NewzIntel.com

Category: Asia Pacific

  • MIL-OSI China: Cathay Pacific, Soong Ching Ling Foundation launch youth aviation fund

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

    The China Soong Ching Ling Foundation and Cathay Pacific jointly launched the Aviation Dream Youth Development Fund on May 23, 2025, aiming to support youth aviation education and facilitate cultural exchange between the Chinese mainland and Hong Kong.

    Shen Beili, vice chair of the China Soong Ching Ling Foundation, delivers a speech at Soong Ching Ling’s former residence in Beijing, May 23, 2025. [Photo provided to China.org.cn]

    Shen Beili, vice chairwoman of the China Soong Ching Ling Foundation (CSCLF), said the CSCLF continues to promote Soong Ching Ling’s legacy by launching numerous public welfare initiatives. The newly established Aviation Dream Youth Development Fund in Beijing aims to provide a new platform for young people in the mainland and Hong Kong, supporting their healthy development and fostering greater exchange and growth.

    She added that the fund is designed to bring together young people from the mainland and Hong Kong, giving them opportunities to participate in hands-on projects, learn about China’s development, and build friendships. The goal is to promote cultural exchange, encourage national pride, and strengthen their sense of shared identity.

    Zheng Jiaju, Chinese mainland director of Cathay Group, delivers a speech at Soong Ching Ling’s former residence in Beijing, May 23, 2025. [Photo provided to China.org.cn]

    Zheng Jiaju, Chinese mainland director of Cathay Group, said Cathay Pacific is committed to corporate social responsibility by investing in youth development and cultural exchange, and by supporting society through civil aviation.

    He added that Cathay Pacific will combine its strengths in aviation with the CSCLF’s expertise in youth development to create cross-regional, interdisciplinary platforms for young people from the mainland and Hong Kong, helping them pursue careers in aviation, deepen their cultural roots and reinforce their national identity.

    A signing ceremony for the China Soong Ching Ling Foundation Cathay Pacific Aviation Dream Youth Development Fund is held at Soong Ching Ling’s former residence in Beijing, May 23, 2025. [Photo provided to China.org.cn]

    Li Anjin, deputy secretary-general of the CSCLF, and Sun Yueyi, Chinese mainland general manager of Cathay Group, signed a donation agreement on behalf of both parties. Children from Beijing’s Haidian District Youth Activity Center and Shichahai Primary School performed songs and dances.

    The ceremony was held at the former residence of Soong Ching Ling, a pioneering stateswoman who was named honorary president of the People’s Republic of China for her lifelong contributions to the nation.

    The China Soong Ching Ling Foundation Cathay Pacific Aviation Dream Youth Development Fund is the first public welfare fund established by Cathay Pacific in partnership with the CSCLF on the mainland.

    MIL OSI China News –

  • MIL-OSI China: SCIO briefs media on Yangtze River Economic Belt development in Hubei

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

    SCIO briefs media on Yangtze River Economic Belt development in Hubei

    China SCIO | May 26, 2025

    The State Council Information Office (SCIO) recently organized a media trip for over 40 journalists to visit central China’s Hubei province and observe the progress of high-quality development along the Yangtze River Economic Belt. The group included foreign correspondents from the United States , France, Germany, Australia, Singapore, Indonesia, Iraq, Qatar, and Japan.

    A press briefing was held Thursday during the trip, where Cheng Yongwen, vice governor of Hubei province, briefed the media and answered questions.

    On May 22, 2025, the State Council Information Office holds a press briefing in Wuhan, Hubei province, about the high-quality development of the Yangtze River Economic Belt. [Photo by Liu Jian/China SCIO]

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    MIL OSI China News –

  • Extremely delighted to be in this great city: PM Modi expresses gratitude to Vadodara after roadshow

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Monday extended heartfelt thanks to the people of Vadodara for the warm welcome he received during a vibrant morning roadshow in the city.
     
    In a post on X, the Prime Minister said, “Thank you, Vadodara! Extremely delighted to be in this great city. It was a splendid roadshow and that too in the morning! Gratitude to all those who showered their blessings.”
     
    The roadshow was held as part of PM Modi’s two-day visit to Gujarat, during which he is scheduled to inaugurate and lay the foundation stone for a series of infrastructure and development projects across the state.
     
    During the roadshow, PM Modi was seen waving to enthusiastic citizens who lined the streets holding Indian flags and chanting patriotic slogans. 
     
    Among those present at the event were family members of Indian Army Officer Colonel Sofiya Qureshi, who had participated in media briefings during Operation Sindoor. They greeted the Prime Minister with flower petals as a gesture of appreciation.
     
    In a display of international solidarity, a student from Zimbabwe, who is currently studying in Gujarat, also joined the celebrations. “We stand with India in the fight against terrorism. When terrorists attacked tourists, India targeted terrorist bases and not civilians. We support India,” the student said.
     
    Later in the day, the Prime Minister is scheduled to travel to Dahod, where he will dedicate to the nation a locomotive manufacturing plant set up by Indian Railways. The plant will produce 9,000 HP electric locomotives for both domestic use and export. He will also flag off the first such locomotive built at the facility.
     
    Additionally, PM Modi will inaugurate the Vande Bharat Express between Veraval and Ahmedabad, as well as an express train between Valsad and Dahod. He will also lay the foundation and dedicate various development projects worth approximately ₹24,000 crore in Dahod and address a public gathering.
     
    The Prime Minister’s visit will continue with a stop in Bhuj, where he will launch and inaugurate development works exceeding ₹53,400 crore.
     
    On May 27, PM Modi will travel to Gandhinagar to attend celebrations marking 20 years of Gujarat’s Urban Growth Story and to launch the Urban Development Year 2025. He is also scheduled to address a public gathering in the state capital.
     
    (ANI)

  • PM Modi inaugurates locomotive plant in Dahod; flags off first electric locomotive of the plant

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Monday inaugurated a state-of-the-art Locomotive Manufacturing Plant of Indian Railways in Dahod, Gujarat, marking a key step in boosting the country’s railway infrastructure and freight capabilities. He also flagged off the first electric locomotive produced at the facility.
     
    The Prime Minister was accompanied by Union Railway Minister Ashwini Vaishnaw and Gujarat Chief Minister Bhupendra Patel.
     
    According to an official release from the Prime Minister’s Office (PMO), the Dahod plant has been established in line with PM Modi’s vision of enhancing connectivity and building world-class travel infrastructure. The facility is equipped to manufacture 9,000 HP electric locomotives for both domestic use and export.
     
    These locomotives are expected to significantly increase Indian Railways’ freight loading capacity. They are also fitted with regenerative braking systems, which reduce energy consumption and contribute to environmental sustainability.
     
    Following the inauguration, the Prime Minister is scheduled to lay the foundation stone and inaugurate various development projects worth over ₹24,000 crore in Dahod. These include key railway infrastructure works and multiple initiatives undertaken by the Government of Gujarat. He will also flag off two new train services—the Veraval–Ahmedabad Vande Bharat Express and the Valsad–Dahod Express.
     
    PM Modi, who is on a two-day visit to Gujarat from May 26 to 27, earlier held a roadshow in Vadodara. He expressed gratitude to the people of the city for the warm welcome, describing the experience as “extremely delightful.”
     
    “Thank you, Vadodara! Extremely delighted to be in this great city. It was a splendid roadshow and that too in the morning! Gratitude to all those who showered their blessings,” the Prime Minister posted on X.
     
    During the roadshow, PM Modi greeted enthusiastic crowds lining the streets, waving back at people who welcomed him with Indian flags and patriotic chants. The atmosphere was festive, with flower petals being showered on the Prime Minister and patriotic songs playing in the background.
     
    Family members of Indian Army Officer Colonel Sofiya Qureshi, who was part of media briefings during Operation Sindoor, were also present at the event and greeted the Prime Minister with flower petals.
     
    (ANI)

  • MIL-OSI Economics: Samsung Expands Its Premium Presence With First Experience Store In Indore’s City Center

    Source: Samsung

     
    Samsung, India’s largest consumer electronics brand, has inaugurated its first retail experience store in City Center on MG Road in Indore, further strengthening its premium retail presence across the country.
     
