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THURSDAY, NOVEMBER 2, 1989
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THAN
"HONG KONG GREW INTO AN IMPORTANT FINANCIAL CENTRE BECAUSE THERE WERE A MINIMUM NUMBER OF RULES INHIBITING BUSINESS, RATHER BECAUSE IT HAD A COMPREHENSIVE REGULATORY SYSTEM, HE SAID.
FOR
H
"IN REVIEWING COMPLIANCE WITH EXISTING REGULATIONS AND PLANS FUTURE LEGISLATION, IT IS ESSENTIAL THAT THERE
BE SHOULD COMMONSENSE HANDLING OF SITUATIONS AS THEY ARISE AND THE AVOIDANCE OF NIT-PICKING, HE ADDED.
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HE URGED THE GOVERNMENT NOT TO STRAY AWAY FROM HONG KONG'S BASIC PHILOSOPHY, AND TO ENSURE THE REGULATORY ORGANISATIONS WITHIN AND OUTSIDE GOVERNMENT REMAINED LEAN AND TIGHTLY MANAGED, A SENSIBLE APPROACH TO REALITIES.
BOTH WITH
ON INFRASTRUCTURE AND DEVELOPMENT, MR BARROW SAID THE ANNOUNCEMENT OF A NEW AIRPORT AND RELATED DEVELOPMENTS WAS WELCOME NEWS TO THE COMMUNITY AS A WHOLE AND TO THE TOURISM INDUSTRY IN PARTICULAR.
MUST
HOWEVER,
IN PARALLEL WITH THESE MAJOR DEVELOPMENTS, HE SAID WE KEEP UP THE OTHER IMPROVEMENTS WHICH WERE SO VITAL TO MAINTAINING HONG KONG AS AN EXCITING AND VIBRANT CITY FOR VISITORS AND CONTINUE TO OFFER A HIGH STANDARD OF SERVICE.
THESE INCLUDED THE ONGOING IMPROVEMENTS AT ΚΑΙ TAK OVER THE NEXT TWO OR THREE YEARS; THE NEED TO ENSURE THE LAYOUT OF THE NEW RECLAMATION GAVE HONG KONG AN EXCITING AND COLOURFUL WATERFRONT; THE COMMITMENT TO TRAINING AND EDUCATION AS WELL AS SOME FLEXIBILITY IN IMMIGRATION POLICY; THE PROTECTION OF THE ENVIRONMENT AND THE FURTHER DEVELOPMENT OF ARTS AND CULTURE.
NEED TO REBUILD CONFIDENCE
* * * * *
THERE IS AN URGENT NEED TO REBUILD CONFIDENCE: CONFIDENCE IN OURSELVES AND CONFIDENCE OF THE INTERNATIONAL BUSINESS COMMUNITY IN US,
THE HON EDWARD HO SAID IN THE LEGISLATIVE | THURSDAY).
COUNCIL TODAY
OF RESTORATION MUTUAL TRUST AND
THE SPEAKING IN THE POLICY DEBATE, MR HO SAID CONFIDENCE IN HONG KONG'S FUTURE LAY ULTIMATELY IN UNDERSTANDING AMONG CHINA, HONG KONG AND BRITAIN,
WILL AND MAINTAIN HONG UNDERSTANDING OF
HE SAID IT WAS IMPORTANT TO HAVE MUTUAL TRUST IN THE
то DETERMINATION ON THE PART OF ALL THREE GOVERNMENTS KONG'S PROSPERITY AND STABILITY, AND TO HAVE MUTUAL THE CONCERNS OF THE PEOPLE OF HONG KONG.
/IT WAS