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Hong Kong tram operator seeks to raise fares by 11.5 per cent as firm struggles to cope with falling ridership, revenue

Hong Kong’s tram operator has applied to increase fares by 11.5 per cent as the firm struggles to cope with a substantial drop in ridership and declining revenue amid the coronavirus pandemic.In a statement released on Friday, Hong Kong Tramways said it had submitted a fare adjustment application to the Transport Department proposing to raise the normal fare from HK$2.60 (33 US cents) to HK$2.90.The firm also suggested raising fares for children and the elderly by 10 HK cents, from HK$1.30 and…

Read the original article at South China Morning Post

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