    The store offers an immersive experience to customers with dedicated zones featuring the latest smartphones, tablets, laptops and SmartThings. Here, they can have a first-hand experience of how Samsung’s connected devices can transform their lifestyle into smarter and more convenient experiences.
     
    Spread across 1000 square feet, the new store is designed to be a one-stop solution for consumers to experience Samsung’s cutting-edge innovation, connected ecosystem, and premium service centre all under one roof.
     
    Strategically located in City Center, a vibrant educational hub in Indore known for its bustling youth demographic and growing tech adoption, the store aims to deliver emerging technologies and immersive technology experiences to next-gen consumers
     
    As part of its commitment to customer satisfaction and digital upskilling, this new store will also witness Samsung’s signature ‘Learn @ Samsung’ initiative, following its success across other stores in India. This initiative will offer a range of workshops aimed at empowering consumers, particularly millennials and Gen Z with knowledge and skills to utilize cutting-edge technology. The sessions will cover themes such as AI-enabled photography, productivity, creativity and doodling, providing hands-on experiences with Galaxy devices to enhance user engagement.
     
    “The launch of our first premium experience store in Indore is yet another significant milestone in Samsung’s journey. This expansion is part of Samsung’s broader mission to democratize access to innovation by bringing premium offerings to all. This new store reflects our larger commitment to expanding our premium retail presence and delivering a truly one-stop solution that unites innovation, engagement, and customer satisfaction under one roof,” said a Samsung India spokesperson.
     
    To celebrate the launch, customers visiting the store can avail:

    Free 30+ subscriptions across leading OTT, music, wellness, and infotainment platforms.
    Exclusive discounts on 40+ brand gift cards and 25+ top deals from premium brands.
    Buy 1 Get 1 Free buffet deals across 100+ premium restaurants across India.
    Paytm First membership rewards, special travel savings on flights, and discounts at 14,000+ restaurants nationwide.

     
    In addition, the store features Samsung Store+, an intuitive digital platform that allows in-store shoppers to access detailed product information and opt for home delivery. A dedicated service centre has also been integrated within the store premises to further boost post-purchase support.
     
     
     

    MIL OSI Economics –

  • MIL-Evening Report: Asia Pacific Report editor honoured for contribution to Pacific journalism

    Pacific Media Watch

    Asia Pacific Report editor David Robie was honoured with Member of the New Zealand Order of Merit (MNZM) at the weekend by the Governor-General, Dame Cindy Kiro, in an investiture ceremony at Government House Tāmaki Makaurau.

    He was one of eight recipients for various honours, which included Joycelyn Armstrong, who was presented with Companion of the King’s Service Order (KSO) for services to interfaith communities.

    Dr Robie’s award, which came in the King’s Birthday Honours in 2024 but was presented on Saturday, was for “services to journalism and Asia-Pacific media education”.

    His citation reads:

    Dr David Robie has contributed to journalism in New Zealand and the Asia-Pacific region for more than 50 years.

    Dr Robie began his career with The Dominion in 1965 and worked as an international journalist and correspondent for agencies from Johannesburg to Paris. He has won several journalism awards, including the 1985 Media Peace Prize for his coverage of the Rainbow Warrior bombing.

    He was Head of Journalism at the University of Papua New Guinea from 1993 to 1997 and the University of the South Pacific in Suva from 1998 to 2002. He founded the Pacific Media Centre in 2007 while professor of journalism and communications at Auckland University of Technology.

    He developed four award-winning community publications as student training outlets. He pioneered special internships for Pacific students in partnership with media and the University of the South Pacific. He has organised scholarships with the Asia New Zealand Foundation for student journalists to China, Indonesia and the Philippines.

    He was founding editor of Pacific Journalism Review journal in 1994 and in 1996 he established the Pacific Media Watch, working as convenor with students to campaign for media freedom in the Pacific.

    He has authored 10 books on Asia-Pacific media and politics. Dr Robie co-founded and is deputy chair of the Asia Pacific Media Network/Te Koakoa NGO.


    The investiture ceremony on 24 May 2025.      Video: Office of the Governor-General  

    In an interview with Global Voices last year, Dr Robie praised the support from colleagues and students and said:

    “There should be more international reporting about the “hidden stories” of the Pacific such as the unresolved decolonisation issues — Kanaky New Caledonia, “French” Polynesia (Mā’ohi Nui), both from France; and West Papua from Indonesia.

    “West Papua, in particular, is virtually ignored by Western media in spite of the ongoing serious human rights violations. This is unconscionable.”

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Economics: Huawei ICT Competition 2024–2025: AI Empowers Education and Talent Growth

    Source: Huawei

    Headline: Huawei ICT Competition 2024–2025: AI Empowers Education and Talent Growth

    [Shenzhen, China, May 26, 2025] On May 24, the Closing & Awards Ceremony of the Huawei ICT Competition 2024–2025 Global Final took place in Shenzhen. In its 9th edition, the event has reached a record-breaking scale, attracting over 210,000 students and instructors from more than 2,000 colleges and universities in over 100 countries and regions. Following national and regional competitions, 179 teams from 48 countries and regions made it to the Global Final.
    Through intense competition across three major tracks (Practice, Innovation, and Programming), top honors were awarded to 18 outstanding teams from 9 countries: Algeria, Brazil, China, Morocco, Nigeria, Philippines, Serbia, Singapore, and Tanzania.
    To recognize outstanding contributions beyond technical excellence, the competition also presented special honors. The Women in Tech Award was granted to four all-female teams from Brazil, Saudi Arabia, Germany, and Kenya. The Green Development Award went to a team from Ghana. The Most Valuable Instructor Award recognized 18 distinguished instructors from 10 countries – Algeria, Bangladesh, Brazil, China, Egypt, Hungary, Indonesia, Iraq, Nigeria, and Türkiye – for their contributions to ICT education.

    Huawei ICT Competition 2024–2025 Global Final Closing & Awards Ceremony

    In his opening speech, Ritchie Peng, Director of the ICT Strategy & Business Development Dept at Huawei, said: “To achieve the goal of learning through competition and inspiring innovation through competition, we have continuously evolved the design of competition topics. The Practice Competition aligns with our vision for an Intelligent World 2030 and encourages students to master cloud computing, big data, and AI to drive social progress. The Innovation Competition focuses on green development and digital inclusion, motivating participants to solve real-world challenges in sectors like agriculture, healthcare, and education through ICT.”

    Ritchie Peng Delivering the Opening Speech at the Closing & Awards Ceremony

    As digital transformation accelerates globally, demand for skilled professionals in fields such as AI, big data, and cybersecurity continues to grow. However, the shortage of talent in these critical areas is becoming increasingly evident. To help tackle this challenge, the Huawei ICT Competition features multiple tracks — notably Practice, Innovation, and Programming — alongside initiatives such as industry-academia collaboration and tailored curriculum development. These efforts aim to equip students with in-demand skills and foster the next-generation tech talent who will stand out in an increasingly intelligent and digital world.
    During this year’s competition, Huawei also hosted the AI Accelerating Education Transformation Summit, where experts explored the pivotal role of AI in smart education. In addition, Huawei officially announced the AI Capability of the Huawei ICT Academy Intelligent Platform, making it easier and more efficient for educators and students to use. This marks another step forward in advancing educational digitalization.
    For more details about the Huawei ICT Competition, visit us at https://www.huawei.com/minisite/ict-competition-2024-2025-global/en/index.html.

    MIL OSI Economics –

  • MIL-OSI New Zealand: Road closed: Number 2 Line, Okoia

    Source: New Zealand Police

    Number 2 Line near Okoia, Whanganui, is closed after a crash.

    At around 7pm emergency services received reports of the crash east of Whanganui, between Portal Street and Hikuawa Road.

    The Serious Crash Unit is attending, and diversions are being put in place.

    Motorists are asked to avoid the area.

    Information on the crash will be updated proactively.

    ENDS

    Issued by the Police Media Centre.

    MIL OSI New Zealand News –

  • MIL-OSI Australia: Protect our trees, protect our City

    Source: South Australia Police

    A free Polyphagous shot-hole borer (PSHB) information session is being held at the City of Wanneroo’s Civic Centre on Saturday 14 June.

    Join us to discover more about the PSHB, the threat it poses to our urban canopy and how you can help stop the spread of this invasive pest.

