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Category: Asia

  • MIL-OSI Economics: Media Registration for the 2024 APEC Economic Leaders’ Week Opens Singapore, Peru | 15 October 2024 APEC Secretariat APEC Secretariat

    Source: APEC – Asia Pacific Economic Cooperation

    Media registration is now open for the 2024 APEC Economic Leaders’ Week (AELW), which will be held in Lima, Peru, from 9 to 16 November 2024. Peru President Dina Boluarte will chair the APEC Economic Leaders’ Meeting on 16 November.

    Minister for Foreign Affairs of Peru Elmer Schialer and Minister of Foreign Trade and Tourism Úrsula León will host their foreign affairs and trade counterparts for the APEC Ministerial Meeting. The AELW will also include the 2024 APEC CEO Summit and the APEC Business Advisory Council (ABAC) Dialogue with Leaders.

    Media representatives are invited to apply for accreditation to cover these high-level meetings and associated events.

    Background

    APEC Peru 2024 is centered around the theme “Empower. Include. Grow.” This theme reflects Peru’s commitment to fostering inclusive growth and sustainable development across the Asia-Pacific region. The priorities for this year include:

     

    1. Trade and Investment for Inclusive and Interconnected Growth: This focus aims to strengthen open and inclusive trade policies that facilitate economic growth across diverse sectors of society, ensuring long-term sustainability.

       

    2. Innovation and Digitalization to Promote Transition to a Formal and Global Economy: This priority seeks to support vulnerable economic actors in their transition from informal to formal participation in the global economy through innovation and digital tools.

       

    3. Sustainable Growth for Resilient Development: This involves promoting energy transitions, decarbonization of economic activities, and enhancing food security to build resilience in the face of climate change and other challenges.

     The AELW schedule is as follows:

    • 10-12 November: 4th APEC Business Advisory Council (ABAC) Meeting
    • 11-12 November: Senior Officials’ Retreat and Concluding Senior Officials’ Meeting
    • 13 November: Dialogue on Indigenous Peoples: Indigenous Perspectives on Inclusive Growth and Economic Empowerment
    • 14 November: APEC Ministerial Meeting
    • 14-15 November: APEC CEO Summit
    • 15 November: APEC Economic Leaders’ Dialogue with ABAC
    • 16 November: APEC Economic Leaders’ Meeting

    Accreditation procedure

    Access to media facilities, services and specific events will only be available to accredited media representatives. Media badges will be issued for accredited media only. To be accredited for the AELW, media representatives need to submit a cover letter in PDF format to [email protected] that includes information outlined below:

     

    • Name of the media organization
    • Contact person responsible for the accreditation including their email and mobile number
    • Full name of team who will cover the AELW
    • Passport or ID of the team who will cover the AELW

    After the submission, the media accreditation officer will review the documents. The person responsible for the accreditation will then receive a user ID and password to initiate the registration process for the media team through the registration portal.

    Once the pre-registration process is completed, the verification stage will begin, which may take several days. A notification email with either confirmation or request for additional requirements will be sent to the contact person responsible for the accreditation process.

    Details regarding the date, time and place for credential pick-up will be provided via email. The deadline for the media registration is Monday, 4 November, Peru time. We strongly encourage media representative to register as soon as possible to allow sufficient time for visa arrangements, as needed, and the temporary importation of equipment.

    Media credentials will be available for pickup from 1-16 November at Prom Peru at Av. Jorge Basadre 610, San Isidro, Lima, Peru from 08:00 to 17:00. Please address all media-related inquiries to [email protected] and [email protected]. Read the full media accreditation details in this link.

    For further details, please contact:

    APEC Media at [email protected]

    Michael Chapnick +65 9647 4847 at [email protected]

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI Economics: RBI to conduct 2-day Variable Rate Reverse Repo (VRRR) auction under LAF on October 15, 2024

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 15, 2024, Tuesday, as under:

    Sl. No. Notified Amount
    (₹ crore)
    Tenor
    (day)
    Window Timing Date of Reversal
    1 50,000 2 11:00 AM to 11:30 AM October 17, 2024
    (Thursday)

    2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1292

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI: Atos appoints Philippe Salle Chairman of the Board of Directors with effect from October 14, 2024 and Chairman and Chief Executive Officer from February 01, 2025

    Source: GlobeNewswire (MIL-OSI)

                                                                                                                                                                                                                                      Press release

    Atos appoints Philippe Salle Chairman of the Board of Directors with effect from October 14, 2024

    and Chairman and Chief Executive Officer from February 01, 2025

    Paris, France, 15 October 2024 – Atos today announces the appointment of Philippe Salle as Chairman of the Board of Directors of the Company with immediate effect and as Chairman and Chief Executive Officer with effect from February 01, 2025.

    In the context of the Group’s financial restructuring, the Nominations and Governance Committee chaired by Lead Independent Director Elizabeth Tinkham, conducted a rigorous selection process with the support of an internationally renowned recruitment firm and in consultation with selected Company creditors.

    At its meeting on October 14, 2024, the Board of Directors approved unanimously, on the recommendation of the Nominations and Governance Committee:

    • the co-optation of Philippe Salle as a Director, subject to ratification by shareholders at the next Annual General Meeting;
    • his appointment as Chairman of the Board of Directors with immediate effect; and
    • his appointment as Chairman and Chief Executive Officer with effect from 1st February 2025.

    With extensive experience as CEO, notably in listed companies, Philippe Salle will bring invaluable skills and insights to support the deployment of the business plan and the restructuring of the Group.

    Jean-Pierre Mustier will act as Chief Executive Officer of the Company until January 31, 2025, and remain a member of the Board of Directors, ensuring an orderly, constructive and effective transition. In particular, he will be responsible for monitoring and ensuring the proper implementation of the accelerated safeguard plan, which is essential for the Group.

    The Board meeting of October 14, 2024 also noted Philippe Salle’s intention to participate in the financial restructuring of the Company by investing a total amount of at least €9 million in the Company. This investment would take the form of a subscription to the right issue with preferential subscription rights, decided in the context of the accelerated safeguard plan, if the conditions for completion so permit, or subsequently directly on the market.

    Jean-Pierre Mustier, Chief Executive Officer of Atos, said: ” I am delighted to welcome Philippe Salle to the Board. Philippe Salle is a highly experienced executive whose qualities and expertise in leading blue-chip companies will be a crucial asset as Atos looks to the future. He has also an extensive track record in creating shareholders value. We will work closely together to ensure a smooth transition and the effective deployment of the Group’s business and restructuring plan, in the interests of all stakeholders.”

    Philippe Salle, Chairman of the Board of Directors of Atos, said: “It is with great enthusiasm and conviction that I join the Atos Group. I am aware of the challenges that lie ahead, but also of the Group’s strengths, from the quality of its services to the ongoing commitment of its employees, which will enable us, together, to open a new chapter in the Group’s history.”

    About Philippe Salle

    Philippe Salle began his career with Total in Indonesia in 1988. He then joined Accenture in 1990 where he was promoted to senior consultant. He joined McKinsey in 1995 and became senior manager in 1998. He joined the Vedior group in 1999 (now Randstad, a company listed on Euronext Amsterdam), and became Chairman and CEO of Vedior France in 2002. He became a member of the Executive Board in 2003 and was appointed Head of Southern Europe in 2006. In 2007, he joined the Geoservices group (sold to Schlumberger in 2010), a technology company in the oil sector and under LBO, first as Deputy CEO and then as Chairman and CEO. In June 2011, Philippe Salle was appointed Chairman and CEO of Altran Group (a company listed on Euronext Paris), an engineering consultancy and world leader in innovation. In April 2015, Philippe Salle was appointed Chairman and Chief Executive Officer of the Elior Group (a company listed on Euronext Paris), a world leader in catering and services. In December 2017, Philippe Salle was appointed Chief Executive Officer of Emeria (a company under LBO), the world’s leading provider of real estate services and technologies.

    Philippe Salle has also served as Chairman of the Board of Directors of Viridien (formerly CGG) since 26 April 2018, and as a member of the Board of Directors of Banque Transatlantique since 2010.

    Philippe Salle is a graduate of the Ecole des Mines de Paris and holds an MBA from the Kellogg Graduate School of Management, Northwestern University (Chicago, USA). He is a Chevalier de l’ordre national du Mérite, Chevalier de la Légion d’honneur and Commandeur de l’ordre du Mérite de la République italienne.

    ***

    About Atos

    Atos is an international leader in digital transformation with around 92,000 employees and annual revenues of €10 billion. The European leader in cloud computing, cybersecurity and supercomputing, the Group provides integrated solutions to all sectors, in 69 countries. A pioneer in decarbonisation services and products, Atos is committed to delivering secure, decarbonised digital solutions to its customers. Atos is an SE (Société Européenne) listed on Euronext Paris.

    Atos’ raison d’être is to help shape the information space. With its skills and services, the Group supports the development of knowledge, education and research in a multicultural approach and contributes to the development of scientific and technological excellence. Everywhere in the world, Atos enables its customers and employees, and more generally the greatest number of people, to live, work and progress sustainably and with complete confidence in the information space.

    Contacts

    Investor Relations: David Pierre-Kahn | investors@atos.net | +33 6 28 51 45 96

    Individual shareholders: 0805 65 00 75

    Press contact: globalprteam@atos.net

    Attachment

    • PR – Atos appoints Philippe Salle

    The MIL Network –

    January 23, 2025
  • MIL-OSI Asia-Pac: Public alerted to fake websites

    Source: Hong Kong Information Services

    The Transport Department today alerted the public to fraudulent websites’ addresses which pretend to be HKeToll and seek to deceive users into making payments to obtain their credit card information.

    The two fraudulent websites’ addresses are “https://hketoll[.]shop/hk” and “https://hketollo[.]cc/hk”.

    Vehicle owners wishing to pay an outstanding toll online must log in to the HKeToll website or mobile app.

    While the case has been referred to Police for investigation, the department urges the public to stay alert when receiving unidentified messages.

    For enquiries about HKeToll, call 3853 7333.

