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Category: Asia

  • MIL-OSI Asia-Pac: LIEUTENANT GENERAL BATOO TSHERING, CHIEF OPERATIONS OFFICER OF ROYAL BHUTAN ARMY, CONCLUDES OFFICIAL VISIT TO INDIA

    Source: Government of India (2)

    Posted On: 06 FEB 2025 4:59PM by PIB Delhi

    Lieutenant General Batoo Tshering, Chief Operations Officer, Royal Bhutan Army, concluded his official visit to India, marking a key step in further strengthening the defence relations between Bhutan and India. The visit, which took place from February 1st to 6th, 2025, enhanced bilateral military cooperation and laid the groundwork for new avenues of collaboration, particularly in training and capability enhancement.

    Lieutenant General Tshering visited Gaya, New Delhi and Kolkata during his stay in India. While in Gaya, he visited the Officers Training Academy and several Buddhist landmarks. These visits reflected the deep-rooted military and cultural ties between Bhutan and India. Discussions at the Officers Training Academy centered around enhancing Bhutanese military training modules and expanding the scope of officer exchange programmes between the two armies.

    While in New Delhi, the General laid wreath at the National War Memorial, and received a Guard of Honour at the South Block. The General also called on the Honourable Raksha Mantri Shri Rajnath Singh, Chief of Defence Staff, Chief of the Army Staff and other senior leadership, including the National Security Advisor, Defence Secretary, and Foreign Secretary. These high-level engagements resulted in reaffirming India’s commitment to supporting the Royal Bhutan Army in modernisation efforts, including increased defence technology cooperation, military training, and logistical support. During his visit to the National Security Guard, Manesar, both sides explored avenues for enhanced collaboration including joint training in special operations and knowledge sharing on rapid response strategies.

    Before departing for Bhutan, Lieutenant General Tshering also visited Kolkata, where he laid a wreath at Vijay Smarak and visited the Eastern Command Headquarters of the Indian Army. He called on the General Officer Commanding-in-Chief, Eastern Command, and interacted with senior officers to discuss enhanced cooperation in training and disaster relief operations – a key area of shared interest between the two countries.

    Lieutenant General Tshering’s visit cemented several key defence initiatives, including greater participation of Bhutanese officers in Indian defence institutions, and the possibility of focusing on peacekeeping operations. The visit served as an important milestone in solidifying the long-standing defence ties between Bhutan and India, paving the way for a more robust and future-ready partnership in military engagement.

    *****

    SC

    (Release ID: 2100319) Visitor Counter : 45

    MIL OSI Asia Pacific News –

    February 7, 2025
  • MIL-OSI Asia-Pac: EPFO Achieves Historic Milestone of Settling Over 5 Crore Claims in FY 2024-25: Dr. Mansukh Mandaviya

    Source: Government of India

    EPFO Achieves Historic Milestone of Settling Over 5 Crore Claims in FY 2024-25: Dr. Mansukh Mandaviya

    Auto Claim Settlements Doubles to 1.87 Crore Claims in FY 2024-25 Compared to 89.52 Lakh Claims in FY 2023-24

    97.18% of Member Profile Corrections Have Been Self-Approved By Members

    Only 8% of Transfer Claims Now Require Member and Employer Attestation

    Posted On: 06 FEB 2025 4:46PM by PIB Delhi

    Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, today announced that the Employees’ Provident Fund Organisation (EPFO) has achieved a historic milestone by crossing the 5 crore claims settlement mark for the first time in its history. In the financial year 2024-25, EPFO has processed over 5.08 crore claims amounting to Rs. 2,05,932.49 crore, surpassing the 4.45 crore claims worth Rs. 1,82,838.28 crore settled in the previous financial year 2023-24.

    Dr. Mandaviya highlighted that this remarkable achievement has been made possible due to a series of transformative reforms initiated by EPFO to enhance claim settlement processes and reduce grievances among members. “We have implemented key measures, including an increase in the ceiling and categories of auto-settled claims, simplified member profile changes, streamlined PF transfers, and improved KYC compliance ratios. These reforms have significantly improved the efficiency of EPFO,” he stated.

    A major enabler for faster claim processing has been the auto-claim settlement mechanism, ensuring that claims are settled within three days of submission. Dr. Mandaviya noted that the impact of this reform is evident, with auto claim settlements doubling to 1.87 crore claims in the current financial year, compared to 89.52 lakh auto claims processed during the entire FY 2023-24.

    Highest Ever EPFO Claim Settlement in History! 🇮🇳

    📌 5 crore+ claims settled in FY 2024-25.

    💰 ₹2.05 lakh crore disbursed.

    ⚡ Auto-claim settlements doubled to 1.87 crore.

    🔄 Seamless processes & reduced grievances.

    Under the leadership of PM Shri @narendramodi Ji, EPFO… pic.twitter.com/Hq4jNbwYQV

    — Dr Mansukh Mandaviya (@mansukhmandviya) February 6, 2025

    Similarly, reforms in the PF transfer claim submission process have streamlined the workflow significantly. Since the introduction of a simplified transfer claim application, only 8% of transfer claims now require member and employer attestation. Notably, 48% of claims are submitted directly by members without employer intervention, while 44% of transfer requests are generated automatically.

    Dr. Mandaviya further emphasized the impact of member profile correction reforms. “Since the introduction of the simplified procedure, approximately 97.18% of member profile corrections have been self-approved by members, with only 1% requiring employer approval, and office intervention has been reduced to just 0.4%. Further, the rejection cases have dropped to 1.11% by the employer and 0.21% by the regional office, reflecting the effectiveness of the streamlined processes and reduced procedural bottlenecks in claim settlements”, Union Minister stated.

    Reaffirming the government’s commitment to enhancing ease of access for EPFO members, Dr. Mandaviya underscored that the organization will continue to leverage technology and process simplification to ensure a seamless and efficient service experience. “These reforms have not only accelerated the claim settlement process but have also contributed to minimizing member grievances, further strengthening trust in EPFO,” he added.

    *****

    Himanshu Pathak

    (Release ID: 2100310) Visitor Counter : 36

    MIL OSI Asia Pacific News –

    February 7, 2025
  • MIL-OSI Asia-Pac: Appointments to Mega Arts and Cultural Events Committee announced

    Source: Hong Kong Government special administrative region

         The Culture, Sports and Tourism Bureau (CSTB) announced today (February 6) the appointment and reappointment of members to the new-term Mega Arts and Cultural Events (ACE) Committee for a period of two years from February 1, 2025, to January 31, 2027. 
          
         A spokesperson for the CSTB said that the reappointed and newly appointed members are all leaders from the arts and cultural and related sectors. The CSTB looks forward to their valuable advice to attract mega arts and cultural events to be held in Hong Kong. Appreciation was extended to the outgoing member, Professor Eric Yim Chi-ming, for his support and contribution to the Mega ACE Committee.

         The membership of the Mega ACE Committee with effect from February 1 is as follows:
     
    Chairman
    ————
    Dr Adrian Cheng Chi-kong
      
    Vice-Chairman
    ——————-
    Mrs Helen Chan
      
    Members
    ———–
    Ms Ann Au Chor-kwan
    Ms Winnie Chiu Wing-kwan
    Mr William Fong Yuen-ming*
    Dr Evelyn Lam Ho-yi*
    Mr Lo Bing-chung*
    Mr Wesley Ng Pui-sun
    Mr Ng Sui-wan (Ng Yu)
    Ms Yolanda Ng Yuen-ting
    Ms Joyce Tam Joy-yee*
    Mr Paul Yeung Kwok-leung
     
    * New appointees

         The CSTB launched the Mega ACE Fund in April 2023. The Mega ACE Fund aims to attract and support international and large-scale arts and cultural events to be held in Hong Kong, with a view to fostering Hong Kong’s development as an East-meets-West centre for international cultural exchange. The Mega ACE Committee advises the Government on strategies to attract mega arts and cultural events to be held in Hong Kong, and on the operation of the Mega ACE Fund. It also assesses applications under the Mega ACE Fund for the Government’s approval.
          
         Further to the CSTB’s announcement on details of the enhancement of the Mega ACE Fund’s operation and its application arrangement on November 30, 2024, the new application mechanism officially took effect on January 1, 2025. For more information and the application form, please visit www.cstb.gov.hk/en/councils-boards-and-committees/mega-arts-and-cultural-events-committee.html.

    MIL OSI Asia Pacific News –

    February 7, 2025
  • MIL-OSI Asia-Pac: ‘Pariksha Pe Charcha’ is back and that too in a fresh and livelier format!: Prime Minister

    Source: Government of India (2)

    Posted On: 06 FEB 2025 1:18PM by PIB Delhi

    Urging all #ExamWarriors, their parents and teachers to watch #PPC2025, consisting of 8 very interesting episodes covering different aspects of stress free exams!: PM

    Urging all Exam Warriors, their parents and teachers to watch the
    Pariksha Pe Charcha 2025, the Prime Minister Shri Narendra Modi in a post on X wrote,:

    “‘Pariksha Pe Charcha’ is back and that too in a fresh and livelier format!

    Urging all #ExamWarriors, their parents and teachers to watch #PPC2025, consisting of 8 very interesting episodes covering different aspects of stress free exams!”

    ‘Pariksha Pe Charcha’ is back and that too in a fresh and livelier format!

    Urging all #ExamWarriors, their parents and teachers to watch #PPC2025, consisting of 8 very interesting episodes covering different aspects of stress free exams! pic.twitter.com/GzgRcqO3py

    — Narendra Modi (@narendramodi) February 6, 2025

    ***

    MJPS/SR/SKS

    (Release ID: 2100194) Visitor Counter : 30

    MIL OSI Asia Pacific News –

    February 7, 2025
  • MIL-OSI Asia-Pac: Union Minister Jyotiraditya Scindia inaugurates North East Investment Roadshow in Chennai

    Source: Government of India (2)

    Union Minister Jyotiraditya Scindia inaugurates North East Investment Roadshow in Chennai

    Minister Scindia invites Chennai to join the transformative journey of the ‘Ashtalakshmi’ region as it charts its path to becoming a leading engine of India’s growth.

