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Kingspark News Rotary Club of Kingspark Hong Kong |
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This is the weekly bulletin of the Rotary Club of
Kingspark Hong Kong, District 3450
Club Website: http://www.rotary3450.org/kingspark-hongkong |
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The
Rotarian - By Michael Eyles |
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Bulletin Editor : Alexander
Mak
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The October issue of The Rotarian magazine finally arrived on 22nd October. Despite work pressure I could not help immediately to open the envelope to look through for any hint as to why it was so late. Normally I receive it in the last few days of the prior month. I believe most of you can imagine the production schedule for the magazine and you may have come to the same conclusion as mine that the contents must have been finalized before the 911 atrocity. It then takes time for the assembling of print and photographs, proofreading etc before the final printing and distribution. I am sure our IPP Tom can tell us more about such things! However I did feel slightly sad that we had no meeting on the 25th October: this meant that most of you would not receive your copies until the next meeting which is on 1st November. It is a fascinating issue and when you read it see if you can spot the one possible hint of the 911 event. |
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At first glance, Rotary and wheelers are poles apart, Rotary being about service and business and professional leaders with the highest ethical standards and dedicated to building goodwill and peace in the world, while wheelers as in wheelers and dealers are people intent on getting what they want by any method and means including unfair ones. It follows therefore that Rotary Wheelers by definition is an oxymoron. The question is what messages are being conveyed and to what effects. Well, this is the name chosen by four Rotarians of the Rotary Club of Kowloon North for their entry to Trailwalker 2001. Trailwalker is an annual charity race in Hong Kong and participating teams are required to complete the 100 kilometres of the MacLehose Trail within 48 hours as a team. It would almost be the equivalent of the Bay to Breakers Race of San Francisco except that ours is much tougher in a number of ways. Trailwalker started in 1982 as a military exercise and became open to the public four years later. It has since become a key event on the local sporting and fund raising calendar. This year marks the 20th anniversary of the race. Over the years, the number of participating teams has varied, ranging from 400 to 700 teams. When the Queen's Gurkha Signals were serving Hong Kong, they managed the event and tracked all contestants across the huge span of countryside until everyone was accounted for. The job has now been taken over by the Civil Aid Service and other volunteers. The fastest record was kept by the Gurkhas themselves who ran all the way and finished in less than 13 hours. Most teams finished between 30 to 40 hours, and then there were the Morris Dancers who would have their costumes kept a few kilometers from the finishing line and who would dance their way to the finish in high spirits just before the 48 hours were up. Every participant would vow "Never again" after they finished or even before that, echoed by their spouses, but every year, many of them returned. Those who completed as a team of at least three received a certificate each with individual names and the time and the team number and many have displayed their certificates proudly in their offices or homes. I was a trailwalker. The first time I did it was with a bunch of Rotarians and we called ourselves "The Rotarians" which was slightly less imaginative than the Rotarians of Kowloon North. Our team was very serious about the project. We registered very early and our official team number was 4. Many teams thought that we were veterans or very serious walkers. Actually, I was a serious smoker before I started training for the event, smoking between two to three packets a day. It soon became rather obvious that I could enhance the prospect of our team returning as a team if I quit smoking, and so I did. I have stored up many stories, images and personal reflection related to the Trail and Trailwalker, some of which would last me a long time and the mention of which had affected others and moved younger people to becoming a trailwalker. Trailwalker is not about physical strength or age. It is about commitment. It has a lot to do with teamwork, team building, and learning about each other, including the strengths and weaknesses. It is also about priorities and prioritizing. It can tell one in the face at the critical time what are important and what are not. On the charity side, the Trailwalker Charitable Trust is a registered charity and you can find out more about the Trust and its record of charity work from a number of websites. Go to the District Website and click "The Rotary Wheelers" then "trailwalker" and "Oxfam Hong Kong." Very briefly, Oxfam Hong Kong is the principal beneficiary charity, but many local and overseas charities, including many small ones, have benefited from the proceeds. Back to "The Rotary Wheelers" their official team number is 410. There will be 450 teams running this year. The four Rotarians are David Lindsay, Gilbert Collins, Howard Davis and Bill Benter. David is the Team Leader and they plan to finish between 26 to 30 hours. As the Rotary Wheelers have said, their team is probably the only team this year comprising solely and entirely of Rotarians. I think Rotary Clubs and Rotarians in the District can take the opportunity to gain positive public relations and to enhance Rotary's image in the District. Rotarians and Clubs can do so by helping the Team raise funds. For example, each club can make a special appeal during the next club meeting and contribute the red box collection of the week towards the team. If each member contributes $100, we could easily raise more than $150,000 towards very good causes. It would also show the community that Rotary clubs care about each other and each other's projects. Trailwalker 2001 starts on Friday, 9 November and finishes on Sunday, 11 November. However, your pledges and contributions can come in any time or after the date. Send a message of support to The Rotary Wheelers and indicate that your club will support their endeavour in spirit and in substance. David Lindsay has suggested that you can send him the pledges and the collections to him direct Vigers Hong Kong Ltd 21/F Standard Chartered Bank Building 4-4A Des Voeux Road Central. He would then send one cheque to The Trailwalker Charitable Trust with a list of names. My experience has been that the Trust will issue individual receipts for any donation over $100 from any individual or institution. Do it. Do it now. You would feel good abut it, I promise. Talk to you again next week. |
