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Category: Asia

  • MIL-OSI China: Prabowo Subianto sworn in as Indonesian president

    Source: China State Council Information Office

    Indonesia’s former army general, Prabowo Subianto, was sworn in as the country’s eighth president on Sunday morning at the parliament building, succeeding Joko Widodo, who led the world’s fourth most populous nation for the past decade.

    Prabowo, who had been serving as defense minister, and his running mate, Gibran Rakabuming Raka, Widodo’s eldest son and former mayor of Surakarta, won the 2024 presidential election held on Feb. 14.

    In his inauguration speech, Prabowo pledged to serve all Indonesians. “We will prioritize the interests of the nation and state above all else,” he stated in his address to the nation.

    Following the ceremony, 73-year-old Prabowo and 37-year-old Gibran, Indonesia’s youngest-ever vice president, will be greeted by cheering crowds as they make their way to the state palace. 

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI Banking: Deputy Secretary-General of ASEAN for Community and Corporate Affairs meets with Speaker of the House of Representatives of Malaysia

    Source: ASEAN

    At the sidelines of the 45th AIPA General Assembly in Lao PDR, Deputy Secretary-General of ASEAN for Community and Corporate Affairs, H.E. Nararya S Soeprapto, held a productive meeting with H.E. Tan Sri Dato’ Johari bin Abdul, Speaker of the House of Representatives of Malaysia. The discussion centred on Malaysia’s upcoming presidency of AIPA in 2025 and the modalities of the 4th AIPA-ASEAN Hearing. During the meeting, DSG Nararya assured Malaysia of ASEAN’s commitment to a successful AIPA Chairmanship, emphasising the Secretariat’s readiness to collaborate on initiatives that will enhance the role of AIPA in ASEAN Community building efforts.

    Photo credit: Parlimen Malaysia
    The post Deputy Secretary-General of ASEAN for Community and Corporate Affairs meets with Speaker of the House of Representatives of Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

    January 24, 2025
  • MIL-OSI Russia: Denis Manturov made a working visit to Indonesia

    MILES AXLE Translation. Region: Russian Federation –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Denis Manturov with Indonesian President Prabowo Subianto

    The First Deputy Prime Minister, on behalf of President Vladimir Putin, headed the Russian delegation at the inauguration of the country’s elected President Prabowo Subianto. Denis Manturov was received by the President of Indonesia and also held talks with the Minister and Coordinator for Economic Affairs of the Republic of Indonesia, Airlangga Hartarto.

    Trade and economic relations between Russia and Indonesia are showing positive dynamics. “Over the past three years, mutual trade turnover has grown by three quarters and by the end of 2023 amounted to 4.1 billion dollars. This year, despite unfavorable external factors, we have generally managed to maintain a stable level of trade turnover,” Denis Manturov noted.

    The First Deputy Prime Minister discussed bilateral cooperation in the trade, economic and humanitarian spheres with his Indonesian colleagues. The conclusion of the Free Trade Agreement between Indonesia and the EAEU is of great importance for strengthening trade and economic cooperation. Work on the draft agreement is at an advanced stage. Speaking about specific industry areas of cooperation, Denis Manturov singled out the agro-industrial complex. “We have restored supplies of Russian wheat to Indonesia and see preconditions for increasing supplies, given Russia’s leading position in the global grain market. Russia is also ready to increase exports of mineral fertilizers in demand in Indonesia, and to meet the needs of Indonesian partners for fuel, including oil and LNG,” he emphasized. Promising areas of cooperation that were also discussed during the working visit were the peaceful use of nuclear energy and the space sector.

    Next year, Russia and Indonesia are preparing to celebrate the 75th anniversary of the establishment of diplomatic relations. The Soviet Union was one of the first countries to recognize Indonesia’s sovereignty and independence from the Netherlands in 1950. A plan of joint events dedicated to the landmark date has already been prepared. An extensive business and cultural program will be provided for as part of the next meeting of the Intergovernmental Russian-Indonesian Commission on Trade and Economic Cooperation, which will take place in March 2025.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://government.ru/nevs/53059/

    MIL OSI Russia News –

    January 24, 2025
  • MIL-OSI Asia-Pac: The other Common Squirrel Monkey of Hong Kong Zoological and Botanical Gardens passed away

    Source: Hong Kong Government special administrative region

    The other Common Squirrel Monkey of Hong Kong Zoological and Botanical Gardens passed away
    The other Common Squirrel Monkey of Hong Kong Zoological and Botanical Gardens passed away
    ******************************************************************************************

         ​The Leisure and Cultural Services Department (LCSD) announced today (October 20) that the other Common Squirrel Monkey of the Hong Kong Zoological and Botanical Gardens (HKZBG) that was put under isolated surveillance was found dead today. The Agriculture, Fisheries and Conservation Department (AFCD) will conduct necropsy on the animal body, to ascertain if the cause of death was the same as the other cases earlier.     At present, one De Brazza’s Monkey that has been isolated since October 13 is still under isolated surveillance and given medication. A total of 11 animals of the HKZBG have passed away since October 13.     The LCSD will continue to close the Mammals Section of the HKZBG, to closely monitor the health conditions of the animals, and continue to provide protective gear and health monitoring for staff who take care of animals. At present, the health conditions of staff concerned are normal. The LCSD has all along been communicating with the Centre for Health Protection of the Department of Health and the AFCD to ensure that appropriate protective measures are taken.

     
    Ends/Sunday, October 20, 2024Issued at HKT 19:00

    NNNN

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI New Zealand: ACT challenges Brian Tamaki’s racist, ignorant campaign targeting immigrants

    Source: ACT Party

    ACT Ethnic Communities spokesperson Dr Parmjeet Parmar is challenging Brian Tamaki after Indian New Zealanders and other ethnic communities raised concerns about a new campaign to “Make NZ Kiwi Again” which targets immigrants.

    “I have been approached by representatives of ethnic communities in New Zealand alarmed to see Brian Tamaki is promoting conspiracy theories about an ‘Indian invasion’. In a long video tirade, Tamaki rails against Hindu temples, Indian civil aviation officials, and the proposed free trade deal with India.

    “Tamaki wants New Zealanders to march to ‘Make NZ Kiwi Again’ , but he cannot be very Kiwi himself if he has forgotten our fundamental history and values. Every New Zealander has either crossed an ocean to build a life here, or is descended from someone who did. Kiwis believe in freedom and a fair chance for anyone who’s willing to offer their efforts to society.

    “I hope Brian Tamaki doesn’t have to visit hospital any time soon, but if he does, he will experience firsthand the contribution of immigrant doctors, nurses, and carers that have made New Zealand home.

    “The construction sector is powered by migrants who are literally building New Zealand’s future. Others develop cutting-edge technology right here in New Zealand to solve problems, boost exports, and create jobs that benefit us all.

    “The migrant community shouldn’t be feared – they should be embraced for all they bring to New Zealand.

    “Tamaki warns that Indians are ‘not bad people, but they have intentions’. That is part is true – we have intentions to build peaceful and prosperous lives, raise educated children, and open businesses that offer value to New Zealand.

    “Brian Tamaki is a shameless self-promoter and is clearly willing to tap into any negative sentiment that draws attention and outrage. This week it’s Indians, next week it will be another group. It’s tempting to ignore him, but when he seeks to define who is and isn’t a Kiwi, he must be challenged.”

    MIL OSI New Zealand News –

    January 24, 2025
  • MIL-Evening Report: It would cost billions, but pay for itself over time. The economic case for air conditioning every Australian school

    Source: The Conversation (Au and NZ) – By Geoff Hanmer, Adjunct Professor of Architecture, University of Technology Sydney

    Later this week the government will receive the report of the year-long independent inquiry into its handling of the COVID pandemic.

    Among the issues it will have to contend with is air quality, in particular the air quality in high occupancy public buildings such as schools, aged-care facilities, shops, pubs and clubs.

    Many already have high quality air. High-fitration air conditioning (so-called mechanical ventilation) is standard in offices, hospitals and shopping centres.

    But not in schools. Almost all of our schools (98% in NSW) use windows.

    In Australia’s national construction code, this is called “natural ventilation” and it is allowed so long as the window, opening or door has a ventilating area of not less than 5% of the floor area, a requirement research suggests is insufficient.

    Windows, but no requirement to keep them open

    There’s no requirement to actually open the windows. School windows are often shut to keep in the heat in (or to keep out the heat in summer).

    The result can be very, very stuffy classrooms, far stuffier than we would tolerate in shopping centres. This matters for learning. Study after study has found that when air circulation gets low, people can’t concentrate well or learn well.

    And they get sick. Diseases such as flu, COVID and respiratory syncytial virus (RSV) spread when viruses get recirculated instead of diluted with fresh air.

