Category: Asia Pacific

  • MIL-OSI USA: Governor Newsom announces additional crews to assist Texas search and rescue operations

    Source: US State of California 2

    Jul 8, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the deployment of an additional 18 highly skilled Urban Search and Rescue Team members to Texas to assist with ongoing response efforts related to severe flooding impacts.

    The deployment includes a total of four units of Human Remains Detection (HRD) Teams, which also include a total of eight canines. The deployed teams are from the Los Angeles County, Riverside City, Menlo Park and Orange County Fire Departments.   

    The 18 Urban Search and Rescue Team members sent today are in addition to the 9 members deployed yesterday from Riverside City and Oakland City

    The scale of loss and devastation Texas is experiencing right now is unfathomable. California is proud to lend a helping hand to our fellow Americans.

    Governor Gavin Newsom

    During this deployment to Texas, California personnel will use their highly-developed and specialized skills to assist emergency operations in and around the hardest hit areas based on priorities and direction of state and local officials to assist with search and rescue operations.  In close coordination with Texas and through the Emergency Management Assistance Compact (EMAC), the California Governor’s Office of Emergency Services (Cal OES) is deploying these crews.

    “Cal OES deploys these experienced teams to help those in need in Texas,” said Cal OES Director Nancy Ward. “These search and rescue professionals have the training needed to navigate extreme conditions.”

    Potential exists for additional flood impacts in the area. California stands ready to send additional resources as requested.

    Since 1992, California-based resources have been deployed to a long list of state, national, and even international disasters including 2017’s Hurricanes Harvey, Irma and Maria, 1992 Hurricane Iniki (Hawaii), the 1994 Northridge Earthquake, the September 11, 2001 attacks, the World Trade Center, Hurricane Katrina and Hurricane Rita, Hurricane Ian, the Camp Fire in Paradise, the Oklahoma City Bombing, and the Montecito Mudslides.

    This deployment does not impact California’s emergency response and firefighting capabilities.

    Press releases, Recent news

    Recent news

    News Perris, California — On June 18, 2025, the First Partner visited the Inland Empire to meet with California communities impacted by the Trump Administration’s federal immigration raids. The First Partner visited TODEC, a local nonprofit organization that’s become…

    News SACRAMENTO – Governor Gavin Newsom today announced the deployment of skilled Urban Search and Rescue Team members to Texas to assist with ongoing response efforts related to severe flooding impacts. “California stands with all those who have lost loved ones,…

    News What you need to know: California added area the equivalent of Glacier National Park to its conserved lands and coastal waters in just the last year – marking significant progress toward its goal of 30% conservation by 2030. SACRAMENTO – Governor Gavin Newsom…

    MIL OSI USA News

  • MIL-OSI USA: MEDIA RELEASE: HAWAIʻI ARMY NATIONAL GUARD READY TO SUPPORT FIRE SUPPRESSION MISSION IF NEEDED

    Source: US State of Hawaii

    MEDIA RELEASE: HAWAIʻI ARMY NATIONAL GUARD READY TO SUPPORT FIRE SUPPRESSION MISSION IF NEEDED

    Posted on Jul 8, 2025 in Latest Department News, Newsroom

    STATE OF HAWAI‘I

    KA MOKU ʻĀINA O HAWAIʻI

     

    HAWAI‘I DEPARTMENT OF DEFENSE

    KA ʻOIHANA PILI KAUA

    OFFICE OF THE ADJUTANT GENERAL

    JOSH GREEN, M.D.

    GOVERNOR

    KE KIAʻĀINA

    MAJOR GENERAL STEPHEN F. LOGAN

    ADJUTANT GENERAL

    KA ʻAKUKANA KENELALA

    BRIGADIER GENERAL PHILLIP L. MALLORY

    DEPUTY ADJUTANT GENERAL

    KA HOPE ʻAKUKANA KENELALA

     

     

    HAWAIʻI ARMY NATIONAL GUARD READY TO SUPPORT FIRE SUPPRESSION MISSION IF NEEDED

     

     

    FOR IMMEDIATE RELEASE

    July 8, 2025

    #2025-003

    WAHIAWĀ, HAWAIʻI ­­­­­­­­­— Due to concerns with recent repeated wildfire emergency responses in the West Oʻahu and South Maui areas, Gov. Josh Green, M.D., Commander in Chief of the Hawai‘i National Guard, activated aircrew members to provide additional aerial firefighting capabilities to augment county and state level first responder elements.

    Gov. Green issued the 24th Emergency Proclamation related to wildfires to facilitate the state’s response. Today’s decision enables assets to posture for an immediate response, which increases our capacity to contain and extinguish a fire in its early stage.

    The Hawaiʻi Emergency Management Agency and the Hawaiʻi National Guard are in communication with the affected counties and stand ready to support.

    ###

    Media contact:
    Maj. (Ret) Jeffrey D. Hickman
    Director, Public Affairs
    State of Hawai‘i, Department of Defense
    Office: 808-441-7000
    Direct: 808-779-8008
    [email protected]

    MIL OSI USA News

  • SEBI bars Jane Street over alleged Bank Nifty manipulation

    Source: Government of India

    Source: Government of India (4)

    Jane Street has been barred from the Indian securities market by its markets regulator, which has said the U.S. firm used its trading strategies to “manipulate” a key stock market index, leading to losses for millions of retail investors, allegations Jane Street has rejected.

    WHAT EXACTLY IS SEBI ACCUSING JANE STREET OF DOING?

    The Securities and Exchange Board of India (SEBI) in its interim order said Jane Street accumulated large volumes of constituent stocks of the Bank Nifty index, which comprises the 12 top Indian bank stocks, in the cash and futures markets, thus pushing up the index prices.

    Simultaneously, Jane Street took short positions in the derivatives segment by buying cheap “put” options and selling expensive “call” options linked to the Bank Nifty, the regulator said.

    The SEBI order said that during the second half of most days in which Jane Street’s positions were studied, the U.S. firm reversed the first leg of its trade, selling the constituents in the cash and futures markets, thereby pushing down the price of the index and its constituents.

    This, in turn, led to a rise in value for the “put” options and a drop in value for “call” options, earning Jane Street large profits, which outweighed any losses that were incurred during the first leg of the trade.

    SEBI said this trading pattern created “a false or misleading appearance of market activity” and attracted “unsuspecting” investors to trade at levels that were “artificial and temporary”.

    WHAT IS JANE STREET SAYING ABOUT ITS INDIA TRADING STRATEGY?

    Jane Street, in an internal email to its employees, said the activities in question were what is known as an “arbitrage trade”, which is commonly used by large trading firms in financial markets.

    In an arbitrage trade, firms simultaneously buy and sell the same asset in different markets and pocket the profits from the difference in prices.

    In its internal memo, Jane Street argued there was a large gap between the price of the Bank Nifty index in the options markets and the price implied by the level at which the stocks were trading. This divergence, it said, was clearly observed and Jane Street traded in a direction consistent with closing that gap.

    Arbitrage trading is legal in India.

    WHAT FACTORS WERE CRUCIAL TO JANE STREET’S INDIA STRATEGY?

    According to details in the SEBI order, the first is size.

    In the first leg of the trade, where Jane Street was buying shares of constituents of the Bank Nifty Index, it was doing so in volumes large enough to move the index.

    Its trades made up 15%-25% of the entire market’s traded value in the constituents of the banking index, SEBI said.

    The second is the distortions between the cash and derivative markets in India.

    India’s derivatives-to-cash market ratio in terms of volume is the highest in the world, SEBI said. In 2024, this ratio was 400 times.

    In its order, SEBI highlighted Jane Street’s trading activities on January 17, 2024 – one of the trading days under investigation – saying the U.S. firm traded roughly $1.2 trillion (103 trillion rupees) worth of cash-settled options on the Nifty Bank index.

    That amount equates to roughly 353 times the trading volumes of the bank stocks in the index.

    WHO ARE THE LOSERS IN INDIA’S DERIVATIVES MARKET?

    Proprietary trading giants such as Jane Street have made hefty profits from India’s derivatives market, which accounts for roughly 61% of equity options contracts that are currently traded worldwide, according to data from the Futures Industry Association.

    In the 12 months to March 2024, proprietary traders and foreign investors made gross profits of 330 billion rupees and 280 billion rupees, respectively, a SEBI study in September 2024 showed.

    During that same period, retail traders lost 524 billion rupees.

    On Monday, SEBI said retail investor losses on derivative trades widened by 41% to 1.06 trillion rupees in the subsequent year. It did not blame proprietary traders for the widening losses of retail investors and nor did it provide fresh data on gains made by proprietary traders.

    WHAT ARE THE NEXT STEPS FOR JANE STREET AND SEBI?

    SEBI has seized $567 million of Jane Street’s funds, equivalent to the amount of what it calls “unlawful gains”.

    The U.S. firm can deposit that amount and regain access to the Indian markets. It also has 21 days to file its reply or any objections to the order, and can also challenge the order judicially via the Securities Appellate Tribunal.

    SEBI, meanwhile, is working on a final order and also expanding its investigation into Jane Street’s trade on indexes other than the Bank Nifty.

    -Reuters

  • MIL-OSI Banking: Secretary-General of ASEAN Meets with the Minister of Foreign Affairs of Uruguay

    Source: ASEAN – Association of SouthEast Asian Nations

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today held a bilateral meeting with Minister of Foreign Affairs of Uruguay, Mario Lubetkin, on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. They discussed ways to enhance ASEAN- Uruguay cooperation, following Uruguay’s accession to the Treaty of Amity and Cooperation in Southeast Asia.

    The post Secretary-General of ASEAN Meets with the Minister of Foreign Affairs of Uruguay appeared first on ASEAN Main Portal.

    MIL OSI Global Banks

  • MIL-OSI New Zealand: Healthcare – Government must save Tōtara Hospice: NZNO

    Source: New Zealand Nurses Organisation

    The Coalition Government must provide urgent funding to Totara Hospice to stop it having to cut its services by a quarter from next week, NZNO says.
    Totara Hospice provides end-of-life care at no direct cost to patients from a diverse and growing community of around 520,000 South Aucklanders and is the subject of a new documentary series called Hospice Heroes.
    New Zealand Nurses Organisation Tōpūtanga Tapuhi Kaitiaki o Aotearoa (NZNO) delegate and hospice nurse Ed Boswell-Correa said staff were yesterday told the hospice had to reduce the number of people they actively care for in a month from 420 to 320 because of a lack of Government funding.
    “This decision is devastating for the local community. It will mean only the sickest people will be able to access our services.
    “It will force elderly people to remain in aged care facilities when they need specialist palliative care. Other people will be forced to go to Middlemore Hospital for care or worse still, not receive the care they need at all.
    “These people deserve the dignity they are provided by hospice when they are dying.”
    Ed Boswell-Correa says yesterday’s “bombshell announcement” follows a hiring freeze Totara was forced to put in place last month.
    “Fewer nurses and health care assistants mean less care for our patients. We want to be able to provide our patients and their whānau with the health care they need at this traumatic time in their lives,” he says.
    Sadly, Totara Hospice isn’t alone. NZNO is aware of at least four other hospices having to reduce their services. The Coalition Government must provide Te Whatu Ora with the funding it needs to save these services now.
    A report in March found hospices provide taxpayers with at least $1.59 in health benefits for every dollar of government funding. 

    MIL OSI New Zealand News

  • Are flash floods directly linked to climate change?

    Source: Government of India

    Source: Government of India (4)

    The catastrophic flash floods in Texas a couple of days earlier, triggered by extremely heavy rainfall, which caused over 100 deaths and widespread destruction, have once again raised a pressing question- are flash floods directly linked to climate change? Successive research by environmental agencies corroborates this, saying climate change is a significant factor in the increased risk, frequency and intensity of floods in several parts of the world.

    Research suggests human-caused climate change is driving more and more extreme weather conditions, which include extremely heavy and sometimes untimely rains, which directly contribute to flooding, especially when proper city planning is not in place.

    Studies say warmer temperatures cause a more moisture-laden atmosphere, which turns into more intense rainfall with increased frequency. The recent Texas floods were found to have been made significantly worse by climate change, as atmospheric conditions favoured slow-moving thunderstorms, which caused heavy rains in the same area for hours. Warmer global temperatures have increased the atmosphere’s capacity to hold moisture, resulting in heavier and more concentrated rainfall events that can overwhelm drainage systems and waterways.

    In layman’s terms, climate change leads to higher global temperatures and warmer air holds more moisture. Climate-related researches say with every one-degree Celsius rise in temperature, the atmosphere’s capacity to hold more water vapour rises by about 7%.

    It can be understood from the fact that the recent very heavy rainstorms in Texas delivered about 20% more rainfall than they did in the late 1950s, a time when global temperatures were considerably lower, according to the National Climate Assessment. As climate change continues to warm the planet, extreme rainfall events in Texas are projected to become even more frequent in the coming decade, as highlighted in a 2024 report by the state’s climatologist. The worry is that it’s not just Texas, but across the US, the heaviest storms are predicted to produce more rain as the Earth continues to warm.

    Such storms can trigger deadly flooding far inland, which was on full display in 2024 when Hurricane Helene caused severe flooding across Appalachia. Similarly, in 2021, flash floods caused by Hurricane Ida claimed dozens of lives in the Northeastern US. According to the National Climate Assessment, more than one-third of the estimated 230 billion dollar in inland flood damage in the US between 1988 and 2021 would not have occurred without climate change.

