Western Harbour Tunnel Fees To Go Up This Weekend
"); jQuery("#212 h3").html("
"); });
2019-05-29 HKT 17:42
Tolls for the privately owned Western Harbour Tunnel will be more expensive from Saturday.
The fee for private cars will increase from HK$70 to HK$75, while taxi charges will go up from HK$65 to HK$70.
But the toll for motorbikes will remain at HK$25.
The company said on Wednesday that it has to put the prices up to pay for its increasing operation costs.
The government recently came up with a plan to subsidise the Western Harbour Tunnel fees, while increasing the charges at the other two harbour crossings.
The aim was to spread traffic out more evenly between the three tunnels.
But the government twice pulled a non-binding Legco motion on the move after legislators made it clear they opposed the idea.
Lawmakers said the public didn't want to see fees going up at the Cross Harbour Tunnel and Eastern Harbour Crossing.
Hong Kong FPS To Enable Small Cross-Border Payments With Mainland China By Mid-2025
The Hong Kong Monetary Authority (HKMA) has announced plans to connect the Hong Kong FPS with mainland China’s Intern... Read more
Asian Financial Forum Kicks Off In Hong Kong With Over 3,600 Attendees Expected
The 18th Asian Financial Forum (AFF) kicked off yesterday (13 January) at the Hong Kong Convention and Exhibition Centr... Read more
HashKey Group Secures In-Principle Approval For VASP License In Dubai
Hong Kong-based HashKey Group announced that its subsidiary, HashKey MENA FZE, has received In-Principle Approval (... Read more
IFAST Expands Offerings With Custodian Role For Private OFCs In Hong Kong
Fintech solutions provider iFAST HK can now act as a custodian for private Open-ended Fund Companies (OFCs). The OFC re... Read more
Hong Kongs Digital Banks Rethink Physical Branches To Improve Customer Experience
Some Hong Kong digital banks are rethinking their strategies and considering physical branches in Hong Kong, according ... Read more
WeLab Bank Hits Breakeven Four Years After Launch
WeLab Bank announced that it achieved breakeven in December 2024, just over four years after its launch. This update fo... Read more