The deficit figure marks the third consecutive shortfall after the city recorded a deficit of HK$122 billion in 2022/23, and HK$101.6 billion last year. Facing bumper deficits and a faltering economy, ...

A total of HK$1 billion will be earmarked to set up an Artificial Intelligence (AI) research and development institute, Hong Kong’s finance chief has announced. The government’s Digital Policy Office, ...

Hong Kong's League of Social Democrats have called off a protest outside government headquarters ahead of the annual budget ...

Hong Kong's finance chief Paul Chan has announced reductions in both salary and profits tax cuts in his latest budget speech.

HK will freeze salaries of public servants - including the chief executive, political appointees, and lawmakers - finance chief Paul Chan has said.

Over HK$1.23 billion will be allocated to promote tourism as HK seeks to lure visitors from the Middle East and Southeast ...

Chinese President Xi Jinping told top officials on Wednesday that Beijing should address domestic and international ...

Chinese authorities appear to have censored a document showing plans to spend more than US$6.6 million this year on training ...

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

Hong Kong will raise fines for traffic-related offences and increase fees for parking meters, Financial Secretary Paul Chan ...

HK will put commercial land sales on hold in the upcoming fiscal year, the finance chief has said, citing high vacancy rates ...

The use of the HK$2 public transport fare for elderly residents and other eligible individuals will be capped at 240 trips ...