Category: Asia

  • MIL-OSI: Primech AI Joins The GEAR Community Access Programme to Accelerate Innovation in Robotics and Built Environment Technologies

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced its acceptance into The GEAR Community Access Programme, hosted at The Kajima Lab for Global Engineering, Architecture & Real Estate.

    (The GEAR, Kajima’s state-of-the-art global hub in Singapore)

    The GEAR, Kajima’s state-of-the-art global hub in Singapore, serves as a centerpiece for innovation in the built environment sector, focusing on accelerating digitalization and technological advancement. This program gives Primech AI access to The GEAR’s cutting-edge facilities and a vibrant ecosystem of industry leaders and innovators.

    “Joining The GEAR Community Access Programme represents a significant opportunity for Primech AI to collaborate with industry leaders and further enhance our robotics solutions,” said Charles Ng, Chief Operating Officer of Primech AI. “This partnership aligns perfectly with our mission to revolutionize the cleaning industry through technological innovation, particularly through our HYTRON autonomous cleaning robots.”

    The partnership provides Primech AI with:

    • Access to The GEAR’s advanced facilities and innovation hub
    • Opportunities for collaboration with Kajima’s business units and ecosystem partners
    • A platform for showcasing and demonstrating its autonomous cleaning solutions
    • Participation in industry events and networking opportunities

    Primech AI’s flagship product, the HYTRON autonomous toilet cleaning robot, has already demonstrated success through its deployment at Temasek Polytechnic. The Company’s participation in The GEAR Community Access Programme is expected to accelerate the development and adoption of its innovative cleaning solutions across Singapore’s built environment sector.

    About The GEAR
    The Kajima Lab for Global Engineering, Architecture & Real Estate (The GEAR) is Kajima’s global innovation hub in Singapore, dedicated to accelerating the digitalization of the built environment sector. The facility serves as a collaborative space for industry partners, fostering innovation and technological advancement in construction and real estate development.

    About Primech Holdings Limited
    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.   

    About Primech AI
    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:
    Email: ir@primech.com.sg

    Investor Relations Contact:
    Matthew Abenante, IRC
    President
    Strategic Investor Relations, LLC
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network

  • MIL-OSI Economics: Secretary-General of ASEAN delivers remarks at the Opening Session of the Second ASEAN Future Forum

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today attended the Opening Session of the Second ASEAN Future Forum (AFF), held in Hanoi, Viet Nam. In line with the theme of this year’s forum, “Building a United, Inclusive and Resilient ASEAN amidst Global Transformation,” Dr. Kao underscored ASEAN’s enduring commitment to cooperation and collaboration, and dialogue and diplomacy. He reflected that ASEAN’s upholding of the principles of transparency, openness, inclusiveness and convergence-building remain essential in navigating an increasingly fragmented multipolar world. While acknowledging this year as the 30th anniversary of Viet Nam’s membership in ASEAN, Dr. Kao also underlined the Forum as a key contribution of Viet Nam to strengthening ASEAN Community-building. He expressed hope that the Forum will continue to be held annually and grow into a leading ASEAN-centred and future-oriented mechanism in the region.

    Download the full remarks here.

    The post Secretary-General of ASEAN delivers remarks at the Opening Session of the Second ASEAN Future Forum appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Tsing Yi logistics site sold

    Source: Hong Kong Information Services

    The tender for a logistics site at the junction of Tsing Hung Road and Tsing Yi Road in Tsing Yi has been awarded on a 50-year land grant at a premium of $3.68 billion, the Lands Department announced today.

    Tsing Yi Town Lot No. 202 was awarded to Titanium 2 (HKSAR) Limited, a subsidiary of Mapletree Investments Pte Ltd.

    It has a site area of about 44,318 sq m and is designated for logistics services and public vehicle park purposes. The site’s maximum gross floor area is 227,836 sq m for developing multi-storey modern logistics facilities and a public vehicle park, thereby achieving multiple uses on one site.

    The Action Plan on Modern Logistics Development promulgated in 2023 is committed to providing a stable supply of quality logistics sites by releasing four such sites near the Kwai Tsing Container Terminals to address the industry’s need for modern, high-end, multi-storey logistics facilities primed for high value-added logistics operations with synergy with our port.

    The Transport & Logistics Bureau said the positive market response to this land lot, which is the first of these sites, clearly reflects the trade’s continual confidence in Hong Kong’s role as an international logistics hub.

    The Government will release the remaining three logistics sites in a timely manner, taking into consideration the market situation, the bureau added.

    MIL OSI Asia Pacific News

  • MIL-Evening Report: Barred European Union politician brands Israel as ‘a rogue state’

    Israel has now banned another European Union parliamentarian from entering the country, reports Al Jazeera.

    The government gave no reasons why Lynn Boylan, who chairs the European Parliament EU-Palestine delegation, was denied entry.

    “This utter contempt from Israel is the result of the international community failing to hold them to account,” Boylan, an Irish MP in Brussels, said in a statement.

    “Israel is a rogue state, and this disgraceful move shows the level of utter disregard that they have for international law.

    “Europe must now hold Israel to account.”

    Boylan said she had planned to meet with Palestinian Authority officials, representatives of civil society organisations, and people living under Israeli occupation.

    She is a member of the Sinn Fein party in Ireland, which has been among the most vocal countries in criticising the Israeli government over its treatment of Palestinians.

    France’s Hassan also refused
    Earlier, EU lawmaker Rima Hassan was also refused entry at Ben-Gurion airport and ordered to return to Europe.

    “Hassan, who is expected to land from Brussels in the coming hour, consistently works to promote boycotts against Israel in addition to numerous public statements both on social media and in media interviews,” said Israeli Interior Minister Moshe Arbel’s office.

    Hassan is a French national of Palestinian origin known for her support of the Palestinian cause and for speaking out against Israel’s war on Gaza.

    Kaja Kallas, the EU foreign policy chief, outlined a range of worries about the situation in war-battered Gaza and the occupied West Bank.

    “We have constantly called on all parties, including Israel, to respect international humanitarian law,” she said, adding that Europe “cannot hide our concern when it comes to the West Bank”.

    ICC raps Merz over warrants
    Meanwhile, the International Criminal Court (ICC) has declared that states cannot unilaterally “determine soundness” of its rulings

    Earlier, it was reported that Germany’s election winner Friedrich Merz was saying he planned to invite Israeli Prime Minister Benjamin Netanyahu to visit the country — despite an ICC war crimes warrant issued for his arrest, which Merz claimed did not apply.

    The ICC responded by saying states had a legal obligation to enforce its decisions, and any concerns they may have should be addressed with the court in a timely and efficient manner.

    “It is not for states to unilaterally determine the soundness of the court’s legal decisions,” said the ICC in a statement.

    Israel rejects the jurisdiction of the court and denies war crimes were committed during its devastating war on Gaza.

    Germans feel a special responsibility towards Israel because of the legacy of the Holocaust, and Merz has made clear he is a strong ally. But Germany also has a strong tradition of support for international justice for war crimes.

    Amnesty slams ‘shameful silence’
    Amnesty International and 162 other civil society organisations and trade unions have signed a joint letter calling on the EU to ban trade and business with Israel’s settlements in occupied Palestinian territory.

    “Despite EU consensus about the settlements’ illegality and their link to serious abuses, the EU continues to trade and allow business with them,” the letter said.

    This contributes to “the serious and systemic human rights and other international law abuses underpinning the settlement enterprise”, it added.

    The International Court of Justice (ICJ) in July issued a landmark advisory opinion affirming that states must not recognise, aid or assist the unlawful situation arising from Israel’s occupation of Palestinian territory.

    Article by AsiaPacificReport.nz

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Bitdeer Reports Unaudited Financial Results for the Fourth Quarter and Full Year of 2024

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today released its unaudited financial results for the fourth quarter ended December 31, 2024.

    Q4 2024 Financial Highlights
    All amounts compared to Q4’23 unless otherwise noted

    • Total revenue was US$69.0 million vs. US$114.8 million.
    • Cost of revenue was US$63.9 million vs. US$87.8 million.
    • Gross profit was US$5.1 million vs. US$27.0 million.
    • Net loss was US$531.9 million vs. US$5.0 million.
    • Adjusted EBITDA1 was negative US$3.8 million, vs. positive US$33.32 million.
    • Cash and cash equivalents were US$476.3 million as of December 31, 2024.
    • Crypto balance: US$77.5 million as of December 31, 2024.

    Management Commentary

    “Last year, we strategically prioritized resources to the development of our proprietary ASIC technology, which temporarily limited our hashrate growth and impacted our financial performance. However, this investment resulted in substantial progress in our ASIC technology roadmap, strengthening our competitive moat and positioning Bitdeer for a transformative 2025 and beyond. Owning and deploying our own mining ASICs is an integral part of our full vertical integration strategy. It will provide us distinct advantages – such as rapid hashrate deployment, a lower cost structure, enhanced capital efficiency, and a dramatically improved supply chain compared to the broader industry. In addition, commercializing SEALMINER ASICs allows us to diversify our revenue streams into the multi-billion dollar ASICs market where we see strong demand for alternative suppliers of ASIC solutions,” stated Matt Kong, Chief Business Officer at Bitdeer.

    Mr. Kong added, “In 2025, for our self-mining operation, we plan to energize all of our mass production SEALMINER A1s and 28 EH/s of SEALMINER A2s on top of our existing 8.7 EH/s of self-mining hashrate for the time being. This will bring Bitdeer’s total self-mining hashrate to approximately 40 EH/s by Q4 2025. This target does not factor in additional wafer allocation anticipated from TSMC for SEAL02 or SEAL03, which could be additive to the Q4 2025 target of 40 EH/s, depending on manufacturing schedule. For sales to external customers, the approximately 7 EH/s of SEALMINER A2s that we allocated was quickly over-subscribed, 20% of the total price as the down payment has been fully collected and volume shipments to these customers will begin in March 2025.”

    Mr. Kong continued, “In Q4 2024, we also advanced the development of our 3rd and 4th generation chips. Upon successful tapeouts, we believe these chips will position Bitdeer as the leading supplier of the world’s most energy efficient mining ASICs. Having the most efficient ASIC is the key factor to winning share of the growing ASICs market, as energy efficiency remains most important single metric influencing buying decisions. We look forward to the substantial value these chips will unlock for our company and our shareholders.”

    Mr. Kong concluded, “In terms of our energy assets, our global power capacity now exceeds 2.6 GWs, following the Foxcreek, Alberta acquisition, and over 1 GW is scheduled to be energized over the course of 2025. This puts us in an advantageous position to deploy our SEALMINER machines for self-mining and also capitalize on the significant demand for HPC and AI datacenters. We are actively working with top datacenter developers and advisors to establish long-term partnerships, which will position Bitdeer to play a significant role in addressing the shortage of reliable power for AI datacenters.”

    Operational Summary

    Metrics Three Months Ended Dec 31
      2024 2023
    Total hash rate under management (EH/s) 21.6 21.0
    – Proprietary hash rate 8.9 8.4
    – Self-mining 8.5 6.7
    – Cloud Hash Rate 0.0 1.7
    – Delivered but not yet hashing 0.4
    – Hosting 12.7 12.6
    Mining rigs under management 175,000 215,000
    – Self-owned 85,000 86,000
    – Hosted 90,000 129,000
    Bitcoin mined (self-mining only) 469 1,299
    Bitcoins held 594 43
    Total power usage (MWh) 857,000 1,336,000
    Average cost of electricity ($/MWh) 41 44
    Average miner efficiency (J/TH) 30.4 31.7


    Power Infrastructure Summary

    Site / Location Capacity (MW) Status Timing3
    Electrical capacity      
    – Rockdale, Texas 563 Online Completed
    – Knoxville, Tennessee 86 Online Completed
    – Wenatchee, Washington 13 Online Completed
    – Molde, Norway 84 Online Completed
    – Tydal, Norway 50 Online Completed
    – Gedu, Bhutan 100 Online Completed
    Total electrical capacity 8954    
    Pipeline capacity      
    – Tydal, Norway Phase 1 40 In progress Pending Regulatory Approval
    – Tydal, Norway Phase 2 135 In progress Mid 2025
    – Massillon, Ohio 221 In progress Mid-to-late 2025
    – Clarington, Ohio Phase 1 266 In progress Q3 2025
    – Clarington, Ohio Phase 2 304 Pending approval Estimate 2026
    – Jigmeling, Bhutan 500 In progress Mid-to-late 2025
    – Rockdale, Texas 179 In planning Estimate 2026
    – Alberta, Canada 99 In planning Q4 2026
    Total pipeline capacity 1,744    
    Total global electrical capacity 2,639    


    Financial MD&A
    All variances are current quarter compared to the same quarter last year. All figures in this section are rounded.

    Q4 2024 High-Level P&L and Disaggregated Revenue Details:

    US $ in millions Three Months Ended
      Dec 31, 2024 Sep 30, 2024 Dec 31, 2023
    Total revenue 69.0  62.0  114.8 
    Cost of revenue (63.9) (59.2) (87.8)
    Gross profit 5.1  2.8  27.0 
    Net loss (531.9) (50.1) (5.0)
    Adjusted EBITDA (3.8) (8.5) 33.32 
    Cash and cash equivalents 476.3  291.3  144.7 
    US $ in millions Three Months Ended Dec 31, 2024
    Business lines Self-Mining Cloud Hash Rate General Hosting Membership Hosting
    Revenue 41.5 2.3 8.5 12.4
    Cost of revenue        
    – Electricity cost in operating mining rigs (22.3) (0.1) (5.8) (7.0)
    – Depreciation and share-based payment expenses (12.2) (0.6) (1.2) (1.8)
    – Other cash costs (4.0) (0.3) (0.8) (1.2)
    Total cost of revenue (38.5) (1.0) (7.8) (10.0)
    Gross profit 3.0 1.3 0.7 2.4
    US $ in millions Three Months Ended Dec 31, 2023
    Business lines Self-Mining Cloud Hash Rate General Hosting Membership Hosting
    Revenue 46.9 16.2 25.2 23.4
    Cost of revenue        
    – Electricity cost in operating mining rigs (20.3) (4.3) (16.1) (17.2)
    – Depreciation and share-based payment expenses (9.7) (3.8) (2.6) (2.4)
    – Other cash costs (3.0) (1.0) (1.6) (1.6)
    Total cost of revenue (33.0) (9.1) (20.3) (21.2)
    Gross profit 13.9 7.1 4.9 2.2


    Full Year 2024 High-Level P&L and Disaggregated Revenue Details:

    US $ in millions Years Ended
      Dec 31, 2024 Dec 31, 2023
    Total revenue 349.8 368.5
    Cost of revenue (283.4) (290.7)
    Gross profit 66.4 77.8
    Net loss (599.2) (56.7)
    Adjusted EBITDA 39.4 97.02
    Cash and cash equivalents 476.3 144.7
    US $ in millions Year Ended Dec 31, 2024
    Business lines Self-Mining Cloud Hash Rate General Hosting Membership Hosting
    Revenue 163.1 39.8 67.6 64.0
    Cost of revenue        
    – Electricity cost in operating mining rigs (91.1) (7.5) (39.6) (41.0)
    – Depreciation and share-based payment expenses (39.1) (8.4) (8.4) (8.2)
    – Other cash costs (11.8) (2.5) (4.3) (4.5)
    Total cost of revenue (142.0) (18.4) (52.3) (53.7)
    Gross profit 21.1 21.4 15.3 10.3
    US $ in millions Year Ended Dec 31, 2023
    Business lines Self-Mining Cloud Hash Rate General Hosting Membership Hosting
    Revenue 111.7 67.9 97.3 79.9
    Cost of revenue        
    – Electricity cost in operating mining rigs (52.3) (17.1) (54.6) (55.5)
    – Depreciation and share-based payment expenses (29.2) (19.7) (13.2) (10.7)
    – Other cash costs (8.3) (5.3) (7.5) (6.6)
    Total cost of revenue (89.8) (42.1) (75.3) (72.8)
    Gross profit 21.9 25.8 22.0 7.1


    Q4 2024 Management’s Discussion and Analysis (compared to Q4 2023)

    Revenue

    • Total revenue was US$69.0 million vs. US$114.8 million.
    • Self-mining revenue was US$41.5 million vs. US$46.9 million, primarily due to the effect of the April 2024 halving and higher global network hashrate, partially offset by the increase in the average self-mining hashrate for the quarter by 20.0% to 8.4 EH/s from 7.0 EH/s last year and higher year-over-year Bitcoin prices.
    • Cloud Hash Rate revenue was US$2.3 million vs. US$16.2 million. The decline was primarily due to expiration of long-term Cloud Hashrate contracts and subsequent reallocation of nearly all machines to self-mining operations over the course of 2024.
    • General Hosting revenue was US$8.5 million vs. US$25.2 million. The decline was primarily due to the expiration of certain hosting customer contracts as well as the removal of older and less efficient machines by other hosting customers following the April 2024 halving as a result of reduced mining economics.
    • Membership Hosting revenue was US$12.4 million vs. US$23.4 million. Similar to general hosting, the decline was primarily driven by customers scaling down operations for older and less efficient rigs following the April 2024 halving as a result of reduced mining economics.

