Category: Asia Pacific

  • MIL-OSI Economics: Secretary-General of ASEAN attends luncheon hosted by Ministry of Foreign Affairs and Trade of New Zealand

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today attended a luncheon hosted by H.E. Bernadette Cavanagh, Deputy Secretary of the Pacific and Development Group of New Zealand Ministry of Foreign Affairs and Trade of New Zealand, and attended by Pacific Islands Heads of Mission stationed in Wellington. The engagement provided a good opportunity to exchange views on developments in both regions and potential for engagement and collaboration between ASEAN and the Pacific Island countries.

    The post Secretary-General of ASEAN attends luncheon hosted by Ministry of Foreign Affairs and Trade of New Zealand appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN visits New Zealand Parliament

    Source: ASEAN

     
    As part of his Working Visit to New Zealand, Secretary-General of ASEAN, Dr. Kao Kim Hourn, today visited the New Zealand Parliament and observed the Question Time. The visit offered an opportunity to gain a deeper understanding of New Zealand’s parliamentary and governance practices.

    Credit: New Zealand Parliament TV
    The post Secretary-General of ASEAN visits New Zealand Parliament appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN engages with Department of the Prime Minister and Cabinet of New Zealand

    Source: ASEAN

    At the sidelines of his Working Visit to New Zealand, Secretary-General of ASEAN, Dr. Kao Kim Hourn, held a meeting with H.E. Ben King, Chief Executive of the Department of the Prime Minister and Cabinet, and H.E. Taha Macpherson, Deputy Secretary of the Ministry of Foreign Affairs and Trade of New Zealand. The meeting offered a chance to exchange views on regional developments and reaffirmed the importance of ASEAN-New Zealand cooperation and relations.

    The post Secretary-General of ASEAN engages with Department of the Prime Minister and Cabinet of New Zealand appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN delivers a lecture hosted by New Zealand Institute of International Affairs

    Source: ASEAN

    In concluding his Working Visit to New Zealand, Secretary-General of ASEAN, Dr. Kao Kim Hourn, delivered a lecture on “ASEAN-New Zealand Partnership for Peace and Prosperity,” in Wellington, on 14 May 2025. The event was organized by the New Zealand Institute of International Affairs together with the Asia New Zealand Foundation. In his remarks, SG Dr. Kao urged ASEAN and New Zealand to remain resolute in championing open trade, rules-based multilateralism, and inclusive regionalism.

    The post Secretary-General of ASEAN delivers a lecture hosted by New Zealand Institute of International Affairs appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Russia: Moscow Export Center to Select Ambassadors of Capital Business Abroad

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Moscow Export Center (MEC) opened its first official selection of ambassadors capital business abroad. Specialists help city companies successfully enter foreign markets: they support businesses in friendly countries, establish business connections, open up export opportunities and become representatives of Moscow brands in the international arena.

    Ambassadors are professionals living and working abroad, who have a good understanding of local business culture, legislation and business processes. They help Moscow exporters find partners, analyze potential demand for products in the region, contact retail networks and distributors and personally accompany export contracts and negotiations on the ground.

    Within the framework of the MEC pilot project, ambassadors have been working in other countries for several years and have proven their effectiveness in practice. The Moscow Export Ambassador service has been used by 213 Moscow companies. They have concluded export contracts for a total of over 2.7 billion rubles. Experts represent Moscow in China, India, Egypt, the United Arab Emirates, Vietnam, Malaysia and Iran.

    Now the program is moving to a new level. MEC has formalized and systematized the criteria for selecting ambassadors to make the participation process more transparent and convenient. Candidates need to submit an application, in which they must confirm their experience in international business, business connections with local partners, knowledge of the language and understanding of the specifics of the regional business environment. The main candidates will be able to sign a contract with MEC. You can study all the requirements for candidates on the website Moscow Export Center.

    Active and involved experts with experience in international trade are invited to share successful mechanisms for entering foreign markets and represent the interests of Moscow companies abroad. Participants in the Moscow Export Ambassador program will be able to become part of a team that forms the image of the Russian capital as a reliable and active export player on the world stage.

    Get the latest news quickly in the official telegram channel the city of Moscow.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/153786073/

    MIL OSI Russia News

  • MIL-OSI USA: Chu, Hirono Introduce Bills to Address Mental Health in AANHPI Communities

    Source: United States House of Representatives – Representative Judy Chu (CA2-27)

    Legislation would raise awareness of the importance of mental health and help increase access to culturally-competent mental health care in AANHPI communities 

    WASHINGTON, D.C. – Today, Rep. Judy Chu (CA-28) and U.S. Senator Mazie K. Hirono (D-HI) reintroduced a package of bills focused on mental health awareness for Asian American, Native Hawaiian, and Pacific Islander (AANHPI) communities in observance of May as National Mental Health Awareness Month and AANHPI Heritage Month. The package included a resolution recognizing May 10th as National AANHPI Mental Health Day, as well as the Stop Mental Health Stigma in Our Communities Act of 2025 to increase awareness and access to mental health care throughout the AANHPI community.

    “This AANHPI Heritage Month and Mental Health Awareness Month, I’m honored to join Senator Hirono to reintroduce this legislative package to confront the unique mental health challenges faced by AANHPI communities,” said Rep. Chu. “The AANHPI community is the least likely of any racial or ethnic group to seek out mental health services. This disparity is largely driven by language barriers, taboos around shame, a lack of access to culturally competent care, and insufficient disaggregated data within research. As the only psychologist in Congress, I know how important it is to break down these barriers, challenge harmful misconceptions about seeking help, and ensure every community can access the mental health care they need. Recognizing May 10th as National AANHPI Mental Health Day brings long-overdue attention to the unique challenges our communities face and helps break the silence and stigma that too often surround mental health. But awareness must be matched with action, which is why the Stop Mental Health Stigma in Our Communities Act would invest in culturally and linguistically appropriate outreach, education, and disaggregated data collection, so we can deliver care that truly reflects and serves the full diversity of the AANHPI community.”

    “As we recognize AANHPI Heritage Month and Mental Health Awareness Month, I am proud to lead the introduction of this legislation to bring attention to the importance of mental health well-being in the AANHPI community,” said Senator Hirono. “Too many members of our communities face economic, cultural, and language barriers preventing them from accessing critical mental health care and these bills reaffirm our commitment to breaking down those barriers. Every person deserves access to culturally and linguistically appropriate mental health care, and I’m glad to partner with Representative Chu as we work to invest in mental health resources, combat the stigma surrounding mental health, and ensure that every member of our communities can access the care they need and deserve.” 

    According to data collected by the Substance Abuse and Mental Health Services Administration (SAMHSA), members of the AANHPI community have the lowest rates of mental health service utilization of any racial/ethnic group, with only 35 percent of Asian adults with a mental health problem receiving treatment in 2023. In 2023, an estimated 65 percent of the AANHPI community, who met criteria for a mental health problem, did not receive necessary treatment. And, even though suicide is the eleventh leading cause of death in the United States, it is the leading cause of death for AANHPI youth ages 10 to 24, and they are the only racial or ethnic group in this age category whose leading cause of death is suicide. In Hawaii, the suicide rate is greater than national average and the rate of suicide for Native Hawaiians is nearly double the national rate.

    The National AANHPI Mental Health Day resolution recognizes the importance of mental health to the well-being of AANHPI families and communities and acknowledges the importance of raising awareness around mental health care. It also encourages health agencies to adopt policies to improve utilization of mental health services for the AANHPI community, as well as other marginalized communities.

    Rep. Chu and Senator Hirono also reintroduced the Stop Mental Health Stigma in Our Communities Act of 2025, bicameral legislation to curb mental health stigma and help increase access to mental health care in AANHPI communities. 

    Specifically, the Stop Mental Health Stigma in Our Communities Act would instruct SAMHSA to:

    • Establish a national outreach and education mental health and substance misuse strategy for the AANHPI community by partnering with advocacy and behavioral health organizations that have an established record of serving AANHPI communities; and
    • Conduct research and collect disaggregated data on the state of behavioral health among AANHPI youth and on the shortage of AANHPIs in the behavioral health workforce.

    “The National Asian American Pacific Islander Mental Health Association welcomes the 5th introduction of the National AANHPI Mental Health Day resolution and strongly supports the Stop Mental Health Stigma in Our Communities act,” said Dr. Pata Suyemoto, Executive Director of the National Asian American Pacific Islander Mental Health Association (NAAPIMHA). “This bill is critical as it provides necessary investments to reduce stigma within Asian American Native Hawaiian Pacific Islander (AANHPI) communities. Stigma is a driving force that keeps AANHPI individuals from seeking mental health services when they need them. This bill hopefully will improve mental health outcomes through culturally and linguistically relevant services, increased culturally trained workforce, as well as increased research on AANHPI communities.” 