    Storms increase the likelihood of intense and short-duration rainfall in several parts of the globe, which is becoming a major trigger for flash floods. Moreover, climate change also gives rise to sea levels and constantly rising sea levels invariably exacerbate coastal flooding, which seriously threatens human populations and physical assets-infrastructure in the coastal regions.

    In fact, across the US, Europe and other parts of the globe, similar patterns are observed with coastal and inland states facing flood risks due to tropical storms, hurricanes and prolonged rainfall events. In the US, riverine floods are also a concern, especially along major waterways like the Mississippi. In many areas, deforestation, wetland loss and poorly planned development have also disrupted natural drainage systems, reducing the landscape’s ability to buffer heavy rains.

    Like the United States, Europe is also grappling with more frequent and severe flooding. In 2021 and successive years, devastating floods in Germany, Belgium, Italy, the Netherlands, Luxembourg, Poland, the Czech Republic, Slovakia, Austria, Hungary and others highlighted the region’s exposure to extreme weather.

    Climate change is intensifying heavy rainfall events across the continent, particularly in Central and Western Europe. Uncontrolled urban expansion, river channelization and reduced natural water retention due to agricultural and industrial development have made many European regions more prone to flooding. In mountainous areas, rapid snowmelt and glacial lake outbursts, both linked to rising temperatures, also contribute to sudden floods.

    Studies have shown that climate change has increased the likelihood and intensity of heavy rainfall events in both the US and Europe. For example, in Europe, research indicates that human-caused climate change doubled the likelihood of the intense rainfall that caused recent floods in Central Europe. Similarly, in the US, climate change has been linked to more extreme rainstorms and increased flood risk.

    Despite the growing risks, many communities around the country are still not planning for more intense rainstorms as they build roads, floodways, and storm infrastructure. Local governments around the country rely on historical rainfall records from concerned agencies.

    Another factor that may be contributing to the severe floods, however, is human activity and land-use change. Most of the recent floods in Central Europe are river floods, which makes the links between the flooding and climate change less straightforward.

    Central Europe’s devastating floods were made worse by climate change, which scientists say offers glimpses of a bleak future for the world’s fastest-warming continent. In fact, Europe is the fastest-warming continent. The last five years were on average around 2.3°C warmer than the second half of the 19th century, according to the Copernicus Climate Service.

    Addressing these challenges requires a multi-pronged approach. In the short term, improving early warning systems, emergency response mechanisms and public awareness can help save lives. Upgrading drainage infrastructure, reinforcing levees and dams and integrating green infrastructure like rain gardens, permeable pavements and restored wetlands are essential for long-term flood resilience. Urban planning must prioritize flood risk zones, restrict construction in vulnerable areas and promote sustainable land use.

    And at a broader scale, reducing greenhouse gas emissions remains critical to mitigating the root cause of climate-driven floods. International cooperation, climate adaptation funding and policy reforms are necessary to prepare communities for the escalating risks posed by a warming world. Without decisive action, not only the US and Europe, but the majority of countries across the globe are likely to see floods becoming an even more destructive and persistent threat in the decades ahead. Without more ambitious climate action, global warming is expected to reach around 3°C by the end of the century, which would be much more disastrous to the humanity.

  • MIL-OSI Asia-Pac: Hong Kong Customs steps up enforcement to combat illicit cigarette telephone-ordering activities and raids suspected “cheap whites” storage centre (with photo)

    Source: Hong Kong Government special administrative region

    Hong Kong Customs has been mounting a territory-wide enforcement operation codenamed “Thunder” starting this week to combat illicit cigarette telephone-ordering activities. A suspected storage centre for duty-not-paid cigarettes, commonly known as “cheap whites”, was shut down yesterday (July 8), and a total of about 1.15 million suspected duty-not-paid “cheap whites” with an estimated market value of about $5.2 million and a duty potential of about $3.8 million were seized. One person involved in the case was arrested.

    Through risk assessment and intelligence analysis, Customs officers conducted an anti-illicit cigarette operation in Tsuen Wan yesterday and intercepted a suspicious-looking man in an industrial building. A batch of suspected duty-not-paid “cheap whites” was seized from the man’s trolley and from two units in the building which were used as a storage centre. The 27-year-old man, who was in charge of the storage centre and claimed to be a salesperson, was subsequently arrested.

    After preliminary investigations, Customs believes that illicit cigarette syndicates would distribute the suspected duty-not-paid “cheap whites” seized to the Tsuen Wan and Kwai Tsing Districts through telephone ordering. The operation has successfully shut down the supply chain in the Districts.

    The investigation is ongoing, and the arrested man has been released on bail pending further investigation.

    Customs reminds all retailers, including newsstands, convenience stores and grocery stores, that if the department has reasonable suspicion that the cigarettes being sold are duty-not-paid products, regardless of the quantity of cigarettes involved, decisive enforcement actions will be taken. Meanwhile, Customs appeals to retailers not to sell cigarettes from unknown sources. They must ascertain whether the relevant cigarette companies or intermediaries are legal and whether the cigarettes they supply are duty-paid in order to avoid criminal liability.

    Customs will continue its risk assessment and intelligence analysis for interception at source as well as through its multipronged enforcement strategy targeting storages, distribution and peddling to spare no effort in combating illicit cigarette activities.

    Customs stresses that it is an offence to buy or sell illicit cigarettes. Under the Dutiable Commodities Ordinance, anyone involved in dealing with, possession of, selling or buying illicit cigarettes commits an offence. The maximum penalty upon conviction is a fine of $1 million and imprisonment for two years.

    Members of the public may report any suspected illicit cigarette activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002/).

    MIL OSI Asia Pacific News

  • MIL-OSI: YieldMax® ETFs Announces Distributions on ULTY, TSLY, LFGY, CRSH, YMAX, and Others

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO and MILWAUKEE and NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) — YieldMax® today announced distributions for the YieldMax® Weekly Payers and Group A ETFs listed in the table below.

    ETF Ticker1 ETF Name Distribution
    Frequency
    Distribution
    per Share
    Distribution
    Rate
    2,4
    30-Day
    SEC Yield3
    ROC5 Ex-Date &
    Record
    Date
    Payment
    Date
    CHPY YieldMax® Semiconductor Portfolio Option Income ETF Weekly $0.3488 32.97% 0.04% 100.00% 7/10/25 7/11/25
    GPTY YieldMax® AI & Tech Portfolio Option Income ETF Weekly $0.2952 32.61% 0.00% 100.00% 7/10/25 7/11/25
    LFGY YieldMax® Crypto Industry & Tech Portfolio Option Income ETF Weekly $0.4817 63.13% 0.00% 100.00% 7/10/25 7/11/25
    QDTY YieldMax® Nasdaq 100 0DTE Covered Call ETF Weekly $0.1909 22.51% 0.00% 100.00% 7/10/25 7/11/25
    RDTY YieldMax® R2000 0DTE Covered Call ETF Weekly $0.3040 34.13% 1.65% 100.00% 7/10/25 7/11/25
    SDTY YieldMax® S&P 500 0DTE Covered Call ETF Weekly $0.1398 16.22% 0.07% 100.00% 7/10/25 7/11/25
    ULTY YieldMax® Ultra Option Income Strategy ETF Weekly $0.0960 80.35% 0.00% 100.00% 7/10/25 7/11/25
    YMAG YieldMax® Magnificent 7 Fund of Option Income ETFs Weekly $0.1263 43.26% 63.17% 90.54% 7/10/25 7/11/25
    YMAX YieldMax® Universe Fund of Option Income ETFs Weekly $0.1347 51.13% 82.40% 95.41% 7/10/25 7/11/25
    BRKC YieldMax® BRK.B Option Income Strategy ETF Every 4
    weeks
    $0.5029 –  –  35.53% 7/10/25 7/11/25
    CRSH YieldMax® Short TSLA Option Income Strategy ETF Every 4
    weeks
    $0.2156 56.91% 3.08% 91.57% 7/10/25 7/11/25
    FEAT YieldMax® Dorsey Wright Featured 5 Income ETF Every 4
    weeks
    $1.4445 50.97% 52.99% 0.00% 7/10/25 7/11/25
    FIVY YieldMax® Dorsey Wright Hybrid 5 Income ETF Every 4
    weeks
    $1.0277 33.52% 35.26% 0.00% 7/10/25 7/11/25
    GOOY YieldMax® GOOGL Option Income Strategy ETF Every 4
    weeks
    $0.3077 33.16% 3.29% 0.00% 7/10/25 7/11/25
    OARK YieldMax® Innovation Option Income Strategy ETF Every 4
    weeks
    $0.3439 50.21% 2.88% 95.16% 7/10/25 7/11/25
    SNOY YieldMax® SNOW Option Income Strategy ETF Every 4
    weeks
    $0.4710 35.69% 2.27% 62.42% 7/10/25 7/11/25
    TSLY YieldMax® TSLA Option Income Strategy ETF Every 4
    weeks
    $0.3873 65.00% 2.76% 82.33% 7/10/25 7/11/25
    TSMY YieldMax® TSM Option Income Strategy ETF Every 4
    weeks
    $0.6378 50.37% 2.87% 95.76% 7/10/25 7/11/25
    XOMO YieldMax® XOM Option Income Strategy ETF Every 4
    weeks
    $0.3649 36.44% 3.62% 92.57% 7/10/25 7/11/25
    YBIT YieldMax® Bitcoin Option Income Strategy ETF Every 4
    weeks
    $0.3812 46.36% 1.54% 87.99% 7/10/25 7/11/25
    Weekly Payers & Group B ETFs scheduled for next week: CHPY GPTY LFGY QDTY RDTY SDTY ULTY YMAG YMAX BABO DIPS FBY GDXY JPMO MARO MRNY NVDY PLTY


    Standardized Performance and Fund details can be obtained by clicking the ETF Ticker in the table above or by visiting us at
    www.yieldmaxetfs.com

    Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (866) 864-3968.

    Note: DIPS, FIAT, CRSH, YQQQ and WNTR are hereinafter referred to as the “Short ETFs.”

    Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

    1 All YieldMax® ETFs shown in the table above (except YMAX, YMAG, FEAT, FIVY and ULTY) have a gross expense ratio of 0.99%. YMAX, FEAT have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. YMAG has a management fee of 0.29% and Acquired Fund Fees and Expenses of 0.83% for a gross expense ratio of 1.12%. FIVY has a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.59% for a gross expense ratio of 0.88%. “Acquired Fund Fees and Expenses” are on fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax® ETFs. ULTY has a gross expense ratio of 1.40%, and a net expense ratio after the fee waiver of 1.30%. The Advisor has agreed to a fee waiver of 0.10% through at least February 28, 2026
    2 The Distribution Rate shown is as of close on July 8, 2025. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future. 
    3 The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended June 30, 2025, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period. 
    4 Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF. 
    ROC refers to Return of Capital. The ROC percentage indicates how much the distribution reflects an investor’s initial investment. The figures shown for each Fund in the table above are estimates and may later be determined to be taxable net investment income, short-term gains, long-term gains (to the extent permitted by law), or return of capital. Actual amounts and sources for tax reporting will depend upon the Fund’s investment activities during the remainder of the fiscal year and may be subject to changes based on tax regulations. Your broker will send you a Form 1099-DIV for the calendar year to tell you how to report these distributions for federal income tax purposes

    Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

    Important Information

    This material must be preceded or accompanied by the prospectus. For all prospectuses, click here.

    Tidal Financial Group is the adviser for all YieldMax® ETFs.

    THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

    Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

    YMAX, YMAG, FEAT and FIVY generally invest in other YieldMax® ETFs. As such, these Funds are subject to the risks listed in this section, which apply to all the YieldMax® ETFs they may hold from time to time.

    Investing involves risk. Principal loss is possible.

    Referenced Index Risk. The Fund invests in options contracts that are based on the value of the Index (or the Index ETFs). This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index or an ETF that tracks the Index, even though it does not.

    Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.

    Russell 2000 Index Risks. The Index, which consists of small-cap U.S. companies, is particularly susceptible to economic changes, as these firms often have less financial resilience than larger companies. Market volatility can disproportionately affect these smaller businesses, leading to significant price swings. Additionally, these companies are often more exposed to specific industry risks and have less diverse revenue streams. They can also be more vulnerable to changes in domestic regulatory or policy environments.

    Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA, HOOD, BRK.B), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way.

    Risk Disclosures (applicable only to GPTY)

    Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory, and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.

    Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.

    Risk Disclosure (applicable only to MARO)

    Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

    Risk Disclosures (applicable only to BABO and TSMY)

    Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

    Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

    Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

    Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting, and investor protection standards than U.S. issuers.

    Risk Disclosures (applicable only to GDXY)

    Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

    Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

    The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

    Risk Disclosures (applicable only to YBIT)

    YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

    Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

    Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

    Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

    Risk Disclosures (applicable only to the Short ETFs)

    Investing involves risk. Principal loss is possible.

    Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

    Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.

    Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA, MSTR), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole. Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to CHPY)

    Semiconductor Industry Risk. Semiconductor companies may face intense competition, both domestically and internationally, and such competition may have an adverse effect on their profit margins. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies’ supply chain and operations are dependent on the availability of materials that meet exacting standards and the use of third parties to provide components and services.

