Hong Kong’s HK$2 fare scheme for elderly residents should be adjusted by offering those aged 60 to 65 only limited usage, a top government adviser has said, while the city’s finance chief has described the concession as “unfeasible” in the long run. Lam Ching-choi, a member of the city’s top advisory body the Executive Council,…
With the slow pace of economic recovery still weighing heavily on society, adjustments in public utility charges may yet be another burden for the public if they are not carefully taken into consideration. Officials should always ensure increases are reasonable and justified. Passengers are set to dig deeper into their pockets after three local bus…
Three Hong Kong franchised bus companies have applied to increase fares by between 6.5 and 9.5 per cent, despite two of them reporting profits in the last financial year. KMB and New Lantao Bus both applied to raise fares by 6.5 per cent, while Citybus was seeking an increase of nearly 9.5 per cent for…
Hong Kong’s leader has warned that the United States will ultimately “reap what it sows” with its plan to clamp down on outbound investment in China’s semiconductor, quantum technology and artificial intelligence industries. Chief Executive John Lee Ka-chiu also said on Tuesday that the move by Washington was not only harmful to others but also…