Category: Asia Pacific

MIL-OSI Asia-Pac: NHRC, India organised a meeting of the Core Group on Women on the theme ‘Empowering ASHAs: Securing the right to work with dignity’

Source: Government of India (2)

NHRC, India organised a meeting of the Core Group on Women on the theme ‘Empowering ASHAs: Securing the right to work with dignity’

NHRC, India Chairperson, Justice Shri V Ramasubramanian attributes a significant reduction in neonatal and infant mortality rates in the country to the services of ASHAs

Calls for collaborative efforts between the Centre and State Governments to address the issues concerning ASHA workers’ welfare

Member, Justice (Dr) Bidyut Ranjan Sarangi says, ASHAs’ voluntary role as the first line of medical care in far-flung areas needs to be better recognized

Secretary General, Shri Bharat Lal says, their issues related viz. workload and insufficient resources need to be addressed

Among various suggestions, replacing an incentive-based payment structure with a fixed salary plus performance-based benefits underscored

Providing ASHAs with health insurance, maternity benefits, and accident coverage also highlighted

Posted On: 21 FEB 2025 11:54AM by PIB Delhi

The National Human Rights Commission (NHRC), India organised a core group meeting in hybrid mode on women on the theme ‘Empowering Accredited Social Health Activists (ASHAs): Securing the right to work with dignity’ at its premises in New Delhi. It was chaired by the NHRC, India Chairperson, Justice Shri V. Ramasubramanian in the presence of Member, Justice (Dr) Bidyut Ranjan Sarangi, Secretary General, Shri Bharat Lal, senior officers, experts, and ASHAs.

Addressing the participants, Chairperson, Justice Shri V. Ramasubramanian highlighted the remarkable contributions made by ASHAs over the past 20 years towards improvements in the healthcare sector in the country. He emphasised that the significant impact of ASHAs has led to notable progress in reducing neonatal and infant mortality rates. They showed that individuals without formal education can still be trained to become skilled workers. He also noted that while there are many educated people today, the number of skilled workers is decreasing. This gap is being addressed by the ASHA scheme. However, he pointed out that ASHAs’ have been stating that their remuneration is not in proportion to their contribution to society. The irony is that at times, those who contribute the most often receive the least; those who care for the marginalized end up being marginalized themselves.

Justice Ramasubramanian said that public health and fixing of minimum wages is a subject coming under the State. Population control and family planning fall under the Concurrent list. Hence, there should be a collaborative effort between the Centre and State Governments to address the issues concerning ASHAs’ welfare. He also called for a concrete policy and actionable measures for improving the working conditions and living standards of ASHAs.

NHRC, India Member, Justice (Dr) Bidyut Ranjan Sarangi said that the ASHAs are the first responders to any distress related to pregnant women and children in the village areas before consultation with any doctors materializes. Therefore, their role as activists should be better recognized with adequate incentives, compensation, and security to ensure their right to life with dignity.

Before this, while setting the agenda of the meeting and providing background, the Secretary General, Shri Bharat Lal highlighted the theme of the three technical sessions. These included: ‘The Evolving Nature of Challenges faced by ASHA’, ‘Role of the Government in Protecting and Promoting the Rights of ASHAs’, and ‘Way Forward: Ensuring the Right to Work with Dignity for ASHAs.’ He said that the Government has come up with various schemes for women’s empowerment and given the contribution of ASHAs in primary healthcare, their issues such as low honorarium, excessive workload, and insufficient resources also need to be addressed. He highlighted their role during COVID-19 as frontline workers have been exemplary, which has also been acknowledged by the WHO.

The speakers included Shri Saurabh Jain, Joint Secretary, MoHFW; Ms Pallavi Agarwal, Joint Secretary, Ministry of Women & Child Development; Dr Shweta Khandelwal, Senior Advisor Jhpiego India; Ms Ruth Manorama, President, The National Alliance of Women (NAWO); Dr Sabiha Hussain, Professor and Director, Sarojini Naidu Center for Women’s Studies, Jamia Islamia University; Ms. Vaishali Barua, National Coordinator, UN Women India; Ms Dipa Sinha, Visiting Professor, Azim Premji University; Ms Surekha Secretary, ASHA Workers’ and Facilitators’ Federation of India (AWFFI); Ms Sunita, ASHA Worker, Haryana, NHRC, India DG (I), Shri R Prasad Meena, Registrar (Law), Joginder Singh, Director, Lt Col Virender Singh among others.

Some of the suggestions that emanated from the discussion included;

• Need to consider granting ASHAs formal worker status with fixed monthly emoluments, social security, pensions, paid leave, etc.;
• Standardize honorarium/ wages across states, ensuring that honorariums align with minimum wage regulations;
• Replace incentive-based payment structure with a fixed amount plus performance-based benefits;
• Provide health insurance, maternity benefits, and accident coverage to ASHAs;
• Ensure free personal protective equipment (PPE), transport allowances, and access to clean rest areas during field visits;
• Enforce strict policies against harassment and violence, ensuring safe working conditions for ASHAs in all regions;
• Utilize Rs 49,269 crore (As of 2022) of unspent funds from the Building and Other Construction Workers Welfare Cess Act for childcare, elderly care, and ASHA welfare;
• Allocate Rs 70,051 crore health sector grants towards strengthening early childhood care and healthcare workers’ training;
• Establish state-funded creches at primary health centres and community centres to support ASHAs who are also primary caregivers at home;
• Develop structured career pathways for ASHAs to transition into higher-paying healthcare roles, such as nursing, midwifery, and public health administration;
• Provide regular skill enhancement training in disease surveillance, mental health counseling, and emergency medical response;
• Introduce bridge courses in collaboration with medical colleges and universities to certify ASHAs for formal healthcare roles;
• Incentivize private sector investments in childcare and elderly care infrastructure, with tax benefits for employers offering workplace childcare solutions;
• Promote cooperative models, like the SEWA model, to ensure ASHAs have decision-making power over wages and working conditions; and
• Foster public-private partnerships to expand affordable community-based care services, creating decent job opportunities for ASHAs.

The Commission will further deliberate on the suggestions, seek additional inputs and deliberate to take a view in the matter to ensure the welfare of ASHAs.

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NSK

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MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: HKSAR Government sets up Hong Kong Cross-boundary Public Services self-service kiosk and “iAM Smart” self-registration kiosk in Dongguan (with photos)

Source: Hong Kong Government special administrative region

HKSAR Government sets up Hong Kong Cross-boundary Public Services self-service kiosk and “iAM Smart” self-registration kiosk in Dongguan (with photos)
HKSAR Government sets up Hong Kong Cross-boundary Public Services self-service kiosk and “iAM Smart” self-registration kiosk in Dongguan (with photos)
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To advance the development of a digital government, the Hong Kong Special Administrative Region (HKSAR) is collaborating with Guangdong Province to promote the Cross-boundary Public Services initiative. The Digital Policy Office (DPO) announced today (February 21) the setting up of a Hong Kong Cross-boundary Public Services self-service kiosk in Dongguan to enable residents and enterprises in Mainland cities of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) to access public services of Hong Kong without the need to travel to Hong Kong in person. Starting today, the public can use the Hong Kong Cross-boundary Public Services self-service kiosk located on 2/F, Dongguan Citizen Service Center to access various public services of Hong Kong. The opening hours of the kiosk in the Center are 9am to noon and 1pm to 5pm, Monday to Friday (except public holidays on the Mainland). For details, please visit the Hong Kong Cross-boundary Public Services thematic website at www.crossboundaryservices.gov.hk/en/home/index.html. Following the Hong Kong Cross-boundary Public Services self-service kiosks that commenced operation earlier in Guangzhou, Qianhai and Futian in Shenzhen, Zhuhai and Foshan as well as Huizhou, the Cross-boundary Public Services self-service kiosk in Dongguan also provides over 70 public services from 12 government bureaux and departments as well as related organisations, encompassing eight areas commonly used by enterprises and the public including taxation, company registration, property and vehicle enquiry and registration, application for personal identification documents and entry of talent, welfare and education, healthcare, immigration clearance, urgent assistance as well as culture and tourism. Members of the public can use the self-service kiosks to perform data entry, document scanning and result printing to enjoy one-stop access when applying for various public services. An “iAM Smart” self-registration kiosk is also set up at the Dongguan location to enable Hong Kong residents working and living on the Mainland to register for “iAM Smart+” and directly use the “iAM Smart” mobile app for one-stop public services, covering more than 400 Hong Kong public services, such as renewal of a vehicle licence, enrolment for the Contactless e-Channel, and application for student grant. For details and registration requirements, please visit the “iAM Smart” thematic website at www.iamsmart.gov.hk/en/reg.html. A spokesman for the DPO expressed sincere gratitude to the Guangdong Provincial Administration of Government Service and Data for its strong support, and to the Center for its full co-operation. The DPO will continue to discuss with the Guangdong Provincial Administration of Government Service and Data to set up self-service and self-registration kiosks in more Mainland cities of the GBA to cope with the demands of residents and enterprises in the GBA for public services of Hong Kong. To implement the State Council’s Guiding Opinions to all provincial governments on Cross-provincial Public Services and their comprehensive deployment, the HKSAR Government and the Guangdong Provincial Administration of Government Service and Data jointly commenced work of the GBA Cross-boundary Public Services in 2021, and jointly introduced a dedicated service area/thematic website for Cross-boundary Public Services in November 2023. The initiative enables enterprises and the public in both regions to enjoy simple and convenient cross-boundary services, with a view to facilitating the provision of public services and investment in the GBA, and enhancing the satisfaction and sense of contentment of enterprises and the public in accessing services across the boundary.

Ends/Friday, February 21, 2025Issued at HKT 15:30

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MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Speech by DSJ at Sports Law Conference luncheon (English only) (with photo)

Source: Hong Kong Government special administrative region

Following is the speech by the Deputy Secretary for Justice, Dr Cheung Kwok-kwan, at the Sports Law Conference luncheon organised by the Law Society of Hong Kong today (February 21):

President Roden Tong (President of the Law Society of Hong Kong), distinguished guests, ladies and gentlemen,

     Good afternoon. It is a great pleasure for me to speak at this lunch conference.

     This morning, you heard from esteemed experts on the relationship between sports and law, highlighting how it supports the ever-expanding sports industry – locally, regionally and globally. As the sports market continues to grow, there is an increasing demand for dispute resolution services tailored to address a wide range of sports-related issues, including competition-related disputes, contractual disputes, and governance matters. In the next few minutes, I would like to share with you the Government’s latest initiatives aimed at fostering the growth of sports dispute resolution in Hong Kong.

     Over the past two years, the Government, specifically the Department of Justice (DoJ) and the Culture, Sports and Tourism Bureau, has been actively engaging with key stakeholders in order to better understand the needs of our sports sector.

     In the Chief Executive’s Policy Address last year, the Government announced the initiative to explore establishing a sports dispute resolution mechanism and promote sports arbitration, leveraging the institutional advantages of Hong Kong in dispute resolution. Specifically, the Government supports the industry in launching a pilot scheme on sports dispute resolution in Hong Kong within 2025.

     To this end, we have met with the two legal professional bodies in Hong Kong, the Law Society of Hong Kong and the Hong Kong Bar Association, as well as the Sports Federation & Olympic Committee of Hong Kong, China (SF&OC), to explore Hong Kong’s potential for establishing a sports dispute resolution mechanism. Through these dialogues, it has become clear that the industry seeks a neutral, fair, and efficient system for resolving sports disputes.

     Furthermore, during a meeting of the Legislative Council (LegCo) Panel on Administration of Justice and Legal Services last May, the DoJ briefed Members on Hong Kong’s potential for the development of sports dispute resolution, and sought their views on its future direction. Members of the Legislative Council and the two legal professional bodies expressed unanimous support for advancing sports dispute resolution in Hong Kong and exploring the establishment of a dedicated dispute resolution mechanism.

     To effectively implement the initiative, the DoJ has established the Advisory Committee on Sports Dispute Resolution, which I have the privilege to chair. The Advisory Committee comprises representatives from the Culture, Sports and Tourism Bureau, the Law Society of Hong Kong and the Hong Kong Bar Association. Their role is to advise the Government on the design, establishment and implementation of the pilot scheme. We held our first meeting last month to kick-start the preparatory work for the pilot scheme.