    The roadshow hosted by Ministry of Development of North Eastern Region aims to attract investment for the development of North East India.

    Posted On: 06 FEB 2025 9:29AM by PIB Delhi

    The Ministry of Development of North Eastern Region (MDoNER) hosted the North East Trade and Investment Roadshow in Chennai today. The roadshow evoked strong interest from potential investors who are eager to explore opportunities in the North Eastern States. The event was attended by the Hon’ble Minister, Ministry of Development of North Eastern Region & Ministry of Communications, Shri Jyotiraditya M. Scindia, alongwith Pu Lalnghinglova Hmar, Hon’ble Minister of Sports & Youth Services, Government of Mizoram, senior officials from MDoNER, North Eastern Council and North Eastern States.

    Hon’ble Minister, MDoNER mentioned that Hon’ble Prime Minister emphasized North East as India’s Asthalakshmi, a key economic asset poised for rapid industrialization. He highlighted the major development initiatives in the infrastructure sector that have taken place in the North Eastern Region under the leadership of Hon’ble Prime Minister during the last 10 years, inter-alia, including expanding air, road and rail connectivity, waterways etc. Hon’ble Minister MDoNER stated that each of the eight states of the North East embodies unique strengths, resources and opportunities, making this region an invaluable asset in India’s growth story. From its rich cultural diversity to its natural beauty and strategic location, the North Eastern Region holds immense potential to emerge as one of the country’s leading economic powerhouses. Its proximity to Southeast Asia also positions the North Eastern Region as a gateway to South East Asian countries, aligning perfectly with India’s Act East Policy. He also highlighted the potential of North Eastern States in various sectors such as Tourism & hospitality, Agri and allied industries, healthcare, entertainment & sports, infrastructure & logistics, IT & ITeS, Textiles, Handloom & Handicrafts, energy etc. He assured investors that the region’s youth, high literacy rates, and abundant natural resources make it an ideal destination for investment. Hon’ble Minister expressed his admiration for Chennai, calling it a “thriving IT powerhouse and a cradle of economic growth for India”. He acknowledged the city’s rich heritage, cutting-edge technology, and robust industrial ecosystem, drawing parallels between Chennai’s potential and North East India’s emerging economic landscape. Highlighting the North East India’s strengths in agriculture, food processing, tourism, and manufacturing, he urged Chennai’s entrepreneurs to invest in these sectors. He also underlined that North East holds 38% of India’s bamboo resources which offers great opportunity to furniture industry of Chennai. Further, the large untapped hydrocarbon reserves and hydropower generation potential of the North Eastern Region waiting to be harnessed. In his concluding remarks he invited investors to the North Eastern Region and play a key role in shaping the future of the region.

    Hon’ble Minister of Sports & Youth Services, Govt. of Mizoram in his address highlighted Mizoram’s immense investment opportunities despite being a small state with a population of just 11 lakh. He stated that with 55% of its land under horticulture, Mizoram produces GI-tagged ginger and chillies, along with mandarin oranges, papaya, and dragon fruit, offering significant potential in agriculture and food processing. The State is rich in bamboo cultivation, which still remains largely untapped. He also underlined that Mizoram is also positioning itself as a sports powerhouse and is aligned with India’s 2036 Olympic vision. Mizoram has also produced top sportspersons, therefore, the sports sector has great potential for investment. He also urged investors to explore other sectors such as tourism, infrastructure, food processing etc. for investment in the State of Mizoram.

    Shri Chanchal Kumar, Secretary, MDoNER in his address highlighted the immense investment potential of the North East, calling it a hub of innovation, cultural heritage, and economic opportunity. With breathtaking landscapes and a thriving tourism sector, the region has become increasingly attractive for investors. He highlighted that over the last 10 years, connectivity of the region has been transformed whether it is road, rail, air, water, and digital. The region’s economic growth has outpaced the national average, making it an ideal destination for businesses. Further, the North Eastern States have tailored, attractive policies aligned with the Central Government to encourage investment. He informed that Government has identified eight tourism sites to be developed as model tourist destinations across each of the North Eastern States through PPP mode.  He also underlined that IT & ITeS sector is growing faster in the North Eastern Region. Further, the agriculture and allied sectors offers unique products with immense economic potential. He stated that UNNATI scheme launched by Government of India provides attractive incentives for investment in the North Eastern Region. He also mentioned that with trilateral highways and the Kaladan project, the North East is set to become a key hub for medical tourism, catering to over 60 million people from neighbouring countries. The single-window system across the North Eastern States ensures ease of doing business. He urged the investors to visit, explore, and partner in North East India’s transformation.

    Shri Shantanu, Joint Secretary, MDoNER, in his address on advantage North East and Opportunities for Investment and Trade emphasized that North Eastern Region has rich untapped potential. He informed that during the last 10 years there is a remarkable improvement in connectivity to the North Eastern Region whether it’s air, rail, road or waterways. Over the past decade, the government has successfully completed numerous pending projects, benefiting local communities and millions of people through various schemes/initiatives. He stated that North East Region’s enabling infrastructure, strategic connectivity, higher working age population and an english-speaking workforce, makes it ideal for businesses targeting Southeast Asian markets.  He also highlighted the opportunities in the region in various sectors like IT & ITES, Healthcare, Agri and allied, Education & Skill Development, Sports & Entertainment, Tourism & Hospitality, Infrastructure and logistics; Textiles, Handlooms and Handicrafts and Energy. He stated that with ample opportunities across multiple sectors, North East India welcomes investors to explore its vast potential and be part of its growth journey.

    The representative of Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, gave a detailed presentation on the UNNATI Scheme, providing attendees with a comprehensive understanding of its benefits and associated incentives. He underlined that the UNNATI Scheme aims to boost industrialisation and economic growth in North East India. The scheme offers incentives to attract investors and manufacturing companies, supports the ‘Act East Policy,’ and promotes domestic manufacturing and services to reduce import dependence and enhance exports.

    Senior officials representing the North Eastern States shared actionable insights about the emerging opportunities across various sectors. The Chennai roadshow drew strong participation from industry leaders, further reinforcing the investment appeal of North East India. The event also featured several B2G meetings, providing investors with a platform to discuss their investment plans in the North Eastern Region.

    The Chennai roadshow concluded on a positive note, with participants expressing keen interest in exploring collaborative ventures in the North Eastern Region. The event not only fostered meaningful dialogue but also laid the groundwork for future partnerships, driving economic growth and sustainable development in the region. The event marked another milestone in a series of successful roadshows across India and showcased the untapped potential of North East India.

    *****

    Samrat/Dheeraj

    donerpib[at]gmail[dot]com

    (Release ID: 2100164) Visitor Counter : 322

    MIL OSI Asia Pacific News –

    February 7, 2025
  • MIL-OSI Asia-Pac: Vice-President to visit Ranebennur, Karnataka on 7th February, 2025

    Source: Government of India (2)

    Vice-President to visit Ranebennur, Karnataka on 7th February, 2025

    VP to be Chief Guest at inaugural event of Karnataka Vaibhava Literature & Cultural Festival

    Posted On: 06 FEB 2025 10:00AM by PIB Delhi

    The Vice-President of India, Shri Jagdeep Dhankhar, will visit Ranebennur, Karnataka, on 7th February, 2025.

    During his one-day tour, Shri Dhankhar will be the Chief Guest at the inaugural event of the Karnataka Vaibhava Literature & Cultural Festival at Ranebennur.

    ***

    JK/RC/SM

     

    (Release ID: 2100165) Visitor Counter : 28

    MIL OSI Asia Pacific News –

    February 7, 2025
  • MIL-OSI Asia-Pac: Post event press release of Chennai roadshow held on 5th February, 2025

    Source: Government of India

    Posted On: 06 FEB 2025 9:29AM by PIB Delhi

    The Ministry of Development of North Eastern Region (MDoNER) hosted the North East Trade and Investment Roadshow in Chennai today. The roadshow evoked strong interest from potential investors who are eager to explore opportunities in the North Eastern States. The event was attended by the Hon’ble Minister, Ministry of Development of North Eastern Region & Ministry of Communications, Shri Jyotiraditya M. Scindia, alongwith Pu Lalnghinglova Hmar, Hon’ble Minister of Sports & Youth Services, Government of Mizoram, senior officials from MDoNER, North Eastern Council and North Eastern States.

    Hon’ble Minister, MDoNER mentioned that Hon’ble Prime Minister emphasized North East as India’s Asthalakshmi, a key economic asset poised for rapid industrialization. He highlighted the major development initiatives in the infrastructure sector that have taken place in the North Eastern Region under the leadership of Hon’ble Prime Minister during the last 10 years, inter-alia, including expanding air, road and rail connectivity, waterways etc. Hon’ble Minister MDoNER stated that each of the eight states of the North East embodies unique strengths, resources and opportunities, making this region an invaluable asset in India’s growth story. From its rich cultural diversity to its natural beauty and strategic location, the North Eastern Region holds immense potential to emerge as one of the country’s leading economic powerhouses. Its proximity to Southeast Asia also positions the North Eastern Region as a gateway to South East Asian countries, aligning perfectly with India’s Act East Policy. He also highlighted the potential of North Eastern States in various sectors such as Tourism & hospitality, Agri and allied industries, healthcare, entertainment & sports, infrastructure & logistics, IT & ITeS, Textiles, Handloom & Handicrafts, energy etc. He assured investors that the region’s youth, high literacy rates, and abundant natural resources make it an ideal destination for investment. Hon’ble Minister expressed his admiration for Chennai, calling it a “thriving IT powerhouse and a cradle of economic growth for India”. He acknowledged the city’s rich heritage, cutting-edge technology, and robust industrial ecosystem, drawing parallels between Chennai’s potential and North East India’s emerging economic landscape. Highlighting the North East India’s strengths in agriculture, food processing, tourism, and manufacturing, he urged Chennai’s entrepreneurs to invest in these sectors. He also underlined that North East holds 38% of India’s bamboo resources which offers great opportunity to furniture industry of Chennai. Further, the large untapped hydrocarbon reserves and hydropower generation potential of the North Eastern Region waiting to be harnessed. In his concluding remarks he invited investors to the North Eastern Region and play a key role in shaping the future of the region.

