Category: Asia Pacific

  • MIL-OSI Banking: Development Asia: Boosting Regional Integration with Enhanced Multimodal Transport Links

    Source: Asia Development Bank

    Road Corridors

    Roads are the primary transport infrastructure in most SAARC member states, serving as the main means of domestic connectivity and the key conduit for intra-SAARC trade, either across land borders or via seaports. In recent years, the importance of road transport has grown across all SAARC countries.

    The original SMRTS included ten SAARC road corridors, linking: (i) Pakistan, India, and Bangladesh (two); (ii) Nepal and India (two); (iii) Bhutan and India (one); (iv) Nepal, India, and Bangladesh (one); (v) Bhutan, India, and Bangladesh (one); (vi) India and Bangladesh (two); and (vii) Nepal, India, and Pakistan (one). The updated SMRTS highlights recent physical and nonphysical progress in corridor development.

    Physical progress includes the 6.15-km Padma Bridge, upgrades to the Sarail-Akhaura link and Elenga-Hatikamrul-Rangpur Highway, and four-laning of the Dhaka-Sylhet Highway and Sylhet-Tamabil Road in Bangladesh; the planned Haldia/Howrah-Raxual Expressway in India; Nepal’s Kathmandu-Terai Madhesh Fast Track Project; and Pakistan’s Khyber Pass Economic Corridor and six-lane motorways connecting Karachi to Peshawar. Nonphysical progress includes motor vehicle agreements facilitating cross-border transport.

    Rail Corridors

    Railways have the potential to become a key transport mode in the SAARC region, especially for intraregional movement of goods and passengers between Bangladesh, India, Nepal, and Pakistan. The region’s railway network is mainly broad-gauge and compatible across member states, except for the meter-gauge network east of Dhaka, Bangladesh. Once the SAARC rail corridors are fully developed and nonphysical barriers are addressed, efficient rail connectivity will link the concerned SAARC countries.

    The original SMRTS included five SAARC railway corridors, connecting Bangladesh, India, Nepal, Sri Lanka, and Pakistan. Recent progress includes several railway projects in Bangladesh (e.g., the Padma Bridge Rail Link, dual-gauge line between Akhaura and Laksam), new rail links in Bhutan and Nepal, and the planned Uzbekistan-Pakistan-Afghanistan Railway.

    Inland Waterway Corridors

    Among SAARC countries, only Bangladesh and India have organized inland waterways, facilitating freight transit between the two nations. In earlier SMRTS stages, two inland waterway corridors of regional importance were identified based on current and potential future traffic. These corridors also offer direct waterway links for Northeast India to the ports of Kolkata and Haldia. Landlocked Bhutan and Nepal could benefit from multimodal and intermodal connections to these waterways, providing access to the sea.

    A recent development is the consolidation of the Eastern Waterways Grid, linking rivers in Bangladesh and India with roads and rail to improve connectivity. The Grid builds on the Indo-Bangladesh Protocol Routes, enhancing trade and transit between the two countries. It promises significant cost savings for bulk goods transport in India and revenue generation for Bangladesh through port fees and cargo services, with potential benefits for Bhutan and Nepal.

    Maritime Gateways

    The previous SMRTS versions identified ten major maritime gateways based on current traffic volume, potential to handle future intraregional container traffic, and access for landlocked countries to seaports.

    The updated SMRTS highlights recent progress in the maritime sector. Bangladesh is developing two new gateways: Payra, now operational, and Matarbari, under construction and expected to become the country’s first deep-sea port. Chattogram Port has undergone significant expansion, with a framework for its sustainable development as a transshipment hub for Northeast India. India’s Visakhapatnam (Vizag) Port, the largest on the Eastern Coast, has increasingly served Nepali transit traffic. Other notable developments include a planned new port at Thilafushi in Maldives, a major port concession in Karachi, Pakistan, and continued expansion of Colombo Port, Sri Lanka. Additionally, ferry services between India and Sri Lanka have been proposed.

    Aviation Gateways

    The original SMRTS identified 16 SAARC aviation gateways and noted the need to increase this number by 2030 by upgrading domestic airports to regional hubs and regional airports to international ones. It also acknowledged the complexity of identifying aviation hubs within the SAARC region, which goes beyond the scope of the SMRTS.

    Based on recent developments discussed at a February 2024 workshop in Kathmandu, additional aviation gateways were included in the updated SMRTS. These are in Bangladesh (Chattogram, Sylhet, Cox’s Bazar, Saidpur), Bhutan (Gelephu), Maldives (Gan), Nepal (Gautam Buddha, Pokhara), Pakistan (Islamabad), and Sri Lanka (Mattala Rapsaka, Jaffna, Batticaloa).

    Between 2020-2024, the aviation sector faced challenges due to the COVID-19 pandemic, which lowered passenger and freight demand. As the sector recovers, the challenge is to rebuild and reshape it, redesigning terminals to meet new requirements and implementing measures to address environmental concerns, including decarbonization.

    Connectivity between South Asia and Central Asia

    Recent developments in transport connectivity between South Asia and Central Asia include United Nations General Assembly Resolution 76/299 on strengthening regional connectivity, the Khyber Pass Economic Corridor, the Uzbekistan-Pakistan-Afghanistan Railway Project, the International North-South Transport Corridor (a 7,200-km multimodal route linking India, Iran, Azerbaijan, and Russia), and the Delhi Declaration from the 1st India-Central Asian Summit in January 2022.

    Air connectivity between South Asia and Central Asia remains limited, despite Central Asia’s landlocked nature and challenging geography. Air transport is crucial for moving perishable and high-value goods and facilitating business travel and tourism.

    MIL OSI Global Banks

  • MIL-OSI USA: MENG ARRANGES FOR KOREAN AMERICAN YOUTH CHOIR FROM QUEENS TO PERFORM AT WHITE HOUSE

    Source: United States House of Representatives – Congresswoman Grace Meng (6th District of New York)

    WASHINGTON, D.C. – U.S. Rep. Grace Meng (D-Queens) announced today that she arranged for a Korean American Youth Choir from Queens to perform this week at the White House in Washington, D.C.

    The Korean American Youth Choir of New York (KAYCNY), a Queens-based group of young individuals dedicated to promoting and preserving Korean culture through music, played at the first White House celebration that marked the Korean holiday of Chuseok. The event took place this past Tuesday, September 17. The Congresswoman helped arrange for KAYCNY to be invited by recommending them to White House officials.

    “It was wonderful to see KAYCNY represent New York’s Korean American community at this wonderful event, and I’m thrilled that they were asked to perform at my request,” said Congresswoman Meng. “I thank these talented young people for showcasing Korean culture through their music and contributing to these exciting festivities that celebrated the Korean diaspora in the United States. I am so proud to represent a vibrant Korean American community in my district in Queens and I thank the White House for hosting this event to highlight the rich heritage and culture of Korean Americans.”

    “This performance at the White House was an outstanding experience and it was a tremendous opportunity to spotlight the talent and work of the local young people in our choir,” said Eunja Ko, Leader of KAYCNY. “It was an honor to participate, and I thank Congresswoman Meng for arranging for us to perform.”

    The celebration included around 100 people. Approximately 13 children from KAYCNY performed in traditional Korean attire and they were joined by the choir’s conductor, staff members, and several parents.

    MIL OSI USA News

  • MIL-OSI Asia-Pac: Visa-free entry granted for Georgia

    Source: Hong Kong Information Services

    The Immigration Department announced today nationals of Georgia who are holders of valid diplomatic, official and ordinary passports may visit Hong Kong visa-free for a stay of up to 30 days starting from September 30.

    Noting that Georgia is along the Belt & Road, the department said the visa-free arrangement will provide travel convenience for visitors from Georgia and strengthen the tourism, cultural and economic ties between the Hong Kong Special Administrative Region and Georgia.

    Currently, Hong Kong SAR passport holders may also visit Georgia visa-free for a stay of up to 30 days.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Visit to the United States: Third Day (1)[The Prime Minister in action]

    Source: Government of Japan – Prime Minister

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (1)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (2)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (3)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (4)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (5)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (6)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (7)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (8)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (9)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (10)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (11)

    Working lunch with H.E. Dr. Ursula von der Leyen, President of the European Commission (1)

    Working lunch with H.E. Dr. Ursula von der Leyen, President of the European Commission (2)

    Working lunch with H.E. Dr. Ursula von der Leyen, President of the European Commission (3)

    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: Serious Crash, State highway 2, Tutira

    Source: New Zealand Police (District News)

    Police are responding to a two vehicle crash on State Highway 2 near Matahorua Road, Tutira, Hastings.

    Police received the report around 6:15pm.

    Two people are reported to be in a serious condition.

    The Serious Crash Unit has been advised.

    The road is closed and motorists are advised to take an alternate route.

    ENDS

    Issued by Police Media Centre 

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: Postal services to Vietnam return to normal

    Source: Hong Kong Government special administrative region

    Postal services to Vietnam return to normal
    Postal services to Vietnam return to normal
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         ​Hongkong Post announced today (September 24) that, as advised by the postal administration of Vietnam, mail delivery services to Vietnam previously impacted by flooding have returned to normal.

     
    Ends/Tuesday, September 24, 2024Issued at HKT 15:50

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    MIL OSI Asia Pacific News

  • MIL-OSI China: China pledges joint efforts with ASEAN to build closer community with shared future

    Source: China State Council Information Office

    China is willing to work with the Association of Southeast Asian Nations (ASEAN) to deepen practical cooperation and write a new chapter in building a closer China-ASEAN community with a shared future, Chinese Vice Premier Ding Xuexiang said Tuesday.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks when addressing the opening ceremony of the 21st China-ASEAN Expo and the China-ASEAN Business and Investment Summit in Nanning, south China’s Guangxi Zhuang Autonomous Region.

    China and ASEAN enjoy a long history of friendly relations and are good neighbors, good friends and good partners, Ding noted, adding that China and ASEAN have always been moving forward hand in hand, which has become the most successful and dynamic model of Asia-Pacific regional cooperation and a vivid example of promoting the building of a community with a shared future for mankind.

    China is advancing its efforts to build a great modern socialist country in all respects and pursue national rejuvenation through a Chinese path to modernization, which will bring great opportunities to the world, Ding said.

    China will continue to follow the principle of amity, sincerity, mutual benefit and inclusiveness in neighborhood diplomacy, deepen practical cooperation with ASEAN countries, and write a new chapter in building a closer China-ASEAN community of shared future, he added.

    Ding called on China and ASEAN countries to elevate strategic mutual trust to new heights. Efforts should be made to implement the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative, further synergize their development strategies, and strengthen high-quality Belt and Road cooperation to better promote regional and global prosperity and stability, he said.

    He also called on China and ASEAN countries to advance open cooperation to a new level. Both sides should implement the Regional Comprehensive Economic Partnership Agreement (RCEP) with high quality, work for an early conclusion of the negotiations for version 3.0 of the China-ASEAN Free Trade Area (FTA), steadily expand institutional opening-up, and build a more stable and smooth cross-border industrial and supply chain, he added.

    China and ASEAN countries need to foster a new pattern of all-round connectivity, Ding said, urging the two sides to jointly build the New International Land-Sea Trade Corridor at a high level, and make solid progress in the development of important economic corridors and key projects.

    China and ASEAN countries should expand new areas of cooperation in science, technology and innovation, Ding said, adding that the two sides should jointly implement China-ASEAN science and technology innovation enhancement program, accelerate the construction of platforms such as joint laboratories, and ensure that more innovative achievements benefit the people of both sides.

    Ding also urged China and ASEAN countries to cultivate new highlights in mutual understanding and affinity among the people. Taking the China-ASEAN Year of People-to-People Exchanges as an opportunity, Ding said the two sides should further deepen exchanges and cooperation in culture, tourism, training, youth, and solidify the public opinion foundation of bilateral relations.

    Malaysia’s Prime Minister Anwar Ibrahim delivered a video address. Deputy Prime Minister and Minister in charge of the Office of the Council of Ministers of Cambodia Vongsey Vissoth, Deputy Prime Minister of Laos Kikeo Khaykhamphithoune, and Deputy Prime Minister and Minister of Finance of Vietnam Ho Duc Phoc, as well as Secretary-General of ASEAN Kao Kim Hourn attended the opening ceremony and delivered speeches successively.

    After the opening ceremony, Ding toured the exhibition hall and exchanged views with the heads of the exhibitors.

