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  • MIL-OSI Australia: Arrest – Post and boast – Darwin

    Source: Northern Territory Police and Fire Services

    Northern Territory Police have arrested one male youth in relation to posting and boasting offences in Darwin over the weekend.

    Around 5pm Saturday, police responded to an unlawful entry at an address in Millner where multiple personal items were reported stolen.

    The victim later identified their belongings being held by people in a social media post and reported this to police.

    Investigations led police to conduct a lawful search of a residence in Millner, where one of the stolen items was located.

    A 13-year-old male was arrested and charged with receiving stolen property and publishing material about offending conduct.

    Investigations are ongoing.

    Strike Force Trident urge anyone with information to make contact on 131 444 or make an anonymous report to Crime Stoppers on 1800 333 000. 

    MIL OSI News –

  • MIL-OSI USA: RGA Statement on North Dakota Gubernatorial Election

    Source: US Republican Governors Association

    The following text contains opinion that is not, or not necessarily, that of MIL-OSI –

    WASHINGTON, D.C. – Republican Governors Association Chair and Tennessee Governor Bill Lee issued the following statement congratulating Governor-elect Kelly Armstrong on his victory in North Dakota:

    “Governor-elect Kelly Armstrong is a proud, lifelong North Dakotan with a proven record of public service and conservative leadership. From his work as a state senator to his role in Congress, Kelly has been a tireless advocate for North Dakota’s values, creating jobs, defending property rights, and securing essential infrastructure for communities across the state.

    “Kelly’s deep roots in North Dakota, combined with his leadership on key issues like energy, agriculture, and public safety make him the right leader to guide the state into the future. The RGA is proud to congratulate Governor-elect Armstrong on his victory and looks forward to supporting him as he works to ensure a bright future for all North Dakotans.”

    ###

    MIL OSI USA News –

  • MIL-OSI Security: FBI Statement on Additional Inauthentic Uses of Bureau Name, Insignia in Promoting False Election-Related Narratives

    Source: Federal Bureau of Investigation FBI Crime News (b)

    Today, the FBI was made aware of three instances of its name and insignia being misused to promote false narratives surrounding the election. These three instances are the latest in a series of fabricated videos and statements falsely attributed to the FBI designed to mislead the American public.
     
    The first is a fabricated FBI written statement warning media and bloggers against publishing information about violence at polling stations. The false statement claims active dissemination of information about attacks at polling stations may provoke a spontaneous increase in such incidents and that withholding such information would ensure the safety of U.S. citizens. This statement is not authentic, is not from the FBI, and its contents are false.
     
    The second is a fabricated video impersonating the FBI and a United States government agency purportedly providing a joint statement suggesting schools suspend educational activities through November 11, claiming that “the risk of school shooting and riots has increased significantly” because of the U.S. election. The fake video further states, to avoid casualties, schools should switch to distance learning or temporarily cancel classes. This video is not authentic, is not from the FBI, and its contents are false.
     
    The third is a fabricated video claiming the FBI received “9,000 complaints about malfunctioning voting machines.” It further states that the machines were found submitting votes for a specific candidate. This video is also not authentic, is not from the FBI, and its contents are false.
     
    Election integrity is among our highest priorities, and the FBI is working closely with state and local law enforcement partners to respond to election threats and protect our communities as Americans exercise their right to vote. Attempts to deceive the public with false content about FBI threat assessments and activities aim to undermine our democratic process and erode trust in the electoral system.   
     
    The FBI encourages everyone to seek election and voting information from reliable sources, such as your local election office. And if you suspect criminal activity, we ask that you report that information to state or local law enforcement or by contacting the FBI at 1-800-CALL-FBI (225-5324), or by submitting a tip online to tips.fbi.gov.

    MIL Security OSI –

  • MIL-OSI Economics: Secretary-General of ASEAN to participate in the 11th CLMV Summit in Kunming, the People’s Republic of China

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, will participate in the 11th CLMV Summit to be held in Kunming, China, on 7 November 2024. The Summit is a significant gathering to provide a great opportunity to review the progress, exchange views and further explore ways and means for CLMV cooperation that complement the Initiative for ASEAN Integration. The Summit underscores the importance of subregional cooperation arrangement, which covers a wide range of cooperation, such as trade, investment and human resource development in supporting and contributing to ASEAN integration and community-building efforts.
    The post Secretary-General of ASEAN to participate in the 11th CLMV Summit in Kunming, the People’s Republic of China appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI USA: President Joseph R. Biden, Jr. Approves Major Disaster Declaration for the Seminole Tribe of  Florida

    US Senate News:

    Source: The White House
    Today, President Joseph R. Biden, Jr. declared that a major disaster exists for the Seminole Tribe of Florida and ordered Federal aid to supplement the Tribal Nation’s efforts in the areas affected by Hurricane Milton beginning on October 5, 2024, and continuing.
    The President’s action makes Federal funding available to affected individuals of the Seminole Tribe of Florida.
    Assistance can include grants for temporary housing and home repairs, low-cost loans to cover uninsured property losses, and other programs to help individuals and business owners recover from the effects of the disaster.
    Federal funding is also available to the Seminole Tribe of Florida and certain private nonprofit organizations on a cost-sharing basis for emergency work and the repair or replacement of facilities damaged by Hurricane Milton.  For a period of 90 days of the Tribal Nation’s choosing within the first 120 days from the start of the incident period, assistance for debris removal and emergency protective measures, including direct Federal assistance, under the Public Assistance program is authorized at 100 percent of the total eligible costs.
    Lastly, Federal funding is available on a cost-sharing basis for hazard mitigation measures for the Seminole Tribe of Florida.
    Ms. Leda M. Khoury of the Federal Emergency Management Agency (FEMA) has been appointed to coordinate Federal recovery operations in the affected areas. 
    Additional designations may be made at a later date if requested by the Tribal Nation and warranted by the results of further damage assessments.
    Residents and business owners who sustained losses in the designated areas can begin applying for assistance at www.DisasterAssistance.gov, or by calling 800-621-FEMA (3362), or by using the FEMA App. Anyone using a relay service, such as video relay service (VRS), captioned telephone service or others, can give FEMA the number for that service. 
    FOR FURTHER INFORMATION MEDIA SHOULD CONTACT THE FEMA NEWS DESK AT (202) 646-3272 OR FEMA-NEWS-DESK@FEMA.DHS.GOV.

    MIL OSI USA News –

  • MIL-OSI New Zealand: Release: Winston Peters must apologise

    Source: New Zealand Labour Party

    The Deputy Prime Minister should apologise to the public servant he named and blamed for something they did not do, and for misusing the rules of Parliament.

    “Parliament has standards, and Winston Peters fell well short of those,” Labour Leader Chris Hipkins said.

    “The Speaker has today ruled that the Deputy Prime Minister’s use of a personal statement misused the rules of the House.

    “Yesterday, the Prime Minister Christopher Luxon had to apologise for again bringing a public servant into the debate, despite that person having done nothing wrong. Christopher Luxon should be ashamed of the position he has taken on this.

    “Winston Peters has no evidence of wrongdoing, because there isn’t any. The person he has accused of wrongdoing cannot speak back, is part of a politically neutral public service and has declared the conflict of interest.

    “Winston Peters should personally apologise to them, and to the House,” Chris Hipkins said. 

    Stay in the loop by signing up to our mailing list and following us on Facebook, Instagram, and X.

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: Speech by SJ at Hong Kong Legal Week 2024: Beyond Litigation: The Vibrant Landscape of Alternative Dispute Resolution of Hong Kong (English only)

    Source: Hong Kong Government special administrative region

    Speech by SJ at Hong Kong Legal Week 2024: Beyond Litigation: The Vibrant Landscape of Alternative Dispute Resolution of Hong Kong (English only)
    Speech by SJ at Hong Kong Legal Week 2024: Beyond Litigation: The Vibrant Landscape of Alternative Dispute Resolution of Hong Kong (English only)
    ******************************************************************************************

         Following are the opening remarks by the Secretary for Justice, Mr Paul Lam, SC, at Hong Kong Legal Week 2024: Beyond Litigation: The Vibrant Landscape of Alternative Dispute Resolution of Hong Kong today (November 6): Distinguished guests, ladies and gentlemen,      It is a great pleasure to see you all again on day three of Hong Kong Legal Week 2024. After two days of fruitful discussions on issues relating to international law, today we will put our focus back on Hong Kong, in particular, our alternative dispute resolution (ADR) services. Today’s theme is “Beyond Litigation: The Vibrant Landscape of Alternative Dispute Resolution of Hong Kong”.           Hong Kong takes pride in our world-class ADR services and legal talents. It is immensely encouraging that in the latest World Competitiveness Yearbook 2024, Hong Kong ranks fifth globally as the most competitive economy, and, most importantly, ranks first in the sub-topics of “Business Legislation” and “International Trade”. In the recent “Business Ready 2024 Report” published by the World Bank Group, Hong Kong ranks eighth in the topic of “Dispute Resolution” among the 50 economies covered.           In recent years, the Government has formulated a comprehensive set of policy initiatives, which aim at deepening the mediation culture in Hong Kong. At present, mediation clauses are not mandatory in government contracts but various forms of such clauses can be found in some of them. Resolving disputes through mediation can save public funds, achieve early resolution of disputes and lessen the burden on our courts. There have been a multitude of successful instances of mediation involving the Government, from personal injuries cases, construction works disputes, adverse possession claims to medical negligence cases. Against such a background, it was first mentioned in the Chief Executive’s 2023 Policy Address and repeated in “The Chief Executive’s 2024 Policy Address” that the Government will take the lead, and incorporate mediation clauses in government contracts, while encouraging private organisations to incorporate similar clauses in their contracts. The key effect of including such clauses is that, if any dispute arises, the parties are obliged to try to resolve it by mediation first, and will resort to arbitration or litigation if, but only if, mediation fails.           Taking the opportunity of today’s event with a strong emphasis on mediation, I am very pleased to announce that today, the Government will formally issue a policy statement on the incorporation of mediation clauses in all government contracts. The policy statement is a confirmation of the Government’s commitment to use mediation to resolve contractual disputes. Upon the taking effect of the policy, the Government will incorporate mediation clauses in all future government contracts; and departure from that policy will need to be justified by exceptional circumstances, for example, the existence of an inconsistent statutory provision. Supporting and monitoring mechanisms to be provided by the Department of Justice to other policy bureaux and departments will be put in place to ensure the smooth implementation of this policy. Through this policy, we do not only aim at ensuring that contractual disputes involving the Government may be resolved in a flexible, economical and time-saving manner. We also hope that, with the Government taking the lead, the policy will also encourage the private sectors to follow suit, contributing to the cultivation of a mediation culture in Hong Kong and bringing more harmony and peace to society.            With this policy initiative in mind, I would like to introduce our three panels and distinguished speakers for today’s event. The first panel discussion this morning, entitled “Mediation in Action: Harmony and Peace for All”, will cover how mediation can be used effectively in various sectors of the community, for instance, in areas of family disputes, civil claims, improving relations between citizens and government departments, and not simply for resolving the disputes but, more importantly, to foster a culture that embraces mutual respect, harmony and inclusiveness.           The Government has always been a staunch supporter of mediation for the community. Since 2009, we have launched the Mediate First Pledge campaign to encourage the use of mediation as the first step to resolve disputes. The Mediate First Pledge is a non-legally binding commitment by pledgees to first explore the use of mediation to resolve disputes before resorting to other means of dispute resolution. At present, over 900 companies, organisations and individuals coming from different sectors have signed the pledge. The biennial Mediation Week and Mediation Conference, coupled with the Mediate First Pledge Event, are our flagship events to explore and promote wider use of mediation to resolve disputes in Hong Kong. The last one was just held a few months ago in May this year.           A very significant event about mediation with global significance took place in Hong Kong on October 17, less than a month ago. On that day, the four-day Fifth Session of the Elaboration of the Convention on the Establishment of The International Organization for Mediation (IOMed) was concluded. Representatives from various countries completed negotiations on the Convention at that session and decided that the signing ceremony for the Convention will be held in Hong Kong in 2025. The IOMed is the first intergovernmental international legal body dedicated to settling international disputes by mediation. With the support of our motherland China and the agreement of other state parties, it was agreed that the headquarters of the International Organization for Mediation will be established in Hong Kong in 2025. This represents a strong vote of confidence in Hong Kong and a clear acknowledgement from the international community of Hong Kong’s status as an international dispute resolution centre. I am delighted that Dr Sun Jin, Director-General of the International Organization for Mediation Preparatory Office, will deliver a keynote speech before lunch today.           Later this afternoon, we will discuss ADR in the context of artificial intelligence (AI). While there is no doubt that the use of AI may enhance the efficiency in resolving disputes, it is vital to ensure that the integrity of the dispute resolution process will not be compromised by the misuse of AI, whether intentionally, negligently or even inadvertently. Our distinguished speakers will consider the opportunities and risks associated with the use of artificial intelligence in ADR. They will also discuss the adoption of lawtech by Hong Kong practitioners, the benefits of lawtech in improving legal services and enhancing access to justice.           Our last panel of today’s event is on sports disputes. As stated in “The Chief Executive’s 2024 Policy Address”, with our thriving development of sports activities and the industry, sports disputes have become increasing complicated. Hence, Hong Kong will explore establishing a sports dispute resolution system and promoting sports arbitration. In this session, our speakers will share their experiences and insights regarding the demand, application, effectiveness and challenges of sports ADR.           To round up today’s events, we will have the 2024 Hong Kong Mediation Lecture at the office of Herbert Smith Freehills this evening. Professor Shahla Ali, through her perspective as a mediator with the World Bank and the Energy Community Panel, would explore the unique challenges and opportunities involved in the use of mediation in deals relating to natural resources, particularly in the Belt and Road Initiative, and how mediation can contribute to ensure that energy and natural resources agreements are environmentally sustainable and foster collaborative approaches.           While today’s programmes are focused on mediation, we must not forget that Hong Kong has always been promoting and expanding our arbitration services proactively not just in Hong Kong but also the Mainland and other countries. Two examples would suffice. First, the Hong Kong Arbitration Week was just been held between October 21 and 25. Second, the Hong Kong International Arbitration Centre has recently announced its imminent opening of a Beijing office, being its second office in the Mainland since the opening of its Shanghai office back in 2015.           As I mentioned on different occasions previously, Hong Kong is an international legal dispute resolution centre in which numerous options, all of top quality, are made available to the parties to disputes. On this note, let me conclude by wishing you very fruitful exchanges and discussions in today’s sessions to come. Thank you very much.

