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PC, 6
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I mentioned
the sale of a small
This is a direct sign of
nir.
I am
will
piece of seafbed for $4 billion. confidence in the further development of our magnificent port facilities. I must also, however, mention a serious potential problem for Hong Kong shipowners using these facilities.
hone
Helmut Sohmen, aware that my honourable colleague, provide more detail on the problem later in this debate, but I wish to express the concern of the Hong Kong General Chamber of Commerce about the effects of the US Tax Reform Act of 1986 on I would like to suggest to shipowners domiciled in Hong Kong.
the Financial Secretary that he takes these concerns seriously. of business in Hong Kong
Shipping is a very important part of which we must strive to maintain here.
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should
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2 2 2 2
I will finish with a compliment,
and then a complaint. I am delighted with the progress made by Government over the last two years in the presentation of its
with the efforts made financial data, and
framework forecasting
May to Government.) constructively as it started.
financial
appeal
(FFF;
the
this trend continue
to provide
alliteration
a
as
And Finally, perhaps Government 24 should do more than it seems to be doing. to prevent apparent
and confidential
important information
on matters
We are being which have to be considered in this Council. accustomed to hearing from the media what government officials wish to do or intend to do, before these exalted personages release the information themselves or seek advice through the normal channels.. Some of the apparent leaks appear to be more And in nod-and-a-wink. a than inspired guesswork based
South China Morning Post
25
leaks of
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Zc 27
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2034
35
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particular,
I
on
congratulate the
on
publishing a most accurate record of the Financial Secretary's Budget Proposals, a few hours before he delivered them to this
Council.
Sir, I support the motion.