Category: Asia Pacific

  • MIL-OSI Analysis: Scroll, watch, burn: sunscreen misinformation and its real‑world damage

    Source: The Conversation – UK – By Rachael Kent, Senior Lecturer in Digital Economy & Society Education, Department of Digital Humanities, King’s College London

    Krakenimages.com/Shutterstock

    On a sunny afternoon, I was scrolling through social media when I came across a video of a young woman tossing her sunscreen into a bin. “I don’t trust this stuff anymore,” she said to the camera, holding the bottle up like a piece of damning evidence.

    The clip had been viewed over half a million times, with commenters applauding her for “ditching chemicals” and recommending homemade alternatives like coconut oil and zinc powder.

    In my research on the effect of digital technology on health, I’ve seen how posts like this can shape real-world behaviour. And anecdotally, dermatologists have reported seeing more patients with severe sunburns or suspicious moles who say they stopped using sunscreen after watching similar videos.

    Sunscreen misinformation created by social media influencers is spreading and this isn’t just a random trend. It’s being fuelled by the platforms designed to host influencer content.


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    In my book, The Digital Health Self, I explain how social media platforms are not neutral arenas for sharing information. They are commercial ecosystems engineered to maximise engagement and time spent online – metrics that directly drive advertising revenue.

    Content that sparks emotion – outrage, fear, inspiration – is boosted to the top of your feed. That’s why posts questioning or rejecting science often spread further than measured, evidence-based advice.

    Health misinformation thrives in this environment. A personal story about throwing out sunscreen performs well because it’s dramatic and emotionally charged. Algorithms reward such content with higher visibility: likes, shares and comments all signal popularity.

    Each second a user spends watching or reacting gives the platform more data – and more opportunities to serve targeted ads. This is how health misinformation becomes profitable.

    In my work, I describe social media platforms as “unregulated public health platforms”. They influence what users see and believe about health, but unlike public health institutions, they’re not bound by standards for accuracy or harm reduction.

    If an influencer claims sunscreen is toxic, that message won’t be factchecked or flagged – it will often be amplified. Why? Because controversy fuels engagement.




    Read more:
    Misinformation lends itself to social contagion – here’s how to recognize and combat it


    I call this environment “the credibility arena”: a space where trust is built not through expertise, but through performance and aesthetic appeal. As I write in my book: “Trust is earned not by what is known, but by how well one narrates suffering, recovery, and resilience.”

    A creator crying on camera about “toxins” can feel more authentic to viewers than a calm, clinical explanation of ultraviolet radiation from a medical expert.

    This shift has real consequences. Ultraviolet rays are invisible, constant and damaging. They penetrate cloud cover and harm skin even on cool days.

    Decades of research, especially in countries like Australia with high skin cancer rates, show that regular use of broad-spectrum sunscreen dramatically reduces risk. And yet, myths spreading online are urging people to do the opposite: to abandon sunscreen as dangerous or unnecessary.

    This trend isn’t driven solely by individual creators. It’s embedded in how content is designed, framed and presented. Algorithms prioritise short, emotionally-charged videos. Interfaces highlight trending sounds and hashtags. Recommendation systems push users toward extreme or dramatic content.

    These features all shape what we see and how we interpret it. The “For You” page isn’t neutral. It’s engineered to keep you scrolling, and shock value outperforms nuance every time.

    That’s why videos about “ditching chemicals” thrive, even as posts on other aspects of women’s health are shadowbanned or suppressed. Shadowbanning refers to when a platform limits the visibility of content – making it harder to find, without informing the user – often due to vague or inconsistently applied moderation rules.

    The system rewards spectacle, not science. Once creators discover that a particular format, like tossing products into a bin, boosts engagement, it’s replicated over and over again. Visibility isn’t organic. It’s manufactured.

    Those who throw away their sunscreen often believe they’re doing the right thing. They’re drawn to creators who feel relatable, sincere and independent — especially when official health campaigns seem cold, patronising or out of touch. But the consequences can be serious. Sun damage accumulates silently, raising skin cancer risk with every hour spent unprotected.

    Sunscreen isn’t perfect. It needs to be reapplied properly and paired with shade and protective clothing. But the evidence for its effectiveness is clear and robust.

    The real danger lies in a system that not only allows misinformation to spread, but also incentivises it. A system in which false claims can boost an influencer’s reach and a platform’s revenue.




    Read more:
    Four ways you can design social media posts to combat health misinformation


    To resist harmful health trends, we need to understand the systems that promote them. In the case of sunscreen, rejecting protection isn’t just a personal decision – it’s a symptom of a digital culture that turns health into content, and often profits from the harm it causes.

    Rachael Kent 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. Scroll, watch, burn: sunscreen misinformation and its real‑world damage – https://theconversation.com/scroll-watch-burn-sunscreen-misinformation-and-its-real-world-damage-261137

    MIL OSI Analysis

  • MIL-OSI Asia-Pac: Appeal for information on missing woman in Yuen Long (2) (with photos)

    Source: Hong Kong Government special administrative region

    Police today (July 18) appealed to the public for information on a woman who went missing in Yuen Long.

    Lo Siu-ying, aged 86, went missing after she was last seen on Ma Tong Road yesterday (July 17). Her family then made a report to Police.
        
    She is about 1.5 metres tall, 41 kilograms in weight and of thin build. She has a long face with yellow complexion and short white hair. She was last seen wearing a brown long-sleeved shirt, black trousers, black shoes, a pair of black sunglasses, carrying a black shoulder bag and a light-coloured long umbrella.

    Anyone who knows the whereabouts of the missing woman or may have seen her is urged to contact the Regional Missing Persons Unit of New Territories North on 3661 3113 or email to rmpu-ntn-1@police.gov.hk, or contact any police station.

    MIL OSI Asia Pacific News

  • MIL-OSI: OTC Markets Group Welcomes Andean Silver Ltd to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Andean Silver Ltd (ASX: ASL; OTCQX: ADSLF), an Australian mineral exploration and development company, has qualified to trade on the OTCQX® Best Market.

    Andean Silver Ltd begins trading today on OTCQX under the symbol “ADSLF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    About Andean Silver Ltd
    Andean Silver Limited (formerly Mitre Mining Corporation Limited) is an Australian mineral exploration and development company focused on advancing its 100% owned Cerro Bayo Silver-Gold project in the Aysen region of Southern Chile which boasts some of the largest precious and base metals in the world. The project currently hosts Indicated and Inferred Mineral Resources of 9.8Mt @ 353g/t AgEq for 111Moz AgEq.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes Andean Silver Ltd to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Andean Silver Ltd (ASX: ASL; OTCQX: ADSLF), an Australian mineral exploration and development company, has qualified to trade on the OTCQX® Best Market.

    Andean Silver Ltd begins trading today on OTCQX under the symbol “ADSLF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    About Andean Silver Ltd
    Andean Silver Limited (formerly Mitre Mining Corporation Limited) is an Australian mineral exploration and development company focused on advancing its 100% owned Cerro Bayo Silver-Gold project in the Aysen region of Southern Chile which boasts some of the largest precious and base metals in the world. The project currently hosts Indicated and Inferred Mineral Resources of 9.8Mt @ 353g/t AgEq for 111Moz AgEq.

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • India reaffirms commitment to ‘Pact for Future’ at UN dialogue

    Source: Government of India

    Source: Government of India (4)

    India reiterated its strong commitment to the Pact for the Future and its annexes, the Global Digital Compact (GDC) and the Declaration on Future Generations, during the third interactive informal dialogue held to review the pact.

    Describing the initiative as a vital step in the global community’s collective efforts to address emerging and long-term challenges, India emphasised the importance of inclusive, forward-looking international cooperation.

    The informal interactive dialogue on Thursday aimed to provide a platform for member States to exchange ideas and share practices, looking ahead to 2028 in the implementation of the pact.

    At the Summit of the Future on 22 September 2024, world leaders adopted the Pact for the Future and its annexes: the Global Digital Compact and Declaration on Future Generations. This historic agreement is the culmination of years of inclusive dialogue and collaboration aimed at modernising international cooperation to address today’s realities and prepare for tomorrow’s challenges.

    “India believes the 2028 review should be results-oriented and forward-looking. We must particularly ensure dedicated attention to critical reform areas, especially UN Security Council expansion and international financial architecture reform, where progress has been insufficient,” said Parvathaneni Harish, Permanent Representative of India to the United Nations, addressing the session.

    “As regards Security Council reforms, the majority agree that the body should be reflective of the current geopolitical realities. This would be critical to enhance the Council’s credibility, legitimacy and efficacy. During the 79th session, the IGN has concluded without any concrete progress. Member states need to redouble the efforts to achieve real reforms and resist efforts by a group of countries to maintain the status quo. Negotiations based on a text need to commence at the earliest,” he added.

    He asserted that India strongly supports strategic alignment to maximise impact and avoid duplication.

    “Ideally, UN@80 goals should have been part of the Pact framework and pursued as part of negotiations among member states last year. However, moving forward, we should ensure that implementation and review of the Pact should be aligned with UN@80 initiative,” Harish stressed.

    Emphasising that the review should be linked with the 2027 SDG Summit outcomes to create a unified narrative on sustainable development progress, the Ambassador said, “we should also build on sectoral reviews including the Fourth International Conference on Financing for Development, the World Social Summit, the WSIS+20 Review and Peacebuilding Architecture Review while leveraging existing mechanisms like the High-Level Political Forum and ECOSOC for reporting.”

    India also called for coherence and complementarities with ongoing processes within the G20, WTO, World Bank and IMF, particularly in the context of sustainable financing and fair and equitable global financial architecture.

    “India believes that these ongoing reviews and processes, as mentioned above, must inform the design and content of the 2028 Pact review. The 2028 review must not only be a stock-taking exercise but should deliver concrete next steps for the implementation cycle ahead. We particularly need clear benchmarks for Security Council reform with timelines for text-based negotiations,” Harish noted.

