https://www.scmp.com/rss/326635/feed John Timpany is a Hong Kong-based partner at KPMG China en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com We should not expect significant surprises from a budget as large and complex as that of the Hong Kong government. Budgets should be measured by how well they address Hong Kong’s needs now and into the future. And in many ways the budget this year continues from last year’s in addressing the needs of the city’s various sectors. The financial secretary forecast a healthy surplus of HK$58.7 billion for 2018-19. Overall, fiscal reserves are expected to reach a robust HK$1,161.6 billion by March 31.... https://www.scmp.com/comment/insight-opinion/hong-kong/article/2188049/whether-its-diversifying-hong-kongs-economy-or?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/hong-kong/article/2188049/whether-its-diversifying-hong-kongs-economy-or?utm_source=rss_feed Thu, 28 Feb 2019 06:24:56 +0000 Will the HK$50 billion investment in innovation and technology, along with other initiatives in the budget, contribute to building the desired culture of innovation in Hong Kong? In addition, what more should the government be doing in its role as facilitator and promoter of Hong Kong? Asking these questions is a good start towards moving Hong Kong forward along a necessary path in the city’s development. Any budget is always a balancing act for the government between investing in the future of... https://www.scmp.com/comment/insight-opinion/article/2136516/hong-kongs-budget-funding-innovation-smart-start?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/2136516/hong-kongs-budget-funding-innovation-smart-start?utm_source=rss_feed Sat, 10 Mar 2018 02:19:32 +0000