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 flags spending cut, AI push in bid to reverse booming deficit
Hong Kong aims to cut public recurrent expenditure by 7% from now till 2027/28 to rein in a rising deficit and plans a big AI push as it tries to mitigate headwinds from global economic uncertainty, ...
Interests partly align behind Hong Kong bourse CEO
In cards you play the cards you’re dealt, and Hong Kong Exchanges and Clearing looks at last to have a decent hand. Chief Executive Bonnie Chan caps her first year with the delivery of annual results ...
Cost control, bond issuance will be key for Hong Kong’s budget deficit: Economist
Raymond Yeung, Greater China Economist at ANZ, discusses Hong Kong government's options in tackling the budget deficit, adding the deficit may persist for several years due to a significant decline in ...
Hong Kong’s Stock Connect must upgrade to lure more foreign investors, industry body says
Asia Securities Industry and Financial Markets Association suggests implementing block trades in Stock Connect programme Foreign investors could become more confident about equity markets in Hong Kong ...
Hong Kong’s Canceled Digital Art Fair Failed to Secure Funding, Authorities Say
Digital Art Fair, which was set to open in March as part of Hong Kong Art Week, had been advertised on the websites of the Hong Kong Tourism Board and InvestHK, a government entity that deals in the ...
Hong Kong high court pulls winding-up petition against Shimao
The Hong Kong High Court has ordered the withdrawal of the winding-up petition against Chinese property company Shimao Group filed by CPYM Link Investment, Shimao said on Tuesday.
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 deficit likely to have widened to double the city's target amid rising global ...
NGO Hong Kong Unison considers disbanding after 24 years serving ethnic minorities, says ‘mission complete’
Hong Kong Unison, a non-profit organisation that has served the city’s ethnic minorities for over two decades, is planning to disband, its chairperson has told HKFP. Alice Chong, chair of Unison, said ...
Hong Kong’s Cross-Harbour Tunnel partially shut after falling concrete hits car
Police alerted at 1.06pm by driver involved in accident, with no injuries reported and tunnel reopened at 2.48pm after emergency repair works.
Unveiling the stories of Hong Kong’s early Japanese residents in Happy Valley’s cemetery
Meiji-era prostitutes, whose names are etched in stone, find a voice in a new book by Georgina Challen and Yoshiko Nakano One May day in 1884, a Japanese woman called Saki Kiya received a letter at ...
Hong Kong minibus driver arrested after pedestrian, 82, dies in collision
Hong Kong police have arrested a minibus driver on suspicion of drug and dangerous driving after a collision left an 82-year-old man dead. The force said on Tuesday that the minibus allegedly knocked ...
Hong Kong to tackle deficit, slower economic growth in budget
HONG Kong officials this week will unveil plans on how they will solve the mounting challenges facing Asia’s financial capital – chief among them slower growth and the longest string of fiscal ...
Take-offs and landings at Hong Kong airport reach post-pandemic high, but figures still fall short of 2019
Take-offs and landings at the city’s airport reached a post-pandemic high in January, the Airport Authority Hong Kong has said. The authority said in a press statement on Monday that flight movements ...