XN000022-1992-08-14 — Page 5

FRIDAY, AUGUST 14, 1992

CHRISTMAS.

"I AM THE GOVERNOR OF HONG KONG, I AM NOT FATHER WHAT I CAN DO IS TO GO ON BEING AS OPEN WITH PEOPLE AS POSSIBLE. WHAT I CAN AND WILL DO IS TO GO ON TELLING PEOPLE WHAT I BELIEVE TO BE THE TRUTH.

M

HE SAID WHAT HE WOULD BE DOING WHEN MAKING HIS POLICY ADDRESS TO THE LEGISLATIVE COUNCIL IN OCTOBER WAS SETTING OUT WHERE HE THOUGHT HONG KONG SHOULD BE GOING ON ECONOMIC, SOCIAL AND POLITICAL MATTERS FOR THE NEXT FIVE YEARS.

"AND

WHAT I WANT TO DEMONSTRATE TO PEOPLE IS THAT I DO WHAT I SAY, THAT SEEMS TO ME TO BE WHAT'S IMPORTANT, MR PATTEN SAID.

LONG

||

ANY POLITICAL LEADER SHOULD RECOGNISE THAT POLITICS WAS ABOUT A AGENDA OF VERY DIFFICULT AND TOUGH CHOICES, HE SAID.

"AND YOU CAN'T ALWAYS DO WHAT IS POPULAR IN THE SHORT TERM, WHAT YOU HAVE TO DO IS WHAT YOU BELIEVE IS RIGHT, HE ADDED.

INSPECTOR APPOINTED UNDER COMPANIES ORDINANCE

AFTERNOON THAT THE A GOVERNMENT SPOKESMAN SAID THIS (FRIDAY)

CONFERRED ON HIM BY FINANCIAL SECRETARY, IN EXERCISE OF THE POWERS

OF THE

HAS SECTION 143(1) (C)

COMPANIES ORDINANCE (CHAPTER 32),

AS LYBRAND

INSPECTOR ΤΟ APPOINTED MR NICHOLAS ALLEN OF COOPERS AND

GROUP INVESTIGATE THE AFFAIRS OF ALLIED

LIMITED, ALLIED PROPERTIES (HK) LIMITED, CRUSADER HOLDINGS LIMITED, PARAGON HOLDINGS LIMITED WAI YICK LIMITED.

AND

UNEMPLOYMENT AND UNDEREMPLOYMENT STATISTICS FOR APRIL

-

JUNE

APRIL

THE SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR THE PERIOD - JUNE 1992 WAS 2.3%, AND THE UNDEREMPLOYMENT RATE WAS 2.2%, ACCORDING TO THE LATEST LABOUR FORCE STATISTICS RELEASED TODAY (FRIDAY) CENSUS AND STATISTICS DEPARTMENT.

BY

THE

THE

THE PROVISIONAL SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR PERIOD MAY JULY 1992 WAS 2.1%, WHILE THE PROVISIONAL UNDEREMPLOYMENT RATE WAS 2.2%.

RATE

MARKET MAY HAVE THE LATEST FIGURES SUGGEST THAT THE LABOUR TIGHTENED UP AGAIN IN RECENT MONTHS, GIVEN THAT THE UNEMPLOYMENT HAS EDGED DOWN FURTHER.

MEANWHILE, THE

STABLE.

UNDEREMPLOYMENT RATE HAS

REMAINED

GENERALLY

/DURING THE