     
    Ends/Wednesday, November 6, 2024Issued at HKT 11:15

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI China: Xi stresses preservation, research on ancient bamboo slips

    Source: China State Council Information Office 2

    Xi Jinping, general secretary of the Communist Party of China Central Committee, has stressed sound protection and in-depth research on ancient bamboo and wooden slips.
    Xi made the remarks during his visit to an exhibition featuring slips dating back to the Qin Dynasty (221 B.C.-207 B.C.) and the Han Dynasty (202 B.C.-220 A.D.) at a museum in Yunmeng County, central China’s Hubei Province, on Monday afternoon. 

    MIL OSI China News –

  • MIL-OSI China: Xi urges accelerating rural revitalization

    Source: China State Council Information Office 2

    Xi Jinping, general secretary of the Communist Party of China Central Committee, has urged accelerating rural revitalization to advance Chinese modernization.
    Xi made the remarks on Tuesday during an inspection trip in Xianning City, central China’s Hubei Province, where he visited a vegetable farm and a village. 

    MIL OSI China News –

  • MIL-OSI China: Chinese auto brand unveils 1st off-road model in Egypt

    Source: China State Council Information Office

    Visitors pose for photos at the launching ceremony of Jetour Auto’s first off-road SUV model T2 in Cairo, Egypt, Nov. 4, 2024. [Photo/Xinhua]

    Jetour Auto, a Chinese auto brand, unveiled its first off-road SUV model, namely T2, on Monday evening.

    Under the theme of “Travel Together,” the launching ceremony held by Jetour at the Saladin Citadel, one of the most famous landmarks in the Egyptian capital of Cairo, attracted more than 600 guests from Egypt and China, including auto dealers, auto experts, internet influencers, and media representatives.

    “T2 is our first off-road model launched in Egypt … After its debut in the UAE (United Arab Emirates), Saudi Arabia, and other countries in the Middle East in the first quarter of 2024, it rapidly became the best-selling boxy SUV in the region,” said Yuan Anguo, vice president of Jetour International Marketing Company.

    According to the Chinese auto brand established in 2018, Jetour’s cumulative sales have now exceeded 1.22 million worldwide.

    In the first three quarters of 2024, a total of 4.312 million complete vehicles were exported from China to markets worldwide, a year-on-year increase of 27.3 percent, showed the latest data from the China Association of Automobile Manufacturers.

    MIL OSI China News –

  • MIL-OSI China: World Travel Market London opens

    Source: China State Council Information Office

    A visitor tastes Chinese tea at the China pavilion of the World Travel Market (WTM) London 2023 in London, Britain, Nov. 6, 2023. [Photo/Xinhua]

    The World Travel Market (WTM) London 2024 opened on Tuesday, with the China pavilion drawing attention for its abundant tourism resources and cultural appeal.

    The pavilion is set to feature a range of destination promotions, business networking sessions, and showcases of intangible cultural heritage. Attendees can also enjoy interactive experiences, including Chinese “baijiu” liquor tastings, Tai Chi workshops, and samples of Chinese cuisine.

    This year’s Chinese delegation consists of representatives from nine provinces and cities, including Beijing, Shanghai, Chongqing, Xinjiang and Shaanxi, alongside dozens of airlines and tourism companies.

    After browsing brochures and speaking with representatives at the China pavilion, Gary King, head of trade sales at London-based Wendy Wu Tours, told Xinhua that his top two destinations for future trips to China are Zhangjiajie in the central Hunan Province and Guilin in the southern Guangxi Zhuang Autonomous Region, both renowned for their “spectacular scenery.”

    The Old House Area (Laowuchang) of the Wulingyuan scenic area in Zhangjiajie, central China’s Hunan province. [Photo by Zhang Junmian/China.org.cn]

    King said he traveled to China for the first time last year and was “absolutely captivated,” highlighting the local cuisine, welcoming people, extensive high-speed railway network, and the diversity between cities as the aspects he loved most about the country and his experience.

    Since last year, China has been expanding its visa-free entry policies to boost the recovery of inbound tourism, making it increasingly easier and more appealing for foreign tourists to explore the country.

    This year’s China pavilion at WTM London, themed “high-quality tourism development in China,” emphasized green and sustainable tourism, showcasing the harmonious coexistence of humanity and nature.

    “Tourism businesses and boards have a responsibility to help businesses become greener and more regenerative, while also helping consumers make sustainable choices,” Patricia Yates, CEO of VisitBritain/VisitEngland, the UK’s national tourism agency, told Xinhua.

    She noted that international tourism not only generates economic value but also enriches people “personally and mentally” by providing opportunities to “speak with different people, understand different cultures, and learn about diverse lives and experiences.” High-quality tourism, she added, encourages travelers to stay longer and explore more deeply in their destinations.

    Foreign tourists pose for a photo in front of the Hall of Prayer for Good Harvests, or Qiniandian, at the Tiantan (Temple of Heaven) Park in Beijing, capital of China, July 9, 2024. [Photo/Xinhua]

    Over the decades, China has made remarkable strides in facilitating travel, enhancing various aspects like tourism infrastructure, cultural heritage site accessibility, mobile payment services, and transportation convenience — including a rail network that spans the entire country.

    At the event, Shi Zeyi, an official from China’s Ministry of Culture and Tourism, said that China is dedicated to fostering practical, mutually beneficial partnerships with worldwide tourism professionals and contributing to the growth and prosperity of the global tourism industry.

    Established in 1980, WTM London connects global travel buyers with leading destinations and brands annually, making it one of the world’s most influential events in the travel and tourism industry.

    The 44th edition of WTM London, themed “travel powers the world,” opened on Tuesday and will continue until Thursday. It is expected to attract over 40,000 attendees and nearly 4,000 exhibitors from around 180 countries and regions, with more than 70 conference sessions scheduled.

    MIL OSI China News –

  • MIL-OSI China: Growth expected to pick up after lull

    Source: China State Council Information Office

    China’s economy showed early signs of having bottomed out across the board in October, indicating that the country’s ramped-up efforts to revitalize domestic spending against external uncertainties are starting to yield effects, analysts said on Tuesday.

    They commented as data from media group Caixin pointed to the fastest expansion of services activity in three months while manufacturing activity resumed upward momentum, matching the improvements of official indicators.

    David Chao, global market strategist for the Asia-Pacific region (excluding Japan) at Invesco, said: “China’s leading economic indicators improved across the board for October, suggesting that the economy continues to regain momentum. This should translate into improving economic conditions and activity for the rest of the year.”

    A privately surveyed purchasing managers index for the services sector came in at 52 in October, up from 50.3 in September and marking the highest reading in three months, a Caixin report said on Tuesday. Any PMI reading above 50 indicates an expansion in activity.

    The reading fared better than 50.3 which many analysts had expected as the rate of expansion in new business inflows rose for the first time in four months following the launch of a series of policies to shore up the economy since late September.

    In October, the level of confidence among service providers rose to the highest since May, while selling prices stabilized after falling for two successive months. Service providers raised staffing levels for a second consecutive month, albeit marginally, the report said.

    The uptick in services activity came along with manufacturing activity resuming expansion in October, driven by renewed new business growth. The Caixin China General Composite PMI, covering both manufacturing and services activity, came in at 51.9 in October, up from 50.3 the previous month, marking the highest showing in four months.

    Also indicative of momentum recovery, the official composite PMI came in at 50.8 in October, up from 50.4 a month earlier, the National Bureau of Statistics said on Thursday.

    Wang Zhe, senior economist at Caixin Insight Group, said that the PMI surveys showed that market demand stabilized and optimism improved, which are early signs of the new policies’ impact, though the labor market remained under pressure while prices were still subdued.

    China is expected to further consolidate its policy support as the country’s top legislature is expected to approve additional fiscal support this week.

    Zhang Bin, deputy director of the Chinese Academy of Social Sciences’ Institute of World Economics and Politics, said China’s current round of countercyclical adjustments is ultimately aimed at promoting a robust recovery in overall income levels, which is key to further lifting consumption.

    The task of convincing consumers to spend more is deemed by analysts to be of particular importance against elevated external political and trade uncertainties and amid China’s pursuit of a more consumption-oriented growth model.

