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Sept 15 (Thomson Reuters Foundation) – A quarter of Hong Kong’s social enterprises could go out of business by the end of the year, according to a new poll, threatening the jobs of hundreds of employees as the coronavirus pandemic takes a heavy toll on the city’s economy. COVID-19 has exacerbated the woes of the…
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This month, the Hong Kong General Chamber of Social Enterprises released a survey underlining the plight of the city’s social enterprises as they struggle with the coronavirus epidemic. The study, conducted in late February, revealed that the average turnover of most of the 214 companies surveyed more than halved in January and February compared with…
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