID, WAS TO JOINTLY ORGANISE ACTIVITIES TO INCREASE PEOPLE'S SENSE OF BELONGING TO THEIR DISTRICTS.

SHAM THE

PO SHUI MR WONG CITED

DISTRICT EXCELLENT EXAMPLE" OF COMMUNITY BUILDING PROJECT.

AS FESTIVAL

"AN

THE FESTIVAL, HE ADDED,

FOR HAD BEEN ON-GOING

MORE THAN

10

YEARS.

WILL LAST FOR 40 THIS YEAR'S SHAM SHUI PO DISTRICT FESTIVAL

CATER DAYS UNTIL JANUARY 8 NEXT YEAR WITH A RANGE OF ENTERTAINMENT TO TO TASTES OF PEOPLE OF ALL AGES.

NIGHT,

KARAOKE

THESE WILL INCLUDE A VARIETY SHOW ON OPENING SINGING COMPETITION, A SPORTS DAY AND DANCE COMPETITIONS.

MONETARY STATISTICS FOR OCTOBER 1994

THERE HAS BEEN A SMALL MOVEMENT FROM SAVINGS DEPOSITS TIME DEPOSITS, ACCORDING TO STATISTICS PUBLISHED TODAY (WEDNESDAY) THE HONG KONG MONETARY AUTHORITY.

INTO BY

THIS PROBABLY REFLECTS THE REMOVAL OF SOME INTEREST RATE CAPS ON HONG KONG DOLLAR DEPOSITS.

DEPOSITS

THE GROWTH OF TOTAL HONG KONG DOLLAR DEPOSITS MODERATED FROM 2.4% IN SEPTEMBER TO 0.3% IN OCTOBER.

THERE WAS A MODEST SWITCH FROM HONG KONG DOLLAR SAVINGS DEPOSITS INTO HONG KONG DOLLAR TIME DEPOSITS IN OCTOBER.

A RECORDED

REMOVAL

1.5%

OF KONG FROM

THE FORMER FELL BY 2.3% WHILE THE LATTER

THE GROWTH. THE SWITCHING WAS LIKELY TO BE RELATED TO THE HONG KONG ASSOCIATION OF BANKS' INTEREST RATE RULES ON HONG DEPOSITS (FOR DEPOSITS FIXED FOR MORE THAN ONE MONTH) EFFECTIVE OCTOBER 1.

/FOREIGN CURRENCY