XN000022-1992-05-14 — Page 9

THURSDAY, MAY 14, 1992

COMPETITION,

SHORTAGE OF

IN THE CONSTRUCTION SECTOR, PRICE SKILLED LABOUR AND INSUFFICIENT BUSINESS/CONTRACTS CONTINUED TO BE THE MAJOR PROBLEMS IN THE FIRST QUARTER OF 1992.

SHORTAGE OF SKILLED LABOUR IS EXPECTED TO BECOME BUT THE PROBLEM OF INSUFFICIENT WORK IS LIKELY TO IMPROVE.

MORE ACUTE,

IN

AND

SECTOR, THE DISTRIBUTIVE

CATERING TRADES COMPETITION AND HIGH STAFF COSTS CONTINUED TO BE THE COMMON IN THE FIRST QUARTER OF 1992.

PRICE PROBLEMS

FIRMS IN THE OTHER SERVICES SECTOR ALSO EXPERIENCED PROBLEMS OF PRICE COMPETITION AND HIGH STAFF COSTS IN THE FIRST QUARTER OF 1992.

AS A FURTHERMORE, HIGH STAFF TURNOVER WAS INCREASINGLY CITED

DEVELOPMENT AND MAJOR PROBLEM FACED BY FIRMS ENGAGED IN REAL ESTATE RELATED SERVICES.

OF

ARE

A

KONG

QUICK FROM A

ACCORDING TO THE CENSUS AND STATISTICS DEPARTMENT, RESULTS THE QUARTERLY BUSINESS SURVEY, OBTAINED WITH A MINIMUM TIME LAG,

FOR REFERENCE A SOURCE OF

MAKING INTENDED TO PROVIDE ASSESSMENT OF

CURRENT ECONOMIC SITUATION OF HONG THE SHORT-TERM PERSPECTIVE.

ASKED

ΤΟ

THE OR THE

INDICATE IN THE SURVEY, PARTICIPATING FIRMS WERE

AND WHETHER, IN THEIR OPINION, THE GENERAL BUSINESS SITUATION

'REMAINED THE SAME ' LEVEL OF CAPACITY UTILISATION HAD IMPROVED' :

WITH 'DETERIORATED'

FIRST QUARTER OF 1992 AS PRECEDING QUARTER.

IN

THE

COMPARED

THEY WERE ALSO

'IMPROVE', EXPECTED TO SECOND QUARTER OF 1992.

ASKED TO INDICATE WHETHER

'REMAIN THE SAME' OR

THE SITUATION IS THE 'DETERIORATE' IN

THE OPINIONS OF RESPONDENTS WERE THEN ANALYSED AND THE FINDINGS PUBLISHED IN THE "REPORT ON QUARTERLY BUSINESS SURVEY, QUARTER 1992",

SUMMARY FIRST

MOREOVER, THE SURVEY REPORT CONTAINS A SECTION ON THE BUSINESS PROBLEMS

AND

IN EXPERIENCED

EXPECTED BY FIRMS

DIFFERENT ECONOMIC BY EMPLOYMENT SIZE SECTORS, AND A BREAKDOWN OF THE VIEWS OF FIRMS GROUP,

THE THE DEPARTMENT CAUTIONED THAT, IN A SURVEY OF THIS NATURE,

DIFFICULT TO RESULTS SHOULD BE INTERPRETED WITH CAUTION AS IT IS ESTABLISH PRECISELY THE EXTENT TO WHICH RESPONDENTS' RECOLLECTION OF THE PAST AND PERCEPTION OF THE FUTURE ACCORDS TRENDS.

WITH THE UNDERLYING

REPORT MEMBERS OF THE PUBLIC MAY PURCHASE COPIES OF THE SURVEY

GROUND FLOOR, GENERAL FROM THE GOVERNMENT PUBLICATIONS SALES CENTRE,

SALES POST OFFICE BUILDING, CONNAUGHT PLACE, OR FROM THE PUBLICATIONS

19TH FLOOR, HANCHAI COUNTER OF THE CENSUS AND STATISTICS DEPARTMENT, TOWER I, 12 HARBOUR ROAD, WAN CHAI, AT $9.0 PER COPY.

FURTHER DETAILS OF THE

QUARTERLY

OBTAINED

THE INDUSTRIAL RESEARCH SECTION FROM STATISTICS DEPARTMENT ON TEL 839 3250.

BUSINESS

OF

SURVEY MAY THE CENSUS

BE AND

0

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