    “Stigma and persistent barriers have kept AANHPIs from the mental health care they deserve—leading to some of the lowest utilization rates nationwide. It’s time for change. We know that better health outcomes are attainable, but we must take legislative action to invest in a mental health care workforce and infrastructure that are culturally and linguistically appropriate,” said Juliet K. Choi, President & CEO of the Asian & Pacific Islander American Health Forum (APIAHF). “The bicameral introductions of the Stop Mental Health Stigma in Our Communities Act and the AANHPI Mental Health Day Resolution mark vital steps toward closing the unacceptable disparities in mental health care and chronic disease treatment experienced in our communities.”

    “The Stop Mental Health Stigma in Our Communities Act and the establishment of a National Asian American, Native Hawaiian, and Pacific Islander Mental Health Day are vital steps forward in addressing the unique cultural barriers that too often prevent people from seeking care,” said Hannah Wesolowski, Chief Advocacy Officer at the National Alliance on Mental Illness (NAMI). “Together, these measures affirm that mental health is a fundamental part of public health and that every community deserves equal access to services. NAMI thanks Senator Hirono and Rep. Chu for their leadership and proudly supports this important legislation.”

    The National AANHPI Mental Health Day resolution was co-led by Representatives Jill Tokuda (D-HI-02), Doris Matsui (D-CA-07), and Marilyn Strickland (D-WA-10) and was cosponsored by U.S. Senators Cory Booker (D-NJ), Maria Cantwell (D-WA), Ed Markey (D-MA), Alex Padilla (D-CA), Jacky Rosen (D-NV), Brian Schatz (D-HI), Elizabeth Warren (D-MA), and U.S. Representatives Suzan K. DelBene (D-WA-01); Grace Meng (D-NY-06); Kevin Mullin (D-CA-15); Mark Takano (D-CA-39); Shri Thanedar (D-MI-13); Bonnie Watson Coleman (D-NJ-12); Al Green (D-TX-09); Jerrold Nadler (D-NY-12); Paul Tonko (D-NY-20); Derek Tran (D-CA-45); Nanette Diaz Barragan (D-CA-44); Lateefah Simon (D-CA-12); Mark DeSaulnier (D-CA-10); Raja Krishnamoorthi (D-IL-08); Scott H. Peters (D-CA-50); Andrea Salinas (D-OR-06); Robert C. “Bobby” Scott (D-VA-03); Dave Min (D-CA-47); and Robert Menendez (D-NJ-08). 

    The Stop Mental Health Stigma in Our Communities Act was cosponsored by U.S. Senators Cory Booker (D-NJ) and Catherine Cortez Masto (D-NV), and U.S. Representatives Suzan K. DelBene (D-WA-01); Grace Meng (D-NY-06); Kevin Mullin (D-CA-15); Marilyn Strickland (D-WA-10); Mark Takano (D-CA-39); Shri Thanedar (D-MI-13); Bonnie Watson Coleman (D-NJ-12); Al Green (D-TX-09); Jerrold Nadler (D-NY-12); Paul Tonko (D-NY-20); Derek Tran (D-CA-45); and Nanette Diaz Barragan (D-CA-44). 

    Both bills are endorsed by AAPI Youth Rising; Advancing Justice (AAJC); Asian American Psychological Association (AAPA); Asian Mental Health Collective; Asian Pacific Americans in Higher Education; Asian & Pacific Islander American Health Forum (APIAHF); Asian Psychedelic Collective; Asian Youth Act; Bazelon Center for Mental Health Law; Empowering Pacific Islander Communities (EPIC); Japanese American Citizens League; LEAD Filipino; National Asian American Pacific Islander Mental Health Association (NAAPIMHA); National Asian Pacific American Families Allied for Substance Awareness and Harm Reduction; National Council of Asian Pacific Americans (NCAPA); National Partnership for New Americans; National Partnership for Women & Families; Prevention Institute; Sadhana: Coalition of Progressive Hindus; The Asian American Foundation; Thriving Asians; Thriving Twentysomethings; UCA WAVES; We Make It Matter; Wellness Ranch Equine Assisted Therapy; API Tennessee; Asian Americans and Pacific Islanders of New Jersey (AAPI NJ); Asian Counseling and Referral Service; Association for Infant Mental Health In Hawaii; Coalition for Asian American Children and Families; Hawai’i Health & Harm Reduction Center; Hawai‘i Office of Wellness and Resilience; Hep Free Hawai’i; Mental Health America of Hawaii; Monsoon Asians & Pacific Islanders in Solidarity; NAMI Hawaii (National Alliance on Mental Illness); Sakura Foundation; Yellow Chair Collective; Asian Americans for Community Involvement; Asian Mental Health Project; Centro de Ayuda y Esperanza Latina, Inc.; Filipino Mental Health Initiative of Hawaii; RAMS (Richmond Area Multi-Services, Inc.); and SPEAK, a Supportive Place for Empowering Asian Americans and Kin. 

    The full text of the resolution is available here. The full text of the legislation is available here.

    MIL OSI USA News

  • MIL-OSI China: China, Vietnam open new int’l road transport route

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

    BEIJING, May 14 — At 10:40 a.m. on Wednesday, convoys carrying electronic components, fresh vegetables, and daily necessities departed simultaneously from Nanning in south China’s Guangxi Zhuang Autonomous Region and Kunming in southwest China’s Yunnan Province, heading for Hanoi, the capital of Vietnam.

    This marks the first time that Chinese freight vehicles operating under the Greater Mekong Sub-region Cross-border Transport Facilitation Agreement (CBTA) will reach Vietnam’s inland regions directly via the newly opened route.

    The route represents a significant enhancement in facilitating international road transport between China and Vietnam, resulting in a notable improvement in transportation efficiency.

    Compared with previous routes, the new corridor saves each truck approximately one day in transport time and reduces costs up to 1,000 yuan (about 138.97 U.S. dollars).

    MIL OSI China News

  • MIL-OSI Asia-Pac: LCQ22: Reverse Mortgage Programme

    Source: Hong Kong Government special administrative region

    LCQ22: Reverse Mortgage Programme 

    Payment term(+11% year-on-year)(+26% year-on-year)(-16% year-on-year)(+22% year-on-year)     The RMP offered the Enhanced Fixed-rate Mortgage Plan for members of the “AMIGOS By HKMC” loyalty programme from mid-July 2021 to the end of 2022. The monthly payout under the offer was higher than that under the floating-rate mortgage plan at that time by up to 30 per cent, while the monthly mortgage insurance premium was increased by 0.25 per cent per annum. The Enhanced Fixed-rate Mortgage Plan received 884 applications in total.

    (2) As reverse mortgage is a loan arrangement by nature, its demand is affected by various factors, such as the personal needs of individual retired homeowners and the condition of the residential property and financial markets (including interest rate fluctuation), etc. The HKMC has been keeping under review the condition of applications for the RMP. Through years of ongoing efforts in promotion and education, the public has become more receptive to the RMP and the other two products, and has a better understanding of the benefits of the products in respect of retirement financial planning. The number of applications for the RMP has also increased steadily. The HKMC will continue with its public education and promotion to further enhance the public’s understanding of the RMP.Issued at HKT 15:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCSD welcomes public to join free programmes of Performing Arts Fun Day 2025 (with photos)

    Source: Hong Kong Government special administrative region

    LCSD welcomes public to join free programmes of Performing Arts Fun Day 2025  
         The first of the Fun Day series will take place at YLT from 2pm on May 18 (Sunday), with activities including performances and workshops of handbell, choir, Cantonese opera, dance and guzheng. Guided stage tours will also be held for participants to explore the Auditorium of YLT including the backstage, which is rarely open to public, and learn more about the advanced stage equipment and operations. Parent-child storytelling sessions, a book display, and an exhibition celebrating the 25th anniversary of YLT will also be held at the foyer, while guzheng performances will be held at the bamboo courtyard in the Theatre. This Performing Arts Fun Day 2025 event is one of the programmes celebrating the 25th anniversary of YLT.
     
         KTT will hold another Fun Day series from 2.15pm on May 25 (Sunday). Audiences will be welcomed by a variety of jazz tunes performed by members from the Hong Kong Youth Jazz Collective of the Count-In Music with guided appreciation of jazz music. A cappella group Boonfaysau and participants of the 18dART Community Arts Scheme in Kwai Tsing will perform an array of pop songs. In addition, Ming Ri Institute For Arts Education will stage an interactive theatre performance, “The Kingdom of Fairy Tales”, while the Kwai Chung & Tsing Yi District Culture & Arts Co-ordinating Association will give an exhilarating dance performance.
     
