Hong Kong government forks out two-thirds of HK$90 million tab for HK$2 fare revamp

The revamp to Hong Kong’s HK$2 (26 US cents) transport fare concession scheme for the elderly and disabled carried a HK$90 million price tag, with the government paying two-thirds, a Legislative Council finance committee paper revealed on Wednesday. It also showed that about 220 beneficiaries averaged more than 240 trips a month – equivalent to more than eight trips daily – with one hitting as many as 20 trips a day, in the first year of real-name registration. The government adjusted the scheme...