1992-02-14 16:00 INFORMATION SERVICES DEPT
852 521 7725 P.04/04
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the
The proposal is for a 4.7 kilometre skyrail linking Hung Hom with Star Ferry through Tsim Sha Tsui East, an area where accessibility can be improved.
HOUSEWARES EXPO
+
Hong Kong manufacturers have received encouraging business from the recently completed International Housewares Exposition in Chicago the biggest of its kind in the US.
Eighteen manufacturers clinched orders wori.h HK$27 million (US$3,5 million) with a further HK$81 million (US$10.4 million) of business under negotiation.
Despite the sluggish American economy, confirmed orders tripled, while pending orders more than doubled in value compared with last year.
MILAN TRADE FAIR
And there is a robust market in Europe for Hong Kong's gift and stationery products where a delegation to the Milan Trade secured orders worth HK$85 million (US$11 million).
Fair
Confirmed orders rose by some 63 per cent in value, while orders under negotiation worth HK$113 million (US$14.5 million) rose per cent.
by 31
Twenty-nine Hong Kong companies displayed their products and attracted buyers from all over Europe including a large Greece, Spain, France and Portugal.
number
from Italy,
SCMP INTERIM
Hong Kong's major English-language daily newspaper, the Morning Post, has notched up an 11 per cent increase in profits to HK$267.3 million (US$34.3 million).
South China its interim
million
Turnover for the six months to the end of December was HK$443 (US$56.8 million), up HK$36 million (US$4.6 million) at the same stage last year.
The directors say that while uncertainty in the world economy and high local inflation make profit forecasting difficult, they are that profits for the current year will exceed that of 1991.
confident
Directors also reported that the merging of both the SCMP and the recently acquired Wah Kiu Yat Po in the Morning Post Building will be substantially completed by May this year.
ENDS
TOTAL P.04