7
WEDNESDAY, APRIL 25, 1990
TAKE
THE GOVERNMENT SHOULD TREND TOWARDS "QUANGOS (QUASI
FOR FISCAL AND ECONOMIC HEALTH REASONS, STEPS TO REVERSE THE NON-GOVERNMENTAL ORGANISATIONS), HE SAID.
BE AND THE MTRC SHOULD HE SAID THE KCRC,
BE SHOULD SUCH SERVICES
AS WATER DISTRIBUTION PRIVATE SECTOR OPERATORS.
PRIVATISED,
AND
HANDED OVER TO
THE GOVERNMENT
MUST PLACE
COMPUTERISING ITS OPERATIONS,
A AND MUST
ITS IN
HIGHER PRIORITY FAR DEVELOP A COMPUTER POLICY AND STRATEGY OBJECTIVES,
ON
WHICH IS CLEAR AND ORGANISED IMPLEMENTATION, HE ADDED.
MR
LI
CALLED
ON
THE
GOVERNMENT
APPROVE
THE
AND
ΤΟ PROMPTLY PROPOSALS TO GRANT TAX CONCESSIONS TO VENTURE CAPITAL INVESTMENTS
TRANSFERS, BECAUSE THESE WOULD TO ABOLISH THE STAMP DUTY ON SHARE
THE FLIGHT OF
ENCOURAGE GREATER CORPORATE CAPITAL.
LOCAL INVESTMENT
AND
HELP STEM
THE TAX ANOMALY AWAY FROM THE LOCAL CAPITAL
IMMEDIATE ACTION WAS ALSO REQUIRED TO REMOVE WHICH WAS DRIVING CORPORATE INVESTORS MARKET, MR LI ADDED.
THE URGED
TRAINING,
PROFESSIONAL
GOVERNMENT
AS
TO
WELL
AS
TURNING TO THE LABOUR MARKET, MR LI GIVE PRIORITY TO VOCATIONAL AND WORKER RE-TRAINING, AS A REMEDY TO THE SHORTAGE OF SKILLED TECHNICIANS AND MIDDLE-MANAGERS.
HE CLOSELY-MONITORED,
ALSO
THAT FELT
THE
IMPORTATION
OF
LABOUR
NON-COMPETITIVE PROJECT-BY-PROJECT,
ON A BASIS WOULD
BASE LOCAL PRESSURES.
EXPAND
THE SUPPLY OF ACCORDING TO MR LI, EFFORTS TO MUST BE COMPLEMENTED BY EFFORTS TO PROMOTE THE MORE EFFICIENT LABOUR.
LABOUR USE OF
INVEST IN
"TAX INCENTIVES SHOULD BE PROVIDED FOR COMPANIES TO
AND OTHER LABOUR-SAVING MACHINERY, CAD/CAM AUTOMATION, DEPRECIATION ALLOWANCES WOULD ENABLE HONG KONG COMPANIES TO KEEP WITH RAPIDLY CHANGING TECHNOLOGY AND SO KEEP THEIR COMPETITIVE HE SAID.
AS
HIGHER PACE
11
EDGE,
SENSE OF A GREATER OF HONG KONG, GOVERNMENT TAX RELIEF FOR OWNER-OCCUPIED
A
OF CREATING MEANS HE SAID THAT BELONGING AND COMMITMENT AMONG THE PEOPLE SHOULD PROVIDE MORTGAGE-INTEREST RESIDENCES.
PRIVATE SECTOR AND WITH RETIREMENT SCHEMES. IT MR LI
"GOVERNMENT MUST ALSO WORK WITH THE INDUSTRY ASSOCIATIONS TO IMPROVE HONG KONG'S SHOULD ENCOURAGE MORE COMPANIES TO ESTABLISH SUCH PROGRAMMES, SAID.
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