Source: Hong Kong Government special administrative region
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) announced today (February 28) the list of banks for the RMB Trade Financing Liquidity Facility (RMB TFLF) in Phase 1 (see Annex), effective from today.
About RMB50 billion of the total size of RMB100 billion of this facility has been allocated to the participating banks. A specific quota is assigned to each bank based on the pipelines as expected by the bank, and referencing the bank’s existing scale of relevant business, among other factors. The banks can now apply for RMB funds from the HKMA from today through the RMB TFLF based on their provision of RMB trade finance to corporate customers within the assigned quota.
The HKMA will closely review the implementation of the RMB TFLF, including its operation, banks’ RMB trade finance activities and facility usage, as well as market development needs. Subject to the operation of the facility and market demand, we plan to proceed to the next phase of quota allocation around the middle of this year. Banks not yet ready in Phase 1 are encouraged to continue developing their RMB trade finance business so as to be ready to join in later phases. Terms and operation details of the RMB TFLF are found in this Circular.
Regional Director for the ILO in the Pacific – Mr Martin Wandera,
ILO Officials from Fiji and the National ILO Coordinator in Samoa,
Members of the Samoa National Tripartite Forum (SNTF),
Members of the National Occupational Safety and Health (NOSH) Taskforce,
Members of the Child Labour Taskforce,
Senior Executives of Government Agencies, Private Sector and Non-Government Organizations,
Distinguished Partners and Guests;
Talofa lava with a smile,
A smile is one of the identities of the Pacific people which is part of our great hospitality to welcome all visitors to our beautiful shores.
It is a new day and further testament to the merciful Grace of our Father in Heaven, through His divine leadership and protection over our great nation.
In particular, the Government of Samoa and its people welcome the ILO Regional Director in the Pacific, Mr Martin Wandera with warm greetings from another Pacific Island, the paradise and the pearl of the Pacific, Samoa, Talofa lava.
I am sure we are joined in the belief that Samoa is a blessed nation, mostly when we continue to witness on a daily basis the suffering and grief we have been spared from, the long effect of Covid-19, Whooping Cough, climate change crisis, and all its worst scenarios we foresee on media or surrounding environment in the face of developments. Yet; we are here today, building a strong future, the future of decent work and commitment to fair labour conditions for our people and for all.
Todays’ event marks another milestone for the signing of our fourth Decent Work Country Program since Samoa became a member of the ILO. The government can not achieve the set priorities under this program without the support and contributions from our employers and workers, civil society and all others. They have played a major role to ensure public and private partnerships as well as employer and employee relationships define how we effectively implement this program as we did in the previous programs. With any labour work; we encounter problems, and with problems, we learn lessons and educate ourselves to come up with solutions.
The Decent Work Country Programs (DWCP) is the framework for delivering ILOs support to promote Decent Work for all of its member countries. The priorities of the DWCP are aligned with the Pathway for the Development of Samoa, the United Nations Pacific Sustainable Development Cooperation Framework 2023-2027, and its contribution to achieve the 2030 Agenda of the Sustainable Development Goals.
We acknowledge the ongoing determinations and commitment by the ILO in supporting the labour system in Samoa through a variety of activities and the development of this new DWCP. However, the end of a tunnel, is the beginning of a new journey. The journey of ensuring implementation and planning and evaluations are in good grounds, for the future of Samoa in decent work programs.
In addition, we acknowledge the great effort and contributions from our stakeholders in the government, private sector, civil societies and everyone who have played their part to ensure we achieve the priority areas of our Decent Work Country Program within the next four years. Without your deep assurance and support, our goals could not be achieved.
May our Lord be the center of every work we do, so that the achievements of our work today, will be enjoyed by our people living tomorrow.
I wish you all a pleasant day.
God Bless
Faafetai tele lava
Saunoaga Autu Afioga i le Minisita o Pisinisi, Alamanuia ma Leipa le afioga Faleomavaega Titimaea Tafua i le sainiga o le Lona 4 o Polokalame ma Galuega Talafeagai a Samoa 2024-2028
Faatonu Sili a le Faalapotopotoga Faavaomalo o Leipa i le Pasefika, Mr Martin Wandera;
Faapea ma ana Ofisa Soo Upu mai le Malo o Fiti ma Samoa nei
Sui ole Fono Aoao Faatafatolu o Samoa
Sui a le Komiti Faafoe o le Saogalemu ma le Soifua Maloloina i Samoa
Sui o le Komiti Faafoe mo le Faafaigaluegaina o Fanau
Ofisa Sili o Matagaluega ma Ofisa a le Malo, Pisinisi Tumaoti ma Faalapotopotoga Tumaoti
Ma le mamalu i Paaga ma Valaaulia
Talofa Lava ma le laufofoga fiafia,
Manatu o lenei faamoemoe, o lea ua tufala tulima le lupe sa talifau i le atu folasa o Tupu, ina ua mae’a ona megamega i tafua le aneanea, ae fa’atili foemuli le Tautai sa fai ma To’o taumua; ma le folauga ua tutaga eleele i lenei taeao ua manū to mai lagi. Malo afua; malo ua maua ile Alofa ma le Agalelei ole Silisili Ese.
O paia ole taeao ma le aso e le toe faafuluina faa-ie se’ese’e a matuau’u, aua e tala-tau Toga, ae tala Tofi Samoa, ile afua mai ile matāsaua ole Tuimanua, se’ia pā’ia le si’uolefanua na malele ai le Nafanua, tali i Lagi se Ao o lou Mālo. E Faigata Tama ma o latou Aiga, Aiga foi ma Tama, usoga Tumua ma Pule, Ituau ma Alataua, Aiga i le Tai ma le Vaa o Fonoti. Ae matua le tu’u le aufai tatalo isi o tatou atunuu, Tulou, tulouna lava.
Ua tatou aofia poto i lenei taeao, sei o tatou molimauina le sainiga o le lona 4 o Polokalame mo Galuega Talafeagai (DWCP) a Samoa, e faavae mai i fuafuaga a le Faalapotopotoga Faavaomalo o Leipa mo ona sui auai. E faafetaia ai le lagolagosua a sui ole Fono Aoao Faatafatolu a Samoa (SNTF), sui o Komiti Faafoe ole Saogalemu ma le Soifua Maloloina faapea ma le Faafaigaluegaina o Fanau, o matagaluega ma faalapotopotoga a le Malo, ma le Vaega tumaoti, aua le lauliliuina o lenei polokalama ina ia ‘ausia matāti’a ua faata’atitia, mo le atinaeina o galuega e gafatia ma talafeagai aua se soifua manuia o nai o tatou tagata.
Taumeasina Island Resort, Tuesday 18 February 18:30pm
Talofa lava and good evening to you all.
I am happy to join you this evening to bid farewell to Mr. Themba Kalua, who has served with dedication and commitment as the United Nations Resident Coordinator for Samoa, Cook Islands, Niue, and Tokelau.
Let me first of all acknowledge the successful conclusion of the Government of Samoa–UN Country Implementation Plan (CIP) Workshop today, which brought together government officials, UN agencies, and stakeholders to set the priorities for our cooperation over the next three years. I am grateful to all who contributed their time, expertise, and insights to this important process.
Mr. Kalua, your tenure has been marked by steadfast leadership in strengthening the partnership between Samoa and the United Nations. Your efforts have added to Samoa’s voice and priorities being heard in regional and global discussions; your advocacy has led to increased UN technical expertise and engagement in areas important to our national development.
Notably, your tenure, though shortened, has fostered a more coordinated and integrated UN engagement, aligning with the UN Secretary-General’s reform agenda, which Samoa has strongly supported.
I would like to highlight three significant achievements of your tenure:
1️. Advancing Samoa’s SDG Implementation & National Priorities through the joint UN technical support for the preparation of Samoa’s Third Voluntary National Review (VNR), which was successfully presented at the High-Level Political Forum last year.
Additionally, we appreciate your support for the SDG Acceleration Initiative which the UN launched last year to help drive targeted actions in climate action including NDC 3.0, food systems transformation, gender-based violence, non-communicable diseases and economic development. The joint programs launched have reinforced collaborative, high-impact solutions to some of our development challenges.
2. UN’s Support to CHOGM 2024.
Samoa’s hosting of the Commonwealth Heads of Government Meeting (CHOGM) in October 2024 was a historic milestone. We thank you for your role in mobilizing and coordinating UN technical support to forums and events at CHOGM.
3. Hosting the UN Secretary-General in Samoa
Your leadership also ensured the successful hosting of the historic visit of the United Nations Secretary-General to Samoa last year. This visit reinforced the importance of Small Island Developing States (SIDS) in the global development agenda and reaffirmed Samoa’s role as a strong advocate for climate action, resilience, and sustainable development.
We are pleased to know that you will continue to influence the global agenda in ways that matter to Samoa and other SIDS in your new post.
Congratulations on your appointment as Director for the Pact for the Future Implementation in the Executive Office of the UN Secretary-General.
Samoa contributed to this landmark resolution, and we look forward to working with you in your new capacity to ensure that the unique challenges and aspirations of our region remain visible and well-supported at the highest levels of the UN.
We value our partnership with the United Nations, and I am confident that the Samoa UN Country Team will continue to build upon the strong foundation you and your predecessors have helped establish.
On behalf of the Government and people of Samoa, I would like to express my gratitude for your service to Samoa. We wish you all the very best and look forward to continuing our collaboration in your new role.
Representatives of Organizations of persons with disabilities from the Polynesian Sub Region,
President of the Nuanua o le Alofa,
Distinguished guests,
Ladies and gentlemen,
Talofa lava,
I am honored to deliver the Keynote Address as Prime Minister of the Independent State of Samoa, to officially open the Peer and Collective Learning (PCL) -Talanoa (Forum) for Polynesian Organisations of Persons with Disabilities (OPDs) 2025.
The Government of Samoa is committed to improving the lives of persons with disabilities. We are intentional to uphold the SDG mantra of ‘Leave No One Behind’ in our national development actions, our sectoral policies, programs and practices. Since ratification in 2016, we have taken concrete steps to implement the UNCRPD through our development efforts. The National Development Plan of Samoa demonstrates commitment to safeguard persons with disabilities across its priority areas. The National Disability Policy has translated the CRPD into national action to ensure that the rights of persons with disabilities are realised through services and access to opportunities for persons with disabilities and their families.
Some specific areas of progress are; disability disaggregated data with the Washington Group short set of questions in our 2016 and one of the first three countries in the Pacific to produce its disability monograph out of the census. Recently, in 2021, through the partnership with UN agencies and the strong leadership of Nuanua O Le Alofa (NOLA) we have implemented the cash transfer program to persons with disabilities. We acknowledge the commitment and leadership from Nuanua O Le Alofa in its advocacy in supporting and working alongside Government to make a difference to the lives of persons with disabilities and their families. Like many other countries in our Pacific, ensuring that persons with disabilities are part of National Development Plans is another top priority to Samoa.
I am told that this week you have your ‘peer and collective learning exchange program’, a platform established by the Disability Rights Fund to support your learning and cross learning amongst organisations of persons with disabilities in the Polynesia subregion. The dialogue this week or Talanoa as the Samoan say, is constructive dialogue to enable your learning, support your growth, enable your development is also key to our indigenous way of learning. I am sure you are here to share your experiences, knowledge and discuss solutions that you can take back home, solutions to remove barriers, influence systems and processes and ensure that we as Government are inclusive of persons with disabilities and to understand your diverse needs, ensuring that NO ONE IS LEFT BEHIND in our communities.
