Category: Asia

  • MIL-OSI Asia-Pac: Public alerted to fake SMS message

    Source: Hong Kong Information Services

    The Transport Department today alerted the public to a fraudulent SMS message purportedly issued by HKeToll.

    The message includes a hyperlink leading to a fake website that seeks to deceive recipients into making payments and submitting their credit card information.

    Besides referring the case to Police for investigation, the department iterated that the HKeToll system does not send SMS messages or emails to vehicle owners with hyperlinks directed them to websites to carry out transactions.

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

    The department said the public should stay alert when receiving messages from unidentified recipients. For enquiries about HKeToll, call 3853 7333.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Visa-free arrangement for nationals of Georgia

    Source: Hong Kong Government special administrative region

    Visa-free arrangement for nationals of Georgia
    Visa-free arrangement for nationals of Georgia
    **********************************************

         The Immigration Department (ImmD) announced today (September 24) that, effective from September 30, 2024, nationals of Georgia who are holders of valid diplomatic, official and ordinary passports may visit Hong Kong visa-free for a stay of up to 30 days.      Currently, Hong Kong Special Administrative Region passport holders may visit Georgia visa-free for a stay of up to 30 days.          An ImmD spokesman said, “Georgia is along on the Belt and Road. Under the Belt and Road Initiative, this visa-free arrangement will provide travel convenience for visitors from Georgia and strengthen the tourism, cultural and economic ties between the Hong Kong Special Administrative Region and Georgia.”

     
    Ends/Tuesday, September 24, 2024Issued at HKT 14:00

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    MIL OSI Asia Pacific News

  • MIL-OSI: Soitec: Soitec and Resonac announce the signing of a joint development agreement in SmartSiC™ to accelerate high-performance silicon carbide adoption in next-generation electric vehicles

    Source: GlobeNewswire (MIL-OSI)

    Soitec and Resonac announce the signing of a joint development agreement in SmartSiC™ to accelerate high-performance silicon carbide adoption in next-generation electric vehicles

    Tokyo (Japan) and Bernin (France), September 24th, 2024 — Resonac Corporation (formerly Showa Denko K.K.) and Soitec (Euronext Paris – Tech Leaders), a leader in the design and manufacture of innovative semiconductor materials, have signed an agreement to develop 200mm (8-inch) SmartSiC™ silicon carbide (SiC) wafers using Resonac substrates and epitaxy processes, in a major step for the deployment of Soitec’s high-yielding silicon carbide technology in Japan and other international markets.

    SmartSiC™ silicon carbide is a disruptive compound semiconductor material providing superior performance and efficiency over silicon in high-growth power applications for electric mobility and industrial processes. It allows for more efficient power conversion, lighter and more compact designs and overall system cost savings – all key factors for success in automotive and industrial systems.

    Christophe Maleville, Chief Technology Officer at Soitec, commented: “Silicon carbide is being adopted for EV and industrial applications, where it brings a significant system cost advantage. To further accelerate this adoption, silicon carbide yield and productivity must be improved.  Associating Resonac premium quality SiC materials with Soitec’s unique 200mm (8-inch) SmartSiC™ technology will support volume availability of record quality epi-ready substrate. The combination of our respective technologies and products will optimize these substrates using Resonac’s high-quality epitaxy. Soitec is proud and excited to be partnering with Resonac to develop a best-in-class combined SiC product offering for Japan and the world.”

    Makoto Takeda, General Manager of Device Solutions Business Unit at Resonac, commented: “We are delighted to announce this partnership with Soitec, which is fully aligned with our broader commitment to sustainable and energy-efficient semiconductor solutions. By combining Resonac’s high quality monocrystalline silicon carbide wafers with Soitec’s unique SmartSiC™ technology, we will deliver improved production efficiency of 200mm (8-inch) silicon carbide wafers and diversify the epi-wafer supply chain.

    Soitec’s SmartSiC™ silicon carbide wafers, or engineered substrates, are produced using the company’s proprietary SmartCut™ technology to bond an ultra-fine layer of high-quality mono-SiC ‘donor’ wafer to a low-resistivity polycrystalline (poly-SiC) ‘handle’ wafer. The resulting engineered substrate delivers significantly improved device performance and manufacturing yields. By allowing multiple re-uses of the prime quality mono-SiC wafer, the process also reduces overall energy consumption during wafer manufacturing.

    Soitec has a new fabrication plant at its headquarters in Bernin, France, primarily dedicated to the production of SmartSiC™ wafers for electric vehicles, renewable energy and industrial equipment component applications.

    About Soitec

    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 1 billion Euros in fiscal year 2023-2024. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of its 2,300 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Soitec has registered over 4,000 patents.

    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.

    For more information: https://www.soitec.com/en/ and follow us on X: @Soitec_Official

    Contact for more information: media@soitec.com

    About the Resonac Group

    The Resonac Group is a new company established as a result of the integration of the Showa Denko Group and the Showa Denko Materials Group (former Hitachi Chemical Group) in January 2023.  The Group’s annual sales of semiconductor and electronic materials amount to about 340 billion yen.  The Group especially has global top share of semiconductor materials for packaging process.  The integration of the two companies has enabled the Resonac Group to design functions of materials as well as to develop them in-house, going all the way back to raw materials.  The new trade name “RESONAC” was created as a combination of two English words, namely, the word of “RESONATE” and “C” as the first letter of CHEMISTRY.  The Resonac Group will make the most of its co-creative platform, and accelerate technological innovation with semiconductor manufacturers, material manufacturers, and equipment manufacturers inside and outside Japan.

    For detail, please refer to the Website of Resonac Holdings Corporation: https://www.resonac.com/

    Attachment

    The MIL Network

  • MIL-OSI USA: Reps. Carson, Jayapal, Schakowsky Introduce UNRWA Funding Bill

    Source: United States House of Representatives – Congressman Andre Carson (7th District of INDIANA)

    WASHINGTON, DC—Representative André Carson (IN-07) has introduced H.R. 9649, the UNRWA Funding Emergency Restoration Act of 2024 with Rep. Pramila Jayapal (WA-07) and Rep. Jan Schakowsky (IL-09). This bill will end the congressionally and administratively mandated pause on funding for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNWRA).

    The United States has historically been one of the largest financial supporters of UNRWA, which serves nearly 6 million Palestinian refugees across the West Bank, East Jerusalem, Syria, Jordan, and Lebanon. In March of this year, the U.S. paused UNRWA funding after the Israeli government alleged that 12 agency employees had direct involvement in Hamas’ October 7 terrorist attack.

    Following the UN’s investigation and proactive commitments made by UNRWA toward complete accountability and reform, all countries except the U.S. have resumed their UNRWA funding, including the European Union, United Kingdom, Canada, Australia, Finland, Germany, Japan, and Sweden.  Approximately 1.9 million people – 9 in 10 Gazans – have been displaced at least once, and an estimated 43,580 are pregnant women. UNRWA has served as the primary humanitarian aid organization operating in Gaza, and without funding, hundreds of thousands of Gaza civilians are left vulnerable. It is estimated that over 1 million Gazans will not have enough food this month, and availability of basic hygiene items has dropped to 15%. In addition to a polio outbreak, Gazans are suffering from malnutrition and treatable diseases due to “systematic dismantling of healthcare”from bombardments on civilians.

    “The scale of this devastating, man-made crisis in Gaza cannot be overstated,” said Congressman Carson. “Providing humanitarian aid to a starving nation – with funding Congress has appropriated year after year – should not be controversial. I urge my colleagues who care about basic human rights, the rights of pregnant women, and the wellbeing of innocent children to join our bill. UNRWA has taken appropriate and proactive steps towards accountability and transparency, conducting multiple independent reviews that continue to prove the organization is both in compliance and imperative to provide the region with lifesaving assistance.  It’s past time we restore funding and save lives.”

    “UNRWA has played a unique and integral role in supporting the welfare of Palestinian refugees for decades. Their on-the-ground understanding is invaluable to ensure that humanitarian aid makes it to the people who need it most — in the West Bank, East Jerusalem, Syria, Jordan, Lebanon, and critically in this moment in Gaza,” said Congresswoman Jayapal. “There is no question in my mind that revoking funding for UNRWA will lead to more devastation and loss of life in Gaza. We must ensure that those acting in good faith to save civilian lives are not undermined by a lack of US funding.”

    “For decades, the United Nations Relief and Works Agency (UNRWA) has been a lifeline for Palestinians, providing food, clean water, healthcare, shelter, education, and livelihoods. Today, UNRWA remains the backbone of the humanitarian response in Gaza as it endures ongoing war and a dire humanitarian crisis. UNRWA and the United Nations have taken swift and decisive actions to address the concerns raised by the U.S. government when it paused funding in January and our allies have all resumed funding for UNRWA. The U.S. must follow suit and resume funding for this critical humanitarian agency,” said Congresswoman Schakowsky. “I am proud to co-lead the UNRWA Funding Emergency Restoration Act to restore funding to UNRWA and help Gazans get the humanitarian assistance they need at a time of unprecedented crisis.”

    “J Street is proud to be supporting the UNRWA Emergency Restoration Act of 2024 introduced by Representatives Carson, Jayapal, and Schakowsky. We should restore funding, as all our major allies have, and stop playing politics with Palestinian welfare and Israel’s security,” said J Street President Jeremy Ben-Ami. “As UNRWA’s largest donor and Israel’s key security guarantor, the United States has a special obligation to address this crisis.”

    “Gaza isn’t starving. It’s being starved,” said Hassan El-Tayyab, legislative director for Middle East policy at the Friends Committee on National Legislation. “Over two million Palestinian civilians are enduring a man-made humanitarian catastrophe, with famine and disease spreading due to blocked aid access. Meanwhile, the Biden administration and Congress continue to withhold all U.S. funding for the largest aid operation in Gaza—the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). UNRWA is the backbone of aid delivery in Gaza, ensuring that millions receive desperately needed assistance. Blocking U.S. funding for UNRWA’s critical work is a cruel and unjustified decision that only deepens Gaza’s humanitarian suffering. Congress and the Administration must act swiftly to correct this wrong by supporting the UNRWA Funding Emergency Restoration Act and restoring this urgently needed aid.”

    “Restoring funding to UNRWA is a humanitarian imperative,” said Sharif Aly, President of the International Refugee Assistance Project (IRAP). “For over six decades, the United States has been one of the strongest supporters of UNRWA, which provides lifesaving aid and social services to millions of Palestinian refugees across the Middle East. Those services are desperately needed in Gaza right now, and UNRWA is the only organization with the capacity and expertise necessary to provide them at scale. The United States must uphold its commitment to the human rights of the Palestinian people and pass this legislation to reinstate funding to the humanitarian agency immediately. Failing to do so would lead to further human suffering.”

    “In restoring funding for food, water, shelter, and medical care for Palestine refugees, the UNRWA Restoration Act honors this most basic and inalienable truth — that the people of Palestine are human beings, just like all of us, and all lives are sacred, not just some,” said Mara Kronenfeld, Executive Director UNRWA USA.

