21
WEDNESDAY, NOVEMBER 14, 1990
IN THE THIRD QUARTER OF 1990, FIRMS IN THE MANUFACTURING SECTOR
LABOUR EXPERIENCED
PARTICULARLY IN
MATERIAL
SHORTAGES,
GENERALLY
HIGH LABOUR;
PRICES: INSUFFICIENT CONTRACTS; AND HIGH WAGE RATES.
BUSINESS
SKILLED ORDERS OR
EXPECTED
TO
THE PROBLEM OF HIGH MATERIAL PRICES WAS PARTICULARLY WIDESPREAD
THESE PROBLEMS ARE FIRMS IN THE PLASTICS INDUSTRY, REMAIN IN THE FOURTH QUARTER.
FOR
OF HIGH
IN THE CONSTRUCTION SECTOR, FIRMS REPORTED PROBLEMS WAGE RATES; SHORTAGE OF LABOUR, PARTICULARLY SKILLED LABOUR; AND PRICE THESE PROBLEMS ARE COMPETITION FROM LOCAL FIRMS IN THE THIRD QUARTER. EXPECTED TO SUSTAIN IN THE FOURTH QUARTER.
IN
AND CATERING
AND SECTOR
OTHER OF CITED SHORTAGE
AND PRICE
TRADES THE DISTRIBUTIVE SERVICES SECTOR, A SIGNIFICANT PROPORTION OF FIRMS STAFF GENERALLY; HIGH STAFF TURNOVER; HIGH STAFF COSTS; COMPETITION AS THEIR MAJOR BUSINESS PROBLEMS IN THE THIRD QUARTER.
IN
ADDITION
ΤΟ THESE
PROBLEMS, HOTELS
WERE PARTICULARLY AFFECTED BY THE PROBLEM OF INSUFFICIENT BUSINESS WHILE BANKS REPORTED THESE SITUATIONS ARE THE PROBLEM OF SHORTAGE OF EXPERIENCED STAFF. EXPECTED TO PERSIST IN THE FOURTH QUARTER.
OF
ARE
A QUICK KONG FROM A
ACCORDING TO THE CENSUS AND STATISTICS DEPARTMENT, RESULTS THE QUARTERLY BUSINESS SURVEY, OBTAINED WITH A MINIMUM TIME LAG, INTENDED TO
FOR MAKING PROVIDE
SOURCE A
OF REFERENCE ASSESSMENT OF THE CURRENT ECONOMIC SITUATION OF HONG SHORT-TERM PERSPECTIVE.
IN THE
INDICATE LEVEL THE SAME" OR WITH THE COMPARED
THE WHETHER
ΤΟ ASKED PARTICIPATING FIRMS WERE SURVEY, WHETHER, IN THEIR OPINION, THE GENERAL BUSINESS SITUATION AND
"REMAINED "IMPROVED" OF CAPACITY UTILISATION HAD "DETERIORATED"
THE THIRD QUARTER OF 1990 AS PRECEDING QUARTER. THEY WERE ALSO ASKED TO SITUATION IS EXPECTED TO "IMPROVE", "REMAIN THE SAME" OR "DETERIORATE" IN THE FOURTH QUARTER OF 1990.
IN
OPINIONS THE
EXPERIENCED
OF
MOREOVER, THE SURVEY
INDICATE
TABULATED
AND
ANALYSED. SECTION ON THE BUSINESS ECONOMIC DIFFERENT BY EMPLOYMENT SIZE
RESPONDENTS WERE REPORT CONTAINS A PROBLEMS
AND EXPECTED BY FIRMS IN SECTORS, AND A BREAKDOWN OF THE VIEWS OF FIRMS GROUP.
THE THE DEPARTMENT CAUTIONED THAT, IN A SURVEY OF THIS NATURE,
IS DIFFICULT TO RESULTS SHOULD BE INTERPRETED WITH CAUTION AS IT
OF ESTABLISH PRECISELY THE EXTENT TO WHICH RESPONDENTS' RECOLLECTION
WITH THE UNDERLY ING THE PAST AND PERCEPTION OF THE FUTURE ACCORDS TRENDS.
REPORT
MEMBERS OF THE PUBLIC MAY PURCHASE COPIES OF THE SURVEY FROM THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GPO BUILDING,
SALES COUNTER OF CONNAUGHT PLACE, CENTRAL, OR FROM THE PUBLICATIONS THE CENSUS AND STATISTICS DEPARTMENT, 19TH FLOOR, WANCHAI TOWER 1, HARBOUR ROAD, WAN CHAI, AT $5.50 PER COPY.
12
BUSINESS
SURVEY MAY BE OF THE CENSUS
AND
FURTHER DETAILS OF THE QUARTERLY OBTAINED FROM THE INDUSTRIAL RESEARCH SECTION STATISTICS DEPARTMENT ON TEL. 839 3223.
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