From a Government’s perspective, this is also an opportunity to reflect on and celebrate the diverse initiatives that Governments within our sub region have to protect, promote and ensure the rights of persons with disabilities. To engage in constructive dialogue and to contribute to national developments and nation building as key partners and beneficiaries of these developments, whether its accessing health services, employment opportunities or any other mainstream services. I am aware that the Government must ensure that specific services such as sign language, peer support, carers or personal assistances are keys to your inclusion and participation.
I wish you well in your deliberations and learning this week. I now declare your meeting officially open.
[20th February 2025]- The Ministry of Natural Resources and Environment (MNRE) Samoa is pleased to announce a significant milestone in addressing Samoa’s growing e-waste issue. In partnership with Samsung Electronics New Zealand, Blue Orca, Echo, and the Samoa and Tokelau Association of Recyclers (S.T.A.R), over 12.9 tons of electronic waste (e-waste) have been successfully transported to New Zealand for responsible recycling.
E-waste continues to be one of the largest and most challenging waste streams in Samoa, with limited options available for safe disposal and recycling. The collaboration between MNRE, Samsung New Zealand, and other key partners marks a major step in addressing the environmental threat posed by e-waste, which contains toxic metals that can severely affect our natural ecosystems.
Under the Moana Taka Partnership initiative with Swire Shipping, 12,911 kg of e-waste were collected and shipped to New Zealand, where they will be recycled responsibly. This initiative prevented 76.35 kg of toxic metals from contaminating the soil and reduced greenhouse gas emissions by 3,702 kg, providing significant environmental and community benefits.
Samoa’s participation in this program follows a 2024 assessment conducted by Blue Orca, which highlighted the limited local recycling infrastructure across the Pacific Islands. The findings emphasized the need for greater action in managing e-waste responsibly, as the region faces mounting environmental pressures.
“The initiative led by Samsung New Zealand and their partners is a crucial step in protecting Samoa’s environment. With e-waste being one of our most significant waste streams, this partnership plays an essential role in ensuring that we handle electronic waste in a responsible and sustainable way”
This is the message from the Waste Management and Pollution Control Division of the MNRE. Furthermore, the Ministry is committed to working with all stakeholders to create solutions that reduce waste and promote sustainability across the nation.
The program also aligns with MNRE’s ongoing efforts to address waste management and environmental protection in the Pacific Islands. It complements the Ministry’s broader strategy to minimize harmful waste, raise awareness on environmental conservation, and foster regional cooperation on sustainability issues.
Samsung New Zealand’s commitment to sustainability, alongside its ongoing collaboration with local organizations like Echo, has already seen the successful recycling of over 73 tonnes of e- waste in New Zealand through collection drives and awareness campaigns.
“We are proud of our ongoing partnership with MNRE Samoa and local stakeholders like S.T.A.R., who play an integral role in this initiative,” said Shannon Watts, Marketing Director for Samsung Electronics New Zealand. “Together, we are taking tangible steps toward mitigating the environmental impact of e-waste in Samoa and the broader Pacific region.”
The Ministry encourages the public to continue supporting these efforts by responsibly disposing of their electronic waste and participating in future recycling programs. As we move forward, MNRE Samoa will continue to work closely with international and local partners to strengthen Samoa’s waste management infrastructure and foster a more sustainable future for all Samoans.
APIA, Samoa – Samoa Airways would like to address the false and damaging allegations made by an individual named Mau Hunt this week regarding the transport of an empty coffin from Pago Pago, which he claims contained illegal drugs. These claims are entirely unfounded, and we would like to clarify the situation for the public and our valued customers.
Samoa Airways has strict guidelines and processes in place to ensure the safe and respectful transport of human remains, should a coffin need to be transported on one of our aircraft. All coffins transported by Samoa Airways are accompanied by family members or authorized representatives, and the entire process is fully documented and compliant with all applicable laws and regulations.
We want to emphasize that Samoa Airways has never transported a coffin in the manner described by Mr. Hunt, and there is no truth to the allegations of drug trafficking associated with any cargo we have handled. The safety and security of our passengers and cargo is a top priority, and we take any attempt to undermine the integrity of our operations seriously.
These allegations not only harm the reputation of Samoa Airways, but they also erode the trust that the public has in the professionalism and dedication of our staff. In light of the severity of these false claims, Samoa Airways is referring the matter to the Police. We are committed to fully cooperating with any investigation and will take all necessary steps to protect the integrity of our airline.
We strongly advise against the circulation of misinformation that could damage the trust and reputation of Samoa Airways, as well as the livelihoods of our dedicated employees.
We remain committed to providing safe, reliable, and professional services to our passengers, and we thank our customers for their ongoing trust and support.
Source: Hong Kong Government special administrative region
Korean F&B delegation visits Hong Kong to explore business opportunities (with photos) Korean F&B delegation visits Hong Kong to explore business opportunities (with photos) **************************************************************************************
Subsequent to the visit by the Director-General of Investment Promotion at Invest Hong Kong (InvestHK), Ms Alpha Lau, to Seoul, Korea, last week (February 20 and 21) to promote Hong Kong’s business advantages, a delegation of Korean food and beverage companies visited Hong Kong from February 25 to 27 to explore business opportunities in the city. InvestHK and its Korean office, in collaboration with the Hong Kong Economic and Trade Office (Tokyo) and Korea Franchise Association, co-organised a three-day business delegation trip. The visit facilitated exchanges between the Korean and local food and beverage (F&B) companies, further promoting business opportunities in Hong Kong’s F&B industry. On the first day of the trip, the Head of Tourism and Hospitality at InvestHK, Ms Sindy Wong, shared Hong Kong’s business advantages and the local F&B market landscape with the delegation, helping companies gain a deeper understanding of the city’s business environment. The event featured a series of themed seminars, networking sessions and business matching opportunities with local restaurant operators. The seminars included case studies and insights into the retail property market. Additionally, the delegates visited Tai Kwun, Soho, and Tsim Sha Tsui to gain first-hand insights into the latest developments in Hong Kong’s F&B and retail property scene. These visits also provided an opportunity for them to explore the potential for Korean specialty cuisine to enter and thrive in the local market. “Hong Kong and Korea have for a long time enjoyed strong ties across many areas, including trade, investment, tourism, and cultural exchanges. We are a city of culinary delights, with over 17 000 places for food, including 79 Michelin-star restaurants, six of Asia’s 50 best restaurants, and nine of Asia’s 50 best bars,” said Ms Lau. At the welcome dinner on the first day of the trip, Ms Lau warmly welcomed the Korean business delegation and said, “We hope the delegation finds the programme useful and makes great business connections, and also new friends, on this trip. We are confident that they will find partners to establish their restaurants here and join our exciting F&B scene in the near future.” Seeing that the visit concluded successfully with a fruitful outcome, the Principal Hong Kong Economic and Trade Representative (Tokyo), Miss Winsome Au, stated, “Our office is pleased to drive this first Korean business delegation mission to Hong Kong. Indeed, Korean cuisine is garnering increasing attention in Hong Kong, thanks to the global popularity of K-culture. Our office will continue our efforts in supporting this joint initiative of promoting mutual understanding between Hong Kong and Korean companies, and we hope that these efforts will lead to more investment and collaboration in various fields.” The Chief Executive Officer of PSP F&D Co Ltd, Mr Park Sangyoung, stated, “The vibrant dining atmosphere in Hong Kong makes it an ideal platform to showcase Korean culinary culture. We are very optimistic about the market prospects. This event has given us the opportunity to share Korea’s diverse food culture and also helped us build valuable partnerships with Hong Kong’s F&B industry. This will serve as a solid foundation for our future expansion into Hong Kong and the wider Asian market.” The Chief Executive Officer of ALL F&B Co Ltd, Mr Bang Kyoungseok, added, “Hong Kong consumers’ passion for Korean cuisine, along with their high standards for food quality, perfectly aligns with our brand philosophy. We understand more about the Hong Kong market through this event and will start planning our development here. We look forward to bringing the most authentic Korean dining experience to Hong Kong.” The Chief Operating Officer of LUBUDS, Ms Berfa Chow, said, “Netflix’s Korean cuisine reality show ‘Culinary Class Wars’ has become globally famous, further boosting the popularity of Korean cuisine in Hong Kong’s dining scene. We are thrilled for the opportunity to explore collaboration with several renowned Korean restaurant groups. Combining their expertise with our in-depth local market knowledge, we are confident in delivering more top-notch, authentic Korean dining experiences to Hong Kong consumers while seizing this exciting market opportunity.” The Vice Chairman of Fulum Group Holdings Limited, Professor Keith Wu, stated, “From K-dramas and K-pop to Korean cuisine, Korean culture is going viral and young consumers show a strong appetite for authentic Korean dining. We are excited to explore collaborations with well-known Korean restaurant brands, aiming to strategically enhance our offerings with more Korean elements and further enrich our brand portfolio.”
The Government announced today that it received 27 expressions of interest (EOIs) submissions for the Smart & Green Mass Transit System (SGMTS) project in the Hung Shui Kiu/Ha Tsuen and Yuen Long South New Development Areas (NDAs).
The Transport Department explained that it, together with the Transport & Logistics Bureau, invited relevant system suppliers and operators to submit EOIs for the SGMTS project in the NDAs on December 20 last year.
The department said that the EOIs, after analysis, will serve as a reference for firming up the specific requirements and designs of the SGMTS and the relevant infrastructure, as well as ascertaining the delivery mode and financial arrangements of the project.
Once it makes reference to the views gathered, the Government can explore various procurement options and review the feasibility of shortening the overall programme of the project, the department added.
The Government plans to invite tenders for the project in 2026 and award the contract in 2027.
The statutory inspection of the company was conducted by RBI with reference to its financial position as on March 31, 2023. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the company advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions.
After considering the company’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the company were sustained, warranting imposition of monetary penalty:
The company charged interest on loans for a period prior to the date of actual disbursement of loan / issuance of cheque to certain borrowers in contravention of RBI directions on ‘Fair Practices Code’;
The company failed to classify certain loan accounts with overdues of 90 days or more as Non-Performing Assets (NPAs);
It classified certain loan accounts which were NPA as ‘standard asset’ without realisation of entire arrears of interest and principal amount due; and
It allotted multiple customer identification codes to certain individual customers instead of a Unique Customer Identification Code (UCIC) to each individual customer.
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the company with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the company.
Noon Briefing by Stéphane Dujarric, Spokesperson for the Secretary-General.
Highlights:
Secretary-General/Bangladesh
Secretary-General/Ramadan Message
Türkiye
Haiti
Ukraine
Sudan
Democratic Republic of the Congo/Jean-Pierre Lacroix
Democratic Republic of the Congo
Occupied Palestinian Territory
Lebanon
Staff Security
SECRETARY-GENERAL/BANGLADESH
Every year, the Secretary-General does a Ramadan solidarity visit, where he likes to visit and fast with a Muslim community, which is facing distress. He began this tradition when he was High Commissioner for Refugees. In his own words, the Secretary-General said that Ramadan embodies the values of compassion, empathy and generosity. It is an opportunity to reconnect with family, with community and a chance to remember those less fortunate. These missions are to remind the world of the true face of Islam.
This year, the Secretary-General will be going to Bangladesh from the 13-16 March. He will travel to Cox’s Bazaar to join an Iftar and meet with Rohingya refugees who have been forcibly displaced from their homes in Myanmar, and also, of course, with the host Bangladeshi communities who have been generously in hosting the refugees from Myanmar.
