Thousands Of Restaurants Facing Closure: Allan Zeman
"); 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_1540266_1_20200728091121.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/k2/1540266-20200728.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1540266-20200728.htm', 'DCS.dcsqry', '' ); } } }); }); });
2020-07-28 HKT 09:11
The chairman of the Lan Kwai Fong Group on Tuesday said thousands of restaurants could close if the government's ban on dining-in continues for more than three weeks.
After reporting 145 new coronavirus cases on Monday, the government announced its strictest measures yet, which include restaurants only serving takeaways, the wearing of face masks both indoors and outdoors, and banning public gatherings of more than two people.
Allan Zeman said 10 percent of the bars and restaurants in the Lan Kwai Fong area have already closed down amid the pandemic.
On Monday, Simon Wong, the president of the Federation of Restaurants, said the measures announced by government – including the total ban on dining-in – are the toughest restrictions the trade has ever encountered.
He told RTHK that the industry would lose HK$5 billion in turnover as a result, and also warned of a fresh wave of restaurant closures should the situation fail to improve soon.
HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens
The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more
Tazapay Secures Money Service Operator License In Hong Kong
Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more
Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%
Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more
FWD Group Reports US$720M In New Business Sales As Expansion Continues
FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more
WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability
WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more
Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea
Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more
