Hong Kong's Taxi Industry Cancels Strike After Government Pledges Crackdown on Illegal Ride-Hailing Services

Business News

Hong Kong's Taxi Industry Cancels Strike After Government Pledges Crackdown on Illegal Ride-Hailing Services
Hong Kong,Taxi Industry,Strike

Hong Kong's taxi industry has cancelled a planned strike by 1,000 drivers after the government promised to take stronger action against illegal ride-hailing services. The strike was called off temporarily following the government's offer. The taxi industry was unhappy with the government's inaction against app-based services like Uber and a proposed demerit-point system to penalise drivers for misconduct. The industry's difficulties have not garnered much public sympathy.

Hong Kong's taxi industry has cancelled a planned strike by 1,000 drivers after the government promised to take stronger action against illegal ride-hailing services. The strike was called off temporarily following the government's offer.

The taxi industry was unhappy with the government's inaction against app-based services like Uber and a proposed demerit-point system to penalise drivers for misconduct. The industry's difficulties have not garnered much public sympathy.

 

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Analysis:China holds the key to Hong Kong's shrinking stock marketAnalysis:China holds the key to Hong Kong's shrinking stock marketHONG KONG : Hong Kong's efforts to revive its shrinking stock market are mere stopgap solutions, as analysts say a reversal in fortunes for Asia's premier financial hub would not be possible without a major improvement in China's economic prospects.
Read more »

Nomura cuts about 10 investment banking jobs in Hong KongNomura cuts about 10 investment banking jobs in Hong KongSYDNEY : Japanese investment bank Nomura Holdings has laid off about 10 of its Hong Kong-based investment bankers, including some who were focused on China-related deals, said two sources with direct knowledge of the matter.
Read more »



Render Time: 2025-01-09 13:01:58