    The costs of the resulting sickness are borne by students, parents, teachers and education systems that need to find replacement staff to cover for teachers who are sick and parents who need to look after sick children at home.

    A pilot study prepared for the Australian Research Council Centre for Advanced Building Systems Against Airborne Infection (known as “Thrive”), suggests the entire cost of installing high-filtration air conditioning in every Australian school would be offset by the savings in reduced sickness.

    What classroom air is like

    The study carried out by the education architecture firm ARINA compared the ventilation of 60 so-called naturally ventilated schools in southern NSW and the Australian Capital Territory to that of a school in Sydney that happened to have been fitted with a Standards Australia-compliant air conditioning system to control aircraft noise.

    It used carbon dioxide levels to measure ventilation. Carbon dioxide is a good proxy for ventilation because its levels are determined by both the number of people breathing out concentrated carbon dioxide and the clean air available to dilute it.

    Under a normal load, defined as 26 students, one teacher and one assistant, measured levels of carbon dioxide in the air-conditioned school stayed below 750 parts per million (ppm) and were typically between 500 and 600 ppm.

    A reading of 700 ppm is particularly good. It means the people in the room breathe in less than 0.5% of air breathed out by others.

    But in “naturally ventilated” classrooms the reading often climbed to 2,500 ppm and sometimes more, within an hour of a class commencing.

    At 2,500 parts per million, people in the room are breathing in 5.5% of the air breathed out by others. This is also high enough to affect cognition, learning and behaviour, something that begins when carbon dioxide climbs above 1,200 ppm.

    Research suggests using ventilation to cut carbon dioxide to 700 ppm can cut the risk of airborne transmission of disease by a factor of two and up to five.

    The economic case for healthy air

    In 2023, Australia had 9,629 schools with 4,086,998 students.

    ARINA has previously estimated the cost of ensuring all of these schools are mechanically ventilated at A$2 billion per year over five years.

    Offsetting that cost would be less sickness. Documents released under freedom of information laws show Victoria spent $360.8 million on casual relief teachers between May 2023 and May 2024, 54% more than before COVID in 2019.

    The figures for other states are harder to get, but if Victoria (with 26% of Australia’s population) is spending $234 million more per year on casual relief teachers than before COVID, it is likely that Australia is spending $900 million per year more.

    Add in the teachers in non-government schools (37% of Australia’s total) and the potential saving from air conditioning schools exceeds $1 billion per year.

    Add in the other non-COVID viruses that would no longer be concentrated and circulated in classrooms and the potential savings grow higher still.

    Worth more than $1 billion per year

    And, in any event, the cost of replacement teachers is a woefully incomplete measure of the cost of illness in schools. Many ill teachers can’t be replaced because replacements aren’t available, making schools cancel lessons and combine classes, costing days, weeks and sometimes months of lost education.

    Also, the bacteria and viruses spread by recirculated air infect students as well as teachers, keeping students (and often their parents) at home as well.

    This suggests the costs per year of not air conditioning schools exceed $1 billion and may well approach or exceed $2 billion, which is the estimated cost per year over five years of air conditioning every Australian school.

    Natural ventilation was never a good idea for classrooms: it was cheap at the time, but not cheap at all when the costs are considered. Those costs happen to extend beyond disease to thermal comfort, energy use and the ability of students to concentrate.

    It’s time we gave students and teachers the kind of protections we demand for ourselves in our offices, our shopping centres and often our homes. It would soon pay for itself.

    Geoff Hanmer is a member of the executive of the Industry Training and Transformation Centre for Advanced Building Systems against Airborne Infection Transmission (known as Thrive) which receives funding from the Australian Research Council, QUT, the University of Melbourne and industry partners in North America, Europe, Asia and Australia. He is a director of the health expert body OzSAGE and the managing director of ARINA, an architectural consultancy.

    – ref. It would cost billions, but pay for itself over time. The economic case for air conditioning every Australian school – https://theconversation.com/it-would-cost-billions-but-pay-for-itself-over-time-the-economic-case-for-air-conditioning-every-australian-school-241465

    MIL OSI Analysis – EveningReport.nz –

    January 24, 2025
  • MIL-OSI USA: Disaster Recovery Center Opens in Mecklenburg County

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center Opens in Mecklenburg County

    Disaster Recovery Center Opens in Mecklenburg County

    RALEIGH, N.C. –  A Disaster Recovery Center (DRC) will open Monday, Oct. 21 in Charlotte (Mecklenburg County) to assist North Carolina survivors who experienced loss from Tropical Storm Helene. 

    The Mecklenburg County DRC is located at: 

    Corvian Community School
    9501 David Taylor Drive
    Charlotte, NC 28262
    Open: 8 a.m. – 7 p.m., Monday through Sunday

    A DRC is a one-stop shop where survivors can meet face-to-face with FEMA representatives, apply for FEMA assistance, receive referrals to local assistance in their area, apply with the U.S. Small Business Administration (SBA) for low-interest disaster loans and much more.

    FEMA financial assistance may include money for basic home repairs, personal property losses or other uninsured, disaster-related needs, such as childcare, transportation, medical needs, funeral or dental expenses.

    Centers are already open in Asheville, Bakersville, Boone, Brevard, Hendersonville, Jefferson, Lenoir, Marion, Morganton, Newland, Old Fort, Sparta, Sylva and Waynesville. To find those center locations, go to fema.gov/drc or text “DRC” and a zip code to 43362. Additional recovery centers will open soon. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology. 

    Homeowners and renters in 39 North Carolina counties and tribal members of the Eastern Band of Cherokee Indians can visit any open center, including locations in other states. No appointment is needed. 

    It is not necessary to go to a center to apply for FEMA assistance. The fastest way to apply is online at DisasterAssistance.gov or via the FEMA app. You may also call 800-621-3362. If you use a relay service, such as video relay, captioned telephone or other service, give FEMA your number for that service.
     

    aubrey.pound
    Sun, 10/20/2024 – 19:20

    MIL OSI USA News –

    January 24, 2025
  • MIL-OSI New Zealand: New Zealand celebrates epic sporting weekend

    Source: New Zealand Government

    New Zealanders have a huge amount to be proud about after five national sporting teams celebrated historic wins over the weekend, Sport & Recreation Minister Chris Bishop says.

    “In New Zealand’s history there haven’t been too many sporting weekends like the one we’ve just seen, with epic wins from Team New Zealand, the White Ferns, the Black Caps, the Silver Ferns and the Paddle Ferns,” Mr Bishop says.

    “I know lots of Kiwis will be bleary-eyed today after a couple of long nights watching our teams go up against the best, but I bet they’re as stoked at the results and as proud of our teams as I am.

    “The excitement started around 1am Sunday morning when Emirates Team New Zealand, who were on match point, took to the water off Barcelona with INEOS Britannia. Kiwi sailing fans with long memories were probably pretty nervous at this point, and they probably chewed through their fingernails as the Brittania clawed their way back to dead even around the midway mark – but Team New Zealand’s Taihoro was dominant in the end, finishing 37 seconds ahead. This three-peat victory by Team New Zealand was the first time any team has won the Cup three times in more than 30 years – a brilliant achievement by the team.

    “The next sporting victory was on Sunday evening from the Black Caps who took out the first test in the series against India. This was just New Zealand’s third win against India in India ever, and our first since 1988. The Hutt Valley’s own Rachin Ravindra (deservedly Man of the Match) made a century in the first innings and helped chase down the target in the second innings, finishing unbeaten. 

    “There was also sporting action in Wellington on Sunday evening with the Silver Ferns taking on the world champion Diamonds in the Constellation Cup. The Ferns were dominant from the start, playing a bold attacking game which showed in the final score of 64-50 – the highest the Silver Ferns have ever scored against the Diamonds in regular time. The Ferns and the Diamonds have been pretty even in recent years so a 14 goal victory is an awesome achievement. While there are still three games to go, this is a brilliant start.

    “That wasn’t all for Sunday evening though: over in China the Paddle Ferns, our women’s national Canoe Polo team, took on Italy in the final of the Canoe Polo World Cup and stormed home with the silverware. The final score of 6:1 shows how strong the Paddle Ferns were – continuing a long and proud history of excellence in the sport. 

    “And then to round out a truly amazing sporting weekend, at 3am Monday morning the White Ferns, led by Sophie Devine, stepped up to face South Africa in the women’s T20 World Cup final in Dubai and absolutely smashed it, bringing home their first World Cup since the One Day International in 2000. Amelia Kerr’s 43 runs off 38 balls, and then taking 3 wickets for 24 set our team up for their magnificent performance. 

    “All in all, I think this was a weekend that will go down in New Zealand’s sporting annals. All five teams should know that their country is enormously proud of them. 

    “And I think Kiwi sports fans can be forgiven if they’re caught yawning at work today, after so much sporting excitement packed into one weekend!”

