The surge in oil prices caused by the Middle East conflict will drive up the cost of plastic products, construction materials and even household goods such as toilet paper in Hong Kong, according to business leaders.
They also warned on Monday that some local exporters and manufacturers faced a cash-flow squeeze as overseas buyers opted for short-term orders amid the uncertainties.
Executive Council member Jeffrey Lam Kin-fung, a former business sector lawmaker, said the tensions in the Middle…
From toys to toilet paper, prices set to rise amid Middle East war, experts say
