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World News by Wild Rose

#postal operator ร—

Hong Kong to keep โ€˜open mindโ€™ on options for struggling postal service

Hong Kong authorities have vowed to develop a long-term road map for the cityโ€™s struggling self-financing postal operator and keep an โ€œopen-mindโ€ on all options, including privatisation or turning it into a traditional department. Acting Secretary for Commerce and Economic Development Bernard Chan Pak-li revealed the move at the Legislative Councilโ€™s economic development panel meeting on Tuesday, saying the proposed HK$4.6 billion (US$587 million) cash injection to Hongkong Post was intended to...