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ExCo approves NWFB's Fare Increase |
 | | NWFB submitted an application on November 1, 2000 for an average fare increase of 9.2 per cent on all its services. |
 | | For NWFB's local routes, the Committee's view is that the fare increases to be permitted should only result in an overall increase of not more than 3%, instead of the 9.2% requested by NWFB. |
 | | Under either option, NWFB's average rate of return would remain relatively low, as compared with the industry average; but it should, in the Committee's view, still be able to encourage the company to continue to invest in and improve its services. |
| www.info.gov.hk /gia/general/200104/17/0417198.htm (1006 words) |
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