Labour Party's Kwok Wants Govt To Buy Back MTR
"); jQuery("#212 h3").html("
"); });
2018-02-25 HKT 16:39
Share this story
Labour Party Chairman Steven Kwok says the government should not give cash handouts to all local residents in the upcoming budget.
He said the fiscal surplus could be better spent on projects that address the SAR's social problems and will benefit people in the long term - such as buying back the MTR Corporation.
Kwok said the public is continually disappointed to see ticket prices on the MTR going up, despite the fact that the rail company makes a profit every year.
He said that buying back the railway would bring long-term benefits to the people of Hong Kong in the form of lower fares on the MTR.
AI, Fintech, And Sustainability Take Center Stage At Asian Financial Forum 2025
Hong Kong is set to host the 18th Asian Financial Forum (AFF) on 13 and 14 January 2025, marking the region’s first m... Read more
Metal Cards: Transforming Asia Pacifics Payments Landscape, And Redefining Customer Acquisition And Retention
While European, American and Chinese markets have largely found their digital banking champions in Revolut, Chime, and ... Read more
HKEX Launches Fund Repository To Enhance Transparency
Hong Kong Exchanges and Clearing Limited (HKEX) announced on 13 December 2024 the launch of a Fund Repository on its In... Read more
WeLab Bank Disburses HK$61 Million In Subsidies For Hong Kong Students
WeLab Bank has facilitated the disbursement of HK$61.56 million in subsidies through the H.S. Chau Foundation’s “De... Read more
Hong Kong Unveils Roadmap For ESG Reporting And Green Finance Leadership
The Hong Kong government launched its sustainability disclosure roadmap on 10 December 2024, marking a signi... Read more
Will Hong Kongs Crypto Regulations Shape The Future Of Web 3.0?
Hong Kong Web 3.0 is emerging as a global powerhouse. With its strategic efforts to regulate stablecoins, pilot the e-H... Read more