With the government facing a budget shortfall of almost HK$100 billion, all eyes will be on how the financial secretary plans ...

Hong Kong is facing a projected deficit of almost HKD$100 billion (US$13 billion) – double the city’s target – for the ...

Hong Kong authorities should consider gradually raising some service charges to a cost-recovery level for the government’s ...

Hong Kong is expected to focus on steps to curb spending in its annual budget on Wednesday, as it seeks to tackle a fiscal ...

Paul Chan, Hong Kong's Financial Secretary, will present the 2025-26 Budget tomorrow (26th). Chan will deliver his speech at ...

Hong Kong is aiming to curb spending in its annual budget to address a fiscal deficit expected to double the city's target.

There may be limited options for generating the kind of revenue needed to plug an expected shortfall of 100 billion Hong Kong ...

Hong Kong's education sector could face funding cuts as Financial Secretary Paul Chan prepares to deliver his budget speech ...

Basketball gambling could bring in billions in government revenue if it follows 50 per cent duty levied on football betting.

Hong Kong is considering legalizing basketball betting to tap into an estimated HK$52.5 billion ($6.7 billion) market, as the ...

Authorities currently charge as much as 75% duty on the net proceeds from betting on horse races and 50% for football matches ...