Hong Kong, AI

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.
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.
Hong Kong government earmarks $128 million for new AI research institute and aims to cut public spending
Hong Kong's government has earmarked 1 billion Hong Kong dollars ($128.67 million) for the establishment of a new artificial intelligence research institute. It expects its economy to grow at an average rate of 2.
Hong Kong to slash public spending, build AI institute
Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including
Hong Kong flags spending cut, AI push in bid to reverse booming deficit
Hong Kong aims to cut public recurrent expenditure by 7% from now till 2027/28 to rein in a rising deficit and plans a big AI push as it tries to mitigate headwinds from global economic uncertainty, geopolitical tensions and a weak property market.
Hong Kong to Cut Spending by 7%, Invest in AI to Tackle Economic Challenges
Hong Kong is set to reduce public recurrent expenditure by 7% by 2027/28 to curb a rising deficit while making a major push into artificial intelligence (AI) to counter global economic uncertainty, geopolitical tensions,
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