Category: Asia Pacific

  • MIL-Evening Report: Majority of NZ researchers see Māori Indigenous knowledge as relevant to their work – but there is a gender divide

    Source: The Conversation (Au and NZ) – By Katharina Ruckstuhl, Associate Professor in Indigenous Economy, University of Otago

    Getty Images

    While the New Zealand government plans to review 28 pieces of legislation with a view to changing or repealing references to the Treaty of Waitangi, the science sector is embracing engagement with Māori and leading the way in linking science and Indigenous knowledge at a national scale.

    We surveyed 316 researchers from research organisations across New Zealand on their engagement with Māori and their attitudes towards mātauranga Māori (Indigenous knowledge system). We found the majority agree engagement is important and mātauranga Māori is relevant to their research.

    Our preliminary findings show most of the surveyed researchers engaged with Māori to some degree in the past and expect to keep doing so in the future. A majority agreed mātauranga Māori should be valued on par with Western science.

    New Zealand is not alone in seeing Indigenous knowledge as complementary. Over the past few decades, several international projects engaged Indigenous knowledge systems to help solve pressing local and global problems. This includes traditional Aboriginal burning the reduces the risk of wildfires and sustainable water management.

    But New Zealand has been at the forefront of developing a nationwide approach through the 2007 Vision Mātauranga policy. This science-mātauranga connection has given New Zealand a global lead in how to meaningfully and practically mobilise science and Indigenous knowledge at a national scale.

    In contrast, the US only recently developed its national Indigenous science policy.

    Merging knowledge systems

    The merging of Indigenous and Western knowledge is particularly important in the high-tech innovation field. Here, New Zealand’s approach is starting to have real impacts, including supporting innovations and capabilities that would not have happened otherwise.

    Through years of engagement with the research and innovation sector, Māori are increasingly expecting the sector to work differently. This means both engaging beyond the laboratory and being open to the possibility that science and mātauranga Māori together can create bold innovation. Examples include supporting Māori businesses to create research and development opportunities in high-value nutrition, or using mātauranga to halt the decline of green-lipped mussels in the Eastern Bay of Plenty.

    Mātauranga Māori has been key to restoring green-lipped mussels at Ōhiwa Harbour in the Eastern Bay of Plenty.
    Getty Images

    Some media reports give the impression of a divided research community when it comes to mātauranga Māori. There have also been anecdotal reports suggesting scientists feel “pressured” to include “irrelevant” mātauranga Māori in science applications to win funding.

    We questioned whether this divide was real and as widespread as was being reported. We investigated how non-Māori researchers view engagement and collaboration, in particular the role of mātauranga Māori within that engagement.

    We examined the responses of the 295 non-Māori scientists in our survey and found 56% agreed mātauranga Māori should be valued on par with Western science. Only 25% disagreed. Moreover, 83% agreed scientists had a duty to consult with Māori if the research had impacts on them.

    However, there was a significant gender difference: 75% of women compared to 44% of men agreed mātauranga Māori should be valued on par with science. Only 8% of women disagreed with that statement compared to 34% of men.

    Gender differences

    As social scientists researching New Zealand’s innovation system, these results quantified our earlier observations in two important respects.

    First, it seems that exposing researchers to engagement with Māori communities may create a more open attitude to mātauranga Māori. A key aspect of the past few years has been to broaden the science sector’s engagement with various communities, including Māori.

    The Vision Mātauranga policy has been explicit about this in the innovation sector and research and development areas. It appears likely this approach has, at least for some non-Māori researchers, created an openness to consider mātauranga Māori as an equivalent, although different, knowledge framework.

    This policy push and Māori community pull has seen scientists in this survey overwhelmingly agree that Māori should be consulted about the impacts research may have on their communities.

    Second, while we disagree with the anecdotal evidence that the science community as a whole is split when it comes to mātauranga and engagement with Māori, our results suggest there is a difference between genders. Women researchers in this survey are very positive when it comes to valuing mātauranga Māori, whereas men are relatively less so. We need to study this more deeply to find out why this might be the case.

    Shifts in how researchers work

    New Zealand’s science, research and innovation sector is in the middle of a structural transition with reviews of its priorities, policy, funding and organisational arrangements.

    While central government re-arrangements can happen relatively quickly, the interface between the laboratory, community and industry can take years to adjust. Embedding new practices is complex and not easily done.

    The 2007 Vision Mātauranga policy was initially slow, uneven and bumpy in its implementation. But our results suggest its impact has accelerated over the past few years. This includes recognising that working alongside different knowledge systems is valuable for innovation.

    Whatever New Zealand’s current restructure of the science sector prioritises, the way researchers work has changed. New Zealand is now at the forefront of global shifts when it comes to links between Indigenous knowledge and science.

    Anecdotes aside, accelerating the engagement between Māori and the science sector will be key to delivering the impact Māori and wider New Zealand expect.

    Katharina Ruckstuhl received funding from Science for Technological Innovation, National Science Challenge.

    Madeline Judge received funding from Science for Technological Innovation, National Science Challenge.

    Urs Daellenbach received funding from Science for Technological Innovation, National Science Challenge.

    ref. Majority of NZ researchers see Māori Indigenous knowledge as relevant to their work – but there is a gender divide – https://theconversation.com/majority-of-nz-researchers-see-maori-indigenous-knowledge-as-relevant-to-their-work-but-there-is-a-gender-divide-241239

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Australia: Delivering local priorities on the North Coast

    Source: Australian Ministers 1

    The Albanese Labor Government continues to boost the liveability of communities across Richmond, with federal funding delivering road and community infrastructure projects across the Tweed and Byron Shires. 

    Federal Minister for Regional Development and Local Government, Kristy McBain MP, joined Member for Richmond, Justine Elliot MP on Tuesday to inspect the progress of projects and to discuss the region’s priorities.

    As part of our commitment to improving the safety of local roads in Richmond, local councils will receive an increase in their Roads to Recovery funding over the next five years.

    Tweed Shire Council will receive over $15.9 million – a boost of over $6.8 million, and Byron Shire Council will receive over $6.4 million – a boost of over $2.7 million.

    This will pave the way for future priority projects and build on projects already delivered and fully funded by the Albanese Government – such as intersection, drainage, and bus stop upgrades at Rifle Range Road at Bangalow, which received $673,076. 

    The surface of Ducat Street at Tweed Heads is currently being upgraded thanks to over $1.5 million from the Albanese Government, with a further $500,000 in federal funding supporting widening and drainage works on Bayshore Drive at Byron Bay – making these roads safer.

    Through Phase 4 of the Local Roads and Community Infrastructure program, Tweed Shire Council is receiving over $2.8 million, and Byron Shire Council is receiving over $1.1 million for high-impact local projects. 

    The Albanese Government has also committed $618,869 under Round 1 of the Growing Regions Program to construct a Men’s Shed, environmental centre, performance stage and commercial kitchen, as well as provide upgrades to existing infrastructure at the Mullum SEED Eco Hub in Mullumbimby – boosting community engagement opportunities in Richmond. 

    Nationally, the Albanese Government is delivering significant funding increases to support local councils deliver their priority projects. 

    The Roads to Recovery program is progressively increasing from $500 million to $1 billion per year, the Road Black Spot Program is increasing from $110 million to $150 million per year, and $200 million per year is available under our Safer Local Roads and Infrastructure Program.

    Quotes attributable to Federal Minister for Regional Development and Local Government, Kristy McBain MP:

    “Justine Elliot is a strong advocate for communities in Richmond, which is why it’s fantastic to be in town with her to see local projects that she’s campaigned for progressing, and to discuss some of the region’s future priorities.

    “Like my own community, Richmond has been impacted by a number of natural disasters, which is why we’re delivering more funding to local councils to improve the safety and flood resilience of local roads, and to support priority projects that will have a lasting impact.” 

    Quotes attributable to Federal Member for Richmond, Justine Elliot MP:

    “As the Local MP, I’m proud to deliver this important funding for our community. These important funding increases from the Albanese Government have made many local projects a reality right across the North Coast.

    “I invited Minister McBain to our region to discuss how we can keep working to deliver projects that create local jobs, improve our area and keep our local economy strong.”

    Quotes attributable to Tweed Shire Mayor, Chris Cherry:

    “We thank the Australian Government for delivering on its commitment to improve our local road network – particularly for roads across the Tweed Shire that have been significantly impacted by flooding events.

    “When we work together, we get the best outcomes for our community, which is why we’ll continue to partner with the Australian Government to deliver the community infrastructure that locals need and deserve.” 

    Quotes attributable to Byron Shire Mayor, Sarah Ndiaye:

    “It’s fantastic to welcome Minister McBain to Byron Shire to highlight the significant progress we’re making with jointly funded projects, and to discuss our future priorities.

    “With the community calling on the Byron Shire Council to provide more services than ever before, we’re strengthening our partnership with the Australian Government to ensure that we can continue to deliver the projects locals want to get off the ground.”

    MIL OSI News

  • MIL-OSI New Zealand: Education – Vegetable hide-and-go-seek

    Source: Ministry of Education

    Vegetables are a major component of the meals that will be served to more than 240,000 students as part of Ka Ora, Ka Ako – the healthy school lunches programme.
    Sean Teddy, Hautū (Leader) Operations and Integration at the Ministry of Education says the meals delivered from the School Lunch Collective meet the same nutritional standards the programme has always done. These standards are based on Ministry of Health guidance. Every meal will include vegetables or salad ingredients.
    “We’re doing what a lot of parents do when they cook for their children at home – we’ll include vegetables, but they won’t always be visible. Schools have told us that that hiding the carrots, parsnip, pumpkin, spinach, cauliflower and other vegetables in the sauces works well for children,” Mr Teddy says.
    Schools say the hot meals that will be provided are popular with children and the recipes selected are the ones they know.
    Fruit and vegetable suppliers, such as Wattie’s and Fresh Connection will provide ingredients to the School Lunch Collective.
    Compared to what they get now, students in Year 0 to 3 will receive more to eat. All students will receive the same size meals – around 240g.
    “For students in Year 9 and above, two supplementary items will be served with each meal, such as baking that contains vegetables – chocolate brownie made with kumara and pumpkin is expected to be a popular choice – along with fresh fruit, or fruit yoghurt,” Mr Teddy says.
    “We will continue to support schools making lunches for their students to meet the required meal sizes and nutritional standards.
    “We’ll work closely with the School Lunch Collective to deliver high-quality meals and will monitor, measure, and respond to any requests for changes.”

    MIL OSI New Zealand News

  • MIL-OSI Australia: Scam alert: Scammers are targeting Australians in hardship

    Source: Australia Scam Watch

    Background
    Criminals are impersonating charities and offering fake financial assistance schemes to target people experiencing financial hardship.
    Trusted charities like Good Shepherd and the Salvation Army offer no interest loans. These loans support low-income earners and people in hardship who are struggling with payments or unexpected expenses.
    Criminals are pretending to offer loans from these charities. They may also impersonate government agencies and programs or other charities.

    How to spot the scam
    This scam can be hard to spot because criminals can set up fake social media accounts that look genuine.
    The scammers will ask for your identity information and myGov login details.

    How the scam works
    Criminals pretend to offer services such as no interest loans. They also offer fake emergency relief services, rental assistance, and programs such as the Australian Emergency Rental Assistance Program.
    Once the scammers get someone’s identity information, they can log into myGov accounts, lock people out, and stop people getting government benefits like Centerlink and NDIS payments. They can steal support from charities.
    Someone who is already experiencing hardship can be left without any money and be further behind on payments such as rent.

    What you should know
    Real support to people experiencing financial hardship is available, but criminals will try to target people in need.
    Check independently that an organisation offering financial help is legitimate. Don’t rely on social media advertisements. Don’t assume that someone contacting you is who they say they are.
    A real organisation will never ask for your personal information through social media.

    Find out more
    This scam is a type of impersonation scam.
    Scammers pretend they are from charity organisations. They ask for personal details so they can steal government benefits and charity support.

    Stay protected
    STOP – Don’t give money or personal information to anyone if unsure. Say no, hang up, delete.
    CHECK – Scammers pretend to be from organisations you know and trust – like your bank, charities, the police or government. If you’re not sure, call the official phone number of the organisation to check.
    PROTECT – Act quickly if something feels wrong. If you have had money or personal information stolen contact your bank and Services Australia immediately. Help others by reporting scams to Scamwatch.

    Resources for people experiencing financial hardship
    The official number for the National debt helpline is 1800 007 007.
    Call the Good Shepherd No Interest Loans (NILs) team on 13 64 57 or find a community service NILs provider near you. 

    MIL OSI News

  • MIL-OSI Security: Statement of United States Attorney Clare E. Connors Regarding November 2024 General Election

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    HONOLULU – United States Attorney Clare E. Connors announced today that Assistant United States Attorney (AUSA) Michael Nammar will lead the efforts of her Office in connection with the Justice Department’s nationwide Election Day Program for the upcoming November 5, 2024, general election. AUSA Nammar has been appointed to serve as the District Election Officer (DEO) for the District of Hawaii, and in that capacity is responsible for overseeing the District’s handling of election day complaints of voting rights concerns, threats of violence to election officials or staff, and election fraud, in consultation with Justice Department Headquarters in Washington.

    “Every citizen must be able to vote without interference or discrimination and to have that vote counted in a fair and free election,” said United States Attorney Connors. “Similarly, election officials and staff must be able to serve without being subject to unlawful threats of violence. The Department of Justice will always work tirelessly to protect the integrity of the election process.”

    The Department of Justice has an important role in deterring and combatting discrimination and intimidation at the polls, threats of violence directed at election officials and poll workers, and election fraud. The Department will address these violations wherever they occur. The Department’s longstanding Election Day Program furthers these goals and also seeks to ensure public confidence in the electoral process by providing local points of contact within the Department for the public to report possible federal election law violations.

    Federal law protects against such crimes as threatening violence against election officials or staff, intimidating or bribing voters, buying and selling votes, impersonating voters, altering vote tallies, stuffing ballot boxes, and marking ballots for voters against their wishes or without their input. It also contains special protections for the rights of voters, and provides that they can vote free from interference, including intimidation, and other acts designed to prevent or discourage people from voting or voting for the candidate of their choice. The Voting Rights Act protects the right of voters to mark their own ballot or to be assisted by a person of their choice (where voters need assistance because of disability or inability to read or write in English).

    United States Attorney Connors stated that: “The franchise is the cornerstone of American democracy. We all must ensure that those who are entitled to the franchise can exercise it if they choose, and that those who seek to corrupt it are brought to justice. In order to respond to complaints of voting rights concerns and election fraud during the upcoming election, and to ensure that such complaints are directed to the appropriate authorities, AUSA/DEO Nammar will be on duty in this District while the polls are open. He can be reached by the public at the following telephone number: 808-541-2850.”

    In addition, the FBI will have special agents available in each field office and resident agency throughout the country to receive allegations of election fraud and other election abuses on election day. The local FBI field office can be reached by the public at 808-566-4300.

    Complaints about possible violations of the federal voting rights laws can be made directly to the Civil Rights Division in Washington, DC by complaint form at https://civilrights.justice.gov/ or by phone at 800-253-3931.

    United States Attorney Connors said, “Ensuring free and fair elections depends in large part on the assistance of the American electorate. It is important that those who have specific information about voting rights concerns or election fraud make that information available to the Department of Justice.”