     We are actively gathering input from stakeholders on the design and implementation mechanism of the pilot scheme. Just this week, we met with the SF&OC, and we will meet with LegCo Members next week. Preparatory work is in full swing, and our goal is to launch the pilot scheme in the second half of this year.

     We will finalise the details of the pilot scheme and announce it after further deliberation with the Advisory Committee. Nonetheless, I would like to share a few preliminary thoughts with you today.

     In the coming months, we will invite interested dispute resolution institution or institutions to submit proposals for the operation of the pilot scheme. We plan to appoint a suitable administering body to oversee the pilot scheme and provide institutional support for the conduct of arbitration and mediation under the pilot scheme, including compiling specific rules, recruiting and appointing mediators and arbitrators, devising fee structures, and administering the dispute resolution proceedings. In addition, to promote a wider use of lawtech and online dispute resolution, a technology provider will be engaged to provide the necessary technological infrastructure and support.

     One of the primary objectives of the pilot scheme is to facilitate local athletes and sports associations in utilising alternative dispute resolution services. By doing so, we aim to promote a more accessible and efficient means of resolving disputes, ultimately supporting the development of the sports community.

     The pilot scheme is set to run for an initial period of about three years, allowing us to test the market, gather insights, and evaluate the need for refinement, extension or regularisation. We invite all of you here with us today – many of whom are dispute resolution experts – to support and actively participate in this initiative.

     Last but not least, I would like to extend my gratitude to the Law Society of Hong Kong for organising the Sports Law Conference 2025, which provides an excellent platform for these important discussions. I am also very pleased to see various organisations hosting events and training in sports dispute resolution. Industry participation, capacity building, promotion and public education are crucial as we strive to advance the sports industry and strengthen the sports dispute resolution framework.

     May we all embrace today’s theme: “Be Just! Be a Good Sport!” And let’s take a step further: let us cultivate a culture of effective sports dispute resolution, and build a good sports community that promotes growth and excellence. Thank you.

MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Day 2 #CTDDR2025: The 9th MahaKumbh for Drug Research

Source: Government of India

Day 2 #CTDDR2025: The 9_th MahaKumbh for Drug Research

Drug Resistance, Car T Cell Therapy, Parasitic, Viral disease and Natural Product Chemistry was the main theme of the Day

Experts from different area shared their recent findings with the participants

Posted On: 21 FEB 2025 11:35AM by PIB Delhi

Today, on the second day of the 9^th “International Symposium on Current Trends in Drug Discovery Research” at CSIR-Central Drug Research Institute, Lucknow, observed important scientific deliberations by eminent scientists. Researchers and scholars presented their work through visually compelling posters, fostering discussions and knowledge exchange

Pan-drug-resistant Gram-negative isolates are major risk for life,

novel beta-lactam enhancerwould be helpful to manage the Pan-drug resistant: Sachin S. Bhagwat

In scientific session II on “Concept to point of care: Drugs pending submission/approval or recently approved,” Dr. Sachin S. Bhagwat from the Wockhardt Research Center, Aurangabad, India, delivered his talk on the discovery of a novel mechanism of action-based β-lactam + β-lactam enhancer combination, WCK 5222, with comprehensive coverage of pan-drug resistant Gram negatives. He highlighted AMR has rendered many existing antibiotics ineffective, posing a major global health crisis.The widespread prevalence of MDR, XDR, and PDR Gram-negative pathogens, including carbapenem-resistant strains, has rendered many last-line antibiotics ineffective. The ICMR data shows concerning carbapenem resistance rates: over 90% in Acinetobacter, 45% in P. aeruginosa, and 69% in Klebsiella. As a result, clinicians frequently use medications with diminished safety or unproven combinations. These infections are responsible for up to 8.85 lakh deaths annually, with an additional 9.6 lakh linked to sepsis. Further, he shared his research on the development of a novel β-lactam enhancer, Zidebactam, which, in combination with cefepime (WCK 5222), demonstrated potent activity against 35,000 global pan-drug-resistant Gram-negative isolates. He mentioned that WCK 5222 has saved over 45 lives under compassionate use and completed successful trials in severe documented meropenem-resistant infections and is expected to change the treatment paradigm for life-threatening Gram-negative infections.

Dr. Sachin S. Bhagwat speaking at the 9^th “International Symposium on Current Trends in Drug Discovery Research” #CTDDR2025 at CSIR-CDIR, Lucknow.

CAR-T cell therapy is an emerging approach for cancer care: Prof. Rahul Purwar

Prof. Rahul Purwar from the Indian Institute of Technology, Bombay, shared the journey on First “Make in India” CAR-T cell therapy: from R&D to clinic to market. Cancer is a worldwide issue and India has the second-highest cancer mortality rate. The CAR-T cell therapy is an emerging approach for cancer care. However, this technology is extremely expensive (500,000 USD/patient) and not available in India. To ensure its accessibility to all, they developed a robust, safe and affordable technology platform and validated through Phase I and Phase II clinical trials. He further noted that, CD19 CAR-T is approved by CDSCO for commercial use in October 2023, and now over 300 patients are treated across the country.

Prof. Rahul Purwar from IIT, Bombay speaking at the 9^th “International Symposium on Current Trends in Drug Discovery Research” #CTDDR2025 at CSIR-CDIR, Lucknow.

Mitochondrial translation can be targeted for new possibilities of new therapeutic development for Apicomplexan parasites borne diseases: Prof. Dominique Soldati-Favre

In her Plenary Lecture on Toxoplasma gondii Mitoribosome from highly fragmented rRNAs to a functional Machine, Prof. Dominique Soldati-Favre from the University of Geneva, Switzerland, shared her research on Toxoplasma gondii Mitoribosome. Apicomplexan parasites are responsible for severe human diseases such as malaria, toxoplasmosis, and babesiosis. She said, these parasites, in addition to small mitochondrial genome, contain fragmented mitoribosomal rRNAs, which complicates our understanding of mitoribosome assembly. Using apicoplast-less T. gondii parasites, they have identified drugs that specifically target mitochondrial translation. This approach offers exciting new possibilities for therapeutic development.

Prof. Dominique Soldati-Favre speaking at the 9^th “International Symposium on Current Trends in Drug Discovery Research” #CTDDR2025 at CSIR-CDIR, Lucknow.

HACK-indices provides a rational basis for selecting next-generation probiotics and live biotherapeutic products: Dr. Tarini Shankar Ghosh

Dr. Tarini Shankar Ghosh from The Indraprastha Institute of Information Technology, Delhi, presented the efforts to identify the Health-Associated Core-Keystones (HACK) across population groups. The availability of HACK-indices provides a rational basis for selecting next-generation probiotics and live biotherapeutic products to promote general health. Through global meta-analysis of gut microbiomes from 127 studies, his group investigated 196 taxa for their association with three hallmark properties, i.e., prevalence/community-influence in non-diseased subjects, longitudinal stability and host health and integrated them into a single measure, the HACK-index. Using this HACK-index, they presented a ranking order of microbiome taxa based on their estimated contribution to both microbiome stability and host-health.

Host-directed therapy for infectious diseases may be new hope for targeting antimicrobials: Prof. Christian Doerig

Prof. Christian Doerig from the Royal Melbourne Institute of Technology University, Australia, explained about the host-directed therapy that offers untapped targets limiting cross-resistance to existing antimicrobials and reduced susceptibility to de novo resistance. Using an antibody microarray directed against human signalling proteins, they identified potential antiviral targets as well as lead compounds. He further reported the identification of some erythrocytic kinases that are activated by infection with Plasmodium falciparum. Inhibitors targeting these kinases display high potency against parasite proliferation.

Prof. Christian Doerig speaking at the 9^th “International Symposium on Current Trends in Drug Discovery Research” #CTDDR2025 at CSIR-CDIR, Lucknow.

Single-dose liposomal amphotericin B (LAmB) as a game changer in the management of visceral leishmaniasis: Prof. Shyam Sundar

Prof. Shyam Sundar from the Banaras Hindu University, Varanasi, shared the journey of the epidemic of visceral leishmaniasis (VL), starting from its origin to elimination, in India. He emphasized single-dose liposomal amphotericin B (LAmB) as a game changer in the management of VL in India. He noted that the elimination target for VL needs to hold in 2025 to obtain the WHO certification.

The open science discovery of DNDi-6510 led to an orally bioavailable SARS-CoV2 antiviral: Dr. Peter Sjö

In Session IV today, Dr. Peter Sjö from the Drugs for Neglected Diseases Initiative (DNDi), Switzerland, shared about the need for broad-spectrum oral antivirals. He reported the results of the COVID Moonshot, a fully open-science, crowd sourced, structure-enabled drug discovery campaign targeting the SARS-CoV-2 main protease. He further discussed the lead series discovery and approaches to overcome ADMET issues which lead to the front runner preclinical candidate DNDI-6510 against SARS-CoV2.

Novel antivirals to provide immediate therapeutic options against serious viral infections is need of the day: Prof. Sudhanshu Vrati

Prof. Sudhanshu Vrati from the Regional Centre for Biotechnology (RCB), Faridabad, also mentioned the need for the novel antivirals to provide immediate therapeutic options against serious viral infections. As the new viral pathogens are constantly emerging and posing a serious threat of imminent epidemics. He presented the background to the science of antiviral development with an example of a novel antiviral against Chikungunya virus, developed in his lab.

New rapid antigen tests are being developed for dengue, zika and chikungunya: Prof. Gaurav Batra

Prof. Gaurav Batra fromthe Translational Health Science and Technology Institute (THSTI), Faridabad delivered their novel findings on the diagnostics of Arboviral infections, which include, dengue, Zika, and chikungunya. He presented the data on the development of ELISA and rapid NS1 tests with high sensitivity, serotype-independent performance, and significantly improved detection of secondary infections of dengue virus. They are also developing rapid antigen tests for Zika and chikungunya, with the goal of integrating them into a multiplex diagnostic platform. These advanced diagnostics could enhance clinical trial design, patient selection, and treatment evaluation, ultimately contributing to more effective therapeutic strategies and public health responses.

The V Parallel Session of #CTDDR2025 was dedicated on Natural product chemistry for novel drugs.

Prof. Inder Pal Singh from NIPER, SAS Nagar, shared his research on development of wound healing and anti-inflammatory formulations from Seabuckthorn plant Hippophae rhamnoides L. They developed a cost effective method for plant extraction leading to isolation of Seabuckthorn fruit oil (IPHRFH) which showed good wound healing activity and was developed into Cream and Gel formulation.

Dr. Chandra Kant Katiyar from Emami Ltd, Gurgaon, shared his thoughts on new drug discovery from medicinal plants: Issues, challenges and way forward. His talk shared insights into the multifaceted approaches to developing plant-based drugs, covering forward pharmacology, where compounds are screened for biological activity, and reverse pharmacology, which builds on traditional knowledge to validate therapeutic claims. He emphasized that, by integrating traditional knowledge with technology guided by regulations, medicinal plants can continue to be a cornerstone in addressing unmet medical needs globally.

Dr. Ashutosh Pandey from the National Institute of Plant Genome Research (NIPGR), New Delhi, delivered a talk on “Engineering crops for value addition of health-beneficial natural products: From fundamentals to applications”. He presented insights into how plant metabolites regulate, interact with cellular signalling pathways, and modulate gene expression. Additionally, he discussed the regulatory roles of transcriptional factors and their interplay in fine-tuning flavonoid biosynthesis in agriculturally important crops like chickpea and banana. This knowledge can be leveraged for genetic manipulation to enhance the nutritional value of crops.

In the Flash Talks & Poster Session Young Investigators presented their novel findings

In the flash talk session, selected students and young faculty from different scientific fields, related to drug development, delivered their novel findings. In the Poster session today more than 180 posters were presented by the young investigators.

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NKR/PSM

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MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Remarks by the Prime Minister, Honourable Fiame Naomi Mata’afa on the occasion of the 185th Waitangi Day Reception hosted by the New Zealand High Commissioner, H.E Si’alei Van Toor

Source: Government of Western Samoa

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(Friday, 7 February 2025 at 6.30 – 9.00pm,Taumeasina Island Resort)

Reverend Siaosi Salesulu

Lau Afioga, Tuimalealiifano Vaaletoa Sualauvi II and Masiofo

Members of the Council of Deputies

Ministers of Cabinet,

Chief Justice and Members of the Judiciary,

Speaker of the Legislative Assembly

Leader of the Opposition

Members of Parliament,

High Commissioner of New Zealand, Your Excellency, Si’alei Van Toor

Members of the Diplomatic Corps,

Distinguished Guests gathered here tonight,

Talofa lava and Good evening to you all.