    First detected in Perth in 2021, the tiny wood-boring beetle has been detected in trees across Perth, with a quarantine notice quickly put in place to support the Department of Primary Industries and Regional Development’s (DPIRD) response.

    The City is working closely with DPIRD to prevent the spread of the PSHB and encourages the community to use the MyPestGuide app to report suspected sightings.

    The City of Wanneroo currently sits in Zone B of the Quarantine Area. This means residents:

    • cannot move untreated or unseasoned wood outside the Quarantine Area, unless chipped to pieces that are 2.5 cm or less in diameter,
    • cannot move plant materials, including living plants, that are greater than 2cm in diameter outside the Quarantine Area,
    • must ensure any machinery used to handle green waste is cleaned before it can be moved outside the Quarantine Area, can move wood or plant materials, including living plants, into Zone A.

    Bookings are essential, register here.

    To learn more about the PSHB and how you can help prevent its spread, visit our PSHB webpage.

    MIL OSI News –

  • MIL-OSI New Zealand: Release: Nelson short-changed by hospital downgrade

    Source: New Zealand Labour Party

    National’s cuts to Nelson’s Hospital rebuild will leave the community with only half the number of new beds than the rebuild Labour planned.

    “I’m worried that National’s downgraded plan won’t meet the needs of patients and we’ll soon be back where we started, with the hospital needing to be upgraded in a few years,” Labour health spokesperson Ayesha Verrall said.

    While in Government, Labour announced $73 million for the first tranche of a major redevelopment of Nelson Hospital, to progress plans for an acute services and in-patient building with 255 beds, eight theatres and a larger emergency department. This would amount to an increase of 92 beds.

    “This Government is downgrading what the community needs by only building 41 new overnight and surgical beds and removing five beds from other units.

    “They’re spending half the money for half the hospital.

    “What other corners will have to be cut to build Nelson Hospital and others around the country, when there is only $1 billion net new money for health capital projects in the Budget?

    “That money is not enough to ensure our hospitals are fit for purpose for a growing and ageing population. We will see more corners cut for builds in Nelson and across the country, leaving future generations to pick up the tab,” Ayesha Verrall said.

    Stay in the loop by signing up to our mailing list and following us on Facebook, Instagram, and X. 

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Release: Bugs on David Seymour’s school lunch menu

    Source: New Zealand Labour Party

    The latest shocker to come out of David Seymour’s school lunches is an insect being found in a student’s meal.

    “Just when we thought David Seymour’s school lunches couldn’t get any worse – he surprises us with a new low,” Labour’s education spokesperson Willow-Jean Prime said.

    “First it was exploding lunches, then frozen lunches, then it was plastic and glass, now it’s a bug. This is an insult to our students. Our children deserve better than this.

    “David Seymour promised all issues would be fixed come start of Term 2, but they’re not.

    “New Zealand Food Safety must be thorough in its investigation into this as finding an insect in a school lunch is an appalling further drop in standards.

    “If David Seymour’s shocking track record on school lunches is anything to go by, once he becomes Deputy Prime Minister we’re in for some more nasty surprises,” Willow-Jean Prime said.

    Stay in the loop by signing up to our mailing list and following us on Facebook, Instagram, and X. 

    MIL OSI New Zealand News –

  • MIL-OSI Australia: Repair, Reuse, Restyle : Sustainable fashion workshops coming to Wanneroo

    Source: South Australia Police

    The City is hosting its first Sustainable Fashion Fiesta – a series of workshops and events – from Friday 13 June to Monday 30 June.

    You can learn how to recycle old textiles into new uses, basic sewing or attend a clothes swap events.

    With sustainability at its core, the new event aims to help balance the relationship between urban growth and the environment.

    Event dates and times

    Making New Meaning from Old Textiles – three-part series at the Wanneroo Library

    Led by Inglewood-based artist, Louise Wells, this workshop encourages participants to bring along precious fabric or clothing to remodel and repurpose. Using different stitches, machine sewing and your own imagination, you will create a small, unique artwork.

    Louise has a diverse art practice, ranging from small hand stitched works to large-scale outdoor ephemeral sculptures.

    12pm to 4pm, Sunday 15 June, Saturday 21 and Saturday 28 June

    Clothes swap event at Clarkson Library

    Bring up to 10 gently used clothing items, accessories or shoes and trade them for something new-to-you.

    10am to 2pm, Monday 16 June, featuring an alteration station with Angela from ‘Sew Impressed’ from 11am to 2pm.

    10am to 2pm, Wednesday 18 June, featuring Loraine Martin from the ‘The Feelgood Fashionista’ from 12pm to 1pm.

    Renew and repurpose textile sewing workshops at Clarkson Library

    Join us for a fun a creative series of upcycled art and craft classes for ages 16 and above.

    In these two sessions, supported by members of our Waste Education team, we will use sewing machines to create coasters (Tuesday) and placemats out of repurposed fabric (Thursday). Add your own personal touch to your table to next time  you host your family and friends.

    10am to 11.30am and 1pm to 2.30pm, Tuesday 17 June.
    10am to 11.30am and 1pm to 2.30pm, Thursday 19 June.

    Clothes swap event at the Wanneroo Library

    Looking to refresh your wardrobe while connecting with your community? Join our Care to Rewear Clothes Swap for a fun and sustainable way to update your style!

    Bring up to 10 gently used clothing items, accessories or shoes and trade them for something new-to-you.

    9.30am to 12.30pm, Saturday 21 June, featuring an alteration station with Angela from ‘Sew Impressed’.

    Become friends with your sewing machine: Intro to sewing course at Wanneroo Library

    This four-part introductory sewing course offers the advice and help you need to give your clothing a second life.

    The course is suitable for ages 12 and up, and will cover:

    • general sewing machine functions and dial controls
    • threading, bobbin fill, trouble shooting and needle changing
    • general foot attachments overview: standard, buttonhole, rolled hem and zipper
    • how to insert a zipper using the zipper foot.

    After mastering the basics, participants can work on a project of their own or an item of clothing that needs repairing or adjusting.

    4.30pm to 6.30pm, Monday 23, Tuesday 24, Wednesday 25 and Thursday 26 June.

    MIL OSI News –

  • MIL-OSI Australia: ATO announces additional support for new small business owners

    Source: New places to play in Gungahlin

    The Australian Taxation Office (ATO) has announced it is providing additional support for new small business owners to ensure they understand and comply with their tax, super and registry obligations from the start.

    The ATO’s campaign, coined ‘ready for business’, highlights that opening and running a small business is ‘serious business’. Approximately 50% of businesses fail in the first 3 yearsExternal Link, often because they don’t get their ATO obligations right when starting their small business journey.

    In the coming months, Australian business number (ABN) holders will receive a series of emails from the ATO which include tips on ABN obligations, business structures, registering for goods and services tax (GST) and understanding employer responsibilities.

    The ATO knows while most small businesses try to do the right thing and comply with their ATO obligations there are some making genuine mistakes and others deliberately not complying.

    Don’t get caught out by GST

    GST registration and payment is an ongoing area of concern for the ATO. The ATO estimates that the community is missing out on almost $8 billion in GST each year that hasn’t been collected due to non-compliance. Small businesses failing to comply with GST obligations contribute significantly to this gap.

    Not every small business needs to be registered for GST, but when their GST turnover is $75,000 or more or when they provide taxi, limousine or ride-sourcing services they must register and collect GST and then pay this to the ATO.

    Small businesses who don’t understand their GST obligations can often be caught out when it comes time to pay.

    ATO Deputy Commissioner Will Day encouraged small businesses to set aside GST, as well as pay as you go (PAYG) withholding and super if they have employer obligations.

    ‘Don’t be tempted to dip into GST, PAYG withholding or super to manage your cash flow – set up separate bank accounts for these funds so you’re always prepared when it’s time to pay’, Mr Day said.

    In early 2025, the ATO wrote to ride-sourcing operators and taxi drivers announcing it was focussed on those operating outside the system. This action resulted in over 3,000 new GST registrations.

    ‘Ride-sourcing operators and taxi drivers who deliberately operate outside the system will face consequences’, Mr Day said.

    Side hustles in the spotlight

    Over 700,000 taxpayers are supplementing their income with ‘side hustles’ including ‘gig’ or sharing economy activities. If your hobby has turned into a profit-making business, you are responsible for certain tax, super and registry obligations.