    Please note, however, in the case of a crime of violence or intimidation, please call 911 immediately and before contacting federal authorities. State and local police have primary jurisdiction over polling places, and almost always have faster reaction capacity in an emergency.

    MIL Security OSI

  • MIL-OSI: Planisware – Q3 2024 revenue

    Source: GlobeNewswire (MIL-OSI)

    Q3 2024 revenue of € 47.0 million

    • Year-on-year revenue growth in constant currencies of +18.7% in Q3 and +19.3% for the 9 first months of the year
    • Record high commercial pipeline but longer customer decision-making process driving delayed signature and start of new contracts
    • More cautious view on revenue growth in Q4
    • Improving profitability thanks to continuous progress in operational efficiency and better activity mix
    • Revision of 2024 objectives announced in September 2023:
      • 2024 revenue growth in constant currencies between +17% and +18%
        (vs. c. 19.5%)
      • Adjusted EBITDA margin raised to approximately 34% (vs. c. 33%)
      • Cash Conversion Rate of c. 80% confirmed

    Paris, October 23, 2024 – Planisware, a leading B2B provider of SaaS in the rapidly growing Project Economy market, announces today its revenue for the third quarter of 2024. Revenue amounted to € 47.0 million, up by +18.2% in current currencies, mainly led by the continued success of the Group’s market-leading SaaS platform. In constant currencies, revenue growth reached +18.7% (€+7.4 million) in Q3 and +19.3% (€+21.6 million) for the first nine months of the year. Recurring revenue amounted to €41.4 million in Q3 (88% of revenue) and was up by +21.2% in constant currencies.

    Loïc Sautour, CEO of Planisware, commented: “During the third quarter of 2024, Planisware delivered a solid +18.7% revenue growth in constant currencies, led by the continued success of our SaaS operations. This was a bit lower than expected due to elongated customers’ decision-making process since the end of the summer on the back of political concerns in France and difficulties seen in some of our key verticals such as automotive.

    Taking into account some uncertainties in the closing timing of delayed signatures and the start of some contracts, we adopt a cautious view for the end of the year. As a results, we now target annual revenue growth between +17% and +18% in constant currencies.

    In parallel, we continue to benefit from the evolution of our activity mix and to deliver further operational efficiencies on employee-related costs enabling to raise our 2024 profitability objective to c. 34% while confirming our cash conversion rate objective of c. 80%.

    Beyond the current quarter, we continue to build on our record high commercial pipeline fuelled by increasing demands for strategic portfolio management tools that help companies to better align their resources with strategic business goals. This dynamic is paving the way towards our ambition to be the accelerator of the Project Economy and the number one provider of multi-specialty project and portfolio management software solutions.

    Q3 2024 revenue by revenue stream

    In € million Q3 2024 Q3 2023 Variation
    YoY
    Variation
    in cc*
    Recurring revenue 41.4 34.3 +20.7% +21.2%
    SaaS & Hosting 20.8 17.1 +21.9% +22.3%
    Evolutive support 13.0 10.4 +24.6% +25.2%
    Subscription support 2.8 2.2 +29.4% +30.3%
    Maintenance 4.8 4.6 +3.8% +4.1%
    Non-recurring revenue 5.6 5.1 +8.3% +8.7%
    Perpetual license 2.0 1.3 +57.3% +58.0%
    Implementation & others non-recurring 3.5 3.8 -8.1% -7.9%
    Revenue with customers 47.0 39.4 +19.1% +19.6%
    Other revenue 0.3    
    Total revenue 47.0 39.7 +18.2% +18.7%

    * Revenue evolution in constant currencies, i.e. at Q3 2023 average exchange rates

    Reaching €47.0 million in Q3 2024, revenue was up by +18.2% in current currencies and +18.7% in constant currencies. The exchange rates effect was mostly related to the appreciation of the euro versus the US dollar and the Japanese yen compared to Q3 2023. In order to reflect the underlying performance of the Company independently from exchange rates fluctuations, the following analysis refers to revenue evolution in constant currencies, applying Q3 2023 average exchange rates to Q3 2024 revenue figures, unless expressly stated otherwise.

    Recurring revenue

    Representing 88% of Q3 2024 revenue versus 86% in Q3 2023, recurring revenue reached €41.4 million, up by +21.2%.

    Revenue growth was fully led by Planisware’s SaaS model (i.e. SaaS & Hosting and Evolutive & Subscription support) up +23.9%, with SaaS & Hosting revenue up by +22.3% thanks to contracts secured with new customers as well as continued expansion within the installed base. Revenue of support activities (Evolutive & Subscription support), intrinsically related to Planisware’s SaaS offering, grew by +26.1%.

    Maintenance revenue was up by +4.1% in the context of the Group’s shift from its prior license model to a SaaS model.

    Non-recurring revenue

    Non-recurring revenue was up by +8.7%, helped by perpetual licenses extensions and upgrades sold in Q3 2024 to established customers with specific on-premise needs.

    The continued effort to deliver shorter implementations and to bring value faster to customers continued to drive down the planned revenue decline in Implementation. At -7.9% in Q3, revenue decline was accented by delays in the start of projects.

    Confirmed leadership of Planisware

    Planisware’s broad recognition from third-party industry analysts was further confirmed by the latest 2024 Gartner® “Magic QuadrantTMfor Adaptive Project Management and Reporting report.” published on September 5, 2024 and in which Gartner reasserted Planisware as a Leader, emphasizing “robust integrations, dynamic reporting, and native collaboration functionality” and a roadmap that “includes investments to bolster objective and key result (OKR) capabilities, automate work effort tracking, and deliver additional AI-driven features”.

    2024 objectives

    During its process to prepare its IPO, Planisware communicated to investors its 2024 objectives as early as September 2023.

    Planisware communicates today a revised set of 2024 objectives to take into account the uncertainties in the closing timing of delayed signatures and the start of some contracts. The Group adopts a more cautious view for year-end revenue growth. In parallel, continuous progress in operational efficiency and improving activity mix enable Planisware to raise its profitability objective, while confirming its objective for cash generation. As a consequence, Planisware’s 2024 objectives are:

    • Revenue growth in constant currencies between +17% and +18% (c. 19.5% priorly)
    • Adjusted EBITDA margin of approximately 34% (approximately 33% priorly)
    • Cash Conversion Rate of c.80% confirmed

    Appendices

    YTD 2024 revenue by revenue stream

    In € million 9M 2024 9M 2023 Variation
    YoY
    Variation
    in cc*
    Recurring revenue 118.0 96.4 +22.5% +22.9%
    SaaS & Hosting 59.6 46.6 +27.8% +28.0%
    Evolutive support 35.9 29.8 +20.4% +21.1%
    Subscription support 8.4 6.3 +34.8% +35.0%
    Maintenance 14.1 13.6 +3.4% +3.5%
    Non-recurring revenue 15.5 15.3 +1.9% +2.0%
    Perpetual license 6.1 3.6 +70.1% +70.4%
    Implementation & others non-recurring 9.4 11.7 -19.2% -19.1%
    Revenue with customers 133.6 111.6 +19.7% +20.0%
    Other revenue 0.7    
    Total revenue 133.6 112.3 +18.9% +19.3%

    * Revenue evolution in constant currencies, i.e. at 9M 2023 average exchange rates

    Q3 2024 revenue Investors & Analysts conference call

    Planisware’s management team will host an international conference call on October 23, 2024 at 8:00am CET to details Q3 2023 performance and key achievements, by means of a presentation followed by a Q&A session. The webcast and its subsequent replay will be available on planisware.com.

    Upcoming event

    • February 27, 2025:        FY 2024 results publication

    Contact

    About Planisware

    Planisware is a leading business-to-business (“B2B”) provider of Software-as-a-Service (“SaaS”) in the rapidly growing Project Economy. Planisware’s mission is to provide solutions that help organizations transform how they strategize, plan and deliver their projects, project portfolios, programs and products.

    With more than 700 employees across 14 offices, Planisware operates at significant scale serving around 600 organizational clients in a wide range of verticals and functions across more than 30 countries worldwide. Planisware’s clients include large international companies, medium-sized businesses and public sector entities.

    Planisware is listed on the regulated market of Euronext Paris (Compartment A, ISIN code FR001400PFU4, ticker symbol “PLNW”). For more information, visit: https://planisware.com/

    Connect with Planisware on: LinkedIn and X (formerly Twitter).

    Disclaimer

    Forward-looking statements

    This document contains statements regarding the prospects and growth strategies of Planisware. These statements are sometimes identified by the use of the future or conditional tense, or by the use of forward-looking terms such as “considers”, “envisages”, “believes”, “aims”, “expects”, “intends”, “should”, “anticipates”, “estimates”, “thinks”, “wishes” and “might”, or, if applicable, the negative form of such terms and similar expressions or similar terminology. Such information is not historical in nature and should not be interpreted as a guarantee of future performance. Such information is based on data, assumptions, and estimates that Planisware considers reasonable. Such information is subject to change or modification based on uncertainties in the economic, financial, competitive or regulatory environments.

    This information includes statements relating to Planisware’s intentions, estimates and targets with respect to its markets, strategies, growth, results of operations, financial situation and liquidity. Planisware’s forward-looking statements speak only as of the date of this document. Absent any applicable legal or regulatory requirements, Planisware expressly disclaims any obligation to release any updates to any forward-looking statements contained in this document to reflect any change in its expectations or any change in events, conditions or circumstances, on which any forward-looking statement contained in this document is based. Planisware operates in a competitive and rapidly evolving environment; it is therefore unable to anticipate all risks, uncertainties or other factors that may affect its business, their potential impact on its business or the extent to which the occurrence of a risk or combination of risks could have significantly different results from those set out in any forward-looking statements, it being noted that such forward-looking statements do not constitute a guarantee of actual results.

    Rounded figures

    Certain numerical figures and data presented in this document (including financial data presented in millions or thousands and certain percentages) have been subject to rounding adjustments and, as a result, the corresponding totals in this document may vary slightly from the actual arithmetic totals of such information.

    Variation in constant currencies

    Variation in constant currencies represent figures based on constant exchange rates using as a base those used in the prior year. As a result, such figures may vary slightly from actual results based on current exchange rates.

    Non-IFRS measures

    This document includes certain unaudited measures and ratios of the Group’s financial or non-financial performance (the “non-IFRS measures”), such as “recurring revenue”, “non-recurring revenue”, “gross margin”, “Adjusted EBITDA”, “Adjusted EBITDA margin”, “Adjusted Free Cash Flow”, “cash conversion rate”, “churn rate” and “Net Retention Rate” (or “NRR”). Non-IFRS financial information may exclude certain items contained in the nearest IFRS financial measure or include certain non-IFRS components. Readers should not consider items which are not recognized measurements under IFRS as alternatives to the applicable measurements under IFRS. These measures have limitations as analytical tools and readers should not treat them as substitutes for IFRS measures. In particular, readers should not consider such measurements of the Group’s financial performance or liquidity as an alternative to profit for the period, operating income or other performance measures derived in accordance with IFRS or as an alternative to cash flow from (used in) operating activities as a measurement of the Group’s liquidity. Other companies with activities similar to or different from those of the Group could calculate non-IFRS measures differently from the calculations adopted by the Group.

    Non-IFRS measures included in this document are defined as follows:

    • Adjusted EBITDA is calculated as Current operating profit including share of profit of equity-accounted investees, plus amortization and depreciation as well as impairment of intangible assets and property, plant and equipment, plus either non-recurring items or non-operating items.
    • Adjusted EBITDA margin is the ratio of Adjusted EBITDA to total revenue.
    • Adjusted FCF (Free Cash Flow) is calculated as cash flows from operating activities, plus IPO costs paid, if any, less other financial income and expenses classified as operating activities in the cash-flow statement, and less net cash relating to capital expenditures.
    • Cash Conversion Rate is defined as Adjusted FCF divided by Adjusted EBITDA. Planisware considers Cash Conversion Rate to be a meaningful financial measure to assess and compare the Group’s capital intensity and efficiency.
    • Net cash position is defined as Cash minus indebtedness excluding lease liabilities.

    Attachment

    The MIL Network

  • MIL-OSI: WithSecure Interim report 1 January – 30 September 2024: Elements software continues growth, profitability maintained despite challenges in services

    Source: GlobeNewswire (MIL-OSI)

    WithSecure Corporation, Interim report 1 January – 30 September 2024, 23 October 2024 at 8.00 EEST

    WithSecure Interim report 1 January – 30 September 2024: Elements software continues growth, profitability maintained despite challenges in services

    Highlights of July – September 2024 (“third quarter”)

    • Annual Recurring Revenue (ARR)1 for Elements Cloud products and services2 increased by 11% to EUR 81.8 million (EUR 73.8 million)
    • Elements Cloud ARR decrease from previous quarter was 1%
    • Net Revenue Retention for Elements Cloud was 104%
    • Revenue for Elements Cloud increased by 9% to EUR 20.7 million (EUR 19.0 million)
    • ARR for Cloud Protection for Salesforce increased by 38% to EUR 10.2 million (EUR 7.4 million)
    • CPSF Revenue increased by 20% to EUR 2.4 million (EUR 2.0 million)
    • Cyber security consulting revenue declined by 1% to EUR 7.5 million (EUR 7.7 million)
    • Adjusted EBITDA for WithSecure was EUR 1.9 million (EUR -2.3 million)
    • Items affecting comparability (IAC) of EBITDA were EUR -0.4 million (EUR -0.2 million).
    • Consulting-related goodwill was impaired by EUR 15.5 million in the third quarter
    1. Annual recurring revenue (ARR) of cloud products is calculated by multiplying monthly recurring revenue of last month of quarter by twelve.  Monthly recurring revenue includes recognized revenue within the month excluding non-recurring revenue
    2. Elements Cloud includes Elements Cloud portfolio software and services as well as the managed services

    Highlights of January – September 2024

    • Revenue for Elements Cloud products and services increased by 10% to EUR 61.8 million (EUR 56.4 million)
    • CPSF revenue increased by 5% to EUR 6.6 million (EUR 6.3 million)
    • Cyber security consulting revenue increased by 2% to EUR 23.6 million (EUR 23.2 million)
    • Adjusted EBITDA for WithSecure was EUR 0.7 million (EUR -16.3 million)
    • Items affecting comparability (IAC) of EBITDA were EUR -0.9 million (EUR -3.4 million).

    Outlook for 2024

    Outlook for 2024 (updated on 11 October 2024)
    Annual recurring revenue (ARR) for Elements Cloud products and services will grow by 6–14 % from the end of 2023. At the end of 2023, Elements Cloud ARR was EUR 78.4 million.

    Revenue from Elements Cloud products and services will grow by 8–12 % from previous year. Previous year revenue from Elements Cloud was EUR 76.1 million.

    Total revenue of the group will grow by 2– 5 % from previous year. Previous year revenue of the group was EUR 142.8 million.

    Adjusted EBITDA of full year 2024 will be positive.

    Outlook for 2024 (previous)
    Annual recurring revenue (ARR) for Elements Cloud products and services will grow by 10–20 % from the end of 2023. At the end of 2023, Elements Cloud ARR was EUR 78.4 million.

    Revenue from Elements Cloud products and services will grow by 10–16 % from previous year. Previous year revenue from Elements Cloud was EUR 76.1 million.