It is a pleasure for me to join you all at the reception this evening to celebrate the 185th anniversary of the signing of New Zealand’s founding document, “Te Tiriti o Waitangi” the “Treaty of Waitangi”. On behalf of the Government and People of Samoa I convey through you, Excellency Si’alei Van Toor our warm congratulations and felicitations to the Government and the People of Aotearoa New Zealand on the celebration of your national day.

This evening, we join in the celebration of the commemoration of Waitangi Day around New Zealand and other parts of the world in remembrance of the signing of the treaty. The occasion is an important marker in your country’s history and I understand that numerous events are held around the world and nationally to reflect the significance of the Treaty to national unity and the richness of New Zealand’s history and culture. I am told that the Kapa Haka Performers from Tauranga, the “Te Paringa Tai” are here and will perform for us this evening. Earlier on in the day, Te Paringa Tai had treated the Samoan public to another spectacular performance of songs and dances at the Matagialalua Friendship Park showcasing a bit of Aotearoa’s rich heritage and culture.

This occasion is an opportunity to reflect on how far we have come in our partnerships towards the achievement of common goals, for people, peace and prosperity. Have they remained relevant and mutually beneficial?

Samoa and New Zealand continue to enjoy a warm and close friendship underpinned by the foundation of our shared history and a unique “Treaty of Friendship”. There have been exchanges of high-level visits of Heads of State and Government, ministers and parliamentarians reflecting the prominence both countries accord to strengthening people-to-people links. The exchange of high-level visits signifies the maturity of our relations and the mutual respect we hold in high regard for each other. It is not unusual for us to ask ourselves how far the uniqueness of our Treaty of Friendship can go; particularly as we crave for facilitative short-term travel to visit families or explore business opportunities.

Last October, we hosted leaders of the Commonwealth including New Zealand’s Prime Minister and Minister for Foreign Affairs. We take this opportunity to again express the sincere appreciation of the Government of Samoa and its people to the Government of New Zealand and its people and Samoa’s other key partners, for the generous support and assistance provided, ensuring that Samoa and the Pacific successfully hosted the first meeting of Commonwealth leaders in our Blue Pacific region. A mammoth undertaking it was, but made possible through the generosity and magnanimity of our development partners including New Zealand and the commitment and dedication of many people. What we did not have the resources for, was provided, the capacity gaps were filled even if temporarily and the readiness to support was assured. The high standard and quality of the services provided left a legacy of Samoa’s enhanced ranking and capability to deliver high-quality logistical support for future international meetings.

The close relations between our two countries is reaffirmed by the 2024 Statement of Partnership – O le Fogavaa e Tasi which identifies the priority areas of cooperation including partnerships, security, empowering communities, building climate resilience and inspiring growth which are in alignment with Samoa’s aspirations and priorities as outlined in the “Pathway for the Development of Samoa.” We also acknowledge with gratitude the confidence of the Government of New Zealand in the use of country systems reflected in the extension of budget support under the Joint Policy Action Matrix involving our other development partners as well.

Samoa appreciates the continued commitment of the Government of New Zealand to diligently carry out the Operation Resolution for the HMNZS Manawanui working in tandem with the Samoan authorities and other development partners for the removal of fuel and pollutants from the site. Like our Pacific neighbours, the coastal and marine environment are significant for the sustenance of our local communities and we will continue to work in partnership with the Government of New Zealand and our other development partners to ensure the success of this Operation.

Excellency,

We look forward to the continuation of the excellent bilateral relations and partnership between Samoa and New Zealand for the benefit of our two countries and our peoples.

To conclude, Excellencies, Ladies and Gentlemen, I respectfully invite you all to join me in proposing a toast:

“To the unity and prosperity of the Government and the People of New Zealand. Happy Waitangi Day!”

SOIFUA

Photo by the Government of Samoa (Leaosa Faaifo Faaifo)

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February 21, 2025

MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Toddler and paediatric formulation of JN.1 COVID-19 vaccines to be provided end of month

Source: Hong Kong Government special administrative region

The Centre for Health Protection (CHP) of the Department of Health (DH) announced today (February 20) that starting from February 25, the JN.1 vaccine will be provided to infants and children aged 6 months to 11 years, replacing the XBB mRNA vaccine (XBB vaccine) currently in use. The CHP also urges those who have not received the initial dose of the COVID-19 vaccine (including infants and children) to get vaccinated as soon as possible. Those at high risk (particularly the elderly and persons with underlying comorbidities) should receive a booster dose as soon as possible for effective prevention against COVID-19.

Vaccine supply
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     Given that the predominant strains circulating in Hong Kong are JN.1 and its descendant lineages, the World Health Organization (WHO), and the Scientific Committee on Vaccine Preventable Diseases and the Scientific Committee on Emerging and Zoonotic Diseases under the CHP have recommended the use of JN.1 lineage COVID-19 vaccines earlier.

     In light of the above, the Government has been offering the JN.1 vaccine to persons aged 12 years or above under the COVID-19 Vaccination Programme since November 19 last year and has actively procured the toddler and paediatric JN.1 formulation for infants and children aged 6 months to 11 years.
     â€‹
     About 6 000 doses of Comirnaty JN.1 toddler and paediatric formulation (around 3 000 doses each) have recently arrived in Hong Kong. After stringent checks and inspections to ensure that the vaccine complies with product specifications and relevant cold-chain standards, Government staff have properly stored the vaccines in validated ultra-low temperature freezers at the temperature specified by the drug manufacturer. The Government will, taking into account future vaccine demand, procure COVID-19 vaccines from suppliers in a timely manner.

Booking and vaccination arrangements
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     Under the Government COVID-19 Vaccination Programme, persons aged 6 months or above can receive free initial dose(s). High-risk priority groups can receive booster doses for free at least six months after the last dose or COVID-19 infection (whichever is later), regardless of the number of doses received previously.

     â€‹High-risk priority groups include:

older adults aged 50 or above, including those living in residential care homes;
persons aged 18 to 49 years with underlying comorbidities;
persons with immunocompromising conditions aged 6 months and above;
pregnant women; and
healthcare workers.

     Eligible persons may schedule a COVID-19 vaccine appointment via the COVID-19 Vaccination Programme booking system. Infants and children aged 6 months to 11 years who schedule COVID-19 vaccine appointments on or after February 25 will receive the JN.1 vaccine. Infants and children may receive the COVID-19 vaccine at Hong Kong Children’s Hospital, designated Maternal and Child Health Centres, designated Student Health Service Centres under the DH and designated Private Clinic COVID-19 Community Vaccination Stations. For details of vaccination venues, please refer to the webpage. As mentioned above, the Government has been offering the JN.1 vaccine to persons aged 12 years or above participating in the COVID-19 Vaccination Programme since November 19 last year.

     As persons who contract influenza and COVID-19 at the same time would be at a higher risk of severe complications and death, the CHP strongly recommends that high-risk individuals receive seasonal influenza vaccination (SIV) and COVID-19 vaccination booster to reduce risks of serious illness and death. The WHO has also pointed out that high-risk persons should receive booster doses at appropriate times to lower risks of serious illness and death.

     For citizens who have not yet received SIV while receiving a COVID-19 vaccine, they can check with vaccination venues for arrangements for influenza vaccination. According to scientific evidence, COVID-19 vaccines and seasonal influenza vaccines can be administered at the same time to provide dual protection.

     Members of the public may visit the CHP’s COVID-19 Vaccination Programme and seasonal influenza webpage for more details.

MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: BCP clearance services, transportation and other arrangements for 15th National Games athletics (marathon) test event

Source: Hong Kong Government special administrative region

BCP clearance services, transportation and other arrangements for 15th National Games athletics (marathon) test event
BCP clearance services, transportation and other arrangements for 15th National Games athletics (marathon) test event
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The 2025 Shenzhen-Hong Kong marathon and the 15th National Games (NG) athletics (marathon) test event will be held on Sunday (February 23). The entire track is 42.195 kilometres long, of which the section in Hong Kong is 21.841km. Setting off from the Shenzhen Bay Sports Center, the races will enter Hong Kong via the Shenzhen Bay Port, run along the Shenzhen Bay Bridge and Kong Sham Western Highway Viaduct, then turn back to the Shenzhen Bay Port through the same route, and finally end at the Shenzhen Bay Sports Center. The event comprises men’s and women’s races, with the women’s group to depart at 7am and the other to set off at 7.30am. The athletes will enter the Hong Kong section upon completion of approximately 2km of the race route. Both groups are expected to spend around two hours in the Hong Kong section. To facilitate the smooth running of the race, clearance services of the Shenzhen Bay Port (including all passenger and cargo clearance services) will be suspended during part of the morning on the event day, while temporary control measures will be implemented on the Shenzhen Bay Bridge and other related roads that day. Members of the public and travellers should pay attention to the following key points: Arrival and departure clearance services at the Shenzhen Bay Port will be suspended from 2am to 11am on the event day, and passengers and vehicles will be prohibited from entering the port. In the meantime, temporary control measures will be implemented on Shenzhen Bay Bridge, Kong Sham Western Highway and Ha Tsuen Interchange. During the temporary control period, Shenzhen Bay Bridge, Kong Sham Western Highway and Ha Tsuen Interchange will be closed to all vehicular traffic from eastbound and westbound of Yuen Long Highway and Ha Tsuen Road. Cross-boundary vehicles (including good vehicles, passenger vehicles and private cars) with valid closed road permits for the Shenzhen Bay Port may choose to use the Lok Ma Chau, Heung Yuen Wai and Man Kam To boundary control points (BCP) according to the operating hours of the relevant control points on the event day. The above special arrangement will cease upon the reopening of the Shenzhen Bay Port. Cross-boundary coach services running between Hong Kong and the Mainland via the Shenzhen Bay Port as well as local public transport services serving the Shenzhen Bay Port, including franchised buses, green minibuses (GMB), urban and New Territories taxis, will be suspended during the implementation of the temporary control at the Shenzhen Bay Port on the day of event. The bus companies and GMB operators will display notices at termini and en-route stops of the affected routes to inform affected passengers. Travellers should choose other control points to Shenzhen. During the suspension of the Shenzhen Bay Port departure service, the Transport Department (TD) expects that the roads leading to the Lok Ma Chau Spur Line Station Public Transport Interchange, Lok Ma Chau/Huanggang, Man Kam To and Heung Yuen Wai BCPs, including San Tin Interchange, San Sham Road and Lok Ma Chau Road, will be busy with traffic. The full clearance services at the Shenzhen Bay Port are expected to resume at around 11am that day, by then traffic will be expected to be relatively busy. Therefore, the TD appeals to travellers and drivers who plan to use all BCPs concerned on that day to plan their trips in advance. Cross-boundary private cars and other drivers are also advised to avoid driving to the above districts during the relevant hours unless necessary. Depending on the prevailing traffic conditions in the different areas, the Police will deploy appropriate manpower and implement corresponding crowd management measures or special traffic arrangements at the affected control points and relevant road sections. For details of the special traffic and transport arrangements for the test event, please refer to the Transport Department Notice (www.td.gov.hk/en/traffic_notices/index_id_79334.html) and the Police’s press release on the special traffic arrangements for the test event (www.info.gov.hk/gia/general/202502/13/P2025021300398.htm). The National Games Coordination Office (Hong Kong) (NGCO) has liaised with relevant government departments and organisations to disseminate information of the relevant BCP clearance services and transportation arrangements to be implemented for the event to the public, travellers and stakeholders through various channels. The TD will liaise with public transport operators to suitably adjust the services to cater for passenger demand, and issue transport departmental notice of the traffic and transport arrangements for the test event and appeal for cross-boundary and local travellers and members of the public via various channels to take heed of arrangements for various public transport travelling to and from the Shenzhen Bay Port and plan their journeys early, including the HKeMobility mobile application, variable messages signs at strategic roads and tunnels, public announcement at MTR stations, Agent T Facebook page (www.facebook.com/AgentT.hk) as well as the social media platform of the Guangdong-Hong Kong-Macao Greater Bay Area Development Office and the Hong Kong Economic and Trade Office in Guangdong of the Government of the Hong Kong Special Administrative Region. The Marine Department has liaised with cross-boundary ferry operators, with a view to working out manpower and sailing schedule arrangements for ferry services to and from Shekou, Shenzhen, in advance. The Home Affairs Department has disseminated the relevant message through the district network (including District Councils, Area Committees and District Committees, Youth Committees, as well as District Services and Community Care Teams). On the day of the test event, the Care Teams will deploy staff to inspect the districts of Tuen Mun and Yuen Long, and provide appropriate assistance to members of the public in need (e.g. responding to enquiries). Hong Kong Customs has informed the transport trades of the traffic arrangements on that day and to use other land BCPs as far as possible for entry and exit. Customs has also posted notices at the clearance facilities of the Hong Kong Port and informed the public through its website (www.customs.gov.hk/en/home/index.html) and social media platform. The Immigration Department (ImmD) will update the situation of the control points in real time through its mobile application on the event day. Travellers are advised to check the waiting time situation of the Shenzhen Bay Control Point and other land BCPs through the ImmD’s mobile application before travelling to make better planning for their itinerary and minimise waiting time. The Police will also remind the public of the temporary traffic control arrangements through its social media platform (www.facebook.com/HongKongPoliceForce). The Tourism Commission (TC) has informed the hotel sector through their trade associations to remind their guests of the special transportation arrangements. The TC has also informed licensed travel agents through the Travel Industry Authority and the Travel Industry Council of Hong Kong to avoid bringing tour groups across the Shenzhen Bay Bridge on the event day. The Hong Kong Tourism Board has also notified its trade partners and disseminated the relevant information on its website (www.discoverhongkong.com/eng/index.html) to facilitate visitors’ itinerary planning. Shenzhen will broadcast the event online, while Hong Kong has also arranged for live webcast by Radio Television Hong Kong (RTHK) (RTHK weblink: www.rthk.hk/nationalgames and RTHK YouTube channel: www.youtube.com/RTHK). A spokesperson for the NGCO said as the NG is the country’s highest-level event, this marathon test event has to meet stringent requirements in terms of the selection of race course and the organisational arrangements to ensure the safety of athletes. Relevant departments will work together to facilitate the special traffic and transportation arrangements to minimise the impact on the public and travellers who usually use the Shenzhen Bay Port. The spokesperson thanked members of the public and travellers for their understanding, as well as the contributions of various organisations and departments to implementing the relevant arrangements.

