1 week ago Hong Kong social welfare groups fear budget cuts will hurt service

Welfare chief Chris Sun meets representatives over 7 per cent funding cut, which has stirred concerns over service quality and manpower retention.

Economics

1 week ago Western countries would envy Hong Kong’s financial position, experts say

Economists highlight city’s huge reserves at a panel discussion at Post’s Redefining Hong Kong Series 2025: Budget Edition forum.

Politics

1 week ago ‘We need to grow’: Hong Kong’s Paul Chan on geopolitics and a budget for the future

Hong Kong will press on with Northern Metropolis project and push for mass adoption of AI, finance chief Paul Chan pledges at Post budget forum.

Politics

1 week ago Hong Kong’s Paul Chan on geopolitics and budget for future: ‘we need to grow’

Hong Kong will press on with Northern Metropolis project and push for mass adoption of AI, finance chief Paul Chan pledges at Post budget forum.

Politics

1 week ago Why Hong Kong’s austere budget is hard for the public to swallow

With the bulk of cost-cutting aimed at the elderly, children, families and education, for the government to exempt itself is not a good look.

Politics

1 week ago Hong Kong’s Paul Chan should have been ‘bolder’ in his budget, economists say

‘There are some cost-cutting measures but they are only a piecemeal and definitely not a game-changer,’ Gary Ng says.

Economics

2 w. ago Hong Kong government slams US senators over resolution on city’s autonomy

Resolution submitted by senators Jim Risch and Jeanne Shaheen a day after Hong Kong finance chief announces city’s budget.

Politics

2 w. ago Budget 2025: how much will Hong Kong save and does plan differ from past?

From universities and civil service to students and elderly, the Post looks at where finance chief Paul Chan hopes to cut down on spending.

Politics

2 w. ago Hong Kong budget 2025: everything you need to know from AI to basketball betting

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

Politics

2 w. ago ‘Mild’ Hong Kong budget fails to deliver amid structural deficit fears: analysts

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

Events

2 w. ago 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.

Economics

2 w. ago Budget 2025: how is Paul Chan planning to balance Hong Kong’s books?

Finance secretary lays out new and increased fees to boost revenue and a string of cutbacks to reduce government’s expenditure.

Economics

2 w. ago Budget 2025: Hong Kong to bolster role in wealth, listings, digital assets, yuan

‘We are pressing ahead with high-quality development of Hong Kong’s international financial market,’ financial secretary says.

Economics

2 w. ago Budget 2025: Hong Kong’s land sale halt is ‘too little too late’ to ease office oversupply

The current oversupply – expected to reach 3 million square feet (278,710 square metres) in the coming months – would take between seven and 10 years to digest.

Economics

2 w. ago Budget 2025: pay freeze for all Hong Kong public servants, 10,000 posts axed

Massive HK$1 billion AI plan for city, as Paul Chan unveils budget aimed at reducing spending.

Economics

2 w. ago Budget 2025 live: pay freeze for all Hong Kong public servants, 10,000 posts axed

Massive HK$1 billion AI plan for city, the Post learns, as Paul Chan unveils budget aimed at reducing spending.

Economics

2 w. ago Budget 2025 live: Hong Kong to study legalising basketball betting, Jockey Club to make proposal

Deficit reaches HK$87.2 billion in 2024-25, below the revised estimate of HK$100 billion, as Paul Chan unveils budget.

Society

2 w. ago Budget 2025 live: Hong Kong freezes pay of public servants, axes 10,000 civil service posts

Freeze to cover lawmakers and judiciary, while sales of commercial land paused and legalisation of basketball betting to be studied, Paul Chan says.

Economics

2 w. ago Budget 2025 live: Hong Kong civil service salary freeze ‘suitable’ option, Paul Chan says

Finance minister also says authorities have struck balance between ‘good intentions’ of HK$2 fare scheme and its costs by capping trips.

Economics

2 w. ago Budget 2025: pay freeze for Hong Kong public servants, commercial land sales paused – as it happened

Changes to HK$2 fare scheme help balance ‘good intentions’ of policy and its costs, finance chief says.

Economics