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FRIDAY, FEBRUARY 17, 1989
CERTIFIED PUBLIC ACCOUNTANT
OF
OF
MR MCMILLAN, AGED 53 AND A CONSIDERABLE INTERNATIONAL EXPERIENCE, IS THE MANAGING PARTNER ARTHUR ANDERSEN & CO'S PRACTICE IN HONG KONG AND THE REGIONAL MANAGING PARTNER FOR ITS OPERATION IN EAST ASIA.
OF THE HONG KONG HONG KONG MANAGEMENT ASIAN ASSOCIATION OF
HE IS A MEMBER OF THE ETHICS COMMITTEE SOCIETY OF ACCOUNTANTS, DEPUTY CHAIRMAN OF THE ASSOCIATION AND FIRST VICE PRESIDENT
OF THE MANAGEMENT ORGANIZATIONS.
"WE BELIEVE MR MCMILLAN'S ACCOUNTING AND MANAGEMENT EXPERTISE AND HIS KNOWLEDGE OF THE FINANCIAL SECTOR IN HONG KONG AND INTERNATIONALLY WILL MAKE HIM VERY SUITABLE FOR THE JOB,' THE FINANCIAL SECRETARY, MR PIERS JACOBS, SAID.
THE FINANCIAL SECRETARY ALSO THANKED MR NEWTON FOR HIS VALUABLE CONTRIBUTION TOWARDS THE HKFE SINCE HIS APPOINTMENT IN OCTOBER 1987.
"MR NEWTON HAS HELPED STEER THE HKFE THROUGH A MOST DIFFICULT PERIOD. HE HAS PLAYED AN IMPORTANT ROLE IN STRENGTHENING THE EXCHANGE'S MANAGEMENT AND PAVING THE WAY FOR ITS RE-CONSTITUTION," JACOBS ADDED.
MR
HONG KONG COMMITTED TO OPEN MARKET POLICY
HONG KONG'S FIRM COMMITMENT TO AN OPEN MARKET POLICY APPLIES TO TRADE IN GOODS, FINANCIAL AND OTHER SERVICES AS WELL AS TO INVESTMENTS IN INDUSTRY, THE DIRECTOR OF TRADE, MR MICHAEL SZE, SAID IN JAPAN TODAY (FRIDAY).
SEMINAR
A
THE
ADDRESSING THE HONG KONG TRADE AND INVESTMENT NAGOYA CHAMBER OF COMMERCE AND INDUSTRY, MR SZE SAID THE GOVERNMENT TREATED ALL FOREIGN AND LOCALLY OWNED CAMPANIES ALIKE. IMPARTIALLY, AND ON A COMPLETELY EQUAL FOOTING WITHOUT ANY DISCRIMINATION AGAINST OVERSEAS INVESTORS.
"THE GOVERNMENT DOES NOT SHEK ΤΟ DIRECT WHICH INDIVERIES SHOULD OR SHOULD NOT BE DEVELOPED, IT LEAVES BUSINESS DUCTIONS ENTIRELY TO THE PRIVATE SECTOR," HE SAID.
KPUTERN BKIG A
NOTING THAT HONG KONG WAS STRATEGICALLY LOCATED ON THE RIM OF THE FAST GROWING ASIAN PACIFIC REGION AS WELL AN GATEWAY TO CHINA, SERVING AS A BRIDGE BETWEEN CHINA AND THE THE WORLD, HE SAID THAT HONG KONG, AS A SPECIAL ADMINISTRATIVE (SAR) OF CHINA, WOULD CONTINUE TO FUNCTION AS IT NOW DID FOR 50 AFTER 1997.
T
OF
REGION
YEARS
"UNDER THE