The Chief Executive and the Executive Council reviewed the fare increase applications from the franchised bus operators yesterday (17th), approving a 4.3% increase for KMB, a 7.5% increase for Citybus (urban and New Territories), and a 6.5% increase for Lantau Bus, all effective from January 5 next year.

During an interview with Radio Hong Kong, the Director of the Transport Department, Li Chung Yan, stated that the Hong Kong government had taken a cautious approach in reviewing the applications, considering factors such as the operational performance of the bus companies in the past, future financial performance forecasts, and the affordability for citizens. The approved fare increases will allow bus companies to be financially more stable, and it is hoped that the companies can make corresponding investments in fleet and depot establishment and align with government green transport policies in the future.

Li Chung Yan also emphasized an understanding of the public's concerns about bus service disruptions and manpower shortages. He mentioned that the bus companies have implemented many measures since the normal operations resumed and that the rate of service disruptions has greatly improved after hiring sufficient bus drivers. The bus companies also have measures for monitoring drivers, and the Hong Kong government will continue to closely monitor the performance of bus services.