    Total revenue of the group will grow by 6–12 % from previous year. Previous year revenue of the group was EUR 142.8 million.

    Adjusted EBITDA of full year 2024 will be positive.

    Figures in this report are unaudited. Figures in brackets refer to the corresponding period in the previous year, unless otherwise stated. Percentages and figures presented may include rounding differences and might therefore not add up precisely to the totals presented.

    CEO Antti Koskela

    In the third quarter of 2024, WithSecure ARR for Elements Cloud products and services grew by 11 % to EUR 81.8 million (EUR 73.8 million). Elements Cloud revenue grew by 9 % to EUR 20.7 million (EUR 19.0 million). Despite the slightly disappointing revenue growth, profitability of both Elements Company segment and WithSecure Group was positive at the Adjusted EBITDA level. Cloud Protection for Salesforce business returned to the growth track, with ARR growth of 38 %.

    In the Elements Company, Elements software continued to perform with good year-on-year growth. In the DACH (Germany, Austria, Switzerland) region, the revenue growth slowed down slightly, mostly due to the weakness of the German economy. In other European regions and Japan, the revenue and ARR growth continued. In Managed services, some large customers churned during third quarter. This development was affected by our increasing focus on selling managed services to mid-market customers through the Elements platform. However, despite the increase in the number of customers, revenue did not fully compensate for the churned accounts. Of the geographic regions, mostly the UK and the US have been impacted by the Managed services development.

    Exposure Management, introduced in SPHERE’24 reached General Availability during the third quarter. The customer demand for the newest module of Elements has remained high. Also, our AI assistant Luminen became available for all Elements customers in the third quarter.

    Elements Company Adjusted EBITDA was EUR 2.0 million (EUR -0.5 million), as a result of the cost savings of 2023 and continuous efficiency measures.

    In Cloud Protection for Salesforce (CPSF), focused efforts on improving sales efficiency resulted in breaking through the 10 million ARR threshold. ARR grew by 38 % to EUR 10.2 million (EUR 7.4 million). Revenue grew by 20 % to EUR 2.4 million (EUR 2.0 million). We continue to develop CPSF as an independent business in WithSecure. Profitability of the CPSF is moving towards break-even with the improving revenue.

    Cyber security consulting revenue was slightly below previous year’s level and was EUR 7.5 million (EUR 7.7 million). In some key accounts, we saw financial constraints in the third quarter. In the long term, we continue to see solid demand for cyber security consulting service. As announced on 31 October 2023, the Cyber security consulting business is under strategic review. We are in active discussions regarding divestment of the business, but no decision has been taken so far.

    Due to the gaps between actual and expected revenue, we lowered the financial outlook for 2024. For the changes in consulting revenue estimates and increased equity market risk, we recorded an impairment of the consulting-related goodwill of EUR 15.5 million in the third quarter.

    At the end of September, WithSecure’s headquarters moved to the new premises in Wood City, Helsinki. This is part of our plan of creating dynamic and collaborative workplaces, to welcome our employees and visitors and to foster well-being and creativity.

    Financial performance

    (mEUR) 7-9/2024 7-9/2023 Change % 1-9/2024 1-9/2023 Change % 1-12/2023
    Revenue 36.1 34.8 4% 109.2 104.8 4% 142.8
    Gross Margin 26.2 24.2 9% 78.4 72.6 8% 100.2
    % of revenue 72.6 % 69.5 %   71.8 % 69.3 %   70.2 %
    Other operating income1 0.7 0.2 227% 1.6 1.0 53% 1.4
    Operating expenses1 -25.0 -26.6 6% -79.2 -90.0 12% -117.7
    Sales & Marketing -13.7 -15.2 10% -42.9 -52.4 18% -68.1
    Research & Development -8.4 -8.2 3% -26.5 -27.6 4% -36.3
    Administration -3.0 -3.3 10% -9.8 -10.0 2% -13.3
    Adjusted EBITDA2 1.9 -2.3 182% 0.7 -16.3 -104% -16.1
    % of revenue 5.2 % -6.5 %   0.7 % -15.6 %   -11.3 %
    Items affecting comparability (IAC)              
    Other items -0.6 -0.1 -468% -1.6 -0.4 -301% -1.4
    Restructuring -0.4 -0.1 -303% -0.4 -4.4 90% -8.9
    Divestments 0.6     1.2 1.4 -15% 1.4
    EBITDA 1.5 -2.5 -160% -0.1 -19.7 99% -25.1
    % of revenue 4.1 % -7.1 %   -0.1 % -18.8 %   -17.6 %
    Depreciation & amortization, excluding PPA3 -2.6 -2.5 -5% -7.4 -7.6 2% -10.2
    Impairment -15.5 -6.2 -150% -15.5 -6.2 -150% -6.2
    PPA amortization -0.5 -0.6 15% -1.7 -1.8 4% -2.4
    EBIT -17.2 -11.8 46% -24.8 -35.3 30% -43.9
    % of revenue -47.5 % -33.8 %   -22.7 % -33.7 %   -30.7 %
    Adjusted EBIT2 -0.8 -4.8 84% -6.7 -23.9 72% -26.3
    % of revenue -2.1 % -13.7 %   -6.1 % -22.8 %   -18.4 %
    1. Excluding Items Affecting Comparability (IAC) and depreciation and amortization. In 2023 excludes also costs of services provided to F-Secure under TSA and equivalent income charged for TSA services. 
    2. Adjustments are material items outside the normal course of business associated with acquisitions, integration, restructuring, gains or losses from sales of businesses and other items affecting comparability. For reconciliation and a breakdown of adjusted costs, see Note 6 (Reconciliation of alternative performance measures)
    3. Amortization of intangible assets from business combinations (PPA, purchase price allocation, related amortizations). 
    (mEUR) 7-9/2024 7-9/2023 Change % 1-9/2024 1-9/2023 Change % 1-12/2023
    Earnings per share, (EUR)1 -0.10 -0.06 -69% -0.13 -0.16 18% -0.23
    Deferred revenue       65.7 65.7 0% 66.9
    Cash flow from operations before financial items and taxes -0.6 -9.0 94% -5.7 -22.5 75% -19.9
    Cash and cash equivalents       21.6 30.0 -28% 36.6
    ROI, % -60.8 % -33.3 % -82% -27.1 % -30.9 % 12% -30.5 %
    Equity ratio, %       66.6 % 79.1 % -16% 73.3 %
    Gearing, %       4.0 % -18.3 % -122% -22.2 %
    Personnel, end of period       983 1,147 -14% 1,087
    1. Based on the weighted average number of outstanding shares during the period 175,976,169 (1-9/2024). Earnings per share has been recalculated for comparative periods using average weighted share amount after share issues.

    Events after period-end
    No material changes regarding the company’s business or financial position have taken place after the end of the quarter.

    Additional information
    This is a summary of WithSecure’s interim report 1 January – 30 September 2024. The full report is a PDF file attached to this stock exchange release. Full report is also available on the company website.

    Webcast
    WithSecure’s CEO Antti Koskela and CFO Tom Jansson will present the results in a webcast on 23 October starting at 14.00 EEST. The webcast will be held in English and can be accessed at

    https://withsecure.videosync.fi/q3-2024

    Questions in written format are requested in the webcast portal. Presentation material and the webcast recording will be available on the company website

    Materials | Investor Relations | WithSecure™

    Financial calendar
    WithSecure will publish its financial information dates of 2025 later in the fourth quarter of 2024. WithSecure observes at least a three-week (21 days) silent period prior to publication of financial reports, during which it refrains from engaging in discussions with capital market representatives or the media regarding WithSecure’s financial position or the factors affecting it.

    Contact information

    Tom Jansson, CFO
    WithSecure Corporation

    Laura Viita, VP, Controlling, investor relations and sustainability
    WithSecure Corporation
    +358 50 487 1044
    investor-relations@withsecure.com

    Attachment

    The MIL Network

  • MIL-OSI Asia-Pac: LC: Speech by CS in presenting Government Minute in response to Report No. 82 of Public Accounts Committee

    Source: Hong Kong Government special administrative region

         Following is the speech (translated from Chinese) by the Chief Secretary for Administration, Mr Chan Kwok-ki, in presenting the Government Minute in response to Report No. 82 of the Public Accounts Committee in the Legislative Council today (October 23):

    President, 

         Laid on the table today is the Government Minute (GM) responding to Report No. 82 of the Public Accounts Committee (PAC) presented to the Legislative Council (LegCo) on July 17, 2024.

         I welcome the Report of the PAC and am grateful for the time and efforts devoted by the Chairman of the PAC, Mr Shiu Ka-fai, and members of the PAC. The Government accepts all the PAC’s various recommendations and sets out in detail in the GM the specific responses of the relevant bureau and departments (B/Ds). The PAC conducted public hearings on the chapters on “Emergency dental services and elderly dental care support” and “Provision and monitoring of Rehabus services”. I would like to highlight the key follow-up measures taken and progress made by the Government and relevant organisations in response to the recommendations.

         Regarding improvements to the services of the General Public (GP) Sessions, the Department of Health (DH) has adjusted the preliminary registration time at nine dental clinics to prevent elderly persons from waiting until midnight. Among these, the time of disc distribution and formal registration at the Mona Fong Dental Clinic have also been adjusted so that patients can receive service after formal registration as soon as possible. The DH will roll out an online electronic disc distribution and registration system before the end of this year. By then, members of the public will no longer need to queue in person for obtaining discs, and will receive real-time information on the remaining disc quotas, i.e. they will know the number of disc quotas remaining on a real-time basis, so as to ensure that all quotas can be fully utilised. The system will give registration priority to elderly persons aged 65 or above. In addition, the Government will enhance emergency dental services targeting the underprivileged groups with financial difficulties in collaboration with non-governmental organisations (NGOs) under a new service model in 2025. The target is to provide additional service capacity which will be at least two times the current capacity of GP sessions. To ensure limited resources can be deployed to those in need (in particular the underprivileged groups), the Government will examine the cost-effectiveness and service arrangement of the GP sessions, and consider the need of introducing means tests or other eligibility criteria for emergency dental services, or other proposals such as replacement by provision of services to underprivileged groups in need by NGOs. This is to ensure the effective use of public healthcare resources.

         Regarding dental services in public hospitals, the DH has convened joint service meetings with the Hospital Authority (HA) and maintained relevant information as recommended in the Report. The HA also regularly monitors the achievement of targets on the waiting time for new case appointments at its Oral Maxillofacial Surgery and Dental Clinics, and assess patients’ conditions in a timely manner so as to arrange their first appointments as soon as possible. Furthermore, the DH and the HA have initiated discussions on the merging of hospital dental services and will take into account the observations and recommendations in the Audit Report.

         To alleviate the manpower shortage, the DH is conducting the year-round recruitment of local full-time and part-time dentists, provides incremental credits based on the applicants’ work experience, and relaxes the Chinese language proficiency entry requirements for the positions. The latest batch of 10 part-time contract dentists took office sequentially from July to September 2024, and 42 full-time dentists took office in September 2024. In addition, following the passage of the Dentists Registration (Amendment) Bill 2024 by the LegCo on July 10, 2024, the DH has been working with the Dental Council of Hong Kong to admit the first batch of non-locally trained dentists to Hong Kong through the new mechanism in the first quarter of 2025 so as to serve the public.

         As for elderly dental care support, the DH has further ascertained the reasons for non-participation in the Outreach Dental Care Programme for the Elderly (ODCP) of residential care homes for the elderly (RCHEs), day care centres for the elderly, and NGOs. The DH has also established a new mechanism with the Social Welfare Department to follow up with non-participating RCHEs and strengthen promotional work in encouraging the RCHEs to join the ODCP. Moreover, the DH has taken measures to ensure the participating NGOs’ fulfilment of their responsibilities according to the funding and service agreement terms. Except for during the COVID-19 epidemic when there were restrictions on visits to the RCHEs, the overall target number of service in 2023-24 were met.

         The DH has encouraged more private dentists to enrol in the Elderly Health Care Voucher Scheme (EHVS) through various means, such as introducing the EHVS at meetings or events organised by the Hong Kong Dental Association. The DH will continue to send reminder notifications and messages through the eHealth System (Subsidies) to healthcare service providers enrolled in the Scheme regularly, reminding them to update their enrolment particulars. Upon receiving notifications of change of particulars from healthcare service providers, the DH will process them and update the information on the website of the EHVS as soon as practicable. In addition to making use of private dental services in Hong Kong, eligible elderly persons may make use of the Elderly Health Care Vouchers (EHCVs) to pay for outpatient dental services at the University of Hong Kong-Shenzhen Hospital (HKU-SZH) and its Huawei Li Zhi Yuan Community Health Service Center (Huawei CHC) since 2015 and 2023 respectively. Moreover, the Government launched the Elderly Health Care Voucher Greater Bay Area Pilot Scheme (Pilot Scheme) in 2024. From June to September this year, the Pilot Scheme has been implemented in seven integrated services medical institutions or dental healthcare institutions that provide dental services in Guangzhou, Nansha, Zhongshan, Dongguan and Shenzhen, and eligible Hong Kong elderly persons may choose from more service points. Together with the two service points at the HKU-SZH and the Huawei CHC, elderly persons may pay for outpatient dental service fees with the EHCVs at a total of nine services points of the medical institutions in Mainland cities within the Greater Bay Area.

         Regarding the Elderly Dental Assistance Programme (EDAP) funded by the Community Care Fund, the services under the programme have been optimised from July 2, 2024 with the essential requirement of fitting removable dentures relaxed. This allows eligible elderly persons to receive dental services specified under the EDAP even if they are not suitable for dentures. This enhancement measure aims to encourage eligible elderly persons to manage dental diseases at an early stage by opting for preventive and curative dental services, thereby retaining their natural teeth as much as possible and avoiding tooth extractions and denture fittings. To further encourage the elderly persons to apply for services under the EDAP, the Health Bureau (HHB) is promoting the above programme through district service units. The implementing agent has held briefing sessions to introduce the EDAP to dentists and encourage their participation. Apart from strengthening its communication with the implementing agent, the HHB has taken measures to ensure that improvements have been made to the EDAP implementation, including enhancing the eligibility checking mechanism to cover all eligibility criteria, publishing a list of participating dentists and dental clinics, and revising the guidelines provided to service units to specify the appointment scheduling process for applicants who have not indicated their preferred dentist and dental clinic. To expedite the processing of long outstanding cases, the implementing agent has amended the guidelines issued to dentists and dental clinics to clearly include the time limit for claiming fees, and has increased manpower and enhanced computer performance.

         Based on the recommendations of the Working Group on Oral Health and Dental Care, the Government will strive to develop and promote primary dental care services in the future to help citizens manage their oral health, and to put prevention, early identification, and timely intervention of dental diseases into practice. The Government will also explore how to continue developing appropriate dental care services targeted at the underprivileged groups, including persons with financial difficulties, persons with disabilities or special needs and high risk groups. The target of the Working Group is to issue the Final Report before the end of its term by late 2024, and to present to the Government recommendations on implementing various policy directions and the development of dental services.

         Regarding Provision and monitoring of Rehabus services, the Labour and Welfare Bureau (LWB) and the Transport Department (TD) have actively followed up on the comments and recommendations made by the Audit Commission and the PAC on the provision and monitoring of Rehabus services.