    The products of semiconductor companies may face obsolescence due to rapid technological developments and frequent new product introduction, unpredictable changes in growth rates and competition for the services of qualified personnel. Capital equipment expenditures could be substantial, and equipment generally suffers from rapid obsolescence. Companies in the semiconductor industry are heavily dependent on patent and intellectual property rights. The loss or impairment of these rights would adversely affect the profitability of these companies.

    Risk Disclosures (applicable only to YQQQ)

    Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

    Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

    Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

    YieldMax® ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, or YieldMax® ETFs.

    © 2025 YieldMax® ETFs

    The MIL Network

  • MIL-OSI Economics: Secretary-General of ASEAN Meets with Minister of Foreign Affairs of Indonesia

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today met with Minister of Foreign Affairs of Indonesia, Sugiono, on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. Their discussion focused on ASEAN Community-building efforts, including the follow-up to the 46th ASEAN Summit as well as preparations for ASEAN Day on 8 August 2025, at the ASEAN Headquarters / ASEAN Secretariat. Dr. Kao thanked the Government of the Republic of Indonesia, as the host country, for consistently extending its support to the ASEAN Secretariat.

    The post Secretary-General of ASEAN Meets with Minister of Foreign Affairs of Indonesia appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Asia-Pac: LCQ20: Enhancing clearance efficiency

    Source: Hong Kong Government special administrative region – 4

    Following is a question by the Hon Rock Chen and a written reply by the Secretary for Security, Mr Tang Ping-keung, in the Legislative Council today (July 9):
     
    Question:
     
    It has been reported that serious congestion occurred at various land boundary control points (BCPs) in Hong Kong on June 21 and 22 this year, and crowd management measures had to be implemented at the Heung Yuen Wai/Liantang Control Point, the Shenzhen Bay Port and the Hong Kong Port of the Hong Kong-Zhuhai-Macao Bridge. On the night of June 22, Hong Kong vehicles travelling under the “Quota-free Scheme for Hong Kong Private Cars Travelling to Guangdong via the Hong Kong-Zhuhai-Macao Bridge” (“Northbound Travel for Hong Kong Vehicles” Scheme) even caused serious congestion on the Zhuhai Highway when they returned to Hong Kong. In addition, there are views that some vehicles under “Northbound Travel for Hong Kong Vehicles” Scheme have not travelled according to the reserved time slot, thus affecting the clearance efficiency at BCPs. In this connection, will the Government inform this Council:
     
    (1) whether it has reviewed the main reasons for the serious congestion at land BCPs during the aforesaid period (e.g. whether it was related to factors such as the end of the examination seasons of primary and secondary schools, the improvement of the weather or activities organised by shopping malls in Shenzhen); whether the Government has put in place an inter-departmental joint early warning mechanism which incorporates school calendars and daily schedules of schools in general, weather forecasts as well as information on commercial activities in Shenzhen, so as to make advance assessments and forecasts on the passenger flow at BCPs; if so, of the details; if not, the reasons for that;

    (2) as it has been reported that during the aforesaid period when crowd management was implemented at the Heung Yuen Wai/Liantang Control Point and when there were the peak hours for people returning to Hong Kong at the Shenzhen Bay Port, the authorities did not issue real-time alerts through official channels, whether the Government has reviewed the existing information dissemination mechanism; if so, of the details; if not, the reasons for that;
     
    (3) in order to avoid the aforesaid similar serious congestion in the future, whether the Government will consider implementing new measures, such as formulating temporary crowd management plans or deploying additional BCP personnel to enhance clearance efficiency; if so, of the details; if not, the reasons for that; and
     
    (4) of the number of vehicle owners who have been penalised since the implementation of the “Northbound Travel for Hong Kong Vehicles” Scheme for failing to travel according to the reserved time slot or failing to make a reservation (set out by penalty measure, including refusing to allow their vehicles to travel to Guangdong Province, suspending their eligibility for making another reservation and revoking the relevant licences issued to them); whether the authorities have reviewed the effectiveness of the existing penalty mechanism, and whether they will consider adjusting the mechanism to further ensure that vehicles under the “Northbound Travel for Hong Kong Vehicles” Scheme will travel according to the reserved time slot?
     
    Reply:
     
    President,
     
    In consultation with the Transport and Logistics Bureau, a reply to the questions raised by the Hon Rock Chen is as follows:
     
    (1) With the increasing co-operation between the Mainland and Hong Kong, exchanges at the community level have also intensified. We are pleased to learn that many Hong Kong residents like travelling to the Mainland during weekends or long public holidays, and are glad to learn that the number of Mainland visitors to Hong Kong is on an upward trend. The two-way travel between residents of the Mainland and Hong Kong has also brought economic benefits to both places.
     
    During the weekend of June 21 and 22 this year, around 569 000 outbound passenger trips (Saturday) and around 586 000 inbound passenger trips (Sunday) were recorded at various land boundary control points (BCPs), of which about 80 per cent were Hong Kong residents, representing an increase of about 22 per cent and 18 per cent compared with the average numbers of outbound and inbound passenger trips during normal weekends this year.

    Northbound travel has become a weekend routine for Hong Kong residents. Since travelling is very convenient and there is no need for advance planning, residents can make impromptu trips for different reasons, such as weather conditions on the day or individual preference. The reasons for the relatively higher numbers of inbound and outbound passenger trips in the aforementioned weekend as compared with normal weekends may include the end of the school examination season and improved weather conditions during the weekend.

    The peak hours for outbound and inbound passenger traffic were from 9am to 3pm on Saturday, and from 4pm to midnight on Sunday, which are similar to the northbound travel pattern of Hong Kong residents at normal weekends. As for the vehicular flow, the number of outbound trips for private cars via the Hong Kong Zhuhai Macao Bridge (HZMB) on Saturday was 9 662, among which those under the “Northbound Travel for Hong Kong Vehicles” Scheme (the Northbound Travel Scheme) accounted for 68 per cent, while the number of inbound trips on Sunday was 9 432, which was about 25 per cent higher than the numbers of outbound and inbound trips at normal weekends this year.

    It is noted that the waiting time during the peak hours of cross-boundary traffic at the HZMB Hong Kong Port and Heung Yuen Wai (HYW) BCP was longer than usual. Relevant departments at various BCPs, including the Immigration Department (ImmD), the Customs and Excise Department, the Hong Kong Police Force (HKPF) and the Transport Department (TD), etc. have put in place an inter-departmental co-operation mechanism to monitor the real-time situations at BCPs during different festive occasions and mega events. In view of the heavy traffic at the BCPs over the aforementioned weekend, relevant departments had immediately activated the contingency mechanism. Through close co-ordination and flexible deployment of manpower, operation of additional clearance counters and kiosks, and implementation of appropriate crowd control and traffic diversion measures to maintain order at the BCPs, congestion was alleviated in an orderly manner.

    The TD has always maintained close liaison with local and cross-boundary public transport operators, and would co-ordinate with them to flexibly adjust the frequency of public transport services connecting each BCP during peak cross-boundary travel periods in order to meet the travel needs. During the above-mentioned weekend, public transport operators closely monitored changes in the number of passengers, increased the service frequency during periods of particularly high passenger demand, as well as deployed additional staff to assist passengers and maintain order at the stations, with a view to expediting the dispersal of passengers.

    (2) The Government has disseminated information through various official and unofficial channels, including radio broadcasts, websites, and online media such as social media platforms, to assist residents and passengers in planning ahead and avoid making their journeys during busy periods as far as possible. Passengers may visit the ImmD’s website to check the estimated waiting time of each BCP, and the TD’s “HKeMobility” mobile application or the TD’s website (hkemobility.gov.hk/en/traffic-information/live/cctv) to access the snapshots of traffic conditions at outbound and inbound vehicle clearance plazas of the HZMB Hong Kong Port. They may also browse the relevant websites and mini programmes, etc. of the Shenzhen and Zhuhai authorities to know more about the clearance status of BCPs in the Mainland.
     
    The HKPF will continue to monitor the real-time situations at various BCPs and disseminate the latest information to the public timely through the media or social media in the event of serious congestion at individual BCP, including appealing to the public to adjust their itineraries (e.g. switching to other modes of transport or using other BCPs for boundary crossing) in order to ease passenger and vehicular flows.
     
    Moreover, the TD’s Emergency Transport Co-ordination Centre operates 24 hours a day to closely monitor traffic conditions and public transport services in different areas of Hong Kong, including various BCPs and major stations, and will disseminate the latest traffic information through various channels. Members of the public can check the latest traffic news released by radio, television, and the “HKeMobility”.

    (3) Northbound travel over weekends has become a norm for Hong Kong residents, and the two-way travel between the Mainland and Hong Kong is also a future trend. We therefore need to get well-prepared, and enhance the responsiveness of relevant departments as well as the level of clearance facilitation at the BCPs in order to cope with the increasing demand for clearance services.
     
    The departments at the BCPs will enhance the co-operation mechanism, constantly monitor the real-time situations at various BCPs, and maintain close liaison with the Mainland port authorities through the established port hotlines and real-time notification mechanisms to ensure smooth operation of the BCPs.
     
    With respect to the traffic and vehicular flow at the HZMB Hong Kong Port, the HKPF will, depending on the circumstances, deploy additional police officers to the major roads of the port for on-the-spot observation of traffic conditions, and remind drivers to comply with road markings and drive with care, with a view to ensuring road safety and smooth traffic. When the vehicles enter the clearance plaza and its maximum capacity is reached, the HKPF will also implement traffic control measures in a timely manner to maintain order on the spot.
     
    In addition, to further increase the handling capacity of the HYW BCP, enhancement works are being carried out at its passenger departure hall. Upon completion of the works, the total number of e-Channels in the passenger departure hall will be increased from 14 to 18. As some of its traditional counters have to be closed temporarily in the course of the enhancement works, the ImmD has flexibly deployed resources to set up four temporary counters in the passenger departure hall to minimise the impact of the enhancement works. We will also explore the possibility of further increasing the number of e-Channels.
     
    As stated above, the two-way travel between residents of the Mainland and Hong Kong is a future trend. We need to enhance the handling capacity of BCPs in order to meet the increasing passenger traffic. In particular, the Hong Kong Special Administrative Region Government is collaborating with the Shenzhen Municipal Government to press ahead with the redevelopment project of the Huanggang Port in full steam. The redeveloped new Huanggang Port will implement the co-location arrangement and the “collaborative inspection and joint clearance” mode to provide greater convenience for cross-boundary passengers. The new Huanggang Port will be equipped with 134 “collaborative inspection” automated channels and 68 traditional manual counters, representing a significant increase compared to 39 traditional e-channels and 45 traditional manual counters currently available at the Lok Ma Chau (LMC) Control Point. Its design flow is about 200 000 passenger trips per day. Compared to the LMC Control Point which now serves a daily average of about 37 000 passenger trips, it is believed that the redeveloped new Huanggang Port can meet the future demand for clearance services between the two places.
     
    (4) As stipulated in the terms and conditions of “the Northbound Travel Scheme”, if any participants violate the travel arrangements (including travelling without booking in advance or not travelling within the specified period), the relevant departments of the Guangdong and Hong Kong governments may refuse to allow relevant vehicles to travel to Guangdong Province via the HZMB, and may suspend their travel booking eligibility, or even revoke the relevant permits. At present, the TD regularly shares the booking information on “the Northbound Travel Scheme” with relevant departments at the Hong Kong Port to facilitate their daily operations at the HZMB Hong Kong Port. The TD has also been maintaining close liaison with the relevant Mainland authorities, and conducting spot checks on the cross-boundary records of vehicles under “the Northbound Travel Scheme”, with a view to reviewing the situation of compliance with the terms and conditions.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ21: Safeguarding employment of local workers

    Source: Hong Kong Government special administrative region – 4

         Following is a question by the Hon Luk Chung-hung and a written reply by the Secretary for Labour and Welfare, Mr Chris Sun, in the Legislative Council today (July 9):
     
    Question:
     
         According to the general requirements of the sector-specific labour importation schemes and the Enhanced Supplementary Labour Scheme (ESLS), employers shall fulfil a manning ratio of 2:1 for full-time local employees to imported workers (the manning ratio), and the ESLS also requires applicant employers to undertake a four-week local recruitment exercise and accord priority to employing suitable local workers to fill the job vacancies. However, some workers have reflected that some employers have taken advantage of the loopholes in the relevant policies to dismiss local workers or switch them from full-time to part-time after submitting their labour importation applications to the Labour Department (LD), and some employers even have no intention of recruiting local workers. In this connection, will the Government inform this Council:
     
    (1) given that in the reply to a question raised by a Member of this Council on 18th of last month, the Government indicated that upon completion of the four-week local recruitment procedures, the LD would contact each of the local job seekers who was not employed by the employers and assess whether the employers are genuinely committed to recruiting local workers, of the number of contacts made by the LD with job seekers who were not employed since the launch of the ESLS, and the reasons for the relevant employers’ refusal to employ them; the criteria adopted by the LD for assessing the validity of the employer’s reasons for refusal to recruit;

    (2) whether it has taken the initiative to investigate if employers have made “excessive demands” on local job seekers (i.e. excessively high recruitment thresholds and heavy workload but relatively low salary, etc); if so, of the number of investigations conducted by the LD and the follow-up actions taken; if not, the reasons for that;

    (3) of the mechanism in place to monitor whether employers have strictly adhered to the requirement for conducing four-week local recruitment; whether employers will be required to, before applying for the ESLS, publish the job vacancies on the LD’s Interactive Employment Service website and retain for at least four weeks;

    (4) since 2023, (i) of the number of labour importation applications rejected by the LD due to the failure of the information submitted by the employers to meet the manning ratio; and (ii) of the number of complaints received by the LD regarding employers allegedly failing to continuously meet the manning ratio, the follow-up actions and the corresponding penalties;

    (5) since 2023, of the respective numbers of (a) surprise and (b) non-surprise inspections conducted by the LD (i) at workplaces with imported workers, and (ii) cases detected and follow-up actions taken in respect of non-compliance with the manning ratio requirement, with a breakdown as set out in the table below; and
     

    Year (a) (b)
    (i) (ii) (i) (ii)
    2023        
    2024        
    Since 2025        

     
    (6) of the measures in place to combat the non-compliant acts under various labour importation schemes in order to prevent abuse of the labour importation policy; whether employers will be required to report to the LD the number, name, working hour, wage and so on of their local employees and imported workers on a monthly basis after their labour importation applications have been approved; if so, of the details; if not, not reasons for that?

