Hong Kong Paul Chan - Search News

Hong Kong, Chan

Hong Kong’s Paul Chan cuts spending in budget, plots AI path to future growth

Finance chief eyes new revenue sources while freezing pay for public servants, cutting civil service positions and reducing education spending.

Business Times · 19h

Hong Kong expects modest growth in 2025 as Paul Chan looks to fight deficit

HONG Kong Financial Secretary Paul Chan said the economy will grow modestly this year, as he looks to shrink the city’s deficit while countering headwinds from a slowing Chinese economy and rising trade tensions with the US.

Bloomberg L.P. · 16h

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.

AI, Hong Kong and Civil Service Jobs

The Associated Press - Busines… · 14h

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 increasing deficit.

devdiscourse · 12h

Hong Kong Slashes Civil Service Jobs, Invests in AI to Combat Deficit

Hong Kong will cut thousands of civil service jobs and increase investments in artificial intelligence to address its growing deficit. Finance Secretary Paul Chan announced a 7% reduction in government spending and emphasized AI as a key sector for future growth.

Hong Kong to slash 10,000 civil service jobs, push AI in bid to reverse deficit

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 big AI push as it navigates headwinds from global economic uncertainty, geopolitical tensions and a weak property market.

12hon MSN

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 ...

11hon MSN

Hong Kong to launch scheme to facilitate tech listing applications

Hong Kong will launch a scheme to facilitate listings of tech companies on the stock exchange, the latest move to boost the ...

4h

Budget By Hong Kong SAR's Financial Secretary: Accelerating Development Through Reform And Innovation Media Outreach Newswire APAC

HONG KONG SAR - Media OutReach Newswire - 26 February 2025 - Paul Chan, Financial Secretary of the Hong Kong Special ...

18hon MSN

Hong Kong Looks to Shore Up Economy as Trade Risks Loom

The Asian financial hub will reduce salaries tax and businesses’ profit tax by 100%, subject to a ceiling of 1,500 Hong Kong ...

21h

Hong Kong Expects GDP Growth of 2% to 3% in 2025

HONG KONG (Reuters) - Hong Kong's economy is expected to grow 2% to 3% this year after growth of 2.5% in 2024, as authorities ...

Hong Kong Eyes 2-3% Growth in 2025 Amid Fiscal Challenges and Market Uncertainty

Hong Kongs economy is projected to expand between 2% and 3% in 2025, following a 2.5% growth rate in 2024, according to ...

1h

Hong Kong could rake in billions from basketball betting but experts have doubts

Government has invited the Hong Kong Jockey Club to submit a proposal on expanding its sports gambling options to include ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results