20
WEDNESDAY, JUNE 30, 1993
"EXISTING INSTANT LICENSING SERVICES WILL
CONTINUE
UNTIL THE
END OF JULY THIS YEAR. STARTING FROM AUGUST 2, APPROVED LICENCES BE ISSUED TWO CLEAR WORKING DAYS AFTER SUBMISSION.
WILL
TT
"TRADERS ARE URGED TO MAKE USE OF THE TTRS, WHICH IS A CONVENIENT ALTERNATIVE,' THE SPOKESMAN SAID.
MORE
APPLICATION FORMS ARE
AVAILABLE
FROM THE TRADE DEPARTMENT
ENQUIRY COUNTER.
RESULTS OF 1991 SURVEY OF WHOLESALE, RETAIL AND
IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS
* * * * *
BOTH THE IMPORT/EXPORT AND RETAIL TRADES REGISTERED RAPID GROWTH IN 1991, WITH TOTAL SALES INCREASED BY 26% AND 20% RESPECTIVELY WHEN COMPARED WITH 1990.
OVER THE SAME PERIOD, THE TOTAL SALES OF THE WHOLESALE
TRADE, RESTAURANTS AND HOTELS (INCLUDING BOARDING HOUSES) ALSO WENT UP, BY 14%, 13% AND 10% RESPECTIVELY.
GROWTH IN GROSS SURPLUS (WHICH EQUALS TOTAL SALES LESS TOTAL OPERATING EXPENDITURE) VARIED AMONGST THESE BUSINESS ACTIVITIES.
HAD
WHILE THE IMPORT/EXPORT, WHOLESALE AND RETAIL TRADES INCREASED IN GROSS SURPLUS OVER 1990, OF 20%, 14% AND 13% RESPECTIVELY, RESTAURANTS AND HOTELS RECORDED DECREASES OF 13% AND 23% RESPECTIVELY.
THESE ARE SOME OF THE MAJOR RESULTS OF THE 1991 SURVEY OF WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS RELEASED TODAY (WEDNESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
THE SURVEY WAS CONDUCTED FROM APRIL 1992 TO EARLY 1993.
ALL VALUE FIGURES ARE EXPRESSED IN CURRENT PRICES. THE PERCENTAGE CHANGES DERIVED FROM THESE FIGURES HAVE NOT BEEN ADJUSTED FOR PRICE CHANGES. CAUTION SHOULD THEREFORE BE TAKEN IN INTERPRETING THE SURVEY RESULTS.
IN 1991, THERE WERE SOME 82,500 IMPORT/EXPORT ESTABLISHMENTS IN OPERATION, AN INCREASE OF 19% OVER 1990. TOTAL SALES GENERATED BY THESE ESTABLISHMENTS AMOUNTED TO $1,313 BILLION, AN INCREASE OF 26% OVER 1990.
OF
THE GROSS SURPLUS OF THE IMPORT/EXPORT TRADE ACCOUNTED FOR 4.5% ITS TOTAL SALES WHILE THE TOTAL OPERATING EXPENDITURE (COMPRISING COMPENSATION OF EMPLOYEES, OPERATING EXPENSES AND VALUE OF PURCHASES OF GOODS FOR SALE) TOOK UP THE REMAINING 95.5%.
/COMPARED WITH