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  • Nov 23, 2014
  • Updated: 12:14am

Amy Chew

Eateries see fall in volume

RESTAURANTS performed dismally last year, recording a four per cent fall in the volume of receipts over 1993 to a total of $50.1 billion.

Tuesday, 28 March, 1995, 12:00am

Retail growth slackens

RETAILERS blame static growth in sales in the first two months of the year on seasonal factors and consumer caution brought on by uncertainty over the territory's economy.

The cooler weather in January and February helped lift sales of winter clothing, but overall growth was static.

24 Mar 1995 - 12:00am

Exports jump by 10pc

THE volume of Hong Kong exports grew 10 per cent in 1994, according to official figures.

The volume of re-exports slowed to a growth rate of 14 per cent, while domestic exports declined 2.3 per cent.

Domestic exports have been improving, with a reversal of a declining trend in the second half of 1994.

10 Mar 1995 - 12:00am

Export growth up 11pc

HONG KONG'S exports increased 11 per cent in volume for the first 10 months of 1994 over the same period in 1993 and re-exports grew 14 per cent, in line with market's expectations.

Official figures show raw materials and semi-manufactured re-exports rose 21.4 per cent in volume during the same period, with foodstuff up 18.1 per cent.

10 Jan 1995 - 12:00am

Actions against pirates backed

AUTHORITIES In Guangzhou and Xiamen are encouraging the prosecution of violators of intellectual property rights (IPR), says a foreign lawyer.

Partner in Lovell, White and Durrant, Stephen Hayward, who assisted in raids on factories producing fake designer goods, said the authorities encouraged him to bring the case to court and seek damages.

6 Jan 1995 - 12:00am

I hope we've got the balance just right - Patten

EFFORTS to curb soaring property prices would attempt to avoid destabilising the market, Governor Chris Patten said yesterday.

While declining to specify what measures would be taken, he said: ''I mentioned that what we have to do is to get right a rather difficult balance.

7 Jun 1994 - 12:00am

Capital goods imports climb 22pc

IMPORTS of capital goods surged 22 per cent in volume in January over the same period last year with notable increases for office machines and electrical machinery.

However, the import of textile machinery and construction machinery declined, suggesting a slowdown in the two sectors.

13 Apr 1994 - 12:00am

Small rise in tourist traffic

THE number of visitors to Hong Kong in February rose a marginal 0.7 per cent to 587,467, mainly because Chinese New Year fell in that month.

Chinese New Year traditionally sees a slowdown in the number of arrivals as business activity comes to a halt in the territory.

12 Apr 1994 - 12:00am

'Hawking' curb vital for investor protection

THE proposed restriction on ''hawking'' foreign exchange services under the Leveraged Foreign Exchange Trading Bill constitutes a ''permissible restriction'', a Legislative Council debate on the bill heard yesterday.

According to the Government, the restriction imposed on hawking, or cold-calling, was necessary to protect the public.

30 Mar 1994 - 12:00am

Haw Par Brothers sees 41pc increase

HAW Par Brothers International has reported a 41 per cent increase in after-tax profits to S$28.7 million (about HK$139.77 million) for the year ended December 31.

Turnover rose eight per cent to $360.25 million, while operating profits jumped 20 per cent to $33.16 million.

Share of associate companies rose 73 per cent to $6.17 million.

24 Mar 1994 - 12:00am

Bright year-end results fail to lift depressed counters

HOTEL stocks continued to suffer from the decline in the Hang Seng index, fuelled by heavy futures selling, which fell through the 9,000 mark yesterday to 8,667.03.

Good earnings results from large corporations as well as hotel companies failed to lift or support the index.

22 Mar 1994 - 12:00am

Trade by land, air and sea increases

HONG KONG'S external trade by sea totalled $1,040 billion in 1993, an increase of 8.7 per cent over 1992, according to figures released by the Census and Statistics Department yesterday.

25 Feb 1994 - 12:00am

Government projects give lift to construction sector

THE construction sector recovered last year despite uncertainties over the airport project as the number of public works approved by the Government rose.

The gross value of construction work by main contractors in the third quarter of the year, at $19.2 billion, was 13.2 per cent higher than a year earlier.

21 Jan 1994 - 12:00am

Industry orders down 2pc

THE volume of orders for Hong Kong's 200 largest manufacturers fell two per cent in November last year compared with November 1992.

Peregrine Brokerage senior economist Vincent Chan said the decrease was in line with the decline in the territory's domestic exports.

19 Jan 1994 - 12:00am

Sluggish growth in October retail sales

RETAIL sales continued to struggle to post minimal growth in October last year, according to provisional figures released yesterday by the Census and Statistics Department.

Total retail sales in October totalled $15.3 billion, virtually unchanged on September's $15.26 billion.

5 Jan 1994 - 12:00am

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