Critics urge government to scale back public transport subsidy for Hong Kong seniors

Jan 14, 2021 | INVESTING

Critics have urged the Hong Kong government to impose restrictions on a public transport subsidy scheme for local seniors so as to curb possible abuse and overuse, and to help alleviate its long-term financial impact on the city’s coffers.Wednesday’s calls for restraint came one day after the government announced that some 600,000 Hong Kong residents aged 60 to 64 would need to apply for new, personalised Octopus cards with their name and photo to take advantage of the scheme, which offers HK$2…

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