    Cost of Revenue

    • Cost of revenue was US$63.9 million vs US$87.8 million. The decrease was primarily driven by lower depreciation expenses as certain mining rigs became fully depreciated and the decrease of power usage along with the reduced hosted mining rigs.

    Gross Profit and Margin

    • Gross profit was US$5.1 million vs. US$27.0 million.
    • Gross margin was 7.4% vs. 23.5%.

    Operating Expenses

    • The sum of the operating expenses below was US$42.5 million vs. US$27.4 million.
      • Selling expenses were US$2.0 million vs. US$2.0 million, flat year-over-year.
      • General and administrative expenses were US$17.7 million vs. US$17.1 million. The increase was primarily due to an increase in staff costs for general and administrative personnel and consulting fee for capital market and compliance activities, partially offset by lower share-based payment expenses.
      • Research and development expenses were US$22.9 million vs. US$8.3 million, primarily due to higher R&D costs related to higher engineering costs related to the Company’s ASIC development roadmap and non-cash amortization expenses of intangible assets related to the acquisition of FreeChain.

    Other Net Loss

    • In Q4 2024, we recorded US$479.8 million other net loss primarily due to the non-cash expense of fair value changes of derivative liabilities, which are the US$413.7 million of loss on fair value changes for the convertible notes issued in August and November and the US$55.8 million of loss on fair value changes for the Tether warrants.

    Net Loss

    • Net loss was US$531.9 million vs. US$5.0 million.

    Adjusted Profit / (Loss) (Non-IFRS)5

    • Adjusted loss was US$36.9 million vs. adjusted profit of US$4.52 million. The change was primarily due to the year-over-year revenue decline, lower gross profit margins and higher operating expenses as described above.

    Adjusted EBITDA (Non-IFRS)

    • Adjusted EBITDA was negative US$3.8 million vs. positive US$33.32 million. The decrease was primarily due to the year-over-year revenue decline, lower gross profit margins as a result of the halving and higher R&D as described above.

    Cash Flows

    • Net cash used in operating activities was US$325.1 million, primarily driven by electricity costs and operating expenses for the quarter as well working capital payments to TSMC of US$190.6 million for SEAL02 and US$52.8 million for the tapeout of SEAL03, including risk wafers.
    • Net cash used in investing activities was US$10.0 million, which included US$48.4 million of capital expenditures for infrastructure construction and mining rigs, offset by US$38.8 million of proceeds from disposal of cryptocurrencies received from our principal business.
    • Net cash generated from financing activities was US$522.8 million, primarily driven by the proceeds from our convertible note issuance in November and ATM program.

    Balance Sheet
    As of December 31, 2024 unless stated otherwise (compared to December 31, 2023)

    • US$476.3 million in cash and cash equivalents, US$77.5 million in cryptocurrencies and US$208.1 million in borrowing.
    • US$310.2 million prepayments and other assets, up from US$97.1 million. Change primarily driven by advanced payments to TSMC for our SEAL02 mass volume production.
    • US$64.9 million inventories, up from nearly zero. Increase mainly including wafers, chips, WIP and finished SEALMINER inventory.
    • US$83.2 million intangible assets and US$35.8 million goodwill mainly raised from acquisition of Norway and Freechain during the year of 2024.
    • US$763.9 million derivative liabilities mainly due to the issuance of warrants to Tether, and convertible senior notes issued in August and November.

    Further information regarding the Company’s fourth quarter 2024 financial and operations results can be found on the SEC’s website https://sec.gov and the Company’s Investor Relations website https://ir.bitdeer.com.

    CEO 10b5-1 Trading Plan
    In December 2024, Jihan Wu, Chairman of the Board and Chief Executive Officer of the Company, entered into a plan designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Plan”). The Plan provides for sales of securities of the Company and is in accordance with the Company’s Insider Trading Policy. Subject to minimum price thresholds specified in the Plan, up to 4,000,000 of ordinary shares of the Company may be sold on multiple pre-determined dates starting in March 2025 and ending no later than the earlier of June 15, 2025 or the date that the aggregate number of ordinary shares sold under the Plan reaches 4,000,000.

    About Bitdeer Technologies Group
    Bitdeer is a world-leading technology company for blockchain and high-performance computing. Bitdeer is committed to providing comprehensive computing solutions for its customers. The Company handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management and daily operations. The Company also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. To learn more, please visit https://ir.bitdeer.com/ or follow Bitdeer on X @BitdeerOfficial and LinkedIn @ Bitdeer Group.

    Investors and others should note that Bitdeer may announce material information using its website and/or on its accounts on social media platforms, including X, formerly known as Twitter, Facebook, and LinkedIn. Therefore, Bitdeer encourages investors and others to review the information it posts on the social media and other communication channels listed on its website.

    Forward-Looking Statements
    Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward- looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.


    BITDEER GROUP 
    UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
             
        As of December 31,   As of December 31,
    (US $ in thousands)   2024   2023
    ASSETS        
    Cash and cash equivalents   476,270     144,729  
    Cryptocurrencies   77,537     15,371  
    Trade receivables   9,627     17,277  
    Amounts due from a related party   15,512     187  
    Prepayments and other assets   310,173     97,087  
    Inventories   64,888     346  
    Financial assets at fair value through profit or loss   42,521     37,775  
    Restricted cash   17,356     9,538  
    Mining rigs   67,324     63,477  
    Right-of-use assets   69,273     58,626  
    Property, plant and equipment   251,377     154,860  
    Investment properties   30,723     34,346  
    Intangible assets   83,235     4,777  
    Goodwill   35,818      
    Deferred tax assets   6,220     991  
    TOTAL ASSETS   1,557,854     639,387  
             
    LIABILITIES        
    Trade payables   31,471     32,484  
    Other payables and accruals   42,267     32,151  
    Amounts due to a related party   8,747     33  
    Income tax payables   2,729     3,367  
    Derivative liabilities   763,939      
    Deferred revenue   129,229     144,337  
    Borrowings   208,127     22,618  
    Lease liabilities   78,133     70,211  
    Deferred tax liabilities   16,614     1,620  
    TOTAL LIABILITIES   1,281,256     306,821  
             
    NET ASSETS   276,598     332,566  
             
    EQUITY        
    Share capital   *     *  
    Treasury equity   (160,926)     (2,604)  
    Accumulated deficit   (649,004)     (49,853)  
    Reserves   1,086,528     385,023  
    TOTAL EQUITY   276,598     332,566  
             

    * Amount less than US$1,000


    BITDEER GROUP UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
                     
        Three months ended Dec 31,   Years ended Dec 31,
    (US $ in thousands)   2024   2023   2024   2023
             
    Revenue6   69,018     114,848     349,782     368,554  
    Cost of revenue   (63,919)     (87,804)     (283,382)     (290,745)  
    Gross profit   5,099     27,044     66,400     77,809  
    Selling expenses   (1,952)     (2,005)     (8,044)     (8,246)  
    General and administrative expenses   (17,668)     (17,134)     (64,317)     (66,454)  
    Research and development expenses   (22,898)     (8,306)     (76,946     (29,534)  
    Listing fee               (33,151)  
    Other operating income / (expenses)   (3,670)     3,073     727     3,791  
    Other net gain / (loss)   (479,778)     1,068     (507,479)     3,538  
    Profit / (loss) from operations   (520,867)     3,740     (589,659)     (52,247)  
    Finance income / (expenses)   (11,811)     1,179     (11,935)     1,276  
    Profit / (loss) before taxation   (532,678)     4,919     (601,594)     (50,971)  
    Income tax benefit / (expenses)   761     (9,950)     2,443     (5,685)  
    Loss for the periods   (531,917)     (5,031)     (599,151)     (56,656)  
    Other comprehensive loss                
    Loss for the periods   (531,917)     (5,031)     (599,151)     (56,656)  
    Other comprehensive loss for the periods                
    Item that may be reclassified to profit or loss                
    – Exchange differences on translation of financial statements   (234)     (43)     (218)     (26)  
    Other comprehensive loss for the periods, net of tax   (234)     (43)     (218)     (26)  
    Total comprehensive loss for the periods   (532,151)     (5,074)     (599,369)     (56,682)  
                     
    Loss per share (Basic and diluted)   (3.22)     (0.05)     (4.36)     (0.51)  
                     
    Weighted average number of shares outstanding (thousands) (Basic and diluted)   165,427     111,055     137,426     110,494  
    BITDEER GROUP UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                     
        Three months ended
    Dec 31,
      Years ended
    Dec 31,
    (US $ in thousands)   2024   2023   2024   2023
                     
    Cash flows from operating activities                
    Cash used in operating activities   (321,629)     (76,963)     (613,167)     (283,868)  
    Interest paid on leases   (902)     (659)     (3,473)     (2,605)  
    Interest paid on borrowings   (2,216)     (940)     (3,952)     (2,181)  
    Interest received   1,653     2,033     7,115     7,572  
    Income tax paid   (1,964)     (1,347)     (8,596)     (1,500)  
    Income tax refund       10,795         10,795  
    Net cash used in operating activities   (325,058 )   (67,081)     (622,073)     (271,787)  
                     
    Cash flows from investing activities                
    Purchase of property, plant and equipment, investment properties and intangible assets   (42,617)     (25,324)     (119,487)     (63,305)  
    Purchase of mining rigs   (5,766)     (107)     (7,731)     (63,041)  
    Purchase of financial assets at fair value through profit or loss, net of refund received   (425)         (2,776)     (4,400)  
    Proceeds from disposal of financial assets at fair value through profit or loss               31,111  
    Repayments from a related party       322         322  
    Lending to a third party               (61)  
    Proceeds from disposal of property, plant and equipment   54     44     298     73  
    Proceeds from disposal of mining rigs       27         27  
    Proceeds from disposal of cryptocurrencies   38,794     97,083     248,447     299,128  
    Cash paid for business acquisitions, net of cash acquired           (6,051)      
    Net cash generated from / (used in) investing activities   (9,960)     72,045     112,700     199,854  
                     
    Cash flows from financing activities                
    Capital element of lease rentals paid   (6,540)     (1,183)     (9,676)     (5,191)  
    Net payment related to Business Combination               (7,662)  
    Repayments of borrowings   (10,000)         (15,000)     (7,000)  
    Proceeds from issuance of shares for exercise of share rewards   4,412     412     5,170     412  
    Proceeds from issuance of ordinary shares and warrants, net of transaction costs   321,918     9,494     485,108     9,494  
    Payment for the future issuance cost       (942)         (942)  
    Acquisition of treasury shares       (2,495)     (617)     (2,604)  
    Proceeds from convertible senior notes, net of transaction costs   387,917         554,214      
    Repayment to convertible senior notes in connection with note extinguishment   (14,932)         (14,932)      
    Purchase of zero-strike call option   (160,000)         (160,000)      
    Net cash generated from / (used in) financing activities   522,775     5,286     844,267     (13,493)  
                     
    Net increase / (decrease) in cash and cash equivalents   187,757     10,250     334,894     (85,426)  
    Cash and cash equivalents at the beginning of the period   291,314     134,512     144,729     231,362  
    Effect of movements in exchange rates on cash and cash equivalents held   (2,801)     (33)     (3,353)     (1,207)  
    Cash and cash equivalents at the end of the period   476,270     144,729     476,270     144,729  
                     

    Use of Non-IFRS Financial Measures
    In evaluating the Company’s business, the Company considers and uses non-IFRS measures, adjusted EBITDA and adjusted profit / (loss), as supplemental measures to review and assess its operating performance. The Company defines adjusted EBITDA as earnings before interest, taxes, depreciation and amortization, further adjusted to exclude the listing fee and share-based payment expenses under IFRS 2, changes in fair value of derivative liabilities, loss on extinguishment of debt, changes in fair value of holdback shares for acquisition of FreeChain, and changes in fair value of cryptocurrency-settled receivables and payables, and defines adjusted profit/(loss) as profit/(loss) adjusted to exclude the listing fee and share-based payment expenses under IFRS 2, changes in fair value of derivative liabilities, loss on extinguishment of debt, changes in fair value of holdback shares for acquisition of FreeChain, and changes in fair value of cryptocurrency-settled receivables and payables.

    The Company presents these non-IFRS financial measures because they are used by its management to evaluate its operating performance and formulate business plans. The Company also believes that the use of these non-IFRS measures facilitate investors’ assessment of its operating performance. These measures are not necessarily comparable to similarly titled measures used by other companies. As a result, investors should not consider these measures in isolation from, or as a substitute analysis for, the Company’s loss for the periods, as determined in accordance with IFRS. The Company compensates for these limitations by reconciling these non-IFRS financial measures to the nearest IFRS performance measure, all of which should be considered when evaluating its performance. The Company encourages investors to review its financial information in its entirety and not rely on a single financial measure.

    The following table presents a reconciliation of loss for the relevant period to adjusted EBITDA and adjusted profit / (loss), for the three and twelve months ended December 31, 2024 and 2023.


