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"An increase of seven per cent is reasonable bearing in mind that KMB's operating costs rose by 15.8 per cent in 1994 and are expected to increase by 12.3 per cent in 1995.
"It is important that the operator be provided with the necessary incentive to invest and improve services,” he said.
The spokesman said KMB was providing a high quality and satisfactory service to the public and was actively seeking ways to improve its services further to meet passengers' demand and expectations.
"The company has also made a significant effort to reduce costs by rationalising its services and streamlining its operations," he said.
He said KMB had proposed to introduce nine new routes and implement 108 service improvement proposals in the next two years.
End/Tuesday, March 14, 1995
New Commission to consider views on remuneration package for Legislative Councillors
Following the publication of the Report of the Commission on Remuneration for Members of the Legislative Council last September, the Administration has received views and comments from Legislative Councillors and various interested groups.
A Government spokesman today (Tuesday) said these comments would be referred to the new Commission on Remuneration for Members of the Legislative Council for consideration.
"We shall ask the Commission to consider all the comments received and to advise whether any changes should be made to the recommendations in the report produced by the former Commission last year," the spokesman added.