PCH 19, 1987
CS TO OPEN LARGEST HOS PROJECT
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THE CHIEF SECRETARY SIR PHILIP HADDON-CAVE, WILL ON THURSDAY (MARCH 21) OFFICIATE AT THE OPENING CEREMONY OF SIU HONG COURT IN TUEN MUN, THE LARGEST HOME OWNERSHIP SCHEME PROJECT EVER DEVELOPED BY THE HOUSING AUTHORITY.
THE CEREMONY WILL TAKE PLACE AT 11 AM, DURING WHICH SIR PHILIP WILL ALSO PRESENT A SOUVENIR TO THE 40 000TH HOS FLAT OWNER.
NOTE TO EDITORS:
YOU ARE INVITED TO COVER THE EVENT. A COACH (CZ 4759) TAKING MEDIA REPRESENTATIVES TO SIU HONG COURT WILL DEPART FROM THE OPEN AIR CARPARK NEXT TO SILVERCORD TOWER ON CANTON ROAD, TSIM SHA TSUI, AT 9.30 AM SHARP ON THURSDAY.
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QUOTA REVIEW IS A PREVENTIVE MEASURE HO ****
THE CURRENT TEXTILES QUOTA REVIEW CONDUCTED BY THE GOVERNMENT CAN BE REGARDED AS A PREVENTIVE MEASURE TAKEN IN RESPONSE TO THE RAPIDLY GROWING PROTECTIONISM IN THE U.S., THE SECRETARY FOR TRADE AND INDUSTRY, MR E.P. HO, SAID THIS (TUESDAY) EVENING.
+THE CONSULTATIVE PAPER ISSUED BY THE TRADE DEPARTMENT LAST DECEMBER ATTRACTED A DIVERSITY OF COMMENTS FROM MANY PEOPLE IN THE TRADE,+ MR HO TOLD THE ANNUAL SPRING DINNER OF THE FEDERATION OF HONG KONG GARMENT MANUFACTURERS.
+THE GOVERNMENT WILL CONTINUE TO HANDLE THIS MATTER WITH EXTREME CARE AND THE FINAL RECOMMENDATIONS WILL REFLECT THE OVERRIDING INTEREST OF OUR EXPORT TRADE,+ MR HO SAID.
MR HO ALSO SAID THAT WHILE DEMAND FROM THE EUROPEAN MARKET FOR HONG KONG PRODUCTS WOULD PROBABLY CONTINUE TO BE SOFT THIS YEAR IN VIEW OF THE STRONG LOCAL DOLLAR, OUR TRADE WITH CHINA WAS FORECAST TO MAINTAIN ITS PHENOMENAL GROWTH IN 1985.
+ALTHOUGH GROWTH OF THE U.S. MARKET WOULD PROBABLY SLOW NOWN IN 1985, MOST ECONOMISTS ARE SAYING THAT THERE WOULD BE A RESPECTABLE REAL GROWTH OF THREE TO FOUR PER CENT. HONG KONG WILL THUS CONTINUE TO BENEFIT FROM THIS GROWTH, HE SAID.
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