    BITDEER GROUP NON-IFRS ADJUSTED EBITDA AND ADJUSTED PROFIT / (LOSS) RECONCILIATION
                     
        Three months ended Dec 31,   Years ended Dec 31,
    (US $ in thousands)   2024   2023   2024   2023
                     
    Adjusted EBITDA                
    Loss for the periods   (531,917)     (5,031)     (599,151)     (56,656)  
    Add:                
    Depreciation and amortization   25,116     19,654     81,096     75,541  
    Income tax (benefit) / expenses   (761)     9,950     (2,443)     5,685  
    Interest (income) / expense, net   8,729     (753)     10,050     (2,872)  
    Listing fee               33,151  
    Share-based payment expenses   8,658     11,322     33,968     45,488  
    Changes in fair value of derivative liabilities   469,501         498,167      
    Loss on extinguishment of debt   8,172         8,172      
    Changes in fair value of holdback shares for acquisition of FreeChain   2,970         3,186      
    Changes in fair value of cryptocurrency-settled receivables and payables   5,733     (1,810)     6,362     (3,305)  
    Total of Adjusted EBITDA   (3,799)     33,3322     39,407     97,0322  
                     
    Adjusted Profit / (loss)                
    Loss for the periods   (531,917)     (5,031)     (599,151)     (56,656)  
    Add:                
    Listing fee               33,151  
    Share-based payment expenses   8,658     11,322     33,968     45,488  
    Changes in fair value of derivative liabilities   469,501         498,167      
    Loss on extinguishment of debt   8,172         8,172      
    Changes in fair value of holdback shares for acquisition of FreeChain   2,970         3,186      
    Changes in fair value of cryptocurrency-settled receivables and payables   5,733     (1,810)     6,362     (3,305)  
    Total of Adjusted Profit / (loss)   (36,883)     4,4812     (49,296)     18,6782  
                     

    For investor and media inquiries, please contact:

    Investor Relations
    Yujia Zhai
    Orange Group
    bitdeerIR@orangegroupadvisors.com

    Public Relations
    Nishant Sharma
    BlocksBridge Consulting
    bitdeer@blocksbridge.com


    1 “Adjusted EBITDA” is defined as earnings before interest, taxes, depreciation and amortization, further adjusted to exclude the listing fee and share-based payment expenses under IFRS 2, changes in fair value of derivative liabilities, loss on extinguishment of debt, changes in fair value of holdback shares for acquisition of FreeChain, and changes in fair value of cryptocurrency-settled receivables and payables.
    2 During the current period, we revised definition of our previously reported non-IFRS Adjusted Profit and Adjusted EBITDA and recast the prior period for comparability. This revision, which resulted in a US$1.8 million and US$3.3 million revision to Q4 2023 and Year-ended 2023 metrics, respectively, reflects non-cash fair value changes in crypto settled receivables and payables as they do not represent normal operating expenses (or income) necessary to operate our business.
    3 Indicative timing. All timing references are to calendar quarters and years.
    4 Figures may not add due to rounding.
    5 “Adjusted profit/(loss)” is defined as profit/(loss) adjusted to exclude the listing fee and share-based payment expenses under IFRS 2, changes in fair value of derivative liabilities, loss on extinguishment of debt, changes in fair value of holdback shares for acquisition of FreeChain, and changes in fair value of cryptocurrency-settled receivables and payables.
    6 Included nil and approximately US$17.2 million generated from hosting service provided to a related party for the three months and year ended December 31, 2024.

    The MIL Network

  • MIL-OSI Asia-Pac: Legislative Council Members visit Sha Tau Kok (with photos)

    Source: Hong Kong Government special administrative region

    Legislative Council Members visit Sha Tau Kok (with photos)
    Legislative Council Members visit Sha Tau Kok (with photos)
    ***********************************************************

    The following is issued on behalf of the Legislative Council Secretariat:     Legislative Council (LegCo) Members, together with North District Council (DC) members, conducted a site visit to Sha Tau Kok today (February 25) to follow up on the concerns and proposals raised during a meeting held at the LegCo between the two parties in November 2024 regarding the tourism development in Sha Tau Kok.      LegCo Members first visited Luk Keng Road near Sha Tau Kok, and learnt from representatives of the Government about the current restrictions on large vehicles due to the narrow road width and the numerous turns. LegCo Members and North DC Members also discussed about the feasibility of widening Luk Keng Road and relaxing the restrictions on coach access.      LegCo Members then visited Sha Tau Kok, including Chung Ying Street Checkpoint, San Lau Street which was the largest remaining Guangzhou-style arcade complex, and Sha Tau Kok Pier which was the longest pier in Hong Kong, to gain a better understanding of the latest development and tourism supporting facilities therein. LegCo Members noted that the Culture, Sports and Tourism Bureau (CSTB) published the Action Plan on Sha Tau Kok Cultural Tourism Zone in December 2024, in tandem with the promulgation of the Development Blueprint for Hong Kong’s Tourism Industry 2.0. The CSTB would continue to promote the tourism development in Sha Tau Kok under the overall principle of “low density, high quality” and through enriching its historical and cultural elements.      During the visit, LegCo Members also exchanged views with representatives of the Government on how to give full play to the cultural and tourism resources of Sha Tau Kok, to make good use of the opportunities and challenges brought by the gradual opening up of the Sha Tau Kok Frontier Closed Area, and to explore feasible measures for further facilitation to tourists visiting Sha Tau Kok.      LegCo Members who participated in the visit were Mr Lau Kwok-fan, Dr Wendy Hong and Mr Lai Tung-kwok.

     
    Ends/Tuesday, February 25, 2025Issued at HKT 19:25

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Women peacekeepers’ presence and actions demonstrate the importance of gender diversity in creating sustainable peace and security: Shri Sanjay Seth

    Source: Government of India

    Women peacekeepers’ presence and actions demonstrate the importance of gender diversity in creating sustainable peace and security: Shri Sanjay Seth

    “Our priorities must be human-centric, multi-dimensional and sustainable, ensuring that growth is inclusive, equitable and environmentally conscious”

    Posted On: 25 FEB 2025 4:35PM by PIB Delhi

    “Women peacekeepers contribute in preventing and responding to gender-based violence, providing support and protection to survivors. Their presence and actions demonstrate the importance of gender diversity in creating sustainable peace and security” highlighted Raksha Rajya Mantri Shri Sanjay Seth while delivering the valedictory address at the conference on ‘Women in Peacekeeping – A Global South Perspective’ in New Delhi on February 25, 2025. The Centre for United Nations Peacekeeping in India organised a two-day conference which united women peacekeepers from India and 35 other countries to examine the changing role of women in peacekeeping and collaborate on strategies to enhance their participation in the challenging missions.

    Raksha Rajya Mantri emphasised on the fact that India is a proud partner in peace keeping operations, having deployed more than 2.9 lakh troops over seven decades in more than 50 UN Peacekeeping Missions. “As one of the largest troop contributors, we recognise that peacekeeping is not just about deploying forces but about strengthening capacities, enhancing preparedness and ensuring a people-centric, culturally sensitive and inclusive approach to conflict resolution,” he added. He highlighted that participation of women peacekeepers fosters an inclusive approach to peacekeeping, ensuring that the unique needs of women and children are addressed in conflict-affected areas.

    Throwing light on the ever evolving security landscape with multiple conflicts and emerging challenges, Shri Sanjay Seth underscored that there is a need for unity among Global South nations to secure peace, prosperity and stability. He further stated that the countries must learn from each other’s experiences, leverage the collective wisdom and pool the resources to transform shared aspirations into tangible progress.

    Raksha Rajya Mantri reiterated the vision of Prime Minister Shri Narendra Modi that India has articulated its global engagement through five guiding principles: Respect, Dialogue, Cooperation, Peace & Prosperity. He underlined that these principles have reflected nation’s commitment to foster a world order that is just, balanced and representative of the aspirations of all nations. “Our priorities must be human-centric, multi-dimensional and sustainable, ensuring that growth is inclusive, equitable and environmentally conscious,” he added.

    At the end of the conference, Shri Sanjay Seth felicitated and interacted with women peacekeepers for their exceptional contributions and dedication to global peace and security. He stated that they also serve as role models, challenge traditional gender norms and inspire local women to take on leadership roles.

    During the first day of the conference, several critical issues were addressed which impacted the UN peacekeepers such as discussions on tackling ‘Sexual Exploitation & Abuse’ within peacekeeping environments and exploring how modern technology in peacekeeping can improve operational effectiveness. The second day expanded on key topics such as the ‘Role of Women Peacekeepers’, ‘Opportunities for Collaboration in Training and Capacity Building in the Global South’, and ‘Promoting Regional Cooperation in Peacekeeping’.

    Vice Chief of Army Staff Lt Gen NS Raja Subramani, Under Secretary General for Peace Operations, Department of Peace Operations Mr Jean-Pierre Lacroix, Women officers from the Global South Countries & India, Senior dignitaries and other senior military officers were also present on the occasion. The conference served as a reaffirmation of India’s leadership in promoting inclusive and effective peacekeeping operations. It highlighted the nation’s commitment to gender equality, showcasing the important role women play in global security and peace efforts. Through collaborative discussions and actionable strategies, the conference aimed to enhance the role of women peacekeepers and increase their impact on future missions.

    *****

    SR/KB

    (Release ID: 2106136) Visitor Counter : 82

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: The Department of Administrative Reforms and Public Grievances (DARPG) released the 30th Report Centralized Public Grievance Redress and Monitoring System (CPGRAMS) for States/UTs of January, 2025

    Source: Government of India

    The Department of Administrative Reforms and Public Grievances (DARPG) released the 30th Report Centralized Public Grievance Redress and Monitoring System (CPGRAMS) for States/UTs of January, 2025

    61,465PG cases were received by States/UTs in January, 2025

    A total of 58,586grievances redressed by States/UTs in January, 2025. Pendency in States/UTs stands at 1,88,408  grievances

    Posted On: 25 FEB 2025 4:21PM by PIB Delhi

    The Department of Administrative Reforms and Public Grievances (DARPG) released the Centralized Public Grievance Redress and Monitoring System (CPGRAMS) 30thmonthly report for States/UTs for January, 2025. The said report provides a detailed analysis of types and categories of public grievances and the nature of disposal by the States/UTs.

    A total of 58,586 grievances were redressed by the States and Union Territories in January, 2025. The pendency of grievances on the CPGRAMS portal stands at 1,88,408 grievances across the States/UTs Governments, as of 31st January, 2025.

    The report provides the data for new users registered on CPGRAMS through CPGRAMS Portal in the month of January, 2025. A total of 56,214 new users registered in the month of January, 2025, with maximum registrations from Uttar Pradesh (8,843) registrations.

    The said report also provides the state-wise analysis on the grievances registered through Common Service Centres in January, 2025. CPGRAMS has been integrated with the Common Service Centre (CSC) portal and is available at more than 5 lakh CSCs, associating with 2.5 lakh Village Level Entrepreneurs (VLEs). 5,863 grievances were registered through CSCs in the month of January, 2025, in which maximum grievances were filed from Uttar Pradesh (1,725 grievances) followed by Odisha (829 grievances). It also highlights the major issues/categories for which the maximum grievances were registered through CSCs.

    In January, 2025, the Feedback Call Centre collected 53,821feedbacks, out of the total feedbacks collected. In January, 2025, 20,973 feedbacks were collected for States/UTs by the Feedback Call Centre.

    Uttar Pradesh has received the maximum number of grievances in January, 2025 with the number standing at 23,337 grievances. 16 States/UTs have received more than 1,000 grievances in the month of January, 2025. Uttar Pradesh and Maharashtra disposed the maximum number of grievances in January, 2025, with the number standing at 21,899 and 5,138 grievances respectively. 14 States/UTs have disposed more than 1,000 grievances in the month of January, 2025.

    The report also includes the status of grants released under the Sevottam Scheme in the FY 2022-23 and FY 2023-24. In the last three Financial Years (2022-23, 2023-24, 2024-25), 713 training courses have been completed, in which ~23,368 officers have been trained.

    S No.

    Financial Year

    Training Conducted

    Officers Trained

    1

    2022-23

    280

    8,496

    2

    2023-24

    236

    8,477

    3

    2024-25

    197

    6,395

    TOTAL

    713

    23,368

     

    Key Highlights for the month of January, 2025, are as follows:

    1. Status of Public Grievances on CPGRAMS:
    • In January, 2025, 61,465PG cases were received for the States/UTs and 58,586PG cases were redressed.
    • The monthly disposal in States/UTs decreased from 67,193 PG cases at the end of December, 2024, to 58,586 PG cases at the end of January, 2025.
    1. Status of Pendency of Public Grievances on CPGRAMS
    • 23 States/UTs have more than 1,000 pending grievances as on 31st January, 2025.
    • For States/UTs, as on 31st January, 2025, there exists a pendency of 1,88,408 PG cases.
    • The pendency in the States/UTs has increased from 1,85,519 PG cases at the end of December, 2024 to 1,88,408 PG cases at the end of January, 2025

    The report also features 5 success stories of effective grievance resolution from Central Ministries/Departments:

    1. Grievance of Smt. Indira Devi – Issuance of Certificate for single women

    Smt. Indira Devi, a resident of Chudoli village, has lived alone for 15–16 years after being abandoned by her husband. Despite caring for her children alone, she was not receiving government benefits like Palanhar or pension. Following a request from the Sarpanch, the District Collector directed an investigation by the Village Development Officer and Patwari. Based on the findings, the Magistrate of Dhod issued a certificate of abandonment on the spot during the “Prashasan gaon Ki Ore” campaign. This enabled Smt. Indira Devi to receive immediate pension approval and access to other benefits for single women.

    1. Grievance of Shri Prashant Sharma – Issuance of EWS Certificate

    Shri Prashant Sharma stated that he had applied for an EWS certificate, however, his application was not processed. Despite addressing all objections and resubmitting the required documents, no action was taken, and the certificate remains unapproved. The complainant requested necessary action, following which the EWS certificate was issued to the applicant.

    1. Grievance of Shri Deendayal Sharma – Disbursement of pending pension

    The pension application of Shri Deendayal Sharma was initially rejected due to discrepancies in the submitted documents. Seeking to resolve the issue and have his pension approved, the complainant lodged a formal grievance. Upon contacting him over phone, he was requested to visit the Tehsil Office in Karauli with all necessary documents. After thorough verification at both the first and second levels, the discrepancies were resolved, and Shri Deendayal Sharma’s pension was successfully sanctioned.

    1. Grievance of Smt. Sudesh Rani – Disbursement of pending pension under National & State Single Woman Pension Scheme

    Smt. Sudesh Rani filed a grievance regarding delayed pension payments under the National and State Single Woman Pension Scheme. Despite her application being approved, pensions for July, August, and September 2024 had not been credited to her account via the DBT system, causing financial hardship. The authorities promptly acted on the grievance, verified the records, and disbursed the pending payments for July to October 2024 directly to her account under the DBT mechanism.

    1. Grievance of Shri Sobaran Singh – Ration not provided to cardholders

    Shri Sobaran Singh, village head of Digwar, Tehsil Pali, reported that the operator of a government ration shop, Shivcharan, refused to provide ration to cardholders, instead weighing sacks of sand after recording their fingerprints. Those who protested faced abuse and threats of false cases. Concerned villagers raised their grievances during Sampoorna Samadhan Diwas. Their complaint prompted an investigation, which confirmed the misconduct and irregularities committed by the fair price sellers. With the District Magistrate’s approval on 26th November 2024, an FIR was lodged against Shivcharan, Fair Price Seller. Further action is under process regarding which the complainant has also been informed.

    ***

    NKR/PSM

    (Release ID: 2106130) Visitor Counter : 73

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: The Department of Administrative Reforms and Public Grievances (DARPG) released the 33rd Monthly Report on Centralized Public Grievance Redress and Monitoring System (CPGRAMS) of Central Ministries/ Departments performance for the month of January, 2025

    Source: Government of India

    The Department of Administrative Reforms and Public Grievances (DARPG) released the 33rd Monthly Report on Centralized Public Grievance Redress and Monitoring System (CPGRAMS) of Central Ministries/ Departments performance for the month of January, 2025

    A total of 1,25,789 Grievances were Redressed by Central Ministries/Departments in January, 2025

    For the 31st month in a row, the monthly disposal crossed 1 lakh cases in the Central Secretariat

    Department of Posts, Department of Telecommunications, andDepartment of Revenuetopped in Group A category in the rankings released for the month of January, 2025

    Department of Land Resources, Ministry of Parliamentary Affairs and Department of Heavy Industry topped in Group B category in the rankings released for the month of January, 2025

    Posted On: 25 FEB 2025 4:19PM by PIB Delhi

    The Department of Administrative Reforms and Public Grievances (DARPG) released the Centralized Public Grievance Redress and Monitoring System (CPGRAMS) monthly report for January 2025, which provides a detailed analysis of types and categories of public grievances and the nature of disposal. This is the 33rdreport on Central Ministries/Departments published by DARPG.

