Thousands of Hong Kong eateries, bars may close due to Covid-19 curbs



ORIGINAL POST
Posted by Ed 3 yrs ago

https://hongkong.asiaxpat.com/Utility/GetImage.ashx?ImageID=cbb76db5-f010-4d7b-9dbf-2f891116a864&refreshStamp=0

HONG KONG (BLOOMBERG) - Thousands of bars and restaurants in Hong Kong will shut as some of the world's toughest Covid-19 restrictions, aimed at taming a record outbreak, deal a heavy blow to the once-vibrant city's economy.
 

About 5,000 restaurants, or almost one-third of Hong Kong's eateries, are considering shutting down for months to cut costs, said Mr Simon Wong, president of the Hong Kong Federation of Restaurants and Related Trades.

More than 1,200 restaurants have already suspended business and 300 have permanently closed, he said. And there are concerns that government stimulus measures will not be enough to stem losses.

https://www.straitstimes.com/asia/se-asia/thousands-of-hong-kong-eateries-bars-may-close-due-to-covid-19-curbs-industry-leaders

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