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THURSDAY, APRIL 21, 1983
B. ORDERS-ON-HAND IN MANUFACTURING
(% CHANGE OVER THE
PRECEDING MONTH)
DEC.
JAN. FEB.
1982
1983 1983
ORDERS-ON-HAND
(IN TERMS OF MONTHS) FOR FEBRUARY 1983
INDUSTRY
WEARING APPAREL,
EXCEPT FOOTWEAR
4
1
*
4.80
TEXTILES, EXCEPT
WEARING APPAREL
*
*
1
2.33
PLASTIC PRODUCTS
*
5
6
3.00
FABRICATED METAL PRODUCTS
11
-2
20
2.45
ELECTRICAL AND ELECTRONIC PRODUCTS
1
*
3
4.52
OTHERS
3
1
1
3.57
ALL ABOVE INDUSTRIES 2
1
2
3.91
* CHANGES WITHIN + 0.5%
** PERSONS ENGAGED COVER COMPANY EMPLOYEES ONLY: SITE WORKERS
EMPLOYED BY LABOUR-ONLY SUB-CONTRACTORS NOT INCLUDED.
REMINDER ON INSURANCE COMPANIES ORDINANCE 1983
****
A SPOKESMAN FOR THE REGISTRAR GENERAL'S DEPARTMENT TODAY DREW THE ATTENTION OF THE LOCAL INSURANCE INDUSTRY AND OTHER INTERESTED MEMBERS OF THE PUBLIC TO THE INSURANCE COMPANIES ORDINANCE 1983 WHICH WAS ENACTED ON FEBRUARY 8, AND WHICH WILL COME INTO OPERATION ON A DAY TO BE APPOINTED BY THE GOVERNOR BY NOTICE IN THE GAZETTE.
+
THE ORDINANCE CONTAINS PROVISIONS TO FIX THE MINIMUM FINANCIAL STANDARDS REQUIRED OF INSURANCE COMPANIES AND REQUIRES THEM TO SUBMIT CERTAIN FINANCIAL STATEMENTS AND OTHER RELEVANT INFORMATION TO THE INSURANCE AUTHORITY, WHICH IS ABOUT TO BE ESTABLISHED TO ADMINISTER THE ORDINANCE.
THERE ARE VARIOUS PROVISIONS DESIGNED TO SAFEGUARD THE INTERESTS OF POLICYHOLDERS.
/ONE OF
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