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI New Zealand: WATER SAFETY – Key initiatives funded around the country to help reduce harm on the water – UPDATED

    Source: Maritime New Zealand

    Just under three quarters of a million dollars has been allocated to 29 programmes supporting safer boating up and down New Zealand. 
    Tragically, on average 18 people a year lose their lives in recreational craft incidents. This winter has been a stark reminder of the dangers on the water, with eight people losing their lives in four separate incidents since mid-July.
    Maritime NZ Director, Kirstie Hewlett says “getting out on the water is a key part of life in New Zealand, and the recreational craft sector want people to not only enjoy the water, but be well informed about the risks, understand what can go wrong, and to come home safe.”
    Approximately 1.7 million people in Aotearoa undertake activities on the water each year. Through the grant funding Maritime NZ looks to work with partners who can reach these recreational craft users, particularly high risk users, and deliver initiatives that can have a real impact on reducing harm on the water. A key requirement of the funding this year was that applicants could demonstrate how their initiatives delivered the outcomes in the Recreational Craft Strategy, developed by the Safer Boating Forum.
    “The recreational sector is broad, from stand up paddle boards to high powered motorboats. This funding goes to organisations right across the sector who have highly skilled and talented people that want to improve the knowledge of those who enjoy being out in the water,” she says.
    Funding will go to a range of different regional councils as well as national bodies. Some of the larger grants have gone towards supporting Coastguard.
    Among the initiatives that have secured funding are Coastguard’s Old4New lifejacket upgrade programme, as well as its bar crossing seminars; Waka Ama NZ, to build on the culture of water safety for waka ama; and Northland Regional Council’s Nobody’s Stronger Than Tangaroa campaign. Tasman District Council has received funding to appoint an Iwi Launch Warden in a remote region of Golden Bay, where there is an increased presence of recreational craft users in the holiday period.
    From spring through to Easter, many people in New Zealand enjoy the good weather out on the water. The team at Maritime NZ and its partners hope they will check out the programmes and initiatives on offer to improve their knowledge and safety skills on the water. 
    Successful recipients:
    Council / Organisation: Bay of Plenty Regional Council Programme: Kia marutau ki te wai Description: Continuation of Safer Boating Education to Maori and Pasifika to address harm and reduce fatalities by giving them access to boating education. Funding Approved: $15,000
    Council / Organisation: Bay of Plenty Regional Council Programme: Safety is our Wai Description: Continuation of on water and boat ramp education Funding Approved: $60,000
    Council / Organisation: Buller District Council Programme: Understand – Monitor – Inform Description: New Programme to deliver a West Coast regional wide safer boating education and interaction programme. Funding Approved: $7,356
    Council / Organisation: Canoe Racing New Zealand Programme: Try-Learn-Explore Description: A programme specifically focussed on safe paddling practises, and increasing knowledge and awareness of conditions. Funding Approved: $15,000
    Council / Organisation: Coastguard New Zealand Tautiaki Moana Aotearoa Programme: Old4New Lifejacket Upgrade Campaign Description: Continuation of the Old4New Lifejacket Upgrade campaign offering discounted lifejackets and PFD’s to those who upgrade their old or damaged lifejackets across NZ. Funding Approved: $80,000
    Council / Organisation: Coastguard NZ Programme: Ko Tangata Moana Description: Continuation of programme to provide education and skills to recreational craft users of Māori, Pasifika and Asian descent. Funding Approved: $90,000
    Council / Organisation: Environment Canterbury Programme: Canterbury Safe Boating Programme Description: Continuation of programme to educate safer boating on-water and at boat ramps. Funding Approved: $45,000
    Council / Organisation: Environment Southland Programme: Environment Southland Boating Safety Program Description: Continuation of existing programme to deliver consistent boating safety education to recreational boating operators on water and on boat ramps. Funding Approved: $15,000
    Council / Organisation: Gisborne District Council Programme: Tairāwhiti Haumaru Moana Description: Continuation of promoting safer boating throughout the region, particularly in more isolated and remote coastal communities in partnership with Māori Wardens. Funding Approved: $32,000
    Council / Organisation: Greater Wellington Regional Council Programme: Be Responsibility (for actions/for safety) Description: Continuation of nationally consistent safe boating messages with a strong education push and basic messaging. Funding Approved: $30,000
    Council / Organisation: Hawke’s Bay Regional Council Programme: Hawke’s Bay Safer Boating Programme Description: Continuation of education program of delivering Safer Boating Education to high risk communities. Funding Approved: $10,500
    Council / Organisation: Kiwi Association of Sea Kayakers (KASK) Programme: KayakSafe NZ Description: Continuation of delivery of key kayaking safety messages through a variety of channels. Funding Approved: $7,000
    Council / Organisation: Marlborough District Council Programme: Marlborough Boating Safety Workshop Description: Continuing of educating theory and practical boat safety to recreational craft users. Funding Approved: $15,000
    Council / Organisation: Nelson City Council Programme: Maritime Safety Internship Description: Continuation of increasing safety education and compliance for Nelson waters Funding Approved: $16,265
    Council / Organisation: Nelson City Council/Tasman District Council Programme: Sup Water Safety Course Description: Continuation of programme to educate SUP users on safety and help develop skills about informed decision making in dynamic environments. Funding Approved: $5,920
    Council / Organisation: New Zealand Stand Up Paddling Inc. (NZSUP) Programme: SUP SAFE Description: Continuation of campaign targeted at stand up paddle boarders to increase safety behaviours. Funding Approved: $16,600
    Council / Organisation: New Zealand Sport Fishing Council Inc. Programme: Coasters and Conversations – Introducing water safety to seasoned fishos and the next generation Description: New initiative that implements targeted messages that promote water safety. Funding Approved: $10,000
    Council / Organisation: New Zealand Underwater Association Programme: Fly the Flag Description: New initiative to enable boaties to access free boat dive flags & float flags. Funding Approved: $3,613
    Council / Organisation: Northland Regional Council Programme: Nobody’s stronger then Tangaroa Description: Continuation of engaging with remote communities with specific messaging and face to face engagement, and deliver lifejacket hubs. Funding Approved: $80,000
    Council / Organisation: Otago Regional Council Programme: Otago Recreational Safer Boating Campaign Description: New programme to expand community’s understanding of safety in Otago waterways. Funding Approved: $20,000
    Council / Organisation: Queenstown Lakes District Council Programme: QLDC Waterways Skipper Responsibility Campaign Description: Increased public messaging to promote skipper responsibility of waterways within region. Funding Approved: $7,000
    Council / Organisation: Surfing New Zealand Programme: Surfers Rescue 24/7 Description: New programme to encourage and develop water rescue techniques. Funding Approved: $12,500
    Council / Organisation: Tasman District Council Programme: Summer Student 2024/2025 Description: New programme to employ student to support safer boating messaging across the Tasman region. Funding Approved: $14,790
    Council / Organisation: Tasman District Council Programme: Iwi Launch Warden Description: New programme to appoint an Iwi Launch Warden in Golden Bay to increase safety awareness in remote area of the region. Funding Approved: $6,000
    Council / Organisation: Waikato Regional Council Programme: Operation Neptune Description: Continuation of on-water education engagement and enforcement while delivering safety messages Funding Approved: $40,000
    Council / Organisation: Waka Ama NZ Programme: Building a culture of water safety for Waka Ama NZ Description: Continuation of building a culture of water safety for Waka Ama NZ by CBE Waka Ama Safety Courses and Social Media campaigns. Funding Approved: $23,500
    Council / Organisation: Watersafe Auckland Inc.(Drowning Prevention Auckland) Programme: WaiWise for Safer Boating for Pacific Peoples, and Asian Communities Description: Continuation of programme to provide specific drowning prevention education for the three at-risk communities in Tāmaki Makaurau. Funding Approved: $19,482
    Council / Organisation: Watersafe Auckland Inc.(Drowning Prevention Auckland) Programme: Expansion of Lifejacket Hubs Description: Continuation to provide hubs where people can access lifejackets and support the establishment of further hubs. Funding Approved: $40,000
    Council / Organisation: Yachting New Zealand Programme: Yachting New Zealand Coastal Personal Safety Course Description: A new programme to deliver a coastal yacht personal safety course. Funding Approved: $5,500
    Total Funding Approved: $743,026

    MIL OSI New Zealand News –

    January 23, 2025
  • MIL-OSI Banking: Human-centered Design Improves Transport in Ulaanbaatar’s Ger Areas

    Source: Asia Development Bank

    ADB used human-centered design for the Improving Transport Services in Ger Areas project. Prior to the start of the project, ADB conducted a detailed needs assessment, engaging residents in Ulaanbaatar’s ger areas to understand what improving transport meant for community members instead of defaulting to usual problem statements and solutions. The project conducted focus group discussions with residents including persons with disabilities, older people, school children, women and other community members. 

    The team then engaged closely with four community representatives—a person with disability, an elderly woman, a young girl, and a mother with three young children—to deeply understand their experiences through visual journey maps.  

    Using body cameras, the residents went through their daily travels to show pain points and issues they encountered along their journeys. The project addressed the identified challenges of accessibility and usability, personal safety and security, and road safety through system-wide interventions.  

    At the end of the project, the residents visually mapped their journeys again, but this time, they tried out the improved infrastructure and systems that they wanted addressed at the project’s start.  Ramps, low-floor buses, bus announcement speakers, better located stairs and crossings responded to accessibility issues. Bus driver training, security cameras, crime-prevention through environmental design, public communication on harassment, and feedback mechanisms responded to concerns about personal safety. Pedestrian crossings, lane demarcation, clear signage, footpaths, speed bumps, and better designed bus shelters with relevant information on routes, schedules and other transport information addressed road safety concerns.  

    The project was supported by the Municipality of Ulaanbaatar, the Public Transport Department, JFPR and EAPKF.

    Watch the other videos on the individual stories of the person with disability, mother with young children, young girl and an elderly woman, and how their inputs influenced the project’s technical design:

    Transcript

    Stories helped design this project. Partnerships built it.

    The project, Improving Transport Services in Ger Areas used human-centered design to understand user needs and design appropriate interventions.

    Byambadorj’s story filmed before the project started told us that designs cannot ignore those who travel differently.  

    The slope is very steep. 

    To go down, I have to go inch by inch, like this.

    I can only go up this steep ramp with someone else’s assistance.  

    Curb ramps should be done according to standards.

    For a person on a wheelchair, boarding a bus is a miracle.  

    It would be better if buses have ramps.

    Using Byambadorj’s story, discussions with other users, and technical review, we built new ramps in strategic places for safety and access.  

    The Public Transport Department ensured accessible low-floor buses with ramps would be used on the Chingeltei corridor to aid in mobility.

    Before the project started, Tserenbadam’s stories and stakeholder consultations emphasized that commuters deserve safer driving practices, accurate information, and a way to easily report incidents.

    Sometimes there is a long wait for the bus.

    Those with better legs would run to the bus stop.

    Bus drivers talk on the phone a lot while on the road.

    One bus is racing with another bus.

    They often race with each other to get more passengers.  

    From Tserenbadam’s stories and other user insights, we developed a customer feedback system for commuters to report issues.  

    Bus schedules and other information are visibly displayed in new bus stops.    

    Bus drivers were trained in safe driving and customer service. CCTV cameras inside buses monitor driver and passenger behavior for improved commuting experiences.

