The government-owned Hong Kong Investment Corporation (HKIC), which manages HK$62 billion (US$8 billion) of funds, plans to debut a conference for young emerging artificial intelligence (AI) scientists,
Hong Kong to cut thousands of civil service jobs
· 1d · on MSN
Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit
· 1d · on MSN
Hong Kong to slash 10,000 civil service jobs, push AI in bid to reverse deficit
Hong Kong to cut thousands of civil service jobs and invest in AI
The government has outlined a ‘cumulative reduction’ of government recurrent expenditure by 7% from now until 2027-2028.
Innovation chief Sun Dong dismisses data leak concerns over locally developed ‘HKGAI V1’ being trialed in government departments.
From axing 10,000 government jobs to raising the airport departure tax , here is a look at Financial Secretary Paul Chan’s plan to balance Hong Kong’s books.
Hong Kong plans a 7% cut in public spending and a major AI investment to tackle economic challenges. Financial Secretary Paul Chan emphasizes fiscal consolidation and growth projections amidst geopolitical tensions.
China and Hong Kong stock markets surged on a renewed push for AI innovation, with major financials experiencing gains. The Hang Seng Tech Index led the rally, driven by AI-related announcements from companies like Alibaba.
A must-attend content marketplace for industry elites, FILMART serves as the gateway to the Asian entertainment market. The concurrent events of FILMART and EntertainmentPulse feature a powerful lineup, with exhibitors from Hong Kong, mainland China, Asia, Australia, Europe and North America set to showcase their latest masterpieces.
HONG KONG will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit, authorities said W
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