NewzIntel.com

Blog

  • MIL-OSI Australia: Feeling sleepy and worried about your mental alertness?

    Source: University of South Australia

    16 October 2024

    At some point, many of us have experienced the post-lunch sleepy hour, struggling to stay alert mid-afternoon, and reaching for the water bottle to rehydrate a tired body.

    But what about those people who suffer from “excessive daytime somnolence”, aka sleepiness that lasts throughout the day?

    It’s a recognised medical condition that is normally diagnosed by a doctor after a full-day hospital procedure, undergoing what is called the Multiple Wakefulness Test (MWT).

    Now, researchers from the University of South Australia have identified a new, brain-based measure of sleepiness that may provide a diagnosis in just two minutes.

    Electrodes attached to the scalp in the form of an electroencephalogram (EEG) measure the electrical activity of the brain and this activity can determine the length of time it takes an individual to fall asleep.

    In a separate, recent paper published in Brain Research, lead researcher, UniSA neuroscientist Dr Alex Chatburn, says that using new EEG markers linked to biological processes could predict whether someone is safe enough to drive, operate machinery, or even have the mental capacity to sit an exam.

    “Sleepiness is a critical biological signal that indicates the body’s need for sleep, yet measuring this state in humans remains elusive,” Dr Chatburn says.

    “While EEG technology has long been used to study brain activity during sleep, traditional markers face significant limitations and don’t tell the whole story. They don’t reflect the underlying biological processes, whereas our method tracks neuronal excitability, corresponding with the brain’s sleep-wake processes.”

    Dr Chatburn says the research has wide-ranging implications.

    “A better understanding of sleepiness could not only advance scientific knowledge, but also provide practical benefits for managing sleep disorders like insomnia, sleep apnoea or other disorders where individuals experience disrupted sleep but do not feel sleepy.

    “These findings could also inform workplace safety, where detecting and managing sleepiness could prevent accidents in industries that demand high levels of attention.”

    The team are presenting their findings at the Sleep DownUnder 2024 conference in the Gold Coast this week.

    …………………………………………………………………………………………………………………………

    Media contact: Candy Gibson M: +61 434 605 142 E: candy.gibson@unisa.edu.au
    Researcher contact: Dr Alex Chatburn E: alex.chatburn@unisa.edu.au

    Other articles you may be interested in

    MIL OSI News –

  • MIL-OSI New Zealand: Mayor to promote Auckland in key international markets

    Source: Auckland Council

    Auckland Mayor Wayne Brown is embarking on official visits to Brazil and China aimed at increasing trade and fostering relations between New Zealand’s largest city and countries with a combined population of over 1.6 billion.

    He will be supporting senior delegations of Auckland-based business leaders seeking to promote their products in these key markets.

    The potential creation of a dedicated passenger and freight air link between Asia, Auckland and South America – the Southern Cross trade connection, also known as Southern Link – will be a key discussion point on both legs.

    “Trade between China and Brazil totals around $490 billion annually – there is a huge opportunity for Auckland to tap into that with an air link that stops here and allows our businesses to get their products into these markets reliably, quickly and cost-effectively,” Mayor Brown said.

    “This is all about driving new investment in Auckland and helping companies based here to tap into export opportunities.

    “We have to be proactive and unapologetic about reaching out, building links and letting the world know that Auckland is a thriving and progressive place that welcomes trade and investment.

    “I’m very pleased to have a number of Auckland-based business leaders joining me at their own expense who see value and opportunity in taking our city to the world.

    “Modern Auckland is a cultural melting pot – we are a Pacific city in Asia, with more than 170,000 people who identify as Chinese alone living here. It’s important to keep reinforcing that we are proud, outward-looking people wanting to participate in the world around us.”

    The Mayor is well-acquainted with both countries, having been to Brazil on several occasions and written a book that was translated into Portuguese and sold well in Brazil. He has also led business delegations to China while he had his own interests.

    In 2008, he was invited by then-Prime Minister Rt Hon Helen Clark to travel to Beijing for the signing of the China-New Zealand Free Trade Agreement, where a particular highlight was attending the formal lunch to celebrate the signing with Premier Wen Jiabao.

    He is an official invited guest of the New Zealand Government whilst in Brazil, departing October 20 and returning October 25. It will be the first time an Auckland Mayor has made an official visit to Brazil, with a population well in excess of 200 million.

    He will accompany Trade Minister Todd McClay to a bilateral meeting with the Vice-Governor of São Paulo and participate in an economic and business briefing.

    There will also be a roundtable event hosted by NZ Trade and Enterprise, a partnership signing between New Zealand companies and their Brazilian customers and a NZ Business Technology Showcase featuring local companies in the technology and manufacturing sectors.

    The Mayor will return to Auckland before travelling to China on 31 October, leading a delegation of New Zealand business leaders for a series of official events.

    It will be the first time in five years an official delegation from Auckland has gone to China – New Zealand’s biggest export market worth more than $20 billion annually.

    He will have meetings with members of the Hainan Government in Haikou, support Auckland businesses exhibiting at the China International Import Expo in Shanghai, meet the China Chamber of Commerce in Ningbo, meet the Mayor of Ningbo and speak at a function in Guangzhou recognising 35 years of Auckland’s sister city relationship.

    While in Guangzhou, the Mayor will visit Auckland companies with operations there, including Zuru, before attending the International Friendship Cities Cooperation and Development Conference in Chengdu at the invitation of the Sichuan Government.

    The Mayor will be taking a particular interest in China’s approach to rapid infrastructure development – noting it has rolled out 46,000km of high-speed rail in under 20 years – and will look for opportunities for Auckland to benefit from better, faster and cheaper delivery methods.

    He will stop briefly in Tokyo en-route back to Auckland for a meeting with the Tokyo Metropolitan Government and attend part of the 50th Japan-New Zealand Business Council Conference before returning to Auckland on 17 November.

    The travel has been approved by the chair of council’s audit committee and complies with council rules. One Mayoral Office staff member will accompany the Mayor on each leg and the total cost is expected to be around $75,000, with business delegates meeting their own travel costs.

    Deputy Mayor Desley Simpson will be Acting Mayor in Mayor Brown’s absence.

    MIL OSI New Zealand News –

  • MIL-OSI Australia: Interview with Matthew Pantelis, FIVEAA

    Source: Australian Treasurer

    MATTHEW PANTELIS:

    The practice of dynamic ticket pricing will be banned in Australia. This is where you go to buy a concert ticket and it might be advertised, let’s just call it $100. But then there’s all these hidden fees and charges that are added to it and suddenly $100 is, you know, 2, $300. I don’t know if that’s the best example, but it’s how it sort of works. Now, the price might be too low to start with in my example, but you do get the idea. So, you quoted a price, but it turns out that is not the finishing price. Stephen Jones, Assistant Treasurer, the government making moves to cancel this policy, this practice. Thank you for your time, Assistant Treasurer. The issue of dynamic ticket pricing, it is pretty widespread I imagine.

    STEPHEN JONES:

    It is pretty widespread, whether it’s concert tickets, whether it’s sporting events, tennis tickets, the Australian Open was a pretty famous example of that. Most recently, it’s become an increasing feature of it. So, our changes to the Australian Consumer Law, focusing on 3 issues in particular. One is dynamic pricing, which we’ve just been discussing. That’s when you go online, the price might be $150 a ticket, but there’s a surge in demand at the time you go online and all of a sudden you find yourself paying $300 for a ticket. That’s one practice.

    The second one is drip pricing, and that’s when they advertise a charge which a ticket price or a charge for a particular product. It might be $100. You’re finding your way through the transaction and screen by screen, form by form, another price gets added on, another fee gets added on, another fee gets added on, and all of a sudden you see a massive inflation in the price. It’s called drip pricing and it’s going to stop.

    And then the third one is what we call subscription traps. Your listeners would be familiar with this. It’s where you subscribe to a streaming service or a gym, and it’s really easy to subscribe and almost impossible to unsubscribe. So, there are 3 things which are clearly ripping Australian consumers off, and the government is going to introduce new laws to crack down on these behaviours.

    PANTELIS:

    You wonder why this hasn’t been done before, frankly. I mean, it is – it’s just a rip‑off.

    JONES:

    It is a rip‑off. And our government – the Albanese government – is focusing on a raft of changes to Australian consumer and financial services law and other practices. You would have heard us talking about the need to knock these surcharges on the head for using your debit card to access your own money at a coffee shop, or a restaurant, or wherever you’re shopping, and in a range of other areas. I’m doing a lot of work on scams as well. Basically, what we need to do is ensure that Australians are better protected and have more rights and ensure that we can drag the Australian Consumer Law into the 21st century.

    PANTELIS:

    What about the marketing pushes that you get around the place where they say, if you don’t get your ticket now, you’re going to miss out? Reality is they’ve got thousands.

    JONES:

    Yeah. These are creating a false sense of scarcity and there might be a clicking clock on the screen that you’re shopping on, or they might flash up and say, only one left to go. And 5 people are inquiring about this product. In reality, there’s no shortage. It’s just trying to get you to rush in to make a purchase and trying to get you to suspend all the normal caution that you might have or stop you shopping around for a better deal. They’re sharp practices that really are on the edge of misleading and deceptive conduct, which is already outlawed under Australian Consumer Law. But we’re going to make sure that these sort of very specific practices are banned.

    PANTELIS:

    Yeah, all right. You mentioned scams. Any hope for people getting their money back if they’re scammed in the future?

    JONES:

    Yes, there will be. Under the current arrangements, there’s no clear obligations on either the banks, the telecommunications companies, or the social media platforms if people get scammed by using their service. I’m introducing laws in a few weeks time which will create clear obligations and clear avenues for addressing compensation if the banks, the telcos and the social media companies don’t meet those obligations. So, a major uplift in the law in this area and new channels for compensation, fines, and penalties as well.

    PANTELIS:

    All right, while I have you, Stephen Jones, Assistant Treasurer – the Prime Minister, buying a $4 million house on a clifftop in NSW. Is that a good look given many Australians can’t afford a $500,000 house at the moment? In fact, they don’t exist anymore.

    JONES:

    Yeah, look, I won’t comment on whether it’s a good look or not. It’s a private matter that PM and Jodie, his fiancée, getting married next year, and I understand they’ve sold a couple of properties that they own separately and are buying one jointly. But I got to say, the housing policy that I’m focused on is how we build more homes for everyday Australians, how we make it easier for them to get into the housing market, and how we help renters as well. And we’ve got bills before the Senate at the moment. They’re being blocked by the far left and by the Coalition on this, and we’ve just got to get them through parliament. This is the stuff that’s going to make a difference to ordinary Australians.

    PANTELIS:

    Do you think, too, it sends the wrong message on climate change? Buying a house on a clifftop where erosion can occur, all of that. I mean, the PM doesn’t seem to mind.

    JONES:

    Well, I think it’s my understanding in the photo I saw it was on top of the cliff, not down on the beach. So, I’m not sure that that’s the concern. I come from a coastal area. I’ve got to say we’re all pretty –

    PANTELIS:

    Well, you’d know there’s erosion.

    JONES:

    – switched on about the issue of erosion. But like I said, I want to focus on our policies to build more houses, because the biggest problem we have in Australia at the moment is there are not enough houses for the people who are living here. So, more units, more houses, and we’ve got to get it done quickly.

    PANTELIS:

    Appreciate your time. Thank you.

    JONES:

    Good to be with you.

    PANTELIS:

    Stephen Jones, who is the Assistant Treasurer.

    MIL OSI News –

  • MIL-OSI China: Political settlement of peninsula issue urged

    Source: China State Council Information Office 3

    China has taken note of the current situation on the Korean Peninsula and urged relevant parties to work actively for a political settlement of the issue, Foreign Ministry spokeswoman Mao Ning said on Tuesday.

    “As a close neighbor of the Korean Peninsula, China is closely monitoring the developments of the situation on the peninsula and the relations between the Democratic People’s Republic of Korea and the Republic of Korea,” Mao said at a regular news briefing in Beijing.

    The ROK’s joint chiefs of staff said its military fired shots within southern limits of the inter-Korean border as it bolstered its readiness and surveillance posture, as the ROK issued a statement saying that the DPRK blew up parts of inter-Korean roads in the north.

    The statement said the DPRK military carried out detonations around noon, purportedly with the objective to block roads on the DPRK side of the western Gyeongui and the eastern Donghae lines, north of the military demarcation line.

    On Oct 9, the general staff of the Korean People’s Army said the DPRK would completely cut off road and railway links to the ROK and fortify relevant areas on its side with strong defense structures.

    Mao, the Foreign Ministry spokeswoman, said that tensions on the peninsula do not serve the common interests of parties concerned and the top priority is to avoid further escalation of the situation.

    “China’s position of being committed to safeguarding peace and stability on the peninsula and promoting a political settlement has not changed,” she said.

    After Tuesday’s demolitions, a video released by the ROK military showed an explosion and a plume of smoke rising above an area of road where the DPRK had put up a black barrier.