    The progress for January 2025 indicates 1,25,789 Grievances Redressed by Central Ministries/Departments. The Average Grievance Disposal Time in the Central Ministries/Departments from 1st January to 31stJanuary 2025 is 15 days. These reports are part of the 10-step CPGRAMS reform process which was adopted by DARPG to improve the quality of disposal and reduce the timelines.

    The report provides the data for new users registered through the CPGRAMS Portal in the month of January 2025. A total of 56,214new users registered in the month of January 2025, with maximum registrations from Uttar Pradesh (8,843) registrations.

    The said report also provides the Ministry/Department-wise analysis on the grievances registered through Common Service Centres in January 2025. CPGRAMS has been integrated with the Common Service Centre (CSC) portal and is available at more than 5 lakh CSCs, associating with 2.5 lakh Village Level Entrepreneurs (VLEs). 5,863 grievances were registered through CSCs in the month of January 2025. It also highlights the major issues/categories for which the maximum grievances were registered through CSCs.

    In January 2025, the Feedback Call Centre collected 53,821feedbacks. 33,028 feedbacks (61%) were collected for Central Ministries/Departments by the Feedback Call Centre.

    The following are the Key Highlights of the DARPG’s monthly CPGRAMS report for January 2025 for Central Ministries/ Departments:

    1. PG Cases:
    • In January 2025, 1,25,442 PG cases were received on the CPGRAMS portal, 1,25,789 PG cases were redressed and there exists a pendency of 58,425PG cases, as of 31stJanuary 2025.
    1. PG Appeals:
    • In January 2025, 21,175appeals were received and 20,086 appeals were disposed.
    • The Central Secretariat has a pendency of 25,160 PG Appeals at the end of January 2025.
    1. Grievance Redressal Assessment and Index (GRAI) – January 2025
    • Department of Posts, Department of Telecommunications, and Department of Revenue are amongst the top performers in the Grievance Redressal Assessment & Index within the Group A (more than equal to 500 grievances) for January 2025.
    • Department of Land Resources, Ministry of Parliamentary Affairs and Department of Heavy Industry are amongst the top performers in the Grievance Redressal Assessment & Index within the Group B (less than 500 grievances) for January 2025.

    The report also features 4 success stories of effective grievance resolution from Central Ministries/Departments:

    1. Grievance of Shri Selva Kumar – HDFC Account under debit freeze

    Shri Selva Kumar received a notification from HDFC Bank stating that a Debit/Withdrawal Block had been placed on his account due to non-compliance with account guidelines. Following this, he visited the branch, completed the e-KYC process, and submitted the required documents as instructed. Despite repeating this process three times at the bank’s request, his debit account remained frozen. Upon further inquiry, the bank informed Shri Kumar that the freeze was due to excessive UPI P2P transactions. The branch manager suggested converting his Farmer’s Savings Account into a regular Savings Account as an alternative solution. However, this conversion was not processed, and the account’s debit freeze remained unresolved. Frustrated by the delays and lack of resolution, Shri Kumar escalated the matter by filing a grievance on the CPGRAMS Portal, seeking immediate action. In response, HDFC Bank provided a written confirmation stating that the debit freeze on his account had been successfully removed. The grievance was resolved within a week to complainant’s satisfaction.

    1. Grievance of Shri Ram Prasad Dhakar – Transfer of balance to new HDFC Smart Hub Vypaar Prepaid Card

    Shri Ram Prasad Dhakar reported that his HDFC Smart Hub Vypaar Prepaid Card, which had a balance of Rs. 10,500, was accidentally lost. He promptly lodged a complaint with the customer care center and received a new card. However, the balance of Rs. 10,500 from the lost card was not credited to the new card. Despite filing multiple complaints with the HDFC Branch Manager over the past two years, the issue remained unresolved. Frustrated by the lack of action, Shri Dhakar raised a grievance on the CPGRAMS Portal, seeking a prompt resolution. In response, HDFC Bank provided a written confirmation that the balance of Rs. 10,500 had been successfully transferred from the lost card to the new one. The issue was resolved within two weeks, and Shri Dhakar praised the CPGRAMS platform for its efficient and effective grievance redressal mechanism.

    1. Grievance of Shri Rama Shankar Singh – Non-receipt of gratuity payment

    Shri Rama Shankar Singh, who retired as Chief Travelling Ticket Inspector (CCTT) from Northeast Frontier Railways on 30th June 2024, faced delays in receiving his gratuity amount of approximately Rs. 16 lakhs, despite having submitted all the required No Dues certificates. Seeking intervention for the prompt release of his gratuity along with applicable interest, he filed a grievance on the CPGRAMS Portal. In response, the gratuity amount of Rs. 16,33,500 was transferred to Shri Singh, resolving the grievance within 10 days to his utmost satisfaction.

    1. Grievance of Smt. Swati – Removal of EMI lock from device

    Smt. Swati purchased a mobile phone on EMI, financed by Bajaj Finance. Despite completing all the EMI payments, her phone was locked by the financier. Seeking immediate resolution, she filed a grievance on the CPGRAMS portal. In response, Bajaj Finance confirmed in a written reply that the loan had been successfully closed and the EMI lock has been removed from her device. The grievance was successfully resolved to complainant’s satisfaction.

    ***

    NKR/PSM

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: TRIFED signs MoUs with National Institute of Fashion Technology and Himachal Pradesh Horticulture Produce Marketing and Processing Corporation Ltd for facilitating tribal entrepreneurship

    Source: Government of India (2)

    Posted On: 25 FEB 2025 4:08PM by PIB Delhi

    In a significant move to transcend from B2C to B2B approach for tribal marketing, Tribal Cooperative Marketing Development Federation of India Ltd (TRIFED), under the Ministry of Tribal Affairs, has entered into a strategic partnership with NIFT, and HPMC to facilitate tribal businesses. To take it forward, Memoranda of Understanding (MoUs) were signed on 24th February in New Delhi, marking a pivotal step in facilitating the implementation of the B2B approach and augmentation of the tribal product market.

    The MoUs were signed in the presence of Managing Director of TRIFED Shri Ashish Chatterjee and NIFT Director General Ms Tanu Kashyap during the ongoing flagship event ‘Aadi Mahotsav’, held at Major Dhyan Chand National Stadium in the National Capital from 16 to 24 February 2025. The NIFT MoU was signed and exchanged between TRIFED General Manager Shri Sandeep Pahalwan and NIFT Director Head Office Mr Gaurav Mishra.  The HPMC MoU was signed and exchanged between TRIFED General Manager Ms Mamta Sharma and HPMC General Manager Shri Sunny Sharma.

    The principal objective of the MoU with NIFT is to facilitate the product curation and design development of the handloom and handicraft products of the tribal artisans. The HPMC will assist in augmenting technology and tertiary processing of horticulture and minor forest products.

    President of India Smt Droupadi Murmu had inaugurated the festival on February 16, 2025, in the august presence of Shri Jual Oram, Union Minister for Tribal Affairs; Shri Durga Das Uikey, MoS Tribal Affairs and Ms Bansuri Swaraj, Member of Parliament.

    About TRIFED:

    * TRIFED is an organization under the Ministry of Tribal Affairs, Government of India, dedicated to the socio-economic development of tribal communities through the marketing development of tribal products.

    About NIFT:

    *NIFT typically refers to the National Institute of Fashion Technology, which is a premier fashion institute in India. Established in 1986, NIFT offers undergraduate, postgraduate, and doctoral programs in various fields related to fashion, design, technology, and management. The institute is known for its comprehensive curriculum, which combines creative design, technical expertise, and managerial skills.

    About HPMC:

    *Himachal Pradesh Horticulture Produce Marketing and Processing Corporation Ltd (HPMC) is a state government undertaking established to support the horticulture sector in Himachal Pradesh, India. Founded in 1974, the corporation aims to facilitate the marketing and processing of horticultural produce from the region, which is known for its diverse range of fruits and vegetables.

    ***

    Pawan Singh Faujdar/Divyanshu Kumar

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: TRIFED signs MoU with Rooftop to facilitate skill enhancements of tribal artisans and facilitating their businesses

    Source: Government of India (2)

    Posted On: 25 FEB 2025 4:06PM by PIB Delhi

    In a significant move to transcend from B2C to B2B approach for tribal marketing, Tribal Cooperative Marketing Development Federation of India Ltd (TRIFED), under the Ministry of Tribal Affairs, has entered into a strategic partnership with Rooftop to facilitate tribal businesses. To take it forward, Memorandum of Understanding (MoU) was signed on 24th February in New Delhi, marking a pivotal step in facilitating the implementation of the B2B approach and augmentation of the tribal product market.

    The MoU was signed in the presence of Managing Director of TRIFED Shri Ashish Chatterjee during the ongoing flagship event ‘Aadi Mahotsav’, held at Major Dhyan Chand National Stadium in the National Capital from 16 to 24 February 2025. Rooftop MoU was signed and exchanged between TRIFED Deputy General Manager Ms Preeti Tolia and Rooftop Founder & CEO Shri Kartik Gaggar. The principal objective of the MoU is to aid the skill enhancements of the tribal artisans.

    President of India Smt Droupadi Murmu had inaugurated the festival on February 16, 2025, in the august presence of Shri Jual Oram, Union Minister for Tribal Affairs; Shri Durga Das Uikey, MoS Tribal Affairs and Ms Bansuri Swaraj, Member of Parliament.

    About TRIFED:

    * TRIFED is an organization under the Ministry of Tribal Affairs, Government of India, dedicated to the socio-economic development of tribal communities through the marketing development of tribal products.

    About Rooftop:

    *Rooftop is an innovative platform that offers art workshops and events, both virtually and in-person, to foster creativity and learning. It connects art enthusiasts with expert artists and teachers, making art accessible to everyone. Rooftop provides engaging, high-quality content that inspires creativity and personal growth, catering to individuals of all skill levels and backgrounds.

    ***

    Pawan Singh Faujdar/Divyanshu Kumar

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: TIME USE SURVEY (TUS) (JANUARY – DECEMBER, 2024)

    Source: Government of India (2)

    TIME USE SURVEY (TUS) (JANUARY – DECEMBER, 2024)

    “Increase in women participation in employment-related activities”

     “More acknowledgement of caregiving activities regardless of gender within Indian families”

    “Time spent in Culture, leisure, mass-media and sports practices has increased in both men and women”

    Posted On: 25 FEB 2025 4:00PM by PIB Delhi

    1. Introduction

    Time Use Survey (TUS) provides a framework for measuring time dispositions by the population on different activities. It is an important source of information about the activities that are performed by the population and the time duration for which such activities are performed. One distinguishing feature of the Time Use Survey from other household surveys is that it can capture time disposition on different aspects of human activities, be it paid, unpaid or other activities with such details which is not possible in other surveys.

    India is among the few countries, including Australia, Japan, the Republic of Korea, New Zealand, USA and China that conduct the National Time Use Survey to analyze how people allocate their time to various daily activities. The primary objective of the Survey is to measure the participation of men and women in paid and unpaid activities. TUS is an important source of information on the time spent in unpaid caregiving activities, volunteer work, and unpaid domestic service-producing activities of the household members. It also provides information on time spent on learning, socializing, leisure activities, self-care activities, etc., by the household members.

    The National Statistics Office (NSO), MoSPI conducted the first all-India Time Use Survey during January – December 2019. The present TUS conducted during January – December 2024 is the second such All-India Survey.

    1. Key Highlights of the Results of Time Use Survey, 2024 (TUS, 2024):
    • During 2024, 75 percent of the males and 25 per cent of the females in the age group 15-59 years, participated in employment and related activities during the reference period of 24 hours. Such participation was 70.9 percent for males and 21.8 percent for females in the age group 15-59 years during 2019.
    • Female participants aged 15-59 years in unpaid domestic services spent about 315 minutes during 2019 in those activities, which has come down to 305 minutes during 2024 signifying the shift from unpaid to paid activities.
    • 41 per cent of females aged 15-59 years participated in caregiving for their household members, male participation in this age group in such caregiving was 21.4 per cent. Also, female participants in caregiving activities spent about 140 minutes in a day, compared to 74 minutes spent by male participants aged 15-59 years. This corroborates the Indian social fabric wherein most of the caregiving responsibilities for household members are borne by the females of the household.
    • 24.6 per cent of the rural population aged 15-59 years participated in producing goods for own final use and they spent 121 minutes a day doing such activities.
    • 89.3 per cent of children aged 6-14 years participated in learning activities and they spent around 413 minutes in a day for such activities.
    • People aged 6 years and above spent 11 per cent of their days’ time in culture, leisure, mass media and sports practices during 2024, compared to 9.9 per cent of the days’ time spent during 2019.
    • 708 minutes in a day was spent on self-care and maintenance activities by persons aged 6 years and above. Females of this age group spent 706 minutes while males spent 710 minutes in such activities.
    1. Features of the Survey

    In TUS, 2024, respondents were asked about their activities performed in the designated time slots of 30 minutes and the same was recorded against the corresponding slot. In case of multiple activities in a time slot, a maximum of three activities which were performed for 10 minutes or more, were recorded. Information on time use was collected for persons aged 6 years and above with a reference period of 24 hours.

    1. Coverage: This survey covered 1,39,487 households (rural: 83,247 and urban: 56,240). Information on time use was collected from each member of age 6 years and above of the selected households. This survey enumerated 4,54,192 persons aged 6 years and above (rural: 2,85,389 and urban: 1,68,803).
    2. Data Collection:  In this survey data on time use was collected through CAPI (Computer-Assisted Personal Interviews). Information on time use was collected with a reference period of 24 hours starting from 4:00 AM on the day before the date of the interview to 4:00 AM on the day of the interview
    3. Presentation of the estimates: All-India level estimates for persons of age 6 years and above, obtained from the Time Use Survey, 2024, have been presented in the Fact Sheet.

     

    Major Indicators: The major indicators generated from TUS, 2024 are described here.

    • PARTICIPATION RATE: Participation rate in a day in any activity is calculated as the percentage of persons performing that activity during the day.
    • AVERAGE TIME SPENT IN A DAY PER PARTICIPANT: The average time spent in a day per participant for any activity is calculated by considering those who participated in the activity. Estimates of average time in a day in different activities derived by considering only the participants in the activities are referred to as average time spent in a day per participant.

     

    • AVERAGE TIME SPENT IN A DAY PER PERSON: The average time spent in a day per person for any activity is calculated by considering all the persons irrespective of whether they participated in the activity or not. By this approach, the distribution of the total time of 1440 minutes of a day per person in different activities is derived.
    1. The key findings of the TUS 2024 are given in the Statements annexed while the Fact Sheet is accessible at https://mospi.gov.in.

