Hongkong Post Seeks HK$4.6 Billion Government Bailout Amid Record Losses

Hongkong Post has requested a HK$4.6 billion government bailout from the legislature to support its operations for the next three years and fund the refurbishment of the Air Mail Centre, following record losses.

28 May, 05:21 — 28 May, 05:21

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hk-free-pressMostly Factual89d ago

Hongkong Post seeks HK$4.6 billion gov’t bailout amid record loss

Hongkong Post has applied to the legislature for a HK$4.6 billion government bailout to support its operations in the next three years and to cover the refurbishment of the Air Mail Centre. According to a paper submitted by the Commerce and Economic Development Bureau to the Legislative Council (LegCo) Panel on Economic Development on Wednesday, […]

By Irene Chan

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Hongkong Post Seeks HK$4.6 Billion Government Bailout Amid Record Losses

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Hongkong Post seeks HK$4.6 billion gov’t bailout amid record loss

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