         The TD is collecting data on the travelling needs of persons with disabilities through the Rehabus operators (the operators) for assessing the demand for Rehabus services. The LWB will review the policy and models of service delivery of Rehabus services upon receipt of relevant data and assessment. The TD is also reviewing the existing arrangement of signing Memoranda of Understanding (MOUs) with the operators and considering the adoption of other legally binding regulatory approaches for more effective monitoring of Rehabus services.

         To monitor the performance of the operators, the TD implemented various measures to ensure the operators’ strict compliance with the requirements stipulated in MOUs, including convening meetings of the Rehabus Management Committee and the Users’ Liaison Group as required, submitting the financial documents in a timely manner, etc. The TD also increased its regular meetings with the operators from once every quarter to once a month, and will conduct service reviews on an annual basis and set additional performance pledges.

         Regarding the procurement of vehicles, the TD updated the relevant procurement guidelines with the operators and formulated an action checklist to ensure that staff concerned strictly comply with the relevant procurement requirements and procedures.

         As regards the provision of scheduled route service, the TD is closely monitoring the operator’s review of the existing services and progress of route consolidation. In addition, as per the TD’s advice, the operator has provided connecting services to nearby railway stations or interchanges since September 2024 as an option for applicants who have been waiting for the service for some time. This arrangement will help reduce the number of applicants for the service, hence will shorten the waiting time as well.

         As for the provision of dial-a-ride (DAR) service, the TD urged the operator to step up its efforts in recruiting drivers. The shortage of drivers has improved, and the rate of rejected orders of DAR service due to insufficient drivers also dropped. The TD is also closely monitoring the operator’s adoption of the new integrated computer system in arranging shared-use service, with a view to exploring the feasibility of further enhancing the shared-use arrangement.

         Regarding the provision of feeder service, the TD reviewed with the operator the hospital routes and recreational routes with low patronage, and will continue to consolidate and enhance the service to improve operational efficiency. Subject to the manpower arrangement of drivers, the TD is also exploring with the operator the feasibility of further shortening the booking time of recreational route service.  Furthermore, the TD explored with the operators the setting of a limit on the maximum number of carers for DAR service and feeder service, and will consult the stakeholders in due course. The TD will continue to monitor the operator’s implementation of various service enhancement pledges, increase the number of monitoring surveys, step up spot checks on the operator and accounting records, etc.

         President, I would like to thank the PAC again for its efforts and suggestions. The B/Ds concerned will strictly adhere to their responses and implement various improvement measures as set out in the GM with full efforts.

         Thank you, President.

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: Serious assault at Elizabeth

    Source: South Australia Police

    Three teenagers have been arrested following an assault at Elizabeth this afternoon.

    Just after 2.30pm on Wednesday 23 October, police were called to a shopping centre on Elizabeth Way following reports of a disturbance between a group of youths in the food court.

    ​During the altercation, a boy was allegedly stabbed in the torso.

    ​A 18 -year-old boy was taken to hospital for treatment of serious injuries.

    ​Police located the suspects nearby.

    Three teenage boys have been arrested, 17-year-old from Salisbury East, a 16-year-old boy from Brahma Lodge and a 14-year-old from Elizabeth Vale.

    ​They are expected to be charged later today.

    ​Police are investigating the incident and will review CCTV footage to identify other people involved in the assault.

    ​There was no disruption caused to centres trading.

    Police ask if anyone witnessed the assault to please call Crime Stoppers on 1800 333 000 or online at http://www.crimestopperssa.com.au – you can remain anonymous.

    MIL OSI News

  • MIL-OSI Asia-Pac: LCQ3: Legislative Council General Election

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Stanley Ng and a reply by the Secretary for Constitutional and Mainland Affairs, Mr Erick Tsang Kwok-wai, in the Legislative Council today (October 23):
     
    Question:
     
         The National People’s Congress passed a Decision on improving the electoral system of the Hong Kong Special Administrative Region in March 2021 to fully implement the principle of “patriots administering Hong Kong”. Subsequently, the SAR Government completed the work of amending the relevant local electoral legislation in accordance with Annexes ‍I and II to the Basic Law as amended by the Standing Committee of the National People’s Congress. On the other hand, the current term of the Legislative Council (LegCo) will end on December 31 next year, and the LegCo General Election will be held at the end of next year. There are views that the LegCo General Election is an important aspect of implementing the principle of patriots administering Hong Kong and promoting good governance of the SAR Government, and there must not be any chance of a mishap. In this connection, will the Government inform this Council:
     
    (1) with reference to the overwhelming publicity for the 2023 District Council Ordinary Election, how the Government will further step up the efforts in the publicity for the LegCo General Election next year, so as to enhance the atmosphere of the election and call upon more electors to actively participate in voting to elect patriotic and capable people to participate in the work of LegCo;
     
    (2) as the Government has indicated that it will expand the application of information technology to make elections more efficient and user-‍friendly, of the new information technology that the Government will consider applying in the LegCo General Election to be held next year, so as to enhance the effectiveness of the election; and
     
    (3) with reference to past electoral experience, how the Government assesses and resolves the potential risks in the LegCo General Election to be held next year, so as to ensure that the election will not be subject to external interference and will be conducted in a safe, orderly and fair manner?
     
    Reply:
     
    President,
     
         After the improvement of the electoral system in 2021 and the improvements in district governance and reforms to the District Councils in 2023, the electoral system of the Hong Kong Special Administrative Region (HKSAR) has been improved. The HKSAR Government has successfully held five important elections, allowing Hong Kong to achieve good governance as well as entering the stage from stability to prosperity. As President Xi Jinping stated: “The new electoral system is a political and democratic system that aligns with the principle of ‘one country, two systems’, fits the realistic conditions of Hong Kong, and meets the developmental needs of Hong Kong, which must be treasured and adhered to in the long term.”
     
         In response to the questions raised by the Hon Stanley Ng, the replies are as follows:
     
    (1) The HKSAR Government has emphasised time and again that the electoral system of the HKSAR is crucial to the stability of “one country, two systems”, and to the good governance and long-term stability of the HKSAR. The improved electoral system not only safeguards the security of the country’s political power, but also fully implements the principle of “patriots administering Hong Kong”, which protects the jurisdiction of the HKSAR, as well as the harmony and stability of Hong Kong and the well-being of the public. The new electoral system has also demonstrated its characteristics and advantages of broad representativeness, political inclusiveness, balanced participation and fair competition, laying a solid foundation for the long-term and healthy development of democracy in Hong Kong. For this reason, the Government has spared no effort in publicising and promoting the new electoral system, so that members of the public can fully understand that the new electoral system is closely related to them and its importance. In particular, whenever large-scale public elections are held, the HKSAR Government will launch massive publicity campaigns to create a heated election atmosphere in the whole community, so that the public will be keenly concerned about and participate in the elections enthusiastically, so as to elect people who are trustworthy and genuinely committed to contributing to our country and Hong Kong to take up the relevant seats.
     
         Take last year’s District Council Election (DCE) as an example, a number of innovative and diversified approaches were adopted in the publicity work, such as the “Night Vibes DCE”, “DCE into the Community” and the “Build a Better Community Gala”, which were brand new, down-to-earth and in close proximity to the public; in addition to the distribution of thank you cards to voters and the setting up of “check-in” spots, which were well received by the public and had a very satisfactory effect on the overall publicity work. Various government bureaux and departments have also made concerted efforts to launch various forms of election publicity activities, resulting in a pervasive election atmosphere in the whole community, and the effectiveness of which is evident to all.
     
         In view of the importance of elections and the successful experience gained in the past, the Government will continue to conduct publicity works for future public elections, such as the Legislative Council General Election (LCGE) to be held next year, through various innovative, diversified and down-to-earth means, with a view to launching more highlight activities to create a strong election atmosphere, so as to enhance the public’s awareness of the elections on the one hand, and to increase their attention to and participation in the elections on the other.
     
         At present, we are conducting a detailed review and optimising the planning of the arrangements for the various processes of the election, including the publicity work for the LCGE, etc. We will consult the Legislative Council as soon as possible when we have any specific ideas at a later stage.
     
    (2) Since the improvement of the electoral system, the HKSAR Government has also been striving to optimise and enhance the various arrangements for elections, so as to ensure that elections are conducted in a fair, just and honest manner, and at the same time, to have efficiency and user-friendliness constantly enhanced. For example, the Registration and Electoral Office (REO) has introduced an electronic poll registration system since 2021, which is much more efficient and accurate than the previous mode of manual ballot paper distribution, thus significantly reduced the time for electors to queue up for ballot paper distribution and casting their votes.
     
         In addition, during last year’s DCE, the REO set up an online booking platform for electors to register for the use of the near boundary polling stations, so as to facilitate members of the public to plan their itinerary for the election day well in advance. A dedicated website was also provided to allow electors to check the real-time queuing hours of the polling stations, so as to facilitate the planning of polling arrangements by electors. In addition, the REO has also set up additional electronic ballot paper checking devices at the polling stations for the electors of the District Council constituencies to ensure that the ballot papers are properly and validly marked. Starting from this year, the Government’s “iAm Smart” application has been fully integrated into the voter registration process for providing a more convenient experience to the applicants.
     
         At present, we are conducting a comprehensive review of the various electoral processes and considering the introduction of appropriate information and intelligent technologies in the light of the actual situation. However, when considering the specific arrangements, we shall give holistic consideration to the application of technology, enhancement of efficiency, safety and security, privacy protection and public perception, and strike a proper balance to ensure the safe and orderly conduct of the election. We will consult members of the Legislative Council again when we have come up with the specific arrangements later.
     
    (3) With the electoral system imrpoved and the principle of “patriots administering Hong Kong” fully implemented, the governance of the HKSAR is now firmly in the hands of the patriots. In regard to the LCGE to be held next year, the systemic safeguard of the political system can be categorised into the following four levels:
     
         (i) candidates must be nominated by two to four members of the Election Committee from each sector. All Election Committee members are patriots who love Hong Kong and will exercise stringent gate-keeping in making nominations, so as to ensure that those who are not patriots and do not love Hong Kong will be excluded;
     
         (ii) the eligibility of candidates will be checked and confirmed by the “Candidate Eligibility Review Committee” to ensure that the statutory requirements of upholding the Basic Law and bearing allegiance to the HKSAR of the People’s Republic of China (PRC) are met;
     
         (iii) candidates will be required to take the oath to uphold the Basic Law and bear allegiance to the HKSAR of the PRC in accordance with the law when standing for election and assuming office, and the oath will be confirmed by the Commissioner for Oaths to be valid; and
     
         (iv) even after the assumption of office, if the candidate concerned has acted in breach of the oath, the Government may activate the statutory procedures to disqualify the relevant person from the office in accordance with the law.
     
         In respect of electoral arrangements, the REO has all along maintained close liaison with the police and other law-enforcement agencies, and has put in place an established mechanism for collecting and analysing intelligence to objectively assess the risk of an election being obstructed, interfered with, disrupted or seriously affected, and to take measures as appropriate to mitigate the relevant risks and hazards, as well as to draw up various contingency plans to cope with any unforeseen circumstances.
     
         In addition, since the last DC election, the Constitutional and Mainland Affairs Bureau, in conjunction with the Information Services Department and other relevant departments, has set up a rapid response team before and after the election day to closely monitor and pay attention to various types of information during the election period, and to swiftly and effectively refute or clarify all kinds of false or inaccurate information or comments, so as to ensure that the election will not be affected.

         Thank you, President.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: FS begins New York visit

    Source: Hong Kong Information Services

    Financial Secretary Paul Chan has begun a visit to New York by delivering a keynote speech at the Bloomberg Global Regulatory Forum on the theme of how to build a future-proof financial system.

    Mr Chan outlined that despite facing various challenges in recent years, Hong Kong’s economic and financial fundamentals remain strong and resilient.

    He highlighted that data, in addition to international rankings and assessments, show that Hong Kong continues to play an important role in the global financial market and serve as a leading international financial centre in Asia. He added that its levels of economic freedom and competitiveness are among the highest in the world, and that recent inflows of investment from the US and Europe reflect confidence in the city.

    Mr Chan also iterated that thanks to the “one country, two systems” arrangement and China’s pursuit of high-level opening-up, Hong Kong’s unique advantages will only become more evident, making the city better able to fulfil its role as a “super-connector.”

    In his speech, Mr Chan also elaborated on Hong Kong’s robust financial regulation.

    He said that as a small and fully open economy, the city has learned from past experience how to respond to external shocks and market volatility. This has been achieved through identifying and addressing systemic weaknesses, establishing a cross-sectoral, co-ordinated and round-the-clock risk detection and monitoring system, and building strong buffers to respond to various risks and challenges.

    The Financial Secretary emphasised that the ultimate goal of financial regulation is to promote healthy and sustainable market development, which is why Hong Kong’s financial regulators take on dual roles as both regulators and market enablers. He explained that this requires them to establish an agile and forward-looking regulatory regime, respond swiftly to market changes, and embrace technological innovation, with a view to creating the conditions for a thriving market and promoting the financial system’s long-term development.

    Finally, Mr Chan shared two key future development directions for Hong Kong – namely that it will continued to deepen various “connect” schemes and strengthen links and regulatory co-operation with Mainland and global capital markets; and that it will embrace innovation, which includes enabling the responsible and sustainable development of digital assets.

    Prior to giving his speech, Mr Chan met Founder of Bloomberg L.P. and Bloomberg Philanthropies Michael Bloomberg to exchange views on issues of mutual concern.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Kowloon City youth hostel approved

    Source: Hong Kong Information Services

    The Home & Youth Affairs Bureau today approved a youth hostel project located in the Regal Oriental Hotel in Kowloon City, with a total of 80 rooms that will provide up to 160 hostel places.

    Named YOT Hub, the project is the fifth one under the Subsidy Scheme for Using Hotels & Guesthouses as Youth Hostels

    The project will be launched by the Yan Oi Tong company and the Regal Hotels Group.

    One of the features of the project is to help youth tenants enrich their understanding of the national development opportunities through trainings, and exchange and internship programmes.

    It will also provide young people with self-enhancement and support services in different aspects, such as financial management courses, career development workshops and mental health seminars.

    In addition, Yan Oi Tong will form a youth service team and invite young people to collaborate in organising community activities.

    It also plans to arrange volunteer services regularly to encourage young people to contribute to the community and establish their sense of belonging to society and responsibility.

    The bureau said YOT Hub is well connected by public transport with comprehensive community facilities in the vicinity.

    It added that the project not only provides young people with a comfortable living environment but also enables them to broaden their horizons and achieve their personal development goals through various self-enhancement activities. 

    The bureau expressed that it is delighted that the subsidy scheme continues to gain support from hotel and guesthouse operators to provide youth with an enabling environment and hope for the future.

    It added that it intends to continue to collaborate with relevant stakeholders who share its vision to take forward youth hostel projects.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: BL test for teachers scheduled

    Source: Hong Kong Information Services

    The second sitting of the Basic Law & National Security Law Test (BLNST) in the 2024-25 school year is scheduled for December 15, the Education Bureau (EDB) announced today.

    Applications can be made from Friday until November 7. 

    Target participants for this round of the test are bachelor’s degree holders, or students who will attain a bachelor’s degree in 2025 or 2026, who plan to join or change to another secondary school, primary school or kindergarten to take up a teaching post.

    Limited places for the test will be available on a first come, first served basis.