    While services providers polled by Caixin reported a solid increase in exports in October, export orders in the manufacturing sector remained in decline, though the rate of reduction eased. The official PMI survey showed that manufacturers’ new export orders contracted at a faster rate in October.

    MIL OSI China News –

  • MIL-OSI China: China shines on opening up, as world openness level degrades

    Source: China State Council Information Office

    Guests attend the press conference on World Openness Report 2024 and International Symposium on World Opening-Up during the 7th Hongqiao International Economic Forum in Shanghai, east China, Nov. 5, 2024. [Photo/Xinhua]

    The World Openness Index, gauging the openness levels of 129 economies from 2008 to 2023, shows that China remains one of the bright spots in a globally declining landscape of openness.

    The index was included in the World Openness Report 2024, which was released on Tuesday at the seventh Hongqiao International Economic Forum in Shanghai.

    In 2023, the World Openness Index stood at 0.7542, reflecting decreases of 0.12 percent compared to 2022, 0.38 percent compared to 2019, and 5.43 percent compared to 2008. This suggests an overall downward trend in global openness.

    The index, first released in 2021, was compiled by the Institute of World Economics and Politics under the Chinese Academy of Social Sciences (CASS) and the Research Center for Hongqiao International Economic Forum.

    According to the report, the pace of economic globalization has continued to falter over the past year, with the world’s opening-up level “in deficit.”

    “Various forms of unilateralism and protectionism are on the rise, global economic growth is slowing down, many economies are increasing tariffs and non-tariff measures, geopolitical risks are intensifying, and combined with shocks such as the COVID-19 pandemic,” the report said, listing the major factors contributing to a less open global economy.

    Zhang Yuyan, an economist and academician of CASS, said that the number of global trade intervention measures exceeded 4,700 from 2020 to 2023, significantly higher than the levels before 2020.

    Economic sanctions are working against opening, imposing a negative impact on globalization, said Nobel laureate economist Christopher Pissarides at a symposium after the release of the report. “I hope they end soon, but I don’t quite see it,” he added.

    Despite these challenges, China is presented as one of the positive exceptions in the global landscape of openness, based on the data revealed by the report.

    China has made significant progress in expanding its opening-up. From 2008 to 2023, China’s openness index rose from 0.6789 to 0.7596, an increase of 11.89 percent, placing it among the top economies globally in terms of growth rate.

    “China’s opening up is a model for mutually beneficial engagement. In the current complex and ever-changing international landscape, events like the China International Import Expo (CIIE) have become shining symbols of China’s commitment to opening up,” said Qu Weixi, director of the Research Center for Hongqiao International Economic Forum.

    The report also underscores key areas of global cooperation that have emerged despite rising anti-globalization sentiment.

    Digital opening-up, environmental and climate governance, and the service sector are identified by the report as significant areas where international collaboration has gained momentum.

    These sectors present new opportunities for global growth and suggest the potential for a more interconnected and cooperative world economy in the face of rising protectionism, according to the report.

    “We hope the release of this report will spark more in-depth and widespread discussions about global openness. By fostering greater consensus and collective efforts, we can contribute to the development of an open global economy,” Qu said.

    MIL OSI China News –

  • MIL-OSI China: Global companies debut cutting-edge technologies

    Source: China State Council Information Office

    This photo taken on Nov. 4, 2024 shows the automobile exhibition area of the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) in Shanghai, east China. [Photo/Xinhua]

    With the seventh China International Import Expo (CIIE) in full swing in Shanghai, global companies are unveiling their latest technological innovations, capitalizing on the opportunities arising from China’s commitment to further opening up both its market and manufacturing industry.

    GE Healthcare, a regular exhibitor at the CIIE, has brought an unprecedented lineup to Shanghai this year. The U.S. medical technology company is showcasing multiple products either making their global or Chinese debut.

    Eyeing China’s growing demand for advanced medical technology, GE Healthcare is exhibiting its largest collection of new products ever at this year’s expo, where it has been participating since 2018, said Zhong Luyin, the company’s China communications executive.

    “Our goal extends beyond mere participation in the expo. More importantly, we look forward to engaging in China,” Zhong said.

    A stage for all

    At the ongoing CIIE, over 400 new products, technologies and services from around the world are being showcased, spanning sectors such as artificial intelligence, new materials, autonomous systems and energy transition technologies.

    During a meeting on Monday with select exhibitors and buyers attending the expo, Chinese Premier Li Qiang said that China is able to sustain steady economic recovery, improve the quality and capacity of its market, and provide more extensive growth space for global businesses in terms of trade, investment and innovation. He added that the Chinese market is still one of the best choices for companies worldwide.

    Just days ago, China removed all market access restrictions for foreign investors in the manufacturing sector, with the country’s new edition of its national negative list for foreign investment having taken effect on Nov. 1. This significant move marked the latest effort of the world’s second-largest economy to open its doors even wider.

    “Benefiting from the ‘spillover effect’ of the expo, many of our showcased products are now in use across Chinese hospitals,” said Lu Yi, MRI marketing manager of Siemens Healthineers. At this year’s CIIE, the German medical technology company is unveiling the MAGNETOM Terra.X, its latest generation of magnetic resonance imaging (MRI) equipment — the first time this new equipment is being displayed in Asia.

    Lu revealed that Siemens Healthineers is advancing its localization strategy for cutting-edge product manufacturing. Notably, the MAGNETOM Terra.X is slated for future production at the company’s base in Shenzhen, south China’s Guangdong Province.

    Apart from traditional technological sectors, the ongoing expo showcases an array of futuristic exhibits that seem straight out of the world of science fiction, including tires designed for lunar exploration vehicles, electric vertical takeoff and landing (eVTOL) aircraft, and innovative motor-powered shoes.

    French tire maker Michelin, which is attending the expo for a fourth year, is exhibiting a futuristic prototype wheel for lunar exploration vehicles, among other products including car tires containing 71 percent sustainable materials and a new generation aircraft tire.

    Serge Godefroid, research and development director of Michelin China, said Michelin has been innovating for the future of mobility and is even thinking about mobility beyond the Earth for future lunar or Mars exploration projects.

    Michelin is already extensively testing tires in very rough conditions and with exposure to the range of temperatures that exist on the moon, Godefroid said. “You don’t have somebody to help you inflate a tire on the moon, so you need to find a wheel that can sustain very difficult conditions.”

    Rising innovation landscape

    A number of eVTOL aircraft are proving eye-catching at this year’s CIIE. Vertaxi, an eVTOL startup which is attending the expo jointly with Ampaire, a global leader in hybrid electric aircraft systems, has brought three autonomous eVTOL drones to the 2024 expo.

    Yue Tingting, vice president of Vertaxi, said the company’s smaller eVTOL aircraft have been well received by the market and are being widely used for police, emergency and fire-fighting patrols, public and oil infrastructure inspections, and island logistics.

    Yue admitted that it will take longer for the company’s eVTOL aircraft to obtain the airworthiness certification needed for passenger transport. She, however, is very bullish about China’s low-altitude economy and even envisions a future where people will be able to board eVTOL aircraft for daily commuting, much like taking a taxi or bus.

    Shift Robotics, attending the expo for the first time, is exhibiting its new generation of motor-powered shoes, called Moonwalkers Aero, that allow people to walk at speeds of up to 11 km per hour.

    Moonwalkers deliver smooth power when people who wear them speed up, while they offer very little assistance if the person wearing them walks very slowly. These motor-powered shoes can be used in virtually any environment, even on the subway, in a lift or on stairs, and people can move around in these Moonwalkers without taking off their normal shoes, according to Zhang Xunjie, CEO of Shift Robotics.

    From industry giants to rising startups, the dedication shown to China by global tech companies is well-timed, as the country’s prominence in the global innovation landscape continues to increase. According to the Global Innovation Index 2024 released by the World Intellectual Property Organization, China has moved up one spot to 11th place in the latest rankings of the world’s most innovative economies — becoming one of the fastest risers over the past decade.

    “China’s growth pattern has shifted from quantity-oriented to quality-oriented,” said Tetsuro Homma, executive vice president of Panasonic Holdings Corporation. “To keep pace with this change, we are setting up more research and development teams in China to quickly adapt to the evolving Chinese market.”

    Over the past four years, this Japanese manufacturing company has steadily expanded its investment in China. Home to over 60 Panasonic subsidiaries, China now accounts for nearly a quarter of the company’s business worldwide. “We are innovating for China, and we aspire to innovate in China for the whole world,” Homma said.

    MIL OSI China News –

  • MIL-OSI China: Tourism, culture help cement China-Tanzania ties: officials

    Source: People’s Republic of China – State Council News

    DAR ES SALAAM, Nov. 5 — Senior officials from the Chinese and Tanzanian governments have identified tourism and culture as two factors that helped cement ties between the two countries.

    A closing ceremony of the 2024 China-Tanzania Tourism and Culture Year and celebration of 60 years of diplomatic relations between the two countries was held in the port city of Dar es Salaam Monday night.

    Speaking at the event, the officials observed that tourism and culture not only helped stimulate economic development but also promoted people-to-people exchanges and understanding between the two countries.

    Lu Yingchuan, vice minister of culture and tourism in China, said cooperation between the two countries has reached new heights as more Chinese tourists visit Tanzania.

    “From exchanges of art performances, tourism promotions, food tasting, to the creation of artworks and personnel training, an array of diverse and colorful activities triggered a fresh surge of cultural and tourism exchanges and cooperation between our two countries,” Lu noted.

    Chen Mingjian, the Chinese ambassador to Tanzania, said China and Tanzania have a long history of rich culture and harmonious coexistence in a peaceful atmosphere.

    “At the same time, the number of Chinese tourists visiting Tanzania keeps on growing, with more than 54,000 of them visiting Tanzania between January and September this year,” she told the gathering that featured cultural performances from China and Tanzania.

    Pindi Chana, Tanzania’s minister for Natural Resources and Tourism, said China-Tanzania relations have continued to develop, with fruitful results in practical cooperation and rich cultural exchanges.

    “The development of tourism can not only drive growth and create jobs, but also promote consumption and stabilize confidence,” she told the gathering co-hosted by the Ministry of Culture and Tourism of China, the Chinese Embassy in Tanzania, and Tanzania’s ministries of Natural Resources and Tourism, Culture, Arts and Sports, and Foreign Affairs and East African Cooperation.

    The event was preceded by the “Nihao! China” China Tourism Promotion Conference, which was attended by tourism stakeholders from China and Tanzania. At this conference, they explained their experiences in the industry.

    The event also saw the relaunch of the film Amazing Tanzania, which was first launched in China in May 2024.

    The film starring Tanzanian President Samia Suluhu Hassan, Tanzania’s Zanzibari President Hussein Ali Mwinyi, and Chinese actor Jin Dong has served as a catalyst to attract more tourists from China to visit the East African nation, according to the African country’s Permanent Secretary in the Ministry of Natural Resources and Tourism Hassan Abbasi.

    MIL OSI China News –

  • MIL-OSI China: China releases ecosystem restoration guides to boost coastal disaster resilience

    Source: People’s Republic of China – State Council News

    Four handbooks on ecosystem restoration for coastal hazard mitigation, focusing on salt marshes, seagrass beds, oyster reefs, and sandy coasts, were released in both Chinese and English, officials said on Tuesday. The guides aim to provide a “Chinese solution” to global coastal ecological challenges by showcasing examples of disaster reduction and restoration practices.

