Peak Tram Fares To Climb From Next Month

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

Related News Programmes

"); });

2018-02-14 HKT 21:09

Share this story

facebook

  • It’s going to cost more to use the Peak Tram from March 1. File photo: RTHK

    It’s going to cost more to use the Peak Tram from March 1. File photo: RTHK

The Peak Tram is raising fares by as much as 15 percent from next month.

A round-trip ticket for an adult going to and from Central's Garden Road to Victoria Peak will rise from HK$45 to HK$52 from March 1, while a one-way ticket will cost HK$37 instead of HK$32 at present.

The company says the hike has been triggered by a jump in operating costs, including those spent on the repair and maintenance of the system and tracks.

The last fare rise was in September 2016.

RECENT NEWS

Macau Pass Launches MPay Tap! Across Macao

Macau Pass, in partnership with Alipay, launched its MPay Tap! service across Macao on 1 December, offering a “tap to... Read more

China And Vietnam Begin Cross-Border QR Payment Pilot

UnionPay International (UPI) and the National Payment Corporation of Vietnam (NAPAS) have launched a pilot programme fo... Read more

How A Second Chance Led To Indonesias Largest E-Wallet | Vince Iswara, Co-Founder, DANA

From navigating ‘irrational’ market incentives to achieving operational profitability, DANA CEO Vince Iswara breaks... Read more

RedotPay Partners With Ripple To Launch NGN Crypto Payouts

RedotPay has partnered with Ripple to expand its stablecoin payment capabilities. Concurrently, RedotPay is launching i... Read more

5 Stories That Shaped Hong Kongs Fintech Scene In 2025

2025 has undeniably been the year Hong Kong’s fintech ecosystem began swimming in the deep end. From the enforcement ... Read more

NongHyup Bank Pilots Blockchain Cross-Border Payments

South Korea’s NH NongHyup Bank has completed a pilot of blockchain-based cross-border payments using Partior’s bloc... Read more