Hong Kong to Introduce LPG Subsidy for Taxis, Minibuses from May

Hong Kong will introduce a two-month subsidy for liquefied petroleum gas (LPG) used by taxis, minibuses and school buses from May, amid soaring fuel prices, while a previously announced diesel subsidy will take effect on Thursday. "Since most minibuses and taxis run on LPG, this will put considerable pressure on their operations," the finance chief said. "To mitigate the impact on public services, the task force recommends a subsidy of 50 HK cents per litre of LPG for taxis, public minibuses and private school buses for two months."