    Jointly issued by the Ministry of Natural Resources and the International Union for Conservation of Nature at the 2024 China-Island Countries Ocean Cooperation Forum, the handbooks compile research findings and restoration strategies for coastal ecosystems, including insights from both domestic and international sources, according to Li Lin, director of the marine warning and monitoring department of the Ministry of Natural Resources.

    The handbooks explain each step in the technical process, including baseline ecological surveys, diagnostics, restoration goals and measures, as well as monitoring, effectiveness evaluation, and adaptive management, Li said.

    Since 2020, the Ministry of Natural Resources, along with the Ministry of Water Resources, the National Development and Reform Commission, the Ministry of Finance, and other agencies, has promoted coastal protection and restoration projects. These efforts have strengthened ecosystems’ capacity to mitigate marine disasters like typhoons and storm surges. The release of the handbooks is intended to guide these practices, Li added.

    MIL OSI China News –

  • MIL-OSI China: Global exhibitors eye opportunities as China import expo opens

    Source: People’s Republic of China – State Council News

    “CIIE offers a lot of opportunities… That opening up is a crucial part of driving innovation, new product development and economic growth for the world.” The 7th China International Import Expo (CIIE), the world’s first national-level exposition dedicated to imports, opened on Tuesday in Shanghai.

    MIL OSI China News –

  • MIL-OSI Global: What is ‘ballot curing’? Election expert explains the method for fixing errors made when voters cast their ballots

    Source: The Conversation – USA – By Paul Gronke, Professor of Political Science and Director, Elections & Voting Infomation Center, Reed College

    An imperfect signature on an absentee ballot can necessitate ballot ‘curing,’ when election workers verify the voter’s identity. Bill Oxford/iStock via Getty

    Most Americans used to vote on Election Day, and a small percentage of voters cast their ballots as absentee voters through the mail. That changed starting in the late 1970s, when some states began to allow no-excuse absentee voting and early in-person voting. Many more states chose to add these methods after the 2000 election, and by 2022, 60% of votes were cast in person at a polling place on Election Day, 21% were cast by mail and 19% were cast early in-person.

    In the 2020 election, many states accelerated the shift already underway to voting by mail to keep people safe from contracting COVID-19. Mail ballots were the dominant method of return that year: 43% of ballots were voted by mail, 31% on Election Day and 26% early in-person. Voting by mail remains the second-most common method of returning ballots and will continue to grow – though it may never reach the level of 2020.

    This rise in usage has created an issue that wasn’t seen much before: The need to “fix” a ballot where, due to a variety of reasons, the identity of the voter who cast the ballot can’t be verified. This process is called ballot “curing,” and it’s how states ensure that every valid vote is counted.

    The Conversation’s politics and democracy editor, Naomi Schalit, spoke about ballot curing with Reed College political scientist Paul Gronke, founder and director of the Elections & Voting Information Center, who studies early voting, election administration, public opinion and elections.

    What is ballot curing?

    Ballot curing is a process that is allowed in some states that, if a ballot has been rejected or challenged because the signature didn’t match or a copy of an ID needed to be included, then the voter has an opportunity to come in within a limited period of time and cure that problem. They can, for example, come in and provide an updated or corrected signature – the most common problem – or provide the required identification.

    An election worker curing a defective ballot cast in the 2024 presidential primary in Provo, Utah, on March 5.
    George Frey/AFP via Getty

    Can that process happen after Election Day?

    The process is triggered when an election office receives a ballot and identifies a problem that falls within the scope of the law and can be cured. As with seemingly everything in American elections, the deadlines and the window vary by state. Some states provide a quite lengthy period after the election. In Oregon, for example, the law provides a window of up to the 21st day after the election. In other states, it’s pretty narrow. In Michigan, it’s the third day after the election. In many but not all states, it’s tied to the deadline for certification of the vote.

    So the idea is that everybody should have the opportunity to have their vote count.

    I would agree with that. The idea is that we want to give everyone an opportunity to be represented. No one should be disenfranchised because of something relatively innocuous, like their signature doesn’t match, or when their ballot was being transported, it was humid or it rained, or something happened that meant the signature can’t be verified, or they forgot to include a copy of necessary identification. These are certainly not reasons why you would want someone to be disenfranchised.

    The Nevada Secretary of State said told a CNN reporter on Nov. 5, 2024, that the state is seeing a surge in ballots with signature problems, many from young voters. As The Wall Street Journal reported, 12,939 ballots have been cured successfully, and 13,906 ballots remain to be cured. “This is an opportunity, probably their first time they’ve had to really use an official signature,” Secretary of State Cisco Aguilar told CNN, “and what’s on their driver’s license, what’s on their voter registration form and what’s on their ballot is a little bit different.” What’s going on here?

    Young people these days – really, anyone under 40 – did not learn cursive when they were in grammar school. Why is that relevant in an election? Because there are clear patterns that people of a certain generation didn’t sign checks and were not sort-of trained in what election officials describe as writing their “formal signatures.” We also know that as people age, or suffer certain kinds of injuries, their signatures can change. And sometimes, people are just in a rush and don’t sign carefully.

    Are there problems with how election officials in different states handle ballots that need to be cured?

    In 2020, there were these major changes to our election system in order to adapt to provide a safe and secure voting environment during the pandemic. Many states ramped up vote-by-mail for the first time. What we saw in 2020 was that there were laws and procedures that fell out of sync with how people were voting. In some states, they mailed ballots to all eligible voters, yet they had laws that said you can’t begin the process of counting absentee ballots until the day of the election. That led to some slow counts in 2020 and opened up a window for charges of malfeasance, even though all that was happening was that officials were working through these piles of mail ballots.

    Since then, many states have improved their laws and brought them in sync with voter behavior. For example, many more now allow election officials to begin the process of processing mail ballots – checking signatures, opening envelopes, preparing to scan – before Election Day. That should improve the speed of ballot counting in 2024.

    Volunteers inform a voter in Nevada that a ballot mailed from his address has a discrepancy that must be fixed, or ‘cured,’ for it to be counted.
    David Becker for The Washington Post via Getty Images

    But there are still some places that could improve. I will highlight Michigan as an example of a place where I’m a little bit concerned, and I’ve heard this also from Michigan officials. Michigan law says the county clerk shall notify the voter of the ballot deficiency by “telephone, email, or text message, if available.” If neither a phone nor email is available, the clerk uses U.S. mail. The voter may cure the ballot by filling out a cure form and returning it in person, electronically or by mail, but the cured ballot has to arrive back at the clerk’s office by 5 p.m. on the Friday following the election – that’s only three days. That’s really not much time!

    Imagine a number of new voters casting ballots by mail in Ann Arbor, in Washtenaw County, and they vote by mail but turn it in at the last minute. And if there’s a problem with their ballot, then election officials have to generate some communications to them, and maybe they don’t have their cellphone, or the voter isn’t immediately responsive to email, and the whole process has to be completed in three days.

    I have spoken to some local officials in Michigan who think that needs to be changed because the rate of voting by mail in Michigan is so high now – nearly one-third of registered voters requested an absentee ballot as of 21 days before the election, and there will be more absentee ballots requested and returned by Nov. 5.

    It’s not just Michigan. There are a number of states that have comparatively high levels of voting by mail and fairly short curing periods. I don’t know the optimal time period, but anything less than five days is asking too much of clerks and of voters, and could disenfranchise people for making an innocuous mistake.

    The way America votes in 2024 is not the way the country voted in 2000 or even the way we voted in 2016. We are in a world where one-third or more of ballots are vote-at-home ballots, and those numbers will continue to increase. Best practices include providing ample time to allow clerks to notify voters of any problems with their ballots, and voters to provide the necessary information to make sure their ballots are counted. If we can do it that way in Oregon, where I live – and Colorado, and Washington, and many other states – I’m sure other states can do it as well.

    Paul Gronke receives funding from Elections Trust Initiative and Democracy Fund. He is a member of the Advisory Board of the MIT Election Data and Science Lab (MEDSL) and a member of the Circle of Advisors of the National Vote At Home Institute.

    – ref. What is ‘ballot curing’? Election expert explains the method for fixing errors made when voters cast their ballots – https://theconversation.com/what-is-ballot-curing-election-expert-explains-the-method-for-fixing-errors-made-when-voters-cast-their-ballots-243009

    MIL OSI – Global Reports –

  • MIL-OSI China: Singapore firms take long-term view towards Chinese market

    Source: China State Council Information Office 3

    Singapore firms take a long-term view towards China, a market with huge potential and growing sophistication, and regard investing in the country as a long game, according to the Singapore Business Federation (SBF) CEO.

    “The number that I have been told many times is that China is home to over 400 million middle-income population. Market growth might not always be in a rocketing state. However, the world’s second-largest consumer market will still grow,” SBF CEO Kok Ping Soon told Xinhua during the 7th China International Import Expo (CIIE).

    Led by the SBF, a delegation of nearly 400 representatives from 44 Singaporean businesses are attending the CIIE held from Nov. 5 to Nov. 10 this year, which marks the seventh year for the SBF’s delegation to participate in the world’s first national-level expo on import.

    “Some of the previous delegation participants have ‘graduated’ from the delegation by outgrowing the Singapore Pavilion and setting up their own booths at other exhibition areas of CIIE,” Kok said.

    With a total exhibition area of close to 912 square meters, the Singapore Pavilion spans the Consumer Goods Hall, Food & Agricultural Products Hall, and Trade in Services Hall.

    “We are very encouraged to see some of those companies are no longer just in the food and beverage sector. We are starting to see companies responding to China’s call for more high-quality investment in fields like biotech,” he noted.

    China has been Singapore’s largest trading partner for 11 consecutive years. Singapore is China’s second-largest foreign investment source and the top destination for Chinese overseas investment.

    Kok said there are broad areas of collaboration between the two countries, such as green transformation, AI security and governance, and smart city development.

    According to the SBF National Business Survey 2023/2024, China is one of the top three countries that Singapore businesses have a presence in and is among the top three countries in Asia that Singapore businesses are looking to expand into.

    China has intensified its opening up in the medical sector to meet the growing healthcare demands of the population. The country announced in September that it would give the green light to establishing wholly foreign-owned hospitals in some cities like Beijing and Shanghai.

    “The opening up of the healthcare sector in China presents tremendous opportunity for us,” Kok said, citing the case of Mirxes, a CIIE participant seeking local partnerships such as promoting its solution to screen early-stage stomach cancer, drawn by China’s huge market potential and enhanced intellectual property protection.

    RMA Contracts, a Singapore business process outsourcing company, will be using the CIIE platform to tap into the China-Singapore Tianjin Eco-City, a representative cooperation project between the two countries, according to Kok.

    Another interesting thing Kok observed is that Singapore companies are looking beyond penetrating the Chinese market via the CIIE, citing examples of participating companies seeking cooperation with non-Chinese firms.

    Kok said CIIE is an important platform for reaching the global market. “You don’t just come in thinking to connect with China. If you broaden your mind, you can look for partners in your home country or even outside of China, which is the charm of a platform like CIIE.”

    MIL OSI China News –

  • MIL-OSI New Zealand: Dung beetles improve water and soil quality in Barkers Creek area

    Source: Environment Canterbury Regional Council

    Date:

    A south Canterbury community group has looped in help from an unlikely source to improve water and soil quality in their catchment, with four shipments of dung beetles coming to their aid.

    While most people actively avoid creepy crawlies, Barkers Creek Catchment Group is shipping them in by the hundreds.

