Hong Kong’s social enterprises struggle to survive amid Covid-19
For-profit companies that do social good, many working with disabled people, say they may be out of business by the end of 2020
15 September 2020 - 15:11
Kuala Lumpur — 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 roughly 600 social enterprises that operate in Hong Kong, which have been suffering a sharp slump in business and consumer sentiment since last year due to huge anti-government street protests...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.