    Those who have obtained a pass result in a test organised by the EDB, the Civil Service Bureau or a recruiting department or grade, will not be accepted to sit for it again. 

    The third, fourth and fifth sittings of the test will be held in April, June and July next year. Relevant arrangements will be announced in due course.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: 2024-25 judicial service pay adjustment

    Source: Hong Kong Government special administrative region

    2024-25 judicial service pay adjustment
    2024-25 judicial service pay adjustment
    ***************************************

         On the recommendation of the Standing Committee on Judicial Salaries and Conditions of Service (Judicial Committee) chaired by Dr Clement Chen, the Chief Executive in Council has decided that the pay for Judges and Judicial Officers (JJOs) for 2024-25 should be increased by 3 per cent. The pay adjustment will take retrospective effect from April 1, 2024.     ​     A Government spokesman today (October 23) said, “In coming up with its recommendation on judicial pay for 2024-25, the Judicial Committee premised its deliberations on the need to uphold the principle of judicial independence; and adopted a balanced approach taking into account a basket of factors as approved by the Chief Executive in Council in May 2008 and the position of the Judiciary. The basket of factors includes:(a) responsibility, working conditions and workload of judges vis-à-vis those of lawyers in private practice;(b) recruitment and retention in the Judiciary;(c) retirement age and retirement benefits of JJOs;(d) benefits and allowances enjoyed by JJOs;(e) unique features of the judicial service such as security of tenure, the prestigious status and high esteem of the judicial offices;(f) prohibition against return to private practice in Hong Kong;(g) overseas remuneration arrangements;(h) cost of living adjustments;(i) general economic situation in Hong Kong;(j) budgetary situation of the Government;(k) private sector pay levels and trends; and(l) public sector pay as a reference.”     A copy of the Report on Judicial Remuneration Review 2024 submitted by the Judicial Committee to the Chief Executive on August 21, 2024, is available on the website of the Joint Secretariat for the Advisory Bodies on Civil Service and Judicial Salaries and Conditions of Service (www.jsscs.gov.hk/en/publications/reports_jscs.htm).     ​     The Government will seek the approval of the Finance Committee of the Legislative Council on the proposed pay adjustment.

     
    Ends/Wednesday, October 23, 2024Issued at HKT 14:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI: Capgemini announces leadership appointments

    Source: GlobeNewswire (MIL-OSI)

    Media relations:
    Sam Connatty
    Tel.: +44 (0)370 904 3601
    Email: sam.connatty@capgemini.com

    Capgemini announces leadership appointments

    • Anirban Bose becomes CEO of the Americas Strategic Business Unit
    • Kartik Ramakrishnan becomes CEO of the Financial Services Strategic Business Unit
    • Jerome Simeon will take on the role of Chief Revenue Officer
    • Franck Greverie will become Chief Technology Officer

    Paris, October 23, 2024 – Capgemini today announced some key leadership appointments. Anirban Bose succeeds Jim Bailey as CEO of the Americas Strategic Business Unit, effective November 1. Consecutively, Kartik Ramakrishnan is appointed CEO of the Financial Services Strategic Business Unit. Jerome Simeon will become Chief Revenue Officer and Franck Greverie Chief Technology Officer, both from January 1, 2025. Following an outstanding 34-year long career at Capgemini, Olivier Sevillia, Chief Operating Officer, has decided to pursue new endeavors as an individual, and will leave the Group at the end of 2024. With his deep global experience and passion for digital transformation, Olivier will focus on promoting the techno-business ecosystem of European companies to help improve their competitiveness. The whole Capgemini team is looking forward to supporting Olivier in his next chapter.

    “These appointments strengthen the Group’s growth ambition and reinforce Capgemini’s role as the go to business and technology partner for our clients. Anirban Bose has been at the helm of our Financial Services division for the last six years and instrumental in building and shaping this business across the globe. Anirban is well positioned to accelerate our trajectory in the Americas, building on our progress in the region over the past 4 years under the leadership of Jim Bailey. I would like to thank Jim for his many contributions to Capgemini. Kartik Ramakrishnan, who has been running the Banking sector for the past six years, is Anirban’s natural successor, to ensure the global business will continue to go from strength to strength,” comments Aiman Ezzat, CEO of the Capgemini Group. “To bolster our laser focus on growth, Jerome Simeon will take on a new position of Chief Revenue Officer for the Group in the new year. His role will encompass our activities across sales, key clients and industries to bring even greater value to our clients as we accompany them on their business-critical transformations. Franck Greverie will add Chief Technology Officer to his scope of responsibility, also from January 1. His deep tech expertise and forward-thinking approach will accelerate our efforts to build innovative value creating solutions for our clients. I wish Anirban, Kartik, Jerome and Franck every success in their new roles.”

    Aiman Ezzat continues, “After an outstanding 34-year long career at Capgemini and an impressive track record in leading and operating strategic businesses across the Group, Olivier Sevillia will step down as Group COO at the end of 2024. We are all looking forward to supporting Olivier in his new endeavors as an individual, focused on applying his extensive experience in digital transformation to promote a rich techno-business ecosystem to help improve the competitiveness of European businesses. The board of directors joins me in thanking him and paying tribute to his commitment and service.”

    Biography: Anirban Bose

    Anirban was Head of Capgemini’s Financial Services Strategic Business Unit and a member of the Group Executive Board from 2018. He was also responsible for overseeing the Asia Pacific Strategic Business Unit.

    Prior to this, Anirban was the Head of Capgemini’s Banking and Capital Markets Business Unit.

    Between 2007 and 2015 Anirban led Capgemini’s Banking Business Unit. From 2004 to 2007, Anirban served as executive vice president at Kanbay before its 2007 acquisition by Capgemini.

    Anirban resides in New York. He graduated from the Indian Institute of Technology of Varasani with a Bachelor of Technology. He holds an MBA in Finance from the University of Chicago.

    Biography: Kartik Ramakrishnan

    Kartik was the Deputy CEO of Capgemini’s Financial Services Strategic Business Unit and also led Capgemini’s Banking and Capitals Markets business. Kartik has been a member of the Group Executive Committee since 2023.

    Prior to this, Kartik was responsible for managing sales teams across banking and capital markets.

    Kartik has spent over 25 years consulting in the banking and payments industry. Over his career, he has been involved in launching new products and developing innovative, cost-effective solutions for financial services firms across the globe in countries such as Australia, Canada, Germany, India, Singapore, United Kingdom and United States of America.

    Kartik has a bachelor’s degree from the Indian Institute of Technology and a master’s degree from the Booth School of Business at University of Chicago.

    Biography: Jerome Simeon

    Jerome became the Head of Global Industries in 2023. He has been a Member of the Group Executive Board since 2021.

    Prior to this, he was the CEO of the Southern Europe Strategic Business Unit. From 2018 to 2020, Jerome was Managing Director of Capgemini in France, when he also joined the Group Executive Committee.

    From 2014, he was CEO, Application Services France after serving as Commercial Director (from 2012 to 2014).

    Prior to this, from 2007 to 2010, he held commercial positions in Capgemini’s Telecom & Media business after managing the development and sales for the Property & Services Europe sector of BT Global Services for two years.

    Jerome joined Capgemini in 1998, after eight years with the group Générale des Eaux/Vivendi. Jerome graduated from Toulouse Business School.

    Biography: Franck Greverie

    Franck Greverie has been the Chief Portfolio Officer at Capgemini since 2018.

    Franck has been on the Group Executive Board since 2020, when he took on additional responsibilities overseeing Cloud Infrastructure Services (cloud & cybersecurity), Business Services and Insights & Data (Data & AI) Global Business Lines.

    Prior to this, from 2016, Franck led the Cloud & Cybersecurity activities of Capgemini. He joined Capgemini in 2015 as Head of the Cybersecurity Global Service Line.

    Between 2012 and 2015, Franck was an Executive VP at Bull, where he was in charge of the Security Division, and also led the Middle East, Africa and Asia activities.

    Prior to that, Franck was the Managing Director of the Information Systems Security and Cybersecurity activities for Thales Group (France, UK, Germany, Norway, USA, Asia) since 2018. His career with Thales began in 2004, as Head of Strategy, Business Development and Marketing for the Security activity.

    Franck is a graduate of ESME, engineering school, and of the Executive MBA of ESSEC Business School.

    Note to Editors
    High-resolution photography of Anirban Bose, Kartik Ramakrishnan, Jerome Simeon and Franck Greverie is available on request.

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organisations to accelerate their dual transition to a digital and sustainable world while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fuelled by its market-leading capabilities in AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2023 global revenues of €22.5 billion.
    Get the future you want | http://www.capgemini.com

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    The MIL Network

  • MIL-OSI Asia-Pac: LCQ17: Kai Tak Sports Park

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Benson Luk and a written reply by the Secretary for Culture, Sports and Tourism, Mr Kevin Yeung, in the Legislative Council today (October 23): Question:      The Kai Tak Sports Park (KTSP) will be officially open early next year, and the government departments concerned have currently commenced the preparatory work for the commissioning of the KTSP. In this connection, will the Government inform this Council: (1) whether the authorities have finalised the leasing arrangements and charge levels for the KTSP’s Main Stadium, Indoor Sports Centre, Public Sports Ground and the rest of precinct for reference by members of the industry and the public; if so, of the details; if not, the reasons for that; (2) given that Kai Tak Sports Park Limited (KTSPL) has undertaken to implement a Sports Events Support Scheme, which aims to waive venue hiring charges for sports events held in the KTSP or make direct financial contribution to sports events, whether the authorities have grasped the implementation of the Scheme at this stage; if so, of the details, including the number of local and overseas events involved; if not, the reasons for that; (3) as it has been learnt that at present catering and a variety of entertainment facilities are provided in the vicinity of venues where mega events are held (such as the Hong Kong Stadium), enabling spectators to get warmed up for the mega events and the vibrant atmosphere to continue before and after the matches, whether the authorities have formulated any short-term and long-term plans to increase the provision of similar facilities in the vicinity of the KTSP; if so, of the details (including the specific development plans); if not, the reasons for that; (4) whether the authorities will draw up guidelines to require KTSPL to make public announcements about an event certain days before the date of the event, so as to facilitate the stakeholders concerned to take forward as early as possible the related publicity work to attract inbound tour groups and visitors coming to Hong Kong under the Individual Visit Scheme; if so, of the details; if not, the reasons for that; and (5) whether the authorities have any idea of formulating an integrated development plan for the KTSP and the adjacent Kai Tak Cruise Terminal, so as to shape them into a core tourist landmark of Kai Tak and Kowloon City, thereby enhancing their synergy as a tourist attraction; if so, of the details; if not, the reasons for that? Reply:President,      Being the largest sports infrastructure project in Hong Kong’s history, the Kai Tak Sports Park (KTSP) is crucial to the Government’s implementation of sports policies of promoting sports in the community, supporting elite sports, developing Hong Kong into a centre for major international sports events, enhancing professionalism and developing sports as an industry. The KTSP will provide modern and multi-purpose sports and recreation facilities upon completion, including a 50 000-seat Main Stadium, a 10 000-seat Indoor Sports Centre, a 5 000-seat Public Sports Ground and about 14-hectare landscaped open space and other ancillary facilities.            Currently, the construction works of the KTSP has entered into the final phase and the KTSP will be open in the first quarter of 2025. The Government has established the inter-departmental Task Force on KTSP, led by the Chief Secretary for Administration, to oversee the smooth completion and commissioning of the KTSP and its publicity work, fostering the synergistic development of major sports events, innovative entertainment, dining, conventions and exhibitions, as well as tourism activities. The Task Force will also formulate thorough plans and conduct comprehensive drills on security deployment, crowd management, emergency response, and other areas. The Culture, Sports and Tourism Bureau (CSTB), Kai Tak Sports Park Limited (KTSPL) together with relevant bureaux/departments are planning various drills and test events to be conducted from October this year to February next year, with a view to fine-tuning and enhancing the operation model as well as various arrangements such as crowd dispersal and transportation when staging large-scale events. We will also adjust strategies as necessary to fully prepare for the commissioning of the KTSP.      My consolidated reply to the questions raised by the Hon Benson Luk is as follows:     (1) According to the contract between the Government and the operator, the hiring charges in respect of sports events and community casual hire of the KTSP (including the Main Stadium, Indoor Sports Centre and Public Sports Ground) shall be comparable to those of similar facilities provided by the Leisure and Cultural Services Department, educational institutions and other non-profit making organisations. The operator has to obtain approval from the CSTB for the hiring charges, so as to ensure that the sports sector and citizens can enjoy the facilities of the KTSP to promote sports development.      KTSPL has already provided organisers, who express interest in hiring facilities in the KTSP for staging large-scale events, with the relevant information with respect of their hiring proposals. As for the hiring charges for the general public in using individual facilities in Indoor Sports Centre and Public Sports Ground, the KTSPL will make the announcement later.(2) KTSPL undertakes to implement a Sports Events Support Scheme (the Scheme) to support sports events. Its financial commitment under the SESS is $1.583 billion in total, which is to be disbursed over a period of around 20 years. Commitment under the Scheme will be met either by waiving venue hiring charges for sports events held in the KTSP or by making direct financial contribution to any sports events. The above arrangements will encourage the operator to proactively promote the KTSP as “the destination” for local and international large-scale sports events. It is expected that the Scheme will be implemented next year. KTSPL is refining the details of the Scheme and will announce the application arrangement later.      The implementation of the Scheme will be monitored by the CSTB. If KTSPL does not fully utilise the estimated expenditure under the Scheme in a particular year, an amount equivalent to the outstanding commitment shall be paid to an entity (e.g. “national sports associations”) nominated by the CSTB for supporting sports.(3) The KTSP will provide a one-stop sports, leisure, catering and shopping experience for citizens and tourists. With respect of the catering services, the 57 executive suites in the Main Stadium are supported by catering service providers offering various kinds of upscale dining options. There are also some 30 bars and catering outlets in the Main Stadium which should be able to meet the catering needs as compared to other facilities of similar scale in the world. In addition, the KTSP will, with reference to the scale and needs of different events and matches as well as at the requests of organisers, arrange 10 to 20 mobile catering booths during the staging of large-scale events. The number of catering booths will be flexibly increased based on actual situation. Besides, there are over 700 thousand feet of retail, catering as well as leisure and entertainment facilities in the KTSP. Catering facilities include some 70 outlets of international cuisines and nine diversified concept restaurants at the Dining Cove where citizens and tourists can choose to dine in the indoor or outdoor areas and enjoy the breath-taking views of the Victoria Harbour. As regards leisure and entertainment facilities, the KTSP will provide facilities including a health and wellness centre, a bowling centre, an outdoor rock climbing area, beach volleyball courts, tennis courts, a covered 5-a-side football pitch and multi-purpose activity space for the public to enjoy.      The neighbouring districts of Kowloon City and To Kwa Wan which are in close proximity of the KTSP also provide an array of dining options. Citizens and tourists who visit the KTSP for matches or large-scale events can walk to the two districts for a taste of our local culinary delights, similar to walking from the Hong Kong Stadium to Causeway Bay or Tin Hau. The Government will continue to work closely with KTSPL to further enhance visitors’ experience as well as liaise with relevant departments and the Hong Kong Tourism Board to promote the leisure and catering options in the vicinity of the KTSP so as to create a synergy effect for bringing about local economic development.(4) KTSPL has been actively making contact and having commercial negotiations with local and international sports and non-sports events’ promotion bodies, organisations and agencies. Generally speaking, the promotion strategy of events is led by organisers whereas KTSPL, being the venue provider, has to act in concert with the plans of the event organisers. KTSPL cannot disclose details of the events before the organisers do so. Nevertheless, KTSPL will maintain close communication with event organisers and coordinate with their overall publicity plan and share more details of their events with the public in due course.(5) The KTSP and the Kai Tak Cruise Terminal (KTCT) are both located within the Kai Tak Development Area. The KTSP, upon completion, will provide retail and catering facilities as well as host different types of large-scale sports, culture or entertainment events, thereby providing cruise passengers with more options for onshore activities. The hotels in the vicinity of the KTSP will also offer an additional choice of accommodation for travellers.     On the other hand, the KTSP will drive the flow of people in the district and attract tourists to spend in Hong Kong during various large-scale sports, culture or entertainment events, promoting the economic transformation and development of Kowloon East. The Government will continue to enhance the KTCT’s function as a venue for conventions, exhibitions and other events. In preparing the work plans for the KTSP and KTCT, the CSTB will consider how the two major infrastructures could complement each other, with a view to creating synergies by fully leveraging the respective facilities.

