Labour Party's Kwok Wants Govt To Buy Back MTR

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2018-02-25 HKT 16:39

Share this story

facebook

  • The Labour Party chairman Steven Kwok (second left, front row). File photo: RTHK

    The Labour Party chairman Steven Kwok (second left, front row). File photo: RTHK

Labour Party Chairman Steven Kwok says the government should not give cash handouts to all local residents in the upcoming budget.

He said the fiscal surplus could be better spent on projects that address the SAR's social problems and will benefit people in the long term - such as buying back the MTR Corporation.

Kwok said the public is continually disappointed to see ticket prices on the MTR going up, despite the fact that the rail company makes a profit every year.

He said that buying back the railway would bring long-term benefits to the people of Hong Kong in the form of lower fares on the MTR.

RECENT NEWS

Mox Bank Appoints Philip Wong As Its Chief Commercial Officer

Mox Bank Limited (Mox) announced the appointment of Philip Yin Pui Wong as its Chief Commercial Officer today. In his r... Read more

AsiaPay All-in-One Card Tokenisation Hides Card Details With Encrypted Tokens

AsiaPay, a payment digitalisation service and technology provider, announced the launch of its All-in-One Card Tokenisa... Read more

Hong Kongs First Five-Year Plan Aims To Boost International Financial Centre Role

Hong Kong’s First Five-Year Plan, announced by Chief Executive John Lee, sets out an agenda that runs from 2026 to 20... Read more

HKDAP Deposits And Withdrawals Land On HashKey Ahead Of Retail Rollout

HashKey Holdings Limited announced that its licensed trading platform, HashKey Exchange, has officially launched deposi... Read more

Anchorpoint Taps PWC Hong Kong To Drive Education On Tokenised Money

Anchorpoint Financial Limited (Anchorpoint) has announced the launch of the Tokenised Money Adoption Programme (TAP), a... Read more

Hong Kong SMEs Left Behind As Large Firms Pull Ahead On AI

DBS Hong Kong has released a survey on the city’s business outlook. SMEs are adopting AI and digital tools at nearly ... Read more