POLITICSSCMP CHINA
No cap on HK$2 transport scheme trips as costs outweigh savings: Hong Kong minister
Hong Kong authorities will not impose a monthly cap on subsidised transport trips for elderly and disabled people under a revamped fare scheme, citing implementation costs exceeding savings. Data revealed that only about 450 individuals out of 2.7 million eligible participants took over 240 trips monthly between May 2022 and April 2023.
Related Signal
Adjacent reporting
- Airlines reduce, cap fares for Spirit travelers looking to rebook canceled flights
- Ride-hailing cap of 10,000 ‘prudent’ start for Hong Kong, transport minister says
- Uber says Hong Kong ride-hailing cap ‘unusual’, insists it is here to stay
- Fair Fares: IBO reports show expanding transit discount program would be cheaper than fare-free buses, but reach fewer riders
- Is that it? Rachel Reeves cuts VAT on trips to Legoland to help with 'Trumpflation' shock - but DROPS 'Soviet' shopping price cap plan and no energy bills help
- STAT+: Maryland state affordability board places a price cap on Ozempic