    The local community group was allocated funding by the Ōrāri Temuka Ōpihi Pareora (OTOP) Water Zone Committee to support their project, a catchment-wide release of dung beetles which aims to bring long-term soil and water quality improvements to the Barkers Creek area, a sub-catchment of South Canterbury’s Waihī River. The next shipment of beetles is set to be released in coming weeks. 

    Dung beetles and their role in agriculture

    Dung beetles dine on the manure of grazing animals, including cows, sheep, alpacas and horses. The adults feed on dung before tunneling beneath the manure, then filling their tunnels with balls of dung, in which they lay their eggs. The piles of dung quickly disappear, broken down into the soils below.

    By reducing run-off from paddocks into waterways, and with the nutrients being recycled back into the soil, water and soil quality is greatly improved, along with plant and animal health.

    In most parts of the world, the beetles are strongly connected to livestock, but not here in New Zealand. Although we have native beetles, they have adapted to a forest environment and don’t provide any support in processing manure in our pastoral system.

    Group Chair Danette McKeown said the beetles are a novel approach to an age-old problem for the small 34 sq km catchment, which is largely rolling terrain with heavy clay soils.

    “Research shows they’re great on sloping land; they tunnel down so you have less dung to run off in a rainfall event, and they improve the structure of hard clays,” she said. 

    It’s a long-term project, as it can take five to seven years to know if the colony has become established, but Danette said the benefits are wide-reaching for the greater catchment.

    “It was a no-brainer for us. Water quality was one of our priority issues as a catchment, with sediment and nutrient run-off issues because of our rolling clay terrain,” she said. “We’re also aware the closer to the source, the cheaper and more effective the remediation. So, we were looking for ‘close to the source’ mitigations.

    “Dung beetles are a passive solution, they keep working for us and we can then focus our attention and funds on other things, like riparian planting and fencing off waterways.”

    Community group bringing catchment-wide benefits

    The dung beetle project is the latest in a long raft of successful initiatives undertaken by the Barkers Creek Catchment Group.

    Made up of local farmers, they initially came together seven years ago to collaborate with us and the OTOP water zone about Plan Change 7 of the Canterbury Land and Water Regional Plan.

    Today their work is driving landscape-scale improvements to the wider catchment, with current and future projects that include:

    • pest control
    • trapping
    • bat monitoring
    • regenerating native bush blocks
    • and creating corridors of native riparian planting.

    “We’re focused on actions with good value,” Danette said.

    “If we’re going to spend money undertaking work, we want to get the widest benefits we can, so we’re focused on projects that have more than one singular outcome.”

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Multiple arrests in Rotorua CBD following Operation Trolley

    Source: New Zealand Police (National News)

    As part of ongoing work to ensure Rotorua’s community feels safer within the CBD, 13 people were arrested and 45 shopping trolleys have been returned to their respective stores, following a three-day Police operation.

    From Tuesday 21 to Thursday 23 January, Police executed Operation Trolley focusing on engaging and educating managers of local businesses and enforcing the illegal actions of people using or having possession of shopping trolleys outside the boundaries of their respective stores.

    While being homeless is not a crime in and of itself, Police has recently received complaints in regard to homeless people in possession of trolleys intimidating members of the public and workers as they walk through the CBD.

    Any antisocial or unlawful behaviour will not be tolerated, and Police is committed to ensuring anyone going about their lawful business in the CBD are safe and feel safe.

    Upon speaking with local retail store and business managers, Police identified several people using retail store owned shopping trolleys for their personal use without lawful authority.

    Police arrested seven people in possession of shopping trolleys for receiving an item worth less than $500. They were all given verbal warnings.

    Six other people were arrested for historical offences including theft, assault, arrest warrants, bail breaches, and trespassing.

    Police also issued 19 trespass notices, trespassing individuals in possession of a trolley from the trolley’s respective store.

    In total, 45 trolleys were returned to their businesses at the end of the three-day operation.

    Homelessness is a social problem which requires a joint effort to address the underlying issues. Police works with a number of agencies to understand these issues, support the homeless, and collectively find homeless people long-term solutions.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: Speech by SITI at Seminar on Life Science and Global Health “Innovation ·Inclusion · Impact” (English only) (with photo)

    Source: Hong Kong Government special administrative region

         Following is the speech by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, at the Seminar on Life Science and Global Health “Innovation ·Inclusion · Impact” on November 5 (Ottawa time):
     
    Ms Wu (Board Director of Hong Kong Canada Business Association, Ottawa, and Department Chair of Algonquin College School of Business and Hospitality, Ms Sandra Wu), Mr Eng (President of Hong Kong Canada Business Association, Ottawa, Mr Frank Eng), Senator Woo (Senator of Canada, Mr Woo Yuen-pau), Mr McLean (Member of the House of Commons of Canada, Mr Greg McLean), Mr Arya (Member of the House of Commons of Canada, Mr Chandra Arya), distinguished guests, ladies and gentlemen,     
     
          Good evening. It is my great pleasure to join you all here today in Ottawa and in such a historic building for the Seminar of Life Science and Global Health, to explore the vital intersection of life science and global health, through the lenses of innovation, inclusion, and impact.
     
          Over the years, Hong Kong has established close ties with Canada in many façades, say economically, culturally and people-to-people bond. We share many similarities and a wide range of common interests. While Canada has long been recognised as a powerhouse in the field of life and health science, Hong Kong is emerging as an international innovation and technology (I&T) centre, as well as a health and medical innovation hub in the Asia-Pacific region. Taking this opportunity, I would like to give you a brief update on Hong Kong’s I&T landscape and the opportunities that lie ahead in the field of life and health technology.
     
          Promoting I&T development is of top priority on the policy agenda of the Hong Kong Special Administrative Region (SAR) Government. Back in December 2022, we promulgated the Hong Kong I&T Development Blueprint, which clearly indicated our development direction to perfect the I&T ecosystem by promoting positive interaction between upstream for basic research, midstream for technology transfer, and downstream for all industries development. We greatly support the development of technology industries with an edge and of strategic importance.
     
          Life and health technology is one of our focuses.
     
          Hong Kong possesses professional medical services and a well-established healthcare system. Supported by five top 100 universities and two top 40 medical schools in the world, together with a multitude of world-class experts in the life and health disciplines, Hong Kong enjoys significant advantages in developing life and health technology. 
     
          To capitalise on our strength in basic research and foster global I&T collaboration, Hong Kong’s flagship R&D (research and development) initiative, namely InnoHK, has built collaboration with more than 30 world-renowned universities and research institutes from 12 economies, including Canada of course, and set up a total of 29 InnoHK research laboratories. Of these, 16 of them focus on healthcare-related technologies and have brought notable scientific achievements and benefits to society. For example, the Centre for Eye and Vision Research, which was jointly established by the University of Waterloo and Hong Kong Polytechnic University, is one of them.
     
          Furthermore, we will launch a HK$6 billion subsidy programme, roughly $1.1 billion Canadian dollars, to support setting up cross-institutional and multidisciplinary life and health technology research institutes in Hong Kong. We have also earmarked HK$3 billion, that is approximately $540 million Canadian dollars, for the Frontier Technology Research Support Scheme to accelerate cross-disciplinary researches in various frontier technology fields, including clinical medicine and health, gene and biotechnology, spearheaded by the local funded universities and renowned scholars from around the world. These initiatives will empower us to create a vibrant research atmosphere with the participation of global talent, thereby strengthening Hong Kong’s capability for forward-looking and disruptive scientific researches.
     
          A few weeks ago, the Chief Executive of the Hong Kong SAR Government announced his 2024 Policy Address, in which a series of new initiatives are introduced to accelerate the pace of the development of Hong Kong into an international I&T centre.  Among them, we will launch a new HK$10 billion I&T Industry-Oriented Fund, which is equivalent to around $1.8 billion Canadian dollars, to form a fund-of-funds to channel more market capital to invest in specified emerging and future industries of strategic importance, including life and health technology. Indeed, we launched a HK$10 billion Research, Academic and Industry Sectors One-plus Scheme last year to accelerate the transformation and commercialisation of outstanding research outcomes from universities, and another HK$10 billion New Industrialisation Acceleration Scheme this year to encourage industries of strategic importance, including life and health technology, to set up new smart production facilities in Hong Kong. Just these three funding schemes alone, totalling HK$30 billion, almost $5.4 billion Canadian dollars in financial commitment, demonstrates our strong commitment to promoting industry development and placing a strong emphasis on investment in the I&T sector.
     
          Adequate sites and sophisticated infrastructure are equally important for the long-term I&T development. Located in the border area between Hong Kong and Shenzhen, the Hetao Hong Kong Park, or the Loop in short, will serve as an I&T hub of strategic value connecting Mainland China and the international community. We will set up the InnoLife Healthtech Hub in the Loop to attract top-notch research teams and talent from around the world. We will allocate another HK$2 billion to support the InnoHK research clusters to establish presence in the Loop, and HK$200 million to support start-ups in the Loop engaging in life and health technology in the form of incubation and acceleration programmes. 
     
          Besides, new I&T land will be available in San Tin Technopole in the northern part of Hong Kong to support I&T industry development, creating synergy with the nearby Shenzhen I&T Zone. With the new I&T platform in the Loop and new I&T land in San Tin Technopole, coupling with the gigantic market of the Guangdong-Hong Kong-Macao Greater Bay Area, there are indeed many I&T opportunities and possibilities lying ahead in Hong Kong.
     
          While the global economic and political situation is becoming more complicated, Asia will still play a pivotal role in the technological revolution. Under the principle of “one country, two systems” and with a strategic geographical location on the doorstep of Mainland China, Hong Kong is the best platform to connect I&T talent and companies from Mainland China and around the world. Whether you are looking for job opportunities, capital or investment, there is always a place for you in Hong Kong. I strongly believe that apart from life and health technology, there is a lot of room for bilateral collaboration between Hong Kong and Canada, say, in green technology, renewable energy, environmental protection and sustainability, where Canada has an edge.    
     
          Ladies and gentlemen, the challenges we face in global health are complex and multifaceted. By fostering global I&T collaboration, we amplify the impact brought by innovation and inclusion, from zero to one, from one to many, to unlock new possibilities and drive the next wave of technological advancement for the betterment of the mankind. Hong Kong stands ready to play the promising role as a “super-connector” and a “super value-adder” to create value and impact to the world.
     
          In closing, I would like to express my gratitude to Hong Kong – Canada Business Association (Ottawa) and Invest Hong Kong for organising today’s seminar. I look forward to the fruitful collaborations that will arise from this seminar. Thank you very much.   

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: DoJ issues Policy Statement on the Incorporation of Mediation Clauses in Government Contracts

    Source: Hong Kong Government special administrative region

         The Department of Justice (DoJ) issued a Policy Statement on the Incorporation of Mediation Clauses in Government Contracts today (November 6) to set out the Government’s policy stance and approach on promoting the use of mediation to resolve conflicts in an amicable way, and to implement the policy initiative under the 2023 Policy Address on deepening mediation culture, consolidating the strategic positioning of Hong Kong as a centre for international legal and dispute resolution services in the Asia-Pacific region under the national policies.

         The Government has been committed to promoting the development of mediation in Hong Kong, encouraging a wider use of mediation by all sectors as a flexible and constructive approach in resolving disputes outside the courts to produce mutually acceptable settlements while keeping the risks, costs and time in control. It can help build a harmonious and stable society and foster a culture that embraces mutual support, respect, harmony and inclusiveness.

