news review
MSE building nearly complete
The new building of the Manila Stock Ex- change (MSE) at the corner of Muelle de la Industria and Presna streets in Binondo, Philippines is near- ing completion and may be ready for occupancy in December 1969.
MSE's executive offices will be located on the ground floor of the three-storey building. The trading area, enclosed by glass panels, will be on the first floor overlooking the trading area.
Equipped with modern facilities, the trading public at the gallery will be able to communicate with their brokers through an intercom system.
Architects of the building, which cost about US$0.4 million, are Gabriel Formoso and Angel Nakpil. R.F. Sugay and Company, Inc., are the main contractors.
Hong Kong appeals for help from architects
Help is desperately needed from architects in planning new hotels in Hong Kong to cope with the increasing amount of tourists flocking into Hong Kong every year.
ciety of Architects last month, Major H.F. Stanley, Executive Director of the Hong Kong Tourist Asso- ciation, said that architects must plan for two dif- ferent levels in future hotels; one for the outflow and one for the inflow. With the advent of jumbo jets carrying about 450 passengers each, flow of hotel guests has to be carefully watched.
An airport hotel in Hong Kong was also describ- ed as a 'winning proposal' by Major Stanley. He said a hotel near Kai Tak Airport would meet the demands of transit passengers and aircrews which could number up to 2,000 at a time.
"There are about 350 aircraft landing in Hong Kong each week with an average crew of 10 per plane. And Hong Kong is often used as a changeover base for crews since there are many staying here for two or three days waiting for planes," he said.
The Vice-President of the Hong Kong Society of Architects, Mr. L. Ouyang, announced at the luncheon that the society had a committee to in- vestigate hotel planning.
The committee will study hotel planning regula- tions, and after reaching conclusions, will make recommendations to Government.
Mr. Ouyang said the society wanted more liberal concessions with floor space than present regula- tions allowed.
Low cost housing estate development
Low cost housing estates at Kwai Chung in the New Territories, Hong Kong, are part of Govern- ment's overall plan to provide low rent homes for over 825,000 people by 1975.
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Four estates in that area Kwai Shing, Kwai Hing, Lei Muk Shu and Shek Yam are in various Speaking in a luncheon of the Hong Kong So- stages of construction. When completed in late
Brazilian pavilion for Expo '70
"Rhythm" is the theme for this Brazilian pavilion for Expo '70. The precast concrete roof will shelter 16,140 sq. ft. of underground exhibition rooms. The airy openness of the roof design expresses the country's warm welcome to all human beings, and serves as a
reminder to all the country's vast potential for future development. The pavilion is scheduled for completion by Mitsui & Co. Ltd., of Japan in February 1970. It will cost an estimated US$1 million.
Far East BUILDER, September 1969
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