    He further said that an important outcome of the implementation of GDC is the decision to establish an Independent International Scientific Panel on AI and a Global Dialogue on AI Governance within the UN Framework.

    “We look forward to a fruitful conclusion of the on-going negotiations and adoption of the modalities resolution on the basis of consensus. India remains committed to working collaboratively with all stakeholders to ensure the effective implementation of the Pact and its annexes and look forward to continued dialogue and briefings in this regard,” he concluded.

    (IANS)

  • Right reforms to spur investment, credit and GDP growth in India: HSBC

    Source: Government of India

    Source: Government of India (4)

    At a time when global supply chains are getting rejigged, if India can do the right reforms, it could become a meaningful producer and exporter of goods, which could spur investment, credit and GDP growth, an HSBC report said on Friday.

    In the chicken-and-egg debate of who rises first, GDP growth or credit growth, we thankfully, have a new contender – reforms, said the report by HSBC Global Investment Research.

    “The reforms include lowering tariff rates, signing trade deals, welcoming FDI inflows, and improving ease of doing business. A start has been made. But for impact, reforms need to run deep,” it added.

    The report said that market memory can be short.

    “Same time last year, we were fretting about weak deposit growth. Today, we are fretting about weak credit growth. We believe one thing is common across both episodes. That while all eyes are on the RBI to resolve the situation, the central bank can only partly address the problem using the monetary policy levers at its disposal,” it further stated.

    Instead, the root of the problem, and the real solution, in both instances, lies elsewhere – the real economy and the composition of GDP growth.

    Last year’s deposit drag was a two-fold problem – concerns on tepid deposit growth and compositional shifts (too few sticky deposits). Once inflation started to fall, the RBI loosened monetary policy, pushing base money growth up.

    “Real deposit growth started to rise in early 2025. But did the RBI solve the entire problem? Perhaps not. Some rise in deposits would have happened anyway (the credit-deposit ratio tends to mean revert). And the deposit composition problem persists,” the report mentioned.

    Can the RBI help? Yes, it can, and it has, by cutting the repo rate by 100bp, and infusing large amounts of domestic liquidity.

    “Will it solve the entire credit slowdown problem? Likely not. Because just as the deposit composition issue had its roots in the real economy, the credit softness issue does too,” said the report.

    (IANS)

  • MIL-OSI Europe: President Costa to travel to Japan and China for high-level Summits

    Source: Council of the European Union

    The President of the European Council, António Costa, will travel to Japan and China, together with the President of the European Commission, Ursula von der Leyen, to represent the EU in the EU-Japan Summit on 23 July and EU-China Summit on 24 July.

    MIL OSI Europe News

  • PM Modi flags off four new Amrit Bharat trains in poll-bound Bihar

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi flagged off four new Amrit Bharat trains in Bihar’s Motihari on Friday and also laid the foundation stone and inaugurated multiple development projects worth over Rs 7,200 crore.

    The Amrit Bharat will runs between Rajendra Nagar Terminal (Patna) and New Delhi, Bapudham Motihari and Delhi (Anand Vihar Terminal), Darbhanga and Lucknow (Gomti Nagar), and Malda Town and Lucknow (Gomti Nagar) via Bhagalpur.

    PM Modi also handed over keys to some beneficiaries as part of the Griha Pravesh ceremony for 12,000 beneficiaries and released over Rs 160 crore to 40,000 beneficiaries of the Pradhan Mantri Awas Yojana-Gramin.

    He also released Rs 400 crore to around 61,500 Self-Help Groups in Bihar under Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM). With a special focus on women-led development, over 10 crore women have been connected to Self-Help Groups (SHGs).

    The visit by PM Modi comes ahead of the Assembly elections, which are set to be held in the state later this year.

    In line with his commitment to boost connectivity and infrastructure, PM Modi dedicated multiple rail projects to the nation. It includes automatic signalling between the Samastipur-Bachhwara rail line that will enable efficient train operations in this section. The doubling of the Darbhanga-Thalwara and Samastipur-Rambhadrapur rail lines is part of the Darbhanga-Samastipur doubling project, worth over Rs 580 crore, which will enhance the capacity of train operations and reduce delays.

    Another rail project includes the development of infrastructure for maintaining Vande Bharat trains at Patliputra. Automatic signalling on the Bhatni-Chhapra Gramin rail line (114 km) to enable streamlined train operations. Upgradation of the traction system in the Bhatni-Chhapra Gramin section to enable higher train speeds by strengthening the traction system infrastructure and optimising energy efficiency.

    The Darbhanga-Narkatiaganj rail line doubling project is worth approximately Rs 4,080 crore, aimed at increasing sectional capacity, enabling the operation of more passenger and freight trains, and strengthening connectivity between North Bihar and the rest of the country.

    (ANI)

  • INS Nistar, India’s first indigenous diving support vessel, commissioned in Visakhapatnam

    Source: Government of India

    Source: Government of India (4)

    In a boost to India’s maritime capabilities, INS Nistar, the country’s first indigenously designed and constructed Diving Support Vessel (DSV), was commissioned into the Indian Navy on Friday in Visakhapatnam. The commissioning ceremony took place in the presence of Union Minister of State for Defence Sanjay Seth, senior naval officials, and representatives from Hindustan Shipyard Limited (HSL), the shipbuilder.

    INS Nistar is the first of two DSVs being built by HSL and is equipped for complex deep-sea saturation diving and submarine rescue operations, a capability limited to a few global navies. It features cutting-edge equipment including Remotely Operated Vehicles (ROVs), a Self-Propelled Hyperbaric Lifeboat, and Diving Compression Chambers, enabling salvage operations up to 300-metre deep. The vessel also serves as a mother ship for the Indian Navy’s deep submergence rescue vessel.

    Speaking at the ceremony, MoS Defence Sanjay Seth hailed the induction as a major milestone in the Aatmanirbhar Bharat initiative, noting that all 57 warships currently under construction for the Navy are being built indigenously. He praised the Navy and the Indian shipbuilding industry for their innovation and commitment to self-reliance.

    Chief of Naval Staff Admiral Dinesh K Tripathi described INS Nistar as both a “technological asset” and an “operational enabler.”

    “Nistar will provide critical submarine rescue support to the Indian Navy as well as our regional partners. This will enable India to emerge as a ‘Preferred Submarine Rescue Partner’ in this region. The commissioning of Nistar is testimony to the growing capability and maturity of our maritime industrial base, and another shining example of Aatmanirbhar Bharat,” he said.

    With over 80% indigenous content and the participation of 120 MSMEs, the 118-meter vessel -displacing more than 10,000 tons – marks a leap forward in India’s undersea warfare and rescue capabilities. It replaces the erstwhile INS Nistar, a Soviet-origin ship decommissioned in the 1980s.

  • MIL-OSI United Nations: Global: AI-powered early-warning systems under the Early Warnings for All (EW4All) initiative

    Source: UNISDR Disaster Risk Reduction

    This case study was collected through a Call for Good Practices on Reducing Risk across SDG Transitions, launched by the UN DRR Focal Points Group in 2024.

    SDGs addressed: 13 | 11 | 9 (digital transformation theme)

    The UN-backed Early Warnings for All (EW4All) initiative aims to cover everyone on Earth with timely, life-saving alerts by 2027. Its AI Sub-Group, convened by the International Telecommunication Union (ITU) with WMO, UNDRR and IFRC, integrates artificial-intelligence tools across the four pillars of early-warning systems-risk knowledge, detection & forecasting, warning dissemination and preparedness. Working with governments, tech firms and communities, the group pilots machine-learning models that fuse satellite, radar, social-media and IoT data to sharpen hazard forecasts and send population-specific alerts in near real time.

    Innovation & success factors

    • AI fusion of complex datasets-weather, exposure, mobility-raises forecast accuracy.
    • Optimised message routing chooses channels, languages and geofences for each group.
    • Multi-stakeholder governance (UN agencies + private tech + civil society) ensures ethical, equitable deployment.

    Key impacts

    • Improved lead times for tropical-cyclone and flash-flood warnings in pilot countries (e.g., +30 min average).
    • Targeted reach-algorithms tailor SMS, radio or app alerts to last-mile users, increasing timely action.
    • Policy influence-15 governments adopt AI guidelines for DRR under EW4All technical-assistance tracks.

    Lessons learned for replication or adaptation

    1. Equity first: AI roll-outs must bridge, not widen, the digital divide.
    2. Cross-sector partnerships accelerate innovation and scaling.
    3. Ethical frameworks & data privacy are non-negotiable for public trust.
    4. Continuous training keeps models accurate amid climate-system change.
    5. Local language & culture matter as much as algorithmic performance.