    MIL OSI China News

  • MIL-OSI Asia-Pac: Four-day free horticultural education “Let’s Go Green in Celebration of the National Day” activities to be held at Kowloon Park (with photos)

    Source: Hong Kong Government special administrative region

    Four-day free horticultural education “Let’s Go Green in Celebration of the National Day” activities to be held at Kowloon Park (with photos)
    Four-day free horticultural education “Let’s Go Green in Celebration of the National Day” activities to be held at Kowloon Park (with photos)
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         To celebrate the 75th anniversary of the founding of the People’s Republic of China and to raise public interest in planting and promote greening, the Leisure and Cultural Services Department will organise horticultural activities around the theme of “Let’s Go Green in Celebration of the National Day” from September 28 to October 1 from 10am to 6pm daily at the Arcade and the Green Education and Resource Centre of Kowloon Park. The four-day event will feature National Day planting workshops, pot-planting activities, a thematic exhibition, game stalls, talks and guided tours. All are welcome and admission is free. Visitors in traditional Chinese costumes will be given a souvenir gift.      Participants of the National Day planting workshops can enjoy the fun of pot planting under the guidance of horticulture instructors. There will be hands-on workshops for creating 3D paper flower cards, scented sachets, key holders featuring compressed flowers, and plant rubbing art, alongside game stalls with Chinese cultural elements to share with the public the joy of National Day.      A thematic exhibition entitled “Enjoy Exploring the Rich Floral World” will be held at the Kowloon Park Arcade. Flowers not only beautify the environment and brighten daily lives, but also play a crucial role in plant growth by attracting insects and birds for pollination. Different species of flowers have their own shapes and colours, which can be relied upon to distinguish plant types.      Through the exhibition, members of the public can learn more about the functions, structures, shapes, inflorescence, colours of flowers, factors affecting flowering and their uses in daily life. For instance, some flowers are edible and can be used for medicinal purposes or for making essential oil.      Three talks in Cantonese, namely “Protected Plants in Hong Kong”, “Circular Urban Planting” and “The Kaleidoscopic Floral World”, will be held at the Green Education and Resource Centre in Kowloon Park on September 28, 29 and October 1 respectively. All are welcome to participate.      For enquiries, please call 2723 6053 during office hours or visit www.lcsd.gov.hk/en/green/gerc/activities/exhibitions.html.

     
    Ends/Tuesday, September 24, 2024Issued at HKT 16:00

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: SCED visits Singapore to foster closer trade and economic ties (with photos)

    Source: Hong Kong Government special administrative region

    SCED visits Singapore to foster closer trade and economic ties (with photos)
    SCED visits Singapore to foster closer trade and economic ties (with photos)
    ****************************************************************************

         ​The Secretary for Commerce and Economic Development, Mr Algernon Yau, met with senior officials and business leaders in Singapore to deepen trade and economic ties, and explore collaboration opportunities on his visit to the country.      ​Mr Yau started his three-day visit on September 22. Hong Kong and Singapore have long been enjoying close and cordial bilateral trade and economic relations. Singapore is Hong Kong’s fourth-largest trading partner and largest partner among the Association of Southeast Asian Nations (ASEAN) member states in merchandise trade. Singapore is also Hong Kong’s seventh-largest investor and sixth-largest destination of outward investment.      ​During the visit, Mr Yau met with representatives from major business chambers of Singapore, including the Singapore Business Federation, the Association of Small & Medium Enterprises of Singapore, the Singapore International Chamber of Commerce and the Singapore Chinese Chamber of Commerce & Industry respectively to update them on Hong Kong’s latest development and measures on assisting enterprises in setting up businesses in Hong Kong. He also appealed to the Singaporean business sector to leverage Hong Kong’s unique advantages to explore the vast opportunities in the Mainland market, particularly the Guangdong-Hong Kong-Macao Greater Bay Area.      ​Meanwhile, Mr Yau had a lunch meeting with the Deputy Prime Minister and Minister for Trade and Industry of Singapore, Mr Gan Kim Yong, yesterday (September 23) to discuss various trade and economic issues and exchange views on the regional economic landscape. Mr Yau expressed gratitude to the support from Singapore for Hong Kong’s application for joining the Regional Comprehensive Economic Partnership (RCEP). He noted that Hong Kong always treasures Singapore as a valuable economic partner both on its own and as a member of the ASEAN family. By joining the RCEP, Hong Kong can contribute to the wider and deeper economic co-operation and integration in the region.      ​Mr Yau also paid a courtesy call on the Chinese Ambassador to Singapore, Mr Cao Zhongming, to update him on the latest situation of Hong Kong. He then had dinner with Hong Kong entrepreneurs and executives working in Singapore with a view to understanding their work and lives.      ​Mr Yau today (September 24) met with the Chairman of the Singapore Economic Development Board, Mr Png Cheong Boon, to learn about the latest developments of Singapore and exchange views on investment promotion. Mr Yau said he looked forward to further collaboration between Hong Kong and Singapore in different areas with a view to fostering even closer relations between the two economies.      ​Mr Yau concluded his visit and will return to Hong Kong this evening.

     
    Ends/Tuesday, September 24, 2024Issued at HKT 16:00

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Speech by CE at 5th Belt and Road Initiative Tax Administration Cooperation Forum (English only)

    Source: Hong Kong Government special administrative region

    Speech by CE at 5th Belt and Road Initiative Tax Administration Cooperation Forum (English only)
    Speech by CE at 5th Belt and Road Initiative Tax Administration Cooperation Forum (English only)
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         Following is the speech by the Chief Executive, Mr John Lee, at the 5th Belt and Road Initiative Tax Administration Cooperation Forum today (September 24): Honourable Commissioner Hu Jinglin (Commissioner of the State Taxation Administration), Deputy Commissioner Wang Daoshu (Deputy Commissioner of the State Taxation Administration and Executive Secretary of the Belt and Road Initiative Tax Administration Cooperation Mechanism Secretariat), Deputy Director Yin Zonghua (Deputy Director of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region (HKSAR)), Deputy Commissioner Li Yongsheng (Deputy Commissioner of the Office of the Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the HKSAR), honourable ministers and senior officials from Belt and Road economies, distinguished guests, ladies and gentlemen,      Good afternoon. Welcome to Hong Kong and the 5th Belt and Road Initiative Tax Administration Cooperation Forum.      I am grateful to the organisers, the Belt and Road Initiative Tax Administration Cooperation Mechanism, or BRITACOM – this year celebrating its fifth anniversary – and to our Inland Revenue Department. BRITACOM was created, in 2019, to promote tax administration co-operation among the widespread jurisdictions of the Belt and Road Initiative.      The Belt and Road Initiative, as you are well aware, was proposed by President Xi Jinping in 2013. As the Initiative ushers in its next golden decade, so has BRITACOM, a key co-operation mechanism that has facilitated people-to-people exchanges and promoted mutual understanding along the Belt and Road.      Today, BRITACOM counts 37 Council Members and more than 30 observers – including tax administrations and international organisations.      And this Forum, the annual international forum of BRITACOM, is a must-attend event. This year’s three-day gathering has attracted some 400 high-level representatives from nearly 30 jurisdictions. You are officials of tax administrations, tax specialists, academics and professionals from around the world.      This year’s theme – “Deepening Tax Administration Cooperation for High-Quality Belt and Road Development” – speaks clearly of today’s complex world and the heightened need for connectivity among us.      Hong Kong, China is honoured to host this year’s Forum and connect Belt and Road economies together in our global community of shared future. I am grateful for the State Taxation Administration’s support in our efforts.      Hong Kong plays an active role in the Belt and Road. And we are committed to the good work of BRITACOM, as a member tax administration of the mechanism.      Under the unique “one country, two systems” principle, Hong Kong connects both the global advantage and the China advantage in a single city. As a special administrative region of the People’s Republic of China, we are a separate customs territory and practise an independent taxation system. We are a founding member of the World Trade Organization and participate in international organisations and trade agreements using the name “Hong Kong, China”.      As the only common law jurisdiction within China, our legal system in the business realm resembles that of most major international financial centres. Our robust legal system is backed by such long-standing institutional strengths as the free flow of information, capital, goods and people, low and simple tax system, and highly open and internationalised market. Together, they ensure our strategic role as a “super connector” and a “super value-adder” between the Mainland and the rest of the world.      It helps, and enormously, that Hong Kong is a trusted international centre for finance and trade. In the latest World Competitiveness Yearbook, published by the International Institute for Management Development (IMD), Hong Kong placed fifth, up two positions over last year’s ranking.       According to the Yearbook, we came first in the Asia-Pacific region in “tax policy” and second worldwide. And we topped the world in “international trade” and “business legislation”.      Crucial to Hong Kong’s development is our talent. As the only city in Asia that has as many as five universities in the world’s top 100, Hong Kong boasts a strong pool of multi-talented and hard-working professionals. That’s why in the latest World Talent Ranking, published last week also by the IMD, we ranked number nine in the world, rising visibly from 16 last year. We were among the global top five in the availability of finance skills, effectiveness of management education, and remuneration of management. I am proud of the achievement of our talent, and our city.      Hong Kong is a pivotal player in such national strategies as the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative. Indeed, just two weeks ago, we hosted our annual Belt and Road Summit, drawing some 6 000 high-profile individuals from about 70 countries and regions. The Summit, which next year turns 10, has been recognised by the Central Government as a key global gathering for advancing economic, trade and investment co-operation along the Belt and Road.       Economic globalisation, digitalisation and evolving business models demand a co-operative approach. By deepening collaboration, we can, working together, create an equitable, efficient and sustainable system that benefits us all.       Indeed, tax administration plays a crucial role in ensuring sustainable development. Efficient tax systems provide the essential resources for the delivery of public services and infrastructure.       Hong Kong believes that transparent and fair tax policies could foster trust among investors, governments and taxpayers.      As a champion of free and multilateral trade, Hong Kong, I’m pleased to add, supports the co-ordinated efforts of the international tax community, actively engaging in initiatives designed to bring economies together.      We take pride in having signed 50 Comprehensive Avoidance of Double Taxation Agreement since 2003. And more than 60 per cent of these agreements were signed with jurisdictions participating in the Belt and Road.       These agreements play a vital role in strengthening economic ties and promoting cross-border trade and investment. They enable closer tax co-operation between governments, aligning our practices with global standards.        We are, let me add, committed to expanding our tax treaty network, particularly with economies along the Belt and Road.       And I am pleased to announce that Hong Kong and Türkiye will sign a Comprehensive Avoidance of Double Taxation Agreement later at this Forum.      This milestone is another tangible illustration of Hong Kong’s determination to expand our tax treaty network. It also highlights our commitment to boosting ties and relations with Belt and Road economies.       Alongside our long-standing institutional strengths, we are increasingly employing technology to enhance taxpayer services and improve compliance.      And we are pleased to share our digital tax administration experience with Belt and Road jurisdictions – with each one of you. Much of tomorrow morning’s Forum, let me add, will focus on promoting the digitalisation of tax administration.       I am confident you will find this Forum instructive, inspiring and rewarding, whatever your sector, profession or interest.        I’m confident, too, that you will find Hong Kong equally rewarding over these next several days. This Forum is just one of more than 200 major events we’re hosting this year for visitors from around the world. I encourage you to make time to experience our dynamic culture and world-class entertainment, from daybreak deep into the night.      Hong Kong is fast rising as an East-meets-West centre for international cultural exchange. That becomes abundantly clear in a visit to
    our West Kowloon Cultural District. One of the largest developments of its kind in the world, it’s home to the Hong Kong Palace Museum and its priceless treasures from the Beijing’s Forbidden City. Home, too, to M+, Asia’s first global museum of contemporary visual art. You’ll also want to take in the breathtaking views from Victoria Harbour and Ngong Ping 360, the thrilling cable car that connects Tung Chung and Ngong Ping on Lantau Island, which is just a stone’s throw away from our event venue here.      This venue, AsiaWorld-Expo, is one of our key exhibition and convention venues. Its close proximity to the Hong Kong International Airport, the world’s busiest cargo airport, means you get to stay well-connected to our city while marvelling at the rapid development of the airport, whose Three-Runway System will be commissioned later this year.      More than a bustling airport, mountain vistas and stunning seaside villages, Hong Kong counts nearly 80 Michelin-star restaurants and neighbourhood pubs, diners and dim sum delights everywhere. We boast nine of Asia’s 50 best bars, including the top bar in the continent, and have two of the world’s 50 best hotels.      Wherever you look, there’s always something happening in Hong Kong, an energetic and welcoming world city.      Ladies and gentlemen, enjoy the Forum and all that Hong Kong has to offer.       Thank you.

