Amid soaring fuel costs, Hong Kong plans to introduce a two-month subsidy for liquefied petroleum gas used by various public transport vehicles. The subsidy, which starts in May, aims to ease operational pressures on local taxi and minibus services.

Hong Kong will introduce a two-month subsidy for liquefied petroleum gas (LPG) used by taxis, minibuses and school buses from May, amid soaring fuel prices, while a previously announced diesel subsidy will take effect on Thursday. Financial Secretary Paul Chan Mo-po said on Wednesday that the interdepartmental task force monitoring fuel price movements had proposed a 50 HK cents per litre subsidy for two months, starting in May, to alleviate operational pressure on taxis and minibuses, among...