         The third Fun Day will be held at STTH from 2pm on June 8 (Sunday). Professional dancers of the Hong Kong Dance Company will demonstrate various types of Chinese classical and ethnic dance, accompanied by dance appreciation and an interactive session. Apart from a Cantonese opera experimental theatre performance and an accessories workshop by Cantonese Opera Advancement Association, the Hong Kong Theatre Works will conduct the “Not One Less” interactive theatre, suitable for families. Guided tours of the City Art Square will be held to introduce public sculptures and installations created by world-renowned artists in the outdoor spaces of STTH.
     
         Admission by ticket is required for some events with limited places. Tickets are distributed on a first-come, first-served basis. For details, please visit the websites of the YLT (www.lcsd.gov.hk/en/ylt/performingartsfunday2025.htmlIssued at HKT 15:00

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    MIL OSI Asia Pacific News

  • “If someone troubles us, we won’t spare them:” UP CM Yogi Adityanath lashes out at Pakistan

    Source: Government of India

    Source: Government of India (4)

    Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday launched ‘Bharat Shaurya Tiranga Yatra’ in Lucknow to laud Indian armed forces for their valour in Operation Sindoor.

    Addressing the public, Yogi Adityanath lashed out at Pakistan for supporting terrorists and gave them a stern message.

    “Our soldiers have given a clear message that We won’t trouble anyone but if someone troubles us, we will not spare them” CM Yogi Adityanath said.

    CM Yogi also expressed gratitude towards Prime Minister Narendra Modi for Operation Sindoor following the “barbaric” Pahalgam terror attack and said that the whole world has now acknowledged the valour of Indian soldiers.

    “We thank the Prime Minister for Operation Sindoor. The whole country and the world had condemned the barbaric act of a Pakistan-supported terrorist in Pahalgam on April 22. The nurturers of terrorism, Pakistan, remained silent in this whole incident. India launched Operation Sindoor after Pakistan did not learn from its action, and on the first day more than 100 terrorists were killed. The whole world saw the way these terrorists were punished for their dastardly acts and has acknowledged the valour of Indian soldiers,” CM Yogi said.

    Speaking about the Bharat Shaurya Tiranga Yatra, Yogi Adityanath said that it is organised by the BJP to show our respect to the tri-colour, soldiers and express gratitude to PM Modi.

    “Bharatiya Janata Party is organising Tiranga Yatra in the whole country. This Tiranga is the symbol of India’s honour prestige, and pride. This Tiranga is the symbol of India’s valour and courage. To show our respect to this Tiranga and our soldiers, express gratitude toward PM Modiji,” he said.

    The UP CM also emphasised the spirit of ‘Nation first’ to achieve the vision of Vikist Bharat.

    “Our aim should be to work with the spirit of ‘nation first’ to fulfil the vision of ‘Viksit Bharat’. When 140 crore Indians work with the spirit of ‘nation first’, no force can oppose India. Today, we are participating in this ‘Tiranga Yatra’ to remind ourselves of that resolution…The world has seen this shameful act of Pakistan, where its army officials and top leaders attended the funeral of terrorists. These things show that Pakistan is a failed nation. In the last 70-75 years, Pakistan has sown the seeds of terrorism only,” he said.

    Deputy Chief Minister Brajesh Pathak, BJP UP President Bhupendra Singh Chaudhary and other UP cabinet ministers were also present at the event.

    (With ANI inputs)

  • MIL-Evening Report: Soon, your boss will have to pay your wages and super at the same time. Here’s how everyone could benefit

    Source: The Conversation (Au and NZ) – By Helen Hodgson, Professor, Curtin Law School and Curtin Business School, Curtin University

    Dragon Images/Shutterstock

    If you have a job in Australia, you’ve probably noticed each of your payslips has a section telling you how much superannuation will be paid alongside your wages.

    But while your wages are deposited in your bank account however frequently you receive a payslip – whether that’s weekly, fortnightly or monthly – it’s a different story for your super.

    Under current superannuation laws, employers are only required to pay super into an employee’s nominated fund at least four times a year – 28 days after the end of each quarter – although many do pay more regularly.

    But that’s set to change. From July 1 2026, new “payday super” rules will require employers to pay super into the employee’s fund within seven days of wages.

    This reform was announced in the 2023–24 federal budget, allowing employers, superannuation funds and software providers three years to set up compliant systems. But it hasn’t yet been legislated.

    Now, some industry groups are calling for a further delay of up to two years. So, who are these reforms designed to benefit? And does business really need more time to get ready?

    Missing or incorrect super

    Missing or incorrect super payments present a huge problem for Australia’s retirement system.

    The Super Members Council claims one in four Australians are missing out on the correct amount of superannuation contributions.

    Missing super payments are a multi-billion dollar problem.
    Wara1982/Shutterstock

    The Australian Taxation Office (ATO) estimates A$5.2 billion of guaranteed superannuation went unpaid in 2021–22.

    This can be due to payroll errors, misclassification under an award or, in extreme cases, non-payment of superannuation as a form of wage theft. All these things can be harder to spot when super is paid less frequently.

    Rules only requiring super to be paid quarterly may have been appropriate 30 years ago, in the early days of the superannuation guarantee. Business systems were often not computerised, and wages were often paid in cash.

    Times have changed

    Payroll systems are now much more sophisticated.

    From 2018, the federal government rolled out the single-touch payroll program that requires employers to report wages in real time, including details of superannuation guarantee withheld from an employee’s wages.

    The government is already benefiting from the increased automation of data submitted through this system.

    Single-touch payroll data helps improve official labour statistics and provides up-to-date income information for employees through the MyGov portal.

    Sending real-time data to Centrelink addresses one of the major flaws underpinning the Robodebt scandal, which used an averaging system to estimate fortnightly earnings.

    Benefits for employees

    In simple terms, the coming changes are basically a change in timing. Payments will be transferred to an employee’s super fund in the same way their wages are transferred directly to their bank account.

    Once bedded down, the changes will provide benefits across the board to employees, employers and the government.

    Currently, if an employee believes the correct amount of superannuation is not being paid to their fund, they are expected to follow this up directly with the ATO.

    Unfortunately, many employees presume the withheld amount shown on the payslip has already been paid into their super account.

    Unless a member is actively monitoring their super balance, they may be unaware that the amount shown on their payslip is not being paid into their fund on a timely basis.

    Payday super changes could help employees more easily check their super is being paid.
    Chay_Tee/Shutterstock

    Benefits for business

    Employers should also benefit from these changes, many of whom already do transfer superannuation when wages are paid.

    Currently, superannuation guarantee payments are run on a separate payment cycle to payroll, coinciding with payment of tax liabilities. If payments are on the same cycle as payroll, it should make budgeting easier, and ensure the separate super payment run is not overlooked.

    This assumes, of course, that the business is not relying on unpaid superannuation contributions to manage their cash flows elsewhere in the business. If that is the case, payday super changes will help protect the employee if the employer runs into financial difficulties.

    The change will also allow the tax office to match deductions and payments in real time to detect fraud – and check that super is actually being paid. This can reduce audit costs and – in the long run – reduce reliance on the aged pension as super account balances improve.

    Why wait any longer?

    So, with all of these expected benefits, why has the financial services sector this month asked for implementation to be delayed further – by up to two years? The building blocks of the system – electronic payments to transfer funds and the government’s single-touch payroll gateway – are already in place.

    One challenge is legislative. Although announced in May 2023, the draft legislation was only released for consultation in March 2025.

    The Superannuation Guarantee (Administration) Act 1992 needs extensive amendments to rewrite references to the calculation and payment of the superannuation guarantee charge.

    The draft legislation also makes some changes to definitions that may impact on how systems must be set up for payday super. Although not intended to change entitlements, they need to be made accurate in the software.

    Still, payday super has the potential to strengthen Australia’s superannuation system, protecting employee contributions and smoothing the payment system for employers. Concerns around its implementation are largely due to the time it has taken for the draft legislation to emerge.

    Following the election, the federal government has the numbers to pass this legislation as a matter of priority.

    Helen Hodgson has received funding from the ARC, AHURI and CPA Australia. Helen is the Chair of the Social Policy Committee and a Director of the National Foundation for Australian Women (NFAW). Helen was a Member of the WA Legislative Council from 1997 to 2001, elected as an Australian Democrat. She is not a current member of any political party. She is a Registered Tax Agent and a member of the SMSF Association, CPA Australia and The Tax Institute. Helen has superannuation with Unisuper and jointly owns positively geared rental properties.

    ref. Soon, your boss will have to pay your wages and super at the same time. Here’s how everyone could benefit – https://theconversation.com/soon-your-boss-will-have-to-pay-your-wages-and-super-at-the-same-time-heres-how-everyone-could-benefit-256564

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Men are shaving off their eyelashes on TikTok. Here’s why that might be a bad idea

    Source: The Conversation (Au and NZ) – By Amanda Meyer, Senior Lecturer, Anatomy and Pathology, James Cook University

    Bhatakta Manav/Shutterstock

    Videos of men removing their eyelashes, by trimming or shaving, have been circulating on social media in recent weeks. This trend is based on the idea short eyelashes look more masculine.

