Category: Asia

  • Trump says damage from Iran strikes severe despite “inconclusive” intelligence

    Source: Government of India

    Source: Government of India (4)

    U.S. President Donald Trump said on Wednesday that the damage to Iranian nuclear sites from missile strikes over the weekendwas severe, though he also acknowledged that the available intelligence on the matter was inconclusive.

    His comments followed reports by Reuters and other media outlets on Tuesday revealing that the U.S. Defense Intelligence Agency had assessed that the strikes had set back Iran’s nuclear program by just a few months, despite administration officials saying the program had been obliterated.

    “The intelligence was very inconclusive,” Trump told reporters before joining a NATO summit in The Hague. “The intelligence says we don’t know. It could’ve been very severe. That’s what the intelligence suggests.”

    Later, during the same round of comments, Trump argued that Iran’s nuclear deal had been set back “basically decades, because I don’t think they’ll ever do it again”.

    Trump was sitting alongside Secretary of State Marco Rubio and Secretary of Defense Pete Hegseth, who both also cast doubt on the reliability of the DIA assessment.

    Rubio said the U.S. was opening an investigation into the leak of the DIA report. He also suggested the report’s contents had been misrepresented in the media.

    (Reuters)

  • Pant, Duckett hit career-highs in latest ICC Test rankings

    Source: Government of India

    Source: Government of India (4)

    India’s Rishabh Pant and England’s Ben Duckett have achieved career-best ratings in the latest ICC Men’s Test Batting Rankings following their impressive performances with the bat in the first Test at Headingley, according to the official ICC website.

    Pant became just the second wicket-keeper after Zimbabwe’s Andy Flower to score two centuries in the same Test match, scoring 134 and 118 in the thrilling Leeds contest that England won by five wickets. He earned a career-best rating, moving up one spot to seventh overall in the Test batting rankings.

    Duckett claimed Player of the Match honors for his innings of 62 and 149, also achieving a new career-best rating by jumping five places to eighth in the updated Test batting rankings.

    Duckett’s England teammates Ollie Pope (up three spots to 19th) and Jamie Smith (up eight places to 27th) also gained ground in this week’s rankings update. Meanwhile, India captain Shubman Gill moved up five spots to 20th overall after his century in the first innings of the match.

    England veteran Joe Root remains the No.1-ranked Test batter, with teammate Harry Brook his closest challenger.

     

    The drawn first Test between Sri Lanka and Bangladesh also saw a host of players improve their positions in the batting rankings, with Mushfiqur Rahim leading the way after his innings of 163 in Galle.

    Rahim gained 11 spots to reach 28th among Test batters, while teammate Najmul Hossain Shanto surged 21 places to 29th after scoring two centuries in the same match.

    There was little change in the latest Test bowlers’ rankings, with India’s pace spearhead Jasprit Bumrah maintaining his top position after another five-wicket haul in the Headingley Test.

    There was also joy for England captain Ben Stokes, who gained three spots to move up to fifth in the Test all-rounder rankings, following his strong contributions with both bat and ball in the same Test.

    Changes were also seen in the latest T20I rankings after the completion of the tri-series between Scotland, Nepal, and the Netherlands, which the hosts won in Glasgow.

    Netherlands’ dasher Michael Levitt rose 16 spots to 14th, and Scotland all-rounder Brandon McMullen moved up 20 places to joint-38th on the latest T20I batters list, while spinner Mark Watt climbed two spots to 38th in the T20I bowlers’ rankings.

    Nepal spinner Lalit Rajbanshi also made notable progress, jumping 29 places to 54th following his four wickets in the tri-series. 

    (ANI)

  • MIL-OSI United Kingdom: Schools champion climate education in drive to towards Net Zero

    Source: Scotland – City of Aberdeen

    Members of the Education and Children’s Services Committee were today (Tuesday 24 June) updated on the significant strides made by Aberdeen schools in educating young people about Climate Change, Biodiversity and the city’s Net Zero ambitions during the 2024-25 school session.

    The report, which detailed a wide range of impactful events and initiatives delivered across schools, as well as the continued efforts of the Youth Climate Change Group, was approved by committee with the exception of recommendation 2.3.  The full report can be viewed here.

    Councillor Martin Greig, convener, of the Education and Children’s Services Committee, said: “Our schools are playing a vital role in preparing young people to meet the challenges of the climate emergency. Through innovative learning and strong partnerships, we are empowering the next generation to lead the way towards a more sustainable and equitable future for Aberdeen and beyond.”

    Councillor Jessica Mennie, vice-convener of the Education and Children Services Committee, said: “The enthusiasm and creativity shown by our young people in tackling climate change is truly inspiring. By embedding sustainability into everyday learning and supporting youth-lead initiatives, we are not only educating but also encouraging future leaders to help shape a greener Aberdeen.”

    Aberdeen’s schools continue to embrace the Learning for Sustainability (LfS) agenda, integrating sustainable development, biodiversity, climate change, outdoor learning, and global citizenship into the Curriculum for Excellence.

    These themes are explored through interdisciplinary learning, project-based learning, science, social studies, and outdoor education, empowering young people to take meaningful action for a better future. Aberdeen now has 11 schools that are recognised as Eco Schools and awarded Green Flag status by Keep Scotland Beautiful.

    St Joseph’s RC School won the Scottish Fair Trade ‘In the Bag’ award in recognition of its 10-year commitment to fair and ethical trade, including being the first school in Scotland to commit to supporting and working with communities in India.

    The Youth Climate Change Group remains a vital platform for pupil voice and leadership and the committee thanked pupils for their significant efforts in promoting and actioning environmental work in school and citywide.

    Committee members agreed that this important area of focused activity should continue and instructed the Chief Officer for Education and Lifelong Learning to support the Youth Climate Change Group to collate and share a yearly summary of the most impactful projects in their schools, through means to be determined by the group, to inspire other young people across the city.

    The committee agreed that representatives from the Youth Climate Change Group should be invited to present the Climate Change report to committee in subsequent years.

    In partnership with the City Development and Regeneration Service, the Education Service will launch the ABZ Pipeline – a new initiative designed to create curriculum-linked pathways into the renewable sector.  This programme will connect learners with employers, offering real-world experiences and helping pupils align their career planning with Aberdeen’s green economy.

    Aberdeen for a Fairer World (AFW) continues to play a key role in supporting schools with climate-related activities. Their work includes developing projects with local authorities, ETZ, and employers, identifying skills and employment opportunities, and assessing the impact of in-school activities.

    A comprehensive record of school participation during Climate Week North East 2025 will be published in the summer term.

    Beyond the classroom, pupils are engaging in film screenings, workshops, barista events, and Fair Trade initiatives – demonstrating their commitment to sustainability and community action.  These efforts also contribute to wider achievement and support National Qualifications.

    These initiatives also align with the Local Outcome Improvement Plan (LOIP) Stretch Outcome 13, which aims to reduce Aberdeen’s carbon emissions by at least 61% by 2026. As the city works towards Net Zero by 2045, the continued focus on climate education and youth engagement is essential to building a resilient, sustainable future.

    The committee instructed the Chief Officer of Education and Lifelong Learning to provide a progress update within one calendar year. 

    MIL OSI United Kingdom

  • MIL-OSI Russia: Second stage of China’s largest offshore gas field commissioned

    Translation. Region: Russian Federal

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

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

    BEIJING, June 25 (Xinhua) — China National Offshore Oil Corp. (CNOOC) said Wednesday that the second phase of its Shenhai-1 (Deepwater-1) gas field in the South China Sea has begun production, marking the completion of the country’s largest such project.

    According to the corporation, annual gas production at this field is expected to exceed 4.5 billion cubic meters, reaching the maximum design value.

    The geological reserves of the Shenhai-1 field amount to more than 150 billion cubic meters. Gas production has been carried out here since June 2021, when the first stage of the project was commissioned.

    Natural gas produced at the field is transported to coastal terminals in the Hong Kong Special Administrative Region, Sanya City in Hainan Province and Zhuhai City in Guangdong Province, supplying key economic regions and integrating into the state gas pipeline network.

    Shenhai-1 is the country’s most complex deepwater gas field project. It is being developed under the highest temperatures and pressures ever encountered in inland shelf exploration. The maximum operating depth exceeds 1,500 m, and the deepest wells are 5,000 m.

    Project manager Liu Kang said the production infrastructure and technology system formed as part of the project will help carry out comprehensive deep-sea oil and gas exploration in the future, increasing the role of marine resources in ensuring the country’s energy supply. -0-

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: LCSD to hold Sport For All Day 2025 and invite public to join

    Source: Hong Kong Government special administrative region

    LCSD to hold Sport For All Day 2025 and invite public to join

    To promote “Sport for All”, the Leisure and Cultural Services Department (LCSD) will hold the Sport For All Day (SFAD) 2025 on August 3 (Sunday). The public is welcome to join. The LCSD promotes “Stay Active, Healthy and Happy!” encouraging people of different ages and abilities to participate in regular sports and physical activities. With Hong Kong cohosting the 15th National Games (NG), the 12th National Games for Persons with Disabilities (NGD) and the 9th National Special Olympic Games (NSOG) with the Guangdong Province and the Macao Special Administrative Region for the first time, SFAD 2025’s theme, “Coalescing together for the National Games”, echoes these national sports events together with members of the public. On August 3, the LCSD will open a number of leisure facilities for public use free of charge, including indoor badminton courts, volleyball courts, basketball courts, squash courts, table tennis tables, fitness rooms, activity rooms, dance rooms, etc; outdoor tennis courts, bowling greens, archery ranges, golf facilities, etc; and public swimming pools and water sports centres (craft hiring). On the same day (from 2pm to 6pm), a series of free recreation and sports programmes promoting the items of the 15th NG, the 12th NGD and the 9th NSOG (such as golf, fencing, rugby sevens and triathlon) will be conducted at designated sports centres across the 18 districts. Activities will cover fitness items, health talks, sports demonstrations and a fun day for families, children, 25/06/2025, 11:04 LCSD to hold Sport For All Day 2025 and invite public to join https://www.info.gov.hk/gia/general/202506/25/P2025062400251p.htm#:~:text=LCSD to hold Sport For All Day 2025 and invite public to join&text=To promot… 1/2 youngsters, the elderly and persons with disabilities. The arrangements for booking leisure facilities and distributing free activity coupons will be announced in midJuly. To further promote “Sport for All” in the community, the LCSD continues to collaborate with the Sports Federation & Olympic Committee of Hong Kong, China (SF&OC), and is joining hands with the China Hong Kong Paralympic Committee (HKPC) to launch various activities at the SFAD 2025 prime venue. Many organisations will also open up their facilities or roll out recreation and sports programmes on August 3 for the public free of charge. The latest SFAD 2025 information will be provided on the dedicated website (www.lcsd.gov.hk/en/sfad). SFAD 2025 is co-organised by the SF&OC, the HKPC, Department of Health, the Sports Medicine Team of the Chinese University of Hong Kong, the Sports Medicine and Health Science Alumni Association of the Chinese University of Hong Kong, and the Physical Fitness Association of Hong Kong, China. Ends/Wednesday, June 25, 2025 Issued at HKT 11:05 NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Special traffic and transport arrangements for Kai Tak Sports Park concerts on June 27 to 29

    Source: Hong Kong Government special administrative region

    Special traffic and transport arrangements for Kai Tak Sports Park concerts on June 27 to 29