    The cross-border roads and railways are remnants of rapprochement that included a 2018 summit.

    Tensions mounted after the DPRK last week accused the ROK of sending drones over its capital Pyongyang. It said the drones scattered a “huge number” of anti-DPRK leaflets, and warned that Seoul would “pay a dear price” for this.

    The DPRK has “secured clear evidence” showing that the ROK military is the “main culprit” of the hostile provocation of violating the DPRK’s sovereignty by intruding into the sky over its capital, said Kim Yo-jong, vice-department director of the Central Committee of the Workers’ Party of Korea.

    The ROK government has declined to say whether its military or civilians had flown the alleged drones.

    The government of the ROK’s Gyeonggi Province, bordering the DPRK, said on Tuesday that a special police force would be brought in to crack down on the practice of flying anti-DPRK leaflets from some border areas.

    The ROK’s constitutional court overturned a ban on such practice last year.

    MIL OSI China News –

  • MIL-OSI Australia: Medicare Urgent Care Clinic delivering for Bendigo

    Source: Australian Treasurer

    The Albanese Government is delivering Bendigo better access to free, high‑quality health care, with a new Medicare Urgent Care Clinic now open.

    The Bendigo Medicare Urgent Care Clinic is available for patients who need immediate care for non‑life threatening conditions like sprains, infections, rashes or cuts.

    Treasurer Jim Chalmers MP and the Member for Bendigo Lisa Chesters MP today visited the Bendigo Medicare Urgent Care Clinic to officially open it.

    There have been more than 800 presentations to the Bendigo Medicare Urgent Care Clinic since it started operation last month.

    This is good news for Bendigo Hospital, where one in three presentations to the emergency room have been for non‑urgent and semi‑urgent issues – saving families time, and making sure busy healthcare workers can prioritise patients who badly need beds.

    The largest proportion of presentations to the Bendigo Medicare Urgent Care Clinic have been children, with over 1 in 3 visits from individuals aged under 18 years old. Almost half of these visits occurred after hours.

    Medicare Urgent Care Clinics are open seven days a week, with no appointment needed, and importantly all patients are fully bulk billed.

    Located at 121 Arnold Street, the Bendigo Medicare Urgent Care Clinic is open 10am‑10pm Friday through Tuesday and 10am‑6pm Wednesday and Thursday.

    There are now 76 Medicare Urgent Care Clinics open across Australia, which have seen more than 802,000 presentations since the first sites opened in June 2023.

    This includes over 177,000 presentations to Victorian Medicare Urgent Care Clinics.

    Quotes attributable to Treasurer Jim Chalmers:

    “The Bendigo Urgent Care Clinic is already making a difference in the health of the people of Bendigo by providing cheaper and easier access to a doctor and easing pressure on Bendigo Hospital.

    “From bruises to burns, coughs, colds or cuts, you can head straight to the clinic, free of charge, rather than to the emergency department.

    “This Clinic is delivering quicker care close to home for lots of people, while freeing up the hardworking doctors and nurses at the hospital to focus on saving lives.”

    Quotes attributable to Minister Butler:

    “The Bendigo Medicare Urgent Care Clinic is a game changer.

    “Already it’s delivering urgent care to locals and taking pressure off the Bendigo Emergency Department.

    “The Bendigo Medicare Urgent Care Clinic is open extended hours, seven days a week and importantly all patients need is their Medicare card, not their credit card.”

    Quotes attributable to Lisa Chesters MP:

    “Bendigo is thriving and growing and it’s important that health infrastructure keeps pace.

    “The Albanese Government is delivering better access to urgent care, free of charge and with no appointment needed.

    “There’s very limited access to after‑hours GPs in our region and the Bendigo Medicare Urgent Care Clinic will help ensure that people who need non‑emergency care aren’t sitting at the ED.”

    MIL OSI News –

  • MIL-OSI USA: Photos: Rubio Visits Sarasota County Post-Hurricane Milton

    US Senate News:

    Source: United States Senator for Florida Marco Rubio

    Photos: Rubio Visits Sarasota County Post-Hurricane Milton

    Oct 15, 2024 | Press Releases

    Following Hurricane Milton’s catastrophic impact on communities throughout Florida, U.S. Senator Marco Rubio (R-FL) met with county and local officials, emergency personnel, small business owners, and members of the National Guard in Sarasota County to discuss the storm’s impact as well as ongoing recovery efforts.

    Photos courtesy of Senator Rubio’s office.

    Senator Rubio visits the Emergency Operation Center in Sarasota County.

    Senator Rubio talks about recovery efforts with the owners of Sharky’s at the Pier.

    Senator Rubio meets with members of the National Guard.

    Senator Rubio thanks members of the National Guard while visiting the Venice Point of Distribution.

    MIL OSI USA News –

  • MIL-OSI China: Chengdu adjusts home purchase policy

    Source: China State Council Information Office

    This photo shows a light show in Chengdu, capital of southwest China’s Sichuan Province, Oct. 1, 2024. [Photo/Xinhua]

    The metropolis of Chengdu, located in southwest China’s Sichuan Province, on Tuesday granted all home-owners and home buyers in the city eligibility to apply for household registration in that city.

    Individuals who purchase commodity housing which is already delivered or second-hand housing within the administrative area of Chengdu, are eligible to apply for the city’s household registration at the location of the housing, according to new regulations issued by city authorities.

    Residential or household registration, referred to as hukou in Chinese, has always been a key attraction for non-natives in major cities, as it leads to opportunities and benefits upon securing permanent residency in a city.

    Chengdu has a population of more than 21 million people, making it one of the most economically dynamic cities in southwest China. The number of people with household registration status in Chengdu currently totals nearly 16 million, according to the Chengdu Municipal Statistics Bureau.

    The new regulations, valid for three years, grant home-owners and home buyers undifferentiated eligibility to apply for residential status in Chengdu — eliminating hukou qualification restrictions prescribed in previous regulations concerning the size of the purchased housing and the amount of time that has passed since the purchase.

    Recently, major Chinese cities including the Chinese capital of Beijing and the likes of Shanghai, Guangzhou and Shenzhen, have adjusted their real estate policies, with a slew of measures unveiled to boost local property markets.

    Meanwhile, China’s Ministry of Housing and Urban-Rural Development said that it would support municipal governments, especially those in the first-tier cities, to leverage their decision-making powers to regulate the real estate market and adjust policies restricting housing purchases based on local conditions.

    MIL OSI China News –

  • MIL-OSI Australia: Restart a Heart and save a life

    Source: New South Wales Premiere

    Published: 16 October 2024

    Released by: Minister for Health

    Minister for Health Ryan Park is calling on more people to sign up as a NSW Ambulance GoodSAM volunteer this Restart a Heart Day so they can help save a life if someone near them has a cardiac arrest.

    Minister for Health Ryan Park is calling on more people to sign up as a NSW Ambulance GoodSAM volunteer this Restart a Heart Day so they can help save a life if someone near them has a cardiac arrest.

    NSW Ambulance attends to around 9,000 people in NSW who experience an out-of-hospital cardiac arrest each year and statistics show only 12 per cent of people who receive resuscitation survive.

    The GoodSAM app works by alerting registered responders when someone near them goes into cardiac arrest and a Triple Zero (000) call has been received.

    The GoodSAM app has helped directly save 36 lives in NSW since it was launched in 2023.

    Responders can opt whether or not to accept the alert and respond by providing cardiopulmonary resuscitation (CPR), while at the same time, an ambulance is dispatched.

    NSW Ambulance has incorporated the NSW public access defibrillator registry into the GoodSAM app, meaning responders can also see if an automated external defibrillator (AED) is located near a person experiencing cardiac arrest and use it to improve that person’s chance of survival.

    John Cornell is one of the lucky survivors of a cardiac arrest, thanks to his fast-thinking teenage son and bystanders who sprang into action when he collapsed in March, and he is showing his support for Restart a Heart Day by sharing his story.

    John said his cardiac arrest came out of nowhere while he and his son were out for a walk in Lawson, in the NSW Blue Mountains.

    While John’s son Matthew called Triple Zero (000), community members began chest compressions and fetched an AED from a nearby public swimming pool, which they used to restart his heart.

    When they arrived, paramedics took John to the emergency department at Blue Mountains District Anzac Memorial Hospital, before he spent 12 days in the Intensive Care Unit at Nepean Hospital, where he had another heart attack.

    Fortunately, he has since made a full recovery.

    Restart a Heart Day is an international campaign, coordinated in Australia and New Zealand by the Council of Ambulance Authorities, reminding people how to respond if they believe someone has suffered a cardiac arrest:

    1. Call: Triple (000) and ask for Ambulance and follow their instructions
    2. Push: begin chest compressions by linking your hands and pushing hard and fast
    3. Shock: if available, use an AED to shock the person’s heart.

    Members of the community can sign up as a GoodSAM volunteer and learn lifesaving CPR and how to use a defibrillator with NSW Ambulance paramedics, who will be at Parramatta Farmers Market, Centenary Square, Parramatta from 7.30am to 2.00pm today.

    You can register as a GoodSAM responder if you’re 18 years old or over, and able and willing to provide chest compressions, which are easy and safe to do. You don’t need to have formal first aid or CPR training. To register, please visit: ambulance.nsw.gov.au/goodsam

    In 2022, the NSW Government announced a $2.5 million partnership between NSW Ambulance and the GoodSAM responder app.  

    Quotes attributable to Minister for Health, Ryan Park: 

    “The best chance of survival for anyone having an out-of-hospital cardiac arrest is receiving early chest compressions and defibrillation from an automated external defibrillator.

    “The first eight minutes after someone suffers a cardiac arrest is crucial and for every minute a patient is in cardiac arrest and does not receive CPR or a shock from a defibrillator, their chance of survival drops by 7 to 10 per cent.

    “Restart a Heart Day is a great opportunity to ask yourself if you know what to do if someone near you has a cardiac arrest and to familiarise yourself with the life-saving actions of ‘call, push and shock’ and sign up to GoodSAM.”

    Quotes attributable to NSW Ambulance Chief Executive Dr Dominic Morgan: 

    “If you see a community member who has had a cardiac arrest, the best thing you can do is call Triple Zero (000) and start chest compressions. 

    “Over 8,000 community members have already joined our free life-saving GoodSAM program and more volunteers will lead to more lives being saved.

    “GoodSAM volunteers nearby will be notified as an ambulance is being dispatched and our emergency medical call taker will give you clear instructions and stay with you on the phone until paramedics arrive.”

    Quotes attributable to John Cornell:

    “There are so many people that I need to thank, but unfortunately I don’t know who most of them are.

    “They call the blockage that I had in my heart ‘the widow maker’, and my family really took the brunt of the trauma of everything that happened.”

    MIL OSI News –

  • MIL-OSI Asia-Pac: CE’s speech in delivering “The Chief Executive’s 2024 Policy Address” to LegCo (4)

