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Hong Kong to keep ‘open mind’ on options for struggling postal service

Hong Kong to keep ‘open mind’ on options for struggling postal service
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Hong Kong authorities have vowed to develop a long-term road map for the city’s struggling self-financing postal operator and keep an “open-mind” 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 Council’s economic development panel meeting on Tuesday, saying the proposed HK$4.6 billion (US$587 million) cash injection to Hongkong Post was intended...

Hong Kong authorities have vowed to develop a long-term road map for the city’s struggling self-financing postal operator and keep an “open-mind” 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 Council’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...
Hong Kong (LOCATION) Commerce and Economic Development (ORG) Bernard Chan Pak-li (PERSON) the Legislative Council’s (ORG) Hongkong Post (ORG)
Originally published by South China Morning Post Read original →