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: Design Act reforms expected to deliver greater protections

    Source: Allens Insights

    What to expect from IP Australia’s consultation 2 min read

    IP Australia has published the outcomes of its 2023 consultation, which sought stakeholder feedback on a series of significant proposed changes to the Designs Act 2003 (Cth). These included provisions for virtual, partial and incremental designs, which it plans to pursue. We explain the key feedback and what comes next.

    Overview

    IP Australia intends to proceed with the proposals to:

    • protect virtual designs, including user interfaces and product elements only visible when a product is in use;
    • protect partial designs for parts of whole products made in one piece; and
    • allow post-registration linking, to enable designers to have more certainty when protecting changes in their designs.

    We expect the proposed legislative changes to be before Federal Parliament in late 2025.

    Virtual designs

    For virtual designs, feedback focused on the introduction of a definition of virtual designs and products. As explained in our previous Insight, the initially proposed definition of a ‘virtual product’ required further refinement, and it is a welcome development that IP Australia has highlighted this feedback.   

    It was also suggested that video or animation files be allowed to supplement applications for virtual designs, and that applications could be made for a design applied to both a virtual and physical product at the same time. Consideration will also be given to enforcement against the seller of a virtual product, and not necessarily the customer or end user.

    Partial designs

    For partial designs, feedback focused on the introduction of mechanisms to protect those that would allow separate parts of a product to be registered as a single design, together with the requirement to identify a physical product to which the part relates. Fortunately, the ‘similar products’ test will not be pursued, as its justifications were unpersuasive, and likely to cause unnecessary confusion, uncertainty and expense.

    Post-registration linking (incremental designs)

    While support for incremental designs was varied, post-registration linking received favourable feedback. The primary focus was on introducing the ability to link an initial registered design to related subsequent designs, to ensure publication and use of the initial design does not affect the validity of the subsequent design.

    A proposal for ‘preliminary designs’ will not be pursued at this time.

    What’s next?

    IP Australia has reported the favourable feedback to the Government, which is now considering legislation aimed at including virtual designs, partial designs and post-registration linking. Further updates regarding draft legislation are expected in late 2025.

    These proposals, if accepted, will provide more options for clients seeking to protect their designs in Australia.

    MIL OSI News

  • MIL-Evening Report: Australia’s points system for jobseekers is failing 4 in 10, putting their payments at risk

    Source: The Conversation (Au and NZ) – By Simone Casey, Research Associate, Centre for People, Organisation and Work, RMIT University

    Studio63/Shutterstock

    For jobseekers these days, staying on benefits is about accumulating points.

    It used to be cruder. Until 2022, unemployed Australians who wanted to stay on benefits had to apply for up to 20 jobs per month, a requirement a parliamentary inquiry found

    burdens employers, who are receiving masses of poor quality applications often from people who are not suited for the position.

    Since July 2022, jobseekers have instead been required to collect points.

    Creating or updating a profile earns five points, applying for a job earns five points, attending a job interview earns 25 points, attending a jobs expo earns 25 points, starting a job earns 50 points, and so on.

    For most jobseekers the target is 100 points per month. The target can be eased by 20 points for jobseekers who live in locations that have fewer opportunities to work and by 40 points for jobseekers who are carers, have a reduced capacity to work or who are over 55.

    Jobseekers who fail to report enough points or who fail to include four job applications per month in total face automatic suspension of benefits.

    Workforce Australia.

    41% of jobseekers are being failed

    New data released by the Department of Employment and Workplace Relations show 41.1% of participants are being tripped up by the system.

    In the quarter between April 1 and June 30, 410,485 of the 999,470 jobseekers enrolled in the scheme failed to meet its requirements. And 212,915 of them reported no points whatsoever.

    It’s an improvement on the previous year. For April to June 2023, 45.3% of participants failed to get enough points.

    First Nations people, refugees, people with disabilities and young people are over-represented among those who fail to get enough points.

    My calculations using the department’s data show 58% of Indigenous participants in the program, 49% of participants without a Year 12 education and 47% of participants on youth allowance are failing to meet the requirements.



    Around two-thirds of breaches lead to suspensions. Between July 2022 and September 2023 1,838,410 payments were suspended.

    My research just published in the Australian Journal of Social Issues finds that a shift away from face-to-face help to online interactions is partly responsible.

    When jobseekers find it difficult to talk to humans about why they are unable to accumulate points their payments are more likely to be suspended.

    Jobseekers’ fault or the system’s fault?

    The Department of Employment has been working hard to increase understanding of the points system. Among other things, it has produced a series of fact sheets aimed at First Nations Australians.

    But an independent evaluation of the system prepared for the department in June found two-thirds of the participants in it had little or no knowledge about how it worked.

    This suggests the 41% failure rate might be an indictment of the system as much as the jobseekers who use it.

    It might even be an indictment of the idea of points to quantify compliance with mutual obligations.

    In November last year, a Senate select committee recommended rebuilding what it called a Commonwealth Employment Services System from the ground up.

    While the committee supported the use of points, it wanted the default requirement halved to 50 points, with human case managers given discretion to vary the target up or down based on their professional judgments.

    Simone Casey is employed as a policy advisor at Economic Justice Australia, the peak organisation for community legal centres providing specialist advice to people on their social security issues and rights. The research and analysis for this article was completed in her academic capacity as recently published in the Australian Journal of Social Issues.

    ref. Australia’s points system for jobseekers is failing 4 in 10, putting their payments at risk – https://theconversation.com/australias-points-system-for-jobseekers-is-failing-4-in-10-putting-their-payments-at-risk-240317

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Asia-Pac: LCQ10: Application of drones

    Source: Hong Kong Government special administrative region

         Following is a question by the Ir Dr Hon Lo Wai-kwok and a written reply by the Secretary for Culture, Sports and Tourism, Mr Kevin Yeung, in the Legislative Council today (October 23):
     
    Question:
     
         There are views pointing out that with the development of low-altitude economy, the scope of drone application will continuously expand for purposes such as carrying sightseeing passengers or delivering meals and other goods. In addition, the arrangement of large-scale drone shows over the Victoria Harbour on festive days is also a selling point to attract visitors to Hong Kong. However, it has been reported that three recent drone shows in Hong Kong were cancelled at short notice (including the drone shows at the Wan Chai waterfront on September 21, the West Kowloon Cultural District on ‍September 30 and the Victoria Harbour on October 1), leaving members of the public and visitors who waited for a long time disappointed. In this connection, will the Government inform this Council:
     
    (1) whether the authorities had, before the aforesaid drone shows, assessed in detail with the organisers the various factors that might affect the drone shows as well as the different scenarios that might arise, drawn up fallback plans, and stepped up the coordination and support among different government departments; if so, of the details; if not, the reasons for that;
     
    (2) whether the authorities had, before the aforesaid drone shows, put forward specific testing requirements to the outsourced contractors and formulated a mechanism for coordination and notification in the event of incidents, and taken timely follow-up actions after the short-‍notice cancellation of the shows; if so, of the details; if not, the reasons for that; and
     
    (3) whether the authorities will formulate more forward-looking policy measures and allocate more resources to strengthen the research and development, application and regulation of drone technology; if so, of the details; if not, the reasons for that?
     
    Reply:
     
    President,
     
         In respect of the question raised by Ir Dr Hon Lo Wai-kwok, in consultation with the Transport and Logistics Bureau, the Innovation, Technology and Industry Bureau, the Office of the Communications Authority (OFCA) and the Hong Kong Observatory, the consolidated reply is as follows:
          
         For parts (1) and (2) of the question, as a drone show generally involves operation of a large number of drones in a confined airspace, the operation of drones heavily relies on the high-precision reception of Global Navigation Satellite System (GNSS) signals.
          
         From the perspectives of aviation and public safety, drone shows which involve operations exceeding the standing operating requirements of small unmanned aircraft are considered as advanced operations and require prior permission from the Civil Aviation Department. Advanced operation permit holders are required to conduct risk assessment in accordance with the established procedures prior to the drone shows in order to identify all potential risks, including the stability of the drones’ satellite positioning signals, so as to ensure the safe conduct of the drone shows.
          
         While drone shows can be organised by private organisations, for a drone show organised by the Government, the OFCA will generally conduct radio monitoring at the event venue. The OFCA will detect any source of harmful interference to the radio frequencies to be used by the drone system. It is understood that the atmospheric conditions (including ionospheric scintillation) may significantly affect the quality of GNSS signals. However, because of the rapid changes in ionospheric disturbance caused by solar activities, the precise influence of ionospheric scintillation in terms of timing, location and extent, etc. could not be accurately predicted in advance.
          
         In preparation of the “Celebration of National Day – The Next Generation Chorus Performance” and “2024 National Day Fireworks Display” held on September 30 and October 1, 2024 respectively, the Government had held a number of inter-departmental meetings and drawn up contingency plans with the drone show operators. The operators of the two aforementioned drone performances also conducted multiple tests and rehearsals before the events (including on the day of the performance). Nevertheless, there was a sudden occurrence of ionospheric scintillation over Victoria Harbour during the events resulted in the drones being unable to receive good satellite positioning signals. After confirming that the ionospheric scintillation would prevent the drone shows from proceeding, we promptly made on-site announcements. For the drone show held on September 21, 2024, it was organised by a non-governmental organisation.
          
         Taking into account the experience of cancellation of the drone shows on September 30 and October 1, 2024, the Government will take into account the following factors and prepare suitable contingency plans when organising drone shows in future –
     
    (a) the weather conditions (rain, wind speed, typhoon, etc.), as well as ionospheric disturbance which may seriously affect the reception of GNSS signals by the drone system concerned;
     
    (b) the nature of performance, audience and performers;
     
    (c) the programme rundown, such as whether there are performances which are linked to the drone show, whether the drone show is a standalone show, etc.; and
     
    (d) whether there is flexibility to adjust the timing and scale of the drone show during the programme in case of weather or ionospheric disturbance to the drone show.
     
         For part (3) of the question, in the light of technological advancement, improvements in the technology and design of drones will help enhance their stability and accuracy, thereby exploring more application scenarios for drones. In the 2024 Policy Address, the Government announced a series of initiatives to promote the development of low-altitude economy (LAE) in Hong Kong, including the establishment of the Working Group on Developing LAE which is led by the Deputy Financial Secretary to formulate development strategies and inter-departmental action plans, as well as plan for low-altitude infrastructure. At the same time, the Government will press ahead with pilot projects to explore the applications of drones at designated locations, and will amend relevant legislation to put in place a regulatory framework for different types of drones. The Government will commence the relevant work as soon as possible to proactively promote LAE as one of the new growth engines.
          
         The Government also has all along been supporting research and development (R&D) in different technology areas through the Innovation and Technology Fund (ITF). Under the various ITF funding schemes, the Government supports local universities, R&D centres and enterprises to conduct R&D projects, including those low-attitude economy-related fields such as electronic, data transmission and processing, etc.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: IADS Showroom Day

    Source: Hong Kong Government special administrative region

    IADS Showroom Day
    IADS Showroom Day
    *****************

    The following is issued on behalf of the Hong Kong Monetary Authority:     The Hong Kong Monetary Authority (HKMA) announced today (October 23) the official Chinese name for the Interbank Account Data Sharing (IADS) initiative and the launch of the IADS Developer Platform, in collaboration with the Hong Kong Science and Technology Parks Corporation (HKSTP), enabling banks to securely and efficiently share bank account data with other banks, subject to customer consent.     The IADS pilot programme commenced in January this year, with a total of 28 participating banks (see Annex). The programme has established the rules and standards facilitating interbank customer-consented data sharing, covering retail, corporate and small and medium-sized enterprise (SME) customer segments. This allows banks to share customers’ deposit account information (including account availability, status, balances and transaction records) with other banks, subject to customer consent. The initiative aims to encourage the industry to launch more innovative data-driven banking products and services, thereby enhancing customer experience.     To showcase the initial results of the pilot programme, the HKMA held the IADS Showroom Day today, allowing banks to share practical applications of IADS, including streamlining loan application process, consolidated financial analysis, and online identity verification. Banks will gradually launch related products to the market.     Additionally, in collaboration with the HKSTP, the HKMA announced the launch of the IADS Developer Platform, a one-stop platform that provides testing account data and simulated application programming interfaces (APIs) from participating banks, facilitating collaboration between banks and technology firms to jointly develop more data-driven products and services.     Deputy Chief Executive of the HKMA Mr Howard Lee said, “The rapid development of the digital economy underscores the importance of secure and efficient data transfer. We are pleased to see the banking sector actively supporting IADS and utilising customer-consented data to provide innovative banking products and services that bring convenience and benefits to the public, promoting the steady and healthy development of the fintech ecosystem.”     For more details about the IADS initiative, please visit the HKMA’s website.

     
    Ends/Wednesday, October 23, 2024Issued at HKT 15:00

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: EPD convictions in September

    Source: Hong Kong Government special administrative region

    EPD convictions in September
    EPD convictions in September
    ****************************

         Twenty-one convictions were recorded in September 2024 for breaches of legislation enforced by the Environmental Protection Department.      Four of the convictions were under the Air Pollution Control Ordinance, six were under the Noise Control Ordinance, seven were under the Public Cleansing and Prevention of Nuisances Regulation, three were under the Waste Disposal Ordinance, and one was under the Water Pollution Control Ordinance.      A company was fined $24,000, which was the heaviest fine in September, for contravening the provisions of a licence.

     
    Ends/Wednesday, October 23, 2024Issued at HKT 15:00

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Orders on Comprehensive Avoidance of Double Taxation Agreements with Armenia, Bahrain, Bangladesh, Croatia and Türkiye to be gazetted

    Source: Hong Kong Government special administrative region

         The Chief Executive in Council made five Orders under the Inland Revenue Ordinance (Cap. 112) yesterday (October 22) to implement respectively the Comprehensive Avoidance of Double Taxation Agreements (CDTAs) that Hong Kong signed with Armenia, Bahrain, Bangladesh, Croatia and Türkiye. The Orders will be gazetted on October 25.

