Sat, March 1, 2025
[ Sat, Mar 01st ]: MSN
AFPA Trust appoints three new ambassadors to support charitable initiatives
[ Sat, Mar 01st ]: cnbctv18
1,100 of 1,200 govt schemes now pay directly via DBT, says Finance Minister
[ Sat, Mar 01st ]: Reuters
Blackstone CEO Schwarzman's pay tops $1 billion in 2024, Bloomberg News reports
[ Sat, Mar 01st ]: AOL
The Upfront Summit, less than two months after the fires, draws tech's elite to Los Angeles
[ Sat, Mar 01st ]: Reuters
US regulators, in unusual move, raise concerns about new private credit ETF
[ Sat, Mar 01st ]: MSN
Is Berkshire Hathaway Stock Outperforming the S&P 500?
[ Sat, Mar 01st ]: Bankrate
Best brokerage account bonuses in March 2025
[ Sat, Mar 01st ]: manilatimes
SIMPPLE Ltd. Announces Transition of Chief Financial Officer
[ Sat, Mar 01st ]: cnbctv18
Top Stories | Markets log biggest weekly loss of .. 25, Q3 GDP meets estimates, new SEBI chief & more
[ Sat, Mar 01st ]: Reuters
Bank Secrecy Act: Compliance Issues
[ Sat, Mar 01st ]: Indiatimes
March 2025 Leo Predictions: Love, Career and Finance Predictions
Fri, February 28, 2025
[ Fri, Feb 28th ]: MSN
Mayor Mike Duggan delivers $3B Detroit budget with tax cuts, DDOT boost, homeless outreach
[ Fri, Feb 28th ]: fintechmagazine
Top 5 Stories in Fintech This Week
[ Fri, Feb 28th ]: Indiatimes
March 2025 Scorpio Predictions: Love, Career and Finance Predictions
[ Fri, Feb 28th ]: Indiatimes
March 2025 Libra Predictions: Love, Career and Finance Predictions
[ Fri, Feb 28th ]: Fortune
Engage Gen Z today, lead the market tomorrow
[ Fri, Feb 28th ]: AOL
Career advice from 10 Black American power brokers
[ Fri, Feb 28th ]: Forbes
Digitization Of Small Business Lending Helps Fill The Lending Gap
[ Fri, Feb 28th ]: Forbes
India's Stock Market Dip: Time To Buy Or Wait For Further Correction?
[ Fri, Feb 28th ]: MSN
Student loan borrowers face disruption as Biden's plans halted by court
Sun, February 23, 2025
[ Sun, Feb 23rd ]: Insider
I'm a millionaire and my partner makes $60K. I do .. k him to split bills 50-50 because it's not fair.
[ Sun, Feb 23rd ]: Forbes
Men Are Getting Filler Injected Into Their Genitals To Get Larger
[ Sun, Feb 23rd ]: AOL
Forget quiet luxury: America's wealthy 1% are adopting a bolder new approach
[ Sun, Feb 23rd ]: AOL
Warren Buffett: America's businesses 'usually find a way'
[ Sun, Feb 23rd ]: Kiplinger
Investing in Art: 10 Things You Should Know
[ Sun, Feb 23rd ]: GeekWire
Qualterra raises $4.5M to turn organic waste into carbon-trapping, crop-boosting biochar
[ Sun, Feb 23rd ]: Newsday
Keeping a bank account: A fearful, challenging process for some on Long Island
[ Sun, Feb 23rd ]: Tuko
Can Kenyans Buy Bread with Crypto? Experts Weigh in on Cryptocurrency Adoption and Everyday Use
[ Sun, Feb 23rd ]: businessday
Top 10 African countries with high sovereign wealth funds
[ Sun, Feb 23rd ]: Tuko
Well-off Hong Kong daunted by record deficits
[ Sun, Feb 23rd ]: Forbes
Why Personal Finance Pressures Can Affect Founder Exit Decisions
[ Sun, Feb 23rd ]: MSN
St. Paul Brewing worries city's new development plan will mean the end to their business
[ Sun, Feb 23rd ]: Variety
Warren Buffett Says 'It Won't Be Long' Before Greg Abel Succeeds Him as Berkshire Hathaway CEO
[ Sun, Feb 23rd ]: MSN
German elections: The leaders to watch
Sat, February 22, 2025
[ Sat, Feb 22nd ]: ESPN
NBL's Tasmania JackJumpers finally have a new owner
[ Sat, Feb 22nd ]: MarketWatch
Will your tax preparer save you money or make costly mistakes? Look for these red flags.
[ Sat, Feb 22nd ]: rnz
David Seymour announces Overseas Investment Act overhaul
[ Sat, Feb 22nd ]: Reuters
Exclusive: U.S. piles pressure on Iraq to resume Kurdish oil exports, sources say
[ Sat, Feb 22nd ]: Week99er
Is Qubetics the Top Crypto Presale with 12,286% R .. X and Quant Leading Web3 & Institutional Adoption
[ Sat, Feb 22nd ]: AOL
Blue Origin Prepares for Layoffs. Here's What Space Stock Investors Need to Know
[ Sat, Feb 22nd ]: Zawya
Al Baraka Group achieves consolidated net income of $309mln for the year ending 2024
[ Sat, Feb 22nd ]: Fortune
Buffett says Berkshire 'will forever' deploy most .. uities and never prefer cash over good businesses
[ Sat, Feb 22nd ]: TechCrunch
Augury and Hightouch are in the unicorn club
[ Sat, Feb 22nd ]: Forbes
From Memes To $500 Million In Revenue: The Pump.Fun Phenomenon
[ Sat, Feb 22nd ]: eNCA
Organisations want Finance Minister to speak on SME's on 2025 budget
[ Sat, Feb 22nd ]: MSN
Is Nvidia a Bargain Buy Before Feb. 26? The Evidence Is Piling Up and Here's What It Shows.
[ Sat, Feb 22nd ]: MSN
Business Finances: A Comprehensive Guide for Entrepreneurs
[ Sat, Feb 22nd ]: AOL
Mercedes-Benz won't be following Tesla and Elon Musk into robotaxis

Well-off Hong Kong daunted by record deficits

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. ll-off-hong-kong-daunted-by-record-deficits.html
  Print publication without navigation Published in Business and Finance on by Tuko
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts as the economy wobbles. Lawmaker Edmund Wong cautioned against pay cuts for civil servants,
The article from MSN discusses the financial challenges faced by Hong Kong, despite its reputation as a wealthy city. Hong Kong is currently grappling with record budget deficits, which have been exacerbated by several factors including economic slowdown, reduced land sales revenue, and increased government spending on health, welfare, and infrastructure. The city's fiscal reserves, once robust, are now under strain, prompting concerns about long-term financial sustainability. The government has been forced to consider measures like tax increases or spending cuts, which are politically sensitive. Moreover, the economic recovery post-COVID has been uneven, with sectors like tourism and retail still lagging, while the property market, a traditional revenue source, faces its own set of issues due to high interest rates and economic uncertainty. This situation has led to a broader discussion on economic policy, fiscal management, and the need for structural reforms to ensure Hong Kong's financial health moving forward.

Read the Full Tuko Article at:
[ https://www.msn.com/en-xl/africa/kenya/well-off-hong-kong-daunted-by-record-deficits/ar-AA1zBabh ]