Hong Kong authorities will offer a subsidy of HK$0.50 per litre on liquefied petroleum gas (LPG) from this Sunday to July 30 to ease the pressure of soaring fuel prices caused by the Middle East war on local transport companies, which run more than 20,000 vehicles from taxis to minibuses and school buses. A Hong…
Hong Kong’s annual Cheung Chau Bun Festival drew more than 10,000 visitors by noon on Sunday, including tourists who had travelled specially to witness the signature parade featuring “floating” children dressed as Middle Eastern oil moguls and judges. Visitors to the outlying island on Sunday splurged on frozen pineapples, watermelon juice and frozen mango mochi…
Hong Kong bus company boss Martin Lau feels overwhelmed as he attempts every option possible to minimise mounting losses wrought by runaway fuel prices. He has done everything he can think of, from trying to reduce services to doing his own repairs on his fleet of more than 20 coaches. Lau, managing director of ABC…
Hong Kong authorities are facing mounting pressure from lawmakers to roll out more measures to rein in surging fuel prices, including a requirement for firms to disclose pricing formulas when bidding for petrol stations – an idea the environment minister said could be considered. Secretary for Environment and Ecology Tse Chin-wan told the Legislative Council…
Hong Kong customs officers have intercepted more cross-border trucks suspected of smuggling petrol into the city as fuel prices surge amid the war in the Middle East. Commissioner of Customs and Excise Chan Tsz-tat said on Wednesday that some of the vehicles had even enlarged their fuel tanks to carry more petrol for supplying illegal…
Authorities are communicating with local oil companies to monitor how the war in the Middle East is affecting Hong Kong’s fuel market, amid a public backlash over what has been called premature price hikes. Responding to a South China Morning Post inquiry on Tuesday, the Environment and Ecology Bureau also said the government had been…
Hong Kong’s transport sector is considering a temporary fuel surcharge for deliveries as pump prices are expected to climb further this week amid rising Middle East tensions, industry representatives have said. Ringo Lee Yiu-pui, governor and honorary life president of the Hong Kong, China Automobile Association, said on Monday that fuel prices in the city…
Hong Kong authorities have been urged to review the pricing mechanism for local fuel supplies after petrol retailers were accused of swiftly raising prices as conflict erupted in the Middle East, even though the city had not yet exhausted its weeks-long stockpile. Global fuel prices have soared since the US-Israel war with Iran broke out,…
The Hong Kong Science and Technology Parks Corp (HKSTP) has appointed Terry Wong Ping-sau as CEO, refreshing its top spot after nine years to drive the organisation forward amid advances in technology. Wong be replacing Albert Wong Hak-keung on August 1, the company said in a statement on Monday. He will bring 30 years of…
A leading engineer, who spent 20 years working for the global oil giant Shell, has left Britain to take up a position at a Chinese university to lead a team working with the petroleum industry on low-carbon technology. Jing Xudong, who was an adjunct professor at Imperial College London at the time of his departure,…