Category: Asia

  • MIL-OSI Security: Forum reinforces US-Japan acquisition cooperation efforts

    Source: United States INDO PACIFIC COMMAND

     Defense Contract Management Agency International’s Pacific Command continues to reinforce the growing defense cooperation between Japan and the United States.

    Navy Cmdr. Thomas Miyano, DCMA Japan’s commander, recently participated in Japan’s Ministry of Defense Industry Day alongside the U.S. Air Force’s 374th Contract Squadron. The event, which focused on supply chain resilience, co-sustainment of military assets, and co-production of missile systems, served as a continuation of efforts initiated by the U.S.-Japan Defense Industrial Cooperation, Acquisition, and Sustainment, or DICAS, forum from earlier this year.

    Miyano discussed DCMA’s role in supporting the Japan Self-Defense Force and the U.S. Navy’s 7th Fleet with Japan’s Minister of Defense Minoru Kihara and Parliamentary Vice Minister of Defense Hiroshi Miyake.

    “This event provided an invaluable opportunity to showcase DCMA’s contributions to maintaining the readiness and resiliency of both U.S. and Japanese forces,” Miyano said. “The DCMA Pacific team is committed to providing value throughout the acquisition lifecycle, and it was an honor to convey that dedication to our Indo-Pacific partners.”

    Industry Day bolstered the ongoing agenda discussed during the 2+2 meeting, a key bilateral defense dialogue between Japan and the U.S. to promote greater defense cooperation. The event followed the launch of the DICAS Forum in June, spearheaded by U.S. Under Secretary of Defense for Acquisition and Sustainment Dr. William LaPlante and his Japanese counterpart, Masaki Fukasawa, commissioner of the Acquisition, Technology, and Logistics Agency.

    LaPlante and Fukasawa, who served as DICAS co-chairs, signed the Terms of Reference to restructure the former Systems and Technology Forum into the DICAS framework. The agreement, announced earlier this year, marked a commitment by both countries to advance co-development, co-production, and co-sustainment of defense systems, including missile systems and U.S. Navy and Air Force assets stationed in the Indo-Pacific.

    “When you’re talking about acquisition, there’s really three legs to the stool,” LaPlante said earlier this year. “One leg is acquisition, which is the contract. The second is the requirement, and this is about … getting what the department needs right for the warfighter, and the third is having money in the right year.”

    Defense officials and industry leaders from both nations explored how to strengthen joint capabilities and streamline cooperation between U.S. and Japanese defense contractors. Industry Day also provided an opportunity to discuss the progress of key initiatives under DICAS, such as co-production of missile systems and co-sustainment of U.S. military ships and aircraft. 

    “We discussed how our collaboration can further support the co-sustainment of forward-deployed U.S. Navy ships and how we can streamline the joint production of defense equipment,” Miyano said. “It’s clear that both nations are committed to working together to overcome challenges and strengthen the region’s security.”

    With the DICAS framework serving as a critical foundation for these collaborative efforts, both the U.S. and Japan are set to continue deepening their defense ties.

    “By enhancing co-sustainment and co-production efforts, our two nations are laying the groundwork for a more integrated and capable defense infrastructure, poised to meet the evolving challenges of this area,” Miyano said.

    MIL Security OSI

  • MIL-OSI Economics: Development Asia: How Cities Can Combat Extreme Heat Using Nature-Based Solutions

    Source: Asia Development Bank

    Despite their broad potential, nature-based solutions are often overlooked in city cooling strategies. Key barriers include a lack of supportive policies, financial constraints, and limited institutional capacity.

    Addressing these challenges requires a multi-pronged approach that maximizes NbS benefits and integrates them into broader heat action plans. This must involve reducing waste heat (e.g., from transport and buildings), addressing cooling needs efficiently, and ensuring equitable access to thermal comfort. Key considerations for incorporating NbS into urban cooling strategies include:

    • Integrated planning: A systems approach ensures NbS are complemented by other solutions to maximize their benefits.
    • Equity: Cooling solutions must be distributed fairly, with heat equity embedded in planning to prevent future injustices.
    • Community participation: Involve women and vulnerable groups in designing and implementing cooling programs that deliver real benefits.
    • Local solutions: NbS should be tailored to local climates, needs, and traditional approaches (e.g., architecture).

    Studies suggest that 30% of cities should be dedicated to green or blue spaces. Achieving this requires enabling strategies like raising awareness, building institutional capacity, and securing financing. It also involves assessing current natural assets and identifying vulnerable communities. Partnerships with the private sector can help provide technical expertise and funding. In developing countries, protecting existing green spaces from development is the most effective way to maintain cooling.

    Creating a cooling-friendly urban form requires time and sustained effort. In the near term, practical, no-regret actions to build resilience to heat stress through NbS include:

    • Establishing champions and authorities to protect and enhance green and blue spaces
    • Conducting baseline assessments of green and blue spaces and identifying vulnerable communities
    • Investing in green and blue infrastructure, especially in public areas

    Tree planting is perhaps the simplest and most effective action to reduce urban heat—provided the right trees are planted in the right places as part of a coordinated city-wide greening effort. Steps taken today will help future generations benefit from NbS for cooling.

    MIL OSI Economics

  • MIL-OSI Australia: Certification success brings new momentum for Filipino vegetable growers

    Source: Australian Centre for International Agricultural Research

    In the past 2 years, an ACIAR-supported value chain project in the Philippines has seen the country’s first smallholder vegetable farmers certified through the Philippines Good Agricultural Practices (PhilGAP) program.

    Although PhilGAP was first launched in 2006 by the Department of Agriculture, there have been few market or other incentives to drive uptake of certification. The program aims to ensure the safety and quality of agricultural products, environmental protection, and the health, safety and welfare of farm workers. 

    But with 43 vegetable growers now certified in the Eastern Visayas and Northern Mindanao regions, and more in progress, it has breathed new life into the PhilGAP program.

    The ACIAR-supported project driving this new momentum is a collaboration involving Applied Horticultural Research, Visayas State University (VSU), Landcare Foundation of the Philippines and the East West Seed Company Inc.

    The efforts of the VSU team in particular have been recognised, when they were awarded the prestigious Presidential Lingkod Bayan (Public Service) Award in September by the Philippines President Ferdinand Marcos Jr.

    Leader of the project Professor Gordon Rogers said the project’s primary focus was on demonstrating how smallholder farmers could complete the certification process and how they would benefit from a more consumer-focused approach to production.

    Professor Rogers said the research team developed a stepped process which has been the key to help farmers progress towards certification as they were able. There were 36 farms certified by the end of the project in June 2024, and more than 50 other farms had begun the process. By the end of August 2024, the number of certified farms had grown to 43. 

    ‘We divided the process into 4 steps. The first and second steps involve the sort of things that farmers can do easily and cheaply, and which actually have the greatest benefit in terms of improving the food quality and safety, and farm productivity,’ said Professor Rogers.

    Benefits for farmers undertaking certification have included reduced farm inputs, improved health with safer farming practices, improvements in the quality and safety of their produce and increased prices for certified produce.

    Mr Alvin Morales, one of the farmers who has received PhilGAP training, said, ‘The ACIAR project was really a big help to us and taught us many things. Before, we did not care so much about the proper way or methods of applying farm inputs, fertilisers, and pesticides, and how these impact people’s health and the environment. 

    ‘The PhilGAP program taught us to better understand our crops, the environment, the soil, and their inter-relationship. We were taught the more detailed and scientific-based approach to farming.

    Mr Alvin Morales
    PhilGAP program participant

    ‘It is high time that more farmers adopt good agricultural practices that will not harm the environment and produce healthier and safer food for people.

    Professor Rogers said the cost of certification ranged from about 30,000 to 300,000 pesos (A$800 to $8000). This depended largely on the materials used for construction of a storage shed and toilet required for certification. However, most farmers found the costs were recovered in less than 2 years, and in less than 6 months in some instances.

    The project helped farmers adopt a customer-focused approach and identify higher-value niche markets, including food service providers for the healthcare sector and modern food retailers. 

    ‘We also did consumer studies as part of our research and found that when consumers know GAP-certified produce is guaranteed safe to eat, they’re willing to pay a premium,’ added Professor Rogers.

    Professor Zenaida Gonzaga at VSU, was the Philippine project leader, coordinating much of the field research and training for farmers related to the project, as well as PhilGAP training more broadly.

    She said 221 farmers received PhilGAP training, and more than 350 farm extension workers have been trained to promote GAP practices. These extension officers would be key to continuing the moment the ACIAR-supported project has generated into the future.

    Professor Gonzaga highlighted Baybay City Government in Leyte province as being particularly proactive in supporting the project, providing funding for the purchase of materials needed for chemical sheds. It was also the first local government body to pass an ordinance requiring its agricultural extension officers to promote the program with growers.

    ‘Implementation of PhilGAP requires intervention like this at a policy level. Little by little we have increased the number of farms being certified and the support from local government. 

    ‘We now have support to promote certified produce through Baybayania Agriventures, which is a federation of farmers supported by Baybay’s government.’

    Professor Zenaida Gonzaga and Maricel Adelantar inspect new onion varieties at Visayas State University, which the project team identified as a new crop for the region under the PhilGAP program. Photo: ACIAR

    At a higher level, the Regional Development Council for Eastern Visayas – Region VIII – has now also passed a resolution requiring all 6 provinces within the region to implement the PhilGAP program as part of their research extension services.

    GAP practices are also gaining momentum at ground level, with farmers who have received training keen to share what they have learned with others. This includes pest identification and safe work practices on farm, through to the transport and marketing of produce. 

    ‘We’ve found that the project, and the PhilGAP training, have elevated technical farming practices,’ said Professor Gonzaga. ‘It has also significantly reshaped the values and attitudes of farmers who are stepping up to share their knowledge around working safely and producing better quality, safer produce.’ 

    ACIAR Project: ‘Developing vegetable value chains to meet evolving market expectations in the Philippines’  (HORT/2016/188)

    MIL OSI News

  • MIL-OSI Asia-Pac: SFST’s speech at Green Tech Summit 2024 (English only) (with photo)

    Source: Hong Kong Government special administrative region

    SFST’s speech at Green Tech Summit 2024 (English only) (with photo)
    SFST’s speech at Green Tech Summit 2024 (English only) (with photo)
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         Following is the speech by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, at the Green Tech Summit 2024 today (October 30): Dr Hua Jindong (Vice-chairperson of the International Sustainability Standards Board), distinguished guests, ladies and gentlemen,      It is a profound honour to join you at the Green Tech Summit 2024. I extend my sincere gratitude to the Hong Kong University of Science and Technology and GoImpact for hosting this important event. Today, we gather to explore how green finance, technology, and innovation converge to create a sustainable future. A call to action for our planet      Our planet is currently facing unprecedented challenges due to climate change. These challenges encompass environmental, economic, and social dimensions, demanding our immediate attention. The statistics deserve attention: Global climate finance flows reached approximately US$1.3 trillion in 2021 and 2022. However, to meet our climate goals, we must significantly increase annual investments to around US$9 trillion by 2030 and US$10 trillion by 2050. This gap signals an immense demand for green finance and innovation – one that we must address with urgency and creativity.      At this Summit, we aim to showcase Hong Kong’s leadership in the green transition through five key strategies, and they altogether will significantly promote green transformation: the growth of green capital, recognition of sustainability standards, empowerment in carbon trading, encouragement of green financing, and nurturing green technology. Each of these strategies plays a critical role in shaping a sustainable future for our city and beyond. Growth of green capital      Hong Kong is uniquely positioned to lead the green transition. As Asia’s premier international financial centre, we have the infrastructure, expertise, and regulatory framework to channel international capital toward sustainable initiatives. As of June, over 230 ESG (environmental, social and governance) funds have been authorised by the Securities and Futures Commission, with assets under management exceeding HK$1.3 trillion. This represents a year-on-year increase of 19 per cent in the number of ESG funds and an 8 per cent increase in assets under management.      The Hong Kong SAR Government has been proactive in issuing government green bonds totalling HK$220 billion since 2019. These bonds have funded numerous local green projects and set benchmarks for potential issuers. In 2023 alone, the total green and sustainable debt issued in Hong Kong surpassed US$50 billion, with approximately US$30 billion being green and sustainable bonds – 37 per cent of the total market. This year, we expanded our Government Green Bond Programme to include sustainable projects and hence the programme is, renamed Government Sustainable Bond Programme, reinforcing our commitment to a greener future. Recognition of sustainability standards      Sustainability reporting is vital to our green finance ecosystem. In March, we published a vision statement outlining our approach to developing a comprehensive ecosystem for sustainability disclosure in Hong Kong. In the Chief Executive’s Policy Address, it was announced that our roadmap for adopting the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) will be published within this year. Our aim is to position Hong Kong among the first jurisdictions to adopt the global standard, enhancing our credibility as a green finance hub.      To support our green transition, the Hong Kong Monetary Authority (HKMA) published the Hong Kong Taxonomy for Sustainable Finance in May. This taxonomy raises awareness about green finance and promotes a common understanding of green activities. It aligns with the taxonomies of the Mainland and the European Union, currently encompassing 12 economic activities across four sectors. The HKMA is advancing to the next phase of developing the Hong Kong Taxonomy, which will broaden its scope to include more sectors and activities crucial for our sustainable future. Empowerment in carbon trading      We advocate for innovative approaches to enable decarbonisation and allocate green funding. A noteworthy initiative is the Core Climate platform, launched by the Hong Kong Exchanges and Clearing Limited in October 2022. This international carbon marketplace facilitates effective and transparent trading of carbon credits and supports transition towards net zero.      Core Climate is currently the only carbon marketplace that offers settlement in both Hong Kong dollar and Renminbi for international voluntary carbon credits. This platform enables participants to source, hold, trade, and retire voluntary carbon credits, ensuring robust and credible quality verified against international standards. Since its launch, the number of registered participants has tripled, reaching approximately 80 by the end of last year. Encouragement to green financing      To encourage even more green financing activities, we launched the Green and Sustainable Finance Grant Scheme back in 2021. This initiative provides funding support for eligible bond issuers and loan borrowers, covering expenses related to bond issuance and external review services. We have extended this scheme by three years, running until 2027, and expanded its scope to include transition bonds and loans.      As of early October, we have granted approximately HK$280 million to support 470 green and sustainable debt instruments issued in Hong Kong, involving a total underlying debt issuance of over HK$1 trillion. This financial backing is crucial in incentivising industries to utilise Hong Kong’s transition financing platform for decarbonisation. Nurturing green technology      A key focus of our green transition is our commitment to promoting green fintech. Integrating fintech with green finance is essential for accelerating our transformation. We are actively working to expand the green fintech ecosystem in Hong Kong, positioning our city as a green fintech hub.      In June, we launched the Green and Sustainable Fintech Proof-of-Concept Funding Support Scheme. This initiative provides early-stage funding to technology companies and research institutes engaged in green fintech activities. Collaborating with local enterprises allows these innovators to co-develop projects that address challenges for the industry.      This scheme is not solely about financial support. It facilitates the completion of commercialisation and the proof-of-concept stages, paving the way for wider adoption of green and sustainable fintech solutions. Innovative fintech solutions will enhance our ability to mobilise capital for green projects and increase transparency in fund flows.      Against the backdrop of digitisation and global warming, fintech plays a crucial role in driving innovation in the financial industry and catalysing the low-carbon transformation of economic activities. The application of new technology can also help mitigate climate risk by forecasting environmental changes, improving supply chain efficiency, and identifying opportunities for innovation in low-carbon solutions.      This year, we launched the Prototype Hong Kong Green Fintech Map. Developed with various stakeholders, this tool provides a comprehensive overview of green fintech companies in Hong Kong and the services they offer. This map symbolises the integration of green finance and fintech, fostering the development of a robust green fintech ecosystem and accelerating the transition toward a green economy.      Finally, I want to emphasise the importance of nurturing talent for sustainable development. The future of green finance relies on the skills and knowledge of our workforce. To support the development of a green finance talent pool, we launched a three-year Pilot Green and Sustainable Finance Capacity Building Support Scheme. This initiative encourages practitioners, professionals, and students to participate in relevant training programmes.      As of mid-September, we have approved over 4 100 reimbursement applications, amounting to approximately HK$23.3 million. This investment in human capital is essential for equipping our workforce with the skills needed to navigate and thrive in the evolving landscape of green finance. Closing remarks      In conclusion, the path to a sustainable future is not just a challenge; it is an opportunity for innovation and growth. Green fintech will play a pivotal role in this transition, enabling us to mobilise capital, enhance transparency, and support the development of sustainable solutions.      As we approach COP29 (29th Conference of the Parties to the United Nations Framework Convention on Climate Change) next month, let us intensify our efforts to forge a new chapter in sustainability. By collaborating across sectors and embracing innovative solutions, we can pave the way for impactful changes that resonate with green finance and technology. Together, we can turn our commitments into actionable strategies, ensuring a resilient and sustainable world for generations to come.      Thank you for your attention, and I look forward to seeing you in the next Summit here. 