    “UNRWA is indispensable to providing Palestinians in Gaza, the West Bank, Lebanon, Jordan, and Syria with the education, healthcare, and other critical services that are key to successful, productive livelihoods and citizenry, and a future of peace and prosperity, which should be in everyone’s interests. We support full restoration of funding to UNRWA,” said Sean Carroll, President and CEO of Anera.

    “We express our gratitude to Representatives André Carson, Pramila Jayapal, and Jan Schakowsky for introducing the UNRWA Emergency Restoration Act of 2024,” said James Zogby, President of the Arab American Institute. “This lifesaving legislation aims to restore critical U.S. financial support to the United Nations Relief and Works Agency (UNRWA) by repealing previous funding restrictions and encouraging the Secretary of State to lift the temporary pause on federal funding. UNRWA plays a vital role in providing essential services to millions of Palestinian refugees across the Occupied Palestinian Territory, Lebanon, Jordan, and Syria. The ongoing genocide in Gaza has resulted in increased displacement, starvation, and death. It is both inhumane and unconscionable to continue withholding financial support from UNRWA. We recognize that the majority of Americans are horrified by the death and destruction they witness daily in Gaza and the West Bank. UNRWA’s humanitarian aid and services often mean the difference between life and death for these vulnerable populations. Restoring U.S. funding to UNRWA is urgent, just, and the only morally responsible option. We urge lawmakers to prioritize the passage of this crucial legislation and ensure that UNRWA can continue to provide life-saving assistance to Palestinian refugees in the region.”

    The UNRWA Funding Emergency Restoration Act of 2024 has been endorsed by the following organizations as of 9/19/24: 

    18 Million Rising
    Action Against Hunger
    Action Corps
    ActionAid USA
    AFSC, American Friends Service Committee
    American Baptist Churches USA
    American Friends of Combatants for Peace
    American Friends Service Committee
    American-Arab Anti-Discrimination Committee (ADC)
    Americans for Justice in Palestine Action
    Americans for Peace Now
    Anera
    Avaaz
    Cairo Institute for Human Rights Studies (CIHRS)
    Carolina Peace Center
    Center for American Progress
    Center for Civilians in Conflict (CIVIC)
    Center for Constitutional Rights
    Center for Gender & Refugee Studies
    Center for International Policy
    Center for Jewish Nonviolence
    Center for Security, Race and Rights
    Center for Victims of Torture
    Charity&Security Network
    Christian Aid
    Church World Service
    Climate Refugees
    Coalition for Humane Immigrant Rights (CHIRLA)
    CODEPINK
    CommonDefense.us
    Congregation of Our Lady of Charity of the Good Shepherd, U.S. Provinces
    Council on American-Islamic Relations (CAIR)
    Danish Refugee Council
    DAWN
    Demand Progress
    Doctors Against Genocide
    Emgage Action
    FCNL
    Foreign Policy for America
    Friends of Sabeel North America
    Global Ministries of the Christian Church (Disciples of Christ) and United Church of Christ
    Health Advocacy International
    Hindus for Human Rights
    Historians for Peace and Democrcy
    Human Rights First
    Human Rights First
    Humanity & Inclusion
    IfNotNow Movement
    International Civil Society Action Network (ICAN)
    International Refugee Assistance Project (IRAP)
    International Rescue Committee
    Israel/Palestine Mission Network of the Presbyterian Church (U.S.A.)
    J Street
    Jewish Voice for Peace Action
    KinderUSA
    MADRE
    Maryknoll Office for Global Concerns
    Middle East Children’s Alliance
    Middle East Democracy Center (MEDC)
    Migrant Roots Media
    MoveOn
    MPower Change Action Fund
    Muslim Advocates
    National Advocacy Center of the Sisters of the Good Shepherd
    National Council of Churches
    National Iranian American Council Action
    National Partnership for New Americans
    Nonviolent Peaceforce
    Norwegian Peoples aid
    Norwegian Refugee Council USA
    Oxfam
    Partners for Progressive Israel
    Pax Christi USA
    Peace Action
    People’s Action
    Presbyterian Church (USA), Office of Public Witness
    Progressive Democrats of America
    Project HOPE
    Project South
    Quincy Institute for Responsible Statecraft
    Rebuilding Alliance
    Refugee Congress
    Refugees International
    ReThinking Foreign Policy
    RootsAction.org
    Save the Children US
    Save the Children US
    Sisters of Mercy of the Americas – Justice Team
    Terre des hommes – Lausanne
    The Episcopal Church
    The Tahrir Institute for Middle East Policy (TIMEP)
    The United Church of Christ
    UNRWA USA National Committee
    US Campaign for Palestinian Rights Action (USCPR Action)
    Veterans For Peace, Chapter #63 (Albuquerque)
    War Child Alliance
    We Are All America (WAAA)
    Welcoming America
    Win Without War
    Women’s International League for Peace and Freedom, US
    Working Families Party
    Yemen Relief and Reconstruction Foundation
    ACCESS of WNY
    Al Otro Lado (CA and Tijuana)
    Atlanta Multifaith Coalition for Palestine
    CAIR-Ohio
    Christian Jewish Allies for a Just Peace in Israel/Palestine
    Church Women United in New York State
    Council on American-Islamic Relations, New York chapter (CAIR-NY)
    Dorothy Day Catholic Worker, Washington DC
    Jewish Voice for Peace Albuquerque
    Minnesota Peace Project
    Muslim Justice League (MA)
    New York Progressive Action Network
    Oasis Legal Services (CA)
    OnceAForest.org (NM)
    Peace Action WI
    Peace, Justice, Sustainability NOW!
    Showing Up For Racial Justice (SURJ) Bay Area
    Veterans For Peace – Santa Fe NM Chapter
    Muslims United PAC (MUPAC)

    MIL OSI USA News

  • MIL-OSI Russia: NSU team successfully performed at the ICPC World Finals

    MIL OSI Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University – From September 15 to 20, Astana hosted the 48th ICPC World Finals, a world championship in competitive programming. 142 teams from more than 111 countries took part in the competition, selected from 72,000 participants representing 103 countries and more than 3,000 universities. The International Collegiate Programming Contest (ICPC) is an international student programming contest founded in the 1970s in the United States. The first international ICPC was held in 1977 in the United States, at the University of Michigan. Since then, the competition has been held annually in various countries, such as the United States, Russia, the Netherlands, Canada, China, the Czech Republic, Japan, Sweden, Poland, Thailand, Morocco, Egypt, Bangladesh, and Portugal. The NSU team includes students Faculty of Information Technology: Sofia Lylova (4th year), Anton Mokrousov (2nd year postgraduate student), Artem Plyusnin (master’s graduate). The team solved six problems, sharing 20-50 places with such leading universities as ITMO, HSE, Stanford University, University of Cambridge and others. – The problem set turned out to be very interesting and balanced, our team solved six problems, and the winner of the championship only nine. Of all the problems, there was one that no team solved. As in previous years, the level of teams at the world championship is very high, it cannot be otherwise – the best university teams qualify. There is a lot of pressure – to compete with the strongest, especially with those who have already won medals in previous seasons of the championship. Our team took a long time to get to the world championship final and trained a lot. For example, the guys have repeatedly participated in training camps in Petrozavodsk, where the best teams of our region practice, and at the end of August they went there for in-person participation, – said Vladimir Isachenko, coach of the NSU team in sports programming, senior lecturer of the Department of Informatics Systems of the NSU FIT. In the final table, Peking University took first place, and MIPT took second place. MIPT’s team in algorithmic programming Yolki-Palki became the only one from Russia to climb the ICPC podium. MIPT overtook their strongest rivals from the University of Massachusetts and Xinhua University.

    Saint Petersburg University took 22nd place, HSE University — 29th, ITMO University — 36th, MAI — 43rd, NSU — 45th, Saint Petersburg State University of Industrial Technologies and Design — 92nd, and Skoltech — 102nd. — Despite the successful performance of the NSU team, we know that we still have room to grow and develop, our goal is to prepare better and win medals. According to the rules, Artem and Anton can no longer participate in ICPC competitions, they will join the coaching staff and help prepare the teams. And Sofia can still participate, so she will prepare for next year with a different team, — concluded Vladimir Isachenko.

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

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

    http://vvv.nsu.ru/n/media/nevs/education/team-nsu-successfully-performed-at-the-world-championship-in-sports-programming-ispc-world-final/

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: FS promotes HK-Spain ties

    Source: Hong Kong Information Services

    Financial Secretary Paul Chan, on a visit to Spain, has called on the Plenary of the City Council of Madrid, a local innovation and technology centre, and a Spanish innovation accelerator and venture capital fund.

    Mr Chan yesterday met President of Madrid’s City Council Plenary Francisco de Borja Fanjul Fernandez-Pita to discuss strengthening co-operation between Madrid and Hong Kong.

    Briefing the president on developments in Hong Kong across various sectors, Mr Chan highlighted that, with staunch support from China’s central government, the “one country, two systems” arrangement will continue to be implemented in Hong Kong over the long run.

    The finance chief emphasised that Hong Kong will maintain an international, open and friendly business environment and practise the common law.

    He said he hoped the two places can continue to nurture mutually beneficial co-operation in areas such as finance, innovation and technology (I&T), culture, and education.

    He also invited Spanish enterprises to invest in Hong Kong and leverage its advantages to explore the vast markets of the Greater Bay Area, Mainland China more broadly, and Asia.

    Yesterday afternoon, Mr Chan called on Chinese Ambassador to Spain Yao Jing. Mr Chan briefed the ambassador on Hong Kong’s latest situation, as well as its development direction and strategies.

    They also discussed economic and trade co-operation between China and Spain, and the promotion of business and I&T collaboration between Hong Kong and Spain.

    Mr Chan then met Director General of the Centro para el Desarrollo Tecnologico y la Innovacion (CDTI) Jose Moises Martin Carretero.

    The CDTI provides funding support for projects aligned with Spain’s I&T development strategy, and promotes technological co-operation between Spain and other countries and regions.

    Mr Chan highlighted the progress Hong Kong has made in recent years through investing substantially in I&T, as well as the support provided by Hong Kong’s full-spectrum financial services to I&T enterprises and projects at various stages of their development.

    The two men also exchanged ideas around strengthening co-operation in technology projects and matching funds with projects.

    Mr Chan also led a delegation of Hong Kong technology startup on a visit to Wayra, one of Spain’s innovation accelerators and venture capital funds. Speaking to investment team leaders, he discussed ways to promote mutual co-operation.

    During the visit, Mr Chan was given an introduction to Wayra’s operations and development strategies. Through its global network, Wayra helps startups connect with technology and capital worldwide, and provides guidance to help them expand their markets.

    Mr Chan said he hoped his visit would facilitate better connections between the I&T ecosystems of both places and help startups leverage opportunities for collaboration. 