    Organisations involved

    • UN entities: ITU (lead), WMO, UNDRR, IFRC
    • Government partners: National meteorological & telecom agencies in pilot countries (e.g., India, Fiji, Kenya)
    • Private sector: AI cloud providers, mobile-network operators
    • Civil society & academia: Local DRR NGOs, research labs developing ethical-AI frameworks

    MIL OSI United Nations News

  • MIL-OSI New Zealand: Export Awards – Trimax Mowing Systems wins Exporter of the Year at ExportNZ ASB Bay of Plenty Export Awards

    Source: EMA

    Trimax Mowing Systems, a manufacturer and exporter of premium mowing equipment, has won the ExportNZ ASB Bay of Plenty Exporter of the Year Award at a gala event this evening held at the Mercury Baypark arena in Mount Maunganui.
    Kiwi-made lawn mowers used by groundskeepers at Windsor Castle
    Trimax has sold more than 33,000 lawn mower decks worldwide from its base in Tauranga, with revenue having tripled in the last five years. The New Zealand-made lawn mowers are trusted by groundskeepers in locations as varied as Windsor Castle in the UK to multiple PGA golf courses in the United States.
    High-precision control devices sold to alternative fuel markets globally
    Oasis Engineering, a manufacturer of high-pressure control devices for gases, won the Excellence in Innovation Award. The company first rose to fame in the 1980s by developing a ball valve for CNG (Compressed Natural Gas) tanks, which became the industry standard.
    Today, Oasis Engineering operates a specialist high-precision turning and machining factory in Tauranga, from where it exports control devices to more than 40 countries. The company is recognised as an exemplar in the use of automation and robotics, and for outstanding product development in the global alternative fuel market.
    Providing cloud-based workspaces for US healthcare professionals
    The Best Emerging Business Award was won by Carepatron, a provider of secure, cloud-based healthcare workspaces for clinicians to manage clients, appointments and payments.
    The company uses technology, and AI in particular, in its customer support and product development. Founded in 2021, today Carepatron is hyperscaling exports into the US market, where it is growing rapidly.
    Individuals making significant contributions to export success
    There were two joint winners of the Export Achievement Award, which recognises an individual who has made a material contribution to the export success of a business. These were Sarah Webb of LawVu and Karl Stevenson of Bluelab.
    Sarah Webb has been a founding force behind LawVu, which provides cloud-based legal workspaces for in-house legal teams. Currently, the Chief Operating Officer, Webb has been instrumental in transforming LawVu into a globally recognised legal tech platform.
    Karl Stevenson is the Head of Product at Bluelab, a manufacturer of precision instruments for measuring pH, electrical conductivity and temperature in controlled agricultural environments.
    Stevenson is recognised as a champion of design thinking in New Zealand’s export sector. He has also made a lasting impact on the Tauranga business community, having co-founded local Design Thinking Meetups, which foster a culture of innovation and collaboration, and are open to everyone from entrepreneurs to engineers.
    Tauranga entrepreneur Steve Saunders recognised with Services to Export Award
    Finally, the Services to Export Award was presented to Steve Saunders for his outstanding contribution to the exporting success of the Bay of Plenty region. The co-founder of Robotics Plus, and numerous other exporting businesses, Saunders has served for 12 years on Priority One, the economic development organisation for the Western Bay of Plenty.
    He co-founded the Newnham Park Innovation Centre, as well as Mount Pack & Cool, one of the largest and most technologically advanced packhouses in the Bay of Plenty.
    Saunders champions Māori investment in agriculture and innovation, and is a long-time supporter of the Young Innovators Awards for Year 7-13 students.
    Celebrating the Bay of Plenty exporting community
    The awards celebrate the exceptional achievements of Bay of Plenty businesses and individuals who export goods and services to markets around the world.
    The event is proudly supported by principal sponsor ASB, as well as Sharp Tudhope, Air NZ Cargo, Page Macrae, Zespri, and Orbit Travel, and supporting partners NZTE, Comvita and Port of Tauranga.
    The awards are organised by the EMA on behalf of ExportNZ. EMA Chief Executive John Fraser-Mackenzie says, “The EMA is an integral part of the Bay of Plenty business community, so we’re delighted these awards showcase the inspiring businesses and individuals from the region who are succeeding in offshore markets. Well done to all the winners!
    “The awards are more than just recognition, they’re a platform for sharing insights, fostering collaboration, and strengthening the network of export-focused companies that drive the region’s economic success.”
    Chair of the ExportNZ BoP Executive Committee Warwick Downing says, “This year’s winners exemplify the innovation, resilience, and global ambition that define the Bay of Plenty’s export community.
    “Their success is a testament to the region’s ability to compete, and thrive, on the world stage.”
    Head of Trade Finance at ASB Bank Mike Atkins says, “We congratulate all the winners; they are true export champions of the Bay of Plenty region.
    “At ASB, we are passionate about enabling exporters to scale up, be it through working capital funding or other advisory initiatives across productivity, sustainability, clean tech, and food and fibre. Our partnership with ExportNZ in celebrating these awards underscores that commitment.”
    Executive Director of ExportNZ Josh Tan says, “These awards showcase the significant contribution this region makes to New Zealand’s exporting success.
    “Congratulations to all the winners on their outstanding achievements, which highlight the export sector’s strong start to the year and reinforce our nation’s well-earned reputation for quality in products and services.”
    Complete list of winners and full judges’ citations   ExportNZ ASB Bay of Plenty Export Awards
    1. Exporter of the Year – in partnership with Sharp Tudhope
    Winner: Trimax Mowing Systems – a designer and manufacturer of tractor-powered rotary and flail mowers for commercial use.
    Highly Commended: LawVu
    This award recognises the outstanding success of a business that is established in its international growth journey, with more than five years of international operations and total annual revenue above $5 million.
    Judges’ citation: The judges were impressed by Trimax’s continued commitment to innovate and grow in their niche but hugely valuable market. The company has built up extensive dealer networks in the United States, the UK and Australia, and Trimax mowers are trusted by groundmen in locations as varied as England’s Windsor Castle to PGA golf courses in the United States.
    The company’s leadership has embedded innovation and product development throughout the enterprise, and their growth in recent times shows that this is paying divid

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: Cheung Kwok-kwan meets SZ official

    Source: Hong Kong Information Services

    Deputy Secretary for Justice Cheung Kwok-kwan met President of the Shenzhen Court of International Arbitration Liu Xiaochun in Shenzhen today to discuss bilateral collaboration in sports dispute resolution.

     

    Mr Cheung said that the Department of Justice is committed to promoting the diversified development of sports dispute resolution services in Hong Kong and is actively promoting co-operation with the Mainland and other overseas regions in this field, so as to build the city into a sports dispute resolution services centre in the Asia-Pacific region.

     

    He highlighted that Hong Kong has been recognised and trusted by the international community for its arbitration and mediation services and that it maintains a rich pool of talent in sports dispute resolution services.

     

    Noting that Shenzhen has long been Hong Kong’s close partner in arbitration and has been actively participating in the national development of sports arbitration, Mr Cheung stated that he hopes both places can strengthen co-operation in sports dispute resolution, giving full play to the Greater Bay Area’s advantages of “one country, two systems and three jurisdictions” and promoting the sports dispute resolution services in both places with innovative thinking.

     

    The Deputy Secretary for Justice added that the department is taking forward the pilot scheme on sports dispute resolution as announced in the Chief Executive’s 2024 Policy Address at full steam.

     

    The invitation for the industry to submit proposals for the pilot scheme’s operation has begun to identify a suitable administering body and a technology service provider to provide a fast, reliable and neutral resolution mechanism for sports disputes.

     

    The period for submission of proposals will close on July 31 and the scheme is expected to be launched in the second half of the year.

    MIL OSI Asia Pacific News

  • MIL-OSI USA: NASA, Oxford Discover Warmer Uranus Than Once Thought

    Source: NASA

    KEY POINTS

    Jupiter, Saturn, and Neptune each emit more energy than they receive from the Sun, meaning they have comparatively warm interiors.
    NASA’s Uranus flyby with Voyager 2 in 1986 found the planet colder than expected, which challenged ideas of how planets formed and evolved.
    However, with advanced computer modeling and a new look at old data, scientists think the planet may actually be warmer than previously expected.

    For millennia, astronomers thought Uranus was no more than a distant star. It wasn’t until the late 18th century that Uranus was universally accepted as a planet. To this day, the ringed, blue world subverts scientists’ expectations, but new NASA research helps puzzle out some of the world’s mystique. 

    Uranus is unlike any other planet in our solar system. It spins on its side, which means each pole directly faces the Sun for a continuous 42-year “summer.” Uranus also rotates in the opposite direction of all planets except Venus. Data from NASA’s Voyager 2 Uranus flyby in 1986 also suggested the planet is unusually cold inside, challenging scientists to reconsider fundamental theories of how planets formed and evolved throughout our solar system.
    “Since Voyager 2’s flyby, everybody has said Uranus has no internal heat,” said Amy Simon, a planetary scientist at NASA’s Goddard Space Flight Center in Greenbelt, Maryland. “But it’s been really hard to explain why that is, especially when compared with the other giant planets.”
    These Uranus projections came from only one up-close measurement of the planet’s emitted heat made by Voyager 2: “Everything hinges on that one data point,” said Simon. “That is part of the problem.” 
    Now, using an advanced computer modeling technique and revisiting decades of data, Simon and a team of scientists have found that Uranus does in fact generate some heat, as they reported on May 16 in the Monthly Notices of the Royal Astronomical Society journal. 
    A planet’s internal heat can be calculated by comparing the amount of energy it receives from the Sun to the amount it of energy it releases into space in the form of reflected light and emitted heat. The solar system’s other giant planets — Saturn, Jupiter, and Neptune — emit more heat than they receive, which means the extra heat is coming from inside, much of it left over from the high-energy processes that formed the planets 4.5 billion years ago. The amount of heat a planet exudes could be an indication of its age: the less heat released relative to the heat absorbed from the Sun, the older the planet is.
    Uranus stood out from the other planets because it appeared to give off as much heat as it received, implying it had none of its own. This puzzled scientists. Some hypothesized that perhaps the planet is much older than all the others and has cooled off completely. Others proposed that a giant collision — the same one that may have knocked the planet on its side — blasted out all of Uranus’ heat. But none of these hypotheses satisfied scientists, motivating them to solve Uranus’ cold case.
    “We thought, ‘Could it really be that there is no internal heat at Uranus?’” said Patrick Irwin, the paper’s lead author and professor of planetary physics at the University of Oxford in England. “We did many calculations to see how much sunshine is reflected by Uranus and we realized that it is actually more reflective than people had estimated.”
    The researchers set out to determine Uranus’ full energy budget: how much energy it receives from the Sun compared to how much it reflects as sunlight and how much it emits as heat. To do this, they needed to estimate the total amount of light reflected from the planet at all angles. “You need to see the light that’s scattered off to the sides, not just coming straight back at you,” Simon said.
    To get the most accurate estimate of Uranus’ energy budget yet, Oxford researchers developed a computer model that brought together everything known about Uranus’ atmosphere from decades of observations from ground- and space-based telescopes, including NASA’s Hubble Space Telescope and NASA’s Infrared Telescope Facility in Hawaii. The model included information about the planet’s hazes, clouds, and seasonal changes, all of which affect how sunlight is reflected and how heat escapes.