     
    Ends/Wednesday, October 30, 2024Issued at HKT 11:29

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ21: Illegal carriage of passengers for reward by van-type light goods vehicles and cross-boundary private cars

    Source: Hong Kong Government special administrative region

    LCQ21: Illegal carriage of passengers for reward by van-type light goods vehicles and cross-boundary private cars
    LCQ21: Illegal carriage of passengers for reward by van-type light goods vehicles and cross-boundary private cars
    ******************************************************************************************

         ​Following is a question by the Hon Andrew Lam and a written reply by the Secretary for Transport and Logistics, Mr Lam Sai-hung, in the Legislative Council today (October 30): Question:      The Government released in July this year the preliminary findings on the study on combating illegal carriage of passengers for hire or reward and regulation of online hire car hailing platforms. In this connection, will the Government inform this Council: (1) whether the aforesaid study has covered any study on the operation mode of illegal carriage of passengers for reward by van-type light goods vehicles (vans) and cross-boundary private cars (PCs); if so, of the preliminary findings, and whether any conclusion has been drawn on the factors affecting the regulation of online hailed cars; if not, the reasons for not including such study; (2) of the number of prosecutions and convictions involving illegal carriage of passengers for reward by vans in the past three years, and the penalty imposed in each of the convicted cases; (3) of the number of prosecutions and convictions involving illegal carriage of passengers for reward by cross-boundary PCs in the past three years, and the penalty imposed in each of the convicted cases; whether any unlawful employment was involved in such cases; if so, of the number; and (4) of the number of cross-boundary PCs in Hong Kong that may legally carry passengers for hire or reward; whether there are any measures to combat illegal carriage of passengers for reward by cross-boundary PCs? Reply: President,      Having consulted the Transport Department (TD), the Hong Kong Police Force (HKPF) and the Immigration Department, our reply to various parts of the question raised by the Hon Andrew Lam is as follows: (1) The Government strives to enhance personalised point-to-point transport services. As reported to the Panel on Transport of the Legislative Council in July this year, the Government is proactively conducting a study with a view to formulating legislative proposals on the regulation of online hailed car platforms and improving the legislation to combat illegal carriage of passengers for hire or reward. The TD is studying and examining the overall demand and supply of local personalised point-to-point transport services, including conducting surveys on passenger demand and changes (which cover various types of online hailed cars); as well as considering relevant information including the current operation modes and regulatory arrangement in respect of the provision of personalised point-to-point transport services in Hong Kong and other places. After taking into account findings of the study in a holistic manner and listening to the views of stakeholders, the Government will formulate legislative proposals on the regulation of the types and number of vehicle for providing compliant services through online hailed car platforms, as well as the licensing requirements for the vehicles and drivers, etc. in 2025. (2) and (3) The numbers of convicted cases involving illegal carriage of passengers for hire or reward by light goods vehicles and cross-boundary private cars in the past three years (from mid-2021 to mid-2024) were 23 and four respectively. Subject to the circumstances of individual cases, the penalties imposed by the courts included fines and disqualifying the drivers involved from driving temporarily, as well as suspension of vehicle licences and impoundment of vehicles involved following the statutory periods specified under the law. The Government does not maintain other information requested in the question. (4) As at September 2024, there were 524 cross-boundary hire cars holding regular quotas for cross-boundary hire cars, closed road permits (CRP) and private service (limousine) (cross-boundary service) hire car permits.      The HKPF will continue to combat the offences of illegal carriage of passengers for hire or reward by cross-boundary private cars. Upon the public’s provision of information to report illegal activities , the HKPF will follow up and investigate in a serious manner, and take enforcement actions against relevant activities if there is sufficient evidence. To enhance the deterrent effect, the Government increased the penalties for illegal carriage of passengers for hire or reward by motor vehicles in December 2023. These include increasing the maximum fine and term of imprisonment, as well as lengthening the period of suspension of vehicle licences and impoundment of vehicles. On the other hand, for cases of illegal carriage of passengers for hire or reward by cross-boundary private cars, the TD will revoke the CRP of the subject vehicle on the ground of breaching CRP conditions. Moreover, the TD has strengthened its publicity efforts since the second quarter of this year through displaying posters and notices at various land boundary control points and the airport, as well as sending e-mails and distributing leaflets, etc, to remind CRP holders and relevant operators not to engage in illegal carriage of passengers for hire or reward, and remind them of the consequences and penalties of engaging in such illegal activities.

     
    Ends/Wednesday, October 30, 2024Issued at HKT 11:30

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    MIL OSI Asia Pacific News

  • MIL-OSI Security: 148th Fighter Wing Completes PACAF Deployment

    Source: United States INDO PACIFIC COMMAND

    Members and F-16 Fighting Falcons assigned to the 148th Fighter Wing, Minnesota Air National Guard deployed to the 18th Wing at Kadena Air Base, Okinawa, Japan from July to October 2024. While deployed, the Minnesota Air National Guard members were known as the 179th Expeditionary Fighter Squadron.

    “The 148th Fighter Wing provided a dynamic force employment package to the 18th Wing to provide combat air power adding an additional deterrence factor to the area of operations,” said 179th Expeditionary Fighter Squadron Commander, Lt. Col. Matt Zimniewicz.

    Having the 148th and other rotationally deployed fighters from across the globe highlights the importance of our strategic location in the Indo-Pacific. Not only does it provide a valuable opportunity for fourth and fifth generation fighters to integrate and train, but their presence also serves as a powerful deterrent to potential adversaries in the region, said Col. David Deptula, 18th Operations Group, Kadena Air Base, Japan.

    During their time at Kadena Air Base, Airmen integrated themselves working alongside their 18th Wing counterparts, performing all the same job-specific skills as they would at home station, along with experiencing some unique aspects while deployed.

    “The deployment tempo is a little different than at home station. The crews worked two shifts: to support fighter presence in the Pacific, ensure the pilots continue their training, provide ready aircraft and pilots for Alert, respond to higher headquarters taskings as needed, and participate in large-scale flying exercises,” said Zimniewicz.

    In addition to integrating with the 18th Wing, 179th Expeditionary Fighter Squadron flew with other deployed units; the 199th Fighter Squadron attached to the 154th Wing, Hawaii Air National Guard and the 27th Fighter Generation Squadron out of Langley Air Force Base, Va., integrating as wingmen and flying alongside the F-22 Raptor to enhance interoperability between platforms and units.

    “We are a combined force, so you get different experiences flying with the F-22 Raptor and local F-15 Eagles from the 18th Wing,” Zimniewicz said.

    1st Lieutenant Keegan Flaherty, a 148th aircraft maintenance officer explained, “most of our members operated under the structure of the 179th Fighter Generation Squadron. This incorporated specialists like crew chiefs, weapons, avionics, electric and environmental, tool crib, and supply to ensure day-to-day flying and maintenance operations run safe, smooth, and efficient.”

    During this deployment there were maintenance organization from the 148th that integrated with their 18th Wing counterparts. “The 148th Aerospace Ground Equipment (AGE) crew delivered equipment to the flightline in a timely manner, as well as lending a hand to their 18th Wing active-duty counterparts fixing mission-critical equipment,” Flaherty said. “Our munitions systems specialists were integrated with the 18th Munitions Squadron providing support delivering chaff or flare, missiles, 20MM rounds, and training bombs and munitions.”

    There is a lot about balance and having really good communication to remain mission ready, said Flaherty.

    “The people and the F-16s of the Minnesota Air National Guard provide added readiness and deterrence capabilities to the region,” said Flaherty. “Operating out of the strategic hub of Kadena Air Base, we are proud to play a role in the many missions being conducted out of the aptly named “Keystone of the Pacific.”

    Halfway through the three-month deployment, a smaller subset of 148th personnel and aircraft participated alongside 28 nations during India’s largest multinational exercise, Tarang Shakti 2024. “Tarang Shakti is an opportunity to combine cultures and perspectives while building security and interoperability, with our participating and observing partners. The spirit of collaboration and embracing diversity is key to not only better executing flying maneuvers, but also to broaden people’s minds,” said Indian Air Marshal AP Singh, Indian Air Force Air Staff vice chief.

    For 179th Expeditionary Fighter Squadron pilots like Maj. Christopher Zeigler, the training, partnership, cultural events and problem solving provided by Tarang Shakti-24, enhanced operations for multinational partners supporting a common resolve to sustain and a free and open Indo-Pacific.

    “We worked with a lot of different nations here,” said Zeigler. “The exercise was a great opportunity for us to run large force exercise events with the Indian Air Force. We enjoyed working with everyone and building relationships. We don’t get to do this very often with other countries, so I think it was a really beneficial experience for our unit. Building these partnerships and flying with different airframes like this, it puts us in a better position to support shared missions throughout the Indo-Pacific.”

    While at Kadena, the 148th, in coordination with allies and partners, projected decisive airpower to assist in ensuring regional stability.

    “Having the 148th and other rotationally deployed fighters from across the globe highlights the importance of our strategic location in the Indo-Pacific. Not only does it provide a valuable opportunity for fourth and fifth generation fighters to integrate and train, but their presence also serves as a powerful deterrent to potential adversaries in the region.” Said Col. David Deptula, Commander of the 18th Operations Groups.

    MIL Security OSI

  • MIL-OSI Economics: Money Market Operations as on October 29, 2024

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 5,38,684.91 6.28 5.00-6.70
         I. Call Money 9,985.73 6.44 5.10-6.50
         II. Triparty Repo 3,89,946.80 6.26 6.16-6.40
         III. Market Repo 1,37,976.88 6.33 5.00-6.60
         IV. Repo in Corporate Bond 775.50 6.52 6.50-6.70
    B. Term Segment      
         I. Notice Money** 135.35 6.39 6.20-6.50
         II. Term Money@@ 651.50 6.65-6.95
         III. Triparty Repo 2,785.00 6.42 6.30-6.45
         IV. Market Repo 3,811.36 6.49 6.35-6.69
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Tue, 29/10/2024 1 Wed, 30/10/2024 4,514.00 6.75
    4. SDFΔ# Tue, 29/10/2024 1 Wed, 30/10/2024 1,21,659.00 6.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -1,17,145.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo Fri, 18/10/2024 13 Thu, 31/10/2024 20,073.00 6.49
      (II) Fine Tuning Operations          
         (a) Repo Fri, 25/10/2024 6 Thu, 31/10/2024 25,005.00 6.55
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    5. On Tap Targeted Long Term Repo Operations Mon, 15/11/2021 1095 Thu, 14/11/2024 250.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 2,275.00 4.00
    6. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£ Mon, 15/11/2021 1095 Thu, 14/11/2024 105.00 4.00
    Mon, 22/11/2021 1095 Thu, 21/11/2024 100.00 4.00
    Mon, 29/11/2021 1095 Thu, 28/11/2024 305.00 4.00
    Mon, 13/12/2021 1095 Thu, 12/12/2024 150.00 4.00
    Mon, 20/12/2021 1095 Thu, 19/12/2024 100.00 4.00
    Mon, 27/12/2021 1095 Thu, 26/12/2024 255.00 4.00
    D. Standing Liquidity Facility (SLF) Availed from RBI$       7,469.91  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     15,941.91  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -1,01,203.09  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on October 29, 2024 10,19,787.20  
         (ii) Average daily cash reserve requirement for the fortnight ending November 01, 2024 10,16,726.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ October 29, 2024 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on October 04, 2024 4,88,495.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    As per the Press Release No. 2020-2021/520 dated October 21, 2020, Press Release No. 2020-2021/763 dated December 11, 2020, Press Release No. 2020-2021/1057 dated February 05, 2021 and Press Release No. 2021-2022/695 dated August 13, 2021.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    £ As per the Press Release No. 2021-2022/181 dated May 07, 2021 and Press Release No. 2021-2022/1023 dated October 11, 2021.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2024-2025/1397

    MIL OSI Economics

  • MIL-OSI Asia-Pac: LCQ18: Eligibility criteria for Guangdong Scheme and Fujian Scheme

    Source: Hong Kong Government special administrative region

    LCQ18: Eligibility criteria for Guangdong Scheme and Fujian Scheme
    LCQ18: Eligibility criteria for Guangdong Scheme and Fujian Scheme
    ******************************************************************

         Following is a question by the Hon Holden Chow and a written reply by the Secretary for Labour and Welfare, Mr Chris Sun, in the Legislative Council today (October 30): Question:      Currently, applicants for the Old Age Allowance (OAA) under the Guangdong Scheme and the Fujian Scheme (the Schemes) must reach the age of 70 or above and must have resided in Hong Kong continuously for at least one year immediately before the date of application (the requirement of continuous residence in Hong Kong). However, some members of the public have relayed that they had moved to Guangdong Province before they turned 70, and are still ineligible to receive the OAA even though they now reach the age of 70 because they fail to meet the requirement of residing in Hong Kong continuously for at least one year immediately before the date of application, and are even required to return to Hong Kong and reside for one year in order to meet the eligibility criteria. In this connection, will the Government inform this Council: (1) of the respective numbers of applications for OAA under the Schemes received, approved and rejected by the Government in each of the past five years; among the approved applications, the number of cases for which the authorities exercised discretionary power and granted OAA (set out in a table); (2) of the criteria for exercising discretionary power for the cases mentioned in (1), and whether the criteria include special circumstances of the persons concerned (such as chronic disease patients receiving treatment in Guangdong Province); if so, of the details; if not, the reasons for that; and (3) whether it will consider making special arrangements for people who are currently aged 70 but have previously moved to Guangdong or Fujian, so that as long as they meet all other requirements except the requirement of continuous residence in Hong Kong, the Government will, by discretion, grant the OAA to them? Reply: President,      The Social Security Allowance (SSA) Scheme (including the Old Age Allowance (OAA), Old Age Living Allowance (OALA), Disability Allowance, Guangdong Scheme and Fujian Scheme) is a non-contributory social security scheme. Applicants must have resided in Hong Kong continuously for at least one year immediately before the date of application, while enjoying a limit of 90 days of absence from Hong Kong within that year. This one-year continuous residence (OYCR) requirement ensures that applicants have close connections with Hong Kong, and that persons who have lived outside Hong Kong for a long time cannot immediately benefit from non-contributory cash allowances upon their return to Hong Kong, thereby concentrating resources on supporting persons in need and the elderly.      I reply to the three parts of the question raised by the Member as follows: (1) and (2) In the past five financial years (2019-20 to 2023-24), the numbers of OAA applications received, approved and rejected by the Social Welfare Department (SWD) are tabulated below:

