Hong Kong keeps no cap on HK$2 transport scheme

Hong Kong Secretary for Labour and Welfare Chris Sun Yuk-han announced on Friday that authorities will not impose a monthly cap on subsidised trips under the HK$2 transport fare scheme for eligible elderly and people with disabilities. Data showed an average of only about 450 people exceeded 240 trips a month out of 2.7 million beneficiaries.

Chris Sun Yuk-han said introducing a cap could save several hundred thousand Hong Kong dollars in public funds annually, but system updates and testing would cost an estimated HK$30 million, making it unjustifiable. Of the 450 people who exceeded 240 trips between May last year and April this year, about 22 per cent were people with disabilities, a share much higher than their 5 per cent of total beneficiaries. He noted this indicated greater travel needs among some disabled passengers for medical check-ups, rehabilitation and work. He added that a restriction would affect those needs and cause unnecessary mental pressure over the limit.

ተያያዥ ጽሁፎች

Illustration of commuters purchasing discounted monthly public transport passes in Sweden.
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Monthly public transport passes to be halved from July 1

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The government and the Sweden Democrats plan to halve the price of monthly public transport passes nationwide from July 1 until year-end. A support package of around 7 billion kronor will go to regions to cover revenue losses.

Hong Kong authorities plan to cap ride-hailing vehicles at 10,000, expecting it to meet demand. Critics including taxi drivers and legislators warn this could cause shortages, higher fares and public dissatisfaction.

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Hong Kong authorities will negotiate with operators in Guangdong to secure additional places for elderly residents amid rising demand for cross-border care homes. The number of Hongkongers using the scheme has grown ninefold since the end of 2022.

Some elderly landlords in Hong Kong say they cannot afford renovations costing up to HK$400,000 to meet new regulations. They may be forced to remove units renting for HK$3,000 a month from the market.

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Hong Kong's taxi industry has warned that around 10 percent of the city's cabs could be repossessed by banks as licence values fall and drivers shift to a new ride-hailing regime.

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የእኛን ጣቢያ ለማሻሻል ለትንታኔ ኩኪዎችን እንጠቀማለን። የእኛን የሚስጥር ፖሊሲ አንብቡ የሚስጥር ፖሊሲ ለተጨማሪ መረጃ።
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