    The researchers found that Uranus releases about 15% more energy than it receives from the Sun, a figure that is similar to another recent estimate from a separate study funded in part by NASA that was published July 14 in Geophysical Research Letters. These studies suggest Uranus it has its own heat, though still far less than its neighbor Neptune, which emits more than twice the energy it receives.
    “Now we have to understand what that remnant amount of heat at Uranus means, as well as get better measurements of it,” Simon said.
    Unraveling Uranus’ past is useful not only for mapping the timeline of when solar system planets formed and migrated to their current orbits, but it also helps scientists better understand many of the planets discovered outside the solar system, called exoplanets, a majority of which are the same size as Uranus.
    By Emma FriedmanNASA’s Goddard Space Flight Center, Greenbelt, Md.

    MIL OSI USA News

  • MIL-OSI USA: NEWS RELEASE: DCCA DISCIPLINARY ACTIONS (THROUGH JUNE 2025)

    Source: US State of Hawaii

    NEWS RELEASE: DCCA DISCIPLINARY ACTIONS (THROUGH JUNE 2025)

    Posted on Jul 17, 2025 in Latest Department News, Newsroom

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    JOSH GREEN, M.D.

    GOVERNOR

    KE KIAʻĀINA

     

    KA ʻOIHANA PILI KĀLEPA

     

    NADINE Y. ANDO

    DIRECTOR

    KA LUNA HOʻOKELE

     

    DENISE P. BALANAY

    SENIOR HEARINGS OFFICER

    DCCA DISCIPLINARY ACTIONS

    (Through June 2025)

     

    July 15, 2025

    HONOLULU – The state Department of Commerce and Consumer Affairs (DCCA) and its respective state Boards and Commissions released a summary of disciplinary actions through the month of June 2025, taken on individuals and entities with professional and vocational licenses in Hawai‘i. These disciplinary actions include dispositions based upon either the results of contested case hearings or settlement agreements submitted by the parties. Respondents enter into settlementagreements as a compromise to claims and to conserve on the expenses of proceeding with an administrative hearing.

    The DCCA and the Boards and Commissions are responsible for ensuring those with professional and vocational licenses areperforming up to the standards prescribed by state law.

     

     

    Respondent:     Madali LLC dba King Cuts

    Case Number:   BAR 2024-266-L

    Sanction:          $500 fine

    Effective Date:   6-3-25

     

    RICO alleges that Respondent permitted an unlicensed person to perform barber activities in Respondent’s barber shop, inpotential violation of HRS § 439A-16(a)(3). (Board approved Settlement Agreement.)

    Respondents:   N&J Nails LLC and Thanh Ngan Ngyuen

    Case Number:   BAR 2025-6-L

    Sanction:          $1,000 fine

    Effective Date:   6-3-25

     

    RICO alleges that Respondents permitted an unlicensed person to perform activities requiring a beauty operator license, inpotential violation of HRS § 439A-16(a)(3). (Board approved Settlement Agreement.)

     

    Respondent:     Kiani K. Costabrum aka Kiana K. Costabrum (Kaua‘i)

                              dba Bare Beauty Kauai

    Case Number:   BAR 2025-0040-L

    Sanction:          $2,000 fine

    Effective Date:   6-3-25

     

    RICO alleges that Respondent offered and provided facials and/or lash extension services on the premises of a studio that was not a beauty shop, in potential violation of HRS §§ 439A-3(b) and 439A-16(a)(4). (Board approved Settlement Agreement.)

     

    Respondents:   Mikey’s Barber & Hairstyling Salon LLC and Canh T. Nguyen

    Case Number:   BAR 2025-10-L

    Sanction:          $500 fine

    Effective Date:   6-3-25

     

    RICO alleges that Respondents permitted an unlicensed person to perform barbering activities in Respondents’ barber shop, inpotential violation of HRS § 439A-16(a)(3). (Board approved Settlement Agreement.)

     

     

     

    Respondent:     Christine D. Caguioa

    Case Number:   RNS 2024-19-L

    Sanction:          License probation 2 years, continuing education, $750 fine

    Effective Date:   6-6-25

     

    RICO alleges it received a complaint that Respondent used another nurse’s login credentials to enter the weight of a patient in a patient’s electronic record without authorization, in violation of HRS § 457-12(a)(6) and HAR § 16-89-60(7)(C). (Board approved Settlement Agreement.)

    REAL ESTATE COMMISSION

     

    Respondent:  ALEXA RAE THROPP (Hawaiʻi)

    Case Number: REC 2024-534-L

    Sanction:         $750 fine

    Effective Date: 6-27-25

    RICO alleges that Respondent entered a plea of nolo contendere on May 16, 2024, to one count of Operating a Vehicle Under the Influence of an Intoxicant, in potential violation of HRS § 436B-19(14). (Commission approved Settlement Agreement.)

     

    Respondent:  Myriam Haynal (Hawaiʻi)

    Case Number: REC 2024-409-L

    Sanction:         $7,000 fine

    Effective Date: 6-27-25

     

    RICO alleges that on May 13, 2024, Respondent was convicted for Driving Under the Influence of Alcohol, in potential violation of HRS §§ 436B-19(12), 436B-19(14), 436B-19(17) and 467-14(20). (Commission approved Settlement Agreement.)

     

     

    Respondent:     RPC2B, LLC

    Case Number: PHA 2024-26-L

    Sanction:          $900 fine

    Effective Date: 6-19-25

    RICO alleges that Respondent was disciplined by the state of New Jersey, in potential violation of HRS § 436B-19(13). (Boardapproved Settlement Agreement.)

     

    Respondent:     Walgreens.com, Inc. dba Walgreens #02445

    Case Number: PHA 2025-3-L

    Sanction:          $11,000 fine

    Effective Date: 6-19-25

    RICO alleges that Respondent was disciplined by the state of Nevada on or about August 16, 2024, Respondent was disciplined by the state of Nevada in January 2016 based on allegations its employee incorrectly verified a prescription, Respondent was disciplined by the state of Texas in April 10, 2019, on Respondent’s December 1, 2016 application, Respondent answered “No” to the question “Has the applicant or any other personnel of the applicant been found in violation of any state or federal drug laws including the illegal use of drugs or improper distribution of drugs,” Respondent failed to timely notify the Board of the April 2019 disciplinary action, and on February 4, 2025, Respondent was disciplined by the state of Texas, in potential violation of HRS §§ 436B-19(13), 436B-19(15), 461-21(a)(1), 461-21(a)(2), 461-21(a)(4), and 461-21(a)(9) and HAR § 16-95-110(a)(9). (Board approved Settlement Agreement.)

    Respondent:     Empower Clinic Services LLC dba Empower Pharmacy

    Case Number: PHA 2025-7-L; PHA 2025-8-L

    Sanction:          $500 fine

    Effective Date: 6-19-25

    RICO alleges that Respondent was disciplined by the states of Virginia and Illinois, in potential violation of HRS § 436B-19(13). (Board approved Settlement Agreement.)

    BusinessCheck is an online platform designed to serve as a comprehensive resource for researching licensed professionals. This tool empowers users to verify licenses, review complaint histories and discover when a business was established, all in one place. Please visit businesscheck.hawaii.gov to verify a professional’s license status, confirming their qualifications, compliance with regulations and accountability to a governing body.

     

    # # #

    Media Contact:

    Communications Office

    Department of Commerce and Consumer Affairs, State of Hawai‘i

    Phone: 808-586-2760

    Email: [email protected]

    MIL OSI USA News

  • MIL-OSI USA: California sends more search and rescue crews to Texas

    Source: US State of California 2

    Jul 17, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the deployment of 3 additional Urban Search and Rescue Team (US&R) members to Texas to assist with ongoing response efforts related to severe flooding impacts.  A total of 42 California US&R members are now in Kerr, Texas supporting the mission.  

    This deployment of Human Remains Detection (HRD) Teams includes canines and their handlers. Today’s deployment comes from the Oakland Fire Department and Sacramento Fire Department.   Los Angeles County, Menlo Park, Orange County and Riverside County all have team members on the ground in Texas aiding in the search.  

    California personnel deployed use highly-developed and specialized skills to assist emergency operations in and around the hardest hit areas of flooding.  The California Governor’s Office of Emergency Service (Cal OES) is working in close coordination with Texas and through the Emergency Management Assistance Compact (EMAC).

    We help our fellow Americans in times of need. California is proud to assist in the ongoing response to the devastating Texas floods.

    Governor Gavin Newsom

    Canine teams from California have been requested, and been approved for, extending their work assignments from 14 to 21 days.  To prevent overworking the dogs, a rotation schedule has been implemented where the canines work two consecutive days in the field, followed by a rest day at Base of Operations. 

    “This is a very difficult task. I appreciate the hard work being done by our crews under very difficult conditions,” said Cal OES Director Nancy Ward. “Cal OES is proud to help those in need in Texas.”  

    This deployment builds on California’s far-reaching efforts to aid other states during emergencies. In 2023, California deployed Urban Search and Rescue members to Hawaii to support wildfire response. In 2022, California deployed firefighters, disaster recovery experts, and other personnel to Montana, New Mexico, and Oregon. In 2021, California sent fire engines to assist Oregon’s response to the Bootleg Fire and Specialized Urban Search and Rescue Resources teams to Florida following the Surfside condo collapse.

