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THURSDAY, JULY 18, 1991
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GOVERNOR VISITS STANLEY PRISON
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HELPED BY PROVIDING PRODUCTION WHILE IN WILSON, WAS TOLD
THE REHABILITATION OF ADULT OFFENDERS IS FACILITIES FOR THEM TO TAKE PART IN INDUSTRIAL CORRECTIONAL INSTITUTIONS, THE GOVERNOR, SIR DAVID TODAY (THURSDAY).
OPERATION OF THE CORRECTIONAL
SIR DAVID WAS BRIEFED ON THE SERVICES INDUSTRIES DURING A VISIT TO STANLEY PRISON.
RISEN BY 80 TO APPROACH $300
HE WAS TOLD THAT THE VALUE OF GOODS PRODUCED HAD PER CENT OVER THE LAST FIVE YEARS AND WAS EXPECTED MILLION THIS YEAR.
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SIR DAVID TOURED VARIOUS WORKSHOPS IN STANLEY PRISON AND SAW NUMBER OF MANUFACTURING PROCESSES CARPENTRY, SILK-SCREENING, SIGN-MAKING AND GARMENT MANUFACTURING.
INCLUDING PRINTING, SHOE-MAKING,
HE ALSO VISITED THE TELEVISION AND RADIO REPAIR WORKSHOP.
USEFUL SKILLS AND COMBAT OTHER OPPORTUNITIES FOR ABOUT 300 INMATES IN THE PRISON ARE COURSES, 13 ARE PURSUING BACHELOR TAKING COURSES WITH THE OPEN LEARNING
THE WORK HELPS THE INMATES DEVELOP BOREDOM, SIR DAVID WAS TOLD. HE LEARNT THAT LEARNING ARE PROVIDED; PARTICIPATING IN CORRESPONDENCE DEGREE COURSES AND TWO ARE INSTITUTE.
BY THE COMMISSIONER OF THE VISIT. HE MET OPPORTUNITY TO TALK
THE GOVERNOR WAS ACCOMPANIED CORRECTIONAL SERVICES, MR ERIC MCCOSH THROUGHOUT WITH SENIOR OFFICERS AT THE PRISON AND TOOK THE WITH STAFF REPRESENTATIVES.
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HK BANKING SYSTEM IS SOUND: FS
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THE GOVERNMENT HAS FULL CONFIDENCE THAT THE BANKING SYSTEM REMAINS SOUND AND IS WELL ABLE TO WITHSTAND ANY PRESSURE PUT UPON THE FINANCIAL SECRETARY, SIR PIERS JACOBS, SAID TODAY (THURSDAY).
IT,
"THE HONG KONG BANKING SYSTEM IS WELL CAPITALISED. THE HONG KONG DOLLAR REMAINS STABLE. THE BANKS ARE OPERATING IN A GROWING ECONOMY. FUTURE PROSPECTS ARE ENCOURAGING, AND HAVE RECENTLY BOOSTED FURTHER BY CONFIRMATION OF THE NEW AIRPORT PROJECT."
BEEN
AND
SIR PIERS STRESSED THAT THE PROBLEMS OF THE BANK OF CREDIT COMMERCE HONG KONG LTD. WHICH AROSE FROM EXTERNAL AND EXCEPTIONAL EVENTS ELSEWHERE IN THE BCC GROUP WERE CONFINED TO THAT INSTITUTION.
BANK
"THEY DO NOT AFFECT THE STABILITY OF ANY OTHER INDIVIDUAL IN THE TERRITORY. NOR DO THEY REFLECT ADVERSELY ON THE STRENGTH OF THE HONG KONG BANKING SYSTEM. IN THE EVENT THAT AN INDIVIDUAL BANK NEEDS LIQUIDITY ASSISTANCE, THE OFFICE OF THE EXCHANGE FUND STANDS READY TO PROVIDE IT," HE SAID.
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