    ‘Generally, a business involves continuous and repeated activities aimed at making a profit. Visit ato.gov.au/areyouinbusiness to learn more about whether your activities qualify as a business and understand your obligations,’ Mr Day said.

    Plan ahead with PAYG instalments

    The ATO is also encouraging new small businesses to plan ahead to avoid a large tax bill when they lodge their first tax return.

    To prevent this, new small business owners can voluntarily enter and prepay their estimated tax liability through PAYG instalments as soon as they start their business.

    Quotes attributable to Deputy Commissioner Will Day:

    ‘Our goal is to provide small businesses with guidance, tools and tips so new business owners can focus on growing their business with confidence’.

    ‘Small businesses are vital participants in the tax and super system. As stewards for small businesses, our role in making it easy for small business owners to get their tax and super right is more important than ever.’

    ‘We know that successful small business owners understand their tax, super and registry obligations and we are committed to helping them do so. We also know that small businesses who engage a registered tax professional are more likely to stay on top of their tax and super obligations’.

    ‘Through transparent communication, including the support we have available for small businesses, small business owners are better equipped to keep up with their obligations and stay on top of their tax payments. After all, small business is serious business.’

    ‘The ATO’s role is to collect the correct amount of tax so the government can deliver services for the Australian community’.

    Notes to journalists

    • Deputy Commissioner Will Day’s speech to the Institute of Public Accountants (IPA) National Congress 2024 launched ‘Getting it right’, an ongoing quarterly campaign which aims to support small businesses by sharing the ATO’s areas of focus. Deputy Commissioner Will Day’s speech announced the quarter 2 focus areas and the quarter 3 focus areas were announced in the ATO shifts non-compliant small businesses to monthly GST media release.
    • Ensuring new small business owners get their ATO obligations right is the next ‘cab off the rank’ for the ATO’s ongoing ‘Getting it right’ campaign. The ATO will continue to announce new focus areas quarterly.
    • Deputy Commissioner Will Day is available for interviews on request.
    • A high-resolution headshot of Deputy Commissioner Will DayThis link will download a file is available for download from our media centre.
    • ATO stock footage and images are available for use in news bulletins from our media centre.

    MIL OSI News –

  • MIL-OSI New Zealand: More traffic expected for Mt Wellington, NZTA and AT plans in full swing

    Source: Auckland Transport

    Date: 13 May 2025

    Auckland Transport (AT) and the NZ Transport Agency Waka Kotahi (NZTA) are collaborating to tackle congestion in Mt Wellington.

    AT is planning to create new transit and heavy vehicle lanes on two major roads that feed vehicles to and from State Highway 1 (SH1) in the afternoon and is now seeking public feedback on the proposal.

    The lanes will make travel quicker and more reliable for delivery vehicles, buses, and people carpooling, says AT’s Road Network Optimisation Manager Chris Martin.

    “Our analysis shows that 11 percent of vehicles moving through here are heavy vehicles or trucks carrying goods, which is higher than normal in Auckland. It would be fantastic to get these vehicles that are essential to our economy out of traffic and moving more efficiently.”

    “On Sylvia Park Road, the road is wide enough for us to add another lane, but this will require painting broken yellow lines on the other side of the road so that one or two parked cars don’t block the road for everyone else,” he says.

    “On Mt Wellington Highway, we are at the point where we need to reallocate the lanes on both sides, so that we can improve productivity and essentially move more people through the same road space.

    “These roads are already very busy with more people living and working in the area. We expect these roads to get busier once IKEA opens, so we’re planning now to get ahead of the congestion crunch,” Mr Martin says.

    AT’s proposals will link existing transit lanes on Great South Road and Atkinson Road and tie in with NZTA’s work.

    NZTA is currently making changes to improve the traffic flow onto the motorway and reduce congestion at the Mt Wellington Highway interchange. The improvements include expanding the current two-lane onramp into three lanes on the southbound approach to SH1 as well as converting the existing give-way controlled left turning southbound slip lane into a signalised pedestrian crossing.  This will allow three lanes of traffic on the on-ramp to reduce the number of vehicles queueing on this busy road.

    The motorway improvements will ensure that unless a pedestrian wants to cross the road, the slip lane will aways be green to allow a free-flowing left turn, plus a third on-ramp lane will let vehicle movement to continue even when double lane traffic is turning right from the south.

    Auckland System Management (ASM) began construction works on the motorway improvements last month.

    “The project’s primary goal is to ease congestion at the Mt Wellington Highway interchange, particularly for those heading south to the SH1 motorway and improve pedestrian safety,” says Paul Geck, Alliance Manager, ASM.

    Both AT and NZTA’s plans are designed to be implemented quickly for the 20,000 plus vehicles that use these roads daily. NZTA’s works are taking place at night and are expected to be complete in July 2025. 

    Ward Councillor Josephine Bartley is encouraging people to tell AT what they think of the proposal.

    “AT’s job is to make the road network as efficient as possible. It’s good to see that AT and NZTA are working on this together and I am cautiously optimistic that this will help everyone spend less time in traffic in the evening. 

    “If you live in the area, work in the area, or travel through the area, take a look at what’s proposed and consider how it could improve the local road ecosystem,” she says.

    Feedback is open on AT’s proposed changes for Keeping Mt Wellington Moving at haveyoursay.at.govt.nz until 8 June 2025.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Football Fever – Show your pride with Auckland’s ride

    Source: Auckland Transport

    Date: 21 May 2025

    Auckland Transport is throwing its support behind Auckland FC as the Black Knights continue their charge to capture football’s A League crown in their inaugural season. 

    Having already claimed the Premiers’ Plate by finishing top of the table, Auckland hosts Melbourne Victory at Go Media Mount Smart Stadium at 6pm this Saturday May 24 in the second match of a home and away semifinal, with the winner booking a place in the Grand Final. 

    While Auckland won the first match 1-0 In Melbourne, the team will still need home fans to bring the noise this weekend and AT is coming to the party, offering free travel on buses and trains included in match tickets. Special Event buses will also be running from Albany, stopping at all Northern Busway stations before heading to the stadium. 

    Match ticket holders can simply show their ticket to the bus driver or train staff member when boarding and remember to keep their tickets for the ride home.  

    The Special Event bus drivers will be showing their support, being decked out in Auckland FC scarfs and there will be free face painting at Albany Bus Station and Waitematā (Britomart) and Newmarket train stations. There will be a Soccer Shootout event at Britomart’s Te Komititanga Square to put your skills to the test and Pacific drummers playing outside Penrose Station to hype fans up on their way to the match. 

    AT CEO Dean Kimpton says with more than 28,000 fans expected at Mount Smart, AT is pleased to be able to support them to get to the game efficiently and safely. 

    “As a fan of the Black Knights’ and their outstanding season, it’s been fantastic to enjoy the real buzz around the city and beyond they have brought to us. It’s going to be a big weekend for Auckland so we’re asking people to plan their trips ahead of time so they can travel smoothly,” Mr Kimpton says. 

    “Just like after all big events in Auckland and around the world there may be a bit of a wait while our team works hard to help get you home onboard our buses and trains.” 

    Fans of the oval ball will also be able to enjoy free travel on buses and trains included in match tickets and free face painting at Albany Bus Station for this weekend’s Black Ferns clash with USA at North Harbour Stadium. 

    MIL OSI New Zealand News –

  • MIL-OSI: Bitget Delivers A Knockout Experience: VIP Access to Karate Combat’s KC54 Dubai UFC Fight

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, May 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, brought the heat to Token2049 with an exclusive ringside experience at Karate Combat KC54 in Dubai on May 2nd. Think high-octane strikes, VIP treatment, and a night so wild, even the blockchain felt the impact.

    This year, Bitget raised the stakes by offering a premium experience that put crypto enthusiasts right at the heart of the action. Bitget’s esteemed VIPs witnessed world-class fighters trade blows while enjoying gourmet food and premium beverages in an exclusive VIP section reserved just for Bitget’s key opinion leaders and special guests.

    With a crowd of 4,000-5,000 roaring fight fans, the energy in Dubai’s premier venue was electric. Bitget COO Vugar Usi Zade perfectly captured the spirit of the event: “Crypto trading and combat sports demand the same qualities—quick reflexes, strategic thinking, and nerves of steel. We’re thrilled to give our community this exclusive opportunity to experience world-class competition up close. Whether you’re analyzing charts or analyzing fight techniques, this is where champions are made.”