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

    Press releases, Recent news

    Recent news

    News SACRAMENTO – Governor Gavin Newsom and Acting Governor Eleni Kounalakis issued the following statement regarding the death of California Department of Corrections and Rehabilitation (CDCR) Parole Agent Joshua Lemont Byrd:“This is a heartbreaking loss. Agent Byrd…

    News What you need to know: Governor Newsom announced the High Speed Rail Authority is suing the Trump administration over its illegal termination of federal grants funding the project. SACRAMENTO – Governor Gavin Newsom today announced the High Speed Rail Authority…

    News SACRAMENTO – As Governor Gavin Newsom and legislative leaders continue to work on extending the state’s preeminent climate program – Cap-and-Invest – new reports out this week highlight how critical the program is to the state’s economic future, and how…

    MIL OSI USA News

  • MIL-Evening Report: From ‘Stone Age’ treasury boss to National Party Senator: John Stone 1929-2025

    Source: The Conversation (Au and NZ) – By John Hawkins, Head, Canberra School of Government, University of Canberra

    AUSPIC

    John Owen Stone AO was a legendary leader of the Commonwealth Treasury. He was secretary (departmental head) from January 1979 to September 1984 but was an intellectual driving force before then as deputy secretary from 1971 to 1978.

    Over those years he dealt with eight treasurers: Billy Snedden, Gough Whitlam, Frank Crean, Jim Cairns, Bill Hayden, Phillip Lynch, John Howard and Paul Keating.

    It is a sign of his influence that those years were dubbed the “Stone Age” by South Australian Premier Don Dunstan and others.

    Former Defence Department heads Arthur Tange and Tony Ayers were at various times called the “last of the mandarins” but Stone is probably truly the last.

    In 1978 journalist Paul Kelly called Stone “one of the two men who ran the nation”, the other being then prime minister Malcolm Fraser.

    It is hard to think of any later public servant about whom that could be said.

    Stone’s entry in the Senate’s biographical dictionary captures him well:

    he could be charming, witty and flattering, but he is often decried as being obstinate and arrogant.

    A Reserve Bank official is said to have said “I wish I was as certain about one thing as John Stone is about everything.”

    This obduracy cemented the Treasury’s reputation for arrogance and weakened its influence.

    Early years – from physics to economics

    John was born in 1929, the elder of two sons of a farmer and a primary school teacher. His childhood was spent in the Western Australian wheat belt. But after his parents divorced when he was 12, he moved with his mother to Perth.

    He attended Perth Modern School where contemporaries included Bob Hawke, Rolf Harris and Maxwell Newton.

    He graduated with first-class honours from the University of Western Australia in 1950, majoring in mathematical physics, and served as president of the students’ association.

    While there he met Billy Snedden, who two decades later would be Prime Minister William McMahon’s treasurer and with whom Stone would work as treasury deputy secretary.

    In 1951 he won a Rhodes scholarship. He initially enrolled for a physics degree at Oxford, but switched to economics, graduating with a Bachelor of Arts in Politics, Philosophy and Economics.

    He joined Australia’s Treasury, initially in its London office, in 1954. The same year he married Nancy Hardwick, a biochemical researcher, and they would have five children.

    The mandarin who put Treasury first

    Stone was an admirer of fellow Rhodes scholar Sir Roland Wilson, the longest-serving Treasury secretary with doctorates from Oxford and Chicago.

    Along with Wilson, Stone was a strong critic of the 1965 report of the Committee of Economic Inquiry known as the Vernon Report which called for greater planning and an independent economic advisory committee whose advice would have rivalled Treasury’s and succeeded in having Prime Minister Menzies reject it.

    In the late 1960s as treasury’s representative he was an executive director at the International Monetary Fund and defied his treasurer William McMahon by voting against the introduction of Special Drawing Rights that gave members rights over other members’ reserves.

    Stone believed that was why he was passed over for the secretary’s position when Frederick Wheeler was appointed in 1971.

    At treasury in the 1970s, Stone publicly clashed with members of a global environmental group called the Club of Rome about whether there were environmental limits to economic growth.

    During a public meeting in Canberra in 1973, he argued the world would not run out of the resources it needed because price rises would create incentives to use them more efficiently and develop substitutes.

    These ideas permeated the treasury’s second economic research paper called Economic Growth – is it Worth Having? which he heavily influenced.

    Stone claimed to have personally drafted the words in Treasurer Bill Hayden’s 1975 budget statement that said Australia was

    no longer operating in that simple Keynesian world in which some reduction in unemployment could, apparently, always be purchased at the cost of some more inflation.

    Stone was the driving force behind the subsequent Fraser government’s mantra of “fight inflation first”.

    As a senior Treasury officer, Stone was often openly contemptuous of politicians. He would share these views with journalists at the bar of the Hotel Canberra and in later years at the bar of the National Press Club.

    He was particularly critical when politicians had the temerity to take advice from what he termed “meretricious players” from outside the treasury.

    This attitude led Stone to oppose even the sort of free-market measures he might be expected to like when they were advocated by someone else.

    He unsuccessfully opposed the Whitlam government’s cuts to tariffs in 1973 and some of the recommendations of the Campbell Committee of Inquiry into Australia’s financial system in 1981.

    Fraser is said to have said Stone “believes in the deregulation of everything he does not regulate”.

    Stone also opposed the Hawke government’s decision to float the dollar in 1983.

    He argued the timing was wrong and that the dollar would appreciate, weakening the economy. After rising for a short time, the dollar actually depreciated and the economy performed strongly.

    Ludicrously, Stone denied having ever opposed it.

    Many in the Labor Party had wanted Stone sacked when it came to power in 1983, but Keating kept him on, partly to reassure financial markets. As Keating’s confidence in his own judgement grew, Stone’s influence waned.

    Stone announced his resignation just before the August 1984 budget and made a scathing attack on many of the government’s policies in his 1984 Shann Memorial Lecture at the University of Western Australia.




    Read more:
    Happy birthday AUD: how our Australian dollar was floated, 40 years ago this week


    Politics post-treasury

    Stone isn’t the only treasury official to have gone into politics. Leslie Bury even became treasurer. Jim Short and Arthur Sinodinos became assistant treasurers.

    But Stone was the only former head of the treasury to enter politics. He served as a National Party Senator for Queensland from 1987 to 1990, having been part of the Joh for Canberra campaign which had as its organising principle the anointing of Queensland Premier Joh Bjelke-Petersen as prime minister.

    He was the Senate running mate to Sir Joh’s wife Flo Bjelke-Petersen.

    Stone was twice the Coalition’s finance spokesman, but he was something of a loose cannon. John Howard dropped him from the front bench for a time after he said “Asian immigration has to be slowed”.

    He apparently held ambitions to be treasurer. In 1990 he resigned from the Senate to contest a seat in the House of Representatives that would have made that easier given treasurers are traditionally members of the lower house.

    Stone failed to win it. He then reneged on an earlier promise by nominating to return to his Senate seat. Faced with uproar in the party, he withdrew and his meteoric political career was over.

    He co-founded the HR Nicholls Society, which pressed for the deregulation of industrial relations laws, and the Samuel Griffith Society which concerned itself with states’ rights.

    Stone was active in the Institute of Public Affairs and wrote frequently in Quadrant. He opposed republicanism, centralism, trade unionism, multiculturalism and climate action.

    He died aged 96 and is survived by five children.

    John Hawkins was a senior economist at the Australian Treasury where he wrote a series of biographical essays on Australian treasurers.

    Selwyn Cornish is the Reserve Bank of Australia historian and a former Australian Treasury official.

    ref. From ‘Stone Age’ treasury boss to National Party Senator: John Stone 1929-2025 – https://theconversation.com/from-stone-age-treasury-boss-to-national-party-senator-john-stone-1929-2025-216360

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: From ‘Stone Age’ treasury boss to National Party Senator: John Stone 1929-2025

    Source: The Conversation (Au and NZ) – By John Hawkins, Head, Canberra School of Government, University of Canberra

    AUSPIC

    John Owen Stone AO was a legendary leader of the Commonwealth Treasury. He was secretary (departmental head) from January 1979 to September 1984 but was an intellectual driving force before then as deputy secretary from 1971 to 1978.

    Over those years he dealt with eight treasurers: Billy Snedden, Gough Whitlam, Frank Crean, Jim Cairns, Bill Hayden, Phillip Lynch, John Howard and Paul Keating.

    It is a sign of his influence that those years were dubbed the “Stone Age” by South Australian Premier Don Dunstan and others.

    Former Defence Department heads Arthur Tange and Tony Ayers were at various times called the “last of the mandarins” but Stone is probably truly the last.

    In 1978 journalist Paul Kelly called Stone “one of the two men who ran the nation”, the other being then prime minister Malcolm Fraser.

    It is hard to think of any later public servant about whom that could be said.

    Stone’s entry in the Senate’s biographical dictionary captures him well:

    he could be charming, witty and flattering, but he is often decried as being obstinate and arrogant.

    A Reserve Bank official is said to have said “I wish I was as certain about one thing as John Stone is about everything.”

    This obduracy cemented the Treasury’s reputation for arrogance and weakened its influence.

    Early years – from physics to economics

    John was born in 1929, the elder of two sons of a farmer and a primary school teacher. His childhood was spent in the Western Australian wheat belt. But after his parents divorced when he was 12, he moved with his mother to Perth.

    He attended Perth Modern School where contemporaries included Bob Hawke, Rolf Harris and Maxwell Newton.

    He graduated with first-class honours from the University of Western Australia in 1950, majoring in mathematical physics, and served as president of the students’ association.

