Hong Kong government must guard against exploitation of diesel subsidy, experts warn

    Hong Kong government must guard against exploitation of diesel subsidy, experts warn

    The Hong Kong government must ensure its massive HK$1.8 billion (US$229.8 million) subsidy for diesel to mitigate record-high oil prices for the transport sector is not exploited by fuel companies through discount manipulations, an industry leader and a lawmaker have cautioned. Their warnings came shortly after authorities announced a two-month, HK$3-per-litre (38 US cents) diesel…

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    Hong Kong authorities considering options for fourth harbour crossing

      Hong Kong authorities considering options for fourth harbour crossing

      Hong Kong authorities are looking beyond a shelved reclamation project near Lantau Island and are considering options for a fourth cross-harbour tunnel, with lawmakers describing such a facility as essential to ease persistent congestion and aid the city’s further development. In a 124-page transport strategy blueprint released last week, the Transport Department said it expected…

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