WNA Globe

World News by Wild Rose

#funding ร—

Free travel for students welcomed while funding issues is flagged

The free student bus pass programme was among the key welfare announcements made by the newly sworn-in Chief Minister D.K. Shivakumar-led Congress government on Wednesday

Can Hongkong Post be saved or should it become a taxpayer-funded public service?

Hongkong Postโ€™s worsening financial situation may require not only an injection of funds but also a return to being a government-funded department providing basic public services, observers have said. The analystsโ€™ views follow the authoritiesโ€™ plan to inject HK$4.6 billion (US$587 million) as a lifeline to support Hongkong Postโ€™s operations over the next three years, amid similar losses faced by postal operators worldwide. Hongkong Post has operated on a self-funding basis since 1995, following...