     
    2019-20
    2020-21
    2021-22
    2022-23
    2023-24

    Applications received (Note)
    35 652
    37 059
    35 173
    40 263
    40 825

    Applications approved
    32 646
    38 360
    36 173
    39 984
    41 139

    Applications rejected
    2 127
    577
    241
    334
    523

    Note: The processing of some of the applications may be completed in the subsequent financial year.     Where an applicant has been absent from Hong Kong in the one year immediately before the date of application for receiving medical treatments outside Hong Kong due to illnesses or for taking up paid work outside Hong Kong, the SWD may consider exercising discretion to disregard the absences exceeding the 90-day limit subject to sufficient reasons and documentary proofs.      In the past five financial years (2019-20 to 2023-24), the numbers of cases in which the absences of the OAA applicants were disregarded for the aforementioned reasons are tabulated below: 

     
    2019-20
    2020-21
    2021-22
    2022-23
    2023-24

    Receiving medical treatments outside Hong Kong due to illnesses
    7
    0
    0
    0
    3

    Taking up paid work outside Hong Kong
    39
    1
    0
    0
    17

         In response to the COVID-19 pandemic and in tandem with an enhancement measure of the SSA Scheme, the SWD implemented a special arrangement from January 2020 to August 2023 to disregard the absences from Hong Kong of applicants and beneficiaries of the various social security schemes (including the SSA Scheme). The SWD does not maintain a record of the number of OAA applications that benefited from the relevant special arrangement. (3) As mentioned above, the OYCR requirement ensures that SSA applicants have close connections with Hong Kong, with a view to reasonably allocating finite public resources. Since September 2023, the Government has suitably relaxed the absence limit of the OYCR requirement from 56 days to 90 days, increasing it by more than half.  This can practically accommodate the applicants’ need for leaving Hong Kong temporarily before the application (such as visits to family and travel outside Hong Kong). The Government currently has no plan to further relax the OYCR requirement. With an ageing population, the number of beneficiaries and the expenditure of the SSA Scheme will continue to rise. The Government should take into account the long-term financial sustainability when considering various enhancement measures. 

     
    Ends/Wednesday, October 30, 2024Issued at HKT 11:35

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ7: Pilot Rehabilitation Programme for Employees Injured at Work

    Source: Hong Kong Government special administrative region

    LCQ7: Pilot Rehabilitation Programme for Employees Injured at Work
    LCQ7: Pilot Rehabilitation Programme for Employees Injured at Work
    ******************************************************************

         Following is a question by Dr the Hon David Lam and a written reply by the Secretary for Labour and Welfare, Mr Chris Sun, in the Legislative Council today (October 30): Question:      The Pilot Rehabilitation Programme for Employees Injured at Work (the Pilot Programme) was launched in September 2022, and its industry coverage has also been expanded from the construction industry to the catering and hotel industry and the transportation and logistics industry from May this year onwards. In this connection, will the Government inform this Council: (1) of the total number of reported work injury cases in the construction industry in Hong Kong since September 2022 and, among them, the number of cases which are eligible for the Pilot Programme; (2) of the average waiting time of injured employees from the time of injury to commencement of rehabilitation treatment under the Pilot Programme; (3) as it is learnt that some injured employees who are eligible for the Pilot Programme have refused to participate in the Programme, whether the Government has gained an understanding of the reasons for their refusal; (4) of the types of work injury involved in the cases participating in the Pilot Programme, with a breakdown by the extent of injury; (5) among the injured employees who have participated in the Pilot Programme and recovered (i.e. reached maximum medical improvement), of the number of those who have returned to work and, among them, the percentage of those who are able to return to their original positions (especially employees in the construction industry who are able to re-enter the industry); (6) among the injured employees who have participated in the Pilot Programme and recovered but are unable to return to work, of the number of those who have completed the procedures of medical assessment of injury (i.e. assessment of permanent incapacity); and (7) as it is learnt that some non-profit-making organisations or training organisations in the community provide retraining and return-to-work support services specifically for persons recovered from work injury, how many employees who have recovered under the Pilot Programme but are unable to return to work have been referred to such organisations for follow-up? Reply: President,     To strengthen rehabilitation services for employees injured at work, the Labour Department (LD) launched the Pilot Rehabilitation Programme for Employees Injured at Work (Pilot Programme) in September 2022. The Pilot Programme adopts a case management approach to provide timely and co-ordinated private out-patient rehabilitation treatment services for participating injured employees to facilitate their early recovery and return to work. Currently, the Pilot Programme covers the construction industry, catering and hotel industry and transportation and logistics industry, targeting employees who have sustained musculoskeletal injuries at work and have been (or are expected to be) absent from work for six weeks or more. Eligible persons can participate on a voluntary basis.      My reply to the Dr the Hon David Lam’s question is as follows: (1) From September 2022 to September 2024, the number of employees’ compensation claims in the construction industry involving incapacitation of employees for more than 3 days as a result of work injuries reported under the Employees’ Compensation Ordinance and received by the LD is about 6 900.      As at the end of September 2024, the LD and the Work Injury Rehabilitation Office (WIRO) set up by the service contractor of the Pilot Programme have, based on the reported work injury cases, identified 4 596 injured construction employees who preliminarily fulfilled the admission criteria of the Pilot Programme, and proactively invited their participation. As at the end of September 2024, a total of 1 011 injured construction employees have enrolled in the Pilot Programme. (2) According to the Employees’ Compensation Ordinance, an employer must notify the Commissioner for Labour of any work accident within 14 days after the accident occurs or after it comes to his knowledge. As mentioned in part (1), the LD and WIRO will preliminarily identify suitable injured employees based on the reported work injury cases, proactively invite them to participate in the Pilot Programme and arrange interviews to ascertain their eligibility for and willingness to participate in the Pilot Programme. Thereafter, the case manager will schedule an appointment for the employee to meet with the case doctor. Once the case doctor determines after clinical assessment that the employee’s injury is suitable for treatment under the Pilot Programme, the relevant rehabilitation treatment will begin immediately.          Therefore, the duration from the time of injury to the commencement of treatment for an injured employee depends on the reporting time and the specific circumstances of the individual work injury case (such as the time needed to successfully contact the injured employee, when the employee can meet with the case manager and confirm their consent to participate in the Pilot Programme). Generally, counting from the first successful contact with the injured employee for introducing the Pilot Programme, an injured employee can receive treatment from a case doctor approximately after 10 working days.(3) Some eligible injured employees have chosen not to participate in the Pilot Programme for various reasons, including their wish to continue receiving rehabilitation treatment services provided by the Hospital Authority, consideration that the location of the hospital or clinic they currently seek consultations is more convenient, preference for arranging their own private medical services, and their wish to continue receiving free private rehabilitation treatment provided by their employers. (4) As at the end of September 2024, 1 350 injured employees from the construction industry, catering and hotel industry, and transportation and logistics industry have enrolled in the Pilot Programme. Their injuries primarily involved contusions and bruises, sprains and strains, fractures, etc, which accounted for approximately 80 per cent of all cases. Around 70 per cent of participants have already reached Maximum Medical Improvement (i.e. recovered) after treatment, with the majority recovering within 5 months after commencing treatment.(5) Under the Pilot Programme, if participants do not return to work within two months after recovery, case managers will continue to follow up on their return-to-work status for the following three months. As of the end of September 2024, the return-to-work status of the 939 recovered employees is as follows: 

    Return-to-work status
    Number of employees (proportion)

    Engaged in same kind of work*
    413 (approximately 44 per cent)

    Engaged in other kinds of work*
    73 (approximately 8 per cent)

    Return-to-work status under follow up
    201 (approximately 21 per cent)(mainly those who have recently recovered from their injuries)

    Not yet returned to work during the follow up period
    252 (approximately 27 per cent)

    Total
    939

    *including those employed by the original employer or a different employer     Among the 413 recovered employees engaged in the same kind of work, 329 (approximately 80 per cent) were construction employees; and among the 73 recovered employees engaged in other kinds of work, 63 (approximately 86 per cent) were construction employees.(6) Among the 252 recovered employees who were yet to return to work during the follow-up period as mentioned in part (5), 197 (approximately 78 per cent) have been arranged to attend an assessment conducted by the Employees’ Compensation Assessment Board (commonly known as work injury assessment). The main reasons some cases have not yet received work injury assessment include pending arrangements for the assessment, the necessity to undergo legal procedures due to disputes over employees’ compensation, or the involvement of injuries other than musculoskeletal for which the relevant treatments are yet to complete, etc.(7) Each participant under the Pilot Programme is assigned a case manager to follow up on their case. The case manager co-ordinates rehabilitation treatment and assists in the participant’s return-to-work, which includes, with the employee’s consent, liaising with employers to facilitate return-to-work arrangements, or providing information on the job market based on the employee’s circumstances. Furthermore, depending on the needs of individual cases and the wish of the employees concerned, participants may be referred to relevant non-governmental organisations for services such as employment counselling, vocational training, and job skills training to enhance their skills and prepare for return-to-work during the recovery journey. As of the end of September 2024, a total of 20 participants agreed to be referred to the relevant organisation, of whom six have returned to work, 11 were yet to return to work during the follow-up period after recovery, and the return-to-work status of the remaining three was still being monitored.

     
    Ends/Wednesday, October 30, 2024Issued at HKT 11:59

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Translation: Council of Ministers meeting on 30 October 2024

    MIL OSI Translation. Timor-Leste Portuguese to English –

    Presidency of the Council of Ministers

    Spokesperson for the Government of Timor-Leste
    ……………………………………………. ……………………………………………. …………………….

    Press release

    Council of Ministers meeting on 30 October 2024

    The Council of Ministers met at the Government Palace, in Dili, and approved the draft Government Resolution that extends, until April 10, 2025, the suspension of the teaching, learning and practice of martial arts and the temporary closure of all places and facilities intended for the teaching, learning and practice of martial arts, initially approved by Government Resolution No. 45/2023, of November 10, and extended by Government Resolution No. 17/2024, of April 24.

    This Government Resolution aims to consolidate and reinforce the social peace achieved since November 2023. With a measured and controlled approach, it is intended, in the future, to allow the practice of martial arts exclusively in the context of sport, promoting healthy exercise and contributing to the civic and humanistic education and training of young people. However, at this time, the suspension of the teaching, learning and practice of martial arts and the temporary closure of the respective facilities remain.

    The Government congratulates the population, particularly young people, for their collaboration in complying with Government Resolution No. 17/2024, of April 24, which has contributed significantly to maintaining order and social peace throughout the country.

    *****

    The draft Decree-Law, presented by the Minister of the Presidency of the Council of Ministers, Agio Pereira, and by the President of the Civil Service Commission, Agostinho Letêncio de Deus, regarding the Seniority Promotion Regime for Public Administration career personnel, was also approved.

    This legislative initiative aims to ensure career progression for those who, for various reasons, have been unable to achieve merit-based promotions in recent years. The system is based on criteria such as seniority, performance evaluation, age, professional training, service provision in remote areas, good behavior and attendance. The law establishes that promotion based on seniority will occur annually, and will be carried out through an internal competition regulated by the Civil Service Commission, which determines the vacancies available for each grade and professional category.

    It is expected that this seniority-based promotion regime will reduce stagnation in the careers of civil servants, valuing the dedication of many years to public service, especially for those who face difficulties in participating in conventional competitions.

    *****

    Finally, the Government Resolution project, presented by the Minister of Social Solidarity and Inclusion, Verónica das Dores, regarding compliance with the registration regime and contribution obligation within the scope of the Social Security Contributory Regime, was approved.

    This legislation reinforces the State’s duty, enshrined in Article 56 of the Constitution of the Republic, to organize a social security system that protects all workers in the country, in the public and private sectors, and ensures the right to social security and assistance. Established by Law No. 12/2016, of November 14, the social security system has been in force since 2017 and defines the responsibilities of employers, including the registration of workers and the monthly submission of remuneration statements to the National Institute of Social Security (INSS).

    This Government Resolution determines that all entities of the direct and indirect State Administration must regularize the registration of their workers with the INSS by November 15, 2024, as well as submit monthly remuneration statements by the 15th of each month. The INSS provides the necessary tables on its website and, by November 30, 2024, will present to the Council of Ministers a list of entities in non-compliance.

    Failure to comply with this Resolution will result in civil, financial, reintegration and disciplinary liability for those responsible for services and entities of the direct and indirect State Administration with jurisdiction over the registration of workers and the monthly submission of Remuneration Declarations, as applicable. END

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

    MIL Translation OSI

  • MIL-OSI Economics: Secretary-General of ASEAN delivers remarks at the Opening Ceremony of the 28th ASEAN Labour Ministers’ Meeting in Singapore

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, this morning delivered opening remarks at the Opening Ceremony of the 28th ASEAN Labour Ministers’ Meeting (ALMM) held in Singapore. Dr. Kao also joined Singapore’s Minister for Manpower Dr. Tan See Leng for the Ceremonial Sealing of the Time Capsule Commemorating 50 Years of the ALMM. The Time Capsule will be shipped to and displayed at the ASEAN Secretariat, with Singapore’s facilitation, and will be opened on the 75th Anniversary of ALMM.  

    Download the full remarks here.

    The post Secretary-General of ASEAN delivers remarks at the Opening Ceremony of the 28th ASEAN Labour Ministers’ Meeting in Singapore appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI China: China extends duties on imported ethanolamines

    Source: China State Council Information Office 3

    China’s Ministry of Commerce (MOC) on Tuesday announced its decision to renew anti-dumping duties on ethanolamines imported from the United States, Saudi Arabia, Malaysia, and Thailand.

    The duties were initially introduced in 2018 for a period of five years as such imports had caused substantial damage to China’s domestic industry.

    Following the end of the term last year, the MOC launched investigations to review the anti-dumping at the request of the domestic industry.

    The MOC said in a ruling that if the duties were terminated, the dumping practice and related damage would likely continue or reoccur.

    The duties will be levied for another five years starting Wednesday.

