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  • July 31, 2014
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  1. News - Hong Kong - TRANSPORT

    Government probes vehicle-hire apps

    Posted Jul 19th 2014, 04:02am by Patsy Moy

    ... for users to find the van service, and we don't charge drivers or users," said Chow, adding that he had yet to decide how to generate income from the service. "What I want is to make the app popular before thinking of generating income." Uber, which launched in Hong Kong on Thursday, has attracted controversy overseas, as taxi drivers say it is able to provide a taxi-like ...

    http://www.scmp.com/news/hong-kong/article/1556217/government-probes-vehicle-hire-apps
  2. Business - Companies - TRANSPORT

    MTR lands £1.4b contract to run London Crossrail

    Posted Jul 19th 2014, 03:42am by CHIM SAU-WAI

    ... its business abroad in recent years to avoid relying too much on property-related income. Apart from projects on the mainland, it also runs railway systems in Melbourne and Stockholm. ...

    http://www.scmp.com/business/companies/article/1556587/mtr-lands-ps14b-contract-run-london-crossrail
  3. Business - China Business - TRANSPORT

    China's booming car market spurs foreign investment

    Posted Apr 26th 2014, 01:21am by BLOOM

    ... and income is relatively low. Transportation is needed not just for cars but also auto parts." China's car market will probably grow to 24 million cars this year and exceed 30 million ...

    http://www.scmp.com/business/china-business/article/1497250/chinas-booming-car-market-spurs-foreign-investment
  4. News - Hong Kong - TRANSPORT

    Ferry fares to Hong Kong's outlying islands to rise by up to 6pc

    Posted Mar 22nd 2014, 04:28am by Ada Lee

    ... Ferry and Hong Kong and Kowloon Ferry. The current fares were imposed in mid-2011. Inflation since then was 11.1 per cent, said the spokesman, while the median monthly household income had increased by 12.5 per cent. Jo Wilson, of Living Lamma, said the increase was not surprising but warned it would hurt those on low incomes. She said more inter-island services would be a better way ...

    http://www.scmp.com/news/hong-kong/article/1454319/ferry-fares-hong-kongs-outlying-islands-rise-6pc
  5. News - China - TRANSPORT

    Dongguan cabbies launch strike amid business slowdown

    Posted Apr 19th 2014, 03:26am by He Huifeng

    ... 11pm now. My income has dropped 50 per cent." The cabbie said that while sex workers could relocate to other markets, the taxi drivers had to "keep paying 8,000 yuan every month ...

    http://www.scmp.com/news/china/article/1487693/dongguan-cabbies-launch-strike-amid-business-slowdown
  6. News - Hong Kong - TRANSPORT

    MTR fares to rise by 3.6 per cent in June

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

    ... 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 ...

    http://www.scmp.com/news/hong-kong/article/1458728/mtr-fares-rise-36-cent-june
  7. Business - China Business - TRANSPORT

    Heavily indebted China Railway Corp expected to raise freight rates

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

    ... services are a major source of income for the railway operator. However, the freight rate has long been under the market value,” said Li Hongchang, a railway expert and economics professor ...

    http://www.scmp.com/business/china-business/article/1402132/heavily-indebted-china-railway-corp-expected-raise-freight
  8. News - Hong Kong - TRANSPORT

    Taxi operators may get green light for fuel surcharge

    Posted Jun 22nd 2013, 12:00am by Amy Nip

    ... said. Once the fare rises had been settled, the government would begin studying fuel surcharges, he said. Lawmakers voiced concerns at the meeting that higher fares did not lead to more income ... to government statistics, the average monthly income earned by drivers who rent their vehicles fell 4.1 per cent, to HK$11,675, following the higher fares. Taxi owners who rent out the vehicles, ...

    http://www.scmp.com/news/hong-kong/article/1266146/taxi-operators-may-get-green-light-fuel-surcharge
  9. News - Hong Kong - TRANSPORT

    MTR railway fares to go up by 2.7pc in June

    Posted Apr 16th 2013, 07:35pm by Ada Lee

    ... to pay will also be reflected by capping any increase according to any change in median monthly household income. When the rate calculated, according to the formula, is higher than the income change, discounts will be offered. When household incomes don't rise, the effective fares will be frozen and the MTR will recover the discounts in two following years. Household incomes rose ...

    http://www.scmp.com/news/hong-kong/article/1216112/mtr-fares-increase-27pc
  10. News - China - TRANSPORT

    Drivers in spin over Beijing congestion charge

    Posted Sep 13th 2013, 12:00am by STEPHEN CHEN

    ... penalise low income and middle class drivers while sparing the rich and powerful, who could either afford the charge or used government cars. Even within the government, opposition was strong. ...

    http://www.scmp.com/news/china/article/1308943/beijing-authorities-collision-course-drivers-over-proposed-congestion

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