Taxi Trade Submits Bid For HK$6 Fare Increase
"); jQuery("#212 h3").html("
![Related News Programmes Related News Programmes](https://newsstatic.rthk.hk/frontend_images/images/headers/sub-headers/related_news_programe.png)
"); });
2022-11-25 HKT 12:55
The Hong Kong Taxi and Public Light Bus Association on Friday submitted an application to the Transport Department for a HK$6 increase in the flag fall for urban taxis, to HK$33.
The head of the association, Chow Kwok-keung, said he hopes the increase can take effect next year or be put in place in two phases in the next two years.
He said the proposal is supported by close to 20 taxi groups and urged the government to approve the application as soon as possible.
"It took five years for our last fare increase to be approved. As we have only raised fares by eleven percent in five years, it is seriously lagging behind inflation," he said.
"Fuel prices have been rising, people's salaries are increasing. Therefore, to retain drivers, their income should increase too - or there would be fewer and fewer taxi drivers in the city. If the situation worsens, it might be difficult for citizens to find a taxi one day. "
The last taxi fare increase was in July.
PantherTrade And YAX Secure Hong Kongs First Crypto Licences Of 2025
Securities and Futures Commission (SFC) granted operational Hong Kong crypto licences to two cryptocurrency trading pla... Read more
Digital Payments In Hong Kong Soars But Bank Transfers Lead The Growth In 2024
Digital payments in Hong Kong grew significantly. In 2024, the use of digital payments for online transactions rose 9 p... Read more
Nuvei Acquires Paywiser In Japan To Power Next Ecommerce Growth Wave
Nuvei acquired Paywiser Japan Limited and its license from the Japanese Ministry of Economy, Trade, and Industry on 27 ... Read more
Fraud Prevention Strategies For 2025 To Combat Emerging Digital Threats
In 2025, fraud prevention strategies are non-negotiable. It’s a battle for trust. With cybercrime evolving at breakne... Read more
Alipay Tap! Expands To Macao, Now Accepted At Over 1,000 Merchants
Alipay Tap! in Macao was recently launched, enabling Alipay and Macau Pass to expand their partnership to bring it to m... Read more
ESG Fintech Startups Took The Spotlight At The Asian Financial Forum
Environmental, Social, and Governance (ESG) considerations have become central to global economic discussions and remai... Read more