    Source: Hong Kong Government special administrative region

    (C) International Trade Centre58. The global trade landscape is undergoing constant changes, with parts of the supply chains shifting to the Global South and B&R countries, while many Mainland enterprises are also actively establishing their presence abroad.59. Hong Kong topped the global rankings in international trade and business legislation, according to the World Competitiveness Yearbook 2024. We have been the prime destination for Mainland and overseas enterprises setting up international headquarters to manage offshore trading and supply chain businesses.Build a High Value-added Supply Chain Service Centre60. Hong Kong is home to a deep pool of talents and extensive networks in offshore trading and supply chain management, including production chain management, export credit risk management, trade financing, marketing, testing and certification, accounting and other professional services. We will strengthen the provision of high value‑added supply chain services by:(i) establishing a high value‑added supply chain services mechanism – The Invest Hong Kong (InvestHK) and the Hong Kong Trade Development Council (HKTDC) will set up a mechanism and enhance the interface for attracting Mainland enterprises to establish international or regional headquarters in Hong Kong, providing one‑stop, diversified professional advisory services for enterprises in Hong Kong looking to go global;(ii) providing greater export protection for enterprises – The statutory maximum indemnity percentage of the Hong Kong Export Credit Insurance Corporation (ECIC) will be increased from 90% to 95%. The ECIC will also provide more free buyer credit checks with extended geographical coverage, and enhance financing support for e‑commerce businesses;(iii) providing robust export credit services – We will encourage the China Export & Credit Insurance Corporation to explore setting up businesses in Hong Kong, providing export credit insurance services covering overseas investment with prolonged investment period, offering Mainland enterprises in Hong Kong venturing overseas markets and foreign‑funded companies doing businesses in Mainland market with more comprehensive export credit services;(iv) promoting electronic trade financing – The HKMA is experimenting with tokenised electronic bills of lading through its Project Ensemble Sandbox. The goal is to lower fraud risks through the better use of technology and to facilitate the provision of trade financing by financial institutions. The HKMA will work with other jurisdictions on a pilot basis to develop mechanisms for trade information transmission, promoting cross‑boundary data transfers and the digitalisation of international trade. It will also allow potential stablecoin issuers to test blockchain use cases, including solutions for cross‑boundary payments through the stablecoin issuer sandbox; and(v) enhancing financial services with data – The HKMA expects to connect its Commercial Data Interchange (CDI) with the system of the Land Registry next year to facilitate enhancement of banking services through the better use of data.Expand Our Global Economic and Trade Networks61. In addition to developing the European and American markets, we will continue to expand our economic and trade networks, especially with B&R countries. Relevant measures include:(i) further opening up of trade in services with the Mainland – Under the Second Agreement Concerning Amendment to the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) Agreement on Trade in Services (Amendment Agreement II) signed recently, further liberalisation measures have been introduced across several services sectors. These include the construction, testing and certification, financial services, film, and television sectors. In particular, the period requirement of substantive business operations in Hong Kong for three years has been removed in most services sectors. This will attract more Hong Kong start‑ups, overseas enterprises, and talents from around the world to establish their presence in Hong Kong to tap the Mainland market. We will implement the Amendment Agreement II, step up promotion and provide assistance to enterprises as needed;(ii) reinforcing the interface of trade mechanisms – We will continue to seek early accession to the Regional Comprehensive Economic Partnership (RCEP). We are also in investment agreement negotiations with Bangladesh and Saudi Arabia, and plan to begin negotiations with Egypt and Peru. Our free trade agreement (FTA) negotiations with Peru have been concluded and we expect to sign the FTA this year. We will also expand the global network of our Economic and Trade Offices, focusing on establishing economic and trade ties with emerging markets; and(iii) further exploring priority markets – We will continue to pay visits and lead business and professional services delegations to priority markets such as B&R countries. We will also organise the B&R Cross‑professional Forum to promote Hong Kong’s professional services.Promote Development of a Headquarters Economy62. The Government will step up efforts to bring in strategic enterprises from outside the city to set up headquarters or corporate divisions in Hong Kong. The FSTB will submit a bill this year to introduce a company re‑domiciliation mechanism obviating the need for companies intending to re‑domicile in Hong Kong to be wound up in its original domicile overseas and establish a new company in Hong Kong. The companies will be able to preserve their legal identity and business continuity, saving cost as a result of the simplified procedures.63. The validity period of multiple‑entry visas for foreign staff of companies registered in Hong Kong, including non‑permanent residents, will be extended to a maximum of five years to facilitate their visit to the Mainland, and their applications will enjoy priority processing.64. We will strengthen the range of financial services available for Mainland enterprises in Hong Kong wishing to expand overseas, encouraging Mainland financial enterprises to co‑ordinate and manage their overseas business in Hong Kong and facilitating their internationalisation. The HKMA is exploring ways to enable Mainland enterprises looking to go global to enjoy facilitation of cross‑boundary RMB settlement and financing through enhanced offshore RMB liquidity, utilising technology and promoting international collaboration.Foster Trading of Liquor65. At present, Hong Kong imposes a duty of 100% on the import price of liquor (with alcoholic strength of more than 30%). To promote liquor trade and boost the development of high value‑added industries including logistics and storage, tourism as well as high‑end food and beverage consumption, the Government has made reference to the successful experience of driving the wine trade through exemption of wine duty, and will, starting today, reduce the duty rate for liquor with an import price of over $200 from 100% to 10% for the portion above $200, while the duty rate for the portion of $200 and below, as well as liquor with an import price of $200 or below will remain unchanged.(D) International Aviation Hub66. As an international aviation hub, Hong Kong is connected to nearly 200 destinations worldwide. Our city has topped the global ranking for air cargo throughput for more than a decade.67. The Airport Authority Hong Kong (AAHK) will complete the Three‑Runway System by the end of this year. From 2035, the Hong Kong International Airport (HKIA)’s capacity will increase by 50%.Enhance Aviation Development Strategies68. The Government will step up efforts in expanding our aviation network by supporting the HKIA to explore new destinations and flights, particularly enhancing co‑operation with civil aviation counterparts from B&R countries. In parallel, we will combine the strengths of our airport and Zhuhai Airport to improve the Fly‑Via‑Zhuhai‑Hong Kong direct passenger service and jointly develop international air cargo business for greater synergy.Develop a World-leading Airport City69. The Government will plan with the AAHK for expanding the scale of the Airport City by more than double, building a new, world‑leading landmark in the bay area among the Airport Island, the Hong Kong Port Island of the HZMB and Tung Chung East New Town. New projects will be developed to promote high‑end commercial, tourist and leisure activities. These include creating an ecosystem for the arts industry, building the AsiaWorld‑Expo Phase 2, developing a yacht bay with ancillary facilities, opening a food market for imported fresh food and providing more public spaces.Expand Cargo Capacity through the GBA and Enhance Advantages of the Air Cargo Industry70. The AAHK is pressing ahead in full steam with the innovative development of a sea‑air intermodal cargo‑transhipment mode in collaboration with Dongguan. The initial stage of first‑phase construction for the permanent logistics park in Dongguan, the HKIA Dongguan Logistics Park, will be completed by the end of next year, and the cargo‑handling capacity will progressively reach one million tonnes per annum. Advance planning will be made to commence the second‑phase development, introducing more high value‑added logistics, cross‑boundary e‑commerce and courier service facilities.71. The Government will extend arrangements under the Air Transhipment Cargo Exemption Scheme to other intermodal cargo‑transhipment modes to boost competitiveness.(E) Regional Centre for International Legal and Dispute Resolution ServicesCommence Training for International Legal Talents72. The Hong Kong International Legal Talents Training Academy will be officially launched this year, cultivating legal talents to be familiar with international law, common law, civil law, national legal systems and other legal aspects. The dedicated office and expert committee under the Department of Justice (DoJ) are pressing ahead with the related work.Step up Promotion of Mediation Services73. The International Organization for Mediation will have its headquarters set up in Hong Kong upon adoption and entry into force of the relevant international convention. The Government will enhance the system on local accreditation and disciplinary matters of the mediation profession to further strengthen our role as an international mediation centre. We will incorporate mediation clauses in government contracts and encourage private organisations to make reference to and adopt such clauses. We will also launch the Pilot Scheme on Community Mediation to offer more training opportunities for promoting mediation culture.Develop a Sports Dispute Resolution System74. With the development of sports activities and industry, sports disputes have become increasingly complicated. We will explore establishing a sports dispute resolution system and promote sports arbitration, leveraging the institutional advantages of Hong Kong in dispute resolution.(To be continued.)

    MIL OSI Asia Pacific News –

  • MIL-OSI New Zealand: Te Ara o Te Ata – Mt Messenger Bypass and Rotokare Scenic Reserve welcome striped skinks to Taranaki

    Source: New Zealand Transport Agency

    Rotokare Scenic Reserve, in South Taranaki, has today welcomed a new resident: the elusive striped skink – with the support of NZ Transport Agency Waka Kotahi (NZTA), Te Ara o Te Ata – Mt Messenger project partner Ngāti Tama and local mana whenua Ngāti Tupaia.

    This vulnerable taonga species now has a new home, thanks to a partnership between the Rotokare Scenic Reserve Trust and Te Ara o Te Ata – Mt Messenger Bypass project.

    The striped skink (Oligosoma striatum), known for its lightning-quick movements and distinctive pale stripes, is one of the country’s most cryptic and scarcely sighted lizards.

    The team from the Mt Messenger Bypass project has constructed a temporary holding area at Rotokare Scenic Reserve for any striped skinks discovered during the project’s construction.

    The area will provide a safe environment where the skinks can acclimatise to their new surroundings before exploring the broader reserve through the treetops.

    Rotokare Scenic Reserve Trust Conservation Manager Fiona Gordon says striped skinks haven’t been found during formal lizard surveys at Rotokare, but it’s believed they were once present as they’ve been located in pockets around South Taranaki.

    “We are excited to offer a safe home for this at-risk skink species in a space completely free of rodents, one of their main predators,” she says.

    So far three striped skinks have been encountered during Te Ara o Te Ata’s work in Parininihi. Specialist ecologists relocated them to Auckland Zoo temporarily, ahead of rehoming at Rotokare. Any further striped skinks found by the project will be transferred directly to Rotokare.

    The Trust is also working with the Department of Conservation to secure a permit to transfer further striped skinks from other locations across Taranaki if needed. It is hoped that skinks will flourish in their new home, creating a secure population in South Taranaki.

    About the striped skink

    Native to New Zealand, these reptiles are usually found in lowland forests, farmland, and swamps, where they live everywhere from the forest canopy to leaf litter on the forest floor. They are currently listed on the Department of Conservation’s Threat Classification System as ‘At Risk – Declining,’ However, accurate population monitoring remains a challenge due to their secretive habits.

    About Rotokare Scenic Reserve Trust

    The 230-hectare Rotokare Scenic Reserve Trust is a community-led conservation organisation dedicated to the preservation and restoration of native biodiversity within the predator-free Rotokare Scenic Reserve, located in South Taranaki.

    About Te Ara o Te Ata – Mt Messenger Bypass

    Te Ara o Te Ata – Mt Messenger Bypass is a major roading project designed to improve safety and efficiency on State Highway 3 in northern Taranaki. Alongside its construction objectives, the project includes comprehensive environmental initiatives aimed at protecting local ecosystems.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Smoother travels coming on State Highway 6 Kohatu-Kawatiri Highway in Tasman

    Source: New Zealand Transport Agency

    Drivers can expect smoother journeys on State Highway 6 – Kohatu-Kawatiri, with the road to undergo reconstruction next month.

    The work is part of the $147 million 2024/27 National Land Transport Programme investment in state highways across the top of the South Island.

    Contractors will be on the job near Tunnicliff Bridge, between Motupiko and Korere, for six weeks beginning Monday 29 October. The work will continue through to Friday 6 December. 

    Rob Service, System Manager Top of the South, says many residents and drivers are looking forward to seeing this part of State Highway 6 fixed.  

    “We’ve previously carried out a number of temporary patches on this section of road, but the pavement has reached the end of its life. We’re getting in now to do long-term repairs, making the highway safer and travel easier.” 

    For the first three weeks (29 October to 15 November) the work will be carried out during the day from Monday to Friday under stop/go traffic controls. Drivers will need to factor in around 15-minute delays through the area.

    Between 18 and 29 November, the highway will be closed during the day between Motupiko and Korere due to the narrowness of the Tunnicliffe Bridge section of the road. A local road detour will be available during this time, but drivers must allow an extra 20 minutes of travel time.

    From 2 to 6 December, the site will return to daytime stop/go as road crews tidy up and disestablish the site.

    Rob Service says temporary speed limits will be in place to keep road crews and drivers safe while the repairs are underway.

    “We understand it will be a significant disruption this for many people who live on and drive on this road, including people travelling between the West Coast, Tasman and Nelson.”

    “However, it’s a case of short-term pain for long-term gain. Investing in road reconstruction like this significantly reduces the roadworks the highway will need in the future. Yes, there will be delays now – but looking ahead, drivers can expect a much easier drive,” Mr Service says.

    He acknowledges that roadworks occur more frequently during spring, summer, and early autumn and affect people’s travel – but that is the best time to do major roadworks.

    “Road reconstruction and re-sealing must be done during the warmer, drier months. It can’t be done during winter when the weather is wet and cold. Not if you want the work to be durable and effective.”

    “And Mr Service says every effort is being made to minimise disruption for the public

    We’ve timed the work to begin after Labour Weekend and have it completed before the busy Christmas holiday season. That means the road will be clear when traffic is at its busiest.”

    Works schedule

    • Work is from Tuesday, 29 October, to Friday, 6 December 2024.
    • Working hours: 7:00 am to 5.30 pm, Monday to Friday (no night-time or weekend work).
    • Stop/go controls and a reduced temporary speed limit in place from Tuesday, 29 October, to Friday 15 November. Expect delays of up to 15 minutes.
    • Full road closure in place from Monday, 18 November, to Friday, 29 November between Motupiko and Korere.
    • Detour via Korere-Tophouse Rd, Kerr Hill Rd, Stock Rd, and Wai-iti Valley Rd. Traffic lights and 30km/hr speed restrictions will be in place at Jansens Bridge on Kerr Hill Rd. The detour is suitable for all vehicles but approval for permitted vehicles (e.g. O/W or HPMV) will be required from Tasman District Council.
    • Allow an extra 20-minutes travel time for your journey.
    • The site will reopen outside work hours under a reduced temporary speed limit.
    • Traffic management will remain in place during weekends and nights (between 5.30 PM and 7:00 AM Monday to Friday).
    • Access through the works zone will be available for residents, businesses, and emergency services.
    • From Monday, 2 December to Friday, 6 December the site will return to stop/go and a reduced temporary speed limit between 7.00 am and 5.30 pm to allow crews to tidy up and disestablish the site.

    Download PDF containing both maps above [PDF, 2.2 MB]

    Summer maintenance season – tips and advice

    • Drivers need to be aware other summer maintenance and resilience works are happening around the region including on State Highway 6 between Nelson and West Coast. Drivers should check road conditions before they travel as knowing when and where roadworks are happening means you can time your travel to avoid them or allow extra time for your trip.”
    • Whenever you come to a worksite, remember that our road workers are doing their best to complete their work and keep you moving. Please be respectful and follow their advice and instructions.