    The Transport Department (TD) today (June 25) said that, to facilitate the holding of concerts at the Kai Tak Sports Park (KTSP) on the evenings of June 27 to 29, special traffic and transport arrangements will be implemented to provide convenience for spectators to travel to and from the KTSP. Concertgoers from the Mainland are urged to purchase tickets in advance, plan their journeys early and use the MTR or cross-boundary coach services. During the event period, as the traffic in the vicinity of the KTSP is expected to be heavy, concertgoers should opt for public transport, avoid driving or taking private cars (including cross-boundary private cars). The TD has co-ordinated with local and cross-boundary public transport operators to strengthen their services during dispersal. The MTR will enhance the interval between trains of the Tuen Ma Line (TML). Franchised bus companies will provide a total of 11 special bus routes at the Sung Wong Toi Road Pick-up/Drop-off Area (PUDOA) to Lok Ma Chau (San Tin) Public Transport Interchange (PTI), the Hong Kong-Zhuhai-Macao Bridge (HZMB) Hong Kong Port and Airport, and major districts across the territory. In addition, the KTSP will arrange cross-boundary coach services during dispersal to facilitate travellers’ return to the Mainland via the Lok Ma Chau/Huanggang (LMC/HG) Port, the HZMB and the Shenzhen Bay Port. Passengers should purchase tickets in advance. On-site ticket 25/06/2025, 11:06 Special traffic and transport arrangements for Kai Tak Sports Park concerts on June 27 to 29 https://www.info.gov.hk/gia/general/202506/25/P2025062400590p.htm 1/3 sales will not be available during dispersal. They should refer to the operators’ website (Eternal East Bus: www.myeebus.com/eebusfans; CTG Bus: m.hkctgbus.com/#/layout/home) for the latest ticket information. For taxi services, the Kai Tak Stadium Taxi PUDOA will be open for taxi pick-up and drop-off. The Sung Wong Toi Road PUDOA will be open for taxi drop-off only during admission (4pm to 7pm) and suspended from taxi pick-up/drop-off during dispersal. The expected waiting time will be longer amid an outflux of spectators and passengers’ patience is appreciated. Concertgoers who plan to return to the Mainland on the same day after the concert should pay special attention that, if they use the Lo Wu Control Point, they should catch the last relevant MTR TML train departing from Sung Wong Toi Station at 10.59pm and Kai Tak Station at 11.01pm, followed by interchanging at Tai Wai Station on the East Rail Line (ERL) to Lo Wu Station. Travellers should plan their journeys ahead and arrive at the station platform in advance. Travellers who opt for LMC/HG Port (operating 24 hours daily) may also take the ERL to Sheung Shui Station and then KMB route No. 276B or N73, or take the special bus route No. SP12 directly at the Sung Wong Toi Road PUDOA to the Lok Ma Chau (San Tin) PTI, and transfer to the LMC-HG crossboundary shuttle bus (Yellow Bus) for their journey to the Mainland. A spokesman for the TD said that, as a large number of travellers may use the LMC/HG Port after the concert, and concerts will also be held at AsiaWorld-Expo on the evening of June 28, the Port is expected to be very busy. Travellers’ patience is appreciated. To ensure the smooth operation 25/06/2025, 11:06 Special traffic and transport arrangements for Kai Tak Sports Park concerts on June 27 to 29 https://www.info.gov.hk/gia/general/202506/25/P2025062400590p.htm 2/3 of public transport services, dedicated public transport lanes will be arranged at the LMC/HG Port after midnight during the event period when necessary for the smooth operation of the Yellow Bus and crossboundary coach services as well as effective dispersal of a large number of crossboundary travellers. Other cross-boundary private cars and their passengers are expected to have a longer clearance time. The TD has steered operators to reserve standby vehicles and manpower to meet passengers’ demand. Spectators are advised to heed the real-time information via the on-site broadcast and the “Easy Leave” platform (easyleave.police.gov.hk) as well as the latest traffic news through the TD’s website (www.td.gov.hk), the “HKeMobility” mobile application and radio and television broadcasts. Ends/Wednesday, June 25, 2025 Issued at HKT 10:00 NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ7: Safety of building works

    Source: Hong Kong Government special administrative region

    LCQ7: Safety of building works 
    Question:
     
    The Buildings Ordinance (Cap. 123) regulates building contractors registered under the Ordinance (registered contractors) to ensure the safety of building works. In this connection, will the Government inform this Council:
     
    (1) given that under section 13(1) of Cap. 123, the Buildings Department (BD) can refer convicted cases involving building works by registered contractors to the Registered Contractors’ Disciplinary Board (Disciplinary Board) for its consideration of taking disciplinary actions against the contractors, of the number of convicted cases, which involved injuries and deaths at the sites of the building works, referred by the BD to the Disciplinary Board for follow-‍up in each of the past 10 years and this year to date; among such referral cases, of the following information on each of those cases where disciplinary proceedings were completed: (i) the date of incident, (ii) the nature of incident, (iii) the number of injuries and/or deaths involved, (iv) the name of the contractor involved, (v) the type of registration of the contractor involved, (vi) the date on which the court handed down its judgment, (vii) the penalties imposed by the court, (viii) the date on which the BD commenced examination of the case, (ix) the date on which the BD referred the case to the Disciplinary Board, (x) the date on which the Disciplinary Board commenced a hearing of disciplinary proceedings, (xi) the date on which the Disciplinary Board made its determination, and (xii) the penalties imposed by the Disciplinary Board (if applicable);
     
    (2) given that the Government has established a referral mechanism for the Hong Kong Housing Authority and the Development Bureau to refer cases of registered contractors with poor performance in public sector projects to the BD for disciplinary actions, of the number of referral cases received by the BD in each of the past 10 years and this year to date, and among such cases, the number of those involving poor performance in construction safety;
     
    (3) in respect of the referral cases involving poor performance in construction safety mentioned in (2), of the criteria based on which the BD considers whether or not to take disciplinary actions against the contractors involved, and whether any indicator is set on the time required for handling such cases; the number of cases in which disciplinary actions were required upon the BD’s consideration in each of the past 10 years and this year to date, as well as the longest, shortest and average time taken from the BD’s receipt of such case referrals to its official commencement of disciplinary proceedings;
     
    (4) given that the BD can institute criminal prosecutions against registered contractors for offences relating to building works under Cap. 123, of the number of cases in which the BD instituted prosecutions against registered contractors involving injuries and deaths at the sites of the building works in each of the past 10 years and this year to date; among such prosecution cases, the following information on each of the convicted cases: (i) the date of the incident, (ii) the nature of the incident, (iii) the number of injuries and/or deaths involved, (iv) the name of the contractor involved, (v) the type of registration of the contractor involved, (vi) the date on which the BD commenced its investigation, (vii) the date on which the BD instituted prosecution, (viii) ‍the date on which the court handed down its judgment, (ix) the penalties imposed by the court, (x) whether the authorities have lodged appeals against the penalties imposed, and (xi) the penalties imposed by the court following the appeal (if applicable);
     
    (5) given that in the reply to a question raised by a Member of this Council on November 15, 2023, the Government indicated that the authorities would review Cap. 123 to study the feasibility of undertaking prosecution and disciplinary actions in parallel against registered contractors involving in building works safety incidents, of the progress and outcome of the relevant study;
     
    (6) as there are views that the practice of submitting supplementary information repeatedly by some contractors when applying for renewal of registration is suspected to be delaying the vetting and approval process, which may enable contractors with poor performance in construction safety to continue to carry out works during the vetting and approval process and hence pose risks to the occupational safety and health of frontline workers, whether the Government will consider reviewing and enhancing the relevant application procedures for renewal of registration, so as to enhance the processing efficiency; and
     
    (7) given that the authorities indicated in the paper submitted to this Council in December last year that they would amend Cap. 123 to enhance building safety by, among others, enhancing the registration and disciplinary systems for registered contractors, etc, with the target of introducing the relevant bill into this Council in the first half of next year, whether the authorities will explore expediting the relevant legislative amendment work?
     
    Reply:
     
    President,
     
    The Government attaches great importance to the safety and quality of building works. In so far as private development projects are concerned, the Buildings Department (BD), by virtue of the Buildings Ordinance (BO) (Cap. 123), requires the registered building professionals (RBPs) (including Authorized Persons (APs), registered structural engineers (RSEs), registered geotechnical engineers (RGEs), etc) and the registered contractors (RCs) responsible for building works to properly supervise the building works in accordance with the respective supervision plans prepared by them and submitted to the BD under the Code of Practice for Site Supervision 2009, so as to ensure that the works comply with the BO. In addition to complying with the BO itself and its subsidiary regulations, the building works should also comply with the approved plans of the works concerned, as well as any conditions imposed or orders made by the BD under the BO. When the RBP and RC apply for the Occupation Permit (OP), they should certify that the new building has been completed in accordance with the provisions of the BO and its regulations and the plans approved, and ensure that the building is in compliance with regulations and structurally safe.
     
    The BD adopts a three-pronged approach in regulating RCs who are found to have irregularities or misconduct, including: (i) instigating prosecutions against the RCs concerned; (ii) conducting disciplinary proceedings; and (iii) re-assessment of the ability and competence of the RCs concerned during renewal applications to determine whether to accept the relevant renewal applications.
     
    The replies to the various parts of the question are as follows:
     
    (1) If any RBPs or RCs have been negligent or have misconducted themselves in their professions or in any building works, the case will be referred to the relevant disciplinary board for conducting disciplinary proceedings. In the past 10 years up to May this year, there were five completed disciplinary cases involving injuries and fatalities out of a total of 33 cases referred by the BD to the Registered Contractors’ Disciplinary Board for disciplinary action in respect of the RCs prosecuted and convicted in building works. Details of the cases are set out in Annex I.
     
    (2) and (3) The Works Branch of the Development Bureau (DEVB), the BD and the Housing Department (HD) established a referral mechanism in 2002 with an aim to target very serious breaches of contract or offences by RCs registered under the BO in the course of carrying out Government public works or public housing projects. While the RCs have been penalised under the contract or prosecuted and convicted under the law, the Works Branch of the DEVB or the HD still considers it necessary to refer the cases to the BD for the disciplinary board’s consideration of further disciplinary action after inquiries. This shows that the referral mechanism targets very serious cases, where the RCs concerned have to be referred to the BD’s disciplinary board for follow-up action having regard to the fact that the punitive actions taken under the contract or the law have not been sufficient to penalise the RCs concerned. Very serious breaches of contract or offences include blatant or repeated disregard of the contractor’s duties where the consequence of the breach is very serious so as to warrant the imposition of different levels of sanctions, or the RCs are considered after investigation to have obviously permitted or connived at the breach. The threshold for referral is very high. As for ordinary breaches of contract or offences by contractors, such as poor performance and misconduct, the Works Branch of the DEVB and the HD would handle in accordance with the contract, legislation and other established regulatory mechanisms. In the past 10 years, there was no case meeting the threshold for referral to the BD under public works or public housing projects.
     
    (4) According to section 40(2B) of the BO, if the BD, after investigation, finds that building works have been carried out in such a manner as to cause or likely to cause injury to any person or damage to any property, the BD may institute prosecution against the persons directly concerned with the works (including RCs, RSEs, RGEs, APs, etc). In the past 10 years and up to May this year, there were six convicted cases involving injuries and fatalities upon completion of prosecution out of a total of 139 cases instituted by the BD under section 40(2B) of the BO in relation to building works. Details of the cases are set out in Annex II.
     
    (5) and (7) The Government has completed the systematic review of the BO. Proposals were put forth to amend the BO in December 2024 and a two-month public consultation was conducted. The proposals to enhance the registration and disciplinary systems are set out below:
     
    (i) regarding the processing of renewal applications by RCs, we propose to extend the renewal period from the current three years to a maximum of five years in response to the industry’s aspiration for a longer operation period to encourage long-term investment and healthy development of the industry. On the other hand, we propose to empower the Building Authority (BA) to approve a shorter renewal period than the current three years in order to strengthen monitoring of certain contractors. We also propose that the BA can be empowered to impose conditions (e.g. requiring a more stringent site supervision regime) upon registration renewal having regard to the contractor’s individual circumstances to enhance the existing registration system;
     
    (ii) on the handling of disciplinary cases, we propose to increase the number of members of the relevant disciplinary board panel to expedite the formation of disciplinary board and inquiry. We also propose to increase the maximum fine for disciplinary sanction from $250,000 to $400,000, and to allow the disciplinary board to impose more than one sanction for each charge (in addition to a fine, consideration may also be given to ordering a reprimand and/or removing the contractor from the register at the same time) so as to enhance the deterrent effect; and
     
    (iii) during the systematic review of the BO, the BD has examined the feasibility of undertaking prosecution and disciplinary actions in parallel. After due consideration and consulting legal advice, it is considered that this may affect criminal investigation or prosecution, including the possibility of obstructing relevant persons from assisting in criminal investigation. Therefore, it is considered not appropriate to undertake prosecution and disciplinary actions in parallel. Notwithstanding this, the BD has taken steps to shorten the procedure of referral, with an aim to refer the case to the Department of Justice within four months after case conviction details are received, so that the disciplinary proceedings can commence as soon as possible.
     
    The public consultation was completed in February 2025. The Government is now reviewing the specific proposals taking into account views received, as well as working on the drafting of the amendments to the BO. The drafting involves careful review of and amendments to the BO and its subsidiary legislation, and it is necessary to take time to clarify certain legal issues. We will complete the drafting work as early as practicable, targeting to introduce the amendment bill into the Legislative Council in the first half of 2026.
     