During his visit, he will also be in the capital of Bangladesh, Dhaka, where he will meet with the Chief Adviser for the interim government, Professor Muhammed Yunus, as well as with young women and men and representatives from civil society.
SECRETARY-GENERAL/RAMADAN MESSAGE
In his annual message at the start of Ramadan, the Secretary-General expressed a special message of support to all those who will spend this sacred time in displacement and violence. From Gaza and the wider region, to Sudan, the Sahel and beyond.
The Secretary-General stands with all those who are suffering and joins those observing Ramadan to call for peace and mutual respect.
TÜRKIYE
On the reports coming out of Türkiye regarding Abdullah Öcalan, the imprisoned leader of the Kurdistan Workers Party, the PKK, and his message calling for fighters to lay down their arms and the PKK to dissolve itself, the spokesperson said that the Secretary-General welcomes this important development. This represents a glimmer of hope, which would lead to the resolution of a long-standing conflict.
HAITI
The World Food Programme (WFP) today said that, as part of their emergency response in Haiti, they continue to provide critical food assistance, cash-based transfers, and hot meals across the Artibonite, Nord, and Ouest departments. This includes $1.2 million in cash assistance, as well as nearly 3,000 meals distributed in border regions to Haitians deported back to their country.
Last week, the WFP organized the first of two humanitarian cargo flights from Panama City to Port-au-Prince. This was the first humanitarian cargo flight to land at the Port-au-Prince airport since its closure lastNovember.
The flight carried medicines, vaccines, and medical supplies for eight humanitarian organizations. A second flight is scheduled in about one month.
Full highlights: https://www.un.org/sg/en/content/noon-briefing-highlight?date%5Bvalue%5D%5Bdate%5D=27%20February%202025
I warmly welcome you all to India. The engagement of the EU College of Commissioners with a single country on such a broad scale is unprecedented.
It’s the first time that so many of my ministers have collected together for any bilateral discussions. I remember how you said that India and the EU are natural partners at the Raisina Dialogue in 2022. And that strengthening and energizing ties with India, will be a priority for the EU in the coming decade.
And now, you’re visiting India at the very beginning of your new term.This is a milestone moment for India and the EU.
Excellencies,
The world is currently undergoing unprecedented change. AI and emerging technologies are leading to socio-economic transformations.
Geo-economic and political circumstances are rapidly evolving. And old equations are breaking down. In times like these, the partnership between India and the EU becomes even more important.
A shared belief in democratic values, strategic autonomy, and rule-based global order unite India and the EU.Both countries are mega diverse market economies. In a sense, we are natural strategic partners.
Excellencies,
India and the EU have completed twenty years of strategic partnership. And with your visit, we are laying the foundation for the next decade.
In this context, the remarkable commitment shown by both parties is commendable. About twenty ministerial level meetings have taken place in the last two days.
The Trade and Technology Council meeting was also successfully organised this morning. Both teams will present a report on the ideas generated and the progress made.
Excellencies,
I would like to identify some priority areas of cooperation.
The first is Trade and Investment. It is crucial to conclude a mutually beneficial FTA and Investment Protection Agreement as soon as possible.
The second is strengthening the Supply Chain Resilience. Our capabilities can complement each other in sectors such as Electronics, Semiconductors, Telecom, Engineering, Defence, and Pharma.This will strengthen diversification and de-risking, and will aid in the creation of a secure, reliable and trusted supply and value chain.
The third is Connectivity. The IMEC Corridor launched during the G20 Summit is a transformational initiative. Both the teams must continue working on it with strong commitment.
The fourth is Technology and Innovation. To realise our shared vision of tech sovereignty, we must continue to make swift progress ahead. In areas such as DPI, AI, Quantum Computing, Space and 6G, both parties must work together to connect our industries, innovators, and young talents.
The fifth is Climate Action and Green Energy Innovation. India and the EU have prioritised the Green transition. Through cooperation in sustainable urbanization, water, and clean energy, we can become drivers of global green growth.
The sixth is Defence. We can fulfil each others’ needs through co-development and co-production. We must work to prioritise each other in export control laws.
The seventh is Security. There is a need for greater cooperation on challenges arising from terrorism, extremism, maritime security, cyber security and space security.
The eighth is People-to-People Ties. It should be a priority for both parties to make Migration, Mobility, Schengen Visas and EU Blue Cards simple and smooth. This stands to fulfil the needs of the EU. And India’s young workforce shall be able to make an even greater contribution to Europe’s growth and prosperity.
Excellencies,
For the next India-EU Summit, we must move forward with ambition, action and commitment.
In today’s AI era, the future shall belong to those who demonstrate vision and speed.
Excellency, I now invite you to share your thoughts.
Source: Hong Kong Government special administrative region
Following is the speech by the Deputy Secretary for Justice, Dr Cheung kwok-kwan, at the closing ceremony of the National Training Course for Talents Handling Foreign-related Arbitration (Hong Kong) today (February 28):
Mr Zhao (Vice Chairman and General Manager of China Legal Service (H.K.) Limited, Mr Zhao Zhenhua), distinguished guests, ladies and gentlemen,
Good afternoon. As we gather here today to conclude the National Training Course for Talents Handling Foreign-related Arbitration (Hong Kong), I am reminded of the saying that “time flies when you are having fun. It seems like just yesterday we were welcoming you to this Course. Yet, here we are, at the end of an enriching journey that has spanned several days of insightful lectures, engaging dialogues and practical experience.
First, I would like to express my sincere gratitude to the Ministry of Justice, the China University of Political Science and Law, and the China Legal Service (H.K.) Limited for their support and trust in the Hong Kong International Legal Talents Training Academy. We are deeply grateful for their support and assistance, which have been crucial to the success of this Course. I eagerly anticipate our continued collaboration and future endeavors together.
I would also like to extend my sincere gratitude to each of you for your active participation and valuable contributions. The thoughtful questions you asked, the insightful perspectives you shared, and the engaging discussions you participated in have all significantly enriched our collective learning experience.
As you may be aware of, the Supreme People’s Court and the Ministry of Justice of the People’s Republic of China have jointly issued the (Opinions on Giving Full Play to the Role of Arbitration to Serve the High-quality Development of the Guangdong-Hong Kong-Macao Greater Bay Area), expanding the scope of arbitration services regarding “Hong Kong-invested enterprises choosing Hong Kong Law” and “Hong Kong-invested enterprises choosing Hong Kong as the arbitration place.
The new measures, effective from February 14 of this year, include that (i) Hong Kong-invested enterprises registered in Shenzhen and Zhuhai may choose Hong Kong law as the applicable laws in contracts, regardless of the proportion of investment; and (ii) Hong Kong-invested enterprises registered in the nine Mainland municipalities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) may choose Hong Kong as the place of arbitration to resolve commercial disputes, in addition to being able to agree on the Mainland as the arbitration location.
These new measures implement the content of the Second Agreement Concerning Amendment to the Mainland and Hong Kong Closer Economic Partnership Arrangement Agreement on Trade in Services in October last year, providing investors and enterprises in the GBA with more and broader legal services options. They also establish a better, more diversified dispute resolution mechanism based on joint discussion, joint construction, and shared benefits.
The Opinions provide suggestions for accelerating the construction of world-class arbitration institutions in the GBA, establishing unified first-class arbitration rules and online negotiation and resolution platforms in the GBA, expanding the service areas of arbitration institutions in the nine Mainland municipalities of the GBA, improving the arbitration and succession mechanisms, as well as the judicial supervision mechanisms, and establishing a training mechanism for foreign-related arbitration.
The Department of Justice of the Hong Kong Special Administration Region will continue to actively co-operate with municipalities in the GBA to promote the integrated development, seeking to give full play to Hong Kong’s capability in nurturing foreign-related legal talents, and assist the country in providing more training for foreign-related talents.
As the Academy strives to continuously improve and enhance our training programmes, we would greatly appreciate your feedback on this Course. As you all hail from diverse backgrounds in government, universities, lawyers’ associations and enterprises, and are all leaders and experts in your respective fields, your insights and suggestions are very invaluable to us, helping us tailor future courses to better meet your needs and expectations.
As we move forward, let us continue to build on the connections and insights that we gained from this Course. I wish you all a safe journey back home, and continued success in your professional pursuits. Thank you very much.
Source: Hong Kong Government special administrative region
The Hong Kong Economic and Trade Office in Brussels (HKETO, Brussels) hosted vibrant Chinese New Year receptions across various European countries, marking the beginning of the Year of the Snake. The receptions, held in Luxembourg (February 12), Lisbon, Portugal (February 17), The Hague, the Netherlands (February 20), and Bucharest, Romania (February 25), were well-received by distinguished guests and partners.
The receptions provided an opportunity to reflect on Hong Kong’s achievements and share the city’s vision. HKETO, Brussels emphasised Hong Kong’s dynamic calendar of world-class events that solidify its reputation as “Events Capital of Asia”. Stepping into 2025 with great dynamism and enthusiasm, Hong Kong is set to host an array of high-profile events spanning business, sports, arts, and culture. “Hong Kong is entering the new year with energy and glamour, full of exciting events that highlight our dynamic cosmopolitan spirit,” stated the Special Representative for Hong Kong Economic and Trade Affairs to the European Union, Ms Shirley Yung.
In 2024, Hong Kong recorded 45 million international arrivals, nearly 10 000 foreign and Mainland companies, 2 700 family offices and 4 700 start-ups, demonstrating that Hong Kong remains a magnet for visitors and businesses alike. Hong Kong is poised for further success with upcoming initiatives, such as a lowered liquor tax, to enhance its appeal to international visitors and fulfil its role as the international financial, trade and shipping centre.
“Hong Kong’s distinct advantages were recognised in the latest international rankings,” Ms Yung said during the receptions, noting that Hong Kong is ranked among the world’s top three international financial centres, the freest economy in the world, and among the top five in global competitiveness. Ms Yung elaborated that global investors continue to have confidence in Hong Kong, as evidenced by the continuous inflow of funds and growth in bank deposits. The asset and wealth management sector in Hong Kong is also handling over US$4 trillion, representing more than a 30 per cent increase in six years.
HKETO, Brussels also highlighted Hong Kong as a hub for international cultural exchange, where East meets West. In Lisbon, guests experienced a unique cultural fusion centred on ballet that blends classical technique with contemporary sensibility, performed by Lam Chun-wing, a well-known Hong Kong-born ballet dancer, and an original transcription of Debussy’s “Prélude” for piano solo by the renowned French pianist Alexandre Tharaud. The performance was accompanied by breathtaking video projections specifically produced for the occasion, showcasing Hong Kong’s lesser-known natural landscapes and revealing a side of Hong Kong far removed from its urban reputation as a bustling financial hub of skyscrapers and dense modernity.
In The Hague, an ensemble of talented Hong Kong musicians presented a vibrant mix of popular cantopop songs and moving opera arias. The outstanding performance by the soprano and tenor singers, accompanied by keyboard, won enthusiastic applause from the audience.
The receptions in Luxembourg, Lisbon, The Hague and Bucharest brought together 700 guests, including officials from national governments, consulates and embassies, financial and business sectors, academia, cultural and creative sectors, media and the Chinese community. They were co-organised with Invest Hong Kong and the Hong Kong Trade Development Council; the Luxembourg Chamber of Commence and the China-Luxembourg Chamber of Commercefor the reception in Luxembourg, the Netherlands Hong Kong Business Association for the reception in The Hague, with the support of The Portugal-Hong Kong Chamber of Commerce and Industry for the reception in Lisbon, and the National Confederation for Female Entrepreneurship for the reception in Bucharest.