    Reply:
     
    President,

         To cope with the challenges brought by manpower shortage and on the premise of ensuring employment priority for local workers, the Government has enhanced the mechanism for importation of labour. Apart from launching sector-specific labour importation schemes for the construction sector, transport sector, and residential care homes for the elderly and residential care homes for persons with disabilities, the Labour Department (LD) has implemented the Enhanced Supplementary Labour Scheme (ESLS) since September 4, 2023, to suspend the general exclusion of the 26 job categories as well as unskilled or low-skilled posts from labour importation under the previous Supplementary Labour Scheme for two years.

         The reply to the Member’s question is as follows:

    (1) To safeguard the employment priority for local workers, applicant employers of the ESLS must undertake a four-week local open recruitment and accord priority to employing qualified local workers to fill the vacancies at a salary not lower than the prevailing median monthly wage of a comparable position in the market. Upon employers’ completion of the local recruitment procedures, the LD will contact each of the unsuccessful local job seekers to verify the interview details and confirm if the reasons for not employing the job seekers as reported by the employers are consistent with the facts and reasonable, so as to assess whether the employers have sincerity in recruiting local workers. The most common reason for job seekers not being employed is failing to meet the entry requirements, such as not having relevant work skills and lacking relevant experience.  Depending on the circumstances, the LD will contact each unsuccessful job seeker several times to follow up on the interview results.

    (2) and (3) The LD stringently processes each application under the ESLS, and conducts initial screening for each applied post and reviews the employment terms, including the scope of duties, entry and academic requirements, work locations, monthly salary and hours of work, to ensure that the salary offered by an employer meets the median monthly wage and the recruitment terms are reasonable.

         After passing the initial screening, employers shall adopt the recruitment terms as agreed by the LD and undergo four-week local recruitment. During this period, the LD will publish the job vacancies on the Interactive Employment Service website, conduct job matching for relevant vacancies and disseminate the vacancy information to members of the Labour Advisory Board, relevant trade unions and training institutions to facilitate their referrals of suitable local job seekers for application. Employers shall in parallel place recruitment advertisements in local newspaper(s) or on other recruitment platform(s). The ESLS requires that employers taking on local job seekers through any recruitment channels during the local recruitment period must not offer employment terms less favourable than those agreed by the LD, nor can they impose on job seekers any restrictive requirements such as age or gender, or other entry requirements not approved by the LD.

        Upon completion of the local recruitment procedures, employers shall report the results and submit the recruitment advertisements to the LD for verification. The LD will contact each of the local job seekers who is not employed to verify the interview details. If there is evidence showing that an employer has violated the requirements of local recruitment or refused to employ qualified local job seekers without reasonable grounds, the LD will terminate the processing of the relevant application. The LD will also impose administrative sanction on the employer and refuse to process any other application(s) submitted by the concerned employer in the following year.

    (4) The ESLS requires relevant employers to meet the manning ratio requirement of full-time local employees to imported workers of 2:1 (manning ratio requirement) on a continuous basis. Full-time employees refer to local employees who are directly employed by an employer and work not less than 35 hours per week for operating the relevant business, excluding part-time staff, staff of subcontractors or self-employed persons providing services to the employer. From September 4, 2023, to June 2025, the LD refused 29 applications for labour importation that failed to meet the manning ratio requirement. In addition, the number of imported workers approved for each application must also comply with the manning ratio mentioned above.

         From September 4, 2023, to April 2025, the LD did not receive any complaint against employers for non-compliance with the manning ratio requirement. As for the 31 related complaints received between May and June 2025, the LD is conducting investigation, including inspecting the workplaces of imported workers and verifying relevant employment records. If violation of the requirement is substantiated, the LD will impose administrative sanction and refuse to process other application(s) submitted by the employer in the following year.

    (5) and (6) In 2023, 2024 and from January to May 2025, Labour Inspectors of the LD conducted 5 695, 5 417 and 2 873 inspections respectively to workplaces of imported workers and imported workers’ accommodation provided by employers in Hong Kong to protect the employment rights of imported workers. The LD will not give prior notice to the responsible persons of relevant premises before conducting workplace inspections.

        Since June 17 this year, the LD has implemented a series of new measures to strengthen the protection of the employment priority for local workers, including launching an online complaint form on the ESLS dedicated webpage to enable local employees and imported workers to lodge complaints against employers for suspected breaches of the requirements of the ESLS, displaying the names of applicant companies when publishing job vacancies on the Interactive Employment Service website, launching a special inspection campaign to check whether establishments employing imported workers have continuously met the manning ratio requirement, and requiring employers to report information on full-time local employees and imported workers as well as the relevant manning ratios based on a risk-based approach.

        To safeguard the employment priority for local workers, the ESLS requires employers not to displace local workers with imported workers and meet the manning ratio requirement on a continuous basis. In the event of redundancy, imported workers should be retrenched first. If there is evidence substantiating violation of the requirement of the ESLS, the LD will impose administrative sanction on the employers, including withdrawal of approvals for importation of labour previously granted and refusal to process other applications submitted by the employers (debarment period up to two years), etc.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ8: Arrangement for approving property lettings under Mortgage Insurance Programme

    Source: Hong Kong Government special administrative region – 4

         Following is a question by the Hon Louis Loong and a written reply by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, in the Legislative Council today (July 9):
     
    Question:
     
         In order to help homeowners under the Mortgage Insurance Programme (MIP) meet their special needs arising from changes in personal or family circumstances, the HKMC Insurance Limited (HKMC) announced in August last year a new arrangement, in which a waiver of the owner occupancy requirement under MIP will be granted, on a case-by-case basis, to an eligible homeowner applying for renting out the property subject to the fulfilment of one of the following three conditions: (i) the homeowner’s family is expecting newborn(s) or adopting child(ren), resulting in a change in housing needs; (ii) the homeowner has become unemployed and requires more flexible housing or financial arrangements; or (iii) the homeowner has other special needs to rent out the property, and has been residing in the relevant property for not less than 12 months. In addition, homeowners whose applications are approved will be subject to undertakings that so long as the waiver is in effect, they or their spouses or cohabitants who are also obligors under the MIP should not purchase any additional residential properties in Hong Kong. In this connection, will the Government inform this Council:
     
    (1) whether it knows the respective numbers of applications received and approved for waiver of the owner occupancy requirement by HKMC on the basis of the conditions (i), (ii) and (iii); and
     
    (2) whether consideration will be given to the enhancement of the existing arrangement to provide further assistance to homeowners under MIP who wish to seek alternative accommodation by waiving their restriction on purchasing additional residential properties in Hong Kong for a period of up to 12 months, so as to give them a window of time to dispose of their properties under MIP upon acquisition of new properties; if not, of the reason for that?
     
    Reply:
     
    President,
     
         The Mortgage Insurance Programme (MIP) is administered by the HKMC Insurance Limited (HKMCI) for promoting home ownership in Hong Kong. In August 2024, the HKMCI put in place a new arrangement under the MIP to approve on a case-by-case basis eligible homeowners’ applications for renting out their self-occupied properties, so as to help them meet their special needs arising from changes in personal or family circumstances (new arrangement).
     
         After consulting the HKMCI, our reply to the two parts of the question is as follows:
     
    (1) As of end-June 2025, the HKMCI has received about 1 800 applications for the new arrangement. Among them, 1 697 applications were approved, while the remaining applications were either rejected for not meeting the eligibility requirements or are under processing. The breakdowns of the applications approved are as follows:
     

    Reason for application Number
    The homeowner’s family is expecting newborn(s) or
    adopting child(ren), resulting in a change in housing needs
    336
    (20%)
    The homeowner has become unemployed and requires more
    flexible housing or financial arrangements
    41
    (2%)
    The homeowner has other special needs to rent out his/her property, and has been residing in the relevant property for
    not less than 12 months
    1 320
    (78%)
    Total 1 697
    (100%)

     
    (2) As the aim of the MIP is to promote home ownership, the owner occupancy requirement remains a key eligibility criterion of the MIP. The new arrangement is an exceptional measure that seeks to assist those with special needs. In fact, the MIP by nature is an insurance product, with credit risk being one of the key factors of consideration. If homeowners who have been given consent to rent out their properties under the MIP are allowed to purchase additional residential properties without having sold their existing ones, it is likely for the respective homeowners to take on extra financing liabilities on top of their current high loan-to-value ratio mortgage loans. This will bring additional credit risk to the MIP.
     
         The new arrangement has been launched for around one year and operating smoothly, offering substantial assistance to homeowners with special needs. The HKMCI has no plan to make changes to the new arrangement at the moment, and will keep the MIP under review from time to time in the light of the market circumstances.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Government invites tenders for short-term tenancy in Ma On Shan for fee-paying public car park with installation of automated parking system

    Source: Hong Kong Government special administrative region – 4

         The Government today (July 9) invites tenders for a short-term tenancy (STT) of one lot of government land at Po Tai Street in Ma On Shan (STT No. STTST0065) to be used for a fee-paying public car park, with the installation of an automated parking system (APS) as the sixth APS project at a government STT site so far. The tenancy is for a fixed term of seven years and renewable thereafter on a half-yearly basis.

         A spokesman for the Transport Department said that the application of APS can utilise space more effectively and increase parking efficiency, alleviating the public demand for parking spaces. The Government is actively taking forward APS projects in suitable STT car parks. The first three APS projects at Hoi Shing Road in Tsuen Wan, Pak Shek Kok in Tai Po and Tung Chau Street in Sham Shui Po have already commenced services, providing about 180 automated parking spaces in total. The APS project at the STT car park at Hoi Wang Road in Yau Ma Tei is expected to be commissioned this year. In addition, APS will also be installed at the STT car park at Lok Wah Street in Tsz Wan Shan and the above project at Po Tai Street in Ma On Shan, and tendering is under way.

         Regarding the tender for the Ma On Shan project, under the tenancy agreement, the successful tenderer is required to erect, construct and install an APS at the site within 15 months from the commencement date of the tenancy, providing not less than 104 automated parking spaces out of a total minimum of 247 parking spaces. 

         The Tender Document can be obtained from the Lands Department website (www.landsd.gov.hk) or the following offices: 

    1. The Survey and Mapping Office, Lands Department, 6/F, North Point Government Offices, 333 Java Road, North Point; and
    2. The District Lands Office, Sha Tin, 11/F, Sha Tin Government Offices, 1 Sheung Wo Che Road, Sha Tin.

         Prospective tenderers must pay attention to all the requirements set out in the tender notice and the tenancy agreement of the tender document.

         Tenders must be deposited in the Public Works Tender Box situated at Room 503, 5/F, Low Block, Queensway Government Offices, 66 Queensway, Hong Kong, before noon on August 22 (Friday). Late tenders will not be accepted.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ18: Hong Kong elderly people spending retirement years in the Mainland

    Source: Hong Kong Government special administrative region – 4

         Following is a question by the Hon Erik Yim and a written reply by the Secretary for Health, Professor Lo Chung-mau, in the Legislative Council today (July 9):

    Question:

         The 2024 Policy Address proposes to strengthen elderly services and foster an elderly-friendly building environment. There are views pointing out that the choice of Hong Kong elderly persons to spend their retirement years in the Mainland, particularly other Mainland cities of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), can not only improve elderly persons’ quality of life, but also free up valuable living space in Hong Kong and ease the burden of public welfare on the Government. Moreover, amid the recent significant adjustments in property prices in the Mainland, such as areas like Huidong County in Huizhou and Shaxi Town in Zhongshan, some members of the public have proposed that the SAR Government may study the construction or purchase of buildings in the Mainland with better views, affordable rents, and more spacious and brighter interiors at lower costs for use as public rental housing (PRH), so as to provide Hong Kong elderly people with new opportunities to spend their retirement years in the Mainland. In this connection, will the Government inform this Council:

    (1) whether it will consider acquiring vacant properties pending sale in the Mainland cities of GBA for use as PRH flats with which the elderly people can replace their existing PRH flats in Hong Kong, thereby encouraging them to spend their retirement years in the Mainland cities of GBA; if so, of the details;

    (2) given that at present, under the Pilot Scheme for Direct Cross-boundary Ambulance Transfer in the Greater Bay Area, arrangements can be made for patients to be transferred directly from designated sending hospitals in Shenzhen to designated public hospitals in Hong Kong in a point-to-point mode, whether the Government will further deepen the collaboration mechanism concerned by expanding the scope of the pilot scheme this year to cover other major cities in GBA and include emergency cases, so that emergency transport to Hong Kong can be arranged when necessary for elderly patients retiring in such cities, with a view to increasing the incentive for them to go north for retirement; and

    (3) whether it will strengthen collaboration with the Mainland cities of GBA, such as jointly promoting remote diagnosis and AI medical consultation, to enhance healthcare service efficiency, as well as driving the development of gerontechnology and relevant industries, thereby better supporting Hong Kong people in spending their retirement years in such Mainland cities?

