Hong Kong taxis, minibuses to get 2-month LPG subsidy amid soaring fuel prices

Hong Kong will introduce a two-month subsidy for liquefied petroleum gas (LPG) used by taxis, minibuses and school buses starting in May amid soaring fuel prices, while previously announced support on diesel costs for other transport operators begins on Thursday.Financial Secretary Paul Chan Mo-po said on Wednesday that the interdepartmental task force monitoring fuel price movements had proposed a 50 HK cents per litre subsidy for two months, starting in May, to alleviate operational pressure on taxis and minibuses, among others.Chan noted that the ongoing Middle East conflict had driven up the city’s LPG prices, with the cap price at dedicated refilling stations expected to rise by more than HK$1 per litre from May, representing an average increase of over 28 per cent.