Hong Kong Weighs Disclosure Rule on Petrol Pricing to Curb Surge in Fuel Costs
Hong Kong authorities face pressure to rein in surging fuel prices, considering disclosure rule for petrol stations. Environment Minister Tse Chin-wan says the government is open to reviewing the policy to bring down fuel costs.
Hong Kong authorities are facing mounting pressure from lawmakers to roll out more measures to rein in surging fuel prices, including a requirement for firms to disclose pricing formulas when bidding for petrol stations β an idea the environment minister said could be considered. Secretary for Environment and Ecology Tse Chin-wan told the Legislative Council on Wednesday that the government was open to reviewing the current tender policy for petrol station sites to bring down soaring fuel...