    (6) The BD conducts review of the contractors’ registration system from time to time, with a view to enhancing and streamlining the relevant procedures. After consulting the industry, the BD has implemented a series of streamlining measures for processing registration and renewal applications since April this year, including requiring contractors to submit the necessary supplementary information within 28 days after the BD’s issuance of a letter requesting for supplementary information. Otherwise, their applications would be rejected. This measure intends to prevent unnecessary delay and enhance the efficiency of the BD’s processing of registration applications.
    Issued at HKT 17:45

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: SFST looks for more co-operation opportunities with AIIB member states at its 10th Annual Meeting of Board of Governors in Beijing (with photos)

    Source: Hong Kong Government special administrative region

    SFST looks for more co-operation opportunities with AIIB member states at its 10th Annual Meeting of Board of Governors in Beijing  
         Speaking at the side event on “Implementing the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) from the Ground Up: The AIIB Journey”, Mr Hui noted that while the AIIB is one of the first multilateral development banks to adopt the ISSB Standards, Hong Kong was also confirmed by the International Financial Reporting Standards Foundation earlier this month as among the initial set of jurisdictions having set a target of fully adopting the ISSB Standards.
     
         He said, “By aligning with a global standard, we ensure international comparability of our data. This not only boosts investor confidence but also creates a strong foundation for new opportunities. The Hong Kong Special Administrative Region Government will continue to work in collaboration with financial regulators and stakeholders to support the pragmatic implementation of the ISSB Standards through enhancing capacity building and promoting the use of technological solutions.”
     
         This afternoon, Mr Hui also spoke on “Fostering Development and Infrastructure Connectivity” at the Governors’ Business Roundtable. He shared with delegations from other member states Hong Kong’s efforts in fostering development in sustainable finance as well as developing diverse and innovative financial products. The latter includes the roll-out of the Infrastructure Bond Programme and the issuance of infrastructure loan-backed securities by the Hong Kong Mortgage Corporation Limited (HKMC) with the AIIB as an anchor investor. He told the delegations that a third issuance by the HKMC can be expected this year.
     
         At the AIIB President’s Reception and the Special Session of the Board of Governors’ meeting held yesterday (June 24), Mr Hui met with the President of the AIIB, Mr Jin Liqun, and the President-elect of the AIIB, Ms Zou Jiayi. He also met financial officials of other member states to update them on Hong Kong’s latest developments in green and sustainable finance, and the recent vibrant financial market situation.
     
         In addition, Mr Hui held bilateral meetings separately with delegations from Egypt, Germany and Poland on the sidelines of the Annual Meeting to explore opportunities for further co-operation.
     
         During his stay in Beijing, Mr Hui met with the President of the Industrial and Commercial Bank of China, Mr Liu Jun, and the Chief Financial Officer of the China Construction Bank, Mr Sheng Liurong. He will return to Hong Kong tonight.
    Issued at HKT 17:41

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: HKMC Annual Report 2024

    Source: Hong Kong Government special administrative region

    HKMC Annual Report 2024

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

    The Hong Kong Mortgage Corporation Limited (HKMC) today (June 25) published its Annual Report for 2024. The Report mainly reviews the business performance, financial position, as well as the environmental, social and governance initiatives of the HKMC in 2024.

    The Report is now available on the HKMC website (www.hkmc.com.hk).

    Ends/Wednesday, June 25, 2025
    Issued at HKT 16:00

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ2: Capacity Building Mileage Programme

    Source: Hong Kong Government special administrative region

    Following is a question by Professor the Hon Chow Man-kong and a reply by the Secretary for Home and Youth Affairs, Miss Alice Mak, in the Legislative Council today (June 25):

    Question:

    There are views that the Government should optimise the Capacity Building Mileage Programme (CBMP) to enhance women’s personal development skills and competitiveness. In this connection, will the Government inform this Council:

    (1) of the numbers of persons enrolling in CBMP courses and the amounts of bursary approved in each of the past three years, together with a breakdown by the five learning domains (i.e. Personal Development, Health and Care, Applied Science and Technology, Wisdom of Life, and Arts and Culture);

    (2) as it was stated at the meeting of the Panel on Home Affairs, Culture and Sports of this Council on May 28 last year that the Women’s Commission would explore and study how to keep CBMP abreast of the times and benefit more women, of the concrete progress and proposed direction of the relevant work at present; and

    (3) whether it will consider exploring with the organisers of CBMP courses to refine the curriculum by incorporating more knowledge in areas such as e-commerce, community services, and public relations, and consolidating related courses for inclusion into the Qualifications Register, as well as providing more flexible funding arrangements, with a view to elevating women’s workplace skills and overall competitiveness; if so, of the details; if not, the reasons for that?

    Reply:

    President,

    The Capacity Building Mileage Programme (CBMP) was launched by the Women’s Commission (WoC) in 2004 with the aim of encouraging women of different backgrounds and education levels to pursue self-development and lifelong learning by offering courses under different domains.

    My consolidated reply, in consultation with the Education Bureau, to the question raised by Professor the Hon Chow Man-kong is as follows:

    (1) In the past three programme years (i.e. 2021/22, 2022/23 and 2023/24), the number of participants of the CBMP were approximately 4 000, 5 000, and 6 000 respectively. The amounts of bursary approved in each of the three programme years were approximately $120,000, $140,000 and $260,000 respectively. Detailed figures are at Annex.

    Regarding the five learning domains, since participants could enrol in more than one course within the same programme year, we are unable to provide the number of participants and the approved bursary amounts for each learning domain. In this regard, the breakdown of enrolment by the five learning domains of CBMP (i.e., Personal Development, Health and Care, Applied Science and Technology, Wisdom of Life and Arts and Culture) over the past 3 programme years are at Annex.

    (2) & (3) The Government attaches great importance to women’s contribution to the community and the work of supporting women. Through various initiatives, we aim to empower women and help them to excel in different arenas, including the workplace.

    At its inception, the CBMP was designed, in respond to the societal learning and employment landscape at that time, to enable women to enhance their personal capabilities by enroling in various types of courses during their spare time. The CBMP has been implemented for over 20 years and several developments have emerged across society, economy, workplace, education, technology, etc, such as artificial intelligence and mobile payments. As such, the Home and Youth Affairs Bureau (HYAB) and the WoC launched the Women Empowerment Fund (WEF) in June 2023. With an annual funding of $20 million, WEF subsidises women’s groups and non-governmental organisations for implementing projects that promote women’s development. To date, the WEF approved over 280 projects, involving over $43 million in funding and engaging more than 170 organisations. Apart from courses, projects funded under WEF also include workshops, placement opportunities and community serving projects. This allows the funded organisations to flexibly utilise the funding and implement suitable activities based on social needs for women from different backgrounds and social strata. Since its establishment, the WEF has also supported projects related to workplace skills, e-commerce and communication skills. These include, for example, training programmes on job seeking skills for women looking for employment, courses on digital marketing and personal image enhancement. The WEF also runs the Programme on Women’s Participation in Community Services, which encourages women to plan and implement community service projects based on actual societal needs, such as preparing soft meals for the elderly, visiting residential care homes for persons with disabilities, and organising day camps for children with special educational needs, thereby promoting community care and inclusion.

    On the other hand, to promote women’s workplace development, we also launched the “She Inspires” Mentorship Programme this year. Under the programme, local female university students who aspire to pursue a career in the professional or business sectors will be matched with women leader mentors, and provided with relevant training and activities to help young women enhance their workplace skills and prepare them for entering the workforce, thereby improving women’s overall competitiveness in the long term.

    To better utilise government resources in promoting women’s development and training, the HYAB and the WoC are reviewing the future direction of the CBMP and related arrangements. This is to ensure the effective use of the Government’s financial resources and keep up with the times in promoting women’s development in all aspects. During the review, our principle is to maintain the usage of the existing resources while enhancing the synergy between various projects and societal sectors. We will announce the review results in due course.

    Qualifications Framework (QF) is a clear and well-defined seven-level hierarchy that serves to define clear and objective standards applicable to qualifications in the academic, vocational and professional as well as continuing education sectors; assure the quality of qualifications and the associated learning programmes available to learners; and assure relevancy of learning to industry needs. The Qualifications Register (QR) under the QF is a free-of-charge, open, centralised online database of quality assured qualifications recognised under the QF to facilitate the public search of the relevant qualifications. The Government welcomes course providers to register their accredited courses or qualifications on the QR in accordance with the Accreditation of Academic and Vocational Qualifications Ordinance (Cap. 592) and related quality assurance mechanism. Currently, there are 17 courses under the CBMP listed at Level 2 of the QF.

    The HYAB will continue to review various measures aimed at women’s development and, through collaboration with different stakeholders, flexibly utilise resources to continue promoting women’s development in all aspects.

    Ends/Wednesday, June 25, 2025
    Issued at HKT 15:00

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Geographical constituency boundaries for 2025 Legislative Council General Election

    Source: Hong Kong Government special administrative region

    Geographical constituency boundaries for 2025 Legislative Council General Election

    The Chief Executive in Council has accepted all the recommendations of the Electoral Affairs Commission (EAC) regarding the boundaries and the names of geographical constituencies (GCs) for the eighth-term Legislative Council (LegCo) general election in 2025.

    A Government spokesman said today (June 25) that the decision of the Chief Executive in Council would be effected by way of the Declaration of Geographical Constituencies (Legislative Council) Order 2025, which will be published in the Gazette on Friday (June 27) and tabled at the LegCo on July 2 for negative vetting.

    The report of the EAC, submitted to the Chief Executive on June 13, was tabled at the LegCo today as required by law.

    The EAC recommended, with the exception to include the Loop in the only contiguous New Territories North (LC7) GC, to maintain the boundaries of the nine remaining GCs, and to retain the existing names and codes of the 10 GCs. The 10 GCs are Hong Kong Island East (LC1), Hong Kong Island West (LC2), Kowloon East (LC3), Kowloon West (LC4), Kowloon Central (LC5), New Territories South East (LC6), New Territories North (LC7), New Territories North West (LC8), New Territories South West (LC9), and New Territories North East (LC10).

    The EAC conducted a public consultation on its provisional recommendations on the GC boundaries from May 2 to 31 this year.

    “Before making its final recommendations, the EAC has given careful consideration to all the representations received. The EAC also examined the content of the representations having regard to the relevant statutory requirements and working principles,” the spokesman said.

    The EAC report is available for public viewing at the Home Affairs Enquiry Centres of all District Offices, the Registration and Electoral Office, and major and district public libraries during ordinary business hours starting from today. The content of the report can also be viewed on the EAC’s website (www.eac.hk).

    Ends/Wednesday, June 25, 2025
    Issued at HKT 14:30

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ17: Tackling very hot weather