     

    Key Findings of the Survey

     

    Table 1: Percentage of persons of age 6 years and above participating in different activities in a day

    all-India

    Description of the activity

    sector

    gender

    rural

    urban

    rural+urban

    male

    female

    person

    Employment and related activities

    41.1

    40.5

    40.9

    60.8

    20.7

    40.9

    Production of goods for own final use

    21.6

    6.2

    16.8

    13.0

    20.7

    16.8

    Unpaid      domestic      services      for household members

    54.2

    53.9

    54.1

    27.1

    81.5

    54.1

    Unpaid     caregiving      services     for household members

    26.5

    24.5

    25.9

    17.9

    34.0

    25.9

    Unpaid volunteer, trainee and other unpaid work

    1.0

    1.1

    1.0

    0.9

    1.1

    1.0

    Learning

    21.7

    20.7

    21.4

    22.6

    20.2

    21.4

    Socializing      and      communication,

    community         participation         and religious practice

    90.1

    90.8

    90.3

    89.8

    90.7

    90.3

    Culture, leisure, mass-media and sports practices

    91.8

    95.8

    93.0

    95.3

    90.7

    93.0

    Self-care and maintenance

    100.0

    100.0

    100.0

    100.0

    100.0

    100.0

    Note: The estimates have been calculated considering all the activities in a time slot

     

    Table 2: Average time (in minutes) spent in a day per participant of age 6 years and above in different activities

    all-India

    Description of the activity

    sector

    gender

    rural

    urban

    rural+urban

    male

    female

    person

    Employment and related activities

    417

    490

    440

    473

    341

    440

    Production of goods for own final use

    123

    64

    116

    137

    104

    116

    Unpaid       domestic       services       for household members

    241

    232

    238

    88

    289

    238

    Unpaid      caregiving      services      for household members

    115

    117

    116

    75

    137

    116

    Unpaid volunteer, trainee and other unpaid work

    121

    123

    122

    139

    108

    122

    Learning

    413

    419

    414

    415

    413

    414

    Socializing and communication, community participation and religious practice

    142

    131

    138

    138

    139

    138

    Culture, leisure, mass-media and sports practices

    165

    183

    171

    177

    164

    171

    Self-care and maintenance

    711

    701

    708

    710

    706

    708

    Note: The estimates have been calculated considering all the activities in a time slot

    Table 3: Percentage share of total time in different activities in a day per person of age 6 years and above

     

    all-India

     

    Description of the activity

    sector

    gender

     

    rural

    urban

    rural+urban

    male

    female

    person

     

    Employment         and         related activities

    11.9

    13.8

    12.5

    19.9

    4.9

    12.5

     

    Production of goods for own final use

    1.9

    0.3

    1.4

    1.3

    1.5

    1.4

     

    Unpaid domestic services for household members

    9.1

    8.7

    9.0

    1.7

    16.4

    9.0

     

    Unpaid caregiving services for household members

    2.1

    2.0

    2.1

    0.9

    3.3

    2.1

     

    Unpaid volunteer, trainee and other unpaid work

    0.1

    0.1

    0.1

    0.1

    0.1

    0.1

     

    Learning

    6.3

    6.0

    6.2

    6.5

    5.8

    6.2

     

    Socializing and communication, community      participation      and

    religious practice

    8.9

    8.3

    8.7

    8.6

    8.8

    8.7

     

    Culture, leisure, mass-media and sports practices

    10.5

    12.2

    11.0

    11.7

    10.3

    11.0

     

    Self-care and maintenance

    49.4

    48.7

    49.2

    49.3

    49.0

    49.2

     

    Total

    100.0

    100.0

    100.0

    100.0

    100.0

    100.0

     

    Note: (i) The estimates have been calculated considering all the activities in a time slot

    (ii) Figures may not add up to 100 due to rounding off.

     

                               

     

    *******

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  • MIL-OSI Asia-Pac: EDB holds kick-off ceremony and experiment proposal design briefing session for Hong Kong Secondary Student Space Station Popular Science Payload and Science Experiment Design Challenge (with photos)

    Source: Hong Kong Government special administrative region

         The Education Bureau (EDB) is organising the Hong Kong Secondary Student Space Station Popular Science Payload and Science Experiment Design Challenge, which encourages student teams to submit scientific experiment design proposals suitable for implementation under space conditions or microgravity. The kick-off ceremony and experiment proposal design briefing session of the challenge were held today (February 25).

         The Secretary for Education, Dr Choi Yuk-lin, officiated at the ceremony, which took place at the Education Bureau Kowloon Tong Education Services Centre with representatives from the co-organising, supporting, and partner institutions. The challenge is jointly organised by the EDB, the Technology and Engineering Center for Space Utilization of the Chinese Academy of Sciences (CAS-TECSU), and the Hong Kong University of Science and Technology (HKUST), with the Department of Educational, Scientific and Technological Affairs of the Liaison Office of the Central People’s Government (LOCPG) in the Hong Kong Special Administrative Region (HKSAR) serving as a supporting organisation. The Beijing-Hong Kong Academic Exchange Centre, the Hong Kong Federation of Education Workers, and the Education Convergence are partner organisations.

         The challenge aims to promote aerospace education, deepen students’ understanding of the country’s achievements in the aerospace area, and strengthen their confidence in science and technology. Award-winning and selected proposals have opportunities to be realised and developed into final products, and would be recommended to the space station space mission and Space Station Hong Kong Popular Science Satellite Project, to commence in 2026.

         Speaking at the kick-off ceremony, Dr Choi said that China’s aerospace engineering is a major testament to the country’s technological and comprehensive national strengths, fulfilling the long-held aerospace dreams of the Chinese people. This competition gives students valuable opportunities for aerospace education, training and practice, enabling them to have the opportunity to participate in national aerospace projects, explore aerospace science, and realise their aerospace dreams. She added that the challenge is highly meaningful and students are encouraged to form teams to participate in it.

         She pointed out that, to align with the national direction of invigorating the country through science and education, and in support of Hong Kong’s development into an international innovation and technology (I&T) hub, the EDB continues to step up the promotion of STEAM (science, technology, engineering, the arts and mathematics) education in schools, with an aim to enhance students’ interest and capabilities in scientific research and I&T through diversified support measures.

         Dr Choi expressed her gratitude to the CAS-TECSU, the Department of Educational, Scientific and Technological Affairs of the LOCPG in the HKSAR, and HKUST, among other organisations, for their robust support of the challenge, which has enabled its smooth implementation.

         Associate Vice-President for Research and Development (Research) of HKUST Professor Penger Tong also officiated at the ceremony. He said he hopes that this science popularisation activity will ignite the passion of Hong Kong’s younger generation for aerospace technology and enable them to make greater contributions to the aerospace endeavours of the country.

         During the briefing session, the project leader of the Space Station Hong Kong Popular Science Satellite from HKUST, Professor Yu Hongyu, delivered a keynote titled “Exploring the Universe, Igniting Dreams – Building Aerospace Aspirations with Hong Kong Secondary Students,” introducing the latest developments in the aerospace technology of the country to teachers and students. Meanwhile, Associate Director of the Space Science and Technology Institute of HKUST Professor Wang Yi and EDB representatives introduced the regulations, rules, and scoring criteria of the challenge.

         Other officiating guests included the Deputy Director of the Department of Educational, Scientific and Technological Affairs of the LOCPG in the HKSAR, Dr Chen Zhilu; the President of the Beijing-Hong Kong Academic Exchange Centre, Mr Hsu Hoi-shan; the Chairman of the Hong Kong Federation of Education Workers, Mr Wong Kam-leung; and the Vice Chairperson of the Education Convergence, Mr Chan Wai-lun. A total of 400 teachers and students from various schools also attended the briefing session.

         Under the Hong Kong Secondary Student Space Station Popular Science Payload and Science Experiment Design Challenge, participating student teams are required to submit science experiment design proposals that are suitable for conducting in a space environment or under microgravity conditions for review by an expert panel. The organising bodies will provide a series of training activities for participating teams, including payload design creation sessions led by aerospace experts, as well as online consultations, payload design reviews and improvement suggestions. An award ceremony and achievement exhibition is expected to be held in late June or July.

         Student teams interested in participating are required to register on the challenge’s website (spacepayload.hkust.edu.hk) after obtaining a nomination from their respective school(s) by March 8. For details, please refer to Education Bureau Circular Memorandum No. 31/2025 (applications.edb.gov.hk/circular/upload/EDBCM/EDBCM25031E.pdf).         

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  • MIL-OSI Asia-Pac: DGMO VISITS MANIPUR FOR AN OVERVIEW OF SECURITY AND BORDER MANAGEMENT

    Source: Government of India

    Posted On: 25 FEB 2025 3:48PM by PIB Delhi

    The Director General Military Operations (DGMO) of Indian Army Lieutenant General Rajiv Ghai, visited Manipur on 24 and 25 February 2025 to gain a comprehensive understanding of the situation along the Indo-Myanmar Border (IMB) and insights into the status of ongoing border infrastructure developments in the state.

    During his visit, Lieutenant General Rajiv Ghai called on the Honourable Governor of Manipur Shri Ajay Kumar Bhalla, the State Security Advisor, the Chief Secretary of Manipur and the Director General of Police Manipur. The DGMO focused on the operational preparedness of the Indian Army, carried out an assessment of the security situation along the Indo-Myanmar Border (IMB), and the current security dynamics in the state, including fringe areas. He also emphasised on a ‘whole of Government approach’ during interactions with key stakeholders. The discussions centred around the normalisation of prevailing security situation in the state, particularly the need to enhance border management and strengthen security infrastructure along the IMB.

    Lieutenant General Ghai’s visit highlighted the collaborative approach between the military and state officials to implement strategic initiatives aimed at promoting stability and the welfare of the people of Manipur.

    _____________________________________________________________

    SC

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  • MIL-OSI Asia-Pac: Tender awarded for Tsing Yi modern logistics development site

    Source: Hong Kong Government special administrative region

         The Lands Department announced today (February 25) that the tender for a site, Tsing Yi Town Lot No. 202 at the junction of Tsing Hung Road and Tsing Yi Road, Tsing Yi, New Territories, has been awarded to Titanium 2 (HKSAR) Limited (parent company: Mapletree Investments Pte Ltd), on a 50-year land grant at a premium of $3,678,600,000.

         There was one tender for Tsing Yi Town Lot No. 202.
     
         A spokesman for the Transport and Logistics Bureau said, “The Government attaches great importance to logistics development in Hong Kong, which is crucial for complementing the growth of the city as an international maritime centre and international trade centre. To realise our vision of Hong Kong as a premier international logistics hub in the region with a focus on handling high-value goods, we have committed in the Action Plan on Modern Logistics Development, promulgated in October 2023, to providing a stable supply of quality logistics sites by releasing four quality logistics sites near the Hong Kong Kwai Tsing Container Terminals to address the industry’s need for modern, high-end, multi-storey logistics facilities primed for high value-added logistics operations with synergy with our port. The positive market response to Tsing Yi Town Lot No. 202, which is the first of such sites, clearly reflects the trade’s continual confidence in Hong Kong’s role as an international logistics hub. The Government will release the remaining three logistics sites in a timely manner, taking into consideration the market situation.”
     
         Tsing Yi Town Lot No. 202 has a site area of about 44 318 square metres and is designated for logistics services and public vehicle park purposes. The maximum gross floor area that may be attained is 227 836 sq m for developing multi-storey modern logistics facilities and a public vehicle park, thereby achieving multiple uses on one site.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: President of India graces centenary celebration of Patna Medical College

    Source: Government of India (2)

    Posted On: 25 FEB 2025 3:16PM by PIB Delhi

    The President of India, Smt Droupadi Murmu, graced the centenary celebration of Patna Medical College in Patna, Bihar today (February 25, 2025). 

    Speaking on the occasion, the President said that Patna Medical College is among the Bihar’s invaluable heritage. This institution has a glorious history of preserving antiquity and constantly moving towards modernity. PMCH was among the best hospitals in Asia. The alumni of this institute have brought glory to themselves and PMCH in the country and abroad on the strength of their talent, service, and dedication. 

    The President said that going to another city or state for treatment affects in many ways such as delays in treatment, problems of food, accommodation and employment. This also overburdens the medical institutions of major cities. Decentralisation of good medical institutions across the country would prove to help solve all these problems. Cities like Chennai, Hyderabad, Mumbai and Indore have developed as centres for specialty treatment. Bihar should also develop many such centers. This would not only provide good medical treatment to the people of Bihar but will also boost the economy of the state. PMCH and its alumni can greatly contribute to this endeavour with their experience. 

    The President said that this is the era of technology. Technology is playing an important role in the medical field as well. Technologies like Artificial Intelligence and Robotics are making the medical process simpler and more accurate. She urged all stakeholders of PMCH to always be ready to adopt the latest technologies. She said that it would not only make the treatment easier but would also increase doctors’ knowledge and efficiency. 

    The President said that our doctors are researchers, therapists, teachers and counselors as well. In all these roles, they serve the people and society and contribute to nation building. She urged them to make people aware of the importance of blood and organ donation.

    Please click here to see the president’s Speech

    *****

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  • MIL-OSI Asia-Pac: Vice-President to visit Kamle, Arunachal Pradesh on 26th February, 2025

    Source: Government of India (2)

    Vice-President to visit Kamle, Arunachal Pradesh on 26th February, 2025

    VP to be Chief Guest at First Ever Joint Mega Nyokum Yullo Celebration on Kamporijo Circle

    Posted On: 25 FEB 2025 3:05PM by PIB Delhi

    The Vice-President of India, Shri Jagdeep Dhankhar, will be on a one-day tour of Kamle District, Arunachal Pradesh on 26th February, 2025.

    During the visit, the Vice-President will preside as Chief Guest at First Ever Joint Mega Nyokum Yullo Celebration on Kamporijo Circle at Kamle District in Arunachal Pradesh.

    ****

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  • MIL-OSI Asia-Pac: SWAYATT initiative on GeM celebrates 6 years of transformative impact

    Source: Government of India

    SWAYATT initiative on GeM celebrates 6 years of transformative impact

    Women entrepreneurs comprise 8% of the registered sellers on GeM

    Posted On: 25 FEB 2025 2:44PM by PIB Delhi

    Government e Marketplace (GeM) commemorated six years of Startups, Women & Youth Advantage through eTransactions (SWAYATT) initiative at its New Delhi headquarter (HQ) on 19 February 2025. Launched on 19th February, 2019, SWAYATT was conceptualised with a clear objective of invigorating participation of women-led enterprises and youth in public procurement.

    Rooted in GeM’s foundational pillar of social inclusion, SWAYATT is portal’s commitment to enhance ease of doing business and establish direct market linkages to annual public procurement for startups, women entrepreneurs, Micro & Small Enterprises (MSEs), Self Help Groups (SHGs) and youth, especially those from backward sections of the society. Since inception, the initiative is focused at facilitating the training and onboarding of last-mile sellers, developing women entrepreneurship and encouraging participation and small-scale businesses in government procurement.

    On the occasion, GeM signed a Memorandum of Understanding (MoU) with Federation of Indian Chambers of Commerce & Industry (FICCI) Ladies Organisation (FICCI-FLO) – an all-India forum representing over 9,500 women entrepreneurs. By means of this partnership, GeM intends to provide direct access for women entrepreneurs with government buyers, sans intermediaries, thereby ensuring better product prices, spurring hyper-local job creation and igniting inclusive growth. By extending adequate means of training, onboarding and linkages, this collaboration is set to empower local businesses, create inclusive economic growth, enhance competition and boost value addition in public spending.

    “At the time of launch of SWAYATT, only about 6300 women-led enterprises and almost 3400 startups were onboarded on GeM. Since then, the platform has grown manifold,” informed Shri L Satya Srivinas, CEO, GeM.

    “Addressing the challenges of “access to market”, “access to finance” and “access to value-addition” through proper e-market linkages in public procurement, GeM has enabled startups to fulfil orders worth ₹ 35,950 Crore. Women entrepreneurs comprise 8% of the total seller base on GeM, with cumulative 1,77,786 Udyam-verified women micro, and small enterprises (MSE) registered on the GeM portal, having fulfilled a cumulative order value of ₹46,615 Crore,” added Shri Srinivas.