    Reply:

    President,

         The Hong Kong Special Administrative Region (HKSAR) Government has been following the principle of complementarity and mutual benefits to enhance co-operation with Mainland cities of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), on the premise of benefitting the development of Hong Kong and the Mainland, so as to provide more options and convenience for Hong Kong residents who choose to work, reside or retire on the Mainland.

         Having consulted the Housing Bureau, the Labour and Welfare Bureau, the Department of Health and the Hospital Authority (HA), the reply to the question raised by the Hon Erik Yim is as follows:

    (1) The Housing Bureau has all along been supporting the implementation of various strategies and policies to cope with an ageing population. In order to strengthen the support to those who choose to retire on the Mainland, the Housing Bureau makes flexible arrangement for elderly public rental housing (PRH) residents who are required to surrender their PRH flats or delete their names from the tenancies upon receiving portable cash assistance. Considering Hong Kong elderly persons may encounter adaptation issues after moving to the Mainland, the Hong Kong Housing Authority and the Hong Kong Housing Society allow elderly persons to retain their PRH flats or their names in the tenancies for no more than six months, with the grace period starting from the date of the elderly persons’ departure from Hong Kong. The above measure could address elderly persons’ concern about moving to the Mainland and help release PRH flats for turnover.

    (2) The study on the provision of land-based cross-boundary transfer for non-emergency and non-critically ill patients and the exploration of rolling out a pilot co-operation scheme for cross-boundary referral of patients between designated hospitals were put forward in the Outline Development Plan for the GBA. The Chief Executive of the HKSAR also put forward in his 2023 Policy Address the initiative to explore cross-boundary ambulance transfer arrangements between hospitals in the GBA. With the support of various national ministries, the HKSAR Government, in collaboration with the Guangdong Provincial Government, the Shenzhen Municipal Government and the Macao SAR Government, officially launched the one-year Pilot Scheme for Direct Cross-boundary Ambulance Transfer in the Greater Bay Area (Pilot Scheme) on November 30, 2024.

         The Pilot Scheme starts by arranging direct cross-boundary ambulance transfer of patients from designated sending hospitals in Shenzhen and Macao (i.e. the University of Hong Kong – Shenzhen Hospital (HKU-SZH) and the Conde S. Januario Hospital of Macao) to designated public hospitals in Hong Kong. Upon assessment and agreement by the teams of designated cross-boundary collaborating hospitals, arrangements can be made for patients with specific clinical needs and suitable clinical conditions (including that the conditions are relatively stable) to be transferred directly to Hong Kong between designated hospitals in a point-to-point mode without the handover of patients between ambulances at boundary control points, thus minimising risks posed to patients during transfer. Indeed, persons with urgent medical needs should receive treatment at the nearest medical facility. Therefore, the Pilot Scheme does not cover emergency cases.

         Subject to the effectiveness and operational experience of the Pilot Scheme, the governments of Guangdong, Hong Kong and Macao will consider how to extend the Pilot Scheme, such as including more designated hospitals (including those in GBA Mainland cities other than Shenzhen) and/or extending the Pilot Scheme to a two-way arrangement.

    (3) As mentioned above, the HKSAR Government will follow the principle of complementarity and mutual benefits to strengthen the collaboration with Mainland cities of the GBA. Indeed, the resources, needs, relevant laws and regulations, and regulatory regimes differ between Hong Kong and the Mainland. The HKSAR Government will explore cross-boundary facilitation measures on the premise that these cross-boundary measures are feasible and mutually beneficial.

         Specifically, the Government has been implementing various measures to facilitate the retirement of Hong Kong elderly persons in Mainland cities of the GBA, including providing subsidised residential care services and portable cash assistance. Among them, the Residential Care Services Scheme in Guangdong provides an additional choice for eligible Hong Kong elderly persons to receive subsidised residential care services. The Labour and Welfare Bureau signed a “Letter of Intent on Collaboration to Expand the Residential Care Services Scheme in Guangdong” with the Department of Civil Affairs of Guangdong Province in November 2023 to co-operate in selecting suitable residential care homes for the elderly operated by Mainland organisations in Mainland cities of the GBA for joining the Scheme. With the assistance of the relevant authorities, the number of residential care homes for the elderly in Guangdong joining the Scheme has increased to 15, scattering in six Mainland cities within the GBA. The Government has, starting from this May, commissioned a non-governmental organisation to provide Social and Care Support Service for the elderly participants of the Scheme and their families, and will launch a two-year pilot arrangement by the end of this year to share part of the medical expenses that the elderly participants of the Scheme need to bear on their own under the National Basic Medical Insurance Policy.

         In terms of healthcare services, the public or subsidised healthcare services provided by the HKSAR Government are based on catering for the needs of local Hong Kong residents, rather than the healthcare needs of Hong Kong residents on the Mainland or overseas. Nevertheless, the Government has been actively promoting GBA healthcare collaboration in recent years to provide Hong Kong residents, who regularly travel to and from Mainland cities in the GBA for work or living, with additional choices of subsidised healthcare services comparable to those in Hong Kong at designated service points on the Mainland. Such measures, however, are not intended to fully cater for the healthcare services required by Hong Kong residents who choose to settle on the Mainland. Examples include:

    (i) The Government launched the Elderly Health Care Voucher Greater Bay Area Pilot Scheme in 2024 to extend the coverage of the Elderly Health Care Vouchers (EHCVs) to seven integrated medical/dental institutions in Mainland cities of the GBA, offering more convenience and flexibility for eligible Hong Kong elderly persons by providing more service points in the GBA for them to better use their EHCVs on primary healthcare services to improve health conditions. The Government announced this May to extend the said Pilot Scheme and to increase 12 additional pilot medical institutions to cover all nine Mainland cities in the GBA. Among the 12 additional pilot medical institutions, four (viz. two located in Zhuhai and one each in Zhongshan and Guangzhou) launched the service on June 26 and July 9 respectively, while another two new service points in Foshan will launch the service on July 17. It is expected that the remaining six pilot medical institutions will launch the service gradually in the second half of this year. By then, together with the two existing service points operated by the HKU-SZH, eligible Hong Kong elderly persons can use the EHCVs at a total of 21 service points in Mainland cities of the GBA.

    (ii) The Government announced this March the extension of the Pilot Scheme for Supporting Patients of the HA in the GBA till March 31, 2026, with a view to enabling eligible patients of the HA to choose to receive subsidised consultation services at the designated collaborating healthcare institution in the GBA. The Scheme aims to provide Hong Kong people with more choices when receiving HA’s services, and is currently applicable to the HKU-SZH. The Government and the HA will evaluate the effectiveness and the scope of services of this Pilot Scheme each year and make necessary adjustments in a timely manner.

    (iii) In order to enhance the continuity of medical care for elderly persons through facilitating their secure use of electronic health records across the boundary, the Government has progressively launched the new functions of “Cross-boundary Health Record” and “Personal Folder” of the eHealth mobile application (eHealth App) at the HKU-SZH and the seven medical institutions under the Elderly Health Care Voucher Greater Bay Area Pilot Scheme since July 2024. The two functions have will be progressively extended to the new medical institutions under the said Pilot Scheme this year. In addition, elderly persons and their carers can also use the eHealth App to check their EHCV balance and usage record, as well as access at any time important information stored in the eHealth App, such as their medications, allergies and adverse drug reactions.

         Separately, the Ministry of Human Resources and Social Security and the National Healthcare Security Administration promulgated the Interim Measures for Participation in Social Insurance by Hong Kong, Macao and Taiwan Residents on the Mainland in 2019, allowing eligible Hong Kong residents to participate in the national health insurance schemes on the Mainland.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: 2025 Maker in China SME Innovation and Entrepreneurship Global Contest – Hong Kong Chapter opens for enrolment

    Source: Hong Kong Government special administrative region – 4

    ​The 2025 Maker in China SME Innovation and Entrepreneurship Global Contest – Hong Kong Chapter (MiCHK) opens for enrolment today (July 9). Hong Kong start-ups and small and medium-sized enterprises (SMEs) are welcome to join the contest, seizing the opportunity to expand into the Mainland market. The deadline for enrolment is August 20.
     
    The contest focuses on frontier innovation and technology (I&T) fields that drive the development of new quality productive forces, including fintech, AI and big data, intelligent devices and robotics, smart living and smart mobility, third generation Internet and metaverse, semiconductors and integrated circuits, biomedicine and health, low-altitude economy and aerospace, new energy and green technology, as well as new materials.
     
    The contest serves as a vital bridge for Hong Kong start-ups and SMEs to tap into the Mainland market, while also allowing Mainland investors and enterprises to know more about the local industry’s I&T products and solutions. The MiCHK 2025 Final will be held on September 25 this year, during which one-on-one business matching sessions will be arranged for the top 10 finalists to meet with investors and representatives of enterprises from the Mainland to promote financing and interfacing of businesses. In addition, the contesting teams will have the opportunity to receive support to participate in various start-up programmes and exhibition activities, and to showcase their potential innovative projects to different regions through multiple platforms. The champion, first runner-up and second runner-up will represent the Hong Kong Special Administrative Region (HKSAR) to compete in the national-level Maker in China SME Innovation and Entrepreneurship Global Contest Final to be held in Guangzhou in the fourth quarter of this year, when they will compete with the winning teams of other regional chapters for the championship and opportunities to gain multifaceted support in connecting with Mainland investors, setting up businesses in Mainland entrepreneurial parks, and receiving guidance on outcome transformation.
     
    The MiCHK 2025 is jointly organised by the Digital Policy Office of the HKSAR Government, the China Centre for Promotion of SME Development of the Ministry of Industry and Information Technology of the People’s Republic of China, the Department of Youth Affairs of the Liaison Office of the Central People’s Government in the HKSAR, and the China International Cooperation Association of SMEs. It is formulated by the Hong Kong Cyberport Management Company Limited, the Angel Investment Foundation and the Guangzhou SME’s Promotion Association For Specialization Refinement Differentiation Innovation Development. For more details about the contest, please visit makerinchina.hk/.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Final preparations underway for commissioning of newly constructed temporary water mains at Ping Che Road on Sunday

    Source: Hong Kong Government special administrative region – 4

    To decommission water mains with bitumen lining at Ping Che Road, which supplies water to the area of Queen’s Hill, the preparations for connecting the temporary water mains will enter a final stage this Saturday (July 12) for its commissioning on Sunday (July 13), the Water Supplies Department announced.

    The WSD is thankful for the co-operation of various sectors of the community and road users, which has facilitated the full expedition and completion of the project on laying new temporary water mains as scheduled over a two-week time period.

    The WSD will carry out a number of work processes on Saturday to connect the new water mains to the existing water supply system. Those processes include closing the existing valves, draining off the water in the water supply system, changing pipe fittings and welding the fittings to the new water mains, reopening the valves in phases and thoroughly flushing the water supply system. During the construction period, the water supply will have to be temporarily suspended so that the water supply route can be diverted to the newly laid temporary water mains.

    To expedite the work processes so that the temporary water suspension duration can be shortened, the WSD will mobilise a workforce of about 200 to carry out the water main connection works during off-peak water usage hours, from 10pm on Saturday to 8am on Sunday, during which time the supply of fresh and flushing water to residents at the areas of Queen’s Hill will be temporarily suspended. Affected areas will include Queens Hill Estate, Shan Lai Court, as well as 68 villages located at Sha Tau Kok Road (from Hung Leng Tsuen to Sha Tau Kok Town), Ping Che Road (from Hung Leng Tsuen to Wun Chuen Sin Kwoon), Ng Chow Road, Wo Keng Shan Road and Luk Keng. Since Queens Hill Estate and Shan Lai Court have water tanks acting as buffers, the actual duration of the water suspension may be shortened from 11pm on Saturday to 7am on Sunday.

    Owing to the above situation, the WSD appealed to affected consumers to finish major daily cleaning and store water as needed before 10pm on Saturday. During the water suspension period, the WSD will provide sufficient temporary water supply which includes:

    • A total of 28 water tanks will be placed (before noon on Saturday) in Queens Hill Estate and Shan Lai Court with the assistance of the Housing Department; 
    • Co-operation with the North District Office (NDO) of the Home Affairs Department and placement of water tanks (before noon on Saturday) at 26 temporary water supply collection points in the affected rural areas; and
    • As some villages are remote with scattered populations, it may not be convenient for the residents to collect water at the designated water tanks. Therefore, the WSD, with the assistance of the NDO, will provide large bottled water to the affected villages through various distribution points. 