         To further promote mediation culture, the Mediation Clause Policy requires all government departments to incorporate mediation clauses in future government contracts, so as to further promote the use of mediation to resolve disputes first before resorting to arbitration or litigation.

         The Secretary for Justice, Mr Paul Lam, SC, said, “By taking the lead to incorporate mediation clauses in government contracts, the Government hopes to encourage private companies to include similar mediation clauses in their contracts, further promoting a ‘mediate first’ culture.

         “In conjunction with the establishment of the International Organization for Mediation’s headquarters in Hong Kong, the DoJ will continue to implement policy measures of deepening the mediation culture to build Hong Kong as the capital for international mediation.”

         The full policy statement can be found in the Annex to this press release.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: DH invites proposals for Community Dental Support Programme

    Source: Hong Kong Government special administrative region

    DH invites proposals for Community Dental Support Programme
    DH invites proposals for Community Dental Support Programme
    ***********************************************************

         The Department of Health (DH) today (November 6) invited interested organisations to submit proposals for providing services under the Community Dental Support Programme (CDSP).     Organisational applicants interested in participating in the CDSP must meet all of the following requirements:     

    Be a non-profit-making entity exempted from tax under Section 88 of the Inland Revenue Ordinance (Cap. 112) on or before the application closing date;
    Have established at least one clinic providing dental services to the public on or before the application closing date;
    Ensure that the registered dentists providing services are registered with eHealth and enrolled in the Primary Care Directory; and
    Be registered under Section 12 of the Dentists Registration Ordinance (Cap. 156) on or before the application closing date.

         In evaluating the submitted proposals, the DH will consider the requirements specified in the invitation documents.           The Working Group on Oral Health and Dental Care of the Health Bureau indicated in its Interim Report that in order to address the high demand for dental service provided through General Public (GP) Sessions under the DH, a new service model should be developed in collaboration with non-governmental organisations to supplement the GP Sessions. In response, the Government will pilot a Community Dental Support Programme in 2025 to increase service capacity, add service points and expand service scope, targeting designated underprivileged groups with financial difficulties requiring GP Session services.               ???Interested applicants can collect invitation documents from the DH’s Community Dental Service at Unit 01-P03, P08-09, 26/F, One Kowloon, 1 Wang Yuen Street, Kowloon Bay, or via email (aa1a_cds@dh.gov.hk).          Applications must be submitted to the DH’s Community Dental Service at Unit 01-P03, P08-09, 26/F, One Kowloon, 1 Wang Yuen Street, Kowloon Bay, by 9.30 am on December 2, 2024. Late applications will not be accepted. For enquiries, please call the Community Dental Service (2111 3465).

     
    Ends/Wednesday, November 6, 2024Issued at HKT 11:30

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Australia: 2024 Cook by-election: election funding payments finalised [6 November 2024]

    Source: Australian Electoral Commission

    AECMedia

    Updated: 6 November 2024

    The Australian Electoral Commission (AEC) has finalised election funding payments to political parties and candidates for the 2024 Cook by-election.

    Parties and candidates who received at least 4 per cent of the formal first preference vote at the 2024 Cook by-election received an automatic payment of election funding of $12,039. This initial payment amount was provided pursuant to the Commonwealth Electoral Act 1918 and is an indexed figure.

    To receive election funding greater than the automatic payment, agents of eligible political parties and candidates were required to lodge a claim with the AEC setting out electoral expenditure incurred. For the cook by-election, the period for lodging a claim for election funding was Friday 03 May 2024 to Monday 14 October 2024. Four political parties and one independent candidate were eligible for election funding. The AEC received and finalised 3 final claims for election funding between Friday 03 May 2024 to Tuesday 27 August 2024. The final claim was not received from one eligible political party and independent candidate.

    Total election funding paid by the AEC in relation to the Cook by-election was $260,700.41. This amount includes $60,195.00 in automatic payments and $200,505.41 in claims accepted. The following table is a breakdown of total election funding paid by the AEC.

    COOK BY-ELECTION – ELECTION FUNDING PAYMENT

    Political Party/Independent Candidate

    Total Election Funding Paid ($)

    Liberal Party of Australia

    177,160.11

    Animal Justice Party

    12,039.00

    The Greens NSW

    42,612.02

    Libertarian Party

    16,850.28

    Roger Charles Woodward

    12,039.00

    Total election funding paid:

    $260,700.41

    The determinations for claims for election funding are published on the Transparency Register.

    Video: Transparency Register – YouTube

    Editor’s notes:

    MIL OSI News –

  • MIL-OSI Economics: Money Market Operations as on November 05, 2024

    Source: Reserve Bank of India
    (Amount in ₹ crore, Rate in Per cent)
      Volume
    (One Leg)    		 Weighted
    Average Rate    		 Range
    A. Overnight Segment (I+II+III+IV) 539,697.48 6.12 5.00-6.60
         I. Call Money 9,966.71 6.31 5.10-6.40
         II. Triparty Repo 388,609.10 6.10 5.95-6.30
         III. Market Repo 139,673.67 6.17 5.00-6.60
         IV. Repo in Corporate Bond 1,448.00 6.37 6.30-6.50
    B. Term Segment      
         I. Notice Money** 64.10 6.28 6.20-6.30
         II. Term Money@@ 1,130.00 – 6.60-6.90
         III. Triparty Repo 775.00 6.18 6.15-6.30
         IV. Market Repo 1,877.57 6.49 6.40-6.65
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Tue, 05/11/2024 2 Thu, 07/11/2024 70,825.00 6.49
    3. MSF# Tue, 05/11/2024 1 Wed, 06/11/2024 1,651.00 6.75
    4. SDFΔ# Tue, 05/11/2024 1 Wed, 06/11/2024 126,097.00 6.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -195,271.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo Thu, 31/10/2024 14 Thu, 14/11/2024 24,697.00 6.49
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Mon, 04/11/2024 3 Thu, 07/11/2024 74,000.00 6.49
    3. MSF#          
    4. SDFΔ#          
    5. On Tap Targeted Long Term Repo Operations€ Mon, 15/11/2021 1095 Thu, 14/11/2024 250.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 2,275.00 4.00
    6. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£ Mon, 15/11/2021 1095 Thu, 14/11/2024 105.00 4.00
    Mon, 22/11/2021 1095 Thu, 21/11/2024 100.00 4.00
    Mon, 29/11/2021 1095 Thu, 28/11/2024 305.00 4.00
    Mon, 13/12/2021 1095 Thu, 12/12/2024 150.00 4.00
    Mon, 20/12/2021 1095 Thu, 19/12/2024 100.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 255.00 4.00
    D. Standing Liquidity Facility (SLF) Availed from RBI$       6,567.17  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -88,589.83  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -283,860.83  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on November 05, 2024 1,022,177.08  
         (ii) Average daily cash reserve requirement for the fortnight ending November 15, 2024 1,011,562.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ November 05, 2024 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on October 18, 2024 402,348.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    € As per the Press Release No. 2020-2021/520 dated October 21, 2020, Press Release No. 2020-2021/763 dated December 11, 2020, Press Release No. 2020-2021/1057 dated February 05, 2021 and Press Release No. 2021-2022/695 dated August 13, 2021.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    £ As per the Press Release No. 2021-2022/181 dated May 07, 2021 and Press Release No. 2021-2022/1023 dated October 11, 2021.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2024-2025/1434

    MIL OSI Economics –

  • MIL-OSI Economics: Co-Chairs’ Statement on Fifth U.S.-ASEAN Cyber Policy Dialogue

    Source: ASEAN – Association of SouthEast Asian Nations

    The Fifth U.S.-ASEAN Cyber Policy Dialogue was held in Singapore on October 17, 2024. The Dialogue was a demonstration of strong partnerships and a shared vision of an open, peaceful, interoperable, reliable, and secure cyberspace that supports international trade and commerce, strengthens international security, and fosters economic prosperity, free expression, and innovation. The United States and Cambodia co-chaired the dialogue.
    Reaffirming the U.S.-ASEAN. Leaders’ Statement on Promoting Safe, Secure, and Trustworthy Artificial Intelligence adopted at the 12th U.S.-ASEAN Summit in October 2024, participants discussed how states can enhance the positive, collaborative nature of the U.S.-ASEAN Comprehensive Strategic Partnership and advance a shared, affirmative vision for cyberspace, digital technologies, and the digital economy.
    Download the full statement here.

    The post Co-Chairs’ Statement on Fifth U.S.-ASEAN Cyber Policy Dialogue appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Australia: $678 million boost for Australian exports to UAE

    Source: Minister for Trade

    Today Australia and the United Arab Emirates (UAE) finalised the much-awaited elevation of our trade relationship with the signing of our Comprehensive Economic Partnership Agreement.

    To mark this important event, I was joined by the Minister for Foreign Trade, His Excellency Dr. Thani bin Ahmed Al Zeyoudi in Canberra, to officially sign our new trade agreement. 

    Alongside the Comprehensive Economic Partnership Agreement, we also signed an Investment Agreement and five Investment Memoranda of Understanding. 

    Our deal delivers for Australian farmers, producers, manufacturers, services providers, exporters and Australian workers, giving them unprecedented access and preferential treatment when they do business with the UAE.   

    The UAE is already Australia’s largest trade and investment partner in the Middle East with over $9.9 billion in two-way trade and $20.7 billion in two-way investment in 2023. This new trade and investment package will strengthen these relationships and provide a platform for growth in critical sectors of our economy.

    The trade agreement will eliminate tariffs on over 99 per cent of Australia’s exports to the UAE, making this the most liberalising trade agreement the UAE has signed to date. 

    Independent modelling estimates a potential annual increase in Australian goods exports to the UAE of around $678 million. 

    The agreement will create greater certainty for Australian services providers in over 120 sectors such as professional services, financial services and education wanting to do business in the UAE, who will benefit from clearer transparency in the way the industry is regulated.

    This agreement will also strengthen cooperation for Australia and the UAE to address shared environmental challenges, including commitments to work together on transitioning to net zero, addressing climate change, promoting the circular economy, reducing pollution, improving air quality, and preventing overfishing and illegal wildlife trade. 

    Investment provisions will provide a framework to support an increase in two-way investment. Importantly, the Australian Government’s right to regulate is protected, which means an Investor-State Dispute Settlement (ISDS) mechanism is not included in the package of outcomes.

    Additional commitments for anti-corruption and transparency, digital trade and skilled labour mobility, as well as outcomes on intellectual property will mean Australian enterprises of all sizes can confidently do business with the UAE. The package also includes cooperation and exchange of information to advance women’s economic empowerment in trade and investment. 

    Importantly, for the first time in our history, this agreement also includes a standalone chapter covering First Nations trade. The chapter will give First Nations businesses seeking to export their goods to the UAE preferential market access which will result in meaningful new commercial opportunities for First Nations businesses. 

    Details on the full package and independent modelling as well as key benefits to Australia are published on the DFAT website.

    MIL OSI News –

  • MIL-OSI Security: USINDOPACOM Hosts Korea Military Academy Cadets 

    Source: United States INDO PACIFIC COMMAND

    Adm. Samuel J. Paparo, commander of U.S. Indo-Pacific Command, spoke to cadets from the Korea Military Academy during their visit to USINDOPACOM headquarters on Camp H.M. Smith, Hawaii, Nov. 5, 2024.