Ends/Friday, February 21, 2025Issued at HKT 12:00

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MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Applications for Bun Scrambling Competition in Cheung Chau to close next Friday

Source: Hong Kong Government special administrative region

Applications for Bun Scrambling Competition in Cheung Chau to close next Friday
Applications for Bun Scrambling Competition in Cheung Chau to close next Friday
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The e-ballot application period for joining the Bun Scrambling Competition, which is the finale of the 2025 Bun Carnival at Cheung Chau, will end next Friday (February 28). Physically fit climbers aged 18 or above who are interested in the competition should apply now. The final selection exercise, to be held on April 13, will consist of two rounds. Twenty-four contestants recording the shortest time in the preliminary round (including no fewer than six female participants) will be eligible to enter the semi-final on the same day to compete for 12 finalist places (including no fewer than three female participants). The 12 finalists will enter the Bun Scrambling Final to be held from 11.30pm on May 5 to 12.45am on May 6. Trophies will be awarded to the champion as well as the first and second runners-up in the men’s division, and to the champion in the women’s division. The contestant who bags the highest number of buns within the time limit will be the prize winner of “Full Pockets of Lucky Buns”. To acknowledge the outstanding achievements of the winners and enhance the appeal of the event, any male or female athlete who has been the champion for three times in the Bun Scrambling Competition since 2016 will be the “King of Kings” or the “Queen of Queens” of the competition and be awarded a trophy. Persons interested in participating in the competition should complete SmartPLAY user registration and identity authentication, and submit their electronic ballot applications via the SmartPLAY website (www.smartplay.lcsd.gov.hk/home), the mobile app (My SmartPLAY) or Smart Self-service Stations on or before February 28. To register as SmartPLAY users, please refer to the link (www.smartplay.lcsd.gov.hk/website/en/user-registration/how-to-register.html). The maximum number of entrants for the Bun Scrambling Competition is 200. All places will be allocated by ballot via SmartPLAY. Applicants who live, work or study at Cheung Chau will be accorded priority in the ballot. All selected applicants are required to complete the safety training sessions on bun tower climbing and prevention of falls on April 6 to be eligible for the competition. Details are provided in the prospectus available at the SmartPLAY website, the mobile app (My SmartPLAY) and the 2025 Bun Carnival dedicated website (www.lcsd.gov.hk/en/bun/index.html). The 2025 Bun Carnival is jointly organised by the Hong Kong Cheung Chau Bun Festival Committee and the Leisure and Cultural Services Department (LCSD). Besides the Bun Scrambling Competition, the Bun Tower Climbing Team Relay will be held on the morning of April 27. Local tertiary institutions, Government Departments, public utilities and commercial and industrial organisations will be invited to take part in the relay. Members of the public are welcome to watch the game on-site and cheer for the contestants. At the Climbing Carnival to be held in the afternoon on the same day, there will be a bun tower climbing fun day, game stalls, handicrafts making and variety shows. A Wishing Bun Tower will also be set up and the winning entries of the Student Drawing Competitions will be displayed. Members of the public are welcome to attend the carnival. For enquiries, please contact the Islands District Leisure Services Office of the LCSD at 2852 3220, or visit the 2025 Bun Carnival dedicated website.

Ends/Friday, February 21, 2025Issued at HKT 12:00

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MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Speech by SCST at Sports Law Conference (English only)

Source: Hong Kong Government special administrative region

     Following is the speech by the Secretary for Culture, Sports and Tourism, Miss Rosanna Law, at the Sports Law Conference today (February 21):

President Roden Tong (President of the Law Society of Hong Kong), Mrs Regina Ip (Convenor of the Non-official Members of the Executive Council and Member of Legislative Council), Vivian, gold medal winner of Paris 2024 Olympic Games (Ms Vivian Kong), distinguished guests, ladies and gentlemen,

     Good morning. It is my great honour to address you at today’s Sports Law Conference. First of all, I would like to thank the Law Society of Hong Kong for organising the first mega conference on sports law in Hong Kong.

     Today, we gather here to discuss and explore the enormous opportunities that the sports industry may present to both the legal profession and the business community in Hong Kong. I am glad that we have such a big and distinguished group of speakers from the business sector, legal practitioners, and sports professionals, both local and from abroad, to share with us their valuable insights on various aspects of sports.

     Hong Kong has always been a city that is passionate about sports. Sports not only promote physical health and well-being but also foster social cohesion. The Government is committed to developing sports in the community, nurturing sports talent, hosting mega sports events, promoting professionalism and developing sports as an industry. Our commitment is evident in the increasing resources that we have devoted to this policy area. In 2024-25, we are spending about $7.9 billion, which is double of the annual spending of $3.9 billion 10 years ago.

     Our efforts in sports development have borne fruit as we take pride in our athletes’ achievements on the global stage. Last summer, Hong Kong athletes achieved remarkable results by capturing two gold and two bronze medals in fencing and swimming at the Paris Olympic Games, attaining the best results in the history of Hong Kong, China thus far. Vivian Kong is here with us today and deserves a big round of applause from us. Our para-athletes also won three gold, four silver, and one bronze medal at the Paralympic Games, setting our best results since 2012.

     Earlier this month, I attended with the Chief Executive of Hong Kong the Asian Winter Games at Harbin. I am still overwhelmed by the achievements of our Hong Kong, China team, which made a lot of breakthroughs. Participating in curling and alpine skiing at the Games for the first time, our men’s curling team historically made the fourth, and an alpine skier achieved a record 10th place out of a total of 58 participants. The men’s ice hockey team also reached the quarterfinals stage for the first time. Although our athletes could not make it to the podium just as yet, I am sure all of us in this room are proud of their success and in particular the sportsmanship, professionalism and sports ethics demonstrated.

     As we celebrate our athletes’ achievements, it is important to recognise that their success represents more than just their talents. It reflects also the values that sports can bring to our community. These values go beyond medals, records and scores and can bring a positive impact to the society of Hong Kong. Now, let’s take a look at how sports can unlock important values for the Hong Kong community.

     First of all, perseverance is the key in the sports world. Our athletes encounter challenges, including injuries, defeats, and intense competitions throughout their career. Only through years of perseverance could they finally reach the international sporting arena. Vivian will agree with me that many of our athletes had to cope with recurring injuries while they gave it their all in the Paris Olympic Games. Having gone through these hardships, our athletes deserve fully our cheers and appreciation. Their perseverance has become an inspiration to many, and the athletes are setting an important role model, encouraging our youths not to give up in the face of obstacles. This is the spirit that empowers us and makes our society more resilient.

     Secondly, we promote friendship through sports. Sports serve as a powerful medium for building friendship that transcends cultural, ethnical and geographical barriers. It is through sports that people from around the world come together to promote mutual respect, inclusivity and friendship.

     It is also through sports that we take pride in our country and foster a stronger sense of national identity and belonging. As our national athletes continue to excel on the international stage, more and more people in Hong Kong are rooting for them and sharing in their joy of achievements as they bring triumph to the entire nation. We were particularly excited about the Mainland Olympians’ visit to Hong Kong after the Paris Olympic Games, where we had the invaluable opportunity to appreciate their sporting skills up close. As the public celebrated our country’s achievements together, our national identity and sense of belonging to our country are fortified.

     Another important value that we recognise is the commercial opportunities that the sports industry presents. Investments in sports infrastructure, sponsorships, and merchandising contribute to the job creation and business development of Hong Kong. As we promote sports events and activities, we can attract local and international brands, fostering partnerships that add impetus to our economy.

     To encourage the commercialisation of sports events, the Government provides matching funds under the “M” Mark System to provide incentives for event organisers to seek sponsorship from commercial organisations. By making the best use of market resources, we believe that the quality of events can be further enhanced, which will help attract more commercial players to the sports ecosystem. This is also conducive to the sustainable development of the sports industry in the long run.

     Sports broadcasting is another important aspect in commercialising the sports industry. Given the rise of digital media, the broadcasting right of sports events has become even more valuable. The broadcasting of sports events does not only generate revenue and sponsorships but also increases the visibility of our athletes and the sports themselves. The Government’s purchase of the broadcasting right of the Paris Olympic Games and Paralympic Games last year enabled members of the public to enjoy the games on television free of charge and to cheer for the athletes. This undoubtedly has helped generate greater interest in sports in the community.

     Meanwhile, sports have played an increasingly important role in driving tourism in Hong Kong. Major sports events, such as the Hong Kong Rugby Sevens hosted every year, attract hundreds of thousands of visitors from around the world, showcasing our city’s culture, hospitality, and vibrant spirit. By positioning Hong Kong as a centre for major international sports events, we strive to bring in high-level, high-profile sports competitions and support the invitation of star athletes to Hong Kong, which in turn promotes tourism by attracting families, event personnel and officials, as well as spectators from outside Hong Kong to participate in major sports events.

     I am sure that, like me, you are all looking forward to the formal opening of Kai Tak Sports Park, KTSP, on the 1st of March, that is, just a week away. And in fact, I just did two phone interviews about Kai Tak Sports Park this morning, on top of the one I gave yesterday. That is why I came a little bit late; I am very sorry about that. As Hong Kong’s largest sports infrastructure ever, KTSP will fully unleash the strengths and potential of Hong Kong in hosting high-profile mega sports events and entertainment programmes. Hong Kong sports teams will also have ample opportunities to compete at home turf. Additionally, KTSP will help develop peripheral products, including merchandise sales, venue management, refereeing, training, event co-ordination, etc. We will surely capitalise on the world-class facilities in KTSP in driving the sports development of Hong Kong.

     We recognise the importance of fostering sports exchanges and collaborations with the Mainland. This year, in November, Hong Kong will cohost the 15th National Games, and the 12th National Games for Persons with Disabilities and the 9th National Special Olympic Games jointly with Guangdong Province and the Macao SAR (Special Administrative Region). Apart from attracting audiences from the Mainland and overseas to Hong Kong, the National Games series of events will allow Hong Kong citizens to participate in and support our team as home spectators. The preparation work of the Games is now in full swing. We will continue to leverage the opportunities to organise more sports exchanges with our Mainland counterparts.

