Protesters Slam MTR Over Planned Fare Hike

"); jQuery("#212 h3").html("

"); });
2018-04-01 HKT 16:07
Around 30 people picketed the MTR's Tai Wai station on Sunday in protest against the railway operator's decision to hike fares by more than three percent in June.
Activists from the League of Social Democrats and the Labour Party posted stickers on walls and signs around the station, and handed out pamphlets.
They also called for an end to the fare adjustment mechanism, saying it allows the company to raise fares even though it made HK$16.8 billion profit last year.
Labour Party chairman Steven Kwok says the government - as the company's biggest shareholder - has a responsibility to ensure public transport is affordable.
He said the budget surplus showed that the government had the resources to buy back the MTR.
"If the government owned the MTR, this situation would not happen," Kwok said.
Payoneer Completes Easylink Payment Acquisition, To Expand In China
Payoneer, a fintech company offering online money transfers and digital payment services, announced on 9 April 2024 tha... Read more
Adobe And Antom Partner To Enhance Digital Creativity Payments In Asia
Adobe and Antom, a provider of merchant payment and digitisation solutions under Ant International, announced a new col... Read more
HKMA Steps Up Against Digital Scams With Fresh Safeguards
The Hong Kong Monetary Authority (HKMA) announced “E-Banking Security ABC,” a series of new anti-digital fra... Read more
Staking-Enabled Bosera HashKey Ether ETF To Launch By End-April
Bosera International and HashKey Capital Limited announced the launch of the Bosera HashKey Virtual Asset Ether ETF on ... Read more
XTransfer Showcases Cross-Border Payment Solutions At AsiaWorld-Expo
XTransfer participated in the Global Sources Consumer Electronics Show 2025 at AsiaWorld-Expo on April 11, 2025, to pre... Read more
Bain Capital Aims To Raise US$9 Billion For New Asia Funds
Bain Capital is aiming to raise billions of US dollars for its upcoming Asia fund and a special situations fund in the... Read more