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Hong Kong Businesses Shut Shop as City Struggles to Revive Post Pandemic

'Don't exaggerate': Hong Kong's leader urges calm amid string of business closures, saying operators come and go during transition

Concerns raised after two cinemas shut in about a week, with some residents flagging ‘wave of shop closures’ given empty stores on the streets.

Hong Kong businesses shut shop as city struggles to revive post pandemic

When Jacky Yu, 48, opened his Japanese gift shop in Hong Kong more than a decade ago, the tourist and shopping district of Mong Kok was a bustling hub packed with stalls, street food and tourists. . -April 30, 2024 at 04:20 am EDT - MarketScreener

Contrasting views on weather impact for upcoming Labour Day pyrotechnic show

Tour guides said the unstable weather would not significantly impact the upcoming Labour Day Golden Week holidays while catering representat.

Hong Kong business sector, lawmakers hail minimum wage formula, but economist warns over risks of potential price spiral

Proponents say formula provides ‘objective data’ in determining wage levels, but one economist has warned the measure could trap the city in a wage-price spiral.