Coronavirus Latest News

Coronavirus: decline in Hong Kong restaurant takings narrows, amid optimism that easing of social-distancing rules is helping sector’s recovery

The decline in Hong Kong restaurant earnings has narrowed to 8.8 per cent in the first quarter of the year, while there are signs the easing of social-distancing rules since then is accelerating the industry’s recovery from the Covid-19 crisis.Restaurant receipts were HK$19.7 billion (US$2.5 billion) for January to March this year, according to provisional figures released on Thursday by the Census and Statistics Department, compared with HK$21.6 billion in the same period last year, when the…

Read the original article at South China Morning Post

Related Articles

Back to top button