    Uzmee’s stories highlighted that infrastructure must accommodate the needs of vulnerable road users across seasons.

    There should be barriers on roadsides because children have high risk of running onto the road.

    We should analyze the frequently used exits and entrances, then put stairs where necessary.  

    A proper bus shelter would be a refuge from the cold for children.

    These stories, with road safety auditing and information from the traffic police, helped identify key areas to add speed bumps, pedestrian crossings, and stairs.

    We installed bus shelters for weather protection, comfort and information.  

    Infrastructure design removed blind spots, enforce security and prevent crime.    

    Throughout the project, we engaged with civil society and established a community council for sustainable change.  

    Infrastructure built.  

    Systems installed.  

    Enforcement in place.  

    Driver behavior improved.  

    Community mobilized.

    Stories helped design this project.

    Partnerships built it.  

    With ADB, JFPR and EAPKF support, the local government and community are taking ownership of people’s safe, and inclusive mobility. 

    MIL OSI Global Banks –

    January 23, 2025
  • MIL-OSI Banking: Disasters Trigger More Displacements than Conflicts, Says New ADB-IDMC Report

    Source: Asia Development Bank

    MANILA, PHILIPPINES (15 October 2024) — Global disasters accounted for more displacements in 2023 than conflict and violence, and governments and multilateral development banks must invest more to prevent and manage these crises, according to a new report jointly authored by the Asian Development Bank (ADB) and the Internal Displacement Monitoring Centre (IDMC).

    The report found that last year, 26.4 million internal displacements—or forced movements within one’s country—were caused by disasters, compared to 20.5 million caused by conflict and violence.

    The report, Harnessing Development Financing for Solutions to Displacement in the Context of Disasters and Climate Change in Asia and the Pacific, found most of the disaster displacement recorded globally in the past 10 years occurred in Asia and the Pacific, with 177 million internal displacements reported during 2014−2023. ADB’s developing member countries (DMCs) accounted for 95% of that total—more than 168 million displacements. The report warns that the effects of climate change will likely increase the scale, duration, and severity of displaced persons globally.

    “Addressing displacement in the context of climate change and disasters is a significant challenge for the region,” said ADB Vice-President Fatima Yasmin. “However, we know what needs to be done and how to do it. Development and adaptation finance channeled through multilateral development banks, such as ADB, can support member countries in addressing the root causes of displacement through sector investments, technical assistance, and cofinancing.”

    “Disaster displacement can upend lives, cost countries billions of dollars, and set back development efforts by years, but it doesn’t have to be this way,” said IDMC Director Alexandra Bilak. “Investments in disaster risk reduction and climate adaptation plans can reduce the scale and negative impacts of displacement. The payoff could be huge.”

    The report outlines several ways development finance can be used to prevent and respond to displacement. Multilateral development banks can support and encourage displacement-inclusive policies and investments, better national data systems, and raise awareness for countries to include displacement in their development strategies.

    The report says governments also need to better reflect their priorities to reduce displacement through specific and concrete measures in the national development plans, adaptation and disaster risk reduction plans, and nationally determined contributions, and to better recognize the complexity of displacement occurring in the context of climate change.

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members—49 from the region.

    MIL OSI Global Banks –

    January 23, 2025
  • MIL-OSI Banking: ADB Invests $12.5 Million in Khan Bank’s Milestone Green Bonds, a First in Mongolia

    Source: Asia Development Bank

    ULAANBAATAR, MONGOLIA (15 October 2024) — The Asian Development Bank (ADB) has invested $12.5 million in a green bond issued by Khan Bank JSC under the first green thematic bond program on the Mongolian Stock Exchange. The proceeds from the three-year bonds will be used to provide green sub-loans, with a strong focus on supporting small and medium-sized enterprises (SMEs) and microenterprises, particularly those owned or managed by women.

    The European Bank for Reconstruction and Development (EBRD) has invested an equal amount in the Khan Bank bond, together ADB and the EBRD as strategic investors, fully subscribed to the entire United States dollar tranche. An additional $5 million tranche denominated in togrog was offered to local retail investors.

    “This landmark green bond offering deepens Mongolia’s green finance market while enabling inclusive investments to support small businesses, including those run by women, and improve the livelihoods of smallholder farmers,” said ADB’s Director General for the Private Sector Operations Department Suzanne Gaboury. “ADB is pleased to support Khan Bank in this milestone green bond issuance, which sets a precedent for future inclusive green financing in Mongolia.”

    In 2019, the Financial Stability Council of Mongolia approved a green taxonomy to help identify and classify investments based on their environmental sustainability. The banking sector has committed to achieving a green loan target of 10% by 2030. So far only a few banks are funding green investments, and their green loan book is nascent at only 3.2% of loans outstanding as of June 2024.

    “This placement of a United States dollar-denominated green bond in Mongolia highlights Khan Bank’s ability to attract new international funds in its capital market. This is through an innovative asset class while demonstrating the confidence that international investors have in Khan Bank,” said Khan Bank Chief Executive Officer Munkhtuya Rentsenbat. “This issuance aligns with our strategy to become the leading provider of green finance in the country while supporting our clients on their journey towards transition and adopting green and sustainable practices while contributing to the country’s climate goals.” 

    Khan Bank is Mongolia’s largest bank, serving over half a million borrowers, including low-income small and microenterprise, and self-employed farmholders and livestock herders. More than half of Khan Bank’s customers come from rural regions, and over half of SME borrowers are women

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members—49 from the region.

    MIL OSI Global Banks –

    January 23, 2025
  • MIL-Evening Report: Banning debit card surcharges could save $500 million a year – if traders don’t claw back the money in other ways

    Source: The Conversation (Au and NZ) – By Angel Zhong, Associate Professor of Finance, RMIT University

    Galdric PS/Shutterstock

    In a move that could reshape how Australians pay for everyday purchases, the federal government is preparing to ban businesses from slapping surcharges on debit card transactions.

    This plan, pending a review by the Reserve Bank of Australia (RBA), promises to put money back into consumers’ pockets.

    The RBA, which is accepting submissions until December, released its first consultation paper on Tuesday to coincide with Prime Minister Anthony Albanese and Treasurer Jim Chalmers’ joint announcement.

    But as with any significant policy shift, it’s worth taking a closer look to see what it really means for all of us.

    How much are we really saving?

    Based on RBA data, the potential savings are huge – up to $500 million a year if surcharges on debit cards are banned.

    And if the government goes one step further and includes credit card transaction fees in the ban, those savings could hit a massive $1 billion annually.

    While these figures sound impressive, when you break it down, the savings per cardholder would amount to around $140 annually.

    It’s not a life-changing amount, but for frequent shoppers or anyone making larger purchases, it could add up.

    Of course, not everyone will benefit equally. Those who shop less might not notice the difference.

    How does Australia stack up globally?

    RBA data shows Australians are paying more in merchant service fees than people in Europe, but less than consumers in the United States.

    These fees are what businesses pay to accept card payments, and they get passed on to us in the form of surcharges.



    The proposed ban on debit card surcharges occupies a middle ground in the global regulatory landscape. The European Union, United Kingdom and Malaysia have implemented comprehensive bans on surcharges for most debit and credit card transactions.

    But in the US and Canada, businesses can still charge you for using a credit card, though debit card surcharges aren’t allowed.

    The merchant’s perspective

    While the surcharge ban seems like a clear win for consumers, it’s essential to consider the impact on merchants, especially small businesses. The reality is not all merchants are created equal when it comes to card payment fees.

    In Australia, there’s a significant disparity between the fees paid by large and small merchants. In fact, RBA data shows small businesses pay fees about three times higher than what larger businesses pay.

    It all comes down to bargaining power. Bigger businesses can negotiate better deals on fees. This difference is primarily driven by the ability of larger merchants to thrash out favourable wholesale fees for processing card transactions.

    For small businesses, the cost of accepting cards can range from under 1% to more than 2% of the transaction value, which can eat into profits, especially for those working with tight margins.

    While the ban may sound like good news for consumers, there’s still a need to fix the bigger issues in the payment system. Innovations like “least-cost routing”, which allows businesses to process transactions at the lowest possible cost, could potentially help level the playing field.

    How businesses might exploit the loopholes?

    If payment costs are entirely passed on to merchants, they might find ways to recover those expenses through other means. We’ve seen this happen in other countries that abolished surcharges. Some potential strategies include

    • slightly raising overall prices to cover lost surcharge revenue
    • implementing or increasing minimum purchase requirements for card payments
    • introducing new “service” or “convenience” fees for all transactions, or increasing weekend and holiday surcharges.

    Most of these tactics have been around for a while. The challenge for regulators will be to monitor and address any new practices that emerge in response to the new rules.

    Credit cards: the elephant in the room

    While the ban on debit card surcharges is a step in the right direction, it raises an obvious question: why not extend it to credit cards?

    The option to ban credit card surcharges along with debit cards is proposed in the RBA’s review consultation paper. The answer lies in the complex web of interchange fees and merchant costs associated with credit card transactions.

    Credit card transactions cost merchants more to process because of additional services and rewards programs offered by credit card issuers.

    Banning surcharges on these could potentially lead to merchants increasing their base prices to cover these costs. This could effectively result in users of lower-cost payment methods subsidising those opting for premium cards.

    The absence of surcharges could also reduce the competitive pressure on card networks to keep their fees in check, potentially leading to higher costs in the long run.

    Some countries have managed to ban surcharges on credit cards, but they usually have stricter regulations around interchange fees than we do in Australia.

    As policymakers grapple with this complex issue, they must weigh the benefits of consumer simplicity against the risk of distorting market signals and potentially increasing costs for both merchants and consumers alike.

    Angel Zhong 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. Banning debit card surcharges could save $500 million a year – if traders don’t claw back the money in other ways – https://theconversation.com/banning-debit-card-surcharges-could-save-500-million-a-year-if-traders-dont-claw-back-the-money-in-other-ways-241354

    MIL OSI Analysis – EveningReport.nz –

    January 23, 2025
  • MIL-OSI Asia-Pac: Lands Department extends coverage of 3D Digital Maps

    Source: Hong Kong Government special administrative region

    Lands Department extends coverage of 3D Digital Maps
    Lands Department extends coverage of 3D Digital Maps
    ****************************************************

         The Lands Department (LandsD) today (October 15) launched a 3D Visualisation Map of Kowloon West and New Territories Northwest, and a 3D Indoor Map of Kowloon West.           The 3D Visualisation Map of Kowloon West and New Territories Northwest covers around 63 600 buildings and about 770 infrastructure facilities, including flyovers, footbridges and subways. The 3D Indoor Map of Kowloon West covers around 70 buildings, including government and private buildings and community facilities, and provides information on floors, units and points-of-interest for promoting innovative indoor data applications, such as location-based services, tourism and indoor navigation.           Moreover, the coverage of the “Streetscape 360” function of the 3D Visualisation Map, which offers 360-degree street-level panoramic images, has been extended from Kowloon East and Kowloon Central to Kowloon West, Lantau and New Territories Northwest.           The datasets of the abovementioned 3D Digital Maps, relevant Application Programming Interface and sample codes are available on the Common Spatial Data Infrastructure Portal (portal.csdi.gov.hk) and the online application platform “Open3Dhk” (3d.map.gov.hk) for free download by the public to facilitate the development of web services and smart applications by the innovation and technology sector and academia.           To promote smart city development, the LandsD will continue to develop and release 3D Digital Maps for other districts.

