20

WEDNESDAY, MAY 30, 1990

"

"THE BANK'S PARTICIPATION IN THE LIFE BOAT FACILITY PROVIDED FOR THE FUTURES EXCHANGE IN 1987 IS A GOOD EXAMPLE OF THIS, HE SAID, ADDING THAT THE BANK'S SUCCESSIVE GENERAL MANAGERS HAD ALSO BEEN ACTIVE IN COMMUNITY AND PUBLIC AFFAIRS.

SIR

TO

DAVID SAID THE PRESENCE IN HONG KONG OF BANKS OF INTERNATIONAL STANDING AND WORLDWIDE BUSINESS OPERATIONS WAS A VITAL PART OF OUR RESOLVE

MAINTAIN THE TERRITORY'S ROLE AS A LEADING CENTRE OF INTERNATIONAL FINANCE AND TRADE; A ROLE THAT THE JOINT DECLARATION AND THE BASIC LAW GUARANTEED WOULD CONTINUE BEYOND THE TRANSFER OF SOVEREIGNTY IN SEVEN YEARS' TIME.

ΤΟ

"WE THEREFORE LOOK FORWARD TO STANDARD CHARTERED CONTINUING PLAY A MAJOR ROLE IN HONG KONG'S FINANCIAL SYSTEM THROUGH THE 1990'S

KONG AS AND ON INTO THE 21ST CENTURY, WORKING HARD FOR HONG

HAS FOR THE PAST 130 YEARS," HE SAID.

IT

SUCCESSFUL

THE GOVERNOR CONGRATULATED THE BANK ON ITS LONG AND PARTNERSHIP WITH HONG KONG AND WISHED IT, AND ALL WHO WOULD WORK IN THE NEW HEADQUARTERS, A BRIGHT AND PROSPEROUS FUTURE.

IMF DELEGATION TO VISIT HK

WILL ARRIVE

A STAFF TEAM FROM THE INTERNATIONAL MONETARY FUND EVENING FOR A NINE-DAY FACT-FINDING VISIT, A GOVERNMENT SPOKESMAN SAID TODAY (WEDNESDAY).

THIS

OF

BACKGROUND

11

THE

"THE TEAM, COMPRISING A DIVISION CHIEF AND THREE ECONOMISTS FUND, THE

WILL COLLECT STATISTICAL

AND INFORMATION MATERIAL ON HONG KONG'S MONETARY AND

SYSTEMS," FINANCIAL

SPOKESMAN SAID.

"THE VISIT IS PART OF THE MORE ABOUT THE NEWLY ADDED.

FUND'S CURRENT INDUSTRIALISED ECONOMIES IN THE

EXERCISE TO LEARN REGION, HE

*

SCHEME ON LABOUR IMPORT EXTENDED

ON

THE GOVERNMENT ANNOUNCED TODAY (WEDNESDAY) THAT THE SCHEME THE IMPORTATION OF LABOUR WOULD BE EXTENDED IN VIEW OF THE PERSISTENCE OF A TIGHT LABOUR MARKET AND AN EXPECTED SLOW GROWTH IN THE SUPPLY OF LABOUR.

DOMESTIC

THE SECRETARY THAT THE CURRENT SUPERVISORS WOULD

ANNOUNCING THE DECISION AT A PRESS CONFERENCE, FOR EDUCATION AND MANPOWER, MR K. Y. YEUNG, SAID

CRAFTSMEN SCHEME FOR IMPORTING TECHNICIANS, CONTINUE WITH A NEW QUOTA OF 2,700 WORKERS.

AND

/IN ADDITION

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