Hong Kong Today

The podcast delves into the government's shift towards sustainable taxation, addressing both development and affordable housing. It debates controversial airport and land departure taxes while highlighting AI initiatives aimed at research enhancement. Medical training spots are on the rise, although resource constraints remain a challenge. Public transport fare adjustments reflect an effort to support disadvantaged groups. Additionally, discussions on geopolitical issues reveal significant business support and international cooperation efforts, touching on cultural restitution and the Oscars amidst global tensions.

An expert discusses the financial secretary's budget proposals, addressing Hong Kong's looming $100 billion shortfall. They explore potential spending cuts and revenue increases, examining how these choices impact civil service pay and crucial sectors like healthcare and education. The conversation also touches on proposed tax changes, the vibrant yet struggling tourism industry, and a call for better vocational training to inspire youth about career options. It's a deep dive into fiscal challenges and their broader socio-economic effects.