XN000022-1987-01-12 — Page 15

MONDAY, JANUARY 12, 1987

FINANCING,

INSURANCE REAL ESTATE

AND BUSINESS SERVICES

14

114.2

126.7

+10.9

BETWEEN SEPTEMBER 1985 AND SEPTEMBER 1986, INCREASES OF 12 PER CENT, 9.2 PER CENT AND 12.9 PER CENT WERE REGISTERED IN THE NOMINAL INDEX OF PAYROLL PER PERSON ENGAGED IN THE MANUFACTURING SECTOR: THE WHOLESALE AND RETAIL, IMPORT AND EXPORT TRADE AND RESTAURANTS AND HOTELS SECTOR AND THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR, RESPECTIVELY. OVER THE SAME PERIOD, THE CORRESPONDING INCREASES IN THE REAL INDEX OF PAYROLL PER PERSON ENGAGED WERE 10.4 PER CENT, 7.2 PER CENT AND 10.9 PER CENT.

DETAILED BREAKDOWNS OF THE ABOVE STATISTICS ARE AVAILABLE FROM THE QUARTERLY REPORT OF EMPLOYMENT, VACANCIES_AND_PAYROLL STATISTICS, SEPTEMBER 1986, WHICH IS AVAILABLE AT $11 PER COPY AT THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, GROUND FLOOR, CONNAUGHT PLACE, HONG KONG, AND AT THE SALE COUNTER OF THE CENSUS AND STATISTICS DEPARTMENT AT ROOM 1904, KAI TAK COMMERCIAL BUILDING, 317 DEX VOEUX ROAD CENTRAL, HONG KONG.

COMPANY REGISTRATIONS REACH 161 986 *****

THE TOTAL NUMBER OF COMPANIES REGISTERED UNDER THE COMPANIES ORDINANCE IN 1986 INCREASED BY 10 PER CENT TO 161 986, COMPARED WITH 147 636 IN 1985, ACCORDING TO STATISTICS RELEASED TODAY (MONDAY) BY THE REGISTRAR GENERAL, MR NOEL GLEESON.

THE NUMBER OF NEW COMPANIES REGISTERED DURING THE CALENDAR YEAR DECREASED BY 9 PER CENT, FROM 18 465 IN 1985 TO 16 743.

MR GLEESON REPORTED INCREASES OF ACTIVITY IN MOST AREAS AND DECREASES IN OTHERS IN THE COMMERCIAL DIVISION OF THE DEPARTMENT DURING THE YEAR.

THE TOTAL NUMBER OF OVERSEAS COMPANIES WHICH HAD ESTABLISHED A PLACE OF BUSINESS IN HONG KONG AT THE END OF THE YEAR INCREASED BY 7 PER CENT FROM 2 092 TO 2 238.

THE NUMBER OF OVERSEAS COMPANIES ESTABLISHING A PLACE OF BUSINESS IN HONG KONG WAS 288, AN INCREASE OF 25 PER CENT OVER THE NUMBER OF SUCH COMPANIES IN 1985.

/MR GLEESON