Hong Kong’s food and beverage sector recorded a 10 per cent year on year drop in business over the Christmas period, an industry leader said, as 1.2 million trips were made through the city’s borders on the first day of the long holiday. But the city’s hospitality sector appeared to fare better, with one hotel…
Hong Kong has started its National Day celebrations with an upbeat message from President Xi Jinping, two visiting PLA warships thrilling onlookers in Victoria Harbour and the restaurant sector betting on a business bump of up to 20 per cent during the extra-long “golden week” holiday. In a speech in Beijing on Tuesday to celebrate…
Hong Kong has started its National Day celebrations with an upbeat message from President Xi Jinping, two visiting PLA warships thrilling onlookers in Victoria Harbour and the restaurant sector betting on a business bump of up to 20 per cent during the extra-long “golden week” holiday. In a speech in Beijing on Tuesday to celebrate…
Vicious cycles are difficult to break. As Hong Kong scrambles to identify and chip away at factors behind a wave of closures in catering and food production, lowering commercial rents may be a logical next step. A recent high-profile victim of the spiral was City’super’s Amazing Food Hall in the upscale Times Square shopping centre…
Hong Kong’s restaurant industry is anticipating a 10 per cent boost in business on Tuesday compared with last year, with an industry leader saying the increased number of more than 3,800 eateries offering discounts to celebrate the city’s handover to Beijing will spur local consumption and help ease the sector’s woes. Simon Wong Ka-wo, president…
Hong Kong businesses, social groups, a major bank and a think tank have jointly set up a platform to devise initiatives to make the city more elderly-friendly through the nurturing of a “silver economy”. The Alliance of Silver Economy Development was launched on Tuesday, with the goal of encouraging collaboration between companies and social organisations….
Hong Kong’s restaurant industry faces a bleak second half of the year as both low-cost and high-end operators succumb to the economic slowdown, sector leaders have warned, putting part of the blame on the trend of residents heading across the border to spend. Industry representatives gave their grim assessment on Sunday, just days after King…
Hong Kong’s restaurant industry faces a bleak second half of the year as both low-cost and high-end operators succumb to the economic slowdown, sector leaders have warned, putting part of the blame on the trend of residents heading across the border to spend. Industry representatives gave their grim assessment on Sunday, just days after King…
Restaurateurs and retailers in Hong Kong reported increased foot traffic and business throughout the first four days of mainland China’s Labour Day “golden week” break compared with last year, but the number of departing locals was still nearly 50 per cent more than incoming visitors. Data from Hong Kong’s Immigration Department also showed that travellers…
Restaurateurs and retailers in Hong Kong reported increased foot traffic and business throughout the first four days of mainland China’s Labour Day “golden week” break compared with last year, but the number of departing locals was still nearly 50 per cent more than incoming visitors. Data from Hong Kong’s Immigration Department also showed that travellers…