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Remarks by CE at media session before ExCo

    Source: Hong Kong Government special administrative region

         Following are the remarks by the Chief Executive, Mr John Lee, at a media session before the Executive Council meeting today (September 24):

    Reporter: My first question is, as the SNSO (Safeguarding National Security Ordinance) has stated that the CE has the power to issue a certificate to certify if a court case concerns national security, yesterday the court has heard that you have issued such a certificate for the HKU Students’ Union Council case. So how many of such certificates have been issued in the past, and what cases were involved? My second question is, a French photojournalist working for the Associated Press was denied entry to Hong Kong earlier this month. What are the reasons behind and will it impact Hong Kong’s image as an international city? Lastly, is there a time frame for Hong Kong to lift the ban on Japanese food imports after Beijing has agreed to lift the ban? Thank you.
     
    Chief Executive: The Chief Executive certificate was issued in accordance with the law. It has been issued more than once, and it is issued whenever it is considered necessary, but all procedures for national security cases will be done in strict accordance with legal procedures and the relevant laws. I want to repeat again: we will deal with national security offences seriously, and we will enforce the law without hesitation, because national security offences are serious. I think we are doing this in the same way as what other jurisdictions are doing in connection with safeguarding national security.
     
         Regarding the issue of discharge of radioactive water from the Fukushima nuclear power plant into the sea, I am aware that the relevant authorities of China and Japan have recently reached a consensus, and the consensus reads like this: the Japanese side will fulfil its obligation to avoid negative impacts on health and the environment and will continue to carry out impact assessments on the marine environment and ecosystems. Japan will establish a long-term international monitoring arrangement under the framework of the IAEA (International Atomic Energy Agency) to ensure China’s participation, independent sampling, monitoring, and inter-laboratory comparisons. The two sides will commence science-based dialogue in the interest of life, health and the ecological environment. After the implementation of the independent sampling and monitoring activities, China will, based on the scientific evidence, consider to adjust the relevant measures. The Hong Kong SAR Government has all along accorded top priority to safeguard health and safety of the Hong Kong people. We emphasise scientific evidence. We have contacted the Commissioner’s Office of the Ministry of Foreign Affairs of the People’s Republic of China in the Hong Kong SAR for more information and have also contacted the Consul-General of Japan for more details to ensure that the Hong Kong SAR Government will have access to sufficient scientific data and evidence to consider any adjustment possibility.
     
    Regarding your question, all entries into Hong Kong must be considered in accordance with the prevailing immigration policies and relevant laws. The Immigration Department is doing the same as all other immigration authorities are doing in other jurisdictions; that is, they will look at the entries’ characteristics and examine the entries in accordance with the policies and the laws. I think individuals will be considered according to their own cases, and we are doing it in no way different from other jurisdictions. Thank you.
     
    (Please also refer to the Chinese portion of the remarks.)

    MIL OSI Asia Pacific News

  • MIL-OSI Banking: Result of the 2-day Variable Rate Repo (VRR) auction held on September 24, 2024

    Source: Reserve Bank of India

    Tenor 2-day
    Notified Amount (in ₹ crore) 50,000
    Total amount of bids received (in ₹ crore) 91,035
    Amount allotted (in ₹ crore) 50,003
    Cut off Rate (%) 6.62
    Weighted Average Rate (%) 6.64
    Partial Allotment Percentage of bids received at cut off rate (%) 89.83

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/1154

    MIL OSI Global Banks

  • MIL-OSI United Kingdom: A reformed multilateral system for peace and prosperity: Foreign Secretary speech at UN Summit of the Future

    Source: United Kingdom – Executive Government & Departments 3

    David Lammy calls for responsible global leadership in UK national statement.

    Mr President, I stand here as a man of multiple identities.

    A Londoner.  A patriotic Brit.  A lawyer. 

    Proud of my African, Guyanese, Caribbean and Indian heritage. 

    A committed multilateralist, who believes in the importance of the United Nations.

    I agree with my great predecessor, Ernie Bevin, when he said in 1945:

    “Our eyes should be fixed upon the United Nations… All nations of the world should be united to look that way.”

    The purposes and principles of the UN remain as indispensable today as in Bevin’s time.

    Our task is to recapture that founding spirit so that when we reach the UN’s centenary, their legacy endures.

    But we cannot ignore the challenges we face. More conflicts than at any time since 1945, costing the global economy over 900 billion dollars, and creating the most refugees and displaced people on record.

    Geopolitical tensions arising. Progress against the Sustainable Development Goals stalling. Trust in multilateralism faltering.

    The Pact for the Future and this Summit offer a chance for Member States to show responsible global leadership, to engage with the rapid changes of our age, and go further in meeting the needs of everyone – especially the most vulnerable.

    As I know all too well, countries of the Global South suffered great injustices in the past. And I have heard repeatedly how frustrated partners are by the unfairness of the global system.

    We cannot ignore these frustrations. We must act.

    First, as the Secretary-General has said, we need greater collective efforts to prevent and end conflict. For Britain, that means upholding Ukraine’s sovereignty, urging an immediate ceasefire in Gaza and Lebanon, and supporting an end to the fighting in Sudan.

    It means robustly challenging Member States who violate the Charter, rejecting a world in which might makes right.

    It means a more representative Security Council.

    It means supporting the international rule of law, and applying it equally and fairly which is why Britain has proposed the outstanding Professor Dapo Akande for election as a judge at the International Court of Justice.

    Second, we need urgent action on the climate and nature crisis.

    With this new Government, Britain is renewing our ambitions at home, aiming to deliver clean power by 2030.

    And I am determined that we also reconnect abroad, building a Global Clean Power Alliance, championing creativity and reforms to unlock international climate and nature finance, particularly from the private sector, and bolstering efforts to protect at least thirty per cent of the planet’s land and ocean by 2030.

    Third, countries like Britain must modernise our approach to development.

    This Government believes partnership, not paternalism, is the way to deliver the Sustainable Development Goals.

    Making best use of technology and innovation. Putting indigenous people and local communities, including women and girls, at the centre of decision-making on development programmes.

    Driving faster reform of the global financial system to strengthen the voice of the most vulnerable and tackle unsustainable debt.

    Friends, action on conflict, climate and poverty. Delivered by a reformed multilateral system. This is the path to peace and prosperity on a liveable planet.

    All over the world, in every war zone, every refugee camp, the UN is there. A beacon of hope and humanity to which, as Bevin said, the gaze of all nations should turn.

    This Summit must direct the world’s eyes towards that beacon once again. And Britain is proud to support it.

    Thank you.

    Updates to this page

    Published 23 September 2024

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: Public urged to get flu jab early

    Source: Hong Kong Information Services

    The Government will launch its 2024-25 Seasonal Influenza Vaccination Programmes on Thursday, with Secretary for Health Prof Lo Chung-mau today urging the public to receive vaccination early.

    The health chief said now is the best time to get vaccinated for effective protection in the coming year against the winter or summer influenza strains predicted by the World Health Organization.

    The health chief today received vaccinations against seasonal influenza and COVID-19 at Sai Wan Ho General Out-patient Clinic, along with other health officials and frontline healthcare workers.

    Prof Lo said Seasonal influenza vaccination (SIV) is one of the most effective means to prevent seasonal influenza and its complications.

    “To boost the SIV coverage rate among schoolchildren, special arrangements have been made under the Seasonal Influenza Vaccination School Outreach Programme this year to offer a more flexible choice of vaccine options for kindergartens and childcare centres.”

    He explained that kindergartens and childcare centres can offer injectable inactivated influenza vaccines or nasal vaccines in their outreach vaccination activities.

    The Department of Health will also roll out a pilot scheme in which nasal vaccines will be provided to primary and secondary schools that indicated a preference for them earlier this year.

    At present, around 870 kindergartens and childcare centres, around 610 primary schools and around 390 secondary schools have arranged vaccination activities for their students, according to the Health Bureau.

    Prof Lo called on schools that have yet to join the outreach vaccination programme to enrol as soon as possible.

    Separately, he added that individuals in high-risk priority groups should receive an additional COVID-19 booster no less than six months after their last dose, or infection with COVID-19 infection – whichever occurred later – to enhance protection and reduce the risk of serious complications and death.

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Newhouse Introduces Resolution to Honor Gold Star Families

    Source: United States House of Representatives – Congressman Dan Newhouse (4th District of Washington)

    Headline: Newhouse Introduces Resolution to Honor Gold Star Families

    Rep. Dan Newhouse (R-WA) led 44 members in introducing the Gold Star Families Remembrance Week Resolution to honor the sacrifices made by families of U.S. military servicemembers who lost their lives in service to the nation. It designates September 22 – 28, 2024 as Gold Star Families Remembrance Week.

    “Our service members and their families have made great sacrifices in service to their country, and it is important that they are not forgotten,” said Rep. Newhouse.

    Newhouse continues, “By designating September 22-28 as Gold Star Families Remembrance Week, we recognize the extraordinary courage and resilience of our Gold Star Families and reflect on those we have lost. These families bear an unimaginable burden—enduring the loss of their loved ones who gave their lives in service to our nation—and we have a responsibility to ensure their memory is preserved.”

    The following are quotes of support from Gold Star Family members:

    “I am very pleased that Congress is choosing to recognize Gold Star Families Remembrance Week. Every Memorial Day, we honor our warriors who gave their lives in defense of America. We should also honor the families of those fallen warriors, who stood behind them as they served, suffered the pain of their loss, then picked up the pieces and carried on. I’m a Gold Star son who lost my father in Vietnam. Life has taught me three truths. Grief fades. Love never dies. Courage shines on forever.” – Retired Army Lieutenant Colonel Hank Cramer, Washington, Gold Star Son of Captain Harry Griffith Cramer Jr. (U.S. Army Special Forces), who was Killed in Action in 1957 in Vietnam.

    “I was just a year old when my father was declared Missing in Action in December 1945 in Germany. I have no memory of him but would like to honor his legacy by sharing his story with others who want to know the experiences of Gold Star families.” – Karen Oberg, California, Gold Star Daughter of Pvt. Worrell F. Oberg (Army) who was Killed in Action on December 22, 1945, and whose remains have yet to be recovered.

    “My brother had just turned one and I was two and a half when our father was killed. As we got older, we often wondered what kind of man he was. In a letter to his sister just before he was killed, dad wrote that he had been wounded and had to build up his courage to go back in combat because he had seen so much death and destruction. From that letter, and in that moment, we knew our dad was a hero and we brought him off the shelf and back into life.” – Walt Linne, Indiana, Gold Star Son of Sgt. Walter John Linne (Army) who was Killed in Action in Germersheim, Germany on March 24, 1945.

    “In 2022, when I visited South Korea and observed for myself the freedom, liberty, prosperity and gratitude of the South Korean people, I further realized that the supreme sacrifice by my father and its effect on our family was not in vain.” – Robert James Johnston, Tennessee, Gold Star Son of Sgt. James Fred Johnston (Army) KIA/MIA, December 2, 1950, at the Chosin Reservoir, North Korea.

    “Since I was only two when my Dad went missing, I have no personal memories of him other than what my Mom told me often that to do my best as my Dad would expect or when I did something good, she would tell me how proud he would be of me. David, my brother, and I grew up loving the same things our Dad did, Boy Scouts, the outdoors, hunting, fishing and family.” – Mike Logan, Tennessee, Gold Star Son of Maj. Samuel P. Logan, Jr. (USAF). He was the pilot of a B-29 shot down and taken captive while on a mission over North Korea on September 9, 1950. In 1954 he was declared Killed in Action. Maj. Logan was survived by his Gold Star Wife and two Gold Star Sons.

