Coronavirus Latest News

Omicron coronavirus: Hong Kong’s new social-distancing restrictions leave businesses, residents counting the financial and emotional costs

Hong Kong’s pandemic-stricken industries have ramped up their appeals for financial compensation or fresh subsidies following the government’s sudden revival of strict social-distancing rules, as businesses warn that losses over the next fortnight could exceed HK$11 billion (US$1.4 billion).A hotel industry leader predicted a wave of restaurant closures and spiralling unemployment flowing from the two weeks of drastic restrictions taking effect on Friday and accused the government of…

Read the original article at South China Morning Post

Related Articles

Back to top button