    More Information

    MIL OSI New Zealand News –

  • MIL-OSI Africa: Secretary-General’s message on World Food Day [scroll down for French version]

    Source: United Nations – English

    strong>Download the video: https://s3.amazonaws.com/downloads2.unmultimedia.org/public/video/evergreen/MSG+SG+/SG+World+Food+Day+16+Oct+24/MSG+SG+World+Food+Day+16+Oct+24.mp4

    Something is very wrong with a world in which hunger and malnutrition are a fact of life for billions of children, women and men.

    On World Food Day, we remind ourselves of the 733 million people who are short of food because of conflict, marginalization, climate change, poverty and economic downturns — including those who face the threat of manmade famine in Gaza and Sudan…

    Or the 2.8 billion people who cannot afford a healthy diet — including those who are overweight as global obesity rates soar.

    The good news is that a zero-hunger world is possible.

    The 2021 Food Systems Summit set us on a course to tackle the inefficiencies and inequities built into our food systems.

    Food systems need a massive transformation, with the contributions of businesses, academics, research institutions and civil society, to become more efficient, inclusive, resilient and sustainable.

    Governments must work with all partners to incentivize the production and sale of healthy, nutritious food at affordable prices.  

    On World Food Day, let’s step up the fight against hunger and malnutrition.

    Let’s take action to uphold the right to food for a better life and a better future.
    *****
    Un monde dans lequel des milliards d’enfants, de femmes et d’hommes souffrent de la faim et de malnutrition, c’est un monde qui va très mal.

    En cette journée mondiale de l’alimentation, nous nous tournons vers les 733 millions de personnes qui, victimes de conflits, de la marginalisation, des changements climatiques, de la pauvreté ou de la récession économique, ne mangent pas à leur faim, notamment vers celles qui font face à la menace d’une famine causée par l’humain à Gaza et au Soudan…

    Nous pensons également aux 2,8 milliards de personnes qui n’ont pas les moyens d’accéder à une alimentation saine, y compris celles qui sont en surpoids, l’obésité dans le monde montant en flèche.

    La bonne nouvelle, c’est qu’un monde sans faim est possible.

    Le Sommet des Nations Unies sur les systèmes alimentaires, qui s’est tenu en 2021, nous a mis sur la voie de la lutte contre l’inefficacité et l’injustice de nos systèmes alimentaires.

    Les systèmes alimentaires doivent faire l’objet d’une transformation massive, avec la contribution des entreprises, des établissements universitaires, des instituts de recherche et de la société civile, pour devenir plus efficaces, plus inclusifs, plus résilients et plus durables.

    Les pouvoirs publics doivent collaborer avec tous les partenaires pour encourager la production et la vente d’aliments sains et nutritifs à des prix abordables.

    À l’occasion de la Journée mondiale de l’alimentation, redoublons d’efforts pour lutter contre la faim et la malnutrition.

    Agissons pour défendre le droit à l’alimentation et promouvoir une vie et un avenir meilleurs.
     

    MIL OSI Africa –

  • MIL-OSI Asia-Pac: Subsidiary legislation related to updating of technical details of dangerous goods to be gazetted on Friday

    Source: Hong Kong Government special administrative region

          The Government will publish the Dangerous Goods (Application and Exemption) Regulation 2012 (Amendment of Schedules 1 and 2) Notice 2024 (the Notice) in the Gazette this Friday (October 18).
     
          A spokesperson for the Security Bureau said today (October 16), “The local dangerous goods (DG) regulatory regime was harmonised with international standards after the amended Dangerous Goods Ordinance and its subsidiary legislation took effect from March 31, 2022. Considering that the international standards for the classification and transportation of DG under the International Maritime Dangerous Goods Code (IMDG Code) are regularly updated, we will update the technical details of the relevant piece of subsidiary legislation accordingly.” The Secretary for Security has made the Notice to update the lists of DG and relevant technical details in Schedules 1 and 2 to the Dangerous Goods (Application and Exemption) Regulation 2012 in accordance with the latest edition of the IMDG Code, so as to align with the international standards and facilitate the operations of the trades in Hong Kong.
     
          The Notice will be tabled at the Legislative Council for negative vetting on October 23. Subject to the completion of the legislative procedures, the Notice will come into operation on January 1, 2025.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CE’s speech in delivering “The Chief Executive’s 2024 Policy Address” to LegCo (7)

    Source: Hong Kong Government special administrative region

    VI. Promote Integrated Development of Culture, Sports and Tourism and Foster Economic Diversification

    (A) East‑meets‑West Centre for International Cultural Exchange and Integrated Development of Culture, Sports and Tourism

    121. The current‑term Government set up the Culture, Sports and Tourism Bureau (CSTB) to consolidate the integrated development of culture, the creative industry, sports and tourism. To enhance Hong Kong’s role as the East‑meets‑West centre for international cultural exchange, the Government strives to deepen the institutional reform of our cultural system, improve the cultural and economic policies, and further enhance our cultural confidence.

    Enhance Cultural Soft Power and Promote Development of Cultural and Creative Industries

    122. The CSTB consulted the arts and cultural community last year on the formulation of the Blueprint for Arts and Culture and Creative Industries Development. The blueprint will cover four major development directions: promoting the development of diverse arts and culture with an international perspective, promoting Chinese culture, fostering arts and cultural exchange between China and the rest of the world, and driving industry development. The CSTB will consult the Culture Commission shortly and promulgate the blueprint later this year.

    123. Established in June, the Cultural and Creative Industries Development Agency adopts an industry‑oriented approach to promote the development of the cultural and creative industries. Relevant measures include:

    (i) incubating more cultural and creative projects with potential for industrialisation through the CreateSmart Initiative and strengthening cross‑sectoral collaboration and leveraging market resources, facilitating the industries to explore business opportunities;

    (ii) facilitating more registration of local and non‑local cultural and creative products on the Asia IP Exchange Portal to foster cross‑sectoral exchange, collaboration and business matching, and promoting transactions and transformation of cultural IP; and

    (iii) making the new flagship Hong Kong Fashion Design Week an annual signature event to develop Hong Kong into a fashion design hub in Asia.

    Strengthen Long-term Industry Development in the West Kowloon Cultural District

    124. The West Kowloon Cultural District (WKCD) is one of the largest arts and cultural projects in the world. The WKCD Authority will take a leading role in establishing an industry chain for the arts and culture and creative industries of Hong Kong, driving cultural and creative tourism, and enhancing its financial sustainability through diverse and innovative industrialisation measures, including:

    (i) further building Hong Kong’s strengths in arts trading – Promote the creation of a comprehensive arts trading ecosystem, and build storage, restoration and exhibition facilities for high‑end private art collections;

    (ii) promoting the WKCD as a prime destination for major international cultural, creative and commercial events – With more than 20 venues for different kinds of mega events, the WKCD Authority will step up efforts to host more major international cultural, creative and commercial events, attracting more inbound visitors and stimulating local spending;

    (iii) exporting more arts, cultural and creative projects – Organise and curate performing arts programmes and exhibitions to be staged as long‑run events locally, in the Mainland and overseas on a commercial basis, and expand the sales channels for cultural and creative merchandise; and

    (iv) branding the WKCD as a must‑visit landmark for cultural and creative tourism – Roll out more special experience activities, and step up worldwide promotion in collaboration with the Hong Kong Tourism Board (HKTB) to bring in more tourists.

    Promote Sports Development and Build Hong Kong into a Centre for Mega International Sports Events

    125. In recent years, Hong Kong athletes have achieved outstanding results in international competitions. Hong Kong has abundant resources and support. With our soon‑to‑complete new landmark Kai Tak Sports Park (KTSP), and our co‑hosting of the 15th National Games with Guangdong and Macao late next year, our city has unrivaled advantages for developing itself into a platform for international sports activities. The Government will continue to foster sports development by promoting sports in the community, supporting elite sports, maintaining Hong Kong as a centre for major international sports events, enhancing professionalism, and developing sports as an industry. Relevant measures include:

    (i) enhancing the development of elite athletes and coaches – The Government has invited the Hong Kong Sports Institute to review the mechanism of direct financial support for athletes (including athletes with disabilities) to enhance the training system, and has set up a committee to oversee the development of sports medicine and sports science. The Government will also strengthen training for coaches, and explore the feasibility of establishing a standardised accreditation system for coaches;

    (ii) boosting sports promotion in the community – Provide more sports and recreational facilities, including building a swimming complex suitable for hosting international competitions and a sports arena with fencing training and competition facilities. We will also regularise the Pilot Scheme on Subvention for New Sports;

    (iii) reforming the governance of national sports associations (NSAs) – The Sports Federation and Olympic Committee of Hong Kong, China will conclude its review on the governance and operation of NSAs, and make recommendations, ensuring the NSAs are operating effectively so that athletes (including athletes with disabilities) can realise their potential in a fair and professional environment; and

    (iv) developing a host city economy in the sports industry – The Government will continue to support athletes to participate in different large‑scale international competitions. We will make full use of the KTSP and other existing venues to host large‑scale international competitions so that Hong Kong teams can compete on home soil, building their own audience. These will be conducive to the long‑term development of the sports industry.

    126. The Government will review the redevelopment plan for the Hong Kong Stadium to ensure its synergy with the KTSP.

    Develop Kai Tak Sports Park into a Sports and Mega Event Landmark

    127. Opening in the first quarter of 2025, the KTSP is the largest sports infrastructure project ever commissioned in Hong Kong. It will boost sports development and inject impetus into related industries such as recreation, entertainment and tourism, and also mega‑event economy.

    128. The inter‑departmental Task Force on KTSP, led by the Chief Secretary for Administration, will ramp up efforts in overseeing the smooth completion and commissioning of the KTSP and its publicity work, fostering the synergistic development of major sports events, innovative entertainment, dining, conventions and exhibitions, as well as tourism activities. The task force will also formulate thorough plans and conduct comprehensive drills on security deployment, crowd management, emergency response, and other areas.

    Enhance Cultural Confidence and Revitalise Hong Kong’s Tourism Industry

    129. We will develop Hong Kong into a premier tourism destination through innovative thinking and making better use of our rich and unique resources such as the Victoria Harbour, outlying islands, rural areas, cultures, cuisines, lifestyles and historic buildings. These elements, combined with our edges in technology, animation and comics, the performing arts, film and television culture, and more, will help to instill the concept of “tourism is everywhere in Hong Kong”.

    130. The CSTB will publish the Development Blueprint for Hong Kong’s Tourism Industry 2.0 (Blueprint 2.0) later this year, with the focus on promoting culture, sports, ecology and mega events, covering such areas as:

    (i) developing eco‑tourism – We will explore more itineraries with characteristics related to the countryside and coastal routes, such as island‑hopping tours in Yan Chau Tong, and enhance related amenities; expedite the development of the South Lantau Eco‑recreation Corridor; develop the ex‑Lamma Quarry site into an area for resort and outdoor recreational uses; and develop Tsim Bei Tsui and Pak Nai into eco‑tourism nodes;

    (ii) developing visitor sources from the Middle East and ASEAN – We will actively encourage various sectors of the community to enhance tourism‑support measures for creating a friendly environment for visitors. They include providing information at the airport in Arabic and encouraging taxi fleets to provide fleet service information in Arabic; compiling a list of restaurants offering halal food; encouraging more commercial establishments to provide appropriate facilities, such as worship facilities in hotels; and stepping up staff training to strengthen their knowledge on receiving visitors from different cultural backgrounds;

    (iii) developing tourism products with characteristics – We will promote yacht tourism in the expansion area of Aberdeen Typhoon Shelter, the ex‑Lamma Quarry area and the development of the waterfront site in the vicinity of the Hung Hom Station. We will also promote panda tourism, horse racing tourism, and the like. The CSTB will promote cultural and eco‑tourism itineraries and products at Sha Tau Kok. The Security Bureau (SB) will increase the daily visitor quota under the Sha Tau Kok opening‑up plan to 3 000 by the end of this year. Facial recognition technology will be adopted to enable people living or working at Chung Ying Street to enter and leave the street unimpededly via a “contactless” mode on a pilot basis. The SB will explore the application of relevant technology to complement the future opening up of Chung Ying Street for tourism;

    (iv) developing mega‑event tourism economy – The Mega Events Coordination Group, led by the Deputy Financial Secretary, will continue to take a proactive role in attracting different mega events to Hong Kong with emphasis on quality and quantity, boosting the retail and hotel industries. We will drive the development of the site above the Exhibition Station in Wan Chai North, as well as the waterfront and pier sites in the vicinity of the Hung Hom Station, into new landmarks providing additional event venues;

    (v) strengthening the appeal of traditional tourism – The HKTB will draw up a gourmet guide covering the 18 districts, organise gastronomic events, and promote gourmet food in different districts. The CSTB will publish the action plan on the development of cruise tourism, alongside the Blueprint 2.0, to enhance the Kai Tak Cruise Terminal’s role as a homeport and a venue for conventions, exhibitions and other events; and

    (vi) promoting smart tourism and enhancing service quality of the tourism industry – The HKTB will strengthen its efforts in developing and promoting tourism products with Hong Kong characteristics to both locals and visitors, making use of technologies such as AI to provide one‑stop assistance and attraction recommendations. We will also launch a new outstanding services award scheme to consolidate our hospitable culture.

