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Category: Business

  • MIL-OSI: Gigstreem Promotes McCutchin and Bulanhagui to C-suite

    Source: GlobeNewswire (MIL-OSI)

    TYSONS CORNER, Va., July 09, 2025 (GLOBE NEWSWIRE) — Gigstreem, a leading provider of advanced connectivity solutions for multifamily communities and commercial properties, today announced the promotions of Brent McCutchin to chief operating officer and Florencio Bulanhagui to chief technology officer. These appointments bring deep operational and technical expertise to the executive team at a pivotal time in the company’s expansion.

    “Brent and Florencio have already proven instrumental in shaping Gigstreem’s growth strategy and vision for the future,” said Patrick Albus, Gigstreem CEO. “Their promotions reflect our commitment to building a world-class organization and investing in innovation and operational excellence.”

    McCutchin was previously an operations advisor for Gigstreem. An accomplished telecommunications and technology executive with extensive executive leadership experience, he will lead the company’s operations and guide strategic execution as Gigstreem’s COO.

    “Gigstreem is in a unique and disruptive position to be the clear leader, delivering world-class services,” said McCutchin. “I look forward to elevating operational excellence for our customers and employees.”

    McCutchin has served in numerous executive roles within the telecommunications industry, most recently as executive vice president, corporate strategy with Asignet Technologies, leading the acquisition and integration of NTT’s Customer Lifecycle Management subsidiary, and prior leadership roles with Windstream Enterprise and One Source Networks.

    Bulanhagui has more than 20 years of experience as a technology leader in the internet service provider space. As vice president of engineering, he spearheaded recent efforts to enhance Gigstreem’s network reliability and scalability. An early adopter of FTTH technologies, Bulanhagui has led deployments of triple play gigabit plus services.

    “I’ve had the privilege of working alongside this team and contributing to the mission,” said Bulanhagui. “I have a strong understanding of the organization’s priorities, and I’m focused on continuing my work on Gigstreem’s digital infrastructure and technology initiatives.” 

    Before joining Gigstreem, Bulanhagui spent 12 years at Summit Broadband as senior vice president of architecture and product, and senior vice president, engineering. A former US Navy submariner, Bulanhagui worked on the highly technical and demanding Trident II D-5 Nuclear Missile platform for a decade.

    About Gigstreem 

    Gigstreem is a leading provider of advanced connectivity solutions for multifamily communities and commercial properties, delivering high-performance internet and exceptional customer service. Gigstreem offers reliable, scalable, and future-ready solutions designed to meet the evolving demands of modern connectivity. Learn more at gigstreem.com. 

    The MIL Network –

    July 9, 2025
  • MIL-OSI: Gilat Awarded Over $22 Million in Orders from Tier One Satellite Operators

    Source: GlobeNewswire (MIL-OSI)

    PETAH TIKVA, Israel, July 09, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that its Commercial Division has received over $22 million in orders from leading satellite operators around the world. The orders are scheduled for delivery over the next 12 months.

    These new orders reflect Gilat’s growing role in enabling advanced connectivity across GEO, MEO, and LEO constellations, supporting a diverse set of applications with particular traction in the rapidly growing In-Flight Connectivity (IFC) market. The demand highlights satellite operators’ trust in Gilat’s field-proven products and solutions, designed to deliver the performance and scalability required for next-generation satellite networks.

    From ground segment infrastructure and system management to specialized solutions for mobility and broadband services, Gilat’s comprehensive offerings help operators drive value and performance across their networks.

    “Our ongoing partnership with leading satellite operators underscores Gilat’s critical role in the evolution of satellite connectivity,” said Ron Levin, President of Gilat’s Commercial Division. “These new orders demonstrate confidence in our capabilities to support large-scale, high-performance deployments while reinforcing our position as a key enabler across all orbital architectures.”

    Gilat continues to deliver innovation across its multi-orbit portfolio, empowering satellite operators to meet the growing global demand for broadband, mobility, and enterprise connectivity.

    About Gilat

    Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

    Together with our wholly owned subsidiaries—Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu—we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

    Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com

    Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to Israel’s preemptive strike against Iran’s nuclear project and the continued hostilities between Israel and Iran, and the hostilities between Israel and Hamas. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

    Contact:

    Gilat Satellite Networks
    Hagay Katz, Chief Product and Marketing Officer
    hagayk@gilat.com

    Alliance Advisors:
    GilatIR@allianceadvisors.com
    Phone: +1 212 838 3777

    The MIL Network –

    July 9, 2025
  • MIL-OSI United Kingdom: Peter Kyle’s speech at Google Cloud Summit London

    Source: United Kingdom – Executive Government & Departments

    Speech

    Peter Kyle’s speech at Google Cloud Summit London

    Secretary of State for Science, Innovation, and Technology, Peter Kyle, delivered a speech at Google Cloud Summit London on Wednesday 9 July 2025.

    Thank you for having me, and thanks also for acknowledging the GOV.UK App, which I’m sure you’ve all downloaded.

    If you haven’t already, then you should be doing so now. And I don’t if you’re looking down at your phones while I’m speaking, if what you’re doing is downloading the GOV.UK App – which is already outselling the Bible on the app store, I’m reliably told.

    When I came into office a year ago, I was told to deliver an App, with a digital wallet, with a chatbot, and with a digital driving licence attached to it, I was told it couldn’t be done in one parliament, that it couldn’t be done in one 5 year period.

    My response was I’m sure Google and others don’t take that long to design and deploy their technology. Let me see a timeline.

    The timeline came back to me a week later, and it was now 3 years.

    We did all of this, the start of the deployment of GOV.UK App, within one year of government.

    Within 15 months, all of those services I’ve just outlined will be deployed and put to the benefit of citizens right around the country.

    And that for me is a source of huge pride, because we’ve used technology to wrap services around individual citizens needs.

    Right now, as all of you know, too often citizens are being wrapped around the needs of services themselves.

    And this is a profound change as we go forward.

    Now, sometimes I’m accused of being “too close to big tech”.

    And I could have no better place to have this argument out on the table with you now.

    In May, The Guardian criticised me for meeting with the sector 70% more than my predecessor. Now, to this crime, I plead guilty.

    In truth that was just 28 times over the course of a 6-month period, that equates to around twice a week over that time.

    As Technology Secretary I simply will not apologise for meeting with technology companies – that is the job.

    Just as meeting with the families of victims of social media, regulators, founders, overseas governments and the creative sector, it’s all part and parcel of what I’m paid to do on behalf of the people’s government.

    But I don’t do these meetings just because I’m paid to do it.

    I do them because they matter:

    keeping children safe or from social media – it matters;

    making sure Britain is the best prepared for developments at the frontier of AI – that matters;

    and securing better deals for the taxpayer for the billions of pounds spent every year on software, cloud services, devices and information technology – that matters.

    So today, I’m here to acknowledge our agreement for an entirely new way of working with Google – and how that will impact our public services.

    It’s an agreement that recognises our value as the UK government as a huge client to their organisation.

    And how important their technology is to help us deliver the changes to public services to make them more in-touch and more in-tune with citizens. And better value for money for taxpayers.

    The agreement signals and signifies our determination to exploit the full potential of a partnership between government and Google, with much more collaboration between their UK AI lab, DeepMind, and my own AI developers in my department, the Department for Science, Innovation and Technology with a new digital centre of government.

    We’ve already used Gemini to build “Extract”, a specialist AI tool to help councils convert decades-old, handwritten planning documents and maps into data in minutes.

    It could be pivotal in our plans to stop bureaucracy from holding up the construction and ultimately help us build 1.5 million homes that we’ve pledged over this parliament.

    We know that tools using the same technology are capable of transforming Whitehall itself, the NHS, and other essential services that millions of people across our country rely on.

    So, with more hands-on support, I can’t wait to see what our 2 teams deliver together.

    Google are also aiming to train up 100,000 public sector professionals with the skills that they need to use this technology by 2030.

    That’s going to help us hit the target the Prime Minister set earlier this year, where we’ve committed to double the number of digital experts across government…

    …essential to shaking up decades old processes and making public services work in the way people expect services to work in the 2020s – whether that’s in the NHS, policing, benefits or tax.

    And, perhaps most importantly, we are looking to the sector to help shake off the legacy technology that costs the taxpayer an absolute fortune and leaves us vulnerable to outages and to cyberattacks.

    More than one in 4 public sector systems run on this “ball and chain” tech – rising to 70% in some police forces and NHS trusts.

    With contracts signed decades ago, and a high costs of exit, we’ve seen a few tech companies really taking liberties with the public sector.

    In the worst cases, contracts have made it impossible for public sector organisations to move on. They’ve locked up their data up in vulnerable, archaic servers…

    …only to have the price of maintaining the tech hiked up, year-on- year, with no sign of light at the end of the tunnel.

    Now, as Technology Secretary, I am determined to break free from these costly chains once and for all.

    Through agreements like this we can transition public sector organisations trapped by the ball and chain of legacy products and services, and to migrate to the cloud.

    That move alone will liberate public service organisations and use the latest technology, and more freely explore the wider market moving forward. That is what I am determined to do.

    All in all, this partnership could see Google invest hundreds of millions of pounds in Britain’s public sector technology.

    Helping to deliver my ambition to bring the public services people use every day, drag it into the 21st century.

    Without deals like this in place, we had hundreds of public sector organisations…

    …police forces, NHS trusts, local councils, government departments and many, many more…

    They were simply just going it alone in negotiations with big tech companies.

    And they just don’t have the experience and market clout they need to drive the best deal for taxpayers.

    They end up paying the full shop-front rate or even being entirely mis-sold tech that doesn’t work for them in the first place.

    But they’re all buying on behalf of the same client: you, the British taxpayer.

    And that taxpayer is footing the bill for an annual £21 billion for buying the same technology time and time again.

    That’s why I’m determined to secure a new deal for buying tech for the British taxpayer.

    For too long, too many governments haven’t done enough to build the positive business relationships that Britain needs to prevent the taxpayer being short changed when it comes to procuring tech – from healthcare services, policing systems right through to benefits processes, and bin collections, right down to street sweeping.

    Just as with Google on this strategy, when I negotiate with Tech companies, I am negotiating on behalf of the British taxpayer.

    Britain will be using technology in more areas and more than ever before.

    So, my message to big technology companies is clear: bring us your best ideas, bring us your best tech, and bring it at the best price.

    In return, you’ll get access to the biggest client in the country, one that will be increasingly intelligent and increasingly digital.

    And as we start to operate as a more intelligent buyer of technology, new opportunities are going to emerge.

    The first one that I’m pushing for, is to make sure that, whenever possible, UK technology companies- large and small – get a fair shot at winning a contract.

    Our upcoming marketplace – the national digital exchange – will make sure more and more UK tech companies can get their slice of the £21 billion pie.

    That means more money for companies operating here in the UK, workers and founders.

    It will help us to achieve the economic growth upon which Britain’s future prosperity lies. And it will improve the public services on which British citizens depend.

    Now I want to acknowledge the foresight of Google in signing this key agreement, and I want more to follow. I want it to stimulate many similar co-operation agreements with the full range of international and domestic technology companies.

    That is in the interests of higher economic growth, more jobs, better public services and greater value for taxpayers.

    Thank you very much for having me along today.

    Updates to this page

    Published 9 July 2025

    MIL OSI United Kingdom –

    July 9, 2025
  • MIL-OSI United Kingdom: Westminster’s green makeover: £500,000 funding boost for public spaces | Westminster City Council

    Source: City of Westminster

    Westminster City Council has selected 16 local projects to receive funding through its Greening Westminster grants programme — a community-led initiative to make the city’s public spaces greener, healthier, and more welcoming. 
     
    This year, almost £500,000 has been awarded to a range of local groups and partner organisations to deliver green projects in parks, on highways and housing estates.   

    From tree planting and pollinator-friendly flowers to edible gardens and greener play areas, the chosen projects showcase a creative, community-driven approach to bring more nature into Westminster’s built-up urban environment. 

     The Greening Westminster programme is a key part of the Council’s Fairer Westminster strategy, which helps improve the environment and supports communities to make positive changes in their neighbourhoods. The programme also aims to give residents greater access to high-quality green spaces that benefit their health and wellbeing.  

     Projects include:  

    • The Onion Garden (Victoria): Adding more plants and wildlife features to a popular community garden.
    • Charfield Court in Bloom  (Amberley Estate): Residents are adding greenery to their housing estate.
    • Covent Garden Playground: Making the playground greener with plants and showcasing a sustainable approach
    • University of Westminster: Improving green spaces on campus and along Marylebone Road.
    • North Paddington Food Bank – The Roots Garden Kitchen: Creating a garden to grow food for the community by the community.  
    • Parish of St Marylebone: Turning church gardens into greener, more welcoming public spaces.
    • Paddington Now BID: Putting up flower baskets with pollinator-friendly plants on Eastbourne Terrace. 

    Cllr Geoff Barraclough, Westminster City Council Cabinet Member for Planning and Economic Development, said:  

    “We’re proud to support these inspiring community-led projects that will help make Westminster greener, healthier, and more welcoming for everyone.  

    “By working together with local groups, we’re transforming public spaces into vibrant places that bring people closer to nature and to each other, which is part of our Fairer Environment commitment.” 

    For more information and a full list of funded projects, visit: 
    www.westminster.gov.uk/greening-westminster 

    ENDS 

    • The Council received 20 applications for its Greening Westminster grants programme and approved 16  
    • Since 2017, Greening Westminster has supported 51 projects across Westminster  

    The 16 recipients who have successfully been awarded funding: 

    Walterton and Elgin Community Homes (WECH) 
    Parish of St Marylebone
    Covent Garden Playground
    St Augustine’s School
    St Barnabas Church
    St Stephens Church 
    North Paddington food bank
    The Onion Garden
    University of Westminster
    Stone Wharf Gardens
    Charfield Court Resident Group – Amberley Estate 
    Grosvenor Residents Association – Edric House
    Hallfield Estate
    Oldham’s Walk
    Community 4 All – Lydford Hall garden

    MIL OSI United Kingdom –

    July 9, 2025
  • MIL-OSI Russia: “China-Russia Business Meeting Lounge” Opens in Border City of Dandong

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 9 (Xinhua) — A launch ceremony for the “Dandong China-Russia Business Meeting Lounge” was held in Dandong, northeast China’s Liaoning Province, on Tuesday, the Penpai news portal reported.

    Located in the Guomenwan border trade zone of Dandong City, the new institution was established by the Dandong Chamber of International Commerce and the relevant chambers of commerce and industry of the Russian Federation.

    According to the announcement, the “China-Russia Business Meeting Room” will regularly host economic and trade talks, cultural exchanges and technical seminars, and organize regular online or offline meetings for high-quality Chinese and Russian enterprises selected according to their current trade needs and committed to economic and trade cooperation.

    After the opening ceremony of the “Living Room”, a presentation of trade projects aimed at Russian partners was held right there.

    As an important gateway for Liaoning Province to open up to the outside world, Dandong City has unique geographical and transportation advantages. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 9, 2025
  • MIL-OSI Asia-Pac: LCQ21: Safeguarding employment of local workers

    Source: Hong Kong Government special administrative region – 4

         Following is a question by the Hon Luk Chung-hung and a written reply by the Secretary for Labour and Welfare, Mr Chris Sun, in the Legislative Council today (July 9):
     
    Question:
     
         According to the general requirements of the sector-specific labour importation schemes and the Enhanced Supplementary Labour Scheme (ESLS), employers shall fulfil a manning ratio of 2:1 for full-time local employees to imported workers (the manning ratio), and the ESLS also requires applicant employers to undertake a four-week local recruitment exercise and accord priority to employing suitable local workers to fill the job vacancies. However, some workers have reflected that some employers have taken advantage of the loopholes in the relevant policies to dismiss local workers or switch them from full-time to part-time after submitting their labour importation applications to the Labour Department (LD), and some employers even have no intention of recruiting local workers. In this connection, will the Government inform this Council:
     
    (1) given that in the reply to a question raised by a Member of this Council on 18th of last month, the Government indicated that upon completion of the four-week local recruitment procedures, the LD would contact each of the local job seekers who was not employed by the employers and assess whether the employers are genuinely committed to recruiting local workers, of the number of contacts made by the LD with job seekers who were not employed since the launch of the ESLS, and the reasons for the relevant employers’ refusal to employ them; the criteria adopted by the LD for assessing the validity of the employer’s reasons for refusal to recruit;

    (2) whether it has taken the initiative to investigate if employers have made “excessive demands” on local job seekers (i.e. excessively high recruitment thresholds and heavy workload but relatively low salary, etc); if so, of the number of investigations conducted by the LD and the follow-up actions taken; if not, the reasons for that;

    (3) of the mechanism in place to monitor whether employers have strictly adhered to the requirement for conducing four-week local recruitment; whether employers will be required to, before applying for the ESLS, publish the job vacancies on the LD’s Interactive Employment Service website and retain for at least four weeks;

    (4) since 2023, (i) of the number of labour importation applications rejected by the LD due to the failure of the information submitted by the employers to meet the manning ratio; and (ii) of the number of complaints received by the LD regarding employers allegedly failing to continuously meet the manning ratio, the follow-up actions and the corresponding penalties;

    (5) since 2023, of the respective numbers of (a) surprise and (b) non-surprise inspections conducted by the LD (i) at workplaces with imported workers, and (ii) cases detected and follow-up actions taken in respect of non-compliance with the manning ratio requirement, with a breakdown as set out in the table below; and
     

    Year (a) (b)
    (i) (ii) (i) (ii)
    2023        
    2024        
    Since 2025        

     
    (6) of the measures in place to combat the non-compliant acts under various labour importation schemes in order to prevent abuse of the labour importation policy; whether employers will be required to report to the LD the number, name, working hour, wage and so on of their local employees and imported workers on a monthly basis after their labour importation applications have been approved; if so, of the details; if not, not reasons for that?

    Reply:
     
    President,

         To cope with the challenges brought by manpower shortage and on the premise of ensuring employment priority for local workers, the Government has enhanced the mechanism for importation of labour. Apart from launching sector-specific labour importation schemes for the construction sector, transport sector, and residential care homes for the elderly and residential care homes for persons with disabilities, the Labour Department (LD) has implemented the Enhanced Supplementary Labour Scheme (ESLS) since September 4, 2023, to suspend the general exclusion of the 26 job categories as well as unskilled or low-skilled posts from labour importation under the previous Supplementary Labour Scheme for two years.

         The reply to the Member’s question is as follows:

    (1) To safeguard the employment priority for local workers, applicant employers of the ESLS must undertake a four-week local open recruitment and accord priority to employing qualified local workers to fill the vacancies at a salary not lower than the prevailing median monthly wage of a comparable position in the market. Upon employers’ completion of the local recruitment procedures, the LD will contact each of the unsuccessful local job seekers to verify the interview details and confirm if the reasons for not employing the job seekers as reported by the employers are consistent with the facts and reasonable, so as to assess whether the employers have sincerity in recruiting local workers. The most common reason for job seekers not being employed is failing to meet the entry requirements, such as not having relevant work skills and lacking relevant experience.  Depending on the circumstances, the LD will contact each unsuccessful job seeker several times to follow up on the interview results.

    (2) and (3) The LD stringently processes each application under the ESLS, and conducts initial screening for each applied post and reviews the employment terms, including the scope of duties, entry and academic requirements, work locations, monthly salary and hours of work, to ensure that the salary offered by an employer meets the median monthly wage and the recruitment terms are reasonable.

         After passing the initial screening, employers shall adopt the recruitment terms as agreed by the LD and undergo four-week local recruitment. During this period, the LD will publish the job vacancies on the Interactive Employment Service website, conduct job matching for relevant vacancies and disseminate the vacancy information to members of the Labour Advisory Board, relevant trade unions and training institutions to facilitate their referrals of suitable local job seekers for application. Employers shall in parallel place recruitment advertisements in local newspaper(s) or on other recruitment platform(s). The ESLS requires that employers taking on local job seekers through any recruitment channels during the local recruitment period must not offer employment terms less favourable than those agreed by the LD, nor can they impose on job seekers any restrictive requirements such as age or gender, or other entry requirements not approved by the LD.

        Upon completion of the local recruitment procedures, employers shall report the results and submit the recruitment advertisements to the LD for verification. The LD will contact each of the local job seekers who is not employed to verify the interview details. If there is evidence showing that an employer has violated the requirements of local recruitment or refused to employ qualified local job seekers without reasonable grounds, the LD will terminate the processing of the relevant application. The LD will also impose administrative sanction on the employer and refuse to process any other application(s) submitted by the concerned employer in the following year.

    (4) The ESLS requires relevant employers to meet the manning ratio requirement of full-time local employees to imported workers of 2:1 (manning ratio requirement) on a continuous basis. Full-time employees refer to local employees who are directly employed by an employer and work not less than 35 hours per week for operating the relevant business, excluding part-time staff, staff of subcontractors or self-employed persons providing services to the employer. From September 4, 2023, to June 2025, the LD refused 29 applications for labour importation that failed to meet the manning ratio requirement. In addition, the number of imported workers approved for each application must also comply with the manning ratio mentioned above.

         From September 4, 2023, to April 2025, the LD did not receive any complaint against employers for non-compliance with the manning ratio requirement. As for the 31 related complaints received between May and June 2025, the LD is conducting investigation, including inspecting the workplaces of imported workers and verifying relevant employment records. If violation of the requirement is substantiated, the LD will impose administrative sanction and refuse to process other application(s) submitted by the employer in the following year.

    (5) and (6) In 2023, 2024 and from January to May 2025, Labour Inspectors of the LD conducted 5 695, 5 417 and 2 873 inspections respectively to workplaces of imported workers and imported workers’ accommodation provided by employers in Hong Kong to protect the employment rights of imported workers. The LD will not give prior notice to the responsible persons of relevant premises before conducting workplace inspections.

        Since June 17 this year, the LD has implemented a series of new measures to strengthen the protection of the employment priority for local workers, including launching an online complaint form on the ESLS dedicated webpage to enable local employees and imported workers to lodge complaints against employers for suspected breaches of the requirements of the ESLS, displaying the names of applicant companies when publishing job vacancies on the Interactive Employment Service website, launching a special inspection campaign to check whether establishments employing imported workers have continuously met the manning ratio requirement, and requiring employers to report information on full-time local employees and imported workers as well as the relevant manning ratios based on a risk-based approach.

        To safeguard the employment priority for local workers, the ESLS requires employers not to displace local workers with imported workers and meet the manning ratio requirement on a continuous basis. In the event of redundancy, imported workers should be retrenched first. If there is evidence substantiating violation of the requirement of the ESLS, the LD will impose administrative sanction on the employers, including withdrawal of approvals for importation of labour previously granted and refusal to process other applications submitted by the employers (debarment period up to two years), etc.

    MIL OSI Asia Pacific News –

    July 9, 2025
  • MIL-OSI Asia-Pac: 2025 Maker in China SME Innovation and Entrepreneurship Global Contest – Hong Kong Chapter opens for enrolment

    Source: Hong Kong Government special administrative region – 4

    ​The 2025 Maker in China SME Innovation and Entrepreneurship Global Contest – Hong Kong Chapter (MiCHK) opens for enrolment today (July 9). Hong Kong start-ups and small and medium-sized enterprises (SMEs) are welcome to join the contest, seizing the opportunity to expand into the Mainland market. The deadline for enrolment is August 20.
     
    The contest focuses on frontier innovation and technology (I&T) fields that drive the development of new quality productive forces, including fintech, AI and big data, intelligent devices and robotics, smart living and smart mobility, third generation Internet and metaverse, semiconductors and integrated circuits, biomedicine and health, low-altitude economy and aerospace, new energy and green technology, as well as new materials.
     
    The contest serves as a vital bridge for Hong Kong start-ups and SMEs to tap into the Mainland market, while also allowing Mainland investors and enterprises to know more about the local industry’s I&T products and solutions. The MiCHK 2025 Final will be held on September 25 this year, during which one-on-one business matching sessions will be arranged for the top 10 finalists to meet with investors and representatives of enterprises from the Mainland to promote financing and interfacing of businesses. In addition, the contesting teams will have the opportunity to receive support to participate in various start-up programmes and exhibition activities, and to showcase their potential innovative projects to different regions through multiple platforms. The champion, first runner-up and second runner-up will represent the Hong Kong Special Administrative Region (HKSAR) to compete in the national-level Maker in China SME Innovation and Entrepreneurship Global Contest Final to be held in Guangzhou in the fourth quarter of this year, when they will compete with the winning teams of other regional chapters for the championship and opportunities to gain multifaceted support in connecting with Mainland investors, setting up businesses in Mainland entrepreneurial parks, and receiving guidance on outcome transformation.
     
    The MiCHK 2025 is jointly organised by the Digital Policy Office of the HKSAR Government, the China Centre for Promotion of SME Development of the Ministry of Industry and Information Technology of the People’s Republic of China, the Department of Youth Affairs of the Liaison Office of the Central People’s Government in the HKSAR, and the China International Cooperation Association of SMEs. It is formulated by the Hong Kong Cyberport Management Company Limited, the Angel Investment Foundation and the Guangzhou SME’s Promotion Association For Specialization Refinement Differentiation Innovation Development. For more details about the contest, please visit makerinchina.hk/.

    MIL OSI Asia Pacific News –

    July 9, 2025
  • MIL-OSI Asia-Pac: Anti-Scam Consumer Protection Charter 3.0

    Source: Hong Kong Government special administrative region – 4

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

    The Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA) and the Mandatory Provident Fund Schemes Authority (MPFA) today (July 9) announced the launch of the Anti-Scam Consumer Protection Charter 3.0 (the Charter 3.0). This joint effort is fully supported by the Consumer Council, the Hong Kong Association of Banks, the Hong Kong Police Force, and the Office of the Communications Authority.

    Building on the success of the Charters 1.0 and 2.0, launched in 2023 and 2024 respectively, the Charter 3.0 represents a significant step forward in anti-scam actions by establishing a collaborative framework between financial regulators and technology firms and telecommunications firms in combatting financial fraud and scams targeting the Hong Kong public. The Charter 3.0 introduces six key principles (see Annex), focusing on the reporting of suspected financial fraud and scams, checking of advertisers, internal monitoring processes, enforcement of terms of service, and collaboration on public education and awareness.

    During the launch event, executives from financial regulators, technology firms and telecommunications firms engaged in productive discussions on the latest trends of financial fraud and scams as well as their collaborative efforts for the common purpose of combatting such fraud and scams. 

    The Chief Executive of the HKMA, Mr Eddie Yue, said, “The fight against financial fraud and scams and to protect the public requires a united front, bringing together the public and private sectors, as well as the community at large. The Charter 3.0 represents a significant milestone in this endeavour, harnessing the collective strength of the financial, technology, and telecommunications industries to better safeguard the public.”

    The Chief Executive Officer of the SFC, Ms Julia Leung, added, “The Charter 3.0 is a meaningful step forward, bringing in major technology and telecommunications companies to join the fight against online scams. It is our shared responsibility to disrupt these threats at their source. This initiative not only echoes global governments and regulators’ call to action but also positions Hong Kong as a leader in safeguarding the financial world’s digital future. Together, we are building a safer, more responsible online landscape that prioritises vigilance, collaboration, and public trust.”

    The Chief Executive Officer of the IA, Mr Clement Cheung, said, “The Charter 3.0 represents the outcome of collaborative efforts made by key stakeholders in forging a robust and resilient alliance to prevent financial fraud and scams. The IA will leverage on this platform to strengthen public education and empower policy holders so that they can safeguard effectively against the increasingly sophisticated plots concocted by swindlers.”

    The Managing Director of the MPFA, Mr Cheng Yan-chee, said, “MPF is the valuable retirement reserve accumulated by the working population. The MPFA will not tolerate any fraudulent activities that undermine their retirement savings in MPF. We are pleased to see financial regulators, enforcement agencies and relevant organisations together with major technology and telecommunications companies under the Charter 3.0 stepping up efforts in combatting scams and enhancing anti-scam awareness in the community. We urge the working population to stay vigilant and join hands with us by proactively reporting suspected scams to safeguard their MPF interests.”

    MIL OSI Asia Pacific News –

    July 9, 2025
  • MIL-OSI Asia-Pac: LCQ5: Application of legal technology and artificial intelligence

    Source: Hong Kong Government special administrative region – 4

         Following is a question by the Hon Maggie Chan and a reply by the Acting Secretary for Justice, Dr Cheung Kwok-kwan, in the Legislative Council today (July 9):

    Question:

         It is learnt that the Department of Justice has been actively promoting the application of legal technology (lawtech) and artificial intelligence (AI) in the legal sector. There are views that the Government should actively develop AI tools (e.g. large language model developed by the Hong Kong Generative AI Research and Development Center) for application in areas of the common law, so as to enhance the operational efficiency and competitiveness of the legal sector. In this connection, will the Government inform this Council:

    (1) whether it has currently developed large language models for application in areas of the common law; if so, of the specific details and the implementation timetable; if not, the reasons for that;

    (2) whether it has plans to organise lawtech and AI summits or international exhibitions with the Mainland on a regular basis, so as to promote exchanges and co-operation between the Mainland and Hong Kong in lawtech; if so, of the details; if not, the reasons for that; whether it has plans to introduce lawtech from the Mainland and apply it in areas of Hong Kong common law, as well as promote the Mainland’s AI legal service products to Hong Kong and overseas; if so, of the details; if not, the reasons for that; and

    (3) of the measures in place to ensure that small and medium-sized law firms in Hong Kong can benefit from the development of lawtech and AI, such as providing technical support, introducing a tax allowance for “lawtech equipment” and subsidising their procurement of lawtech-related equipment?

    Reply:

    President,

    (1) The Hong Kong Generative Artificial Intelligence Research and Development Center (HKGAI), an inter-school co-operative research centre led by the Hong Kong University of Science and Technology, has developed the first local large language model (LLM) based on DeepSeek technology with full parameter fine-tuning – “HKGAI V1”. The HKGAI has developed multiple vertical applications for various public service sectors based on this local LLM, including the generative artificial intelligence (AI) document assistance application “HKPilot” and the legal-related “LexiHK”. The Department of Justice (DoJ) is currently participating in the pilot use of “HKPilot” and is considering participating in the trial of “LexiHK” after reviewing its effectiveness. At the same time, the Faculty of Law of the Chinese University of Hong Kong has recently collaborated with an AI software company to develop a legal information AI model based on the Cantonese LLM to facilitate the digital transformation of the legal system and industry. WiseLaw Digital Technology, a company incubated by the Hong Kong Polytechnic University, has also recently announced its innovation achievement in legal AI products. The DoJ will collaborate with the HKGAI and other relevant government departments or institutions based on the trial results, market technology development, the needs of the legal sector and the community, and related resource considerations to examine and promote the further application of AI in the legal sector, especially LLMs related to Hong Kong law.

    (2) The DoJ attaches great importance on the development of areas of lawtech and AI, and believes that forums and exhibitions provides an important platform for fostering exchange and co-operation. Currently, the DoJ is actively preparing related activities, aiming to hold the first large-scale activity open to global participants, creating a diverse and open exchange platform to promote the sharing of wisdom and experience from various regions.

         We note that there are currently a number of well-developed lawtech enterprises in Mainland China. Since Mainland lawtech is now primarily designed for the Mainland legal system, it may not be directly applicable to Hong Kong’s common law market. However, we strongly encourage Mainland lawtech enterprises to set up in Hong Kong to explore the local legal market, develop AI products suitable for the Hong Kong common law market, and use Hong Kong as a springboard to develop markets in other common law jurisdictions overseas.

    (3) To promote the development of lawtech, the DoJ established the Consultation Group on Lawtech Development (Consultation Group) in January 2025, and invited the industry and various stakeholders to jointly study and formulate policy measures related to lawtech. The Consultation Group members include representatives from the legal and dispute resolution sectors, law schools, and the lawtech industry, including representatives from small and medium-sized law firms, ensuring that the policies will suit the needs of practitioners.

         The Consultation Group notes in particular the challenges faced by small and medium-sized law firms in promoting the use of lawtech. In addition to economic factors, we understand that small and medium-sized law firms often have limited understanding of lawtech, and traditional practice models tend to rely less on technology, which affects their willingness to adopt new technologies.

         In response to this situation, the DoJ has accepted the suggestion of the Consultation Group and plans to promote the use of technology in the legal industry progressively in three stages:

    (1) Phase 1: Lawtech awareness and education

         The aim of the first stage of the policy on promoting lawtech is to change certain ingrained mindsets and practices within the legal profession by raising their awareness of lawtech, and helping them to understand the benefits of the use of lawtech that can bring to the profession and the risk management awareness that the profession should have. To this end, the DoJ is organising a series of lawtech-related roundtables and events to raise the profession’s understanding of lawtech and to facilitate the exchange and sharing of information between the profession and lawtech experts to enable them to plan for viable adoption of lawtech.

         The DoJ is also aware of the importance of educating law students about lawtech, and will work with stakeholders in legal education and training to strengthen training related to lawtech in legal education curricula through the Standing Committee on Legal Education and Training platform. The DoJ plans to draft and publish a roadmap to assist the legal profession in embarking on their path to technology applications. The DoJ also plans to issue ethical and security guidelines for the legal profession to follow when using lawtech.

    (2) Phase 2: Promoting the profession’s engagement with lawtech products

         The DoJ intends to organise an exhibition of lawtech products to enable the legal profession to access and experience a variety of lawtech products available in the market and to identify lawtech solutions suitable for their business development.

         In addition, we are considering conducting a market survey to consolidate a list of lawtech products available in the market in order to provide more comprehensive information to the legal sector for reference.

    (3) Phase 3: Promoting the use of lawtech in the legal profession

         The DoJ will encourage local and overseas lawtech enterprises to establish and grow in the local market, thereby fostering Hong Kong’s lawtech ecosystem. The DoJ will review the effectiveness of the above strategies and take policy measures to promote the use of lawtech in the legal profession as appropriate. The DoJ will also review the existing legal framework from time to time in order to better support and regulate the development of innovative and emerging legal technologies.

         Through these strategies, we hope to effectively enhance the awareness and use of lawtech by the legal profession, thereby enhancing the efficiency and quality of professional services and strengthening Hong Kong’s position as an international legal services and dispute resolution centre in the Asia-Pacific region.

         Thank you, President.

    MIL OSI Asia Pacific News –

    July 9, 2025
  • MIL-OSI Asia-Pac: LCQ3: Roadside skips

    Source: Hong Kong Government special administrative region – 4

    Following is a question by the Hon Chan Pui-leung and a reply by the Secretary for Environment and Ecology, Mr Tse Chin-wan, in the Legislative Council today (July 9):

    Question:

    There are views that roadside skips unlawfully occupying public roads not only affects the safety of road users, but also poses environmental hygiene problems. In this connection, will the Government inform this Council:

    (1) of the information on the enforcement actions taken by the Hong Kong Police Force and the Lands Department against roadside skips in the past five years, including the number of complaints or referrals received, the number of statutory notices posted or warnings issued to operators, as well as the number of skips removed; among them, the number of cases in which prosecutions were instituted and the number of convicted cases, as well as the relevant penalties imposed;

    (2) of the current utilisation situations of the four sites made available for use by the trade for storing skips; as the Government indicated in its reply to a question raised by this Council in May 2023 that the skip storage site in Tseung Kwan O Area 137 would become part of the new community, and that the Government would make arrangements in due course, of the progress of the relevant arrangements, including whether alternative sites will be identified for the operation of the skips trade; if so, of the details; if not, the reasons for that; and

    (3) as there are views that the regulation of roadside skips involves a number of government departments, whether the Government will consider assigning a designated department to take full responsibility so as to improve enforcement efficiency; if so, of the details; if not, the reasons for that?

    Reply:

    President,

    Construction waste is generated from construction sites, buildings under maintenance and shops under renovation, which is then transported to landfills or public fill banks for handling. Before skips emerged in the market, most construction waste from construction and renovation sites were piled up at roadside before it was collected for delivery. This not only affected the environmental hygiene, but also caused nuisance to residents and pedestrians, and even affected the road safety. Skips could store relatively large quantity of waste, in particular, construction waste. Using skips can avoid waste being placed everywhere and help maintain a clean and hygienic environment and road safety. It also helps the construction and renovation industry handle construction waste in a neat and orderly way.

    Skips are primarily placed at site of use, such as construction sites, renovation sites, shopping malls, housing estates and designated locations nearby, to collect construction waste generated by construction or renovation works in the buildings nearby. Skips that are not being used need to be stored. According to the result of a questionnaire survey with the trade, there are about 1 500 roadside skips in Hong Kong. Among these, about half of them need to be stored while there is only storage space for 330 skips on four pieces of land provided. Under such a circumstance, some skip operators may place the skips at roadside or other improper locations.

    Management of skips involves various bureaux and departments. Through the Joint Working Group on Management of Roadside Skips (Working Group), the Government coordinates the work on enhancing management of roadside skips among the Environment and Ecology Bureau, the Development Bureau, the Transport and Logistics Bureau, the Environmental Protection Department, the Lands Department (LandsD), the Transport Department, the Highways Department, the Hong Kong Police Force (HKPF), the Food and Environmental Hygiene Department, and the Home Affairs Department. Since skips placed on at roadside is also a problem of district concern, the Deputy Chief Secretary for Administration also looks into this problem with the bureaux and departments concerned through inter-departmental meetings. 

    In response to the question raised by the Hon Chan Pui-leung, in consultation with the HKPF and the LandsD, a consolidated reply is as follows:

    (1) Currently, the HKPF handles complaints involving roadside skips in accordance with the Summary Offences Ordinance (Cap. 228). Over the past five years, the HKPF has received a total of 5 913 complaints about skips. Police officers will, in light of the circumstances at the scene, make assessments and issue advice and/or warnings to the skip operators concerned if found. In most cases, the operators would remove the skips on their own within hours after receiving the advice and/or warning, with five cases requiring the HKPF to engage contractors to remove the skips. A total of 18 cases were prosecuted under police summons and were convicted. The convicted persons were fined between $300 and $9,000 by the court.

    Over the past five years, the LandsD has received a total of 3 674 complaints concerning skips. Among these complaints, 3 per cent were referred by other departments (including the HKPF), and the other 97 per cent were lodged by the public. Within two working days upon receiving a complaint or referral, the LandsD will conduct an on-site inspection and post a notice according to Section 6 of the Land (Miscellaneous Provisions) Ordinance (Cap. 28) requiring the person concerned to remove the skip and to stop occupying the government land before the specified deadline no less than one clear day, otherwise it will be removed by the LandsD’s contractor. Over the past five years, the LandsD has removed a total of 27 skips, with the remaining removed by relevant persons on their own before the deadlines.

    (2)  As mentioned above, there are about 1 500 skips in Hong Kong. Considering factors such as job rotations, the trade estimates that about 600 to 700 idling skips would require space for storage each day. At present, the Government has provided four sites to the trade for storage of idling skips through short-term tenancy mechanism. These sites are located at Pak Shing Kok, an area next to the Tseung Kwan O Area 137 (TKO 137) Fill Bank, Siu Lang Shui in Tuen Mun, and adjacent to Tsing Nam Street in Tsing Yi respectively, altogether providing storage space for a total of 330 skips. The site at Pak Shing Kok can store about 110 skips; the site next to the TKO 137 Fill Bank can store about 120 skips; the site at Siu Lang Shui in Tuen Mun can store about 80 skips; and the site at Tsing Nam Street in Tsing Yi can store about 20 skips.

    To tie in with the future residential development of TKO 137, according to the current development timetable, the site leased to the trade under short-term tenancy for storing skips is expected to be returned in the second quarter of 2026 the earliest. Meanwhile, the Government has completed the open tendering process for a site at Tsing Chau Wan on Lantau Island, which is initially expected to accommodate approximately 100 skips and to be awarded within this year. To further improve the situation that some skip operators placed their skips at roadside or other improper locations, the Working Group also strives to find more suitable sites for skip storage by the trade through short-term tenancy tenders.

    (3) The management of roadside skips involves works of different departments and various pieces of legislation. Hence, the Government has its reason and need to coordinate relevant departments’ work through the Working Group. The Government is adopting a multipronged approach and looking for more effective ways to improve the problem of improper placement of skips. At the current stage, the Government focuses on enhancing enforcement on illegally placed skips that pose safety risk to road users. 

    Thank you, President.

    MIL OSI Asia Pacific News –

    July 9, 2025
  • MIL-OSI Asia-Pac: Speech by FS at Korea-Hong Kong Business Luncheon (English only) (with photos)

    Source: Hong Kong Government special administrative region – 4

         Following is the speech by the Financial Secretary, Mr Paul Chan, at the Korea–Hong Kong Business Luncheon held in Seoul, Korea, today (July 9): 
     
    Mr Joo Yong-tae (Deputy Mayor for Economy, Seoul), Mr Kevin Lee (Director of the International Trade Division of the Korea Chamber of Commerce and Industry), distinguished guests, ladies and gentlemen,

         Annyeonghaseyo. Good afternoon. It is both a pleasure and honour to be here with you today in Seoul.
     
         Let me begin by extending my warmest greetings and heartfelt appreciation to the Korea Chamber of Commerce and Industry and our ETO (Economic and Trade Office) colleagues for organising this luncheon.
     
    Hong Kong: good for business
     
         Allow me to start by offering a brief snapshot of where Hong Kong stands today.
     
         Hong Kong has been back on a path of growth following the global challenges of the pandemic.  In 2024, we recorded a GDP growth of 2.5 per cent. This year, despite continued global uncertainties from tariff war to geopolitical tensions, our economy recorded a 3.1 per cent growth in the first quarter. Our merchandise exports continued to register strong double-digit growth.
     
         Foreign businesses continue to cast a vote of confidence in our city. In 2024, the number of overseas and Mainland companies operating in Hong Kong reached an all-time high at nearly 10 000.  American and European companies rose by around 10 per cent, while Korean companies rose by 9 per cent year on year.  
     
         Hong Kong continues to shine in international rankings. We are among the world’s top three global financial centres. The latest IMD (International Institute for Management Development) World Competitiveness Ranking places us as the third most competitive economy worldwide. Last October, the Fraser Institute reaffirmed our position as the world’s freest economy. These accolades are no coincidence. They are the result of persistent hard work to drive our competitiveness forward, backed by transparent, consistent and predictable policies, market openness and global connectivity.
     
         A critical foundation of our success is a stable and secure environment. This year marks the fifth anniversary of the implementation of the Hong Kong National Security Law. It restores law and order in Hong Kong and provides confidence to the international business community. Indeed, a survey by the American Chamber of Commerce (in Hong Kong) in January this year showed that (more than) 80 per cent of its members expressed confidence in Hong Kong’s rule of law.  And 70 per cent reported that the National Security Law had no impact on their business operations.
     
         Under the “one country, two systems” framework, Hong Kong continues to be an open, diverse and international city. We are a free port, uphold a freely convertible currency pegged to the US dollar, ensure the free flow of capital, goods, information and talent, and practise the common law system.
     
