The Hong Kong government must ensure its massive HK$1.8 billion (US$229.8 million) subsidy for diesel to mitigate record-high oil prices for the transport sector is not exploited by fuel companies through discount manipulations, an industry leader and a lawmaker have cautioned.
Their warnings came shortly after authorities announced a two-month, HK$3-per-litre (38 US cents) diesel relief measure on Thursday to cushion the impact on transport companies amid the ongoing Middle East conflict, with…
Hong Kong government must guard against exploitation of diesel subsidy, experts warn