Source: Hong Kong Government special administrative region
Appointment of self-recommended youth members to Advisory Committee on Recycling Fund announced Appointment of self-recommended youth members to Advisory Committee on Recycling Fund announced ******************************************************************************************
The Government today announced (February 28) the appointment of Ms Melody Wong Yee-ting and Ms Syalis Kwok Mei-sin as new members to the Advisory Committee on Recycling Fund through the Member Self-recommendation Scheme for Youth (MSSY) for a term from March 1, 2025, to July 31, 2027. To facilitate the operation of the Recycling Fund, the Advisory Committee on Recycling Fund was established in August 2015 to advise and make recommendations to the Government on matters relating to the overall administration and operation of the Recycling Fund. Furthermore, the Government regularly recruits young persons aged between 18 and 35 who are eager to serve the community to join the Government’s advisory committees through the MSSY with a view to providing more opportunities for young people to participate in policy discussions. The membership of the Advisory Committee on Recycling Fund is as follows: ChairpersonDr Daniel Yip Chung-yin MembersMs Bonnie Chan Jo-yingMr Nathan Chau Cheuk-yinDr Chung Shan-shanMs Judy Ho Pui-SuenDr Amie Lai GorMr Nicholas Lai Yui-manDr Barry Lee Chi-hongDr Frank Leung Yat-cheongMr Yuet Ngai-keungDr Edward Chan Chi-wingMr Jude Chow Chee-pingMs Melanie Kwok Hoi-yeeProf Raymond Leung Hai-mingMs Sabrina Leung Heung-yingMr Harvey Liu Wing-taiMr Thomas Wong Cheung-chiMs Melody Wong Yee-ting*Ms Syalis Kwok Mei-sin* * New members appointed through the MSSY
Source: Hong Kong Government special administrative region
Speech by SCST at opening of The Hong Kong Institute of Architects Belt & Road International Symposium 2025 (English only) Speech by SCST at opening of The Hong Kong Institute of Architects Belt & Road International Symposium 2025 (English only) ******************************************************************************************
Following is the speech by the Secretary for Culture, Sports and Tourism, Miss Rosanna Law, at the opening of The Hong Kong Institute of Architects Belt & Road International Symposium 2025 today (February 28): President Julia Lau (President of the Hong Kong Institute of Architects), 葉副部長 (Deputy Director-General of the Department of Educational, Scientific and Technological Affairs of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region, Mr Ye Shuiqiu), 孟建民副理事長 (Vice Chairman of the Architectural Society of China, Dr Meng Jianmin), Ar Saifuddin (President of Architects Regional Council Asia, Mr Saifuddin Bin Ahmad), Ar Gonthier (President of International Union of Architects, Ms Regina Gonthier), distinguished guests, ladies and gentlemen, Good morning. It gives me great pleasure to join you this morning at the opening of The Hong Kong Institute of Architects (HKIA) Belt and Road International Symposium 2025. This is my first time attending an HKIA event as the Secretary for Culture, Sports and Tourism, but actually I am very happy to see many old friends in this distinguished audience. As an important strategy of the Central People’s Government, the Belt and Road Initiative has entered its golden era. Themed as “Cultiversal – The Tapestry of Cultural Diversity & Universality”, the Symposium today is held at an opportune time. I believe many of us would actually look forward to hearing from the prestigious speakers to share their insights on urban-rural integration, heritage and modernity, and other interesting topics on architecture. May I give a warm welcome to these elites from Hong Kong, the Mainland of China and seven other countries. In the coming two days, we will be exploring innovative possibilities for the future with a view to promoting Hong Kong’s architectural services to the Mainland of China and countries along the Belt and Road Initiative. Funded by the Professional Services Advancement Support Scheme set up by the Government of the Hong Kong Special Administrative Region, today’s Symposium aims at fostering the exchange of local and international professionals in the industry of architecture. The objective also aligns with the policy direction of the Cultural and Creative Industries Development Agency (CCIDA) under my Bureau. The CCIDA is dedicated to fostering a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. The architecture sector, being one of the major components of our robust cultural and creative industries, has been a close partner of the CCIDA. We have also sponsored the HKIA Biennale Foundation to organise the Hong Kong Collateral Event at Biennale Architettura – International Architecture Exhibition and Hong Kong Shenzhen Bi-City Biennale of UrbanismArchitecture (Hong Kong) to promote Hong Kong’s architecture in the international arena and to the local public. I am thrilled to learn that the Hong Kong Collateral Event has developed into a roving exhibition which also tours in one Belt and Road country and the Mainland of China in each edition. Speaking of the development of creative industries in Hong Kong, the Government promulgated the Blueprint for Arts and Culture and Creative Industries Development in November last year, setting out a clear vision, principles and strategic directions for the development of the industries, thereby further consolidating Hong Kong’s position as an East-meets-West centre for international cultural exchange. We will continue to support the cultural and creative industries, including the architecture sector, to tap into new markets and promote cultural exchanges, in particular with Belt and Road countries and regions. Before I close, I would like to congratulate the HKIA for organising another successful edition of the Symposium. Thank you.
Source: Hong Kong Government special administrative region
Lifesaving services at gazetted beaches in March Lifesaving services at gazetted beaches in March ************************************************
The Leisure and Cultural Services Department announced today (February 28) the following arrangements on lifesaving services for the period from March 1 to 31: Deep Water Bay Beach, Repulse Bay Beach, Stanley Main Beach, Big Wave Bay Beach, Clear Water Bay Second Beach, Silverstrand Beach, Silver Mine Bay Beach, Golden Beach, Lido Beach and Casam Beach——————————————————————————————————–Lifesaving services provided from 8am to 5pm daily The arrangements on lifesaving services in other months and at other gazetted beaches will be announced separately. Swimmers should pay attention to safety when enjoying the fun of swimming, and should only go to beaches where lifesaving services are provided. Please do not enter the water when the red flag is hoisted.
Source: Hong Kong Government special administrative region
The Government announced today (February 28) the appointment of Ms Serena Lau Sze-wan as the Chairperson of the Advisory Committee on Chinese Medicine Development Fund, as well as the appointment of 16 new non-official members and the reappointment of nine incumbent non-official members to the Committee.
The aforementioned appointments will take effect from March 1, 2025, for a term of two years.
The Secretary for Health, Professor Lo Chung-mau, welcomed the new Chairperson and members to the Committee. He also expressed gratitude to the outgoing Chairperson, Professor Douglas So Cheung-tak, for the Committee’s effective operation under his leadership over the past six years, making a valuable contribution to the development of the Chinese medicine (CM) sector. Professor Lo also thanked the outgoing members for their insights and contributions to the Committee during their tenure.
Officially launched in June 2019, the Chinese Medicine Development Fund (CMDF) is the first dedicated fund set up to support CM development, with the objective of enhancing the overall standard of the CM sector to promote the high-quality development of CM in Hong Kong on all fronts. Having regard to the needs of different stakeholders in the sector, the CMDF has launched various support programmes of different aspects to provide support in areas such as talent nurturing, quality enhancement, market development, public education as well as scientific research and innovation.
As of the end of January this year, an accumulative total of more than 8 800 funding applications were approved by the CMDF, benefitting more than 3 million members of the sector, the general public and relevant organisations, including registered and listed Chinese medicine practitioners (CMPs), CM drug personnel, CM clinics, manufacturers and wholesalers of proprietary Chinese medicines (pCms), retailers and wholesalers of Chinese herbal medicine (Chm), CM-related organisations, local universities and education institutions. Major achievements of the CMDF are listed below:
• Talent nurturing: Close to 3 500 CMPs and CM drug personnel have received subsidies to attend CM professional training programmes for continuously upskilling their professional knowledge and ability. The CMDF has also supported programme providers to design and organise innovative training projects, benefiting over 41 300 practitioners. The CMDF has supported 85 CMPs and CM drug personnel to participate in the Hong Kong Chinese Medicine Talent Training Programme co-organised by the National Administration of Traditional Chinese Medicine and the Health Bureau to cater for the need of establishing a talent pool;
• Quality enhancement: The CMDF has supported more than 550 CM clinics and 220 Chm retailers/wholesalers to upgrade their facilities and equipment with a view to enhancing service quality and the safety and quality control of CM drugs. The CMDF has also supported nearly 180 pCm manufacturers/wholesalers to engage consultancy services or technical support for over 760 pCm products, thereby levelling up the quality of Hong Kong-registered pCm products;
• Market development: The CMDF has provided subsidies for 12 Hong Kong-registered pCm products for external use to be registered and sold on the Mainland through streamlined approval procedures to promote industry development;
• Research and applied studies: The CMDF has supported the commencement of 72 CM research and applied studies projects which are instrumental in driving academic and clinical research as well as the professional and industry development of CM in Hong Kong; and
• Publicity and promotion: The CMDF has supported more than 1 100 CM publicity and public education activities of various forms, targeting audiences such as kindergarten, primary and secondary school students, and elderly persons.
The membership of the Committee with effect from March 1, 2025, is as follows:
Chairperson ———– Ms Serena Lau Sze-wan
Non-official members ————————— *Mr Au Ho-ting #Dr Chris Chan Kam-wa #Professor Chen Haiyong #Ms Rosanna Choi Yi-tak *Mr William Chung Wai-lim #Mr Fong Wai-leuk #Dr Gan Pei-tzeng #Ms Ada Ho Ching-ying #Dr Ku Ping-yui #Dr Kwok Tsz-kin #Mr Dominic Lam Chun-hong *Mr Lam Kar-yeung *Miss Anita Lee Yan-kwan #Ms Catherine Leung Chau-yung *Mr Samuel Li Hin-yeung *Mr Ling Kwan-yee #Mr Ling Wai-man *Mrs Vivian Mak Tang Wai-man #Professor Anderson Shum Ho-cheung *Dr Timothy Tam Tin-lok *Mr Sky Tang Man-chun #Dr Tse Man-li #Dr Tung Shong #Mr Harry Yeung Kwok-chun #Professor Jerry Yeung Wing-fai
Ex-officio members ——————– Representative(s) from the Health Bureau Representative(s) from the Department of Health Representative(s) from the Hospital Authority Representative(s) from the Innovation and Technology Commission
Unified Payments Interface (UPI) provides an opportunity to other countries to learn from the Indian experience – Professor Carlos Montes, Cambridge Business School UPI transactions in month of January, 2025 surpassed 16.99 billion and the value exceeded ₹23.48 lakh crore, marking the highest number recorded in any month
Posted On: 27 FEB 2025 11:01PM by PIB Delhi
Prof. Carlos Montes, who is on a tour to India for attending and speaking at the NXT event at the Bharat Mandapam tomorrow, was briefed about the working and achievements of UPI system, today.
Prof. Carlos leads the Innovation Hub for Prosperity at the Cambridge University Business School.
A presentation on UPI was given by the DFS and NPCI Team to Prof. Carlos Montes about the functioning, success and trends of UPI in India. In the briefing, senior officers from the Department of Financial Services (DFS), M/o Finance including Shri Sudhir Shyam (Economic Adviser) and Shri Jignesh Solanki (Director) were present among others.
Unified Payments Interface (UPI) provides an opportunity to other countries to learn from the Indian experience and get ideas on how to adopt it in their own countries, said Professor Carlos Montes, Lead Innovation Hub, University of Cambridge Business School
For the first time, UPI transactions in the month of January, 2025 surpassed 16.99 billion and the value exceeded ₹23.48 lakh crore marking the highest number recorded in any month.
