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

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 ...

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

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

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

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

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

From axing 10,000 government jobs to raising the airport departure tax , here is a look at Financial Secretary Paul Chan’s ...

Facing bumper deficits and a faltering economy, finance chief Paul Chan sought to make savings as he delivered the 2025 ...

Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts ...

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 ...