    MIL OSI New Zealand News –

    January 24, 2025
  • MIL-OSI United Kingdom: Green growth and security to underpin UK relationships with Indonesia and South Korea

    Source: United Kingdom – Executive Government & Departments

    Foreign Secretary David Lammy visits Indonesia and South Korea.

    Foreign Secretary David Lammy meets with President of Indonesia, Prabowo Subianto on his visit to Indonesia. Picture by Ben Dance / FCDO

    • UK will put green growth and security at the centre of our relationships across the region. 
    • Government will step up efforts towards a new, deeper Strategic Partnership with crucial G20 partner Indonesia to support green innovation and accelerate the clean energy transition.
    • Driving forward further security collaboration, the Foreign Secretary will visit South Korea to galvanise work on defence, clean energy and growth.

    A new chapter in the relationship between the UK and Indonesia, a vital Indo-pacific and G20 partner, begins with the Foreign Secretary arriving in Jakarta today (20th October).

    The Foreign Secretary will attend the inauguration of President Prabowo Subianto, as the UK and Indonesia celebrate seventy five years of diplomatic relations this year. With new governments in the UK and Indonesia, both countries will work together to build a deeper Strategic Partnership that delivers growth and security while ensuring a sustainable future for our planet. 

    Reinforcing the UK and South Korea’s shared global values, David Lammy will travel onwards to Seoul where he will visit the Demilitarized Zone and underline our geopolitical collaboration on security, climate and growth with another G20 power in the Indo-Pacific. 

    In South Korea the Foreign Secretary will witness first-hand the geopolitical reality and immediacy of the divided Korean peninsula and the ongoing threat posed by North Korea. 

    Foreign Secretary, David Lammy, said: 

    Our South Korean partners have stood side-by-side with us in defence of Ukraine whilst also working to preserve regional stability here on the Korean peninsula.

    It is a stark reminder of the interconnectedness of conflict, with North Korea supporting Russia and prolonging conflict on Europe’s borders whilst their illegal weapons of mass destruction programme threatens regional security. That is why it is so important for the UK to engage globally over conflict on our continent and security beyond it.

    Indonesia is a key player in our fight to tackle the climate crisis – and our new governments are working together to build a strategic partnership that delivers green growth, deepens our cooperation on security and ensures a sustainable future for our planet. 

    Right across this region, we are working to further unlock growth, trade and green innovation.

    Underlining the UK and South Korea’s joint commitment to upholding peace both on the Korean Peninsula and across the globe, the Foreign Secretary will announce the first UK and South Korea Foreign and Defence Ministerial 2 + 2 Dialogue. This set-piece consultation will provide a formalised space to further enhance cooperation in addressing regional and global challenges to peace and security. 

    The Ministerial 2 + 2 will sit alongside an Inaugural UK-Korea Hybrid Threats Dialogue, which will enable discussion on issues of shared national interest and identification of new opportunities to tackle shared threats together – jointly improving our resilience. 

    The Foreign Secretary’s visit to both Indonesia and South Korea will also be underpinned by the UK’s international leadership on the climate crisis, through clean power and green solutions.  

    In Indonesia, the Foreign Secretary will meet Indonesian companies supported by the UK to spearhead green innovations. He will also see first-hand the UK expertise being deployed to support sustainable infrastructure development in Indonesia. 

    In the Republic of Korea, Mr Lammy will visit Ewha Women’s University to share expertise and experience on the UK’s and South Korea’s clean energy transition. Focusing on how both countries can deliver female leadership in climate and growth, the Foreign Secretary will meet with the university’s President, Kim Eun Mee, and leaders within the climate sphere.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

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    Updates to this page

    Published 20 October 2024

    MIL OSI United Kingdom –

    January 24, 2025
  • MIL-OSI New Zealand: Foreign Minister represents NZ at Indonesian Presidential inauguration

    Source: New Zealand Government

    Foreign Minister Winston Peters has concluded a visit to Indonesia, where he attended the inauguration of President Prabowo Subianto. 

    “It was a pleasure meeting President Prabowo in Jakarta for the second time this year,” Mr Peters says. 

    “Indonesia is a key partner for New Zealand in the Indo-Pacific, for our security, our trade, and on regional and global issues. We look forward to working with President Prabowo and his new administration as we continue to strengthen our strong and enduring bilateral relationship.” 

    Mr Peters also had a number of informal engagements with other leaders in the margins of the inauguration in Jakarta. 

    He returns to New Zealand today. 

    MIL OSI New Zealand News –

    January 24, 2025
  • MIL-OSI Video: New Report on Circumstances Resulting in UN Secretary-General Dag Hammarskjöld’s Death in 1961

    Source: United Nations (Video News)

    A new report concerning the investigation into the conditions and circumstances resulting in fatal crash in 1961that killed then-United Nations Secretary-General Dag Hammarskjöld assesses it to remain plausible that an external attack or threat was a cause, a United Nations spokesman said today. The report, written by the designated Eminent Person, Mohamed Chande Othman, notes that the alternative hypotheses that appear to remain available are that the crash resulted from sabotage, or unintentional human error. Spokesman Farhan Haq said the Secretary-General calls for renewed resolve and commitment to pursue the full truth of what happened on that fateful night in 1961.

    ————————–

    One of the most enduring mysteries in United Nations history – the 1961 plane crash that killed Secretary-General Dag Hammarskjöld and all on board as he sought to broker peace in the Congo – will linger on, with a new assessment announced today (18 Oct) suggesting that “specific and crucial” information continues to be withheld by a handful of Member States.

    According to the UN’s Deputy Spokesperson Farhan Haq, “significant new information” has been submitted to the inquiry for this latest update.

    This included probable intercepts by Member States of communications related to the crash, the capacity of Katanga’s armed forces, or others, to mount an attack on SE-BDY and the involvement of foreign paramilitary or intelligence personnel in the area at the time.

    It also included additional new information relevant to the context and surrounding events of 1961.

    Over the years, the UN General Assembly has mandated a series of inquiries into the death of Hammarskjöld and those of his party. The most recent, in December 2022, was led by Mohamed Chande Othman, former Chief Justice of Tanzania, with the formal title of “Eminent Person.”

    Othman, Haq said, “assesses it to remain plausible that an external attack or threat was a cause of the crash,” and “notes that the alternative hypotheses that appear to remain available are that the crash resulted from sabotage or unintentional human error.”

    However, Haq continued, Othman assessed so far that it is “almost certain” specific, crucial and so far undisclosed information exists in the archives of Member States.

    He noted that Othman has not received, to date, specific responses to his queries from some Member States believed to be holding useful information.

    Haq said, “the Secretary-General has personally followed up on [Mr. Othman’s] outstanding requests for information and calls upon Member States to release any relevant records in their possession,” and added that “with significant progress having been made, the Secretary-General calls on all of us to renew our resolve and commitment to pursue the full truth of what happened on that fateful night in 1961.”

    Appointed at just 47 years old, Hammarskjöld of Sweden remains the youngest UN Secretary-General.

    Widely regarded as a visionary diplomat and reformer, Hammarskjöld is credited with strengthening the role of the newly established UN during a period of intense global tensions, including the drive to decolonise Africa and Asia.

    His leadership was pivotal during the tumultuous events of 1956. He led a ceasefire mission to the Middle East and continued through the Suez crisis, where he helped negotiate the withdrawal of foreign forces from Egypt and oversaw the deployment of the Organization’s first emergency peacekeeping mission, the UN Emergency Force.

    Hammarskjöld was known for his integrity and dedication to public service, earning the Nobel Peace Prize for developing the UN into an effective and constructive international organization capable of giving life to the principles and aims expressed in the UN Charter.

    Hammarskjöld served as Secretary-General from April 1953 until his death aged 56, when the chartered Douglas DC6 aircraft he was travelling in with others, registered as SE-BDY, crashed shortly after midnight on 17-18 September 1961, near Ndola, then in Northern Rhodesia (now Zambia).

    He was en route to negotiate a ceasefire between UN peacekeepers and separatists from the breakaway Congolese region of Katanga, and possibly even a peace agreement encompassing the whole of newly independent Congo.

    Fourteen of the 15 passengers died on impact, and the sole survivor succumbed to their injuries a few days later.

    An initial inquiry by Rhodesian authorities reportedly attributed the crash to pilot error but the finding was disputed.