    Paparo emphasized the importance of leadership, morale and the strategic alliance between the Republic of Korea and the United States to future leaders who will uphold the linchpin of security for mutual shared interests in the Indo-Pacific. The visit was a continuation from last month, when Paparo spoke at the KMA in the Republic of Korea and invited them to visit USINDOPACOM. 

    USINDOPACOM is committed to enhancing stability in the Indo-Pacific region by promoting security cooperation, encouraging peaceful development, responding to contingencies, deterring aggression and, when necessary, fighting to win.

    MIL Security OSI –

  • MIL-OSI: Orezone Reports Third Quarter 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    All dollar amounts are in USD unless otherwise stated and abbreviation “M” means million.

    VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) —  Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (“Orezone” or “Company”) reported its operational and financial results for the three and nine months ended September 30, 2024. The Company will host a conference call and webcast on November 6, 2024 commencing at 8:00am PT to discuss its quarterly and year-to-date performance, and outlook for the remainder of the year, including commentary on the progress of its Phase II hard rock expansion and early success on its multi-year, discovery-focus drilling campaign. Call access and webcast details are provided at the end of this press release.

    Patrick Downey, President and CEO, commented, “The third quarter provided a number of positive developments for our Bomboré Mine. Operationally, mining access was opened up in the Siga pits and grid power returned to normalized levels, both of which will ensure ongoing improved gold production and costs in Q4-2024. We generated solid free cash flow during the quarter and continued to pay down debt and advance the Phase II hard rock expansion which will set the path for Bomboré to increase annual gold production by 50% within the next 12 months. We also commenced our multi-year exploration program with the first two diamond drill holes from the current campaign returning robust results, with broad and above-average grade mineralization to 240 metres below the current pit limit, validating our belief that with further targeted drilling, Bomboré can grow into a 7 to 10 million ounce orebody.

    With unhedged gold sales at record prices continuing into the fourth quarter, we forecast generation of continued strong operating cashflow that will help support the Phase II expansion construction. The $58M Phase II term loan previously announced with Coris Bank is advancing and is expected to close in the coming weeks.”

    2024 THIRD QUARTER HIGHLIGHTS AND SIGNIFICANT SUBSEQUENT EVENTS

    (All mine site figures on a 100% basis)   Q3-2024 Q3-2023 9M-2024 9M-2023
    Operating Performance          
    Gold production oz 26,581 30,726   82,244   107,509
    Gold sales oz 27,698 29,167   83,864   105,914
    Average realized gold price $/oz 2,473 1,910   2,280   1,922
    Cash costs per gold ounce sold1 $/oz 1,410 1,152   1,297   936
    All-in sustaining costs1 (“AISC”) per gold ounce sold $/oz 1,655 1,306   1,519   1,088
    Financial Performance          
    Revenue $000s 68,652 55,803   191,680   203,911
    Earnings from mine operations $000s 22,340 13,882   72,389   81,042
    Net income attributable to shareholders of Orezone1 $000s 4,984 5,194   25,620   39,134
    Net income per common share attributable to shareholders of Orezone1
    Basic
    Diluted

    $
    $

    0.01
    0.01

    0.01
    0.01

    		  

    0.07
    0.06

    		  

    0.11
    0.11
    Adjusted EBITDA1 $000s 25,756 19,163   72,175   93,334
    Adjusted earnings attributable to shareholders of Orezone1 $000s 7,365 3,588   18,427   39,398
    Adjusted earnings per share attributable to shareholders of Orezone1 $ 0.02 0.01   0.05   0.11
    Cash and Cash Flow Data          
    Operating cash flow before changes in working capital $000s 18,888 16,474   53,876   82,839
    Operating cash flow $000s 24,043 6,978   29,677   66,059
    Free cash flow1 $000s 14,120 (4,024 ) (818 ) 35,490
    Cash, end of period $000s 66,900 27,711   66,900   27,711

    1 Cash costs, AISC, Adjusted EBITDA, Adjusted earnings, Adjusted earnings per share, and Free cash flow are non-IFRS measures. See “Non-IFRS Measures” section below for additional information.

    • Safety: Continued strong safety performance with 1.31M and 3.68M hours worked without a lost-time injury for Q3-2024 and 9M-2024, respectively.
    • Liquidity: Free cashflow generation of $14.1M in Q3-2024 despite the continued build-up of VAT receivables and Phase II Expansion capital expenditures in the quarter. Cash stood at $66.9M at September 30, 2024, increases of $55.5M from June 30, 2024 and $47.4M from December 31, 2023, respectively.    
    • Gold Production and Costs:   Gold production of 26,581 ounces at an AISC of $1,655/oz as a result of an above-average strip ratio due to mine sequencing, and drawdown of lower-grade stockpiles due to heavy rainfall events restricting pit access during the quarter combined with higher-than-budgeted government royalties from a better realized gold price.
    • Siga Pits Mining Extension: Mining at Siga East ramped up in Q3-2024 after the relocation of households to the new MV3 resettlement site in June 2024 while mining at Siga South commenced in August 2024. The Q4-2024 mine plan calls for greater mill delivery of higher-grade ore tonnes from the Siga pits as mining productivity and material movement are forecasted to improve with the end of the rainy season and the recent expansion of the contractor mining fleet. Two new heavy-duty excavators and twenty new haul trucks were mobilized to site at the end of October and were placed into service at the start of November. As a result, quarterly gold production is expected to be the highest in Q4-2024 as demonstrated by the production of 12,096 gold ounces in October.
    • Phase II Hard Rock Expansion (“Phase II Expansion”) Approval: The Company announced on July 10, 2024 that its Board of Directors had approved the Phase II Expansion after securing over $105M in new debt and equity for the construction. On August 8, 2024, the Company completed the issuance of 92,743,855 common shares at a share price of C$0.70 for net proceeds of C$64.8M ($47.3M). Concurrently, the Company is working on closing its XOF 35.0 billion ($58M) senior secured loan (“Phase II Term Loan”) with Coris Bank International (“Coris Bank”) in November 2024. The draft loan agreement with Coris Bank is in final form and the Company is now arranging for intercreditor consents from the convertible debenture holders for this additional senior debt.      
    • Phase II Expansion Early Achievements: Expansion activities are advancing ahead of schedule while committed costs are tracking on budget. The Company has placed over 50% of all packages, including CIL tank platework and 95% of all process equipment, including the purchase of a new, pre-owned 9MW 26’ diameter SAG mill. For site activities, all bulk earthwork is complete, and the laydown area is ready to receive deliveries. Rapid progress on major site contracts such as concrete will see these contracts awarded early, thereby adding further float to the schedule for first gold. For the 9M-2024, the Company has expended $9.8M on both early works and the on-going Phase II Expansion, and expects to expend a further $9M – $12M in Q4-2024 as the Company rapidly advances the expansion towards first gold in Q4-2025.
    • Multi-year Exploration Campaign Commencement: The Company initiated a 30,000 m, multi-year discovery focused drill program designed to test the broader size and scale of the Bomboré mineralized system with the goal of increasing the Bomboré global resource to 7M to 10M gold ounces. Results from the first two drill holes at the North Zone intercepted mineralization 240 m below the current reserve pit limit, including 1.67 g/t gold over 46.00 m, demonstrating the continuity of the mineralized system at depth, both in terms of grade and overall width (see the Company’s October 10, 2024 news release). Additional drill results from the next round of drilling are set for release before the end of 2024.
    • Better Grid Power Availability: Availability of grid power normalized in Q3-2024 with the national grid supplying 92% of Bomboré mine’s power needs, up significantly from Q2-2024 when grid power provided only 34% of power consumption.  
    • Debt Reduction: Scheduled principal repayments of XOF 3.0 billion ($5.0M) were made in Q3-2024 on the Company’s Phase I senior loan with Coris Bank.

    2024 Guidance for Bomboré Mine

    Operating Guidance (100% basis) Unit Original
    2024 Guidance    		 Revised
    2024 Guidance    		 9M-2024
    Actuals
    Gold production Au oz 110,000 – 125,000 Unchanged   82,244
    All-In Sustaining Costs123 $/oz Au sold $1,300 – $1,375 $1,400 – $1,475 $1,519
    Sustaining capital2 $M $14 – $15 Unchanged $11.7
    Growth capital – non Phase II Expansion2 $M $16 – $17 Unchanged $13.2
    Growth capital – Phase II Expansion early works2 $M No guidance provided $3.6 $3.6
    Growth capital – Phase II Expansion2 $M No guidance provided $15.0 – $18.0 $6.2
    1. AISC is a non-IFRS measure. See “Non-IFRS Measures” section below for additional information.
    2. Foreign exchange rates used to forecast cost metrics include XOF/USD of 600 and CAD/USD of 1.30.
    3. Government royalties of $160/oz included in original AISC guidance based on an assumed gold price of $2,000 per oz. Government royalties of $200/oz is now estimated in the revised AISC guidance from a better gold price realized.

    2024 gold production is expected to be at or above the mid-point of guidance with AISC now guided to fall within $1,400/oz to $1,475/oz, a minor increase to the original guidance, mainly due to the impact of higher power costs from the lack of grid availability in H1-2024 (~$60/oz) and from higher government royalties (~$40/oz) on better realized gold prices.

    Sustaining capital for 2024 is expected to reach the low-end of the $14M – $15M guidance range as spending in Q4-2024 will be limited mainly to the ongoing tailings storage facility (“TSF”) expansion (stage 4 lift) and completion of the new on-site explosives magazine.

    Growth capital consists of two carryover projects from 2023:

          (i)      Power connection to Burkina Faso’s national grid (9M-2024 actuals: $1.4M)

    The powerline was energized in January 2024, and system commissioning of the new line and substations were completed in March 2024. Remaining equipment and software upgrades to shorten the transfer between the grid and back-up gensets, and to reduce the quantity of reactive power are expected to be implemented by year-end.

          (ii)      Resettlement Action Plan (“RAP”) – Phases II and III (9M-2024 actuals: $11.8M)

    RAP Phases II and III commenced in 2023 and will see the construction of over 2,200 private and public structures in three new resettlement communities (MV3, MV2, and BV2) to help relocate communities occupying areas in the southern half of the Bomboré mining permit.

    The Company successfully relocated families to the new MV3 resettlement site in June 2024 and is currently constructing the new MV2 resettlement site with construction progress reaching 85% at the end of Q3-2024. Relocation of households to MV2 and the start of construction works at BV2 are scheduled for in Q4-2024.

    RAP spending, including costs for compensation, consultants, relocation allowances, and livelihood restoration programs, is forecasted to remain unchanged at between $15M to $16M for 2024.