    Develop New Tourist Hotspots

    131. The Government will set up a Working Group on Developing Tourist Hotspots. Led by the Deputy Chief Secretary for Administration, it will strengthen cross departmental co‑ordination and leverage community efforts, identifying and developing tourist hotspots of high popularity and with strong appeal in various districts.

    Increase Tourist Arrivals

    132. The HKSAR Government has proposed to the Central Government further enhancements on Mainland residents’ tourism visit endorsements to Hong Kong, including resuming the “multiple‑entry” Individual Visit Endorsements for Shenzhen residents and expanding the coverage of pilot cities for implementing policies on the “one trip per week” Individual Visit Endorsements. The Central Government has advised that relevant departments are studying the expedited implementation of the proposal proactively.

    133. To foster closer people ties with ASEAN countries, starting today, the Government will relax the criteria for nationals of Cambodia, Laos and Myanmar applying for multiple‑entry visas for travel and business, and extend the validity period of multiple‑entry visas for these countries from two years to three years. The arrangement also applies to Vietnamese, who have benefitted from the relaxation of the visa policy since last year. Under a fast‑track arrangement, we will expedite the processing of visa applications from group visitors of ASEAN countries submitted via local travel agents. In addition, we will provide self‑service immigration clearance for invited persons participating in business, development and related activities from the 10 ASEAN countries, and provide one‑stop handling of their applications for self‑service immigration clearance and visa through a dedicated desk. Various bureaux will provide assistance in drawing up the list. Effective today, the requirement for visitors to furnish an arrival or departure card is cancelled, facilitating a faster and more convenient immigration clearance.

    (B) Foster Economic Diversification

    Support Small and Medium Enterprises

    134. To address the challenges commonly encountered by small and medium enterprises (SMEs) during economic restructuring, the Government will introduce the following support measures:

    (i) re‑launching the principal moratorium – Borrowing enterprises under the SME Financing Guarantee Scheme (including the existing loans already granted under the 80%, 90% and special 100% guarantee products as well as new loans under the 80% and 90% guarantee products) will be allowed to apply for principal moratorium for up to 12 months. The maximum loan guarantee periods of the 80% and 90% guarantee products will be extended to ten years and eight years respectively, while the partial principal repayment options will be offered to new loans under the two guarantee products. The HKMA is also actively considering to provide flexibility in banks’ capital requirement to facilitate their lending to SMEs;

    (ii) injecting $1 billion into the BUD Fund – Support will be provided for SMEs to upgrade their business operations and develop new markets through the Dedicated Fund on Branding, Upgrading and Domestic Sales (the BUD Fund), including expanding the geographical coverage of E‑commerce Easy to the 10 ASEAN countries, and providing targeted funding support for enterprises to implement green transformation projects;

    (iii) supporting digital transformation of SMEs and capitalising on e‑commerce opportunities – The scope of Cyberport’s Digital Transformation Support Pilot Programme will be expanded to cover the retail and food and beverage sectors, as well as industries such as tourism and personal services, subsidising SMEs for digital transformation on a one‑to‑one matching basis. The Hong Kong Shopping Festival is to be relaunched in the next two years to help SMEs tap into the Mainland e‑commerce sales market, and will be held in the ASEAN market in due course;

    (iv) strengthening brand development of SMEs – The HKTDC will formulate plans for setting up more Hong Kong Pavilions in Mainland and overseas exhibitions to further promote Hong Kong brands. The Trade and Industry Department and the HKTDC will also enhance support for SMEs in developing brands and expanding the sales network of e‑commerce;

    (v) enhancing the services of the Hong Kong Design Centre – The organisation and functions of the Hong Kong Design Centre will be re‑structured, so as to assist SMEs in the design industry to enhance their services in product and brand design, and strengthen collaboration and interface with start‑ups and Mainland enterprises operating in Hong Kong;

    (vi) enhancing incentives for recurrent exhibitions – An additional provision of $500 million will be allocated for launching the Incentive Scheme for Recurrent Exhibitions 2.0, targeting new and international exhibitions of large scale, in order to further promote mega‑event economy and the development of the convention and exhibition industry;

    (vii) supporting participation in government procurement – The HKHA will refine the application procedures for admission to the list of maintenance works contractors, providing more tendering opportunities for contractors; and

    (viii) enhancing security of payment in the construction industry – The Government has introduced the Construction Industry Security of Payment Bill, which prohibits the use of unfair payment terms such as “conditional payment” in contracts and introduces an adjudication mechanism to resolve payment disputes.

    Develop Silver Economy

    135. Given the rapid expansion of the silver market, there is growing demand for products and services catering to the elderly.  Developing new products and services to meet the needs of the elderly will help enhance their quality of life, and also generate business opportunities.

    136. The Government will set up a Working Group on Promoting Silver Economy, led by the Deputy Chief Secretary for Administration. The working group will implement measures in five areas:

    (i) boosting “silver consumption” – We will work with all sectors to foster elderly‑friendly consumption, and encourage incorporation of silver economy elements into their business, for example, by offering discounts to the elderly. Efforts will also be made to safeguard the rights and interests of elderly consumers;

    (ii) developing the “silver industry” – We will promote marketisation and industrialisation of products catering to the elderly by consolidating funding resources to support product provision and market expansion by the business sector;

    (iii) promoting “quality assurance of silver products” – We will promote the certification of products catering to the elderly to enhance their recognition and appeal. Standards adopted will be aligned with those of the Mainland and overseas to facilitate sales network expansion;

    (iv) enhancing “silver financial and security arrangements” – We will assist the elderly in making proper financial arrangements and strengthening their financial security. Relevant measures include promoting retirement financial planning products offered by the Hong Kong Mortgage Corporation Limited, and providing investor education for the elderly; and

    (v) unleashing “silver productivity” – We will help unleash the productivity of the elderly through retraining, re‑employment and other measures.

    Promote Sustainable Development of the Agriculture and Fisheries Industries

    137. The Government will continue to take forward the Blueprint for the Sustainable Development of Agriculture and Fisheries. Relevant work includes developing deep sea mariculture at Wong Chuk Kok Hoi and Mirs Bay new fish culture zones, conducting preparatory work for the Agricultural Park Phase 2 development, implementing urban farming strategy in NDAs, facilitating the livestock sector to construct modernised and environmental‑friendly multi‑storey livestock farms and promoting leisure farming and fisheries.

    (To be continued.)

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CE lays out agenda for development

    Source: Hong Kong Information Services

    This is my third Policy Address.

    The Third Plenary Session of the 20th Central Committee of the Communist Party of China (CPC Central Committee) adopted the Resolution of the CPC Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization. The resolution calls on Hong Kong to fully harness the institutional strengths of “one country, two systems” while consolidating and enhancing its status as an international financial, shipping and trade centre. It also supports Hong Kong’s position to become an international hub for high-calibre talents, to exert a greater role in our country’s opening up to the world, and to deepen collaboration within the Guangdong Hong Kong Macao Greater Bay Area (GBA) through better harmonisation of rules and mechanisms.

    In running for office, more than two years ago, I stated that “we must embrace a reform mindset” and we “need further revamping”. I proposed to build a “result-oriented” government, setting key performance indicators (KPIs) to create a new government culture. I put forward a series of reform measures, including the establishment of Care Teams to enhance district services, introduction of the Advance Allocation Scheme to shorten the waiting time for public housing, and assistance to junior secondary students living in subdivided units (SDUs) for tackling intergenerational poverty. I believe that we must maintain our development momentum and self-renewal, and that we must embrace changes while staying principled, innovative and flexible in meeting challenges and opportunities.

    Regarding system reforms, I work on the principle that anything essential but lacking in the system must be established; any serious shortcomings must be rectified; any bottlenecks, weaknesses or hurdles must be overcome; and any areas in need of consolidation must be reinforced and improved. In the reform process, we have to decide what should be built from scratch, what should be overhauled to set things right, and what should be consolidated and bolstered. In taking forward reforms, we must have a systemic mindset and manage the relationships between overall and local interests, between the present and the future, between macro and micro concerns. While we may make reference to the successful experiences of other places, we cannot adopt them directly given the differences in the basis and structure of our systems. Our reform proposals must take heed of the prevailing circumstances and be tailored to local conditions.

    Since becoming Chief Executive, I have carried out reforms along the above principle.

    On implementation of “one country, two systems”, we fulfilled the constitutional responsibility to enact local legislation for Article 23 of the Basic Law; we reformed the institutional set-up of the District Councils by implementing the principle of “patriots administering Hong Kong”; we enacted new legislation to enable an essentially automatic extension of land leases in an orderly manner for a term of 50 years to beyond 2047, manifesting the long term adherence to “one country, two systems”.

    On governance, we reformed the government structure and reshuffled the duties among policy bureaus, increasing their number from 13 to 15. We created three new Deputy Secretaries of Department to strengthen co-ordination of work across bureaus, setting up task forces led by the Deputy Secretaries to enhance implementation. We cultivated a government culture focusing on results. We also introduced a mechanism mobilising the Government at all levels to respond to major incidents.

    In economic development, we established the Hong Kong Investment Corporation Limited (HKIC) to optimise the use of government funds for the development of industries and our economy. We pressed ahead with the development of the “eight centres” and the Northern Metropolis, taking an industry oriented approach. We set up the Hong Kong Talent Engage (HKTE) and the Office for Attracting Strategic Enterprises (OASES) to strengthen our efforts in trawling for talents and enterprises. We also established Hong Kong as a regional hub for higher education.

    As for people’s livelihoods, we implemented healthcare reform and took steps to build our primary review mechanism for drugs and medical devices. We set up a system for bringing in healthcare professionals to alleviate manpower shortage in the public healthcare system. We also launched Light Public Housing (LPH) to fill short-term gaps in the supply of public housing, and established the Task Force on Tackling the Issue of Subdivided Units. We pooled resources for targeted poverty alleviation. We established an annual review mechanism for minimum wage protection. We also rationalised traffic flow among the three road harbour crossings.

    Reform is a continuous process. Over the past two years, my team and I have focused on economic growth and on improving people’s livelihoods through development, with the well-being of the people of Hong Kong close to our hearts. This Policy Address will deepen our reforms and explore new growth areas. Measures include building an international gold trading market, promoting high value added maritime services, and building a commodity trading ecosystem and internationally accredited metal warehouses. We will promulgate the Development Outline for the Hong Kong Shenzhen Innovation & Technology Park in the Loop, building a testing ground for policy and institutional innovation. We will also set up a working group on developing the low altitude economy.

    In this Policy Address, I will continue to follow through the “four proposals” put forward by President Xi Jinping in his important speech delivered on 1 July 2022. I will also outline our vision and objectives for reforms and changes, as well as the related key measures and KPIs. A Supplement offering more details on the policy measures and related matters has also been compiled.

    This is the English translation of the opening remarks in Chief Executive John Lee’s 2024 Policy Address, delivered on October 16.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Governance systems to be boosted

    Source: Hong Kong Information Services

    Chief Executive John Lee highlighted that key goals in his 2024 Policy Address include working hard to fully and faithfully implement the principle of “one country, two systems” and strengthening governance.

    While pointing out that the institutional advantages of “one country, two systems” are numerous, he made it clear that Hong Kong will fully, faithfully and resolutely implement the principles of “one country, two systems”, “Hong Kong people administering Hong Kong” and a high degree of autonomy.

    “We will continue to fully leverage the institutional strengths of “one country, two systems” for sustaining the prosperity and stability of Hong Kong, contributing to China’s building into a great country and realising the great rejuvenation of the Chinese nation.”

    When it comes to safeguarding national security, Mr Lee noted that security and development work together like the two wings of a bird, stating that development requires a safe social environment. 

    “It is of utmost importance that our people safeguard national security of their own accord. Since opening in August, the National Security Exhibition Gallery has been well‑received by the public. 

    “We will train up tutors at district level for promotion of national security education in the community. Thematic exhibitions will be rolled out by the gallery to dovetail with the 10th National Security Education Day next year. The Education Bureau (EDB) will also update the Curriculum Framework of National Security Education.”

    As for fostering patriotic education, Mr Lee said that the Working Group on Patriotic Education has formulated promotion strategies and measures for supporting the organisation of more activities such that the spirit of patriotism can take root in society.   

    He shared that as part of the Government’s plans to mark the 80th anniversary of victory in the War of Resistance, it will host commemorative activities to strengthen the sense of patriotism. 

    “The EDB will organise a range of joint school and cross‑sectoral activities under the ‘Love Our Home, Treasure Our Country 3.0’ series, continue to enhance Chinese history and national geography education in primary and secondary schools, and enrich patriotism and history elements in Mainland exchange programmes.”

