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Old January 28th, 2006, 09:34 AM   #341
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Old February 19th, 2006, 06:18 PM   #342
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中長途巴士今起減價
優惠期三年 勢大幅回升

19/02/2006





因應政府續發巴士專營權而拋出的巴士票價「可加可減」機制及票價優惠今日正式生效,為期三年。由今日起,獲得政府延續專營權的巴士公司旗下中及長途巴士路線實施減價優惠,所有票價十五元或以上的長途巴士線以八達通乘來回程,回程時獲減價一成,票價十至十四元九角的巴士線則獲減價半成。不過,由於巴士「可加可減」方程式中包含「綜合消費物價指數」及「工資指數」可變動因素,有學者指出在本港經濟持續向好的勢頭之下,在三年優惠期結束後,市民可能面對巴士票價大幅回升的苦果。

環境運輸及工務局上月與巴士公司達成協議,今日起實施的車費優惠措施。同日乘搭十五元或以上、同一條巴士路線來回的乘客,即可獲車費九折優惠,但優惠金額在第二程才會一次過扣減,即只乘去程而不選擇同一線路回程,優惠會被取消。至於乘搭十元至十四元九角中途巴士線來回的乘客,則可獲九五折優惠,上述優惠做法於三年內不會取消。

市民長遠未必受惠
舉例如新巴由柴灣至馬鞍山的長途682號線,單程車費為十八元二角,即日來回九折,來回車費共三十二元八角,在優惠措施下即共節省了三元六角,以每月乘搭二十六日計算,即共節省九十三元六角。中程路線方面,若市民乘坐九巴68X號線,單程車費為十二元五角,即來回九五折票價二十三元八角,兩程共可省一元二角,每月乘坐二十六天,即可省回三十一元二角。

不過在「可加可減」機制下,除了加入方程式運算外,亦會參考家庭入息中位數及巴士業界的加權平均資本成本,而各巴士公司與乘客攤分回報的啟動點,亦由現時固定資產平均淨值回報率(即准許回報率)的百分之十三,降至百分之九點七。

中文大學經濟學系副授關焯照指出,政府制訂的票價調整方程式,是按「綜合消費物價指數」及「工資指數」變動,作為釐定加價或減價的指標,而現今本港經濟勢頭強勁,如果增薪及通脹期持續,長遠而言,「可加可減」機制對巴士公司有利,因為隨市民薪酬及物價上漲,巴士公司勢將在三年優惠期結束後加價,令市民只能淺嘗甜頭,不能長久受惠。
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Old March 4th, 2006, 05:58 AM   #343
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Old March 4th, 2006, 06:17 PM   #344
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Old March 5th, 2006, 09:09 PM   #345
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CTB


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Old March 9th, 2006, 01:00 AM   #346
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LCQ11: Overnight cross harbour bus routes
Wednesday, March 8, 2006
Government Press Release

Following is a question by the Hon Andrew Cheng and a written reply by the Secretary for the Environment, Transport and Works, Dr Sarah Liao, at the Legislative Council meeting today (March 8) :

Question:

Regarding re-routing of bus routes operating via cross harbour tunnels and its impact, will the Government inform this Council:

(a) of the respective percentages of bus routes currently operating via the Cross-Harbour Tunnel (CHT), Eastern Harbour Crossing (EHC) and the Western Harbour Crossing (WHC) in the total number of bus routes operating via cross harbour tunnels, and whether the authorities have studied if the bus routes currently operating via CHT can be diverted to EHC or WHC, so as to relieve the traffic burden on CHT; if they have, of the study results; if they have not, whether they will conduct such a study in order to rationalise bus routes operating via the three cross harbour tunnels and hence achieve traffic diversion;

(b) as it has been reported that the Citybus Limited (CTB) and the Kowloon Motor Bus Company (1933) Limited (KMB) have recently applied for diverting to CHT the overnight routes N962, N968, N969 and N11 currently operating via WHC, of the criteria the authorities adopted for determining whether or not these applications should be approved;

(c) given that passengers can no longer travel on those four bus routes at the WHC Toll Plaza after the re-routing of such bus services, how the authorities will address the transport needs of these passengers; and

(d) as the toll charged by CHT is far lower than that by WHC, whether the authorities, in considering the applications, will discuss with CTB and KMB a reduction in the fares of these four routes; if so, of the proposed rate of reduction; if not, the reasons for that?