    Robert Bryan, CEO of Karate Combat, remarked, “KC54 marked a significant milestone in our journey, and having Bitget as a sponsor amplified our commitment to innovation in combat sports. Their support helped us deliver an unforgettable experience that blended tradition with cutting-edge technology.

    Asim Zaidi, President of Karate Combat, also added, “Partnering with Bitget for KC54 was a game-changer. Their involvement not only elevated the event’s profile but also underscored the synergy between martial arts and the evolving digital landscape.”

    The event marked another strategic partnership for Bitget in the combat sports world, following their successful collaborations with professional combat athletes such as Wrestling World Champion, Buse Tosun Çavuşoğlu, and Boxing Gold Medalist Samet Gümüş (Boxing). By creating these exclusive live experiences, Bitget continues to build meaningful connections between the crypto community and high-profile sporting events.

    Jyotsna Hirdyani, Bitget’s South Asia head, who orchestrated the event, shared insights. “This is the future. From blockchain to sports, crypto is changing the game forever. This is what happens when sports & entertainment meet blockchain technology. It’s a cultural shift where you will see more & more cross-plays of sports x crypto, the ultimate cross-over.”

    This partnership underscores Bitget’s commitment to delivering unique, high-value experiences to its community. Just as in trading, timing is everything, and May 2nd in Dubai was when crypto met combat in what turned out to be an unforgettable showdown. Bitget’s focus remains on creating tangible value for the crypto community beyond digital interfaces.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    About Karate

    Karate Combat is the world’s premier full-contact karate league, renowned for its innovative approach to combat sports entertainment. Known for its distinctive, fast-paced fighting style – essentially MMA without ground fighting, Karate Combat delivers high-energy bouts, with nearly half ending in knockouts. With over 7 million followers, hundreds of millions of views monthly, and over 100,000 active app users, Karate Combat is at the forefront of blending sports, technology community-driven experiences.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c42afdf6-d6ba-4c86-9956-11a55ab53e57

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7491be04-23bb-4a08-adea-298413bc3465

    https://www.globenewswire.com/NewsRoom/AttachmentNg/11cf807e-3ef9-44f5-8645-11265a51e617

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3b65cc5e-9dd9-4842-9b2c-cb12d08b16d6

    The MIL Network –

  • MIL-OSI China: China grab 4 golds at world table tennis finals

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

    Despite a gold-laden campaign at the world championships, China’s once invincible national table tennis team has left the prestigious tournament in Doha, Qatar, with alarm bells ringing for its Olympic ambitions.

    Winning four of the five events at the world championships finals, it seemed like business as usual for China’s table tennis squad to have proved its mighty prowess again in the Qatari capital. However, the surging challenge from the rest of the world, underlined by the squad’s early exit in men’s doubles, has triggered a sense of urgency for the celebrated program.

    Table tennis ace Wang Chuqin competes in the men’s singles final at the World Table Tennis Championship in Doha, Qatar, on Sunday. Wang beat Brazil’s Hugo Calderano 4-1 to add another gold to his collection. XIAO YIJIU/XINHUA

    The men’s doubles final, the first event on Sunday, proceeded without a Chinese pair for the first time in 50 years, with two Chinese teams eliminated in the quarterfinals. Japan’s Hiroto Shinozuka and Shunsuke Togami won the final after beating Chinese Taipei’s Kao Cheng-jui and Lin Yun-ju 3-2 in the best-of-five format.

    Women’s World No 1 Sun Yingsha and men’s World No 2 Wang Chuqin, both from China, then held court at the Lusail Sports Arena, delivering in top form to each claim a singles title, adding to their golden harvest after bagging the mixed doubles title together on Saturday.

    “It felt like a huge burden relieved in my heart,” Wang said after beating Brazil’s reigning World Cup winner Hugo Calderano 4-1 in the best-of-seven final to win his first world championship singles gold medal.

    “It was a tough battle and I am so happy to pull it off, driven by the pride representing my country and the team,” said Wang, who also successfully avenged his semifinal loss to the same opponent at the Macao World Cup last month.

    The recent surge of Calderano, dubbed by fans as the “Thrill from Brazil”, saw the world No 3 edge out Chinese players at major events two times in a row after he beat world No 5 Liang Jingkun with a gripping semifinal win on Saturday to set up a clash with Wang. Calderano’s meteoric rise has pushed Team China’s best to dig harder and stay more cautious in future events.

    “To face him again, I tried to position myself as a challenger. He’s definitely a big threat for us in future tournaments,” Wang said after helping China collect its 11th consecutive men’s singles title at the worlds.

    In the women’s singles final, Sun retained her crown by outplaying teammate and 2021 singles world champion Wang Manyu 4-3 in a seesaw battle.

    It was also the 16th consecutive women’s singles final at the world championships to feature two Chinese finalists since 1995, serving as testament to the program’s dominance in this event.

    After a break during the men’s singles final, Wang Manyu suited up again in the women’s doubles final with partner Kuai Man and ended her Doha outing with a gold, after the world No 2 Chinese pair routed the Austria-Romania duo of Sofia Polcanova and Bernadette Szocs 3-0 in less than 22 minutes to cap off Team China’s campaign in style.

    Team China’s apparent decline of dominance on the men’s side, measured by its own standards, at the world championships has raised concerns over its prospects for the 2028 Olympic Games in Los Angeles, where the two team events have been replaced by men’s and women’s doubles on the Games’ program.

    The adjustment is expected to pose a tougher threat for China’s ambition of a clean sweep of all golds at LA 2028, where international contenders are more competitive in doubles than in team events.

    “We are definitely facing much more pressure now following the change in the Olympic program. The world is ready to go harder at us, and we should be prepared better as well,” newly elected Chinese Table Tennis Association president Wang Liqin told Xinhua News Agency after taking office last month.

    MIL OSI China News –

  • MIL-OSI Economics: Secretary-General of ASEAN joins ASEAN Leaders in the Retreat Session of the 46th ASEAN Summit in Kuala Lumpur, Malaysia

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today participated in the Retreat Session of the 46th ASEAN Summit, at the Kuala Lumpur Convention Centre in Malaysia. In this closed-door session, ASEAN Leaders exchanged views on pressing regional and global developments, reaffirming ASEAN’s unity, Centrality and shared commitment to addressing challenges.

    The post Secretary-General of ASEAN joins ASEAN Leaders in the Retreat Session of the 46th ASEAN Summit in Kuala Lumpur, Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN join ASEAN Leaders in the Interface with Representatives of the ASEAN Inter-Parliamentary Assembly

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, participated in the ASEAN Leaders’ Interface with Representatives of the ASEAN Inter-Parliamentary Assembly (AIPA) today, held on the sidelines of the 46th ASEAN Summit in Kuala Lumpur, Malaysia. The Interface, led by the Chair of ASEAN in 2025, Prime Minister Dato’ Seri Anwar Ibrahim of Malaysia, and AIPA President and Speaker of the Parliament of Malaysia YB Tan Sri Dato’ (Dr.) Johari bin Abdul, highlighted the important role of AIPA in supporting ASEAN’s efforts in achieving its Community Vision

    The post Secretary-General of ASEAN join ASEAN Leaders in the Interface with Representatives of the ASEAN Inter-Parliamentary Assembly appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Banking: Secretary-General of ASEAN joins ASEAN Leaders in the Retreat Session of the 46th ASEAN Summit in Kuala Lumpur, Malaysia

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today participated in the Retreat Session of the 46th ASEAN Summit, at the Kuala Lumpur Convention Centre in Malaysia. In this closed-door session, ASEAN Leaders exchanged views on pressing regional and global developments, reaffirming ASEAN’s unity, Centrality and shared commitment to addressing challenges.