    Since taking office, Mr Lee said that the current‑term Government has taken forward various reforms on cross‑disciplinary co‑ordination and governance culture so as to strengthen governance systems.

    The Government will enhance the leadership and cross‑bureau co‑ordination mechanisms, and fully leverage the leading and co‑ordinating functions of the secretaries and deputy secretaries leading such departments.

    Consequently, the Government will establish the Committee on Education, Technology & Talents, the Working Group on Developing Low-altitude Economy, the Working Group on Developing Tourist Hotspots and the Working Group on Promoting Silver Economy. The first two bodies are led by the Chief Secretary and the Deputy Financial Secretary respectively while the latter two are led by the Deputy Chief Secretary.

    Concerning its objective to strengthen governance capabilities of the civil service, Mr Lee stated that the Government will review regulations on civil service management and discipline, launch the Governance Talents Development Programme and collaborate with Mainland cities to launch mutual civil service exchange.

    While outlining another policy initiative, he specified that his administration will actively promote the application of artificial intelligence in the Government and the public sector to speed up the digital transformation of public services.

    “The Digital Policy Office (DPO) will endeavour to fortify information systems of the Government and public organisations. The DPO will also spearhead the pilot use of a locally developed generative artificial intelligence (AI) document processing copilot application in government departments. 

    “About 20 digital government and smart city initiatives will also be launched this year, including using blockchain technology for issuing electronic certificates for designated civil service examinations and electronic licensing by the Fire Services Department, as well as the use of AI for handling public enquiries.”

    On top of that, the Chief Executive described plans to bolster security of computer systems of critical infrastructure.

    “The Government will require critical infrastructure operators to undertake obligations to protect their computer systems, so as to reinforce their resilience against cybersecurity challenges. A bill will be introduced later this year.”

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: HK hones its financial edge

    Source: Hong Kong Information Services

    Chief Executive John Lee unveiled bold plans in his 2024 Policy Address for consolidating and enhancing Hong Kong’s status as an international financial centre.

    Upon highlighting the fact that Hong Kong is an international financial centre, ranking third globally and first in investment environment, he stated that the Government will continue with reforms to reinforce and enhance the city’s status.

    The Chief Executive explained that Hong Kong is an attractive location for investors for gold storage, spurring relevant activities such as gold trading, settlement, and delivery.  

    As such, his administration will capitalise on Hong Kong’s strengths as an international financial centre to build the city into an international gold trading centre.

    The Chief Executive provided details of the objective of building an international gold trading market given the city ranks among the world’s largest import and export markets for gold by volume.

    “The Government will promote the development of world-class gold storage facilities, facilitating the storage and delivery of spot gold by users and investors in Hong Kong, and driving demand for related services such as collateral and loan businesses, opening up new growth areas of the financial sector.”

    He added that the Financial Services & the Treasury Bureau (FSTB) will set up a working group to take forward the establishment of an international gold trading centre.

    “This will include, among other things, strengthening the trading mechanism and regulatory framework, promoting application of cutting-edge financial technology, and actively exploring with the Mainland authorities on the inclusion of gold-related products in the mutual market access programme.”

    Mr Lee also outlined his plan to deepen market access and enriching offshore renminbi business.

    “We will continue to enhance the mutual market access regime and reinforce our status as the world’s largest offshore renminbi business hub, contributing to the internationalisation of RMB. Key measures include continuously improving our infrastructure and upgrading the Central Moneymarkets Unit to facilitate the settlement of various assets in different currencies by international investors.

    “We will also develop the fixed income market infrastructure by, for instance, setting up a central clearing system for RMB-denominated bond repurchase (repo) transactions, making RMB sovereign bonds issued in Hong Kong a more popular choice of collateral in offshore markets. We will look to enhance the Cross-boundary Wealth Management Connect Scheme as well.”

    The Chief Executive indicated that the Government will strive to make better use of the currency swap agreement between the Hong Kong Special Administrative Region with our country to enhance offshore RMB liquidity.

    In doing so, it will provide more RMB-denominated investment products.

    Part of that plan calls for the Hong Kong Exchanges & Clearing (HKEX) to encourage more listed companies to have shares listed in the RMB stock trading counter. 

    Apart from increasing the issuance of RMB bonds and supporting issuance of more green and sustainable offshore RMB bonds in Hong Kong, it will also seek support from the Ministry of Finance for boosting the size and frequency of issuing RMB sovereign bonds, and launching offshore RMB sovereign bond futures as soon as possible, in Hong Kong.

    Additionally, the Government will actively liaise with Mainland authorities to expand the Bond Connect (Southbound Trading) as appropriate, including expanding the scope of eligible Mainland investors to non-bank financial institutions, and enriching liquidity management tools that facilitate offshore investors’ investment in onshore bonds by actively exploring and introducing various bond repo and collateral products and arrangements using onshore RMB bonds.

    Mr Lee shared the Government’s plans to enhance Hong Kong’s status as an international risk management centre and an international asset and wealth management centre.

    “Hong Kong has the highest concentration of insurance companies and the highest insurance density in Asia. To further strengthen Hong Kong’s position as a global risk management centre, the Insurance Authority will initiate a review next year. 

    “We will examine capital requirements for infrastructure investment, to enriching insurance companies’ asset allocation for risk diversification and driving investment in infrastructure such as the Northern Metropolis. We will also continue to invite Mainland and overseas enterprises, including large state-owned enterprises in the Mainland, to establish captive insurers in Hong Kong.”

    He added that there are 2,700 single-family offices in Hong Kong, and the industry has predicted that Hong Kong will become the world’s largest cross-boundary wealth management centre by 2028.  

    “We will make every effort to attract more global capital to be managed in Hong Kong, including facilitating the opening of new distribution channels for private equity funds through HKEX’s listing.”

    On top of that, he stressed that the Government will collaborate with sovereign wealth funds in regions along the Belt & Road.

    “We will strive to collaborate with large-scale sovereign wealth funds in regions such as the Middle East, in financing the setting up of funds to invest in assets in the Mainland and other regions.”

    Mr Lee also explained the measures to enhance the New Capital Investment Entrant Scheme, effective today. This means that investment in residential properties is allowed provided that the transaction price of the residential property concerned is no less than $50 million, with the amount of real estate investment to be counted towards the total capital investment capped at $10 million.

    Additionally, by expanding the scope of tax concessions, the Government will consult the industry on the proposal to add qualifying transactions eligible for tax concessions for funds and single-family offices.

    The Government is committed to proactively expanding markets and deepening overseas networks, Mr Lee said, as he conveyed its strategy to accomplish such a goal.

    “We will continue to actively expand and deepen our overseas networks, including forging financial co-operation with the Middle East and the region of the Association of South East Asian Nations, organising more international financial mega events, and exploring further collaboration with Islamic markets in the area of finance.”

    Mr Lee expounded on how the Government will accomplish its aim of further enhancing the securities market.

    Relevant measures include opening up new sources of capital overseas, striving for more listing of enterprises in Hong Kong, optimising vetting of listing applications and boosting market efficiency.

    He also noted the Government’s proposal for providing convenient cross-boundary financial services arrangement.

    “To promote financial inclusion, we will facilitate members of the public in making cross-boundary transactions and payments. 

    “The Hong Kong Monetary Authority and the People’s Bank of China are pushing forward the linkage of fast payment systems in the two places, ie the Faster Payment System in Hong Kong and the Internet Banking Payment System in the Mainland, to facilitate real-time, cross-boundary small-value payments by residents on both sides; and they will implement the arrangement enabling issuance of bank cards by Mainland branches of Hong Kong-incorporated banks in the Mainland.”

    Mr Lee revealed that his Policy Address embraces measure to enhance Hong Kong’s green finance ecosystem, due to the fact that the city is a leading sustainable finance hub in Asia.

    “The international carbon market (Core Climate) launched by the HKEX is the world’s only carbon market to offer Hong Kong dollar and RMB settlement for trading of international voluntary carbon credits.

    “The Hong Kong Monetary Authority will roll out the Sustainable Finance Action Agenda. In addition, the FSTB will launch a roadmap on the full adoption of the International Financial Reporting Standards – Sustainability Disclosure Standards this year, leading Hong Kong to be among the first jurisdictions to align its local requirements with the standards of the International Sustainability Standards Board.”

    MIL OSI Asia Pacific News –

  • MIL-OSI New Zealand: Government News – Retirement Commissioner welcomes commitment to complete the Retirement Villages Act review

    Source: Retirement Commissioner

     

    The Retirement Commissioner is pleased to see the Government’s commitment to progress the review of the Retirement Villages Act 2003.

     

    Associate Minister for Housing Tama Potaka and Seniors Minister Casey Costello announced today (Wednesday) that the Government is taking a more focused approach to the review including considering three priority areas relating to:

     

    • maintenance and repairs of operator-owned chattels and fixtures
    • managing complaints and disputes
    • options for incentivising or requiring earlier capital repayment when residents move out of a village.

     

    This comes following analysis of more than 11,000 submissions on a discussion paper developed by the Ministry of Housing and Urban Development which tabled a raft of proposals relating to retirement village living.

     

    Retirement Commissioner Jane Wrightson says the three areas of focus align to the issues that she’s seen regularly raised over the years and part of what she’s been advocating to see updated in the legislation.

     

    “There are longstanding issues that need to be resolved with a holistic look at the system. Changes will ultimately be good, not just for the residents, but those in the industry as well,” she says.

     

    “Having a fit for purpose, independent complaints scheme for example, will help take the onus off village managers from trying to resolve the messier disputes and provide a safety valve for both parties.

     

    “Providing some form of payment to residents or their families, while waiting for the License to Occupy to sell, whether in the form of interest or the capital sum minus the deferred management fee, may make the lives of village managers easier. Villages will deal with fewer distressed families who aren’t sure how they can pay for their parent’s rest-home care.”

     

    The Retirement Commissioner first called for a review of the legislation following the release of her white paper published in 2020 and the response to submissions received in 2021.

     

    “Retirement villages remain an attractive choice for some older New Zealanders, providing a sense of community and a quality option for those who wish to downsize,” says the Retirement Commissioner.

     

    “I look forward to a speedy resolution to address the most significant concerns we have with the current legislation and see the consumer protections for residents strengthened.”

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Defence News – HMNZS Manawanui update

    Source: New Zealand Defence Force

    Below is the latest update on HMNZS Manawanui.
     

    • Three containers from the ship remain out on the reef. The team has emptied one of the containers and one was already empty.
    • The New Zealand Defence Force (NZDF) task group ashore and Maritime NZ have confirmed that so far no pollution has been found on the shorelines, nor any deceased wildlife.
    • The NZDF continues to conduct daily beach surveys together with local authorities and have not found any evidence of pollution or fuel affecting the shoreline. 
    • RNZAF uncrewed aerial vehicles have been assisting with shoreline surveys.
    • Diving continues with a focus on damage assessment and obtaining imagery to aid in the investigation and containment.
    • An RNZAF P-8A Poseidon and crew have conducted several surveillance flights to provide imagery and assessments of the site.
    • Tomorrow HMNZS Canterbury will arrive in Apia harbour to support the Government of Samoa’s hosting of the Commonwealth Heads of Government Meeting. The ship is also transporting equipment that can assist in our ongoing response.

    MIL OSI New Zealand News –

  • MIL-OSI United Nations: Secretary-General’s message on World Food Day [scroll down for French version]

    Source: United Nations secretary general

    Download the video: https://s3.amazonaws.com/downloads2.unmultimedia.org/public/video/evergreen/MSG+SG+/SG+World+Food+Day+16+Oct+24/MSG+SG+World+Food+Day+16+Oct+24.mp4

    Something is very wrong with a world in which hunger and malnutrition are a fact of life for billions of children, women and men.

    On World Food Day, we remind ourselves of the 733 million people who are short of food because of conflict, marginalization, climate change, poverty and economic downturns — including those who face the threat of manmade famine in Gaza and Sudan…

    Or the 2.8 billion people who cannot afford a healthy diet — including those who are overweight as global obesity rates soar.

    The good news is that a zero-hunger world is possible.

    The 2021 Food Systems Summit set us on a course to tackle the inefficiencies and inequities built into our food systems.

    Food systems need a massive transformation, with the contributions of businesses, academics, research institutions and civil society, to become more efficient, inclusive, resilient and sustainable.

    Governments must work with all partners to incentivize the production and sale of healthy, nutritious food at affordable prices.  

    On World Food Day, let’s step up the fight against hunger and malnutrition.

    Let’s take action to uphold the right to food for a better life and a better future.
    *****
    Un monde dans lequel des milliards d’enfants, de femmes et d’hommes souffrent de la faim et de malnutrition, c’est un monde qui va très mal.

