Protests take toll on some Singapore businesses in Hong Kong

Ya Kun among those to have seen disruptions; others like OCBC have largely continued as normal

Ya Kun's outlet in Hong Kong's Admiralty financial district on its opening day in June. Sales at the outlet have been below expectations, says Ya Kun executive chairman Adrin Loi, but business is still holding up during the week, thanks to the Admira
Ya Kun's outlet in Hong Kong's Admiralty financial district on its opening day in June. Sales at the outlet have been below expectations, says Ya Kun executive chairman Adrin Loi, but business is still holding up during the week, thanks to the Admiralty office crowd. PHOTO: YA KUN INTERNATIONAL
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In the middle of June, when the protests in Hong Kong were in full swing, home-grown coffee and toast chain Ya Kun International opened its second company-owned outlet in the island's Admiralty financial district, where many protests have taken place.

"We had no choice. We had to open on June 14 because that was when our three-year rental contract kicked off. We didn't expect the protests to drag on for so long," executive chairman Adrin Loi told The Straits Times.

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A version of this article appeared in the print edition of The Straits Times on September 04, 2019, with the headline Protests take toll on some Singapore businesses in Hong Kong. Subscribe