    The post Secretary-General of ASEAN joins ASEAN Leaders in the Retreat Session of the 46th ASEAN Summit in Kuala Lumpur, Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Secretary-General of ASEAN join ASEAN Leaders in the Interface with Representatives of the ASEAN Inter-Parliamentary Assembly

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, participated in the ASEAN Leaders’ Interface with Representatives of the ASEAN Inter-Parliamentary Assembly (AIPA) today, held on the sidelines of the 46th ASEAN Summit in Kuala Lumpur, Malaysia. The Interface, led by the Chair of ASEAN in 2025, Prime Minister Dato’ Seri Anwar Ibrahim of Malaysia, and AIPA President and Speaker of the Parliament of Malaysia YB Tan Sri Dato’ (Dr.) Johari bin Abdul, highlighted the important role of AIPA in supporting ASEAN’s efforts in achieving its Community Vision

    The post Secretary-General of ASEAN join ASEAN Leaders in the Interface with Representatives of the ASEAN Inter-Parliamentary Assembly appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

  • Operation Sindoor outreach: Guyana backs India’s fight against terrorism

    Source: Government of India

    Source: Government of India (4)

    Guyana’s Prime Minister Mark Anthony Phillips and Vice President Bharrat Jagdeo on Monday extended strong support for India’s stance against terrorism during a meeting with an all-party Indian parliamentary delegation led by Congress MP Shashi Tharoor in Berbice.

    The visit comes in the wake of India’s Operation Sindoor and the terror attack in Pahalgam. Both leaders condemned terrorism unequivocally, reaffirming Guyana’s long-standing ties with India.

    “There is a very good relationship between India and Guyana. Forty per cent of Guyana’s population is of Indian origin, and we share a relationship that spans over 150 years,” said Phillips. “Guyana condemns all acts of terrorism. We believe in peaceful coexistence and the observance of the rule of law.”

    He also welcomed Indian investments and stressed the importance of people-to-people contact in deepening bilateral ties.

    Vice President Bharrat Jagdeo echoed Phillips’ sentiments during his meeting with the delegation.

    “Guyana stands unequivocally with India. We are against terrorism in all its forms and believe perpetrators must be brought to justice,” Jagdeo said, adding that Guyana is keen to explore development collaborations with India in areas such as infrastructure, fintech, and agriculture.

    In a post on X, Shashi Tharoor noted that the delegation’s talks with Jagdeo extended beyond terrorism to encompass Guyana’s economic growth, development plans following the discovery of oil and gas, and the vast opportunities available to Indian companies.

    “Our conversation also spanned a range of topics relating to Guyana’s record-breaking 30% annual economic growth and development plans following the discovery of oil and gas. A large number of opportunities for Indian companies were mentioned, in sectors ranging from agriculture to telecoms, banking and highway development. Guyana is also experiencing labour shortages and would welcome Indian labour as well,” Tharoor wrote.

    BJP MP Tejasvi Surya, also part of the delegation, highlighted the strengthening economic engagement between India and Guyana, especially in infrastructure and energy sectors.

    “Many Indian companies are working in Guyana, employing thousands. We also met with representatives of many spiritual organisations like the Art Of Living, ISKCON and the Bramhakumaris. They serve as the spiritual and cultural anchor for the Indian community here,” Surya wrote on X.

    “Our delegation met with the Vice President of Guyana H.E. Bharrat Jagdeo and spoke to him on a wide range of issues, including India’s fight against terrorism. Mr. Jagdeo has served for 12 years as the President of Guyana and is one of the most respected leaders of the country. He was unequivocal in his condemnation of the Pahalgam attack and fully supported Operation Sindoor. VP also conveyed his keen interest in collaboration with India on key development projects in areas of infrastructure, energy, fin tech and agriculture. With Guyana finding new oil reserves and growing at a rapid pace of 30%, the opportunities for Indian businesses are immense,” he added.

    The all-party delegation includes MPs from across the political spectrum: Shambhavi Chaudhary (Lok Janshakti Party), Sarfaraz Ahmed (Jharkhand Mukti Morcha), G M Harish Balayogi (Telugu Desam Party), Shashank Mani Tripathi, Bhubaneswar K Lata (BJP), Mallikarjun Devda (Shiv Sena), and Taranjit Singh Sandhu, former Indian Ambassador to the U.S.

    The MPs also engaged with the Indian diaspora in Guyana, who voiced strong support for India’s efforts to counter cross-border terrorism and commended the government’s response.

    (With inputs from agencies)

  • MIL-OSI Asia-Pac: External merchandise trade statistics for April 2025

    Source: Hong Kong Government special administrative region

    External merchandise trade statistics for April 2025 
    In April 2025, the value of total exports of goods increased by 14.7% over a year earlier to $434.5 billion, after a year-on-year increase by 18.5% in March 2025. Concurrently, the value of imports of goods increased by 15.8% over a year earlier to $450.5 billion in April 2025, after a year-on-year increase by 16.6% in March 2025. A visible trade deficit of $16.0 billion, equivalent to 3.6% of the value of imports of goods, was recorded in April 2025.
     
    For the first four months of 2025 as a whole, the value of total exports of goods increased by 11.9% over the same period in 2024. Concurrently, the value of imports of goods increased by 11.4%. A visible trade deficit of $96.9 billion, equivalent to 5.7% of the value of imports of goods, was recorded in the first four months of 2025.
     
    Comparing the three-month period ending April 2025 with the preceding three months on a seasonally adjusted basis, the value of total exports of goods increased by 13.8%. Meanwhile, the value of imports of goods increased by 12.6%.
     
    Analysis by country/territory
     
    Comparing April 2025 with April 2024, total exports to Asia as a whole grew by 20.8%. In this region, increases were registered in the values of total exports to some major destinations, in particular Malaysia (+61.5%), Vietnam (+48.3%), Taiwan (+24.1%), the mainland of China (the Mainland) (+23.0%) and India (+22.5%). On the other hand, a decrease was recorded in the value of total exports to Korea (-26.7%).
     
    Apart from destinations in Asia, decreases were registered in the values of total exports to some major destinations in other regions, in particular the Netherlands (-38.4%) and the United Kingdom (-24.1%). On the other hand, an increase was recorded in the value of total exports to Germany (+30.8%).
     
    Over the same period of comparison, increases were registered in the values of imports from most major suppliers, in particular Vietnam (+107.3%), the United Kingdom (+59.5%), Taiwan (+50.6%) and the Mainland (+14.8%). On the other hand, a decrease was recorded in the value of imports from Korea (-21.3%).
     
    For the first four months of 2025 as a whole, increases were registered in the values of total exports to some major destinations, in particular Vietnam (+63.7%), Taiwan (+36.3%) and the Mainland (+18.1%). On the other hand, a decrease was recorded in the value of total exports to the United Arab Emirates (-28.6%).
     
    Over the same period of comparison, increases were registered in the values of imports from some major suppliers, in particular Vietnam (+78.9%), the United Kingdom (+57.9%), Taiwan (+53.1%), Malaysia (+35.8%) and the Mainland (+6.9%). On the other hand, a decrease was recorded in the value of imports from Korea (-23.0%).
     
    Analysis by major commodity
     
    Comparing April 2025 with April 2024, increases were registered in the values of total exports of some principal commodity divisions, in particular “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $33.5 billion or +18.7%) and “office machines and automatic data processing machines” (by $19.5 billion or +46.0%).
     
    Over the same period of comparison, increases were registered in the values of imports of some principal commodity divisions, in particular “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $29.9 billion or +16.8%) and “office machines and automatic data processing machines” (by $19.5 billion or +67.1%).
     
    For the first four months of 2025 as a whole, increases were registered in the values of total exports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $106.2 billion or +72.1%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $76.4 billion or +11.2%).
     
    Over the same period of comparison, increases were registered in the values of imports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $94.2 billion or +84.7%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $82.4 billion or +12.3%).
     
    Commentary
     
    A Government spokesman said that the value of merchandise exports grew visibly by 14.7% in April over a year earlier. Exports to the Mainland and many other Asian markets grew visibly. Exports to the United States rose marginally, while exports to the European Union fell.
     
    Looking ahead, as international trade tensions have eased somewhat of late, the headwinds and uncertainties in the external environment have lessened to some extent. The sustained steady growth in the Mainland economy, together with Hong Kong’s proactive efforts in enhancing economic and trade ties with different markets, should help buttress trade performance. The Government will continue to closely monitor changes in the external environment and stay vigilant to the potential impacts brought about by shifts in trade policies.
     
    Further information
     
    Table 1 presents the analysis of external merchandise trade statistics for April 2025. Table 2 presents the original monthly trade statistics from January 2022 to April 2025, and Table 3 gives the seasonally adjusted series for the same period.
     