After the demonstration, Prof. Montes said that he was glad to see the success of the UPI payment system. The growth of UPI shows that the government is making sure that the technology that they develop is user friendly for citizens, and that there is a regular and constant innovation in the same which explains the high adoption rate of UPI in India, Prof. Montes added. He further said that it also has potential for other countries to learn from the experience and get ideas on how to adopt it in their own countries.
For FY 2023-24, the digital payments landscape has demonstrated remarkable expansion. UPI remains the cornerstone of India’s digital payment ecosystem contributing to 80% of the retail payments across the country. The total transaction volume exceeded 131billion and the value exceeded ₹200lakh crore for the FY 2023-24. Its ease of use, combined with a growing network of participating banks and fintech platforms, has made UPI the preferred mode of real-time payments for millions of users across the country.
As of Jan, 2025, 80+ UPI Apps , 641 banks are currently live on UPI ecosystem.In FY 24-25 (till Jan, 2025), the P2M transactions contribute 62.35% and P2P transactions contribute 37.65% of the overall UPI volume.The contribution of P2M transactions reached 62.35% in Jan, 2025 where 86% of these transactions are upto a value of INR 500. This indicates the trust that UPI enjoys among citizens for making low value payments.
UPI: Transactions (by Volume in mn) for Jan’2025
UPI Global Expansion:
Shri Sudhir Shyam, Economic Adviser at Department of Financial Services (DFS) said that India’s digital payments revolution is extending beyond its borders. UPI is rapidly expanding globally, enabling seamless cross-border transactions for Indians traveling abroad. Currently, UPI is live in over 7 countries, including key markets such as [UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius], allowing Indians to make payments internationally. This expansion will further bolster remittance flows, improve financial inclusion, and elevate India’s stature in the global financial landscape.
Sh. Sundar also said that some other countries have also shown interest in UPI.
Demonstration of UPI
Sh. Jignesh Solanki added that while volume of total online transactions have increased massively over the years, the share is taken by UPI mainly due to ease and low cost of the transactions. Government is focussed on bringing new innovations that will help UPI expand in uncovered areas as well.
The session ended with a small demonstration of working of UPI to the delegation as well.
Strengthening India-EU Cooperation: WCD Minister Smt. Annpurna Devi Meets European Commissioner for Equality, Preparedness & Crisis Management, Ms.Hadja Lahbib Meeting marked a significant step towards reinforcing India-EU ties in promoting policies for women empowerment and collaborative efforts for the welfare of women and children
Posted On: 27 FEB 2025 10:03PM by PIB Delhi
The Union Minister of Women and Child Development, Smt. Annpurna Devi, met with Ms. Hadja Lahbib, European Commissioner for Equality, Preparedness, and Crisis Management, today at Shastri Bhawan, New Delhi. The meeting was part of the high-level visit of the President of the European Commission, Ms. Ursula von der Leyen, who is accompanied by the College of Commissioners, comprising 26 Ministers, during their visit to India from 27th to 28th February 2025.
During their discussions, Union Minister Smt. Annpurna Devi and Commissioner Ms. Hadja Lahbib explored avenues to strengthen India-EU collaboration in the areas of women’s empowerment, and child welfare. Both leaders reaffirmed their commitment to fostering inclusive policies that enhance the well-being of women and children, particularly those from vulnerable and marginalized communities.
Smt. Annpurna Devi highlighted key initiatives of the Government of India, including Mission Shakti, Beti Bachao Beti Padhao, and various other schemes & programs aimed at financial and digital inclusion, entrepreneurship, and increasing women’s participation in decision-making and leadership roles. She emphasized India’s unwavering commitment to building a safe and inclusive society where women and children can thrive.
Ms. Hadja Lahbib commended India’s progress in women empowerment and reiterated the European Union’s commitment to strengthening partnerships in this domain. She underscored the importance of international cooperation in addressing global challenges related to women empowerment and crisis response.
The meeting marked a significant step towards reinforcing India-EU ties in promoting policies for women empowerment and collaborative efforts for the welfare of women and children.
Union Minister Smt. Annpurna Devi also emphasized that India, under the visionary leadership of Prime Minister Shri Narendra Modi, is advancing with the vision of Women-Led Development to realize the goal of Viksit Bharat.
Source: Hong Kong Government special administrative region
The Government published in the Gazette today (February 28) the Inland Revenue (Amendment) (Tax Deductions for Assisted Reproductive Service Expenses) Ordinance 2025 (Amendment Ordinance) to amend the Inland Revenue Ordinance to introduce a tax deduction for assisted reproductive (AR) service expenses under salaries tax and personal assessment, with immediate effect. The relevant bill was passed in the Legislative Council on third reading on February 19 this year. The tax deduction is applicable to qualifying AR service expenses paid starting from the year of assessment 2024/25.
All AR services received for medical reasons are qualifying AR services for claiming the tax deduction, meaning the following two categories of persons are eligible to claim tax deduction for relevant expenses:
(i) infertile couples or persons under specified circumstances, including persons undergoing sex selection of embryos to avoid sex-linked genetic diseases, or single persons continuing to receive a procedure where gametes were, or an embryo was, placed in the body of a woman pursuant to the procedure when they were the parties to a marriage; and
(ii) cancer patients or any other patients who may be rendered infertile as a result of chemotherapy, radiotherapy, surgery, or other medical treatment.
Expenses paid by a taxpayer, by the taxpayer’s spouse (who is not living apart from the taxpayer), or by both of them for the qualifying AR services are allowable deductions for the taxpayer. The maximum amount of deduction allowable for a year of assessment is $100,000. For married taxpayers, the maximum amount of deduction allowable for both the taxpayer and the spouse is $100,000 in total.
The Inland Revenue Department may request the taxpayer to provide the Proof of Qualifying AR Service Expenses in support of the deduction claimed. The Government has published a standard form of the Proof, which is available on the website of the Council on Human Reproductive Technology (CHRT) (www.chrt.org.hk/english/publications/files/form_of_proof.pdf). For members of the public who have paid for the abovementioned qualifying AR service expenses on or after April 1 last year (regardless of whether such services were received in the current year of assessment), and intend to claim tax deductions for such expenses, they may now obtain the Proof retrospectively from centres holding an artificial insemination by husband licence, a treatment licence or a storage licence issued by the CHRT (licensed centres). The Proof should be signed by a registered medical practitioner who holds clinical responsibility for the relevant reproductive technology procedure, certifying the date and amount of qualifying AR service expenses paid by the taxpayers for their tax deduction claims.
Members of the public may visit the Inland Revenue Department’s website (www.ird.gov.hk/eng/tax/ars.htm) for more information on tax deductions for AR service expenses. Information on the licensed centres is available on the CHRT’s website (www.chrt.org.hk/english/licensed/licensed.html).
Apia, Samoa – Samoa Airways wishes to address recent concerns regarding our drug testing program and reiterate our unwavering commitment to safety and the well-being of our passengers and employees. Safety is our top priority, and we will not compromise on this core value.
Safety First
At Samoa Airways, we prioritize safety above all else. Recent flight cancellations, while inconvenient, are a testament to our commitment to maintaining the highest safety standards. We understand the disruption this may have caused to our passengers, and we sincerely apologize for any inconvenience. However, these measures were necessary to ensure the safety and security of our operations.
Drug Testing Program
In October 2024, Samoa Airways implemented a comprehensive drug and alcohol testing policy for all staff members. This policy is a crucial step towards enhancing the safety and well-being of our passengers and employees. Our recent drug testing, conducted by the Scientific Research Organisation of Samoa (SROS), revealed that 10 percent of the tested staff returned positive results for illegal and prescriptive substances and alcohol. This is a reflection of a broader societal issue that affects not just Samoa, but communities worldwide.
Immediate Actions
Upon receiving the results, we took immediate action. Three staff members who tested positive for illicit drugs have been stood down pending a final decision from our board. Six employees who tested positive for alcohol have been issued warning letters and have been retested and we are awaiting results. The pilot who was tested positive for a prescriptive drug (sleeping pill) was also stood down, has been retested and returned with a negative result and will be allowed to fly. We are committed to supporting our employees through this process and will provide the necessary Resources to address these issues.
Commitment to Partner Airlines
As the ground handler for major international carriers like Air New Zealand, Qantas, and Fiji Airways, Samoa Airways is acutely aware of the necessity to uphold a safe, drug-free environment. Our commitment to safety extends to our partner airlines, who rely on us to maintain the highest standards of operational safety. We are dedicated to mitigating the risk of accidents and ensuring optimal safety for all our operations.
Continuous Improvement
Samoa Airways is committed to continuous improvement in all aspects of our operations. We regularly review and update our safety protocols to ensure they remain effective and aligned with international best practices. Our team undergoes ongoing training to stay informed about the safety measures and procedures.
Community Support
We acknowledge that drug use is a complex issue that requires a collective effort to address. Samoa Airways is dedicated to playing our part in combating this problem. We collaborate with local authorities and health organizations to promote awareness and support initiatives aimed at addressing drug abuse.
Conclusion
We thank our passengers, partners, and the public for their understanding and support. Samoa Airways remains steadfast in our commitment to providing safe, reliable, and exceptional travel experiences. We will continue to prioritize safety and work tirelessly to maintain the trust and confidence of our valued customers.
END
Photo by the Government of Samoa (Leaosa Faaifo Faaifo)
Two different oceans were crowded with tropical cyclones in late February 2025. In the South Pacific, three storms were active at one point—an occurrence that is rare but not unheard of. Simultaneously, a trio of cyclones roiled in the neighboring Indian Ocean. Five tropical cyclones are visible in this false-color image, acquired on February 26 by the VIIRS (Visible Infrared Imaging Radiometer Suite) sensor on the NOAA-20 satellite. The image depicts infrared signals known as brightness temperature, which are useful for distinguishing cooler cloud structures (white and purple) from the warmer surface below (yellow and orange). The day before this image was acquired, a sixth storm, Tropical Cyclone Rae, was weakening east of the area shown here after bringing heavy rain to Fiji. Cyclones Alfred and Seru lurked alongside Rae in the South Pacific. Seru lingered offshore of Australia, reaching Category 1 strength on the Saffir-Simpson wind scale for a short time. Alfred was also forecast to stay offshore, according to the Australian Bureau of Meteorology, but was expected to bring hazardous coastal conditions to southern Queensland. The storm was at Category 2 strength on the day of this image but would intensify to Category 4 on February 27. Off Western Australia, Tropical Cyclone Bianca was on the tail end of its journey, having weakened to tropical storm status on February 26. The previous day, it had intensified to Category 3 but stayed far enough from land that mainland Australia and island communities were not expected to feel its effects. Bianca’s Indian Ocean cohabitants, Honde and Garance, posed more hazards to land. The island nation of Mauritius, east of Madagascar, shut down its airport on February 26 as Garance approached, according to news reports. The storm would strengthen from Category 2 that day to Category 3 the next, with wind speeds of 190 kilometers (120 miles) per hour. Meanwhile, Honde skirted south of Madagascar as a Category 1 storm. Heavy rain, strong winds, and storm surge were forecast for central and southern Madagascar, Mauritius, and Réunion island. Meteorologists noted that warm sea surface temperatures and weak wind shear conditions may have contributed to the proliferation of storms. A marine heat wave has lingered off of Western Australia since September 2024, and anomalously high sea surface temperatures warmed in the area in late February 2025. For the South Pacific, the Australian Bureau of Meteorology had predicted a higher-than-average likelihood of severe tropical cyclones this season due to expected warm ocean temperatures. Tropical cyclone season generally runs from November through April in the Southern Hemisphere. NASA Earth Observatory image by Michala Garrison, using MODIS and VIIRS data from NASA EOSDIS LANCE and GIBS/Worldview and the Joint Polar Satellite System (JPSS). Story by Lindsey Doermann.