    “Being a Gold Star family member signifies profound sacrifice and loss as we bear the enduring grief of losing a loved one in service to the nation. Gold Star families’ identities are shaped with both pride and sorrow.” – Carol Brenneman Reed, California, Gold Star Daughter of Captain Austin E.E. Brenneman (USMC) who was Killed in Action on May 28, 1951, in Anak, North Korea.

    “In July 1951, the 2nd Inf Div deployed to Korea, leaving a pregnant, newlywed wife on a lifetime path of uncertainty, grief, loss, and life challenges. Ellen Marie Blissenbach handled her loss by joining the Gold Star Wives of America, becoming very active in supporting other families and veterans, as well as seeking information on my missing father, ultimately achieving some closure before her passing.” – Maj. Paul K. Blissenbach US Army (Retired), Kentucky, Gold Star Son of SFC Joseph A. Blissenbach, who gave his life on November 30, 1950, in Kunu-ri, North Korea.

    “Losing my father in the Battle of Ia Drang Valley during the Vietnam War was an indescribable blow, not only to my family but to the very fabric of my life. His absence left a profound void, a loss that reverberated through every milestone, forever shaping who I became. The sacrifice he made in such a fierce and historic battle deepens the sorrow, as his life was cut short defending a cause that took him far from home, never to return.” – Army veteran Thomas Barrett, Ph. D., Maryland, Gold Star Son of SSGT Thomas J. Barrett, Jr. (Army), Killed in Action November 15, 1965, Vietnam.

    “During Gold Star Families Remembrance Week, we honor the parents, spouses, siblings and children of those service members who lost their lives defending the United States and her allies. For nearly a century, ‘The Long Gold Line’ of these Gold Star Families has personified the resilience of the American spirit. Here on the home front, they endured the worst possible news delivered from a faraway war front. Yet they moved forward supporting each other and carrying on the legacies of their fallen heroes who, in the name of freedom, gave their last full measure of devotion.” – Tony Cordero, California, Gold Star Son of Maj. William E. Cordero (USAF) who was killed on a bombing mission over North Vietnam on June 22, 1965. He is the founder of Sons and Daughters In Touch – America’s Gold Star Children from the Vietnam War.

    “Our son held a strong sense of honor and service and would have no regrets. We honor his valor and sacrifice every day. We gratefully support this resolution to honor and remember the sacrifices of all of our fallen and of the 7068 men and women Killed In Action in the Global War on Terror and the ongoing sacrifices of the families they left behind. It is this nation’s responsibility to Never Forget, to honor their valor, and to always support the families left behind.” – Barbara and Col. Mark Roland (USAF, Retired), Kentucky, Gold Star Mother and Father of Captain Matthew Roland, USAF, Killed In Action in Afghanistan on August 26, 2015.

    “My father flew 22 missions along the coastal waters of Vietnam to clear the area of enemy submarines before the US could bring in the 7th Fleet at the onset of the Vietnam War. His body was never recovered after his plane plunged into the South China Sea. My life and my family crumbled before my eyes and to this day I continue to live a life never knowing my father. Three months after the attack on the Twin Towers, my son joined the US Army, following his grandfather’s footsteps as he was also willing to die for his country. Unfortunately, it ended horrifically when he was killed by an enemy IED while on patrol near the Hor Rijeb Canal in Iraq. There is no greater love than this: that a person would lay down his life for the sake of his country.” – Elaine M. Roach, California, Gold Star Mother of PFC Joel Brattain, Killed in Action on March 13, 2004, and Gold Star Daughter of Lt. Harold S. Roach (Navy), lost in the South China Sea on October 2, 1964.

    The following Members are co-sponsors of the legislation:

    Reps. Andy Barr (R-KY), Mike Bost (R-IL), Vern Buchanan (R-FL), Larry Bucshon (R-IN), Troy Balderson (R-OH), Juan Ciscomani (R-AZ), Jake Ellzey (R-TX), Randy Feenstra (R-IA), Chuck Fleischmann (R-TN), Mike Flood (R-NE), Brett Guthrie (R-KY), Mark Green (R-TN), Michael Guest (R-MS), Young Kim (R-CA), Greg Lopez (R-CO), Julia Letlow (R-LA), Nick LaLota (R-NY), Mike Lawler (R-NY), Greg Murphy (R-NC), John Moolenaar (R-MI), Tracey Mann (R-KS), Zach Nunn (R-IA), Elise Stefanik (R-NY), Greg Steube (R-FL), Glenn Thompson (R-PA), Daniel Webster (R-FL), Roger Williams (R-TX), Brandon Williams (R-NY), David Valadao (R-CA), Salud Carbajal (D-CA), Jim Costa (D-CA), Chris Deluzio (D-PA), Don Davis (D-NC), Josh Harder (D-CA), Glenn Ivey (D-MD), Derek Kilmer (D-WA), William Keating (D-MA), Joe Morelle (D-NY), Kathy Manning (D-NC), Wiley Nickel (D-NC), Scott Peters (D-CA), Deborah Ross (D-NC), Linda Sanchez (D-CA), Paul Tonko (D-NY), and Juan Vargas (D-CA).

    Click here to read the full text of the bill.

    ###

    MIL OSI USA News

  • MIL-OSI Asia-Pac: Housing Authority sets rents for two new estates

    Source: Hong Kong Government special administrative region

    Housing Authority sets rents for two new estates
    Housing Authority sets rents for two new estates
    ************************************************

    The following is issued on behalf of the Hong Kong Housing Authority:      Rents for a total of 2 551 flats in four non-standard blocks of two new public rental housing (PRH) estates under the Hong Kong Housing Authority (HA) will be set at the best rent level for their respective districts. The best rent level of a respective district is expressed in terms of dollars per square metre of internal floor area and determined with reference to the location and comparable value of the estates concerned.      The best rent at $104.40 per square metre per month for the flats in Urban district will apply to 1 088 flats in Kin Yan House and Moon Yan House of Hiu Yan Estate.      The best rent at $74.00 per square metre per month for the flats in Sheung Shui district will apply to 1 463 flats in Fu Pak House and Kam Yuk House of Choi Shek Estate.       “Under this rent-fixing exercise, over 69 per cent of the flats are set at a rent level below $2,500 per month,” a spokesman for the HA said today (September 24), adding that PRH rents, which are inclusive of rates, management fees and maintenance costs, are heavily subsidised.      “PRH applicants who are allocated new flats but cannot afford the rents may request refurbished flats at lower rents. They may also apply for assistance under the Rent Assistance Scheme for flats in older block types where applicable,” the spokesman added.

     
    Ends/Tuesday, September 24, 2024Issued at HKT 14:40

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    MIL OSI Asia Pacific News

  • MIL-OSI: 21Shares Announces Fee Reduction for Flagship ETPs, HODLX and BOLD

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, 24 September 2024 – 21Shares AG (“21Shares”), one of the world’s largest issuers of cryptocurrency exchange traded products (ETPs) and a subsidiary of 21.co, is pleased to announce a significant fee reduction for two of its flagship products: the 21Shares Crypto Basket 10 ETP (HODLX) and the 21Shares Bytetree BOLD ETP (BOLD). Effective immediately, the management fees for these ETPs have been lowered to 0.49% for HODLX and 0.65% for BOLD, making these innovative investment vehicles more accessible to a broader range of investors.

    The 21Shares Crypto Basket 10 ETP (HODLX) provides diversified exposure to the top ten digital assets by market capitalization, rebalanced quarterly to reflect the dynamic nature of the cryptocurrency market. With this fee reduction to 0.49%, investors can now benefit from a more cost-effective way to capture the growth potential of the digital asset space in a single, diversified ETP.

    The 21Shares Bytetree BOLD ETP (BOLD) offers a unique blend of Bitcoin and Gold, designed as a balanced approach to digital and traditional assets. BOLD’s risk-adjusted weighting scheme, rebalanced monthly, combines the security of gold with the growth opportunities of Bitcoin, offering a diversified hedge against inflation and economic uncertainty. The new fee of 0.65% further enhances the appeal of this product for investors seeking strategic and cost-efficient exposure to these assets.

    “At 21Shares, our mission has always been to make investing in cryptocurrency more accessible, and this fee reduction is a reflection of our commitment to delivering value to our investors,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “By lowering the fees on HODLX and BOLD, we are enabling more investors to participate in the future of finance at a lower cost.”

    These fee reductions underscore 21Shares’ dedication to providing innovative, low-cost investment solutions that meet the evolving needs of the global investor community. Both ETPs are 100% physically backed by their underlying assets, held securely in cold storage, ensuring the highest levels of trust for investors.

    For more information about 21Shares and its full range of ETPs, visit https://www.21shares.com/en-eu/product .

    Press Contacts:
    Audrey Belloff, Head of Communications, press@21.co

    About 21.co:
    21.co is the world’s leader in providing access to crypto through simple and easy to use products. 21.co is the parent company of 21Shares, one of the world’s largest issuer of cryptocurrency exchange traded products (ETPs) – which is powered by Onyx, a proprietary technology platform used to issue and operate cryptocurrency ETPs for 21Shares and third parties. The company was founded in 2018 by Hany Rashwan and Ophelia Snyder. 21Shares is registered in Zurich, Switzerland with offices in Zurich, London and New York. For more information, please visit 21Shares.

    Disclaimer:
    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2023 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with SIX Exchange Regulation AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2023 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network

  • MIL-OSI Banking: Development Asia: Boosting Regional Integration with Enhanced Multimodal Transport Links

    Source: Asia Development Bank

    Road Corridors

    Roads are the primary transport infrastructure in most SAARC member states, serving as the main means of domestic connectivity and the key conduit for intra-SAARC trade, either across land borders or via seaports. In recent years, the importance of road transport has grown across all SAARC countries.

    The original SMRTS included ten SAARC road corridors, linking: (i) Pakistan, India, and Bangladesh (two); (ii) Nepal and India (two); (iii) Bhutan and India (one); (iv) Nepal, India, and Bangladesh (one); (v) Bhutan, India, and Bangladesh (one); (vi) India and Bangladesh (two); and (vii) Nepal, India, and Pakistan (one). The updated SMRTS highlights recent physical and nonphysical progress in corridor development.

    Physical progress includes the 6.15-km Padma Bridge, upgrades to the Sarail-Akhaura link and Elenga-Hatikamrul-Rangpur Highway, and four-laning of the Dhaka-Sylhet Highway and Sylhet-Tamabil Road in Bangladesh; the planned Haldia/Howrah-Raxual Expressway in India; Nepal’s Kathmandu-Terai Madhesh Fast Track Project; and Pakistan’s Khyber Pass Economic Corridor and six-lane motorways connecting Karachi to Peshawar. Nonphysical progress includes motor vehicle agreements facilitating cross-border transport.