Reply:

Madam President,

The number of cross harbour bus routes currently operating via the Cross-Harbour Tunnel (CHT), Eastern Harbour Crossing (EHC) and the Western Harbour Crossing (WHC) is as follows:
Code:
           No. of        Percentage of these
Cross      cross         bus routes over the
harbour    harbour       total no. of cross
tunnels    bus routes    harbour bus routes
*******    **********    *******************
CHT          32                41%
EHC          24                30%
WHC          23                29%
Total        79               100%
At present, many passengers board or alight at the en route bus stops of cross harbour bus routes operating via CHT. In particular, the bus stops at the CHT Toll Plaza provide interchange for numerous passengers using Kowloon-Canton Railway. In view of this, diverting the bus routes currently operating via CHT to EHC or WHC will affect a huge number of passengers. Nevertheless, the Administration will continue to review the bus network from time to time and make adjustment when necessary to cater for the development of public transport network and passenger demand, alleviate the impact of vehicles on the environment and enhance the operational efficiency of bus services.

As regards the re-routing of the four overnight bus routes in question, the Citybus Limited and the Kowloon Motor Bus Company (1933) Limited have proposed to the Transport Department ("TD") in their respective Route Development Programme that four overnight bus routes currently operating via WHC will be diverted to CHT and terminated at the Hong Kong-Macau Ferry Terminal on Hong Kong Island starting from April 2006. These routes are:

* Citybus N962 (Causeway Bay (Moreton Terrace) - Tuen Mun)
* KMB N968 (Causeway Bay (Tin Hau) - Yuen Long)
* Citybus N969 (Causeway Bay (Moreton Terrace) - Tin Shui Wai Town Centre)
* Citybus N11 (Causeway Bay (Moreton Terrace) - Airport)

In considering the above re-routing proposals, TD has taken into account the following factors:

Impact on passengers

The patronage of these four overnight routes is meagre. On average, there are around a dozen of passengers per trip, representing only 10% to 20% of the passenger capacity. According to the re-routing proposals of the bus companies, the route direction of the four routes on Hong Kong Island will change after the re-routing, but the journey time will remain basically unchanged. Since about 70% of existing passengers on these overnight routes travel between Causeway Bay, Wan Chai and the New Territories West (NTW), the re-routing will enable these passengers to save journey time. According to a survey conducted by TD, only about a total of 40 of the passengers travelling on these routes board or alight at the WHC Toll Plaza en route stops daily and the number of passengers is very low. After the re-routing of these four routes, these passengers can interchange with relevant bus routes at the CHT Toll Plaza, use other overnight buses in Kowloon to/from NTW, or use other public transport modes which provide overnight service. On the other hand, passengers travelling to/from NTW may choose to interchange with these four routes at the CHT Toll Plaza after their re-routing.

Impact on operational efficiency

These four routes are operating at a loss due to low patronage, low revenue and increase in tunnel tolls. The re-routing proposals can reduce the deficit by cutting toll expenses, hence relieving the pressure for fare increase.

Impact on the traffic condition of CHT and its nearby roads

Since the bus routes involved in the re-routing proposals operate at late night, the traffic condition of CHT and its nearby roads will not be affected after the re-routing.

After careful consideration of the above factors, TD initially supports the re-routing proposals put forward by the bus companies. As the proposals will affect the current users of the four routes, TD started consulting relevant District Councils on the proposals in February this year. It will carefully gauge their opinions before determining on the implementation of these proposals.

As for bus fares, since the bus companies will maintain the service level of these routes and the re-routing can only ease their deficit, they do not have any plan to reduce the bus fares for the time being.
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Old March 13th, 2006, 03:39 AM   #347
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Old March 13th, 2006, 11:13 AM   #348
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Old March 13th, 2006, 11:17 AM   #349
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Old March 14th, 2006, 02:05 AM   #350
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Old March 15th, 2006, 02:17 AM   #351
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Old March 17th, 2006, 01:42 AM   #352
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New model of buses (Hong Kong)

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Old March 17th, 2006, 01:50 AM   #353
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Old March 17th, 2006, 02:42 AM   #354
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HK Transport International 2005 Net Down 20% To HK$584.2M
16 March 2006

HONG KONG (Dow Jones)--Transport International Holdings Ltd. (0062.HK), the holding company of Hong Kong's largest franchised bus operator Kowloon Motor Bus Co., said Thursday its 2005 net profit fell 20% from a year earlier due to intense competition in the public transport market.