    Source: Hong Kong Government special administrative region

    Following is a question by the Hon Lee Chun-keung and a written reply by the Secretary for Environment and Ecology, Mr Tse Chin-wan, in the Legislative Council today (June 25): Question: It has been reported that the Hong Kong Observatory (HKO) recorded a high temperature of 35.6 degrees Celsius early this month, and according to HKO data, the average annual total number of very hot days observed since 2021 has exceeded 50, the highest figure since records began. Moreover, a study has predicted that extreme heat will occur more frequently in Hong Kong. In this connection, will the Government inform this Council: (1) of the number of days on which various temporary night heat shelters (heat shelters) under the Home Affairs Department were open and the average number of occupants per night in the past year; whether the authorities have plans to open more heat shelters to meet public demand for sheltering from heat under very hot weather conditions; if so, of the details; if not, the reasons for that; (2) as there are calls in the community urging the authorities to introduce additional heat relief measures for those living in various forms of inadequate housing, including subdivided units, cage homes and rooftop structures, whether the authorities have considered providing airconditioning subsidies and free cooling facilities (e.g. mist fans) to such households; if so, of the details; if not, 25/06/2025, 11:02 LCQ17: Tackling very hot weather https://www.info.gov.hk/gia/general/202506/25/P2025062500358p.htm 1/4 the reasons for that; (3) whether it will study the use of brand new cooling technologies and renewable energy, drawing on foreign cities’ research experience and practices in cooling, so as to tackle the problem of very hot urban weather; if so, of the details; if not, the reasons for that; and (4) given that in the reply to a question from a Member of this Council on June 6, 2018, the Government indicated that it would introduce green design in government buildings, of the details of the introduction of green design in government buildings in the past three years (including whether it has used building materials that enable green cooling and how such designs have mitigated the urban heat island effect)? Reply: President, In consultation with the Development Bureau and the Home Affairs Department, the reply to the question raised by the Hon Lee Chun-keung is as follows: (1) From June to October 2024, the 19 temporary heat shelters under the Home Affairs Department were opened for 70 days, of which overnight service was provided on 66 nights. The average number of registered users per night across all shelters was 9. Based on the current usage, the existing arrangement of temporary heat shelters is sufficient to meet the demand. The Home Affairs Department will continue to monitor the service provision. (2) According to the Scheme of Control Agreements, CLP Power Hong Kong Limited (CLP) and the Hongkong Electric Company 25/06/2025, 11:02 LCQ17: Tackling very hot weather https://www.info.gov.hk/gia/general/202506/25/P2025062500358p.htm 2/4 Limited (HEC) (collectively referred to as the power companies) have offered discounts in the electricity bills to low consumption customers and customers in need under their energy saving rebate and concession tariff schemes to encourage energy saving and reduce the tariff expense of the relevant customers. In addition, the two companies have, through programmes under the respective Community Energy Saving Fund and Smart Power Care Fund, been assisting the disadvantaged, including the provision of cash subsidies to eligible grassroots families and household of sub-divided units. For instance, CLP allocated $50 million in 2025 to provide subsidies for the electricity bills of 70 000 grassroots families, while HEC allocated $1.2 million to provide subsidies for 1 200 household of sub-divided units over the same period. CLP also launched the Inverter Air Conditioner Replacement Subsidy Scheme, which involve the allocation of $5 million subsidies for elderly persons, low-income families and persons with disabilities to replace their window-type air conditioners with inverter air conditioner with Grade 1 energy label. It is estimated that around 1 200 families will benefit from the scheme. The Government will continue to encourage the power companies to provide assistance for customers in need having regard to the companies’ operating situations. (3) To promote the application of new cooling technology the Government collaborated with local universities for the trial application of Passive Radiative Cooling Paint (PRCP) to reduce solar heat gain and control temperature increase. PRCP uses nanomaterial technology to reflect incoming solar radiation and emit thermal radiation simultaneously, achieving effective cooling even under direct sunlight. The Government leads by example and 25/06/2025, 11:02 LCQ17: Tackling very hot weather https://www.info.gov.hk/gia/general/202506/25/P2025062500358p.htm 3/4 encourages the private sector to jointly participate in promoting renewable energy. Some of the renewable energy systems could supply electricity required to buildings and, at the same time, provide a shading layer on the rooftop to help reduce the amount of heat absorbed by and released from the rooftop and hence the energy consumption of buildings. The Electrical and Mechanical Services Department is implementing the Pilot Scheme on Building-Integrated Photovoltaics (BIPV) (the Pilot Scheme) at its headquarters. The objective is to assess the effectiveness and feasibility of BIPV from various aspects based on relevant data collected under the Pilot Scheme, such as the actual power generation efficiency and reduction in indoor energy consumption, etc. (4) The Government has been leading by example and has implemented a target-based green performance framework for the new and existing government buildings since 2009. We aim to attain a “Gold” rating or above under “BEAM Plus” for new government buildings with a construction floor area of more than 5 000 square metres in order to enhance the environmental objectives and requirements. Over 600 government buildings have already attained BEAM Plus Gold or above rating to date. The Government has also commenced the application of green cooling building materials, for example, the above-mentioned PRCP has been applied to the roof of Hong Kong Coliseum to lower the surface temperature of the roof. The Government will continue to explore new green building materials and innovations to combat extreme heat. Ends/Wednesday, June 25, 2025 Issued at HKT 14:15 NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: EU Fact Sheets – Central Asia – 24-06-2025

    Source: European Parliament

    Central Asia links the huge Asian continent with Europe. The EU recognises its strategic importance in trade and energy routes, as well as in resources such as gas, oil and minerals (particularly gold, uranium and all types of rare earths). In 2019, the EU updated its Central Asia strategy to focus on resilience (covering areas such as human rights, border security and the environment), prosperity (with a strong emphasis on connectivity) and regional cooperation. The first-ever EU-Central Asia Summit, which took place in April 2025, represented a milestone and was an opportunity to upgrade relations to a strategic partnership, deepen trade and focus on energy economic cooperation, investment, high-quality connectivity, digitalisation, sustainable development and security cooperation (including hybrid threats). A EUR 12 billion investment package is planned through the Global Gateway, aimed at improving trade routes. It is a key opportunity for the EU to demonstrate its geopolitical interest in intensifying bilateral engagement and enhancing regional cooperation with Central Asia, to reduce its dependence on China and Russia in the context of global geopolitical changes. The summit also focused on climate action, human rights and strategic resources (including critical raw materials). In the light of the situation in Afghanistan, Central Asia has become crucial for security and stability. The January 2022 riots in Kazakhstan, which ended after the Collective Security Treaty Organization sent Russian-led troops, and the border clashes between Central Asian countries show the risk of instability in a region under Moscow’s influence. This influence in Central Asia is, however, weakening as a result of the Russian invasion of Ukraine and the concentration of troops at the front. This shift has created opportunities for Central Asian countries to emerge as more independent regional actors and has opened new avenues for partnership and cooperation with the EU in areas such as energy, raw materials and connectivity. However, Russia remains a key security provider in the region, with military facilities in three of the five Central Asian countries, and it controls two thirds of arms’ imports and supports the region’s governments. For trade and investment, the Chinese influence is growing with its Belt and Road Initiative. In response to the initiative, the EU has increased its engagement and investment in the region with the EU Global Gateway. Taking into account individual Member States’ assistance, the EU has become the largest donor in Central Asia, allocating over EUR 550 million to the Central Asia regional multiannual indicative programme for 2021-2027. The EU and Central Asia have taken important steps through the EU Global Gateway to develop the Trans-Caspian Transport Corridor, aimed at creating a multimodal, modern and competitive route linking Europe and Central Asia. Parliament continues to highlight the importance of resp[…]

    MIL OSI Europe News

  • MIL-OSI: Santech Holdings Announces Unaudited Financial Results for the First Half of Fiscal Year 2025

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, June 25, 2025 (GLOBE NEWSWIRE) — Santech Holdings Ltd. (“Santech” or the “Company”) (NASDAQ: STEC) today announced its unaudited financial results for the first half of fiscal year 2025 ended December 31, 2024.

    Santech is a Cayman Islands holding company operating through its subsidiaries in Hong Kong and United States, primarily focusing on exploring opportunities in consumer technology, consumer healthcare and enterprise technology.

    First Half of Fiscal Year 2025 Highlights

    Continuing Operations

    Net revenues

    Total revenues from continuing operations in the six months ended December 31, 2024 decreased to nil from US$17.4 million in the same period of 2023, primarily due to Company having completely exited from overseas wealth management and asset management businesses during the reporting period. All remaining revenues from our prior overseas wealth management and asset management businesses during the reporting period have been reclassified under discontinued operations.

    Operating Costs and Expenses

    Cost of compensation and benefits from continuing operations in the six months ended December 31, 2024 decreased to nil from US$13.2 million in the same period of 2023.

    Sales and marketing expenses from continuing operations decreased to nil from US$1.5 million in the same period of 2023.

    All direct costs of revenue from overseas wealth management and asset management during the reporting period have been reclassified under discontinued operations.

    General and administrative expenses from continuing operations in the six months ended December 31, 2024 decreased by 4.3% to US$2.4 million from US$2.5 million in the same period of 2023, primarily due to ongoing cost cutting and restructuring.

    Other expenses, net from continuing operations in the six months ended December 31, 2024 were US$0.2 million, primarily due to the losses on early termination of operating lease.

    Discontinued Operations

    Results of discontinued operations are as follows:

               
      Six Months Ended December 31, 2023
      Two Months Ended August 31, 2024
      (US$’000)   (US$’000)
           
    Discontinued operations      
           
    Net revenues      
    Wealth management 2,442     11  
    Asset management 1,788     1,170  
    Total net revenues 4,230     1,181  
           
    Operating cost and expenses      
    Compensation and benefits 1,358     602  
    Sales and marketing expenses 315      
    General and administrative expenses 656     266  
    Asset impairment loss 2,158      
    Total operating cost and expenses 4,487     868  
           
    (Loss)/income from operations (257 )   313  
           
    Other expense, net (4 )   (1 )
           
    Income/(loss) before income tax expense (261 )   312  
    Income tax (expense)/credit (145 )   (29 )
    Net income/(loss) from discontinued operations (406 )   283  
           
    Gain on disposal of subsidiaries from discontinued operations, net     138  
           
    (Loss)/income for the year from discontinued operations, net of income taxes (406 )   421  
           

    In August 2024, the Company completely exited from its historical businesses in overseas wealth management and asset management and disposed of certain subsidiaries in Hong Kong, namely, Haiyin Insurance (Hong Kong) Co., Limited and Hywin International Insurance Broker Limited for nil consideration, and Haiyin International Asset Management Limited and Hywin Asset Management (Hong Kong) Limited for US$0.6 million to a third party. The disposal was completed on August 31, 2024. After the disposals, the Company no longer holds any financial services licenses or houses any personnel licensed to provide financial services in Hong Kong.

    Net revenues

    Total revenues from discontinued operations in the two months ended August 31, 2024 decreased by 72.1% to US$1.2 million from US$4.2 million in the six months ended December 31, 2023, primarily due to cessation of operations in wealth management and asset management.

    Operating Costs and Expenses

    Cost of compensation and benefits from discontinued operations in the two months ended August 31, 2024 decreased by 55.7% to US$0.6 million from US$1.4 million, in line with the decreases in transaction value of wealth management and asset management businesses.

    Sales and marketing expenses decreased to nil from US$0.3 million in the six months ended December 31, 2023, due to discontinuation of sales and marketing activities.

    General and administrative expenses from discontinued operations in the two months ended August 31, 2024 decreased by 59.5% to US$0.3 million from US$0.7 million in the six months ended December 31, 2023.

    Asset impairment loss from discontinued operations in the six months ended December 31, 2023 represented impairment losses due to impairment of assets held in the PRC, and impairment of intangible assets including software and licenses due to disruption to our brand and our licensed financial services operations in Hong Kong.

    Loss from disposal of subsidiaries under discontinued operations

      Wealth management business   Asset management business   Total
      (US$’000)   (US$’000)   (US$’000)
               
    Considerations received     641     641  
    Less: Net assets disposed of (134 )   (369 )   (503 )
               
    (Loss)/gain from disposal of subsidiaries (134 )   272     138  
     
     

    About Santech Holdings Limited
    Santech Holdings Limited (NASDAQ: STEC) is a technology-focused company. The Company historically served a large number of high net-worth clients in China and Hong Kong in wealth management, asset management and health management, and accumulated a large customer base. The Company has since exited or disposed of its historical businesses in financial services, and is actively exploring innovative new opportunities in technology verticals, including and not limited to consumer technologies and enterprise technologies. For more information, please visit https://ir.santechholdings.com.

    Safe Harbor Statement
    This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “anticipate,” “estimate,” “forecast,” “plan,” “project,” “potential,” “continue,” “ongoing,” “expect,” “aim,” “believe,” “intend,” “may,” “should,” “will,” “is/are likely to,” “could” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    Investor Contact:
    Santech Holdings Limited
    Email: ir@santechholdings.com

    SANTECH HOLDINGS LTD.
    CONSOLIDATED BALANCE SHEETS
    (In thousands, except for number of shares and per share data)
     
      June 30,
    2024
      December 31,
    2024
      (US$’000)   (US$’000)
    Assets      
    Current assets:      
    Cash and cash equivalents 15,184     11,233  
    Deposits, prepayments and other current assets 320     72  
    Total current assets 15,504     11,305  
           
    Property and equipment, net 3     4  
    Right-of-use asset 1,235      
    Total non-current assets 1,238     4  
           
    Total Assets 16,742     11,309  
           
    Liabilities and Shareholders’ equity      
    Current liabilities:      
    Commission payable 859      
    Income tax payable 91      
    Due to related parties 11,488     11,062  
    Other payables and accrued liabilities 433     7  
    Lease liability 1,059      
    Total current liabilities 13,930     11,069  
           
    Lease liability 250      
    Total non-current liabilities 250      
           
    Total Liabilities 14,180     11,069  
           
    Shareholders’ Equity:      
    Ordinary shares (US$0.0001 par value; authorized 500,000,000 shares; issued and outstanding 56,000,000* shares (28,000,000 ADS) as of June 30, 2024, and December 31, 2024, respectively) 6     6  
    Additional paid-in capital 33,256     33,256  
    Accumulated deficit (30,700 )   (33,022 )
    Total shareholders’ equity 2,562     240  
           
    Total Liabilities and shareholders’ equity 16,742     11,309  
     
    SANTECH HOLDINGS LTD.
    CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
    (In thousands, except for share and per share data, or otherwise stated)
             
    Six Months Ended December 31,  
    2023   2024
      (US$’000)   (US$’000)
           
    Continuing operations      
           
    Net revenues      
    Insurance referral 17,351      
    Total net revenues 17,351      
           
    Operating cost and expenses      
    Compensation and benefits 13,210      
    Share-based compensation expense 102      
    Sales and marketing expenses 1,512      
    General and administrative expenses 2,469     2,364  
    Total operating cost and expenses 17,293     2,364  
           
