taxi
Hong Kong Taxi and Light Bus Drivers Urge Extension of LPG Subsidy Amid Middle East Tensions and Potential 33% Operating Cost Surge
Hong Kong’s vital taxi and light bus sectors are facing significant financial pressure as a government-backed liquefied petroleum gas (LPG) subsidy scheme is set to expire, with drivers and industry representatives calling for an immediate extension. The plea comes amid persistent global oil price volatility, directly linked to ongoing conflicts in the Middle East, which […]
Hong Kong’s Taxi Industry Faces Existential Threat as Government Implements Ride-Hailing Permit Cap
The Hong Kong taxi trade is grappling with unprecedented levels of anxiety following Transport Minister Mable Chan’s announcement of a 10,000-vehicle cap for ride-hailing service permits. This regulatory move, intended to address a “long-standing controversy” between traditional taxis and burgeoning online platforms, has ignited fears of a severe economic downturn and potential decimation of a […]