    Hair can tell us a lot about our social and cultural values. As the Canadian sociologist Anthony Synnott says, it can represent embedded ideas about biological sex, such as “opposite sexes have opposite hair” and “head hair and body hair are opposite”.

    But do sex differences have any basis in biology? And what about the health risks of tampering with your lashes?

    If the idea of a buzzing razor coming near your eyes makes you nervous, there’s good reason.

    Does sex determine eyelash length?

    Most warm-blooded animals have eyelashes. Human eyelashes begin to develop in the womb at around seven weeks and by six months they are fully formed.

    Typically, we have 100 to 150 lashes on the upper eyelid that grow in two or three rows. There are half as many eyelashes on the lower lid.

    Eyelash length is usually around one-third of the eye’s width. Lower lashes are shorter (6–8 millimetres) compared to the upper lashes (8–12mm).

    The density, length, thickness and curl of eyelashes are determined by your genetics. But there is no evidence these anatomical differences are linked to sex.

    This means the idea men “naturally” have short eyelashes – and women’s are longer, darker and thicker – is based in culture, not biology.

    Regardless of your sex or gender, eyelashes serve several important functions.

    What are eyelashes for?

    Protection

    Eyelashes provide a barrier against dust, debris, bugs, bacteria and chemicals (such as hairspray and deodorants), stopping them from entering the eyes.

    Tears form a fluid film that covers the eye to keep it lubricated. Eyelashes also prevent air drying out this film.

    From an aerodynamic point of view, medium-length lashes (8mm) are ideal for stopping the eye’s surface from drying out. Very short lashes can expose the surface to air, while very long lashes can channel more air flow towards it.

    Eyelashes also shield our eyes from glare, reducing how much light enters the eye by up to 24%.

    Sensation

    Eyelashes are highly sensitive, so touching the eyelashes triggers a blink reflex that makes the eye shut. This protects it from unwanted materials.

    Blinking also activates the release of tears and distributes them across the eyes’ surface.

    Social interaction

    Eyelashes help us communicate. Blinking slowly can signal attentiveness or flirtation – and eyelashes make this more appealing.

    Wearing mascara or fake eyelashes emphasises the eyelashes and can make the eyes look larger and more expressive.

    Eyelashes form in the womb by six months of pregnancy, and are not linked to male or female sex.
    DUSITARA STOCKER/Shutterstock

    So, what if you don’t have eyelashes?

    People can lose their eyelashes for various reasons.

    For example, chemotherapy for cancer often results in hair loss – including eyelashes – as does alopecia, an autoimmune condition which causes the body to attack its own hair follicles.

    Some people also pull out their eyelashes when they are anxious or stressed.

    If you can’t stop this behaviour, and your eyelash loss is noticeable and affects day-to-day life, you may have a condition called trichotillomania.

    The compulsion to cut or shave hair (rather than pull it out) is known as trichotemnomania.

    If you’re worried, you should speak to your doctor to get support.




    Read more:
    ‘I wanted to stop … but I also wanted to pull’. 1 in 50 people have trichotillomania – a new memoir unpacks compulsive hair-pulling


    No matter how hair is lost, without eyelashes you will likely feel greater discomfort. More foreign particles can enter the eye – exposing you to greater risk of infection – and you will blink more to try to wash them away.

    More air on the eyes’ surface can also make them feel dry and irritated.

    Is removing eyelashes risky?

    Putting sharp blades near your eyes means if you are bumped, slip, or even blink, you risk injury to the eyelid or cornea (the clear, dome-shaped covering at the front of your eyeball).

    Anything that goes near your eye should be very clean. If blades aren’t sterile, bacteria can lead to blepharitis (eyelid inflammation) or conjunctivitis (“pink eye”).

    Will shaved eyelashes grow back?

    Cutting eyelashes doesn’t remove the hair follicle.
    art4stock/Shutterstock

    Yes. If eyelashes are trimmed or shaved, the hair bulb and follicle (the sac surrounding the hair) remains in the skin of the eyelid, allowing the hair to keep growing.

    Eyelashes grow at an average rate of 0.12mm per day, or 3.6mm a month. It could take up to three or four months for your eyelashes to grow back to their typical length.

    Shaving does not affect the length, thickness and darkness of your regrown eyelashes – these will grow back the same as before (unless there has been irreversible damage to the follicle itself).

    Sex, gender, and eyelashes

    Perceptions of sex and gender differences in eyelashes persist, thanks in part to social norms and media portrayals.

    For example, a 2023 study from the United States surveyed 319 people (142 men and 177 women) of diverse ethnic backgrounds about eyelash length in women. Men and women of all backgrounds said images of female faces with no or short eyelashes were the least attractive, regardless of ethnicity.

    Cartoon characters illustrate how deeply ingrained and socially constructed these gender differences are. Compare Minnie Mouse’s long, thick lashes with Mickey Mouse, who has none.

    Cartoons often depict women with exaggerated lashes and male characters with none at all.
    Loren Javier/flickr, CC BY-NC-ND

    This is not a thing of the past, as the masculine- and feminine-presenting characters of a popular current children’s cartoon Miraculous: Tales of Ladybug & Cat Noir still demonstrate.

    The top row depicts masculine-presenting characters with no lashes, and the bottom row shows feminine-presenting characters with long and plentiful eyelashes.
    Zagtoon Wiki

    In reality, all bodies and features, including eyelashes, are naturally diverse.

    Body autonomy means recognising that personal choices about appearance are valid and should be respected without judgement. But when altering your body, it’s important to also know the health risks.

    Amanda Meyer is affiliated with the Australian and New Zealand Association of Clinical Anatomists, the American Association for Anatomy, and the Global Neuroanatomy Network.

    Monika Zimanyi is affiliated with the Australian and New Zealand Association of Clinical Anatomists and the Global Neuroanatomy Network.

    ref. Men are shaving off their eyelashes on TikTok. Here’s why that might be a bad idea – https://theconversation.com/men-are-shaving-off-their-eyelashes-on-tiktok-heres-why-that-might-be-a-bad-idea-256222

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Asia-Pac: Online job fair attracts global talent

    Source: Hong Kong Information Services

    Hong Kong Talent Engage (HKTE) held a two-day Global Online Career Fair last week, featuring nearly 50 renowned Hong Kong enterprises that offered over 700 quality job vacancies across sectors such as accounting, finance, consultancy services, legal compliance and engineering.

     

    The online career fair recorded over 26,000 visits in two days, with about 3,000 curricula vitae received.

     

    To facilitate a connection between talent and enterprises, a one-to-one online meeting session was set up specifically at the career fair, resulting in about 4,800 direct dialogues between talent and enterprises. Participating enterprises expressed that about half of such dialogues would be taken forward.

     

    According to participating accounting firms, they learnt through the online career fair that many international professionals were interested in coming to Hong Kong.

     

    The event effectively linked global talent with enterprises in Hong Kong, thereby enabling direct engagement, enhancing the talent’s understanding of the structure and recruitment process of Hong Kong enterprises, and enhancing the experience of such talent.

     

    Participating talent came from over 12 countries or regions, such as the Mainland, Singapore, India, the UK, Australia, the US, Malaysia, France and Canada, with 62% of them holding master’s degrees.

     

    The HKTE said that the online career fair enables talent on the Mainland and overseas to exchange views directly with enterprises prior to relocation to Hong Kong, gain insights into the city’s job market, and reinforce their confidence in pursuing development in Hong Kong.

    MIL OSI Asia Pacific News

  • Jose Mujica, Uruguay’s former leader, rebel icon, and cannabis reformer, dead at 89

    Source: Government of India

    Source: Government of India (4)

    Jose Mujica, a one-time guerrilla and later president of Uruguay who drove a beat-up VW Beetle and enacted progressive reforms that carried his reputation well beyond South America, has died aged 89.

    The straight-talking Mujica, known to many Uruguayans by his nickname “Pepe,” led the small farming country’s leftist government from 2010 to 2015 after convincing voters his radical past was a closed chapter.

    “It is with deep sorrow that we announce the death of our comrade Pepe Mujica,” President Yamandu Orsi said in a post on X. “Thank you for everything you gave us and for your deep love for your people.”