     Sports are certainly an exciting area in Hong Kong full of different potential. As the sports industry continues to grow, there is a need to develop a robust legal system that supports fair play and resolves conflicts effectively, thereby promoting professionalism and accountability within the sector. The Chief Executive announced in 2024 Policy Address that the Government would support the industry to launch a pilot scheme on sports dispute resolution in Hong Kong. The availability of a sports dispute resolution mechanism would help preserve the integrity of sports and maintain a sustainable sporting environment. It is also essential to the advancement of sports development in Hong Kong, where a delay in handling of conflict may have a drastic impact on an athlete’s career. My bureau fully supports this initiative, and we look forward to your support and contribution to the pilot scheme.

     Ladies and gentlemen, sports have the potential to unlock a wide range of different values that enrich our community and contribute to the growth of Hong Kong. The potential for sports development is truly immense. My team will continue to work with the sports, legal and business sectors to ensure that the sports industry thrives. I am confident that through sports, we can build a stronger, healthier, and more united Hong Kong.

     Before I close, I would once again like to extend my heartfelt gratitude to Roden and the Law Society of Hong Kong for organising this conference, and all speakers for sharing your insights, which are essential for creating a brighter future for the sports industry.

     I wish the conference a big success and your experience here truly rewarding. Thank you.

MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: New York ETO celebrates Year of Snake with Georgia (with photos)

Source: Hong Kong Government special administrative region

New York ETO celebrates Year of Snake with Georgia (with photos)
New York ETO celebrates Year of Snake with Georgia (with photos)
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The Hong Kong Economic and Trade Office in New York (New York ETO) celebrated the Year of the Snake with Atlanta, Georgia, at the Hong Kong Spring Reception on February 19 (Atlanta time). In her welcome remarks, the Director of New York ETO, Ms Maisie Ho, emphasised the strong ties between Hong Kong and Atlanta and the state of Georgia. “Last year, total exports from Georgia to Hong Kong reached US$980 million, a 14.5 per cent year-on-year increase. This makes Georgia the fifth largest exporter to Hong Kong among all 50 US states in 2024,” she said. Ms Ho also highlighted Hong Kong’s resilience in navigating global uncertainties, noting that the city’s GDP growth of 2.5 per cent last year is a testament to its ability to maintain stability and leverage its strategic position as a gateway between East and West. “Looking ahead, we remain committed to enhancing our existing strengths, including our competitiveness as an international financial centre,” she added. “We are also exploring and investing in emerging sectors, such as fintech, biotech, and green energy. These sectors are not only reshaping our economic landscape but also paving the way for sustainable growth and innovation.” Some 200 guests from Atlanta’s academic, business, diplomatic, finance, and political sectors, as well as students from Hong Kong, attended the annual event cohosted by New York ETO and the Hong Kong Association of Atlanta. Ms Ho encouraged them to visit Hong Kong and experience first-hand the city’s vibrant offerings – from delectable culinary delights and iconic skyline to its breathtaking natural scenery and the dynamic arts and cultural scene, which seamlessly blend East and West. To further showcase Hong Kong’s vibrant culture and culinary flair, the event featured two inflatable installations designed by popular Hong Kong creative brand Chocolate Rain, as well as two Hong Kong-themed cocktails.

Ends/Friday, February 21, 2025Issued at HKT 11:30

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MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Applications selected for 53rd personalised vehicle registration marks exercise

Source: Hong Kong Government special administrative region

Applications selected for 53rd personalised vehicle registration marks exercise
Applications selected for 53rd personalised vehicle registration marks exercise
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　　The Transport Department (TD) announced today (February 21) that the application numbers of the 1 500 personalised vehicle registration mark (PVRM) applications selected by lot for the 53rd exercise have been published on its website (www.td.gov.hk/en/public_services/vehicle_registration_mark/pvrm_application/index.html) and posted on the notice boards of the TD’s licensing offices. 　　”The applicants have already been sent an acknowledgement of receipt bearing an application number. They may check the list to see whether their applications have been selected. Applicants will also be notified of the ballot results by post in batches,” a department spokesman said. 　　The department will later check the proposed PVRMs selected against the basic combination requirements. If, among the selected applications, more than one applicant proposes the same PVRM, only the one on which the lot falls first out of those applications will be further processed. 　　If the selected PVRMs meet the basic requirements, the department will send notices by registered mail to the applicants in batches, requiring them to pay a deposit of $5,000 within the period specified in the notice. If an applicant fails to pay the deposit within that period, his or her application will be cancelled automatically and will not be further processed. 　　Upon receipt of the deposit, the Commissioner for Transport will determine, with the assistance of a vetting committee, whether an application should be approved or rejected. PVRMs approved in the 53rd exercise will be put up for auction in batches. Auction details will be published in newspapers and on the TD’s website in due course. 　　For enquiries, applicants can call the TD Hotline at 2804 2600.

Ends/Friday, February 21, 2025Issued at HKT 11:05

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MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: United Nations Sanctions (Central African Republic) Regulation 2020 (Amendment) Regulation 2025 gazetted

Source: Hong Kong Government special administrative region

     â€‹The Government today (February 21) gazetted the United Nations Sanctions (Central African Republic) Regulation 2020 (Amendment) Regulation 2025 (the Amendment Regulation), which came into operation today.

     “The Amendment Regulation amends the United Nations Sanctions (Central African Republic) Regulation 2020 to give effect to certain decisions relating to sanctions in the United Nations Security Council (UNSC) Resolution 2745 in respect of the Central African Republic,” a Government spokesman said.

     The amendments renew the travel ban and financial sanctions, and amend the time-limited arms-related sanctions measures.

     The Hong Kong Special Administrative Region Government has all along been implementing fully the sanctions imposed by the UNSC. The Amendment Regulation aims to give effect to the instructions by the Ministry of Foreign Affairs for fulfilling the international obligations of the People’s Republic of China as a Member State of the United Nations.

MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Gazettal of legal notices for onboarding of Mandatory Provident Fund schemes to eMPF Platform

Source: Hong Kong Government special administrative region

Gazettal of legal notices for onboarding of Mandatory Provident Fund schemes to eMPF Platform
Gazettal of legal notices for onboarding of Mandatory Provident Fund schemes to eMPF Platform
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To prepare for the onboarding of Mandatory Provident Fund (MPF) schemes to the eMPF Platform, the Government published in the Gazette today (February 21) the following legal notices: (i) the Mandatory Provident Fund Schemes (Specification of Dates for Purposes of Section 19M(2)(a)) (Amendment) Notice 2025 (Mandatory Use (Amendment) Notice 2025); and (ii) the Mandatory Provident Fund Schemes (Appointment of Dates for Purposes of Section 19U(4)) (Amendment) Notice 2025, the Mandatory Provident Fund Schemes (Appointment of Dates for Purposes of Section 19Y(3)) (Amendment) Notice 2025, and the Mandatory Provident Fund Schemes (Appointment of Dates for Purposes of Section 19Z(4)) (Amendment) Notice 2025 (collectively Fee Control (Amendment) Notices 2025). The Mandatory Use (Amendment) Notice 2025 specifies May 7, 2025, as “material day” for Principal MPF – Simple Plan, Principal MPF – Smart Plan, and Principal MPF Scheme Series 800 administered by Principal Trust Company (Asia) Limited (Principal), such that Principal is mandated to use the eMPF Platform to perform scheme administration functions in relation to these MPF schemes. On cost savings and fee-setting of MPF schemes to be charged by MPF trustees on scheme members, the Fee Control (Amendment) Notices 2025 appoint August 7, 2025, as “material day” for the constituent funds of Principal MPF – Simple Plan, Principal MPF – Smart Plan, and Principal MPF Scheme Series 800, such that Principal is mandated to make corresponding reduction in its fees charged on scheme members in relation to the constituent funds of these MPF schemes. Relevant legal notices for the remaining MPF schemes will be published in the Gazette when the respective onboarding dates are ascertained having regard to the onboarding preparation status of the MPF trustees concerned. If scheme members/employers have any question regarding the detailed operation of the eMPF Platform, they may visit the Platform’s official website (empf.org.hk), or call the Platform’s customer service hotline (183 2622). Scheme members/employers may also visit the three eMPF service centres located on Hong Kong Island and in Kowloon and the New Territories. The aforementioned legal notices will be tabled at the Legislative Council for negative vetting on February 26, 2025.

Ends/Friday, February 21, 2025Issued at HKT 11:00

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MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Property owner fined and given suspended jail sentence for persistently not complying with removal order

Source: Hong Kong Government special administrative region

Property owner fined and given suspended jail sentence for persistently not complying with removal order
Property owner fined and given suspended jail sentence for persistently not complying with removal order
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A property owner was fined over $8,000 and sentenced to four months’ imprisonment suspended for 12 months upon conviction at the Fanling Magistrates’ Courts earlier this month for persistently failing to comply with a removal order issued under the Buildings Ordinance (BO) (Cap 123). The case involved an unauthorised structure with an area of about 28 square metres on the roof of a factory building at Ka Fu Close, Sheung Shui. As the unauthorised building works (UBWs) were carried out without prior approval and consent from the Buildings Department (BD), a removal order was served on the owner under section 24(1) of the BO. Failing to comply with the removal order, the owner was prosecuted by the BD in 2020 and was fined $6,040 upon conviction by the court. As the owner persisted in not complying with the removal order, the BD instigated prosecution again in 2024. The owner subsequently completed the removal of the UBWs, and was convicted and fined $8,305 and sentenced to four months’ imprisonment suspended for 12 months at the Fanling Magistrates’ Courts on February 4. A spokesman for the BD said today (February 21), “UBWs may lead to serious consequences. Owners must comply with removal orders without delay. The BD will continue to take enforcement action against owners who have failed to comply with removal orders, including instigation of prosecution, to ensure building safety.” Failing to comply with a removal order without reasonable excuse is a serious offence under the BO. The maximum penalty upon conviction is a fine of $200,000 and one year’s imprisonment, and a further fine of $20,000 for each day that the offence continues.

Ends/Friday, February 21, 2025Issued at HKT 11:00

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MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Minimum Wage Commission appointments announced

Source: Hong Kong Government special administrative region

The Government announced today (February 21) the appointments to the Minimum Wage Commission (MWC) for a two-year term with effect from March 1, 2025, pursuant to section 11(3) of the Minimum Wage Ordinance (Cap. 608) (MWO). The appointments were gazetted on the same day.

The Chief Executive (CE) has reappointed Ms Priscilla Wong Pui-sze as the chairperson of the MWC and appointed its 12 members from the labour sector, the business sector, academia and the Government. The chairperson and the nine non-official members are appointed on an ad personam basis.

Among the non-official members, the three reappointed serving members are Professor Joyce Ma Lai-chong, Ms Ng Wai-yee and Professor Tang Hei-wai, while the six new members are Mr Calvin Chan Ka-wai, Mr Allen Cheng Siu-kai, Professor Fong Yuk-fai, Mr Wilson Kwong Wing-tsuen, Mr Lam Chi-ting and Dr Ricky Szeto Wing-fu.

The Secretary for Labour and Welfare, Mr Chris Sun, welcomed the appointments. He said, “The MWC assumes the important mission of reviewing and recommending the Statutory Minimum Wage (SMW) rate. The MWC for the new term, under Ms Wong’s leadership, will assist the Government in implementing the new annual review mechanism for the SMW. I am confident that with the wealth of knowledge and abundant experience in various fields possessed by the chairperson and members of the MWC, it will continue to discharge its statutory function effectively.”

Mr Sun also thanked the six outgoing members, Mr Chan Wing-on, Mr Lau Chin-shek, Ms Juan Leung Chung-yan, Dr Billy Mak Sui-choi, Dr Malina Ngai Man-lin and Mrs Katherine Ngan Ng Yu-ying, for their excellent support and sterling contributions to the MWC.

Established under the MWO, the main function of the MWC is to report to the CE in Council its recommendations about the SMW rate. In performing its function, the MWC is required to maintain an appropriate balance between the objectives of forestalling excessively low wages and minimising the loss of low-paid jobs, and give due regard to sustaining Hong Kong’s economic growth and competitiveness.