    Please see the Annex for the affected premises or villages, relevant locations of water tanks and distribution points of large bottled water.

    To allow households to make early preparations, the WSD and the NDO have communicated with members of the North District Council, Rural Committees and Care Teams on the arrangements of the water suspension to put in place appropriate assistance measures for affected households. These measures include progressively distributing water suspension leaflets and affixing notices at conspicuous locations, and visiting households in need and social welfare organisations to remind them of making arrangements ahead of the suspension. Moreover, Care Teams will set up street counters again this weekend at Queens Hill Estate and Shan Lai Court to provide the latest information and assistance. As for the rural areas, Care Teams will set up street counters at the community halls in Sha Tau Kok Town and Ta Kwu Ling. Residents in need may also seek assistance from Care Teams by phone or instant messaging applications.

    Before the resumption of the water supply by 8am Sunday, the WSD will flush the related water mains to ensure that the water quality is clear. When the water supply resumes, drinking water in the water mains may contain more air which will form numerous air bubbles, thus making the water look milky. Individual consumers may encounter milky or slightly turbid water in the early stage of the water resumption, which is normal. The WSD suggests that consumers first remove strainers of water taps, continuously run the taps for a few minutes and reinstall the strainers after the water becomes clear. Alternatively, consumers can let the water stand in a container for a while. The water will become clear again as the air bubbles dissipate.

    For enquiries regarding water supply matters, consumers may call the WSD’s 24-hour hotline: 2824 5000. Residents of Queens Hill Estate and Shan Lai Court may also call the respective 24-hour hotline of the estate/court at 2537 0001 or 2713 9530.

    The WSD will also strive to replace the exposed temporary water mains which occupy part of the road with permanent underground water mains by end of this year. By that time, the section of temporary water mains will be relocated to other locations for reuse. 

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Red flags hoisted at Hung Shing Yeh Beach and Pui O Beach

    Source: Hong Kong Government special administrative region – 4

    Attention TV/radio announcers:

    Please broadcast the following as soon as possible:

    Here is an item of interest to swimmers.

    The Leisure and Cultural Services Department announced today (July 9) that due to big waves, red flags have been hoisted at Hung Shing Yeh Beach and Pui O Beach in Islands District. Beachgoers are advised not to swim at these beaches.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Anti-Scam Consumer Protection Charter 3.0

    Source: Hong Kong Government special administrative region – 4

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

    The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA) and the Mandatory Provident Fund Schemes Authority (MPFA) today (July 9) announced the launch of the Anti-Scam Consumer Protection Charter 3.0 (the Charter 3.0). This joint effort is fully supported by the Consumer Council, the Hong Kong Association of Banks, the Hong Kong Police Force, and the Office of the Communications Authority.

    Building on the success of the Charters 1.0 and 2.0, launched in 2023 and 2024 respectively, the Charter 3.0 represents a significant step forward in anti-scam actions by establishing a collaborative framework between financial regulators and technology firms and telecommunications firms in combatting financial fraud and scams targeting the Hong Kong public. The Charter 3.0 introduces six key principles (see Annex), focusing on the reporting of suspected financial fraud and scams, checking of advertisers, internal monitoring processes, enforcement of terms of service, and collaboration on public education and awareness.

    During the launch event, executives from financial regulators, technology firms and telecommunications firms engaged in productive discussions on the latest trends of financial fraud and scams as well as their collaborative efforts for the common purpose of combatting such fraud and scams. 

    The Chief Executive of the HKMA, Mr Eddie Yue, said, “The fight against financial fraud and scams and to protect the public requires a united front, bringing together the public and private sectors, as well as the community at large. The Charter 3.0 represents a significant milestone in this endeavour, harnessing the collective strength of the financial, technology, and telecommunications industries to better safeguard the public.”

    The Chief Executive Officer of the SFC, Ms Julia Leung, added, “The Charter 3.0 is a meaningful step forward, bringing in major technology and telecommunications companies to join the fight against online scams. It is our shared responsibility to disrupt these threats at their source. This initiative not only echoes global governments and regulators’ call to action but also positions Hong Kong as a leader in safeguarding the financial world’s digital future. Together, we are building a safer, more responsible online landscape that prioritises vigilance, collaboration, and public trust.”

    The Chief Executive Officer of the IA, Mr Clement Cheung, said, “The Charter 3.0 represents the outcome of collaborative efforts made by key stakeholders in forging a robust and resilient alliance to prevent financial fraud and scams. The IA will leverage on this platform to strengthen public education and empower policy holders so that they can safeguard effectively against the increasingly sophisticated plots concocted by swindlers.”

    The Managing Director of the MPFA, Mr Cheng Yan-chee, said, “MPF is the valuable retirement reserve accumulated by the working population. The MPFA will not tolerate any fraudulent activities that undermine their retirement savings in MPF. We are pleased to see financial regulators, enforcement agencies and relevant organisations together with major technology and telecommunications companies under the Charter 3.0 stepping up efforts in combatting scams and enhancing anti-scam awareness in the community. We urge the working population to stay vigilant and join hands with us by proactively reporting suspected scams to safeguard their MPF interests.”

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ5: Application of legal technology and artificial intelligence

    Source: Hong Kong Government special administrative region – 4

         Following is a question by the Hon Maggie Chan and a reply by the Acting Secretary for Justice, Dr Cheung Kwok-kwan, in the Legislative Council today (July 9):

    Question:

         It is learnt that the Department of Justice has been actively promoting the application of legal technology (lawtech) and artificial intelligence (AI) in the legal sector. There are views that the Government should actively develop AI tools (e.g. large language model developed by the Hong Kong Generative AI Research and Development Center) for application in areas of the common law, so as to enhance the operational efficiency and competitiveness of the legal sector. In this connection, will the Government inform this Council:

    (1) whether it has currently developed large language models for application in areas of the common law; if so, of the specific details and the implementation timetable; if not, the reasons for that;

    (2) whether it has plans to organise lawtech and AI summits or international exhibitions with the Mainland on a regular basis, so as to promote exchanges and co-operation between the Mainland and Hong Kong in lawtech; if so, of the details; if not, the reasons for that; whether it has plans to introduce lawtech from the Mainland and apply it in areas of Hong Kong common law, as well as promote the Mainland’s AI legal service products to Hong Kong and overseas; if so, of the details; if not, the reasons for that; and

    (3) of the measures in place to ensure that small and medium-sized law firms in Hong Kong can benefit from the development of lawtech and AI, such as providing technical support, introducing a tax allowance for “lawtech equipment” and subsidising their procurement of lawtech-related equipment?

    Reply:

    President,

    (1) The Hong Kong Generative Artificial Intelligence Research and Development Center (HKGAI), an inter-school co-operative research centre led by the Hong Kong University of Science and Technology, has developed the first local large language model (LLM) based on DeepSeek technology with full parameter fine-tuning – “HKGAI V1”. The HKGAI has developed multiple vertical applications for various public service sectors based on this local LLM, including the generative artificial intelligence (AI) document assistance application “HKPilot” and the legal-related “LexiHK”. The Department of Justice (DoJ) is currently participating in the pilot use of “HKPilot” and is considering participating in the trial of “LexiHK” after reviewing its effectiveness. At the same time, the Faculty of Law of the Chinese University of Hong Kong has recently collaborated with an AI software company to develop a legal information AI model based on the Cantonese LLM to facilitate the digital transformation of the legal system and industry. WiseLaw Digital Technology, a company incubated by the Hong Kong Polytechnic University, has also recently announced its innovation achievement in legal AI products. The DoJ will collaborate with the HKGAI and other relevant government departments or institutions based on the trial results, market technology development, the needs of the legal sector and the community, and related resource considerations to examine and promote the further application of AI in the legal sector, especially LLMs related to Hong Kong law.

    (2) The DoJ attaches great importance on the development of areas of lawtech and AI, and believes that forums and exhibitions provides an important platform for fostering exchange and co-operation. Currently, the DoJ is actively preparing related activities, aiming to hold the first large-scale activity open to global participants, creating a diverse and open exchange platform to promote the sharing of wisdom and experience from various regions.

         We note that there are currently a number of well-developed lawtech enterprises in Mainland China. Since Mainland lawtech is now primarily designed for the Mainland legal system, it may not be directly applicable to Hong Kong’s common law market. However, we strongly encourage Mainland lawtech enterprises to set up in Hong Kong to explore the local legal market, develop AI products suitable for the Hong Kong common law market, and use Hong Kong as a springboard to develop markets in other common law jurisdictions overseas.

    (3) To promote the development of lawtech, the DoJ established the Consultation Group on Lawtech Development (Consultation Group) in January 2025, and invited the industry and various stakeholders to jointly study and formulate policy measures related to lawtech. The Consultation Group members include representatives from the legal and dispute resolution sectors, law schools, and the lawtech industry, including representatives from small and medium-sized law firms, ensuring that the policies will suit the needs of practitioners.

         The Consultation Group notes in particular the challenges faced by small and medium-sized law firms in promoting the use of lawtech. In addition to economic factors, we understand that small and medium-sized law firms often have limited understanding of lawtech, and traditional practice models tend to rely less on technology, which affects their willingness to adopt new technologies.

         In response to this situation, the DoJ has accepted the suggestion of the Consultation Group and plans to promote the use of technology in the legal industry progressively in three stages:

    (1) Phase 1: Lawtech awareness and education

         The aim of the first stage of the policy on promoting lawtech is to change certain ingrained mindsets and practices within the legal profession by raising their awareness of lawtech, and helping them to understand the benefits of the use of lawtech that can bring to the profession and the risk management awareness that the profession should have. To this end, the DoJ is organising a series of lawtech-related roundtables and events to raise the profession’s understanding of lawtech and to facilitate the exchange and sharing of information between the profession and lawtech experts to enable them to plan for viable adoption of lawtech.

         The DoJ is also aware of the importance of educating law students about lawtech, and will work with stakeholders in legal education and training to strengthen training related to lawtech in legal education curricula through the Standing Committee on Legal Education and Training platform. The DoJ plans to draft and publish a roadmap to assist the legal profession in embarking on their path to technology applications. The DoJ also plans to issue ethical and security guidelines for the legal profession to follow when using lawtech.

    (2) Phase 2: Promoting the profession’s engagement with lawtech products

         The DoJ intends to organise an exhibition of lawtech products to enable the legal profession to access and experience a variety of lawtech products available in the market and to identify lawtech solutions suitable for their business development.

         In addition, we are considering conducting a market survey to consolidate a list of lawtech products available in the market in order to provide more comprehensive information to the legal sector for reference.

    (3) Phase 3: Promoting the use of lawtech in the legal profession

         The DoJ will encourage local and overseas lawtech enterprises to establish and grow in the local market, thereby fostering Hong Kong’s lawtech ecosystem. The DoJ will review the effectiveness of the above strategies and take policy measures to promote the use of lawtech in the legal profession as appropriate. The DoJ will also review the existing legal framework from time to time in order to better support and regulate the development of innovative and emerging legal technologies.

         Through these strategies, we hope to effectively enhance the awareness and use of lawtech by the legal profession, thereby enhancing the efficiency and quality of professional services and strengthening Hong Kong’s position as an international legal services and dispute resolution centre in the Asia-Pacific region.

         Thank you, President.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Hong Kong Customs seizes suspected counterfeit goods worth about $1.7 million (with photo)

    Source: Hong Kong Government special administrative region – 4

    Hong Kong Customs on June 14 seized about 6 700 suspected counterfeit goods with an estimated market value of about $1.7 million at the Hong Kong-Zhuhai-Macao Bridge (HZMB) Hong Kong Port.
     
    Through risk assessment, Customs on that day intercepted an incoming lorry at the HZMB Hong Kong Port. After inspection, Customs officers found the batch of suspected counterfeit goods, including jerseys, handbags and shoes, inside the cargo compartment of the lorry. A 53-year-old male driver was subsequently arrested.
     
    An initial investigation revealed that the batch of suspected counterfeit goods would have been transhipped to overseas regions.
     
    The investigation is ongoing, and the arrested man has been released on bail pending further investigation.
     
    Customs will continue to take stringent enforcement action against counterfeit goods and smuggling activities through risk assessment and intelligence analysis.
     
    Under the Trade Descriptions Ordinance, any person who imports or exports any goods to which a forged trademark is applied commits an offence. The maximum penalty upon conviction is a fine of $500,000 and imprisonment for five years.
     
    Members of the public may report any suspected counterfeiting activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ3: Roadside skips

    Source: Hong Kong Government special administrative region – 4

    Following is a question by the Hon Chan Pui-leung and a reply by the Secretary for Environment and Ecology, Mr Tse Chin-wan, in the Legislative Council today (July 9):

    Question:

    There are views that roadside skips unlawfully occupying public roads not only affects the safety of road users, but also poses environmental hygiene problems. In this connection, will the Government inform this Council:

    (1) of the information on the enforcement actions taken by the Hong Kong Police Force and the Lands Department against roadside skips in the past five years, including the number of complaints or referrals received, the number of statutory notices posted or warnings issued to operators, as well as the number of skips removed; among them, the number of cases in which prosecutions were instituted and the number of convicted cases, as well as the relevant penalties imposed;

    (2) of the current utilisation situations of the four sites made available for use by the trade for storing skips; as the Government indicated in its reply to a question raised by this Council in May 2023 that the skip storage site in Tseung Kwan O Area 137 would become part of the new community, and that the Government would make arrangements in due course, of the progress of the relevant arrangements, including whether alternative sites will be identified for the operation of the skips trade; if so, of the details; if not, the reasons for that; and

    (3) as there are views that the regulation of roadside skips involves a number of government departments, whether the Government will consider assigning a designated department to take full responsibility so as to improve enforcement efficiency; if so, of the details; if not, the reasons for that?