    As president, Mujica adopted what was then a pioneering liberal stance on issues related to civil liberties. He signed a law allowing gay marriage and abortions in early pregnancy, and backed a proposal to legalize marijuana sales. The gay marriage and abortion measures were a big shift for Catholic Latin America, and the move on marijuana was at the time almost unprecedented worldwide.

    Regional leaders, including leftist presidents in Brazil, Chile, and Mexico, mourned Mujica’s passing and praised his example.

    “He defended democracy like few others. And he never stopped advocating for social justice and the end of all inequalities,” said Brazilian President Luiz Inacio Lula da Silva. Mujica’s “greatness transcended the borders of Uruguay and his presidential term,” he added.

    During his term in office, Mujica refused to move to the presidential residence, choosing to stay in his modest home where he kept a small flower farm in a suburb of Montevideo, the capital.

    Shunning a formal suit and tie, it was common to see him driving around in his Beetle or eating at downtown restaurants where office workers had lunch.

    In a May 2024 interview with Reuters in the tin-roofed house that Mujica shared with his wife, former Senator Lucia Topolansky, he said he had kept the old Beetle and that it was still in “phenomenal” condition.

    But, he added, he preferred a turn on the tractor, saying it was “more entertaining” than a car and was a place where “you have time to think.”

    Critics questioned Mujica’s tendency to break with protocol, while his blunt and occasionally uncouth statements sometimes forced him to explain himself, under pressure from opponents and political allies alike.

    But it was his down-to-earth style and progressive musings that endeared him to many Uruguayans.

    “The problem is that the world is run by old people, who forget what they were like when they were young,” Mujica said during the 2024 interview.

    Mujica himself was 74 when he became president. He was elected with 52% of the vote, despite some voters’ concerns about his age and his past as one of the leaders of the Tupamaros rebel group in the 1960s and 1970s.

    Lucia Topolansky was Mujica’s long-term partner, dating back to their days in the Tupamaros. The couple married in 2005, and she served as vice president from 2017-2020.

    After leaving office, they remained politically active, regularly attending inaugurations of Latin American presidents and giving crucial backing to candidates in Uruguay, including Orsi, who took office in March 2025. They stopped growing flowers on their small holding but continued to cultivate vegetables, including tomatoes that Topolansky pickled each season.

    BEHIND BARS

    Jose Mujica’s birth certificate recorded him as born in 1935, although he claimed there was an error and that he was actually born a year earlier. He once described his upbringing as “dignified poverty.”

    Mujica’s father died when he was 9 or 10 years old, and as a boy he helped his mother maintain the farm where they grew flowers and kept chickens and a few cows.

    At the time Mujica became interested in politics, Uruguay’s left was weak and fractured, and he began his political career in a progressive wing of the center-right National Party.

    In the late 1960s, he joined the Marxist Tupamaros guerrilla movement, which sought to weaken Uruguay’s conservative government through robberies, political kidnappings, and bombings.

    Mujica later said that he had never killed anyone but was involved in several violent clashes with police and soldiers and was once shot six times.

    Uruguay’s security forces gained the upper hand over the Tupamaros by the time the military swept to power in a 1973 coup, marking the start of a 12-year dictatorship in which about 200 people were kidnapped and killed. Thousands more were jailed and tortured.

    Mujica spent almost 15 years behind bars, many in solitary confinement, lying at the bottom of an old horse trough with only ants for company. He managed to escape twice, once by tunneling into a nearby house. His biggest “vice” as he approached 90, he later said, was talking to himself, alluding to his time in isolation.

    When democracy was restored to the farming country of roughly 3 million people in 1985, Mujica was released and returned to politics, gradually becoming a prominent figure on the left.

    He served as agriculture minister in the center-left coalition of his predecessor, President Tabaré Vázquez, who would go on to succeed him from 2015 to 2020.

    Mujica’s support base was on the left, but he maintained a fluid dialogue with opponents within the center-right, inviting them to traditional barbecues at his home.

    “We can’t pretend to agree on everything. We have to agree with what there is, not with what we like,” he said.

    He believed drugs should be decriminalized “under strict state control” and addiction addressed.

    “I do not defend drug use. But I can’t defend (a ban) because now we have two problems: drug addiction, which is a disease, and narcotrafficking, which is worse,” he said.

    In retirement, he remained resolutely optimistic.

    “I want to convey to all the young people that life is beautiful, but it wears out and you fall,” he said following a cancer diagnosis.

    “The point is to start over every time you fall, and if there is anger, transform it into hope.”

    –Reuters

  • “Global community recognises Pakistan as epicentre of terrorism”: MEA

    Source: Government of India

    Source: Government of India (4)

    The international community has expressed clear solidarity with India and acknowledged that the tourists targeted in the Pahalgam attack were victims of terrorism, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said on Tuesday. He stressed that the epicentre of terrorism lies across the border in Pakistan.

    During a press briefing, Jaiswal said that numerous foreign leaders have expressed support for India’s right to defend itself and protect its citizens. “There is widespread understanding in the world that Indian tourists were the victims of terrorism at Pahalgam and that the epicentre of terrorism is across the border in Pakistan. A number of foreign leaders, in their conversations with Indian counterparts, recognised India’s right to defend itself and protect its people,” he stated.

    Jaiswal also referred to the United Nations Security Council’s press statement dated April 25, which emphasised the need to hold accountable those responsible for acts of terrorism. “I draw your attention to the UN Security Council press statement of 25th April, which states that ‘there is a need to uphold perpetrators, organisers, financiers and sponsors of this reprehensible act of terrorism accountable and bring them to justice.’ They further stressed that those responsible for these killings should be held accountable,” he added.

    Addressing the status of the Indus Water Treaty (IWT), Jaiswal announced that the treaty has been put in abeyance following a decision by the Cabinet Committee on Security (CCS). He explained that while the treaty was originally founded on principles of goodwill and friendship, Pakistan had violated those principles through decades of promoting cross-border terrorism.

    “After the CCS decision, the Indus Water Treaty has been put in abeyance. The IWT was concluded in the spirit of goodwill and friendship as specified in the preamble of the treaty. However, Pakistan has held these principles in abeyance by its promotion of cross-border terrorism for several decades now. As per the CCS decision, India will keep the treaty in abeyance until Pakistan credibly and irrevocably abjures its support for cross-border terrorism,” Jaiswal said. He also noted that evolving factors such as climate change, demographic shifts, and technological developments have altered the regional landscape.

    Responding to statements from Pakistan’s Foreign Minister Ishaq Dar, Jaiswal dismissed Islamabad’s justification for retaliatory strikes following India’s cross-border attacks on May 7. “We have seen the statement made by the Pakistani side. That a nation which has nurtured terrorism on an industrial scale should think that it can escape the consequences is fooling itself. The terrorist infrastructure sites that India destroyed were responsible not only for the deaths of Indians but also of many other innocents around the world. There is now a new normal. The sooner Pakistan gets used to it, the better,” he said.

    Pakistan’s Foreign Minister had earlier referred to India’s strikes as a “war” and a “wishful attempt to establish its hegemony,” claiming that Islamabad had no choice but to respond in “self-defence.” Dar also asserted confidence in Pakistan’s conventional military capabilities, stating they were sufficient to defeat India both in the air and on the ground.

    (With ANI inputs)

  • MIL-OSI Russia: Vietnam to hold military parade to mark 80th anniversary of independence

    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

    HANOI, May 14 (Xinhua) — The Vietnamese government has instructed ministries and relevant agencies to prepare for a major military parade to celebrate the 80th anniversary of independence on Sept. 2, the Vietnam News Agency (VNA) reported on Tuesday.

    The Vietnam People’s Army has released a plan for the event, which will involve both military and militia personnel. The units have screened and selected qualified officers and soldiers.

    Centralized training schedules have been introduced, including plans for joint rehearsals of regional groups, the army said. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: 14th batch of Chinese humanitarian aid delivered to earthquake-hit Myanmar

    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

    YANGON, May 14 (Xinhua) — The 14th batch of emergency humanitarian aid sent by the Chinese government was handed over to Myanmar on Wednesday.

    The delivered goods, including 1,804 prefabricated houses and 95 sets of mobile operating rooms, were handed over to Yangon Region Chief Minister U Soe Thein.

    An earthquake measuring 7.9 in magnitude struck Myanmar on March 28. According to official data, as of May 13, the natural disaster had claimed the lives of about 3,800 people, injured more than 5,100, and left 85 people missing. –0–

    MIL OSI Russia News

  • India slams China’s ‘preposterous’ attempt to rename places in Arunachal Pradesh

    Source: Government of India

    Source: Government of India (4)

    India on Tuesday condemned China for its repeated and “preposterous” attempts to rename locations in Arunachal Pradesh, reaffirming that the north-eastern state is an integral and inalienable part of the country.