Prof. Brian Greene renowned American Physicist and Professor of Mathematics & Physics, Columbia University visits IIT Delhi and interacts with students Rapid advancements in scientific innovation will position India as a global leader in S&T – Prof. Brian Greene
Posted On: 28 FEB 2025 5:34PM by PIB Delhi
Prof. Brian Greene, renowned Theoretical Physicist, Author, and Professor of Mathematics & Physics, Columbia University, visited Indian Institute of Technology (IIT) Delhi today and interacted with the students. Director of IIT Delhi, Dr. Rangan Banerjee, faculty and students were present at the event. Prof. Greene also visited the Research & Innovation Park of the Institute and appreciated the facilities.
While interacting with the students, Prof. Greene expressed his gratitude for the wonderful visit and the engaging discussions with both the faculty and students. He appreciated their energy, creativity, and zeal for innovation. He also emphasized that their keen interest in scientific and technological development is highly significant, as it will pave the way for a better future.
Acknowledging India’s rapid advancements in scientific innovation, Prof. Greene expressed his hope that this progress would position the country as a global leader in science and technology. He praised IIT as a world-class institute, highlighting the remarkable faculty dedicated to nurturing some of India’s greatest minds.
During the session, students posed intriguing questions, including where, in his opinion, subjects such as physics and mathematics diverge and converge, as well as inquiries about string theory. In response, he elaborated on his work related to the mathematics of string theory.
Prof. Greene visited the Research & Innovation Park of IIT Delhi. The establishment was inaugurated by President of India Smt. Droupadi Murmu during the Diamond Jubilee Celebrations of the Institute. It focuses on innovation and product development where IIT Delhi, industry, entrepreneurs and government agencies interact and enable creation of advanced technological solutions. The Park works towards accelerating research translation, providing avenues for IIT Delhi students and faculty to interact more closely with industry and bring to market technological breakthroughs through incubation, amplifying technological and societal impact of R&D, and galvanizing entrepreneurial aspirations. It has facilities including labs for start-ups, board rooms, conference hall, meeting and training rooms, etc.
Some due to ignorance, label our spirituality as superstition-VP
This is the land of Shyama Prasad Mukherjee….fortunate that the festering wound he saw, is no longer present in our Constitution-VP
In our culture, we have endured cruelty, invasions…When Nalanda was set on fire, just imagine what was destroyed!- VP
About 1200-1300 years ago..our cultural and religious centers were destroyed; despite everything India’s culture could not be eradicated, it is still alive today-VP
The answer to everything today can be found in Sanatan; Sanatan stands for inclusivity-VP
Sanatan does not believe in subjugation, if you surrender to Sanatan, you are not a captive, you become a free person, a free soul-VP
Greatest adornment for any country is not its wealth, but its culture-VP
Religion cannot be seen in a narrow, conservative manner; religion cannot be assessed within limited boundaries-VP
VP addresses the Closing Ceremony of 150th Birth Anniversary of Gaudiya Mission’s founder Acharya Srila Bhakti Siddhanta Saraswati Goswami Prabhupad
Posted On: 28 FEB 2025 5:24PM by PIB Delhi
The Vice-President, Shri Jagdeep Dhankhar today said that some due to ignorance are labelling our sacred elements like spirituality as superstition. Underlining that Sanatan stands for inclusivity, Shri Dhnakhar stated, “ Some people, due to ignorance or blindly pursuing the meaning of things, wrongly label our sacred elements, spirituality, as superstition.”
हर बात का जवाब आज के दिन सनातन में मिल सकता है!
Sanatan stands for inclusivity, Sanatan stands for universal goodness, Sanatan stands for supremacy of the soul, Sanatan does not believe in subjugation. If you surrender to Sanatan, you are not a captive, you become a free man, a… pic.twitter.com/CCKvZacrxE
“The answer to everything today can be found in Sanatan. What Sanatan teaches is essential for the system of today, no matter where in the world it is. Sanatan stands for inclusivity, Sanatan stands for universal goodness, Sanatan stands for the supremacy of the soul. Sanatan does not believe in subjugation. If you surrender to Sanatan, you are not a captive, you become a free person, a free soul”, he further stated.
कुछ लोग नासमझी, अनजाने में, अंधा-धुंध अर्थ प्राप्ति में लगने के कारण जो हमारे सात्विक तत्व हैं – Spirituality, इसको आडंबर कह देते हैं।
हमें कर्मयोगी बनना पड़ेगा and we will have to act in a manner to protect preserve and to some extent retreive and revitalise our civilisation… pic.twitter.com/9JjF67Sc1Z
“Religion cannot be seen in a narrow, conservative manner. Religion cannot be assessed within limited boundaries. We must understand the true meaning of religion, and only then will we realize that we all need to resolve to make India ‘Vishwa Guru’ once again. And India becoming the ‘Vishwa Guru is the greatest auspicious message for the world”, he added.
धर्म को रूढ़िवादी तरीके से नहीं देख सकते। धर्म को संकीर्ण दायरे में आकलन नहीं कर सकते। धर्म का अर्थ समझना पड़ेगा, और तभी अंदाजा होगा कि हम सबको कृतसंकल्प होकर भारत को फिर से विश्वगुरु बनाना है और भारत का विश्वगुरु बनना दुनिया के लिए सबसे बड़ा शुभ संदेश है।
Addressing the gathering at the closing ceremony of 150th Birth Anniversary of Gaudiya Mission’s founder Acharya Srila Bhakti Siddhanta Saraswati Goswami Prabhupad, Shri Dhnakhar said, “ In our culture, we have endured cruelty, invasions, and barbarism……What kind of barbarity, extremity, and reckless destruction of our religious places, our cultural symbols! When Nalanda was set on fire, just imagine what was destroyed! How many floors did Nalanda have, how many lakhs of books were there, and they were not just for India, but for the entire world. The progress of technology today has some connection to the knowledge stored in our treasure of wisdom”.
In his address he further stated, “This is the land of Shyama Prasad Mukherjee, who never compromised on nationalism. And what a huge sacrifice it was! Today, we are in a fortunate time, that the concerns Shyama Prasad Mukherjee had, his thoughts, his commitment to nationalism, and the festering wound he saw, is no longer present in our Constitution”.
यह श्यामाप्रसाद मुखर्जी की भूमि है, जिन्होंने राष्ट्रवाद से कभी समझौता नहीं किया। कितना बड़ा बलिदान दिया !
आज हम सुखद कालखंड में हैं, कि जो चिंता श्यामाप्रसाद मुखर्जी ने की थी, जो उनकी सोच थी, राष्ट्रवाद के प्रति कटिबद्धता थी, और जो नासूर उनको नजर आ रहा था, आज वह नासूर हमारे… pic.twitter.com/V4vstb5epL
Emphasising on the significance of culture and the need to preserve the cultural aspects of society, Shri Dhankhar underlined, “Today, we need our children to have an awareness of our culture. It is a positive sign that many programs are being conducted in this direction, but if there is one greatest adornment for any country, it is not its wealth, but its culture. Once the culture is disrupted, the decline cannot be stopped. Cultural aspects, all elements related to culture, their preservation, sustenance, and protection are crucial because they define India”.
भारत क्या है? हमारी संस्कृति इसको परिभाषित करती है !
आज के दिन हैं ऐसी ताकतें हैं, जो इस पवित्र भूमि पर कुदृष्टि रखती हैं। ऐसे मौके पर हमें सजग रहने की आवश्यकता है। हमारे मूल सिद्धांतों के प्रति प्रतिबद्धता दिखानी होगी।
“There was a time….when people from around the world came searching for knowledge, for light. Our institutions were of great repute, but at some point, we strayed from the path. Foreign invasions happened, this was about 1200-1300 years ago. A cruel act occurred, a thunderbolt, a violent blow struck, and our cultural and religious centers were destroyed. We had the occasion to witness barbarity in extremity. It’s unimaginable what was done. And see, despite everything that happened over 1000 years, India’s culture could not be eradicated. It is still alive today”, he added.
दुनिया के सामने भयावह चुनौतियां हैं, लेकिन आज के दिन सबसे ज्यादा जो संकट है वो मानव के मन में है।
मानव अशांत है। साधन, सम्पन्नता, शक्ति के बावजूद कमी है शांति की।
Referring to India as the cultural centre of the world, the Vice-President highlighted, “ India is the cultural centre of the world and Kolkata is one of the epicentres of culture ! The challenges the world faces today are frightening. They compel us to think….We talk about climate change, but the greatest crisis today lies in the human mind. Humanity is restless. Even though we are materially rich, powerful, capable of demonstrating strength, something is still missing. And when people feel this lack, they see only one North Star—India.”
Shri C.V. Ananda Bose, Hon’ble Governor of West Bengal, Shri Suresh Gopi, Minister of State for Tourism, Srimad Bhakti Sundar Sanyasi Goswami Maharaj, President & Acharya, Gaudiya Mission and other dignitaries were also present on the occasion.
Raksha Mantri Shri Rajnath Singh visited DRDO’s Dr APJ Abdul Kalam Missile Complex, the nerve centre for design and development of indigenous missile systems, in Hyderabad, Telangana on February 28, 2025. He was briefed about the missile technologies and related programmes being carried out by Research Centre Imarat (RCI). Secretary, Department of Defence R&D and Chairman DRDO Dr Samir V Kamat and senior scientists & officials of RCI were present on the occasion.
Shri Rajnath Singh also felicitated the team of the Long-Range Hypersonic Anti-Ship Missile project, successful flight-trials of which took place in November 2024. The successful testing positioned India among the select group of nations with hypersonic missile capabilities.
Interacting with the scientists, Raksha Mantri commended them for their unparalleled contribution to India’s defence capabilities and exuded confidence that, with concerted efforts, India will find itself among the top-three economies by 2027. He called upon them to continue factoring-in the rapidly-evolving technological transformation into their projects while working with dedication and honesty.
Shri Rajnath Singh also paid glowing tributes to Dr APJ Abdul Kalam on the occasion. He stated that the former President’s contributions to science & technology, missile development in particular, can never be forgotten.
In his address, the DRDO Chairman reiterated the organisation’s commitment towards developing critical technologies and ensuring that India becomes ‘Aatmanirbhar’ as well as a technology leader. “DRDO will strive to realise Prime Minister Shri Narendra Modi’s vision that defence systems are made in India and made for the world,” he said.
Source: Hong Kong Government special administrative region
The Civil Engineering and Development Department (CEDD) and the Hong Kong University of Science and Technology (HKUST) signed a Memorandum of Understanding (MOU) today (February 28) to set out the framework of collaboration on research studies related to sustainable infrastructure development and land formation.
The MOU was signed by the Director of Civil Engineering and Development, Mr Michael Fong, and the Vice-President for Research and Development of the HKUST, Professor Tim Cheng, and witnessed by the Permanent Secretary for Development (Works), Mr Ricky Lau, and the President of the HKUST, Professor Nancy Ip.
