2
FRIDAY, AUGUST 12, 1988
IN
FIRMS IN DIFFERENT TRADE COMMUNICATION, REAL ESTATE AND MISCELLANEOUS BUSINESS THE GENERAL BUSINESS IMPROVEMENT
THE OTHER SERVICES SECTOR,
AND CATEGORIES (1.E. TRANSPORT, STORAGE
BANKS DEVELOPMENT AND RELATED SERVICES, SERVICES) REPORTED A FAVOURABLE IMPROVEMENT IN SITUATION IN THE SECOND QUARTER AND THEY EXPECT A FURTHER IN BUSINESS FOR THE THIRD QUARTER,
ABOUT 1,000
FORMING A CROSS-SECTION OF THE
FROM FIRMS
THE SURVEY EXPECTATIONS. THE SURVEY
AND WERE
ASKED
ABOUT
THEIR
VARIOUS INDUSTRIES COMMUNITY, ECONOMIC
PARTICIPATED BUSINESS EXPERIENCES
AND
BUSINESSES,
BUSINESS
IN AND PROBLEMS FACED BY
FIRMS.
ALSO COVERED
REGARDING THE PROBLEMS FACED
BY FIRMS IN THE ΤΟ CONTINUED
MANUFACTURING BE AFFECTED BY THE SKILLED BOTH
AND UNSKILLED.
SECTOR, FIRMS REPORTED THAT THEY PROBLEM OF LABOUR SHORTAGE,
INCLUDING
THIS PROBLEM 18 EXPECTED TO REMAIN PROMINENT IN THE THIRD QUARTER.
IN ADDITION, HIGH MATERIAL PRICES WERE ALSO REPORTED
BY FIRMS
IN VARIOUS INDUSTRIES AS A MAJOR PROBLEM FOR BOTH THE SECOND AND THIRD QUARTERS.
THESE INCLUDE
THE PRINTING,
FOOD,
BEVERAGE
AND
PLASTICS
AND
TOBACCO, ELECTRICAL
IN FIRMS FABRICATED METAL PRODUCTS, MACHINERY, APPLIANCES AND SUPPLIES INDUSTRIES.
AS FOR THE
CONSTRUCTION
THE SFCTOR,
NUMBER OF
RESPONDENTS HAD INCREASED.
REGARDING THE SHORTAGE OF SKILLED LABOUR AS A PROBLEM THE PROBLEM IS EXPECTED TO REMAIN PROMINENT IN THE THIRD QUARTER.
HIGII QUOTED
WAGE RATES WHILE A SIZEABLE PROPORTION OF FIRMS
BOTH AND SHORTAGE OF LABOUR GENERALLY AS THE SIGNIFICANT PROBLEMS FOR
FROM THE SECOND AND THIRD QUARTERS, THE PROBLEMS OF PRICE COMPETITION
HAD BECOME LESS WIDELY FIRMS IN HONG KONG AND HIGH MATERIAL PRICES REPORTED AMONG CONSTRUCTION FIRMS.
IN FIRMS
RESTAURANTS AND
THE WHOLESALE, RETAIL AND IMPORT/EXPORT
SERVICES HOTELS AND OTHER
OF SHORTAGE AFFECTED BY THE PROBLEMS OF
SECTORS
TRADES, WERE COMMONLY STAFF GENERALLY AND HIGH
STAFF TURNOVER.
EXPERIENCED STAFF WAS A IN ADDITION, SHORTAGE OF PROBLEM REPORTED BY HOTELS AND BANKS IN THE SECOND SITUATION IS EXPECTED TO CONTINUE IN THE THIRD QUARTER.
QUARTER
PROMINENT AND THIS
AFFECTED FIRMS IN THE BANKS SECTORS To REMAIN
THE PROBLEM OF PRICE COMPETITION ALSO WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, HOTELS AND EXTENSIVELY IN THE SECOND QUARTER. THE PROBLEM IS EXPECTED SIGNIFICANT IN THE THIRD QUARTER.
/ACCORDING TO