Legislators Blast MTR Over 'unfair Fares'

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

Related News Programmes

"); });

2021-06-04 HKT 13:07

Share this story

facebook

  • Legislators blast MTR over 'unfair fares'

The MTR Corporation was questioned by lawmakers on Friday over why passengers using the new Tuen Ma Line after it fully opens on June 27 will pay more for some journeys than others travelling further.

The legislators noted that people going from Hung Hom to Hin Keng will be charged HK$3.4 more than those who travel one station further and get off at Tai Wai.

The railway operator's CEO Jacob Kam told the council that the length of the journey is not the only consideration when they set fares.

"Other than the distance of the journey, we also talk about the market factors, like the convenience as well as the journey time," he explained.

He said he hoped to resolve the issue by adjusting the fares in the future, but did not give a timetable.

Meanwhile, Amy Wong, the deputy secretary for transport and housing, said the government is not considering waiving rents for the MTRC to help it cut fares.

"It would be equivalent to using public money to subsidise the MTRC for cheaper fares," she said.

Wong said it is more appropriate for the government to provide transport subsidies for the public.

RECENT NEWS

Vietnam And South Korea Launch Cross-Border QR Payments

Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more

WeChat Pay Integrates With Local QR Networks In 5 Asian Countries

WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more

Global Transition Finance Ecosystem Gains Momentum

The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more

Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea

Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more

Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI

Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more

Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation

Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more