Industry representatives say they hope the 23 per cent increase in the basic charge can take effect in the first quarter of next year at the earliest. Photo: Edmond So
Industry representatives say they hope the 23 per cent increase in the basic charge can take effect in the first quarter of next year at the earliest. Photo: Edmond So

Hong Kong’s urban taxi operators seek to raise fares by HK$6, pointing to higher costs for insurance and fuel

  • Annual insurance premiums have risen from HK$27,000 two years ago to HK$55,000, industry leader says
  • Another veteran of trade notes increase in fares that took effect in July was result of application made five years ago

Industry representatives say they hope the 23 per cent increase in the basic charge can take effect in the first quarter of next year at the earliest. Photo: Edmond So
Industry representatives say they hope the 23 per cent increase in the basic charge can take effect in the first quarter of next year at the earliest. Photo: Edmond So
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