South China Morning Post
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Can Hongkong Post be saved or should it become a taxpayer-funded public service?
Hongkong Postโs worsening financial situation may require not only an injection of funds but also a return to being a government-funded department providing basic public services, observers have said. The analystsโ views follow the authoritiesโ plan to inject HK$4.6 billion (US$587 million) as a lifeline to support Hongkong Postโs operations over the next three years, amid similar losses faced by postal operators worldwide. Hongkong Post has operated on a self-funding basis since 1995, following...