Little Disruption From Bus Drivers' Mini-strike
"); jQuery("#212 h3").html("

"); });
2018-02-24 HKT 16:53
Traffic around town remained mostly normal on Saturday night, despite a group of KMB bus drivers going on a four-hour strike, demanding their basic monthly salary be increased to HK$18,000.
Several drivers at a Tsim Sha Tsui terminus answered the group’s calls and stopped their buses at the exit. The group - called the Monthly Paid Bus Drivers Alliance - originally said they would strike for only 30 minutes from 8pm, but extend their action after KMB warned that drivers who violate working guidelines would face strict disciplinary action.
The strike ended just before midnight after KMB agreed to management representatives would meet the group on Monday. KMB said it wants to hear opinions from its staff, and it will not talk about disciplinary actions for drivers who joined the strike for the time being.
The company had earlier said it had already responded to the demands of staff by raising the drivers' starting monthly pay to about HK$15,300 by including bonuses in salaries.
Working conditions at KMB have recently come under scrutiny following a spate of bus accidents and the Tai Po crash earlier month in which 19 people died.
Critics said drivers work long shifts without enough rest, which puts passengers at risk. Unions also say poor pay is failing to attract fresh talent.
On Friday, the government announced new guidelines for bus companies that cut maximum working hours and increased rest time.
______________________________
Last updated: 2018-02-24 HKT 19:31
Circle CEO Says China Could Launch Yuan Stablecoin In 3 To 5 Years As Trade Grows
Circle CEO Jeremy Allaire predicts that China could roll out a yuan stablecoin within three to five years to expand the... Read more
Naver IPO Timeline Set As Dunamu Merger Targets Nasdaq Debut
Preparations for a Naver IPO are underway following an agreement between Naver Financial and cryptocurrency exchange op... Read more
TransUnion Urges Lenders To Rethink Credit Risk For Gig Workers In Hong Kong
TransUnion is urging lenders to update their risk assessment models, revealing that gig workers in Hong Kong exhibit st... Read more
Citi And Endowus Roll Out HK$4,000 Wealth-Linked Credit Card Campaign
Citi and digital wealth platform Endowus have launched a joint credit card promotion in Hong Kong, expanding the Citi E... Read more
Aspire Secures SFC License In Hong Kong To Launch SME Yield Product
Singapore-headquartered fintech Aspire has secured three financial licenses from the Securities and Futures Commission ... Read more
Why Stablecoins May Become The Backbone Of 24/7 Global Trade
Stablecoin transaction volumes surged 72% in 2025, reaching a record US$33 trillion and signalling growing institutiona... Read more