New HK$30 Taxi Rate Could Come In Few Months

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

Related News Programmes

"); });

2019-03-08 HKT 17:58

Share this story

facebook

  • The government is seeking lawmakers' views on the proposal to raise taxi fares sharply. File photo: RTHK

    The government is seeking lawmakers' views on the proposal to raise taxi fares sharply. File photo: RTHK

The government has submitted the taxi trade's bid to raise minimum fares in urban areas to HK$30 to the Legislative Council, saying the new rates could be implemented by the second half of this year.

The starting fare for urban taxis is currently HK$24.

The government is seeking lawmakers' views on the proposals submitted by the taxi sector last September, which could also see the fare for every 200 metres, after the first two kilometres, jump HK$0.20 to HK$1.90.

Under the proposal, the starting fare for New Territories taxis could go up to HK$26.50 from HK$20.50.

In the paper, the Carrie Lam administration said it will consider a number of factors, such as changes in taxis' operating costs and public views, before arriving at a final decision.

Taxi fares were last raised in April 2017.

The government said it is also planning to introduce a bill to increase penalties for dodgy taxi drivers within this legislative year.

The officials had floated the idea last May and are looking at several measures, including a penalty points system that could see offenders having their licence suspended.

RECENT NEWS

TOPPAN Edge Becomes Japans First Qualified VLEI Issuer

The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more

SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more

Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin

South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more

China Funds Research On Stablecoins And Cross-Border Oversight

China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more

XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership

XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more

Brinc Launches VentureVerse Through Acquisition Of OG Club

Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more