With rents as high as HK$21,197 per sq. ft.*, Causeway Bay becomes the second most expensive retail location in the world. Hong Kong's high rental costs have driven out most small and medium-sized restaurant businesses. Regrettably, some long-standing restaurants that had been serving customers for generations closed because of rising rent and increased wages.
The food and beverage industry is constantly introducing new strategies in order to compete in the competitive and challenging marketplace. Recently, ...
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