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  • April 25, 2014
  • Last updated: 5:20pm
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  1. Business - China Business - TRANSPORT

    Buddhist tycoon Chen Feng built Hainan Airlines into global empire

    Posted Apr 12th 2014, 12:59am by BLOOM

    ... from London-based rating agency Skytrax. Many of Chen's shareholders have had a less enjoyable ride. Since 2009, the Shanghai Stock Exchange Composite Index has been the eighth-worst ...

  2. News - Hong Kong - TRANSPORT

    MTR fares to rise by 3.6 per cent in June

    Posted Mar 28th 2014, 03:28am by Ada Lee

    ... the average increase between last year's rate of inflation- 4.3 per cent- and the wage rise in the transport sector- 4.1 per cent. A productivity factor of 0.6 is then deducted. It is the second ... at the rate of increase in the median monthly household, but that proved unnecessary as household income was up 6.16 per cent. As part of the new pricing agreement, the MTR will also allocate HK$152.5 ...

  3. News - Hong Kong - TRANSPORT

    Influx of tourists will put MTR trains under strain, says minister

    Posted Mar 20th 2014, 03:59am by Ada Lee

    ... the growth rate in the number of tourists will certainly exceed the current rate of 20 per cent annually," Tien said. Cheung said the government was also looking at ways in which the bus ...

  4. Business - China Business - TRANSPORT

    Heavily indebted China Railway Corp expected to raise freight rates

    Posted Jan 10th 2014, 11:35am by Celine Sun

    ... Rise in rail cargo rate looms as reform steams ahead China Railway Corporation (CRC) is expected to raise freight rates early this year to relieve its massive debt burden and speed up ... The rail freight rate in China may rise from 0.12 yuan (15.2 HK cents) per tonne per kilometre to an average of 0.15 yuan, which the railway operator said would be “more reasonable”. “Freight ...

  5. News - Hong Kong - TRANSPORT

    Discovery Bay ferry firm seeking another fare rise

    Posted Feb 25th 2014, 04:16am by SAMUEL CHAN

    ... The proposed rates were lower than the roughly 10 per cent increase requested by ferry operators and there was "little room for further reduction", Michael Ng Shi-hung, principal transport officer of the Transport Department, told an Islands District Council meeting yesterday. Ng came under fire for describing the rate of increase as "mild". "The proposed fare rises ...

  6. News - Hong Kong - TRANSPORT

    You talking to me? Taxi drivers face phone ban

    Posted Jan 14th 2014, 04:48am by Carol Cheung and Clifford Lo

    ... road users." He believed 90 per cent of cabbies with multiple phones strapped to the dashboard were from "unofficial discount gangs" which accept fares below the meter rate. Kwan ...

  7. News - Hong Kong - TRANSPORT

    20pc harder to find a parking spot

    Posted Jan 06th 2014, 04:02am by Ada Lee

    ... be acceptable, but added that it would be "illogical" for the government to impose hefty fines without providing enough spaces for drivers to park legally. "The rate of increase in private ... Council's transport panel, said the government should review the rate at which licences were issued if it estimated the increase in parking spaces would continue to lag behind the rise in the number ...

  8. News - Hong Kong - TRANSPORT

    MTR condemned over accidents during construction of railway

    Posted Jan 04th 2014, 02:57am by SAMUEL CHAN, Edward Tang

    ... reflected the amount of work being done at multiple locations. "The number of accidents has gone up, but the average accident rate stays the same," So said. The line has proved ...

  9. News - Hong Kong - TRANSPORT

    Discovery Bay residents fear fate of ferry service

    Posted Dec 29th 2013, 05:11am by Bernice Chan

    ... and the elderly pay HK$18.50- a rise of more than double the inflation rate. At night, costs are HK$52.70 and HK$33.80 respectively. The department cited "prevailing and anticipated operating ...

  10. News - Hong Kong - TRANSPORT

    MTR Corp needs better fallback in event of disruptions, experts say

    Posted Dec 22nd 2013, 04:51am by Ada Lee

    ... the Central Kowloon Route was built. William Lam Hing-keung, chair professor of civil and transport engineering at PolyU, said the railway's failure rate was not high, although when something did ...




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