RailIndustry

Train Travelers Brace for More Pain as Fares Soar by 4.6%

2 months ago

In a disheartening development for millions of rail passengers, train fares across the UK are set to rise by an alarming 4.6% come next spring. This increase marks yet another burden on the shoulders of commuters and leisure travelers alike, who are already grappling with the rising cost of living and fuel prices. The change, announced by the government, has raised eyebrows and sparked indignation among customer advocacy groups and regular travelers, many of whom are questioning the justification for such a hike amid economic uncertainties.

Hong Kong's MTR Corporation Considers Bond Issuance and Asset Sales Amid Financial Strain

4 months ago

In light of challenging financial conditions and an extensive capital expenditure plan, the Hong Kong Mass Transit Railway Corporation (MTR Corp) is contemplating various strategies to bolster its financial stability. Recent reports indicate that the company is exploring options such as issuing bonds and divesting select assets to secure necessary funds for future developments.