public transport subsidy scheme – Charm

Editorial | Delay to revised Hong Kong fares scheme a setback for city with AI ambitions

Cs news5 months ago03 mins

Amid the flurry of measures announced in the budget by Financial Secretary Paul Chan Mo-po it was good to see the pledge to transform Hong Kong into a hub for international exchange and cooperation for artificial intelligence (AI). The plan to leverage technology to create a new economic driver would come with HK$1 billion (US$128.6…

Why does Hong Kong need 18 months to revise HK$2 public transport scheme?

Cs news5 months ago02 mins

A Hong Kong public transport subsidy scheme will only start charging elderly and passengers with disabilities 20 per cent for more expensive routes from September of next year, with authorities blaming stored-value card company Octopus for the delay, the Post has learned. The HK$2 (US$0.26) concession scheme is being revised as part of spending cuts…