    MIL OSI China News

  • MIL-OSI Asia-Pac: LCQ8: Members of public engaging in outdoor activities under inclement weather

    Source: Hong Kong Government special administrative region

    LCQ8: Members of public engaging in outdoor activities under inclement weather
    LCQ8: Members of public engaging in outdoor activities under inclement weather
    ******************************************************************************

         Following is a question by the Hon Steven Ho and a written reply by the Secretary for Security, Mr Tang Ping-keung, in the Legislative Council today (October 30): Question:      It has been reported that whenever a typhoon hits Hong Kong, some members of the public will recklessly disregard warnings and purposely go to the seaside to “chase wind”, and some people will even engage in outdoor activities such as hiking and surfing under extreme weather. There are views pointing out that such behaviour not only endangers their own lives and safety, but also wastes the Government’s rescue resources and leads to casualties among rescuers. In this connection, will the Government inform this Council: (1) of the following information on cases received by the Government in each of the past five years where members of the public encountered danger and sought assistance while engaging in outdoor activities when weather warnings were in force: the number of such cases, the types of outdoor activities involved, the number of search and rescue (S&R) personnel, the casualties among the S&R personnel, and the public expenditure involved; (2) given that the existing legislation empowers the authorities to close beaches or country parks when necessary, and it is an offence to enter such closed beaches or country parks without permission, of the number of prosecutions instituted by the authorities in the past three years in respect of the aforesaid offence; (3) of the work undertaken by the Government in the past three years to prohibit members of the public from entering dangerous areas such as waterfronts, riversides and hills when weather warnings were in force (including putting up notices and disseminating warning messages through the media), as well as the expenditure involved (with a breakdown by work initiative); and (4) whether it has considered imposing charges on those members of the public who encounter danger and seek assistance as a result of riskily engaging in outdoor activities under inclement weather (e.g. requiring them to bear a certain proportion of the S&R expenditure), so as to achieve a deterrent effect; if so, of the details; if not, the reasons for that? Reply: President,      The Government strongly discourages the public from taking risks to engage in outdoor activities under inclement weather. It will continue to remind members of the public through various channels of the risks of engaging in outdoor activities under inclement weather, and step up enforcement actions. Under extreme weather conditions, such as when the Tropical Cyclone Warning Signal No. 8 or above, or the Black Rainstorm Warning are in force, mountain-climbing or other water sports activities will become even more dangerous. In case of an accident, it will also put rescuers in a dangerous situation.      In consultation with the Culture, Sports and Tourism Bureau and the Environment and Ecology Bureau, our consolidated reply to the question raised by the Hon Steven Ho is as follows: (1) Between January 1, 2020 and September 30, 2024, the Fire Services Department (FSD), the Hong Kong Police Force (HKPF), and the Government Flying Service have been deployed for mountain rescue arising from camping or hiking and immersion incidents arising from swimming or surfing when an Amber, Red or Black Rainstorm Warning, or Tropical Cyclone Warning Signal No. 3 or above was in force. Details are as follows:

    Year
    Number of mountain rescue incidents
    Staff deployed
    Number of immersion incidents
    Staff deployed

    2020
    1
    22
    2
    32

    2021
    5
    58
    2
    38

    2022
    10
    71
    1
    33

    2023
    23
    352
    16
    334

    2024(as at September 30)
    21
    146
    3
    72

          The above deployments did not result in any casualties among the rescuers. The rescue teams have not maintained a statistical breakdown of the operating cost. (2) As far as temporary closure of beaches is concerned, the Leisure and Cultural Services Department (LCSD) has, in addition to giving advice on multiple occasions, issued a total of four verbal warnings in the past three years to persons entering/intending to enter temporarily closed beaches for water sports activities. During the period, no prosecution was instituted against non-compliance with the temporary closure of beaches.      As regards the hoisting of red flags at unclosed beaches, the LCSD has, in addition to giving advice on multiple occasions, successfully instituted one prosecution against water sports activities illegally conducted within the area of gazetted beaches in the past three years. Furthermore, during the law enforcement operation at Big Wave Bay Beach on October 25, 2024, two members of the public were found to have committed the acts of illegal surfing during hoisting of red flags at the unclosed beach, suspected of contravening the Bathing Beaches Regulation. An investigation by the LCSD is underway into such a case and prosecution is under consideration.      On the other hand, in the past three years, the Agriculture, Fisheries and Conservation Department (AFCD) had not closed country parks due to inclement weather. The AFCD will consider the closure of country parks having regard to the actual situation and when necessary. (3) During temporary closure of beaches and hoisting of red flags at unclosed beaches, beach staff will advise or verbally warn members of the public who are oblivious to the dangers at sea for their action jeopardising their own safety and that of rescuers. The LCSD will also consider instituting prosecutions against wrongdoers to serve as deterrence. Generally, members of the public heed the advice from the staff in virtually all cases. The above work does not involve additional expenditure.      When adverse weather warnings (such as Tropical Cyclone Warning Signal No. 3 or Rain Storming Warnings) are about to be issued or while these are in force, the AFCD will appeal to members of the public to refrain from going to the country parks through news broadcasts and social media platforms. Moreover, the AFCD will regularly utilise the social media and other communication channels to promote hiking safety, and remind members of the public to avoid visiting country parks during adverse weather. The above work forms part of the AFCD management of country parks, and therefore does not involve additional expenditure.      Whenever a Tropical Cyclone Warning Signal is in force, the Hong Kong Observatory (HKO) will remind the public to stay away from the shoreline and refrain from conducting any water sports activities. When a Rainstorm Warning Signal is in force, the HKO will remind the public to stay away from watercourses, and to stay alert to the possible dangers of flooding of the watercourses even after the Rainstorm Warning is cancelled. Other weather warnings or alerts are also accompanied by corresponding points to note. The HKO currently disseminates the above information to the public through various channels, including the HKO’s website, the mobile application MyObservatory, and social media platforms. The relevant operation and maintenance expenses have been subsumed into the recurrent cost of the HKO which cannot be further broken down. (4) The Government has always accorded top priority to public safety and the protection of people’s life and property. When calls for various emergencies are received, the HKPF and the FSD will immediately assess the nature of each incident and deploy appropriate resources to the scene.      The Government strongly discourages the public from taking risks to perform outdoor activities under inclement weather, as these activities will bring significant risks not only to the members of the public themselves, but also to the rescue personnel deployed in case of emergency. Notwithstanding the above, people’s lives are a top priority, and the Government will provide effective, reliable and efficient emergency services to people in distress or in need under all circumstances. The last thing we want to see is those in need being deterred from seeking emergency call services due to any reasons, including the charging of a levy.

     
    Ends/Wednesday, October 30, 2024Issued at HKT 12:20

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ1: Promoting digital corporate identity

    Source: Hong Kong Government special administrative region

         â€‹Following is a question by the Hon Shang Hailong and a reply by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, in the Legislative Council today (October 30):
     
    Question:
     
         The Financial Secretary has indicated in the 2024-2025 Budget that the Government will set up a “Digital Corporate Identity” (CorpID) Platform to enable authentication of identity of enterprises using electronic government services or conducting online business transactions in a secure, convenient and efficient manner. The Government’s goal is to roll out the Platform progressively from end‑2026 onwards. However, there are views pointing out that notwithstanding the pressing demand of enterprises for CorpID, the Government’s progress in the relevant work appears to be slightly slow. In this connection, will the Government inform this Council:
     
    (1) given that the Digital Policy Office has been established since July this year, whether the Office can give priority to the work on setting up the CorpID Platform, so that the target launch date of the Platform will be advanced to 2025;
     
    (2) as there are views that the current utilisation rate of personal digital certificate is on the low side, and small and medium enterprises (SMEs) may also be less inclined to adopt CorpID in the future, of the Government’s plan in place to publicise CorpID’s functions, and whether it will consider providing incentives to promote more extensive use of CorpID by SMEs, thereby facilitating smart city development; and
     
    (3) whether it will consider introducing new eligibility criteria for future funding schemes of enterprises, such as accepting applications only from SMEs using CorpID, so as to enhance their participation in CorpID?

    Reply:
     
    President,
     
         Promoting the development of smart city and digital economy in Hong Kong is one of the development directions of the Hong Kong Innovation and Technology Development Blueprint. The Digital Policy Office (DPO) is expediting the development of relevant digital infrastructure, including the development of the “Digital Corporate Identity” (CorpID) Platform, to support digital and intelligent transformation.
     
         My reply to the questions raised by the Hon Shang is as follows:

    (1) The CorpID Platform provides various functions, including corporate identity authentication, digital signing, pre-filling of forms and storage of digital licences and permits, etc, which facilitate corporations to undergo corporate identity authentication and corporate signature verification in a secure, convenient and efficient manner when using e-government services or conducting online transactions, hence alleviating the current paper-based and complicated procedures.

         The CorpID Platform is a brand new and complex large-scale digital infrastructure. The DPO must make adequate preparation and conduct comprehensive testing, including security risk assessment and audit, third party independent testing, as well as cybersecurity testing, etc, to ensure the security and reliability of the Platform. Since the Legislative Council approved of its funding in June this year, we have been pressing ahead with the project at full speed, including the collection of business requirements from stakeholders to ensure that the system design and functionalities meet the needs of different public and commercial application scenarios.

         The DPO strives to invite tender within this year and award the contract for design and development of the system in the middle of next year, with a view to launching the CorpID Platform progressively from end-2026. On the premise of ensuring system security and stability, the DPO will explore the feasibility of compressing the timeline.

    (2) and (3) The CorpID will offer users a corporate-based digital certificate. The Government has been driving the application of digital certificates. At present, digital certificates are being used in many domain areas including “iAM Smart”, “Government-to-Business” services (such as the Government Electronic Trading Services) and “Business-to-Business” services (such as financial services, secure email transmission), etc. With the growing number of citizens using “iAM Smart” and the launch of the CorpID Platform, the adoption of digital certificates will be further promoted.

         The DPO plans to implement the following measures to attract and encourage corporations and government departments to use the CorpID:
     

    in collaboration with the government departments that have business dealings with corporations, roll out several functions through connecting with the CorpID Platform. The DPO will also require all corporate-related e-government services to support the use of the CorpID within 18 months after its launch;
     
    through a Sandbox Programme, the service providers interested in supporting the CorpID can conduct proof-of-concept testing and develop their applications to design application scenarios and solutions that better meet the market demands;
     
    consider integrating the CorpID Platform with other corporate identity standards widely adopted in the industries for interoperability; 
     
    facilitate registration by enabling applicants to submit online applications through the CorpID Platform and create their CorpID once verified successfully, so that they can complete the application process while staying indoors; and
     
    publicise and promote the convenience and main functions of the CorpID to the industry through diversified channels, including websites, social media and communications platforms, promotional videos, industry organisation activities, etc. 

         The above work will help government departments and corporations better understand the functions, advantages and applicability of the CorpID Platform. Various departments can also utilise the CorpID as a technical solution for identity authentication and digital signing in accordance with their own policies, individual project objectives, development needs and technical requirements, etc, to facilitate the implementation of various policy measures in order to enhance efficiency and benefit the public and businesses.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Quotations invited for tenancies at Hong Kong-Zhuhai-Macao Bridge Hong Kong Port

    Source: Hong Kong Government special administrative region

    Quotations invited for tenancies at Hong Kong-Zhuhai-Macao Bridge Hong Kong Port
    Quotations invited for tenancies at Hong Kong-Zhuhai-Macao Bridge Hong Kong Port
    ********************************************************************************

         The Government Property Agency (GPA) is inviting two separate quotations for (i) Shop No. 302 and (ii) Shop No. 306, both on Ground Floor, Passenger Clearance Building, 33 Shun Fai Road, Hong Kong-Zhuhai-Macao Bridge Hong Kong Port, Lantau, Hong Kong, each for a three-year tenancy subject to the provisions for renewal for a further term of two years.     Both premises should only be used for general retail and/or services purposes excluding storage, sale or display of:(1) dutiable goods as defined under the Dutiable Commodities Ordinance (Cap. 109), unless the premises have been issued with a warehouse licence under the Dutiable Commodities Ordinance (Cap. 109);(2) duty-paid goods as defined under the Dutiable Commodities Ordinance (Cap. 109); and(3) goods, merchandise or commodities that are from time to time prohibited from import into Hong Kong under the laws of Hong Kong.     The decision of the landlord as to what constitutes goods, merchandise or commodities under (3) above shall be final, conclusive and binding on the tenant. All references in the Form of Tenancy Agreement to the Dutiable Commodities Ordinance (Cap. 109) shall include any regulations made thereunder and any amending legislation.     The quotation notices were uploaded today (October 30) to the GPA Property Portal: www.gpaproperty.gov.hk/en/index.html. Quotation documents are available for collection at the GPA, 9/F, South Tower, West Kowloon Government Offices, 11 Hoi Ting Road, Yau Ma Tei, Kowloon, during the period from 9am to 6pm from Monday to Friday, except public holidays. The documents can also be downloaded from the GPA Property Portal.     Interested bidders who wish to conduct a site inspection of the premises should make a prior appointment with the GPA by calling 3842 6915 or 3842 6917 on or before November 6.     Bidders must submit their quotations by placing them in the GPA Quotation Box placed at the Ground Floor Lobby, South Tower, West Kowloon Government Offices, 11 Hoi Ting Road, Yau Ma Tei, Kowloon, before noon on November 19. Late quotations will not be accepted.

     
    Ends/Wednesday, October 30, 2024Issued at HKT 12:30

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ14: Improving the water quality of the Tsuen Wan waterfront

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Joephy Chan and a written reply by the Secretary for Environment and Ecology, Mr Tse Chin-wan, in the Legislative Council today (October 30):
     
    Question:
     
         In his 2022 Policy Address, the Chief Executive set a target of reducing the pollution load at identified outfalls emanating stench in specific districts (including Tsuen Wan) by half before the end of this year. It has been reported that the Government department concerned has indicated recently that the aforesaid target has been achieved ahead of the schedule, and the pollution load of the Tsuen Wan waterfront has been reduced by about 80 per cent. In this connection, will the Government inform this Council:
     
    (1) as it has been reported that the Environmental Protection Department (EPD) indicated last month that 70 cases of misconnection of drains had been found in Tsuen Wan and, among them, 36 cases had been rehabilitated or were under acceptance inspection, of the specific locations of such cases of drain misconnections and the specific rehabilitation measures taken; as for the remaining cases of drain misconnections pending rehabilitation, of the Government’s rehabilitation works plan and timetable;
     
    (2) as the EPD has indicated that following the rehabilitation of misconnected drains, the next task is to continue to identify other sources of pollutants, of the progress and targets of such task and the plans in place to monitor the water quality situation of the Tsuen Wan waterfront, for example, whether prosecution will be instituted against property owners involved in the misconnections of drains to prevent recurrence of similar problems; if so, of the details; if not, the reasons for that;
     
    (3) upon the completion of the drain rehabilitation works mentioned in (1), of the specific measures put in place by the Government to ensure that the drains can be effectively maintained and managed on a long-term basis, and whether such measures cover preventive maintenance and contingency rehabilitation plans; whether the Government will introduce new technologies to enhance the durability and operation efficiency of drains;
     
    (4) whether the Government has plans to extend across the territory the successful experience and fruitful outcomes of rehabilitating drains at the Tsuen Wan waterfront as well as the techniques applied, so as to improve the overall pollution load and odour intensity of the waterfront of Hong Kong; whether the Government will collaborate with environmental groups and experts to jointly take forward the work of ameliorating pollution at the waterfront;
     
    (5) as it has been reported that the Government has installed monitoring systems at the Tsuen Wan Sports Centre to monitor on an ongoing basis the odour changes of the Tsuen Wan waterfront, of the details of the data collected by such monitoring systems (including ways to ensure the accuracy and reliability of the data); of the water and air quality data of the Tsuen Wan waterfront collected by the Government over the past two years, and whether such data shows a trend of progressive improvement; and
     
    (6) whether the Government has short-term and long-term plans to continuously improve the water quality and odour of the Tsuen Wan waterfront; if so, of the details; if not, the reasons for that?