     
    Ends/Tuesday, September 24, 2024Issued at HKT 16:05

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    MIL OSI Asia Pacific News

  • MIL-OSI Europe: Banks and financial institutions express support for expanding global production of fossil-free electricity from nuclear energy by 2050

    Source: Government of Sweden

    Banks and financial institutions express support for expanding global production of fossil-free electricity from nuclear energy by 2050 – Government.se

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    Yesterday, 23 September, Minister for Energy, Business and Industry and Deputy Prime Minister Ebba Busch took part in a meeting between ministers and other high representatives of countries that backed a COP28 declaration on the need to triple production of nuclear energy by 2050. In conjunction with the meeting, global banks and financial institutions backed the countries’ ambition to increase production of electricity from nuclear energy.

    During the meeting, discussions touched on how to proceed from the declaration and how the countries could jointly realise this collaboration. Representatives of global banks and financial institutions took part in discussions on how to finance large-scale expansion. 

    “One of the greatest obstacles to the necessary expansion of nuclear energy is to secure financing. Governments, financial institutions and industry have critical roles to play in this endeavour. I am delighted by this decision, which attests to the shared view of nuclear energy’s importance among both governments and the financial sector,” says Ms Busch. 

    Countries that support the declaration

    Sweden, Armenia, Bulgaria, Canada, Croatia, Czechia, Finland, France, Ghana, Hungary, Jamaica, Japan, Moldova, Mongolia, Morocco, the Netherlands, Poland, Romania, Slovakia, Slovenia, South Korea, Ukraine, the United Arab Emirates, the United Kingdom and the United States.

    Background

    Interest for new nuclear energy is growing rapidly in many countries, including here in the EU. This applies both to countries that already have nuclear energy and those who had previously held a neutral or sceptical view of the technology. More and more countries are realising that everyone needs to secure fossil-free energy – both renewable and nuclear – to succeed in the green transition, strengthen competitiveness and achieve the climate goals. Major energy price increases following Russia’s invasion of Ukraine have also illustrated the importance of democratic countries not being reliant on dictatorships.

    Press contact

    MIL OSI Europe News

  • MIL-Evening Report: No RBA rate cut yet, but Governor Bullock is about to find the pressure overwhelming

    Source: The Conversation (Au and NZ) – By Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

    Who’d want to be Reserve Bank Governor Michele Bullock? On Tuesday she had to do the almost impossible: defend a decision not to cut interest rates at a time when they were being cut in just about every other major industrial nation.

    On Thursday the US Federal Reserve joined the Bank of England, the Bank of Canada, the Reserve Bank of New Zealand and central banks in China, Sweden and the European Union in what its officials expect to be a series of cuts, kicking off with a double-header: a cut of 0.50 percentage points instead of the usual 0.25.

    In her press conference after Tuesday’s board meeting Governor Bullock said disinflation was “further advanced” in those countries than it was in Australia.

    Australian interest rates were “restrictive” (high enough to hurt) but were working “broadly as anticipated”.

    While household spending was weaker than had been expected, it would be

    some time yet before inflation is sustainably in the target range.

    But the problem with what she said, both after the meeting and in her statement, is inflation is probably already within the target range.

    Credibility gap

    The Reserve Bank’s target is 2-3%. Inflation hasn’t been there since it surged in 2021 as much of the world came out of lockdowns.

    On Wednesday, the day after Bullock’s announcement, the Bureau of Statistics will release the monthly consumer price index for August. It’s expected to be the first to show inflation back between 2% and 3%.

    Westpac is expecting an annual rate of 2.7%, comfortably back within the target band. When the more-comprehensive quarterly measure is released next month, Westpac is expecting 2.9%.

    If inflation is 2.7%, how can it be too high?

    Bullock squares her view that inflation is not yet moving sustainably towards the target with the reality that it is probably already there by saying she expects it to “pop back up again” when the temporary effect of electricity bill rebates wears off.

    The Commonwealth government announced $3.5 billion worth of rebates in the May budget. They will be applied automatically to electricity bills for each of the next four quarters, and topped by several of the states. In Queensland, they amount to $1,300 per household.

    A staged rollout means the rebates hit bills in only Queensland and West Australia in July and will hit other states in August. The Bureau of Statistics says they took 6.4% off the average national power price in July and Westpac expects them to take off a further 15% in August.

    A permanent 10% increase in the maximum rate of Commonwealth rent assistance delivered last week will put further downward pressure on inflation.

    It’s easy to see why Bullock thinks the temporary measures should be disregarded.

    The RBA says what matters is underlying inflation

    Bullock is directing attention to the Reserve Bank’s preferred measure of underlying inflation, a measure that excludes sharp movements and gives a better idea of where typical prices are heading.

    At 3.9% for the year to the June quarter, she says that measure is still too high. But it has been falling for each of the past six quarters and is on track to fall to 3.5% in the September quarter. By my way of thinking, that shows inflation is moving “sustainably towards the target range” in the way she says she wants.

    As in the US and the UK and New Zealand and all the other countries with which we compare ourselves, inflation doesn’t need to be actually back to the target before the authorities ease off on high interest rates. If they waited that long they would overshoot and push inflation too low.

    But headline inflation matters in its own right

    In any event, a low headline inflation rate is important in its own right, however it is achieved. It’s the rate the Reserve Bank prints at the top of its website, the rate that’s published in the media and the rate that people experience.

    If inflation is actually low, however that is brought about, shoppers become less tolerant of price rises (something the Reserve Bank says is happening) and less keen to demand high wage rises (something that is also happening).

    They also become less keen to rush out and buy things before their price goes up, something that can perpetuate high inflation.

    Right now we are doing everything but rushing out to push up prices.

    A briefing note prepared by the Australian Council of Social Service ahead of Tuesday’s Reserve Bank board meeting says real household disposable income per capita has fallen by almost 8% since inflation and interest rates began climbing, far more than in the US, the UK, Germany and Canada.

    Bullock is about to get more chances to cut

    There’s a chance the tax cuts that began in July will give spending a bit of a boost but much of whatever extra spending there is will be on imports, and the steadily climbing Australian dollar is making them cheaper by the day.

    The Australian dollar hit a new high for the year of 68.5 US cents on Tuesday on the back of a widening differential between US and Australian interest rates as the US cuts rates.

    Governor Bullock gets two more opportunities to cut rates this year, at the board meeting on Melbourne Cup Tuesday November 5 shortly after news of very low inflation in the September quarter, and on December 9 shortly after news of economic growth likely to show income per person going further backwards.

    There’s a fair chance she will take one of them.

    Peter Martin is Economics Editor of The Conversation.

    ref. No RBA rate cut yet, but Governor Bullock is about to find the pressure overwhelming – https://theconversation.com/no-rba-rate-cut-yet-but-governor-bullock-is-about-to-find-the-pressure-overwhelming-239603

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Bitget Wallet Outlines Roadmap in TOKEN2049: Simplifying Web3 for the Next Billion Users

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Sept. 24, 2024 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, presented a vision centered around bringing blockchain technology to everyday users during TOKEN2049 in Singapore. Alongside engaging with the community at the TOKEN2049 conference, Bitget Wallet actively participated in various partner events to further discussions around Web3 innovation. Alvin Kan, COO at Bitget Wallet, shared the company’s strategy to make Web3 accessible by simplifying user experiences and integrating blockchain into daily life. “The next billion Web3 users will come from seamless, user-friendly experiences that erase the lines between Web2 and Web3,” he stated. Bitget Wallet’s growth underscores this vision, with the platform recently surpassing 30 million users worldwide and becoming the most downloaded Web3 wallet app globally, according to App Store and Google Play data.

    Bridging Web2 and Web3 with Simplified Payments

    Kan outlined Bitget Wallet’s plans to break down barriers between Web2 and Web3, starting with payments. In a fireside chat titled “Defining Payment” alongside leaders from Solana Foundation, Fireblocks, and DCS Card Centre, Kan revealed Bitget Wallet’s development of a Web3 payment solution with keyless access and cross-chain functionality, aiming to make crypto payments as intuitive as traditional ones. Bitget Wallet also plans to launch a crypto-to-fiat solution, enabling users to seamlessly convert and spend crypto on daily transactions while retaining full control over their assets in a self-custodial wallet.

    Redefining Gaming in the TON Ecosystem

    At the TON Open Art panel, Kan discussed Web3 gaming’s evolution with TON Foundation and other projects, highlighting Bitget Wallet’s involvement in the TON ecosystem. He pointed to gaming projects on TON are shifting from single-game models to robust ecosystems designed for long-term user engagement. Kan emphasized that future Web3 gaming will incorporate more long-term incentive mechanisms to ensure continuous participation, moving away from short-lived promotions like airdrops. He also stressed the growing role of social elements in gaming, particularly in Telegram mini-games that leverage the platform’s vast user base. “The next wave of Web3 gaming will integrate social aspects, making games within Telegram deeply immersive,” Kan noted.

    Fueling Web3 Ecosystem Growth

    At the Morph Consumer Day panel, Kan highlighted that consumer adoption of blockchain technology is the final unlock for Web3’s mass adoption, and real-life use cases will be the focus as more Web2 institutions coming into the space. Kan highlighted that Bitget Wallet has already partnered with over 100 mainnets, including major networks like Bitcoin, Ethereum, Solana, Base, and TON. These collaborations are part of Bitget Wallet’s broader strategy to create a long-term ecosystem by offering seamless user experiences and robust reward mechanisms, driving more decentralized applications (DApps) to mainstream user. Kan said: “Our focus is on empowering our partners, creating seamless user experience and developing long-term incentive structures to keep users engaged within the Web3 ecosystem.”

    About Bitget Wallet

    Bitget Wallet stands as one of the world’s leading non-custodial Web3 wallets and decentralized ecosystem platform. With the Bitget Onchain Layer, the wallet is well-poised to develop a burgeoning DeFi ecosystem through co-creation and strategic incubation. Aside from a powerful Swap function, Bitget Wallet also offers multi-chain asset management, smart money insights, a native Launchpad, Inscriptions Center, and an Earning Center. Supporting over 100 major blockchains, 250,000+ tokens, and a wide array of DApps, Bitget Wallet is your top wallet for asset discovery and Web3 exploration.

    For more information, visit: Website | Twitter | Telegram | Discord

    The MIL Network

  • MIL-OSI China: China pledges joint efforts with ASEAN to build closer community with shared future: vice premier

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

    China pledges joint efforts with ASEAN to build closer community with shared future: vice premier

    NANNING, Sept. 24 — China is willing to work with the Association of Southeast Asian Nations (ASEAN) to deepen practical cooperation and write a new chapter in building a closer China-ASEAN community with a shared future, Chinese Vice Premier Ding Xuexiang said Tuesday.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks when addressing the opening ceremony of the 21st China-ASEAN Expo and the China-ASEAN Business and Investment Summit in Nanning, south China’s Guangxi Zhuang Autonomous Region.

    China and ASEAN enjoy a long history of friendly relations and are good neighbors, good friends and good partners, Ding noted, adding that China and ASEAN have always been moving forward hand in hand, which has become the most successful and dynamic model of Asia-Pacific regional cooperation and a vivid example of promoting the building of a community with a shared future for mankind.

    China is advancing its efforts to build a great modern socialist country in all respects and pursue national rejuvenation through a Chinese path to modernization, which will bring great opportunities to the world, Ding said.

    China will continue to follow the principle of amity, sincerity, mutual benefit and inclusiveness in neighborhood diplomacy, deepen practical cooperation with ASEAN countries, and write a new chapter in building a closer China-ASEAN community of shared future, he added.

    Ding called on China and ASEAN countries to elevate strategic mutual trust to new heights. Efforts should be made to implement the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative, further synergize their development strategies, and strengthen high-quality Belt and Road cooperation to better promote regional and global prosperity and stability, he said.

    He also called on China and ASEAN countries to advance open cooperation to a new level. Both sides should implement the Regional Comprehensive Economic Partnership Agreement (RCEP) with high quality, work for an early conclusion of the negotiations for version 3.0 of the China-ASEAN Free Trade Area (FTA), steadily expand institutional opening-up, and build a more stable and smooth cross-border industrial and supply chain, he added.

    China and ASEAN countries need to foster a new pattern of all-round connectivity, Ding said, urging the two sides to jointly build the New International Land-Sea Trade Corridor at a high level, and make solid progress in the development of important economic corridors and key projects.

    China and ASEAN countries should expand new areas of cooperation in science, technology and innovation, Ding said, adding that the two sides should jointly implement China-ASEAN science and technology innovation enhancement program, accelerate the construction of platforms such as joint laboratories, and ensure that more innovative achievements benefit the people of both sides.