    Rail Corridors

    Railways have the potential to become a key transport mode in the SAARC region, especially for intraregional movement of goods and passengers between Bangladesh, India, Nepal, and Pakistan. The region’s railway network is mainly broad-gauge and compatible across member states, except for the meter-gauge network east of Dhaka, Bangladesh. Once the SAARC rail corridors are fully developed and nonphysical barriers are addressed, efficient rail connectivity will link the concerned SAARC countries.

    The original SMRTS included five SAARC railway corridors, connecting Bangladesh, India, Nepal, Sri Lanka, and Pakistan. Recent progress includes several railway projects in Bangladesh (e.g., the Padma Bridge Rail Link, dual-gauge line between Akhaura and Laksam), new rail links in Bhutan and Nepal, and the planned Uzbekistan-Pakistan-Afghanistan Railway.

    Inland Waterway Corridors

    Among SAARC countries, only Bangladesh and India have organized inland waterways, facilitating freight transit between the two nations. In earlier SMRTS stages, two inland waterway corridors of regional importance were identified based on current and potential future traffic. These corridors also offer direct waterway links for Northeast India to the ports of Kolkata and Haldia. Landlocked Bhutan and Nepal could benefit from multimodal and intermodal connections to these waterways, providing access to the sea.

    A recent development is the consolidation of the Eastern Waterways Grid, linking rivers in Bangladesh and India with roads and rail to improve connectivity. The Grid builds on the Indo-Bangladesh Protocol Routes, enhancing trade and transit between the two countries. It promises significant cost savings for bulk goods transport in India and revenue generation for Bangladesh through port fees and cargo services, with potential benefits for Bhutan and Nepal.

    Maritime Gateways

    The previous SMRTS versions identified ten major maritime gateways based on current traffic volume, potential to handle future intraregional container traffic, and access for landlocked countries to seaports.

    The updated SMRTS highlights recent progress in the maritime sector. Bangladesh is developing two new gateways: Payra, now operational, and Matarbari, under construction and expected to become the country’s first deep-sea port. Chattogram Port has undergone significant expansion, with a framework for its sustainable development as a transshipment hub for Northeast India. India’s Visakhapatnam (Vizag) Port, the largest on the Eastern Coast, has increasingly served Nepali transit traffic. Other notable developments include a planned new port at Thilafushi in Maldives, a major port concession in Karachi, Pakistan, and continued expansion of Colombo Port, Sri Lanka. Additionally, ferry services between India and Sri Lanka have been proposed.

    Aviation Gateways

    The original SMRTS identified 16 SAARC aviation gateways and noted the need to increase this number by 2030 by upgrading domestic airports to regional hubs and regional airports to international ones. It also acknowledged the complexity of identifying aviation hubs within the SAARC region, which goes beyond the scope of the SMRTS.

    Based on recent developments discussed at a February 2024 workshop in Kathmandu, additional aviation gateways were included in the updated SMRTS. These are in Bangladesh (Chattogram, Sylhet, Cox’s Bazar, Saidpur), Bhutan (Gelephu), Maldives (Gan), Nepal (Gautam Buddha, Pokhara), Pakistan (Islamabad), and Sri Lanka (Mattala Rapsaka, Jaffna, Batticaloa).

    Between 2020-2024, the aviation sector faced challenges due to the COVID-19 pandemic, which lowered passenger and freight demand. As the sector recovers, the challenge is to rebuild and reshape it, redesigning terminals to meet new requirements and implementing measures to address environmental concerns, including decarbonization.

    Connectivity between South Asia and Central Asia

    Recent developments in transport connectivity between South Asia and Central Asia include United Nations General Assembly Resolution 76/299 on strengthening regional connectivity, the Khyber Pass Economic Corridor, the Uzbekistan-Pakistan-Afghanistan Railway Project, the International North-South Transport Corridor (a 7,200-km multimodal route linking India, Iran, Azerbaijan, and Russia), and the Delhi Declaration from the 1st India-Central Asian Summit in January 2022.

    Air connectivity between South Asia and Central Asia remains limited, despite Central Asia’s landlocked nature and challenging geography. Air transport is crucial for moving perishable and high-value goods and facilitating business travel and tourism.

    MIL OSI Global Banks

  • MIL-OSI USA: MENG ARRANGES FOR KOREAN AMERICAN YOUTH CHOIR FROM QUEENS TO PERFORM AT WHITE HOUSE

    Source: United States House of Representatives – Congresswoman Grace Meng (6th District of New York)

    WASHINGTON, D.C. – U.S. Rep. Grace Meng (D-Queens) announced today that she arranged for a Korean American Youth Choir from Queens to perform this week at the White House in Washington, D.C.

    The Korean American Youth Choir of New York (KAYCNY), a Queens-based group of young individuals dedicated to promoting and preserving Korean culture through music, played at the first White House celebration that marked the Korean holiday of Chuseok. The event took place this past Tuesday, September 17. The Congresswoman helped arrange for KAYCNY to be invited by recommending them to White House officials.

    “It was wonderful to see KAYCNY represent New York’s Korean American community at this wonderful event, and I’m thrilled that they were asked to perform at my request,” said Congresswoman Meng. “I thank these talented young people for showcasing Korean culture through their music and contributing to these exciting festivities that celebrated the Korean diaspora in the United States. I am so proud to represent a vibrant Korean American community in my district in Queens and I thank the White House for hosting this event to highlight the rich heritage and culture of Korean Americans.”

    “This performance at the White House was an outstanding experience and it was a tremendous opportunity to spotlight the talent and work of the local young people in our choir,” said Eunja Ko, Leader of KAYCNY. “It was an honor to participate, and I thank Congresswoman Meng for arranging for us to perform.”

    The celebration included around 100 people. Approximately 13 children from KAYCNY performed in traditional Korean attire and they were joined by the choir’s conductor, staff members, and several parents.

    MIL OSI USA News

  • MIL-OSI Asia-Pac: Visa-free entry granted for Georgia

    Source: Hong Kong Information Services

    The Immigration Department announced today nationals of Georgia who are holders of valid diplomatic, official and ordinary passports may visit Hong Kong visa-free for a stay of up to 30 days starting from September 30.

    Noting that Georgia is along the Belt & Road, the department said the visa-free arrangement will provide travel convenience for visitors from Georgia and strengthen the tourism, cultural and economic ties between the Hong Kong Special Administrative Region and Georgia.

    Currently, Hong Kong SAR passport holders may also visit Georgia visa-free for a stay of up to 30 days.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Visit to the United States: Third Day (1)[The Prime Minister in action]

    Source: Government of Japan – Prime Minister

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (1)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (2)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (3)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (4)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (5)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (6)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (7)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (8)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (9)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (10)

    Prime Minister Kishida attending an exchange of views with asset management companies from Japan and the United States (11)

    Working lunch with H.E. Dr. Ursula von der Leyen, President of the European Commission (1)

    Working lunch with H.E. Dr. Ursula von der Leyen, President of the European Commission (2)

    Working lunch with H.E. Dr. Ursula von der Leyen, President of the European Commission (3)

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Postal services to Vietnam return to normal

    Source: Hong Kong Government special administrative region

    Postal services to Vietnam return to normal
    Postal services to Vietnam return to normal
    *******************************************

         ​Hongkong Post announced today (September 24) that, as advised by the postal administration of Vietnam, mail delivery services to Vietnam previously impacted by flooding have returned to normal.

     
    Ends/Tuesday, September 24, 2024Issued at HKT 15:50

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    MIL OSI Asia Pacific News

  • MIL-OSI China: China pledges joint efforts with ASEAN to build closer community with shared future

    Source: China State Council Information Office

    China is willing to work with the Association of Southeast Asian Nations (ASEAN) to deepen practical cooperation and write a new chapter in building a closer China-ASEAN community with a shared future, Chinese Vice Premier Ding Xuexiang said Tuesday.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks when addressing the opening ceremony of the 21st China-ASEAN Expo and the China-ASEAN Business and Investment Summit in Nanning, south China’s Guangxi Zhuang Autonomous Region.

    China and ASEAN enjoy a long history of friendly relations and are good neighbors, good friends and good partners, Ding noted, adding that China and ASEAN have always been moving forward hand in hand, which has become the most successful and dynamic model of Asia-Pacific regional cooperation and a vivid example of promoting the building of a community with a shared future for mankind.

    China is advancing its efforts to build a great modern socialist country in all respects and pursue national rejuvenation through a Chinese path to modernization, which will bring great opportunities to the world, Ding said.

    China will continue to follow the principle of amity, sincerity, mutual benefit and inclusiveness in neighborhood diplomacy, deepen practical cooperation with ASEAN countries, and write a new chapter in building a closer China-ASEAN community of shared future, he added.

    Ding called on China and ASEAN countries to elevate strategic mutual trust to new heights. Efforts should be made to implement the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative, further synergize their development strategies, and strengthen high-quality Belt and Road cooperation to better promote regional and global prosperity and stability, he said.

    He also called on China and ASEAN countries to advance open cooperation to a new level. Both sides should implement the Regional Comprehensive Economic Partnership Agreement (RCEP) with high quality, work for an early conclusion of the negotiations for version 3.0 of the China-ASEAN Free Trade Area (FTA), steadily expand institutional opening-up, and build a more stable and smooth cross-border industrial and supply chain, he added.

    China and ASEAN countries need to foster a new pattern of all-round connectivity, Ding said, urging the two sides to jointly build the New International Land-Sea Trade Corridor at a high level, and make solid progress in the development of important economic corridors and key projects.

    China and ASEAN countries should expand new areas of cooperation in science, technology and innovation, Ding said, adding that the two sides should jointly implement China-ASEAN science and technology innovation enhancement program, accelerate the construction of platforms such as joint laboratories, and ensure that more innovative achievements benefit the people of both sides.

    Ding also urged China and ASEAN countries to cultivate new highlights in mutual understanding and affinity among the people. Taking the China-ASEAN Year of People-to-People Exchanges as an opportunity, Ding said the two sides should further deepen exchanges and cooperation in culture, tourism, training, youth, and solidify the public opinion foundation of bilateral relations.

    Malaysia’s Prime Minister Anwar Ibrahim delivered a video address. Deputy Prime Minister and Minister in charge of the Office of the Council of Ministers of Cambodia Vongsey Vissoth, Deputy Prime Minister of Laos Kikeo Khaykhamphithoune, and Deputy Prime Minister and Minister of Finance of Vietnam Ho Duc Phoc, as well as Secretary-General of ASEAN Kao Kim Hourn attended the opening ceremony and delivered speeches successively.

    After the opening ceremony, Ding toured the exhibition hall and exchanged views with the heads of the exhibitors.

