Extend LPG subsidy or watch costs go up, Hong Kong taxi, light bus drivers urge

AI Summary

Taxi and light bus drivers in Hong Kong are urging the government to extend a two-month LPG subsidy scheme to avoid rising operating costs amid uncertainties caused by Middle East conflicts. The subsidy provides rebates on LPG prices, crucial amid cost pressures from regional instability.

Hong Kong taxi and light bus drivers have called for a two-month liquefied petroleum gas (LPG) subsidy scheme to be extended amid uncertainty over wars in the Middle East, and warned monthly operating costs could rise by up to 33 per cent when the policy ends. A government task force rolled out the subsidy on May 31, which offers a 50 HK cents per litre rebate on LPG at the pump for taxis and public and school light buses, in response to volatility stemming from the United States-Israel war on...