Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit
Hong Kong’s deficit had reached $87.2 billion Hong Kong dollars ($11.2 billion) for the financial year of 2024-2025, making it the third straight year of losses. “It gives us a clear pathway towards the goal of restoring fiscal balance,
From axing 10,000 government jobs to raising the airport departure tax , here is a look at Financial Secretary Paul Chan’s ...
Financial and real estate markets are not expected to receive a boost by measures announced during the Hong Kong Budget 2025, ...
Hong Kong is expected to focus on steps to curb spending in its annual budget on Wednesday, as it seeks to tackle a fiscal ...
Chan on Wednesday also revealed the deficit had reached HK$87.2 billion (US$11.2 billion) for the 2024-25 financial year. He ...
Hong Kong’s technology enterprises are set to benefit from the city’s annual budget as the government plans to roll out ...
Hong Kong Finance Secretary Paul Chan has unveiled a "belt-tightening" budget aimed at ending the city's series of ...
Financial Secretary of Paul Chan Mo-po delivered the 2025-26 Budget on Wednesday, aiming to enhance Hong Kong's role as a ...
On February 26, Hong Kong financial secretary Paul Chan delivered the 2025-26 Hong Kong budget report – which sees a ...
Hong Kong officials this week will unveil plans on how they’ll solve the mounting challenges facing Asia’s financial capital ...
HK will put commercial land sales on hold in the upcoming fiscal year, the finance chief has said, citing high vacancy rates ...
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