The membership of the MWC for the next term is as follows:

Chairperson
—————
Ms Priscilla Wong Pui-sze

Non-official Members (Note)
—————————
Mr Calvin Chan Ka-wai (new member)
Mr Allen Cheng Siu-kai (new member)
Professor Fong Yuk-fai (new member)
Mr Wilson Kwong Wing-tsuen (new member)
Mr Lam Chi-ting (new member)
Professor Joyce Ma Lai-chong
Ms Ng Wai-yee
Dr Ricky Szeto Wing-fu (new member)
Professor Tang Hei-wai

Official Members
—————————————-
Permanent Secretary for Labour and Welfare
Permanent Secretary for Commerce and Economic Development
Government Economist

Note: Non-official members are listed in the alphabetical order of their surnames.

MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Firing practice for March 2025

Source: Hong Kong Government special administrative region

Firing practice for March 2025
Firing practice for March 2025
******************************

Firing practice will take place at two military sites, namely the San Wai/Tai Ling Firing Range and the Tsing Shan Firing Range, next month (March). Red flags or red lamps will be hoisted at the firing areas before and during firing practice. For their safety, people are advised not to enter the firing area. Following are the dates and times for the firing practice sessions in March 2025: San Wai/Tai Ling Firing Range————————————-

Date
Time

March 3 (Monday)March 4 (Tuesday)March 5 (Wednesday)March 6 (Thursday)March 7 (Friday)March 10 (Monday)March 11 (Tuesday)March 12 (Wednesday)March 13 (Thursday)March 14 (Friday)March 17 (Monday)March 18 (Tuesday)March 19 (Wednesday)March 20 (Thursday)March 21 (Friday)March 22 (Saturday)March 24 (Monday)March 25 (Tuesday)March 26 (Wednesday)March 27 (Thursday)March 28 (Friday)March 31 (Monday)
8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm

Tsing Shan Firing Range——————————-

Date
Time

March 3 (Monday)March 4 (Tuesday)March 5 (Wednesday)March 6 (Thursday)March 7 (Friday)March 10 (Monday)March 11 (Tuesday)March 12 (Wednesday)March 13 (Thursday)March 14 (Friday)March 17 (Monday)March 18 (Tuesday)March 19 (Wednesday)March 20 (Thursday)March 21 (Friday)March 24 (Monday)March 25 (Tuesday)March 26 (Wednesday)March 27 (Thursday)March 28 (Friday)March 29 (Saturday)March 31 (Monday)
8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm8am-9pm

Ends/Friday, February 21, 2025Issued at HKT 11:00

NNNN

MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Fatal traffic accident in Ma On Shan

Source: Hong Kong Government special administrative region

Fatal traffic accident in Ma On Shan
Fatal traffic accident in Ma On Shan
************************************

Police are investigating a fatal traffic accident happened in Ma On Shan this morning (February 21) in which a man died. At 6.45am, a school bus driven by a 78-year-old man was travelling along Kam Ying Road towards Wu Kai Sha. When the school bus was approaching near 9 Kam Ying Road, it reportedly went out of control and rammed into the railings. Sustaining no superficial injury, the driver was rushed to Prince of Wales Hospital in unconscious state and was certified dead at 7.31am. Investigation by the Special Investigation Team of Traffic, New Territories South is under way. Anyone who witnessed the accident or has any information to offer is urged to contact the investigating officers on 3661 1346.

Ends/Friday, February 21, 2025Issued at HKT 10:54

NNNN

MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Asia-Pac: Government announces appointment to SCDS

Source: Hong Kong Government special administrative region

Government announces appointment to SCDS
Government announces appointment to SCDS
****************************************

The Government announced today (February 21) that the Chief Executive has appointed Mr Cheung Kwok-kit as a new member of the Standing Committee on Disciplined Services Salaries and Conditions of Service (SCDS). The term of appointment is from March 1, 2025 to December 31, 2026. The SCDS advises the Chief Executive on issues relating to the pay and conditions of service of the disciplined services. Its current Chairman is Mr Herbert Hui Leung-wah. Other serving members are Dr Sigmund Leung Sai-man, Mr Ivan Sze Wing-hang, Mr Dennis Ho Chiu-ping, Mr Tony Tse Wai-chuen, Ms Katherine Cheung Marn-kay, Ms Loretta Fong Wan-huen, Ms Sonia Cheng Chi-man, Ms Lisa Lau Man-man, Mr Ho Conrad Alwin, Ms Christina Maisenne Lee and Dr Miranda Lou Lai-wah.

Ends/Friday, February 21, 2025Issued at HKT 10:00

NNNN

MIL OSI Asia Pacific News –

February 22, 2025
MIL-OSI Video: Foreign Direct Investment in 2023: Key Highlights

Source: International Monetary Fund – IMF (video statements)

Inward direct investment grew by $1.75 trillion, rising 4.4% to reach a record $41 trillion by year-end!

Largest Gains:
Singapore: +$307 billion (+15%)
United States: +$227 billion (+4.4%)

Largest Declines:
The Netherlands: -$282 billion (-9%)
Germany: -$141 billion (-3.7%)

https://www.youtube.com/watch?v=MHyR9MY4Q3Q

MIL OSI Video –

February 22, 2025
MIL-OSI: Prosafe SE: Operational update – January 2025

Source: GlobeNewswire (MIL-OSI)

21 February – Fleet utilisation for January 2025 was 57 per cent.

Safe Notos and Safe Concordia operated at full capacity during this period, achieving 100% utilisation. Safe Eurus and Safe Zephyrus achieved a utilisation rate of 99% each.

Safe Caledonia has commenced reactivation activities in Scapa Flow, UK, and will mobilise to the Captain Field, UK, within June 2025.

Safe Boreas is in Norway preparing for relocation in Q2 2025 for a contract in Australia commencing between mid November 2025 and mid February 2026.

Prosafe has entered into an agreement to sell Safe Concordia to an undisclosed party. The vessel is expected to be delivered to its new owner upon completion of her current charter obligations, within a window of March through June 2025. The sale of the vessel is subject to customary closing conditions and requirements.

Safe Scandinavia remains laid up in Norway.

Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com

For further information, please contact:

Terje Askvig, CEO
Phone: +47 952 03 886

Reese McNeel, CFO
Phone: +47 415 08 186

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

The MIL Network –

February 22, 2025
MIL-OSI United Nations: African Development Bank and World Food Programme support Nigerian Government in tackling acute hunger in Northeastern Nigeria

Source: World Food Programme

BORNO – In the wake of the devastating floods that hit Borno State in September 2024, the African Development Bank (AfDB) has contributed US$ 1 million from its Special Relief Fund to support emergency food response for flood-affected communities in Northeastern Nigeria.

The support comes at a critical time, when humanitarian funding is in short supply and the country faces alarmingly high rates of food insecurity exacerbated by conflict, floods and rising poverty. The United Nations World Food Programme (WFP) will use this contribution, on behalf of the Federal Government of Nigeria, to provide emergency food assistance to 120,000 women, men, and children. Each household will receive 35kg worth of staple food supply.

““AfDB’s support is timely and comes as a lifeline for those struggling to feed themselves amidst rising food prices and economic turmoil,” said David Stevenson, WFP’s Country Director in Nigeria. Communities which, after years of conflict and violence, started rebuilding their lives were struck by the floods and once again displaced, meaning more and more people cannot support themselves and their families.”

The recent floods of September 2024 exacerbated years of prior displacement, food insecurity and economic hardship, resulting in disastrous consequences, that have pushed hunger levels even higher. According to the November 2024 Cadre Harmonisé food security analysis, conducted across 26 states and the federal capital, it is projected that 33 million people in Nigeria will face food insecurity by August 2025.

“I hope that this additional funding will mitigate the suffering of vulnerable people on the brink of acute hunger, at a time when more Nigerians than ever before are in need of humanitarian assistance”, said Abdul Kamara, African Development Bank Director General in Nigeria. “I commend the Federal Government of Nigeria and WFP for the continuous efforts to operate in such a challenging environment to improve the lives of Nigerian families.”

This new contribution complements AfDB’s ongoing effort to restructure activities of the Programme for Integrated Agricultural Development, Adaptation to Climate Change (PIDACC) and the Inclusive Basic Service Delivery and Livelihood Empowerment Program to avail critically needed services in Borno, Yobe and Adamawa states.

As part of the government’s Borno State Development Plan, WFP and partners deliver food and specialised nutrition assistance to 1 million people in Borno state each month. WFP also trains and mentors health facility staff to conduct screenings and manage acute malnutrition among women and children whilst promoting appropriate maternal, infant, and young child nutrition practices. The Government of Nigeria is a firm supporter of WFP’s humanitarian food systems solutions in Borno state.

# # #

About AfDB

The African Development Bank Group (AfDB) is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 44 African countries with an external office in Japan, the AfDB contributes to the economic development and the social progress of its 54 regional member states.

For more information: www.afdb.org

About WFP

The United Nations World Food Programme is the world’s largest humanitarian organization, saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change.

Follow us on X, via @wfp_media, @AfDB_Group, @AfDB_RDNG

MIL OSI United Nations News –

February 22, 2025
MIL-OSI: Kasu launches the highest risk-adjusted yields in RWA private credit
Source: GlobeNewswire (MIL-OSI)

DUBAI, United Arab Emirates, Feb. 21, 2025 (GLOBE NEWSWIRE) — Kasu, the most risk-optimised private credit platform in DeFi, is now live, offering institutional-grade yield opportunities with an unprecedented level of transparency, risk management, and borrower quality.

Built on BASE, Kasu provides a sustainable 12-25% APY, offering the highest risk-adjusted yields in RWA private credit. This is achieved by lending exclusively to top-tier accounting firms and their clients in tier 1 economies: the US, Canada, Australia, and the UK.

This approach ensures yields that are completely uncorrelated to crypto volatility or macroeconomic fluctuations, providing lenders with stable, high-quality returns.

Apxium: the powerhouse behind Kasu’s zero-loss lending engine

Kasu is powered by Apxium, a multi-award-winning SaaS+Fintech business whose proprietary technology is used by global accounting firms to manage and automate over $2.5 billion in invoices annually.

This financial automation software accelerates the rate at which these firms collect payment from their invoices by up to 50%, thereby significantly increasing their cash flow, ultimately reducing risk to lenders on Kasu.

Unlike other RWA lenders that have suffered over $200 million in losses in just the last three years, Apxium has an 8-year history with a 0% loss rate—a feat unheard of in RWA.

“We’re not just another RWA lending platform—we’re redefining how real-world yield works in DeFi,” said Kasu Co-Founder, Luke Lombe. “By combining institutional-grade lending opportunities, industry-first transparency, and cutting-edge financial automation, Kasu is setting a new benchmark for sustainable, high risk-adjusted returns.”

Best-in-class borrowers & risk structuring: lending to globally significant firms in Tier 1 economies

Kasu exclusively lends to established accounting firms and their clients across the US, Canada, Australia, and the UK—a borrower class that is:
- Highly regulated with strict financial oversight
- Non-discretionary—these firms handle mission-critical services in all economic conditions, ensuring high repayment reliability
- Low-risk, high-profit—less than 1% invoice default rate across the industry
These borrowers include leading global accounting networks, US Top 25 firms, UK Top 15 firms, and Australia’s largest professional services firms.

In addition, Kasu’s best-in-class risk management isn’t just theoretical—it’s engineered into every transaction, with multiple layers of borrower recourse and real-time financial tracking.

This technology-driven risk management ensures that Lending Strategies on Kasu apply sophisticated credit risk structuring, making it safer for lenders, and with the highest level of transparency in the market.

The future of yield is transparent, secure, and accessible

While other private credit platforms force lenders to lend blindly into opaque structures, Kasu is setting a new standard.

This includes loan performance and risk dashboard reporting, whilst providing lenders with full visibility and control over how their funds are allocated to some of the highest creditworthy business borrowers in private credit.

This level of transparency, control, and risk management is unmatched in RWA lending.

RWA lending, done right – democratising access to all lenders, including the U.S.

Unlike most private credit RWA platforms that restrict participation to accredited investors, Kasu’s ethos of inclusiveness and financial democratisation means it is open to nearly all lenders—including everyday lenders in the United States, regardless of their wealth.

This means for the first time, any US participant can access institutional-quality private credit strategies that were previously reserved for financial institutions.

Kasu is designed to scale. Pre-launch, the platform achieved its hard cap of $3M in test TVL. With its advanced risk structuring, premier borrower base, and proprietary financial automation technology, Kasu is positioned to become the dominant force in RWA private credit.