    MIL OSI China News

  • MIL-OSI Asia-Pac: Four-day free horticultural education “Let’s Go Green in Celebration of the National Day” activities to be held at Kowloon Park (with photos)

    Source: Hong Kong Government special administrative region

    Four-day free horticultural education “Let’s Go Green in Celebration of the National Day” activities to be held at Kowloon Park (with photos)
    Four-day free horticultural education “Let’s Go Green in Celebration of the National Day” activities to be held at Kowloon Park (with photos)
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         To celebrate the 75th anniversary of the founding of the People’s Republic of China and to raise public interest in planting and promote greening, the Leisure and Cultural Services Department will organise horticultural activities around the theme of “Let’s Go Green in Celebration of the National Day” from September 28 to October 1 from 10am to 6pm daily at the Arcade and the Green Education and Resource Centre of Kowloon Park. The four-day event will feature National Day planting workshops, pot-planting activities, a thematic exhibition, game stalls, talks and guided tours. All are welcome and admission is free. Visitors in traditional Chinese costumes will be given a souvenir gift.      Participants of the National Day planting workshops can enjoy the fun of pot planting under the guidance of horticulture instructors. There will be hands-on workshops for creating 3D paper flower cards, scented sachets, key holders featuring compressed flowers, and plant rubbing art, alongside game stalls with Chinese cultural elements to share with the public the joy of National Day.      A thematic exhibition entitled “Enjoy Exploring the Rich Floral World” will be held at the Kowloon Park Arcade. Flowers not only beautify the environment and brighten daily lives, but also play a crucial role in plant growth by attracting insects and birds for pollination. Different species of flowers have their own shapes and colours, which can be relied upon to distinguish plant types.      Through the exhibition, members of the public can learn more about the functions, structures, shapes, inflorescence, colours of flowers, factors affecting flowering and their uses in daily life. For instance, some flowers are edible and can be used for medicinal purposes or for making essential oil.      Three talks in Cantonese, namely “Protected Plants in Hong Kong”, “Circular Urban Planting” and “The Kaleidoscopic Floral World”, will be held at the Green Education and Resource Centre in Kowloon Park on September 28, 29 and October 1 respectively. All are welcome to participate.      For enquiries, please call 2723 6053 during office hours or visit www.lcsd.gov.hk/en/green/gerc/activities/exhibitions.html.

     
    Ends/Tuesday, September 24, 2024Issued at HKT 16:00

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: SCED visits Singapore to foster closer trade and economic ties (with photos)

    Source: Hong Kong Government special administrative region

    SCED visits Singapore to foster closer trade and economic ties (with photos)
    SCED visits Singapore to foster closer trade and economic ties (with photos)
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         ​The Secretary for Commerce and Economic Development, Mr Algernon Yau, met with senior officials and business leaders in Singapore to deepen trade and economic ties, and explore collaboration opportunities on his visit to the country.      ​Mr Yau started his three-day visit on September 22. Hong Kong and Singapore have long been enjoying close and cordial bilateral trade and economic relations. Singapore is Hong Kong’s fourth-largest trading partner and largest partner among the Association of Southeast Asian Nations (ASEAN) member states in merchandise trade. Singapore is also Hong Kong’s seventh-largest investor and sixth-largest destination of outward investment.      ​During the visit, Mr Yau met with representatives from major business chambers of Singapore, including the Singapore Business Federation, the Association of Small & Medium Enterprises of Singapore, the Singapore International Chamber of Commerce and the Singapore Chinese Chamber of Commerce & Industry respectively to update them on Hong Kong’s latest development and measures on assisting enterprises in setting up businesses in Hong Kong. He also appealed to the Singaporean business sector to leverage Hong Kong’s unique advantages to explore the vast opportunities in the Mainland market, particularly the Guangdong-Hong Kong-Macao Greater Bay Area.      ​Meanwhile, Mr Yau had a lunch meeting with the Deputy Prime Minister and Minister for Trade and Industry of Singapore, Mr Gan Kim Yong, yesterday (September 23) to discuss various trade and economic issues and exchange views on the regional economic landscape. Mr Yau expressed gratitude to the support from Singapore for Hong Kong’s application for joining the Regional Comprehensive Economic Partnership (RCEP). He noted that Hong Kong always treasures Singapore as a valuable economic partner both on its own and as a member of the ASEAN family. By joining the RCEP, Hong Kong can contribute to the wider and deeper economic co-operation and integration in the region.      ​Mr Yau also paid a courtesy call on the Chinese Ambassador to Singapore, Mr Cao Zhongming, to update him on the latest situation of Hong Kong. He then had dinner with Hong Kong entrepreneurs and executives working in Singapore with a view to understanding their work and lives.      ​Mr Yau today (September 24) met with the Chairman of the Singapore Economic Development Board, Mr Png Cheong Boon, to learn about the latest developments of Singapore and exchange views on investment promotion. Mr Yau said he looked forward to further collaboration between Hong Kong and Singapore in different areas with a view to fostering even closer relations between the two economies.      ​Mr Yau concluded his visit and will return to Hong Kong this evening.

     
    Ends/Tuesday, September 24, 2024Issued at HKT 16:00

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Speech by CE at 5th Belt and Road Initiative Tax Administration Cooperation Forum (English only)

    Source: Hong Kong Government special administrative region

    Speech by CE at 5th Belt and Road Initiative Tax Administration Cooperation Forum (English only)
    Speech by CE at 5th Belt and Road Initiative Tax Administration Cooperation Forum (English only)
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         Following is the speech by the Chief Executive, Mr John Lee, at the 5th Belt and Road Initiative Tax Administration Cooperation Forum today (September 24): Honourable Commissioner Hu Jinglin (Commissioner of the State Taxation Administration), Deputy Commissioner Wang Daoshu (Deputy Commissioner of the State Taxation Administration and Executive Secretary of the Belt and Road Initiative Tax Administration Cooperation Mechanism Secretariat), Deputy Director Yin Zonghua (Deputy Director of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region (HKSAR)), Deputy Commissioner Li Yongsheng (Deputy Commissioner of the Office of the Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the HKSAR), honourable ministers and senior officials from Belt and Road economies, distinguished guests, ladies and gentlemen,      Good afternoon. Welcome to Hong Kong and the 5th Belt and Road Initiative Tax Administration Cooperation Forum.      I am grateful to the organisers, the Belt and Road Initiative Tax Administration Cooperation Mechanism, or BRITACOM – this year celebrating its fifth anniversary – and to our Inland Revenue Department. BRITACOM was created, in 2019, to promote tax administration co-operation among the widespread jurisdictions of the Belt and Road Initiative.      The Belt and Road Initiative, as you are well aware, was proposed by President Xi Jinping in 2013. As the Initiative ushers in its next golden decade, so has BRITACOM, a key co-operation mechanism that has facilitated people-to-people exchanges and promoted mutual understanding along the Belt and Road.      Today, BRITACOM counts 37 Council Members and more than 30 observers – including tax administrations and international organisations.      And this Forum, the annual international forum of BRITACOM, is a must-attend event. This year’s three-day gathering has attracted some 400 high-level representatives from nearly 30 jurisdictions. You are officials of tax administrations, tax specialists, academics and professionals from around the world.      This year’s theme – “Deepening Tax Administration Cooperation for High-Quality Belt and Road Development” – speaks clearly of today’s complex world and the heightened need for connectivity among us.      Hong Kong, China is honoured to host this year’s Forum and connect Belt and Road economies together in our global community of shared future. I am grateful for the State Taxation Administration’s support in our efforts.      Hong Kong plays an active role in the Belt and Road. And we are committed to the good work of BRITACOM, as a member tax administration of the mechanism.      Under the unique “one country, two systems” principle, Hong Kong connects both the global advantage and the China advantage in a single city. As a special administrative region of the People’s Republic of China, we are a separate customs territory and practise an independent taxation system. We are a founding member of the World Trade Organization and participate in international organisations and trade agreements using the name “Hong Kong, China”.      As the only common law jurisdiction within China, our legal system in the business realm resembles that of most major international financial centres. Our robust legal system is backed by such long-standing institutional strengths as the free flow of information, capital, goods and people, low and simple tax system, and highly open and internationalised market. Together, they ensure our strategic role as a “super connector” and a “super value-adder” between the Mainland and the rest of the world.      It helps, and enormously, that Hong Kong is a trusted international centre for finance and trade. In the latest World Competitiveness Yearbook, published by the International Institute for Management Development (IMD), Hong Kong placed fifth, up two positions over last year’s ranking.       According to the Yearbook, we came first in the Asia-Pacific region in “tax policy” and second worldwide. And we topped the world in “international trade” and “business legislation”.      Crucial to Hong Kong’s development is our talent. As the only city in Asia that has as many as five universities in the world’s top 100, Hong Kong boasts a strong pool of multi-talented and hard-working professionals. That’s why in the latest World Talent Ranking, published last week also by the IMD, we ranked number nine in the world, rising visibly from 16 last year. We were among the global top five in the availability of finance skills, effectiveness of management education, and remuneration of management. I am proud of the achievement of our talent, and our city.      Hong Kong is a pivotal player in such national strategies as the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative. Indeed, just two weeks ago, we hosted our annual Belt and Road Summit, drawing some 6 000 high-profile individuals from about 70 countries and regions. The Summit, which next year turns 10, has been recognised by the Central Government as a key global gathering for advancing economic, trade and investment co-operation along the Belt and Road.       Economic globalisation, digitalisation and evolving business models demand a co-operative approach. By deepening collaboration, we can, working together, create an equitable, efficient and sustainable system that benefits us all.       Indeed, tax administration plays a crucial role in ensuring sustainable development. Efficient tax systems provide the essential resources for the delivery of public services and infrastructure.       Hong Kong believes that transparent and fair tax policies could foster trust among investors, governments and taxpayers.      As a champion of free and multilateral trade, Hong Kong, I’m pleased to add, supports the co-ordinated efforts of the international tax community, actively engaging in initiatives designed to bring economies together.      We take pride in having signed 50 Comprehensive Avoidance of Double Taxation Agreement since 2003. And more than 60 per cent of these agreements were signed with jurisdictions participating in the Belt and Road.       These agreements play a vital role in strengthening economic ties and promoting cross-border trade and investment. They enable closer tax co-operation between governments, aligning our practices with global standards.        We are, let me add, committed to expanding our tax treaty network, particularly with economies along the Belt and Road.       And I am pleased to announce that Hong Kong and Türkiye will sign a Comprehensive Avoidance of Double Taxation Agreement later at this Forum.      This milestone is another tangible illustration of Hong Kong’s determination to expand our tax treaty network. It also highlights our commitment to boosting ties and relations with Belt and Road economies.       Alongside our long-standing institutional strengths, we are increasingly employing technology to enhance taxpayer services and improve compliance.      And we are pleased to share our digital tax administration experience with Belt and Road jurisdictions – with each one of you. Much of tomorrow morning’s Forum, let me add, will focus on promoting the digitalisation of tax administration.       I am confident you will find this Forum instructive, inspiring and rewarding, whatever your sector, profession or interest.        I’m confident, too, that you will find Hong Kong equally rewarding over these next several days. This Forum is just one of more than 200 major events we’re hosting this year for visitors from around the world. I encourage you to make time to experience our dynamic culture and world-class entertainment, from daybreak deep into the night.      Hong Kong is fast rising as an East-meets-West centre for international cultural exchange. That becomes abundantly clear in a visit to
    our West Kowloon Cultural District. One of the largest developments of its kind in the world, it’s home to the Hong Kong Palace Museum and its priceless treasures from the Beijing’s Forbidden City. Home, too, to M+, Asia’s first global museum of contemporary visual art. You’ll also want to take in the breathtaking views from Victoria Harbour and Ngong Ping 360, the thrilling cable car that connects Tung Chung and Ngong Ping on Lantau Island, which is just a stone’s throw away from our event venue here.      This venue, AsiaWorld-Expo, is one of our key exhibition and convention venues. Its close proximity to the Hong Kong International Airport, the world’s busiest cargo airport, means you get to stay well-connected to our city while marvelling at the rapid development of the airport, whose Three-Runway System will be commissioned later this year.      More than a bustling airport, mountain vistas and stunning seaside villages, Hong Kong counts nearly 80 Michelin-star restaurants and neighbourhood pubs, diners and dim sum delights everywhere. We boast nine of Asia’s 50 best bars, including the top bar in the continent, and have two of the world’s 50 best hotels.      Wherever you look, there’s always something happening in Hong Kong, an energetic and welcoming world city.      Ladies and gentlemen, enjoy the Forum and all that Hong Kong has to offer.       Thank you.

