Already reeling before the announcement of a nationwide lockdown some hospitality businesses are now worried about their long-term viability. Now in liquidation are the three linked companies behind restaurants Sister Kong Bao Bao and Sister Kong Beer and Dumplings, both in Victoria St, and Salut! The couple launched Sister Kong in 2017 as a Hong Kong-inspired restaurant, then added their second on the street in March this year. opened late last year as part of The Welder hospitality and retail complex owned by developers Box 112. Economist Cameron Bagries, of Bagrie Economics, said without cash coming in, smaller businesses especially would be failing even at level 3 or 2.

Source: Stuff April 29, 2020 16:52 UTC