Strong backing – more to come

Kasu launches with the support of early investors including Woodstock Fund, Morningstar Ventures, Cypher Capital, and Faculty Group.

Perhaps more significantly, Kasu is in late-stage diligence for a significant debt facility from a major institutional lender—a move that, if finalised, would prove that institutional-grade capital is ready to enter DeFi in a material way.

“The private credit market is a $1.6 trillion opportunity that’s been virtually untouched in crypto,” said Luke Lombe. “With the backing we’re securing, Kasu is positioned to be the Ondo of private credit, bridging TradFi with DeFi in a way that’s never been done before.”

Kasu’s transparent lending model, borrower quality, and structured credit risk structuring set it apart in the rapidly evolving RWA landscape. By combining the highest risk-optimised yields in private credit with industry-first levels of transparency, Kasu is defining the next generation of DeFi lending.

Kasu is live now. Start earning at www.kasu.finance.

About Kasu

Kasu is the most risk-optimised, fully transparent RWA private credit platform, providing institutional-grade, uncorrelated yields to any lender. By bridging DeFi with the multi-trillion-dollar private credit market, Kasu enables sustainable, and high-yield lending opportunities of the highest quality seen in RWA private credit. The platform is backed by leading lenders and has undergone multiple security audits by ChainSecurity and 0xCommit.

About Faculty Group

Faculty Group is a collective of blockchain-native companies that builds, invests in, and advises Web3 innovators. With over 100 staff worldwide, Faculty provides investment capital for early-stage projects, underpinned by a comprehensive suite of venture-building services, including product development, marketing, market making, and token economics—all under one banner.

Press Inquiries for Kasu:
Leon Ploubidis
Growth Strategy and Operations
Leon@kasu.finance

Arvin Nathan, PR
an@faculty.group

Disclaimer: This press release is provided by Kasu .The statements, views, and opinions expressed in this content are solely those of the Kasu .and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8f465bcf-d2d4-407d-aec1-d9d9e766340b

The MIL Network –
February 22, 2025
MIL-OSI Global: South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax

Source: The Conversation – Africa – By Andrew Robert Donaldson, Senior Research Associate, Southern Africa Labour and Development Research Unit, University of Cape Town

South Africa’s finance minister, Enoch Godongwana, cancelled the unveiling of the country’s 2025 budget as it was due to be released. The move is unprecedented in the country’s history.

The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise value added tax (VAT) from 15% to 17%. VAT is the second biggest contributor to tax collection after personal income tax, followed by corporate taxes.

The strongest opposition to the idea came from parties that have joined the African National Congress in a government of national unity which was formed after the ruling party lost its majority in polls in June 2024.

To understand the finance minister’s efforts to raise VAT it’s helpful to revisit the revenue proposals of a year ago.

In the 2024 budget, all the additional revenue was to come from a “stealth tax” on personal income. Because personal income tax is levied at increasing rates as income rises, the tax burden rises as wages go up if tax thresholds are not adjusted for inflation.

In the Treasury’s estimates, R16.3 billion (US$889 million) was raised in 2024/25 by not making inflation-related adjustments to the personal income tax brackets and rebates. This meant that another 200,000 income-earners became taxpayers, and everyone’s effective tax rate was raised.

This has been a long-standing trend. Over the past decade, the tax threshold (for individuals under the age of 65) has declined from R115,000 (in today’s prices) to R95,750, bringing about 850,000 more people into the tax net.

Above the threshold, tax rates were raised by one percentage point in 2015 and the 45% rate was introduced in 2017.

As a strategy for raising personal income tax, the results have been impressive. Personal income tax has increased from 8% of GDP in 2014 to nearly 10%. In the nine months to December 2024, personal income tax increased by over 13% compared with the same period in 2023. Even after taking account of the revenue windfall from retirement fund withdrawals following recent reforms, this signals a substantial erosion of households’ disposable income.

But that is precisely the problem. Taxes collected on goods and services (mainly VAT and excise duties) increased by just 0.4% last year by comparison with 2023. Revenue from corporate income tax declined. The implication is clear: higher taxes on personal income are at least partially offset by reduced consumption and declines in revenue from other sources.

So the Treasury has taken the view, this year, that there should be relief given in the personal income tax and that additional revenue will have to come from taxes on consumption.

There are good reasons for this: personal income tax has contributed a rising share of the overall tax burden over the past decade, while households also face rising costs of electricity, housing and services. However, raising VAT also has its downsides: it generates revenue by raising prices relative to the costs of production, and effectively also reduces households’ spending power.

The Treasury’s estimate is that an increase in VAT from 15% to 17% would raise an additional R60 billion (US$3.3 billion) in revenue. To offset the impact on low-income households, the schedule of basic foods that don’t attract VAT will be extended beyond the present list of 21 items to include various specified meat cuts and tinned and bottled vegetables. In addition, above-inflation adjustments to social grants are proposed.

The main argument against increasing the VAT rate is that it is regressive – it has a greater impact on lower-income households than on the rich. But a two percentage point VAT increase would also be a substantial shock to overall consumption spending. It would temporarily raise inflation and it would have a negative impact on business income and profitability.

The arguments for a higher VAT rate, rather than other tax increases, are in part about its broad base and comparative ease of collection.

There are nonetheless valid concerns from an administrative perspective. The Treasury argues that other countries have higher VAT rates than South Africa (Morocco, Turkey, Brazil and India, for example). But this is not in itself protection against the potential impact of a higher tax rate on non-compliance and tax fraud.

The upsides

There may be deeper economic considerations behind the Treasury’s tax proposal.

The most compelling arguments for VAT as a revenue source are in its basic design structure: what is taxed and what is not. There are two key features. The first is that it taxes imports and zero-rates exports. The second is that the VAT base excludes investment.

The import VAT is sometimes seen as an unfair form of trade protection. But it simply levels the consumption tax across foreign and domestic-produced goods. And it’s simpler than excise and sales taxes.

The important consideration for domestic production is that by comparison with alternative taxes on income, the VAT encourages exports.

The exclusion of investment from the VAT base caused some controversy when the tax was introduced in 1990. Some argued that this would bias economic development in favour of capital and against labour. But investment and employment are complements. To achieve higher rates of employment, South Africa needs far greater levels of investment. Since 2013, investment has fallen as a percentage of GDP from 19% to less than 15%: nowhere enough to generate growth sufficient to bring down South Africa’s unemployment rate.

Because the VAT base is consumption, not investment, it supports expansion of the economy’s productive capacity.

Managing the fallout

But this doesn’t change the short-term impact on the cost of living that would result from a VAT rise. A higher tax burden will reduce demand and inhibit growth at first, before potentially contributing to fiscal stability and lower interest rates.

If the tax increase is to be avoided, then the spotlight will have to fall on the expenditure side of the budget. This is a far harder discussion than tax policy – there are a thousand options to consider, and there are vested interests wherever you look.

If Godongwana’s VAT rate increase is to be rejected, tough choices on the alternatives will have to be confronted.

Andrew Robert Donaldson is a former National Treasury official.

– ref. South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax – https://theconversation.com/south-africas-finance-minister-wanted-to-raise-vat-the-pros-and-cons-of-a-tricky-tax-250460

MIL OSI – Global Reports –

February 22, 2025
MIL-OSI Africa: South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax

Source: The Conversation – Africa – By Andrew Robert Donaldson, Senior Research Associate, Southern Africa Labour and Development Research Unit, University of Cape Town

South Africa’s finance minister, Enoch Godongwana, cancelled the unveiling of the country’s 2025 budget as it was due to be released. The move is unprecedented in the country’s history.

The reason for the abrupt cancellation was the failure of the minister to get cabinet approval for the proposal to raise value added tax (VAT) from 15% to 17%. VAT is the second biggest contributor to tax collection after personal income tax, followed by corporate taxes.

The strongest opposition to the idea came from parties that have joined the African National Congress in a government of national unity which was formed after the ruling party lost its majority in polls in June 2024.

To understand the finance minister’s efforts to raise VAT it’s helpful to revisit the revenue proposals of a year ago.

In the 2024 budget, all the additional revenue was to come from a “stealth tax” on personal income. Because personal income tax is levied at increasing rates as income rises, the tax burden rises as wages go up if tax thresholds are not adjusted for inflation.

In the Treasury’s estimates, R16.3 billion (US$889 million) was raised in 2024/25 by not making inflation-related adjustments to the personal income tax brackets and rebates. This meant that another 200,000 income-earners became taxpayers, and everyone’s effective tax rate was raised.

This has been a long-standing trend. Over the past decade, the tax threshold (for individuals under the age of 65) has declined from R115,000 (in today’s prices) to R95,750, bringing about 850,000 more people into the tax net.

Above the threshold, tax rates were raised by one percentage point in 2015 and the 45% rate was introduced in 2017.

As a strategy for raising personal income tax, the results have been impressive. Personal income tax has increased from 8% of GDP in 2014 to nearly 10%. In the nine months to December 2024, personal income tax increased by over 13% compared with the same period in 2023. Even after taking account of the revenue windfall from retirement fund withdrawals following recent reforms, this signals a substantial erosion of households’ disposable income.

But that is precisely the problem. Taxes collected on goods and services (mainly VAT and excise duties) increased by just 0.4% last year by comparison with 2023. Revenue from corporate income tax declined. The implication is clear: higher taxes on personal income are at least partially offset by reduced consumption and declines in revenue from other sources.

So the Treasury has taken the view, this year, that there should be relief given in the personal income tax and that additional revenue will have to come from taxes on consumption.

There are good reasons for this: personal income tax has contributed a rising share of the overall tax burden over the past decade, while households also face rising costs of electricity, housing and services. However, raising VAT also has its downsides: it generates revenue by raising prices relative to the costs of production, and effectively also reduces households’ spending power.

The Treasury’s estimate is that an increase in VAT from 15% to 17% would raise an additional R60 billion (US$3.3 billion) in revenue. To offset the impact on low-income households, the schedule of basic foods that don’t attract VAT will be extended beyond the present list of 21 items to include various specified meat cuts and tinned and bottled vegetables. In addition, above-inflation adjustments to social grants are proposed.

The main argument against increasing the VAT rate is that it is regressive – it has a greater impact on lower-income households than on the rich. But a two percentage point VAT increase would also be a substantial shock to overall consumption spending. It would temporarily raise inflation and it would have a negative impact on business income and profitability.

The arguments for a higher VAT rate, rather than other tax increases, are in part about its broad base and comparative ease of collection.

There are nonetheless valid concerns from an administrative perspective. The Treasury argues that other countries have higher VAT rates than South Africa (Morocco, Turkey, Brazil and India, for example). But this is not in itself protection against the potential impact of a higher tax rate on non-compliance and tax fraud.

The upsides

There may be deeper economic considerations behind the Treasury’s tax proposal.

The most compelling arguments for VAT as a revenue source are in its basic design structure: what is taxed and what is not. There are two key features. The first is that it taxes imports and zero-rates exports. The second is that the VAT base excludes investment.

The import VAT is sometimes seen as an unfair form of trade protection. But it simply levels the consumption tax across foreign and domestic-produced goods. And it’s simpler than excise and sales taxes.

The important consideration for domestic production is that by comparison with alternative taxes on income, the VAT encourages exports.

The exclusion of investment from the VAT base caused some controversy when the tax was introduced in 1990. Some argued that this would bias economic development in favour of capital and against labour. But investment and employment are complements. To achieve higher rates of employment, South Africa needs far greater levels of investment. Since 2013, investment has fallen as a percentage of GDP from 19% to less than 15%: nowhere enough to generate growth sufficient to bring down South Africa’s unemployment rate.

Because the VAT base is consumption, not investment, it supports expansion of the economy’s productive capacity.

Managing the fallout

But this doesn’t change the short-term impact on the cost of living that would result from a VAT rise. A higher tax burden will reduce demand and inhibit growth at first, before potentially contributing to fiscal stability and lower interest rates.

If the tax increase is to be avoided, then the spotlight will have to fall on the expenditure side of the budget. This is a far harder discussion than tax policy – there are a thousand options to consider, and there are vested interests wherever you look.

If Godongwana’s VAT rate increase is to be rejected, tough choices on the alternatives will have to be confronted.

