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  • 2 Post By MatthieuTofu
  • 2 Post By MatthieuTofu

MTR Fares frozen

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  1. #1

    Join Date
    May 2019
    Location
    Hong Kong
    Posts
    5,266

    MTR Fares frozen

    No hike this year.

    A freeze on ticket prices for the remainder of the year and a temporary halving of rents for smaller shops operating inside MTR Corporation malls were among new relief measures unveiled by the rail operator on Thursday amid the ongoing coronavirus outbreak.

    [...]


    Tickets prices are typically adjusted every year based on a mechanism that takes into account inflation and other macroeconomic statistics, but the MTR Corp. said it will put measures into place to ensure there are no fare increases, even when existing rebates expire on June 30.


    https://www.scmp.com/news/hong-kong/...plosives-found
    MABinPengChau and hongkong7 like this.

  2. #2

    Join Date
    Aug 2017
    Posts
    581

    Does that freeze include the 3.3% discount we have been getting for the last x months or with that finish, which will actually mean a hike in fares?


  3. #3

    Join Date
    May 2019
    Location
    Hong Kong
    Posts
    5,266
    Quote Originally Posted by Pauljoecoe
    Does that freeze include the 3.3% discount we have been getting for the last x months or with that finish, which will actually mean a hike in fares?
    3.3% discount on octopus fares initially ending in June I believe, extended to the end of this year.
    shri and hongkong7 like this.