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US dollar50.69EGPEuro57.90EGPBritish pound67.53EGPSaudi riyal13.52EGPUAE dirham13.80EGPKuwaiti dinar163.49EGPJordanian dinar71.50EGPQatari riyal13.93EGPTurkish lira1.07EGPChinese yuan7.48EGPGold 246,612.72EGP/gGold 215,786.13EGP/gGold 184,959.54EGP/gSilver93.89EGP/g

World

Stamp of approval sought on HK$4.6 billion lifeline for struggling Hongkong Post

By South China Morning Post · May 27, 2026 · 1 min read South China Morning Post ↗

Stamp of approval sought on HK$4.6 billion lifeline for struggling Hongkong Post

Hong Kong authorities are seeking to inject HK$4.6 billion (US$587 million) into the government-owned postal service provider to sustain its operations for the next three years, following eight years of losses and declining mail volume.
A document submitted to the Legislative Council on Wednesday by the Commerce and Economic Development Bureau showed a bruising fiscal trajectory for the Post Office Trading Fund (POTF) of Hongkong Post since 2017-18.
Self-financing since 1995, Hongkong Post has…

المصدر: South China Morning Post

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