Bus fare hikes approved
(02-19 14:16)
Kowloon Motor Bus (KMB) has won the approval to raise bus fares from the Executive Council.
Starting March 17, bus fares will go up by an average of 4.9 percent. The increase is less than the 8.5 percent hike KMB asked for in the application submitted last year, RTHK reports.
Transport Secretary Anthony Cheung Bing-leung said average bus fare will go up to HK$6.6 from the current level of HK$6.3. More than 70 percent of passengers need to pay as much as 40 HK cents more.
Cheung said the Exco has put the affordability and acceptability into consideration. He noted that the operations remain difficult for KMB.
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