    The values of total exports of goods to 10 main destinations for April 2025 are shown in Table 4, whereas the values of imports of goods from 10 main suppliers are given in Table 5.
     
    Tables 6 and 7 show the values of total exports and imports of 10 principal commodity divisions for April 2025.
     
    All the merchandise trade statistics described here are measured at current prices and no account has been taken of changes in prices between the periods of comparison. A separate analysis of the volume and price movements of external merchandise trade for April 2025 will be released in mid-June 2025.
     
    The April 2025 issue of “Hong Kong External Merchandise Trade” contains detailed analysis on the performance of Hong Kong’s external merchandise trade in April 2025 and will be available in early June 2025. Users can browse and download the report at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1020005&scode=230 
    Enquiries on merchandise trade statistics may be directed to the Trade Analysis Section of the C&SD (Tel: 2582 4691).
    Issued at HKT 16:30

    NNNN

    MIL OSI Asia Pacific News –

  • Dedicated myself to nation, says PM Modi in Gujarat after unveiling Rs 24,000 crore development projects

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Monday inaugurated and laid the foundation stones for a series of development projects in Dahod, Gujarat, collectively valued at ₹24,000 crore.
     
    The projects include critical railway infrastructure and several initiatives under the Gujarat government’s broader development agenda.
     
    Among the key announcements, PM Modi flagged off the Vande Bharat Express connecting Veraval and Ahmedabad, as well as a new express train linking Valsad and Dahod—moves expected to significantly enhance regional rail connectivity.
     
    Reflecting on his journey in office, PM Modi recalled May 26, 2014—the day he first assumed the role of Prime Minister.
     
    “In these years, I have dedicated myself to the nation. Decades-old shackles have been broken. The country has taken decisions that were once unimaginable and unprecedented. We have progressed across every sector,” he said.
     
    Highlighting India’s push toward self-reliance, he said, “Today, 140 crore citizens are working tirelessly to make India a Viksit Bharat. The demand of the times is that everything essential to national progress be manufactured in India.”
     
    He added, “India is rapidly advancing in manufacturing—whether producing goods for domestic needs or exporting ‘Made in India’ products globally, this momentum is strong and consistent.”
     
    The Prime Minister also emphasized India’s technological advancements. “Today, India not only manufactures the necessary technology for rail and metro systems but also exports it. Our Dahod is living proof of this progress.”
     
    Referring to the newly inaugurated electric locomotive manufacturing facility in Dahod, PM Modi said, “Three years ago, I laid the foundation stone. Some mocked it, calling it an election stunt. But today, we see the first electric locomotive manufactured and ready.”
     
    Earlier, he inaugurated the Loco Manufacturing Shop–Rolling Stock Workshop and flagged off the first electric locomotive produced at the facility, marking a major milestone for Indian Railways.
     
    Built at an investment of ₹20,000 crore, the Dahod locomotive manufacturing unit is now operational, just three years after its foundation was laid in 2022. The facility is designed to produce 120 electric locomotives annually, scalable up to 150 units depending on future demand.
     
    Under a Public-Private Partnership (PPP) model, Indian Railways plans to manufacture 1,200 electric locomotives at this facility over the next decade. Each 9,000-HP locomotive, aligned with the ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives, will bear the tag ‘Manufactured in Dahod’. These high-powered engines can haul up to 4,600 tonnes of cargo and are intended for both domestic use and export.
     
    The Prime Minister will next travel to Bhuj to launch additional development projects worth over ₹53,400 crore. These include initiatives in Kandla Port, solar energy, power transmission, and road infrastructure.
     
    He will also unveil four drinking water supply schemes costing ₹181 crore, aimed at benefiting 4.62 lakh residents across 193 villages and one town in the Mahisagar and Dahod districts.
     
    PM Modi will also distribute cheques worth ₹3,300 crore to urban local bodies under the Swarnim Jayanti Mukhyamantri Shaheri Vikas Yojana.
     
    — IANS

  • MIL-OSI Russia: Official responsible for warship launch accident detained in North Korea – KCNA

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    PYONGYANG, May 26 (Xinhua) — Law enforcement agencies in the Democratic People’s Republic of Korea (DPRK) have detained a senior official who is largely responsible for the recent failed launch of a warship, the official Korean Central News Agency (KCNA) reported Monday.

    Based on the findings so far from the accident investigation team, law enforcement agencies have summoned and detained Lee Hyun-sung, deputy head of the Military Industry Department of the Workers’ Party of Korea (WPK) Central Committee, who is “largely responsible for the serious accident,” KCNA said in a statement.

    The investigation team into the incident informed the WPK Central Military Commission of its progress on Sunday, KCNA reported.

    “At the site where the accident occurred during the launch of the destroyer, work is actively underway to fully restore the balance of the warship under the technical guidance of a group of experts in accordance with its schedule,” the statement said.

    Authorities have launched a full-scale investigation after the newly built 5,000-ton destroyer lost balance, capsized and lay on its side in the water while being launched at the Chongjin shipyard on Wednesday. Authorities had previously detained three people over the incident, KCNA reported. –0–

    MIL OSI Russia News –

  • MIL-OSI New Zealand: FMA confirms fintech sandbox participants

    Source: Budget 2025 – Greenpeace braced for ‘scorched earth’ budget from Govt

    Media Release  
    MR No. 2025 – 12 

    The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko has announced the six fintech firms who will be testing their innovative products, services or business models in the FMA’s pilot regulatory sandbox.  

    The successful fintech firms are: 

    Fintech firm Details on their intentions
    ECDD Holdings Limited ECDD Holdings Limited (part of the exchange service Easy Crypto) intends to launch a yield bearing NZD-backed stablecoin and to generate revenue from interest earned on money held on trust in interest-bearing accounts.
    Emerge Group Limited Emerge is a digital banking alternative offering products like debit cards, current accounts, and in-app expense tracking. Customer funds are currently held in trust with a partner bank but Emerge aims to transition to higher yielding options such as government bonds. 
    Homeshare

    Homeshare offers investors the opportunity to own a fractional share of real estate, with each property divided into 1,000 equal shares. These shares are tokenised and can be bought and sold via an online platform.
    IndigiShare

    IndigiShare aims to improve access to capital for Māori entrepreneurs and small businesses. It seeks to offer Te Whare Manaaki (a koha loan platform), as a way to lower barriers to entry for indigenous businesses and enable community entrepreneurship.  
    Invest in Farming Co-op IIF (Invest in Farming) is an Australian-based cooperative that connects investors to farming by digitising ownership of livestock, aquaculture, horticulture, and agriculture. It allows investors to own a share of agricultural assets, where investment returns are unlocked on the sale of the stock or crop.
    Tandym Limited A group investment platform enabling people to form groups and build wealth together in a social and engaging way – while removing administrative burden.

    FMA Executive Director Strategy and Design Daniel Trinder says, “We offered this pilot sandbox to spur innovation for both startups and established licensed financial institutions. We received 24 applications to be part of the sandbox and went through a thorough review process to determine which of the firms would be chosen to be part of the pilot.” 

    The criteria used to determine the final six was: 

    • genuine innovation exists that is either unique or solves an existing issue, 
    • likely benefit to consumers,  
    • the product or service does not pose high risk of causing consumer harm, 
    • there is a demonstrated need to be in the sandbox, 
    • the firm is ready and has a product to test, and  
    • the management team have appropriate experience and skills to execute the sandbox testing plan. 

    “During the pilot they can test new products and services in a controlled environment, helping them to obtain a deeper understanding of supervisory expectations,” says Daniel. “The opportunity to adjust a product or service before full commercial launch may also help reduce costs for firms. 

    “We see clear benefits for the FMA too. By working closely with the firms during their time in the sandbox, we expect to gain greater insights into the benefits and risks of financial innovation and new technologies. Experiences gained through such a testing phase should allow us to react faster and more effectively to any potential regulatory and supervisory problems. It should also highlight gaps around investor and customer protection, allowing development of more appropriate and timely solutions.” 

    The FMA is committed to supporting financial services innovation and is grateful for the constructive work and support from FintechNZ throughout the process. 