    Reply:
     
    President,

         The Government has all along been attached great importance to improving the water quality of Victoria Harbour. Since the launch of the Harbour Area Treatment Scheme by the Government, all sewage generated from both sides of Victoria Harbour, including Tsuen Wan District, has been intercepted and diverted to the Stonecutters Island Sewage Treatment Works for centralised treatment. As a result, the overall water quality of Victoria Harbour has improved significantly. The Cross Harbour Race, which was suspended for years due to poor water quality, has resumed since 2011 and has returned to its traditional route in the central area of Victoria Harbour since 2017. To further ameliorate the remaining near-shore water quality and odour problems of Victoria Harbour, the Chief Executive set out the target in the 2022 Policy Address to reduce the pollution load by half before end-2024 at stormwater outfalls with serious pollution problems along both sides of Victoria Harbour, in particular in Tsuen Wan, Sham Shui Po and Kowloon City districts. Since then, the Environmental Protection Department (EPD) has conducted large-scale pollution source investigations mainly in the three priority areas mentioned above. More than 8 000 stormwater and sewage manholes have been inspected, with nearly 2 000 water samples collected for chemical and Escherichia coli (E. coli) level analyses. We have also identified pollution sources by way of dye-tracing tests, detection robot, ground penetrating radar (GPR), sonar inspection boat and other advanced equipment, while working closely with the Drainage Services Department (DSD) and the Buildings Department (BD) to rehabilitate defective sewers. With the progressive completion of rehabilitation works, the overall pollution load at the relevant outfalls in the above three priority areas has been reduced by about 80 per cent and the odour problem has also been ameliorated significantly, which is widely welcomed by residents in the vicinity. 
     
         My reply to the question raised by the Hon Joephy Chan is as follows:

    (1) Most of the cases found in Tsuen Wan District are concentrated in areas of earlier development, such as Chung On Street (Tai Pei Square, Yi Pei Square, Sam Pei Square and Sze Pei Square), Lo Tak Court and the area around Heung Wo Street, etc. To trace the pollution sources in Tsuen Wan District, the EPD made the best endeavour and inspected over 1 000 stormwater and sewage manholes, collected over 400 water samples for chemical and E. coli level analyses, and successfully identified a total of 70 locations of sewer misconnection in the district. With instant follow-ups and rectifications made in collaboration with the DSD and the BD, we have so far completed rehabilitation for 36 cases involving a higher pollution load, thereby reducing the overall pollution load by about 90 per cent. The distribution of sewer misconnection cases in the district is listed in Table 1. The remaining 34 sewer misconnection cases pending rectification are mainly confronted with a more complex construction environment or technical issues. For example, works are required to be carried out beneath busy vehicular accesses and in narrow back lanes with congested underground utilities, which significantly limit the available space for the works. Our target is to complete these remaining misconnection cases within this year to further improve the water quality and odour problem of the harbourfront in the district.

    (2) In terms of progress and target for continuous identification of pollution sources, the EPD has implemented a continuous monitoring programme in Tsuen Wan District and adopted innovative tracking methods, including installing surveillance camera systems inside stormwater manholes at certain strategic locations to perform around-the-clock flow monitoring inside the manholes. When abnormal discharge is detected, the intelligence function will immediately issue an alert message for taking prompt follow-up actions. Compared with the traditional method of deploying staff to open manholes for inspection every time, this new method can monitor the flow of sewage from upstream into the stormwater systems continuously and identify the pollution sources, thus saving manpower. Besides, the EPD has applied other innovative technologies to monitor the conditions of drains, including deploying a sonar inspection boat and using a GPR to scan underground drains and sewers, which enable the generation of instant images to show the connections of underground stormwater drains and nearby sewers without digging up the roads. In order to continuously monitor the water quality of the Tsuen Wan harbourfront, the EPD has also set up three regular near-shore water quality monitoring stations at the near-shore locations of Tsuen Wan Bay near the outfalls of Tai Chung Road, Ma Tau Pa Road and Tai Ho Road box culverts. Monthly sampling is conducted to monitor the water quality, with indicators including dissolved oxygen and organic pollutant levels (5-day biochemical oxygen demand), etc.

         To rectify misconnection cases, the DSD carries out regular inspections of the conditions and structures of public sewerage and stormwater drainage systems. When defective sewers or manholes are found, rehabilitation works will be promptly arranged. As for misconnection cases in buildings, the BD will issue statutory repair/removal orders pursuant to the Buildings Ordinance (Cap. 123) to urge or order the property owners concerned to discharge their responsibilities to rectify the problems of sewer misconnection. For cases which remain non-compliant after receipt of such orders, the BD will take appropriate enforcement actions according to the circumstances. Among the 30 ongoing misconnection cases in buildings in Tsuen Wan District, 22 cases are undergoing rectification, while the BD will continue to follow up the remaining eight cases, for which statutory orders have been issued.

    (3) Upon completion of the pipe rehabilitation works, the DSD will conduct regular inspections and clearances of sediment from the drainage pipe system to ensure its proper functioning. Furthermore, the DSD will inspect and assess the operational and structural conditions of the existing underground channels according to their plans. Following a risk-based principle, appropriate replacement and rehabilitation plans are formulated in an orderly manner, including deploying different methods to install fibreglass or polyester fibre linings in the existing pipes through trenchless excavation, thereby enhancing the maintenance of the drainage system. These advanced technologies for pipe replacement and rehabilitation can maintain the reliability of the drainage system and at the same time reduce the impact on the public during the construction period. The contractors of the DSD have also reserved materials for rehabilitating drainage pipes and manpower for emergency deployment to carry out urgent pipe rehabilitation works. Meanwhile, the DSD is committed to the development and application of various innovative technologies and machinery to assist in drainage service operations, including remote-controlled desilting robots and pipeline inspection robots, the use of drones for pipeline closed-circuit television surveys, and smart water level sensors. These devices can not only enhance the efficiency of drainage service operations, but can also reduce the risks of works and protect the safety of workers.

    (4) Based on the success case in rehabilitating sewer misconnections in Tsuen Wan District, the EPD has extended the techniques applied therein to other priority areas and has been in close communication with various organisations and university research teams to pool our wisdom and work together for improving the harbourfront environment. In particular, the EPD has since 2022 engaged a team from the Hong Kong University of Science and Technology (HKUST) to install monitoring instruments at the Tsuen Wan Sports Centre, specifically monitoring the concentration of hydrogen sulphide (H2S), which is an air pollutant associated with odours at the Tsuen Wan harbourfront. The DSD also worked with another HKUST team to jointly develop new technologies. By deploying large curtains and Malodour Control Hydrogel at the outlets of box drains along the coast, the emission of malodour is inhibited. Looking ahead, the Government will continue to collaborate with experts from various fields to adopt innovation and practicable solutions to further consolidate the achievements in ameliorating the water quality and odour problems of Victoria Harbour.

    (5) To objectively assess the actual effectiveness of rectification of misconnections in improving the odour levels in harbourfront areas, the Government has installed odour monitoring instruments at the Tsuen Wan Sports Centre and other locations along Victoria Harbour shorelines to continuously monitor odour changes in harbourfront areas. A team from the HKUST will conduct regular maintenance and calibration for the monitoring instruments, and verify the collected data to ensure the accuracy and reliability of the monitoring data. The monitoring data collected from the Tsuen Wan harbourfront revealed that the concentration of H2S, which is the key cause of odour, showed a significant downward trend. The H2S concentration recorded in August 2024 was 80 per cent lower when compared to that in early 2022. The records of monthly average concentration data are shown in Figure 1 and Table 2.

         As for water quality, the monitoring data recorded in the waters near three stormwater drain outlets at the Tsuen Wan West harbourfront showed that the near-shore water quality in the area has undergone significant improvement. The overall average dissolved oxygen level in seawater has increased by about 30 per cent, while the content of organic pollutants has decreased by about 40 per cent. The annual average water quality data recorded at the near-shore water quality monitoring stations are shown in Table 3.
         
         The EPD interviewed members of the public at the Tsuen Wan harbourfront in August this year. Seventy-five per cent of the respondents agreed that the odour problem at the harbourfront had improved, with half of them considering the improvement to be significant.
         
    (6) In order to continuously improve the water quality and odour problems at the Tsuen Wan harbourfront, apart from the short-term measures including investigating and rectifying misconnections as mentioned in (2) to (4), the Government will continue to implement the following medium-to-long-term improvement measures:

    (i) Desilting Works: Regular desilting works will be carried out for the three main box culverts (stormwater drains in Tai Chung Road, Tai Ho Road and Ma Tau Pa Road) in Tsuen Wan District to reduce the discharge of pollutants or sediments from the stormwater drains into the near-shore waters;

    (ii) Sewer Replacement and Rehabilitation Works: To prevent leakeage of sewers from affecting the water quality along the Tsuen Wan harbourfront, the Government will undertake public works projects to rehabilitate some of the aged underground sewers in Tsuen Wan District. As at December 2023, approximately 11 kilometres of sewers in Tsuen Wan District were undergoing replacement and rehabilitation, and the works are expected to be completed in phases by end-2026; and

    (iii) Village Sewerage Sytems: Village sewerage works for Chuen Lung and Lo Wai are expected to be completed by end-2025. Moreover, village sewerage works are also underway in rural areas in Tsuen Wan District, namely San Tsuen, Wo Yi Hop and Sheung Kwai Chung. The works projects will commence upon completion of land acquisition procedures and funding approval by the Legislative Council, and the works are expected to be completed in three to five years.

         All in all, the Government will continue to take forward various improvement and monitoring measures to strive for turning the Tsuen Wan harbourfront into a new landmark of water-friendly culture.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Bladder cancer diagnosed incident cases across 8MM to reach 0.34 million in 2033, forecasts GlobalData

    Source: GlobalData

    Bladder cancer diagnosed incident cases across 8MM to reach 0.34 million in 2033, forecasts GlobalData

    Posted in Pharma

    The diagnosed incident cases of bladder cancer in the eight major markets (8MM*) are set to register an annual growth rate (AGR) of 2.24% from 0.28 million in 2023 to 0.34 million in 2033, forecasts GlobalData, a leading data and analytics company.

    GlobalData’s latest report, “Bladder Cancer – Epidemiology Forecast to 2033,” reveals that the US will have the highest number of diagnosed incident cases of bladder cancer among the 8MM at 0.10 million cases, whereas France will have the lowest number at 0.02 million cases in 2033.

    Antara Bhattacharya, Associate Project Manager, Epidemiology team at GlobalData, comments: “In 2023, men are more affected than women with approximately 78% men and 22% women.”

    Older adults in ages 60 years and above accounted for almost 87% of the diagnosed incident cases of bladder cancer in the 8MM in 2023, while younger adults in ages 18–59 years accounted for approximately 13% of the cases.

    GlobalData estimates that in 2023, approximately 45% of the incident cases of bladder cancer were diagnosed in the early stages by AJCC TNM staging, whereas only 6% of cases had a delayed diagnosis. Additionally, approximately 79% of the incident cases by tumor “T” stage at diagnosis were diagnosed in earlier stages, whereas only 4% cases were in severe stages.

    The high rate of diagnosis at earlier stages can be attributed to the success of increasing rates of cystoscopy, which is an invasive and expensive procedure. Approximately 74% of diagnosed prevalent cases of NMIBC relapse or recurred to MIBC.

    Bhattacharya concludes: “Bladder cancer is the ninth most common cancer type, and timely detection of the disease is both challenging and expensive. Diagnosis relies mainly on cystoscopy, which is an invasive procedure and difficult in low-resource settings. Even after being diagnosed in early stages when the disease is highly treatable, the relapse and recurrence rates are high.

    “Hence, adequate research and medical interventions are needed to facilitate different medical approaches for the timely detection and treatment. Epidemiological studies focusing on bladder cancer stages with relapse or recurrence can improve treatment outcomes. Additionally, bladder cancer treatment requires a multifaceted approach that integrates medical and surgical interventions, lifestyle modifications, ongoing support, along with immunotherapy, targeted therapy, clinical trials, and follow-up care.”

    *8MM: The US, 5EU (France, Germany, Italy, Spain, the UK), Japan, and urban China.

    MIL OSI Economics

  • MIL-OSI Economics: Egypt marks major achievement with malaria-free certification, but need for global R&D remains significant, says GlobalData

    Source: GlobalData

    Egypt marks major achievement with malaria-free certification, but need for global R&D remains significant, says GlobalData

    Posted in Pharma

    The World Health Organization (WHO) has certified Egypt as being malaria-free, following a near 100-year endeavour by the Egyptian government. Egypt is the third country to be declared malaria-free in the WHO Eastern Mediterranean Region, and the 44th country globally. However, hundreds of millions of cases of malaria are still reported worldwide each year. These staggering numbers reinforce a global need for research and development, particularly for malaria vaccines, says GlobalData, a leading data and analytics company.

    Stephanie Kurdach, Infectious Disease Analyst at GlobalData, comments: “Egypt’s malaria-free certification is a significant achievement, as this is a country which once recorded millions of cases. Unfortunately, the global burden of malaria remains high.”

    The WHO reported nearly 250 million cases of malaria and over 600,000 malaria-related deaths worldwide in 2022.

    In order to be certified malaria-free by the WHO, a country must prove that there has been no local transmission of any human malaria parasites for at least the past three consecutive years. Additionally, a country must maintain a fully functional surveillance and response system to prevent the re-establishment of indigenous transmission.

    Egypt’s efforts to reduce mosquito-borne diseases began in the 1920s, when the country prohibited agricultural crops near homes. Other efforts over the past 100 years have included opening a malaria control station, recruiting thousands of healthcare workers, launching a public health surveillance project, and public education.

    Kurdach continues: “To address the global burden of malaria and work towards global eradication, research and development is critical. Just as Egypt remains obligated to maintain surveillance, diagnosis, and treatment efforts throughout the nation, other nations plagued by malaria are in dire need of robust surveillance systems, diagnostic tools, affordable health care, and malaria vaccines.”

    There are currently only two malaria vaccines which are WHO prequalified* and recommended for use in children: GSK’s Mosquirix and Serum Institute of India’s R21/Matrix-M.

    According to GlobalData, there are 12 other malaria vaccines currently in Phase II development, including vaccines from BioNTech, GSK, the National Institute of Allergy and Infectious Diseases (NIAID), and the University of Oxford. No new malaria vaccines are in Phase III development or pre-registration.

    Kurdach concludes: “There is a serious global unmet need for malaria vaccines, which is evidenced by the late-stage development pipeline. Egypt’s malaria-free certification serves as a reminder and call to action that malaria elimination is possible with increased research and development.”

    *The recommendations of Mosquirix and R21/Matrix-M by the WHO are relatively recent and occurred in 2021 and 2023, respectively.

    MIL OSI Economics

  • MIL-OSI Asia-Pac: FS visits Saudi Arabia

    Source: Hong Kong Information Services

    Financial Secretary Paul Chan led a delegation from the financial and innovation sectors on a visit to Saudi Arabia and attended the Future Investment Initiative in Riyadh.

    While participating in a panel discussion during the conference, Mr Chan stated that Hong Kong is actively promoting the development of green finance and green technology.

    He emphasised that the city could provide capital support for infrastructure and green projects in the Global South and guide funding to new projects through innovative financial products, such as securitised loans.

    In response to questions raised at the panel discussion, Mr Chan highlighted that Hong Kong is collaborating with multiple central banks to launch Project mBridge, aiming for faster, more cost effective, and more secure cross-border payments and settlements.

