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

OCBC Plans Hong Kong Wealth Expansion With Up To 50 New Bankers

OCBC is expending its wealth management team in Hong Kong by 30% this year to meet growing regional demand for investme... Read more

Hana Financial To Acquire US$669M Stake In Dunamu, Deepening Crypto Push

Hana Financial Group has agreed to acquire a 6.55% stake in digital asset operator Dunamu. The transaction is valued at... Read more

Reap And TerraPay Partner To Expand Cross-Border Payouts Via Local Payment Rails

Reap has partnered with TerraPay to expand its cross-border payout network using domestic clearing systems. The integra... Read more

Tencent Fintech And Cloud Services Lift Q1 2026 Revenue 9% To US$8.68 Billion

Tencent reported a 9% increase in revenue from its fintech and business services division for the first quarter of 2026... Read more

Ant Group Profit Falls An Estimated 79% As AI And Payments Spending Rises

Ant Group saw an estimated 79% decline in quarterly profit as the company accelerates its spending on AI, large languag... Read more

Alibabas Cloud Revenue Jumps 40% As AI Investments Pressure Profitability

Alibaba Group has released its financial results for the quarter and fiscal year ending 31 March 2026, reporting a 3% a... Read more