🌏 Asia 4d ago · Lo Hoi-ying

Industrial costs up 50% in Hong Kong since start of Middle East war: oil executive

South China Morning Post
View Channel →
Industrial costs up 50% in Hong Kong since start of Middle East war: oil executive
Source ↗ 👁 0 💬 0
Operating costs for Hong Kong’s industrial and commercial sectors have jumped by 50 per cent since the start of the United States-Israel war with Iran, according to an oil industry representative, who has said distributors will pass on subsidies to customers.
A taxi union leader on Thursday also called on the government to extend its subsidy on liquefied petroleum gas (LPG) beyond two months if oil prices rose further.
The government’s subsidy of HK$3 (38 US cents) per litre of diesel to support

Comments (0)

Sign in to join the discussion

More Like This

TVK dominates Chennai with leads in 14 seats, DMK cut down to 2
Business News Today: Latest Business News, Finance News · 5h ago
📰
ECI Election Results 2026 LIVE: BJP dominates Bengal; UDF crosses majority in Kerala; Ruling AINRC poised for win in Puducherry
Business News Today: Latest Business News, Finance News · 5h ago
RBI, IRDAI not inclined to allow commodity derivative investments, SEBI says
Business News Today: Latest Business News, Finance News · 5h ago
Tectonic shift in West Bengal as BJP leads in 167 seats, well past majority mark in early trends
Business News Today: Latest Business News, Finance News · 5h ago
📰
Tamil Nadu Assembly Election Results 2026 LIVE: Vijay's TVK 'whistle' crosses 100-seat mark; DMK third, hung assembly likely
Business News Today: Latest Business News, Finance News · 5h ago
📰
Sensex today | Stock Market Live Updates: Sensex, Nifty advance 1% but crude, geopolitics keep outlook cautious
Business News Today: Latest Business News, Finance News · 6h ago