• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    IMF chief warns of ‘tough times’ if oil prices stay up

    Hormuz shipping muted as US blockade takes hold

    Shanghai’s INS LAND Crowned China’s Best Club in DJ Mag’s Top 100,  Ranks #3 in Asia and #12 Worldwide

    Shanghai’s INS LAND Crowned China’s Best Club in DJ Mag’s Top 100, Ranks #3 in Asia and #12 Worldwide

    vivo Launches X300 Ultra Globally: A Professional Creative Powerhouse Featuring ZEISS Master Lenses Collection

    vivo Launches X300 Ultra Globally: A Professional Creative Powerhouse Featuring ZEISS Master Lenses Collection

    vivo Unveils X300 FE: Bringing ZEISS Super Telephoto Camera to a Compact Design

    vivo Unveils X300 FE: Bringing ZEISS Super Telephoto Camera to a Compact Design

    Artilux Announces Inception™: A Hybrid Optoelectronic Architecture for the Next-Generation AI Computing

    Artilux Announces Inception™: A Hybrid Optoelectronic Architecture for the Next-Generation AI Computing

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    KFC China and BYD Launch Strategic Partnership to Enhance In-Car Dining Experience

    Xiaomi Launches Next-Generation SU7 and AI Models in Ambitious Push for Smart Mobility

    PwC Report Finds Financial Institutions in Hong Kong and Mainland China Embrace AI for Strategic Transformation

    Kuse AI’s Viral Campaign Sparks Debate Over Aggressive Monetization and Data Security

    Xiaomi Unveils Flagship Smartphones, Leitzphone, and Vision GT Concept Car at Global Launch

    AGTech Partners with Hong Kong Gold Exchange to Develop One-Stop Precious Metals Trading Platform

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    IMF chief warns of ‘tough times’ if oil prices stay up

    Hormuz shipping muted as US blockade takes hold

    Shanghai’s INS LAND Crowned China’s Best Club in DJ Mag’s Top 100,  Ranks #3 in Asia and #12 Worldwide

    Shanghai’s INS LAND Crowned China’s Best Club in DJ Mag’s Top 100, Ranks #3 in Asia and #12 Worldwide

    vivo Launches X300 Ultra Globally: A Professional Creative Powerhouse Featuring ZEISS Master Lenses Collection

    vivo Launches X300 Ultra Globally: A Professional Creative Powerhouse Featuring ZEISS Master Lenses Collection

    vivo Unveils X300 FE: Bringing ZEISS Super Telephoto Camera to a Compact Design

    vivo Unveils X300 FE: Bringing ZEISS Super Telephoto Camera to a Compact Design

    Artilux Announces Inception™: A Hybrid Optoelectronic Architecture for the Next-Generation AI Computing

    Artilux Announces Inception™: A Hybrid Optoelectronic Architecture for the Next-Generation AI Computing

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    KFC China and BYD Launch Strategic Partnership to Enhance In-Car Dining Experience

    Xiaomi Launches Next-Generation SU7 and AI Models in Ambitious Push for Smart Mobility

    PwC Report Finds Financial Institutions in Hong Kong and Mainland China Embrace AI for Strategic Transformation

    Kuse AI’s Viral Campaign Sparks Debate Over Aggressive Monetization and Data Security

    Xiaomi Unveils Flagship Smartphones, Leitzphone, and Vision GT Concept Car at Global Launch

    AGTech Partners with Hong Kong Gold Exchange to Develop One-Stop Precious Metals Trading Platform

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

‘Non-recurrent social welfare spending can be reduced’

Purton by Purton
9 March 2025
in News
0
HK’s I&T feats highlighted in Spain
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter
Secretary for Labour and Welfare Chris Sun said there’s room for non-recurrent social welfare expenditure to go down.

In the budget last month, the government said all departments need to cut spending by an accumulative 7 percent until the 2027-28 fiscal year, and the same applies to funding for some 170 social welfare organisations.

Speaking after attending a TVB programme on Sunday, Sun said more flexible and creative use of non-recurrent funding could be part of the solution.

“I don’t see room for further adjustment in terms of recurrent spending,” he said.

“But as you all know, there is non-recurrent spending, such as the HK$20 billion quota approved by the Legco Finance Committee earmarked for buying space,” he told reporters.

“Say, we can buy units on higher floors that could be cheaper, so that facilities for youth and family purposes can move up there and free up space on the lower floors for elderly or children services.”

Sun stressed that officials have been helping the social welfare sector by, for example, using more technology and streamlining procedures to cut down on administrative work, so organisations can focus on providing services.

Tags: Hong Konglocal
Purton

Purton

Read More

TVU Networks and Tencent Cloud Unveil Next-Generation Cloud Production Solution at NAB 2026

TVU Networks and Tencent Cloud Unveil Next-Generation Cloud Production Solution at NAB 2026

19 April 2026

US negotiators to head to Pakistan for Iran talks

19 April 2026
  • Trending
  • Comments
  • Latest

HK stocks rise as Shanghai snaps weekly losing streak

10 April 2026

Nearly 500 people affected by WSD data leak

10 April 2026

Frasers Hospitality Launches $140 Million Multi-City Asset Enhancement Plan

13 April 2026

Security stepped up at hospitals in wake of data leak

9 April 2026

Real Madrid great Santamaria dies at 96

15 April 2026

IMF chief warns of ‘tough times’ if oil prices stay up

15 April 2026

Hormuz shipping muted as US blockade takes hold

15 April 2026
Shanghai’s INS LAND Crowned China’s Best Club in DJ Mag’s Top 100,  Ranks #3 in Asia and #12 Worldwide

Shanghai’s INS LAND Crowned China’s Best Club in DJ Mag’s Top 100, Ranks #3 in Asia and #12 Worldwide

15 April 2026

Recent News

Real Madrid great Santamaria dies at 96

15 April 2026

IMF chief warns of ‘tough times’ if oil prices stay up

15 April 2026

Hormuz shipping muted as US blockade takes hold

15 April 2026
Shanghai’s INS LAND Crowned China’s Best Club in DJ Mag’s Top 100,  Ranks #3 in Asia and #12 Worldwide

Shanghai’s INS LAND Crowned China’s Best Club in DJ Mag’s Top 100, Ranks #3 in Asia and #12 Worldwide

15 April 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com