The MOU, effective from March 1 for a duration of two years, will cover research areas in novel construction materials, innovative landslide mitigation strategies, digitalisation, artificial intelligence technology, innovative engineering and sustainable solutions.
Speaking at the signing ceremony, Mr Fong said that the CEDD has been applying innovative technologies to facilitate the implementation of construction projects. With the CEDD’s experience in construction projects and the HKUST’s top-notch research team, the collaboration between the two parties promotes the research in sustainable infrastructure development and land formation, and would help the industry enhance productivity, quality and site safety.
Professor Cheng said that the HKUST’s multidisciplinary research expertise, covering AI, the Internet of Things, digital twins, material science and civil engineering, will synergise with the CEDD’s practical experience, work data and scenario applications to create innovative and practical solutions.
The CEDD has been collaborating closely with academic institutions and the construction industry to develop various smart and innovative technologies for application in public works projects. The CEDD has applied research deliverables in various projects to effectively facilitate their implementation, such as optimising the design of debris-resisting barriers for landslide mitigation, and advocating the recycling of construction and demolition materials.
Battle of Bands Global Where Cultures Collide, Music Unites
Posted On: 28 FEB 2025 5:02PM by PIB Delhi
Introduction
Following the immense success of The Battle of the Bands, WAVES is now proudly presenting the Battle of the Bands Global. This exciting new initiative is designed to attract a broader audience and introduce younger generations to the rich beauty and diversity of music. As part of WAVES Season One’s Create in India Challenge, in collaboration with Prasar Bharti and SAREGAMA, the event provides an incredible platform for participating bands to showcase their talent.
The World Audio Visual & Entertainment Summit (WAVES) in its first edition is a unique hub and spoke platform poised for the convergence of the entire Media and Entertainment (M&E) sector. The event is a premier global event that aims to bring the focus of the global M&E industry to India and connect it with the Indian M&E sector along with its talent.
The summit will take place from May 1-4, 2025 at the Jio World Convention Centre & Jio World Gardens in Mumbai. With a focus on four key pillars—Broadcasting & Infotainment, AVGC-XR, Digital Media & Innovation, and Films-WAVES will bring together leaders, creators and technologists to showcase the future of India’s entertainment industry.
The Battle of Bands Global stands as the first pillar of WAVES, focusing on Broadcasting and Infotainment. This international competition is designed to push the limits of creativity and music, while promoting a sense of community, innovation and growth within the industry.
Eligibility Criteria
To participate in the Battle of Bands Global, please ensure you meet the following eligibility criteria and submission guidelines:
Participation Process
To participate, bands (maximum 5 members, including a vocalist) must submit an original audio-visual performance, showcasing their own music, via the official Doordarshan website. The performance must not feature any existing songs or compositions.
Video Submission:
Bands must submit a video (max 2 minutes, 300MB, MP4 format) original piece of music that blends modern and traditional folk elements.
Upload via the official Doordarshan website under the “Waves India” section, selecting “Battle of Bands” and following the registration instructions.
Registration:
Fill out the registration form with details like Band Name, City, Contact Info, Band Members, Social Media Links and Performance Link.
Terms:
The first valid video submitted is considered for selection.
Videos must adhere to the guidelines; non-compliance will lead to disqualification.
By submitting information, participants waive privacy rights for promotional use.
Challenge Details
After a thorough selection process, the top 13 international bands will join the challenge, which will be broadcast from March 15th to 20th and conclude before April 30th, 2025. Throughout the event, the top 5 international bands will be selected based on their performances and event will be:
Produced by: SAREGAMA
Directed by: Veteran show director Shruti Anindita Vermaa
Hosted by: Talented Kettan Singh
Judges: Renowned artists Raja Hasan & Shraddha Pandit
Mentors: Esteemed Indian mentors including Tonny Kakkar, Shruti Pathak, Radhika Chopra, Amitabh Vermaa, and more, bringing international expertise.
Conclusion
The Battle of Bands Global offers a unique platform for diverse musical talent and international collaboration. The selected top 5 global bands will perform alongside the top 5 Indian bands on the prestigious WAVES stage, showcasing the best of both global and Indian music. This initiative aims to elevate the global music scene while celebrating India’s rich musical traditions.
The combined Index of Eight Core Industries (ICI) increased by 4.6per cent (provisional) in January, 2025 as compared to the Index in January, 2024. The production of Cement, Refinery Products, Coal, Steel, Fertilizers and Electricity recorded positive growth in January, 2025. The details of annual indices, monthly indices and growth rates are provided at Annex I and Annex II.
The ICI measures the combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP).
The final growth rate of Index of Eight Core Industries for October 2024 increased by3.8per cent. The cumulative growth rate of ICI during April to January, 2024-25is4.4 percent (provisional) as compared to the corresponding period of last year.
The summary of the Index of Eight Core Industries is given below:
Coal – Coal production (weight: 10.33 per cent) increased by 4.6 per cent in January, 2025 over January, 2024. Its cumulative index increased by 6.0 per cent during April to January, 2024-25 over corresponding period of the previous year.
Crude Oil – Crude Oil production (weight: 8.98 per cent) declined by 1.1 per cent in January, 2025 over January, 2024. Its cumulative index declined by 2.0 per cent during April to January, 2024-25 over corresponding period of the previous year.
Natural Gas – Natural Gas production (weight: 6.88 per cent) declined by 1.5 per cent in January, 2025 over January, 2024. Its cumulative index increased by 0.5per cent during April to January, 2024-25 over corresponding period of the previous year.
Petroleum Refinery Products – Petroleum Refinery production (weight: 28.04 per cent) increased by 8.3 per cent in January, 2025 over January, 2024. Its cumulative index increased by 3.3 per cent during April to January, 2024-25 over corresponding period of the previous year.
Fertilizers – Fertilizer production (weight: 2.63 per cent) increased by 3.0 per cent in January, 2025 over January, 2024. Its cumulative index increased by 1.7 per cent during April to January, 2024-25 over corresponding period of the previous year.
Steel – Steel production (weight: 17.92 per cent) increased by 3.7 per cent in January, 2025 over January, 2024. Its cumulative index increased by 5.9 per cent during April to January, 2024-25 over corresponding period of the previous year.
Cement – Cement production (weight: 5.37 per cent) increased by 14.5 per cent in January, 2025 over January, 2024. Its cumulative index increased by 4.6 per cent during April to January, 2024-25 over corresponding period of the previous year.
Electricity – Electricity generation (weight: 19.85 per cent) increased by 1.3 per cent in January, 2025 over January, 2024. Its cumulative index increased by 5.0 per cent during April to January, 2024-25 over corresponding period of the previous year.
Note 1: Data for November, 2024, December, 2024 and January, 2025are provisional. Index numbers of Core Industries are revised / finalized as per updated data from source agencies.
Note 2: Since April 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weights derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled (HRPO) under the item ‘Cold Rolled (CR) coils’ within the production of finished steel has also been included.
Note 5: Release of the index for February, 2025 will be on Friday28thMarch, 2025.
Annex I
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
Sector
Coal
Crude Oil
Natural Gas
Refinery Products
Fertilizers
Steel
Cement
Electricity
Overall Index
Weight
10.33
8.98
6.88
28.04
2.63
17.92
5.37
19.85
100.00
2012-13
103.2
99.4
85.6
107.2
96.7
107.9
107.5
104.0
103.8
2013-14
104.2
99.2
74.5
108.6
98.1
115.8
111.5
110.3
106.5
2014-15
112.6
98.4
70.5
108.8
99.4
121.7
118.1
126.6
111.7
2015-16
118.0
97.0
67.2
114.1
106.4
120.2
123.5
133.8
115.1
2016-17
121.8
94.5
66.5
119.7
106.6
133.1
122.0
141.6
120.5
2017-18
124.9
93.7
68.4
125.2
106.6
140.5
129.7
149.2
125.7
2018-19
134.1
89.8
69.0
129.1
107.0
147.7
147.0
156.9
131.2
2019-20
133.6
84.5
65.1
129.4
109.8
152.6
145.7
158.4
131.6
2020-21
131.1
80.1
59.8
114.9
111.6
139.4
130.0
157.6
123.2
2021-22
142.3
77.9
71.3
125.1
112.4
163.0
156.9
170.1
136.1
2022-23
163.5
76.6
72.4
131.2
125.1
178.1
170.6
185.2
146.7
2023-24
182.7
77.1
76.8
135.9
129.8
200.4
185.7
198.3
157.8
Apr-Jan 2023-24
172.4
77.3
76.8
135.1
132.8
198.3
181.5
198.8
156.1
Apr-Jan2024-25*
182.8
75.7
77.2
139.5
135.1
209.9
189.8
208.8
162.9
*Provisional
Growth Rates (on Y-o-Y basis in per cent)
Sector
Coal
Crude Oil
Natural Gas
Refinery Products
Fertilizers
Steel
Cement
Electricity
Overall Growth
Weight
10.33
8.98
6.88
28.04
2.63
17.92
5.37
19.85
100.00
2012-13
3.2
-0.6
-14.4
7.2
-3.3
7.9
7.5
4.0
3.8
2013-14
1.0
-0.2
-12.9
1.4
1.5
7.3
3.7
6.1
2.6
2014-15
8.0
-0.9
-5.3
0.2
1.3
5.1
5.9
14.8
4.9
2015-16
4.8
-1.4
-4.7
4.9
7.0
-1.3
4.6
5.7
3.0
2016-17
3.2
-2.5
-1.0
4.9
0.2
10.7
-1.2
5.8
4.8
2017-18
2.6
-0.9
2.9
4.6
0.03
5.6
6.3
5.3
4.3
2018-19
7.4
-4.1
0.8
3.1
0.3
5.1
13.3
5.2
4.4
2019-20
-0.4
-5.9
-5.6
0.2
2.7
3.4
-0.9
0.9
0.4
2020-21
-1.9
-5.2
-8.2
-11.2
1.7
-8.7
-10.8
-0.5
-6.4
2021-22
8.5
-2.6
19.2
8.9
0.7
16.9
20.8
8.0
10.4
2022-23
14.8
-1.7
1.6
4.8
11.3
9.3
8.7
8.9
7.8
2023-24
11.8
0.6
6.1
3.6
3.7
12.5
8.9
7.1
7.6
Apr-Jan 2023-24
12.3
-0.2
5.6
3.9
5.5
13.5
8.8
6.9
7.8
Apr-Jan2024-25*
6.0
-2.0
0.5
3.3
1.7
5.9
4.6
5.0
4.4
*Provisional.