     
    Ends/Tuesday, October 15, 2024Issued at HKT 14:00

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    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI China: China, Vietnam agree to manage maritime differences through talks

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

    HANOI, Oct. 14 — China and Vietnam conducted an in-depth and candid exchange of views on maritime issues, stressing the need to better manage and actively resolve maritime differences and maintain peace and stability in the South China Sea and the region, said a joint statement on Monday.

    The two sides agreed to properly manage differences through friendly consultation, actively seek a basic and long-term resolution which is mutually acceptable and conforms to the agreement on the basic principles guiding the settlement of sea-related matters between China and Vietnam as well as international law including the United Nations Convention on the Law of the Sea (UNCLOS), said the statement.

    They agreed to refrain from actions that could complicate the situation or escalate disputes to jointly safeguard maritime stability.

    The two sides also agreed to continue the comprehensive and effective implementation of the Declaration on the Conduct of Parties in the South China Sea, and to conclude a substantive and effective Code of Conduct in the South China Sea that is consistent with international law, including UNCLOS, at an early date based on consensus through consultation.

    MIL OSI China News –

    January 23, 2025
  • MIL-OSI China: MOFA sincerely thanks international community for taking concrete actions to support Taiwan’s UN participation

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    October 4, 2024
    No. 058

    The General Debate of the 79th session of the United Nations General Assembly (UNGA) concluded on September 30. The Ministry of Foreign Affairs (MOFA) sincerely thanks the diplomatic allies, like-minded countries, and friends from around the world who expressed support for Taiwan’s participation in the UN and refuted China’s deliberate misrepresentation of UNGA Resolution 2758 in various ways, both in the chamber and on the sidelines of the event. 

    High-level government officials from Taiwan’s diplomatic allies Paraguay, the Marshall Islands, Palau, Saint Vincent and the Grenadines, Eswatini, Tuvalu, Saint Christopher and Nevis, Saint Lucia, and Belize spoke up for Taiwan at the UN General Debate and Summit of the Future. Officials from the Marshall Islands, Palau, Tuvalu, and Saint Lucia explicitly pointed out that UNGA Resolution 2758 did not preclude Taiwan’s participation in the UN system. Following similar remarks in 2022, US President Joe Biden again used his speech to the UN General Debate to spell out the United States’ commitment to maintaining peace and stability across the Taiwan Strait. Australia mentioned the Taiwan Strait for the first time at the UN General Debate, with Minister for Foreign Affairs Penny Wong stating that Australia had consistently pressed China on peace and stability in the Taiwan Strait.  

    At a US House of Representatives Committee on Foreign Affairs hearing held a few days before the UN General Debate, US Deputy Secretary of State Kurt Campbell criticized China for using UNGA Resolution 2758 as a diplomatic tool to suppress Taiwan’s status. In response to a question in parliament, Dutch Minister of Foreign Affairs Caspar Veldkamp openly acknowledged that the resolution had nothing to do with Taiwan. Following a meeting on the sidelines of the UNGA held by the Group of Seven (G7) foreign ministers and the European Union high representative for foreign affairs and security policy, the chair of the meeting released a statement reaffirming the importance of cross-strait peace and stability to international security and prosperity as well as supporting Taiwan’s international participation. 

    Joint statements expressing a high regard for cross-strait peace and stability were issued after other recent high-level meetings, including the Quad leaders’ summit, the seventh high-level meeting of the EU-US Dialogue on China, the US-Japan summit meeting, the UK-US Strategic Dialogue, the Japan-Australia Foreign and Defence Ministerial Consultations, the Republic of Korea-New Zealand bilateral meeting, and the Lithuania-US Strategic Dialogue on the Indo-Pacific.

    In terms of legislative branches, the Inter-Parliamentary Alliance on China passed a model resolution on UNGA Resolution 2758 on July 30 for its members’ reference. The Australian Senate, the Dutch House of Representatives, and the Guatemalan Congress have since adopted motions in support of Taiwan based on the model resolution. The Foreign Affairs Committee of the Italian Chamber of Deputies also approved a resolution backing Taiwan’s international participation, demonstrating staunch support for Taiwan.

    Speaking for the first time on the sidelines of the UNGA at the annual summit of the New York-based nonprofit organization Concordia through prerecorded remarks, President Lai Ching-te told the UN family that Taiwan would strive to maintain regional peace and stability and urged the international community to support Taiwan’s participation.  Ambassador Alexander Tah-ray Yui, Representative to the United States, held a discussion with former US Under Secretary of State for Economic Growth, Energy, and the Environment Keith Krach on cross-strait peace and security and Taiwan’s campaign to participate in the UN. During the UNGA, Taiwan cohosted a seminar in New York with the United States, Japan, Australia, and Canada under the Global Cooperation and Training Framework. The event underscored Taiwan’s resolve to contribute to the global community.

    MOFA also appreciates the unwavering support of the Legislative Yuan. A cross-party delegation of legislators—including Ngalim Tiunn, Wu Tsung-hsien, and Wu Chun-cheng—visited New York during the UNGA to provide guidance and take part in related activities. The group powerfully conveyed the strong desire of the Taiwanese people to be part of the UN system.

    Through an international publicity and new media campaign, the government effectively communicated Taiwan’s demands for UN participation to all quarters. An op-ed by Minister of Foreign Affairs Lin Chia-lung, letters to the editor from Taiwan’s overseas missions, and interviews with Taiwanese ambassadors and representatives appeared 455 times in mainstream international media outlets. These included the Diplomat, the Hill, the Washington Times, National Review, and the New York Sun in the United States; Modern Diplomacy and the European Business Review in the European Union; the National Post in Canada; Le Figaro in France; Norrbottens-Kuriren in Sweden; La Razón in Spain; De Telegraaf and Nederlands Dagblad in the Netherlands; Euractiv in Greece; Rzeczpospolita in Poland; La Verità and Le Formiche in Italy; the Sankei Shimbun in Japan; the Chosun Ilbo in the Republic of Korea; the Philippine Star in the Philippines; the Hindustan Times and the Tribune in India; the Jerusalem Post in Israel; La Razón in Peru; the Eswatini Observer in Eswatini; La Nación in Paraguay; O Tempo in Brazil; Jelen in Hungary; and the Daily News in Thailand. 

    The short promotional film IC You received more than 25.4 million views—again breaking the record for Taiwan’s annual campaign. During the UNGA, MOFA and its overseas missions released 2,922 posts about Taiwan’s bid on social media platforms including Facebook, X, Instagram, and Threads. The posts were seen over 48.378 million times and received an unprecedentedly warm response. A short animation video, UNity through Peace: Chip in with Taiwan, was shown on a large billboard in New York City’s iconic Times Square. The advertisement featured elements including semiconductor circuits and Taiwan’s contributions to achieving the UN Sustainable Development Goals (SDGs). The video conveyed Taiwan’s strengths in IC technology, highlighted its image as a responsible member of the global community, and broadened worldwide recognition and support for Taiwan’s call for international participation.

    MOFA reiterates that UNGA Resolution 2758 does not mention Taiwan. The resolution therefore has nothing to do with Taiwan and cannot serve as the basis for precluding Taiwan from the UN system and other international organizations. Taiwan is determined, willing, and able to contribute to the global community. Continuing to exclude Taiwan from multilateral endeavors will not only be a loss to humanity but also detrimental to realizing the SDGs. To uphold the UN principle of leaving no one behind, MOFA again calls on the UN to stop bowing to pressure from China and swiftly allow Taiwan’s full participation. (E)

    MIL OSI China News –

    January 23, 2025
  • MIL-OSI Asia-Pac: Auction of traditional vehicle registration marks to be held on November 2

    Source: Hong Kong Government special administrative region

    Auction of traditional vehicle registration marks to be held on November 2
    Auction of traditional vehicle registration marks to be held on November 2
    **************************************************************************

         The Transport Department (TD) today (October 15) announced that the auction of traditional vehicle registration marks will be held on November 2 (Saturday) in Meeting Room S221, L2, Old Wing, Hong Kong Convention and Exhibition Centre, Wan Chai.     “A total of 350 vehicle registration marks will be put up for public auction. The list of marks has been uploaded to the department’s website, http://www.td.gov.hk/en/public_services/vehicle_registration_mark/index.html,” a department spokesman said.     Applicants who have paid a deposit of $1,000 to reserve a mark for auction should also participate in the bidding (including the first bid at the reserve price of $1,000). Otherwise, the mark concerned may be sold to another bidder at the reserve price.     People who wish to participate in the bidding at the auction should take note of the following important points:(1) Successful bidders are required to produce the following documents for completion of registration and payment procedures immediately after the successful bidding:(i) the identity document of the successful bidder;(ii) the identity document of the purchaser if it is different from the successful bidder;(iii) a copy of the Certificate of Incorporation if the purchaser is a body corporate; and(iv) a crossed cheque made payable to “The Government of the Hong Kong Special Administrative Region” or “The Government of the HKSAR”. (For an auctioned mark paid for by cheque, the first three working days after the date of auction will be required for cheque clearance confirmation before processing of the application for mark assignment can be completed.) Successful bidders can also pay through the Easy Pay System (EPS). Payment by post-dated cheques, cash or other methods will not be accepted.(2) Purchasers must make payment of the purchase price through EPS or by crossed cheque and complete the Memorandum of Sale of Registration Mark immediately after the bidding. Subsequent alteration of the particulars in the memorandum will not be permitted.(3) A vehicle registration mark can only be assigned to a motor vehicle which is registered in the name of the purchaser. The Certificate of Incorporation must be produced immediately by the purchaser if a vehicle registration mark purchased is to be registered under the name of a body corporate.(4) Special registration marks are non-transferable. Where the ownership of a motor vehicle with a special registration mark is transferred, the allocation of the special registration mark shall be cancelled.(5) The purchaser shall, within 12 months after the date of auction, apply to the Commissioner for Transport for the registration mark to be assigned to a motor vehicle registered in the name of the purchaser. If the purchaser fails to assign the registration mark within 12 months, allocation of the mark will be cancelled and arranged for re-allocation in accordance with the statutory provision without prior notice to the purchaser.     For other auction details, please refer to the Guidance Notes – Auction of Traditional Vehicle Registration Marks, which can be downloaded from the department’s website, http://www.td.gov.hk/en/public_services/vehicle_registration_mark/tvrm_auction/index.html.

