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Hong Kong to cut thousands of civil service jobs

Hosted on MSN · 2h

Hong Kong flags 10,000 civil service job cuts, AI push in bid to reverse huge 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.

The Associated Press - Busines… · 1h

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.

Daily Journal · 3h

Hong Kong to slash public spending, civil service jobs

Hong Kong's finance chief unveiled a "belt-tightening" budget on Wednesday that aimed to end the city's string of record-high deficits by 2028 while seeking growth in areas such as artificial

Hosted on MSN · 5h

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.

PA Media on MSN · 3h

Hong Kong to cut thousands of civil service jobs and invest in AI

The government has outlined a ‘cumulative reduction’ of government recurrent expenditure by 7% from now until 2027-2028.

4h

13 things you need to know about in Hong Kong’s 2025 budget

Hong Kong’s finance chief has revealed a series of measures to strictly control government expenditure as the city grapples ...

1h

Hong Kong Stocks Jump on AI Spending Boost

Hong Kong stocks surged Wednesday as the region announced plans to cut thousands of civil service jobs and boost its spending ...

1d

China Market Update: Mainland Investors Buy The Dip In Hong Kong

Asian equities were largely lower despite a weaker US dollar overnight, as Japan outperformed and India underperformed.

8hon 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 ...

The Associated Press - Business News on MSN12d

Why some Hong Kongers live in homes smaller than a parking space, by the numbers

Landlords in Hong Kong, a city with a notoriously high cost of housing, have found they can make more money by dividing a ...

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