    En cette journée mondiale de l’alimentation, nous nous tournons vers les 733 millions de personnes qui, victimes de conflits, de la marginalisation, des changements climatiques, de la pauvreté ou de la récession économique, ne mangent pas à leur faim, notamment vers celles qui font face à la menace d’une famine causée par l’humain à Gaza et au Soudan…

    Nous pensons également aux 2,8 milliards de personnes qui n’ont pas les moyens d’accéder à une alimentation saine, y compris celles qui sont en surpoids, l’obésité dans le monde montant en flèche.

    La bonne nouvelle, c’est qu’un monde sans faim est possible.

    Le Sommet des Nations Unies sur les systèmes alimentaires, qui s’est tenu en 2021, nous a mis sur la voie de la lutte contre l’inefficacité et l’injustice de nos systèmes alimentaires.

    Les systèmes alimentaires doivent faire l’objet d’une transformation massive, avec la contribution des entreprises, des établissements universitaires, des instituts de recherche et de la société civile, pour devenir plus efficaces, plus inclusifs, plus résilients et plus durables.

    Les pouvoirs publics doivent collaborer avec tous les partenaires pour encourager la production et la vente d’aliments sains et nutritifs à des prix abordables.

    À l’occasion de la Journée mondiale de l’alimentation, redoublons d’efforts pour lutter contre la faim et la malnutrition.

    Agissons pour défendre le droit à l’alimentation et promouvoir une vie et un avenir meilleurs.
     

    MIL OSI United Nations News –

  • MIL-OSI New Zealand: Serious crash, Great South Road, Manukau

    Source: New Zealand Police (District News)

    Emergency services are currently at the scene of a serious two-vehicle crash on Great South Road near Ryan Place, Manukau. 

    Initial indications are there have been serious injuries. 

    Traffic management is in place while emergency services work at the scene.

    Motorists, please avoid the area, or expect delays.

    ENDS 

    Issued by Police Media Centre 

    MIL OSI New Zealand News –

  • MIL-OSI Economics: Secretary-General of ASEAN attends the 9th ASEAN Ministerial Conference on Cybersecurity and related special sessions in Singapore

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, this morning participated in the 9th ASEAN Ministerial Conference on Cybersecurity (AMCC) and the accompanying special sessions with Dialogue Partners, held in Singapore.

    The Meeting exchanged views on enhancing regional cooperation to address emerging cyber threats, while also exploring ways to strengthen a rules-based multilateral order in cyberspace. Additionally, the Meeting discussed approaches to advancing ASEAN’s regional cyber cooperation with dialogue partners to collectively address shared cybersecurity challenges.

    The post Secretary-General of ASEAN attends the 9th ASEAN Ministerial Conference on Cybersecurity and related special sessions in Singapore appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Challenges and Opportunities for Adopting Alternative Dispute Resolution in Developing Asia

    Source: Asia Development Bank

    Kasumigaseki Building 8F, 3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo 100-6008, Japan

    About ADBI

    The Asian Development Bank Institute was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.

    ADBI News

    Subscribe to our newsletter to get the latest news and find out about our upcoming events and job openings.

    MIL OSI Economics –

  • MIL-OSI Banking: RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on October 16, 2024

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 16, 2024, Wednesday, as under:

    Sl. No. Notified Amount
    (₹ crore)    		 Tenor
    (day)    		 Window Timing Date of Reversal
    1 50,000 1 11:30 AM to 12:00 Noon October 17, 2024
    (Thursday)

    2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1302

    MIL OSI Global Banks –

  • MIL-Evening Report: Claims that Qantas is greenwashing build a case for carbon assurance: here’s what it is

    Source: The Conversation (Au and NZ) – By Md Safiullah (Safi), Senior Lecturer in Finance, RMIT University

    ChristianChan/Shutterstock

    Qantas is being taken to Australia’s consumer regulator over its claim it is committed to achieving net zero emissions by 2050.

    The Environmental Defenders Office and the advocacy group Climate Integrity say the claim is “not backed up by credible targets or substantiating strategies” making it potentially misleading and in breach of the Australian Consumer Law.

    The Australian Competition and Consumer Commission has yet to decide whether to investigate the complaint, and Qantas has yet to respond.

    The complaint follows a ruling by a Dutch Court earlier this year that the airline KLM had misled consumers by creating the false impression it was sustainable.

    The win has spurred the European Commission to write to 20 airlines identifying potentially misleading claims and inviting them to bring their practices in line.

    Of most concern to the European regulators are claims the carbon emissions caused by flights can be offset by climate projects and the use of sustainable fuels, to which the consumers can contribute by paying additional fees.

    Carbon assurance assesses claims ahead of time

    These kinds of complaints would be much easier for airlines (and other compnies) to deal with if they had submitted themselves to a process known as carbon assurance ahead of time.

    Usually entered into voluntarily, and conducted by an independent assessor in accordance with an international standard, the process verifies the accuracy, transparency, and credibility of an organisation’s carbon emissions claims.

    My own research with Linh Nguyen, just published in Finance Research Letters, finds firms with high carbon assurance scores are more likely to obtain more trade credit from their suppliers.

    Europe and Australia are moving towards making carbon assurance mandatory for large corporations.

    Few firms submit themselves to it

    A survey by KPMG International finds that while nearly all of the world’s 250 largest firms report on the sustainability of their operations, only two-thirds submit themselves to carbon assurance.

    Another survey of 5,183 companies from 42 countries that publish emissions data finds half don’t engage a carbon assuror.

    This could be because they are afraid of what the assuror will find.

    An international survey of 750 companies that sought some level of external assurance found just 14% received a reasonable assurance.

    Many firms aren’t ready

    Assessors are hard to find.
    NattapongPunna/Shutterstock

    Assurors, and the skills within the organisation to handle the process are hard to find. While international standards are in place, there isn’t yet a professional or regulatory body to certify assurors.

    The Australian government intends to make assurance reports for the
    Scope 1 and Scope 2 emissions of large firms mandatory from July 2026.

    Scope 1 and scope 2 emissions are the direct and indirect emissions of the corporation itself.

    The government intends to make Scope 3 emissions (those in other parts of the corporation’s supply and distribution chain) mandatory from July 2030.

    It will be important to get the systems in place.

    While what the firms report will matter a lot, what will matter almost as much is an assurance we can believe what they report.

    Md Safiullah (Safi) does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Claims that Qantas is greenwashing build a case for carbon assurance: here’s what it is – https://theconversation.com/claims-that-qantas-is-greenwashing-build-a-case-for-carbon-assurance-heres-what-it-is-239592

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: UXLINK Celebrates Milestone of 28 Million Global Users, Reinforcing Its Status as the Largest Web3 Social Platform

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Oct. 16, 2024 (GLOBE NEWSWIRE) — UXLINK, the world’s largest Web3 social platform and infrastructure provider, proudly announces a significant milestone of reaching over 28 million users globally. As the leading Web3 platform, UXLINK continues to shape the future of decentralized social networking by seamlessly connecting users, developers, and real-world scenarios in sectors such as food, clothing, housing, and transportation.

    With a mission to build a comprehensive Web3 ecosystem, UXLINK offers an innovative social graph that enhances user engagement through its “link-to-earn” model, allowing users to build connections and groups while earning rewards for their participation. The platform’s intuitive features are designed to guide new users into the world of Web3, making it accessible and user-friendly.

    “Our rapid growth is a testament to the value that UXLINK brings to its community. We are committed to further enhancing the platform by introducing new features that not only serve users but also empower developers to create unique applications,” said Sean, CEO at UXLINK. “By integrating blockchain technology, UXLINK is redefining what it means to connect in the digital age.”

    Empowering Developers Through Social Growth Layer

    In addition to serving users, UXLINK is building a robust Social Growth Layer, which provides app developers with modular services for various application scenarios. The Social Growth Layer offers chain abstraction, unified accounts, social protocols, and rich data integration, enabling developers to focus on delivering exceptional product experiences.

    “Developers are the backbone of the Web3 ecosystem. By providing a flexible and scalable infrastructure, we are lowering the barriers for innovation and enabling developers to achieve rapid success,” Sean added.

    With over 200 partners in the UXLINK ecosystem, the platform is rapidly expanding its reach and capabilities. Several applications have already leveraged UXLINK’s infrastructure to accelerate growth and secure token listings on major centralized exchanges (CEXs).

    For more information, visit http://www.uxlink.io.

    About UXLINK:

    UXLINK is the world’s largest Web3 social platform and infrastructure provider, connecting a wide array of ecosystem partners and users through a seamless and interactive digital experience. By leveraging blockchain technology, UXLINK aims to redefine social networking, ensuring a secure, transparent, and rewarding environment for its global community.

    Contact Details:

    UXLINK: https://www.uxlink.io/
    Twitter: https://twitter.com/UXLINKofficial
    Telegram: https://t.me/uxlinkofficial, https://t.me/uxlinkofficial2
    CMC: https://coinmarketcap.com/currencies/uxlink/

    Contact Information:
    UXLINK
    admin@uxlink.io

    Media Contact:
    Rachita Chettri
    MediaX Agency
    contact@mediax.agency

    Disclaimer: This content is provided by “UXLINK”. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c6e40cdd-c017-4e64-ade0-baee64c201a6

    The MIL Network –

  • MIL-OSI Asia-Pac: Countercyclical macroprudential measures for property mortgage loans

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hong Kong Monetary Authority:
     
         The Hong Kong Monetary Authority (HKMA) today (October 16) issued guidelines to banks adjusting the countercyclical macroprudential measures for property mortgage loans.
          
         Following the abolition of the demand-side management measures for residential properties by the Government and the adjustments of the supervisory measures for property mortgage loans by the HKMA in February 2024, sentiment in the residential property market has improved. The average monthly housing transaction volume rose from 3 300 units in the first quarter of 2024 to 6 000 units in the second quarter. As market sentiment subsequently softened, the average monthly transaction volume fell back to 3 400 units in the third quarter. Official residential property prices declined by 6.2 per cent in the first eight months of 2024, with a cumulative correction of 26.6 per cent from their peak in 2021. The non-residential property market remained sluggish. In the first eight months of 2024, the prices of offices, flatted factories and retail premises eased further by 17.5 per cent, 11.8 per cent and 13.0 per cent respectively. Meanwhile, the external environment is still facing uncertainties including the pace of US interest rate cuts.
          
         The aim of the countercyclical macroprudential measures for property mortgage loans is to introduce appropriate measures in the light of changes in market conditions to ensure that, on the one hand, banks maintain effective risk management and, on the other hand, the measures minimise as far as possible the impact on the public in buying and selling properties. Taking all relevant factors into account, the HKMA considers that there is room to further adjust the countercyclical macroprudential measures, while continuing to maintain banking stability and ensuring the proper risk management of property mortgage loans:
     
         1. The maximum loan-to-value (LTV) ratio for all residential properties will be set at 70 per cent, regardless of the value of the property and whether it is for self-occupation.

         2. For mortgage loans assessed based on the net worth of mortgage applicants, the maximum LTV ratio will be adjusted from 60 per cent to 70 per cent, which will be the same as the maximum LTV ratio for mortgage loans assessed based on the debt servicing ability of mortgage applicants. This adjustment is applicable to both residential properties and non-residential properties (including offices, retail shops and industrial buildings). 

         3. The debt servicing ratio (DSR) limit for non-self-use properties will be adjusted from 40 per cent to 50 per cent, which will be the same as the DSR limit for self-use properties. This adjustment is applicable to both residential properties and non-residential properties.

         4. The requirement to lower the applicable maximum LTV ratio and DSR limit by 10 percentage points for mortgage applicants who have borrowed or guaranteed other outstanding mortgage(s) at the time of making a mortgage application will be lifted. 

         After these adjustments, the maximum LTV ratio will be standardised at 70 per cent and the DSR limit will be standardised at 50 per cent for all residential properties and non-residential properties.
          
         These adjustments will take effect from today and apply to property transactions with provisional sale and purchase (S&P) agreements signed today or subsequently. The adjustments are also applicable to mortgage applications for properties under construction where the provisional S&P agreements were signed previously and the properties are scheduled for completion on or after today.
          
         The Chief Executive of the HKMA, Mr Eddie Yue, said, “Taking into account the latest market developments, the HKMA has decided to adjust the countercyclical macroprudential measures for property mortgage loans and revert the maximum LTV ratio and DSR limit to the pre-2009 levels before the countercyclical macroprudential measures were first introduced. Even with these adjustments announced today, the Hong Kong banking sector has ample buffers to cope with any challenges from a sharp correction in property prices. Once again, I would like to remind the public that buying a property is a long-term financial commitment. Prospective buyers should carefully assess the risks involved and their ability to afford a property.”
          
