Hong Kong's 2025-26 Budget Advances Innovation and Technology
HONG KONG SAR - Media OutReach Newswire - 28 February 2025 - Driving innovation and technology was a key focus of Hong Kong SAR's Financial Secretary Paul Chan's 2025-26 Budget. Identifying Artificial Intelligence (AI) as being at its core,
These Are the Winners and Losers From Hong Kong’s 2025 Budget
Hong Kong’s technology enterprises are set to benefit from the city’s annual budget as the government plans to roll out investments in artificial intelligence research.
Hong Kong budget 2025: everything you need to know from AI to basketball betting
From axing 10,000 government jobs to raising the airport departure tax , here is a look at Financial Secretary Paul Chan’s plan to balance Hong Kong’s books.
Budget 2025: Hong Kong taxpayers will see lower tax reduction in 2025-6
Hong Kong’s finance chief Paul Chan has announced reductions in both salary and profits tax cuts in his latest budget speech. In the coming fiscal year, salaries tax, as well as tax under personal assessment,
Budget 2025: Well-off Hong Kong daunted by record deficits
Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts.
Hong Kong Budget 2025-26: What Businesses Need to Know
Emphasizing fiscal sustainability and economic recovery, the Budget 2025-26 sets the foundation for a resilient and competitive Hong Kong.
Hong Kong pledges $127.67 million to create AI institute
Hong Kong said on Wednesday that it is setting aside $127.67 million to create an artificial intelligence research institute that will conduct research and development.
Budget 2025: pay freeze for Hong Kong public servants, commercial land sales paused – as it happened
Chan on Wednesday also revealed the deficit had reached HK$87.2 billion (US$11.2 billion) for the 2024-25 financial year. He ...
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Budget 2025: Hong Kong logs estimated HK$87.2 billion deficit, will cut spending by 7% over coming 3 years
Hong Kong will cut government spending by 7 per cent over the coming three years, Financial Secretary Paul Chan has announced ...
Hong Kong budget looks to tackle deficit blowout amid economic headwinds
Hong Kong is expected to focus on steps to curb spending in its annual budget on Wednesday, as it seeks to tackle a fiscal ...
Hong Kong to raise airport departure tax by 67% to HK$200
Finance chief Paul Chan says move will increase revenue by HK$1.6 billion per year, adding impact on air passengers will be ...
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Budget 2025: Hong Kong to put commercial land sales on hold amid high vacancy rates, weak property market
HK will put commercial land sales on hold in the upcoming fiscal year, the finance chief has said, citing high vacancy rates ...
Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit
Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an ...