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 tough retail environment has claimed another victim, with a Michelin-designated restaurant announcing its closure after a decade of serving nasi lemak, bak kut teh and chilli pan mee in North Point. Ancient Moon, which serves Singaporean and Malaysian food on Kam Ping Street in the eastern part of Hong Kong Island, said its…
Hong Kong’s tough retail environment has claimed another victim, with a Michelin-designated restaurant announcing its closure after a decade of serving nasi lemak, bak kut teh and chilli pan mee in North Point. Ancient Moon, which serves Singaporean and Malaysian food on Kam Ping Street in the eastern part of Hong Kong Island, said its…
閱讀中文版本 The unions said the group has only settled the outstanding salaries for May to June for affected employees, while other entitlements remain unaddressed. Hong Kong restaurant chain King Parrot Group, which has been in operation for 33 years, is suspected of closing down. According to a Facebook post by the Hotels, Food and Beverage…
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…
The 33-year-old King Parrot Group, a well-known name in Hong Kong’s restaurant industry, shut nine eateries on Friday, owing more than 100 staff over HK$1 million (US$127,440), according to a union. The group, which ran more than 20 restaurants at its peak, informed staff of its decision to close the nine outlets with immediate effect…