     
    Ends/Tuesday, September 24, 2024Issued at HKT 16:05

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    MIL OSI Asia Pacific News

  • MIL-OSI Europe: Banks and financial institutions express support for expanding global production of fossil-free electricity from nuclear energy by 2050

    Source: Government of Sweden

    Banks and financial institutions express support for expanding global production of fossil-free electricity from nuclear energy by 2050 – Government.se

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    Yesterday, 23 September, Minister for Energy, Business and Industry and Deputy Prime Minister Ebba Busch took part in a meeting between ministers and other high representatives of countries that backed a COP28 declaration on the need to triple production of nuclear energy by 2050. In conjunction with the meeting, global banks and financial institutions backed the countries’ ambition to increase production of electricity from nuclear energy.

    During the meeting, discussions touched on how to proceed from the declaration and how the countries could jointly realise this collaboration. Representatives of global banks and financial institutions took part in discussions on how to finance large-scale expansion. 

    “One of the greatest obstacles to the necessary expansion of nuclear energy is to secure financing. Governments, financial institutions and industry have critical roles to play in this endeavour. I am delighted by this decision, which attests to the shared view of nuclear energy’s importance among both governments and the financial sector,” says Ms Busch. 

    Countries that support the declaration

    Sweden, Armenia, Bulgaria, Canada, Croatia, Czechia, Finland, France, Ghana, Hungary, Jamaica, Japan, Moldova, Mongolia, Morocco, the Netherlands, Poland, Romania, Slovakia, Slovenia, South Korea, Ukraine, the United Arab Emirates, the United Kingdom and the United States.

    Background

    Interest for new nuclear energy is growing rapidly in many countries, including here in the EU. This applies both to countries that already have nuclear energy and those who had previously held a neutral or sceptical view of the technology. More and more countries are realising that everyone needs to secure fossil-free energy – both renewable and nuclear – to succeed in the green transition, strengthen competitiveness and achieve the climate goals. Major energy price increases following Russia’s invasion of Ukraine have also illustrated the importance of democratic countries not being reliant on dictatorships.

    Press contact

    MIL OSI Europe News

  • MIL-OSI: Bitget Wallet Outlines Roadmap in TOKEN2049: Simplifying Web3 for the Next Billion Users

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Sept. 24, 2024 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, presented a vision centered around bringing blockchain technology to everyday users during TOKEN2049 in Singapore. Alongside engaging with the community at the TOKEN2049 conference, Bitget Wallet actively participated in various partner events to further discussions around Web3 innovation. Alvin Kan, COO at Bitget Wallet, shared the company’s strategy to make Web3 accessible by simplifying user experiences and integrating blockchain into daily life. “The next billion Web3 users will come from seamless, user-friendly experiences that erase the lines between Web2 and Web3,” he stated. Bitget Wallet’s growth underscores this vision, with the platform recently surpassing 30 million users worldwide and becoming the most downloaded Web3 wallet app globally, according to App Store and Google Play data.

    Bridging Web2 and Web3 with Simplified Payments

    Kan outlined Bitget Wallet’s plans to break down barriers between Web2 and Web3, starting with payments. In a fireside chat titled “Defining Payment” alongside leaders from Solana Foundation, Fireblocks, and DCS Card Centre, Kan revealed Bitget Wallet’s development of a Web3 payment solution with keyless access and cross-chain functionality, aiming to make crypto payments as intuitive as traditional ones. Bitget Wallet also plans to launch a crypto-to-fiat solution, enabling users to seamlessly convert and spend crypto on daily transactions while retaining full control over their assets in a self-custodial wallet.

    Redefining Gaming in the TON Ecosystem

    At the TON Open Art panel, Kan discussed Web3 gaming’s evolution with TON Foundation and other projects, highlighting Bitget Wallet’s involvement in the TON ecosystem. He pointed to gaming projects on TON are shifting from single-game models to robust ecosystems designed for long-term user engagement. Kan emphasized that future Web3 gaming will incorporate more long-term incentive mechanisms to ensure continuous participation, moving away from short-lived promotions like airdrops. He also stressed the growing role of social elements in gaming, particularly in Telegram mini-games that leverage the platform’s vast user base. “The next wave of Web3 gaming will integrate social aspects, making games within Telegram deeply immersive,” Kan noted.

    Fueling Web3 Ecosystem Growth

    At the Morph Consumer Day panel, Kan highlighted that consumer adoption of blockchain technology is the final unlock for Web3’s mass adoption, and real-life use cases will be the focus as more Web2 institutions coming into the space. Kan highlighted that Bitget Wallet has already partnered with over 100 mainnets, including major networks like Bitcoin, Ethereum, Solana, Base, and TON. These collaborations are part of Bitget Wallet’s broader strategy to create a long-term ecosystem by offering seamless user experiences and robust reward mechanisms, driving more decentralized applications (DApps) to mainstream user. Kan said: “Our focus is on empowering our partners, creating seamless user experience and developing long-term incentive structures to keep users engaged within the Web3 ecosystem.”

    About Bitget Wallet

    Bitget Wallet stands as one of the world’s leading non-custodial Web3 wallets and decentralized ecosystem platform. With the Bitget Onchain Layer, the wallet is well-poised to develop a burgeoning DeFi ecosystem through co-creation and strategic incubation. Aside from a powerful Swap function, Bitget Wallet also offers multi-chain asset management, smart money insights, a native Launchpad, Inscriptions Center, and an Earning Center. Supporting over 100 major blockchains, 250,000+ tokens, and a wide array of DApps, Bitget Wallet is your top wallet for asset discovery and Web3 exploration.

    For more information, visit: Website | Twitter | Telegram | Discord

    The MIL Network

  • MIL-OSI China: China pledges joint efforts with ASEAN to build closer community with shared future: vice premier

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

    China pledges joint efforts with ASEAN to build closer community with shared future: vice premier

    NANNING, Sept. 24 — China is willing to work with the Association of Southeast Asian Nations (ASEAN) to deepen practical cooperation and write a new chapter in building a closer China-ASEAN community with a shared future, Chinese Vice Premier Ding Xuexiang said Tuesday.

    Ding, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks when addressing the opening ceremony of the 21st China-ASEAN Expo and the China-ASEAN Business and Investment Summit in Nanning, south China’s Guangxi Zhuang Autonomous Region.

    China and ASEAN enjoy a long history of friendly relations and are good neighbors, good friends and good partners, Ding noted, adding that China and ASEAN have always been moving forward hand in hand, which has become the most successful and dynamic model of Asia-Pacific regional cooperation and a vivid example of promoting the building of a community with a shared future for mankind.

    China is advancing its efforts to build a great modern socialist country in all respects and pursue national rejuvenation through a Chinese path to modernization, which will bring great opportunities to the world, Ding said.

    China will continue to follow the principle of amity, sincerity, mutual benefit and inclusiveness in neighborhood diplomacy, deepen practical cooperation with ASEAN countries, and write a new chapter in building a closer China-ASEAN community of shared future, he added.

    Ding called on China and ASEAN countries to elevate strategic mutual trust to new heights. Efforts should be made to implement the Global Development Initiative, the Global Security Initiative, and the Global Civilization Initiative, further synergize their development strategies, and strengthen high-quality Belt and Road cooperation to better promote regional and global prosperity and stability, he said.

    He also called on China and ASEAN countries to advance open cooperation to a new level. Both sides should implement the Regional Comprehensive Economic Partnership Agreement (RCEP) with high quality, work for an early conclusion of the negotiations for version 3.0 of the China-ASEAN Free Trade Area (FTA), steadily expand institutional opening-up, and build a more stable and smooth cross-border industrial and supply chain, he added.

    China and ASEAN countries need to foster a new pattern of all-round connectivity, Ding said, urging the two sides to jointly build the New International Land-Sea Trade Corridor at a high level, and make solid progress in the development of important economic corridors and key projects.

    China and ASEAN countries should expand new areas of cooperation in science, technology and innovation, Ding said, adding that the two sides should jointly implement China-ASEAN science and technology innovation enhancement program, accelerate the construction of platforms such as joint laboratories, and ensure that more innovative achievements benefit the people of both sides.

    Ding also urged China and ASEAN countries to cultivate new highlights in mutual understanding and affinity among the people. Taking the China-ASEAN Year of People-to-People Exchanges as an opportunity, Ding said the two sides should further deepen exchanges and cooperation in culture, tourism, training, youth, and solidify the public opinion foundation of bilateral relations.

    Malaysia’s Prime Minister Anwar Ibrahim delivered a video address. Deputy Prime Minister and Minister in charge of the Office of the Council of Ministers of Cambodia Vongsey Vissoth, Deputy Prime Minister of Laos Kikeo Khaykhamphithoune, and Deputy Prime Minister and Minister of Finance of Vietnam Ho Duc Phoc, as well as Secretary-General of ASEAN Kao Kim Hourn attended the opening ceremony and delivered speeches successively.

    After the opening ceremony, Ding toured the exhibition hall and exchanged views with the heads of the exhibitors.

    MIL OSI China News

  • MIL-OSI Asia-Pac: 6 building plans approved in July

    Source: Hong Kong Information Services

    The Buildings Department approved six building plans in July – two in Kowloon and four in the New Territories.

    Of the approved plans, two were for apartment and apartment-commercial developments, one was for commercial development, and three were for community services developments.

    Consent was given for works to start on eight building projects which, when completed, will provide 49,388 sq m of gross floor area for domestic use involving 608 units, and 31,424 sq m of gross floor area for non-domestic use.

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

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

    The buildings certified for occupation comprise 91,964 sq m of gross floor area for domestic use, involving 2,209 units, and 36,644 sq m for non-domestic use.

    Meanwhile, the department received 3,311 reports about unauthorised building works in July and issued 659 removal orders.

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: Towards a new Declaration for the Protection of Humanitarian Personnel

    Source: United Kingdom – Executive Government & Departments 3

    Foreign Ministers of Australia, Jordan, Switzerland, Indonesia, Sierra Leone, the United Kingdom, Japan, Brazil and Colombia gave a joint statement on the protection of humanitarian personnel.

