Hong Kong saves HK$69 million in first month after HK$2 fare scheme revamp

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Hong Kong's public transport subsidy scheme revamp saved the government HK$69 million in its first month, as fewer elderly and disabled commuters opted for costly long-haul trips. The subsidy for expensive trips fell following changes effective from April 3, according to the Secretary for Labour and Welfare.

Changes to Hong Kong’s public transport subsidy scheme saved the government HK$69 million (US$8.8 million) in the first month, with fewer elderly and disabled commuters taking expensive long-haul routes for short trips, the welfare minister has said. Secretary for Labour and Welfare Chris Sun Yuk-han said on Saturday that, following revisions to the concessionary fare scheme that took effect on April 3, the average government subsidy for trips costing more than HK$10 fell from HK$4.90 in March...