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ams transport (00077.HK) will hold a board of directors meeting on November 29 to approve the interim performance.
November 11, Krypton Flow: ams transport (00077.HK) announced that the company will hold a board of directors meeting on November 29, 2024. The board of directors will approve resolutions at the meeting, including the publication of the unaudited interim performance of the company and its subsidiaries for the six months ended September 30, 2024, as well as considering the distribution of interim dividends.
The Hong Kong government is planning to draw a line. Elderly people over 60 years old will no longer enjoy the $2 concession for public transportation after a certain period of time.
The Labour and Welfare Bureau has expressed the hope of announcing the results of the review of the 'Dual Fare Concession Scheme' within this year; however, last week's 'Policy Address' did not touch on the issue. A political column in Sing Tao Daily today (25th) quoted sources as saying that there is great concern within the government about drastic cuts to the elderly's public transportation benefits, fearing public backlash, and describing the plan as 'water poured out that is difficult to retrieve.' The column quoted a member of the Executive Council as saying that the research proposals include 'drawing a line,' so that after a certain number of years, elderly people aged 60 and above will no longer enjoy the benefits. The source of the news believes that individuals who 'reach the age of 60 after 10 or 8 years' may have concerns about the benefits.
Starting from Sunday, Hong Kong residents aged 60 or above must use the Elder Octopus Card to enjoy a discounted fare of HKD 2 when taking public transportation.
Starting from this Sunday (25th), Hong Kong residents aged 60 or above must use the Elder Octopus card to enjoy a HKD 2 discount on transportation. MTR (00066.HK) said that if passengers aged 65 or above continue to use the current “anonymous elderly Octopus card” or “personal elderly Octopus card” to take the MTR, the discount will only be about half of the adult fare. As for passengers aged 60 to 64, if they do not use the Elder Octopus card, they will need to pay the adult fare. MTR reminds that since it takes about four weeks to process the application for the Elder Octopus card, eligible persons who have not applied yet should submit their application as soon as possible. In addition, for those who already hold the Elder Octopus card, they will receive
Transport Department: Several New Territories special minibus routes have overcharged passengers recently, refunds will be made to affected passengers starting today.
The Transport Department announced today (5th) that the operator of the New Territories green minibus route, which overcharged passengers earlier, will arrange refunds for affected passengers through various channels from today. The department will also monitor the refund arrangement closely. It is reported that the No. 501A, 501C, 501K and 501S lines operated by Fu Ming Limited charged passengers fares higher than the approved fares by the Transport Department between May 19 and July 26 this year, with the difference ranging from 0.3 yuan to 1 yuan per journey. The Transport Department stated that affected passengers who use Octopus to pay can apply for the refund through the Octopus Mobile App or the
The Transport Department invites 11 red minibus routes to be converted to green special minibus routes.
Today (2nd), the Transport Department issued an invitation to 11 red minibus route operators who meet the specified conditions to apply for the "Red to Green Selected" plan, which allows them to convert their red minibus routes to green minibuses. The deadline for applications is October 31 this year. The Transport Department will review each received application to ensure that the route operators meet the conditions for operating public minibus (dedicated route) services, including hiring drivers who are qualified to drive on the routes, obtaining approval from and being regulated by the Transport Department for their daily operations and fares, etc. The approval process is expected to be completed by the end of this year. The Transport Department stated that the Hong Kong government's policy has always been to encourage red minibuses to convert to dedicated route minibuses in order to ensure the service quality of public minibuses.
Renliang Zhang has been reappointed as the Chairman of the Consultative Council.
The government announced the reappointment of Professor Zhang Renliang as the Chairman of the Transportation Advisory Committee and five current members of the committee, as well as the appointment of two new members. The term of the Chairman and the seven members is two years, effective October 1 this year.
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