    Reply:

    President,

    Construction waste is generated from construction sites, buildings under maintenance and shops under renovation, which is then transported to landfills or public fill banks for handling. Before skips emerged in the market, most construction waste from construction and renovation sites were piled up at roadside before it was collected for delivery. This not only affected the environmental hygiene, but also caused nuisance to residents and pedestrians, and even affected the road safety. Skips could store relatively large quantity of waste, in particular, construction waste. Using skips can avoid waste being placed everywhere and help maintain a clean and hygienic environment and road safety. It also helps the construction and renovation industry handle construction waste in a neat and orderly way.

    Skips are primarily placed at site of use, such as construction sites, renovation sites, shopping malls, housing estates and designated locations nearby, to collect construction waste generated by construction or renovation works in the buildings nearby. Skips that are not being used need to be stored. According to the result of a questionnaire survey with the trade, there are about 1 500 roadside skips in Hong Kong. Among these, about half of them need to be stored while there is only storage space for 330 skips on four pieces of land provided. Under such a circumstance, some skip operators may place the skips at roadside or other improper locations.

    Management of skips involves various bureaux and departments. Through the Joint Working Group on Management of Roadside Skips (Working Group), the Government coordinates the work on enhancing management of roadside skips among the Environment and Ecology Bureau, the Development Bureau, the Transport and Logistics Bureau, the Environmental Protection Department, the Lands Department (LandsD), the Transport Department, the Highways Department, the Hong Kong Police Force (HKPF), the Food and Environmental Hygiene Department, and the Home Affairs Department. Since skips placed on at roadside is also a problem of district concern, the Deputy Chief Secretary for Administration also looks into this problem with the bureaux and departments concerned through inter-departmental meetings. 

    In response to the question raised by the Hon Chan Pui-leung, in consultation with the HKPF and the LandsD, a consolidated reply is as follows:

    (1) Currently, the HKPF handles complaints involving roadside skips in accordance with the Summary Offences Ordinance (Cap. 228). Over the past five years, the HKPF has received a total of 5 913 complaints about skips. Police officers will, in light of the circumstances at the scene, make assessments and issue advice and/or warnings to the skip operators concerned if found. In most cases, the operators would remove the skips on their own within hours after receiving the advice and/or warning, with five cases requiring the HKPF to engage contractors to remove the skips. A total of 18 cases were prosecuted under police summons and were convicted. The convicted persons were fined between $300 and $9,000 by the court.

    Over the past five years, the LandsD has received a total of 3 674 complaints concerning skips. Among these complaints, 3 per cent were referred by other departments (including the HKPF), and the other 97 per cent were lodged by the public. Within two working days upon receiving a complaint or referral, the LandsD will conduct an on-site inspection and post a notice according to Section 6 of the Land (Miscellaneous Provisions) Ordinance (Cap. 28) requiring the person concerned to remove the skip and to stop occupying the government land before the specified deadline no less than one clear day, otherwise it will be removed by the LandsD’s contractor. Over the past five years, the LandsD has removed a total of 27 skips, with the remaining removed by relevant persons on their own before the deadlines.

    (2)  As mentioned above, there are about 1 500 skips in Hong Kong. Considering factors such as job rotations, the trade estimates that about 600 to 700 idling skips would require space for storage each day. At present, the Government has provided four sites to the trade for storage of idling skips through short-term tenancy mechanism. These sites are located at Pak Shing Kok, an area next to the Tseung Kwan O Area 137 (TKO 137) Fill Bank, Siu Lang Shui in Tuen Mun, and adjacent to Tsing Nam Street in Tsing Yi respectively, altogether providing storage space for a total of 330 skips. The site at Pak Shing Kok can store about 110 skips; the site next to the TKO 137 Fill Bank can store about 120 skips; the site at Siu Lang Shui in Tuen Mun can store about 80 skips; and the site at Tsing Nam Street in Tsing Yi can store about 20 skips.

    To tie in with the future residential development of TKO 137, according to the current development timetable, the site leased to the trade under short-term tenancy for storing skips is expected to be returned in the second quarter of 2026 the earliest. Meanwhile, the Government has completed the open tendering process for a site at Tsing Chau Wan on Lantau Island, which is initially expected to accommodate approximately 100 skips and to be awarded within this year. To further improve the situation that some skip operators placed their skips at roadside or other improper locations, the Working Group also strives to find more suitable sites for skip storage by the trade through short-term tenancy tenders.

    (3) The management of roadside skips involves works of different departments and various pieces of legislation. Hence, the Government has its reason and need to coordinate relevant departments’ work through the Working Group. The Government is adopting a multipronged approach and looking for more effective ways to improve the problem of improper placement of skips. At the current stage, the Government focuses on enhancing enforcement on illegally placed skips that pose safety risk to road users. 

    Thank you, President.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Speech by FS at Korea-Hong Kong Business Luncheon (English only) (with photos)

    Source: Hong Kong Government special administrative region – 4

         Following is the speech by the Financial Secretary, Mr Paul Chan, at the Korea–Hong Kong Business Luncheon held in Seoul, Korea, today (July 9): 
     
    Mr Joo Yong-tae (Deputy Mayor for Economy, Seoul), Mr Kevin Lee (Director of the International Trade Division of the Korea Chamber of Commerce and Industry), distinguished guests, ladies and gentlemen,

         Annyeonghaseyo. Good afternoon. It is both a pleasure and honour to be here with you today in Seoul.
     
         Let me begin by extending my warmest greetings and heartfelt appreciation to the Korea Chamber of Commerce and Industry and our ETO (Economic and Trade Office) colleagues for organising this luncheon.
     
    Hong Kong: good for business
     
         Allow me to start by offering a brief snapshot of where Hong Kong stands today.
     
         Hong Kong has been back on a path of growth following the global challenges of the pandemic.  In 2024, we recorded a GDP growth of 2.5 per cent. This year, despite continued global uncertainties from tariff war to geopolitical tensions, our economy recorded a 3.1 per cent growth in the first quarter. Our merchandise exports continued to register strong double-digit growth.
     
         Foreign businesses continue to cast a vote of confidence in our city. In 2024, the number of overseas and Mainland companies operating in Hong Kong reached an all-time high at nearly 10 000.  American and European companies rose by around 10 per cent, while Korean companies rose by 9 per cent year on year.  
     
         Hong Kong continues to shine in international rankings. We are among the world’s top three global financial centres. The latest IMD (International Institute for Management Development) World Competitiveness Ranking places us as the third most competitive economy worldwide. Last October, the Fraser Institute reaffirmed our position as the world’s freest economy. These accolades are no coincidence. They are the result of persistent hard work to drive our competitiveness forward, backed by transparent, consistent and predictable policies, market openness and global connectivity.
     
         A critical foundation of our success is a stable and secure environment. This year marks the fifth anniversary of the implementation of the Hong Kong National Security Law. It restores law and order in Hong Kong and provides confidence to the international business community. Indeed, a survey by the American Chamber of Commerce (in Hong Kong) in January this year showed that (more than) 80 per cent of its members expressed confidence in Hong Kong’s rule of law.  And 70 per cent reported that the National Security Law had no impact on their business operations.
     
         Under the “one country, two systems” framework, Hong Kong continues to be an open, diverse and international city. We are a free port, uphold a freely convertible currency pegged to the US dollar, ensure the free flow of capital, goods, information and talent, and practise the common law system.
     
         President Xi Jinping and the Central Government of China have made clear that the “one country, two systems” framework is here to stay for the long term. 
     
         Investor confidence is reflected in hard data. Our stock market, for example, rose by 18 per cent last year, and has gained another 20 per cent this year. Initial public offerings (IPOs) on the Hong Kong Stock Exchange have raised about US$16 billion so far this year, making Hong Kong the top IPO venue globally to date. The total bank deposits grew by 7 per cent last year and another 7 per cent this year, now exceeding US$2.3 trillion, six times our GDP.
     
    The Greater Bay Area
     
         Meanwhile, Hong Kong is the international gateway to the Guangdong-Hong Kong-Macao Greater Bay Area, or GBA, which is an economic powerhouse with 87 million people and a combined GDP of US$2 trillion. With a per capita GDP of US$23,000, or US$40,000 on a purchasing power parity basis, the GBA is not just a manufacturing base, but also a sophisticated, high-growth consumer market.
     
         The region is deeply interconnected. High-speed rail puts us just 15 minutes from Shenzhen and 45 minutes from Guangzhou. With seven international airports and a combined annual passenger throughput of over 200 million, the GBA sits within a five-hour flight radius of half the world’s population. Hong Kong International Airport, the world’s busiest cargo airport, now operates with a third runway and is gearing up to handle 120 million passengers and 10 million tonnes of cargo annually by 2035.
     
         The GBA is also a cradle of innovation. According to the World Intellectual Property Organization, the Shenzhen-Hong Kong-Guangzhou science and technology cluster ranks second globally in innovation, and has done so for five consecutive years. Hong Kong excels in basic research, anchored by five universities ranked among the world’s top 100. Three of them are in the global top 20 for data science and AI; our two medical schools are ranked among the top 40. Meanwhile, Shenzhen and Guangzhou lead in commercialisation and advanced manufacturing. Together, the GBA is like fusing the financial power of New York with the innovation energy of Silicon Valley.
     
    Opportunities for Korean businesses
     
         So, what does this mean for Korean businesses?
     
         First, Hong Kong’s financial markets offer unparalleled connectivity and liquidity. We serve as a two-way platform, connecting international capital with Mainland markets and vice versa. Through our Connect Schemes, including Stock Connect, Bond Connect, and ETF (Exchange-traded Fund) Connect, and more, Mainland investors can access Hong Kong’s markets, while global investors can access the Mainland through Hong Kong.
     
         The recent surge in our stock market reflects two important trends. First, the rebalancing act of international investors to diversify risks out of global economic uncertainty, particularly in the US; and second, optimism about China’s technology prowess demonstrated by DeepSeek and others. Korean investors have already taken note. And they are apt in taking actions. In February this year, we saw the highest level of Korean investment into our stock market in over three years.
     
         Beyond the stock market, asset and wealth management is another area where we are seeing rapid growth. Hong Kong now manages over US$4 trillion in assets. With a growing ecosystem of related financial services, we are on track to become the world’s largest cross-border wealth management hub by 2028. For Korean firms in private banking and asset management, the opportunities are significant. Indeed, many American and European asset and wealth managers have been expanding their hiring and office accommodation in the city.
     
         Hong Kong also serves as a powerful springboard for Korean goods, not just into the GBA or the Chinese Mainland, but across the entire ASEAN (Association of Southeast Asian Nations) region. As a duty-free port with seamless customs clearance and unmatched connectivity, Hong Kong offers Korean exporters a fast, cost-effective and reliable route to high-growth markets. From electronics and cosmetics to food products and fashion, Hong Kong is your launchpad.
     
         In innovation and technology, Hong Kong is making strategic and forward-looking moves. We are placing particular emphasis on the development of key sectors such as artificial intelligence and biotech. In addition to our world-class research capabilities, Hong Kong is where Mainland and international data converge. This is a distinct competitive advantage for data-intensive industries.  
     
         Our close collaboration with other cities in the GBA is further accelerating this momentum.  Along our boundary with neighbouring Shenzhen, we are developing a joint innovation and technology park, where we are piloting innovative policies to facilitate the seamless flow of data, talent, capital and even biosamples. We have also established joint clinical trial centres to expedite drug development and streamline cross-boundary regulatory approvals. For Korean tech and pharmaceutical firms seeking expansion and collaboration opportunities, Hong Kong is your ideal location. 
     
    The pleasures of life
     
         Beyond business, Hong Kong is a city alive with culture, diversity, and global connectivity. We are a true melting pot of East and West.  Korean culture, from K-pop to kimchi, has found a warm and enthusiastic following in Hong Kong.  And we are glad that more and more Korean visitors are coming to our city to see for themselves our vibrancy. In the first half of this year, Hong Kong welcomes more than half a million of Korean visitors, a 25 per cent increase year on year.
     
         The pleasures of life are part of our fabric. With more than 200 Michelin-recognised restaurants, hiking trails minutes from the city, and a coastline that rivals the best in the region, Hong Kong offers not only opportunity, but quality of life. Above all, Hong Kong remains one of the safest cities in the world, a place you can walk freely, day or night.
     
         And we are just getting started. The newly opened Kai Tak Sports Park offers a world-class, multipurpose venue for sport and entertainment events. In January next year, we’re excited to welcome BLACKPINK to our stage. And who knows, NewJeans and aespa may not be far behind!
     
         Ladies and gentlemen, I hope I’ve been able to offer you a fresh perspective on Hong Kong, not just as a financial centre or trade hub, but as a dynamic, welcoming city filled with opportunity, energy and creativity. A city where Korean businesses, investors and talents can thrive.
     
