Economists highlight city’s huge reserves at a panel discussion at Post’s Redefining Hong Kong Series 2025: Budget Edition ...

It’s only right that their salaries should be cut - civil servants are paid a lot anyway,” said Wong, a 73-year-old Hong Kong ...

The current oversupply – expected to reach 3 million square feet (278,710 square metres) in the coming months – would take ...

Hong Kong will cut government spending by 7 per cent over the coming three years, Financial Secretary Paul Chan has announced ...

Chan on Wednesday also revealed the deficit had reached HK$87.2 billion (US$11.2 billion) for the 2024-25 financial year. He ...

Emphasizing fiscal sustainability and economic recovery, the Budget 2025-26 sets the foundation for a resilient and ...

The deficit figure marks the third consecutive shortfall after the city recorded a deficit of HK$122 billion in 2022/23, and ...

Hong Kong’s technology enterprises are set to benefit from the city’s annual budget as the government plans to roll out ...

Hong Kong’s finance chief Paul Chan has announced reductions in both salary and profits tax cuts in his latest budget speech.

HONG KONG SAR - Media OutReach Newswire - 28 February 2025 - Driving innovation and technology was a key focus of Hong Kong ...

Finance chief Paul Chan has presented 'very generous' budget at time when city needs bold solutions to deficit woes, experts ...

Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an ...