– South Africa’s finance minister wanted to raise VAT: the pros and cons of a tricky tax
– https://theconversation.com/south-africas-finance-minister-wanted-to-raise-vat-the-pros-and-cons-of-a-tricky-tax-250460

MIL OSI Africa –

February 22, 2025
MIL-OSI United Kingdom: The Global Geopolitical Situation: Foreign Secretary’s speech at the G20 in South Africa
Source: United Kingdom – Executive Government & Departments 3

Speech

The Global Geopolitical Situation: Foreign Secretary’s speech at the G20 in South Africa

Foreign Secretary David Lammy’s intervention on Discussions on the Global Geopolitical Situation at the G20 Foreign Ministerial Meeting in South Africa.
Thank you very much Ronald [Ronald Lamola, Minister of International Relations and Cooperation of South Africa] and let me say, my dear brother, what a joy is to see the G20 in Africa at long last. And we thank Brazil for its stewardship last year.

The challenges that we face are truly global. We will not begin to tackle them unless we harness the potential of this continent, bursting with growth and opportunities and with so many young people, talented young people at its heart.

The starkest challenge we face is escalating conflict, both between and within nations, driving vicious cycles of grievance, displacement and low growth.

Your presidency, Ronald, calls for solidarity, and solidarity starts by recognising and naming the victims of war and injustice:

innocent Ukrainians enduring bombardment night after night from Odessa to Zaphorizhya

the hostages still cruelly held underground by Hamas, 16 months on from the trauma of October the 7th

the Palestinian civilians driven from their homes in Gaza and the West Bank

the Sudanese refugees flee their burning villages to escape across the border to Chad, the overwhelming majority of them, women and children having endured the most unimaginable and indiscriminate violence

As I said when I visited Chad, there can be no geopolitical stability, whilst there remains a hierarchy of conflicts, with those on this continent finding themselves at the bottom of the global pile.

And that’s why, since starting this job, I’ve made a reset with the so called Global South, a central plank of the UK foreign policy, and it’s why I doubled British aid for Sudan, and I prepared a conference in London to push for a political process which will end the fighting and protect civilians.

And that’s why I’ve called out the Rwandan Defence Force operations in the eastern DRC as a blatant breach of the UN Charter which risks spiralling into a regional conflict, and that’s why I will again make clear to President Kagame, that further breaches of DRC’s sovereignty will have consequences.

Because at the heart of my government’s approach to foreign policy lies the belief that regional and geopolitical stability can only be delivered through respect for international law and the principles of the UN Charter.

And as my Canadian, Australian, Japanese colleagues have said, respect for international law must underwrite a free and open Indo Pacific, just as it must underwrite the Euro Atlantic, with the security of those 2 regions ever more closely linked.

And as we turn to the Middle East, the ceasefire in Gaza is painfully fragile, I’m grateful that so many of us here today are working together to ensure that it holds we must continue to work together tirelessly to secure the release of the remaining hostages, to bolster the Palestinian Authority, and to boost aid into Gaza and to develop a long term plan for governance and security on the strip so that we can advance towards, a two-state solution, which remains the only long-term viable pathway to peace.

And finally, in Ukraine, the only just and lasting peace will be a peace that is consistent with the UN Charter, and we want that as soon as possible.

You know, mature countries learn from their colonial failures and their wars, and Europeans have had much to learn over the generations and the centuries.

But I’m afraid to say that Russia has learned nothing. I listened carefully to Minister Lavrov intervention just now he’s, of course, left his seat, hoping to hear some readiness to respect Ukraine’s sovereignty.

I was hoping to hear some sympathy for the innocent victims of the aggression. I was hoping to hear some readiness to seek a durable peace.

What I heard was the logic of imperialism dressed up as a realpolitik, and I say to you all, we should not be surprised, but neither should we be fooled.

We are at a crucial juncture in this conflict, and Russia faces a test. If Putin is serious about a lasting peace, it means finding a way forward which respects Ukraine’s sovereignty and the UN Charter which provides credible security guarantees, and which rejects Tsarist imperialism, and Britain is ready to listen.

But we expect to hear more than the Russian gentleman’s tired fabrications.

Updates to this page

Published 20 February 2025
MIL OSI United Kingdom –
February 21, 2025
MIL-OSI Economics: Samsung Transforms Smartphone Service Centres with Premium Design and Exceptional Customer Service

Source: Samsung

Samsung, India’s largest consumer electronics brand, is set to elevate its smartphone customer service experience with a comprehensive redesign of its service centres. This initiative aims to establish a seamless service-to-sales journey, reinforcing Samsung’s commitment to superior after-sales support with a strong focus on premium customer care.

Designed to deliver an integrated omni-channel experience, the remodelled service centres incorporate advanced digitalised processes to cater to evolving expectations of Samsung’s young and dynamic customer base. They not only boast a diverse product portfolio but also lead the way in technological innovation with advanced diagnostic tools that detect issues with pin-point accuracy.

The upgraded centres break away from traditional layouts, introducing plush, sofa-style seating equipped with inbuilt wireless charging stations to create a lounge-like ambience. Reimagined accessory walls showcase Samsung’s extensive range of wearables, while ultra-large digital screens feature the latest product innovations, offering visitors an immersive experience.

“Over the decades, we have expanded a robust network of service centres to support our existing customer base which is concurrent to the needs of our sales partners. As consumer expectations evolve every day, we wanted to transform these spaces by infusing youthful and efficient design elements to make them more appealing, while keeping traditional customer needs in mind. At the heart of this is Samsung’s commitment to providing a premium experience to its customers,” said Sunil Cutinha, VP, Customer Satisfaction, Samsung India.

To enhance customer interactions, dedicated kiosks will enable visitors to connect with product support specialists, explore new product launches, and stay updated on exclusive offers and discounts. An online appointment booking system will allow customers to schedule their visits in advance, ensuring a hassle-free experience with minimal wait times.
Samsung currently operates more than 3,000 service touch points across India including physical service centres, resident engineers and collection points. The roll-out of the service centre redesign will be implemented in phases across key cities, ensuring an elevated customer experience nationwide.

MIL OSI Economics –

February 21, 2025
MIL-OSI Asia-Pac: Alert issued over dubious website

Source: Hong Kong Information Services

The Education Bureau today called on the public to be vigilant against an organisation calling itself “Kyiv State University of Economics and Business (Hong Kong Campus)”.

A website in the organisation’s name claims to have the support of the “Hong Kong Education Bureau” and contains a hyperlink to the Education Bureau’s website.

The bureau clarified that it has no connection with such an organisation, and has reported the matter to the Police Force.

MIL OSI Asia Pacific News –

February 21, 2025
MIL-OSI Economics: The 23rd ASEAN-China Senior Officials’ Meeting on the Implementation of the Declaration on the Conduct of Parties in the South China Sea (SOM-DOC) convenes at the ASEAN Headquarters/ASEAN Secretariat

Source: ASEAN

Senior Officials of ASEAN Member States and China met for the 23rd ASEAN-China SOM-DOC on 21 February 2025 at the ASEAN Headquarters/ASEAN Secretariat in Jakarta. The Deputy Secretary-General of ASEAN for ASEAN Political-Security Community was also in attendance. Ahead of the Post-Ministerial Conference Session with China in July, the Meeting reviewed the implementation of the Declaration on the Conduct of Parties in the South China Sea and discussed the progress of the negotiations of the Code of Conduct in the South China Sea (COC). The Meeting is the first of several SOM-DOC meetings scheduled for the year.

The post The 23rd ASEAN-China Senior Officials’ Meeting on the Implementation of the Declaration on the Conduct of Parties in the South China Sea (SOM-DOC) convenes at the ASEAN Headquarters/ASEAN Secretariat appeared first on ASEAN Main Portal.

MIL OSI Economics –

February 21, 2025

MIL-OSI Economics: Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – HCBL Co-operative Bank Ltd., Lucknow – Extension of period

Source: Reserve Bank of India

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to HCBL Co-operative Bank Ltd., Lucknow vide Directive No. LKO.DOS.SED.No.S842/10-12-133/2022-2023 dated February 23, 2023 for a period of six months up to August 24, 2023 as modified from time to time, which were last extended up to February 24, 2025 vide Directive No. DOR.MON/D-71/12.22.133/2024-25 dated November 19, 2024. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond February 24, 2025.

2. Accordingly, the Reserve Bank of India, in the exercise of powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, hereby extends the Directive for a further period of three months from close of business of February 24, 2025 to close of business of May 24, 2025, subject to review.

3. Other terms and conditions of the Directive under reference shall remain unchanged.

(Puneet Pancholy)
Chief General Manager

Press Release: 2024-2025/2217

MIL OSI Economics –

February 21, 2025

MIL-OSI United Nations: How UNECE tools help shift to more sustainable critical raw materials governance

Source: United Nations Economic Commission for Europe

The global landscape of critical raw materials (CRMs) governance is undergoing a profound transformation. The United Nations Secretary-General’s Panel on Critical Energy Transition Minerals (CETMs) aims to catalyse a shift from extractive, short-term policies to a model prioritising equity, sustainability, and industrial transformation. The UN Framework Classification for Resources (UNFC) and the UN Resource Management System (UNRMS), developed at UNECE, provide practical tools to make this a reality on the ground.

Discussions at the International Round Table on Materials Criticality (IRTC) 2025 Conference (19-21 February, Ljubljana) themed “From Raw Material Policies to Practice,” together with the workshop on North-South Collaboration in CRMs, highlighted trends in the transition from resource extraction to more responsible resource stewardship.

The CETM Panel’s guiding principles, emphasizing resource sovereignty, sustainable supply chains, and fair market access, prompt policymakers, industries, and investors to rethink outdated CRM strategies. Regional trade frameworks like the EU-Mercosur Partnership Agreement are beginning to reflect this new reality, embedding strong environmental, social, and economic governance standards into CRM agreements.

A new model for North-South collaboration

This policy shift is shaping a new model of North-South collaboration, moving beyond the historical raw material export model toward domestic value addition, industrialization, and technology partnerships. Discussions highlighted the shift from extraction to processing in the Lithium Triangle (Bolivia, Argentina, Chile) and the potential to integrate sustainability and social responsibility in CRM development. Over the past seven years, lithium operations in the region have significantly reduced water use while increasing investment in local communities. Indonesia’s nickel beneficiation strategy, which triggered a 20-fold increase in local investment, was highlighted as a blueprint for future CRM development.

The workshop on “Equity, value, and Innovation: North-South Collaboration for Sustainable CRM Development”, organized by UNECE and ESM Foundation, reinforced that North-South collaboration must be redefined not as a dependency but as a partnership. Nations in the Global South are no longer just suppliers of raw materials—they are increasingly asserting control over processing and production. The African Green Minerals Strategy (AGMS) is a step in this direction, integrating fiscal incentives, infrastructure, and investment policies to build entire mineral-based industrial value chains.

UNFC & UNRMS: Tools to write the future, not repeat the past

No longer just theoretical frameworks, UNFC and UNRMS are being actively implemented across Europe, Africa, and Asia-Pacific, offering a transparent, standardized, and future-proofed approach to CRMs governance. These tools empower resource-rich nations to make informed decisions that balance economic benefits with environmental and social responsibilities.

The road ahead

As industry leaders, policymakers, and researchers align around these principles, the future of CRMs governance will be dictated not by short-term market fluctuations but by long-term strategic planning. Karen Hanghøj, Director of the British Geological Survey and Chair of the Expert Group on Resource Management at UNECE said, “We are not only witnessing a shift in resource governance—we are shaping a new paradigm. The challenge is ensuring these principles translate into concrete policies that empower resource-rich nations while securing stable and sustainable supply chains. UNFC and UNRMS are more than technical frameworks—they are tools for writing the future of resource management, ensuring that we do not repeat past mistakes”.

MIL OSI United Nations News –

February 21, 2025

Category: Asia Pacific

Day 2 #CTDDR2025: The 9th MahaKumbh for Drug ResearchDrug Resistance, Car T Cell Therapy, Parasitic, Viral disease and Natural Product Chemistry was the main theme of the Day

The upsides

Managing the fallout

The upsides

Managing the fallout

The Global Geopolitical Situation: Foreign Secretary’s speech at the G20 in South Africa

Updates to this page

Day 2 #CTDDR2025: The 9_th MahaKumbh for Drug Research

Drug Resistance, Car T Cell Therapy, Parasitic, Viral disease and Natural Product Chemistry was the main theme of the Day