    Hon’ble Minister of Sports & Youth Services, Govt. of Mizoram in his address highlighted Mizoram’s immense investment opportunities despite being a small state with a population of just 11 lakh. He stated that with 55% of its land under horticulture, Mizoram produces GI-tagged ginger and chillies, along with mandarin oranges, papaya, and dragon fruit, offering significant potential in agriculture and food processing. The State is rich in bamboo cultivation, which still remains largely untapped. He also underlined that Mizoram is also positioning itself as a sports powerhouse and is aligned with India’s 2036 Olympic vision. Mizoram has also produced top sportspersons, therefore, the sports sector has great potential for investment. He also urged investors to explore other sectors such as tourism, infrastructure, food processing etc. for investment in the State of Mizoram.

    Shri Chanchal Kumar, Secretary, MDoNER in his address highlighted the immense investment potential of the North East, calling it a hub of innovation, cultural heritage, and economic opportunity. With breathtaking landscapes and a thriving tourism sector, the region has become increasingly attractive for investors. He highlighted that over the last 10 years, connectivity of the region has been transformed whether it is road, rail, air, water, and digital. The region’s economic growth has outpaced the national average, making it an ideal destination for businesses. Further, the North Eastern States have tailored, attractive policies aligned with the Central Government to encourage investment. He informed that Government has identified eight tourism sites to be developed as model tourist destinations across each of the North Eastern States through PPP mode.  He also underlined that IT & ITeS sector is growing faster in the North Eastern Region. Further, the agriculture and allied sectors offers unique products with immense economic potential. He stated that UNNATI scheme launched by Government of India provides attractive incentives for investment in the North Eastern Region. He also mentioned that with trilateral highways and the Kaladan project, the North East is set to become a key hub for medical tourism, catering to over 60 million people from neighbouring countries. The single-window system across the North Eastern States ensures ease of doing business. He urged the investors to visit, explore, and partner in North East India’s transformation.

    Shri Shantanu, Joint Secretary, MDoNER, in his address on advantage North East and Opportunities for Investment and Trade emphasized that North Eastern Region has rich untapped potential. He informed that during the last 10 years there is a remarkable improvement in connectivity to the North Eastern Region whether it’s air, rail, road or waterways. Over the past decade, the government has successfully completed numerous pending projects, benefiting local communities and millions of people through various schemes/initiatives. He stated that North East Region’s enabling infrastructure, strategic connectivity, higher working age population and an english-speaking workforce, makes it ideal for businesses targeting Southeast Asian markets.  He also highlighted the opportunities in the region in various sectors like IT & ITES, Healthcare, Agri and allied, Education & Skill Development, Sports & Entertainment, Tourism & Hospitality, Infrastructure and logistics; Textiles, Handlooms and Handicrafts and Energy. He stated that with ample opportunities across multiple sectors, North East India welcomes investors to explore its vast potential and be part of its growth journey.

    The representative of Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, gave a detailed presentation on the UNNATI Scheme, providing attendees with a comprehensive understanding of its benefits and associated incentives. He underlined that the UNNATI Scheme aims to boost industrialisation and economic growth in North East India. The scheme offers incentives to attract investors and manufacturing companies, supports the ‘Act East Policy,’ and promotes domestic manufacturing and services to reduce import dependence and enhance exports.

    Senior officials representing the North Eastern States shared actionable insights about the emerging opportunities across various sectors. The Chennai roadshow drew strong participation from industry leaders, further reinforcing the investment appeal of North East India. The event also featured several B2G meetings, providing investors with a platform to discuss their investment plans in the North Eastern Region.

    The Chennai roadshow concluded on a positive note, with participants expressing keen interest in exploring collaborative ventures in the North Eastern Region. The event not only fostered meaningful dialogue but also laid the groundwork for future partnerships, driving economic growth and sustainable development in the region. The event marked another milestone in a series of successful roadshows across India and showcased the untapped potential of North East India.

    *****

    Samrat/Dheeraj

    donerpib[at]gmail[dot]com

    (Release ID: 2100164) Visitor Counter : 51

    MIL OSI Asia Pacific News –

    February 7, 2025
  • MIL-OSI Asia-Pac: Appeal for information on missing girl in Lantau North (with photo)

    Source: Hong Kong Government special administrative region

    Appeal for information on missing girl in Lantau North (with photo)
    Appeal for information on missing girl in Lantau North (with photo)
    *******************************************************************

         Police today (February 6) appealed to the public for information on a girl who went missing in Lantau North.     Pun Ruth Elizabeth Guillergan, aged 15, went missing after she left her residence in Mun Tung Estate on February 5 morning. Her family made a report to Police today.     She is about 1.52 metres tall, around 63 kilograms in weight and of fat build. She has a round face with yellow complexion and long black hair. She was last seen wearing a white jacket, a white dress and a white headscarf.      Anyone who knows the whereabouts of the missing girl or may have seen her is urged to contact the Regional Missing Persons Unit of New Territories South on 3661 1173 or 5562 1893, or email to rmpu-nts-2@police.gov.hk, or contact any police station.

     
    Ends/Thursday, February 6, 2025Issued at HKT 11:41

    NNNN

    MIL OSI Asia Pacific News –

    February 7, 2025
  • MIL-OSI Russia: Exploring Traditions: HSE Students Celebrate Chinese New Year

    Translartion. Region: Russians Fedetion –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    February 1st Cultural center HSE University celebrated the Eastern New Year as usual – a large-scale celebration united students and teachers interested in the culture of East Asian countries. The organizers were School of Oriental Studies Faculty of World Economy and World Politics, Internationalization Directorate, HSE Chinese Club, as well as other university clubs – Japanese “Musubi” and Korean “Hallyan“.

    Guests were treated to calligraphy master classes, where they could learn how to write their name in the languages of Asian countries, try their hand at the art of ink drawing, and create an imprint of the symbol of the year — a snake. Tea lovers learned the intricacies of traditional tea drinking, learned about the most diverse and unusual types of this plant and the significance of the tea ceremony in Eastern culture. Visitors were also offered Chinese red envelopes with New Year wishes — in China, they are traditionally given to loved ones, wishing them well-being and good luck.

    The guests took part in national games and quizzes with great interest, where they tested their knowledge of Eastern traditions and the history of the holiday. The culmination was a concert, where the audience could immerse themselves more deeply in the atmosphere of the Chinese New Year thanks to theatrical scenes, national songs and performances by dance groups.

    Many international students compared the joyful atmosphere that reigned to New Year’s at home. “I am from Asia, and this year I was unable to celebrate the New Year in my homeland. But here I was able to feel the warmth and comfort of a home holiday,” shared Nguyen Hinh Goc Anh, a student. Higher School of Business.

    For Russian students studying Eastern culture, this evening was an excellent opportunity to get to know the traditions better.

    The guests noted the high level of organization and the organizers’ attention to detail. “The interiors are beautifully stylized, it is clear that people really prepared and were burning with the idea. Each zone has a special atmosphere that allows you to immerse yourself in the culture,” noted Ekaterina Klimenko, a 5th-year student of the educational program “Oriental Studies” She brought her friend Elizaveta to the party, who does not study at the HSE, but was happy to spend the day at the university.

    For the guests, the holiday was not just entertainment, but also an opportunity to communicate with new people. “Here you can have fun, broaden your horizons, get acquainted with traditions, and also meet students from different fields,” said Maria Fedyunina, a student in the educational program “Management in creative industries” FCI HSE.

    The participants of the evening emphasized the importance of such initiatives, as they help strengthen the student community by creating a space for communication and knowledge sharing.

    Text: Sofia Simina, OP “Advertising and Public Relations“

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

    MIL OSI Russia News –

    February 7, 2025
  • MIL-OSI: Atlys announces its expansion to the UK, spelling the end of visa woes for more than 36% of the population

    Source: GlobeNewswire (MIL-OSI)

    London, Feb. 06, 2025 (GLOBE NEWSWIRE) — For millions of travellers, planning a trip abroad means facing uncertainty and anxiety as they jump through hoops trying to satisfy complex visa requirements. In order to tackle this kind of travel inequality, Atlys has today announced its expansion into the UK market. The digital visa platform’s UK expansion follows a fresh $20 million funding round from marquee global investors. 

    As part of its UK expansion, Atlys has acquired Artionis, a UK-based visa services company, bringing aboard 40 specialists across offices in London, Manchester, and Edinburgh. It plans to double headcount to 80 employees in the UK this year. The acquisition strengthens Atlys’ expertise in specialised visa routes, that will cater to 36% of the UK population made up of non-UK passport holders as well as those who prefer a DIY approach to visa applications.

    Atlys founder and CEO: Mohak Nahta.

    “Expanding to the UK represents more than just market growth – it’s about creating a more equitable travel ecosystem,” said Mohak Nahta, Founder and CEO of Atlys. “Our platform is designed to make international travel accessible to everyone, regardless of their passport strength, and the UK’s strategic position will help us extend this impact across Europe.”

    The Atlys digital visa application experience.

