Hong Kong business confidence hits 2-year high, survey finds

    Hong Kong business confidence hits 2-year high, survey finds

    Business confidence in Hong Kong has reached its highest level in two years, with more than half the companies polled by the American Chamber of Commerce in the city expressing optimism about their outlook for 2026, noting that geopolitical tensions had largely stabilised. However, the chamber’s survey also found that 43 per cent of respondents…

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    Why are Hong Kong fast-food giants Cafe de Coral, Fairwood suffering in downturn?

    Why are Hong Kong fast-food giants Cafe de Coral, Fairwood suffering in downturn?

    Two of Hong Kong’s largest fast-food chains, Cafe de Coral and Fairwood, both suffered a near 30 per cent drop in profits last year, with experts attributing their struggles during the economic downturn to ageing diners and intense competition from delivery platforms. The two companies were considered resilient players during previous downturns caused by global…

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