    Responding to media queries over the matter, the Ministry of External Affairs (MEA) issued a strong statement rejecting China’s actions.

    “We have noticed that China has persisted with its vain and preposterous attempts to name places in the Indian state of Arunachal Pradesh. Consistent with our principled position, we reject such attempts categorically. Creative naming will not alter the undeniable reality that Arunachal Pradesh was, is, and will always remain an integral and inalienable part of India,” the MEA stated.

    India had similarly dismissed earlier renaming attempts by China, with the MEA reiterating its stance: “We firmly reject such attempts. Assigning invented names will not alter the reality that Arunachal Pradesh is, has been, and will always be an integral and inalienable part of India.”

  • MIL-OSI Asia-Pac: LCQ19: Support for commodities trading

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Frankie Yick and a written reply by the Acting Secretary for Financial Services and the Treasury, Mr Joseph Chan, in the Legislative Council today (May 14):
     
    Question:
     
         In January of this year, the London Metal Exchange (LME), a subsidiary of the Hong Kong Exchanges and Clearing Limited, announced that it would include Hong Kong as an approved delivery point within its global warehousing network and accept applications from warehouse operators for approval. Last month, LME announced that it had approved applications to establish four LME-licensed warehouse facilities in Hong Kong. Furthermore, it has been reported that other warehouse operators are applying to become approved warehouses for the storage of LME-registered brands of metals. In this connection, will the Government inform this Council:
     
    (1) whether it knows the following information about the four warehouses that have been approved by LME and those that are applying to become approved warehouses: (i) locations, (ii) storage capacities, and (iii) the timing of formal commencement of service; whether the authorities have estimated the number of warehouses and storage capacity needed to develop Hong Kong as a metal delivery point, and what the respective differences are as compared to the current supply and capacity of warehouses;
     
    (2) as it has been reported that, to encourage more warehouse operators to apply to become approved warehouses of LME, the Government has stated that it will provide assistance on technical matters as appropriate, whether it knows the requirements for becoming an approved warehouse of LME; what assistance the Government has provided to address technical issues faced by warehouse operators; and
     
    (3) regarding the creation of a commodity trading ecosystem, apart from developing approved warehouses, what further measures the Government has put in place to facilitate the robust development of local commodities trading-related services, so as to consolidate Hong Kong’s position as an international financial, shipping and trade centre?
     
    Reply:
     
    President,
     
         Our country is the world’s largest consumer of industrial metals. Developing relevant commodity trading will drive the development of a financial, shipping and trade centre in Hong Kong. The Chief Executive’s 2024 Policy Address proposes the creation of a commodity trading ecosystem which can be a starting point for attracting relevant enterprises to establish a presence in Hong Kong, turning our city into an operation centre for international commodity trading, storage and delivery, shipping and logistics, risk management, and more.
     
         In consultation with the Hong Kong Exchanges and Clearing Limited (HKEX), the reply to the three parts of the question is as follows:
     
    (1) and (2) The London Metal Exchange (LME), a wholly-owned subsidiary of the HKEX, included Hong Kong as an approved delivery point within its global warehousing network in January this year, and began accepting applications from warehouse operators to become approved warehouses. The LME announced the approval of the first four approved warehouses to be established in Hong Kong in April this year. The total storage area and types of metal that can be stored in each warehouse are set out in the table below.
     

    Warehouse location Total storage area (square metre) Types of metal that can be stored
    Cheung Sha Wan 500 aluminium alloy, primary aluminium, copper, nickel, lead, tin and zinc
    500
    Tsing Yi 4 100 aluminium alloy, lead, tin and zinc
    Yuen Long 4 062 aluminium alloy, primary aluminium, copper, nickel, lead, tin and zinc

     
         The LME-approved warehouses are required to comply with relevant technical requirements, such as loading standards for metals. The four warehouse facilities have passed LME’s initial inspection and are compliant with relevant standards in terms of transportation and logistics. Preparations including system connections are underway, and the facilities are expected to commence operations gradually as soon as July this year.
     
         Before making the decision to include Hong Kong as an approved delivery point, the LME had assessed the feasibility of establishing warehouse facilities in Hong Kong, including the sustainability of business operations, cost, technical requirements, etc. In selecting suitable sites for the warehouses, the operators had to hold in-depth discussions with the relevant warehousing industry players and landowners, which mainly involved the circumstances of individual facilities (such as loading capacity and infrastructure requirements) and other business considerations. In the course of discussion, technical issues involving planning permissions, lease conditions, etc. were identified. The Financial Services and the Treasury Bureau (FSTB) in collaboration with relevant bureaux and departments has been maintaining communication with relevant industry players, and held meetings to provide relevant information and guidance.
     
         The LME has indicated that there are other operators applying to become approved warehouses, and it is expected that more warehouses will be approved subsequently. Based on the implementation of the relevant market mechanism, the development of metal delivery destinations and warehouses will be determined by market supply and demand. There is no specific quantitative target.
     
    (3) In terms of base metals, besides facilitating the LME to establish approved warehouses in Hong Kong, to attract more trading and delivery, the HKEX will host LME Asia Week in May this year, inviting international and Mainland metal manufacturers, traders, buyers and sellers to participate in in-depth discussions and exchanges on industry topics, including the introduction of the latest LME approved delivery points, including Hong Kong.
     
         In terms of financial trading of other types of commodity, the Chief Executive’s 2024 Policy Address proposes to use gold as an entry point to develop the relevant commodity ecosystem. Specifically, it is the Government’s goal to promote the development of world-class gold storage facilities, thereby attracting more investors and users from different economies, including the Middle East and Southeast Asia, to store gold in Hong Kong. On the basis of increased storage, we expect increased demand for associated support services in insurance, testing and certification, logistics, etc, while in parallel expanding related transactions including collateral, loan and hedging, hence creating a comprehensive ecosystem in a progressive manner. This will drive all-round multi-currency trading, clearing and delivery, as well as the development of the regulatory system, covering transactions using offshore Renminbi (RMB), thereby establishing a holistic gold trading centre with an industry chain. The FSTB established the Working Group on Promoting Gold Market Development (Working Group) in December 2024, comprising leaders of the financial industry, representatives of regulatory bodies and market participants, to comprehensively review all aspects relating to financial transactions of gold. The Working Group will formulate a plan this year to enhance storage facilities, optimise trading and regulatory mechanisms, expand exchange products, and conduct market promotion.
     
         At the same time, the Qianhai Mercantile Exchange, a subsidiary of the HKEX, operates our country’s only offshore spot trading platform for soybeans, thereby laying the foundation for the expansion of RMB-denominated commodity products, channeling off-shore RMB liquidity to the commodities market, promoting RMB internationalisation, attracting relevant traders to expand their business in Hong Kong, and establishing an ecosystem for the commodity.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: InvestHK helps 223 firms in 4 months

    Source: Hong Kong Information Services

    From January to April this year, Invest Hong Kong assisted 223 Mainland and overseas enterprises, representing an increase of 13% relative to the same period last year.

    Acting Secretary for Commerce & Economic Development Bernard Chan told legislators today that these enterprises are expected to bring in direct investment of over $22.3 billion and create more than 4,900 jobs within their first year of operations or expansion.

    More than a quarter of the enterprises indicated they plan to set up international or regional headquarters in Hong Kong, he added.

    The top five places of origin of the 223 enterprises are the Mainland, the US, Japan, the UK and Singapore. Meanwhile, the top five sectors are financial services and fintech, family offices, innovation and technology (I&T), tourism and hospitality, and consumer products.

    Separately, the Office for Attracting Strategic Enterprises (OASES), established directly under the Financial Secretary by the current-term Government, has so far attracted 84 strategic enterprises to Hong Kong, many of which plan to establish their international or regional headquarters in the city. OASES was set up in 2022 to attract high-potential and strategic I&T enterprises from around the globe.

    Besides attracting enterprises and investment, the current-term Government is also committed to attracting talent from the Mainland and overseas. From January to April this year, over 45,000 new applications under various talent admission schemes were received, with more than 35,000 being approved.

    Mr Chan stressed that the Hong Kong Special Administrative Region Government will continue to make every effort to attract more enterprises and talent from the Mainland and overseas.

    MIL OSI Asia Pacific News

  • Indian junior women’s hockey team to compete in Four Nations Tournament in Argentina

    Source: Government of India

    Source: Government of India (4)

    The Indian Junior Women’s Hockey Team is set to participate in a four-nation tournament in Rosario, Argentina, scheduled from May 25 to June 2. The team will play six friendly matches against Argentina, Uruguay, and Chile, according to a release by Hockey India.