    Income/(loss) from operations 58     (2,364 )
    Other income/(expenses)      
    Interest expense, net (63 )   (17 )
    Other income/(expense), net 72     (245 )
    Total other income/(expense), net 9     (262 )
           
    Income/(loss) before income tax expense 67     (2,626 )
    Income tax (expense)/credit     (117 )
    Net income/(loss) from continuing operations 67     (2,743 )
           
    Discontinued operations      
           
    (Loss)/income for the year from discontinued operations, net of income taxes (406 )   421  
           
    Net loss and comprehensive loss for the period (339 )   (2,322 )
           
    (Loss)/income per share      
    From continuing and discontinued operations      
    Ordinary share – Basic (0.01 )   (0.04 )
    Ordinary share – Diluted (0.01 )   (0.04 )
    ADS – Basic (0.01 )   (0.08 )
    ADS – Diluted (0.01 )   (0.08 )
           
    From continuing operations      
    Ordinary share – Basic 0.00     (0.05 )
    Ordinary share – Diluted 0.00     (0.05 )
    ADS – Basic 0.00     (0.10 )
    ADS – Diluted 0.00     (0.10 )
           
           
    From continuing and discontinued operations      
    Ordinary share – Basic (0.01 )   0.01  
    Ordinary share – Diluted (0.01 )   0.01  
    ADS – Basic (0.01 )   0.02  
    ADS – Diluted (0.01 )   0.02  
           
    Weighted average number outstanding:      
    Ordinary share – Basic 56,000,000     56,000,000  
    Ordinary share – Diluted 56,000,000     56,000,000  
    ADS – Basic 28,000,000     28,000,000  
    ADS – Diluted 28,000,000     28,000,000  
     
    SANTECH HOLDINGS LTD.
    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
    (In thousands, except for share and per share data, or otherwise stated)
                                 
      Ordinary shares   Additional
    paid-in
    capital
      Accumulated
    deficit
      Total
    Shareholders’
    equity
                             
      Number of ordinary shares   Amount                  
            (US$’000)   (US$’000)   (US$’000)   (US$’000)
                 
                                 
    Balance as of June 30, 2024 56,000,000     6     33,256     (30,700 )   2,562  
     
    Net loss for the period             (2,322 )   (2,322 )
     
    Balance as of December 31, 2024 56,000,000     6     33,256     (33,022 )   240  
     

    The MIL Network

  • MIL-OSI: IgniteX Sponsors Taiwan Blockchain Hackathon, Empowering Next Generation of Web3 Innovators

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 25, 2025 (GLOBE NEWSWIRE) — MEXC IgniteX, successfully concluded its Silver Partnership sponsorship of Taiwan’s premier Blockchain Hackathon series with Demo Day on June 22, 2025.

    Four-Week Innovation Program

    The comprehensive hackathon program brought together Taiwan’s brightest blockchain developers across four sessions from June 8-22. The series included an opening ceremony on June 8th, intensive development sessions on June 10th and 18th, and concluded with Demo Day and expert panel discussion on June 22.

    Strategic Partnership Impact

    As a Silver Sponsor, IgniteX achieved significant brand visibility throughout the event series. The partnership included strategic booth presence and comprehensive integration across university blockchain communities, local DAOs, and social channels. Leo, MEXC Traditional Chinese Market Business Head, delivered a keynote presentation introducing IgniteX services and participated as a featured panelist during Demo Day. His engagement included sharing insights on blockchain innovation trends and facilitating discussions with finalist teams and industry experts about the future of decentralized technologies.

    Expanding Educational Partnerships in Taiwan

    This hackathon sponsorship builds upon MEXC’s broader commitment to Taiwan’s blockchain education ecosystem. MEXC has established collaborative partnerships with leading Taiwanese universities, including National Taipei University of Technology (NTUT), to foster fintech and blockchain education innovation. The company’s educational initiatives extend beyond traditional sponsorship to include direct industry mentorship and curriculum development support.

    Fostering Web3 Innovation and Strategic Vision

    “This hackathon represents IgniteX’s commitment to fostering blockchain innovation in Taiwan’s vibrant tech ecosystem,” said Leo, MEXC Traditional Chinese Market Business Head. “By supporting these talented developers and entrepreneurs, we’re helping build the foundation for the next generation of Web3 applications and services.”

    IgniteX’s educational investment reinforces its commitment to integrating blockchain education with hands-on development experience. The company provides participants with exposure to development tools, industry best practices, and direct feedback from experienced practitioners within the MEXC ecosystem.

    This sponsorship has sparked discussions about establishing regular blockchain innovation events in Taiwan and potentially creating ongoing partnership programs with academic institutions. MEXC’s investment in Taiwan’s blockchain community contributes to the region’s growing reputation as a blockchain-friendly jurisdiction with strong technical talent, supporting the company’s broader goals of expanding its presence in Asia while identifying and nurturing emerging blockchain talent.

    About MEXC IgniteX
    MEXC IgniteX is a comprehensive Web3 innovation platform providing cutting-edge services for blockchain developers, entrepreneurs, and enterprises. Through strategic partnerships and community engagement, MEXC IgniteX drives adoption and innovation across the global blockchain ecosystem.

    Risk Disclaimer:
    The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4bef5682-2ec8-44e8-94ac-0eb7fbd5eea3

    The MIL Network

  • MIL-OSI Economics: Secretary-General of ASEAN meets with the Minister of Youth, Culture, and Communication of Morocco

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with the Minister of Youth, Culture, and Communication of Morocco, Mohammed Mehdi Bensaid, in Rabat, on 25 June 2025. They discussed ways to further enhance cooperation in areas such as the creative industries and cultural heritage, media and information, and youth development, among others.

    The post Secretary-General of ASEAN meets with the Minister of Youth, Culture, and Communication of Morocco appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Cybersecurity Service Providers Connect Programme briefing webinar for service providers held today

    Source: Hong Kong Government special administrative region

    Cybersecurity Service Providers Connect Programme briefing webinar for service providers held today 
         The programme aims to strengthen the connection between cybersecurity service providers and local businesses and organisations, in particular small and medium-sized enterprises (SMEs), to assist in sourcing suitable cybersecurity solutions. After categorisation and vetting, the HKCERT will put the information of service providers meeting predefined requirements on a dedicated website to facilitate SMEs in sourcing and procuring suitable cybersecurity services. The related solutions mainly cover four service areas: Internet Security Solution, Cybersecurity Assessment Service, Managed Security and Incident Response Service, and Cybersecurity Training Service. Meanwhile, the programme also includes the provision of a cybersecurity resource hub, offering guidance on cybersecurity solutions and references for best practices in cybersecurity for SMEs.
     
         In addition to the programme, the DPO has also partnered with the Hong Kong Internet Registration Corporation Limited to launch the free and integrated security service “Cybersec One” in March 2025, helping participating organisations identify website vulnerabilities, conduct risk assessments, and provide solutions to empower local secondary schools and primary schools, non-governmental organisations and SMEs to strengthen their cybersecurity resilience in all dimensions. The DPO will continue to safeguard cybersecurity in Hong Kong through fostering industry collaboration and uniting diverse stakeholders, thus promoting the sustainable development of Hong Kong’s digital economy.
    Issued at HKT 17:55

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Immigration Dept to revise fees

    Source: Hong Kong Information Services

    The Government today announced that from September 8 the Immigration Department will revise fees for some services, including the issuance of visas/entry permits and travel documents, as well as despatch services for delivery of travel documents to places outside Hong Kong.

    The Government sets and reviews various fees and charges according to “cost recovery” and “user pays” principles, and fees charged should in general be set at levels adequate to recover the full cost of providing the goods or services.

    In view of this, fees for the services concerned will be increased by 3% to 51% with the aim of achieving full cost recovery gradually. The fees will have little impact on most people’s daily expenses and have limited impact on general business activities.

    The department’s measures are being enacted to control the cost of providing the services.

    Proposed legislative amendments relating to the fee revisions will be tabled at the Legislative Council for negative vetting on July 2. The revisions will take effect after completion of the necessary legislative procedures.

    Click here for details of the fee revisions.

    MIL OSI Asia Pacific News

  • Returning to Iranian sites is top priority: IAEA chief

    Source: Government of India

    Source: Government of India (4)

    U.N. nuclear watchdog chief Rafael Grossi said on Wednesday his top priority is getting his inspectors back to Iran’s nuclear facilities to assess the impact of U.S. and Israeli military strikes and verify its stocks of enriched uranium.

    “This is the number 1 priority,” International Atomic Energy Agency chief Grossi told a news conference at an Austrian security cabinet meeting. He is seeking his inspectors’ return to Iranian sites including the three plants where it was enriching uranium until Israel launched strikes on June 13.

    Asked if Iran had informed him of the status of its stocks of enriched uranium, particularly its uranium enriched to up to 60% purity, close to weapons grade, he pointed to a letter he received from Iran on June 13, saying Iran would take “special measures” to protect its nuclear materials and equipment.

    “They did not get into details as to what that meant but clearly that was the implicit meaning of that. We can imagine this material is there,” Grossi said, suggesting much of that material had survived the attacks.

    (Reuters)

  • MIL-OSI Asia-Pac: LCQ5: Family offices

    Source: Hong Kong Government special administrative region

    LCQ5: Family offices 
    Question:
     
         According to a consultancy study commissioned by Invest Hong Kong (InvestHK), it was estimated that around 2 700 single family offices were operating in Hong Kong as at end-2023. However, it has recently been reported that quite a number of “fake family offices” have emerged in the market and some of them may even be involved in money laundering or illegal fund-raising activities. In this connection, will the Government inform this Council:
     
    (1) whether it will consider drawing up a clear official definition and establishing a regulatory regime for family offices, and stepping up regulation through legislation or administrative measures to prevent money laundering and other financial crimes; if so, of the specific details; if not, the reasons for that;
     
    (2) whether it has developed corresponding monitoring mechanisms or regulatory measures when considering enhancing the preferential tax regimes for family offices and funds, so as to prevent the relevant regimes from being abused as tax avoidance tools; if so, of the specific details; if not, the reasons for that; and
     
    (3) whether it has plans to provide more systematic training and accreditation schemes for professional talents to meet the demand from family offices for multi-disciplinary professionals, and whether it will regularly assess the effectiveness of the implementation of the policies relating to family offices, including market responses, economic contributions and potential risks; if so, of the specific details; if not, the reasons for that?
     
    Reply:
     
    President,
     
         As an international financial centre and the freest economy in the world, Hong Kong maintains an open market environment. Meanwhile, we also attach great importance to safeguarding the integrity of our financial systems by implementing international standards on anti-money laundering and counter-terrorist financing to deter and detect inward and outward flows of illicit funds.
     
         In consultation with Invest Hong Kong (InvestHK), the Inland Revenue Department (IRD), the Securities and Futures Commission (SFC) and the Hong Kong Academy for Wealth Legacy (HKAWL), my reply to the various parts of the question is as follows:
     
    (1) The Government welcomes all lawful and rule-compliant family offices (FOs) to set up in Hong Kong and respects the private financial arrangement of single FOs. Regarding the regulation of investment activities of FOs, the licensing regime under the Securities and Futures Ordinance is activity-based. Generally speaking, a single FO refers to an arrangement established by members of a single family to manage the family’s assets, investments, and long-term interests. A single FO is required to apply for a licence under the Securities and Futures Ordinance if it carries on a business of regulated activity in Hong Kong, for example, providing asset and wealth management services to clients other than members of the relevant family, and to fulfil relevant code of conduct and statutory requirements applicable to licensed corporations. The above requirements are also applicable to investment companies or multi-FOs. To facilitate the industry’s understanding of the regulatory regime in Hong Kong, the SFC has issued circular on the licensing obligations of FOs and quick reference guides to provide additional guidance.
     
         In addition, professionals of various sectors providing services concerned to FOs will conduct necessary due diligence in compliance with the statutory requirements and relevant guidelines. Among others, the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615) provides that financial institutions (including banks, SFC-licensed corporations, insurance companies, money services operators, etc.) and designated non-financial businesses and professions (including solicitors, accountants, estate agents, and trust or company service providers) shall conduct customer due diligence, including identifying and verifying the identity of beneficial owners, continuously monitoring the business relationships with customers, as well as maintaining records. When service providers identify any suspicious transactions, they are also under the legal obligation to report to law enforcement agencies.
     
         Our systems and measures for combating money laundering and terrorist financing have all along adhere to international standards and best practices. We will closely monitor the risks related to money laundering and terrorist financing, as well as the developments in international standards, and will keep our systems and measures under constant review so as to safeguard the integrity and stability of Hong Kong’s financial system.
     