    On Friday, UN Secretary-General António Guterres transmitted Othman’s latest report to the Assembly.

    https://www.youtube.com/watch?v=vqA7GqfAIPY

    MIL OSI Video –

    January 24, 2025
  • MIL-OSI Video: Timor Leste : Irrigation Infrastructure and Agroforestry | United Nations

    Source: United Nations (Video News)

    In a remote village on the island nation of Timor Leste, communities are turning the tide against food insecurity with innovative irrigation and agroforestry techniques.

    https://www.youtube.com/watch?v=tSSE2tIYcio

    MIL OSI Video –

    January 24, 2025
  • MIL-OSI: Grab to Announce Third Quarter 2024 Results on November 12, 2024

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) — Grab Holdings Limited (NASDAQ: GRAB, the “Company”  or “Grab”), plans to announce its unaudited third quarter 2024 results after the U.S. market closes on November 12, 2024.  

    The Company’s management will hold a conference call to discuss the third quarter 2024 results at:

    Date and time: 7:00 PM U.S Eastern Time on November 11, 2024
    8:00 AM Singapore Time on November 12, 2024

    A link to the call will be posted on the Company’s investor relations website at investors.grab.com prior to the call time.  Following the call, a replay of the call, along with the earnings press release and presentation slides, will be available at the same website.

    About Grab

    Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 700 cities in eight Southeast Asian countries – Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam – Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance, all through a single app. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone. Grab strives to serve a triple bottom line – we aim to simultaneously deliver financial performance for our shareholders and have a positive social impact, which includes economic empowerment for millions of people in the region, while mitigating our environmental footprint.

    For more information, visit http://www.grab.com.

    For enquiries, please contact:
    Investors: investor.relations@grab.com
    Media: press@grab.com

    The MIL Network –

    January 24, 2025
  • MIL-OSI: Tower Semiconductor Announces Third Quarter 2024 Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    MIGDAL HAEMEK, Israel – October 21, 2024 – Tower Semiconductor (NASDAQ/ TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, will issue its third quarter 2024 earnings release on Wednesday, November 13, 2024. The Company will hold a conference call to discuss its third-quarter 2024 financial results and fourth-quarter 2024 guidance on Wednesday, November 13, 2024, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time).

    The call will be webcast and available through the Investor Relations section of Tower Semiconductor’s website at https://ir.towersemi.com/, where the pre-registration form required for dial-in participation is also accessible. Upon completing the registration, participants will receive the dial-in details, a unique PIN, and a confirmation email with all necessary information. The teleconference will be available for replay for 90 days.

    About Tower Semiconductor         
    Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns two facilities in Israel (150mm and 200mm), two in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, shares a 300mm facility in Agrate, Italy, with ST as well as has access to a 300mm capacity corridor in Intel’s New Mexico factory. For more information, please visit: http://www.towersemi.com.

    ###
    Contact Information:
    Tower Semiconductor Investor Relations                        
    Noit Levy, SVP Investor Relations                
    noitle@towersemi.com | +972-74-7377556                 

    Attachment

    • TSEM_Tower_Q32024_PRDate

    The MIL Network –

    January 24, 2025
  • MIL-OSI NGOs: Why should India’s human rights record matter in its bid for a permanent seat on the UN Security Council?

    Source: Amnesty International –

    There has been much talk of late about the possibility of India joining the UN Security Council (UNSC) as a permanent member, while most of the current permanent members have expressed public support for expansion of the UNSC.

    India has been falling far short of its domestic and international human rights obligations, and its desire to expand its role in the UN presents an opportunity to assess its record of engagement as a member of other UN political bodies, including the UN Human Rights Council (UNHRC).

    It’s important to review India’s pattern of engagement with the human rights architecture as a whole, including with  the Office of the High Commissioner for Human Rights (OHCHR) and UN human rights treaty bodies.

    Such analysis, as presented below, indicates that India has not been a strong leader at the UNHRC, willing to take difficult and principled stands with consistent application of human rights values; nor has it engaged particularly constructively with Council mechanisms. There is much room for improvement on India’s engagement with the human rights system in relation to its own domestic human rights challenges.

    MIL OSI NGO –

    January 24, 2025
  • MIL-OSI USA: 52 Bipartisan Congressmembers Urge Biden Administration to Tighten Russian Oil Sanctions and Question Exception Approval

    Source: United States House of Representatives – Congressman Lloyd Doggett (D-TX)

    Contact: Alexis Torres, Alexis.Torres@mail.house.gov

    Washington, D.C.—U.S. Representatives Lloyd Doggett (D-TX-37) and Jake Auchincloss (D-MA-4) led a bipartisan effort to demand a tightening of Russian oil sanctions and to question an exception granted to a U.S.-based company, Schlumberger (SLB). Specifically, the lawmakers are questioning Treasury Secretary Janet Yellen and Secretary Antony Blinken as to why the Biden administration has permitted SLB to serve as an accomplice to Vladimir Putin.

    “We write regarding alarming findings that the U.S.-based company and world’s largest oilfield services firm SLB, widely known as Schlumberger, is expanding in Russia,” wrote the members. “Since Russia’s unjustified and illegal full-scale invasion of Ukraine in February 2022, SLB has signed new contracts, recruited hundreds of staff, and imported nearly $18 million in equipment into Russia. This U.S.-based company is keeping Vladimir Putin’s war machine well-oiled with financing for the barbaric invasion of Ukraine. We urge you to continue supporting our Ukrainian allies by pursuing more rigorous oil sanctions to effectively restrict Putin’s profits.”

    “My name is on the first sanctions legislation to become law shortly after the Russian invasion,” said Rep. Doggett. “Implementation of that and similar legislation by our allies has not prevented Putin from earning billions from oil exports. And unfortunately, North Korea and Iran are not the only places providing him help. By permitting his exports and permitting continued American company investments in Russia, Americans, and our European allies, are essentially funding both sides of this war. While well aware of concerns about the price of gasoline at the pump, we must stop oiling the Putin war machine to win this war, secure a just peace, and reparations.”

    “While Ukrainians fight and die on the front lines of freedom, a U.S. oil company is supporting the enemy,” said Rep. Auchincloss. “Oil is the lifeblood of the Russian war economy, which is why the West must stand united in tightening and enforcing oil sanctions. That begins by holding SLB and its collaborators accountable for evading allied sanctions, profiteering from pain, and fueling Putin’s ability to wage war.”

    Additional signers include Representatives Sheila Cherfilus-McCormick (FL-20), Josh Gottheimer (NJ-05), Marcy Kaptur (OH-09), Barbara Lee (CA-12), Wiley Nickel (NC-13), Jared Huffman (CA-02), Dan Goldman (NY-10), Danny Davis (IL-07), Jim Costa (CA-21), Sean Casten (IL-06), Steve Cohen (TN-09), Adam Schiff (CA-30), Susan Wild (PA-07), Joe Wilson (R-SC-02), Hank Johnson (GA-04), Tom Suozzi (NY-03), Brad Sherman (CA-32), Zoe Lofgren (CA-18), Nikema Williams (GA-05), Gerry Connolly (VA-11), Mark Pocan (WI-02), Madeleine Dean (PA-04), Jamie Raskin (MD-08), Earl Blumenaur (OR-03), Seth Magaziner (RI-02), Chris Deluzio (PA-17), Patrick Ryan (NY-18), Chris Smith (R-NJ-04), Bonnie Watson Coleman (NJ-12), Salud Carbajal (CA-24), Raúl Grijalva (AZ-07),  Don Bacon (R-NE-02), Juan Vargas (CA-52), Jerry Nadler (NY-12), Annie Kuster (NH-02), Emanuel Cleaver (MO-05), Frank Pallone (NJ-06), Paul Tonko (NY-20), Adriano Espaillat (NY-13), Ted Lieu (CA-36), John Larson (CT-01), Mike Quigley (IL-05), Jill Tokuda (HI-02), Kweisi Mfume (MD-07), David Trone (MD-06), Seth Moulton (MA-06), Brian Fitzpatrick (PA-01), Stephen Lynch (MA-08), Bennie Thompson (MS-02) and Ro Khanna (CA-17).

    The full letter can be found here.

    Rep. Doggett is a strong champion for a prosperous Ukraine, consistently urging Congress and the Biden administration to take further actions in holding Putin accountable and ensuring full support for a Ukrainian victory. In 2022, the morning after Putin launched his unprovoked and illegal invasion, Rep. Doggett filed the first sanctions legislation, which later became law, to prohibit the direct import of energy products from Russia into the United States. The following year, he introduced the bipartisan Ending Importation of Laundered Russian Oil Act to close a “refining loophole” that allows Russian oil to be laundered through third-party countries and sold in the U.S. as gasoline and other petroleum products—therefore linking American consumers to financing parts of Putin’s war machine. In recent months, Rep. Doggett expanded his efforts to prevent Russia from continuing to profit off Western countries by publishing an opinion piece in Foreign Policy, calling for U.S. sanctions against a network of companies associated with Rosatom, Russia’s state-owned nuclear corporation.

    MIL OSI USA News –

    January 24, 2025
  • MIL-OSI Economics: RBI updates the Alert List of unauthorised forex trading platforms

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has added the following entities/platforms/websites to the Alert List of unauthorised forex trading platforms. The updated Alert List is available here.

    Sr. No Name Website
    1 Ranger Capital https://www.rangercapital.net
    2 TDFX https://www.tdfx.exchange
    3 Inefex https://www.inefex.com/international
    4 YorkerFX https://yorkermarkets.com
    5 Growline https://grow-line.org
    6 Think Markets https://www.thinkmarkets.com
    7 Smart Prop Trader https://www.smartproptrader.com
    8 FundedNext https://fundednext.com
    9 Weltrade https://www.weltrade.com
    10 FreshForex https://freshforex.com
    11 FX Road https://www.fxroad.com
    12 DBG Markets https://www.dbgmarketsglobal.com
    13 Plusonetrade https://www.plusonetrade.com

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1351

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN to participate in the 11th ASEAN Ministers Responsible for Culture and Arts Meeting and Related Meetings in Melaka, Malaysia

    Source: ASEAN

    At the invitation of H.E. Dato Sri Tiong King Sing, Minister of Tourism, Arts and Culture of Malaysia, Secretary-General of ASEAN, Dr. Kao Kim Hourn, will lead the ASEAN Secretariat’s delegation to participate in the 11th ASEAN Ministers Responsible for Culture and Arts (AMCA) Meeting and Related Meetings, to be held in Melaka, Malaysia, on 24 October 2024. The 11th AMCA Meeting and Related Meetings will discuss the way forward to enhance cooperation among ASEAN Member States and Dialogue Partners and consider new priorities and partnerships to further amplify the awareness of culture’s transversal role toward building a culturally dynamic ASEAN Community of Opportunities for All.
    The post Secretary-General of ASEAN to participate in the 11th ASEAN Ministers Responsible for Culture and Arts Meeting and Related Meetings in Melaka, Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Asia-Pac: 14 building plans approved in Aug

    Source: Hong Kong Information Services

    The Buildings Department approved 14 building plans in August – four on Hong Kong Island, six in Kowloon and four in the New Territories.

    Of the approved plans, eight were for apartment and apartment-commercial developments, two were for commercial development, and four were for community services developments.

    Consent was given for works to start on 10 building projects which, when completed, will provide 64,505 sq m of gross floor area for domestic use involving 1,502 units, and 38,346 sq m of gross floor area for non-domestic use.

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

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

    The buildings certified for occupation comprise 69,576 sq m of gross floor area for domestic use, involving 2,319 units, and 18,417 sq m for non-domestic use.

    Meanwhile, the department received 2,409 reports about unauthorised building works in August and issued 702 removal orders.

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI Asia-Pac: 7 care homes added to GD scheme

    Source: Hong Kong Information Services

    The Social Welfare Department announced today that seven additional residential care homes for the elderly in Guangdong will become Recognised Service Providers under the Residential Care Services Scheme in Guangdong from November 1 to provide subsidised care and attention places for seniors joining the scheme.

    These care homes are located in Guangzhou, Foshan and Zhongshan. Five of them are operated by Mainland organisations and the other two are operated under a partnership formed by Hong Kong organisations and Mainland elderly service operators.

    Together with the two care homes in Shenzhen, and one each in Foshan and Zhaoqing, the number of care homes registered under the scheme will increase to 11 in five Mainland cities in the Guangdong-Hong Kong-Macao Greater Bay Area to provide more choice for seniors with an interest in retiring in Mainland cities in the bay area.

    Click here for details of the Residential Care Services Scheme in Guangdong.

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI China: MOFA response to US Secretary of State Blinken reaffirming importance of cross-strait peace and stability at ASEAN-US and East Asia Summits

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to US Secretary of State Blinken reaffirming importance of cross-strait peace and stability at ASEAN-US and East Asia Summits

    October 12, 2024  

    United States Secretary of State Antony Blinken attended the 12th ASEAN-US Summit and the 19th East Asia Summit in Laos on October 10 and 11. In remarks at the first meeting, Secretary Blinken stated that it was important to maintain a shared commitment to protect stability across the Taiwan Strait. At the East Asia Summit the following day, he again spoke on cross-strait peace and stability as well as pressing regional and international challenges and threats, including China’s provocations in the East and South China Seas.

    Responding to a question at a press availability on October 11, Secretary Blinken highlighted the strong desire for all countries represented at the summit, including ASEAN members, to see peace and stability maintained across the Taiwan Strait. He stressed that President Lai Ching-te’s National Day speech was a regular exercise that China should not use in any fashion as a pretext for provocative actions. He further reiterated the importance of maintaining the cross-strait status quo and opposition to unilateral actions by any party to change the status quo. He said that 50 percent of commercial container traffic went through the Taiwan Strait every day and that more than 70 percent of high-end semiconductors were produced in Taiwan. This showed that there was a strong global economic incentive to maintain peace and stability and preserve the status quo.

    The Ministry of Foreign Affairs thanks the United States for continuing to use key regional summits to underscore the importance of cross-strait and regional peace and stability and for stating unequivocally that Taiwan’s regular National Day speech should not be a pretext for China’s provocations. As an important member of the Indo-Pacific region and a defender of the regional status quo, Taiwan will continue to collaborate with like-minded nations to uphold cross-strait and regional peace, stability, and prosperity.

    MIL OSI China News –

    January 24, 2025
  • MIL-OSI Economics: AIIB Accredited as Green Climate Fund Entity to Accelerate Climate Action in Developing Members

    Source: Asia Infrastructure Investment Bank

    The Asian Infrastructure Investment Bank (AIIB) has been accredited as an International Access Entity (Accredited Entity) of the Green Climate Fund (GCF) at the 40th GCF Board meeting in Songdo, Incheon, Republic of Korea, Oct. 21-24.

    The partnership is in line with AIIB’s Corporate Strategy and GCF’s reform agenda. It will enable both institutions to leverage their resources to more effectively support members in achieving their Nationally Determined Contributions targets for low emissions and climate-resilient development, a critical component of the Paris Agreement.

    “AIIB’s top priority is to develop green infrastructure that facilitates climate transition and is resilient to climate change impacts in the coming decades,” said Sir Danny Alexander, AIIB Vice President for Policy and Strategy. “This partnership with GCF is a testament to our commitment to this mandate as outlined in our corporate strategy.”

    With this accreditation, AIIB will gain access to GCF funds through a flexible combination of grants, concessional debt, guarantees and equity instruments. These will enable AIIB to leverage blended finance and attract private capital for climate action in developing members. As a GCF Accredited Entity, AIIB will continue to deepen its collaboration with other international, regional and national development finance institutions; equity funds; and UN agencies to develop high-quality, climate-focused projects.

    Henry Gonzalez, Chief Investment Officer of the Green Climate Fund (GCF), welcomed the GCF Board’s decision to approve the accreditation. “This partnership opens new and exciting opportunities for collaboration on scaled-up climate action that focuses on green and resilient infrastructure in various countries,” he said. “Both GCF and AIIB have a shared focus on innovative solutions that provide a pathway for a low-emission, climate-resilient pathway towards sustainable development.”

    In 2023, AIIB’s climate finance reached 60% of total approved regular financing, an increase from 56% in 2022, surpassing the targets outlined in its corporate strategy. In terms of volume, its climate finance rose from USD 2.39 billion in 2022 to USD 3.43 billion in 2023.

    About AIIB

    The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond – infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

    About GCF

    The Green Climate Fund (GCF) – a critical element of the historic Paris Agreement – is the world’s largest climate fund, mandated to support developing countries raise and realize their Nationally Determined Contributions (NDC) ambitions towards low-emissions, climate-resilient pathways.

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Asia-Pac: SFST’s speech at Accenture FinTech Innovation Lab Asia-Pacific Demo Day (English only)

    Source: Hong Kong Government special administrative region

    SFST’s speech at Accenture FinTech Innovation Lab Asia-Pacific Demo Day (English only)
    SFST’s speech at Accenture FinTech Innovation Lab Asia-Pacific Demo Day (English only)
    **************************************************************************************

         Following is the speech by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, at the Accenture FinTech Innovation Lab Asia-Pacific Demo Day today (October 22): Simon (Chairman of the Hong Kong Cyberport Management Company Limited, Mr Simon Chan), Rocky (Chief Executive Officer of the Hong Kong Cyberport Management Company Limited, Dr Rocky Cheng), Marco (Managing Director and Head of Financial Services of Accenture, Mr Marco Tsui), Eric (Chief Public Mission Officer of the Hong Kong Cyberport Management Company Limited, Mr Eric Chan), distinguished guests, ladies and gentlemen,      Good afternoon. It is a pleasure to stand before you today at the Accenture FinTech Innovation Lab Asia-Pacific Demo Day. This event represents the culmination of hard work, innovation, and collaborative effort, showcasing the remarkable advancements that are shaping the future of financial technology in our region.      As we gather here, I am reminded of the incredible journey that the FinTech Innovation Lab Asia-Pacific has undertaken over the years. This year, the programme has once again proven to be a highly competitive platform, attracting over 100 applicants from 35 countries. From this pool of talent, we celebrate the achievements of nine outstanding companies selected to present their innovations today. Each of these start-ups embodies the spirit of resilience and creativity that is essential in today’s fast-paced financial landscape. The role of artificial intelligence      One common thread among these nine companies is their deployment of artificial intelligence (AI) in their service offerings. The excitement surrounding AI, particularly Generative AI, has been palpable over the last two years. Despite the fluctuations in the global financial environment, start-ups leveraging generative models continue to attract significant funding. Investors and market participants recognise the vast opportunities that AI presents, allowing businesses to enhance efficiency, improve customer experiences, and create innovative solutions tailored to ever-evolving market demands.      As we look ahead, I want to share that during the upcoming Hong Kong Fintech Week 2024, we will be issuing a policy statement that outlines the Government’s stance towards the responsible application of AI in financial markets. This statement will provide a framework for integrating AI into our financial ecosystem, ensuring that innovation is harmonised with robust security and regulatory frameworks. The vibrant ecosystem of fintech in Hong Kong      The fintech ecosystem in Hong Kong is not only vibrant but also continues to grow at an unprecedented pace. According to the latest Global Financial Centres Index, Hong Kong ranks ninth globally in fintech offerings, placing us among the elite top 10 fintech hubs worldwide. This recognition is a testament not only to our achievements but also to our commitment to fostering innovation in the financial sector.      We understand that promoting fintech is essential for enhancing the overall competitiveness of Hong Kong’s financial services industry. To this end, we work closely with financial regulators, industry leaders, and innovators to ensure that our fintech sector remains at the cutting edge of global developments. Advancing financial services      As outlined in the latest Policy Address presented just last week, the Government is dedicated to solidifying Hong Kong’s position as a global leader in financial innovation. We are advancing the development of cutting-edge financial services that will reshape the financial landscape of tomorrow. Key areas of focus include Central Bank Digital Currencies (CBDCs), mobile payments, virtual banking, virtual insurance, and virtual asset (VA) transactions.      Each of these innovations holds the potential to significantly alter how we conduct financial transactions, interact with financial institutions, and manage our assets. By deepening our efforts in these areas, we are not just keeping pace with global advancements; we are striving to remain at the forefront of this evolution. Initiatives to cultivate innovation      Over the past few months, we have introduced a range of initiatives aimed at cultivating a vibrant ecosystem for fintech innovation. These efforts span multiple key areas, from enhancing cross-boundary payment systems to advancing digital asset regulation and fostering a dynamic fintech talent pool.      In May, we expanded the cross-boundary e-CNY pilot programme, providing safe and convenient retail payment options for residents in both Hong Kong and the Mainland. The Hong Kong Monetary Authority (HKMA) is actively exploring new technological solutions for cross-boundary trade settlements through the mBridge platform. By expanding use cases and widening participation from both public and private sectors, we aim to make cross-border transactions faster, more secure, and more cost efficient.      Moreover, we are promoting real-world asset tokenisation and developing a digital money ecosystem. Through Project Ensemble, the HKMA is laying the groundwork for the tokenisation of real-world assets and the use of digital money for interbank settlements. This initiative is designed to facilitate more efficient asset trading and further integrate digital currencies into our financial system. Stablecoin regulation and digital currencies      As part of our commitment to fostering a secure digital financial environment, potential stablecoin issuers will have the opportunity to test their business plans and use cases through the stablecoin issuer sandbox. Later this year, we will introduce legislation to regulate fiat-referenced stablecoin issuers, creating a secure and consistent framework for the growth of this emerging market.      Further underlining our dedication to digital currencies, we launched Phase 2 of the e-HKD Pilot Programme in September, now renamed Project e-HKD+. This initiative allows us to explore innovative use cases for new forms of digital money, including e-HKD and tokenised deposits. Our expanded focus on the digital money ecosystem will ensure that we remain at the forefront of technological advancements in this space. Regulatory frameworks and risk mitigation      Regulations play a critical role in mitigating risks in the rapidly evolving world of virtual assets. To protect investors and uphold market integrity, the Financial Services and the Treasury Bureau (FSTB) is conducting a second round of public consultation on regulatory proposals for over-the-counter VA trading. We will also introduce a proposed licensing regime for VA custodian service providers, ensuring the safekeeping of digital assets in line with international standards. Commitment to digital securities      Our commitment to innovation extends to the digital securities market as well. The HKMA is preparing to launch the Digital Bond Grant Scheme, which will incentivise financial institutions and issuers to adopt tokenisation technology in capital market transactions. This initiative will unlock new opportunities in the digital securities space, modernising our financial infrastructure and ensuring that Hong Kong continues to lead in global financial innovation. The horizon ahead      As demonstrated by today’s gathering of innovators, Hong Kong is truly an ideal platform for nurturing fintech talent and fostering global engagement. The upcoming ninth Hong Kong Fintech Week, themed “Illuminating New Pathways in Fintech”, will soon take place, from October 28 to November 1. Last year’s event set a new benchmark, drawing a record 35 000 attendees and garnering 5.5 million online views from over 100 economies.      This year, we welcome top leaders, policymakers, and investors from around the world for insightful discussions on the fintech landscape and cutting-edge technologies such as AI, tokenisation, and Web3. I encourage each of you to join us for what promises to be an exciting and transformative event. Supporting start-ups and entrepreneurs      To further support innovators like you, the Government is introducing a $10 billion I&T Industry-Oriented Fund to drive investment into the innovation and technology sectors. In addition, we are enhancing the Innovation and Technology Venture Fund by redeploying $1.5 billion to create matching funds with market partners. This will provide greater opportunities for start-ups and entrepreneurs to access capital, ensuring that our vibrant start-up ecosystem continues to flourish. Conclusion      Ladies and gentlemen, as I conclude, I would like to express my sincere gratitude to Accenture and Cyberport for organising today’s Demo Day. I also extend my heartfelt thanks to the participating fintech companies and our financial institutions for their invaluable contributions. Your hard work and dedication are what drive innovation in our sector.      Thank you, and I look forward to witnessing the groundbreaking advancements that will emerge from this dynamic ecosystem.

     
    Ends/Tuesday, October 22, 2024Issued at HKT 16:42

    NNNN

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI Asia-Pac: Import of poultry meat and products from Åšroda Wielkopolska District of Wielkopolskie Region in Poland suspended

    Source: Hong Kong Government special administrative region

    Import of poultry meat and products from Środa Wielkopolska District of Wielkopolskie Region in Poland suspended
    Import of poultry meat and products from Środa Wielkopolska District of Wielkopolskie Region in Poland suspended
    ******************************************************************************************

         ​The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (October 22) that in view of a notification from the World Organisation for Animal Health (WOAH) about an outbreak of highly pathogenic H5N1 avian influenza in the Środa Wielkopolska District of the Wielkopolskie Region in Poland, the CFS has instructed the trade to suspend the import of poultry meat and products (including poultry eggs) from the area with immediate effect to protect public health in Hong Kong.     A CFS spokesman said that according to the Census and Statistics Department, Hong Kong imported about 1 620 tonnes of frozen poultry meat from Poland in the first six months of this year.     “The CFS has contacted the Polish authority over the issue and will closely monitor information issued by the WOAH and the relevant authorities on the avian influenza outbreak. Appropriate action will be taken in response to the development of the situation,” the spokesman said.

     
    Ends/Tuesday, October 22, 2024Issued at HKT 16:37

    NNNN

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI Asia-Pac: Consumer Price Indices for September 2024

    Source: Hong Kong Government special administrative region

         The Census and Statistics Department (C&SD) released today (October 22) the Consumer Price Index (CPI) figures for September 2024. According to the Composite CPI, overall consumer prices rose by 2.2% in September 2024 over the same month a year earlier, smaller than the corresponding increase (2.5%) in August 2024. Netting out the effects of all Government’s one-off relief measures, the year-on-year rate of increase in the Composite CPI (i.e. the underlying inflation rate) in September 2024 was 0.9%, also smaller than that in August 2024 (1.2%). The smaller increases were mainly due to the higher base of comparison resulting from the significant increases in food prices in September 2023.

         On a seasonally adjusted basis, the average monthly rate of increase in the Composite CPI for the 3-month period ending September 2024 was 0.4%, and that for the 3-month period ending August 2024 was 0.6%. Netting out the effects of all Government’s one-off relief measures, the corresponding rates of increase were 0.1% and 0.2%.   

         Analysed by sub-index, the year-on-year rates of increase in the CPI(A), CPI(B) and CPI(C) were 2.9%, 2.0% and 1.6% respectively in September 2024, as compared to 3.2%, 2.2% and 1.9% respectively in August 2024. Netting out the effects of all Government’s one-off relief measures, the year-on-year rates of increase in the CPI(A), CPI(B) and CPI(C) were 0.9%, 0.9% and 1.0% respectively in September 2024, as compared to 1.1%, 1.2% and 1.3% respectively in August 2024.   

         On a seasonally adjusted basis, for the 3-month period ending September 2024, the average monthly rates of increase in the CPI(A), CPI(B) and CPI(C) were 0.5%, 0.4% and 0.3% respectively. The corresponding rates of increase for the 3-month period ending August 2024 were 0.8%, 0.5% and 0.4% respectively. Netting out the effects of all Government’s one-off relief measures, the average monthly rates of increase in the seasonally adjusted CPI(A), CPI(B) and CPI(C) for the 3-month period ending September 2024 were all 0.1%, and the corresponding rates of increase for the 3-month period ending August 2024 were 0.2%, 0.1% and 0.2% respectively.   

         Amongst the various components of the Composite CPI, year-on-year increases in prices were recorded in September 2024 for alcoholic drinks and tobacco (21.4%), electricity, gas and water (6.5%), housing (3.3%), miscellaneous services (2.0%), meals out and takeaway food (1.8%), miscellaneous goods (1.2%), and transport (1.0%).   

         On the other hand, year-on-year decreases in the components of the Composite CPI were recorded in September 2024 for clothing and footwear (-1.6%), basic food (-0.4%), and durable goods (-0.4%).   

         Taking the first 9 months of 2024 together, the Composite CPI rose by 1.9% over a year earlier. The respective increases in the CPI(A), CPI(B) and CPI(C) were 2.2%, 1.7% and 1.6% respectively. The corresponding increases after netting out the effects of all Government’s one-off relief measures were 1.0%, 0.9%, 1.1% and 1.2% respectively.   

         In the third quarter of 2024, the Composite CPI rose by 2.4% over a year earlier, while the CPI(A), CPI(B) and CPI(C) rose by 3.1%, 2.1% and 1.9% respectively. The corresponding increases after netting out the effects of all Government’s one-off relief measures were 1.1%, 1.0%, 1.1% and 1.2% respectively.   

         For the 12 months ending September 2024, the Composite CPI was on average 2.0% higher than that in the preceding 12-month period. The respective increases in the CPI(A), CPI(B) and CPI(C) were 2.4%, 1.9% and 1.8% respectively. The corresponding increases after netting out the effects of all Government’s one-off relief measures were 1.2%, 1.0%, 1.2% and 1.4% respectively. 

    Commentary

         A Government spokesman said that underlying consumer price inflation remained modest in September. The year-on-year increase in food price eased, while prices of energy-related items declined at a narrowed rate. Price pressures on other major components remained broadly in check.

         Looking ahead, overall inflation should stay mild in the near term. The continued growth of the Hong Kong economy could pose some moderate upward pressures on domestic cost. Meanwhile, external price pressures should ease further, though uncertainties in the external environment remain. The Government will continue to monitor the situation.

    Further information

         The CPIs and year-on-year rates of change at section level for September 2024 are shown in Table 1. The time series on the year-on-year rates of change in the CPIs before and after netting out the effects of all Government’s one-off relief measures are shown in Table 2. For discerning the latest trend in consumer prices, it is also useful to look at the changes in the seasonally adjusted CPIs. The time series on the average monthly rates of change during the latest 3 months for the seasonally adjusted CPIs are shown in Table 3. The rates of change in the original and the seasonally adjusted Composite CPI and the underlying inflation rate are presented graphically in Chart 1.

         More detailed statistics are given in the “Monthly Report on the Consumer Price Index”. Users can browse and download this publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1060001&scode=270).

         For enquiries about the CPIs, please contact the Consumer Price Index Section of the C&SD (Tel: 3903 7374 or email: cpi@censtatd.gov.hk).
     

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN launches the “Maritime Heritage at the ASEAN Heritage Parks” Exhibition

    Source: ASEAN

    Today, Secretary-General of ASEAN, Dr. Kao Kim Hourn, inaugurated the “Maritime Heritage at the ASEAN Heritage Parks” Exhibition organised by the Philippines Mission to ASEAN, in ASEAN Headquarters/ASEAN Secretariat. The exhibition showcased the maritime heritage of ASEAN, particularly the rich biodiversity preserved and promoted through the ASEAN Heritage Parks, with a center-piece model of a whale shark. The exhibition highlighted two ASEAN Heritage Parks from the Philippines, namely Tubbataha Reef and the Agusan Marsh, as well as ASEAN Heritage Parks from the ASEAN Member States that have maritime or similarly aquatic-related Heritage Parks. The exhibition takes place from 22 to 25 October 2024 at the lobby of the ASEAN Headquarters/ ASEAN Secretariat.

    The post Secretary-General of ASEAN launches the “Maritime Heritage at the ASEAN Heritage Parks” Exhibition appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Economics: AIIB Backs Early-Stage Innovation in India, Investing in Endiya Partners under Venture Capital Investment Program

    Source: Asia Infrastructure Investment Bank

    The Asian Infrastructure Investment Bank (AIIB) has approved investments in Endiya Partners Fund III under the AIIB Venture Capital (VC) Investment Program. The investments will support early-stage companies focused on green and technology-enabled infrastructure in India and Southeast Asia.

    Launched in December 2022, AIIB’s VC Investment Program for Green and Technology-Enabled Infrastructure began with a commitment of USD100 million, with an additional USD30 million for co-investments. The program aims to fill the capital gap for early-stage ventures by investing through small-scale VC funds.

    Endiya Partners Fund III will invest in early-stage start-ups in India, focusing on intellectual property that aligns with AIIB’s strategic priorities.

    “Endiya Partners shares AIIB’s vision of promoting innovation in green and technology-enabled infrastructure through strategic investments in the digital industry, healthcare and enterprise sectors,” said Sateesh Andra, Managing Partner at Endiya Partners. “We thank AIIB for their confidence and LP (limited partners) investment as we drive impactful change.”

    This will be the second signed commitment, previously approved as MSA Emerging Technology Markets Fund I in 2023. The total investment under the VC Program now represents about 20% of its investable corpus. The program’s goal is to build a diversified portfolio of 10 to 12 VC funds across sectors, geographies and stages of development.“These investments are pivotal as they operationalize AIIB’s forward-looking VC Program, with significant potential to grow the innovation landscape in our Members,” said Gregory Liu, AIIB Director General of Financial Institutions and Fund Clients, Global. “Our focus will be to enhance this program by identifying innovative ideas that deliver scalable impacts, creating a portfolio that generates returns and positive outcomes.”

    The investments align with AIIB’s Private Capital Mobilization thematic priority and mission of Financing Infrastructure for Tomorrow, emphasizing technology as a competitive advantage. AIIB’s Environmental and Social Policy applies to the program, ensuring that each VC Fund adheres to the Bank’s environmental and social standards.

    About AIIB

    The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond – infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

    MIL OSI Economics –

    January 24, 2025
  • MIL-OSI Asia-Pac: Government welcomes publication of annual report of Process Review Panel for the Securities and Futures Commission

    Source: Hong Kong Government special administrative region

    Government welcomes publication of annual report of Process Review Panel for the Securities and Futures Commission
    Government welcomes publication of annual report of Process Review Panel for the Securities and Futures Commission
    ******************************************************************************************

         The Government today (October 22) welcomed the publication of the annual report of the Process Review Panel for the Securities and Futures Commission (PRP) which covers the work of the PRP in 2023-24.      A spokesman for the Financial Services and the Treasury Bureau said, “The PRP has conducted a thorough review of the internal processes and operational procedures of the Securities and Futures Commission (SFC). Through reviewing selected cases concerning enforcement, licensing, supervision of intermediaries and complaint handling, etc, the PRP has made a number of constructive observations and recommendations which are instrumental to the fair and consistent exercise of the regulatory powers by the SFC. We would like to express our sincere gratitude to the PRP Chairman, Mr Lawrence Lee, and the PRP members for their conscientious efforts in enhancing the transparency and accountability of the SFC.”      The PRP is an independent panel established by the Chief Executive to review and advise the SFC on the adequacy of the SFC’s internal procedures and operational guidelines, and to determine whether the SFC has followed its internal procedures for ensuring fairness and consistency. 

     
    Ends/Tuesday, October 22, 2024Issued at HKT 17:15

    NNNN

    MIL OSI Asia Pacific News –

    January 24, 2025
  • MIL-OSI: Gilat Satellite Networks to Attend APEX/IFSA Conference to Discuss State-of the Art In-Flight Connectivity Solutions for Aviation Markets

    Source: GlobeNewswire (MIL-OSI)

    PETAH TIKVA, Israel, Oct. 22, 2024 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today its attendance at the APEX/IFSA Global Expo in Long Beach, California, from October 28-30, 2024. Gilat is inviting participants to schedule meetings to discuss their in-flight connectivity (IFC) needs and explore how Gilat’s advanced ESA (Electronically Steered Antenna), SSPA (Solid-State Power Amplifier), KPSU (Ka/KU Power Supply Unit), and FCU (Frequency Converter Unit) solutions are transforming in-flight connectivity.

    Driving the Future of IFC with Cutting-Edge ESA Technology

    Gilat’s innovative, single LRU solution ESAs are ideal for commercial, business, and military aviation, providing robust, reliable, and seamless satellite connectivity. With the best size, weight and power in its class, these state-of-the-art solutions meet the increasing demand for high-performance IFC across the globe.

    In addition to its ESA technology, Gilat’s Wavestream subsidiary offers market-leading SSPAs (Solid-State Power Amplifiers), KPSUs (Ka/Ku-band Power Supply Units), and FCUs (Frequency Converter Units.) These components are designed to ensure optimal performance and efficiency, delivering high-speed internet services for passengers on both large commercial aircraft and private business jets.

    Meet with Us at APEX/IFSA

    Gilat invites APEX/IFSA attendees to set up meetings with its team to discuss the evolving needs of in-flight connectivity and learn more about its innovative satellite solutions. Airline and IFC service providers are encouraged to connect with Gilat to explore how its technology can enhance their in-flight connectivity offerings.

    To schedule a meeting with Gilat at the APEX/IFSA Global Expo, please contact either Timor Blau at 858-999-1036 or Raju Chandra at 909-741-0600, raju.chandra@wavestream.com.

    About Gilat

    Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we create and deliver deep technology solutions for satellite, ground, and new space connectivity and provide comprehensive, secure end-to-end solutions and services for mission-critical operations, powered by our innovative technology. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

    Our portfolio includes a diverse offering to deliver high-value solutions for multiple orbit constellations with very high throughput satellites (VHTS) and software-defined satellites (SDS). Our offering is comprised of a cloud-based platform and high-performance satellite terminals; high-performance Satellite On-the-Move (SOTM) antennas; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense, field services, network management software, and cybersecurity services.

    Gilat’s comprehensive offering supports multiple applications with a full portfolio of products and tailored solutions to address key applications including broadband access, mobility, cellular backhaul, enterprise, defense, aerospace, broadcast, government, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com

    Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the current terrorist attacks by Hamas, and the war and hostilities between Israel and Hamas, and Israel and Hezbollah and Iran; and other factors discussed under the heading “Risk Factors” in Gilat’s most recent annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and Gilat undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:

    Gilat Satellite Networks
    Hagay Katz, Chief Products and Marketing Officer
    HagayK@gilat.com

    The MIL Network –

    January 24, 2025
  • MIL-OSI Russia: Polytechnic students are winners of the competition for St. Petersburg government awards

    Translation. Region: Russian Federation –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The Diploma Project Commission summed up the results of the competition for the St. Petersburg Government Prize. For the implementation of diploma projects in the 2023/2024 academic year, 33 executive bodies of state power offered students 116 topics for work. 72 people won the competition, seven of whom are SPbPU students. All of them represent the Institute of Industrial Management, Economics and Trade.

    1. Maria Gorshenina, graduate of the Master’s program at the Higher School of Industrial Management, Energy Management program, scientific supervisor: Associate Professor at the Higher School of Industrial Management Inga Skvortsova.

    Project “Analysis and ranking of factors promoting and hindering the introduction of renewable energy sources in the engineering and energy complex of St. Petersburg”. The aim of the study was to improve the elaboration of the scientific base for assessing the feasibility of introducing renewable energy sources into a specific regional energy system by identifying and analyzing key factors that form the environment within which the operation of renewable energy sources is planned in the region.

    To be honest, this work is a story of constant improvements and refinements, as I always wanted to improve my project. The result was worth it: victory in the St. Petersburg government diploma project competition, second place in the TGK-1 competition and, most importantly, my own satisfaction with the work done, Maria shared her impressions.

    2. Leonid Alkhimovich, a graduate of the bachelor’s degree program of the Higher School of Industrial Management, international educational program “International Business”, scientific supervisor: associate professor of the Higher School of Industrial Management Ksenia Kikkas.

    The topic of the thesis is “Corporate training – gamification as a basis for effective interaction in the work process”. The choice of the topic is associated with the rapid development of technologies in the field of corporate training, digital methods of professional development and increasing employee engagement. One of the most common tools in this area is gamification.

    3. Evelina Polushkina, Bachelor of the Higher School of Administrative Management in the direction of “State and Municipal Administration”. The project “The Impact of Digitalization on the Process of State Support for Business” was developed under the supervision of HSAM Associate Professor Maxim Ivanov. During the final qualifying work, recommendations were developed for improving the provision of state support by changing the internal processes for ensuring the operation of digital services, as well as creating directions for their popularization among small and medium-sized businesses.

    Participation in the competition was a very useful and necessary experience for me. I positively evaluate the experience of communication with the executive bodies of St. Petersburg in the person of civil servants, who promptly provided the necessary information and statistics on my topic. I believe that the topic of state support for business is relevant at the moment, so I am glad that the city authorities are actively involved in its implementation and are constantly developing this industry, including with the help of digital technologies, – Evelina noted.

    4. Elizaveta Parkhomchuk, Master of the Higher School of Administrative Management in the direction of “State and Municipal Administration”. Under the supervision of HSAM Associate Professor Tamara Selentyeva, she completed the work “Development of projects for methodological assistance in supporting small and medium-sized businesses in the executive bodies of state power”, which is aimed at creating recommendations for executive bodies of state power to improve the process of providing assistance and support to small and medium-sized businesses. This work was done jointly with specialists from the Center for Development and Support of Entrepreneurship of St. Petersburg.

    5. Mikhail Kiryushatov, a graduate of the bachelor’s degree program at the Higher School of Service and Trade, majoring in “Trade Business”, scientific supervisor: associate professor at the Higher School of Service and Trade Irina Kapustina. The project was called “Analysis of the possibilities of expanding economic cooperation between St. Petersburg and cities of ASEAN countries in modern conditions.”

    The most memorable events were the off-site events in which the External Relations Committee took part. The first of these was the XXIII International Forum “Ecology of the Big City”, where a student of the Higher School of Social and Technical Studies accompanied a delegation from Myanmar headed by the Deputy Minister of Natural Resources and Environmental Protection Min Tu, and also carried out communication at a meeting with Russian partners in the field of geology, Mikhail shared.

    6. Ksenia Fisun, a graduate of the bachelor’s degree program at the Higher School of Service and Trade, majoring in “Trade Business”, scientific supervisor: Associate Professor of the Higher School of Service and Trade Vladimir Bakharev. Her project was called “Trends and Factors Influencing the Development of Small and Medium-Sized Businesses in St. Petersburg”.

    Participation in the project was a very interesting experience for me! Thanks to it, I got acquainted with the activities of government agencies from the inside, and also learned more about the sphere of small and medium entrepreneurship in our city. I am grateful to the Polytechnic University and the government of St. Petersburg for the opportunity to participate in such a project! – shared Ksenia.

    7. Karina Allahverdiyeva, graduate of the Master’s program of the Higher School of Service and Trade, the program “Quality Management at the Enterprise” under the supervision of Associate Professor of the Higher School of Service and Trade Boris Lyamin. The project work on the topic “Monitoring of food products based on the KPPIT as a promising form of quality control and product safety” consisted of identifying discrepancies in the food product monitoring process, assessing the quality control process of samples, developing recommendations for improving and optimizing the food product monitoring process in the testing laboratory of the IL “PETEKS”. It is worth noting that the results of the project work were agreed upon, approved and applied by the head of the testing laboratory.

    The winners will be awarded in November during the St. Petersburg International Scientific and Educational Salon, the city’s largest event aimed at demonstrating educational, scientific research and innovation activities.

    According to statistics, most of the winners of this competition are employed in city administrative structures. It is also worth noting that this year the prize amount has been increased from 16 thousand rubles to 30 thousand rubles for each winner.

    I am proud of our students! IPMET regularly participates and annually remains among the leaders in the number of winners. And this year is a particularly significant event for the entire institute – seven winners from the Polytechnic University and all IPMET students! Your achievements are the result of hard work, creativity and commitment to high quality work. I wish you further success in your professional activities, may your victories continue to delight us with new achievements, – shared the director of IPMET Vladimir Shchepinin.

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

    MIL OSI Russia News –

    January 24, 2025
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