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THURSDAY, APRIL 3, 1986
SIR DAVID ADDED THAT HE HAD NOT HEARD ANY SPECIFIC REFERENCE TO AN INDUSTRIAL BANK.
BUT SOME MEMBERS OF THE LEGISLATIVE COUNCIL HAD MADE VARIOUS SUGGESTIONS IN THEIR SPEECHES LAST WEEK FOR GREATER EFFORTS TO BE MADE TO IMPROVE OUR PRODUCTIVITY AND THE INPUT INTO OUR INDUSTRY.
HE SAID ALL THE THINGS MENTIONED BY THE MEMBERS WOULD BE CONSIDERED DURING THE NEXT WEEK OR SO AND A REPLY WOULD BE GIVEN IN THE LEGISLATIVE COUNCIL AT THE FINAL DEBATE ON THE APPROPRIATION BILL.
ASKED WHETHER THE GOVERNMENT INTENDED TO SET UP A CENTRAL BANK, SIR DAVID SAID WITH REGARD TO THE BANKING INDUSTRY IN GENERAL THE FINANCIAL SECRETARY WOULD MAKE A FURTHER STATEMENT IN THE LEGISLATIVE COUNCIL NEXT WEEK.
ASKED TO COMMENT ON REPORTS THAT THE GOVERNOR WAS NOT HAPPY WITH THE PERFORMANCE OF SOME MEMBERS OF ADVISORY BOARDS, SIR DAVID SAID: +1 WOULD SAY THAT'S NONSENSE.+
HE NOTED THAT THE GOVERNOR HAD ALWAYS TAKEN A GREAT INTEREST IN THE ADVISORY BOARDS. IT IS AFTER ALL THE GOVERNOR WHO APPOINTS THE ADVISORY BOARDS.
+HE PERSONALLY MAKES THE SELECTION AND APPOINTMENT OF MEMBERS OF THE BOARDS.+
SIR DAVID STRESSED THAT THE ADVISORY BOARDS ASSUMED A VERY IMPORTANT PART IN THE LIFE OF THE COMMUNITY AS WE BECAME A MORE COMPLEX SOCIETY.
ON THE QUESTION OF MONITORING OIL PRICES, HE SAID THE OIL INDUSTRY WAS AT PRESENT IN A DIALOGUE WITH MEMBERS OF THE LEGISLATIVE COUNCIL. THEY ARE STRONGLY DEFENDING THE COMPETITYENESS OF HONG KONG'S OIL PRICES AND ARE EXPLAINING THAT TO THE LEGISLATIVE COUNCILLORS.+
ASKED ABOUT THE NATIONALITY BILL, HE SAID HE HAD NOT HAD ANY SPECIFIC NEWS ABOUT THE BILL.
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