    He also witnessed the signing of a strategic co-operation agreement between the Hong Kong Science & Technology Parks Corporation and a venture capital firm there. The signatory parties will share resources, recommend startups to each other, facilitate connections within their startup networks, and jointly engage in market promotion and events.

    In the evening, the Financial Secretary attended two receptions. One such function was hosted by Cathay Pacific.

    Mr Chan noted that the goal of his visit is to expand ties between Hong Kong and Saudi Arabia, adding that the resumption of flights between the two places yields huge potential.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on October 30, 2024

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 30, 2024, Wednesday, as under:

    Sl. No. Notified Amount
    (₹ crore)
    Tenor
    (day)
    Window Timing Date of Reversal
    1 75,000 1 11:00 AM to 11:30 AM October 31, 2024
    (Thursday)

    2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/1398

    MIL OSI Economics

  • MIL-OSI Economics: Suzuki and Toyota to Deepen Collaboration in the Field of Electrified Vehicles

    Source: Toyota

    Headline: Suzuki and Toyota to Deepen Collaboration in the Field of Electrified Vehicles

    Suzuki Motor Corporation (Suzuki) and Toyota Motor Corporation (Toyota) have decided to further strengthen collaboration in the supply of a battery EV (BEV) SUV model developed by Suzuki to Toyota. This new model is scheduled to be manufactured at Suzuki Motor Gujarat in India from the spring of 2025.

    MIL OSI Economics

  • MIL-Evening Report: US elections: Editorial writers at LA Times, Washington Post resign after billionaire owners block Kamala Harris endorsements

    Democracy Now!

    This is Democracy Now!, “War, Peace and the Presidency.” I am Amy Goodman, with Juan González:

    The Los Angeles Times and The Washington Post newspapers are facing mounting backlash after the papers’ publishers announced no presidential endorsements would be made this year. The LA Times is owned by billionaire Patrick Soon-Shiong, and The Washington Post is owned by Amazon’s Jeff Bezos.

    National Public Radio (NPR) is reporting more than 200,000 people have cancelled their Washington Post subscriptions, and counting.

    A number of journalists have also resigned, including the editorials editor at the Los Angeles Times, Mariel Garza, who wrote, “How could we spend eight years railing against Trump and the danger his leadership poses to the country and then fail to endorse the perfectly decent Democrat challenger — who we previously endorsed for the U.S. Senate?”

    Veteran journalists Robert Greene and Karin Klein have also resigned from the L.A. Times editorial board.

    At The Washington Post, David Hoffman and Molly Roberts both resigned on Monday from the Post editorial board. Michele Norris also resigned as a Washington Post columnist, and Robert Kagan resigned as editor-at-large.

    David Hoffman, who just won a Pulitzer Prize for his series “Annals of Autocracy,” wrote, “I believe we face a very real threat of autocracy in the candidacy of Donald Trump. I find it untenable and unconscionable that we have lost our voice at this perilous moment.”

    David Hoffman joins us now, along with former Los Angeles Times editorials editor Mariel Garza.

    David Hoffman, let’s begin with you. Explain why you left The Washington Post editorial board. Oh, and at the same time, congratulations on your Pulitzer Prize.

    DAVID HOFFMAN: Thank you very much.

    I worked for 12 years writing editorials in which I said over and over again, “We cannot be silent in the face of dictatorship, not anywhere.” And I wrote about dissidents who were imprisoned for speaking out.

    And I felt that I couldn’t write another editorial decrying silence if we were going to be silent in the face of Trump’s autocracy. And I feel very, very strongly that the campaign has exposed his intention to be an autocrat.

    JUAN GONZÁLEZ: And, David Hoffman, is there any precedent for the publisher of The Washington Post overruling their own editorial board?

    DAVID HOFFMAN: Yeah, there’s lots of precedent. It’s entirely within the right of the publisher and the owner to do this. Previous owners have often told the editorial board what to say, because we are the voice of the institution and its owner. So, there’s nothing wrong with that.

    What’s wrong here is the timing. If they had made this decision early in the year and announced, as a principle, they don’t want to issue endorsements, nobody would have even blinked. A lot of papers don’t. People have rightly questioned whether they actually have any impact.

    What matters here was, we are right on the doorstep of the most consequential election in our lifetimes. To pull the plug on the endorsement, to go silent against Trump days before the election, that to me was just unconscionable.

    JUAN GONZÁLEZ: And, Mariel Garza, could you talk about the situation at the LA Times and your reaction when you heard of the owner’s decision?

    MARIEL GARZA: Certainly. It was a long conversation over the course of many weeks. We presented our proposal to endorse Kamala Harris. And, of course, there was — to us, there was no question that we would endorse her. We spent nine years talking about the dangers of Trump, called him unfit in 5 million ways, and Kamala Harris is somebody that we know. She’s a California elected official.

    We’ve had a lot of conversations with her. We’ve seen her career evolved. We were going to — we were going to endorse her. And there was no indication that we were going to suddenly shift to a neutral position, certainly not within a few weeks or months of the election.

    At first, we didn’t get a clear answer — sounds like it’s the same situation that happened at The Washington Post — until we pressed for one. We presented an outline with — these are the points we’re going to make — and an argument for why not only was it important for us, an editorial board whose mission is to speak truth to power, to stand up to tyranny — our readers expect it.

    We’re a very liberal paper. There is no — there is no question what the editorial board believes, that Donald Trump should not be president ever.

    AMY GOODMAN: Mariel, I wanted to —

    MARIEL GARZA: So, it was perplexing. It was mystifying. It was — go ahead.

    AMY GOODMAN: Mariel, I wanted to get your response to the daughter of the LA Times owner. On Saturday, Los Angeles Times owner Patrick Soon-Shiong’s daughter Nika Soon-Shiong posted a message online suggesting that her father’s decision was linked to Kamala Harris’s support for Israel’s war on Gaza.

    Nika wrote, “Our family made the joint decision not to endorse a presidential candidate. This was the first and only time I have been involved in the process.

    “As a citizen of a country openly financing genocide, and as a family that experienced South African Apartheid, the endorsement was an opportunity to repudiate justifications for the widespread targeting of journalists and ongoing war on children,” she wrote.

    Her father, Patrick Soon-Shiong, later disputed her claim, saying that she has no role at the Los Angeles Times. Mariel Garza, your response?

    MARIEL GARZA: Look, I really don’t know what to say, because I have — that was — if that was the case, it was never communicated to us. I do not know what goes on in the conversation in the Soon-Shiong household. I know that she is not — she does not participate in deliberations of the editorial board, as far as I know. I’ve never spoken to her.

    We all know how she feels about Gaza, because she’s a prolific tweeter. So, I really can’t say. And this is part of the bigger problem, is we were never given a reason for why we were being silent.

    If there was a reason — say it was Israel — we could have explained that to readers. Instead, we remain silent. And that’s — I mean, this is not a time in American history where anybody can remain silent or neutral.

    JUAN GONZÁLEZ: And, David Hoffman, this whole issue has been raised by some critics of Jeff Bezos that his company has a lot of business with the US government, and whether that had any impact on Bezos’s decision. I’m wondering your thoughts.

    DAVID HOFFMAN: I can’t be inside his mind. His company does have big business, and he’s acknowledged it’s a complicating factor in his ownership. But I can’t really understand why he made this decision, and I don’t think it’s been very well explained. His explanation published today was that he wants sort of more civic quiet, and he thought an endorsement would add to the sense of anxiety and the poisonous atmosphere.

    But I disagree with that. I think, like in the LA Times, I think readers have come to expect us to be a voice of reason, and they’ve looked to endorsements at least for some clarity. So, frankly, I also feel that we’re still lacking an explanation.

    AMY GOODMAN: You know, you have subtitle, the slogan of The Washington Post, of course, “Democracy Dies in Darkness.” It’s being mocked all over social media. One person wrote, “Hello Darkness My Old Friend.”

    David Hoffman, your response to that? But also, you won the Pulitzer Prize for your series “Annals of Autocracy,” and you talk about digital billionaires, as well, and what this means. How does this fit into your investigations?

    DAVID HOFFMAN: You know, I would hope everybody would understand and acknowledge that we’ve done a lot of good for democracy and human rights. You know, I’ve had governments react sharply to a single editorial. When we call them out for imprisoning dissidents, it matters that we are very widely read.

    And that’s another reason why I feel this was a big mistake, because we actually were on a path, for decades, of championing democracy and human rights as an institution.

    And, you know, I have to tell you, I wrote a book in Russia about oligarchs. I understand how difficult it is when you have a lively and independent group of journalists. And ownership really matters. And, you know, we’re not just another widget company.

    This is actually a group of very, very deep-thinking and oftentimes very aggressive people that have a desire to change the world. That’s the kind of journalism that The Washington Post has sponsored and engaged in.

    In 2023, we published a series of editorials that took a look deep inside how China, Russia, Burma, you know, other places — how these autocracies function. One of the findings was that many of these dictatorships are using technology to clamp down on dissent, even things as tiny as a single tweet.

    Young people, young college students are being thrown in prison in Cuba, in Belarus, in Vietnam. And I documented these to show how this technology actually isn’t becoming a force for freedom, but it’s being turned on its head by dictatorship.

    AMY GOODMAN: We have to leave it there, David Hoffman, Washington Post reporter, stepped down from the Post editorial board when they refused to endorse a presidential candidate; Mariel Garza, LA Times editorials editor who just resigned.

    I’m Amy Goodman, with Juan González.

    This programme is republished under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States Licence.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Asia-Pac: AFCD reports to Expert Group on Conservation of Marine Mammals on progress of work and way forward

    Source: Hong Kong Government special administrative region

         The Expert Group on Conservation of Marine Mammals held its second meeting today (October 29). The Agriculture, Fisheries and Conservation Department (AFCD) reported to the Expert Group on the progress and way forward of the Government’s work on enhancing conservation of marine mammals, including exchanges with agencies with relevant experience, raising public awareness and knowledge of conservation of wildlife (including marine mammals), and review of legislation in relation to the protection of marine mammals.
          
         The specific progress and way forward points were as follows:
     
    (1) Exchange with agencies with relevant experience: The AFCD earlier sent staff to the Beibu Gulf Cetacean Research and Protection Center at Beihai, Guangxi, and Southern Marine Parks, Queensland, Australia, to exchange and learn from their experience in handling marine mammal stranding cases; legislation, management and research on the protection of cetaceans; as well as communication with the public, publicity and education, etc. The department has suitably applied the relevant experiences in their follow-up work such as the formulation of a response plan and legislative review, etc. To prepare for future operations involving field rescues, rehabilitation, and release of stranded whales and dolphins, the department plans to organise a visit to Sanya, Hainan, as there was  a recent successful release of an injured short-finned pilot whale following its rescue and rehabilitation during the period from January to May 2024;
     
    (2) Enhancing publicity and education: The AFCD has conducted a series of public education activities, targeting not only the general public, but also government departments, marine users, students and teachers, with a view to deepening their understanding of Hong Kong’s marine environment and wildlife, raising their awareness of respecting, caring for and appreciating marine resources, and promoting the best practices that minimise the disturbance to cetaceans and fostering a sense of shared stewardship on the protection of wild cetaceans and their habitats. Among others, the AFCD organised the Marine Wildlife Appreciation Festival from January to March 2024 to promote the message of marine conservation to the public.  The AFCD will also prepare to organise a Marine Wildlife Appreciation Roving Exhibition to display the preserved skeleton of Bryde’s whale found in Hong Kong waters in July last year to further raise public awareness on protection of marine mammals; and
     
    (3) Legislative review: The Government has commenced the review of the legislation in relation to the protection of marine mammals. The preliminary suggestions are for the Director of Agriculture, Fisheries and Conservation to be given new power to designate certain areas of Hong Kong waters as a “Temporary Marine Restricted Area” for the purpose of protecting cetaceans when necessary, such as the situation of a non-resident whale appearing in Hong Kong waters, conferring a legal status on the existing Code of Conduct for Dolphin Watching, and exploring the feasibility of a prohibition on watching non-resident cetaceans.
          
         During the meeting, the Expert Group supported the relevant recommendations and direction of work proposed by the AFCD. The AFCD expressed gratitude for the constructive advice offered by the Expert Group and will take into account the views and continue to work with the Expert Group, with a view to enhancing the work of marine mammal conservation.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Heritage Museum Buddhist artefacts exhibition displays 70 treasures including thangka paintings and gilt-bronze Buddhist statues (with photos)

    Source: Hong Kong Government special administrative region

    Heritage Museum Buddhist artefacts exhibition displays 70 treasures including thangka paintings and gilt-bronze Buddhist statues (with photos)
    Heritage Museum Buddhist artefacts exhibition displays 70 treasures including thangka paintings and gilt-bronze Buddhist statues (with photos)
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         The Hong Kong Heritage Museum (HKHM) will stage the exhibition “Buddhist Pilgrimage: Treasures from the Donation of The Tsui Art Foundation” starting tomorrow (October 30) by selecting 70 Buddhist treasures from the ancient Chinese artefacts collection donated by the late Dr Tsui Tsin-tong for display. Precious exhibits include thangka paintings, gilt-bronze Buddhist statues and rare artefacts such as ritual objects and scriptures. With a multimedia educational display zone, the exhibition, with free admission, aims to present the introduction of Buddhism to China, its influence from the historical, artistic and cultural perspectives, as well as its impact on cultural exchanges between China and other countries.           The opening ceremony of the exhibition was held today (October 29). Addressing the ceremony, the Acting Director of Leisure and Cultural Services, Miss Eve Tam, said that during the early stage of the development of the HKHM, Dr Tsui provided full support in establishing the T. T. Tsui Gallery of Chinese Art, where the precious artefacts he donated to the HKHM were on display. Having witnessed the dispersal of Chinese artefacts abroad, Dr Tsui determined to protect the treasures. Through years of dedicated study and acquisition, he gradually built an extensive thangka art collection. Dr Tsui’s passion for collecting Chinese artefacts transcends mere personal interest, embodying his significant contribution to the cause of Chinese national rejuvenation.           Other officiating guests included representatives of the Tsui Art Foundation Mr Tsui Ho-chuen and Ms Tsui Ching-ming; the Chairman of the History Sub-committee of the Museum Advisory Committee, Professor Joshua Mok; and the Museum Director of the HKHM, Mr Brian Lam.           The Tibetan Buddhist artefacts showcased in this exhibition are all acquired by Dr Tsui through his extensive travels and purchases since the 1970s, including 29 exquisite thangka paintings from the 17th to the 20th century, 18 gilt-bronze Buddhist statues and 23 rare ritual objects, scriptures and other items. Being an artistic form unique to Tibetan Buddhism, thangkas typically portray major Buddhist deities or respected religious patriarchs surrounded by a divine entourage on cotton or silk, to illustrate the stories of their lives or the realms over which they preside. The gilt-bronze Buddhist statues demonstrate the artisanship and the ingenuity of the metalworking craft, reflecting the mutual influence exerted by the cultures of the region throughout various periods.           Highlight exhibits include “Votive thangka of Padmasaṃbhava”, which is the largest thangka on display at this exhibition, measuring 254.5 centimetres high and 202cm wide. The content of this thangka is based on the “Pad-ma thang-yig” (Life of the Master Padmasaṃbhava), and describes the charitable and pious deeds performed during the life of a great religious master. Another thangka, “Amitābha”, portrays the main deity Amitābha in the centre and being surrounded by the Eight Great Bodhisattvas. The layout of the work is extremely detailed and powerful. The delicately painted “Eleven-faced Avalokiteśvara”, with vivid colours, depicts an Avalokiteśvara with eight hands. The first pair of hands is held together in front of the chest, holding a precious jewel. The three hands on the right hold crystal beads, the Wheel of the Law, and the lower hand is in the “abhaya mudrā”. On the left, the hands hold a lotus, a bow and arrows, as well as a kuṇḍikā. “Gilt-bronze figure of Bodhisattva Avalokiteśvara” wears a pair of big earrings, and his exposed chest is adorned with strings of jewellery inlaid with turquoise. In addition, an exquisitely decorated “Conch shell” and a hand written “Buddhist sutra” with illustrations are also on display.           The curatorial team of the HKHM specially designated a multimedia educational display zone, utilising presentation techniques and multimedia installations alongside the artefacts on display, with a view to deepening visitors’ understanding of the inclusiveness of Chinese culture and enhancing their interest in Chinese history and culture. The HKHM also commissioned designer Chiu Kwong-chiu and his team to produce an animation to interpret the pilgrimage to India of the great Buddhist master of the Tang dynasty, Xuanzang, and the contribution he made to cultural exchanges between China and the world. The multimedia installations manifest the influence of Buddhist culture in daily life in a lively way, such as pointing out the Buddhist origins behind everyday expressions, and briefly describing the content of the Heart Sutra and displaying the beauty of calligraphy.           For details of the exhibition, please visit hk.heritage.museum/en/web/hm/exhibitions/data/buddhist2024.html, or call 2180 8188 for enquiries.           The exhibition is one of the activities of the Chinese Culture Promotion Series. The Leisure and Cultural Services Department has long been promoting Chinese history and culture through organising an array of programmes and activities to enable the public to learn more about the broad and profound Chinese culture. For more information, please visit www.lcsd.gov.hk/en/ccpo/index.html.