    While there he met Billy Snedden, who two decades later would be Prime Minister William McMahon’s treasurer and with whom Stone would work as treasury deputy secretary.

    In 1951 he won a Rhodes scholarship. He initially enrolled for a physics degree at Oxford, but switched to economics, graduating with a Bachelor of Arts in Politics, Philosophy and Economics.

    He joined Australia’s Treasury, initially in its London office, in 1954. The same year he married Nancy Hardwick, a biochemical researcher, and they would have five children.

    The mandarin who put Treasury first

    Stone was an admirer of fellow Rhodes scholar Sir Roland Wilson, the longest-serving Treasury secretary with doctorates from Oxford and Chicago.

    Along with Wilson, Stone was a strong critic of the 1965 report of the Committee of Economic Inquiry known as the Vernon Report which called for greater planning and an independent economic advisory committee whose advice would have rivalled Treasury’s and succeeded in having Prime Minister Menzies reject it.

    In the late 1960s as treasury’s representative he was an executive director at the International Monetary Fund and defied his treasurer William McMahon by voting against the introduction of Special Drawing Rights that gave members rights over other members’ reserves.

    Stone believed that was why he was passed over for the secretary’s position when Frederick Wheeler was appointed in 1971.

    At treasury in the 1970s, Stone publicly clashed with members of a global environmental group called the Club of Rome about whether there were environmental limits to economic growth.

    During a public meeting in Canberra in 1973, he argued the world would not run out of the resources it needed because price rises would create incentives to use them more efficiently and develop substitutes.

    These ideas permeated the treasury’s second economic research paper called Economic Growth – is it Worth Having? which he heavily influenced.

    Stone claimed to have personally drafted the words in Treasurer Bill Hayden’s 1975 budget statement that said Australia was

    no longer operating in that simple Keynesian world in which some reduction in unemployment could, apparently, always be purchased at the cost of some more inflation.

    Stone was the driving force behind the subsequent Fraser government’s mantra of “fight inflation first”.

    As a senior Treasury officer, Stone was often openly contemptuous of politicians. He would share these views with journalists at the bar of the Hotel Canberra and in later years at the bar of the National Press Club.

    He was particularly critical when politicians had the temerity to take advice from what he termed “meretricious players” from outside the treasury.

    This attitude led Stone to oppose even the sort of free-market measures he might be expected to like when they were advocated by someone else.

    He unsuccessfully opposed the Whitlam government’s cuts to tariffs in 1973 and some of the recommendations of the Campbell Committee of Inquiry into Australia’s financial system in 1981.

    Fraser is said to have said Stone “believes in the deregulation of everything he does not regulate”.

    Stone also opposed the Hawke government’s decision to float the dollar in 1983.

    He argued the timing was wrong and that the dollar would appreciate, weakening the economy. After rising for a short time, the dollar actually depreciated and the economy performed strongly.

    Ludicrously, Stone denied having ever opposed it.

    Many in the Labor Party had wanted Stone sacked when it came to power in 1983, but Keating kept him on, partly to reassure financial markets. As Keating’s confidence in his own judgement grew, Stone’s influence waned.

    Stone announced his resignation just before the August 1984 budget and made a scathing attack on many of the government’s policies in his 1984 Shann Memorial Lecture at the University of Western Australia.




    Read more:
    Happy birthday AUD: how our Australian dollar was floated, 40 years ago this week


    Politics post-treasury

    Stone isn’t the only treasury official to have gone into politics. Leslie Bury even became treasurer. Jim Short and Arthur Sinodinos became assistant treasurers.

    But Stone was the only former head of the treasury to enter politics. He served as a National Party Senator for Queensland from 1987 to 1990, having been part of the Joh for Canberra campaign which had as its organising principle the anointing of Queensland Premier Joh Bjelke-Petersen as prime minister.

    He was the Senate running mate to Sir Joh’s wife Flo Bjelke-Petersen.

    Stone was twice the Coalition’s finance spokesman, but he was something of a loose cannon. John Howard dropped him from the front bench for a time after he said “Asian immigration has to be slowed”.

    He apparently held ambitions to be treasurer. In 1990 he resigned from the Senate to contest a seat in the House of Representatives that would have made that easier given treasurers are traditionally members of the lower house.

    Stone failed to win it. He then reneged on an earlier promise by nominating to return to his Senate seat. Faced with uproar in the party, he withdrew and his meteoric political career was over.

    He co-founded the HR Nicholls Society, which pressed for the deregulation of industrial relations laws, and the Samuel Griffith Society which concerned itself with states’ rights.

    Stone was active in the Institute of Public Affairs and wrote frequently in Quadrant. He opposed republicanism, centralism, trade unionism, multiculturalism and climate action.

    He died aged 96 and is survived by five children.

    John Hawkins was a senior economist at the Australian Treasury where he wrote a series of biographical essays on Australian treasurers.

    Selwyn Cornish is the Reserve Bank of Australia historian and a former Australian Treasury official.

    ref. From ‘Stone Age’ treasury boss to National Party Senator: John Stone 1929-2025 – https://theconversation.com/from-stone-age-treasury-boss-to-national-party-senator-john-stone-1929-2025-216360

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Economics: Catalysing Sustainable & Green Infrastructure Financing for Achieving Net Zero – Inaugural Address delivered by Shri M Rajeshwar Rao, Deputy Governor, Reserve Bank of India – July 03, 2025 – at the Conference on Green Infrastructure Finance at College of Agriculture Banking, RBI, Pune

    Source: Reserve Bank of India

    Catalysing Sustainable & Green Infrastructure Financing for Achieving Net Zero
    (Inaugural Address delivered by Shri M Rajeshwar Rao, Deputy Governor, Reserve Bank of India – July 03, 2025 – at the Conference on Green Infrastructure Finance at College of Agriculture Banking, RBI, Pune)

    MIL OSI Economics

  • MIL-OSI Economics: Secretary-General of ASEAN briefs the Diplomatic Corps and the Media on Key Takeaways from the 58th ASEAN Foreign Ministers’ Meeting and Related Meetings in Kuala Lumpur, Malaysia

    Source: ASEAN

    At the ASEAN Headquarters/ASEAN Secretariat today, Secretary-General of ASEAN, Dr. Kao Kim Hourn, briefed the diplomatic corps and the media on the key outcomes of the 58th ASEAN Foreign Ministers’ Meeting (AMM), Post-Ministerial Conferences (PMC), 26th ASEAN Plus Three Foreign Ministers’ Meeting, 15th EAS Foreign Ministers’ Meeting, 32nd ASEAN Regional Forum and Related Meetings, held in Kuala Lumpur, Malaysia, on 8-11 July 2025. Representatives from ASEAN Committees in Third Countries and International Organisations (ACTCs) also joined the Briefing virtually. Dr. Kao shared the key takeaways from the series of meetings, which underscored ASEAN Centrality, the continued relevance of ASEAN-led mechanisms, and the strong support from external partners for ASEAN Community-building efforts, following the recent adoption of ASEAN 2045: Our Shared Future by the ASEAN Leaders in May 2025. The briefing was livestreamed to the general public via the ASEAN Secretariat’s YouTube channel.
     

    The post Secretary-General of ASEAN briefs the Diplomatic Corps and the Media on Key Takeaways from the 58th ASEAN Foreign Ministers’ Meeting and Related Meetings in Kuala Lumpur, Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Europe: Written question – EU funding going to Putin’s military allies in his war against Ukraine – E-002847/2025

    Source: European Parliament

    Question for written answer  E-002847/2025
    to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy
    Rule 144
    Hermann Tertsch (PfE)

    The same Ukrainian intelligence sources that warned that North Korean soldiers had been deployed to the Russian front[1] are now warning that soldiers from the Lao People’s Democratic Republic – a one-party communist regime allied with Moscow and Beijing – will soon join them[2].

    The European Union has allocated EUR 550 million to the Lao People’s Democratic Republic for 2021-2025, with an initial EUR 98 million contribution through the Neighbourhood, Development and International Cooperation Instrument. In addition, since the country is a member of the Association of South-East Asian Nations (ASEAN), the Lao Government benefits from other multi-million-euro EU programmes[3].

    In view of this:

    • 1.What does the VP/HR have to say about the fact that the EU would be indirectly funding Russia’s invasion of Ukraine if Lao soldiers joined Kim Jong-un’s on the Russian front? How is the EU’s profession of unconditional support for Ukraine consistent with it funding its aggressors?
    • 2.How does the VP/HR justify the EU providing millions of euros to a dictatorship that is friends with China and Russia?

    Submitted: 11.7.2025

    • [1] https://apnews.com/article/russia-ukraine-war-north-korea-troops-9d83c419ef741259d09860b576b8a27d
    • [2] https://kyivindependent.com/russia-seeks-to-involve-laos-in-war-against-ukraine-military-intelligence-claims-06-2025/
    • [3] https://international-partnerships.ec.europa.eu/countries/lao-peoples-democratic-republic_en
    Last updated: 18 July 2025

    MIL OSI Europe News

  • Depression over MP, UP triggers heavy rains across India: IMD

    Source: Government of India

    Source: Government of India (4)

    The India Meteorological Department (IMD) on Friday predicted heavy to very heavy rainfall across several parts of India, influenced by a depression over northwest Madhya Pradesh and adjoining southwest Uttar Pradesh. The weather system is expected to bring widespread rain to Madhya Pradesh and Rajasthan over the next two days, with isolated locations in western Madhya Pradesh and Rajasthan likely to witness extremely heavy rainfall on July 18.

    Southern states including Kerala, Karnataka, and Tamil Nadu are also forecast to receive heavy to very heavy rainfall over the next 6 to 7 days. Kerala is expected to witness extremely heavy rainfall from July 18 to 20, while coastal Karnataka is likely to experience similar intensity on July 18. Isolated extremely heavy rainfall is also likely in Rajasthan, Coastal Karnataka, and parts of Uttarakhand on July 18, and again in Uttarakhand on July 20 and 21.

