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

  • 📰 straits_times
  • ⏱ Reading Time:
  • 13 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 69%

Business News

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada 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 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.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Nomura 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.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »