• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Nine killed in small plane crash in southern Florida

    ProHance Launches AI Adoption Index to Show What AI Is Changing at Work

    ‘Dedicate’ Premieres in the Philippines as Millions Worldwide are Getting a Glimpse of Young Latter-day Saints ahead of the Salt Lake Temple Celebration

    ‘Dedicate’ Premieres in the Philippines as Millions Worldwide are Getting a Glimpse of Young Latter-day Saints ahead of the Salt Lake Temple Celebration

    Hong Kong Investors Pay Over HK$7.3 Billion in Annual Trading Fees, 65% of Investors Underestimate Impact of Trading fees on Returns, The Era of AI Agentic Trading Could Further Amplify Trading Friction

    Webull Australia doubles down on its adviser platform as Australian financial advisers face capacity squeeze

    Houthi media issue fresh threats against Saudi targets

    Canadian PM hints at improving relations with US

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Cathay Cargo Launches AI Compliance Tool to Streamline Global Trade Operations

    PCCW Global and Druid Technology Partner on Belt and Road IoT Connectivity

    Alipay Launches Domestic Full-Stack Intelligent Agent Platform in Hangzhou

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Nine killed in small plane crash in southern Florida

    ProHance Launches AI Adoption Index to Show What AI Is Changing at Work

    ‘Dedicate’ Premieres in the Philippines as Millions Worldwide are Getting a Glimpse of Young Latter-day Saints ahead of the Salt Lake Temple Celebration

    ‘Dedicate’ Premieres in the Philippines as Millions Worldwide are Getting a Glimpse of Young Latter-day Saints ahead of the Salt Lake Temple Celebration

    Hong Kong Investors Pay Over HK$7.3 Billion in Annual Trading Fees, 65% of Investors Underestimate Impact of Trading fees on Returns, The Era of AI Agentic Trading Could Further Amplify Trading Friction

    Webull Australia doubles down on its adviser platform as Australian financial advisers face capacity squeeze

    Houthi media issue fresh threats against Saudi targets

    Canadian PM hints at improving relations with US

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Cathay Cargo Launches AI Compliance Tool to Streamline Global Trade Operations

    PCCW Global and Druid Technology Partner on Belt and Road IoT Connectivity

    Alipay Launches Domestic Full-Stack Intelligent Agent Platform in Hangzhou

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

Balance the aim on ride-hailing: CE

Purton by Purton
19 May 2026
in News
0
Car hailing bill to be gazetted
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

(To watch the full media session with sign language interpretation, click here.)

 

Chief Executive John Lee said today the Government will consider views from all parties and strike a balance among different factors when it comes to enacting subsidiary legislation on ride-hailing.

 

The Government put in place a legal framework for the regulation of ride-hailing services, and enacted principal legislation, last October. This stipulated that it is necessary for the Government to impose control on the total number of ride-hailing vehicle permits issued.

 

Ahead of this morning’s Executive Council meeting this morning, Mr Lee said a balance will be struck among three factors at the first stage of implementing overall control.

 

He remarked: “First, address the public’s travel needs so that their riding experience remains more or less the same.

 

“Second, take into account Hong Kong’s unique circumstances, including road capacity and the fact that nearly 90% of daily passenger trips are made using public transport services.

 

“Third, establish a mechanism to monitor actual market operations and data. Conduct dynamic assessments and reviews.”

 

Mr Lee reaffirmed that the Government’s objective in setting up the regulatory regime for ride-hailing services is to ensure that they operate within a lawful, appropriate and safe framework, while also fostering healthy competition and complementarity between taxi and ride-hailing services, thereby enhancing the overall quality of point-to-point transport services and providing the public with more convenience and options.

 

The Chief Executive added that while putting a regulatory regime in place, the Government will introduce enhanced penalties and tighten vehicle empowerment arrangements to combat unlicensed vehicle operations, so as to protect lawful and compliant operators, as well as passengers.

 

The Government will consider views from all parties, as well as relevant data, and aim to submit subsidiary legislation to the Legislative Council within the first half of this year.

Tags: Hong Konglocal
Purton

Purton

Read More

HK rises as mainland markets rebound on policy talk

2 November 2026

Govt pledges ‘one-stop liaison service’ for homeowners

2 November 2026
  • Trending
  • Comments
  • Latest

Indian Australian Businessman Dushyant Khanna Co-Chairs US$1 Trillion iBRICS Summit by SWFI in New Delhi

29 September 2026

Court backs Pentagon action over Anthropic

26 September 2026

Smart fire systems now a go at high-rise buildings

14 October 2026

Millions cast early votes in US midterms

31 October 2026

Nine killed in small plane crash in southern Florida

2 November 2026

ProHance Launches AI Adoption Index to Show What AI Is Changing at Work

2 November 2026
‘Dedicate’ Premieres in the Philippines as Millions Worldwide are Getting a Glimpse of Young Latter-day Saints ahead of the Salt Lake Temple Celebration

‘Dedicate’ Premieres in the Philippines as Millions Worldwide are Getting a Glimpse of Young Latter-day Saints ahead of the Salt Lake Temple Celebration

2 November 2026
Hong Kong Investors Pay Over HK$7.3 Billion in Annual Trading Fees, 65% of Investors Underestimate Impact of Trading fees on Returns, The Era of AI Agentic Trading Could Further Amplify Trading Friction

Webull Australia doubles down on its adviser platform as Australian financial advisers face capacity squeeze

2 November 2026

Recent News

Nine killed in small plane crash in southern Florida

2 November 2026

ProHance Launches AI Adoption Index to Show What AI Is Changing at Work

2 November 2026
‘Dedicate’ Premieres in the Philippines as Millions Worldwide are Getting a Glimpse of Young Latter-day Saints ahead of the Salt Lake Temple Celebration

‘Dedicate’ Premieres in the Philippines as Millions Worldwide are Getting a Glimpse of Young Latter-day Saints ahead of the Salt Lake Temple Celebration

2 November 2026
Hong Kong Investors Pay Over HK$7.3 Billion in Annual Trading Fees, 65% of Investors Underestimate Impact of Trading fees on Returns, The Era of AI Agentic Trading Could Further Amplify Trading Friction

Webull Australia doubles down on its adviser platform as Australian financial advisers face capacity squeeze

2 November 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com