         The HKMA will continue to monitor market developments closely and introduce measures to safeguard banking stability as conditions in the property market evolve.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CE’s speech in delivering “The Chief Executive’s 2024 Policy Address” to LegCo (8)

    Source: Hong Kong Government special administrative region

    VII. Take Forward the Northern Metropolis as Growth Engine and Deepen GBA Collaboration(A) Take Forward Development of the Northern Metropolis138. The Northern Metropolis is the new engine of Hong Kong’s economic development. We will expedite the implementation of economic and housing‑related projects in the Northern Metropolis, while maintaining a prudent fiscal position.139. The Northern Metropolis will gradually enter the maturity phase. In the next five years, some 60 000 housing units involving about 10 new PRH estates will be completed and ready for intake. The first batch of land at the San Tin Technopole will be put to the market, and the new Huanggang Port building with co‑location of immigration and customs clearance arrangement will be completed. In the second five‑year period, the number of new housing units will increase by about 150 000, with over 10 million square metres of gross floor area available for economic uses. The first joint‑user government building in Kwu Tung North will be put to use, and the expanded North District Hospital will be ready for service. As for transport infrastructure, construction of the Northern Link (NOL) Main Line is scheduled for completion in 2034, and the Northern Metropolis Highway (San Tin Section) is set to open in 2036. These developments will significantly boost our economic growth and bolster our R&D and technology industries, while providing a better living environment which will help attract talents and encourage them to settle in Hong Kong for good. It will also enhance the quality of life of the people of Hong Kong, improving their livelihood and well‑being.140. The Government will seek funding for the first‑stage of San Tin Technopole’s infrastructure and begin construction works this year. The target is to deliver about 20 hectares of new I&T sites in phases, beginning in 2026‑27, for the Hong Kong Science and Technology Parks Corporation’s development and operation. In addition, the second‑phase of the Yuen Long South NDA will begin in mid‑2025. The preliminary development proposal for Ngau Tam Mei will be announced shortly, with land reserved for developing the Northern Metropolis University Town, the third medical school and an integrated teaching hospital. This will be followed by the announcement of the preliminary development proposals for the New Territories North New Town and the Ma Tso Lung area before end this year. The rezoning process for Sandy Ridge in the North District will begin this year, expanding its I&T sites to 10 hectares for use as data centres and related purposes.141. We are exploring the establishment of a pilot industrial park by granting some of the logistics sites in the Hung Shui Kiu/Ha Tsuen NDA to a company established and led by the Government. The company will, in accordance with the Government’s industrial policies, be responsible for formulating the park’s development and operation strategies (including considering whether to accept strategic investment), taking up day‑to‑day management and attracting businesses and investment. We will announce the details in the first quarter of next year. Separately, we will consider flexible disposal approaches for industry land to meet the development needs of individual industries, with a view to driving industry development.142. To expedite development of the Northern Metropolis, the Government will adopt, on a pilot basis, a large‑scale land‑disposal approach, under which sizable land parcels with commercial value and earmarked for provision of community facilities will be selected and granted to successful bidders for collective development. This approach can speed up development of the land parcels, enabling a more co‑ordinated design for the area. We have identified three land parcels, each of 10 to 20 hectares, as pilot sites.(B) Promote Development of the Hong Kong‑Shenzhen I&T Park in the Loop143. The Hetao Shenzhen‑Hong Kong Science and Technology Innovation Co‑operation Zone, located on both sides of the Shenzhen River, consists of the Shenzhen Park and the Hong Kong Park. Capitalising on the strengths of “One Country, Two Systems” with the geographic advantages of “one river, two banks”, the Government will develop the Hong Kong Park in the Loop into a world‑class, industry‑academia‑research platform, an internationally competitive R&D transformation and pilot production base for industries, a hub for pooling global I&T resources, as well as a testing ground for institutional and policy innovation.144. I have established the Steering Committee on the Hong Kong‑Shenzhen I&T Park in the Loop, chaired by myself, to lead the HKSAR Government to formulate the overall strategy, planning and layout for the development of the Hong Kong Park. The Development Outline for the Hong Kong Park of the Hetao Shenzhen‑Hong Kong Science and Technology Innovation Co‑operation Zone will be published later this year, setting out innovative policies to facilitate the flow of personnel, materials, capital and data between the two parks, making the co‑operation zone a crucial source of new quality productive forces for our country.145. The Hong Kong Park will be developed in two phases from west to east. The Government is boosting both the speed and quantity, doubling the first‑phase development’s gross floor area to 1 million square metres. Construction of the first three buildings will be completed in phases, from the end of this year. The first batch of tenants, from life and health technology, AI, data science and other pillar industries, will begin to move in next year. The remaining five buildings will be completed in the coming five years.146. We are also exploring with the Mainland authorities the trial implementation of innovative facilitation measures, including facilitating cross‑boundary travel of designated personnel of the two parks, enabling the cross‑boundary movement of materials by using low‑altitude, unmanned aerial vehicles, and facilitating cross‑boundary fund transfers by Mainland enterprises settling in the Hong Kong Park.(C) Leverage the Strengths of the GBA to Foster Mutual Capacity Development147. The GBA is a strategic fulcrum of the new development pattern of our country, a demonstration zone of high‑quality development, and a pioneer of Chinese modernisation. And Hong Kong is an active participant, facilitator and beneficiary.148. To strengthen top‑level planning and steer, I have established the Steering Group on Integration into National Development to lead the HKSAR Government and all sectors of the community to take a more proactive role in promoting the integrated development of Hong Kong and the Mainland, particularly the Mainland cities of the GBA, deepening collaboration through various co‑operation task forces between the two sides. The Government will continue to promote the GBA development by building a higher level of connectivity, facilitating policy innovations and breakthroughs, pursuing wider harmonisation of rules and mechanisms, and expediting co‑ordinated development of I&T and related industries.Capitalise on the Mainland’s Land Resources and Hong Kong’s Advantages in Cargo Flow to Develop a Logistics Industry Circle149. The HKIA Dongguan Logistics Park is an excellent example for the development of an innovative co‑operation mechanism. The park, built with Hong Kong investment, combines our strengths in aviation and logistics with the Mainland’s advantages in terms of land and manpower resources, leading to a reduction in operating costs and cargo handling time. We will work with the Dongguan Municipal Government to jointly develop the permanent logistics park.Promote Collaboration in the Airport Cluster of the GBA to Expand Business Networks150. We will combine the strengths of the HKIA and the Zhuhai Airport, enhancing the Fly‑Via‑Zhuhai‑Hong Kong direct passenger service and promoting the development of the international air‑cargo business in collaboration with the Zhuhai Municipality, to achieve mutual benefits.Enhance the Mechanism on Recognition of Professional Qualifications151. In collaboration with the Guangdong Province, we have established an evaluation mechanism of post titles for the first batch of Hong Kong engineering professionals. We will continue to do so for other construction professions on a gradual basis.  We are also collaborating with the Guangdong Province and Macao to create GBA Standards on the skill level for skilled workers in the construction sector, and will work with the “One Examination, Multiple Certification” arrangement so that those who pass the examinations adopting the GBA Standards can concurrently obtain vocational skill certificates issued by the three places. This will enhance the training quality of the construction industry in the GBA and nurture talents.Mobilise Capital for Joint Investment in the GBA152. The HKIC is proactively exploring with relevant Mainland organisations co‑operation opportunities for joint investment in GBA projects that present the potential to realise economic and social benefits, taking into account market developments.Promote Data Flow for Public Convenience and Business Facilitation153. The Standard Contract for the Cross‑boundary Flow of Personal Information Within the GBA (Mainland, Hong Kong), piloted in the banking, credit referencing and healthcare sectors since last year, has been operating smoothly, streamlining cross‑boundary data flow in compliance with relevant rules. We will extend the measure to all sectors, promoting more cross‑boundary services to benefit the public and businesses while facilitating data flow throughout the GBA.Scale up Medical Collaboration in the GBA154. We will extend the Elderly Health Care Voucher GBA Pilot Scheme to cover nine Mainland cities in the GBA, and expand the sharing of cross‑boundary medical records via the eHealth platform. We will work to enable the cross‑boundary use of data, samples, drugs and medical devices through the GBA Clinical Trial Collaboration Platform and the Real‑World Study and Application Centre in the Hetao Shenzhen‑Hong Kong Science and Technology Innovation Co‑operation Zone. That will accelerate development of the pharmaceutical industry for medical innovation. We will also foster collaboration with the GBA to promote specialist training that aligns with international standards.Strengthen Legal Co-operation155. We will continue to follow up on the implementation of the enhanced arrangement for cross‑boundary service of judicial documents, and promote the establishment of a GBA legal information platform and a dedicated platform for GBA lawyers to facilitate professional exchange and training.Nurture Talents and Create Opportunities for Youth Development156. We have been encouraging local universities to offer education services in the GBA. To date, four GBA campuses have been set up. In addition, we have set up the GBA Youth Employment Scheme to encourage Hong Kong youths to work in the region. We are exploring the provision of a reciprocal arrangement.(To be continued.)

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: New maritime action plan unveiled

    Source: Hong Kong Information Services

    Chief Executive John Lee said the Government will step up efforts in fostering Hong Kong’s maritime industry while taking a multipronged approach to consolidating its status as an international shipping centre.

    Mr Lee made the announcement today while outlining key measures in his 2024 Policy Address.

    He explained that the existing Hong Kong Maritime & Port Board will be reconstituted into the “Hong Kong Maritime & Port Development Board”, a high-level advisory body to assist the Government in formulating policies and long-term development strategies. 

    Additional funding will be provided to enhance its research capabilities, strengthen its Mainland and overseas promotional work and step up manpower training, supporting the Government in policy implementation more effectively and promoting the sustainable development of Hong Kong’s maritime industry.”

    He emphasised that the Government will strive to promote the development of high value-added maritime and professional services in an effort to boost Hong Kong’s maritime strengths.

    Relevant measures include enhancing and promoting tax concessions to strengthen the local maritime ecosystem, attracting maritime service enterprises to establish a presence in Hong Kong and developing maritime services talents.

    Regarding advancing the development of a green maritime centre, the Chief Executive stated that the Government will start with promoting the green transformation of registered ships.  This includes offering cash incentives to ships meeting relevant international standards on decarbonisation.

    Another action plan, Mr Lee said, calls for developing a green maritime fuel bunkering centre.

    “We will promulgate the Action Plan on Green Maritime Fuel Bunkering by the end of this year. We will take forward the related infrastructural development such as green maritime fuel bunker terminals, promote port emissions reduction, offer incentives to encourage green maritime fuel usage, co-operate with ports in the Greater Bay Area, and construct a green shipping corridor with major trading partners.”

    He added that offering green fuel bunkering facilities will provide green ships with smart information concerning navigational safety, and enhance the ship monitoring systems to ensure safety during fuel bunkering.

    Because commodities, including metals and minerals, account for more than half of the global shipping trade volume, Mr Lee pointed out the Government is keen on creating a commodity trading ecosystem.

    “Shipowners and commodity traders are the key users of shipping routes and maritime services. Their presence and operation in Hong Kong can drive the maritime services industry, and boost demand for related financial and professional services such as hedging activities of related futures products, conducive to consolidating and enhancing Hong Kong’s status as an international financial, shipping and trade centre. 

    “We will explore the introduction of tax concessions and support measures to attract relevant enterprises in the Mainland and overseas to set up businesses in Hong Kong, building a commodity trading ecosystem in our city.”

    He noted that there has been an international commodity exchange expressing its intention to establish accredited warehouses in Hong Kong for storage and delivery of commodities, including non‑ferrous metal products.

    As such, the Government will capitalise on this opportunity to establish relevant supporting facilities so as to attract Mainland enterprises to engage in commodity trade, especially of non‑ferrous metal, in Hong Kong.

    On the topic of developing the Smart Port and conducting international promotions, Mr Lee shared that the Government will complete the installation of a port community system next year.

    “It will be equipped with functions such as shipment tracking, real-time transport information, electronic information and document retrieval, and port data analysis, enabling the flow and sharing of data among stakeholders in the maritime, port and logistics industries.

    “The Government will also organise more major events with international maritime organisations and enterprises to showcase to the world Hong Kong’s maritime strengths.”

    The Chief Executive also took time in his Policy Address to elaborate on the Government’s strategy of expanding high value-added logistics services.

    “We are taking forward the Action Plan on Modern Logistics Development, and will release four quality logistics sites for the industry to develop modern, high-end, multi-storey logistics facilities. 

    “The findings of the planning study on the development of modern logistics clusters in the Hung Shui Kiu/Ha Tsuen New Development Area will be published next year.”

    The Government will continue to strengthen co-operation in the logistics sector with the western part of Guangdong and other neighbouring areas, making good use of the Hong Kong-Zhuhai-Macao Bridge to expand the catchment area of its cargo services and facilitate more goods to go through Hong Kong, Mr Lee added.

    MIL OSI Asia Pacific News –

  • MIL-OSI China: Xi inspects Zhangzhou in east China’s Fujian

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

    FUZHOU, Oct. 16 — Xi Jinping, general secretary of the Communist Party of China Central Committee, on Tuesday afternoon inspected Dongshan County in Zhangzhou City, east China’s Fujian Province.

    He visited Aojiao Village of Chencheng Township, the Gu Wenchang memorial hall and the Guandi cultural industrial park.

    During the visits, Xi learnt about local efforts to advance rural revitalization across the board, carry forward the revolutionary traditions and strengthen the protection of cultural heritage.

    MIL OSI China News –