    Statement by Foreign Ministers of Australia, Jordan, Switzerland, Indonesia, Sierra Leone, the United Kingdom, Japan, Brazil and Colombia:

    Australia, Jordan, Switzerland, Indonesia, Sierra Leone, the United Kingdom, Japan, Brazil and Colombia, today announced the formation of a Ministerial Group for the Protection of Humanitarian Personnel, dedicated to upholding and championing international humanitarian law and driving action to protect humanitarian personnel in conflict zones.

    International humanitarian law is the foundation for alleviating human suffering in wars. It limits the effects of armed conflict and regulates the conduct of hostilities. It provides for the protection of civilians, including the protection and respect of humanitarian personnel who assist and protect the victims of armed conflict, and notably provide the food, water and medical care that civilians in conflict zones need to survive.

    But respect for international humanitarian law is severely undermined, with consequences for current and future conflicts. Calls for compliance are not being heard.

    2023 was the deadliest year on record for humanitarian personnel, with 280 killed and hundreds more wounded and kidnapped. 2024 is on track to be even worse.

    This year alone, we have seen humanitarian personnel killed in Sudan, South Sudan, Ukraine, Yemen and many other contexts. Gaza is the most dangerous place on earth to be an aid worker, with over 300 humanitarian personnel killed since the start of the war.

    In forming this Ministerial Group, and in partnership with humanitarian organisations, we rededicate ourselves to the protection of humanitarian personnel. We stand together, seizing the momentum created by the adoption of UN Security Council Resolution 2730 in May 2024, to strengthen international commitment and translate it into action, to reverse current trends.

    The Ministerial Group has decided to pursue a Declaration on the Protection of Humanitarian Personnel.

    The Declaration will be developed over the coming months, and will demonstrate the unity of the international community’s commitment to protect humanitarian personnel and to channel that commitment into action in all current and future conflicts. All countries will be invited to join the Declaration.

    The Declaration will support the United Nations Secretary-General in his endeavours to improve the safety and security of humanitarian personnel, including in accordance with UNSCR 2730.

    Updates to this page

    Published 23 September 2024

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: Hong Kong rose to third place globally in Global Financial Centres Index

    Source: Hong Kong Government special administrative region

         Hong Kong ranked third globally in the Global Financial Centres Index (GFCI) 36 Report published today (September 24) by Z/Yen from the United Kingdom and the China Development Institute from Shenzhen, moving up one place from the March issue of the index this year. Hong Kong also ranked first in the Asia-Pacific region. The overall rating increased by eight points, the largest improvement among the top five financial centres.
     
    ​     A Government spokesman said, “The report clearly affirms Hong Kong’s status and strengths as a leading global financial centre. Hong Kong’s scores were rated among the top in various areas of competitiveness, including ‘business environment’, ‘human capital’, ‘infrastructure’, and ‘reputational and general’. Hong Kong’s rankings in various financial industry sectors also rose significantly, including ‘investment management’, ‘insurance’, ‘banking’ and ‘professional services’. Among them, the ranking in ‘investment management’ advanced to first globally. In addition, the report assessed the financial centres’ fintech offerings, and Hong Kong’s ranking rose five places to ninth, making it among the top 10 fintech hubs.”
     
    ​     Hong Kong’s asset and wealth management business is booming, with assets under management growing by about 2 per cent from the previous year to more than HK$31 trillion in end-2023. Net fund inflows reached HK$390 billion, representing a year-on-year increase of over 3.4 times. The development of the family office business in Hong Kong continues to gain momentum. The New Capital Investment Entrant Scheme has continued to receive overwhelming response since its launch in March, with more than 550 applications received so far. It is expected to bring in more than HK$16.5 billion in investments to Hong Kong.
     
    ​     The spokesman added, “As an international financial centre, Hong Kong brings together the world’s top financial institutions and talent, provides professional financial services, and owns a deep and broad capital market. Our regulatory system aligns with those of major overseas markets, with the free flow of information and capital. Under ‘one country, two systems’, Hong Kong’s unique position of having the strong support of the motherland while being closely connected to the world empowers us to fully leverage our role as a ‘super connector’ and ‘super value-adder’.
     
    ​     “The Government will continue to actively understand, respond to and embrace changes to promote the high-quality development of the financial sector. In the stock market, we are proactively enhancing its breadth and depth as well as boosting market efficiency and competitiveness, including establishing the listing regime for specialist technology companies, reforming GEM, maintaining trading under severe weather, facilitating share buyback and introducing the new treasury share regime, and further attracting listing. We are also endeavouring to deepen financial mutual access between the Mainland and Hong Kong so as to further strengthen Hong Kong’s role in connecting the Mainland and international capital markets. Measures include expanding the eligible scope of exchange-traded funds under Stock Connect, and taking forward a series of enhancements to Swap Connect. Regarding green finance, Hong Kong is working on the full adoption of the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) for sustainability reporting. We also seek to create healthy and suitable conditions for the development of virtual assets (VA) by improving the regulatory framework with the proposed licensing regimes for fiat-referenced stablecoin issuers and VA over-the-counter service providers, so as to promote the sustainable development of Hong Kong’s Web3 ecosystem. We are also strengthening the nurture of talent in various financial fields through launching a series of internship and training schemes, with a view to building a sustainable talent pool for the financial sector in Hong Kong.”
     
    ​     The GFCI Report is released in March and September every year since 2007. In GFCI 36, 121 financial centres were assessed, and Hong Kong ranked third globally with an overall rating of 749.

    MIL OSI Asia Pacific News

  • MIL-OSI Translation: ASIA/INDONESIA – Appointment of the new director of the Pontifical Mission Societies

    MIL OSI Translation. Region: Italy –

    Source: The Holy See in Italian

    Tuesday, September 24, 2024

    Vatican City (Agenzia Fides) – Cardinal Luis Antonio G. Tagle, Pro-Prefect of the Dicastery for Evangelization (Section for the first evangelization and the new particular Churches), on 5 September 2024, appointed Rev. Fr. Alfonsus Widhiwiryawan SX, director of the Pontifical Mission Societies (PMS) of Indonesia for five years. The new director of the Indonesian PMS was born in 1979 and carried out his novitiate and first religious vows with the Xaverian missionaries in Jakarta. He was ordained a priest in 2009 and studied philosophy and theology, obtaining a bachelor’s degree in theology and a license in spirituality. He studied Italian language and culture in Parma, Spanish language in Madrid and English language in Glasgow. He was vice rector of the pre-novitiate of the Xaverian missionaries in Jakarta (2011-2023), assistant parish priest in the parish of St. Matius Penginjil in Bintaro (Jakarta) where he also served as a religion teacher in a state institute (2013-2015); a theology teacher at the STF Driyarkara in Jakarta, he was a member of the formation commission of the Xaverian missionaries of Indonesia (2012-2016). A teacher in biblical institutions in Indonesia and vice rector of the philosophy studentate at the Xaverian missionaries in Jakarta (2015-2016), he was director of animation and missionary vocation of the Xaverian missionaries in Yogyakarta (2016-2021). In 2021 he held the role of rector of the Domus San Francesco Saverio in Padang (Central Sumatra). From 2022 to 2024 he was responsible for the commission for the youth of the diocese of Padang and diocesan director of the PMS of the same diocese; he was also vice parish priest of the parish of San Francesco d’Assisi in Padangbaru (Central Sumatra) and formator of the Minor Seminary “Maria Nirmala” in Padang. (EG) (Agenzia Fides 24/09/2024) Share:

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

  • MIL-OSI Asia-Pac: Good Employer Charter 2024 Presentation Ceremony and Good Employee Recognition Campaign Kick-off Ceremony held today

    Source: Hong Kong Government special administrative region

    Good Employer Charter 2024 Presentation Ceremony and Good Employee Recognition Campaign Kick-off Ceremony held today
    Good Employer Charter 2024 Presentation Ceremony and Good Employee Recognition Campaign Kick-off Ceremony held today
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          The Labour Department (LD) held the Good Employer Charter 2024 (Charter 2024) Presentation Ceremony and the Good Employee Recognition Campaign Kick-off Ceremony today (September 24), commending all good employers while launching the Good Employee Recognition Campaign.       Speaking at the ceremony, the Secretary for Labour and Welfare, Mr Chris Sun, expressed gratitude to every good employer for implementing flexible work arrangements and offering assistance to employees to enable them to balance the needs of work and personal lives, which are conducive to unleashing the potential of the local labour force.      Various sectors have supported the Charter 2024, with a total of 1 596 organisations being accredited as signatories, representing an increase of nearly 70 per cent from the previous term. Among them, 1 002 organisations are authorised to use the “Supportive Family-friendly Good Employer” logo which symbolises a commitment to promoting a family-friendly employment culture. Moreover, 318 organisations have been signatories for three consecutive terms with consistent good human resource management practices in place. Representatives from three signatories of the Charter 2024 shared their successful experiences in carrying out good human resource management and family-friendly employment practices at the event today.       In furtherance of the Charter 2024, the LD launched for the first time the Good Employee Recognition Campaign to encourage participating signatories to nominate their employees to join the Campaign to express their gratitude and recognition for their contributions. Good employees can be measured in the following five key aspects, namely work ability, attitude to clients, adaptability, team spirit, and a sense of belonging to the organisation. Nominated employees or teams being accredited by the panel of judges will each be awarded the Good Employee Commendation Certificate and a lapel pin to recognise their outstanding performances and contributions to the organisations.      The Presentation Ceremony and the Kick-off Ceremony is one of the signature events in celebration of the 75th anniversary of the founding of the People’s Republic of China. Mr Sun said that the current-term Government attached great importance to improving employees’ benefits, promoting employment, and protecting the occupational safety and health of employees. He hoped that different groups in society would continue to support the government-led Charter and the Good Employee Recognition Campaign, and work together closely to foster win-win labour relations as well as a harmonious and inclusive community.      The LD has published a newspaper supplement introducing the Charter 2024 and the Good Employee Recognition Campaign as well as major initiatives of the current-term Government to improve employees’ rights and benefits. For details of Charter 2024 and the Good Employee Recognition Campaign, please visit the website: www.gec.labour.gov.hk.     The Good Employer Charter has come to its third round since it was first awarded in 2018, and is supported by eight organisations, namely the Chinese General Chamber of Commerce, Hong Kong; the Chinese Manufacturers’ Association of Hong Kong; the Employers’ Federation of Hong Kong; the Federation of Hong Kong Industries; the Hong Kong General Chamber of Commerce; the Hong Kong General Chamber of Small and Medium Business; the Hong Kong Institute of Human Resource Management, and the Hong Kong Small and Medium Enterprises Association. The aforementioned organisations, together with the Hong Kong Federation of Trade Unions and the Federation of Hong Kong and Kowloon Labour Unions, are supporting organisations of the Good Employee Recognition Campaign. 

     
    Ends/Tuesday, September 24, 2024Issued at HKT 16:30

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