7
THURSDAY, MAY 14, 1992
THE
THEY
LOOKING AHEAD, MANY FIRMS IN THE SECTOR ARE ENCOURAGED BY PROSPECTIVE BUSINESS OPPORTUNITIES FROM THE AIRPORT PROJECT. EXPECT THE GENERAL BUSINESS SITUATION IN THE SECOND QUARTER OF 1992 TO REMAIN AT LEAST THE SAME AS THE FIRST QUARTER.
TRADES
FIRMS IN THE WHOLESALE, RETAIL AND IMPORT/EXPORT EXPERIENCED A SLIGHTLY MORE FAVOURABLE BUSINESS SITUATION IN THE FIRST QUARTER OF 1992 AS COMPARED WITH THE PRECEDING QUARTER.
ON
BUSINESS
THE OTHER HAND, HOTELS REPORTED A LESS FAVOURABLE SITUATION IN THE FIRST QUARTER, WHICH WAS NORMALLY AN OFF-PEAK TOURIST SEASON.
AS FOR RESTAURANTS, AGAINST AN EXPECTATION OF AN IMPROVED BUSINESS SITUATION, THE ACTUAL EXPERIENCE IN THE FIRST QUARTER OF 1992 WAS ONLY SIMILAR TO THAT IN THE PRECEDING QUARTER.
1992,
AND IMPROVE
REGARDING THE BUSINESS OUTLOOK FOR THE SECOND QUARTER OF
RETAIL EXPECTED BY THE CONTINUED IMPROVEMENT IS
WHOLESALE, IMPORT/EXPORT FIRMS. BUSINESS SITUATION FOR HOTELS WILL ALSO AS TOURISM STARTS ITS SEASONAL UPTREND AT THIS TIME OF THE YEAR.
IN
CONTRAST,
RESTAURANTS GENERALLY EXPECT THE BUSINESS
IS SITUATION TO WORSEN IN THE SECOND QUARTER OF 1992, RELATIVELY CALM PERIOD FOR THEIR BUSINESS.
WHICH
A.
SURVEYED
GENERALLY
SITUATION IN
IN THE OTHER SERVICES SECTOR, THE FIRMS EXPERIENCED A MILD IMPROVEMENT IN THE GENERAL BUSINESS THE FIRST QUARTER OF 1992, COMPARED WITH THE PRECEDING QUARTER.
A
DEVELOPMENT
THE
AMONG THEM, BANKS AND FIRMS ENGAGED IN REAL ESTATE AND RELATED SERVICES EXPERIENCED
CONTINUED IMPROVEMENT OVER PAST FEW QUARTERS.
HOWEVER, BANKS
HAD GENERALLY EXPECTED BUSINESS
SITUATION
ΤΟ
REMAIN THE SAME IN THE FIRST QUARTER. THERE WAS ALSO SOME ALLEVIATION RELATIVELY TIGHT IN THE PROBLEMS OF SHORTAGE OF QUALIFIED STAFF AND CREDIT SITUATION DURING THE QUARTER.
ON
THE
OTHER
SITUATION
IN THE IN
BUSINESS HAND, THE GENERAL TRANSPORT, STORAGE AND COMMUNICATION SERVICES WAS LESS FAVOURABLE THE FIRST QUARTER THAN THE PRECEDING QUARTER.
AND
REGARDING THE PROSPECTS FOR THE SECOND QUARTER OF 1992, FIRMS
RELATED ENGAGED IN REAL ESTATE DEVELOPMENT ANTICIPATE A CONTINUED IMPROVEMENT IN THE GENERAL BUSINESS SITUATION.
AND
BANKS SERVICES
FOR THE TRANSPORT,
OVER IMPROVEMENT QUARTER IS EXPECTED.
STORAGE AND
SERVICES, COMMUNICATION THE LESS THAN SATISFACTORY SITUATION IN THE
AN
FIRST
IN THE FIRST QUARTER OF 1992, FIRMS IN THE MANUFACTURING SECTOR GENERALLY ENCOUNTERED THE COMMON PROBLEMS OF HIGH WAGE RATES AND PRICE COMPETITION. THESE PROBLEMS ARE EXPECTED TO CONTINUE INTO THE QUARTER.
SECOND
DURING THE PAST FEW QUARTERS, HIGH WAGE RATES HAD ONE OF THE MOST WIDELY REPORTED PROBLEMS IN THE SECTOR.
EMERGED AS
/IN THE
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