Is the F&B trade oversupplied in HK? 20240815
Lately we often hear how bad the retail scene in HK has become, and indeed a stroll down main thoroughfares around town reveals just how many boarded up vacant shops there are
Lately we often hear how bad the retail scene in HK has become, and indeed a stroll down main thoroughfares around town reveals just how many boarded up vacant shops there are
家有一小的上班族應該對本港於疫情期間航班禁令下外傭短缺的情況記憶猶新,尤其是當時空缺多申請人少的情況下每月工資曾搶高至8000港元以上,實是蔚為奇觀。
Any working couple with kids at home could recall the times when the Philippines flight bans during covid lockdowns caused a sudden shortage in helpers and pushed pay upwards of HK$8k a month for a brief period of time. In response to that symptom, the HKSAR government proposed amendments to the “Code of Practice for Employment Agencies” to reduce the ease of “job hopping” among foreign domestic helpers (FDHs).