    Since its inception in 2021, Atlys has processed over two million visas for people, transforming a traditionally complex process through intelligent automation. The platform’s unique predictive engine provides exact visa approval timelines and backs this certainty with refund guarantees for rejected or delayed applications. Users can complete applications in under five minutes and upload documents once to become visa-ready for more than 100 countries, eliminating redundant paperwork. Within six months of its launch, Atlys rapidly became the largest visa processor in India – capturing a lion’s share of the market. Building on that momentum, Atlys launched its services in the UAE last year and has quickly established a strong foothold in the country where 90%  of the population is made up of expatriates, creating a pressing demand for a streamlined visa solution.

    Atlys offers transparency on your visa application process.

    Atlys’s impact can be seen in the stories of users like George, who booked a flight to Dubai to visit his ailing mother and only realized at the airport that his UAE visa had expired. With Atlys’s assistance, he secured a new visa in just 30 minutes – just in time to board his plane. Another case highlighting Atlys’s effectiveness is Muhammad, a businessman from Hyderabad who initially had his European visa application denied. Atlys guided him through the process, recommended the most suitable embassy, and helped craft a strong application that showcased his ties to India, ultimately leading to an approval.

    The platform’s origin story reflects its mission. The idea for Atlys was born when Mohak Nahta, while working at Pinterest, faced a stark contrast in travel preparation compared to his American colleagues. As the only Indian team member planning a five-country work trip, Nahta had to secure multiple visas, each requiring him to submit the same documents over and over again. This frustration led him to envision a platform where travellers could upload documents once and instantly become visa-ready for multiple countries. What started as a side project quickly gained traction among friends, with word-of-mouth driving rapid adoption. 

    The founder’s belief in the solution led to unconventional growth tactics. He began visiting San Francisco’s international airport wearing a T-shirt emblazoned with the words “Got Questions on Turkey e-Visa?”, helping confused travellers navigate recent rule changes – until security eventually banned him from the premises. This grassroots approach and clear market need convinced Nahta to leave Pinterest and pursue Atlys full-time.

    “Since our initial investment, Atlys has demonstrated exceptional growth, processing over two million visas while maintaining strong user satisfaction,” said Shraeyansh Thakur, Principal at Peak XV. “Their data-driven approach and focus on user experience set them apart. The UK expansion represents a significant step toward becoming the definitive platform for global travel enablement.”

    The expansion comes as the global travel sector shows considerable growth, with the World Travel & Tourism Council valuing the market at nearly $9 trillion in 2023 and projecting over 1.8 billion international arrivals by decade’s end. Beyond visas, Atlys is evolving into a comprehensive travel companion having added eSIMs, Forex, and travel insurance to their offering, with plans to expand into curated experiences.

    Looking ahead, Atlys will leverage its new funding to drive product innovation and broader expansion, empowering even more  global travellers to explore the world with confidence – regardless of their passport strength.

    Ends

    Media images can be found here. 

    About Atlys
    Founded in 2021 by Mohak Nahta, Atlys simplifies visa processing and global travel. Through its intuitive platform, even first-time travellers can confidently navigate visa applications. Driven by the mission to enable every person to travel freely, Atlys is paving the way for a world where borders are no longer a barrier to exploration.

    The MIL Network –

    February 7, 2025
  • MIL-OSI: Bilibili Inc. to Report Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results on Thursday, February 20, 2025

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, Feb. 06, 2025 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it will report its fourth quarter and fiscal year 2024 unaudited financial results on Thursday, February 20, 2025, before the open of U.S. markets.

    The Company’s management will host an earnings conference call at 7:00 AM U.S. Eastern Time on February 20, 2025 (8:00 PM Beijing/Hong Kong Time on February 20, 2025). Details for the conference call are as follows:

    All participants must use the link provided above to complete the online registration process in advance of the conference call. Upon registering, each participant will receive a set of participant dial-in numbers and a personal PIN, which will be used to join the conference call.

    Additionally, a live webcast of the conference call will be available on the Company’s investor relations website at http://ir.bilibili.com, and a replay of the webcast will be available following the session.

    About Bilibili Inc.

    Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that has transformed our users’ viewing experience by displaying the thoughts and feelings of audience members viewing the same video. The Company has now become the welcoming home of diverse interests among young generations in China and the frontier for promoting Chinese culture across the world.

    For more information, please visit: http://ir.bilibili.com.

    For investor and media inquiries, please contact:

    In China:

    Bilibili Inc.
    Juliet Yang
    Tel: +86-21-2509-9255 Ext. 8523
    E-mail: ir@bilibili.com

    Piacente Financial Communications
    Helen Wu
    Tel: +86-10-6508-0677
    E-mail: bilibili@tpg-ir.com 

    In the United States:

    Piacente Financial Communications
    Brandi Piacente
    Tel: +1-212-481-2050
    E-mail: bilibili@tpg-ir.com

    The MIL Network –

    February 6, 2025
  • MIL-OSI United Kingdom: Scotland one of the “best places in the world” for start-ups

    Source: Scottish Government

    Techscaler supporting more entrepreneurs across Scotland.

    Start-up tech companies participating in the Scottish Government’s Techscaler business accelerator programme have raised more than £118 million of capital investment in the past two years.

    It comes from both private and public sources and is supporting businesses in sectors such as medical technology, artificial intelligence and space.

    Deputy First Minister Kate Forbes described Scotland as one of the best places in the world to launch a start-up tech company during a speech marking the publication of Techscaler’s Annual Report.  

    It also reveals that the number of companies involved in the programme almost doubled last year from 502 to 978, while the number of individual entrepreneurs more than doubled from 610 to 1,411. They were able to access benefits including mentoring, training and introductions to potential investors and customers.

    Further activity included two international pop-up hubs in Singapore and San Francisco to help companies penetrate global markets.

    Konversable, a Glasgow AI chatbot and messaging technology company which helps companies convert enquiries into sales, was introduced to potential investors and customers at Techscaler’s Singapore pop-up in October. The company secured £300,000 investment over the year.

    Deputy First Minister and Economy Secretary Kate Forbes said: 

    “The Techscaler programme – which I am deeply proud to have launched just two years ago – is contributing to Scotland’s reputation as one of the best places in the world to launch a tech start-up.

    “While this is a relatively young programme, what this report makes clear is that it is delivering results and helping entrepreneurs to unleash their ability to innovate, spearheading Scotland’s presence in expanding new markets.

    Edinburgh company CodeBase runs the Techscaler programme. CEO and co-founder Stephen Coleman said:

    “We’re proud of our collective achievements over the first two years of Techscaler, delivering strong support for our ambitious founders and startups both here in Scotland and increasingly as they target global markets, building on our position as a catalyst driving innovation, partnerships, and collaboration across the Scottish tech ecosystem.”

    Background

    Techscaler Annual Report

    Backed by £42 million of Scottish Government investment, Techscaler was founded in 2022 to help tech founders grow their businesses.

    MIL OSI United Kingdom –

    February 6, 2025
  • MIL-OSI: International Petroleum Corporation to release 2024 Year-End Financial and Operational Results and to hold Capital Markets Day on February 11, 2025

    Source: GlobeNewswire (MIL-OSI)

    International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the three months and year ended December 31, 2024, on Tuesday, February 11, 2025 at 07:30 CET, followed by an audiocast at 10:00 CET (09:00 GMT). IPC’s annual Capital Markets Day will also be held on Tuesday, February 11, 2025 as a webcast at 15:00 CET (14:00 GMT).

    Follow the 2024 year-end financial and operating results presentation starting at 10:00 CET (09:00 GMT) live on www.international-petroleum.com or using the link below:

    Presentation Link: https://ipc.videosync.fi/2025-02-11-q4

    Follow the Capital Markets Day presentation at 15:00 CET (14:00 GMT) live on www.international-petroleum.com or using the link below:

    Presentation Link: https://ipc.videosync.fi/2025-02-11-cmd

    International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm under the symbol “IPCO”.

    For further information, please contact:

    Rebecca Gordon
    SVP Corporate Planning and Investor Relations
    rebecca.gordon@international-petroleum.com
    Tel: +41 22 595 10 50
     

    Or

    Robert Eriksson
    Media Manager
    reriksson@rive6.ch
    Tel: +46 701 11 26 15

    Forward-Looking Statements
    This press release contains statements and information which constitute “forward-looking statements” or “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including the Corporation’s future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

    All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “forecast”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “budget” and similar expressions) are not statements of historical fact and may be “forward-looking statements”.

    Attachment

    • IPC PR YE 2024 and 2025 CMD release advance 06-02-25

    The MIL Network –

    February 6, 2025
  • MIL-OSI: International Petroleum Corporation to release 2024 Year-End Financial and Operational Results and to hold Capital Markets Day on February 11, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 06, 2025 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the three months and year ended December 31, 2024, on Tuesday, February 11, 2025 at 07:30 CET, followed by an audiocast at 10:00 CET (09:00 GMT). IPC’s annual Capital Markets Day will also be held on Tuesday, February 11, 2025 as a webcast at 15:00 CET (14:00 GMT).

    Follow the 2024 year-end financial and operating results presentation starting at 10:00 CET (09:00 GMT) live on www.international-petroleum.com or using the link below:

    Presentation Link: https://ipc.videosync.fi/2025-02-11-q4

    Follow the Capital Markets Day presentation at 15:00 CET (14:00 GMT) live on www.international-petroleum.com or using the link below:

    Presentation Link: https://ipc.videosync.fi/2025-02-11-cmd

    International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm under the symbol “IPCO”.

    For further information, please contact:

    Rebecca Gordon
    SVP Corporate Planning and Investor Relations
    rebecca.gordon@international-petroleum.com
    Tel: +41 22 595 10 50
    Or Robert Eriksson
    Media Manager
    reriksson@rive6.ch
    Tel: +46 701 11 26 15
         

    Forward-Looking Statements
    This press release contains statements and information which constitute “forward-looking statements” or “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including the Corporation’s future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

    All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “forecast”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “budget” and similar expressions) are not statements of historical fact and may be “forward-looking statements”.