     
    Ends/Tuesday, October 29, 2024Issued at HKT 19:45

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    MIL OSI Asia Pacific News

  • MIL-OSI: Captivision Announces Venture at Dream Hollywood Hotel

    Source: GlobeNewswire (MIL-OSI)

    MIAMI and SEOUL, Korea, Oct. 29, 2024 (GLOBE NEWSWIRE) — Captivision Inc. (“Captivision” or the “Company”) (Nasdaq: CAPT), a pioneer manufacturer of architectural media glass and innovative LED solution provider, today announced its first collaboration with the Dream Hollywood hotel in Los Angeles. Crescent Hotels & Resorts, a leading hotel management company, manages Dream Hollywood. The property is part of Hyatt’s global portfolio of hotels, under the Dream Hotels brand.

    The collaboration catalyzes Captivision’s expansion into digital out-of-home (“OOH”) in a high-profile Los Angeles location with extraordinary partners. Unlike traditional LED signage, Captivision is creating a uniquely transparent and vibrant digital display, generating a new recurring revenue stream for the Company and its partners. This groundbreaking venture is emblematic of Captivision’s broadening business model as a trusted solution provider featuring highly innovative and transformational technology. The Dream Hollywood display is expected to generate in excess of three million social media impressions annually. Playing a pivotal role in the creation and operation of the OOH digital media at the Dream Hollywood, California-based company, Integrated Market Optimization, Inc. and Smart City Labs, have partnered with Captivision to bring their expertise and industry-leading solutions to this high-profile project.

    “Joining forces with Dream Hollywood is a pivotal venture for our company in multiple respects,” said Gary Garrabrant, Chairman and CEO of Captivision. “Captivision is quickly becoming a solution provider across the LED product spectrum generating entirely new revenue streams with valued partners and clients. We believe this collaboration will kickstart an exciting new chapter of growth for Captivision in the United States and globally.”

    Dream Hollywood (Façade Render)

    Captivision’s transparent and non-transparent LED media solutions provide a versatile and dynamic platform showcasing high-resolution content without compromising architectural integrity and user experience. This seminal venture combines cutting-edge physical and streaming technology to generate social media driven advertising revenue, the first of what promises to be many meaningful applications with recognized and valued partners and clients.

    About Captivision
    Captivision is a pioneering manufacturer of media glass, combining IT building materials with architectural glass. The product has a boundless array of applications including entertainment media, information media, cultural and artistic content as well as marketing use cases. Captivision can transform any glass façade into a transparent media screen with real time live stream capability. Captivision is fast becoming a solution provider across the LED product spectrum.

    Captivision’s media glass and solutions have been implemented in hundreds of locations globally across sports stadiums, entertainment venues, casinos and hotels, convention centers, office and retail properties, and airports. Learn more at http://www.captivision.com.

    About Crescent Hotels & Resorts
    Crescent Hotels & Resorts is an award-winning, nationally recognized, operator of hotels and resorts with over 120 properties in the United States and Canada. Crescent is one of the few elite management companies approved to operate upper-upscale and luxury hotels under the brand families of Marriott, Hilton, and Hyatt. Crescent also works a collection of independent and lifestyle properties under the Latitudes Collection umbrella. These properties include PGA National Resort, The Opus Westchester, Autograph Collection, and NOPSI Hotel New Orleans. Powered by innovative, forward thinking experts, Latitudes is a modern management platform for lifestyle hotels and resorts where creative concepts connect with modern travelers from urban boutique hotels to oceanside resorts.

    Crescent’s clients include premiere REITs, private equity firms and major developers. For more information, please visit www.crescenthotels.com and www.latitudesbycrescent.com or connect with Crescent on LinkedIn.

    Cautionary Note Regarding Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements include, without limitation, statements relating to expectations for future financial performance, business strategies, or expectations for the Company’s respective businesses. These statements are based on the beliefs and assumptions of the management of the Company. Although the Company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot assure you that it will achieve or realize these plans, intentions or expectations. These statements constitute projections, forecasts, and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “believe”, “can”, “continue”, “expect”, “forecast”, “may”, “plan”, “project”, “should”, “will” or the negative of such terms, and similar expressions, may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

    The risks and uncertainties include, but are not limited to: (1) the ability to raise financing in the future and to comply with restrictive covenants related to indebtedness; (2) the ability to realize the benefits expected from the business combination and the Company’s strategic direction; (3) the significant market adoption, demand and opportunities in the construction and digital out of home media industries for the Company’s products; (4) the ability to maintain the listing of the Company’s ordinary shares and warrants on Nasdaq; (5) the ability of the Company to remain competitive in the fourth generation architectural media glass industry in the face of future technological innovations; (6) the ability of the Company to execute its international expansion strategy; (7) the ability of the Company to protect its intellectual property rights; (8) the profitability of the Company’s larger projects, which are subject to protracted sales cycles; (9) whether the raw materials, components, finished goods, and services used by the Company to manufacture its products will continue to be available and will not be subject to significant price increases; (10) the IT, vertical real estate, and large format wallscape modified regulatory restrictions or building codes; (11) the ability of the Company’s manufacturing facilities to meet their projected manufacturing costs and production capacity; (12) the future financial performance of the Company; (13) the emergence of new technologies and the response of the Company’s customer base to those technologies; (14) the ability of the Company to retain or recruit, or to effect changes required in, its officers, key employees, or directors; (15) the ability of the Company to comply with laws and regulations applicable to its business; and (16) other risks and uncertainties set forth under the section of the Company’s Annual Report on Form 20-F entitled “Risk Factors.”

    These forward-looking statements are based on information available as of the date of this press release and the Company’s management team’s current expectations, forecasts, and assumptions, and involve a number of judgments, known and unknown risks and uncertainties and other factors, many of which are outside the control of the Company and its directors, officers, and affiliates. Accordingly, forward-looking statements should not be relied upon as representing the Company management team’s views as of any subsequent date. The Company does not undertake any obligation to update, add or to otherwise correct any forward-looking statements contained herein to reflect events or circumstances after the date they were made, whether as a result of new information, future events, inaccuracies that become apparent after the date hereof or otherwise, except as may be required under applicable securities laws.

    Media Contact:
    Dukas Linden Public Relations
    +1 212.704.7385
    captivision@dlpr.com

    Investor Contact:
    Gateway Group
    Ralf Esper
    +1 949.574.3860
    CAPT@gateway-grp.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4835d4a9-4083-475d-996e-b09ab5decf06

    The MIL Network

  • MIL-OSI Asia-Pac: Choi Yuk-lin leads pupils to Jiangxi

    Source: Hong Kong Information Services

    Secretary for Education Choi Yuk-lin and participants of the first Mainland study tour of the senior secondary subject of Citizenship & Social Development (CS) to Jiangxi today attended the tour’s kick-off ceremony and visited several spots in Jiangxi.
     
    More than 100 students and teachers from Kowloon True Light School participated in the study tour.
     
    While addressing those gathered at the ceremony held at Ganzhou Middle School, Ms Choi said that Mainland study tours form an integral part of the CS curriculum that enables students to understand the latest developments and achievements of the country in person.
     
    She added that the Education Bureau has received very positive comments from students and teachers after it arranged for over 90,000 students to visit different places on the Mainland since last year. 

    To provide students with a more diversified learning experience, the number of routes has increased to 28 in this academic year, with 10 routes outside Guangdong Province for four to five days.
     
    The education chief thanked the Fourth Bureau of the State Council Hong Kong & Macao Affairs Office, the Office of Hong Kong, Macao & Taiwan Affairs of the Ministry of Education, the Department of Educational, Scientific & Technological Affairs of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region, and the Department of Education of Jiangxi Province for their care for Hong Kong students, and the Ganzhou Municipal Education Bureau for its thoughtful arrangements, facilitating the smooth implementation of the study tour.
     
    She stressed that the Education Bureau will continue leading students to undertake study tours on themes such as history and culture, aerospace technology, rural revitalisation, economic development and environmental conservation to further enrich their learning experience.
     
    Ms Choi also said she hopes that students will treasure the opportunities to integrate reading with travelling, delve into the history, culture and national affairs of the country, and strengthen their affection for and sense of belonging to the nation.
     
    Following the ceremony, Ms Choi signed a memorandum of understanding on education co-operation between Jiangxi and Hong Kong with a representative from the Department of Education of Jiangxi Province.
     
    She also witnessed the pairing up of Kowloon True Light School and Ganzhou Middle School as sister schools.
     
    Subsequently, she and the delegation visited the memorial garden for the Long March Starting Point of the Central Red Army and the departure place of the first ferry of the Long March to learn about the Long March Spirit.
     
    The four-day study tour began yesterday, in which Ms Choi led members of the tour to visit Sanbai Mountain in Anyuan County, where the origin of Dongjiang is located.
     
    They attended an activity in commemoration of the 60th anniversary of Dongjiang water supply to Hong Kong to pay tribute to the country for its effort in protecting the source of drinking water.
     
    After that, the delegation visited the national education base for Hong Kong youths and the museum on the origin of Dongjiang water to learn about the history of Dongjiang’s water supply to Hong Kong.
     
    Ms Choi will depart for Beijing tomorrow to continue her visit, while the delegation will press on with touring locations in Jiangxi to learn about the local history, culture and enterprise development.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: SJ attends conference in Singapore

    Source: Hong Kong Information Services

    Secretary for Justice Paul Lam today attended the 14th China-ASEAN Prosecutors-General Conference in Singapore, where he delivered a speech at the plenary session.

    The conference, organised by the Attorney-General’s Chambers of Singapore, brought together officials, prosecutors and legal experts from 13 delegations to share their views on the conference’s theme “Fostering Co-operation on Combating Financial Crimes”.

    Addressing the plenary session, Mr Lam elaborated that Hong Kong has been adopting a multipronged approach in combating financial crimes with international elements, including adopting international regulatory standards, establishing a collaborative network for effective prosecution and asset recovery, making better use of emerging technologies and encouraging knowledge and experience sharing, in order to build a trustworthy and secure financial environment.

    He also mentioned that Hong Kong has established a comprehensive co-operation regime for the mutual legal assistance and surrender of fugitives, and that geopolitical considerations should not be allowed to hinder international co-operation in fighting financial crimes.

    The fight against financial crimes with international elements is a daunting and ongoing challenge, Mr Lam said, adding that he hoped Hong Kong and all other jurisdictions will continue to strengthen collaboration to jointly combat related crimes.

    At the conference’s closing session, the justice chief remarked that the 15th China-ASEAN Prosecutors-General Conference will be held in Hong Kong next year.

    During his visit to Singapore, Mr Lam attended other related activities. As a member of the Chinese delegation, he attended bilateral meetings between the delegation and member states of the Association of Southeast Asian Nations – Singapore, Myanmar, Vietnam, Brunei, Laos and Thailand, to exchange views on issues of mutual interest.

    Yesterday, he attended a lecture given by Prosecutor-General of the Supreme People’s Procuratorate Ying Yong on the theme “The Chinese Prosecutorial System in the Process of Comprehensive Implementation of the Rule of Law”.

    Mr Lam will conclude his visit to Singapore tomorrow and return to Hong Kong.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: EEB signs Cooperation Arrangement on Capacity Building for Ecological and Environmental Protection Staff with Hong Kong and Macao Affairs Office of the Ministry of Ecology and Environment (with photos)

    Source: Hong Kong Government special administrative region

         The Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong and Macao Affairs Office of the Ministry of Ecology and Environment (HKMAO of MEE) of the People’s Republic of China signed the Cooperation Arrangement on Capacity Building for Ecological and Environmental Protection Staff today (October 29). The Cooperation Arrangement leverages on the HKSAR’s advantages to strengthen the work of both parties on implementing international environmental conventions and pressing ahead with the ecological and environmental protection work for the green Belt and Road.
         
         The Cooperation Arrangement was signed by the Permanent Secretary for Environment and Ecology (Environment), Miss Janice Tse, and the Director of the HKMAO of MEE, Ms Zhou Guomei. It covers the strengthening of high-level exchanges, information sharing, staff training and related capacity building, as well as organisation of and participation in important events in respect of ecological and environmental protection. The Secretary for Environment and Ecology, Mr Tse Chin-wan, and the Secretary of the Leading Party Members Group and Vice Minister of the MEE, Mr Sun Jinlong, attended the signing ceremony.
         
         The implementation of the Cooperation Arrangement will effectively promote exchanges between high-level officials of both sides; pressing ahead with the establishment of effective, reliable and efficient communication channels; strengthening the sharing of information, documents, reports and data on international environmental conventions and green Belt and Road development; and taking forward training and related capacity building for ecological and environmental protection staff including arranging staff exchanges and learning in respective organisations.
         
         The delegation from the MEE will join Eco Expo Asia 2024 during their stay in Hong Kong, and the head of delegation, Mr Sun, the Secretary of the Leading Party Members Group and Vice Minister of the MEE, will give a speech at the opening ceremony of Eco Expo Asia 2024 tomorrow (October 30).           

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: “I would be interested in talking to Chinese farmers”

    Translation. Region: Russian Federation –

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

    Veronika Smirnova studies the Chinese approach to global food security and spent a year at the Renmin University of China in Beijing. In an interview with the HSE Young Scientists project, she spoke about Xi Jinping’s flagship initiatives, her interest in FAO’s John Boyd Orr, and her love of malatan and xiao long bao.

    How I got started in science

    It wasn’t a strategic plan. Science chose me, like many future scientists who enjoyed studying many subjects at school. Surprisingly, math and physics were the easiest for me, but I ended up choosing the humanities.

