The following is issued on behalf of the Transport Advisory Committee: The Transport Advisory Committee (TAC) was briefed today (December 17) by the Government on the proposed mandatory installation of camera systems in… read more
The following is issued on behalf of the Transport Advisory Committee:
In response to the Chief Executive in Council’s decision to approve fare increase applications from three franchised bus operators today (December 17), the Chairman of the Transport Advisory Committee (TAC), Professor Stephen Cheung, said the TAC appreciated that the Government has handled the fare increase applications from franchised bus operators in a prudent manner as it has always been, taking into account a basket of factors before arriving at the decision.
Professor Cheung said, “The TAC acknowledges that timely implementation of fare increases at suitable rates is needed for franchised bus operators to maintain adequate financial resources, not only to continue to deliver safe, efficient, and reliable bus services, but also to maintain their professional and high-quality workforce by improving remuneration packages, as well as to make necessary investments to enhance their services to ensure that franchised bus services could stay in tune with the latest societal and economic needs, and complement the long-term development of Hong Kong.
“In respect of this round of fare increase, the TAC notices that the Government has exercised its gatekeeper role, reducing the rates of increase of the two major franchises by a certain extent. The TAC agrees that the Government has endeavoured to strike a balance between minimising the impact on people’s livelihood and maintaining reasonable financial capability of franchised bus operators for continuous investments. The TAC recommends that the Government should continue to encourage and assist franchised bus operators in raising revenue and reducing expenditure through a multipronged approach, including enhancing the operational efficiency by optimising bus networks and expanding sources of non-farebox revenue to alleviate the pressure for fare increases,” Professor Cheung continued. read more
The Leisure and Cultural Services Department announced today (December 17) that Sai Wan Ho Sports Centre in Eastern District will reopen for public use from December 24 (Tuesday). This venue was temporarily closed earlier for refurb… read more
The Census and Statistics Department (C&SD) released today (December 17) the preliminary figures of chain volume measures of Gross Domestic Product (GDP) by economic activity for the third quarter of 2024. … read more
According to the latest labour force statistics (i.e. provisional figures for September – November 2024) released today (December 17) by the Census and Statistics Department (C&SD), the seasonally adjusted unemployment rate stoo… read more