    Ding also urged China and ASEAN countries to cultivate new highlights in mutual understanding and affinity among the people. Taking the China-ASEAN Year of People-to-People Exchanges as an opportunity, Ding said the two sides should further deepen exchanges and cooperation in culture, tourism, training, youth, and solidify the public opinion foundation of bilateral relations.

    Malaysia’s Prime Minister Anwar Ibrahim delivered a video address. Deputy Prime Minister and Minister in charge of the Office of the Council of Ministers of Cambodia Vongsey Vissoth, Deputy Prime Minister of Laos Kikeo Khaykhamphithoune, and Deputy Prime Minister and Minister of Finance of Vietnam Ho Duc Phoc, as well as Secretary-General of ASEAN Kao Kim Hourn attended the opening ceremony and delivered speeches successively.

    After the opening ceremony, Ding toured the exhibition hall and exchanged views with the heads of the exhibitors.

    MIL OSI China News

  • MIL-OSI Asia-Pac: Hong Kong rose to third place globally in Global Financial Centres Index

    Source: Hong Kong Government special administrative region

         Hong Kong ranked third globally in the Global Financial Centres Index (GFCI) 36 Report published today (September 24) by Z/Yen from the United Kingdom and the China Development Institute from Shenzhen, moving up one place from the March issue of the index this year. Hong Kong also ranked first in the Asia-Pacific region. The overall rating increased by eight points, the largest improvement among the top five financial centres.
     
    ​     A Government spokesman said, “The report clearly affirms Hong Kong’s status and strengths as a leading global financial centre. Hong Kong’s scores were rated among the top in various areas of competitiveness, including ‘business environment’, ‘human capital’, ‘infrastructure’, and ‘reputational and general’. Hong Kong’s rankings in various financial industry sectors also rose significantly, including ‘investment management’, ‘insurance’, ‘banking’ and ‘professional services’. Among them, the ranking in ‘investment management’ advanced to first globally. In addition, the report assessed the financial centres’ fintech offerings, and Hong Kong’s ranking rose five places to ninth, making it among the top 10 fintech hubs.”
     
    ​     Hong Kong’s asset and wealth management business is booming, with assets under management growing by about 2 per cent from the previous year to more than HK$31 trillion in end-2023. Net fund inflows reached HK$390 billion, representing a year-on-year increase of over 3.4 times. The development of the family office business in Hong Kong continues to gain momentum. The New Capital Investment Entrant Scheme has continued to receive overwhelming response since its launch in March, with more than 550 applications received so far. It is expected to bring in more than HK$16.5 billion in investments to Hong Kong.
     
    ​     The spokesman added, “As an international financial centre, Hong Kong brings together the world’s top financial institutions and talent, provides professional financial services, and owns a deep and broad capital market. Our regulatory system aligns with those of major overseas markets, with the free flow of information and capital. Under ‘one country, two systems’, Hong Kong’s unique position of having the strong support of the motherland while being closely connected to the world empowers us to fully leverage our role as a ‘super connector’ and ‘super value-adder’.
     
    ​     “The Government will continue to actively understand, respond to and embrace changes to promote the high-quality development of the financial sector. In the stock market, we are proactively enhancing its breadth and depth as well as boosting market efficiency and competitiveness, including establishing the listing regime for specialist technology companies, reforming GEM, maintaining trading under severe weather, facilitating share buyback and introducing the new treasury share regime, and further attracting listing. We are also endeavouring to deepen financial mutual access between the Mainland and Hong Kong so as to further strengthen Hong Kong’s role in connecting the Mainland and international capital markets. Measures include expanding the eligible scope of exchange-traded funds under Stock Connect, and taking forward a series of enhancements to Swap Connect. Regarding green finance, Hong Kong is working on the full adoption of the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) for sustainability reporting. We also seek to create healthy and suitable conditions for the development of virtual assets (VA) by improving the regulatory framework with the proposed licensing regimes for fiat-referenced stablecoin issuers and VA over-the-counter service providers, so as to promote the sustainable development of Hong Kong’s Web3 ecosystem. We are also strengthening the nurture of talent in various financial fields through launching a series of internship and training schemes, with a view to building a sustainable talent pool for the financial sector in Hong Kong.”
     
    ​     The GFCI Report is released in March and September every year since 2007. In GFCI 36, 121 financial centres were assessed, and Hong Kong ranked third globally with an overall rating of 749.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: 6 building plans approved in July

    Source: Hong Kong Information Services

    The Buildings Department approved six building plans in July – two in Kowloon and four in the New Territories.

    Of the approved plans, two were for apartment and apartment-commercial developments, one was for commercial development, and three were for community services developments.

    Consent was given for works to start on eight building projects which, when completed, will provide 49,388 sq m of gross floor area for domestic use involving 608 units, and 31,424 sq m of gross floor area for non-domestic use.

    Additionally, the department received notification of commencement of superstructure works for four building projects.

    It also issued 15 occupation permits – three on Hong Kong Island, five in Kowloon and seven in the New Territories.

    The buildings certified for occupation comprise 91,964 sq m of gross floor area for domestic use, involving 2,209 units, and 36,644 sq m for non-domestic use.

    Meanwhile, the department received 3,311 reports about unauthorised building works in July and issued 659 removal orders.

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: Towards a new Declaration for the Protection of Humanitarian Personnel

    Source: United Kingdom – Executive Government & Departments 3

    Foreign Ministers of Australia, Jordan, Switzerland, Indonesia, Sierra Leone, the United Kingdom, Japan, Brazil and Colombia gave a joint statement on the protection of humanitarian personnel.

    Statement by Foreign Ministers of Australia, Jordan, Switzerland, Indonesia, Sierra Leone, the United Kingdom, Japan, Brazil and Colombia:

    Australia, Jordan, Switzerland, Indonesia, Sierra Leone, the United Kingdom, Japan, Brazil and Colombia, today announced the formation of a Ministerial Group for the Protection of Humanitarian Personnel, dedicated to upholding and championing international humanitarian law and driving action to protect humanitarian personnel in conflict zones.

    International humanitarian law is the foundation for alleviating human suffering in wars. It limits the effects of armed conflict and regulates the conduct of hostilities. It provides for the protection of civilians, including the protection and respect of humanitarian personnel who assist and protect the victims of armed conflict, and notably provide the food, water and medical care that civilians in conflict zones need to survive.

    But respect for international humanitarian law is severely undermined, with consequences for current and future conflicts. Calls for compliance are not being heard.

    2023 was the deadliest year on record for humanitarian personnel, with 280 killed and hundreds more wounded and kidnapped. 2024 is on track to be even worse.

    This year alone, we have seen humanitarian personnel killed in Sudan, South Sudan, Ukraine, Yemen and many other contexts. Gaza is the most dangerous place on earth to be an aid worker, with over 300 humanitarian personnel killed since the start of the war.

    In forming this Ministerial Group, and in partnership with humanitarian organisations, we rededicate ourselves to the protection of humanitarian personnel. We stand together, seizing the momentum created by the adoption of UN Security Council Resolution 2730 in May 2024, to strengthen international commitment and translate it into action, to reverse current trends.

    The Ministerial Group has decided to pursue a Declaration on the Protection of Humanitarian Personnel.

    The Declaration will be developed over the coming months, and will demonstrate the unity of the international community’s commitment to protect humanitarian personnel and to channel that commitment into action in all current and future conflicts. All countries will be invited to join the Declaration.

    The Declaration will support the United Nations Secretary-General in his endeavours to improve the safety and security of humanitarian personnel, including in accordance with UNSCR 2730.

    Updates to this page

    Published 23 September 2024

    MIL OSI United Kingdom

  • MIL-OSI Translation: ASIA/INDONESIA – Appointment of the new director of the Pontifical Mission Societies

    MIL OSI Translation. Region: Italy –

    Source: The Holy See in Italian

    Tuesday, September 24, 2024

    Vatican City (Agenzia Fides) – Cardinal Luis Antonio G. Tagle, Pro-Prefect of the Dicastery for Evangelization (Section for the first evangelization and the new particular Churches), on 5 September 2024, appointed Rev. Fr. Alfonsus Widhiwiryawan SX, director of the Pontifical Mission Societies (PMS) of Indonesia for five years. The new director of the Indonesian PMS was born in 1979 and carried out his novitiate and first religious vows with the Xaverian missionaries in Jakarta. He was ordained a priest in 2009 and studied philosophy and theology, obtaining a bachelor’s degree in theology and a license in spirituality. He studied Italian language and culture in Parma, Spanish language in Madrid and English language in Glasgow. He was vice rector of the pre-novitiate of the Xaverian missionaries in Jakarta (2011-2023), assistant parish priest in the parish of St. Matius Penginjil in Bintaro (Jakarta) where he also served as a religion teacher in a state institute (2013-2015); a theology teacher at the STF Driyarkara in Jakarta, he was a member of the formation commission of the Xaverian missionaries of Indonesia (2012-2016). A teacher in biblical institutions in Indonesia and vice rector of the philosophy studentate at the Xaverian missionaries in Jakarta (2015-2016), he was director of animation and missionary vocation of the Xaverian missionaries in Yogyakarta (2016-2021). In 2021 he held the role of rector of the Domus San Francesco Saverio in Padang (Central Sumatra). From 2022 to 2024 he was responsible for the commission for the youth of the diocese of Padang and diocesan director of the PMS of the same diocese; he was also vice parish priest of the parish of San Francesco d’Assisi in Padangbaru (Central Sumatra) and formator of the Minor Seminary “Maria Nirmala” in Padang. (EG) (Agenzia Fides 24/09/2024) Share:

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Asia-Pac: Good Employer Charter 2024 Presentation Ceremony and Good Employee Recognition Campaign Kick-off Ceremony held today

    Source: Hong Kong Government special administrative region

    Good Employer Charter 2024 Presentation Ceremony and Good Employee Recognition Campaign Kick-off Ceremony held today
    Good Employer Charter 2024 Presentation Ceremony and Good Employee Recognition Campaign Kick-off Ceremony held today
    ******************************************************************************************

          The Labour Department (LD) held the Good Employer Charter 2024 (Charter 2024) Presentation Ceremony and the Good Employee Recognition Campaign Kick-off Ceremony today (September 24), commending all good employers while launching the Good Employee Recognition Campaign.       Speaking at the ceremony, the Secretary for Labour and Welfare, Mr Chris Sun, expressed gratitude to every good employer for implementing flexible work arrangements and offering assistance to employees to enable them to balance the needs of work and personal lives, which are conducive to unleashing the potential of the local labour force.      Various sectors have supported the Charter 2024, with a total of 1 596 organisations being accredited as signatories, representing an increase of nearly 70 per cent from the previous term. Among them, 1 002 organisations are authorised to use the “Supportive Family-friendly Good Employer” logo which symbolises a commitment to promoting a family-friendly employment culture. Moreover, 318 organisations have been signatories for three consecutive terms with consistent good human resource management practices in place. Representatives from three signatories of the Charter 2024 shared their successful experiences in carrying out good human resource management and family-friendly employment practices at the event today.       In furtherance of the Charter 2024, the LD launched for the first time the Good Employee Recognition Campaign to encourage participating signatories to nominate their employees to join the Campaign to express their gratitude and recognition for their contributions. Good employees can be measured in the following five key aspects, namely work ability, attitude to clients, adaptability, team spirit, and a sense of belonging to the organisation. Nominated employees or teams being accredited by the panel of judges will each be awarded the Good Employee Commendation Certificate and a lapel pin to recognise their outstanding performances and contributions to the organisations.      The Presentation Ceremony and the Kick-off Ceremony is one of the signature events in celebration of the 75th anniversary of the founding of the People’s Republic of China. Mr Sun said that the current-term Government attached great importance to improving employees’ benefits, promoting employment, and protecting the occupational safety and health of employees. He hoped that different groups in society would continue to support the government-led Charter and the Good Employee Recognition Campaign, and work together closely to foster win-win labour relations as well as a harmonious and inclusive community.      The LD has published a newspaper supplement introducing the Charter 2024 and the Good Employee Recognition Campaign as well as major initiatives of the current-term Government to improve employees’ rights and benefits. For details of Charter 2024 and the Good Employee Recognition Campaign, please visit the website: www.gec.labour.gov.hk.     The Good Employer Charter has come to its third round since it was first awarded in 2018, and is supported by eight organisations, namely the Chinese General Chamber of Commerce, Hong Kong; the Chinese Manufacturers’ Association of Hong Kong; the Employers’ Federation of Hong Kong; the Federation of Hong Kong Industries; the Hong Kong General Chamber of Commerce; the Hong Kong General Chamber of Small and Medium Business; the Hong Kong Institute of Human Resource Management, and the Hong Kong Small and Medium Enterprises Association. The aforementioned organisations, together with the Hong Kong Federation of Trade Unions and the Federation of Hong Kong and Kowloon Labour Unions, are supporting organisations of the Good Employee Recognition Campaign. 

