Hong Kong can support taxi sector by using levies to create fund: Uber executive

Hong Kong’s taxi trade and ride-hailing services can work together on the same platform, Uber’s global head of public policy has said, while suggesting that authorities look at how other jurisdictions have adapted and used levies to set up a fund to support cabbies.

In an interview with the Post, Andrew Byrne said that Hong Kong could learn from Australia’s use of a A$1.2 (78 US cents) levy, initially set at A$1, on ride-hailing and taxi services to compensate cabbies impacted by the legalisation of online ride-sharing platforms.

“So, I think, perhaps referring to a scheme that exists in Australia at the moment, where in every taxi ride and every Uber ride there is an A$1 fee that is collected as part of that service, and that goes into a fund to help taxi drivers with any hardships they encounter as part of the transition to a new kind of service,” he said.

Under the policy, which was introduced in 2018, Uber is required to collect the levy on behalf of the government and pay it into the fund.

A similar idea has already been submitted to Hong Kong authorities for its planned regulatory regime for online ride-hailing service platforms.

Byrne also said that the licensing fee for registering ride-hailing drivers should not be too high, or it would deter people from joining the trade.

Source link

Visited 1 times, 1 visit(s) today

Related Article

Hong Kong Summer Viva - TTR Weekly

Hong Kong Summer Viva – TTR Weekly

HONG KONG, 9 June 2025: This summer, Hong Kong invites the world to experience “Hong Kong Summer Viva” featuring theme park parties and island escapes to action-packed sports events. Theme park celebrations Starting 28 June, Hong Kong Disneyland Resort (HKDL) celebrates its 20th anniversary with a year-long extravaganza filled with three unmissable festivities, including a

Hong Kong rate slump is a warning light for global markets

Hong Kong rate slump is a warning light for global markets

Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. For the past month or more, overnight interest rates in Hong Kong have been stuck just above zero per cent. Since everyone got used to ultra-low interest rates during the last couple of decades, it may

Hong Kong students eyeing US universities advised to check social media accounts

Hong Kong students eyeing US universities advised to check social media accounts

Hong Kong students hoping to attend universities in the US should review their social media for content related to the country’s politics, an education consultant has advised, as uncertainties swirled amid reported flip-flopping over whether consulates could process visa applications for Harvard. Consultants on Sunday told the Post they were still trying to get confirmation

‘Vicious circle’ for Hong Kong restaurants: how many more on the chopping block?

‘Vicious circle’ for Hong Kong restaurants: how many more on the chopping block?

Hong Kong’s restaurant industry faces a bleak second half of the year as both low-cost and high-end operators succumb to the economic slowdown, sector leaders have warned, putting part of the blame on the trend of residents heading across the border to spend. Industry representatives gave their grim assessment on Sunday, just days after King

0
Would love your thoughts, please comment.x
()
x