    India will kick off the tournament with back-to-back matches against Chile and Uruguay on May 25 and 26, respectively. After a rest day, they will face hosts Argentina on May 28. The return leg will follow the same sequence, with India taking on Chile on May 30, Uruguay on June 1, and Argentina on June 2.

    This tour serves as a key preparatory step for the FIH Hockey Junior Women’s World Cup, slated to be held in Santiago, Chile, in December.

    Speaking about the significance of the tournament, Head Coach Tushar Khandker said, “We are preparing for the Junior World Cup later this year, and this Four Nations tour is crucial for identifying the best talent in the squad. Our goal is to gain valuable international experience and evaluate our progress based on past performances.”

    When asked about the opponents, Khandker added, “Every international match—whether it’s a tour, bilateral series, test match, or tournament—is an opportunity to represent India. Our focus will be on executing our strategies effectively and providing the girls with ample match experience to build their confidence ahead of the World Cup.”

    The Indian team is scheduled to depart for Rosario on May 21 to acclimatize and prepare for the tournament.

    (With ANI inputs)

  • MIL-OSI Asia-Pac: Support Taiwan’s participation in the WHO

    Source: Republic of China Taiwan

    Support Taiwan’s participation in the WHO and welcome the Fu Jen Catholic University delegation
    Organizers Jennifer Lee and Kathy Sieh, representing the Taiwanese community, urged that the WHO should not be influenced by political pressure and ignore the human rights of Taiwan’s 23 million people. They emphasized that viruses know no borders, and the WHO should promptly include Taiwan.
    Director General David Cheng-Wei Wu stressed that Taiwan has been prevented from participating in WHO due to China’s continued distortion of UNGA Resolution 2758 and WHA Resolution 25.1. Neither of them mentions Taiwan is part of the PRC. These resolutions have no power to confer upon the PRC any right to represent Taiwan in WHO. So we must urge WHO and all relevant parties to recognize Taiwan’s contributions to global public health. Taiwan should be included in the WHA and all WHO meetings.
    The Hon. Jacqui Munro MLC praised Taiwan’s achievement on economic development and medical capabilities and mentioned that Australian Parliament and NSW Parliament passed motions to refute China’s misinterpretation of UNGA 2758. Taiwan should be included in the WHO and work together to make the world stronger and better.
    Councilor Michelle Chuang of Willoughby City Council also reaffirm the vital truth: global health knows no border and the health security of people in Taiwan— and the wider world—should never be a matter of diplomatic bargaining.
    There was the keynote speech of Ms LIN,Yu-wen, Associate Dean, College of Medicine of FJCU. She shared her thoughts of why Taiwan should play a crucial role in the WHO. It was followed by President of FJCU Prof. Francis Yi-chen LAN’s presentation about school’s GRACE strategy and vision.
    It is much appreciated to see nearly 100 guests turn up to speak up and support Taiwan’s bid to participate in the WHO.

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: Magnitude 6.4 earthquake hits Tonga region – USGS

    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

    HONG KONG, May 14 (Xinhua) — An earthquake with a magnitude of 6.4 jolted 137 km west of Neiafu, Tonga at 04:15 GMT on Wednesday, the U.S. Geological Survey said.

    According to preliminary data, the epicenter was located at a point with coordinates of 18.72 degrees south latitude and 175.28 degrees west longitude. The hypocenter was located at a depth of 243.1 km. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Vietnam sets deadline for Lao Cai-Hanoi-Hai Phong railway project

    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

    HANOI, May 14 (Xinhua) — The Vietnamese government has called on relevant districts and departments to complete the feasibility study for the Lao Cai-Hanoi-Hai Phong railway project by August 2025 so that construction can begin by December, the Vietnam News Agency (VNA) reported on Tuesday.

    A government decree published on the same day sets out the main deadlines for the project, including completion of technical design by the end of May 2025.

    The new railway, which will pass through nine Vietnamese provinces and cities, is expected to play a major role in strengthening inter-regional transport links and promoting economic development in the northern part of the country. –0–

    MIL OSI Russia News

  • MIL-OSI Australia: Job ads up 4.5% nationally in April 2025

    Source: Jobs and Skills Australia

    Job ads up 4.5% nationally in April 2025

    Ebony


    News and updates

    Australia’s job market saw a 4.5% increase in online job advertisements last month (seasonally adjusted). Job ads increased across all Major Occupation groups, with Professionals seeing the strongest increase. Increases were also recorded across all skill levels, and states and territories.

    MIL OSI News

  • MIL-OSI Banking: Result of the Daily Variable Rate Repo (VRR) auction held on May 14, 2025

    Source: Reserve Bank of India

    Tenor 1-day
    Notified Amount (in ₹ crore) 25,000
    Total amount of bids received (in ₹ crore) 5,341
    Amount allotted (in ₹ crore) 5,341
    Cut off Rate (%) 6.01
    Weighted Average Rate (%) 6.01
    Partial Allotment Percentage of bids received at cut off rate (%) NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/319

    MIL OSI Global Banks

  • MIL-OSI Economics: Result of the Daily Variable Rate Repo (VRR) auction held on May 14, 2025

    Source: Reserve Bank of India

    Tenor 1-day
    Notified Amount (in ₹ crore) 25,000
    Total amount of bids received (in ₹ crore) 5,341
    Amount allotted (in ₹ crore) 5,341
    Cut off Rate (%) 6.01
    Weighted Average Rate (%) 6.01
    Partial Allotment Percentage of bids received at cut off rate (%) NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/319

    MIL OSI Economics

  • Justice B.R. Gavai to take oath on Wednesday as 52nd Chief Justice of India

    Source: Government of India

    Source: Government of India (4)

    Justice Bhushan Ramkrishna Gavai is set to be sworn in on Wednesday as the 52nd Chief Justice of India (CJI), succeeding Justice Sanjiv Khanna, who retired on Tuesday after a six-month tenure.

    The swearing-in ceremony will take place at Rashtrapati Bhavan, where President Droupadi Murmu will administer the oath of office to Justice Gavai.

    With his elevation, Justice Gavai will become only the second Chief Justice of India from the Dalit community, following Justice K.G. Balakrishnan, who served as CJI from 2007 to 2010. His term is scheduled to run until November 23, 2025.

    Born on November 24, 1960, Justice Gavai entered the legal profession in 1985 and began independent practice at the Bombay High Court in 1987, later moving to its Nagpur Bench. He was appointed a judge of the Bombay High Court in November 2003 and elevated to the Supreme Court in May 2019.

    Justice Gavai comes from a distinguished public service background. His father, Ramakrishna Suryabhan Gavai, was a respected Ambedkarite leader, founder of the Republican Party of India (RPI), and served as a Member of Parliament from Amravati. He also held gubernatorial posts in Bihar, Sikkim, and Kerala between 2006 and 2011 under the Congress-led UPA government.

    Justice Gavai’s appointment to the top judicial post is being widely seen as a significant step forward for social inclusion and representation in India’s higher judiciary.

    (With IANS inputs)

  • MIL-OSI USA: Sánchez, Davis, DelBene champion bill to reduce child care costs for working families

    Source: United States House of Representatives – Congresswoman Linda Sanchez (38th District of CA)

    In contrast to GOP effort to slash child care funding, this bill increases maximum child care credit by nearly 400 percent

    WASHINGTON – Representatives Linda Sánchez (D-Calif.), Danny K. Davis (D-Ill.) and Suzan DelBene (D-Wash.) introduced the Child and Dependent Care Tax Credit Enhancement Act to permanently expand the child care tax credit. The bill would raise the maximum credit from $1,050 to $4,000 for one child and from $2,100 to $8,000 for two or more children. 

    Senators Tina Smith (D-Minn.), Ron Wyden (D-Ore.) and Patty Murray (D-Wash.) introduced companion legislation in the Senate.

    “Working parents shouldn’t have to choose between earning a paycheck and caring for their kids,” said Sánchez. “Expanding the child care tax credit will make child care more affordable and accessible, so parents can focus on their work knowing their kids are being cared for.”

    “High-quality, affordable child care is essential to the economic well-being of families, businesses, and our country,” said Rep. Davis. “I am proud to lead the Child and Dependent Care Tax Credit Enhancement Act that would restore the 2021 credit so that families can receive up to $4,000 for child care for one child or up to $8,000 for two or more children, much better than the almost $600 that the typical family receives currently. This bill would strengthen the financial well-being of families and grow our economy. It is critical that Congress acts now to help working families.”

    “Access to affordable child care is one of the biggest barriers families face. Enhancing the Child and Dependent Care Tax Credit will give parents the relief they need by supporting both families and care providers,” said DelBene. “This bill is a commonsense step toward making child care more accessible and affordable for every family.” 

