Commuters wait on the platform as a train of MTR Corp arrives at Kowloon Tong station in Hong Kong, Feb 22, 2024. (SHAMIM ASHRAF / CHINA DAILY) HONG KONG – MTR Corp – Hong Kong’s sole rail operator – has raised 3 billion euro ($3.5 billion) through its first euro-denominated public green bond issuance. The…
Hong Kong’s MTR Corporation will launch a large-scale railway exhibition at Hung Hom Station on May 16, featuring four retired trains and a new immersive train driving simulator. The rail giant said on Saturday that the exhibition, titled “Station Rail Voyage: Explorer”, would feature an expanded layout with a refreshed look. “The exhibition retains four…
The MTR Corporation has sold HK$18.8 billion (US$2.4 billion) in green bonds, the largest and the company’s first public bond issuance in the Hong Kong dollar market, in its latest efforts to diversify funding sources for a string of projects. The rail giant said on Wednesday that it sold five-year, 10-year and 30-year bonds, with…
The deployment of mainland China-made rail equipment and technologies by Hong Kong’s MTR Corporation can provide a “showcase” for their applications overseas, a top representative of manufacturing giant CRRC has said. Jin Guozhong, chief engineer of the CRRC Qishuyan Institute, the Chinese state-owned manufacturer’s research and development centre in Changzhou, said on Friday there was…
Hong Kong’s rail giant has announced it will keep fares unchanged for the coming year after an annual review, marking the second year without any increase. “The corporation will continue to offer ongoing fare concessions, covering the elderly, children, eligible students and persons with disabilities … benefiting more than 600 million passenger trips,” the MTR…
Some trains were misaligned with the platform screen doors on the MTR’s Tsuen Wan line on the first day a new signalling system in Hong Kong was implemented, but such teething problems were rare in a launch that went largely according to plan. The MTR Corporation said on Sunday overall operations had been “smooth” following…
A union representing employees of Hong Kong’s rail operator, the MTR Corporation, has expressed disappointment with the firm’s refusal to consider their calls for improved benefits, saying the pay rise of up to 3.84 per cent for most staff is “slightly below demands”. The MTR Corp announced pay increases on Friday ranging from 1.6 to…
Hong Kong’s MTR Corporation will begin operating its long-awaited new signalling system on the Tsuen Wan line on March 15, marking a critical milestone in a major infrastructure overhaul designed to enhance the reliability of the city’s ageing rail network. The rail giant said on Tuesday that the new system had passed rigorous safety tests…
About 11.38 million Hong Kong residents and visitors are expected to travel through the city’s border crossings during the Lunar New Year holiday, marking a projected 16 per cent rise from last year. The Immigration Department released the 10-day estimate, covering the period from the 27th day of the last month of the Lunar calendar…
Hong Kong homebuyers continued to show strong demand for new residential launches over the weekend, potentially pushing primary market transactions to a five-month high, according to agents. By 3.30pm on Saturday, about two-thirds of the 108 units released at Park Seasons – a Lohas Park project in Tseung Kwan O developed by Wheelock Properties and…