Y-o-Y is calculated over the corresponding financial year of previous year
Annex II
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
Sector
Coal
Crude Oil
Natural Gas
Refinery Products
Fertilizers
Steel
Cement
Electricity
Overall Index
Weight
10.33
8.98
6.88
28.04
2.63
17.92
5.37
19.85
100.00
Jan-24
219.6
78.8
79.3
135.9
135.0
217.8
192.2
197.2
165.4
Feb-24
212.1
73.5
74.5
132.5
113.3
202.9
194.3
187.2
157.7
Mar-24
256.0
78.9
79.3
147.0
116.6
219.8
219.4
204.2
175.0
Apr-24
173.3
76.3
74.8
137.9
117.8
210.0
192.3
212.0
161.7
May-24
184.7
77.9
78.7
141.8
135.9
209.7
190.6
229.3
168.2
Jun-24
186.4
74.4
75.8
134.1
134.0
204.0
198.5
222.8
163.7
Jul-24
163.0
76.6
78.0
143.3
138.8
205.1
174.6
220.2
162.8
Aug-24
138.2
75.7
77.4
134.0
137.5
206.6
177.4
212.3
156.3
Sep-24
151.8
72.0
75.8
134.1
134.8
202.0
178.8
206.9
155.4
Oct-24
186.0
74.6
79.3
135.5
136.9
212.9
187.2
207.8
162.4
Nov-24*
199.6
73.9
75.7
138.4
136.2
201.0
177.6
184.1
157.0
Dec-24*
215.1
77.9
78.1
149.1
139.8
221.7
200.8
192.8
168.9
Jan-25*
229.8
77.9
78.1
147.2
139.0
225.8
220.0
199.8
173.0
*Provisional
Growth Rates (on Y-o-Y basis in per cent)
Sector
Coal
Crude Oil
Natural Gas
Refinery Products
Fertilizers
Steel
Cement
Electricity
Overall Growth
Weight
10.33
8.98
6.88
28.04
2.63
17.92
5.37
19.85
100.00
Jan-24
10.6
0.6
5.5
-4.3
-0.6
9.2
4.1
5.7
4.2
Feb-24
11.6
7.9
11.2
2.6
-9.5
9.4
7.8
7.6
7.1
Mar-24
8.7
2.1
6.3
1.6
-1.3
7.5
10.6
8.6
6.3
Apr-24
7.5
1.7
8.6
3.9
-0.8
9.8
0.2
10.2
6.9
May-24
10.2
-1.1
7.5
0.5
-1.7
8.9
-0.6
13.7
6.9
Jun-24
14.8
-2.6
3.3
-1.5
2.4
6.3
1.8
8.6
5.0
Jul-24
6.8
-2.9
-1.3
6.6
5.3
7.0
5.1
7.9
6.3
Aug-24
-8.1
-3.4
-3.6
-1.0
3.2
4.1
-2.5
-3.7
-1.5
Sep-24
2.6
-3.9
-1.3
5.8
1.9
1.8
7.6
0.5
2.4
Oct-24
7.8
-4.8
-1.2
5.2
0.4
5.7
3.1
2.0
3.8
Nov-24*
7.5
-2.1
-1.9
2.9
2.0
4.4
13.5
4.4
4.4
Dec-24*
5.3
0.6
-1.8
2.8
1.7
7.3
4.6
6.2
4.8
Jan-25*
4.6
-1.1
-1.5
8.3
3.0
3.7
14.5
1.3
4.6
*Provisional.
Y-o-Y is calculated over the corresponding financial year of previous year
Under its State Support Mission, NITI Aayog held the Third State Workshop on Enabling Women-led Development through Entrepreneurship. The workshop, organized in collaboration with the Women Entrepreneurship Platform (WEP) and the Government of Mizoram, took place at Mizoram University, Aizawl, on 27 February 2025. The event focused on empowering women entrepreneurs in the north-eastern region and was attended by representatives from all eight north-eastern states.
The Chief Guest, Chief Minister of Mizoram, Shri Lalduhoma, speaking at the inaugural session said, “Women entrepreneurs in Mizoram have demonstrated remarkable potential and resilience, yet challenges like access to capital and markets persist. Through initiatives like the Mizoram Bana Kaih Handholding Scheme, we are shifting from a welfare-driven approach to an empowerment-based model—where individuals are not just beneficiaries but active contributors to the state’s progress. I encourage more women to step forward, as their innovation and determination will define the future of Mizoram. The government stands with them in this journey towards economic and social transformation.” He urged the participants to register on the WEP platform (www.wep.gov.in) and get benefits from all the programs that were launched.
Shri Lalnghinglova Hmar, Minister of Labour, Employment Skill Development & Entrepreneurship Department (LESDE), Government of Mizoram said that the launch of the Women Entrepreneurship Platform (WEP) State Chapter in Mizoram marks a transformative step in empowering our women entrepreneurs. This initiative would be ensuring that our women entrepreneurs truly benefit from it, unlocking new opportunities for economic growth and self-reliance in the state
Dr. Vinod K Paul, Hon’ble Member, NITI Aayog, addressed the gathering with a vision for Viksit Bharat 2047, emphasizing the role of women entrepreneurs in shaping India’s economic future. He underscored the importance of localizing efforts to create a more inclusive and supportive entrepreneurial ecosystem in the North-east. He mentioned, “By combining the visionary initiatives of the state government with the support of WEP, we are creating a sustainable and inclusive environment where women entrepreneurs can thrive, scale their businesses, and contribute to India’s economic transformation.”
Shri Khilli Ram Meena, Chief Secretary, Government of Mizoram, highlighted the government’s initiatives in fostering women’s entrepreneurship, stressing the importance of financial access, skill development, digital literacy, and mentorship.
Ms. Anna Roy, Principal Economic Advisor, NITI Aayog, and Mission Director, WEP, stated:
“The Women Entrepreneurship Platform (WEP) is a catalyst for change, bringing together government, private sector, and civil society to build a robust entrepreneurial ecosystem for women. By addressing critical needs such as access to finance, markets, skilling, and mentorship, WEP empowers women entrepreneurs to scale their businesses and contribute to economic growth.”
Key Highlights of the Workshop:
WEP Mizoram State Chapter
The Women Entrepreneurship Platform (WEP) launched its Mizoram State Chapter, making it the first in Northeast India. This initiative aims to strengthen regional support for women entrepreneurs by providing resources, mentorship, and business opportunities.
New Shop ATR Launch in Northeast
As part of WEP’s Award to Reward (ATR) initiative, the New Shop ATR program was launched to support women entrepreneurs in the retail sector. ATR has already impacted 750+ women across nine cohorts, addressing their business needs and rewarding exceptional performances. The New Shop Award to Reward (ATR) program was launched to support women entrepreneurs in the retail sector. Ten selected participants will receive intensive training, mentorship, and financial assistance, with two outstanding performers being rewarded.
Awards to Women Entrepreneurs – Project Maitri
As part of the Award to Reward initiative, outstanding women homestay entrepreneurs from Northeast India were honored under Project Maitri. The winners include Monika Devi (Eco Heritage Villa), Lopamudra Bharali (Jazzabor with Private Kitchen), and Barsha Sharma (Nolina Boutique Homestay). This program, launched in Arunachal Pradesh, provided intensive training to help women scale their tourism ventures.
WEP App – Beta Version
The beta version of the WEP App was launched to digitize entrepreneurial support for women. The app will provide easy access to mentorship, funding, resources, and networking opportunities, fostering a stronger ecosystem for women-led businesses.
Panel Discussions and Workshops – Covering topics such as government policies, financial access, and fostering young women entrepreneurs. The workshop witnessed an overwhelming response, with over 500 participants, including women entrepreneurs, college students, local self-help groups, government officials, industry leaders, incubators, financial institutions, and philanthropic foundations. Engaging sessions provided valuable insights and knowledge to strengthen women entrepreneurs’ journeys, while a tech experience center curated by the SELCO Foundation showcased innovative sustainable technology solutions by women entrepreneurs in the North East along with other exhibitions organised by DONeR, ADP and Government of Mizoram.
The success of the workshop reaffirms WEP’s commitment to fostering a more inclusive, resilient, and thriving entrepreneurial ecosystem for women across India, especially in the North-East.
Giloy Takes the Global Stage: Research Publications Soar Over 300% in a Decade New Studies Reveal Promising Role of Giloy in Immunity & Clinical Research
Posted On: 28 FEB 2025 4:52PM by PIB Delhi
The data from PubMed, a globally recognised database for biomedical and life sciences research, reveals a staggering 376.5% increase in the number of research publications around Giloy (Tinospora cordifolia) over the past decade, highlighting a growing global interest in the plant’s therapeutic potential. On searching the database for studies on ‘guduchi or tinospora cordifolia or amrita’, the results show 243 studies published in 2014. In contrast, in 2024, the number rose to 913, i.e. 376.5% increase.
Image:Tinospora cordifolia, commonly known as Guduchi or Giloy, familiar as Amrita in Sanskrit, which translates to the ‘herb of immortality’, because of its abundant beneficial properties
Post-COVID Boom in Giloy Research
Notably, Guduchiis a popular herb known as Giloy and has been used in therapeutics for a long time in Ayush systems. While scientists have long been intrigued by Giloy’s medicinal properties, the years following the COVID-19 pandemic saw a major spike in research as experts explored natural immunity boosters and holistic healthcare solutions. Emerging studies reinforce its immune-modulatory, antiviral, and adaptogenic properties, making it a subject of keen interest among global researchers and healthcare practitioners.
While highlighting the efforts of the Ministry to boost scientific research in Ayush, Secretary, Ministry of Ayush, Vaidya Rajesh Kotecha, stated, “Scientific validation of Ayush formulations, herbs, etc., including medicinal plants like Giloy, is a top priority for the Ministry. We are committed to strengthening research collaborations, funding scientific studies, and promoting evidence-based integration of Ayurveda with mainstream healthcare to benefit global health.”
Emphasizing the importance of scientific research and publication, Director General, CCRAS, Prof. Rabinarayan Acharya stated, “Research on medicinal plants is vital for bridging traditional wisdom with modern science. Scientific publications serve as a foundation for evidence-based validation, enhancing global acceptance and integrating Ayurveda into mainstream healthcare.”
What Makes Giloy So Special?
The increasing number of clinical studies and laboratory research suggests that Giloy may have a significant role in cancer therapy, autoimmune disease management, and even inflammatory disorders.
Dr Galib, Associate Professor at the All-India Institute of Ayurveda, New Delhi, explains, “Scientific exploration of Giloy is gaining momentum, with increasing studies showcasing its medicinal potential. Recent research highlights its bioactive compounds and therapeutic benefits, including immune-boosting and anti-inflammatory properties. This growing interest positions Giloy as a promising candidate for future clinical applications in various medical fields.”
Giloy & Scientific Research: Some Latest Findings
Among the many recent studies that have particularly piqued scientific curiosity:
February 2025: A study by Harsha Vaghasia (University School of Sciences, Gujarat University) and the team, published in PubMed, investigated the role of Giloy extracts in HPV-positive cervical cancer treatment. The findings highlight Giloy’s potential immunomodulatory benefits, paving the way for safer, more effective cancer therapies combined with conventional treatments.
January 2025: Researchers from Tata Memorial Centre, Mumbai, led by Ankita Das Sheth, explored Giloy’s effectiveness in managing Idiopathic Granulomatous Mastitis (IGM), a benign yet challenging breast disorder often mistaken for cancer. The study reported that Giloy-based phytopharmaceutical drugs provided a safe, steroid-free treatment alternative, offering a cost-effective and efficient option to avoid aggressive surgeries.
Ayush Ministry’s Proactive Support to Scholars with Technical Dossier
Recognising the increasing scientific interest in Giloy, the Ministry of Ayush has taken a proactive step by launching a technical dossier on the herb. This one-of-a-kind resource combines scientific research, therapeutic applications, and key insights to promote evidence-based practices in traditional medicine.
By integrating traditional Ayurveda wisdom with modern research, this initiative aims to raise awareness among healthcare professionals and the public, reinforcing India’s leadership in holistic wellness and integrative medicine.
With scientific studies continuing to validate the medicinal properties of Giloy, experts believe this Ayurvedic marvel is on its way to becoming a mainstream integrative healthcare solution. As the world looks toward natural, plant-based therapies, India’s centuries-old herbal wisdom may hold the key to safer, more effective treatments for some of the most pressing health challenges of our time.