THURSDAY, MAY 19, 1983
HK ECONOMY IS STRONG: GOVERNOR
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THERE IS AN UNDERLYING STRENGTH IN THE HONG KONG ECONOMY WHICH WILL BE REFLECTED LATER ON IN THE EXCHANGE RATE, THE GOVERNOR, SIR EDWARD YOUDE, SAID THIS (THURSDAY) EVENING.
SPEAKING TO REPORTERS AFTER HIS ONE-DAY VISIT TO MACAU TODAY, SIR EDWARD POINTED OUT THAT FLUCTUATIONS ARE A PART OF THE OPEN ECONOMY.
+MY ADVICE TO PEOPLE IS ONCE AGAIN DON'T BE UNDULY GLOOMY,+ HE SAID.
ON HIS VISIT TO MACAU, SIR EDWARD SAID IT WAS NOT A DAY FOR POLITICAL DISCUSSIONS.
+IT WAS A DAY IN WHICH I WENT TO SEE MACAU, WHICH I HAVEN'T SEEN FOR ABOUT 20 YEARS, TO SEE ITS DEVELOPMENT AND TO TALK TO THE MACAU GOVERNOR ON HOW HE IS TACKLING THE PROBLEMS THERE.
+ALTHOUGH THE SCALE OF THE PROBLEM IS VERY DIFFERENT IN MANY WAYS, THE NATURE OF THE DEVELOPMENT PROGRAMMES IN MACAU IS MUCH THE SAME AS SOME OF THE PROBLEMS IN HONG KONG. THE DIRECT AND PRACTICAL RELATIONSHIP BETWEEN HONG KONG AND MACAU IS ALSO VERY CLOSE, HE SAID.
THE GOVERNOR AND LADY YOUDE HAD EARLIER PAID AN L.FORMAL VISIT TO MACAU AT THE INVITATION OF THE MACAU GOVERNOR VASCO DE ALMEIDA E COSTA.
HE WAS ACCOMPANIED ON THE VISIT BY THE SENIOR UNOFFICIAL MEMBER OF THE EXECUTIVE COUNCIL, SIR SZE-YUEN CHUNG THE SE-10R UNOFFICIAL MEMBER OF THE LEGISLATIVE COUNCIL, MR ROGER LOFO: THE POLITICAL ADVISER, MR ROBIN MCLAREN, AND THE AIDE-DE-CAMP, MR PAUL CROFT.
ARRIVING IN MACAU AT ABOUT 10.45 AM, THE GUESTS OF HONOUR WERE MET AT THE MACAU FERRY PIER BY THE MACAU GOVERNOF, AI MRS ALMEIDA E COSTA AND OTHER SENIOR OFFICIALS.
THEY THEN PROCEEDED TO SANTA SANCHA PALACE WHERE THEY WERE BRIEFED ON THE SITUATION IN MACAU AND THE TERRITORY'S MAJOR DEVELOPMENT PROJECTS.
AFTER LUNCH AT THE PALACE, THE VISITORS PROCEEDED TO THE GUIA HILL LIGHT HOUSE WHERE THEY HAD A PANORAMIC VIEW OF THE CITY.
THIS WAS FOLLOWED BY A TOUR OF PLACES OF INTEREST INCLUDING TAIPA AND COLOANE ISLANDS.
AFTER THE TOUR, THE GUESTS RETURNED TO SANTA SANTHA PALACE FOR TEA, BEFORE DEPARTING FOR HONG KONG.
THEY ARRIVED IN HONG KONG AT ABOUT 6.30 PM.
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