Net profit for the year was HK$584.2 million, down from HK$731.2 million in the previous year. Revenue fell to HK$6.46 billion from HK$6.54 billion.

The company recommended a final dividend of 1.58 HK cents, unchanged from 2004.

Transport International attributed the fall in its full-year net profit to lower customer numbers and fares on KMB's buses. It had a fleet of 4,029 buses in 2005, down from 4,150 the previous year.

The KMB division reported a core profit after tax of HK$385 million, down 43% from HK$675.5 million in 2004.

KMB recorded 'a continuous loss of patronage' to new railway lines in Kowloon and the New Territories that entered operation in the last few years, Transport International said.

It said KMB's fare revenue fell 2.4% to HK$5.67 billion from HK$5.81 billion a year earlier.

For this year, the company expects customer numbers at KMB to stabilize due to a lack of new large-scale railways coming into operation.

Transport International said the company's income this year will be boosted by the sale of residential flats that it is developing. The units are scheduled for completion by the end of this year.
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Old March 26th, 2006, 08:46 AM   #355
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Old March 26th, 2006, 06:43 PM   #356
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Old March 26th, 2006, 07:33 PM   #357
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Old April 2nd, 2006, 07:47 AM   #358
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Travel subsidy plan for workers
Jonathan Cheng and Winnie Chong
28 March 2006
Hong Kong Standard

The government is set to provide travel allowances for workers who have to commute long distances from some of Hong Kong's poorer and far-flung districts. Speaking after a closed-door meeting of the government's Commission on Poverty, Financial Secretary Henry Tang, the commission's chairman, said a proposed allowance of between HK$300 and HK$500 per month will help jobseekers and low-income earners overcome the hefty bus and train fares that he called a ``major obstacle'' to employment.

The figures are significantly less than the HK$1,500 that was floated last month when Tang unveiled the 2006-2007 annual budget.

But the current figure, Tang said, will account for up to half of travel expenses for families living in more distant districts.

Tang said a pilot program will be launched soon in four of the neediest and most remote regions _ Tuen Mun, Yuen Long, the northern districts and outlying islands _ calling employment opportunities in those regions lacking.

But Tang stressed Monday the commission's discussions are just that _ discussions and not final decisions. ``We need to continue to discuss this, because it's a matter of public funds.''

Tang said he hopes to have the project implemented by the next fiscal year, saying the plan will help to ``make work more attractive than reliance on welfare.'' He called the possible transport subsidy just one part of an overall scheme to provide work incentives for the poor.

Tang also said a stringent screening process will be implemented to prevent abuse, saying only those families that genuinely need assistance will get it. ``We need to look at the details of how we assess income, and see how many families would fit the requirements,'' he said.

He denied that his suggestion is intended to gain more support for his financial budget, on which a vote will be taken tomorrow. When Tang unveiled the budget, he pledged to give short-term travel support to the financially needy who have completed full-time courses with the Employees Retraining Board but who are not receiving welfare. At that time, the trial scheme was limited to residents of Tin Shui Wai, Tung Chung and North District. Nelson Chow, a professor of social work at Hong Kong University and also a member of the Commission on Poverty, said the pilot program is to help those receiving retraining and those who have found jobs in urban areas.

``It's expected there won't be that many people eligible for the program. It'll not increase the government's expenditure greatly,'' he said.

He said the commission will review the pilot scheme after a year or two.

Social sector lawmaker Fernando Cheung welcomed the decision to extend the program to Tuen Mun, a region where the cost of commuting to and from work is high.

However, he was not satisfied that the proposal only covered those who are over 30.

Cheung urged the government to offer help to workers in other poverty- stricken regions such as Sham Shui Po, Kwun Tong and Kwai Tsing.

Hong Kong Association for Democracy and People's Livelihood chairman Frederick Fung said the government should get the Social Welfare Department or the Labour Department to tighten the scrutiny and approval system to deter welfare fraud.

Society for Community Organization organizer Sze Lai-shan believed the measure will help motivate people in remote areas to seek jobs.
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Old April 3rd, 2006, 07:10 AM   #359
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Old April 7th, 2006, 12:49 AM   #360
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