One fears that there will be many more headlines like this recent one from the SCMP, as more businesses go broke as a result of the Corona virus pandemic. It seems that many previously viable businesses will not survive the virus and associated lockdowns.
An established kindergarten and nursery group in Hong Kong that was struggling financially has closed without warning, leaving parents and teachers tens of thousands of dollars out of pocket.
Alison’s Letterland International Kindergarten, and Baby Buddies International Playgroup and Nursery, which were founded in Hong Kong in 1996 and 1997 respectively, and taught children aged three months to six, folded on March 26.
The two businesses were the latest education institutions in the city to be impacted by the coronavirus pandemic.
It is difficult to predict who exactly will survive this crisis.
Photo / Image Credit :
"Houlton Elementary 03" by Maine Department of Education - (CC BY-SA 2.0)
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