     
    Ends/Tuesday, September 24, 2024Issued at HKT 16:30

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Samsung’s Biggest Festive Sale ‘Fab Grab Fest’ is back with Never-seen Before Deals & Offers on Smartphones, Digital Appliances, Smart Televisions, Monitors, Tablets & More

    Source: Samsung

     
    Samsung, India’s largest customer electronics brand, today announced its biggest festive sale ‘Fab Grab Fest’ starting 26th September, offering exciting deals and cashback on Galaxy smartphones, tablets, laptops, accessories, wearables, smart televisions, digital appliances and smart monitors. These never-before offers will be available on Samsung.com, Samsung Shop App and Samsung Exclusive Stores.
     
    Buy More Save More
    At heart of this festive sale will be Buy More Save More, where customers can avail an additional up to 5% discount when purchasing two or more products. This offer is only applicable on select smartphones, wearables, smart televisions and digital appliances while purchasing through Samsung.com or Samsung Shop App.
     
    As part of Buy More Save More, Consumers buying the Galaxy Z Fold6 can get Galaxy Buds FE at just ₹ 1249 in addition to all other applicable offers. Similarly, those buying the Galaxy Book4 can get a FHD Flat Monitor at just ₹ 1920. There are also a host of other products at no extra cost such as convection microwave when customer purchases the BESPOKE Family Hub Fridge & a Q-Symphony Soundbar when customers purchase the Neo QLED 8K Smart Television.
    Samsung’s commitment of delivering more value is what’s sets Fab Grab Fest apart. Beyond price discounts, bank cashback offers and exchange deals, ‘Buy More, Save More’ ensures that Samsung.com customers get a little extra for every purchase, whether it is smartphones, accessories, smart televisions or digital appliances.
     
    Fab Grab Fest will not only offer best prices but also unmatched value through Samsung’s trusted Direct-to Consumer channels. Alongside special deals, customers can be assured of the quality, authenticity, and product availability.
     
    During ‘Fab Grab Fest’, consumers can get up to 53% off on select models of the Galaxy Z series, Galaxy S series, and Galaxy A series smartphones. Select models of Galaxy Book4 series laptops will be available at a discount of up to 27% off, while specific models of Tab A9 and Tab S9 series, Buds3 Series, Galaxy Watch Series will have up to 74% off.
     
    The offers extend beyond smartphones with up to 43% off on Samsung Smart Televisions – Neo QLED 8K, Neo QLED, QLED, The Frame and  Crystal 4K UHD, The Freestyle projector. Additionally, customers purchasing select 55-inch and above models will be able to get their  hands on a free Samsung Smart Television or Soundbar. During this festive sale, Samsung will also extend a three- years Comprehensive Warranty for free on select 32″ and above Smart Televisions.
     
    Samsung’s monitors will be available at up to 67% off. Additionally, select smart and gaming monitors can fetch instant cart discount of up to ₹ 10000.
     
    The excitement doesn’t end here, Customers can get up to 39% off on a wide range of premium appliances such as Side by Side and French Door Refrigerators. They will also get a 20-year warranty on Digital Inverter Compressors. Front Load and Top Load washing machines of 8Kg and above capacity will have up to 28% off and 20 years warranty on Digital Inverter motor. There will also be an instant cart discount of up to ₹ 2000 on select 9Kg Fully Automatic Front Loading washing machines.
     
    Cashback on with ICICI, HDFC and SBI and other leading banks
     
    Consumers can enjoy up to 40% cashback (up to ₹ 15000) on select smartphones, tablets, wearables, and laptops when using debit and credit cards from ICICI, HDFC, and other leading banks during the Fab Grab Fest.
     
    Additionally, for purchases of select smart televisions and digital appliances customers can avail up to 22.5% cashback (up to ₹ 25000) when using debit or credit cards from ICICI, HDFC, SBI and other leading banks as part of the Fab Grab Fest offers.
    Fab Grab Fest Offers
    Products / Category
    Consumer Offer
    Highlight Models
    Smartphones
    Up to 53% off
    Galaxy Z Fold6, Galaxy Z Flip6, Galaxy S24 Ultra, Galaxy S24+, Galaxy S24, Galaxy S23 Ultra, Galaxy S23+, Galaxy S23, Galaxy S23 FE, Galaxy A55 5G, Galaxy A35 5G, Galaxy M35 5G, Galaxy M15 5G, Galaxy F55 5G
    Laptops
    Up to 27% off
    Galaxy Book4 Pro 360, Galaxy Book4 Pro, Galaxy Book4 360, Galaxy Book4
    Tablets, Accessories & Wearables
    Up to 74% off
    Galaxy Tab S10 Series, Galaxy Tab S9 Series, Galaxy Tab S9 FE+, Galaxy Tab S9 FE, Galaxy Tab A9+, Galaxy Tab A9, Galaxy Watch7 Series, Galaxy Watch Ultra, Galaxy Watch FE, Galaxy Buds3 Pro, Galaxy Buds3, Galaxy Buds FE, Galaxy Fit3
    TVs
    Up to 43% off
    Special Offer: Free Neo QLED 8K, Neo QLED, Crystal 4K UHD TVs and Soundbars*
    3 Years Comprehensive Warranty^
    Neo QLED 8K, QLED, The Frame, Crystal 4K UHD, The Freestyle
    *Select 55″ & above TVs
    ^Select 32″ and above TVs
    Refrigerators
    Up to 39% off
    20 Years warranty on Digital Inverter Compressor
    Get Instant Cart Discount of up to ₹ 5000**
    Starting EMI : ₹ 3990 /mo. for French Door Refrigerators & Side by Side RefrigeratorsSpecial Offer :  – Buy Side by Side or French Door Refrigerators and get one year extended warranty at ₹ 449~
    All Side by Side and French Door Refrigerators
    **Select Side by Side refrigerators
    ~ Select Side by Side & French Door refrigerators (RF87 / RF90)
    Washing Machines
    Up to 28% off
    20 years warranty on Digital Inverter motor
    Fully Automatic Front Loading: Starting EMI ₹ 1990
    Fully Automatic Top Loading: Starting EMI ₹ 990
    Get instant cart discount of up to ₹2000^^^
    All Front Load >= 8Kg | Top Load > =8Kg washing machines
    ^^^ Select 9Kg Fully Automatic Front Loading models
    Microwaves
    Up to 31% off
    10-year warranty on Ceramic Enamel Cavity
    Get Instant Cart Discount of up to ₹ 500~~
    All Microwaves
    ~~ Select 28L Convection microwave ovens
    Monitors
    Up to 67% off
    Get instant cart discount of up to ₹ 10000***
    All Monitors
    ***Select Smart and Gaming monitors
    Bank Cashback
    Up to 40% cashback with ICICI, HDFC,  and other leading bank debit and credit cards (Up to ₹ 15000) ##
    Up to 22.5% cashback with ICICI, HDFC, SBI and other leading bank cards (Up to ₹ 25000)^^
    ## Smartphones, tablets, wearables, and laptops.
    ^^ Select TVs & Digital Appliances
     

    MIL OSI Economics

  • MIL-OSI Security: U.S. Coast Guard, Navy medically evacuate ill crewman from foreign fishing vessel northwest of Saipan

    Source: United States Coast Guard

     

    09/24/2024 04:34 AM EDT

    SANTA RITA, Guam — The U.S. Navy’s Helicopter Sea Combat Squadron 25 (HSC-25) conducted a successful medical evacuation of a 37-year-old crewman from the 95-foot Chinese Taipei-flagged fishing vessel Jin Hsiang Fa, approximately 138 nautical miles northwest of Saipan on Sept. 21, 2024, with coordination from U.S. Coast Guard Forces Micronesia/Sector Guam. “Having the support of hoist-capable aircraft like the MH-60S and our HSC-25 partners is invaluable for search and rescue operations in the Pacific,” said Vince Grochowski, command duty officer at Coast Guard Forces Micronesia/Sector Guam. “Their ability to quickly access vessels at sea and provide transport of mariners to a higher level of medical care can be lifesaving, particularly in remote areas like this.” Following a request for assistance from the Rescue Coordination Center (RCC) Taipei at 10:30 p.m. on Sept. 20, the Joint Rescue Sub-Center (JRSC) Guam began coordinating the response with HSC-25. “RCC Taipei was vital in this rescue by keeping us updated and helping bridge the language gap between the ship and the aircrew,” said Lt. Chelsea Garcia, search and rescue mission coordinator. “Their teamwork ensured we could respond quickly and get the crewman the medical care he needed without delay.”

    For breaking news follow us on twitter @USCGHawaiiPac

    MIL Security OSI

  • MIL-OSI United Kingdom: Global Partnership for Action on Gender-Based Online Harassment and Abuse calls for urgent action on countering gendered disinformation

    Source: United Kingdom – Executive Government & Departments

    The governments of Australia, Chile, Denmark, France, Iceland, the Republic of Korea, Spain, Sweden, New Zealand, the UK and the USA gave this joint statement.

    Joint statement from the governments of Australia, Chile, Denmark, France, Iceland, the Republic of Korea, Spain, Sweden, New Zealand, the United Kingdom and the United States of America:

    The undersigned country members of the Global Partnership for Action on Gender-Based Online Harassment and Abuse (Global Partnership) call attention to the urgent need to counter the spread of gendered disinformation and address all forms of technology-facilitated gender-based violence (TFGBV) against women in political and public life.  

    Gendered disinformation is a threat to societies defending peaceful, democratic values. False or misleading gender and sex-based narratives are being used in campaigns by malign actors to deter and discredit the participation of women, girls and LGBTQI+ persons in political and public life. This not only causes deep harm to the individuals targeted, but also threatens electoral integrity, access to information and the exercise of freedom of expression. At the same time, new and emerging technologies are being used to enable harmful, violent rhetoric and attacks against women, girls and LGBTQI+ public figures across borders at a scale and speed previously unseen.

    In our 2023 Road Map, the Global Partnership committed to promoting the meaningful participation in public life for women and girls, in all their diversity, by countering TFGBV and gendered disinformation. 

    We welcome the work being done to shine a light on how and why gendered disinformation is conceived, who it targets and how it is spread. Last year, in a groundbreaking study, Canada, the European External Action Service, Germany, Slovakia, the United Kingdom, and the United States jointly assessed the tactics used by foreign state and non-state actors to sow gendered and other identity-based disinformation across the world.

    In March 2024 the Global Partnership and members of its Advisory Group co-hosted a multi-stakeholder conference convened by the National Democratic Institute on possible responses (PDF, 2.1 MB) to countering the spread of gendered disinformation in the context of electoral processes. Stakeholders affirmed the need for a comprehensive response to disrupt the spread of gendered disinformation and to support victims and survivors.

    The world is at a critical moment for upholding democracy. More than 100 countries have held, or are soon to be holding elections, many of them taking place under democratically challenging circumstances. The active participation of all people, including women, girls and LGBTQI+ persons, is essential for secure, healthy and prosperous democracies.   

    We call upon states to join us in recognising and taking action to counter the threat of gendered disinformation to democracies globally. We urge technology and other private companies to take appropriate action to respond to this threat, including a commitment to a Safety-by-Design approach to the development and deployment of platforms and technologies. We ask states and all stakeholders to defend and protect the ability of women, girls and LGBTQI+ persons to participate in public life freely, safely and without fear.

    Updates to this page

    Published 24 September 2024

    MIL OSI United Kingdom

  • MIL-OSI New Zealand: Significant progress on SH1/29 intersection upgrade

    Source: New Zealand Government

    Motorists and freight will now drive through a new roundabout at the SH1/SH29 intersection at Piarere, marking a major milestone for one of the Government’s Roads of Regional Significance that will improve safety and reliability for motorists and freight using this strategic corridor, Transport Minister Simeon Brown says.

    “The Government is committed to delivering infrastructure that boosts economic growth, reduces congestion, and creates a safer and more reliable transport network,” Mr Brown says. 

    “Great progress has been made on the construction of this 60-metre-wide roundabout since we kicked off construction in January this year to improve safety and wait times for people travelling through the Waikato.

    “While construction on the roundabout continues, the roundabout has today opened with two temporary approaches now in action.  

    “SH1 and SH29 are strategically important to the upper North Island and this milestone will come as welcomed news for the more than 2,500 heavy commercial vehicles and 25,000 cars that travel through this pinch point every day.” 

