4-
In addition, only those aircraft which meet the most stringent noise standards of the International Civil Aviation Organisation (ICAO), both arrivals and departures, will be permitted to be programmed after 9 pm.
off.
Airlines will be required to adopt ICAO noise abatement procedures on take-
Consultation papers containing the proposals have been issued to members of the Kowloon City, Kwun Tong, Eastern, Sham Shui Po and Wong Tai Sin District Boards, inviting them to comment by January 16 next year.
The department needs to announce decisions in mid-February to allow airlines to plan accordingly for the new proposals to be put in place by March 26 (Sunday), 1995, the start of the summer season.
End/Monday, December 19, 1994
STI welcomes findings on HK the freest economy in the world
The Secretary for Trade and Industry, Mr T H Chau, today (Monday) welcomed the findings of "Index of Economic Freedom", a study carried out by the Heritage Foundation, a Washington-based research centre.
The findings showed that Hong Kong and Singapore have the highest amount of economic freedom in the world.
The "Index of Economic Freedom" measured how well 101 countries score on a list of 10 economic factors: trade policy, taxation policy, Government consumption of economic output, monetary policy, capital flows and foreign investment, banking policy, wage and price controls, property rights, regulation and black market.
Hong Kong and Singapore are tied for first place in the study,
The Fortune Magazine in the United States, in its November issue, considered Hong Kong the best city in the world to do business.
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