    (2) Family-owned investment holding vehicles (FIHVs) managed by single FOs in Hong Kong fulfilling the minimum asset threshold of HK$240 million and substantial activities requirement can enjoy profits tax exemption for qualifying transactions. Currently, a series of anti-avoidance measures have been put in place for the preferential tax regimes for single FOs and funds. For example, a business undertaking for general commercial or industrial purpose is not eligible for tax concessions with a view to avoiding abuse. The tax regimes also contain the anti-round tripping provisions to prevent abuse or round-tripping by resident persons to take advantage of the profits tax exemption via a fund or FIHV. Meanwhile, the general anti-avoidance provisions of the Inland Revenue Ordinance (IRO) are also applicable to the preferential tax regimes for single FOs and funds. Through these provisions, the IRD can address any artificial or fictitious transaction, disposition that is not in fact given effect to and transaction entered into for the sole or dominant purpose of enabling a person to obtain a tax benefit.
     
         To attract more FOs and high-net-worth individuals to choose Hong Kong as a destination for wealth management, we will enhance the preferential tax regimes for funds, single FOs and carried interest, including expanding the scope of “fund” under the tax exemption regime, increasing the types of qualifying transactions eligible for tax concessions for funds and single FOs, enhancing the tax concession arrangement on the distribution of carried interest by private equity funds, etc.
     
         The Government also proposes to introduce a tax reporting mechanism under the enhanced tax regime for funds to ensure that the funds and special purpose entities meet the relevant tax exemption conditions under the IRO. The Government will continue to closely communicate with the industry on formulating the details of the tax reporting regime, and minimise the compliance burden on funds and special purpose entities under the tax reporting regime.
     
    (3) The Government is committed to expanding the talent pool for wealth management and FOs to support the long-term development of the industry. We have since 2016 implemented the Pilot Programme to Enhance Talent Training for the Asset and Wealth Management Sector to nurture more industry talents. To date, over 4 700 applications for reimbursement of professional training course fees have been approved, and the Programme has provided internship opportunities for over 920 tertiary students, supporting the industry to offer more professional training and learning opportunities, thereby enhancing the professional standards of practitioners. Besides, we have included “management professionals in asset and wealth management (WAM)” and “professionals in compliance in WAM” under the Talent List since 2018 and 2021 respectively, so as to facilitate high-quality talents in these professions to pursue development in Hong Kong.
     
         The Government has also established the HKAWL in 2023 to provide a platform for collaboration, networking, knowledge sharing and talent development, and to provide relevant training for asset owners, wealth inheritors and the FO sector. In 2024-25, the HKAWL organised, co-organised, and participated in over 20 events, enabling asset owners, wealth inheritors and FO practitioners to engage in discussions and exchanges. These events brought together over 3 100 participants.
     
         The Government will maintain close communication with FOs to understand their needs, evaluate the effectiveness of relevant policies and introduce enhancements in a timely manner. For example, the New Capital Investment Entrant Scheme (New CIES) has been well-received by the industry since its launch. As of end-May this year, the New CIES has received over 1 370 applications. The current applications are expected to bring an investment amount of over HK$41 billion into Hong Kong. The Government has also implemented enhancement measures with effect from March 1 this year, allowing investment under the New CIES to be made through an eligible private company wholly owned by the applicant, creating synergy with the tax concession regime for FOs.
     
         According to the research findings of the consultant commissioned by InvestHK and publicised in March 2024, there were around 2 700 single FOs operating in Hong Kong as of end-2023. The number is expected to exceed 3 000 in the near future. Separately, since its establishment in June 2021 up to end-May this year, the dedicated FamilyOfficeHK team of InvestHK has assisted over 190 FOs to set up or expand their business in Hong Kong, and around 150 FOs have indicated that they are preparing or have decided to set up or expand their business in Hong Kong. The performance indicator to attract no less than 200 FOs to establish or expand their operations in Hong Kong by end-2025 as set out in the 2022 Policy Address is likely to be achieved.
     
         Thank you, President.
    Issued at HKT 14:58

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ20: Members of government advisory and statutory bodies

    Source: Hong Kong Government special administrative region – 4

    ​Following is a question by the Hon Mrs Regina Ip and a written reply by the Secretary for Home and Youth Affairs, Miss Alice Mak, in the Legislative Council today (June 25):
     
    Question:

    There are views that the current practice of the Government repeatedly appointing the same group of individuals to its advisory and statutory bodies (ASBs) has failed to engage new members, including foreign nationals who are Hong Kong permanent residents. This approach runs counter to the principle stated by the State President in 2022 at the meeting to celebrate the 25th anniversary of Hong Kong’s return to the motherland and the inaugural ceremony of the sixth-term Government of the Hong Kong Special Administrative Region that everyone in Hong Kong who genuinely supports the principle of “one country, two systems”, loves Hong Kong, and abides by the Basic Law and the laws of the special administrative region, can do his or her bit for the region’s development. In this connection, will the Government inform this Council:

    (1) of the respective numbers of non-official members serving on various government ASBs in each of the past 10 years, together with a breakdown by ASB;
     
    (2) of (i) the number of non-official members appointed by the Government in each of the past 10 years and, among them, the respective numbers of those who were (ii) re-appointed and (iii) appointed for the first time;

    (3) of the respective numbers of (i) foreign nationals being Hong Kong permanent residents, (ii) ethnic minorities holding Chinese nationality, and (iii) other foreign nationals being non-Hong Kong permanent residents who were appointed by the Government as non-official members of ASBs in each of the past 10 years, together with a breakdown by the ASB to which they belonged;
     
    (4) as there are views that foreign nationals who are Hong Kong permanent residents have unique advantages (e.g. enhancing the Government’s understanding of the Islamic culture so as to attract Islamic tourists to visit Hong Kong, etc.) in assisting the Government in taking forward policy initiatives under specific portfolios, but such persons are often excluded from the lists of candidates for non-official members due to their illiteracy in Chinese, what specific measures the Government has put in place to enhance the participation of such persons in ASBs;

    (5) given that the Government has all along been adopting the “six-year rule” (i.e. a non-official member should not serve on the same ASB in the same capacity for more than six consecutive or cumulative years) and the “six-board rule” (i.e. a non-official member should not serve on more than six ASBs at any one time), so as to ensure a reasonable turnover of members and distribution of work, yet as at June 30 last year, 12 non-official members have been appointed to more than six ASBs and 227 non-official members have served in the same capacity of an ASB for over six years, of (i) the average number of ASBs to which such persons have been appointed as non-official members, (ii) the highest number of appointment as non-official members made to such persons, (iii) the average duration of such persons serving in the same capacity in an ASB, and (iv) the maximum duration of such persons serving in the same capacity in an ASB; whether the Government has assessed if the appointments concerned have violated the six-year rule; and
     
    (6) given that in its reply to a question raised by a Member of this Council on 3 July, 2024, the Government indicated that some non-official members also possessed experiences in other professional areas and these diverse experiences enhanced and broadened the discussion at ASBs, but there were views that these diverse experiences might constitute potential conflicts of interest, how the Government ensures that the business undertaken by such persons in their professional areas does not constitute a direct conflict of interest with the duties of the relevant ASBs when appointing non-official members to ASBs?

    Reply:
     
    President,

    Advisory and statutory bodies (ASBs), being an integral part of public administration, play a significant role in assisting the Government in the consultation with stakeholders, formulation of policy objectives and performance of functions. There are currently 525 ASBs in Hong Kong, including advisory boards and committees, appeal boards, public bodies and regulatory bodies, etc.
     
    In response to the question raised by the Hon Mrs Regina Ip, the reply is as follows:
     
    (1) From 2015 to 2024, the number of non-official members appointed by the Government to ASBs is as follows:
     

    Year Number of Appointed Non-official Members
    (by post)
    2015 6 433
    2016 6 407
    2017 6 653
    2018 6 939
    2019 7 030
    2020 7 135
    2021 7 195
    2022 7 099
    2023 7 281
    2024 7 480

    Note: Figures for 2015 to 2023 are as of December 31, and the figure for 2024 is as of June 30.

    ​Given that the functions or work of individual ASBs may be dissolved, merged or reorganised in response to the development needs of different policy areas, the number of ASBs varies each year. Besides, the scope of functions of some ASBs may be adjusted, making it difficult to ensure that long-term comparisons based on individual ASBs could accurately reflect the overall changes in the Government’s appointment of non-official members. In light of the above, the number of non-official members by ASBs since the current term of the Government from 2022 to 2024 is provided (at Annexes 1 to 3) for more timely reference.

    (2)  Furthermore, as the composition and appointment of members of individual ASBs are taken care of by the respective bureaux and departments (B/Ds), we do not compile and maintain breakdown figures for non-official members reappointed and those newly appointed.
     
    (3) The Central Personality Index maintained by the Home and Youth Affairs Bureau (HYAB) contains personal information of most members of ASBs. Since personal information is voluntarily provided by individual members and we do not mandatorily require them to provide nationality details, the HYAB is unable to provide figures on the nationality and ethnicity of non-official members of ASBs.

    (4) The basic principle of the appointments of individuals by the Government as non-official members to ASBs is “merits”, so as to ensure that the appointed members are the most suitable candidates who are capable of meeting the specific requirements of the ASBs and will actively participate in their work. When making an appointment, the relevant B/Ds will take into account the candidate’s ability, expertise, experience, integrity and commitment to public service, with due regard to the functions and nature of the business of the ASB concerned. For statutory bodies, it is also necessary to take into account the relevant statutory requirements. Since the objectives, functions and nature of individual ASBs are different, the respective B/Ds are responsible for taking care of the composition, operation and appointment of members of respective ASBs. In addition to taking into account the operational needs of the ASBs under their purview, B/Ds will also consider appointing individuals with diverse backgrounds and experiences, including Hong Kong permanent residents of foreign nationalities, ethnic minorities, or those familiar with Islamic culture, to ensure that the ASBs can effectively fulfil their duties while providing opportunities for individuals from different sectors of the community to participate in public service.

    (5) According to relevant government guidelines, under the principle of appointment based on “merits”, B/Ds should, as far as possible, avoid non-official members to serve on more than six ASBs at any one time, or to serve in the same ASB for more than six years whether continuously or cumulatively in the same capacity, so as to ensure a reasonable distribution of workload and turnover of membership. Generally, B/Ds will adhere to these guidelines as far as possible when making appointments. However, there are instances where, based on actual needs, individuals may serve on more than six committees or have their terms extended beyond six years. As at June 30, 2024, 12 non-official members who were appointed to more than six ASBs served in approximately seven ASBs on average, with the highest number of appointments being eight ASBs. As for 227 non-official members who had served in the same capacity in ASBs for more than six years, the average tenure in the same capacity is 8.5 years, with the longest tenure being 37 years. It is worth noting that the appointment arrangement is based on the background of the establishment of relevant statutory body, which is related to commemorating the late husband of the member, representing a special exception.
     
    (6) The Government has established a mechanism for handling situations involving conflicts of interest which may be faced by members of ASBs. While some statutory bodies have a declaration of interest system which is specified in their enabling legislation, two different systems for declaring interests, namely a “one-tier reporting system” and a “two-tier reporting system” are in place for ASBs. Under the “one-tier reporting system”, it is the responsibility of each member to judge and decide whether he/she should declare his/her interests, and members should declare interests in the meetings of the boards or committees during which the matters concerned are discussed and determined. For the “two-tier reporting system”, members should declare their interests on appointment to those boards and committees, in addition to the declaration of interests in meetings. Such declarations should be recorded. The B/Ds concerned should decide which system of declaration of interests is to be adopted having regard to the terms of reference of the ASBs concerned.
     
    The HYAB has issued guidelines on declaration of interests on the recommendation of the Independent Commission Against Corruption for adoption by ASBs, and reminds B/Ds now and then that it is necessary to introduce a system of declaration of interests for each of the ASBs under their purview and to review from time to time the systems of declaration of interests adopted by the bodies concerned, in order to ensure that the systems meet their needs.
     
    Appointing individuals of different professional areas to various ASBs under the principle of merits has, over the years, provided the Government with valuable insights in formulating various policies and measures, which have proven effective in practice. We believe that the aforementioned mechanism can effectively address actual or potential conflict of interest.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Hong Kong’s innovation and technology sector to benefit from Mainland’s expedited patent pre-examination service starting June 30

    Source: Hong Kong Government special administrative region

    Hong Kong’s innovation and technology sector to benefit from Mainland’s expedited patent pre-examination service starting June 30 
         Under the enhanced measure, Hong Kong’s I&T sector (including innovative entities such as enterprises, higher education institutions and research institutions) seeking patent protection on the Mainland may submit patent pre-examination requests to the Shenzhen Intellectual Property Protection Center if they meet the relevant criteria (e.g. the inventions in their applications fall within the specified industry sectors). Upon passing the pre-examination, their patent applications can enter the expedited examination channel of the China National Intellectual Property Administration (CNIPA), significantly shortening the period of examination.
     
