Midland Liquidators is on the Langley Bypass on the Surrey-Langley border and was also given a shut down order on April 13, and Lago Marketing, a clothing company in the Carvolth area, was given a closure order on April 12. “Unfortunately, due to COVID, we’ll be closed for 10 da...
He said COVID-19 disrupted the entire global supply chain when many countries imposed restrictions on their trade activities. However, the businesses were operational in China due to its effective anti-pandemic measures which helped address the international demand to a significant extent. Shaukat said...
Many had to shut their doors due to thecoronavirus pandemic. While some may never reopen, others are ramping up their business — and hoping they don't have to shut down again. Retail and wholesale bakeryOvenlyhad to temporarily shutter its operations for seven weeks when the crisis hit, lay...
The President of the Labasa Chamber of Commerce and Industry, Satish Kumar says more than 10 businesses in Labasa Town have closed down due to COVID-19. They include small retail shops, second-hand clothing shops, and salons. Kumar says close to 100 staff were laid off d...
Sithole said, "The report further shows that 42.2 percent of respondents indicated that they are not confident that they have the financial resources to continue operating through the COVID-19 outbreak. When asked how long business can continue without turnover, about 54 percent of respondents ind...
Shanghai began a staged resumption of business activity as of 16 May. In addition, the city’sCovid-19prevention and control office has issued guidelines for the resumption of work and production and for epidemic prevention and control in financial institutions, giving priority to the reopening of...
"The biggest fear if there is another Covid wave, is it will reshape the restaurant industry forever," Hightower said. "That's why the funding is vitally important — to set the stage for the future of the industry, to come out stronger and utilize everything we've learned in the past...
Many small businesses have closed as a result of the COVID-19 crisis. In this McKinsey Live webinar, partner Deepa Mahajan discusses innovations and support mechanisms that could help keep more small companies in business.
A survey of 300 businesses in Braddon has revealed that more than half face the prospect of closure before the end of the year if another lockdown were to occur due to the COVID-19 pandemic. The survey also found that68 per cent of businesses experienced revenue loss during restrictions...