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By Amy Chow The project involves a series of vocational talks arranged for students of a few secondary schools, the first of which being the TWGH Wong Fut Nam College. The objective of such talks to the secondary school students is
The target audience for these talks will be Form 4 to From 7 students. Speakers for such talks will be chosen from Rotarians who come from different industries. The talks will each last for one and a half hours to two hours and will provide advice on general career planning on how to equip oneself on areas like language, information technology and emotional quotient, advice on continuous education opportunities, advice on future job market trend and requirements and comments on services provided by employment agencies and head-hunting firms. Each talk will be followed by a group discussion lasting for one hour to one and half hours and focused on the more detailed and specific questions raised by the students on their areas of interests |
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By peter lo I should apologize to our club because I gave up the final game in the Bowling Tournament due to my backache.On Saturday afternoon I felt uncomfortable after leaving the office and went back home to sleep for the rest of the day. I was hoping that I would recover and be well enough to participate in the game. When I woke up in the middle of the night, I took some panadol and watched half an hour of soccer on TV. I tried to sleep again but I couldn't. I sat on the bed until 9 a.m. when Johnny called me to say that he was already there and had breakfast. I said I would be there on time. In the Bowling Centre restaurant I tried to finish the sandwich but I couldn't because there was no time. I tried to keep calm till the end of the game but I couldn't. After the second game, our ranking was around 5th or 6th. I think that if I had played better, we would have a better ranking. When I left the centre to see the doctor, I had thought
of reporting to the sport captain so that he could arrange the team
or look for someone to substitute me, but it was too late. I am sincerely
sorry for what happened. The lesson to learn is that we should try to
keep fit even though we are getting older, and regular sports activities
is a good way of keeping fit.. |
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By Michael Eyles Our speaker on Thursday 1st November was Mr. Arthur Shek, Associate Publisher and Head of Research at The Hong Kong Economic Times. Mr. Shek generally writes about investments but it was through that topic that he gently led us on Thursday to a startling question that has much to do with economics and economic planning, are we in a long term deflationary trend? Our speaker started by explaining some graphs he had brought showing the movement of interest rates, for example the movement over time of the interest rate on the US Treasury 30-year bond, and the yield curves just before 11th September compared with other dates, including 31st October just after the announcement that the US Government would no longer issue 30-year bonds. This is important because the 30-year bond is a major benchmark not only in financial markets but also, for example,in the US housing market to price mortgages. The yield curve graphs show the yields on US Treasury bonds from the shortest maturity of 3 months to the longest maturity of 30 years. The difference in yields between the shortest and the longest is called a spread, and recently this spread has been about 300 basis points. One hundred basis points means one percent, i.e.one basis point is 0.01 percent. The norm for this spread has been 150 basis points. Mr.Shek was drawing our attention to a disequilibrium in the bond markets, which some people feel would lead to a correction by way of a rise in interest rates soon. Another graph our speaker brought was of the rate of inflation over the last 20 years in USA, measured by the Consumer Price Index (CPI).Before 1990 the CPI used to move with economic recessions and booms to relatively extreme levels, after 1990 the CPI has moved within a relatively narrow band around a 2% inflation trend. The inflation rate and bond yields relate to each other quite intimately. In the short time that Mr. Shek had, he now jumped to his question: because of the movement of manufacturing industries to lower labour cost countries in Eastern Europe and China since 1990, has there started a secular decline in the price of goods which in turn is leading to a long term decline in general price levels?In informal discussion afterwards we picked on one of the consequences, that salary and wage levels should also generally fall if prices are falling. Mr. Arthur Shek was careful to give us the food but not to tell us how to eat it, he was talking about the present and the future, areas in which one can predict quite wrongly sometimes. His presentation was carefully crafted, as befits a graduate of Hong Kong University (class of 1972) and one of the founders of The Hong Kong Economic Times. |
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(1) The Board meeting scheduled for 13th February, 2002 will be held on 20th February, 2002. (2) The lunch meeting on 14th March, 2002 will be rescheduled to coincide with the District Conference on 16th March, 2002. |
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(1) 14 November 2001 - Nominations closed for 2003-04 DGN. (2) 22 to 25 November 2001 - Visit to Rotary Club of Sathorn. (3) 6 December 2001 - Annual General Meeting of our Club. (4) 25 December 2001 - Dinner Meeting cancelled, due to Public Holiday. (5) 4 May 2002 - Club Annual Ball |
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President |
Raymond Sin Tom Hui Anwer Islam Peter Lo Michael Eyles Thomas Chan Ho Chi Ming Amy Chow Stephen Lin Sunny So Jane Fung Patrick Wong Alice Chau David Cheung |
Bulletin
Editor : Alexander Mak
Bulletin Publisher : Terence Leung
Club Webmaster : John Wan
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