WEDNESDAY, AUGUST 17, 1977
THE TEXTILE AND CLOTHING INDUSTRIES, IN PARTICULAR, WERE EXPECTING RELATIVELY SLACK BUSINESS, BUT THE CLOTHING INDUSTRY WAS THE LESS WORRIED OF THE TWO.
FOR OTHER MANUFACTURING SECTORS, INDUSTRIALISTS WERE LESS OPTIMISTIC THAN THEY WERE THREE MONTHS AGO=
+THIS MUST BE SEEN AGAINST THE BACKGROUND THAT THE THIRD QUARTER IN A YEAR IS THE NORMAL EXPORTS SEASONAL PEAK. NON- MANUFACTURING SECTORS, ON THE WHOLE, HAD A SOMEWHAT BETTER OUTLOOK, THE SPOKESMAN SAID.
WITH REGARD TO THE BUSINESS OUTCOME IN THE SECOND QUARTER THE SURVEY SUGGESTS THAT THE ECONOMY, TAKEN AS A WHOLE, ACHIEVED SOME GROWTH. EXCEPT FOR THE TEXTILE INDUSTRY, MOST MANUFACTURING INDUSTRIES FELT THAT THEY HAD MADE SOME PROGRESS. THE CONSTRUCTION INDUSTRY DID WELL.
THE SPOKESMAN SAID ALL THIS WAS IN LINE WITH THE PREVIOUS FORECAST. WITHIN THE WHOLESALE AND RETAIL TRADE, FIRMS REPORTED VARYING EXPERIENCES, AND THE TRADE AS A WHOLE SEEMED NOT TO BE DOING AS WELL AS WAS PREVIOUSLY FORECAST.
COMMENTING ON THE SURVEY, THE SPOKESMAN STATED THAT THE DATA, OBTAINED WITH A MINIMUM TIME LAG, WERE BASICALLY INTENDED TO FACILITATE A QUICK ASSESSMENT OF THE CURRENT ECONOMIC SITUATION OF HONG KONG.
+APART FROM A LIMITED NUMBER OF QUESTIONS REQUIRING ANSWERS IN QUANTITATIVE TERMS, THE FIRMS WERE ASKED TO COMPARE THE QUARTER JUST PAST WITH THE PREVIOUS QUARTER AND THE FORTHCOMING ONE. THEY HAD TO INDICATE WHETHER, IN THEIR OPINION, A CERTAIN ECONOMIC VARIABLE WAS 'UP', 'SAME OR 'DOWN';+ HE SAID.
COPIES OF THE REPORT, CONTAINING AN ANALYSIS AND STATISTICAL TABLES ON VARIOUS ECONOMIC VARIABLES, HAVE BEEN DISTRIBUTED TO FIRMS TAKING PART IN THE SURVEY AND OTHER BUSINESS ORGANISATIONS.
HK FIREMEN ATTEND MACAU FIREMEN'S DAY
**** *
A PARTY OF 20 OFFICERS OF THE FIRE SERVICES DEPARTMENT HAS BEEN INVITED BY THE MACAU FIRE BRIGADE TO ATTEND THEIR FIREMEN'E DAY TOMORROW (THURSDAY).
WHILE IN MACAU, THE PARTY, HEADED BY CIVISIONAL OFFICEP TAN HON-CHEONG, WILL BE ATTENDING A REQUIEM MASS FOR THE SOULS OF DECEASED FIREMEN TOMORROW MORNING AND IN THE AFTERNOON A FRIENDLY MINI-SOCCER MATCH BETWEEN MEMBERS OF THE TWO SERVICES WILL GE HELD, TO BE FOLLOWED BY A FRATERNITY DINNER AT THE MACAL CENTRA - FIPE STATION.
THE PARTY WILL RETURN TO HONG KONG ON FRIDAY MORNING.
15.