         The Director of Intellectual Property, Mr David Wong, said, “This cross-boundary facilitation measure for patent applications can effectively accelerate the legal protection and commercialisation of research outcomes in the vast Mainland market by Hong Kong’s I&T sector. The Hong Kong Special Administrative Region Government expresses its gratitude to the CNIPA for supporting Hong Kong in the advancement of I&T and IP trading, which enables Hong Kong to seize the opportunities brought by the national development of new quality productive forces and contribute to the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area.”
     
         For details of the measures, please refer to the Intellectual Property Department’s website 
         The Commerce and Economic Development Bureau and the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen Municipality jointly promulgated the 16 Co-operation Measures in February 2023, aiming to advance IP development in Hong Kong and Shenzhen, foster cross-boundary IP and innovation, exchange and co-operation, and support Hong Kong’s development into a regional IP trading centre.
    Issued at HKT 17:00

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ10: Promoting the development of the popular artistic toy industry

    Source: Hong Kong Government special administrative region – 4

    Following is a question by the Hon Jeffrey Lam and a written reply by the Secretary for Culture, Sports and Tourism, Miss Rosanna Law, in the Legislative Council today (June 25):
     
    Question:
     
    It has been reported that in recent years, the popular artistic toy industry and the “goods economy” (i.e. economic activities relating to intellectual property (IP) peripheral products of animation, comics, games, idols, etc) have expanded rapidly worldwide. Last year, the global market of “blind boxes” (i.e. sealed boxes whose IP peripheral products are not made known to consumers in advance) reached US$14.5 billion (approximately HK$113.1 billion), with some IP merchandise created by Hong Kong designers generating hundreds of millions of dollars in value in the international market. However, there are views that the popular artistic toy industrial chain in Hong Kong is not yet mature and requires precise policy support. In this connection, will the Government inform this Council:
     
    (1) whether it has compiled statistics for the period between 2022 and 2024 on (i) the number of companies registered in Hong Kong that were involved in the design, production or sale of popular artistic toys, (ii) the contribution of the popular artistic toy industry to Gross Domestic Product, (iii) the number of professional practitioners in the popular artistic toy industry, and (iv) among the projects approved under the Government’s funding schemes or funds for driving the development of the cultural and creative industries (e.g. the CreateSmart Initiative), the proportion of projects related to the popular artistic toy industry and the total amount of funding involved; if such data is unavailable, whether the Government will review if this emerging industry is outside the scope of the existing policy;
     
    (2) whether it has compiled statistics on the number of registrations filed with the Intellectual Property Department by local designers for artistic toy character designs from 2022 to 2024, and the number of cases in which Hong Kong enterprises have successfully turned local IP into mass-produced merchandise;
     
    (3) of the number of pop-up stores or exhibitions relating to the theme of popular artistic toys that were approved to be held in public venues (e.g. the West Kowloon Cultural District and galleries of the Leisure and Cultural Services Department) in the past year, and the average duration of such exhibitions;
     
    (4) among the events supported by the Mega Events Coordination Group last year, of the proportion of mega events that had the theme of popular artistic toys (e.g. designers’ autograph and sale sessions and blind box bazaars), as well as the data on the number of people who attended such events; and
     
    (5) as the Financial Secretary pointed out earlier on in a blog post that some IP with Hong Kong elements created by Hong Kong designers has generated hundreds of millions of dollars in value, and there are views that this reflects that the calibre of the local creative industry is of an international standard, whether the Government has formulated specific measures to assist in the development of the industrialisation of Hong Kong’s IP and to promote the maximisation of the value of local IP; if so, of the details; if not, the reasons for that?

    Reply:
     
    President,
     
    Art toy refers to toys designed by designers and artists, and infused with rich cultural connotations and fashionable creativity. It can be traced back to figures in the 1960s of the 20th century which were mostly derivative models of anime characters for the purposes of appreciation and collection. Noting the emergence and development of art toy in recent years which bring in opportunities for the creative industries in Hong Kong, the Cultural and Creative Industries Development Agency (CCIDA) under the Culture, Sports and Tourism Bureau (CSTB) has been actively supporting projects related to Hong Kong’s art toy industry, including setting up Hong Kong pavilions at exhibitions in the Mainland and overseas to support the industry in the promotion of art toys originated in Hong Kong.

    My reply to the various parts of the question raised by the Hon Jeffrey Lam’s question, in consultation with the Census and Statistics Department (C&SD) and the Intellectual Property Department (IPD), is as follows:
     
    (1) The cultural and creative industries (CCI) form an integral part of creating a diversified economy in Hong Kong. CCI covers the design sector whereas art toy design is grouped under this sector. According to the C&SD’s latest statistics, the value added by the design sector reached over $4.2 billion in 2023, accounting for over 0.1% of Gross Domestic Product in Hong Kong, and 3.1% of that of CCI. The number of establishments and practitioners engaged in the design sector were around 7 490 and 18 650 respectively.
     
    From 2022 till now, the CCIDA funded and fostered eight Hong Kong art toy-related projects through the CreateSmart Initiative (CSI). Overseas projects included driving the industry to participate in “Promote Hong Kong Designer Toys through Thailand Exhibitions”, “Promote Hong Kong Designer Toys through Thailand Toy Expo 2024”, “Promote Hong Kong Art Toys through Indonesia Exhibition 2024” and “Promote Hong Kong Art Toys through Thailand Toy Expo 2025”. These four projects facilitated over 20 business deals and more than 370 business enquiries and contacts, and ideal selling records were made for individual participating designers. For example, a Hong Kong art toy designer sold art toys of over $0.5 million and successfully reached out an Indonesian toy agent to expand his retail business in Indonesia. In the Mainland, the CSI funded the industry to participate in “Hong Kong Creative Pavilion@China (Shenzhen) International Cultural Industry Expo and Trade Fair plus Hong Kong@Shenzhen Cultural Industry Expo”, “Hong Kong Creative Pavilion@2024 Hangzhou Cultural & Creative Industry Expo”, “China International Cartoon & Animation Festival (Hangzhou)” and “China International Animation Copyright Fair (Dongguan)”. The CCIDA set up Hong Kong pavilions in these exhibitions to promote Hong Kong’s art toy, animation, game and related industries. These four Hong Kong pavilions attracted a total of over 160 000 participants, reaching out over 1 300 business deals and more than 120 business enquiries and contacts. The eight projects obtained about $38 million of the CSI funding.

    In fact, Hong Kong creators made great achievements in the global art toy industries in recent years. Their art toy characters designed and the products generated by their intellectual properties (IPs) successfully occupy a remarkable market share in markets of Hong Kong, the Mainland and overseas. Among them, Hong Kong renowned designers Lung Ka-sing and Kenny Wong created iconic art toy products, making great profits for the art toy industries. Lung also won an illustration award in Belgium, being the first Chinese designer to win this prize. Besides, Wong’s designs have collaborations with various international trendy brands for rolling out IP products.
     
    (2) According to the IPD, the Locarno classification published by the World Intellectual Property Organization is the system adopted for classifying articles under the local registered designs system. There is no specific class for “artistic toy characters”, which are instead classified under Class 21 (sub-class 01) – “games and toys”. The numbers of applications and registrations under this sub-class from 2022 to 2024 are as follows:
     

      2022 2023 2024
    Number of applications
    (Number of designs involved (Note 1))
    31
    (66)
    39
    (79)
    59
    (82)
    Number of registrations (Note 2) 78 76 41

    Note 1: Each design application may contain one or more designs.
    Note 2: Since it takes time to process applications, the number of registrations shown may not equal to the number of applications received in a particular year.
     
    Other than obtaining protection for the design of an article under the registered designs system, the same may also be considered as a sign for registration under the trade marks system, or as an original artistic work protected by the copyright system (registration not required). Rights holders need to consider their overall IP protection and utilisation strategy, as well as the relevant legal requirements.

    Over the years, there have been numerous examples of Hong Kong businesses transforming local cultural and creative IPs into mass-produced products. This may be done by various ways such as sales and licensing, and it also depends on the types of IPs being utilised. The Government does not have statistics in this regard.
     
    (3) and (4) Different types of mega events in Hong Kong cover various areas, among which many of the events with profound IP elements are well received by the public. Events in 2024 include “100% DORAEMON & FRIENDS” Tour, Pokémon GO City Safari, PANDA GO! FEST HK, ComplexCon Hong Kong, Hypefest Hong Kong, and the annual Ani-com & Games Hong Kong that gathers animation, comics and figurines, etc. The CSTB supported these activities in different ways. As an estimate, these events attracted over five millions of participants.
     
    In 2024, there were nine art toy-related projects exhibited in venues of the West Kowloon Cultural District and the Leisure and Cultural Services Department. Their average exhibition period was about 17 days. In addition, there were lots of activities relating to the theme of art toy held in different government and private venues (such as shopping malls).
     
    (5) The Government has been promoting the development of the trading and commercialisation of local IPs, including various measures related to CCI.
     
    In strengthening IP protection, the copyright system is an essential component of the IP regime, offering protection for original works including those in the literary and artistic fields, and is crucial to the development of the local creative industries and a knowledge-based economy. The Copyright (Amendment) Ordinance 2022 came into effect in May 2023 to enhance copyright protection in the digital environment. The IPD is also conducting a comprehensive review of the local registered design system and plans to launch a public consultation within this year to ensure that the system remains up-to-date, aligns with current international standards, and meets the needs of Hong Kong’s future economic development. Besides, the CCIDA is actively supporting cultural IP projects (including those related to art toy mentioned above) through the CSI, and driving applicants to make applications for IP protection for their cultural and creative products, formulate IP agreements and manage IP portfolios, etc. so as to assist creators in exploring business opportunities.

    In enhancing capacity building, the IPD has in recent years provided more comprehensive and in-depth IP training courses and practical workshops for practitioners across various sectors, including those in the cultural and creative industries, with a target to benefit 5 000 practitioners across different industries within the current term of the Government. Besides, in collaboration with the Law Society of Hong Kong, the IPD has been providing free IP consultation services for small and medium enterprises through practising lawyers on a pro bono basis.

    On promotion effort, the Hong Kong Trade Development Council (HKTDC) continues to enrich large-scale activities such as the Hong Kong International Film and TV Market, the Hong Kong International Licensing Show and the Hong Kong Book Fair in order to support local original works to exploit the Mainland and international markets. The CCIDA has also funded the HKTDC to enhance the Asia IP Exchange portal, adding a database for arts, cultural and creative IPs to facilitate potential buyers in searching for relevant information, and introducing more elements of market transaction, such as business matching events, market information and professional service packages on IP trading to foster cross-sectoral collaboration. The CCIDA will facilitate more registration of local and non-local cultural and creative products on the Asia IP Exchange portal to promote the transactions of cultural IPs. 

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  • MIL-OSI Asia-Pac: LCQ8: White Form Secondary Market Scheme

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Gary Zhang and a written reply by the Acting Secretary for Housing, Mr Victor Tai, in the Legislative Council today (June 25):

    Question: (2) of the percentage of completed transactions under WSM in the total number of flats with premium unpaid in the HOS Secondary Market in each of the past 10 years (set out in a table);

    (3) of the number of Certificate of Availability for Sale issued by the HA, and the actual transaction volume of Green Form and White Form flats in the HOS Secondary Market in each of the past 10 years (set out in a table);

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  • MIL-OSI Asia-Pac: Immigration Department to revise fees

    Source: Hong Kong Government special administrative region

    Immigration Department to revise fees 
         “The Government sets and reviews various fees and charges according to the ‘cost recovery’ and ‘user pays’ principles, while fees charged by the Government should in general be set at levels adequate to recover the full cost of providing the goods or services,” the spokesman said.
     
         The latest costing review showed that the fees payable for services including the issuing of visas/entry permits and travel documents and despatch services for delivering travel documents to places outside Hong Kong are not adequate to recover the full cost of providing those services.
     
         “Taking into consideration that it is impractical to recover the full cost of all fees in one go, the fees of the services concerned will be increased by 3 per cent to 51 per cent with a view to achieving full cost recovery gradually. The fees will have little impact on the daily lives of most people and limited impact on general business activities,” the spokesman added.
     
         The Immigration Department regularly reviews the arrangements for handling various types of applications and services with a view to improving the cost-effectiveness as well as the quality of services. Measures are in place to control the cost of providing the services.
     
