XN000022-1990-04-30 — Page 5

MONDAY, APRIL 30, 1990

SMA TO ATTEND ASIAN DEVELOPMENT BANK MEETING

MR AFFAIRS,

NENDICK, DAVID

THE SECRETARY FOR MONETARY LEAVE HONG KONG TONIGHT (MONDAY) TO ATTEND THE 23RD ANNUAL MEETING THE BOARD OF GOVERNORS OF THE ASIAN DEVELOPMENT BANK.

WILL

OF

FROM MAY 2 ΤΟ GOVERNOR'S

THE MEETING WILL TAKE PLACE IN NEW DELHI, INDIA,

MEETING AT A ADDRESS THE 4. MR NENDICK IS EXPECTED TO SESSION.

ASSISTANT

THE PRINCIPAL SINCLAIR, AND ASSISTANT

ALSO IN THE HONG KONG DELEGATION ARE SECRETARY FOR MONETARY AFFAIRS, MR ALASDAIR SECRETARY FOR MONETARY AFFAIRS, MR THOMAS CHOW.

MEASURES TO IMPROVE LABOUR BENEFITS

AREA OF

TO FURTHER SERVICE

THE GOVERNMENT IS CONSIDERING A SERIES OF MEASURES

PAID LEAVE, LONG IMPROVE LABOUR BENEFITS IN THE PAYMENT, SEVERANCE PAY, AND COMPENSATION FOR INJURED WORKERS.

YEUNG, SAID THE SECRETARY FOR EDUCATION AND MANPOWER, MR K.Y.

EVENING TO MARK THE THIS WHEN ADDRESSING A GATHERING THIS (MONDAY) MAY 1 INTERNATIONAL LABOUR DAY.

HE SAID THE GOVERNMENT FORWARD LOOKING LABOUR POLICY.

WAS

COMMITTED

TO

A

PROGRESSIVE

AND

HAD BEEN BENEFITS

EMPLOYEES'

DO

THE GOVERNMENT'S COMMITMENT WAS DEMONSTRATED BY WHAT ACHIEVED DURING THE 1980'S IN THREE BROAD AREAS OF LABOUR

OF

AND EMPLOYMENT CONDITIONS INDUSTRIAL SAFETY, COMPENSATION AND ALSO BY WHAT FURTHER THE GOVERNMENT PROPOSED TO IN FUTURE,

MR YEUNG SAID IN THE NEAR FUTURE, SUBJECT TO THE ADVICE OF LABOUR ADVISORY BOARD, HE INTENDED TO INTRODUCE A MEASURE THAT PROVIDE FOR AN IMMEDIATE INCREASE IN PATD ANNUAL LEAVE FROM 10 DAYS FOR WORKERS WHO HAD RENDERED FIVE YEARS OF SERVICE OR AND FOR A FURTHER INCREASE FROM 10 TO 14 DAYS PHASED OVER A PERIOD.

THE WOULD

SEVEN TO

LONGER, FIVE-YEAR

IN

PAYMENT SCHEME INTRODUCED

THAT

WHO YOUNGER EMPLOYEES FOR ELIGIBILITY UNDER THAT OLDER WORKERS

HE NOTED THAT THE LONG SERVICE 1986 HAD BEEN CRITICISED ON THE GROUNDS HAD COMPLETED THE PERIODS OF SERVICE REQUIRED

BENEFITS SAME OBTAIN THE NOT THE SCHEME DID RECEIVED.

THE

AND

I HAVE BEEN EXAMINING "THE COMMISSIONER FOR LABOUR AND MATTER. WE SEE A CASE FOR BETTER TREATMENT FOR YOUNGER EMPLOYEES, WITH THE BENEFIT OF THE LABOUR ADVISORY BOARD'S COMMISSION THE DRAFTING OF NECESSARY AMENDING LEGISLATION VERY SOON.'

ADVICE I

EXPECT

TO

/MR YEUNG