    Speaking on the occasion, Smt Joyashree Das Verma, President, FICCI – FLO, highlighted how digital platforms like GeM have democratised access to opportunities for women entrepreneurs. Reiterating the importance of this collaboration towards value chain development and enhanced opportunities to women-led MSEs through advocacy, outreach and mobilisation, she stressed upon training as an imperative in expanding the reach of GeM portal among affiliated members of the association. 

    Conceptualised as a foundational initiative, SWAYATT today comprises “Startup Runway” and “Womaniya” storefronts for dedicated listings, ensuring wider visibility of startups, women entrepreneurs and youth among lakhs of pan-India government buyers. By dismantling entry barriers, GeM is empowering more than 29,000 startups with business opportunities on the GeM platform.

    With an ambitious goal of onboarding 1 Lakh  Department for Promotion of Industry and Internal Trade registered startups onto the portal, GeM is determined to become a vibrant startup ecosystem in public procurement. Through meaningful collaborations and capacity-building efforts with last-mile women micro and small enterprises (MSEs), FPOs, SHGs, Startups, and Cooperatives, GeM envisions doubling the number of women entrepreneurs on the portal and increasing their share percentage in overall procurement of the country from the current 3.78%.

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    Abhijith Narayanan

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  • MIL-OSI Asia-Pac: From Stigma to Solutions

    Source: Government of India

    From Stigma to Solutions

    The Rise of HIV Self-Testing in Mizoram

    Posted On: 25 FEB 2025 2:42PM by PIB Delhi

    Nestled in the northeastern hills of India, Mizoram is known for its scenic landscapes and close-knit communities. Mizoram is also becoming an inspiration for its fight against HIV/AIDS. Mizoram has been dabbling with the problem of being the state with the highest HIV prevalence in India, with a significant portion of the affected population being young adults. The traditional methods of HIV testing—often requiring individuals to visit healthcare centers—have proven to be inadequate due to stigma and logistical challenges. Against this backdrop, the introduction of HIV self-testing (HIVST) has emerged as a revolutionary approach, offering a more private, convenient, and effective means of diagnosis.

    Mizoram has consistently recorded alarming rates of HIV infections, far surpassing the national average. The primary modes of transmission have been identified as unprotected sex and intravenous drug use. Despite awareness campaigns, many individuals remain hesitant to get tested, leading to delayed diagnoses and an increased risk of transmission. Hence, a new approach was necessary—one that could empower individuals to take control of their health without fear of stigma or logistical challenges. This is where HIV self-testing has proven to be a game-changer.

    HIV self-testing allows individuals to test themselves in the privacy of their homes using easy-to-use kits. These kits typically involve collecting a saliva or blood sample and obtaining results within minutes. This approach has been successfully implemented in several countries, and its introduction in Mizoram has sparked hope in the fight against HIV. The benefits of HIV self-testing include tackling stigma and empowering people to take proactive steps in managing their health by visiting a healthcare professional once they detect a positive result. Additionally, HIVST bridges the logistical gap by bringing testing to people’s homes, ensuring that even those in the most remote locations can test themselves without traveling long distances.

    The success of HIV self-testing in Mizoram offers a valuable blueprint for other states facing similar challenges. If scaled up properly, HIVST can transform HIV prevention strategies across India, particularly in regions with high infection rates and limited healthcare access. Tailored public awareness campaigns focusing on localized issues and breaking down stigma through targeted messaging can be effective. Leveraging digital health solutions by integrating HIVST with mobile apps and telehealth services for counseling and follow-up support can improve accessibility. Public-private partnerships can play a crucial role in expanding reach and availability by collaborating with private healthcare providers and NGOs.

    The Government of India has been actively working to combat the HIV/AIDS epidemic through various initiatives. One of the most significant efforts is the National AIDS and STD Control Programme (NACP) Phase-V, a Central Sector Scheme fully funded by the government with an outlay of Rs 15,471.94 crore. The programme extends the national AIDS and STD response till the Financial Year 2025-26 and aligns with the United Nations’ Sustainable Development Goals (SDG) 3.3, which aims to end the HIV/AIDS epidemic as a public health threat by 2030.

    Building upon past initiatives like the HIV/AIDS Prevention and Control Act (2017), Test and Treat Policy, Universal Viral Load Testing, Mission Sampark, and Community-Based Screening, NACP Phase-V introduces newer strategies to consolidate and augment progress. A key component of this phase is the Sampoorna Suraksha Kendras (SSK), which operate as single-window service centers for individuals at risk of HIV and sexually transmitted infections (STIs). These centers provide a holistic set of services tailored to clients’ needs, ensuring strong linkages and referrals within and outside the healthcare system. Through a comprehensive prevention-test-treat-care continuum, the government is ensuring that HIV detection and treatment reach every corner of the country, including remote states like Mizoram.

    Further, in Mizoram, the Mizoram State AIDS Control Society (MSACS) has several schemes for HIV/AIDS prevention and testing, including mobile testing centers, counseling, and treatment. The efforts of MSACS and the Mizoram state government in combating HIV infection among people, especially in prisons, have been acknowledged by the United Nations Office on Drugs and Crime.

    HIV self-testing is proving to be a revolutionary tool in Mizoram’s fight against HIV/AIDS. By addressing the twin challenges of stigma and accessibility, HIVST empowers individuals to take charge of their health, promotes early diagnosis, and ultimately reduces transmission rates. As Mizoram continues to lead the way in implementing self-testing, its success story serves as an inspiration for other states and regions looking to adopt innovative, community-driven approaches to public health. With the right policies, support, and awareness, HIV self-testing could well become a national strategy in the fight against HIV/AIDS, turning the tide in one of India’s most pressing health crises.

    References

    https://pmc.ncbi.nlm.nih.gov/articles/PMC11835815/

    https://naco.gov.in/national-aids-control-programme-v

    https://www.unodc.org/southasia/frontpage/2010/november/mobile-ictc-in-mizoram-prison.html

    https://www.naco.gov.in/sites/default/files/NACO%20Newsletter%20April%20%20June%202023%20%28English%29.pdf

    https://www.incredibleindia.gov.in/

    Click here for pdf file 

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    Santosh Kumar | Sarla Meena | Rishita Aggarwal

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  • MIL-OSI Asia-Pac: Raksha Mantri confers 32 gallantry, distinguished service & meritorious service medals to ICG personnel

    Source: Government of India

    Raksha Mantri confers 32 gallantry, distinguished service & meritorious service medals to ICG personnel

    ICG has grown into a formidable, trustworthy & one of the world’s most efficient marine forces: Shri Rajnath Singh

    RM exhorts marine forces to remain alert of conventional and unconventional threats

    Posted On: 25 FEB 2025 1:25PM by PIB Delhi

    Raksha Mantri Shri Rajnath Singh conferred gallantry, distinguished service, and meritorious service medals to the personnel of the Indian Coast Guard (ICG) during the 18th ICG Investiture Ceremony held at Bharat Mandapam in New Delhi on February 25, 2025. A total of 32 medals – six President’s Tatrakshak Medals (Distinguished Service), 11 Tatrakshak Medals (Gallantry) and 15 Tatrakshak Medals (Meritorious Service) – for 2022, 2023 and 2024 were presented to the personnel for their exemplary service, acts of valour, and selfless dedication to duty, often in challenging & extreme conditions.

    List of Awardees of PTM & TM

    Congratulating the personnel, Raksha Mantri described the medals as not just a memento, but a symbol of bravery, perseverance and unwavering resolve towards maintaining the honour of the tricolour. He commended the personnel for their efforts in ensuring coastal security, organisational efficiency, seizure of drugs, rescue operations and international exercises.

    Shri Rajnath Singh highlighted the growth of ICG into a formidable, trustworthy and one of the most efficient marine forces in the world. “Geographically, India is surrounded by sea on three sides and its coastline is vast. The nation’s strategic security faces two types of threats. The first is war which is dealt by the Armed Forces, and the second are the challenges of piracy, terrorism, infiltration, smuggling & illegal fishing for which the marine forces, especially ICG, are always alert. ICG, working proactively to tackle these challenges, is a key player in ensuring strategic security,” he said.

    In the last one year, ICG has achieved significant achievements in maritime safety, security and humanitarian operations. It apprehended 14 boats and 115 pirates, apart from carrying out a major drug seizure of about Rs 37,000 crore. In addition, ICG saved 169 lives through various rescue operations and provided medical assistance to 29 seriously injured people.

    Raksha Mantri termed these achievements as not just statistics, but a story of ICG’s courage and dedication towards national security. By being alert on the maritime borders, ICG not only stops illegal infiltration, but also helps in positively impacting India’s sovereignty and internal security, he said. Shedding light on the emergence of unconventional threats due to the latest technological advancements, he called upon the marine forces, especially ICG, to remain alert of challenges such as cyber attacks, data breach, signal jamming, radar disruption and GPS spoofing, in addition to the conventional threats.

    Shri Rajnath Singh asserted that the vision of a secure & prosperous India can only be realised if its security system is robust and the forces are strong. He reiterated Prime Minister Shri Narendra Modi-led Government’s commitment to increasing the efficiency of ICG. “Indian Coast Guard has been allocated Rs 9,676.70 crore for the Financial Year 2025-26, which is 26.50% more than the previous budget. It is a crucial step towards modernising ICG. In addition, the procurement of 14 Fast Patrol Vessels, six Air Cushion Vehicles, 22 Interceptor Boats, six Next Generation Offshore Patrol Vessels and 18 Next Generation Fast Patrol Vessels has been approved to make ICG stronger,” he said.

    Raksha Mantri acknowledged ICG’s focus on technological advancements, while commending the foundation laying of the Digital Coast Guard project. All these efforts will continuously strengthen the ICG to effectively deal with conventional and unconventional threats, he said, assuring the Government’s full support in achieving this objective.

    Prior to the ceremony, Raksha Mantri inspected the Ceremonial Guard of Honour, reflecting the solemnity and importance of the occasion. The awardees and their families also interacted with Shri Rajnath Singh, marking a fitting conclusion to the event. Raksha Rajya Mantri Shri Sanjay Seth, Defence Secretary Shri Rajesh Kumar Singh, ICG Director General Paramesh Sivamani, other senior officials of ICG & Ministry of Defence and the families of the awardees were present on the occasion.

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    SR/Savvy

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  • MIL-OSI Asia-Pac: Prime Minister Shri Narendra Modi inaugurates Advantage Assam 2.0 Investment & Infrastructure Summit 2025

    Source: Government of India

    Prime Minister Shri Narendra Modi inaugurates Advantage Assam 2.0 Investment & Infrastructure Summit 2025

    Assam’s dynamic workforce and rapid growth are driving its transformation into a leading investment destination: PM

    Even in global uncertainty, one thing is certain – India’s rapid growth: PM

    We have built a complete ecosystem to promote industry, an innovation-driven culture and Ease of Doing Business: PM

    India is driving its manufacturing sector in Mission Mode, We are promoting Low Cost Manufacturing under Make in India: PM

    The global progress depends on the digital revolution, innovation and tech-driven progress: PM

    Assam is becoming a crucial hub for semiconductor manufacturing in India: PM

    The world sees our Renewable Energy Mission as a model practice and is following it; In the last 10 years, India has taken policy decisions understanding its environmental responsibilities: PM

    Posted On: 25 FEB 2025 1:22PM by PIB Delhi

    The Prime Minister Shri Narendra Modi inaugurated the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, Assam today. Welcoming all the dignitaries to the event, Shri Modi said “East India and North East India are embarking on a new journey of future today and Advantage Assam is a mega initiative to intertwine the incredible potential and progress of Assam with the world”. He added that history is a witness to the major role played by Eastern India in India’s prosperity. Expressing hope, the Prime Minister said, “Today, when we are progressing towards Viksit Bharat, Eastern India and North East will display their true potential”.  He said that Advantage Assam was a representation of the same spirit and congratulated the Government and Chief Minister of Assam for organising such a grand event. He recalled his words from 2013, when he had said that it was not very far when ‘A for Assam’ would be the norm. 

    “Despite global uncertainties, experts unanimously agree on one certainty: India’s rapid growth”, said the Prime Minister. He emphasized that today’s India is working with a long-term vision for the next 25 years of this century. He highlighted that the world has immense trust in India’s young population, which is rapidly becoming skilled and innovative. He also noted the growing confidence in India’s neo-middle class, emerging from poverty with new aspirations. Underscoring the trust the world places in India’s 140 crore people who support political stability and policy continuity, Shri Modi highlighted India’s governance that continues to implement reforms. Furthermore, he pointed out that India is strengthening its local supply chains and entering free trade agreements with various global regions. He also mentioned the robust connectivity with East Asia and the new India-Middle East-Europe Economic Corridor, bringing new opportunities.

    Highlighting the growing global trust in India, as witnessed by the gathering in Assam, Shri Modi remarked, “Assam’s contribution to India’s growth is steadily increasing”. He noted that the first edition of the Advantage Assam Summit was held in 2018, at which time Assam’s economy was valued at ₹2.75 lakh crore. Today, Assam has become a state with an economy of approximately ₹6 lakh crore, he added, emphasizing that under their government, Assam’s economy has doubled in just six years. Furthermore, he said that this is the double effect of their Governments at the Center and the state. The numerous investments in Assam have turned it into a state of unlimited possibilities, he stated. The Prime Minister highlighted that the Assam government is focusing on education, skill development, and creating a better investment environment. He noted that their Government had worked extensively on connectivity-related infrastructure in recent years. He provided an example, stating that before 2014, there were only three bridges over the Brahmaputra river, built over 70 years. However, in the past 10 years, four new bridges have been constructed. One of these bridges is named after Bharat Ratna Bhupen Hazarika. Shri Modi remarked that between 2009 and 2014, Assam received an average rail budget of ₹2,100 crore but their Government increased Assam’s railway budget more than four times to ₹10,000 crore. He added that over 60 railway stations in Assam are being modernized and also mentioned that the first semi high-speed train in the North East is now operational between Guwahati and New Jalpaiguri.

    Touching upon the rapid expansion of air connectivity in Assam, the Prime Minister said that until 2014, flights operated on only seven routes, but now there are flights on nearly 30 routes. This expansion has provided a significant boost to the local economy and created employment opportunities for the youth, he added. Shri Modi emphasized that these changes are not limited to infrastructure alone, but there were unprecedented improvements in law and order, with numerous peace accords signed in the past decade and long-pending border issues resolved. He underscored that every region, every citizen, and every youth in Assam is working tirelessly for the state’s development.

    “India is undergoing significant reforms across all sectors and levels of the economy and continuous efforts have been made to enhance the Ease of Doing Business, and a comprehensive ecosystem has been established to promote industry and an innovation culture”, emphasised Shri Modi. He highlighted that excellent policies have been formulated for startups, manufacturing through PLI schemes, and tax exemptions for new manufacturing companies and MSMEs. He also noted the substantial investment the Government is making in the country’s infrastructure. Prime Minister underscored that the combination of institutional reform, industry, infrastructure, and innovation forms the foundation of India’s progress. He stated that this progress is also being seen in Assam, which is advancing at double engine speed. He pointed out that Assam has set a target to achieve a $150 billion economy by 2030. He expressed confidence that Assam can achieve this goal, attributing it to the capable and talented people of Assam and the commitment of their Government. Remarking that Assam is emerging as a gateway between South East Asia and India, Shri Modi said, to further this potential, the Government has launched the North East Transformative Industrialization Scheme, ‘Unnati.’ He highlighted that the ‘Unnati’ scheme will accelerate industry, investment, and tourism across the entire North East region, including Assam. He urged industry partners to take full advantage of this scheme and Assam’s unlimited potential. The Prime Minister noted that Assam’s natural resources and strategic location make it a preferred destination for investment. He cited Assam tea as an example of Assam’s potential, stating that it has become a global brand over the past 200 years, inspiring progress in other sectors as well.

