How Not to Budget for Hong Kong

How Not to Budget for Hong Kong

The 2020-21 Budget demonstrates the Hong Kong government’s inability to address structural reforms and responsibly plan for the city’s fiscal future. Photo: Hong Kong by…

Tapping into betting duties and heated tobacco products as alternative revenue streams

Tapping into betting duties and heated tobacco products as alternative revenue streams

In times of trouble, the government should open its options and pursue new revenue streams instead of driving deficits.

Budget gaps make IT sector vulnerable to threats

Budget gaps make IT sector vulnerable to threats

Although the government is pouring out billions to keep Hong Kong afloat, the lack of specificity in its funding won’t benefit the IT sector in…

Handouts a focus of debate as Hong Kong set to deliver annual budget

Handouts a focus of debate as Hong Kong set to deliver annual budget

One-off subsidies are not the answer to Hong Kong’s economic downturn, experts suggest. Photo: Victoria Harbour by Bernard Spragg

HK Budget: No surprises

HK Budget: No surprises

Hong Kong’s budget, released Feb. 27, was focused on health care and welfare but included virtually no innovative initiatives while critics raised doubts about how…

Budget Time in Hong Kong

Budget Time in Hong Kong

Ever since the public consultation for the 2019-20 Budget started in December, different groups are preparing recommendations for Hong Kong’s financial chief Mr Paul Chan…

Funding alone is not enough to promote innovation and technology, says IT industry

Funding alone is not enough to promote innovation and technology, says IT industry

“We need a blueprint, not a short-term work plan,” said insiders from the IT industry in a seminar on Tuesday, held to discuss how funding…

Enhanced elderly care: Hong Kong’s answer to sharp growth in elderly population

Enhanced elderly care: Hong Kong’s answer to sharp growth in elderly population

While Hong Kong’s latest budget seemed to have focused on financial issues, such as whether to distribute cash-handouts to local residents, finance chief Chan Mo-po…

New super tax deduction may not be as inclusive as it seems

New super tax deduction may not be as inclusive as it seems

In order to encourage R&D to be conducted in Hong Kong, the government proposed in its new budget a super tax deduction of 300 percent…

Renters and landlords: GIMMEE A BREAK!

Renters and landlords: GIMMEE A BREAK!

The lack of focus on real estate problems in the latest budget seems to have annoyed some Hong Kong citizens. Hong Kong’s 2017-18 Budget revealed…