MTR Corporation

MTR invites developers to express interest in new phase at Lohas Park

The previous phase at Lohas Park was released for tendering seven years ago. Photo: Thomas Yau

MTR Corporation invited developers on Friday to express their interest in the new phase of its Lohas Park residential project in Tseung Kwan O.

The railway company will kick off the tendering shortly after March 26, the deadline for the expressions of interest.

Friday, 21 March, 2014, 1:33pm

Peering into the property market crystal ball for the year ahead

A fortune teller is not necessary to discern omens of developments in Hong Kong's property market. Photo: Nick Otto

Many people turn to fortune-telling books at the beginning of the year for insight on the year ahead.

But if you want hints on what this year will bring in the property market, I think a more reliable reading would be based on the latest actions of developers and the government.

3 Feb 2014 - 11:52am 2 comments

MTR faces HK$15m fine over Yuen Long derailment

Operations director Jacob Kam (left), Jay Walder and Anthony Cheung. Photo: SCMP

A recently revised fare-adjustment mechanism that penalises any suspension of services lasting more than eight hours made such a fine possible, Secretary for Transport and Housing Professor Anthony Cheung Bing-leung said at the site of the crash.

19 May 2013 - 12:56pm 1 comment

MTR to extend popular second-trip fare concession beyond June

MTR will extend its popular fare concession on second journeys until next March. Photo: May Tse

MTR Corporation's commercial director Jeny Yeung said passengers would continue to get a 10 per cent discount when they took a second trip on the same day, after the first phase of the scheme ends next month.

10 May 2013 - 4:46am

MTR profits dip 6.6pc amid slowdown in property sales

Jay Walder, Chief Executive Officer of MTR Corporation. Photo: May Tse

The MTR Corporation faces another year of slower growth despite plans to sell 5,000 flats, it emerged yesterday. The company announced a 6.6 per cent drop in underlying profit to HK$9.78 billion in the year to December, mainly due to lower returns on property sales.

12 Mar 2013 - 6:27am

Talking points

The maximum weight limit for passengers' luggage on the MTR's East Rail Line drops from 33kg to 23kg.

The maximum weight limit for passengers' luggage on the MTR's East Rail Line drops from 33kg to 23kg today. This is one of the measures announced last week to crack down on mainlanders buying milk formula in Hong Kong, which has led to a shortage.

4 Feb 2013 - 3:02am

Briefs, January 18, 2013

Daimler will sell a limited edition of its Smart city car through Sina Weibo.

The Australian Competition and Consumer Commission gave Qantas and Emirates Airlines permission to launch their global alliance, although final approval is still pending. It said practical sales, marketing and other steps could now start.

18 Jan 2013 - 5:27am

Sheung Shui parallel-traders protest descends into chaos

Protesters block entry to Sheung Shui station. Photo: David Wong

Scuffles broke out and two parallel traders were arrested for assault during a protest at Sheung Shui MTR station yesterday.

About 20 people took part in the protest, organised by a Facebook group concerned about parallel-goods traders buying up goods in the area to resell at a profit across the border.

6 Jan 2013 - 4:06am 4 comments

Above-ground trains to stop under No 9 typhoon signal or higher: MTR

All above-ground MTR train services will be suspended when a No 9 typhoon signal or higher is hoisted.

All above-ground train services will be suspended when a No 9 typhoon signal or higher is hoisted, the MTR Corporation said.

Miranda Leung Chan Che-ming, MTR Corp's corporate relations general manager, said the decision came after the railway registered complaints from hundreds of passengers stranded in stations when Typhoon Vicente hit the city in July.

31 Dec 2012 - 5:35am

Miranda Leung's MTR detour that got her career on track

Miranda Leung's MTR detour that got her career on track

When Miranda Leung Chan Che-ming joined the MTR Corporation in 1976, she never thought she would stay there for 37 years until she retired.

It was three years before the railway opened its first section, a 15-kilometre track linking Kwun Tong and Central, when Leung quit her job as a junior secretary in the government and joined the transport company.

31 Dec 2012 - 5:35am

MTR Corp adopting bowl-shaped track design to save energy

The MTR Corporation will give the tracks on its new lines a slight bowl shape to bend the train down when it leaves a station and raise it when approaching the next one, as a way to cut electricity consumption and reduce carbon emissions.

The new design is one of several eco-friendly measures the rail operator is adopting on its new lines.

24 Dec 2012 - 5:24am

Hong Kong turns on fund pipeline in push for bigger basics

MTR Corporation is looking at bringing three new projects on stream. Photo: David Wong

Hong Kong will continue to spend billions of dollars on infrastructure projects beyond the 10 major projects that were pushed through in the wake of the global financial crisis in 2008.

21 Dec 2012 - 3:46am

MTR will add 530 train trips per week on three lines to speed up system

The MTR Corporation will add 530 train trips each week to the Tung Chung, Kwun Tong and Tsuen Wan lines.

The MTR Corporation said yesterday it would add another 530 train trips each week to the Tung Chung, Kwun Tong and Tsuen Wan lines by the end of the month, in the third phase of its HK$1 billion service enhancement project.

16 Nov 2012 - 6:00am 2 comments

Talking points

Chief Secretary Carrie Lam Cheng Yuet-ngor

Chief secretary holds meetings in Macau

19 Sep 2012 - 2:31am

MTR fare mechanism under review

Jay Walder, chief executive of the MTR Corporation. Photo: May Tse

The government on Monday launched a review of the much-criticised fare adjustment mechanism for the MTR Corporation.

A spokesman said on Monday it had noted public views that MTR’s profit level, service performance, public affordability and acceptability should also be taken into consideration in the rail operators’ annual fare reviews.

17 Sep 2012 - 6:56pm