    Around the 9th grade, I thought about what direction I would like to choose in the future, and the topic of international relations seemed interesting to me. At that time, I was not yet interested in Chinese culture, I only heard in the news that Russian-Chinese relations were developing at a rapid pace. When it was time to choose a second language (internationalists always learn two), I spent a long time choosing between German and French. But then something sank in my heart, and I began to study Chinese, not yet knowing what awaited me in the future. This is how my love for China began, I gradually began to take an interest in culture and politics.

    In my undergraduate studies at Nizhny Novgorod State University, we had amazing courses on analytics for government bodies. I really liked this subject, and I became interested in working in this field. When I went to the master’s program at HSE, I saw that CCEMI, where I now work, was recruiting interns, and I applied. That’s how my path in science began. Then I went to graduate school and continued scientific research.

    What am I studying?

    China’s participation in the global food security system. Interest in this topic did not develop immediately. In my bachelor’s degree, I studied more about culture and soft power. But in my master’s degree, I thought: I would like to study something more practice-oriented, which could contribute to the improvement of Russian-Chinese relations. The food topic found me itself.

    The HSE education system involves earning several credits for projects during the course of study. In my Master’s program, I chose a project that was conducted by the School of Oriental Studies together with Azbuka Vkusa. Against the backdrop of Covid, we studied how retail is developing in Asian countries. I was doing research on China. And then one of the teachers said that there was an opportunity to do an internship at the UN.

    At first I wasn’t interested, but my friend, who had this experience, explained that it was a very interesting track where you act as a manager of an educational course.

    I applied for the next intake and was accepted to this project. The internship was online. I helped organize a course for UNITAR (United Nations Institute for Training and Research) and FAO (FAO, Food and Agriculture Organization of the United Nations). The course was designed for officials from the post-Soviet space on the topic of agriculture in international trade agreements.

    I thought it was an interesting topic because China and Russia were developing relations in the agricultural sector, so I decided to take it up more seriously and continued to study it in graduate school.

    What was my master’s thesis about?

    I studied Chinese concepts in global governance. This topic is close to my PhD thesis, where I examine how China promotes its approaches to food security co-operation internationally.

    In my master’s degree, I was interested to see how China’s policy ambitions are growing in practical terms, what approaches it offers – whether it is trying to take the place of the United States or is offering something unique.

    I decided to look at the theoretical approaches of Chinese scholars and compare them with the statements of Chinese leaders Hu Jintao and Xi Jinping. And I saw that, in principle, the same thing happened to the concept of global governance developed in the West as to many other Western concepts in China – from complete rejection to active participation.

    At first, China came out with sharp criticism, claiming that the concept was aimed at Western countries controlling global development. Then with interest – how to apply it with Chinese specifics. Then, gradual testing began in specific areas. For example, Chinese scientists separately studied issues of sovereignty, participation of non-profit organizations. And already at the next stage, they proposed their own approaches.

    At the same time, Chinese leader Xi Jinping put forward the concept of a Community of Shared Future for Humanity and the flagship Belt and Road Initiative, and Chinese scholars were studying how to develop global governance together with other countries through these projects.

    What is the Community of Shared Destiny for Humanity?

    Xi Jinping put forward this concept in 2013 — by the way, he first spoke about it in Moscow, at MGIMO. At the first stage, it was quite simple, it could be characterized by his words: “In me there is you, in you there is me.” The world is interconnected, and we need to manage things together, because if one participant starts having problems (as we saw during the pandemic), they arise for others as well.

    A more correct translation of the name is “the concept of a common destiny.” “A common destiny” implies unification. And China insists that everyone has the right to follow their own path of development, and this community is expressed in the fact that we develop together, but in different ways.

    Why China Believes the World Needs Food Security

    China is primarily interested in ensuring internal security. It relies on the concept of self-sufficiency. This issue is particularly sensitive for it. In the past, periods of famine were associated with political instability.

    During the Cold War, when China suffered famine, the country also faced a food embargo from the United States. And now China believes that “it must hold the rice bowl firmly in its own hands,” as Xi Jinping says.

    But having joined the WTO and participated in world trade, one cannot be completely autonomous. If there are problems in the food security sphere somewhere, it affects everyone. China is interested in maintaining general world stability. It is also developing cooperation in the “south-south” direction. This is cooperation between a developing country and a similar country, where it acts not as a donor, but as a partner, sharing its experience in solving problems.

    In the area of food security, China’s experience is a strong case: the country was able to defeat hunger with very few resources, land and water. Therefore, this is one of the key areas for cooperation with developing countries. China focuses on them, and mainly seeks to develop partnerships with them.

    Russian-Chinese relations

    Our relations are now at the peak of prosperity. During the Cold War, Sinologists had a hard time. Relations were tense, we had different views on what communism should be. The Chinese reacted quite sharply to the debunking of Stalin’s personality cult. We had border conflicts. China then, especially against the backdrop of rapprochement with the United States, diverged even more from the USSR.

    I remember my first academic supervisor in my bachelor’s degree told me that he was criticized in his close circle for studying the language of a country where he would never go, with which we are at odds. But he said that he was right. The prerequisites for normalizing relations began to emerge in the Brezhnev era, later the issues of demarcation and delimitation of the border were resolved, economic relations also developed, and now our relations have become the best.

    What results and achievements I am proud of

    I spent the last year in China, and returned in July. I was accepted to the New Sinology program for postgraduate students. It is designed to develop new approaches to China studies, building connections so that scholars can see their subject up close. I chose Renmin University of China, one of the largest in Beijing. I was able to work on my topic with a Chinese supervisor, Professor Song Wei, who is developing the theoretical framework I used in my work.

    My other achievements are not really in the scientific sphere. Within my center, I am actively involved in the implementation of joint humanitarian projects between Russia and China.

    We organized a Russian-Chinese summer school for students, and we had a project called “China Perspective,” where students from our department met with China experts and learned how to build a career in cooperation with the PRC.

    Basically, my journey of getting to know HSE and CCEIS began with me being a participant in the Russian-Chinese summer school — the 9th intake. And the next time, I was already on the organizing committee. The school was held online because of COVID, but there were many participants, some even joined from Brazil.

    What I dream about

    I am very interested in getting more field experience. For example, going to Chinese villages and talking to farmers. In China, most agricultural products are still produced on small farmsteads.

    Where I was in China

    I traveled a lot around China, visited ten cities: Beijing, Shanghai, Shenzhen, Hangzhou, Suzhou, Xi’an, Luoyang, Tianjin, Chengdu and Chongqing. In Shanghai, colleagues from my center organized a conference of the Valdai Club together with the East China Normal University. I was included in the delegation.

    There was also a trip to a conference in Shenzhen, to MSU-PPI – a joint university of Moscow State University and Beijing Polytechnic University. I already went to other cities with friends, to immerse myself in Chinese culture. A guy from India studied with me on the program, we became friends, he was more advanced in studying Chinese culture, and I went on my first trip with him.

    Science for me is a way of life, a space of connections. You are constantly looking for something to talk about, something to study.

    If I hadn’t become a scientist, I could have become a manager or producer of educational courses in the humanities. I still combine this with my scientific career, but I would have concentrated on it.

    Who would I like to meet?

    For my dissertation, I would like to meet the first FAO Secretary-General, John Boyd Orr, and talk more about his failed initiatives. My research is more in the area of international cooperation, while his research is specifically looking at how certain policies reduce malnutrition in the world.

    I was very inspired by the history of the creation of FAO. Boyd Orr was the first Secretary-General, he stood at its origins. He advocated a comprehensive approach to food security. At that time, food security was considered to be only access to products and their availability. He suggested looking at the problem more broadly and advocated that the newly formed organization should control not only development issues and information collection, but also trade, production, and food delivery.

    For example, during World War II, scientists discovered that if you increase the rations for pregnant women, then infant mortality drops sharply. They made several such discoveries, were inspired, and thought that this new knowledge would allow them to significantly reduce hunger within the organization.

    But due to the onset of the Cold War, due to the importance and criticality of this topic for the world’s major powers, there was not enough space for trust to be created so that a common supranational structure in the form of a UN institution could control all these processes.

    What my typical day looks like

    Now my typical day is loaded with work: the last year of graduate school, finishing my dissertation, going to the pre-defense. So I wake up, have breakfast, go to work and sit here for a long time. I solve work issues, and when I have a free minute, I finish the text of the dissertation.

    What will I do after my defense?

    I will continue working at CCEMI. I think that there will be more time for scientific work. I would like to study the topic of Russian-Chinese agricultural cooperation in more detail. It is also interesting to look at the development of the foodtech sphere in China, startups in this area. I would also try to publish in Chinese journals. They are not taken into account in our systems, which is critical for a postgraduate student, and after the defense this issue will no longer be so acute.

    Do I get burnout?

    I think it was at the beginning, when I didn’t understand how to combine work and study, but here my colleagues helped. We have a friendly atmosphere in the team, everyone supports each other. I adhere to the approach that there are always many interesting projects, but it is important to refuse most of them and concentrate on the most important, otherwise burnout can occur.

    What are my interests besides science?

    I love yoga. It helps me maintain a sports regimen during periods of intense work. I also like digital drawing, sometimes I even do something design-related. At the launch stage of our project “Chinese Perspective”, I made posters for the VKontakte group.

    Where do I recommend starting your acquaintance with China?

    I would recommend looking at VK groups dedicated to China. In our Russian-speaking community, for example, there is a group called “Grey Mocha” that publishes cultural notes about China. The Vyshka Chinese Club also provides a lot of useful information.

    China has its own social networks. If you want to watch Chinese videos, you should go not to YouTube, but to Bilibili and Kuaishou. WeChat is a must to communicate with Chinese colleagues. They have an interesting service called “Little Red Book” — something like a combination of Instagram and Telegram, it helped me a lot while traveling around China. You can type in “Tasty places there,” and it will show you. You could even find out which of the many cafeterias at my university serves the best food. Or figure out how to take a photo in the Temple of Heaven without people being visible. But to immerse yourself in the Chinese blogosphere, you need to know the language and understand how it works. If you come to China with only English, it will be more difficult.

    The leading contemporary Chinese writer

    Probably Mo Yan. In the book “Frogs” he describes the social reality of the “One Family – One Child” era. I also liked the plot of the book “Children of the Herd Age” written by Liu Zhenyun. One of the stories describes how a man gave a large ransom for a woman, and she ran away with this ransom without marrying him, and his sister tries to find her.

    Popular Chinese Attractions Among Russians

    Beijing, Shanghai and Harbin — because of the proximity of the border. In Beijing, the heritage of ancient culture is interesting: the Forbidden City, the Temple of Heaven, the Great Wall of China. In Shanghai, people walk along the embankment, look at the Pearl Tower, there are more monuments of Western culture there. Hainan Island is also popular, especially among residents of Siberia and the Far East. The sea there is very clean. There are many interesting delicacies, for example, candies made from shark meat. Other destinations are for more advanced tourists who are also interested in nature. For example, the province of Sichuan, where pandas live and there are national parks.

    Differences between Western and Chinese culture

    There are, and very strong ones. In China, they tend to be collectivist, not individualistic. We have the concept of conscience, and they have shame. This is a capacious topic, it is difficult to talk about briefly, but it can be outlined with a series of illustrations by Chinese artist Yan Liu.

    What was the last thing I read and watched?

    Our colleague Ivan Yuryevich Zuenko recently published a book, “China in the Era of Xi Jinping.” I read it and even attended the presentation.

    Because of my dissertation, everything is about China now, and I watch something to support Chinese. For example, the talk show “This is China” with Professor Zhang Weiwei and the program “Round Table” with the popular host Dou Wentao.

    Advice to young scientists

    Get involved in the scientific community early on, as talking to colleagues helps you understand early on what to watch out for and what new and interesting perspectives there are on the issues you’re studying.

    Try to publish and speak at conferences. The sooner you gain such experience, the easier it will be to move along this path. And for a sinologist, it is especially important to have your own knowledge base and know exactly where to find certain materials. Order disciplines and helps in scientific work.

    Favorite place in Moscow

    VDNKh. I lived there during my first year of graduate school, and often walked there. This place is associated with my first pleasant memories after moving to Moscow.

    Favorite places in Beijing

    First of all, Beihai Park. Chinese parks are different from ours. When I came there for the first time in the evening, I felt like I was in a fairy tale. I also love Houhai, it’s also in the center, a walking place around the lake. And Qianmen Street, it’s quite lively, there are a lot of Chinese eateries, street food.

    At first, I didn’t quite have the right idea of Beijing. I thought it was high-rise and modern. But if you travel around southern cities, you’ll notice that Beijing has many low buildings in the center and it’s not so densely built up. There are hutongs on Qianmen Street – ancient buildings. And a nice coffee shop called Metal Hands.

    Chinese cuisine

    I like it. I often ate xiao long bao (steamed meat buns like dumplings), malatan (a spicy soup where you put the ingredients yourself), and different types of beef noodles. Because of my Indian friends, I also fell in love with Indian food. But in general, there are a couple of places in Beijing where you can eat Russian food. When I started missing mashed potatoes with a cutlet, it was easy to get them.

    Where would I go in China

    See the natural attractions near the cities of Chengdu and Chongqing. You need to go there in a group and think everything through in advance. There are two large national parks near Chengdu. And next to Chongqing is the Wulong Karst geological park. And there is also a beautiful place Zhangjiajie, you also need to go there for five days, preferably with a group and a guide.

    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

  • MIL-OSI Asia-Pac: US tech investment curbs rejected

    Source: Hong Kong Information Services

    The Hong Kong Special Administrative Region Government today rejected a US measure restricting investment in China, including the Hong Kong SAR, on semiconductors and microelectronics, quantum information technologies, and artificial intelligence systems.

    In a statement this evening, the Hong Kong SAR Government expressed strong objection to the US for intentionally targeting China and the Hong Kong SAR using various excuses out of political interests, causing damage to normal trade and investment activities as well as severely undermining the principles of a free market and economic order.

    The US will ultimately reap the consequences, in particular the impact on the trade surplus it has realised in bilateral trade with Hong Kong throughout the years, the statement added.

    It pointed out that in 2023, the US was Hong Kong’s third-largest trading partner, with the total merchandise trade value amounting to HK$472.2 billion or US$60.3 billion.

    Meanwhile, Hong Kong is the 27th largest trading partner of the US. As at end 2022, the US ranked sixth in inward direct investment (IDI) into Hong Kong, with an IDI stock of HK$351.4 billion, or US$45 billion.

    The US was placed eighth in outward direct investment (ODI) from Hong Kong, with an ODI stock of HK$164.2 billion, or US$21 billion.

    In addition, the US has realised a trade surplus of US$271.5 billion with Hong Kong during the past 10 years, the largest among its global trading partners.

    These figures demonstrate the close economic interaction between Hong Kong and the US, as well as the vast business interests of US businesses in Hong Kong, the Hong Kong SAR Government noted.

    It said US politicians once again have shown that they have acted out of their own political interests, causing damage to normal trade and investment, the free market and economic order.

    The so-called restriction not only causes damage to normal business activities between Hong Kong and the US, but also affects the stability of the global supply chain.

    Such a restriction, which would also harm US enterprises, as well as their business interests, and adversely impact bilateral economic activities, was politically driven and in nobody’s interest, it added.

    The Hong Kong SAR Government reiterated that it would work with our country to safeguard our national interests and protect the interests of Hong Kong enterprises.

    MIL OSI Asia Pacific News