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Mr Brian Dagnall, JP
Aged 55, Mr Brian Dagnall first joined the Hong Kong Government as Chief Treasury Accountant in October 1981. He was promoted to Assistant Director of Accounting Services in June 1988 and to his present rank of Deputy Director of Accounting Services in April 1994.
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Tram fare increase approved by ExCo
The Governor-in-Council today (Tuesday) approved a fare increase for the Hongkong Tramways Limited (HKT) with effect from January 12, 1997.
Under the new fare structure, adult fares will be increased from $1.20 to $1.60, child fares from 60 cents to 80 cents, and monthly ticket from $100 to $135 accordingly.
A Government spokesman said that tram fares were last increased on February 6, 1994 and the recommended increases were small in absolute terms.
He noted that tram fares were still relatively low compared with those of other modes of public transport.
The spokesman also pointed out that HKT was expected to incur a loss in 1996, and its projected profit for 1997, even after the fare increase, was much lower than its average profit in the past five years.
"A lower rate of increase would not enable HKT to recover its operating costs and would make a higher fare increase in the future inevitable.
"HKT has also drawn up plans to improve tram safety through the upgrading of tram cars, an accelerated track replacement programme, and better training for staff," he added.
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