    BOMBORÉ GOLD MINE (100% BASIS) – OPERATING HIGHLIGHTS

        Q3-2024 Q3-2023 9M-2024 9M-2023
    Safety          
    Lost-time injuries frequency rate per 1M hrs 0.00 0.00   0.00 0.00  
    Personnel-hours worked 000s hours 1,308 1,128   3,680 3,093  
    Mining Physicals          
    Ore tonnes mined tonnes 1,457,631 2,231,360   5,826,711 6,364,169  
    Waste tonnes mined tonnes 2,690,759 2,654,010   9,265,615 8,188,409  
    Total tonnes mined tonnes 4,148,390 4,885,370   15,092,326 14,552,578  
    Strip ratio waste:ore 1.85 1.19   1.59 1.29  
    Processing Physicals          
    Ore tonnes milled tonnes 1,491,740 1,453,541   4,275,755 4,299,394  
    Head grade milled Au g/t 0.64 0.74   0.68 0.86  
    Recovery rate % 87.4 88.8   87.8 90.9  
    Gold produced Au oz 26,581 30,726   82,244 107,509  
    Unit Cash Cost          
    Mining cost per tonne $/tonne 3.76 3.19   3.49 2.99  
    Mining cost per ore tonne processed $/tonne 9.58 7.79   8.85 6.93  
    Processing cost $/tonne 7.94 9.80   8.77 9.90  
    Site general and admin (“G&A”) cost $/tonne 3.77 3.98   3.84 3.64  
    Cash cost per ore tonne processed $/tonne 21.29 21.57   21.46 20.47  
    Cash Costs and AISC Details          
    Mining cost (net of stockpile movements) $000s 14,295 11,319   37,834 29,786  
    Processing cost $000s 11,846 14,238   37,486 42,566  
    Site G&A cost $000s 5,617 5,787   16,405 15,671  
    Refining and transport cost $000s 51 66   304 378  
    Government royalty cost $000s 5,500 3,503   15,227 12,345  
    Gold inventory movements $000s 1,748 (1,303 ) 1,539 (1,584 )
    Cash costs1on a sales basis $000s 39,057 33,610   108,795 99,162  
    Sustaining capital $000s 4,453 2,606   11,752 10,444  
    Sustaining leases $000s 73 41   219 228  
    Corporate G&A cost $000s 2,255 1,837   6,643 5,451  
    All-In Sustaining Costs1on a sales basis $000s 45,838 38,094   127,409 115,285  
    Gold sold Au oz 27,698 29,167   83,864 105,914  
    Cash costs per gold ounce sold1 $/oz 1,410 1,152   1,297 936  
    All-In Sustaining Costs per gold ounce sold1 $/oz 1,655 1,306   1,519 1,088  

    1 Non-IFRS measure. See “Non-IFRS Measures” section for additional details.

    Bomboré Production Results

    Q3-2024 vs Q3-2023

    Gold production in Q3-2024 was 26,581 ounces, a decline of 13% from the 30,726 ounces produced in Q3-2023. The lower gold production is attributable to a 14% decrease in head grades and a 2% decrease in plant recoveries, partially offset by a 3% increase in plant throughput. The better head grades in Q3-2023 were from the sequencing of higher-grade pits in earlier periods of the mine plan, and greater ore release from more tonnes mined allowing for the stockpiling of lower-grade ore. Less tonnes were mined in Q3-2024 due to lower contractor equipment availability and heavier-than-average rainfall events combined with mining rates in Q3-2023 benefiting from the deployment of a second mining contractor. Pre-stripping activities at the Siga pits increased the strip ratio (1.85 vs 1.19) in Q3-2024, leading to the temporary drawdown of lower grade stockpiles to maintain mill throughput in August 2024. Plant recoveries for Q3-2024 were marginally lower from the greater blend of transition ore in the mill feed as mining deepens in certain pits. The presence of transition ore results in slightly lower metallurgical recoveries and additional plant maintenance due to the harder nature of the ore. Plant throughput increased in Q3-2024 as the Company successfully improved hourly plant throughput by increasing mill power draw and reducing residence time in the CIL circuit without a noticeable effect of recovery rates. Plant throughput was further impacted in Q3-2024 by a ball mill reline performed at the end the quarter (no comparable mill reline in Q3-2023). This mill reline was brought forward from Q4-2024 to ensure maximum mill availability during Q4-2024 when higher-grade ore from the SIGA pits is mined.

    Plant throughput, head grades, and recoveries in Q4-2024 are expected to improve quarter-over-quarter as mining ramps up at Siga East and Siga South for the full quarter, with more contribution of higher-grade, softer ore to the mill feed, and from the completion of all scheduled major plant maintenance in earlier periods of the year.

    9M-2024 vs 9M-2023

    Gold production in 9M-2024 was 82,244 ounces, a decline of 24% from the 107,509 ounces produced in 9M-2023. The lower gold production is attributable to a 20% decrease in head grades, a 3% decrease in plant recoveries, and a 1% decrease in plant throughput. Head grades were higher in 9M-2023 as a result of processing high-grade stockpiles accumulated during the Phase I construction, which were fully depleted by June 2023, and from the sequencing of higher-grade pits in earlier periods of the mine plan. Plant recoveries were lower in 9M-2024 mainly from a greater blend of transition ore. Plant throughput was marginally lower in 9M-2024 due to plant downtime in Q2-2024 caused by frequent grid blackouts and power dips, and time lost to switch to back-up gensets. Grid availability returned to normal levels beginning in July 2024 and with steady grid power, plant throughput is expected to reach a quarterly record in Q4-2024.

    Bomboré Operating Costs

    Q3-2024 vs Q3-2023

    AISC per gold ounce sold in Q3-2024 was $1,655, a 27% increase from $1,306 per ounce sold in Q3-2023. The higher AISC is primarily the result of: (a) a 14% decline in Q3-2024 gold production as explained above; (b) greater per ounce royalty costs from new royalty rates that took effect in October 2023, coupled with a 29% higher realized selling price ($2,473/oz vs $1,910/oz); and (c) increased unit mining costs with deeper pits, drill-and-blast associated with harder transition ore mined, and higher strip ratio, partially offset by a reduction in power costs from the utilization of lower-cost grid energy.

    Cash cost per ore tonne processed in Q3-2024 was $21.29 per tonne, a decrease of 1% from $21.57 per tonne in Q3-2023 mainly from the use of lower-cost grid power in Processing ($7.94/tonne vs $9.80/tonne) and lower site G&A costs ($3.77/tonne vs $3.98/tonne) from tight spending control, partially offset by a 23% increase ($9.58/tonne versus $7.79/tonne) in mining costs per ore tonne processed.

    Mining costs have increased as lower benches are mined resulting in longer hauls and more transition material that requires some drill-and-blast prior to excavation and greater rehandle prior to feeding into the dump pocket on the ROM pad. In addition, unit costs have increased from a higher strip ratio from the pre-stripping of the Siga pits and the waste pushback to the H1 pit that experienced a minor wall failure in 2023.

    Processing costs per ore tonne have benefitted from the introduction of grid power to the Bomboré mine in February 2024 with power cost per tonne dropping to $2.80/tonne in Q3-2024 from $4.94/tonne in Q3-2023, a decrease of $2.14/tonne. Further savings in power costs were offset by a greater blend of transition ore requiring higher per tonne consumption of power and from the rental and use of back-up diesel gensets to supply power when the grid was unavailable. Grid utilization dramatically improved in Q3-2024 at 92% versus 34% in Q2-2024 when issues with the supply system in Ghana and Côte D’Ivoire temporarily reduced the export of power into Burkina Faso. Processing costs in Q3-2024 was also impacted by higher maintenance costs from the ball mill reline.

    9M-2024 vs 9M-2023

    AISC per gold ounce sold in 9M-2024 was $1,519, a 40% increase from $1,088 per ounce sold in 9M-2023. The higher AISC were due namely for the same reasons as explained in the above section.

    NON-IFRS MEASURES

    The Company has included certain terms or performance measures commonly used in the mining industry that is not defined under IFRS, including “cash costs”, “AISC”, “EBITDA”, “adjusted EBITDA”, “adjusted earnings”, “adjusted earnings per share”, and “free cash flow”. Non-IFRS measures do not have any standardized meaning prescribed under IFRS, and therefore, they may not be comparable to similar measures presented by other companies. The Company uses such measures to provide additional information and they should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. For a complete description of how the Company calculates such measures and reconciliation of certain measures to IFRS terms, refer to “Non-IFRS Measures” in the Management’s Discussion and Analysis for the three and nine months ended September 30, 2024 which is incorporated by reference herein.

    CONFERENCE CALL AND WEBCAST

    The condensed consolidated interim financial statements and Management’s Discussion and Analysis are available at www.orezone.com and on the Company’s profile on SEDAR+ at www.sedarplus.ca. Orezone will host a conference call and audio webcast to discuss 2024 third quarter results on November 6, 2024 at 8:00am PT (11:00am ET).

    Webcast
    Date:    Wednesday, November 6, 2024
    Time:    8:00 am Pacific time (11:00 am Eastern time)
    Please register for the webcast here:  Orezone Q3-2024 Conference Call and Webcast

    Conference Call

    Toll-free in U.S. and Canada: 1-800-715-9871
    International callers: +646-307-1963
    Event ID: 9776163

    QUALIFIED PERSONS
    The scientific and technical information in this news release was reviewed and approved by Mr. Rob Henderson, P. Eng, Vice-President of Technical Services and Mr. Dale Tweed, P. Eng., Vice-President of Engineering, both of whom are Qualified Persons as defined under NI 43-101 Standards of Disclosure for Mineral Projects.

    About Orezone Gold Corporation

    Orezone Gold Corporation (TSX: ORE OTCQX: ORZCF) is a West African gold producer engaged in mining, developing, and exploring its 90%-owned flagship Bomboré Gold Mine in Burkina Faso. The Bomboré mine achieved commercial production on its Phase I oxide operations on December 1, 2022, and is now proceeding with its staged Phase II hard rock expansion that is expected to materially increase annual and life-of-mine gold production from the processing of hard rock mineral reserves. Orezone is led by an experienced team focused on social responsibility and sustainability with a proven track record in project construction and operations, financings, capital markets, and M&A.   

    The technical report entitled Bomboré Phase II Expansion, Definitive Feasibility Study is available on SEDAR+ and the Company’s website.

    Patrick Downey
    President and Chief Executive Officer

    Vanessa Pickering
    Manager, Investor Relations

    Tel: 1 778 945 8977 / Toll Free: 1 888 673 0663
    info@orezone.com / www.orezone.com

    For further information please contact Orezone at +1 (778) 945-8977 or visit the Company’s website at www.orezone.com.

    The Toronto Stock Exchange neither approves nor disapproves the information contained in this news release.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains certain information that constitutes “forward-looking information” within the meaning of applicable Canadian Securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws (together, “forward-looking statements”). Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “potential”, “possible” and other similar words, or statements that certain events or conditions “may”, “will”, “could”, or “should” occur, and include, amongst other statements, the Phase II hard rock expansion setting the path for Bomboré to increase annual gold production by 50% within the next 12 months and that Bomboré can grow into a 7 to 10 million ounce orebody.

    All forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements including, but not limited to, terrorist or other violent attacks, the failure of parties to contracts to honour contractual commitments, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure, the possibility of project cost overruns or unanticipated costs and expenses, accidents and equipment breakdowns, political risk, unanticipated changes in key management personnel, the spread of diseases, epidemics and pandemics diseases, market or business conditions, the failure of exploration programs, including drilling programs, to deliver anticipated results and the failure of ongoing and uncertainties relating to the availability and costs of financing needed in the future, and other factors described in the Company’s most recent annual information form and management’s discussion and analysis filed on SEDAR+ on www.sedarplus.ca. Readers are cautioned not to place undue reliance on forward-looking statements.

    Forward-looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management at such time. These assumptions and factors include, but are not limited to, assumptions and factors related to the Company’s ability to carry on current and future operations, including: development and exploration activities; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company’s ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the price and market for outputs, including gold; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.

    Although the forward-looking statements contained in this press release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this press release.

    The MIL Network –