Power firms should give information
All countries are suffering from the effects of inflation.
The prices of commodities just keep going up in all areas. It affects everything from food to property. However, in Hong Kong, for most of us, salaries are not increasing by that much.
Some people are cutting back in order to deal with soaring prices, but you cannot avoid life's daily necessities.
Transportation, electricity, gas and water are necessities and citizens cannot avoid the costs.
Local companies also have to deal with the effects of inflation and both power firms, CLP Power and Hongkong Electric, have proposed increasing their tariffs.
It has been argued that they must accept corporate social responsibility and keep price hikes within a reasonable limit. They were criticised for the size of the increases and under public pressure agreed to reduce them. It would appear that the original high sums were just introduced as a kind of bargaining tool.