    The roundabout has been strategically designed to connect into a new Road of National Significance (RoNS) between Cambridge and Piarere.

    “Our Government is prioritising a four-lane upgrade of SH1 from Cambridge to Piarere, a critical RoNS that was put on hold under the previous government. Reviving this upgrade will enable Kiwis and freight get where they want to go quickly and safely, supporting economic growth and boosting productivity.”

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: Cross-boundary passenger traffic estimation and arrangements for National Day festive period (with photos)

    Source: Hong Kong Government special administrative region

    Cross-boundary passenger traffic estimation and arrangements for National Day festive period (with photos)
    Cross-boundary passenger traffic estimation and arrangements for National Day festive period (with photos)
    ******************************************************************************************

         The Immigration Department (ImmD) estimates that around 10.03 million passengers (including Hong Kong residents and visitors) will pass through Hong Kong’s sea, land and air control points during the upcoming National Day festive period (from September 28 to October 7). The ImmD, in consultation with the Shenzhen General Station of Exit and Entry Frontier Inspection and other Mainland authorities, estimates that around 8.54 million passengers will pass through land boundary control points. The number of outbound and inbound passengers using land boundary control points will be relatively higher on October 1 (Tuesday), with around 523 000 passengers and 632 000 passengers respectively.      The ImmD estimates that the passenger traffic at the Lo Wu Control Point, the Lok Ma Chau Spur Line Control Point and the Shenzhen Bay Control Point will be heavy, with a daily average forecast of about 208 000, 185 000 and 118 000 passengers respectively.       To cope with the anticipated heavy traffic during the festive period, the ImmD has minimised leave for frontline officers for the flexible deployment and operation of extra clearance counters and kiosks. Additional security guards will also be deployed to provide crowd management support.      Furthermore, the ImmD, the Police, the Customs and Excise Department and the MTR Corporation Limited will set up a joint command centre at the Lo Wu Control Point to make necessary arrangements. The ImmD will also establish close communication with Mainland authorities, including the Shenzhen General Station of Exit and Entry Frontier Inspection. To ensure a smooth passenger traffic flow, passenger conditions will be closely monitored and appropriate traffic diversion plans will be adopted when necessary.      To avoid congestion and a longer than usual waiting time for immigration clearance, the ImmD advises all land boundary passengers to plan in advance, avoid making their journeys during busy periods and keep track of radio and TV broadcasts on traffic conditions at various control points. The expected busy times at boundary control points are available on the website of the ImmD at www.immd.gov.hk. Furthermore, passengers may also check the estimated waiting times at each land boundary control point at any time or place via the Immigration Mobile Application (ImmD Mobile App). They can then plan their trips effectively and save time queuing at control points. The ImmD Mobile App can be downloaded free of charge from the Apple App Store (supports iOS version 11.0 or above), Google Play (supports Android version 8.0 or above), Huawei AppGallery (supports Android version 8.0 or above) and the APK file available on the ImmD website. Passengers can download the ImmD Mobile App by scanning the QR code (see Annex) or via the ImmD website, www.immd.gov.hk. In addition, information on public transport services to and from various control points is available on the Transport Department website at www.td.gov.hk.      For travellers making journeys to the Mainland, the ImmD reminds them to carry their proof of identity and valid travel documents for crossing the boundary. Hong Kong residents should also check the validity of their Home Visit Permits. Non-permanent residents must carry their valid smart identity card as well as their Document of Identity for Visa Purposes or valid travel document.      Holders of the acknowledgement receipt issued due to reported loss or replacement of their Hong Kong identity cards, or children under 11 years old who hold Hong Kong identity cards, should carry a valid travel document or Re-entry Permit.      About 700 e-Channels have been installed at various control points. Hong Kong residents enrolled for the Express e-Channel should re-enrol if they have been issued with a new identity card. Furthermore, the Contactless e-Channel service is available at all control points now. All eligible Hong Kong residents, after enrolment, can generate an encrypted QR code through the Contactless e-Channel mobile application to enter the e-Channel, and then verify their identity with the facial verification technology for automated immigration clearance.      In addition, all control points have introduced self-service departures for visitors to Hong Kong (Smart Departure) which provides greater travel convenience for visitors. The service employs facial recognition technology for identity verification, which allows eligible visitors holding electronic travel documents to perform self-service departure clearance through Smart Departure e-Channels without prior enrolment.      Hong Kong residents who require assistance while travelling outside Hong Kong may call the 24-hour hotline of the Assistance to Hong Kong Residents Unit of the ImmD at (852) 1868.

     
    Ends/Tuesday, September 24, 2024Issued at HKT 16:42

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Rents set for two new estates

    Source: Hong Kong Information Services

    The Housing Authority today said rents for 2,551 flats in four blocks of two new public rental housing estates will be set at the best rent level for their districts.

    The best monthly rent in urban districts of $104.4 per sq m will apply to 1,088 flats in Kin Yan House and Moon Yan House of Hiu Yan Estate.

    In Sheung Shui, the best monthly rent of $74 per sq m will apply to 1,463 flats in Fu Pak House and Kam Yuk House of Choi Shek Estate.

    Under this rent-fixing exercise, rents for over 69% of the flats will be less than $2,500 a month.

    The authority said the rents are heavily subsidised and inclusive of rates, management fees and maintenance costs.

    It added that applicants who are allocated new flats but cannot afford the rents may request refurbished flats at lower rents or apply for assistance under the Rent Assistance Scheme.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: StartmeupHK Festival 2024 showcases Hong Kong’s thriving start-up ecosystem (with photos)

    Source: Hong Kong Government special administrative region

         The annual StartmeupHK Festival is set to return to Hong Kong from October 21 to 25, 2024, following its previous successes. Curated by Invest Hong Kong (InvestHK) and themed “A Future Unlimited”, this year’s Festival will delve into contemporary topics such as AI, web3, GameFi, responsible tech, healthtech, greentech, sustainability, and more. As Asia’s premier start-up event, the festival anticipates participation from over 12 000 start-ups, investors, and technology enthusiasts from around the world.

         Featuring five main events and a series of community events, what sets this year’s Festival apart is its inclusion of captivating activities in multiple locations across Hong Kong and beyond, with speakers ranging from global business leaders to some of the world’s most innovative entrepreneurs. The Festival will also host a lineup of interactive activities like conferences, debates, exhibitions, pitching competitions, and additional networking opportunities. The Startups team of InvestHK has been conducting roadshows across Asia, Europe, and the Middle East to promote the Festival and position Hong Kong as an ideal location for start-ups to thrive in Asia.

         The Director-General of Investment Promotion at InvestHK, Ms Alpha Lau, said, “I am thrilled to witness the triumphant return of this remarkable event, as it reaffirms Hong Kong’s leading position as a thriving hub for innovation and start-up success. Start-ups in Hong Kong enjoy a vibrant network of incubators and accelerators, a pool of experienced angels and venture capitalists, and a welcoming community of fellow entrepreneurs. This comprehensive ecosystem has fostered the growth of numerous unicorns and a rapidly expanding start-up landscape, covering diverse sectors such as fintech, retail tech, healthtech, and greentech.”
          
         She added, “The remarkable resilience and continued growth of Hong Kong’s start-up ecosystem are a testament to its attractiveness. Our 2023 Startup Survey revealed record-high figures, with 4 257 start-ups employing a total of 16 453 staff. This encouraging result can be attributed to favourable factors such as our simple tax system, low tax rate, accessibility to international and regional markets, accessibility to funding, business opportunities in Mainland China, and the free flow of information. Our strong entrepreneurial culture further reinforces Hong Kong’s position as a launchpad for start-ups seeking to access the Guangdong-Hong Kong-Macao Greater Bay Area and the broader Asian market.”
          
         The Head of Startups at InvestHK, Ms Jayne Chan, said, “This year’s StartmeupHK Festival is promised to be more impactful than ever, fostering stronger connections and collaborations among participants, enabling international investors and other key stakeholders to engage the city’s thriving start-up community. This year, we have curated the StartmeupHK Festival to explore the most influential and forward-thinking topics around innovation and technology, igniting the exchange of ideas and inspiring new initiatives that can unlock limitless possibilities for positive change.”
          
         She continued, “The Festival will include community events to enhance connections in the start-up ecosystem, such as a unique event where regional venture capital (VC) investors pitch to start-up founders, as well as fun activities such as a harbour run and Peak hike with members of the tech community. Additionally, the Start-ups team is conducting global roadshows in cities like London and Shanghai to showcase Hong Kong’s advantages, including access to talent, markets, and funding. These efforts will continue until the festival begins to promote Hong Kong and the Festival to a wider global audience.”
          
    Main events

         Day 1 (October 21) – As the opening event of the StartmeupHK Festival 2024, JUMPSTARTER Ignition Gala by Alibaba Entrepreneurs Fund will be held at the Asia Society Hong Kong Center. In addition to launching their JUMPSTARTER for One Earth global start-up competition to find companies committed to driving global positive change, the event will feature an AI theme with discussions on investments, trends and regional developments in this area.

         Day 2 (October 22) – Game On! 2024, hosted by MaGESpire, will celebrate the essence of gaming, art, music, and entertainment (GAME) industries at Soho House, Sheung Wan. If you are a hardcore gaming fan or art / music enthusiast or an entertainment aficionado keen to learn more about how new technologies are transforming this space, then you must join us!

         Day 3 (October 23) – LOUDER Connect, organised by LOUDER Global will be held at the Hong Kong Maritime Museum that will boasts a diverse network of global speakers, each brought together to collaborate and engage in meaningful conversations. The event will showcase a series of engaging Radical Debates, mentor-business matching, interactive workshops, and networking opportunities at the iconic Hong Kong Maritime Museum and Star Ferry.

         Day 4 (October 24) – Hosted by Brinc, the Asia Health Innovation Summit will be held at TOWER 535 in the vibrant district of Causeway Bay. This premier event will unite Asia’s health technology ecosystem, bringing together start-ups, professionals, investors and government to drive transformative innovation in healthcare. Key discussions include advancements in biotechnology, AI, MedTech, and wholistic well-being and more.

         Day 5 (October 25) – Organised by New World Development, 1.5°C Summit – The Defining Decade for Impact with Tech will be held at K11 Musea. This unique tech summit on climate change is dedicated to identifying and implementing the necessary actions to reduce emissions over the next decade. The event will convene leading experts, entrepreneurs, and stakeholders who are actively engaged in mitigating the effects of climate change. Participants will share their insights on how technology can revolutionise industries and foster a more sustainable future.

    Community events

         The StartmeupHK Festival 2024 will feature an engaging array of community events across Hong Kong, providing attendees with exceptional opportunities to discover innovative ideas and connect with a diverse network of people.

         October 20 – Led by Hong Kong’s experimental activity group, Rock & Run, join a group of like-minded individuals for the Victoria Peak Sunset Hike – a perfect way to end your day with stunning views!

         October 20 – With the support of Alibaba Entrepreneurs Fund, tap into the regional VC investors with rev Hong Kong, for insights into the propositions, and personalities, of your future potential backers at the Asia Society Hong Kong Center. Connect with top VCs, spanning Pre-Seed to Series B, as they pitch their funds in just five minutes, followed by your questions.

         October 21 and 24 – Start your day with an exclusive small-group breakfast designed for people leaders in a Head role across business and HR, to connect, collaborate, and inspire one another. People Leaders’ Breakfast Roundtable is a unique opportunity to exchange insights around strategies for leadership and people development for the talent landscape in Hong Kong, in a relaxed and closed-door setting. A limited 10-guest experience will be curated for each day.

         October 23 – In partnership with the Hong Kong British Chamber of Commerce and hosted by the Eaton Club, come check out the UK Tech Founders Showcase Event where leading tech founders from the UK will showcase their latest innovations and solutions. The evening features fireside chats with UK tech founders who will share their insights, providing a valuable opportunity to network with industry peers while enjoying drinks and light snacks.

         October 23 – To wrap up StartmeupHK Festival 2024, join Rock & Run for a Central Harbourfront Evening Run. It is going to be an amazing scenic run to see a different side of Hong Kong.

         October 24 – Join us for an evening of China PropTech Startup Expedition in partnership with UrbanLab and Hong Kong PropTech Association. This exclusive event will showcase Mainland China’s tech start-ups that have their sights set on global success through market development in Hong Kong and beyond.

    Road shows

         The Start-ups team has been going on road shows and will continue to promote Hong Kong and the Festival to a wider global audience.

         The London Startup Conference 2024 that was held on June 27 gathered start-up founders, investors, and industry experts for networking and workshops focused on business growth.