    ENDS

    Background 

    You can read more about the launch of our regulatory sandbox pilot on our website

    FMA launches regulatory sandbox pilot

    Innovation

    Media contact 

    If you have any questions on this media release, please contact [email protected]  

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Experienced retail investor found liable for market manipulation

    Source: Budget 2025 – Greenpeace braced for ‘scorched earth’ budget from Govt

    Media Release  
    MR No. 2025 – 13

    Kok Ding Cheng, an experienced retail investor, has been ordered to pay the Crown a pecuniary penalty of $198,000, following a civil proceeding brought by the Financial Markets Authority (FMA) – Te Mana Tatai Hokohoko for market manipulation.  

    The FMA’s case centred on five small orders for of NZX-listed shares of Rua Bioscience Limited (RUA) that Mr Cheng made over a 10-day period during late 2020 via a broking account he held with ASB Securities.  The Court found in making each of those five orders, which ranged from $59 to $540, Mr Cheng breached s265 of the Financial Markets Conduct Act 2013 which prohibits trade-based market manipulation.  The Court found that Mr Cheng deliberately placed the orders for the purpose of increasing the price and/or demand for Rua shares.

    Mr Cheng did not file a statement of defence during the proceeding, and so the proceeding progressed by way of formal proof hearing.  

    FMA Head of Enforcement, Margot Gatland said, “Mr Cheng’s orders lacked a genuine commercial purpose and were instead made for the purposes of increasing the price and/or demand for RUA shares at a time when he held a material shareholding in the company.  

    “Market manipulation undermines confidence in financial markets because it means investors can’t trust prices or market activity to be genuine. We take cases of market manipulation seriously to ensure New Zealand’s markets reflect genuine supply and demand, in order to preserve their integrity and reputation.

    “We considered Mr Cheng’s conduct warranted a strong response to deter market manipulation. This case and the Judge’s ruling are important reminders that trade-based market manipulation can occur when trading through online share brokerage accounts. Investors should be careful to understand their obligations when trading online, as trading listed shares for disingenuous reasons can result in liability.” 

    The $198,000 is to be paid to the Crown after it is first applied to the FMA’s actual costs in taking the case. 

    ENDS 

    Media contact  
    If you have any questions about this media release, please contact [email protected]   

    Related links  

    FMA vs Cheng Judgment [PDF 415KB]

    FMA files market manipulation case against Kok Ding Cheng for trading of Rua shares

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Westpac to pay $3.25 million penalty for misleading customers

    Source: Budget 2025 – Greenpeace braced for ‘scorched earth’ budget from Govt

    Media Release
    MR No. 2025 – 14

    Westpac is to pay a penalty of $3.25 million for misleading customers entitled to advertised discounts as well as overcharging some of its business customers. Westpac admitted its conduct in civil proceedings brought by the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – at the High Court in Auckland in December 2024.

    Westpac’s breaches of the fair dealing provisions under the Financial Markets Conduct Act 2013 (FMCA) affected a total of 24,621 customers and resulted in $6.35m in overcharges. Westpac admitted having made misrepresentations in respect of the following historic issues:

    • Customers entitled to various benefits under Westpac’s Employee, Gold and Platinum (EGP) packages failed to receive the advertised discounts
    • Personal and business banking customers failed to receive benefits under one of Westpac’s other advertised packaged arrangements
    • Westpac failed to honour agreed pricing for business customers who held a “Business Transact Account”.

    FMA Head of Enforcement, Margot Gatland, said, “Westpac’s issues stemmed from deficiencies in its systems that meant the bank failed to deliver contractually agreed discounts to their customers. Westpac used preferential pricing to attract and retain customers, without having systems that could reliably deliver on those promises.”  

    Westpac has remediated impacted customers. “The FMA acknowledges Westpac’s full cooperation throughout the FMA’s investigation, and the work it undertook to remedy the issues,” said Ms Gatland.

    “The $3.25 million penalty against Westpac reflects the number of customers affected,” Ms Gatland said. “The relationship between financial institutions and their customers must be one of trust. Customers should rightfully expect to be treated fairly and that agreements between the two parties will be honoured.”

    In his penalty decision Justice Venning said, “I accept Westpac’s submission there is no suggestion that its conduct was deliberate or wilfully misleading, nor that there was any intention to intentionally deprive customers of benefits. While it had in place systems, the systems were insufficient.”

    ENDS

    Media contact

    If you have any questions about this media release, please contact [email protected]

    Related

    FMA v Westpac – Judgment [PDF 265KB]

    Westpac admits to misleading representations that resulted in $6.35m in overcharges
     

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Update on the Pushpay insider trading appeal

    Source: Budget 2025 – Greenpeace braced for ‘scorched earth’ budget from Govt

    Media Release  
    MR No. 2025 – 15

    The Financial Market Authority (FMA) – Te Mana Tātai Hokohoko – has welcomed the Court of Appeal’s decision on the Pushpay insider trading appeal. 

    In August 2023 the defendant was found guilty of an insider trading offence following a four-week trial in the Auckland High Court. They were sentenced to six months community detention and a fine of $100,000. In April 2024 they appealed the conviction and the High Court’s decision to refuse name suppression. The Crown also appealed the sentence, saying it was manifestly inadequate.  

    FMA Head of Enforcement Margot Gatland says, “We were pleased with the Court’s decision to uphold this conviction. Insider trading is a serious offence that undermines investor confidence in New Zealand markets. The FMA will continue to take action when we see this type of misconduct as it damages the trust and confidence in New Zealand’s financial markets and businesses.” 

    In its judgment the Court of Appeal:  

    • dismissed the appeal against conviction,  
    • dismissed the appeal against the refusal to grant name suppression, pending final decision of the conviction appeal, with the existing interim name suppression to continue for seven days post judgment, and
    • granted the Crown’s appeal against the sentence in part, increasing the fine aspect of the sentence to $200,000.  

    Name suppression continues for seven days to allow the defendant to notify family members and/or business interests in advance of name suppression lapsing.   

    ENDS

    Background

    The case, brought by the FMA, centered around the resignation and sell-down of shares of former Pushpay co-founder and Director Eliot Crowther in June 2018. The FMA considered Mr Crowther’s intention in this regard to be material information, which, if generally available, would be likely to have a material effect on the price of Pushpay’s shares at the time.  

    The FMA alleged that the defendant knew of, and used, that information to advise or encourage others to trade in the lead up to Mr Crowther’s announcement.  

    Mr Crowther’s trading was legitimate, and he was not party to the proceedings. 

    Related media releases 

    FMA alleges insider training of Pushpay shares

    Guilty verdict media release

    Media contact 

    If you have any questions about this media release, please contact [email protected]  

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: FMA issues a warning on managed investment scheme

    Source: Budget 2025 – Greenpeace braced for ‘scorched earth’ budget from Govt

    Media Release  
    MR No. 2025 – 16

    The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has issued a public warning about a managed investment scheme operated by Jesse Joseph Vaughan and former NZ company Crypto Partners Limited (CPL). 

    FMA Executive Director of Response and Enforcement Louise Unger said, “We understand that Mr Vaughan, the sole director and shareholder of formerly registered company CPL, has offered investments in a managed investment scheme (MIS) operated by CPL. He did so without holding a MIS manager licence, and without providing the required disclosure, which are both contraventions of the Financial Markets Conduct Act 2013.” 

    Mr Vaughan also told his investors in a newsletter that he had applied for a MIS manager’s licence, and that it was being reviewed by the FMA.  

    “I can confirm that neither Mr Vaughan nor CPL has ever applied to the FMA for any form of market services licence,” said Ms Unger. “One of the main purposes of the market services licensing regime is to require licensees to act with integrity, diligence and skill and in the best interests of investors using their services. We consider that CPL and Mr Vaughan’s conduct has been contrary to these obligations and investors are likely to have experienced significant detriment as a result.  

    “The FMA will continue to take actions when we see misconduct damaging the trust and confidence in New Zealand’s financial markets and businesses. We do this to both prevent and deter others from doing this and, in this case, to hold Mr Vaughan to account,” concludes Ms Unger. 

    If you are an investor in CPL, let us know  

    If you are an investor in CPL and have not received the return of your investment, or you have recently been contacted by Mr Vaughan inviting you to invest in his business, we encourage you to report the details to the FMA.  

    Media contact  

    MIL OSI New Zealand News –