     
    Ends/Tuesday, October 15, 2024Issued at HKT 14:30

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    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI China: Foreign Minister Lin hosts welcome dinner for Tuvalu Prime Minister Teo and his wife

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    Foreign Minister Lin hosts welcome dinner for Tuvalu Prime Minister Teo and his wife

    • Date:2024-10-10
    • Data Source:Department of East Asian and Pacific Affairs

    October 10, 2024
    No. 345

    Prime Minister of Tuvalu Feleti Penitala Teo and Madame Tausaga Teo led a delegation to Taiwan to attend National Day celebrations. Minister of Foreign Affairs Lin Chia-lung hosted a dinner for the delegation on October 9, extending a heartfelt welcome on behalf of the government.

    Minister Lin welcomed Prime Minister Teo on his second visit to Taiwan since assuming office in February. He said that Prime Minister Teo’s presence, this time as a guest of honor at National Day celebrations, underscored the immense importance he placed on the diplomatic partnership between Taiwan and Tuvalu. Minister Lin noted that this year marked the 45th anniversary of diplomatic relations and that Tuvalu was Taiwan’s longest-standing Pacific ally. He said that Taiwan would build on this existing robust foundation to further deepen cooperation with Tuvalu in such important domains as climate change, ICT, medicine and health care, talent cultivation, women’s empowerment, and basic infrastructure.

    Minister Lin expressed special appreciation for Prime Minister Teo’s staunch support for Taiwan’s international participation over the years. He thanked Prime Minister Teo for speaking up for Taiwan at this year’s United Nations General Assembly (UNGA), for reiterating that UNGA Resolution 2758 did not preclude Taiwan’s participation in the UN, and for strongly urging the UN to include Taiwan so as to truly “leave no one behind.”

    Prime Minister Teo began his remarks by thanking Taiwan for inviting him to visit and wishing Taiwan a happy National Day and continued prosperity. He stated that in addition to attending National Day celebrations, he would also travel to southern Taiwan to engage in exchanges with fisheries operators so as to enhance bilateral fisheries cooperation. Stressing that Taiwan and Tuvalu had enjoyed an enduring friendship and realized significant achievements in many areas of collaboration, Prime Minister Teo said that the two countries would continue to work together to enhance the well-being of both their peoples. 

    As October 9 also happened to be Prime Minister Teo’s birthday, Minister Lin had prepared a birthday cake to celebrate the occasion. In the warm and cordial atmosphere of the gathering, members of the visiting delegation performed traditional Tuvaluan songs in a show of Austronesian culture. Colleagues from the Ministry of Foreign Affairs sang a selection of Taiwanese songs in return. (E)

    MIL OSI China News –

    January 23, 2025
  • MIL-OSI New Zealand: Education – Final practise run at Ara for Global Chef competition

    Source: Ara Institute of Canterbury

    It’s 20 years since Southland’s Cameron Davies graduated with his cookery qualification from what is now Ara Institute of Canterbury. But last week he was back on campus cooking up a storm enroute to the prestigious Global Chef competition in Singapore.
    It was the final rehearsal for the Ara “dream team” made up of Davies, recent graduate Quinn Ojala and Ara tutor Mark Sycamore as coach. They worked under competition conditions to prepare 12 portions of the set menu (four courses) twice over three days. Each run through a seven-hour marathon effort.
    Now owner of the famed Fat Duck restaurant in Te Anau, it’s been a long haul for Davies and his team involving several rounds of qualifying, then test runs in training kitchens in Christchurch and Invercargill, spending hours getting to the point of perfection.
    “I’m excited. The final test runs have gone extremely well here at Ara. I’m privileged to represent New Zealand and now I can’t wait,” Davies said.
    The competition will see 16 international chefs cook four courses over seven hours with 20 judges constantly roaming by their benches, scrutinising their every move.
    Davies will be assisted by Ojala, an exceptional young chef currently working at Christchurch’s Inati restaurant and winner of Outstanding Emerging Chef at the recent Christchurch Hospitality awards.
    “I’m just incredibly excited. This will be an amazing experience on my chef’s journey,” Ojala said. 
    Sycamore, former NZ Chef of the Year is one of the very few New Zealanders to claim a spot in the famed Global Chef Challenge. He was impressed by what he saw in the Ara kitchen and said the team was ready for the pressure of international competition.
    “It can come down to tiny margins with mere points in it as 48 plates of food are prepared,” Sycamore said. “Just 60 percent of the marking is on food, forty percent of the mark is based on how they are in the kitchen, their set up, preparation, how they interact and their technique.”
    The competition menu is strictly set but Davies is getting as much “Kiwi” in there as he can including green lipped mussels, seaweed, New Zealand black garlic, mushrooms, clover honey, as well as Southland beetroot and hazelnuts.
    His own tutor, David Spice, who still wears a white coat at Ara, couldn’t resist keeping an eye on the final cook. Invited to dine at one of the rehearsals, Spice remembered Davies as a student “who had that drive to go a little bit further”.
    Singapore’s a long way from the Sheffield A&P show where Davies first entered competition cooking – winning awards with his grandmother’s jam recipes – but he says he’s ready for the international stage and grateful for his training and support from Ara.
    “I had amazing tutelage and amazing chefs around me when I was learning. Now having Quinn here alongside me and Mark in our team it almost feels like coming full circle,” Davies said.
    Twenty years since he honed his craft, Davies will be doing his all to taste success in Singapore on October 24.

    MIL OSI New Zealand News –

    January 23, 2025
  • MIL-OSI New Zealand: Asia New Zealand Foundation and The Asia Foundation announce strategic partnership

    Source: Asia New Zealand Foundation

    Wellington, New Zealand and San Francisco, CA – 15 October 2024 – The Asia New Zealand Foundation Te Whītau Tūhono and The Asia Foundation are pleased to announce a new formal collaborative partnership to deepen ties between Asia and New Zealand.
    This collaboration aligns with the Asia New Zealand Foundation’s 30 th anniversary and aims to support more research initiatives and dialogues across the Asia region.
    For three decades, the Asia New Zealand Foundation has been dedicated to growing New Zealand’s Asia capability through initiatives that support experiences and insights on Asia. The Asia Foundation (TAF), with its extensive network of 17 permanent offices across 20 countries dedicated to improving lives and expanding opportunities across Asia and the Pacific, is a natural partner.
    “This partnership represents a significant step forward in our efforts to strengthen New Zealand’s engagement with Asia,” says Suzannah Jessep, chief executive of the Asia New Zealand Foundation. “As the Asia region becomes increasingly complex, demand for the Foundation’s work has grown, particularly in the realm of track 1.5 and track 2 dialogues.”
    “We are delighted to deepen our collaboration with the Asia New Zealand Foundation, an important and thoughtful voice on Asia. This partnership reflects our shared interest in finding meaningful new ways for Asia and New Zealand to deepen collaboration,” adds Laurel Miller, President and CEO of The Asia Foundation.
    Key areas of the partnership will include convening meetings and roundtables, bilateral, trilateral, and/or regional dialogues, spearheading joint research projects and launching a signature conference on Asia and contemporary issues in the region to be held in New Zealand.
    Since 1954, TAF has supported governments, innovative leaders and communities in Asia to build effective institutions, strengthen civic engagement and advance pathbreaking reforms. With a 70-year history of enduring impact, the international nonprofit continues to deliver benefits both within individual countries and throughout the region.
    “Given the importance of Asia to New Zealand, it is timely to build partnerships that can help expand our reach and understanding of the region. The Asia Foundation has tremendous network and expertise across Asia, and we in turn can help connect TAF with New Zealand,” says Dr Julia Macdonald, director of research and engagement at the Foundation.
    The partnership between the Asia New Zealand Foundation and TAF represents a significant step toward supporting the Foundation’s vision of a ‘New Zealand confident in and with Asia’ and reinforces TAF’s commitment to a peaceful, just and thriving Asia-Pacific.
    About the Asia New Zealand Foundation Te Whītau Tūhono
    Established in 1994, the Asia New Zealand Foundation Te Whītau Tūhono is New Zealand’s leading authority on Asia. Its mission is to equip New Zealanders to thrive in Asia, by providing experiences and resources to build knowledge, skills and confidence. The Foundation’s activities cover more than 20 countries in Asia and are delivered through eight core programmes: arts, business, entrepreneurship, leadership, media, research, Track II diplomacy and sports.
    About The Asia Foundation
    The Asia Foundation is a nonprofit international development organization committed to improving lives and expanding opportunities across Asia and the Pacific. Informed by 70 years of experience and deep local knowledge, TAF’s thought leadership, partnerships and activities focus on governance, climate action, gender equality, education and leadership, inclusive growth, and international cooperation. 

    MIL OSI New Zealand News –

    January 23, 2025
  • MIL-OSI Banking: AIIB, Alliance to End Plastic Waste to Invest in Solid Waste Management Solutions Across Indonesia

    Source: Asia Infrastructure Investment Bank

    The Asian Infrastructure Investment Bank (AIIB) and the Alliance to End Plastic Waste (AEPW) have launched a cofinancing initiative focused on integrated solid waste management services and solutions in more than 10 cities and districts in Indonesia.

    Held earlier in Uzbekistan alongside the 2024 AIIB Annual Meeting, the event was attended by Dian Lestari, Director of Grants and Loans, Ministry of Finance, and Ariadi Kurniawan, Senior Representative of Indonesia’s Ministry for National Development Planning. Jacob Duer, President and CEO of AEPW, and Rajat Misra, AIIB Acting Vice President for Investment Clients Region 1 and Financial Institutions and Funds, Global, signed the Letter of Intent.

    The collaboration will enable AEPW to contribute concessional resources into the Solid Waste Management for Sustainable Urban Development Project in Indonesia via AIIB’s Project-Specific Window. AEPW is AIIB’s inaugural private partner through this specific window.

    “This is a vital step in our shared ambition to forge an impactful partnership during a critical juncture for sustainable development,” Misra said. “This partnership will strengthen institutional capacity for solid waste management at both the national and subnational levels.”