    The Child and Dependent Care Tax Credit (CDCTC) is the only tax credit that helps working parents offset the rising cost of child care. In 2021, Democrats successfully enhanced both the CDCTC and the Child Tax Credit because both credits are essential to support parents’ ability to provide for their families. While 100 percent of the CDCTC reimburses parents for actual child care costs paid to work, parents mostly use the Child Tax Credit to defray other significant costs of caring for a child, such as food, rent, and clothing. 

    As currently structured, the CDCTC unfortunately fails to meet the needs of tens of millions of working families. Very few families receive meaningful benefit from the credit due to the extremely low phase-out level of $15,000, the low expense limits, the non-refundable nature, and the loss of benefit due to inflation. For example, the Tax Policy Center estimates that only 13 percent of families with children claimed the CDCTC in 2022. The Child Care and Dependent Credit Enhancement Act will increase the maximum credit amount to $4,000 per child up to $8,000 for two or more children, expand eligibility to low-income families, make the credit available to married couples who file separately due to high student loan debt, and retain the credit’s value over time by indexing it to inflation. Compared to 2019, low-income working parents quadrupled their credit received in 2021. 

    High-quality, affordable child care is essential to the economic well-being of families, businesses, and our country. Yet, child care places a major financial burden on American families. The price of child care can range from $5,357 to $17,171 per year depending on location and type of care. Astoundingly, the cost of center-based care for two children is more than the average mortgage in 41 states and more than the average annual rent in all 50 states plus DC. Households under the poverty line spend nearly one third of their income on child care, and increases in median child care prices are connected to lower maternal employment rates. Further, the child care crisis hits families of color disproportionately hard. For a single parent who has never been married who is Black, Hawaiian/Pacific Islander, or American Indian/Alaska Native, child care can cost 36 percent, 41 percent, or 49 percent of the median income, respectively, compared to only 31 percent for single white parents. Further, Latino and American Indian and Alaska Native parents disproportionately live in child care deserts.

    Statements from Supporting Organizations

    The bill is endorsed by state and national child and worker advocates, including: Center for Law and Social Policy, Child Care Aware of America, Early Care and Education Consortium, First Five Years Fund, First Focus Campaign for Children, MomsRising, National Association for the Education of Young Children, National Women’s Law Center Action Fund, Save the Children, Start Early, Society for Human Resource Management, and ZERO TO THREE.

    “Often conflated with the child tax credit, the Child and Dependent Care Tax Credit is one of the only tax incentives that helps working families with their child care expenses. As the cost of care increases, many families must contend with whether their current job pays enough to justify their child care expenses,” said Radha Mohan, executive director, Early Care and Education Consortium. “For families where one parent must leave the workforce because they cannot afford the cost of care, this often hurts the family from an economic standpoint in the long run. The CDCTC Enhancement Act helps ensure that families do not have to make this choice by providing a credit to offset the cost of care. When paired with programs such as the Child Care and Development Block Grant, this bill will ensure that many families will have reduced their child care costs by over 50 percent.”

    “As almost any working family with young children will tell you, the cost of child care is a major source of financial stress, putting immense pressure on already tight budgets,” said Sarah Rittling,executive director, First Five Years Fund. “The Child and Dependent Care Tax Credit Enhancement Act would make essential updates to the CDCTC to ensure more parents are able to keep more of what they earn to offset the high cost of care. We are grateful to Reps. Danny Davis, Suzan DelBene, and Linda Sanchez for their leadership and commitment to supporting families with young children.” 

    “For families with young children, the cost of childcare is often unaffordable and impacts their economic opportunity – the cornerstone of child and family well-being. The Child and Dependent Care Tax Credit Enhancement Act of 2025 is an important effort to update the CDCTC to ensure that more families can offset their child care costs. We are grateful to Rep. Danny Davis and his longstanding efforts to support children and families in his district and across the country, and also extend that appreciation to Reps. Suzan DelBene and Linda Sanchez., said Diana Rauner, president, Start Early.

    “Affordable child care isn’t a luxury – it’s the backbone of our economy,” said Yelena Tsilker, senior government relations and advocacy director, ZERO TO THREE. “Parents of infants now face child care bills that top $16,000 a year – higher than in-state college tuition in many states. The Child and Dependent Care Tax Credit Enhancement Act tackles that crisis head-on by making the CDCTC fully refundable and increasing the maximum credit, so families of every income can choose the high-quality care their babies need. This relief will keep parents in the workforce and help millions of children thrive. We applaud Representatives Davis, DelBene, and Sánchez for championing legislation that hard-working families have long awaited.” 

    The text of the bill is available HERE; a summary of the bill is available HERE

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    MIL OSI USA News

  • MIL-Evening Report: What is the ‘glass cliff’ phenomenon – and why do women often find themselves on the precipice?

    Source: The Conversation (Au and NZ) – By Kerrie-Anne Hammermeister, PhD Candidate in the School of Humanities and Communication, University of Southern Queensland

    GoodStudio/Shutterstock

    Speaking to the media after being named leader of the Liberal Party, Sussan Ley was asked if this appointment was an example of the “glass cliff effect”.

    Ley said “I don’t accept that”. She went on:

    I do say it sends a signal to the women of Australia that the Liberal Party has elected its first woman leader but my agenda is much more than that.

    Most of us are familiar with the concept of the “glass ceiling”, a metaphor used to describe the invisible barriers which prevent women from succeeding in senior leadership – and Ley could be seen as breaking the glass ceiling of the Liberal party.

    But the “glass cliff” applies to women who are elevated to positions of leadership in a time of crisis, meaning they are perceived as having a high probability of failure and will take the fall for their organisation.

    The glass cliff evokes imagery of a woman being at the top of a mountain cliff. Being on the cliff is a dangerous position: there is a high chance of falling – or being pushed off.

    Times of misfortune

    Against the historical backdrop of male-dominated leadership, the metaphor was coined to reflect women’s experience of leadership selection in times of organisational misfortune and crisis.

    The “glass cliff” has sometimes been invoked in misogynist ways to downplay the strengths of women in leadership, saying they have been put in a position of leadership with the express belief they will fail. But it does describe a commonly seen phenomenon which is important to observe and understand.

    There are many prominent examples of women who have been associated with the phrase.

    British Prime Minister Liz Truss was elevated to the role at a time of significant uncertainty, and was in the position for just 45 days.

    US Presidential candidate Kamala Harris was given minimal time to campaign and establish herself as a genuine opponent to Republican candidate Donald Trump.

    Former Yahoo CEO Carol Bartz, who was appointed when the tech company was failing and share prices were down before being unceremoniously dumped via a phone call.

    ‘Think female’

    Some academics believe that these women aren’t placed in the position of the glass cliff to be the fall guy, but instead these appointments relate to women’s perceived ability to handle organisational crises. They propose an alternative phrase: “think crisis – think female”.

    This phrase suggests women leaders perform better than men in a crisis, partly due to the assumption that women will garner more support than men in such times.

    It is based on stereotypes of women’s perceived ability to build and repair relationships and reputations.

    Both phrases link women leaders and crises. But the glass cliff explains how women are elevated into positions of leadership in turbulent times and are blamed when organisations fail.

    Professional risk

    The phenomenon of the glass cliff is a professional risk for women in leadership.

    Organisations may prey on the career ambitions of outgroup women, knowing that they are more likely to accept any leadership position, even a precarious one, in order to advance their career.

    The privilege of the ingroup men, on the other hand, means they are protected from taking on a leadership position with risk and volatility.

    Women leaders taking on these roles in turbulent times are also exposed to greater scrutiny from internal and external stakeholders, including individual performance criticism.

    If a woman leader then fails, her performance is seen to reinforce gender stereotypes about women’s leadership competency.

    Further complicating this context are gendered stereotypes that assume women leaders have exceptional people skills, meaning senior women in high-risk leadership roles receive less support and fewer resources than their male counterparts.

    The glass cliff presents a double bind for women leaders. If women leaders behave in stereotypically feminine ways they are seen as weak or indecisive. By contrast, if they behave counter to this they are labelled as harsh and aggressive.

    Either way, the glass cliff awaits.

    The glass cliff phenomenon draws our attention to the way in which women are set up to fail in high-risk risk leadership roles. But the metaphor also reveals the ongoing gender discrimination and stereotype bias women experience in taking on professional leadership roles.

    Kerrie-Anne Hammermeister does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. What is the ‘glass cliff’ phenomenon – and why do women often find themselves on the precipice? – https://theconversation.com/what-is-the-glass-cliff-phenomenon-and-why-do-women-often-find-themselves-on-the-precipice-256072

    MIL OSI AnalysisEveningReport.nz