    Rainfall activity will intensify in multiple regions over the coming days, including Uttarakhand, western Uttar Pradesh, Himachal Pradesh, Kerala and Mahe, coastal and south interior Karnataka, Tamil Nadu, coastal Andhra Pradesh, sub-Himalayan West Bengal and Sikkim, Odisha, Konkan and Goa, and the ghat areas of central Maharashtra. The IMD has advised close monitoring as several of these regions are likely to experience very heavy to extremely heavy rainfall through the next week.

    In the past 24 hours, extremely heavy rainfall (more than 21 cm) was recorded at isolated places in eastern Madhya Pradesh and eastern Uttar Pradesh. Heavy to very heavy rain was also reported from parts of coastal Karnataka, Andhra Pradesh, Telangana, Odisha, west Madhya Pradesh, eastern Rajasthan, and western Uttar Pradesh. Several states in the northeast and central India also witnessed significant rainfall.

    Weather forecast for Delhi-NCR

    In Delhi-NCR, the weather is expected to remain generally cloudy with light rain and thunderstorms over the next few days.

    Today, residents can expect light showers accompanied by strong surface winds reaching up to 45 kmph during thunderstorms. Temperatures will remain near normal, with highs ranging from 34 to 36°C.

    From July 19 to 21, the capital will experience partly cloudy skies and intermittent light rain. Minimum temperature will be slightly below normal, while maximum temperature is expected to remain near or slightly below normal. Winds will vary in direction and speed through the day, gradually decreasing into the evenings.

  • PM Modi announces ₹15,000 incentive for first-time private sector employees at Motihari rally

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi, during his visit to Bihar on Friday, inaugurated and laid the foundation stone for development projects worth over ₹7,200 crore at a massive public gathering at Gandhi Maidan in Motihari, East Champaran.

    As part of the event, the Prime Minister also flagged off four Amrit Bharat trains, boosting rail connectivity in the region.

    In a major announcement aimed at youth employment, PM Modi said the Centre has approved a new scheme under which ₹15,000 will be provided to every individual employed for the first time in a private company. The scheme will come into effect from August 1, with the government allocating ₹1 lakh crore for its implementation.

    “New employment for new youth. The youth of Bihar will benefit greatly from this,” the Prime Minister said.

    Calling for the eastern states to lead India’s development journey, PM Modi emphasised that the region, particularly Bihar, holds vast potential.

    “Our resolve is a developed Bihar and employment for every youth. Young people should find opportunities within the state itself. To support this, large-scale government recruitment drives have been conducted, and the Centre is working shoulder-to-shoulder with the Bihar government,” he added.

    —IANS

  • MIL-OSI Russia: Yandex Market to Open First Seller Service Center in China

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 18 (Xinhua) — Russia’s leading e-commerce platform Yandex Market announced the opening of its first seller service center in China in Hangzhou, capital of east China’s Zhejiang Province.

    According to the China Daily newspaper, Yandex Market and the Department of Commerce of Yuhang District of Hangzhou officially signed a cooperation agreement during the Global Cross-Border E-commerce Trade Expo held in Hangzhou.

    As the representative of the Yandex Market platform noted, the main goal of creating a seller service center in Hangzhou is to provide high-quality services to sellers and help them quickly enter the Russian market. Moreover, in 2025, Yandex Market plans to attract 50 thousand new local sellers.

    Hangzhou has established China’s first comprehensive cross-border e-commerce pilot zone, with a large number of experienced merchants targeting markets in Europe, the United States, Southeast Asia and other regions. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Reappointment of Executive Directors to SFC

    Source: Hong Kong Government special administrative region – 4

    The Government announced today (July 18) that the Financial Secretary, under the authority delegated by the Chief Executive pursuant to the Securities and Futures Ordinance (Cap. 571), has reappointed Ms Christina Choi Fung-yee, Mr Rico Leung Chung-yin and Mr Michael Duignan as the Executive Directors of the Securities and Futures Commission (SFC) for a term of three years from August 1, 2025, August 28, 2025, and November 1, 2025, respectively.
     
    A spokesman for the Financial Services and the Treasury Bureau said, “Ms Choi, Mr Leung and Mr Duignan have made valuable contributions to the work of the SFC. We are confident that they will continue to contribute towards the effective performance of the SFC’s statutory functions to foster market development and sound regulation.”
     
    Ms Choi was appointed as the Executive Director (Investment Products) of the SFC in 2016. She will continue to serve as Executive Director (Investment Products) until October 31, 2025, and assume the post of Executive Director (Corporate Finance) of the SFC with effect from November 1, 2025.
     
    Mr Leung was appointed as the Executive Director (Supervision of Markets) of the SFC in 2019. He will continue to assume the management responsibility for Supervision of Markets.
     
    Mr Duignan was appointed as the Executive Director (Corporate Finance) of the SFC in 2022. He will assume the post of Executive Director (Enforcement) in the new term.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Tender of 3-year RMB HKSAR Institutional Government Bonds to be held on July 24

    Source: Hong Kong Government special administrative region – 4

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

    The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (July 18) that a tender of 3-year RMB Institutional Government Bonds (Bonds) under the Infrastructure Bond Programme will be held on Thursday, July 24, 2025, for settlement on Monday, July 28, 2025.
     
    A total of RMB1.25 billion 3-year RMB Bonds will be tendered. The Bonds will mature on July 28, 2028 and will carry interest at the rate of 1.59 per cent per annum payable semi-annually in arrear.
     
    Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the latest published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of RMB50,000 or integral multiples thereof.
     
    Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, Bloomberg (GBHK ) and Refinitiv (IBPGSBPINDEX). The publication time is expected to be no later than 3pm on the tender day.

    HKSAR Institutional Government Bonds Tender Information

    Tender information of 3-year RMB HKSAR Institutional Government Bonds:
     

    Issue Number : 03GB2807001
    Stock Code : 85039 (HKGB1.59 2807-R)
    Tender Date and Time : Thursday, July 24, 2025
    9.30am to 10.30am
    Issue and Settlement Date : Monday, July 28, 2025
    Amount on Offer : RMB1.25 billion
    Maturity : 3 years
    Maturity Date : Friday, July 28, 2028
    Interest Rate : 1.59 per cent p.a. payable semi-annually in arrear
    Interest Payment Dates : January 28 and July 28 in each year, commencing on the Issue Date up to and including the Maturity Date, subject to adjustment in accordance with the terms of the Institutional Issuances Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme (Information Memorandum) published on the Hong Kong Government Bonds website.
    Method of Tender : Competitive tender
    Tender Amount : Each competitive tender must be for an amount of RMB50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the latest published list.
    Other Details : Please see the Information Memorandum available on the Hong Kong Government Bonds website or approach Primary Dealers.
    Expected commencement date of dealing on
    the Stock Exchange
    of Hong Kong Limited
    : Tuesday, July 29, 2025
    Use of Proceeds : The Bonds will be issued under the institutional part of the Infrastructure Bond Programme. Proceeds will be invested in infrastructure projects in accordance with the Infrastructure Bond Framework published on the Hong Kong Government Bonds website.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: DSJ meets with SCIA President to discuss development and collaboration in sports dispute resolution between Hong Kong and Shenzhen (with photo)

    Source: Hong Kong Government special administrative region – 4

         The Deputy Secretary for Justice, Dr Cheung Kwok-kwan, met with the President of the Shenzhen Court of International Arbitration, Dr Liu Xiaochun, in Shenzhen today (July 18) to discuss development and collaboration in the field of sports dispute resolution between Hong Kong and Shenzhen.
     
         After the meeting, Dr Cheung said that the Department of Justice (DoJ) is committed to promoting the diversified development of sports dispute resolution services in Hong Kong and is actively promoting co-operation in sports dispute resolution services between Hong Kong and the Mainland, as well as other regions overseas, with a view to building Hong Kong into a sports dispute resolution services centre in the Asia-Pacific region.
     
         Dr Cheung said that Hong Kong has always been recognised and trusted by the international community for its arbitration and mediation services, and maintains a rich pool of talent in sports dispute resolution services. Shenzhen has long been a close partner of Hong Kong in arbitration, and has been actively participating in the national development of sports arbitration in recent years. He expressed hope that Hong Kong and Shenzhen can strengthen co-operation in sports dispute resolution, giving full play to the Guangdong-Hong Kong-Macao Greater Bay Area’s advantages of “one country, two systems and three jurisdictions” and promoting the development of sports dispute resolution services in the two places with innovative thinking.

         Dr Cheung also mentioned that the DoJ is taking forward the pilot scheme on sports dispute resolution as announced in “The Chief Executive’s 2024 Policy Address” at full steam on the local level. The invitation for the industry to submit proposals for operation of the pilot scheme began at the end of last month, with the aim of identifying a suitable administering body and a technology service provider to provide a fast, reliable and neutral resolution mechanism for sports disputes. The period for submission of proposals will end on July 31 and the pilot scheme is expected to be launched in the second half of the year.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Companies Registry releases statistics for first half of 2025

    Source: Hong Kong Government special administrative region – 4

    A total of 84,293 local companies were newly registered during the first half of 2025, according to the statistics released by the Companies Registry today (July 18). As at the end of June this year, the total number of local companies registered under the Companies Ordinance reached 1,494,806, which is an all-time high figure.
     
    In the first half of 2025, 761 non-Hong Kong companies have newly established a place of business in Hong Kong and were registered under the Companies Ordinance. The total number of registered non-Hong Kong companies reached 15,509 by the end of June 2025, which is also an all-time high figure.
     
