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Death of Hongkong Post? Mounting losses, dwindling demand cast shadow over service
Government has proposed HK$4.6 billion lifeline for operator after years of losses amid changing business environment.
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Timeline cronologica
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Stamp of approval sought on HK$4.6 billion lifeline for struggling Hongkong Post
Government-owned postal service provider has recorded eight consecutive annual deficits, accumulating nearly HK$2.9 billion in losses.
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Death of Hongkong Post? Mounting losses, dwindling demand cast shadow over service
Government has proposed HK$4.6 billion lifeline for operator after years of losses amid changing business environment.
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Can Hongkong Post be saved or should it become a taxpayer-funded public service?
Observers say HK$4.6 billion rescue plan only buys time as officials must decide whether basic public services should override push for profit.