         Following this, IVS2024 KYOTO was held on July 5. Participants explored the intersection of Japan’s cultural heritage and modern technology, emphasising web2, web3, and AI advancements.

         On July 13, International Graduates & Returnees Entrepreneurship Sharing in Chengdu highlighted the entrepreneurial journeys of international students and returnees.

         The UrbanLab Global Expedition x Hong Kong 1.5°C Summit Briefing on August 16 witnessed discussions on the opportunities through Hong Kong, while the Georgian National Startup Competition on August 20 aimed to connect emerging market founders with investors.

         A series of Startup Nights in Beijing, Shenzhen, and Hangzhou throughout September also helped provide networking platforms for scaling start-ups in Asia.

         The Game On! 2024 – Dubai Edition event was held on September 13 to celebrate the gaming and entertainment industries, and The Latin Kaleidoscope event in Hong Kong on September 20 and 21 showcased Latin American culture and innovation.

         Last but not least, The Barcelona Startup Conference 2024 on October 1 will bring together local start-up leaders and investors for collaboration and growth opportunities.         

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Secretary-General of ASEAN addresses China-ASEAN Business Leaders Forum

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today delivered his opening remarks at the China-ASEAN Business Leaders Forum under the framework of the 21st China-ASEAN Business and Investment Summit (CABIS). In his remarks, Dr. Kao stressed the importance of the RCEP and ACFTA as key to advancing ASEAN and China economic competitiveness, offering real opportunities for businesses. These has simplified customs procedures and harmonizes trade rules, making every cross-border business transaction more cost-effective and helping businesses reach new customers and suppliers.

    Download the full opening remarks here.

    The post Secretary-General of ASEAN addresses China-ASEAN Business Leaders Forum appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN delivers remarks at the RCEP High-Level Dialogue on Economic and Trade Cooperation

    Source: ASEAN

    Secretary-General of ASEAN Dr. Kao Kim Hourn today delivered remarks at the RCEP High-Level Dialogue on Economic and Trade Cooperation, held in Nanning, China. The Dialogue, themed “Collaboratively Promoting the Upgrade of the China-ASEAN Free Trade Area 3.0 and Sharing the Benefits of Regional Economic Integration under RCEP”, provided a platform to advance regional economic integration and foster deeper collaboration between ASEAN and China.

    In his remarks, Dr. Kao spoke about the RCEP and ASEAN-China Free Trade Area (ACFTA), where he highlighted the importance of leveraging these frameworks to enhance trade and investment opportunities in the region. In particular, he called on businesses to take full advantage of the RCEP and the ACFTA 3.0 upgrade, which has the enormous potential to unlock new business opportunities.

    Download the full remarks here.

    The post Secretary-General of ASEAN delivers remarks at the RCEP High-Level Dialogue on Economic and Trade Cooperation appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Samsung’s Biggest Festive Sale ‘Fab Grab Fest’ is back with Never-seen Before Deals & Offers on Smartphones, Digital Appliances, Smart Televisions, Monitors, Tablets & More

    Source: Samsung

     
    Samsung, India’s largest customer electronics brand, today announced its biggest festive sale ‘Fab Grab Fest’ starting 26th September, offering exciting deals and cashback on Galaxy smartphones, tablets, laptops, accessories, wearables, smart televisions, digital appliances and smart monitors. These never-before offers will be available on Samsung.com, Samsung Shop App and Samsung Exclusive Stores.
     
    Buy More Save More
    At heart of this festive sale will be Buy More Save More, where customers can avail an additional up to 5% discount when purchasing two or more products. This offer is only applicable on select smartphones, wearables, smart televisions and digital appliances while purchasing through Samsung.com or Samsung Shop App.
     
    As part of Buy More Save More, Consumers buying the Galaxy Z Fold6 can get Galaxy Buds FE at just ₹ 1249 in addition to all other applicable offers. Similarly, those buying the Galaxy Book4 can get a FHD Flat Monitor at just ₹ 1920. There are also a host of other products at no extra cost such as convection microwave when customer purchases the BESPOKE Family Hub Fridge & a Q-Symphony Soundbar when customers purchase the Neo QLED 8K Smart Television.
    Samsung’s commitment of delivering more value is what’s sets Fab Grab Fest apart. Beyond price discounts, bank cashback offers and exchange deals, ‘Buy More, Save More’ ensures that Samsung.com customers get a little extra for every purchase, whether it is smartphones, accessories, smart televisions or digital appliances.
     
    Fab Grab Fest will not only offer best prices but also unmatched value through Samsung’s trusted Direct-to Consumer channels. Alongside special deals, customers can be assured of the quality, authenticity, and product availability.
     
    During ‘Fab Grab Fest’, consumers can get up to 53% off on select models of the Galaxy Z series, Galaxy S series, and Galaxy A series smartphones. Select models of Galaxy Book4 series laptops will be available at a discount of up to 27% off, while specific models of Tab A9 and Tab S9 series, Buds3 Series, Galaxy Watch Series will have up to 74% off.
     
    The offers extend beyond smartphones with up to 43% off on Samsung Smart Televisions – Neo QLED 8K, Neo QLED, QLED, The Frame and  Crystal 4K UHD, The Freestyle projector. Additionally, customers purchasing select 55-inch and above models will be able to get their  hands on a free Samsung Smart Television or Soundbar. During this festive sale, Samsung will also extend a three- years Comprehensive Warranty for free on select 32″ and above Smart Televisions.
     
    Samsung’s monitors will be available at up to 67% off. Additionally, select smart and gaming monitors can fetch instant cart discount of up to ₹ 10000.
     
    The excitement doesn’t end here, Customers can get up to 39% off on a wide range of premium appliances such as Side by Side and French Door Refrigerators. They will also get a 20-year warranty on Digital Inverter Compressors. Front Load and Top Load washing machines of 8Kg and above capacity will have up to 28% off and 20 years warranty on Digital Inverter motor. There will also be an instant cart discount of up to ₹ 2000 on select 9Kg Fully Automatic Front Loading washing machines.
     
    Cashback on with ICICI, HDFC and SBI and other leading banks
     
    Consumers can enjoy up to 40% cashback (up to ₹ 15000) on select smartphones, tablets, wearables, and laptops when using debit and credit cards from ICICI, HDFC, and other leading banks during the Fab Grab Fest.
     
    Additionally, for purchases of select smart televisions and digital appliances customers can avail up to 22.5% cashback (up to ₹ 25000) when using debit or credit cards from ICICI, HDFC, SBI and other leading banks as part of the Fab Grab Fest offers.
    Fab Grab Fest Offers
    Products / Category
    Consumer Offer
    Highlight Models
    Smartphones
    Up to 53% off
    Galaxy Z Fold6, Galaxy Z Flip6, Galaxy S24 Ultra, Galaxy S24+, Galaxy S24, Galaxy S23 Ultra, Galaxy S23+, Galaxy S23, Galaxy S23 FE, Galaxy A55 5G, Galaxy A35 5G, Galaxy M35 5G, Galaxy M15 5G, Galaxy F55 5G
    Laptops
    Up to 27% off
    Galaxy Book4 Pro 360, Galaxy Book4 Pro, Galaxy Book4 360, Galaxy Book4
    Tablets, Accessories & Wearables
    Up to 74% off
    Galaxy Tab S10 Series, Galaxy Tab S9 Series, Galaxy Tab S9 FE+, Galaxy Tab S9 FE, Galaxy Tab A9+, Galaxy Tab A9, Galaxy Watch7 Series, Galaxy Watch Ultra, Galaxy Watch FE, Galaxy Buds3 Pro, Galaxy Buds3, Galaxy Buds FE, Galaxy Fit3
    TVs
    Up to 43% off
    Special Offer: Free Neo QLED 8K, Neo QLED, Crystal 4K UHD TVs and Soundbars*
    3 Years Comprehensive Warranty^
    Neo QLED 8K, QLED, The Frame, Crystal 4K UHD, The Freestyle
    *Select 55″ & above TVs
    ^Select 32″ and above TVs
    Refrigerators
    Up to 39% off
    20 Years warranty on Digital Inverter Compressor
    Get Instant Cart Discount of up to ₹ 5000**
    Starting EMI : ₹ 3990 /mo. for French Door Refrigerators & Side by Side RefrigeratorsSpecial Offer :  – Buy Side by Side or French Door Refrigerators and get one year extended warranty at ₹ 449~
    All Side by Side and French Door Refrigerators
    **Select Side by Side refrigerators
    ~ Select Side by Side & French Door refrigerators (RF87 / RF90)
    Washing Machines
    Up to 28% off
    20 years warranty on Digital Inverter motor
    Fully Automatic Front Loading: Starting EMI ₹ 1990
    Fully Automatic Top Loading: Starting EMI ₹ 990
    Get instant cart discount of up to ₹2000^^^
    All Front Load >= 8Kg | Top Load > =8Kg washing machines
    ^^^ Select 9Kg Fully Automatic Front Loading models
    Microwaves
    Up to 31% off
    10-year warranty on Ceramic Enamel Cavity
    Get Instant Cart Discount of up to ₹ 500~~
    All Microwaves
    ~~ Select 28L Convection microwave ovens
    Monitors
    Up to 67% off
    Get instant cart discount of up to ₹ 10000***
    All Monitors
    ***Select Smart and Gaming monitors
    Bank Cashback
    Up to 40% cashback with ICICI, HDFC,  and other leading bank debit and credit cards (Up to ₹ 15000) ##
    Up to 22.5% cashback with ICICI, HDFC, SBI and other leading bank cards (Up to ₹ 25000)^^
    ## Smartphones, tablets, wearables, and laptops.
    ^^ Select TVs & Digital Appliances
     

    MIL OSI Economics

  • MIL-OSI USA News: Background Press Call on President  Biden’s Engagements at  UNGA

    Source: The White House

    Via Teleconference

    5:33 P.M. EDT

    MODERATOR:  This is Michael Feldman with the NSC press team.  Just as a reminder for today’s call, it is on background and attributable to senior administration officials.  The call is also under embargo until 5:00 a.m. Eastern Standard Time tomorrow morning.

    For awareness and not for attribution, on today’s call we have [senior administration official] and [senior administration official].  I will now turn the call over to [senior administration official] to give some opening remarks.  Over to you.

    SENIOR ADMINISTRATION OFFICIAL:  Excellent.  Thank you.  And good evening, everybody.  We’re very excited for the President’s trip to this year’s U.N. General Assembly, the last one of his presidency. 

    So, at meetings at the U.N. this week, we’re going to get a lot of business done for the American people.  The President, the Secretary of State, other Cabinet officials, and even some members of Congress are here in New York to advocate for our country’s interests and values. 

    At the General Assembly, the President will do what he has done throughout his presidency: rally global action to tackle some of our world’s biggest challenges.  So, for example, he’ll be talking this week about the climate crisis and the environment.  We’ll be talking about the need to strengthen our systems for providing humanitarian assistance; to end brutal wars in Gaza, Ukraine, and Sudan; and we’ll also be talking about the implications of new technologies such as artificial intelligence. 

    When President Biden came to office nearly four years ago, he pledged to restore American leadership on the world stage.  And given that this is the President’s last General Assembly, it’s a chance for him to talk about how this approach has produced results, real achievements for the American people and for the world. 

    The President’s engagements this week reflect his vision for a world where countries come together to solve big problems.  This stands in contrast to some of our competitors, who have a more cynical and transactional worldview, one where countries interpret their self-interest very narrowly and don’t work together for the common good. 

    An overarching theme at this year’s General Assembly will be the need to reform and strengthen our global institutions, including the U.N., to make them more effective and inclusive.  And that’s been a big theme of the U.N. Secretary-General’s Summit for the Future, the marquee event at high-level week this year. 

    Last week, President Biden released a video message ahead of the summit.  I encourage you all watch it.  You can find it on the Web.  In the video, the President spoke about using this moment to reaffirm our commitment to the Charter of the United Nations, the Universal Declaration of Human Rights.  And he talked about pushing for a stronger, more effective United Nations and a reformed and expanded Security Council.  And he also talked about our efforts, investing billions in achieving the Sustainable Development Goals and building on the global consensus that we achieved last spring in the United Nations General Assembly on principles for the use of artificial intelligence. 

    We’re going into a General Assembly this year with the world facing many steep challenges, problems so big no one country can solve them on their own, but that’s why the President feels so strongly the world needs strong and effective global institutions, including an adapted United Nations.  This is his vision of countries working together.  It has been a theme of his presidency and an important part of his legacy. 