    Highlighting the significant changes occurring in the global economy, with a growing demand for resilient supply chains worldwide, the Prime Minister said, “India has initiated mission-mode efforts to advance its manufacturing sector”. He emphasized that under the Make in India initiative, the focus is on promoting low-cost manufacturing in sectors such as pharmaceuticals, electronics, and automobiles. He noted that India’s industry is not only meeting domestic demands but also setting new benchmarks for manufacturing excellence in international markets. He pointed out that Assam is playing a significant role in this manufacturing revolution.

    Stressing that Assam has always had a share in global trade, Shri Modi remarked that today, over 50 percent of India’s on-shore natural gas production comes from Assam and there has been a significant increase in the capacity of Assam’s refineries in recent years. He also pointed out that Assam is rapidly emerging in sectors such as electronics, semiconductors, and green energy. He emphasized that due to Government policies, Assam is becoming a hub for high-tech industries as well as startups.

    Highlighting that in the recent budget, the Central government has approved the Namrup-4 plant, the Prime Minister remarked that this urea production plant will meet the demand of the entire North East and the country in the future. He said, “the day is not far when Assam will become a major manufacturing hub in Eastern India”. He emphasized that the Central Government is fully supporting the state Government of Assam in achieving this goal.

    Emphasising that the progress of the 21st century world depends on digital revolution, innovation, and technological advancements, Shri Modi stated, “The better prepared we are, the stronger we will be globally”. He added that the Government was advancing with 21st century policies and strategies. He highlighted India’s significant leap in electronics and mobile manufacturing over the past decade and expressed the desire to replicate this success story in semiconductor production. Prime Minister proudly noted that Assam is developing as an important center for semiconductor manufacturing in India and mentioned the recent inauguration of the Tata Semiconductor Assembly & Test facility in Jagiroad, Assam, which will promote technological growth in the Northeast. He emphasized the collaboration with IIT for innovation in the semiconductor sector and the ongoing work on a semiconductor research center in the country. The Prime Minister projected that by the end of this decade, the value of the electronic sector will reach $500 billion. He confidently stated, “With India’s speed and scale, the country will emerge as a major force in semiconductor production, creating employment for millions and benefiting Assam’s economy”.

    “India has made policy decisions over the past decade while understanding its environmental responsibilities and the world considers India’s Renewable Energy Mission as a model practice”, said the Prime Minister. He highlighted that India has made significant investments in solar, wind, and sustainable energy resources over the past ten years. This has not only fulfilled ecological commitments but also expanded the country’s renewable energy production capacity multiple times, he added. Shri Modi noted that the country has set a target to add 500 GW of renewable energy capacity by 2030. “Government is working on a mission to achieve an annual green hydrogen production of 5 million metric tons by 2030”, he said. Pointing out that the growing gas infrastructure in the country has led to increased demand, and the entire gas-based economy sector is rapidly expanding, Shri Modi remarked that Assam has a significant advantage in this journey. He emphasized that the Government has created many pathways for industries, including PLI schemes and policies for green initiatives. He expressed his desire for Assam to emerge as a leader state in the renewable energy sector and urged industry leaders to maximize the potential of Assam.

    Impressing that Eastern India will play a significant role in making India a developed nation by 2047, Shri Modi remarked, “today, the Northeast and Eastern India are rapidly advancing in infrastructure, logistics, agriculture, tourism, and industry”. He expressed confidence that the day is not far when the world will see this region leading India’s development journey. He invited everyone to be partners and companions in this journey with Assam and concluded by calling for collective efforts to make Assam a state that elevates India’s capabilities to new heights across the global south. The Prime Minister boosted the confidence of the investors and industry leaders by saying that he stood by them in the journey of Viksit Bharat by fully supporting their contributions.

    The Governor of Assam, Shri Lakshman Prasad Acharya, Chief Minister of Assam, Shri Himanta Biswa Sarma, Union Ministers Dr. S Jaishankar, Shri Sarbananda Sonowal, Shri Jyotiraditya Scindia, Chief Minister of Tripura, Dr. Manik Saha, Union Minister of State, Shri Pabitra Margherita were present among other dignitaries at the event.

    Background

    The Advantage Assam 2.0 Investment and Infrastructure Summit 2025 in Guwahati, is being held from 25th to 26th February. It includes an inaugural Session, seven ministerial sessions and 14 thematic sessions. It also includes a comprehensive exhibition illustrating the state’s economic landscape, with a focus on its industrial evolution, global trade partnerships, booming industries, and the vibrant MSME sector, featuring over 240 exhibitors.

    Various international organisations, global leaders and investors, policymakers, industry experts, startups, and students among others will participate in the Summit.

     

     

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  • MIL-OSI Asia-Pac: DARPG organizes National Workshop on Sevottam and Effective Redressal of Public Grievances in RCVP Noronha Academy of Administration in Bhopal on 20th February, 2025

    Source: Government of India (2)

    DARPG organizes National Workshop on Sevottam and Effective Redressal of Public Grievances in RCVP Noronha Academy of Administration in Bhopal on 20th February, 2025

    The workshop was organized in line with the direction of the Prime Minister from the Pragati Review Meeting on 26th December, 2024, on timely and quality disposal of grievances

    Shri O.P. Rawat, Former Chief Election Commissioner of India, was the Chief Guest at the National Workshop on ‘Sevottam and Effective Redressal of Public Grievances’

    Shri Anurag Jain, Chief Secretary, Government of Madhya Pradesh shared his experiences in Grievance Redressal during the workshop

    More than 100 officials from ATIs and State Governments participated in the workshop at RCVP Noronha Academy of Administration, Bhopal, Madhya Pradesh

    Workshop aims to formulate the roadmap forward for Capacity Building and Effective Redressal of Public Grievances in line with the directions of the Prime Minister of India

    Posted On: 25 FEB 2025 11:55AM by PIB Delhi

    The Department of Administrative Reforms and Public Grievances (DARPG) organized the National Workshop on “Sevottam and Effective Redressal of Public Grievances” on February 20, 2025, at RCVP Noronha Academy of Administration, Bhopal, Madhya Pradesh. The workshop aimed to develop a roadmap for capacity building and enhancing grievance redressal mechanisms in line with the vision of Prime Minister of India for transparent and accountable governance.

    The event featured Shri O.P. Rawat, former Chief Election Commissioner of India, as the Chief Guest, alongside Shri Anurag Jain, Chief Secretary, Government of Madhya Pradesh, and Shri V. Srinivas, Secretary, Department of Administrative Reforms and Public Grievances & Department of Pension and Pensioners’ Welfare.

    In the plenary session, Shri Anurag Jain highlighted the future of grievance redressal, emphasizing technology, data analytics, and business process re-engineering as crucial tools for identifying and addressing the root causes of grievances. Shri O.P Rawat emphasized applauded the pathbreaking work being done in grievance redressal across the country and lauded the role of DARPG in the same.  

    Shri V. Srinivas, Secretary, DARPG underscored the impact of CPGRAMS in enhancing grievance resolution at the State level.  Shri V Srinivas also shared to the States that DARPG would very soon be implementing a review module in CPGRAMS from where State Chief Secretaries will be able to hold meetings on Grievance Redressal in their respective states.

    Shri Sachin Sinha, Director General, RCVP Noronha Academy of Administration, also shared insights on strengthening public service delivery.

    Key Highlights of the Workshop:

    The key takeaways from the National Workshop on Sevottam and Effective Redressal of Public Grievances at RCVP Noronha Academy of Public Administration Bhopal are the following:

    1. Sevottam capacity building programs are bringing about significant improvements in Quality of Grievance Redressal and several best practices were presented by SKIPA Jharkhand, HIPA Haryana, JK-IMPARD Srinagar, Anna Institute of Public Administration Chennai, Noronha Academy of Public Administration Bhopal. The benefits need to be consolidated further.

    2. Administrative Staff College of India (ASCI) and Prof Nirmalya Bagchi have a important role in developing a standardized training curriculum across Administrative Training Institutes for Sevottam over the next 12 weeks

    3. Effective Implementation of Right to Services Act across 22 States/ UT’s can have significant benefits in qualitative grievance redressal, Department of Administrative Reforms and Public Grievances, Government of India will enhance outreach to RTS Commissions

    4. Technology upgradation envisaged under Next Generation CPGRAMS has significant benefits for citizen interface

    5. Process re-engineering envisaged through Auto Escalation Processes, Ranking of States/ Districts, and structured monitoring. The workshop provided an in-depth discussion on policy reforms, best practices, and capacity-building strategies to enhance citizen satisfaction, aligning with the Hon’ble Prime Minister’s Pragati Review Meeting held on December 26, 2024.

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  • MIL-OSI Asia-Pac: Five-day Training programme on Operation and Management of Rural Water Supply Schemes in Andaman and Nicobar Islands

    Source: Government of India (2)

    Posted On: 25 FEB 2025 11:17AM by PIB Delhi

    DR. Syama Prasad Mookerjee National Institute Of Water And Sanitation (SPM-NIWAS), Department of Drinking Water and Sanitation, Ministry of Jal Shakti, Government of India in collaboration with Andaman Public works department (APWD) is  organising  a  five-day Residential Training programme on Operation and Management of Rural Water Supply Schemes in Andaman and Nicobar Islands for Engineers (JEs) and Assistant Engineers (AEs) from 24th February to 28th February 2025.

    Recognising the challenges faced due to poor Operation and Maintenance (O&M) practices, the course focuses on equipping engineers with the necessary skills and knowledge to address critical issues such as system inefficiencies, non-revenue water (NRW), energy consumption, and inadequate community engagement.

    This training module is scheduled to be conducted in all other states/UTs in a phased manner. Shri Chandra Bhushan Kumar, IAS, Chief Secretary, Government of Andman and Nicobar Islands has graced the Inaugural Session as Chief Guest.

    Addressing the gathering, Chief Secretary emphasised on the importance of training and capacity building of the field engineers to ensure the sustainability of the water supply schemes. He added that lots of work on supply management is done and now it is essential to work on the demand side management.

    The objective of the training course is to enhance the operational and managerial capacities of Junior Engineers (JEs) and Assistant Engineers (AEs) of the Andaman & Nicobar administration in managing water supply schemes effectively. The contents of this training  programme  are  designed by a team of experts from SPM NIWAS as per the requirements of the Andaman & Nicobar islands in discussion with the APWD officials covering the following topics:-

    • Water Supply Systems and Challenges in Andaman & Nicobar Island.
    • Safe Drinking Water: BIS Standards and Sample Collection Frequency.
    • Operation and Maintenance of Surface Water-Based Schemes in Andaman & Nicobar, Spring Source, Sand filters, pressure filters and various components
    • Distribution management and maintenance.
    •    Practical Strategies for Reducing Water loss/ Non-Revenue Water (NRW) in Andaman & Nicobar.
    • Citizen Service Delivery and grievance redressal and community engagement in water management.
    •    Financial Planning of Operation and management of Rural Water supply.

    Shri Priyatu Mandal, IAS, JS Cum Director & Head, SPM NIWAS joined virtually the inaugural session. In his online address, Shri Priyatu Mandal mentioned that SPM NIWAS is a premier institute dedicated to advancing knowledge and capacity in the water and sanitation sectors. Further, he added that the

    Mr. Arjun Sharma, IAS, Secretary RD, Mr. Azharuddin Zahiruddin Quazi,IAS, Secretary , PBMC, Mohd. Ishfaq,(Retd. IAS), Adviser, SPM NIWAS, Shri T.K.Prijith Ray, Chief Engineer, APWD, Vinay Harswal, Nodal Officer, SPM NIWAS and Abirami Devdas, Principal Scientist, ICCW were present during the inaugural Session.

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  • MIL-OSI Asia-Pac: English rendering of PM’s speech during the Jhumoir Binandini programme in Guwahati, Assam

    Source: Government of India (2)

    Posted On: 24 FEB 2025 8:43PM by PIB Delhi

    Bharat Mata ki – Jai!

    Bharat Mata ki – Jai!

    Governor of Assam, Shri Lakshman Prasad Acharya ji, the dynamic Chief Minister Himanta Biswa Sarma ji, my colleagues in the Union Government Dr. S. Jaishankar and Sarbananda Sonowal, Chief Minister of Tripura Manik Saha ji, other ministers, members of Parliament, members of the Legislative Assembly, all artist friends, and my brothers and sisters of Assam,  

    Greetings to everybody! How are you all my brothers and sisters?  

    I extend my heartfelt greetings to all of you.  

    I am extremely delighted to be present here today.

    Brothers and sisters,

    Today, there is an incredible atmosphere here in Assam—an environment full of energy. This entire stadium is resonating with enthusiasm, joy, and excitement. The preparation of all the artists performing the Jhumoir dance is visible everywhere. This magnificent preparation carries both the fragrance and beauty of the tea gardens. And you all know, who would understand the aroma and colour of tea better than a tea seller?  That is why, just as you have a special connection with Jhumoir and the culture of tea gardens, I, too, share a bond with it.  

    Friends,

    When such a large number of artists perform the Jhumoir dance together, it will set a new record. Previously, when I visited Assam in 2023, more than 11,000 people performed the Bihu dance together and created a record. I can never forget that moment! Even those who watched it on TV still remind me of it again and again.  Today, I am eagerly waiting for another such spectacular performance. I congratulate the Assam government and the dynamic Chief Minister Himanta Biswa Sarma ji for organising this grand cultural event.

    Today is a proud day for Assam’s tea community and indigenous people. I extend my best wishes to everyone on this occasion.

    Friends,

    Such grand events not only add to Assam’s pride but also showcase Bharat’s great diversity. I have just been informed that more than 60 ambassadors from different countries around the world are present here to experience Assam. There was a time when Assam and the Northeast were neglected in terms of development, and their rich culture was overlooked. But today, the Northeast’s culture has its own brand ambassador—Modi himself. I am the first Prime Minister to stay in Assam’s Kaziranga and introduce the world to its biodiversity. Just now, Himanta Da described this, and all of you stood up to express your gratitude. A few months ago, we granted Assamese the status of a Classical Language, a recognition that the people of Assam had been waiting for decades. Similarly, Charaideo Maidam has been included in the UNESCO World Heritage list, and the efforts of the BJP government played a significant role in making this possible.

    Friends,

    Assam takes great pride in its brave son, Veer Lachit Borphukan, who fiercely resisted the Mughals and protected Assam’s culture and identity. We celebrated his 400th birth anniversary on a grand scale, and his tableau was also featured in the Republic Day parade, where the entire nation paid tribute to him. Here in Assam, a 125-foot bronze statue of Lachit Borphukan has also been constructed. Similarly, to honour the legacy of the tribal communities, we have started celebrating Janjatiya Gaurav Diwas (Tribal Pride Day). Assam’s Governor Lakshman Prasad ji himself comes from a tribal background and has reached this position through his dedication and hard work. To immortalize the contributions of tribal heroes and heroines across the country, tribal museums are also being established.