         The proposed legislative amendments related to the fee revisions will be tabled at the Legislative Council for negative vetting on July 2 this year. The fee revisions will take effect after completion of the necessary legislative procedures. A table setting out the existing and revised fees is in the Annex.
    Issued at HKT 16:00

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  • MIL-OSI Asia-Pac: Government welcomes passage of Post Secondary Colleges (Amendment) Bill 2025

    Source: Hong Kong Government special administrative region – 4

    The Government welcomed the passage of the Post Secondary Colleges (Amendment) Bill 2025 by the Legislative Council today (June 25), which aims to enhance the regulatory and quality assurance mechanisms of self-financing post-secondary institutions, with a view to facilitating the healthy and sustainable development of the self-financing post-secondary education sector.

    The Bill amends the Post Secondary Colleges Ordinance (Cap. 320). Its three key features are: (i) reforming the regulatory regime for the self-financing post-secondary education sector to improve governance, ensuring the quality, transparency and accountability of self-financing institutions; (ii) removing barriers suitably, including rationalising the arrangements for self-financing institutions to award degrees, to enhance efficiency and effectiveness; and (iii) forging a unified regulatory framework to promote coherence in quality assurance, governance, positioning and overall co-ordination.

    The Secretary for Education, Dr Choi Yuk-lin, said, “Self-financing post-secondary institutions form an integral part of the post-secondary education sector in Hong Kong. The Government has long supported the parallel development of the self-financing and publicly funded post-secondary education sectors. The passage of the Bill signifies an important milestone for the development of the self-financing sector. We envisage that the enhanced regulatory framework can further support the capacity expansion and quality enhancement of the self-financing sector, with a view to harnessing its advantages in terms of flexibility and diversity to cultivate talent for the country and Hong Kong, and make more proactive contributions towards Hong Kong’s development into an international post-secondary education hub and building China into a leading country in education.”

    The Post Secondary Colleges (Amendment) Ordinance 2025 will be gazetted on July 4. Save for clauses relating to the delegation of authority to approve the award of degrees from the Chief Executive in Council to the Secretary for Education, which will come into operation on August 1, 2025, the commencement date of the other major provisions will be August 1, 2026. For relevant institutions that are not currently registered under Cap. 320, there will be a transitional period of around three years, until July 31, 2028, to complete the registration procedures. 

    The Education Bureau, in collaboration with the Hong Kong Council for Accreditation of Academic and Vocational Qualifications, will continue to maintain close liaison with self-financing institutions to ensure the smooth implementation of the enhanced regulatory framework and relevant transitional arrangements.

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  • MIL-OSI Asia-Pac: Extension of e-Channel service to holders of People’s Republic of China electronic passport

    Source: Hong Kong Government special administrative region

    Extension of e-Channel service to holders of People’s Republic of China electronic passport ​     Eligible PRC passport holders can use the e-Channel service when entering Hong Kong without prior enrolment for e-Channel service via face recognition technology. The new arrangement does not apply to PRC passport holders entering Hong Kong on the strength of ‘Entry Permit for Hong Kong’ issued by the overseas Chinese Diplomatic and Consular Missions. They will continue to complete arrival clearance at immigration counters.

    ​     The ImmD has always been committed to serving the public and striving for innovation by enhancing the clearance efficiency of the e-Channels and expanding the service target group so that more visitors can use the e-Channels for self-service immigration clearance, thereby providing them with a more convenient and efficient immigration experience.Issued at HKT 12:58

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  • MIL-OSI Asia-Pac: LCQ14: Public toilet projects in Hong Kong

    Source: Hong Kong Government special administrative region

    LCQ14: Public toilet projects in Hong Kong 
    Question:
     
         It has been learnt that, in recent years, the Government has been actively promoting construction of public toilets (including refurbishment or facelifting) projects in Hong Kong, with the aim of improving the quality of public sanitary facilities. According to the information provided by the Government in reply to a question raised by a Member of this Council on the Estimates of Expenditure for the financial year 2025-2026, the Enhanced Public Toilet Refurbishment Programme for that financial year covers 110 public toilets and involves a total project estimate of about $460 million. According to the Government’s paper submitted to the Panel on Development of this Council regarding funding for the Capital Works Reserve Fund for 2025-2026, the total budget for the four public toilet projects in Lei Yue Mun (Ling Nam Sun Tsuen) in Kwun Tong, Ha Ma Tseuk Leng in North District, Ha Tsuen Shi Vegetable Market Office in Yuen Long, and Fraser Village in Yuen Long, is as high as about $87 million. In particular, the reprovisioning of Lei Yue Mun (Ling Nam San Tsuen) public toilet in Kwun Tong has been budgeted at about $38 million. In this connection, will the Government inform this Council:
     
    (1) of the reasons why the project estimates of the above four public toilets are higher than those of public toilets in general;
     
    (2) of the overall planning for public toilet projects in Hong Kong; the factors considered by the authorities when deciding to commence the public toilet projects (including the requirements for male-to-female toilet compartment ratio, site selection criteria, pedestrian flow density and district distribution ratios);
     
    (3) it has been learnt that at the end of 2023, the proportion of female population in Hong Kong is about 54.5 per cent, which is nine per cent higher than the male population, but the existing supply of female toilets often falls short of demand, resulting in females often having to wait for a long time for their turn to use them, whether the authorities will consider adjusting the male-to-female toilet compartment ratio and increasing the number of female toilet compartments in planning for public toilet projects; if so, of the details; if not, the reasons for that;
     
    (4) whether the authorities have compiled statistics and assessed the demand for the use of public toilets, the actual utilisation rates and the public satisfaction levels, etc, at various tourist attractions and border control points; if it has compiled such statistics, of the details;
     
    (5) of the distribution of the proportions of the various expenditures (e.g. design, salaries of works personnel and construction costs) in the project estimates for all public toilet projects in Hong Kong at present; and
     
    (6) whether the authorities have a dedicated department responsible for monitoring and managing the progress of public toilet projects, as well as providing temporary public toilet services while the works are in progress; if so, whether they will announce the details of the progress of the relevant works in a timely manner?
     
    Reply:
     
    President,
     
         Government departments including the Food and Environmental Hygiene Department (FEHD), the Leisure and Cultural Services Department (LCSD), the Agriculture, Fisheries and Conservation Department (AFCD) and the Home Affairs Department, respectively plan and manage toilets facilities provided for public use (public toilet) under their purview. The Architectural Services Department (ArchSD) carries out the design, construction and refurbishment of public toilets in accordance with the public service standards for public toilets as specified by the client departments.
     
         Having consulted the Development Bureau (DEVB), the Culture, Sports and Tourism Bureau, the Home and Youth Affairs Bureau and the Security Bureau, our reply to the question raised by the Hon Maggie Chan is as follows:
     
    (1) When the ArchSD designs and constructs new public toilets, as well as reprovisions and refurbishes existing public toilets, it will devise project details by taking into account factors including relevant departments’ requirements, design standards of existing public toilets, conditions of facilities, utilisation rates, legal requirements, sewage facilities and provision of barrier-free facilities; and ensures the project complies with the “no-frills” principle. In compiling the project estimates, the ArchSD will make reference to the costs of projects of similar scale in the past and the prevailing returned tender prices; with provisions for consultants’ fees and contingencies.
     
         Regarding the four public toilet works project mentioned in the question, the ArchSD stated that the construction floor area of the Reprovisioning of Lei Yue Mun (Ling Nam Sun Tsuen) Public Toilet is the largest among projects on public toilets in recent years. Besides, given that public toilet is highly utilised and locates at a tourist spot, the design of the reprovisioning works focused on enhancing the quality of the facilities and the user experience of the tourists, including the provision of additional universal toilets, the adoption of a people-oriented design with the provision of more spacious interior than other common public toilets, and the implementation of smart toilet system to enhance hygiene and management. In addition, the congested underground pipelines and high groundwater level in the vicinity have made the construction much more complex and hence increased the costs. The ArchSD has adopted a number of design enhancement and works solutions to minimise construction costs and risks as far as practicable, such as relocating the underground equipment to above ground to reduce the extent of excavation.
     
         As for the proposed Improvement to Ha Ma Tseuk Leng Public Toilet in North District, Improvement to Ha Tsuen Shi Vegetable Market Office Public Toilet in Yuen Long and Improvement to Fraser Village Public Toilet in Yuen Long, given they are located in rural areas with no public drainage system in the proximity and lack of proper roads for delivery of construction materials, the project costs are expected to be higher. The ArchSD is still reviewing the estimates of these three proposed projects, and will evaluate their cost effectiveness, endeavours to seek feasible options to lower construction cost.
     
    (2) When planning for the provision of public toilets, the Government will consider various factors, including the number of existing nearby public toilets (including public toilets managed by government departments and public toilet facilities in private premises like shopping arcades), utilisation rates, land requirements, feasibility (for example water and electricity supply, and sewage treatment, etc), as well as the opinions and requests of nearby residents, local community and District Councils.
     
    (3) Building (Standards of Sanitary Fitments, Plumbing, Drainage Works and Latrines) Regulations (Cap. 123I) provides for the statutory standard for ratio of male to female (1:1.5) in the provision of sanitary fitments in newly introduced public places (for example sports stadia, shopping arcades and department stores) in private buildings.
     
         As for public toilets managed by government departments, relevant departments will consider actual conditions of individual public toilets, including the location and size of the public toilet, as well as users’ needs and stakeholders’ views, and increases the female ratio of sanitary fitments when needed.
     
    (4) Public toilets at tourists attractions and boundary control points (BCPs) are individually or jointly managed by different government departments (including the FEHD, the LCSD, the AFCD, the Government Property Agency, and departments relevant to the BCPs), or delegated third parties (for example the MTR Corporation Limited). Government departments respectively monitors the usage of public toilets under their management, and will suitably follow up as necessary, including adjusting the inspection and cleaning frequencies. Departments have not maintained relevant statistics.
     
    (5) The DEVB stated that the scope of works, site location, site constraints and construction methods vary for each public toilet improvement, refurbishment, enhancement or reprovisioning project. The design and construction of each project will be appropriately adjusted to suit its unique characteristics. As such, construction cost and proportion of expenses such as labour, machinery, materials and consultancy fees, vary. The ArchSD generally will reserve approximately 10 per cent of the cost in the budget of each project as contingency, so to address needs for unforeseen adjustments.
     
    (6) When the ArchSD constructs, refurbishes or enhances public toilets for government departments, it carries out regular inspections, manages the progress of projects, and also provides temporary toilet facilities for public toilets affected by the construction works having considered relevant departments’ requirements.
    Issued at HKT 12:45

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  • MIL-OSI Asia-Pac: LCQ13: Cross-boundary public transport services

    Source: Hong Kong Government special administrative region

    Following is a question by the Hon Chan Hak-kan and a written reply by the Secretary for Transport and Logistics, Ms Mable Chan, in the Legislative Council today (June 25):

    Question:
    (1) of the respective design flows, including passenger and vehicular flows, and actual flows (set out by weekdays and holidays) of various land boundary control points (BCPs) (excluding rail-based ones) at present (set out in a table);

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  • MIL-OSI Asia-Pac: HKMCA launches “Panda Mode ON!” public education campaign

    Source: Hong Kong Government special administrative region – 4

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

         HKMC Annuity Limited (HKMCA), a wholly-owned subsidiary of The Hong Kong Mortgage Corporation Limited, announced today (June 25) the launch of a six-month “Panda Mode ON!” public education campaign, which uses the joyful, worry-free lifestyle of pandas as a metaphor to showcase retirement financial planning concepts and encourage retirees to achieve a stable and prosperous “Panda Mode” retirement through the creation of a lifelong income stream.
     
    The HKMCA is launching a series of promotional activities including television commercials, outdoor, online and social media advertising across multi-media channels starting this month. Public education and outreach activities will also be held across Hong Kong, including a booth at the “10th Golden Age Expo and Summit 2025”, five “Well-Planned for Life. Stable for Life” roving exhibitions at the Ocean Park Hong Kong and major shopping malls in various districts, together with a promotional truck and information panels, to help promote the importance of retirement financial planning. For details of the outreach activities, please refer to the annex.
      
    To reinforce public understanding of the HKMC Annuity Plan (Plan) and longevity risk management, the HKMCA is also expanding the “Mr. Well-Planned” series. In addition to utilising relatable day-to-day scenarios to highlight the key features of the Plan through television commercials, a new “Answer with One Click” webpage (www.hkmca.hk/eng/QnA) has been launched to provide the public with a convenient way to access answers to frequently asked questions.
     
    For more information, please visit the HKMCA website (www.hkmca.hk) or the Facebook page (www.facebook.com/HKMCAnnuity). For enquiries, please call the HKMCA customer service hotline at (852) 2512 5000.

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