         “Under the CDTAs, residents of Hong Kong and the relevant tax jurisdictions will not have to pay tax twice on a single source of income. This will bring them a greater certainty on taxation liabilities and tax savings when they engage in cross-border trade and investment activities. The CDTAs can help encourage enterprises of Hong Kong to conduct business or invest in the tax jurisdictions concerned, and vice versa,” a Government spokesman said today (October 23).

         The Orders will be tabled at the Legislative Council on October 30 for negative vetting. The CDTAs will enter into force after both Hong Kong and the relevant tax jurisdictions have completed their respective ratification procedures.

         Hong Kong signed the CDTAs with Bangladesh, Croatia, Bahrain, Armenia and Türkiye in August 2023; and January, March, June and September 2024 respectively, bringing the number of tax jurisdictions that have signed CDTAs with Hong Kong to 51.  Highlights of the five new CDTAs are set out in the Annex.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: “!NSPIRE Series 2024: Lingnan Images – A Cinematic Crossover of 4 Cities” to examine cultural landscape of Lingnan (with photos)

    Source: Hong Kong Government special administrative region

    “!NSPIRE Series 2024: Lingnan Images – A Cinematic Crossover of 4 Cities” to examine cultural landscape of Lingnan (with photos)
    “!NSPIRE Series 2024: Lingnan Images – A Cinematic Crossover of 4 Cities” to examine cultural landscape of Lingnan (with photos)
    ******************************************************************************************

         The Film Programmes Office (FPO) of the Leisure and Cultural Services Department (LCSD) will present “!NSPIRE Series 2024: Lingnan Images – A Cinematic Crossover of 4 Cities” from November 23 to January 19 next year, screening films that cover the period from the reform and opening-up to date from Hong Kong, Macao, Shenzhen and Guangzhou at Hong Kong City Hall and the Hong Kong Film Archive. Exchange and workshop sessions will also be held to promote the collaboration of filmmakers of the four cities.      The opening film “Ah Ying” (1983) was directed by Hong Kong new wave director Allen Fong. The film was the winner of Hong Kong Film Awards for Best Film, Best Director and Best Film Editing. It delicately depicts the story between Ah Ying, who works at a market fish stall, and her acting mentor, who has also become her friend.      Various selected films illustrate the cultural impact and exchanges in different times. Renowned actor Chow Yun-fat plays a village chief in “Now You See Love… Now You Don’t” (1992). The clash between the lifestyles and ways of thinking of him and his childhood sweetheart returning from abroad, played by Carol “Do Do” Cheng, leads to scene after scene of hilarious comedy. “Little Cheung” (1999) depicts the livelihood of ordinary people from the perspective of children, who are able to find peace and hope in the midst of chaos with their innocence. “Ip Man – The Final Fight” (2013) and “Knitting” (2008) both reflect on how immigrants adapt to their new lives. The former tells the story of Ip Man, who upholds the virtues of Lingnan martial arts while facing the setbacks that come with his relocation to Hong Kong. The latter depicts the evolution of Guangzhou culture amid an influx of workers from outside, resulting in a mixture of northern and southern influences.      There are also films portraying the confusion that urbanites face. Directed by Philip Yung, “Glamorous Youth” (2009) tells the story of a Hong Kong boy moving to Shenzhen to escape from family pressure and love problems, yet still finding himself trapped in the mundane routines of life. “Sun and Rain” (1987), directed by Zhang Zeming, illustrates the alienation and love between people in a city through a love quadrangle. “Damp Season” (2020) depicts the stress lingering in the lives of the working class in Shenzhen, like the dampness and humidity often found in spring. Both set in Guangzhou, “Eight Diagrams” (2009) is a dark comedy about the desire and sadness of urbanites, while “Something in Blue” (2016) is a travelogue of a city that brings together the unremarkable daily lives of four young people.      Some of the selected films bring the cityscapes to the forefront. “Dot 2 Dot” (2014) traces the present and past of Hong Kong as a man and a woman with contrasting backgrounds navigate through the streets of the city. In “San Yuan Li” (2003) and “Cop Shop II” (2011), the Guangzhou cityscape and its changes through time are respectively illustrated with images and sounds.???     Two distinctive works from Macao will also be screened. Both of them are combinations of six stories. “Macau Stories 2: Love in the City” (2011) consists of six stories about love by six directors, while “Passing Rain” (2017), by director and screenwriter Chan Ka-keong, tells the stories of six characters with intertwined plotlines.      Moreover, two collections consisting of seven short films in total on the history, societies and cultures of the Lingnan region will be screened. The films are “Miasma, Plants, Export Paintings” (2017), “Fonting the City” (2015), “Sons of the Land” (2007), “14 Paintings” (2023), “Real Talk” (2024), “An Asian Ghost Story” (2023) and “Fear and Trembling” (2009).     Some of the screenings will be accompanied by post-screening talks, hosted by actor Hui So-ying, screenwriters Sze Yeung-ping and Mabel Cheung, producer Albert Chu, and directors Wong Teng-teng and Chan Ka-keong. To enable audiences to have a better understanding of the creation of films, there will be seminar screening sessions and exchange sessions. Three sessions of seminar screenings, entitled “The Spirit of Films about Intellectuals”, “Lingnan’s Secret Thoughts in Mind” and “The Current Situation of Macao Cinema”, will be held in which directors Gan Xiao’er, Yang Pingdao, and Wong Teng-teng and producer Albert Chu will share on their creative processes with screenings of selected film excerpts. Eight exchange sessions will also be held with filmmakers from the four cities in dialogues with each other or with film critics and audiences. Speakers include directors Yi Lichuan, Fruit Chan, Philip Yung, Herman Yau, Amos Why, and Zhang Zeming, film critic Joyce Yang and co-curators Law Kar and Feng Yu. Ticket holders of screenings with respective talks or exchange sessions will be admitted with priority, while the remaining seats will be available on a first-come, first-served basis with free admission.      All films are with Chinese and English subtitles. “Glamorous Youth” is rated Category III and restricted to viewers aged 18 or above.     Tickets for film screenings and seminar screening sessions priced at $70 are now available at URBTIX (www.urbtix.hk). For telephone bookings, please call 3166 1288. For programme details, please call 2734 2900 or visit http://www.lcsd.gov.hk/fp/en/listing.html?id=65.      To provide an opportunity for new talent of the film industry from the Mainland, Hong Kong and Macao to gain a better understanding about the industry through discussions and exchanges with guidance from professional filmmakers, the FPO will hold the Brainstorming Workshop covering topics of film production, such as screenwriting, directing, cinematography, post-production, fund sourcing, producing and distribution. The workshop will be conducted in Cantonese and is free for admission, with a quota of 30 places. Film students and those who have been involved in film productions can register for selection from November 25 to December 20. Successful registrants will be invited to participate in the two-day workshop to be held on January 9 and 10 at Ko Shan Theatre. For details of the workshop, please visit the above website.      This screening programme is one of the programmes of the 4th Guangdong-Hong Kong-Macao Greater Bay Area Culture and Arts Festival. Hong Kong is the host city of the Festival for the first time, organising and co-ordinating over 260 performances and exchange activities to be held in the “9+2” cities in the Greater Bay Area. The festival aims to showcase the vibrant and diverse cultural richness of the region and foster cultural exchanges and co-operation among the cities. For more information, please visit http://www.gbacxlo.gov.hk./en.      It is also one of the activities in the Chinese Culture Promotion Series. The LCSD has long been promoting Chinese history and culture through organising an array of programmes and activities to enable the public to learn more about the broad and profound Chinese culture. For more information, please visit http://www.lcsd.gov.hk/en/ccpo/index.html.

     
    Ends/Wednesday, October 23, 2024Issued at HKT 15:00

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Import of poultry meat and products from areas in Hungary and Japan suspended

    Source: Hong Kong Government special administrative region

    Import of poultry meat and products from areas in Hungary and Japan suspended
    Import of poultry meat and products from areas in Hungary and Japan suspended
    *****************************************************************************

         The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (October 23) that in view of notifications from the Ministry of Agriculture of Hungary and the Ministry of Agriculture, Forestry and Fisheries of Japan about outbreaks of highly pathogenic H5N1 and H5 avian influenza in Bács-Kiskun County in Hungary and Chiba Prefecture in Japan respectively, the CFS has instructed the trade to suspend the import of poultry meat and products (including poultry eggs) from the above-mentioned areas with immediate effect to protect public health in Hong Kong.     A CFS spokesman said that Hong Kong has currently established a protocol with Hungary for the import of poultry meat but not for poultry eggs. According to the Census and Statistics Department, Hong Kong imported about 40 tonnes of frozen poultry meat from Hungary, and about 1 170 tonnes of frozen poultry meat and about 150.45 million poultry eggs from Japan in the first six months of this year.     “The CFS has contacted the Hungarian and Japanese authorities over the issues and will closely monitor information issued by the World Organisation for Animal Health and the relevant authorities on the avian influenza outbreaks. Appropriate action will be taken in response to the development of the situation,” the spokesman said.

     
    Ends/Wednesday, October 23, 2024Issued at HKT 15:02

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Tender results of 3-year HKD HKSAR Institutional Government Bonds

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hong Kong Monetary Authority:

         The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 3-year HKD institutional Government Bonds (issue number 03GB2710001) under the Infrastructure Bond Programme was held today (October 23).
          
         A total of HK$5.5 billion 3-year Government Bonds were offered today. A total of HK$21.375 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 3.89. The average price accepted is 99.89, implying an annualised yield of 2.952 per cent.

    HKSAR Institutional Government Bonds Tender Results
    ———————————————————————————————-
         Tender results of 3-year HKD HKSAR Institutional Government Bonds:
     

    Tender Date
    :
    October 23, 2024

    Issue Number
    :
    03GB2710001

    Stock Code
    :
    4283 (HKGB 2.89 2710)

    Issue and Settlement Date
    :
    October 24, 2024

    Tenor
    :
    3 years

    Maturity Date
    :
    October 25, 2027

    Coupon Rate
    :
    2.89 per cent

    Amount Applied
    :
    HK$21.375 billion

    Amount Allotted
    :
    HK$5.5 billion

    Bid-to-Cover Ratio*
    :
    3.89

    Average Price Accepted (Yield)
    :
    99.89 (2.952 per cent)

    Lowest Price Accepted (Yield)
    :
    99.75 (3.000 per cent)

    Pro-rata Ratio
    :
    About 99 per cent

    Average Tender Price (Yield)
    :
    99.30 (3.160 per cent)

    * Calculated as the amount of bonds applied for over the amount of bonds issued.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Young persons in custody at Sha Tsui Correctional Institution attain good examination results (with photos)

    Source: Hong Kong Government special administrative region

         â€‹Young persons in custody (PICs) at Sha Tsui Correctional Institution (STCI) of the Correctional Services Department (CSD) were presented with certificates at a ceremony today (October 23) in recognition of their efforts and achievements in studies and vocational examinations.
          
         Over the past year, 97 PICs participated in various academic and vocational examinations, including the Hong Kong Diploma of Secondary Education Examination, the City and Guilds International examinations, the Cambridge English Examinations and the General Aptitude Putonghua Shuiping Kaoshi. They obtained vocational certificates in areas such as Food and Beverage Services, Coffee Making and Latte Art Training, Specialty Drink (Non-alcoholic) Making, Cantonese Cooking, Multimedia Design, Music, Building Services and Laundry Skills. These examinations were organised by the Society of Rehabilitation and Crime Prevention, Hong Kong; the School of Professional and Continuing Education, the University of Hong Kong; Christian Action; the Construction Industry Council; Tom Lee Music Foundation; the Vocational Training Council and Caritas Institute of Community Education. During the year, the PICs attained 127 merits out of 302 certificates obtained. In the ceremony today, 22 PICs were presented with 135 certificates, of which 76 were marked with merits.
          
         Officiating at the ceremony, the President of the Hong Kong Shanxi Union Community Limited (HKSUCL), Mr Ng Tang, said that the HKSUCL has been highly supportive of the rehabilitation work of the CSD, and has set up the HKSUCL – Igniting Hope Education Fund to provide education and vocational training subsidies to PICs with financial difficulties to enable further studies. He encouraged the young PICs to strive for self-improvement, and to walk hand in hand with their families and CSD staff on the path of rehabilitation to live a fulfilling life.
          
         During the ceremony, members of the lion dance team performed with accompaniment by a marching band. Moreover, PICs put their training into practice and produced a short video by using shooting and editing skills acquired in the Creative Multimedia Production Technology Training Course to showcase their learning outcomes at the ceremony. There was also a singing and musical instrument performance by PICs, with piano accompaniment by CSD staff, to demonstrate their determination to change.
          
         In the sharing session, one young PIC expressed gratitude to his mother for taking good care of him on her own and her unwavering support during his time in custody, which inspired him to reflect on his past mistakes and make good use of his time to study diligently. Two other young PICs also expressed appreciation for the encouragement and guidance from CSD staff, who helped them mend relationships with family members and learn valuable skills in a band. They hope to apply what they have learnt to contribute to society in the future.
          
         Also attending today’s certificate presentation ceremony were representatives from non-governmental and community organisations, community leaders and family members of the certificate recipients.
          
         STCI accommodates young male PICs aged from 14 to under 25. The Department provides half-day education programmes and half-day vocational training for PICs of training centres and rehabilitation centres to assist them to rehabilitate and prepare for reintegration into society.         

