Western Harbour Tunnel Fees To Go Up This Weekend
"); jQuery("#212 h3").html("

"); });
2019-05-29 HKT 17:42
Tolls for the privately owned Western Harbour Tunnel will be more expensive from Saturday.
The fee for private cars will increase from HK$70 to HK$75, while taxi charges will go up from HK$65 to HK$70.
But the toll for motorbikes will remain at HK$25.
The company said on Wednesday that it has to put the prices up to pay for its increasing operation costs.
The government recently came up with a plan to subsidise the Western Harbour Tunnel fees, while increasing the charges at the other two harbour crossings.
The aim was to spread traffic out more evenly between the three tunnels.
But the government twice pulled a non-binding Legco motion on the move after legislators made it clear they opposed the idea.
Lawmakers said the public didn't want to see fees going up at the Cross Harbour Tunnel and Eastern Harbour Crossing.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