    In this project, AIIB aims to provide solid waste management services that are climate-aligned and circular economy principles, benefitting over 9 million people in major cities and provinces. In a circular economy, products and materials are kept in use for as long as possible through “reuse, reduce and recycle” strategies. This project will focus on waste management infrastructure, building the capacity of sub-sovereign entities and catalyzing community change behavior while addressing livelihood concerns faced by informal-sector workers.

    AEPW’s investment of USD21.5 million complements the blended finance project financing package in Indonesia, accelerating the shift toward a circular economy that tackles the challenges of mismanaged waste, particularly plastic waste. The funding package includes AIIB’s planned financing of USD150 million over the next five years.

    This cofinancing, which may be complemented with further concessional resources, is in addition to the USD2 million project-preparation grant from AEPW, and facilitated by AIIB, for best practices on climate, environmental and social standards for developing circular and end-to-end waste management solutions.

    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 AEPW

    The Alliance to End Plastic Waste is a global non-profit organisation with the mission to end plastic waste in the environment and to advance a circular economy for plastics. The Alliance convenes more than 70 companies across the plastic value chain with local communities, civil society groups, intergovernmental organizations, and governments. The collective know-how, experience and resources of this global network enables the current portfolio of more than 50 projects. For more information, visit: www.endplasticwaste.org.

    MIL OSI Global Banks –

    January 23, 2025
  • MIL-OSI: Zscaler Identifies More Than 200 Malicious Apps in the Google Play Store, with Over 8 Million Installs

    Source: GlobeNewswire (MIL-OSI)

    Key Findings:

    • Mobile remains a top threat vector, with 111% growth in spyware and 29% growth in banking malware
    • Technology, education, and manufacturing sectors continue to be most susceptible to attacks
    • The United States remains the top target for IoT, OT, and mobile cybersecurity attacks

    SAN JOSE, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today published its Zscaler ThreatLabz 2024 Mobile, IoT, and OT Threat Report, which offers an overview of the mobile and IoT/OT cyber threat landscape from June 2023 through May 2024. The findings in this report stress the urgency for organizations to reevaluate and secure mobile devices, IoT devices and OT systems. ThreatLabz identified more than 200 malicious apps in the Google Play Store, with more than 8 million collective installs, and the Zscaler cloud blocked 45% more IoT malware transactions than last year–indicative of botnets continuing to proliferate across IoT devices.

    “Cybercriminals are increasingly targeting legacy exposed assets which often act as a beachhead to IoT & OT environments, resulting in data breaches and ransomware attacks,” said Deepen Desai, Chief Security Officer at Zscaler. “Mobile malware and AI driven vishing attacks adds to that list making it critical for CISOs and CIOs to prioritize an AI powered zero trust solution to shut down attack vectors of all kinds safeguarding against these attacks.”

    Financially motivated mobile attacks remain a top threat vector
    With 29% growth in banking malware attacks and a 111% rise in spyware year over year, cyberattacks have never been more profitable for threat actors, either through monetary gain via direct extortion or passthrough use of stolen personally identifiable information (PII) and user credentials that can be sold and leveraged in future attacks.

    Anatsa, a known Android banking malware that uses PDF and QR code readers to distribute malware, has targeted more than 650 financial institutions, and more specifically, users in Germany, Spain, Finland, South Korea and Singapore.

    Verticals most targeted by bad actors
    The technology (18%), education (18%) and manufacturing (14%) sectors are the most frequent targets of mobile malware. Education in particular saw a dramatic 136% increase in blocked transactions compared to the previous year.

    Additionally, for the second year in a row, manufacturing experienced the highest volume of IoT malware attacks, accounting for 36% of all IoT malware blocks observed on the Zscaler Zero Trust Exchange™ platform. When analyzing unique devices across different verticals, this sector stands out with the highest implementation of IoT devices due to its extensive use of IoT applications, ranging from automation and process monitoring to supply chain management.

    The United States remains the top target for IoT cyberattacks
    With its central role in global communication and data processes, the US also stands out as the primary destination for IoT device traffic, accounting for 81% of IoT cyberattacks. The top five countries that receive the most IoT traffic are:

    • United States
    • Japan
    • China
    • Singapore
    • Germany

    The report also revealed that India (28%) is now the country most targeted by mobile malware. The other four are:

    • United States
    • Canada
    • South Africa
    • The Netherlands

    Legacy and end-of-life operating systems leave OT systems vulnerable
    Once air-gapped and isolated from the internet, OT and cyber-physical systems have rapidly become integrated into enterprise networks, enabling threats to proliferate. OT deployments can involve thousands of connected devices spread across dozens of sites, creating a substantial attack surface for external threats, such as those that exploit known zero-day vulnerabilities. Additionally, this also creates a large attack surface between internal (east-west) OT traffic, increasing the risk of lateral movement and the potential blast radius of a successful attack.

    How to secure mobile, IoT and OT
    With today’s hybrid-work environments, users can work from anywhere with internet access, SaaS apps and private applications, whether in the cloud or the data center. To enable secure hybrid work and provide seamless access to any application, enterprises need to retire network-centric approaches, which hamper productivity and leave them vulnerable to lateral movement. Instead, organizations must adopt a zero trust architecture that enables secure remote access from any user device to any application, from any location.

    Zscaler for IoT and OT enables enterprises to reduce cyber risk while embracing IoT and OT connectivity to drive business agility and increase productivity. Powered by the Zero Trust Exchange, these capabilities protect IoT devices against compromise and prevent lateral movement with device segmentation and deception–all while allowing for remote access to OT systems without risky VPN connectivity.

    The findings of the 2024 Mobile, IoT, and OT Threat Report stress the need for organizations to better secure their mobile endpoints, IoT devices, and OT systems. Download the full report here.

    Research Methodology
    The Zscaler ThreatLabz team analyzed a data set collected from the Zscaler Security Cloud between June 2023 and May 2024, comprising more than 20 billion threat-related mobile transactions and associated cyberthreats.

    About Zscaler
    Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SSE-based Zero Trust Exchange is the world’s largest in-line cloud security platform.

    Media Contact:

    Zscaler PR
    Natalia Wodecki
    press@zscaler.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6430484e-f976-4e51-9584-160090d397e6

    The MIL Network –

    January 23, 2025
  • MIL-OSI Asia-Pac: MOFA response to false claims by China’s foreign ministry regarding Taiwan

    Source: Republic of China Taiwan 3

    MOFA response to false claims by China’s foreign ministry regarding Taiwan

    October 10, 2024 

    At a regular press conference held on the afternoon of October 10, China’s foreign ministry falsely claimed that Taiwan had “no so-called sovereignty” and urged “the few foreign politicians who visit Taiwan to correct their wrong words and deeds.” 
     
    President Lai Ching-te clearly stated in his National Day address on October 10 that neither the Republic of China (Taiwan) nor the People’s Republic of China was subordinate to the other. He also emphasized that Taiwan was willing to work with China to address climate change, combat communicable diseases, and maintain regional security in the pursuit of peace and mutual prosperity for the well-being of both peoples.
     
    The Ministry of Foreign Affairs (MOFA) reiterates that ideological narratives or threats will neither alter the fact that Taiwan is a democratic country with 23 million peace- and freedom-loving people nor hinder Taiwan from forging closer connections and interactions with the international community.
     
    MOFA calls on China to recognize the goodwill that President Lai expressed in his National Day address and squarely face the reality of the situation across the Taiwan Strait. Instead of continuing to cause apprehension and disturbances in the surrounding region, China should attempt to once again align with the rules-based international order so as to contribute to regional peace, stability, prosperity, and positive cross-strait development.

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Asia-Pac: Foreign Minister Lin and his wife host welcome luncheon for Guatemala First Lady Peinado and her delegation

    Source: Republic of China Taiwan 3

    Foreign Minister Lin and his wife host welcome luncheon for Guatemala First Lady Peinado and her delegation

    Date:2024-10-10
    Data Source:Department of Latin American and Caribbean Affairs

    October 10, 2024
    No. 346

    Minister of Foreign Affairs Lin Chia-lung and his wife hosted a welcome luncheon on October 9 for a delegation from the Republic of Guatemala led by First Lady Lucrecia Peinado. On behalf of the government, Minister Lin warmly welcomed First Lady Peinado on her first visit to Taiwan and thanked her for representing President Bernardo Arévalo at the 2024 National Day celebrations, thereby enhancing bilateral diplomatic relations.
     
    Minister Lin stated that Taiwan and Guatemala were loyal partners that had enjoyed remarkable success in joint endeavors in such domains as public health, medicine, agricultural technology, higher education, and basic infrastructure. He pointed out that under proactive efforts by the governments of the two countries, economic and trade exchanges had grown closer. Noting that numerous Taiwanese businesses were interested in investing and setting up manufacturing facilities in Guatemala, Minister Lin said that this was a concrete outcome of economic and trade diplomacy promoted by the Ministry of Foreign Affairs in its implementation of integrated diplomacy.
     
    First Lady Peinado conveyed President Arévalo’s congratulations on Taiwan’s National Day and thanked Taiwan for its long-standing assistance to Guatemala’s development in various areas. Emphasizing that Taiwan was an important member of the global community, she said that Guatemala would continue supporting Taiwan’s international participation. First Lady Peinado reaffirmed the importance that President Arévalo placed on attracting business investment, as well as his keen interest in developing the semiconductor sector. She expressed the hope that the two countries would further deepen cooperation and jointly help transform Guatemala into a technologically advanced country. 
     
