Lawmakers call for fuel subsidies, citing loss-making bus service amid oil price spike

A Hong Kong coach operator’s failed attempt to reduce its services was only the “tip of the iceberg” of cuts in bus rides amid rising fuel costs, lawmakers have warned, as they urged the government to quickly address soaring oil prices. Legislators on Tuesday also called on authorities to approve applications by non-franchised bus companies to increase fares, and to provide subsidies to cushion the effects of higher fuel prices caused by the war in the Middle East. Their appeals came after th...

By Oscar Liu,Lam Ka-sing