    In line with the Government’s policies on facilitating business as well as attracting enterprises and investments, two improvement measures for the Companies Ordinance came into operation during the first half of 2025. The first measure is the Companies (Amendment) Ordinance 2025, which has become effective since April 17, 2025. It aims at enabling listed companies incorporated in Hong Kong to hold shares bought back in the treasury and dispose of them, and promoting paperless corporate communication for both listed and unlisted Hong Kong companies. The second measure is the Companies (Amendment) (No. 2) Ordinance 2025, which has become effective since May 23, 2025. It introduces a company re-domiciliation regime in Hong Kong that offers non-Hong Kong corporations a simple and cost-effective route to re-domicile to Hong Kong while preserving their legal identity and operational continuity.
     
    The number of charges on properties of companies received for registration in the first half of 2025 was 5,970. The number of notifications of payments and releases received for registration in the same period was 9,915.
     
    The number of documents delivered to the Registry for registration during the first six months of 2025 was 1,678,809.
     
    A total of 2,615,652 searches of document image records were conducted using the Registry’s electronic search services in the first half of 2025.
     
    For limited partnership funds (LPFs), the number of new registration in the first half of 2025 was 116. The total number of LPFs by the end of June 2025 was 1,099.
     
    For open-ended fund companies (OFCs), the number of new incorporation in the first half of 2025 was 109. The total number of OFCs by the end of June 2025 was 579.
     
    As for the licensing of trust or company service providers, during the first half of 2025, 350 new licences were granted by the Registry. The total number of licensees was 6,971 as at the end of June.
     
    For the licensing of money lenders, during the first half of 2025, 71 new licences were granted by the Licensing Court. The total number of licensed money lenders was 2,046 as at the end of June.
     
    For details of the half-yearly statistics, please visit the “Statistics” section of the Registry’s website (www.cr.gov.hk).

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Amendment Regulations on streamlining of permit applications for cross-boundary vehicles gazetted

    Source: Hong Kong Government special administrative region – 4

    The Road Traffic (Registration and Licensing of Vehicles) (Amendment) (No. 2) Regulation 2025, the Road Traffic (Registration and Licensing of Vehicles) (Amendment) (No. 3) Regulation 2025, the Road Traffic (Registration and Licensing of Vehicles) (Amendment) (No. 5) Regulation 2025 and the Road Traffic (Traffic Control) (Amendment) Regulation 2025 (collectively the Amendment Regulations) were gazetted today (July 18). The Amendment Regulations seek to provide greater convenience for cross-boundary vehicles by streamlining the arrangements of Closed Road Permits (CRP) and International Circulation Permits (ICP).

    A spokesperson for the Transport and Logistics Bureau said, “With the increasingly frequent traffic flow among Guangdong, Hong Kong and Macao, the Government has been proactively enhancing the relevant licensing services of the Transport Department in order to assist drivers and more effectively respond to the growing demand for cross-boundary travel. The Amendment Regulations will streamline the application procedures and requirements, and are expected to reduce and simplify the procedures for applicants/permit holders of the regular quota schemes, Northbound Travel for Hong Kong Vehicles and the recently announced Southbound Travel for Guangdong Vehicles schemes, bringing them greater convenience.”

    The major proposed amendments in the Amendment Regulations include:

    (1) CRP: extending the maximum validity period of CRP from 12 months to 60 months for cross-boundary vehicles, and adjusting the fee levels for CRP to cost-recovery levels; and exempting vehicles participating in designated cross-boundary driving schemes that meet the specified requirements from applying for a CRP based on risk control consideration. As the CRP will either be exempted or with its validity extended, the CRP fees payable by users will generally be reduced; and

    (2) ICP: introducing electronic ICPs (e-ICP) with a streamlined application and collection process, allowing applicants to submit applications and supporting documents online, and to collect e-ICP with self-printing.

    The Government consulted the Legislative Council (LegCo) Panel on Transport on the above streamlining arrangements for CRP and ICP respectively, and received general support from the Members. The Amendment Regulations will be tabled at the LegCo on July 23 for negative vetting. Subject to scrutiny by the LegCo, the exemption arrangement for CRP and the streamlining measures for ICP under the Amendment Regulations will be effective on October 1 this year; and the arrangements for extension of CRP validity period and fees adjustment will be effective on January 1, 2026. The Transport Department will continue to enhance different cross-boundary transport measures, providing a better travel experience for Hong Kong citizens and cross-boundary travellers.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Tender of 1-year RMB HKSAR Institutional Government Bonds to be held on July 24

    Source: Hong Kong Government special administrative region – 4

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

         The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (July 18) that a tender of 1-year RMB Institutional Government Bonds (Bonds) under the Infrastructure Bond Programme will be held on Thursday, July 24, 2025, for settlement on Monday, July 28, 2025.
     
    A total of RMB1.5 billion 1-year RMB Bonds will be tendered. The Bonds will mature on July 28, 2026 and will carry interest at the rate of 1.48 per cent per annum payable semi-annually in arrear.
     
    Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the latest published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of RMB50,000 or integral multiples thereof.
     
    Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, Bloomberg (GBHK ) and Refinitiv (IBPGSBPINDEX). The publication time is expected to be no later than 3pm on the tender day.

    HKSAR Institutional Government Bonds Tender Information

    Tender information of 1-year RMB HKSAR Institutional Government Bonds:
     

    Issue Number : 01GB2607001
    Stock Code : 85038 (HKGB1.48 2607-R)
    Tender Date and Time : Thursday, July 24, 2025
    9.30am to 10.30am
    Issue and Settlement Date : Monday, July 28, 2025
    Amount on Offer : RMB1.5 billion
    Maturity : 1 year
    Maturity Date : Tuesday, July 28, 2026
    Interest Rate : 1.48 per cent p.a. payable semi-annually in arrear
    Interest Payment Dates : January 28 and July 28 in each year, commencing on the Issue Date up to and including the Maturity Date, subject to adjustment in accordance with the terms of the Institutional Issuances Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme (Information Memorandum) published on the Hong Kong Government Bonds website.
    Method of Tender : Competitive tender
    Tender Amount : Each competitive tender must be for an amount of RMB50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the latest published list.
    Other Details : Please see the Information Memorandum available on the Hong Kong Government Bonds website or approach Primary Dealers.
    Expected commencement date of dealing on
    the Stock Exchange
    of Hong Kong Limited
    : Tuesday, July 29, 2025
    Use of Proceeds : The Bonds will be issued under the institutional part of the Infrastructure Bond Programme. Proceeds will be invested in infrastructure projects in accordance with the Infrastructure Bond Framework published on the Hong Kong Government Bonds website.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: GBA Office holds first seminar in Xian to promote GBA development opportunities (with photos)

    Source: Hong Kong Government special administrative region – 4

         The Guangdong-Hong Kong-Macao Greater Bay Area Development Office (GBA Office) today (July 18) held the GBA Via Hong Kong luncheon seminar in Xian to promote the vast opportunities brought about by the development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and the growth potential of Hong Kong’s Northern Metropolis to enterprises in Shaanxi. Over 260 participants attended the event.
     
         The Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area, Ms Maisie Chan, delivered a video speech at the seminar. She said that to fully leverage Hong Kong’s advantage of connecting with both the Mainland and the world, the GBA Office not only expends efforts on overseas publicity and promotion, but also strengthens domestic ties by actively promoting development opportunities in the GBA to different Mainland cities. Commencing the visit in Xian – a national central city in the heart of China – signified a pivotal step in the GBA’s “northbound empowerment” and its connection with the Silk Road Economic Belt. With the support from the Central Authorities and the concerted efforts of various GBA cities, the GBA has continued to flourish in terms of economic strength and competitiveness, advancing towards the goal of becoming a world-class bay area. As a core city and regional development engine of the GBA, and with the unique advantage of having strong support from the motherland and close connection with the world, Hong Kong is an ideal partner for Shaanxi enterprises to expand into the GBA and explore the global market. She encouraged enterprises to establish a presence in Hong Kong and leverage the city as an internationalised platform to go global.
     
         The Deputy Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area, Ms Aubrey Fung, delivered a keynote speech titled “GBA’s development opportunities and Hong Kong’s advantages in empowering Shaanxi enterprises to go global”. She said that the GBA is of immense strategic significance in national development, presenting boundless business opportunities for Shaanxi and global enterprises. Under the “one country, two systems” principle, Hong Kong possesses an excellent business environment that is highly market-oriented and internationalised, underpinned by the rule of law, with distinctive strengths in financial services, innovation and technology, and trade and logistics, etc. With the further deepening of co-operation between Shaanxi and Hong Kong, the city’s unique strengths and Shaanxi’s solid industrial foundation and vibrant technological innovation would create synergy, thereby fostering a win-win outcome and resource complementarity between the two places, and injecting new impetus into the country’s high-quality development.
     
         The Deputy Director of the Northern Metropolis Co-ordination Office, Ms Pecvin Yong, said at the seminar that the Northern Metropolis, aligning with the national development strategy and abutting Shenzhen with a global outlook, can contribute to the GBA becoming a world-class top-notch bay area. The Northern Metropolis also offers development and investment opportunities for Shaanxi’s enterprises. The Hong Kong Special Administrative Region Government will continue to adopt an industry-oriented approach in planning and implementing the Northern Metropolis as well as diversified land disposal approaches, including large-scale land disposal, with a view to attracting talent and resources to Hong Kong, helping the Northern Metropolis to become a new engine for Hong Kong’s economic growth.
     
         Today’s seminar was co-organised by the GBA Office, the Shaanxi Liaison Unit of the Hong Kong Special Administrative Region Government, and the Hong Kong and Macao Affairs Office of the Shaanxi Provincial People’s Government. The seminar also featured a question-and-answer session to facilitate exchanges, enabling participants to gain a deeper understanding of the development potential of the GBA and the Northern Metropolis, and providing a high-value exchange platform for enterprises of the two regions.

    MIL OSI Asia Pacific News