    The MIL Network –

    February 6, 2025
  • MIL-OSI Africa: Female genital mutilation is a leading cause of death for girls where it’s practised – new study

    Source: The Conversation – Africa – By Heather D. Flowe, Professor of Psychology, University of Birmingham

    Female genital mutilation or cutting (FGM/C) is a deeply entrenched cultural practice that affects around 200 million women and girls. It’s practised in at least 25 African countries, as well as parts of the Middle East and Asia and among immigrant populations globally.

    It is a harmful traditional practice that involves removing or damaging female genital tissue. Often it’s “justified” by cultural beliefs about controlling female sexuality and marriageability. FGM/C causes immediate and lifelong physical and psychological harm to girls and women, including severe pain, complications during childbirth, infections and trauma.

    We brought together our expertise in economics and gender based violence to examine excess mortality (avoidable deaths) due to FGM/C. Our new research now reveals a devastating reality: FGM/C is one of the leading causes of death for girls and young women in countries where it’s practised. FGM/C can result in death from severe bleeding, infection, shock, or obstructed labour.

    Our study estimates that it causes approximately 44,000 deaths each year across the 15 countries we examined. That is equivalent to a young woman or girl every 12 minutes.

    This makes it a more significant cause of death in the countries studied than any other excluding infection, malaria and respiratory infections or tuberculosis. Put differently, it is a bigger cause of death than HIV/Aids, measles, meningitis and many other well-known health threats for young women and girls in these countries.

    Prior research has shown that FGM/C leads to severe pain, bleeding and infection. But tracking deaths directly caused by the practice has been nearly impossible. This is partly because FGM/C is illegal in many countries where it occurs, and it typically takes place in non-clinical settings without medical supervision.

    Where the crisis is most severe

    The practice is particularly prevalent in several African nations. In Guinea, our data show 97% of women and girls have undergone FGM/C, while in Mali the figure stands at 83%, and in Sierra Leone, 90%. The high prevalence rates in Egypt, with 87% of women and girls affected, are a reminder that FGM/C is not confined to sub-Saharan Africa.

    For our study, we analysed data from the 15 African countries for which comprehensive “gold standard” FGM/C incidence information is available. Meaning, the data is comprehensive, reliable and widely accepted for research, policymaking and advocacy efforts to combat FGM/C.

    We developed a new approach to help overcome previous gaps in data. We matched data on the proportion of girls subjected to FGM/C at different ages with age-specific mortality rates across 15 countries between 1990 and 2020. The age at which FGM occurs varies significantly by country. In Nigeria, 93% of procedures are performed on girls younger than five years old. In contrast, in Sierra Leone, most girls undergo the procedure between the ages of 10 and 14.

    Since health conditions vary from place to place and over time, and vary in the same place from one year to the next, we made sure to consider these differences. This helped us figure out if more girls were dying at the ages when FGM/C usually happens in each country.

    For example, in Chad, 11.2% of girls undergo FGM/C aged 0-4, 57.2% at 5-9 and 30% at 10-14. We could see how mortality rates changed between these age groups compared to countries with different FGM patterns.

    This careful statistical approach helped us identify the excess deaths associated with the practice while accounting for other factors that might affect child mortality.

    Striking findings

    Our analysis revealed that when the proportion of girls subjected to FGM in a particular age group increases by 50 percentage points, their mortality rate rises by 0.1 percentage points. While this may sound small, when applied across the population of affected countries, it translates to tens of thousands of preventable deaths annually.

    The scale is staggering: while armed conflicts in Africa caused approximately 48,000 combat deaths per year between 1995 and 2015, our research suggests FGM/C leads to about 44,000 deaths annually. This places FGM among the most serious public health challenges facing these nations.

    Beyond the numbers

    These statistics represent real lives cut short. Most FGM/C procedures are performed without anaesthesia, proper medical supervision, or sterile equipment. The resulting complications can include severe bleeding, infection and shock. Even when not immediately fatal, the practice can lead to long-term health problems and increased risks during childbirth.

    The impact extends beyond physical health. Survivors often face psychological trauma and social challenges. In many communities, FGM/C is deeply embedded in cultural practices and tied to marriage prospects, making it difficult for families to resist the pressure to continue the tradition.

    Urgent crisis

    FGM/C is not just a human rights violation – it’s a public health crisis demanding urgent attention. While progress has been made in some areas, with some communities abandoning the practice, our research suggests that current efforts to combat FGM/C need to be dramatically scaled up.

    The COVID-19 pandemic has potentially worsened the situation, owing to broader impacts of the pandemic on societies, economies and healthcare systems. The UN estimates that the pandemic may have led to 2 million additional cases of FGM/C that could have been prevented. Based on our mortality estimates, this could result in approximately 4,000 additional deaths in the 15 countries we studied.

    The way forward

    Ending FGM/C requires a multi-faceted approach. Legal reforms are crucial – the practice remains legal in five of the 28 countries where it’s most commonly practised. However, laws alone aren’t enough. Community engagement, education, and support for grassroots organisations are essential for changing deeply held cultural beliefs and practices.

    Previous research has shown that information campaigns and community-led initiatives can be effective. For instance, studies have documented reductions in FGM/C rates following increased social media reach in Egypt and the use of educational films showing different views on FGM/C.

    Most importantly, any solution must involve the communities where FGM/C is practised. Our research underscores that this isn’t just about changing traditions – it’s about saving lives. Every year of delay means tens of thousands more preventable deaths.

    Our findings suggest that ending FGM/C should be considered as urgent a priority as combating major infectious diseases. The lives of millions of girls and young women depend on it.

    – Female genital mutilation is a leading cause of death for girls where it’s practised – new study
    – https://theconversation.com/female-genital-mutilation-is-a-leading-cause-of-death-for-girls-where-its-practised-new-study-249171

    MIL OSI Africa –

    February 6, 2025
  • MIL-OSI Canada: Joint statement: Four years on from the Military Coup in Myanmar

    Source: Government of Canada News (2)

    January 31, 2025 – Ottawa, Ontario – Global Affairs Canada

    “Today marks 4 years since the Myanmar military regime overthrew the democratically elected government in Myanmar, creating one of the largest crises in the Indo-Pacific. Since the coup, the people of Myanmar remain subject to military rule that has deprived many of their rights, democratic aspirations and, for thousands, their liberty and their lives.

    MIL OSI Canada News –

    February 6, 2025
  • MIL-OSI Global: The ‘degrowth’ movement envisions global climate justice, but must adapt to global south realities

    Source: The Conversation – France – By Claudius Gräbner-Radkowitsch, Junior Professor of Pluralist Economics, Europa-Universität Flensburg

    It is widely accepted that human activities are the primary drivers of global warming and environmental crises, including the rapid loss of biodiversity. However, the debate over how best to address these issues is far from settled. In political circles, “green growth” – the concept of making economic activities more sustainable – has emerged as the most popular solution.

    Is green growth enough?

    The idea behind green growth is to continue expanding economies while minimising environmental harm. However, critics argue that this approach has failed to significantly curb climate change and biodiversity loss.

    Despite international efforts since the 1970s, carbon emissions have continued to rise. As the World Inequality Report reveals, nearly half of historical emissions occurred after 1990. Incremental policy changes, technological innovations and shifts in consumer behaviour have not been enough to reverse this trend. This failure has led to the growing appeal of “degrowth” – a more radical alternative that challenges the current global economic system.

    What is ‘degrowth’?

    “Degrowth” emerged in Europe, particularly in France, in the late 2000s. Philosophers such as André Gorz and economists such as Serge Latouche were among its early proponents, with researchers such as Tim Jackson later popularising the concept in the English-speaking world. They argue that the root cause of environmental destruction lies not only in human activity but also in a global economic model that has prioritised growth and profit since the Industrial Revolution.

    Initially, degrowth was a critique of Western lifestyles and notions of progress. Environmental concerns were just one part of the movement’s broader agenda. Over time, however, environmentalism has become central to the movement’s goals.

    A stenciled message in favour of degrowth.
    Paul Sableman, CC BY



    À lire aussi :
    Idea of green growth losing traction among climate policy researchers, survey of nearly 800 academics reveals


    What about the global south?

    Today, many degrowth advocates assert that the richer countries of the global north, being largely responsible for environmental degradation, should be the ones to scale back economic activity to avert ecological catastrophe. But what about the poorer countries of the global south? Should they adopt degrowth strategies? Some argue this would impose a neocolonial agenda, with wealthier countries once again dictating the terms of global development. Others note that many poorer countries need economic growth to combat poverty. And even if degrowth were limited to the north, it could still have significant effects on the south – both positive and negative.

    A review of academic literature on degrowth and the global south reveals two main perspectives: those who see degrowth as incompatible with the south’s development needs, and those who believe it could offer synergies with sustainable development goals.

    Supporters of degrowth often point out that many of its core ideas originate in the global south. Anthropologist Jason Hickel cites figures such as Sri Lankan philosopher Ananda Coomaraswamy, Indian economist J.C. Kumarappa and Bengali poet Rabindranath Tagore as inspirations. While these thinkers may not use the term “degrowth”, they promote ideas aligned with it, such as the Latin American Sumak kawsay (or “Buen vivir”) or the South African Ubuntu. These non-Western perspectives have been instrumental in shaping the degrowth discourse in the global north.

    Degrowth as decolonisation

    Degrowth advocates argue that scaling back economic activity in the north could help dismantle the unequal global division of labour, in which raw materials are extracted from the south and processed into consumer goods in the north. This system disproportionately benefits wealthier nations while leaving poorer countries with the social and environmental costs. Federico Demaria, a researcher in political ecology, argues that northern countries must “pay for past and present colonial exploitation in the south” – a central theme in contemporary degrowth discourse.

