XN000022-1991-06-13 — Page 8

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THURSDAY, JUNE 13, 1991

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MR WONG SAID THE QUALITY MANAGEMENT CONSULTANCIES AVAILABLE IN HONG KONG PRESENTLY WERE MOSTLY OPERATED COMMERCIALLY.

"IN ADDITION TO THE COSTS ASSOCIATED WITH ADAPTING INTERNAL MANUFACTURING PROCEDURES, THE FEES THAT CLIENT COMPANIES HAVE ΤΟ PAY COULD MAKE THE GOAL OF MOVING TOWARDS THE ISO 9000 STANDARD A REMOTE POSSIBILITY FOR THOSE WITH A TIGHT BUDGET AND SLIM PROFIT MARGIN.

"THEREFORE, A SPECIAL LOW COST CONSULTANCY PROJECT SUCH AS THIS ONE IS TIMELY, AND THE HONG KONG Q-MARK COUNCIL AND THE UNIVERSITY OF HONG KONG SHOULD BE THANKED FOR THEIR EFFORTS, HE SAID.

MR WONG SAID HONG KONG MANUFACTURERS MUST NOT COMPLACENT WITH THEIR PAST AND PRESENT SUCCESS IN LIGHT OF NEW AND DEMANDS INTERNATIONALLY.

REMAIN

TRENDS

**TRAINING AND CONSULTANCY PROGRAMMES ARE A VERY GOOD WAY FOR A COMPANY TO FAMILIARISE ITSELF WITH THESE NEW TRENDS AND DEMANDS IN RELATIVELY SHORT PERIOD OF TIME.

"HONG KONG MANUFACTURERS MUST MAKE GOOD USE OF OPPORTUNITIES LIKE THIS TO FURTHER ENHANCE THE MANUFACTURING SECTOR'S PROFITABILITY AND COMPETITIVENESS," HE SAID.

PRODUCTIVITY,

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

DATE

$ MILLION

CLOSING BALANCE IN THE ACCOUNT ON

12.6.91

380

EFFECT OF FORWARDS TO BE SETTLED ON

13.6.91

+133

EFFECT OF OPERATIONS THIS MORNING

-133

EFFECT OF OPERATIONS THIS AFTERNOON

NEUTRAL

TRADE WEIGHTED INDEX 114.8 *+0.2* 13.6.91

HONG KONG GOVERNMENT EXCHANGE FUND BILLS

CLOSING YIELDS OF EXCHANGE FUND BILLS

12.6.91

13.6.91

MATURING IN 1 WEEK

7.66 PCT

7.64 PCT

1 MONTH

7.51 PCT

7.51 PCT

3 MONTHS

7.43 PCT

7.47 PCT

6 MONTHS

7.42 PUT

7.46 PCT

12 MONTHS

7.43 PCT

7.45 PCT

TOTAL BILLS TRANSFERRED

2,306 MN

1,317 MN

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