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ5: Supporting high-risk elderly persons

    Source: Hong Kong Government special administrative region

    LCQ5: Supporting high-risk elderly persons
    LCQ5: Supporting high-risk elderly persons
    ******************************************

         Following is a question by the Hon Tang Ka-piu and a reply by the Secretary for Labour and Welfare, Mr Chris Sun, in the Legislative Council today (October 23): Question:      It has been reported that elderly-related tragedies have happened in Hong Kong one after another this year, resulting in a rise in the community’s concerns over families of elderly doubletons featuring “the elderly taking care of the elderly” as well as families of elderly singletons featuring the “hidden elderly”. On the other hand, the Labour and Welfare Bureau has indicated that the Government will study the establishment of a databank on high-risk cases, and it is learnt that some labour unions have repeatedly proposed the establishment of a register of high-risk elderly persons. In this connection, will the Government inform this Council: (1) whether it has devised a timetable for the establishment of a register of high-risk elderly persons; if so, of the details, including the time for establishing the register and the interval between each update; if not, the reasons for that; (2) whether it has grasped the situation among the elderly in respect of the installation of indoor emergency alarm systems (EAS) at homes, and whether it has plans to install EAS for high-risk elderly persons free of charge; if so, of the details; if not, the reasons for that; and (3) as it is learnt that about 80 per cent of the elderly in Hong Kong have applied for various social security schemes and that health condition assessments would also be conducted for the elderly under the Government’s Standardised Care Need Assessment Mechanism for Elderly Services, whether the Government has consolidated the data of elderly applicants for various schemes in order to identify the families of elderly doubletons and elderly singletons as well as conduct standardised assessments for such families with a view to establishing a register of high-risk elderly persons for high-risk families; if so, of the details; if not, the reasons for that? Reply: President,      I reply to the Member’s question as follows: (1) and (3) There is no unified definition of “high-risk” elderly persons. Health conditions, living arrangements, changes in family support, etc, will affect risks faced by elderly persons. Relevant risks may also change over time. The Government approaches and identifies elderly persons in need through different means, with a view to providing timely assistance to them.      The Social Welfare Department (SWD) piloted the District Services and Community Care Teams – Scheme on Supporting Elderly and Carers in Tsuen Wan and Southern District in March this year. The SWD assisted in training the Care Teams of these two districts to proactively reach out to and identify households of singleton/doubleton elderly persons, carers of elderly persons and persons with disabilities in need. In the past six months, the Care Teams visited about 4 700 families and referred over 730 elderly cases to social welfare organisations for follow up. The 2024 Policy Address announced that the Government would extend the scheme to all 18 districts across the territory next year.      The SWD commissioned the Tung Wah Group of Hospitals in September 2023 to launch the 24-hour Designated Hotline for Carer Support, providing instant consultation and emotional support, outreaching/emergency support, service referrals, etc. The hotline has received over 50 000 calls so far, and referred about 850 cases to relevant community support service units for service matching as appropriate, of which about 270 elderly cases were referred to elderly service units or respite service. In addition, the hotline provided crisis handling for 56 cases through outreaching.      A total of 214 District Elderly Community Centres (DECCs) and Neighbourhood Elderly Centres (elderly centres) throughout the territory provide a wide range of support services to elderly persons at the district level. Support Teams for the Elderly (STEs) are set up in all DECCs to identify elderly persons with potential service needs through outreaching and networking, and provide suitable assistance to them. Elderly centres have about 280 000 members in total, including 47 000 elderly persons receiving services from STEs and 8 000 elderly persons receiving casework service.       Upon identifying elderly persons with potential service needs, social welfare units will arrange for them to undergo Standardised Care Need Assessment for Elderly Services according to their conditions. Frail elderly persons assessed as having long-term care needs can join the Central Waiting List for Subsidised Long Term Care Services. They may also apply for Community Care Service Voucher for the Elderly and receive subsidised community care services without queuing; elderly persons with lower impairment level can apply for subsidised Home Support Services. In addition, social welfare service units will assist elderly persons with financial needs applying for suitable cash assistance.       The Government will continue to make good use of different channels to early identify elderly persons with potential service needs and provide timely and effective support. (2) The Government has put in place different measures to subsidise elderly persons in need to install emergency alarm system (EAS). The SWD provides a special grant to eligible elderly Comprehensive Social Security Assistance recipients for installing and using indoor or mobile EAS. Currently, about 26 000 elderly persons are receiving such a grant. The Hong Kong Housing Authority and the Hong Kong Housing Society provide subsidies to eligible elderly households in their housing estates to install and use EAS, benefiting about 26 900 elderly persons in total. Care Teams will also refer elderly persons, persons with disabilities and their carers in need to the relevant service provider for installing and using EAS.

     
    Ends/Wednesday, October 23, 2024Issued at HKT 15:15

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    MIL OSI Asia Pacific News

  • MIL-OSI: NXP’s Advanced Trimension UWB Portfolio Hits the Road with Audi

    Source: GlobeNewswire (MIL-OSI)

    • NXP’s Trimension NCJ29Dx family of Ultra-Wideband (UWB) fine-ranging ICs is deployed by Audi AG to enhance smart, hands-free secure car access functionality for the OEM’s new Premium Platform Electric (PPE)
    • The Trimension NCJ29Dx family is designed to deliver the robust, precise and secure ranging and connectivity required to meet the needs of global automotive OEMs to implement smart, secure access, as standardized by the Car Connectivity Consortium (CCC)
    • Audi’s PPE, jointly developed with Porsche, is the base for the company’s next generation of electric vehicles

    EINDHOVEN, The Netherlands, Oct. 23, 2024 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that its Trimension® NCJ29Dx family, part of one of the industry’s broadest UWB portfolios, is the technology foundation for Audi’s advanced new UWB platform, delivering the precise and secure real-time localization required by leading premium car manufacturers to enable hands-free secure car access via smart mobile device and other UWB-based features. Cars featuring NXP’s Trimension UWB devices, including the Audi Q6 e-tron, will hit the road in 2024.

    Smart, secure car access leverages the fine-ranging capabilities of NXP’s extensive Trimension UWB portfolio to precisely identify the location of the driver in relation to the car, allowing the doors to be unlocked only when the driver is in close proximity to the car. Drivers can unlock and start their car hands-free using a digital key on a UWB-enabled mobile phone or wearable, which can remain in the driver’s pocket or bag.

    “Audi has long been on the leading edge of automotive technology, and this new UWB-enabled platform is no exception,” said Ulf Warschat, Head of Development Body Electronics, Audi AG. “The precise and secure real-time localization delivered by NXP’s Trimension UWB portfolio ensures that our drivers will benefit from the advanced features and capabilities, allowing them to enjoy the driving experience in a whole new way.”

    “NXP’s proven Trimension UWB platform enables OEMs to deliver new features for drivers, allowing secure and easy hands-free access to their cars, as well as supporting a variety of additional use cases like automated EV charging and more,” said Markus Staeblein, Senior Vice President and General Manager, Secure Car Access, NXP Semiconductors. “Building on our expertise and standardization efforts in bodies such as the Car Connectivity Consortium (CCC) and the FiRa Consortium, UWB will continue to drive new enhancements to the consumer automotive experience and is quickly becoming an essential component in the automotive ecosystem.”

    The Trimension NCJ29Dx family is part of NXP’s portfolio of secure car access system solutions, which includes the NCF3340 NFC controller and the KW37 Bluetooth 5.0 Long-Range MCU. These devices are also in use by Audi as part of its new platform.

    The Trimension NCJ29Dx family enables UWB-based fine-ranging capabilities and is compliant to IEEE 802.15.4, CCC and FiRa standardization. It delivers high localization resolution and power optimization for battery-powered devices such as key fobs, while also minimizing BOM costs. Additionally, it offers maximum levels of protection against car theft through relay attacks and includes on-chip support for a wide range of cryptographic operations.

    The Trimension NCJ29Dx family is part of one of the industry’s broadest UWB portfolios, which features devices suitable for both automotive and mobile, IoT or industrial applications. This includes devices like the Trimension NCJ29D6, which integrates UWB fine ranging with UWB radar capabilities to allow OEMs to address multiple use cases with a single system, including smart, secure car access, child presence detection, intrusion alert, kick sensing and more.

    About NXP Semiconductors
    NXP Semiconductors N.V. (NASDAQ: NXPI) is the trusted partner for innovative solutions in the automotive, industrial & IoT, mobile, and communications infrastructure markets. NXP’s “Brighter Together” approach combines leading-edge technology with pioneering people to develop system solutions that make the connected world better, safer, and more secure. The company has operations in more than 30 countries and posted revenue of $13.28 billion in 2023. Find out more at http://www.nxp.com.

    NXP, Trimension and the NXP logo are trademarks of NXP B.V. All other product or service names are the property of their respective owners. All rights reserved. © 2024 NXP B.V

    For more information, please contact:

    Americas & Europe Greater China / Asia 
    Phoebe Francis            Ming Yue
    Tel: +1 737-274-8177 Tel: +86 21 2205 2690
    Email: phoebe.francis@nxp.com Email: ming.yue@nxp.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9a2b8d95-fb90-4615-a0ba-cfe7fb29d378

    The MIL Network

  • MIL-OSI Economics: ADB Approves $86.67 Million Grant to Develop Green Road Corridor in Tajikistan

    Source: Asia Development Bank

    DUSHANBE, TAJIKISTAN (23 October 2024) — The Asian Development Bank (ADB) has approved a $86.67 million grant to help Tajikistan further improve national road connectivity by developing a demonstration green corridor in the country.

    The project will upgrade the existing degraded two lane 49-kilometer Dangara–Guliston road, widening this to four lanes. The project is the first to pilot the innovative methods promoted in the ADB green roads toolkit.

    “ADB, in partnership with other organizations, promotes safe, accessible, and green transport infrastructure and services in our developing member countries,” said ADB Director General for Central and West Asia Yevgeniy Zhukov. “The Dangara–Guliston road, which was constructed in the 1930s and reconstructed in the 1970s, will become the first road in Tajikistan to incorporate climate adaptation and specific design elements that account for women and girls.”

    Applying the green roads toolkit to the road design improves the quality of life for those living in the vicinity of the road; strengthens road network climate resilience and disaster preparedness; reduces pollution; and conserves biodiversity. While a lack of electric vehicle chargers in rural areas limits the potential growth of this market in Tajikistan, the project will fund two pilot charging stations and develop investment frameworks to catalyze private sector investment in a national charging infrastructure rollout.

    To enhance safety, the newly reconstructed road will include dedicated cycleways and sidewalks for women with children and people with disabilities. It will also have improved lighting, as well as safe and well-marked crossings—with the design and location of safety features determined through a community co-design process. Special toilets and changing facilities will be provided for travelling mothers and babies, while public transport facilities will include preferential seating for people with disabilities.

    To improve livelihood and employment opportunities for local villagers, the project will arrange training for women living in and around the project area on how to open and run small businesses. ADB’s project will also award entrepreneurship grants to selected participants.

    The Government of Tajikistan will provide counterpart funding of $23 million, while the European Bank for Reconstruction and Development (EBRD) will provide a $40 million cofinancing loan subject to the EBRD Board approval in early 2025. The Ministry of Transport will be the executing agency for the project, which is due to be completed in 2030.

    Developed in collaboration with the International Road Federation and MetaMeta Research, ADB’s green roads toolkit guides the planning, design, construction, and maintenance of roads while ensuring environmentally sustainable practices. The toolkit helps engineers, planners, decision makers, and practitioners balance economic, social, and environmental objectives to make roads in Asia and the Pacific greener.

    Tajikistan joined ADB in 1998. For 26 years, ADB has supported a wide range of sectors from strategic road and energy infrastructure to health, education, agriculture, urban development, public sector management, and finance for a total of over $2.7 billion in assistance—including over $2.2 billion in grants.

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members—49 from the region.

    MIL OSI Economics

  • MIL-OSI Economics: Asian Development Blog: How Strengthened Regulations and Healthcare Can Prevent Lead Poisoning

    Source: Asia Development Bank

    Lead exposure remains a significant public health threat in Asia and the Pacific, especially in low- and middle-income countries. The global effort to address lead poisoning must focus on stricter regulations, enhanced healthcare capacity, and coordinated international action to protect vulnerable populations.

    The harmful effects of lead poisoning have been well-established since ancient times, with the First Century Roman writer Vitruvius warning of the health hazards of the widely-used metal. Today, we know that “there is almost no function in the human body which is not affected by lead toxicity.” 

    Lead exposure increases deaths from cardiovascular diseases among adults, particularly in low and middle-income countries. The long-term storage of lead in bones can lead to a wide range of health effects, including high blood pressure and renal failure.

    For pregnant women and their babies, lead exposure is particularly devastating—it can cross the placental barrier, causing complications of pregnancy, miscarriages, stillbirths, and low birth weight. 

    In children, lead exposure has long-term and irreversible impacts on mental function reducing educational performance and employment opportunities. Together, these health consequences for individuals compromise the economic growth and social stability of entire countries.

    While high income countries have significantly reduced lead exposure through rigorous testing, targeted research, and robust policy interventions, low- and middle-income countries, including several in Asia and the Pacific, continue to grapple with dangerously high levels of lead exposure. 

    An estimated 95% of the world’s IQ loss and 90% of cardiovascular deaths from exposure to lead is in low and middle-income countries, according to a 2023 study. The economic costs of lead exposure are staggering, with losses in total GDP of 10.5% in East Asia and the Pacific, 9.1% in South Asia, and 8.9% in Sub-Saharan Africa. 

    With effective interventions, high-income countries have reduced this economic impact of lead exposure to losses of 5.0% of total GDP but have not yet eliminated all sources of lead exposure.

    The scale of the challenge is immense. Lead exposure causes three times as many deaths as exposure to unsafe water and sanitation and just as many deaths as air pollution. South Asia has some of the highest blood lead levels in the world with India alone home to 275 million children affected by lead poisoning —this amounts to half of all India’s children and one-third of the children affected by lead globally. 

    Bangladesh struggles with chronic lead exposure, largely due to contaminated spices, while Afghanistan faces a “silent epidemic” linked to lead-leaching cookware. 

    In the Philippines, 2021-2022 data from the Expanded National Nutrition Survey shows that over a million Filipino children ages 6-9 years have elevated blood lead levels. In Indonesia, more than 8 million children are estimated to have high blood lead levels with millions more at risk from lead paint covering homes and public facilities.  

    Across Asia and the Pacific, the informal recycling of used lead-acid batteries continues to poison communities, contaminating air, soil, and water.

    The different sources of lead exposure complicate the challenge to remove the problem, however, the scope of the health and socioeconomic damage from lead demands decisive and comprehensive action. But we are not starting from zero. 

    The evidence base is robust, and the solutions are within reach. What remains is the political will and coordinated action across sectors to implement them effectively. The recent launch of the Partnership for a Lead-Free Future at the United Nations General Assembly marks a watershed moment in the global fight against lead poisoning.

    Exposure to lead is one of the most preventable public health threats, and yet it remains a pervasive environmental poison.

    Health systems are at the forefront of the response toward a lead-free future. 

    Developing countries must strengthen health regulatory frameworks and enforce existing standards for lead content in products such as food, cosmetics, paints, and water. Inconsistent enforcement has been a major barrier in reducing exposure, and this must be addressed with urgency. 

    Stronger regulatory oversight and harsher penalties for non-compliance will be key, particularly in industries known for high lead usage. International development partners, through technical advice and policy-based lending, can play a pivotal role in incentivizing reforms and ensuring their effective implementation.

    Building healthcare capacity is crucial. Healthcare professionals have low knowledge of the symptoms of lead poisoning, such as irritability and lethargy in mild doses and tremors and other neuropathies in higher doses. 

    Training is needed so that health workers identify lead poisoning and provide timely referrals for treatment. Developing the necessary healthcare infrastructure—from rural clinics to urban hospitals—is fundamental to ensuring that testing, treatment, and prevention measures can be implemented from communities, primary care facilities to hospitals. 

    Health actions should support the establishment of systematic, large-scale testing and data collection systems. Reliable data plays an essential role in understanding the full scope of lead exposure and to inform targeted interventions. Alongside quantitative measurements, the use of qualitative and ethnographic data is invaluable tool to understand how and why lead-contaminated products are used – and who is exposed to them.

    Public awareness is critical. Surveys reveal that knowledge about the dangers of lead exposure is shockingly low. Large-scale educational and health promotion campaigns must be launched to raise awareness of the sources and effects of lead poisoning, particularly in communities most at risk.

    While the health sector has a role in addressing lead poisoning, whatever the source, the scale and complexity of the problem demands coordinated action well beyond a single sector. 

    Governments, civil society, multilateral institutions, development agencies and the private sector must all come together to share resources, knowledge, and best practices. Only through collaboration can we hope to reduce and ultimately eliminate lead from our environment. The launch of the Partnership for a Lead-Free Future is a vital step in bringing stakeholders together. 

    Exposure to lead is one of the most preventable public health threats, and yet it remains a pervasive environmental poison. The science is clear; the solutions are known. A lead-free future is not just a possibility—it is a necessity. 

    By acting now, we can safeguard the health and potential of millions of children, secure the economic and social well-being of developing countries, and ensure a healthier, brighter Asia and Pacific for generations to come.
     

    MIL OSI Economics