    Minister Lin and First Lady Peinado also exchanged in-depth views on several issues, including women’s empowerment, care for disadvantaged groups, talent cultivation, and bilateral collaboration. Both agreed that Taiwan and Guatemala, building on the existing solid foundation, would continue to bolster reciprocal and mutually beneficial bilateral cooperation. (E)

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Asia-Pac: Foreign Minister Lin hosts welcome dinner for Tuvalu Prime Minister Teo and his wife

    Source: Republic of China Taiwan 3

    Foreign Minister Lin hosts welcome dinner for Tuvalu Prime Minister Teo and his wife

    Date:2024-10-10
    Data Source:Department of East Asian and Pacific Affairs

    October 10, 2024No. 345Prime Minister of Tuvalu Feleti Penitala Teo and Madame Tausaga Teo led a delegation to Taiwan to attend National Day celebrations. Minister of Foreign Affairs Lin Chia-lung hosted a dinner for the delegation on October 9, extending a heartfelt welcome on behalf of the government.Minister Lin welcomed Prime Minister Teo on his second visit to Taiwan since assuming office in February. He said that Prime Minister Teo’s presence, this time as a guest of honor at National Day celebrations, underscored the immense importance he placed on the diplomatic partnership between Taiwan and Tuvalu. Minister Lin noted that this year marked the 45th anniversary of diplomatic relations and that Tuvalu was Taiwan’s longest-standing Pacific ally. He said that Taiwan would build on this existing robust foundation to further deepen cooperation with Tuvalu in such important domains as climate change, ICT, medicine and health care, talent cultivation, women’s empowerment, and basic infrastructure.Minister Lin expressed special appreciation for Prime Minister Teo’s staunch support for Taiwan’s international participation over the years. He thanked Prime Minister Teo for speaking up for Taiwan at this year’s United Nations General Assembly (UNGA), for reiterating that UNGA Resolution 2758 did not preclude Taiwan’s participation in the UN, and for strongly urging the UN to include Taiwan so as to truly “leave no one behind.”Prime Minister Teo began his remarks by thanking Taiwan for inviting him to visit and wishing Taiwan a happy National Day and continued prosperity. He stated that in addition to attending National Day celebrations, he would also travel to southern Taiwan to engage in exchanges with fisheries operators so as to enhance bilateral fisheries cooperation. Stressing that Taiwan and Tuvalu had enjoyed an enduring friendship and realized significant achievements in many areas of collaboration, Prime Minister Teo said that the two countries would continue to work together to enhance the well-being of both their peoples. As October 9 also happened to be Prime Minister Teo’s birthday, Minister Lin had prepared a birthday cake to celebrate the occasion. In the warm and cordial atmosphere of the gathering, members of the visiting delegation performed traditional Tuvaluan songs in a show of Austronesian culture. Colleagues from the Ministry of Foreign Affairs sang a selection of Taiwanese songs in return. (E)

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Asia-Pac: Foreign Minister Lin hosts welcome luncheon for Saint Lucia delegation led by Senate President Reynolds and House of Assembly Speaker Francis

    Source: Republic of China Taiwan 3

    Foreign Minister Lin hosts welcome luncheon for Saint Lucia delegation led by Senate President Reynolds and House of Assembly Speaker Francis

    Date:2024-10-10
    Data Source:Department of Latin American and Caribbean Affairs

    October 10, 2024
    No. 342

    Minister of Foreign Affairs Lin Chia-lung hosted a luncheon on October 8 to welcome a delegation from Saint Lucia led by President of the Senate Alvina Reynolds and Speaker of the House of Assembly Claudius J. Francis. The delegation was in Taiwan to attend National Day celebrations. The two sides exchanged views on bilateral cooperation projects, developments across the Taiwan Strait and the region, and other issues.
     
    In his remarks, Minister Lin said that Saint Lucia was an important ally of Taiwan in the Caribbean. He commended the numerous achievements that the two countries had realized in their close cooperation over the years, including in such areas as education, technology, public health, infrastructure, and women’s and youth empowerment. He stated that Taiwan would implement integrated diplomacy—a three-pillar policy comprising values-based diplomacy, alliance-based diplomacy, and economic and trade diplomacy—to further strengthen its partnership with Saint Lucia.
     
    Minister Lin also thanked Saint Lucia for its long-standing commitment to supporting Taiwan’s international participation. He pointed out that such staunch backing had been reflected in the endorsement of Saint Lucia Foreign Minister Alva Baptiste at this year’s United Nations General Assembly (UNGA) and in his emphasis that UNGA Resolution 2758 did not preclude Taiwan’s meaningful involvement in the UN system.
     
    President Reynolds and Speaker Francis both expressed appreciation for Taiwan’s warm and heartfelt hospitality and extended congratulations to Taiwan on the occasion of its National Day. Recognizing Taiwan’s long-term assistance to Saint Lucia in education, public health, agriculture, youth development, and other domains, they pledged to build on the existing foundation of friendship and cooperation to further deepen the countries’ alliance. 
     
    President Reynolds and Speaker Francis first visited Taiwan in 2012. Their presence once again 12 years later to attend National Day celebrations demonstrates strong support for the diplomatic relationship between Taiwan and Saint Lucia. The delegation arrived on October 7 and will conclude its visit on October 11. (E)

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI United Kingdom: S.I. National Museum goes virtual with UK and Australia’s support

    Source: United Kingdom – Executive Government & Departments

    Researchers, teachers, students, academia and those interested in knowing their cultural heritage will for the first time have access to National Museum collections online.

    High school students experiencing first hand browsing the virtual museum.

    Today the Solomon Islands National Museum becomes one of the first cultural heritage institutions in the region to have an openly accessible catalogue of collections on a publicly viewable website.

    …said the British High Commissioner to Solomon Islands and Nauru, His Excellency Thomas Coward at the launch of the first virtual museum for Solomon Islands last week.

    Researchers, teachers, students, academia and those interested in knowing their cultural heritage will for the first time have access to National Museum collections online.

    Launched at the National Museum Auditorium, the virtual museum culminated from discussions and partnership between the British High Commission, Australian High Commission, Solomon Islands National Museum, the National Library of New Zealand and National Library of Australia through the Australian Government-funded Digital Pasifik project.

    Thanks to Tim Kong and the Digital Pasifik project team, the National Museum now has a website through which it can make its collection available to the world. The site will now be led, delivered, owned and sustained by the National Museum.

    The country’s National Museum is looking forward to setting up a modernized museum that everyone can have access to in the future. With the virtual launch, its collections can now be viewed online.

    Permanent Secretary of the Minister of Culture and Tourism, Bunyan Sivoro said:

    Despite challenges faced by the National Museum, today we are taking an innovative step forward. The launch of the Virtual Museum is not only a response to the limitations we face but also a vision for the future. It is a timely and necessary solution that allows us to begin sharing the treasures of our national collection with the world in a way that transcends physical boundaries.

    British High Commission to Solomon Islands, His Excellency Thomas Coward said:

    Over the last 12 months these ideas came together, with huge amount of effort from a range of people. The Digital Pasifik team engaged by the Australian Government and led by Tim Kong, supported the idea from the start. Their enthusiasm and funding allowed the fantastic teams from the National Library of New Zealand and National Library of Australia to provide the technical knowledge and support that was needed. Deputy Director Kiko and the Solomon Islands National Museum team then worked together with their support to build up this platform.

    Acting Australian High Commissioner to Solomon Islands, His Excellency Andrew Schloeffel said:

    Solomon Islands has a rich and vibrant history, and the importance of capturing and sharing this history for current and future generations cannot be overstated. I am proud of the work Australia has done to support this initiative through our Digital Pasifik project, alongside the Solomon Islands National Museum and the British High Commission. Digital Pasifik aims to empower people in and of the Pacific Islands, by building digital platforms that enable them to see, discover and explore items of digitised cultural heritage that are held in collections around the world.

    Director of the Solomon Islands National Museum, Tony Heorake said:

    While the launch was a celebration of the Museum’s latest innovation, it presents a breakthrough in the use of technology to provide quality and accessible museum services to the public, students and visitors.

    Today is a celebration of hard work and relentless pursuit of excellence. Our team led by His Excellency Thomas Coward is very proud and excited to finally share it with you. This endeavour exemplifies our commitment to delivering the best museum services to our visitors, students and the public while staying relevant in the museum space.

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    Updates to this page

    Published 15 October 2024

    MIL OSI United Kingdom –

    January 23, 2025
  • MIL-OSI Asia-Pac: CSB holds award presentation ceremony for Love for China Chinese essay competition (with photos)

    Source: Hong Kong Government special administrative region

         In celebration of the 75th anniversary of the founding of the People’s Republic of China, the Official Languages Division of the Civil Service Bureau (CSB) organised a series of activities under the theme of “Glorious China”, among which the Love for China Chinese essay competition had its award presentation ceremony today (October 15). The Secretary for the Civil Service, Mrs Ingrid Yeung, presented the awards to all winners. The awardees’ department heads or their representatives were also present to congratulate the awardees and share the joy.

         The competition received an enthusiastic response with nearly 300 entries. Participants included officers from various grades in 51 departments as well as retired civil servants.

         Speaking at the ceremony, Mrs Yeung said that the entries, all centred on the idea of Love for China but adopting a wide variety of styles, subject matters and narrative perspectives, expressed feelings for the country and told good stories about China. Although the topics and perspectives of the entries varied, they all expressed a rich sense of national pride and patriotism. She was particularly heartened to see that many of the entries mentioned the responsibility that civil servants have towards the country.

         She thanked all participants for putting their genuine feelings into words, thereby presenting a meaningful gift to the motherland on its 75th birthday.

         The Chinese essay competition aimed to encourage government staff to express their love for the country and promote Chinese culture in written words, while serving as an opportunity to enhance their interest in Chinese writing. The competition took place between July and August. A judging panel comprising Mrs Yeung, the Dean of the Faculty of Arts at Hong Kong Nang Yan College of Higher Education, Professor Ricky Tse, and Senior Lecturer of the Department of Chinese Language and Literature at the Chinese University of Hong Kong Dr Hung Yeuk-chun selected 10 winning entries from the submissions. A collection of the selected entries has been uploaded to the CSB website (Chinese only).

         The activities under the “Glorious China” themed series were organised to deepen government staff’s understanding of the country and strengthen their sense of national identity. In addition to the Chinese essay competition, the series included a recently concluded Putonghua quiz and an ongoing quiz on Chinese history and culture.            

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI: Atos Group and AWS launch Global GenAI Innovation Studio to accelerate AI-powered business transformation

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Atos Group and AWS launch Global GenAI Innovation Studio to accelerate AI-powered business transformation

    Cutting-edge 6,000sqft facility unlocks the potential of generative AI, enabling organizations to accelerate innovation, transform customer experiences, and optimize productivity

    Pune, India – October 15, 2024 – Atos Group, including Eviden, its business leading in digital, cloud, big data and security, today announces the launch of its global GenAI Innovation Studio in Pune, India, in partnership with AWS, the world’s leading cloud provider.

    The Studio will serve as a collaborative hub where Atos and AWS will co-develop groundbreaking GenAI solutions that tackle industry-specific challenges. Customers will have the opportunity to engage in envisioning sessions and hands-on proofs-of-value specifically tailored to their needs, accelerating their AI adoption and experiencing real-world generative AI applications.

    The studio launch event welcomes customer delegations from around the globe, AWS experts, independent analysts, and Atos employees to an environment focused on shaping the future of AI. The Studio will host regular events fostering a culture of learning and innovation, including training and certification programs, hackathons, and AWS DeepRacer competitions.

    Leveraging its industry knowledge, deep AWS expertise as a Premier Consulting Partner, and proficiency in digital, big data, and security, the Atos Group brings extensive capabilities to the Studio, enabling impactful solutions across sectors facing unprecedented challenges and opportunities.