    An aerial view of a gold mine in Brazil.
    Tarcisio Schnaider/Shutterstock

    Some researchers suggest that dependence on economic growth is problematic for both the north and south. They argue that growth alone does not guarantee poverty reduction – wealth distribution and institutional reforms are just as crucial. Degrowth could help both regions avoid unsustainable development models by focusing more on social well-being than perpetual economic expansion.

    Challenges for degrowth in the global south

    However, many scholars believe degrowth is unattractive for the global south. Critics argue that the concept is too Eurocentric and fails to resonate amid the specific challenges faced by poorer nations. Interviews with academics and activists in the south show that while they may agree with some of the ideas behind degrowth, they reject its language, which they see as rooted in Western thinking. Economist Beatriz Rodríguez Labajos and her co-authors suggest that researchers from the north and south should look at “strengthening potential synergies, through an assertive recognition of the barriers to doing so”.

    There is also concern that promoting degrowth in the south could be perceived as a new form of colonialism. Imposing Western notions of degrowth could prevent poorer countries from following the same path to prosperity that the north took, which often involved exploiting the resources of the south. The degrowth movement’s failure to fully address the colonial roots of economic development poses a challenge to its decolonization-oriented ambitions.

    The problem of global dependencies

    Finally, global dependencies further complicate the degrowth debate. Many people in the south rely on export-driven economies that serve Western markets. A reduction in economic activity in the north could harm populations in the south who depend on those exports.

    This interdependence presents a dilemma for the degrowth movement. Proponents argue that degrowth is not about abandoning economic activity but reforming the global trade, finance and governance systems to prevent negative impacts on the south. For degrowth to succeed, its advocates must formulate concrete proposals that address these global dependencies without exacerbating inequalities or harming the most vulnerable.


    This article is part of a project involving The Conversation France and AFP audio. It has received financial support from the European Journalism Centre, as part of the Solutions Journalism Accelerator programme supported by the Bill and Melinda Gates Foundation. AFP and The Conversation France have retained their editorial independence at every stage of the project.


    We offer this article as part of the Normandy World Forum for Peace, organised by the Normandy region of France on September 26-27, 2024. The Conversation France is a partner of the forum. For more information, visit the Normandy World Forum for Peace’s website.

    Claudius Gräbner-Radkowitsch is a member of the Bündnis90/Die Grünen (The Greens) party. He has received research grants, notably from the Austrian FWF and the German DFG.

    Birte Strunk ne travaille pas, ne conseille pas, ne possède pas de parts, ne reçoit pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’a déclaré aucune autre affiliation que son organisme de recherche.

    – ref. The ‘degrowth’ movement envisions global climate justice, but must adapt to global south realities – https://theconversation.com/the-degrowth-movement-envisions-global-climate-justice-but-must-adapt-to-global-south-realities-238276

    MIL OSI – Global Reports –

    February 6, 2025
  • MIL-OSI Global: Female genital mutilation is a leading cause of death for girls where it’s practised – new study

    Source: The Conversation – Africa – By Heather D. Flowe, Professor of Psychology, University of Birmingham

    Female genital mutilation or cutting (FGM/C) is a deeply entrenched cultural practice that affects around 200 million women and girls. It’s practised in at least 25 African countries, as well as parts of the Middle East and Asia and among immigrant populations globally.

    It is a harmful traditional practice that involves removing or damaging female genital tissue. Often it’s “justified” by cultural beliefs about controlling female sexuality and marriageability. FGM/C causes immediate and lifelong physical and psychological harm to girls and women, including severe pain, complications during childbirth, infections and trauma.

    We brought together our expertise in economics and gender based violence to examine excess mortality (avoidable deaths) due to FGM/C. Our new research now reveals a devastating reality: FGM/C is one of the leading causes of death for girls and young women in countries where it’s practised. FGM/C can result in death from severe bleeding, infection, shock, or obstructed labour.

    Our study estimates that it causes approximately 44,000 deaths each year across the 15 countries we examined. That is equivalent to a young woman or girl every 12 minutes.

    This makes it a more significant cause of death in the countries studied than any other excluding infection, malaria and respiratory infections or tuberculosis. Put differently, it is a bigger cause of death than HIV/Aids, measles, meningitis and many other well-known health threats for young women and girls in these countries.

    Prior research has shown that FGM/C leads to severe pain, bleeding and infection. But tracking deaths directly caused by the practice has been nearly impossible. This is partly because FGM/C is illegal in many countries where it occurs, and it typically takes place in non-clinical settings without medical supervision.

    Where the crisis is most severe

    The practice is particularly prevalent in several African nations.
    In Guinea, our data show 97% of women and girls have undergone FGM/C, while in Mali the figure stands at 83%, and in Sierra Leone, 90%. The high prevalence rates in Egypt, with 87% of women and girls affected, are a reminder that FGM/C is not confined to sub-Saharan Africa.

    For our study, we analysed data from the 15 African countries for which comprehensive “gold standard” FGM/C incidence information is available. Meaning, the data is comprehensive, reliable and widely accepted for research, policymaking and advocacy efforts to combat FGM/C.

    We developed a new approach to help overcome previous gaps in data. We matched data on the proportion of girls subjected to FGM/C at different ages with age-specific mortality rates across 15 countries between 1990 and 2020. The age at which FGM occurs varies significantly by country. In Nigeria, 93% of procedures are performed on girls younger than five years old. In contrast, in Sierra Leone, most girls undergo the procedure between the ages of 10 and 14.

    Since health conditions vary from place to place and over time, and vary in the same place from one year to the next, we made sure to consider these differences. This helped us figure out if more girls were dying at the ages when FGM/C usually happens in each country.

    For example, in Chad, 11.2% of girls undergo FGM/C aged 0-4, 57.2% at 5-9 and 30% at 10-14. We could see how mortality rates changed between these age groups compared to countries with different FGM patterns.

    This careful statistical approach helped us identify the excess deaths associated with the practice while accounting for other factors that might affect child mortality.

    Striking findings

    Our analysis revealed that when the proportion of girls subjected to FGM in a particular age group increases by 50 percentage points, their mortality rate rises by 0.1 percentage points. While this may sound small, when applied across the population of affected countries, it translates to tens of thousands of preventable deaths annually.

    The scale is staggering: while armed conflicts in Africa caused approximately 48,000 combat deaths per year between 1995 and 2015, our research suggests FGM/C leads to about 44,000 deaths annually. This places FGM among the most serious public health challenges facing these nations.

    Beyond the numbers

    These statistics represent real lives cut short. Most FGM/C procedures are performed without anaesthesia, proper medical supervision, or sterile equipment. The resulting complications can include severe bleeding, infection and shock. Even when not immediately fatal, the practice can lead to long-term health problems and increased risks during childbirth.

    The impact extends beyond physical health. Survivors often face psychological trauma and social challenges. In many communities, FGM/C is deeply embedded in cultural practices and tied to marriage prospects, making it difficult for families to resist the pressure to continue the tradition.

    Urgent crisis

    FGM/C is not just a human rights violation – it’s a public health crisis demanding urgent attention. While progress has been made in some areas, with some communities abandoning the practice, our research suggests that current efforts to combat FGM/C need to be dramatically scaled up.

    The COVID-19 pandemic has potentially worsened the situation, owing to broader impacts of the pandemic on societies, economies and healthcare systems. The UN estimates that the pandemic may have led to 2 million additional cases of FGM/C that could have been prevented. Based on our mortality estimates, this could result in approximately 4,000 additional deaths in the 15 countries we studied.

    The way forward

    Ending FGM/C requires a multi-faceted approach. Legal reforms are crucial – the practice remains legal in five of the 28 countries where it’s most commonly practised. However, laws alone aren’t enough. Community engagement, education, and support for grassroots organisations are essential for changing deeply held cultural beliefs and practices.

    Previous research has shown that information campaigns and community-led initiatives can be effective. For instance, studies have documented reductions in FGM/C rates following increased social media reach in Egypt and the use of educational films showing different views on FGM/C.

    Most importantly, any solution must involve the communities where FGM/C is practised. Our research underscores that this isn’t just about changing traditions – it’s about saving lives. Every year of delay means tens of thousands more preventable deaths.

    Our findings suggest that ending FGM/C should be considered as urgent a priority as combating major infectious diseases. The lives of millions of girls and young women depend on it.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Female genital mutilation is a leading cause of death for girls where it’s practised – new study – https://theconversation.com/female-genital-mutilation-is-a-leading-cause-of-death-for-girls-where-its-practised-new-study-249171

    MIL OSI – Global Reports –

    February 6, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN engages with Jakarta-based media to disseminate regional priorities

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today hosted the first media engagement session for 2025, at the ASEAN Headquarters/ASEAN Secretariat. The session, which attended by some 20 Jakarta-based media, reiterated SG Dr. Kao’s strong commitment to actively cultivate and foster closer ties with the media community in support of ASEAN public diplomacy. The engagement session is particularly significant as ASEAN Leaders are expected to adopt the ASEAN Community Vision 2045 and the four Strategic Plans during Malaysia’s Chairmanship of ASEAN in 2025, which would serve as a roadmap to guide the regional integration agenda in the next 20 years. SG Dr. Kao also reinforced the importance of media engagement in disseminating information about these crucial initiatives and in fostering a deeper understanding of ASEAN’s goals and priorities among a wider public.

    The post Secretary-General of ASEAN engages with Jakarta-based media to disseminate regional priorities appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    February 6, 2025
  • MIL-OSI Economics: ASEAN, Pakistan Explore Avenues to Strengthen Cooperation

    Source: ASEAN

    The 8th Meeting of ASEAN-Pakistan Joint Sectoral Cooperation Committee (AP-JSCC), convened today at ASEAN Headquarters/ASEAN Secretariat in Jakarta to discussed progress of ASEAN-Pakistan cooperation under the ASEAN-Pakistan Sectoral Dialogue Partnership: Practical Cooperation Areas (PCA) (2024-2028) and explore possible areas for future collaboration between both sides.

