3
MONDAY, JULY 9, 1990
"THE REST WILL BE REDEPLOYED TO COPE WITH AREAS OF INCREASING DEMAND SUCH AS IN THE NEW TOWNS," SHE SAID.
ALSO SPEAKING AT
THE CEREMONY, THE POSTMASTER GENERAL, MR DOMINIC S.W. WONG, SAID THE COMMISSIONING OF THE MLSS WAS THE CULMINATION OF EFFORTS IN INCREASING PRODUCTIVITY AND IMPROVING EFFICIENCY, AND IN RELYING ON MECHANISATION AND AUTOMATION AS FAR AS POSSIBLE.
HE SAID IN ORDER TO REAP THE FULL BENEFITS OF THE NEW EQUIPMENT, THE POST OFFICE NEEDED THE CO-OPERATION OF EVERYONE IN HONG KONG IN PROPERLY ADDRESSING AND MAKING UP MAIL ITEMS SO THAT THEY COULD BE READ BY THE EQUIPMENT AND THUS REDUCE THE INCIDENCE OF MANUAL SORTING.
"
"WITH PUBLIC CO-OPERATION I AM SURE THAT OUR MAIL CAN BE PROCESSED MORE QUICKLY AND THAT IT CAN REACH RECIPIENTS FASTER, HE ADDED.
NOTE TO EDITORS:
A PHOTOGRAPH TAKEN AT THE COMMISSIONING CEREMONY AND COPIES OF SPEECHES BY THE SECRETARY FOR ECONOMIC SERVICES AND THE POSTMASTER GENERAL WILL BE BOXED.
PRICE AND VOLUME MOVEMENTS OF EXTERNAL TRADE IN APRIL
* *
WHILE
THE VOLUME OF DOMESTIC EXPORTS DECREASED BY 5 PER CENT, THAT OF RE-EXPORTS GREW BY 6 PER CENT IN THE FIRST FOUR MONTHS OF 1990 STATISTICS AS COMPARED WITH THE SAME PERIOD IN 1989, ACCORDING TO THE RELEASED TODAY (MONDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
TAKING THEM TOGETHER, THERE WAS AN OVERALL INCREASE OF CENT IN THE VOLUME OF TOTAL EXPORTS. IMPORTS INCREASED BY 1 PER IN VOLUME TERMS.
1 PER CENT
THE GROWTH IN THE VOLUME OF TRADE IS DERIVED FROM THE GROWTH IN TRADE VALUES, HAVING DISCOUNTED THE EFFECT OF PRICE CHANGES.
OF COMPARISON, AS REGARDS PRICE CHANGES OVER THE SAME PERIOD THE PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY 2 PER CENT AND 4 AS PER CENT RESPECTIVELY, WHILE THOSE OF IMPORTS ROSE BY 2 PER CENT.
RATIO OF TOTAL A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A EXPORT PRICE INDEX TO IMPORT PRICE INDEX) INCREASED BY 1 PER CENT.
ACCOUNT
PRICES ARE BASED ON UNIT VALUES WHICH DO NOT TAKE INTO CHANGES IN THE COMPOSITION OR QUALITY OF GOODS TRADED, EXCEPT FOR SOME SELECTED AVAILABLE.
COMMODITIES
FOR
WHICH
SPECIFICATION
PRICE
INDEXES
ARE
/COMPARING THE