    Friends,

    The BJP government is not only driving Assam’s development but also serving the Tea Tribe community. To increase the income of tea garden workers, a bonus has been announced for Assam Tea Corporation workers. A major challenge faced by our sisters and daughters working in tea gardens was financial insecurity during pregnancy. Today, around 1.5 lakh women are receiving 15,000 rupees as financial assistance during pregnancy so that they do not have to worry about expenses. For the health of these families, the Assam government is establishing over 350 Ayushman Arogya Mandirs in tea gardens. Additionally, more than 100 Model Tea Garden Schools have already been opened to ensure quality education for their children, with around 100 more in the pipeline. We have also introduced a 3% reservation under the OBC quota for the youth of the Tea Tribe. The Assam government is further supporting them by providing 25,000 rupees as financial assistance for self-employment. The growth of the tea industry and its workers will accelerate the development of all of Assam, and our Northeast region will reach new heights of progress. 

    Now, as you are about to begin your magnificent performance, I extend my heartfelt gratitude in advance. I am confident that all of Bharat will celebrate your dance today! TV channels are eagerly waiting for it to begin, and the whole country and the world will witness this grand performance. A big thank you to everyone for the wonderful Jhumoir performance. Stay well, and I look forward to meeting you again. Thank you very much!

    Bharat Mata ki – Jai!

     

    DISCLAIMER: This is the approximate translation of PM’s speech. Original speech was delivered

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Agent convicted of overcharging subdivided unit tenant for water

    Source: Hong Kong Government special administrative region

         The Water Supplies Department (WSD) announced that an agent of a subdivided flat in Sheung Shui, New Territories, was convicted today (February 25) of overcharging its subdivided unit (SDU) tenants for water, in contravention of regulation 47 of the Waterworks Regulations. The agent pleaded guilty to six counts of offences at the Fanling Magistrates’ Courts.
          
         This is the 25th similar conviction since the first conviction in June 2022, with associated fines ranging from $1,000 to $22,000.
     
         A spokesman for the WSD said that the Waterworks (Amendment) Ordinance 2024 (the amended WWO) has strengthened the power of the Water Authority in evidence collection and information disclosure during the investigation of suspected cases of overcharging for water. The Water Authority can request the landlords, their agents, etc, to provide the tenancy agreement, receipt or payment record for charges for water. Failure to comply with such a request can be an offence, and the offender is liable on conviction to a maximum fine of $10,000 and a further fine of up to $1,000 for each day the offence continues. It is anticipated that there will be more prosecution cases. The maximum penalty for overcharging SDU tenants for water has been raised to $25,000 to deter this illegal act. Moreover, providing false or misleading information to the Water Authority is also an offence with a maximum penalty of a $25,000 fine and six months’ imprisonment.
     
          The WSD spokesman strongly appealed to landlords to apply for the installation of separate water meters for their SDUs, which can greatly reduce the risk of contravening the amended WWO. The WSD encourages the public to report any illegal act of overcharging SDU tenants for water for follow-up and investigation by the department. The public can call the WSD Hotline 3468 4963 or WhatsApp 5665 5517 to apply for the installation of separate water meters for SDUs. The WhatsApp hotline also handles matters relating to water overcharging in SDUs. Alternatively, the public can call the WSD Customer Enquiry Hotline 2824 5000 to report water overcharge cases. After calling the hotline and choosing a language, they can press “7” for reporting to staff directly.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: MoSPI Announces ‘Innovate with GoIStats’ Hackathon: Empowering the Youth to come out with ‘Data-Driven Insights for Viksit Bharat’

    Source: Government of India

    Posted On: 25 FEB 2025 9:42AM by PIB Delhi

    The Ministry of Statistics and Programme Implementation (MoSPI), in collaboration with MyGov, is set to launch an exciting data-visualization hackathon titled “Innovate with GoIStats”, centered around the theme “Data-Driven Insights for Viksit Bharat”. The hackathon aims to inspire India’s young and brightest minds – students and researchers to utilize the vast official statistics generated by the National Statistics Office (NSO) for creating innovative data driven insights.

    The hackathon will invite participants to explore and analyse official statistics from the reports, microdata and other datasets available on the website of the Ministry, such as the Periodic Labour Force Survey (PLFS), Household Consumer Expenditure Survey (HCES), Annual Survey of Industries (ASI), Consumer Price Index (CPI), Gross Domestic Product (GDP) and more to create impactful visualizations to support evidence-based policymaking in the journey towards Viksit Bharat. Participants can gain hands-on experience with official statistics while creating a stronger foundation for data-driven policy insights.

    The Hackathon will take place on the MyGov platform, from 25th February 2025 to 31st March 2025. Students pursuing undergraduate, postgraduate or doing research can participate. The top 30 entries, selected by a panel of expert evaluators from the industry and academia will get prize money, with one first prize of ₹2 Lakhs, followed by two second prizes of ₹1 Lakh each, two third prizes of ₹50,000 each and twenty-five consolation prizes of ₹20,000 each.

    Participate in ‘Innovate with GoIStats’ – where data meets vision.

    For more information and to register, please visit the link:

    https://innovateindia.mygov.in/goistats

    ***

    Samrat/Allen

    (Release ID: 2105978) Visitor Counter : 70

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Training of Trainers Programme for Haj 2025 Begins in Mumbai

    Source: Government of India (2)

    Training of Trainers Programme for Haj 2025 Begins in Mumbai

    Secretary (Minority Affairs) inaugurates the programme and launches Chatbot feature of Haj Suvidha App 2.0

    Posted On: 24 FEB 2025 10:00PM by PIB Delhi

    The Haj Committee of India commenced a two-day Training of Trainers Programme for Haj 2025 today at Haj House, Mumbai. Dr. Chandra Shekhar Kumar, Secretary, Ministry of Minority Affairs, Government of India, inaugurated the programme, aimed at equipping trainers with essential skills to guide Indian pilgrims for Haj 2025.

    On this occasion, Dr. Chandra Shekhar Kumar launched the Chatbot feature of Haj Suvidha App 2.0 in the presence of Shri C.P.S. Bakshi, Joint Secretary (Haj), Ministry of Minority Affairs, and Shri A.P. Abdullakutty, Chairman, Haj Committee of India. The Chatbot offers to address frequently asked questions of pilgrims.

    In his address, Dr. Kumar emphasized the importance of structured training and digital support for pilgrims. He urged trainers to familiarize themselves with the Haj Suvidha App, Chatbot, and other technological tools. He also highlighted the critical role of State Haj Inspectors in providing on-ground support.

    Shri C.P.S. Bakshi, Joint Secretary (Haj), underscored the programme’s objective of ensuring that each pilgrim is well-prepared for a seamless Haj experience.

    Shri A. P. Abdullakutty, Chairman, Haj Committee of India, urged trainers to inform pilgrims about the latest facilities, innovations, and changes to help them perform Haj smoothly.

    On the first day, two key sessions were conducted on Haj Operations Overview and Haj Administration & Technology wherein all operational, logistic and administrative aspects of Haj pilgrimage from departure to return were discussed in detail.

    The event was attended by numerous dignitaries, resource persons, stakeholders, officials from State Haj Committees, representatives from concerned agencies, airlines, banks, customs, and around 600 trainers.

    On 25th February, the second day of the training, sessions will focus on Haj Rituals & Pilgrims’ Well-being, Travel, Logistics, Forex, and Safety.

    Haj Committee of India has taken several new initiatives for an enhanced Haj experience during Haj 2025, including early preparation, online application and payment via Haj Suvidha App, launch of Haj Suvidha App 2.0 with new features, streamlined passport collection, international-standard baggage tags, PVC ID cards replacing traditional paper IDs, and CBT & interview-based selection of Haj Trainers and State Haj Inspectors.

    ***

    SS/ISA

    (Release ID: 2105975) Visitor Counter : 23

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: TD’s first online auction of Ordinary Vehicle Registration Marks successfully completed

    Source: Hong Kong Government special administrative region

         â€‹The Transport Department (TD)’s first online auction of vehicle registration marks (VRMs) was completed successfully yesterday (February 24). A total of 50 Ordinary VRMs were sold at the five-day auction, with total proceeds of $632,000.

         A spokesman for the TD said, “The first online auction was held via the E-Auction website (e-auction.td.gov.hk) from noon on February 20 to noon on February 24. A total of 50 Ordinary VRMs were put up for auction and were completed successfully yesterday. Operation of the E-Auction was smooth, and the functions of the platform, including real-time bid, auto-bid (during auction), and pre-set auto bid (before auction), also performed well. During the auction, bidders could participate via the Internet and place bids. The entire auction process and the subsequent payment were conducted online.”

         Among the 50 Ordinary VRMs sold with total proceeds of $632,000, the VRM “AA 681” fetched the highest price of $60,000. The auction proceeds will go to the Government Lotteries Fund for charity purposes after the deduction of expenses incurred in conducting the auction. Details of the auction results are available on the E-Auction website. 

         Successful bidders shall follow the TD’s instructions in the notification email to log into the E-Auction within 48 hours from the issuance of the email and complete the necessary processes, including completing the Purchaser Information for the issuance of the Memorandum of Sale of Registration Mark (Memorandum of Sale) and making auction payment for the relevant VRM(s) online. They will receive another notification email around seven working days after successful payment has been confirmed for generating the Memorandum of Sale from the E-Auction system. 

         The VRMs allocated through the auction can be assigned only to motor vehicles registered in the name of the purchasers. The purchaser shall, within 12 months after the issuance of the Memorandum of Sale, arrange to assign the registration mark to a motor vehicle registered in the name of the purchaser. If the purchaser fails to assign the registration mark within 12 months, the allocation of the mark concerned will be cancelled and arranged for reallocation in accordance with statutory provisions without prior notice to the purchaser.

         Members of the public may refer to the E-Auction website for the relevant information. Please call the E-Auction hotline (3583 3980) or email (e-auction-enquiry@td.gov.hk) for enquiries.

         The next online auction will be held from March 20 to 24, with details to be announced in due course. The TD will conduct a review of the e-Auction operations and gradually increase the number of auctions. 

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Adjustment in ceiling prices for dedicated LPG filling stations in March 2025

    Source: Hong Kong Government special administrative region

         The Electrical and Mechanical Services Department (EMSD) today (February 25) announced an adjustment to the auto-LPG (liquefied petroleum gas) ceiling prices for dedicated LPG filling stations from March 1 to March 31, 2025, in accordance with the terms and conditions of the contracts for dedicated LPG filling stations.

         A department spokesman said that the adjustment on March 1, 2025, would reflect the movement of the LPG international price in February 2025. The adjusted auto-LPG ceiling prices for dedicated LPG filling stations would range from $3.76 to $4.68 per litre, amounting to an increase of $0.04 to $0.05 per litre. 

         The spokesman said that the auto-LPG ceiling prices were adjusted according to a pricing formula specified in the contracts. The formula comprises two elements – the LPG international price and the LPG operating price. The LPG international price refers to the LPG international price of the preceding month. The LPG operating price is adjusted on February 1 and June 1 annually according to the average movement of the Composite Consumer Price Index and the Nominal Wage Index. 

         The auto-LPG ceiling prices for respective dedicated LPG filling stations in March 2025 are as follows:
     

    Location of
    Dedicated
    LPG Filling Station
    Auto-LPG
    Ceiling Price in
    March 2025 (HK$/litre)
    Auto-LPG
    Ceiling Price in
    February 2025 (HK$/litre)

    Kwai On Road, Kwai Chung
    3.76
    3.71

    Sham Mong Road, Mei Foo
    3.82
    3.78

    Wai Lok Street, Kwun Tong
    3.88
    3.83

    Cheung Yip Street, Kowloon Bay
    3.92
    3.88

    Ngo Cheung Road, West Kowloon
    3.93
    3.89

    Yuen Chau Tsai, Tai Po
    3.99
    3.94

    Tak Yip Street, Yuen Long
    4.10
    4.05

    Hang Yiu Street, Ma On Shan
    4.12
    4.07

    Marsh Road, Wan Chai
    4.13
    4.08

    Fung Mat Road, Sheung Wan 
    4.15
    4.11

    Yip Wong Road, Tuen Mun
    4.25
    4.20

    Fung Yip Street, Chai Wan 
    4.68
    4.63

         The spokesman said that the details of the LPG international price and the auto-LPG ceiling price for each dedicated LPG filling station had been uploaded to the EMSD website (www.emsd.gov.hk) and posted at dedicated LPG filling stations to enable the trades to monitor the price adjustment.

         Details of the pricing adjustment mechanism for dedicated LPG filling stations can also be viewed under the “What’s New” section of the department website at www.emsd.gov.hk/en/what_s_new/current/index.html.
     

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Opening address by SCED at Hong Kong Competition Exchange 2025 (English only)

    Source: Hong Kong Government special administrative region

         Following is the opening address by the Secretary for Commerce and Economic Development, Mr Algernon Yau, at the opening ceremony of the Hong Kong Competition Exchange 2025 today (February 25):
     
    Samuel (Chairman of the Competition Commission, Mr Samuel Chan), distinguished guests, ladies and gentlemen,
     
         Good morning. Welcome to the Hong Kong Competition Exchange 2025. It is my great honour to join you here today.
     
         This is the second time this event is organised in Hong Kong. This conference provides an excellent platform to discuss how competition and innovation can complement each other with respect to competition law and policy. I was told that today we have over 300 industry leaders, regulators, scholars and experts from all over the world joining the discussion. They include internationally renowned and reputable speakers who will share with us their insights. Thank you for your support and welcome to Hong Kong.
     
         Indeed, competition is a global issue. In a local economy, it is also a cross-sector one. I understand that the conference will talk about competition in a wide range of sectors including financial services, technology, green industry, as well as aviation.
     
         Hong Kong is a free market economy. We are consistently ranked by the Fraser Institute as the freest economy in the world. We also support free trade. A range of freedoms are guaranteed in the Basic Law, such as the freedom of speech, of the press and of publication. In addition, many of you may know, Hong Kong has free flow of capital, information and talent, which are the key factors behind Hong Kong’s success. The word “free” is in the spirit of Hong Kong.
     
         In an economy so free like ours, we need a competitive market that is healthy, and can lead to better prices, products and choices for everyone. We fully recognise how important it is. To this end, we enacted the Competition Ordinance in our laws in 2012. The Competition Commission, which is the host today, was established in the year that followed.
     
         The work of the Competition Commission is not easy. As our independent competition agency, the Commission has a mandate to investigate anti-competitive conduct; educate the public on the competition laws; and advise the Government on competition matters.
     
         I would like to thank Samuel, the Chairman of the Commission, and Rasul, the CEO (Chief Executive Officer of the Competition Commission, Mr Rasul Butt), for the excellent work you have done for Hong Kong. A robust competition regime is one of the ingredients contributing to our success. Our competition legislation was ranked seventh in the latest World Competitiveness Yearbook. Hong Kong is attractive to foreign investments because our market is free, fair, and rule-based. These qualities are important to enterprises. As at end 2024, we had about 10 000 companies coming from outside Hong Kong. It was a record high, and up 10 per cent from a year before that. This is a vote of confidence in Hong Kong. We are grateful for that, and we will continue to do our best to make Hong Kong a prime investment location.
     
         Ladies and gentlemen, it is never an easy task to establish an effective competition regime from scratch that fully adapts to the local context and compatible to international norm. But I am proud to say that Hong Kong has made good progress and is on the right track. In future, the Hong Kong Special Administrative Region Government will continue to support the work of the Commission. We will also continue to embrace competition, empower the Commission, and embark on more competition campaigns.
     
         I hope you will all find the discussion sessions arranged by the Commission in the coming two days insightful and fruitful. Together, let us work towards the common goal of building a future that is not only brighter, but also fairer.
     
         Thank you.

    MIL OSI Asia Pacific News