         If I may, let me now share a short video that captures the vibrancy, openness and possibilities of Hong Kong today.
     
         That is Hong Kong – dynamic and welcoming. A city that means business, and a city that celebrates life. We look forward to welcoming you soon, to Hong Kong.
     
         Kamsahamnida. Thank you very much.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Secretary-General of ASEAN Attends the Signing Ceremony of the Instrument of Accession to the TAC by Algeria and Uruguay

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today witnessed the signing of the Instrument of Accession to the Treaty of Amity and Cooperation in Southeast Asia (TAC) by the People’s Democratic Republic of Algeria and the Oriental Republic of Uruguay. The Instruments were signed by the Ministers of Foreign Affairs of Algeria and Uruguay, on the margins of the 58th ASEAN Foreign Ministers’ Meeting and Related Meetings in Kuala Lumpur today. The accession of Algeria and Uruguay brings the number of High Contracting Parties to the TAC to 57. The signing ceremony underscores the growing importance and interest that external partners place on ASEAN, as well as their commitment to uphold the principles and values enshrined in the TAC.

    The post Secretary-General of ASEAN Attends the Signing Ceremony of the Instrument of Accession to the TAC by Algeria and Uruguay appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI USA: Happy Father’s Day from Amata

    Source: United States House of Representatives – Congresswoman Aumua Amata (Western Samoa)

    Washington, D.C. – Congresswoman Uifa’atali Amata is sending greetings and well-wishes to all the fathers over this Father’s Day weekend: 

    “Happy Father’s Day to all the dads and grandfathers in American Samoa and everywhere. You have an important role in guiding our young people and being great examples for each generation, often quietly but with great impact. I speak from time to time of how my own father influenced me, including the field of public service, and the admiration that our fathers inspire in us. Thank you to all fathers throughout our islands for your hard work and support in the lives of your families. You are loved, respected and honored. Enjoy this weekend and the lifelong blessings of being fathers.”

    ‘Grandchildren are the crown of the aged, and the glory of children are their fathers.’ Proverbs 17:6

    ‘The righteous man walks in his integrity; his children are blessed after him.’ Proverbs 20:7

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    MIL OSI USA News

  • MIL-OSI USA: Amata’s Statement for the Juneteenth Celebration of Freedom

    Source: United States House of Representatives – Congresswoman Aumua Amata (Western Samoa)

    Pago Pago – Congresswoman Uifa’atali Amata is highlighting Juneteenth, which became an official national holiday through bipartisan votes by Congress in 2021, and released the following statement:

    “On Juneteenth, we celebrate shared ideals of freedom that can give us powerful unity as a country. Freedom is a cherished value that America’s founders declared a God-given right, but those blessings of freedom were not yet available to all. That freedom became the life’s mission and calling for many American abolitionists, but it did not become a nationwide reality until after hundreds of thousands of lives were lost in a long and bloody Civil War. 

    “The cause of freedom prevailed then, and has been defended since. Our great nation, including our own Toa o Samoa, lifts up the enduring cause of freedom today throughout the world. 

    “On Juneteenth, we send our love and goodwill to African American countrymen and women that descend from that Civil War history. We celebrate ‘life, liberty and the pursuit of happiness’ together, and our dedication to a strong, united country for the generations ahead.”

    History: Juneteenth is a celebration of freedom. The date is in commemoration of June 19, 1865, when news of freedom finally reached the last known place practicing slavery in the United States — two and a half years after President Abraham Lincoln issued the Emancipation Proclamation on New Year’s Day, 1863. The two largest Confederate armies had surrendered to Union forces in April of that same year, ending all major fighting of the Civil War.

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    MIL OSI USA News

  • MIL-OSI USA: Amata Highlights Capitol Visit for 2025 Malofie Congressional Art Competition Winner Deborah Vaiotu

    Source: United States House of Representatives – Congresswoman Aumua Amata (Western Samoa)

    Washington, D.C. – On behalf of Congresswoman Uifa’atali Amata, Chief of Staff Leafaina Tavai welcomed the 2025 winner of the Malofie Congressional Art Competition, Deborah Vaiotu of Tafuna High School and Malaeloa Village, to the U.S. Capitol for the opening of her artwork last week, accompanied by her sister Evoline. Deborah’s outstanding artwork titled “Motherhood” is now on display for the next year.

    Judges

    American Samoa’s competition was judged in March with over 25 strong entries from local students. The winners from congressional districts all over the nation are invited yearly to the Capitol to see their artwork on display, attend a national reception, and other activities. 

    Motherhood

    “Congratulations to Deborah for her beautiful and especially heartwarming artwork, which represents American Samoa so well,” said Congresswoman Amata. “Everyone exclaims over her lovely depiction of a strong Samoan mother with a baby.”

    “Thank you to all of the competition participants, and I know this year had so many good entries, which is a credit to these creative students and their excellent art teachers,” she continued. 

    The winning artwork is displayed where thousands of Capitol tour groups each year will see the rows of work by skilled young people all over the country. Members of Congress will walk by the display wall many times over the year ahead. 

    “As I return to Washington, it will be wonderful to see all the new art in place showcasing originality and cultural influences from all over the country,” concluded Amata. “Thank you again to this year’s generous sponsors making this opportunity available to our students.”

    Congresswoman Amata’s office works in partnership with the American Samoa Department of Education to hold the competition, select several standouts, and determine one to represent American Samoa in Washington. American Samoa’s public and private high schools are invited to send entries for the competition.

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    MIL OSI USA News

  • MIL-OSI USA: Amata’s Statement in Support of Minnesota Resolution

    Source: United States House of Representatives – Congresswoman Aumua Amata (Western Samoa)

    Washington, D.C. – Congresswoman Uifa’atali Amata is expressing support for the bipartisan resolution sponsored by the Minnesota delegation to Congress deploring political violence in the wake of the recent shocking attack on two state legislators and their spouses. 

    Led by Rep. Kelly Morrison (D-MN-03) with the bipartisan support of the other seven Members of the delegation, including House Majority Whip Tom Emmer (R-MN-06), H. Res. 519 condemns the attacks on Minnesota lawmakers in Brooklyn Park and Champlin, Minnesota, and calls for unity and the rejection of political violence in Minnesota and across the United States. 

    “I was grieved to hear of this terrible attack while I was home in American Samoa. I support my Minnesota colleagues in this, and I appreciate the bipartisan spirit of this Resolution to express the sense of the full House of Representatives,” said Congresswoman Amata. “Americans reject political violence. Instead, we embrace constitutionally protected free dialogue, and advancing change through voting, advocacy, representation, and lawmaking.”

    She continued, “I will never forget the shock of the news of the 2017 attack on Republican Members of Congress preparing for the yearly charitable congressional baseball game, about this time of year that June, where my friend Majority Leader Steve Scalise was severely wounded and Capitol Police officers performed their duties admirably to save lives. Every time I drive to the Capitol, I pass right by that park, a reminder of that terrible event, but also a reminder of courage and resilience in the face of violence.”

    “I support our leadership’s important efforts on stepping up and reviewing security measures, as congressional security is an ongoing concern, and I appreciate our Capitol Police who train to keep Members, staff and visitors to the Capitol safe,” Amata concluded. 

    Congresswoman Amata’s father, the late Governor Uifa’atali Peter T. Coleman, served on the Capitol Police force, between his World War II service and his years in leadership in the Pacific.

    ###

    MIL OSI USA News

  • EU working closely to get trade deal with US, ready for all scenarios, von der Leyen says

    Source: Government of India

    Source: Government of India (4)

    The European Union is working closely with U.S. President Donald Trump’s administration to reach a trade deal, but Brussels is getting ready for all scenarios, European Commission President Ursula von der Leyen said on Wednesday.

    “We stick to our principles, we defend our interests, we continue to work in good faith, and we get ready for all scenarios,” von der Leyen told the European Parliament.

    Trump signed an executive order on Monday extending the date on which so-called “reciprocal” tariffs will take effect to August 1.

    The previous deadline had been Wednesday.

    In a wave of letters, Trump has begun informing a range of trading partners from Japan to Myanmar of sharply higher tariffs on goods they sell into the United States.

    But EU sources told Reuters the European Union would not be among the recipients of a similar letter.

    (Reuters)

  • Arizona fossils reveal an ecosystem in flux early in the age of dinosaurs

    Source: Government of India

    Source: Government of India (4)

    Scientists have unearthed in Arizona fossils from an assemblage of animals, including North America’s oldest-known flying reptile, that reveal a time of transition when venerable lineages that were destined soon to vanish lived alongside newcomers early in the age of dinosaurs.

    The remains of the pterosaur, roughly the size of a small seagull, and the other creatures were discovered in Petrified Forest National Park, a place famous for producing fossils of plants and animals from the Triassic Period including huge tree trunks. The newly found fossils are 209 million years old and include at least 16 vertebrate species, seven of them previously unknown.

    The Triassic came on the heels of Earth’s biggest mass extinction 252 million years ago, and then ended with another mass extinction 201 million years ago that wiped out many of the major competitors to the dinosaurs, which achieved unquestioned supremacy in the subsequent Jurassic period. Both calamities apparently were caused by extreme volcanism.

    The fossils, entombed in rock rich with volcanic ash, provide a snapshot of a thriving tropical ecosystem crisscrossed by rivers on the southern edge of a large desert.

    Along with the pterosaur were other new arrivals on the scene including primitive frogs, lizard-like reptiles and one of the earliest-known turtles – all of them resembling their relatives alive today. This ecosystem’s largest meat-eaters and plant-eaters were part of reptile lineages that were flourishing at the time but died out relatively soon after.

    While the Triassic ushered in the age of dinosaurs, no dinosaurs were found in this ecosystem, illustrating how they had not yet become dominant.

    “Although dinosaurs are found in contemporaneous rocks from Arizona and New Mexico, they were not part of this ecosystem that we are studying,” said paleontologist Ben Kligman of the Smithsonian Institution’s National Museum of Natural History in Washington, who led the study published in the journal Proceedings of the National Academy of Sciences.

    “This is peculiar, and may have to do with dinosaurs preferring to live in other types of environments,” Kligman added.

    This ecosystem was situated just above the equator in the middle of the bygone supercontinent called Pangaea, which later broke apart and gave rise to today’s continents.

    Pterosaurs, cousins of the dinosaurs, were the first vertebrates to achieve powered flight, followed much later by birds and bats. Pterosaurs are thought to have appeared roughly 230 million years ago, around the same time as the earliest dinosaurs, though their oldest-known fossils date to around 215 million years ago in Europe.

    The newly identified pterosaur, named Eotephradactylus mcintireae, is thought to have hunted fish populating the local rivers. Its partial skeleton includes part of a tooth-studded lower jaw, some additional isolated teeth and the bones of its elongated fingers, which helped form its wing apparatus.

    Its wingspan was about three feet (one meter) and its skull was about four inches (10 cm) long. It had curved fangs at the front of its mouth for grabbing fish as it flew over rivers and blade-like teeth in the back of the jaw for slicing prey. The researchers said Eotephradactylus would have had a tail, as all the early pterosaurs did.

    Eotephradactylus means “ash-winged dawn goddess,” recognizing the nature of the rock in which it was found and the position of the species near the beginning of the pterosaur lineage. Mcintireae recognizes Suzanne McIntire, the former Smithsonian fossil preparator who unearthed it.

    The turtle was a land-living species while the lizard-like reptile was related to New Zealand’s modern-day Tuatara. Also found were fossils of some other reptiles including armored plant-eaters, a large fish-eating amphibian and various fish including freshwater sharks.

    The ecosystem’s biggest predators were croc relatives perhaps 20 feet (six meters) long, bigger than the carnivorous dinosaurs inhabiting that part of the world at the time. On land was a four-legged meat-eating reptile from a group called rauisuchians. In the rivers dwelled a semi-aquatic carnivore from a group called phytosaurs, built much like a crocodile but with certain differences, such as nostrils at the top of the head rather than the end of the snout.

    Rauisuchians, phytosaurs and some other lineages represented in the fossils disappeared in the end-Triassic extinction event. Frogs and turtles are still around today, while pterosaurs dominated the skies until the asteroid impact 66 million years ago that ended the age of dinosaurs.

    “The site captures the transition to more modern terrestrial vertebrate communities,” Kligman said.

    (Reuters)

  • Jofra Archer returns to England team for third test vs India

    Source: Government of India

    Source: Government of India (4)

    England’s Jofra Archer has been named in the team to face India in the third test of the series at Lord’s, England’s cricket board (ECB) announced on Wednesday, as the fast bowler prepares for his first test in more than four years.

    Archer will replace fellow seamer Josh Tongue, the only change England have made, for the third test that starts on Thursday. Tongue picked up only four wickets and conceded more than 200 runs in the two innings.

    Archer, 30, has not played in the longest format since England faced India in Ahmedabad in February 2021.

    The series is tied at 1-1 after England won the first test at Headingley before India won a test for the first time at Edgbaston on Sunday.

    ENGLAND TEAM

    Zak Crawley, Ben Duckett, Ollie Pope, Joe Root, Harry Brook, Ben Stokes (captain), Jamie Smith (wicketkeeper), Chris Woakes, Brydon Carse, Jofra Archer, Shoaib Bashir.

    (Reuters)