News
Hong Kong hits operating surplus as fiscal reserves rise: S&P
Hong Kong hits operating surplus as fiscal reserves rise: S&P
Economic growth and market activity underpin surplus and infrastructure plans.
Hong Kong allocates $65m for workforce development
Schools are also launching new programmes for aviation and finance.
Government to launch new hydrogen certification system
It will align the region with Mainland China and international markets.
Hong Kong injects $1b in construction and tech fund to advance professional dev’t
The funding supports training and technology adoption.
Tourism Board gets $1.66b under 2026 Budget
The funding targets events and higher-spending visitors.
New rate concessions and tax cuts to slash costs for enterprises
Financial Secretary Chan announces a 100% profits tax reduction in his Budget Speech.
Gov’t freezes commercial land sales as 98,000-unit housing blitz begins
The 2026 Budget targets 196,000 public housing units over five years, up 80%.
Hong Kong unleashes $80m "IP Blitz" to monetise local patents
The 2026 Budget backs IP Academy and pilot scheme to turn R&D into tradable assets.
HK budget pivots to tech and talent amidst commercial property stagnation
Property impact is indirect, the firm says.
HKIA Terminal 2 departure hall to open in May
Budget says new facilities will lift capacity.
HKIC to get fresh capital after 190 investments
Budget flags more funding for HKIC.
Hong Kong sets task force to align with 15th plan
Chief Executive to lead cross-bureau task force.
Hong Kong faces five-year capital deficit as infrastructure spending peaks
Capital Account will remain in the red until 2031, driven by a massive infrastructure push that will be funded by a bond program.
Hong Kong eases stamp duty and eyes gold tax incentives
They will also help set up a trade association for the gold industry, said FS Chan.
Government eyes private land conversion in Northern Metropolis
The administration is exploring ways to encourage developers to partner with technology key enterprises.
Gov't allocates $100m to lure large-scale exhibitions
The funding will be used on a pilot basis in collaboration with relevant organisations.
MPFA to roll out 'MPF Full Portability' phase one this year
The move covers employees hired from 1 May 2025.
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