'Restaurants Need New Lifeline To Stay Afloat'

"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1562826_1_20201130190036.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1562826-20201130.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1562826-20201130.htm', 'DCS.dcsqry', '' ); } } }); }); });
2020-11-30 HKT 18:58
Simon Wong talks to Frances Sit
The president of the Federation of Restaurants said the latest social-distancing measures deal a further blow to a trade already battered by Covid-19 and appealed for fresh government financial support to prevent eateries from going out of business and workers from losing their jobs.
Simon Wong said December normally spells brisk business for the trade. But he said measures requiring eateries to close at 10pm and limiting to two the number of people at each table from Wednesday would result in a 60 percent drop in business.
He pointed out that a lot of banquets have been booked for the month, which will now be cancelled.
"If these measures continue for some time, such as for another couple of weeks, a lot of restaurant owners are not able to sustain the business as they have been hurt by the pandemic for already a few months," Wong told RTHK's Frances Sit.
"And then there's no other subsidy which can help the industry to survive.
"The government has the responsibility to help us in this case."
He said the government should step in, having ruled out a third round of the Employment Support Subsidy earlier.
"We're hoping that besides the help of the government, we also look forward to drastic cuts in rents by the landlord," Wong said.
He said 2,300 restaurants were closed in the past month alone and warned that the upward trend would worsen, resulting in more job losses.
And he expects a drop in turnout from HK$11 billion to HK$5 billion for the trade in December because of the latest curbs.
"That would further increase the operating pressure for the restaurant owners, and it would definitely push the unemployment rate to go up."
HashKey Capital Partners With Tiantu AM To Explore Virtual Asset Funds
HashKey Capital has signed a memorandum of strategic collaboration with Tiantu Asset Management (Tiantu AM), a wholly o... Read more
You Can Now Make Alipay Payments With AR Glasses
RayNeo and Ant Group have announced a partnership to develop digital payment solutions for global use. The collaboratio... Read more
JICA Goes Live With Finastras Loan IQ In First Japan Deployment
Finastra has announced that the Japan International Cooperation Agency (JICA) has gone live with its Loan IQ platform. ... Read more
Japan Set To Approve First Yen-Backed Stablecoin
Japan’s Financial Services Agency (FSA) is preparing to approve the issuance of the country’s first yen-backed stab... Read more
Indonesia And China Begin Trials For Cross-Border QRIS Payments
Bank Indonesia (BI) and the People’s Bank of China (PBOC) have begun a series of trials for cross-border QR code paym... Read more
ANZ Appoints Ender Tanar As Japan Country Head
ANZ, headquartered in Melbourne, Australia, announced the appointment of Ender Tanar as Country Head for Japan, reporti... Read more