    Let me just briefly note the President’s key engagements, and then I’ll turn over to my colleague to discuss the major event that he’s hosting on the Global Coalition to Address Synthetic Drug Threats. 

    On Tuesday morning, tomorrow, he will deliver and address to the U.N. General Assembly.  It will have many of the themes that I’ve mentioned here and talk about — again, some of the achievements of his approach to the United Nations and global cooperation. 

    The President will also meet tomorrow with U.N. Secretary-General Guterres to talk about how the United States and the United Nations are working together to advance peace, safeguard human rights, and help countries develop. 

    On Tuesday afternoon, the President will host a summit of the Global Coalition to Address Synthetic Drug Threats, and I’ll turn over to my colleague in a second to talk about that. 

    The President is also giving a major address later that afternoon on the urgent need to combat climate change. 

    On Wednesday, the President will meet with the President of Vietnam, To Lam.  The President of Vietnam just came into office four months ago, and this meeting will be an important opportunity for the two leaders to talk about our shared interest in stability and prosperity in Southeast Asia. 

    The President will also attend, that afternoon, a meeting focused on Ukraine reconstruction with other world leaders. 

    And then on Wednesday evening, at the Met, the President will host world leaders and senior U.N. officials for a reception. 

    This is just a small slice of all the diplomacy and business that we’re doing here at the U.N. General Assembly.  There’ll be high-level meetings on the future of multilateral cooperation, sea level rise, antimicrobial resistance.  Really, every big, major challenge will be addressed here, and we’ll have senior U.S. representatives at all of these main events on issues such as the impact of emerging technology and specific meetings on global crises such as the difficult situation in Haiti, Sudan, Venezuela, Ukraine, Syria, and the Rohingya refugee crisis. 

    Other U.S.-hosted and U.S.-attended side events will focus on climate; scaling clean energy for Africa; a major core group meeting of countries committed to LGBTQ rights that was attended by the First Lady; and partnering for a lead-free future. 

    So, again, this is just a small slice of everything that is going on, plus the countless private sector and civil society events focusing on the great challenges of the 21st century. 

    So, as I mentioned, we’re going to use this high-level week, the President’s last U.N. General Assembly, to get as much done for the American people in the coming days.

    I’d like to now turn over to my colleague who will discuss the President’s summit on the Global Coalition to Address Synthetic Drug Threats.

    SENIOR ADMINISTRATION OFFICIAL:  Great.  Thanks so much, and thanks to all of you for joining this call. 

    I wanted to share with you the exciting news that, on Tuesday, President Biden will, as [senior administration official] already said, host a summit of the Global Coalition to Address Synthetic Drug Threats.  This is a coalition that President Biden launched in June 2023 to mobilize international action to tackle the synthetic drug crisis. 

    In just over one year, this global coalition has grown to include 158 countries and 15 international organizations working together to prevent the illicit manufacture and trafficking of synthetic drugs, to detect emerging drug threats, and to promote effective public health interventions. 

    With the summit as a motivating force, we now have 11 core coalition countries that will be joining the President tomorrow, and they will be announcing new initiatives that will continue to advance the work of the coalition, including work to prevent, detect, and disrupt the supply chain of synthetic drugs. 

    It’s important to emphasize that these international efforts complement intensive work that’s already been done and is being done domestically, including an increased focus on coordinated disruption of drug trafficking networks and concerted efforts to make the opioid overdose reversal medication, naloxone, widely available over the counter. 

    These are just some of a wide array of actions that the Biden-Harris administration has taken to tackle the synthetic drug threats. 

    And as a result of these efforts, we’re starting to see the largest drop in overdose deaths in recorded history.  When President Biden and Vice President Harris came into office, the number of drug overdose deaths was increasing by more than 30 percent year over year.  Now we have the latest provisional data released from the Centers for Disease Control, National Center for Health Statistics, showing an unprecedented decline in overdose deaths of roughly 10 percent from April 2023 to April 2024.

    But there’s a lot more to be done, and the Global Coalition’s work recognizes that we need a global solution to a global problem. 

    We are thrilled that we have so many countries coming together tomorrow to celebrate the work of the coalition, and we also will be announcing a new pledge that all of the core coalition members will be announcing — will be signing on to tomorrow, and we will be working over the coming months to ensure that all coalition members sign on to this pledge. 

    And we truly think that this is a reflection of President Biden’s commitment to work both domestically and globally on the most important challenges that we face, recognizing that we need both domestic action and global action working together. 

    And with that, I’ll turn it back to [senior administration official].

    SENIOR ADMINISTRATION OFFICIAL:  Thanks, Michael.  I’ll turn it back to you. 

    MODERATOR:  All right.  Thank you, [senior administration officials].  All right, with that, we will take some questions. 

    The first question is going to go to Zeke Miller.  You should be able to unmute yourself. 

    Q    Thanks so much for doing this.  You mentioned this is the President’s last U.N. of his presidency.  He’s going to deliver remarks to the General Assembly tomorrow.  Can you give us a preview, potentially, of what his message will be?  And will it be different from his prior remarks, in the sense — you know, obviously, world events have changed, but, you know, with an eye towards his legacy?  Or is there some message he’s trying to give on the world stage before he leaves office in January?  Thank you.

    SENIOR ADMINISTRATION OFFICIAL:  You know, the themes I — thanks, Zeke.  The themes I previewed at the beginning will be really central to the President.  So, again, he came into office four years ago with a vision of America returning to the world stage, having a new way of interacting with other countries, bringing countries together to solve some of these big challenges.  This will be a good opportunity for him to look at the results that have been achieved. 

    We live in a world with many problems, with many divisions, but we have a story to tell about what we’ve done to rally the world to defend Ukraine’s sovereignty, uphold principles of the U.N. Charter; what we’ve done to manage responsibly our competition with other countries including China; and also what we’re doing to deal with the ongoing and serious conflicts in our world in places like Gaza, where the President has worked tirelessly to get a hostage ceasefire deal, and conflicts like Sudan, where you have absolutely unprecedented displacement and a really serious crisis that we think needs to get more attention. 

    So I think that will be the frame, and I’ll leave the details for the President’s speech tomorrow.

    MODERATOR:  Great.  Thank you very much.  Our next question is going to go to Asma Khalid.  You should be able to unmute yourself.

    Q    Yes.  Hi.  Thanks for doing this.  Similarly, sort of on the speech, could I get a sort of broad, I guess, framework or tone that you all are thinking about?  I know you say that the President came into office talking about building international coalitions, wanting to rebuild the United States stature on the world, but this is a really different moment than when the President even gave the speech last year, before October 7th.  He is now leaving office, and there are multiple sort of intractable problems right now in the world.  And can you just kind of give us any sense of tone in how the President is thinking about that and the very limited time he has left to solve them?

    SENIOR ADMINISTRATION OFFICIAL:  Thanks, Asma.  Look, I think it’s a good question.  The world has changed.  The world has gotten more difficult in many ways, as you noted. 

    But, you know, as I said, the President came into office with a vision of how countries need to work together, how they need to work through institutions, how they need to partner to solve big global challenges.  And the fact that we do have these challenges, the fact that we do have Gaza, the fact that we do have Ukraine and Sudan, still serious issues in our world, just underscores the need for that kind of cooperation.  And I think you’ll hear that in his speech. 

    Yes, he’ll talk about the significant accomplishments, achievements of his approach, but also talk about how we need the spirit, we need to continue working together to solve these big challenges, whether it is the wars you mentioned or other challenges such as the climate crisis or managing the implications of some of the new technologies. 

    So I think this will be an important moment to say: Where do we go and what are the principles in which we’re going to solve these problems?  Thanks.

    MODERATOR:  Thank you very much.  Our next question is going to go to Paris Huang.  You should be able to unmute yourself. 

    Q    All right.  Hi.  Thank you, Michael.  Thank you, [senior administration official].  Two-parts question.  So, kind of follow up on the questions from Zeke and Asma.  So, of course, we know China and Russia have been heavily influencing the U.N. for years.  You know, we see all those voting records.  And President Biden have been doing a lot of reform during the four years.  Does he believe that those changes will sustain after he leaves the White House?

    And second question: In last year’s UNGA remarks, President Biden talked about the peace and stability of Taiwan Strait, which was the first time a U.S. president actually talked about Taiwan at the UNGA.  So, will he include Taiwan again in his remarks this year?  Thank you.

    SENIOR ADMINISTRATION OFFICIAL:  Thanks.  And I appreciate the question.  I think it’s a good question in terms of, you know, have we left the United Nations as an institution better off.  I think we do have results, and the President will talk about that.  You know, it’s a time of great divisions, and the U.N. has already been — has always been a reflection of the world as it is. 

    That said, when you look at what we’ve done, including through the United Nations, to, for example, rally the world to defend the U.N. Charter after the Ukrainian invasion, we secured a U.N. General Assembly resolution in which 141 countries stood up and said, “We condemn this, and we stand in favor of the U.N. Charter.”

    You’ve also seen a more progressive and forward-leaning position on institutional reform.  For example, two years ago, the President announced a shift and a more forward-leaning position in reforming and expanding the United Nations Security Council.  And that’s definitely a piece of this well as well. 

    I won’t get into the details on, you know, specifically what he’ll mention on individual issues, but I will say that an important part of the President’s legacy has been thinking about how we responsibly manage our competition with China, and that includes many facets, economic security, and those will be addressed in the speech.

    MODERATOR:  Thank you very much.  Our next question is going to go to Sheryl Gay Stolberg.  You should be able to unmute yourself, Sheryl.

    Q    Hi.  Thank you for doing this call.  You know, this is not a political speech, but it does occur in the context of an election in which one of the candidates has an isolationist vision that is far apart, diametrically opposed to that of the President.  And I’m wondering, to what extent can the President use this speech to ensure that his own vision of global alliances survives?  Is he concerned that that vision will unravel?

    And will this speech be in any way directed to the American people, as much as to world leaders, as a reminder of the importance of America’s place in the world?

    SENIOR ADMINISTRATION OFFICIAL:  Look, as you said, this is not a political speech, but the President, again, he has a vision.  He came into a vision — into office.  That vision has produced results.  And there are many opponents and critics of that vision, not just internationally but at home.  It has been the President’s view that he needs to explain why this vision of working together with countries to solve these big challenges actually produces results, and that’s actually how we’re going to be measured. 

    And when I say “produces results,” that means internationally, in terms of ending war, in terms of tackling challenges like sustainable development, the debt crisis, climate, but it also means that he needs to explain how his vision has produced results for the American people.  And that’s where I think there’s a very strong record, and some of it is very, very tangible. 

    For example, the summit on the coalition on synthetic drugs, that is him bringing together countries, all of whom share a challenge — dealing with synthetic drugs — but convening them here, talking about deliverables, talking about how we’re going to work together.  And this is something that directly affects the situation of the American public, as my colleague briefed earlier, in terms of the overall record on issues like fentanyl. 

    So I think he’ll lay that out tomorrow, and I think it will stand as representing that vision and what it’s achieved.

    MODERATOR:  Thank you very much.  We will go to Danny Kemp.  You should be able to unmute yourself.

    Q    Thanks very much for doing this.  I just wanted to ask about the current situation in the Middle East.  I mean, you know, the speech tomorrow is really going to be a bit overshadowed by the events in Lebanon, where we’ve seen nearly 500 people killed in the space of a day.  How’s he going to address that?  And more particularly, how will the President be seeking to — will he be talking to other leaders about that?  What’s he actually going to be doing at the UNGA more generally to try and get this thing sorted out?  Thanks.

    SENIOR ADMINISTRATION OFFICIAL:  This is one of the advantages of the U.N. General Assembly: You literally have the whole world here.  So when you do have crises of the day, they’ll be addressed.  And I have no doubt that the situation in the Middle East will be an important theme in a lot of the meetings, not just that the President has, but other senior U.S. officials who will be convening to talk about various aspects of the crisis and what we can do to stabilize the situation. 

    He will address the Middle East, especially this very, very difficult year that we have all gone through.  And again, I think it’s an opportunity to talk about what we have achieved and what we still need to do, given a situation that is just heartbreaking where hostages have not been returned, the humanitarian situation in Gaza, and, as you know, just such a sensitive issue, such a delicate and dangerous situation between Israel and Lebanon right now.

    Thanks.

    MODERATOR:  Thank you very much.  And unfortunately, that is all the time we have today.  Thank you all for joining this call.  Thank you to our speakers.  And feel free to follow up with our team at the NSC press team with any questions. 

    And again, this call is under embargo until 5:00 a.m. tomorrow.  Thank you all again, and hope you have a great rest of your evening.

    5:53 P.M. EDT

    MIL OSI USA News