    The 8th AP-JSCC Meeting was co-chaired by Deputy Secretary-General of ASEAN for Socio-Cultural Community, San Lwin, and Ambassador of the Islamic Republic of Pakistan to ASEAN, Ameer Khurram Rathore, and attended by Members of the Committee of Permanent Representatives to ASEAN and their respective delegations. Ambassador of the Democratic Republic of Timor-Leste to ASEAN, Natércia Coelho da Silva, attended as Observer.

    The post ASEAN, Pakistan Explore Avenues to Strengthen Cooperation appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    February 6, 2025
  • MIL-OSI Economics: RBI cancels the licence granted to The Cuddalore and Villupuram District Central Co-operative Bank’s Employees Cooperative Bank Ltd., Cuddalore, Tamil Nadu and allows it to function as non-banking institution

    Source: Reserve Bank of India

    Reserve Bank of India (RBI) is satisfied to notify The Cuddalore and Villupuram District Central Co-operative Bank’s Employees Cooperative Bank Ltd., Cuddalore – 607001, Tamil Nadu as a non-banking institution under Section 36A(2) read with Section 56 of the Banking Regulation Act, 1949. Consequently, RBI has cancelled the licence dated March 21, 2000, granted to The Cuddalore and Villupuram District Central Co-operative Bank’s Employees Cooperative Bank Ltd., Cuddalore – 607001, Tamil Nadu to carry on banking business in India under Section 22 read with Section 56 of the Banking Regulation Act,1949, with effect from the close of business on February 6, 2025. This makes it obligatory on the part of The Cuddalore and Villupuram District Central Co-operative Bank’s Employees Cooperative Bank Ltd., Cuddalore – 607001, Tamil Nadu to stop conducting the business of ‘banking’ within the meaning of section 5(b) read with Section 56 of the Act ibid, including acceptance of deposits from non-members with immediate effect. Further, The Cuddalore and Villupuram District Central Co-operative Bank’s Employees Cooperative Bank Ltd., Cuddalore – 607001, Tamil Nadu shall ensure to repay unpaid and unclaimed deposits of non-members held by it, whenever demanded, even after being notified as a non-banking institution.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2087

    MIL OSI Economics –

    February 6, 2025
  • MIL-OSI China: Main Media Center of 2025 Asian Winter Games

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

    Main Media Center of 2025 Asian Winter Games

    Updated: February 6, 2025 09:57 Xinhua
    Customers select souvenirs at an official merchandise store in the main press center in the Main Media Center (MMC) of the 2025 Asian Winter Games in Harbin, northeast China’s Heilongjiang Province, Feb. 5, 2025. [Photo/Xinhua]
    Volunteers pass an installation for the 2025 Asian Winter Games at the main press center in the Main Media Center (MMC) in Harbin, northeast China’s Heilongjiang Province, Feb. 5, 2025. [Photo/Xinhua]
    A volunteer passes a decoration for the 2025 Asian Winter Games at the main press center in the Main Media Center (MMC) in Harbin, northeast China’s Heilongjiang Province, Feb. 5, 2025. [Photo/Xinhua]
    Media persons work at the main press center in the Main Media Center (MMC) of the 2025 Asian Winter Games in Harbin, northeast China’s Heilongjiang Province, Feb. 5, 2025. [Photo/Xinhua]
    Volunteers pass an installation for the 2025 Asian Winter Games at the main press center in the Main Media Center (MMC) in Harbin, northeast China’s Heilongjiang Province, Feb. 5, 2025. [Photo/Xinhua]
    Volunteers work at a help desk in the main press center in the Main Media Center (MMC) of the 2025 Asian Winter Games in Harbin, northeast China’s Heilongjiang Province, Feb. 5, 2025. [Photo/Xinhua]
    The main press center in the Main Media Center (MMC) of the 2025 Asian Winter Games is seen in Harbin, northeast China’s Heilongjiang Province, Feb. 5, 2025. [Photo/Xinhua]

    MIL OSI China News –

    February 6, 2025
  • MIL-OSI: Teniz Capital to Lead Second Phase of Black Sea Trade and Development Bank Bond Placement on the Astana International Exchange

    Source: GlobeNewswire (MIL-OSI)

    Almaty, Kazakhstan, 6 February 2025 – Teniz Capital Investment Banking, a leading investment bank in Central Asia and the Middle East, will lead the second phase of bond placement for multilateral financial institution Black Sea Trade and Development Bank (BSTDB) on the Astana International Exchange (AIX).

    This follows a first tranche of 100 million USD, completed in 2024, in which Teniz Capital facilitated the transaction. 

    The second tranche will be directed to supporting BSTDB’s funding capacity and enhance investor participation in Central Asian markets.
     
    “Our objective is to open financial opportunities in the Caspian and Central Asia to Western investors. This second placement, which we expect will be closed quite soon, is a clear indicator of market interest in the region, and in its future economic growth,” the management committee of the entity said. 
     
    Founded in 1999, the BSTDB is an international financial institution based in Thessaloniki, Greece. The institution was created to accelerate regional development through financial instruments such as bond issuances. It has 11 member states, including Greece, Russia, Turkey, and Ukraine.
     
    Teniz Capital employs 50 professionals, with its main headquarters in Almaty and additional offices in Astana’s International Finance Centre and Abu Dhabi.
     
    In 2023, Teniz Capital completed 13 bond transactions across in AIX as well the Kazakhstan Stock Exchange. These transactions included JSC AIFN Retam, Capitalleasing Group Ltd., Jet Group Ltd., Kisamos Shipping DMCC, several placements of Kazakhstan’s sovereign bonds, and underwriting complex, high-value transactions.
     
    Last year, on 29 August, the company announced the expansion of its operations with the launch of a sister company, Teniz Capital Brokerage Ltd.

    For further information, members of the media can contact teniz@definition.city

    This press release contains statements regarding the future of the company and its innovations. Statements regarding the future may be accompanied by words such as “anticipate”, “believe”, “estimate”, “will”, “anticipate”, “pretend”, “power”, “plan”, “potential”, the use of future time and other terms of similar meaning. No undue reliance should be placed on these claims. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including uncertainty of the company’s commercial success, ability to protect our intellectual property rights, and other risks. These statements are based on current beliefs and forecasts and refer only to the date of this press release. The company assumes no obligation to publicly update its forward-looking statements, regardless of whether new information, future events or any other circumstance arise.

    The MIL Network –

    February 6, 2025
  • MIL-OSI Africa: XTransfer and Ecobank Group Partner to Empower African Small and Medium-sized Enterprises’ (SMEs) Foreign Trade

    Source: Africa Press Organisation – English (2) – Report:

    XTransfer and Ecobank Group Partner to Empower African Small and Medium-sized Enterprises’ (SMEs) Foreign Trade XTransfer will leverage Ecobank’s extensive network across Africa, enabling its Chinese clients to collect funds in local African currencies while assisting African SMEs in making payments in their local currencies to negate foreign exchange issues LOMÉ, Togo, February 6, 2025/APO Group/ — XTransfer, the world-leading and China’s No.1 B2B Cross-Border Trade Payment Platform, and Ecobank Group (www.Ecobank.com), the leading private pan-African financial services group with unrivalled African expertise, have signed a landmark Memorandum of Understanding of Cooperation (MOU) to roll out comprehensive cross-border financial services to Africa’s small and medium-sized enterprises (SMEs) engaged in foreign trade. The collaboration will facilitate trade between China and African countries. In recent years, China and Africa have continued to deepen trade cooperation, with the scale of imports and exports rising rapidly. In 2023, bilateral trade reached a record US$282 billion. From January to November 2024, China’s exports to Africa totalled US$160 billion, a 1.4% increase from the previous year, while imports from Africa reached US$107 billion, marking a substantial rise of 6.6%. Despite this growth, African SMEs engaged in foreign trade face numerous challenges related to cross-border payments and fund collections. These challenges include difficulties in opening accounts with traditional banks, a high risk of funds being frozen, difficulties in foreign exchange and related losses, lengthy remittance times and high remittance costs. The partnership between XTransfer and Ecobank Group will foster collaboration between both parties to provide comprehensive cross-border payment solutions for African SMEs’ foreign trade. XTransfer will leverage Ecobank’s extensive network across Africa, enabling its Chinese clients to collect funds in local African currencies while assisting African SMEs in making payments in their local currencies to negate foreign exchange issues. Bill Deng, Founder and CEO of XTransfer, stated, “We are excited about the partnership with Ecobank. This collaboration represents a significant milestone for XTransfer and greatly enhances our global payment capabilities. Leveraging Ecobank’s extensive payment network in Africa will accelerate our business expansion in the region. We are looking forward to the synergies and opportunities this partnership will create. Together, we will drive innovation and improve the financial landscape, making financial services more efficient and accessible for African SMEs.” Jeremy Awori, CEO Ecobank Group, said, “We are proud to partner with XTransfer to advance seamless cross-border payment solutions between Africa and China. This partnership builds on our established strategy, which includes a representative office in China and a dedicated China desk. By integrating XTransfer’s cutting-edge solutions with our pan-African payment platform, we simplify payments, reduce transaction costs, and enable African businesses to thrive in global trade.” The partnership will facilitate trade between SMEs in China and African countries and also streamline foreign trade transactions between African companies and their global partners. Ultimately, this will help reduce the costs of global trade and enhance the global competitiveness of African SMEs. This partnership aligns with Ecobank’s goals of driving financial integration by facilitating seamless cross-border trade, which is the backbone of the continent’s economy growth. By collaborating with XTransfer, Ecobank is strengthening its position as a key player in the global payments industry by reducing trade barriers, enabling African SMEs to thrive in international markets and contribute to the continent’s sustainable development. Distributed by APO Group on behalf of Ecobank Transnational Incorporated. Media Contact: XTransfer Limited Maggie NG Public Relations Director Tel: +852 6287 2989 Email: maggie.ng@xtransfer.com     Ecobank Transnational Incorporated Christiane Bossom Group Communications Ecobank Transnational Incorporated Email: groupcorporatecomms@ecobank.com Tel: +228 22 21 03 03 Web: www.Ecobank.com About XTransfer: XTransfer, the world-leading and China’s No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the United States, Canada, and Australia. With more than 600,000 enterprise clients, XTransfer has become the industry No.1 in China. By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and built a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations. XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The Company possesses a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners. For more information, please visit: https://www.XTransfer.com/ About Ecobank: Ecobank Group is the leading private pan-African banking group with unrivalled African expertise. Present in 35 sub-Saharan African countries, as well as France, the UK, UAE and China, its unique pan-African platform provides a single gateway for payments, cash management, trade and investment. The Group employs over 14,000 people and offers Consumer, Commercial, Corporate and Investment Banking products, services and solutions across multiple channels, including digital, to over 32 million customers. For further information, please visit www.Ecobank.com

    Text copied to clipboard.

