Hong Kong to Cut Spending by 7%, Invest in AI to Tackle Economic Challenges
Hong Kong is set to reduce public recurrent expenditure by 7% by 2027/28 to curb a rising deficit while making a major push into artificial intelligence (AI) to counter global economic uncertainty, geopolitical tensions,
Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a ...
While delivering the 2025-26 budget at the HKSAR's Legislative Council, Paul Chan said that AI is at the core of developing ...
Though Hong Kong’s economy grew at a modest pace of 2.5% in 2024, China’s stimulus measures lifted investor sentiment, ...
Finance chief says city will set up the Hong Kong AI Research and Development Institute to explore application possibilities.
A must-attend content marketplace for industry elites, FILMART serves as the gateway to the Asian entertainment market. The ...
China and Hong Kong stock markets surged on a renewed push for AI innovation, with major financials experiencing gains. The ...
From axing 10,000 government jobs to raising the airport departure tax , here is a look at Financial Secretary Paul Chan’s ...
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