    Diane Galbe, Senior Executive Vice President, Atos Group: “We are thrilled to open this global co-innovation GenAI Studio with AWS. The center will foster close collaboration with our clients around the world, enabling us to develop solutions and accelerators that precisely address their specific needs and challenges. By harnessing the power of generative AI, we aim to empower our customers to fully leverage data and AI to drive transformation and innovation across all their activities.”

    Hervé Lemaire, Founder and President, Selartag: “Our collaboration with Eviden has enabled us to develop a cutting-edge application that empowers our customers to seamlessly locate, track, and document their wine inventory while minimizing errors and ensuring the authenticity of their bottles. This solution extends the exceptional service our customers provide to the entire value chain of their business. Eviden’s comprehensive expertise in AWS services and project management has been crucial in delivering a truly differentiated solution, providing our customers with real-time data and operational efficiencies that gives a competitive edge.”

    Atos and AWS have been partners since 2013 and announced their pioneering CloudCatalyst agreement in 2022. The GenAI Innovation Studio is part of the 5-year Strategic Collaboration Agreement (SCA) established between Eviden and AWS at the end of last year.

    Atos Group and AWS continue to collaborate on innovative cloud solutions aimed at accelerating growth and transformation for their customers.

    To learn more about how Atos Group and AWS deliver customer business outcomes with GenAI and other innovative solutions, please visit https://eviden.com/about-us/partner-ecosystem/amazon-web-services-aws/.

    ***

    About Atos

    Atos is a global leader in digital transformation with c. 92,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea), and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contact
    Laura Fau | laura.fau@eviden.com | +33 (0) 6 73 64 04 18

    Attachment

    • PR – Atos Group and AWS launch Global GenAI Innovation Studio to accelerate AI-powered business transformation – final

    The MIL Network –

    January 23, 2025
  • MIL-OSI Asia-Pac: Import of poultry meat and products from Csongrád-Csanád County in Hungary suspended

    Source: Hong Kong Government special administrative region

         â€‹The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (October 15) that in view of a notification from the Ministry of Agriculture of Hungary about an outbreak of highly pathogenic H5N1 avian influenza in Csongrád-Csanád County in Hungary, the CFS has instructed the trade to suspend the import of poultry meat and products from the area with immediate effect to protect public health in Hong Kong.

         A CFS spokesman said that Hong Kong has currently established a protocol with Hungary for the import of poultry meat but not for poultry eggs. According to the Census and Statistics Department, Hong Kong imported about 40 tonnes of frozen poultry meat from Hungary in the first six months of this year. 

         “The CFS has contacted the Hungarian authority over the issue and will closely monitor information issued by the World Organisation for Animal Health 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.

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Economics: Asahi Noguchi: Economic activity, prices, and monetary policy in Japan

    Source: Bank for International Settlements

    I. Economic Activity and Prices

    A. Economic Developments at Home and Abroad

    I will begin my speech by talking about recent economic developments at home and abroad.

    In the wake of global inflation following the COVID-19 pandemic, Japan’s economy has been steadily shifting away from the deflation, or low inflation, that had continued from the late 1990s. It is approaching an extremely crucial turning point, in terms of whether the Bank of Japan’s price stability target of 2 percent will be achieved in a sustainable and stable manner. This depends on future economic developments at home and abroad and the underlying developments in policy conduct among the various authorities.

    Turning to overseas economies, many countries and regions have been increasingly shifting the focus of their policy conduct to maintaining economic growth, as the high inflation caused by the post-pandemic reopening of the economies has begun to subside. Major central banks in the United States and Europe maintained high policy interest rates until recently in order to contain inflation. Meanwhile, as their economies have started out on a slowing trend because of this sustained monetary tightening, some of the central banks have gradually begun to reduce their policy interest rates. That said, the degree of economic slowdown in many countries and regions is quite mild, excluding China, which is undergoing real estate adjustments, and high inflation has started to be subdued without an accompanying significant rise in the unemployment rate (Chart 1). In that sense, these countries and regions have come close to containing inflation with a very soft landing.

    MIL OSI Economics –

    January 23, 2025
  • MIL-OSI Asia-Pac: Fraudulent website related to DBS Bank (Hong Kong) Limited

    Source: Hong Kong Government special administrative region

    Fraudulent website related to DBS Bank (Hong Kong) Limited
    Fraudulent website related to DBS Bank (Hong Kong) Limited
    **********************************************************

    The following is issued on behalf of the Hong Kong Monetary Authority:      The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by DBS Bank (Hong Kong) Limited relating to a fraudulent website, which has been reported to the HKMA. A hyperlink to the press release is available on the HKMA website.           The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive personal information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).           Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the website concerned, should contact the bank using the contact information provided in the press release, and report the matter to the Police by contacting the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012.

     
    Ends/Tuesday, October 15, 2024Issued at HKT 16:13

    NNNN

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI Asia-Pac: Hong Kong Customs seizes smuggled goods worth about $40 million (with photo)

    Source: Hong Kong Government special administrative region

         Hong Kong Customs detected two suspected smuggling cases involving ocean-going vessels on October 2. A large batch of suspected smuggled goods with a total estimated market value of about $40 million was seized.
          
         Through intelligence analysis and risk assessment, Customs discovered that criminals intended to use ocean-going vessels to smuggle goods. Strategies were thus formulated, with one suspicious container scheduled to be shipped from Hong Kong to Thailand, and one suspicious container prepared to be shipped to Cambodia, via ocean-going vessels selected for inspection.
          
         Customs inspected the two containers, declared as carrying clothing and kitchenware respectively, on October 2. Upon examinations, Customs officers found large batches of suspected smuggled goods, including audio equipment, watches, cameras and other electronic products that were mix-loaded with the clothes and kitchenware in the containers.

         An investigation is ongoing. The likelihood of arrests is not ruled out.
          
         Being a government department primarily responsible for tackling smuggling activities, Customs has long been combating various smuggling offences. Customs will keep up its enforcement action and continue to fiercely combat sea smuggling activities through proactive risk management and intelligence-based enforcement strategies, and carry out targeted anti-smuggling operations at suitable times to disrupt relevant crimes.
          
         Smuggling is a serious offence. Under the Import and Export Ordinance, any person found guilty of importing or exporting unmanifested cargo is liable to a maximum fine of $2 million and imprisonment for seven years upon conviction.
          
         Members of the public may report any suspected smuggling activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).   

    MIL OSI Asia Pacific News –

    January 23, 2025
  • MIL-OSI NGOs: Urgent action needed as governments and donors fail children with tuberculosis

    Source: Médecins Sans Frontières –

    • A new report released today shows that children are being left behind in the global fight to end tuberculosis.
    • Surveying tuberculosis policies from 14 countries, MSF found many countries are behind on the latest guidelines and policies from the WHO.
    • MSF urges all countries to update their national guidelines.

    Geneva- A new report released today by Médecins Sans Frontières (MSF), shows that children with tuberculosis continue to be left behind in the global effort to end the disease. The report, TACTIC: Test, Avoid, Cure Tuberculosis in Children, surveyed tuberculosis policy guidelines in 14 countriesAfghanistan, Central African Republic, Democratic Republic of Congo, Guinea, India, Mozambique, Niger, Nigeria, Pakistan, Philippines, Sierra Leone, Somalia, Republic of South Sudan, Uganda.  with a high burden of tuberculosis, revealing that many countries lag behind in aligning their national tuberculosis policies with the latest guidelines from the World Health Organization (WHO). 

    We urge all countries to update their national guidelines to be in line with the WHO recommendations for the care of children with tuberculosis, and to allocate the needed resources—along with developing clear plans with timelines to implement the policies and increase access to tuberculosis prevention, diagnosis and treatment of the children with tuberculosis in the country. International donors and technical support agencies must provide sufficient funding to countries to support paediatric tuberculosis policy reforms and implementation.

    “Tuberculosis is curable, also in children. The WHO has updated policies to guide countries in providing the best possible care to children with tuberculosis, one of the world’s deadliest infectious diseases,” says Stijn Deborggraeve, diagnostics advisor at MSF’s Access Campaign. “Yet countries are lagging behind in adopting and implementing these solutions for testing, preventing, and treating tuberculosis in children. We urge countries, donors and technical agencies to put an end to this deadly status quo and step up their efforts to ensure timely diagnosis and treatment of tuberculosis in children. We can no longer afford inaction—every delay means that more children die unnecessarily.”

    Of the 14 policy indicators measured in our report, only one country’s policies are fully aligned with WHO guidance, while seven countries have more than 80% alignment, and four countries still fall below 50% alignment. The largest gaps were found in policies related to diagnosing tuberculosis in children. For example, only 5 out of 14 countries have adapted their guidelines to initiate tuberculosis treatment in children when symptoms strongly indicate the disease, even if bacteriological tests are negative. Additionally, only 4 of these 5 countries have the necessary resources to implement this guidance effectively.

    The WHO estimates that 1.25 million children and young adolescents (0-14 years) fall ill with tuberculosis each year, but that only half of these children are diagnosed and treated. Based on the latest scientific evidence, WHO revised its guidance in 2022 for the management of children and adolescents with TB and made several key recommendations, including the use of treatment decision algorithms that allow many children to be diagnosed based on symptoms alone in absence of lab confirmation, and offering short oral regimens to treat and prevent tuberculosis in children. If adopted and implemented, this would drastically improve the diagnosis and quality of care for children with tuberculosis.

    “Since we started implementing the WHO recommendations for children in Bombali district, we have begun to find and treat many more children with tuberculosis,” said Joseph Sesey, clinical officer with MSF in Makeni, Sierra Leone. “These new recommendations have helped us avoid misdiagnosing children: doctors who were hesitant to start children on tuberculosis treatment without positive tuberculosis test results now feel more confident diagnosing tuberculosis based on clinical symptoms alone by using the WHO recommendations. I have noticed a significant reduction of deaths among children with tuberculosis in many health centres.”

    However, the work does not stop with policy reforms. For example, new, shorter, all-oral regimens are now recommended by the WHO for both drug-susceptible and drug-resistant tuberculosis treatment in children, but their rollout in countries remains slow. Additionally, while new and child-friendly tuberculosis drugs are available for drug-susceptible and drug-resistant tuberculosis, these are not always procured by countries. 

    “It’s unfortunate that child-friendly formulations of tuberculosis drugs are still not available in many countries due to bureaucratic barriers and funding gaps,” says Dr Cathy Hewison, head of MSF’s working group on tuberculosis. “As a result, children with tuberculosis are forced to swallow crushed and bitter medicines without appropriate weight-based doses, putting them at grave risk of side effects and treatment failure. This neglect must end now. We call on governments, donors, and global health organisations to act with urgency, ensuring no child dies or suffers from a preventable, treatable disease like tuberculosis. The tools and treatments we have must reach the children who need them most – now.”

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    January 23, 2025
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