    MIL OSI Africa –

    February 6, 2025
  • MIL-OSI China: Beijing sees surge in intl travelers during Spring Festival

    Source: China State Council Information Office 2

    Beijing experienced a significant influx of international visitors during the Spring Festival holiday, with 450,000 tourists making cross-border trips, up 24.4% from last year, according to the Beijing General Station of Exit and Entry Frontier Inspection.
    The surge began before the holiday, with daily traffic exceeding 70,000 on both Jan. 25 and 26, setting new records.
    During the period from Jan. 24 to Feb. 4, more than 288,000 Chinese travelers made outbound trips, averaging 24,000 daily, a 26.3% increase from 2024.
    Foreign visitors made 98,000 cross-border trips during the same period, up 45.2% from last year. About 16,000 overseas visitors entered China visa-free, accounting for 36.4% of foreign arrivals. The 240-hour visa-free policy has encouraged more international visitors to visit China to experience Spring Festival celebrations.
    Beijing immigration officials used flight forecasting systems to manage border crossings during the holiday rush. The technology helped officials redirect staff and open additional checkpoints during peak periods. They also established a special area with seating for travelers applying for 240-hour temporary entry permits.
    The Spring Festival travel surge coincided with the 2025 Harbin Asian Winter Games. To facilitate the passage of event-related personnel and equipment, officials set up dedicated channels to expedite processing for Games-related personnel and equipment.

    MIL OSI China News –

    February 6, 2025
  • MIL-OSI United Kingdom: New UK High Commissioner to Solomon Islands presents credentials

    Source: United Kingdom – Executive Government & Departments

    Paul Turner was appointed British High Commissioner to Solomon Islands and Nauru in July 2024.

    High Commissioner Paul Turner presenting his credentials to Prime Minister of Solomon Islands Jeremiah Manele.

    His Majesty’s new High Commissioner to Solomon Islands and non-resident High Commissioner to the Republic of Nauru, His Excellency Paul Robert Turner presented his credentials this week to the Prime Minister of Solomon Islands, Hon. Jeremiah Manele.

    Paul Turner was appointed British High Commissioner to Solomon Islands and Nauru in July 2024. Paul’s experience covers the UK Government and international organisations, including the World Bank, African Development Bank and the European Union.

    With the UK Department for International Development (DFID), Paul oversaw economic and trade portfolios in East and Southern Africa as well as in China. More recently, he worked for the World Bank in Uganda. 

    Paul has also led development teams in a range of fragile states including Afghanistan and the Western Balkans. Earlier in his career, he was private secretary to Ministers in DFID and the Home Office. 

    Acknowledging the bilateral relations between the two countries, Prime Minister Manele said UK is one of the first countries to forge ties with Solomon Islands since 1978. He also provided an overview of his government’s priorities including education, health, climate change and trade.

    In response, High Commissioner Paul Turner said that his mission was to expand bilateral relations between the two countries and be a key partner of the Government of Solomon Islands in addressing the impact of climate change.

    The High Commissioner said he was keen to explore opportunities in a number of economic sectors, especially the local cocoa industry and affirmed that one of his personal goals is to produce tangible outcomes in the sector during his time in office.

    The High Commissioner is the UK Government’s representative in a Commonwealth nation. They are responsible for the direction and work of the High Commission and its Deputy High Commissions and/or Consulates, including political work, trade and investment, press and cultural relations, and visa and consular services.

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    Published 6 February 2025

    MIL OSI United Kingdom –

    February 6, 2025
  • MIL-OSI Economics: Underwriting Auction for sale of Government Securities for ₹22,000 crore on February 07, 2025

    Source: Reserve Bank of India

    Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on February 07, 2025 (Friday).

    As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under:

    (₹ crore)
    Security Notified Amount MUC amount per PD Minimum bidding commitment per PD under ACU auction
    6.92% GS 2039 12,000 286 286
    7.09% GS 2054 10,000 239 239

    The underwriting auction will be conducted through multiple price-based method on February 07, 2025 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 10:30 A.M. and 11:00 A.M. on the day of underwriting auction.

    The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2085

    MIL OSI Economics –

    February 6, 2025
  • MIL-OSI Economics: Result of the Daily Variable Rate Repo (VRR) auction held on February 06, 2025

    Source: Reserve Bank of India

    Tenor 1-day
    Notified Amount (in ₹ crore) 25,000
    Total amount of bids received (in ₹ crore) 21,674
    Amount allotted (in ₹ crore) 21,674
    Cut off Rate (%) 6.51
    Weighted Average Rate (%) 6.52
    Partial Allotment Percentage of bids received at cut off rate (%) NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2084

    MIL OSI Economics –

    February 6, 2025
  • MIL-OSI Asia-Pac: Policy on mediation implemented

    Source: Hong Kong Information Services

    A policy incorporating mediation clauses in government contracts came into effect today.

    The Department of Justice (DoJ) explained that the clauses outline that contract parties agree to use mediation to resolve disputes first before resorting to arbitration or litigation.

    In addition, the DoJ today promulgated “The Government of the Hong Kong Special Administrative Region Mediation Rules (2025 Edition)”. It stressed that these shall not affect the operation of “The Government of the Hong Kong Special Administrative Region Construction Mediation Rules (1999 Edition)”.

    The implementation of mediation clauses follows the issuance of a Policy Statement on the Incorporation of Mediation Clauses in Government Contracts on November 6 last year.

    The DoJ said it anticipates that private organisations will make reference to and adopt similar mediation clauses in their own contracts, thereby deepening a “mediate first” culture.

    MIL OSI Asia Pacific News –

    February 6, 2025
  • MIL-OSI USA: Senators Coons, Lankford, Kaine, and Tillis reintroduce bipartisan resolution supporting international religious freedom

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons

    WASHINGTON – U.S. Senators Chris Coons (D-Del.) and James Lankford (R-Okla.) introduced a bipartisan resolution to express support for international religious freedom as a fundamental right and a cornerstone of U.S. foreign policy amid concern over increased attacks on religious freedom worldwide. This effort is cosponsored by Senators Tim Kaine (D-Va.) and Thom Tillis (R-N.C.). This bill was previously introduced in the 118th Congress.

    In just the past two years, there have been thousands of incidents where religious freedom was violated around the world, including violence against Rohingya Muslims in Burma, attacks on Uyghurs in China, and persecution of clergy by Russians in Ukraine, according to the U.S. Commission on International Religious Freedom (USCIRF). In 2023, USCIRF identified more than 2,200 individuals—Christians, Jews, Muslims, Buddhists, Hindus, and Sikhs alike—targeted by 27 different countries and entities for their religious beliefs. As of 2024, there are 96 countries with legislation criminalizing blasphemy used to enforce arbitrary limitations on religious freedoms. 

    The resolution urges the State Department to expand its support for religious freedom around the world as threats and violence worsen. This effort would leverage all diplomatic and sanctions tools available to hold violators of religious freedom accountable and would encourage the State Department to promote religious freedom as a central tenet of U.S. foreign policy implementation.

    “As Co-Chair of the Senate Human Rights Caucus, I have fiercely defended the religious freedom of all Americans, but our work can’t stop at home,” said Senator Coons. “Whether you’re a member of a religious minority or a non-believer, far too many people around the world are unfairly targeted and even persecuted for their beliefs and practices. I’m proud to once again lead this bipartisan effort to highlight the importance of promoting religious freedom for our nation’s foreign policy and standing.”

    “The fundamental right of every person to have a faith, live your faith, change your faith, or have no faith at all must be recognized throughout the world. Countries like China, Russia, and Iran continue to target and persecute citizens for living this most basic freedom. The United States must continue its international leadership to defend religious freedom, which is why we are reaffirming our commitment to fight for religious freedom around the world,” said Senator Lankford.

    “In 1786, the Virginia General Assembly passed a statute instituting religious freedom in the Commonwealth, establishing the basis of religious freedom for the whole of the United States. Today, individuals throughout the world who live in countries where religious freedom is threatened or non-existent see the U.S. as a beacon of hope that people of all beliefs can live in the same neighborhoods, attend the same schools, and work side by side,” said Senator Kaine. “Amid the horrifying rise in attacks on faith-based communities, I’m joining my colleagues in sending a clear message that we must work together to protect religious freedom in every corner of the globe.”

    “The United States must maintain our steadfast commitment to standing up for religious liberty,” said Senator Tillis. “This resolution expresses our unwavering support for victims of religious persecution and reaffirms our support for safeguarding religious freedom worldwide.”

    The full text of this resolution is available here.

    Senator Coons and Senator Tillis are Co-Chairs of the Senate Human Rights Caucus.

    MIL OSI USA News –

    February 6, 2025
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