         President Xi Jinping and the Central Government of China have made clear that the “one country, two systems” framework is here to stay for the long term. 
     
         Investor confidence is reflected in hard data. Our stock market, for example, rose by 18 per cent last year, and has gained another 20 per cent this year. Initial public offerings (IPOs) on the Hong Kong Stock Exchange have raised about US$16 billion so far this year, making Hong Kong the top IPO venue globally to date. The total bank deposits grew by 7 per cent last year and another 7 per cent this year, now exceeding US$2.3 trillion, six times our GDP.
     
    The Greater Bay Area
     
         Meanwhile, Hong Kong is the international gateway to the Guangdong-Hong Kong-Macao Greater Bay Area, or GBA, which is an economic powerhouse with 87 million people and a combined GDP of US$2 trillion. With a per capita GDP of US$23,000, or US$40,000 on a purchasing power parity basis, the GBA is not just a manufacturing base, but also a sophisticated, high-growth consumer market.
     
         The region is deeply interconnected. High-speed rail puts us just 15 minutes from Shenzhen and 45 minutes from Guangzhou. With seven international airports and a combined annual passenger throughput of over 200 million, the GBA sits within a five-hour flight radius of half the world’s population. Hong Kong International Airport, the world’s busiest cargo airport, now operates with a third runway and is gearing up to handle 120 million passengers and 10 million tonnes of cargo annually by 2035.
     
         The GBA is also a cradle of innovation. According to the World Intellectual Property Organization, the Shenzhen-Hong Kong-Guangzhou science and technology cluster ranks second globally in innovation, and has done so for five consecutive years. Hong Kong excels in basic research, anchored by five universities ranked among the world’s top 100. Three of them are in the global top 20 for data science and AI; our two medical schools are ranked among the top 40. Meanwhile, Shenzhen and Guangzhou lead in commercialisation and advanced manufacturing. Together, the GBA is like fusing the financial power of New York with the innovation energy of Silicon Valley.
     
    Opportunities for Korean businesses
     
         So, what does this mean for Korean businesses?
     
         First, Hong Kong’s financial markets offer unparalleled connectivity and liquidity. We serve as a two-way platform, connecting international capital with Mainland markets and vice versa. Through our Connect Schemes, including Stock Connect, Bond Connect, and ETF (Exchange-traded Fund) Connect, and more, Mainland investors can access Hong Kong’s markets, while global investors can access the Mainland through Hong Kong.
     
         The recent surge in our stock market reflects two important trends. First, the rebalancing act of international investors to diversify risks out of global economic uncertainty, particularly in the US; and second, optimism about China’s technology prowess demonstrated by DeepSeek and others. Korean investors have already taken note. And they are apt in taking actions. In February this year, we saw the highest level of Korean investment into our stock market in over three years.
     
         Beyond the stock market, asset and wealth management is another area where we are seeing rapid growth. Hong Kong now manages over US$4 trillion in assets. With a growing ecosystem of related financial services, we are on track to become the world’s largest cross-border wealth management hub by 2028. For Korean firms in private banking and asset management, the opportunities are significant. Indeed, many American and European asset and wealth managers have been expanding their hiring and office accommodation in the city.
     
         Hong Kong also serves as a powerful springboard for Korean goods, not just into the GBA or the Chinese Mainland, but across the entire ASEAN (Association of Southeast Asian Nations) region. As a duty-free port with seamless customs clearance and unmatched connectivity, Hong Kong offers Korean exporters a fast, cost-effective and reliable route to high-growth markets. From electronics and cosmetics to food products and fashion, Hong Kong is your launchpad.
     
         In innovation and technology, Hong Kong is making strategic and forward-looking moves. We are placing particular emphasis on the development of key sectors such as artificial intelligence and biotech. In addition to our world-class research capabilities, Hong Kong is where Mainland and international data converge. This is a distinct competitive advantage for data-intensive industries.  
     
         Our close collaboration with other cities in the GBA is further accelerating this momentum.  Along our boundary with neighbouring Shenzhen, we are developing a joint innovation and technology park, where we are piloting innovative policies to facilitate the seamless flow of data, talent, capital and even biosamples. We have also established joint clinical trial centres to expedite drug development and streamline cross-boundary regulatory approvals. For Korean tech and pharmaceutical firms seeking expansion and collaboration opportunities, Hong Kong is your ideal location. 
     
    The pleasures of life
     
         Beyond business, Hong Kong is a city alive with culture, diversity, and global connectivity. We are a true melting pot of East and West.  Korean culture, from K-pop to kimchi, has found a warm and enthusiastic following in Hong Kong.  And we are glad that more and more Korean visitors are coming to our city to see for themselves our vibrancy. In the first half of this year, Hong Kong welcomes more than half a million of Korean visitors, a 25 per cent increase year on year.
     
         The pleasures of life are part of our fabric. With more than 200 Michelin-recognised restaurants, hiking trails minutes from the city, and a coastline that rivals the best in the region, Hong Kong offers not only opportunity, but quality of life. Above all, Hong Kong remains one of the safest cities in the world, a place you can walk freely, day or night.
     
         And we are just getting started. The newly opened Kai Tak Sports Park offers a world-class, multipurpose venue for sport and entertainment events. In January next year, we’re excited to welcome BLACKPINK to our stage. And who knows, NewJeans and aespa may not be far behind!
     
         Ladies and gentlemen, I hope I’ve been able to offer you a fresh perspective on Hong Kong, not just as a financial centre or trade hub, but as a dynamic, welcoming city filled with opportunity, energy and creativity. A city where Korean businesses, investors and talents can thrive.
     
         If I may, let me now share a short video that captures the vibrancy, openness and possibilities of Hong Kong today.
     
         That is Hong Kong – dynamic and welcoming. A city that means business, and a city that celebrates life. We look forward to welcoming you soon, to Hong Kong.
     
         Kamsahamnida. Thank you very much.

                  

    MIL OSI Asia Pacific News –

    July 9, 2025
  • MIL-OSI United Kingdom: Our five principles for SEND reform

    Source: Liberal Democrats UK

    Liberal Democrat Leader Ed Davey and Education Spokesperson Munira Wilson have written to Keir Starmer setting out five principles for SEND reform, and offering to work on a cross-party basis with the government to ensure the reforms deliver for children with SEND and their families.

    The five principles include maintaining the right to SEND assessments for children, boosting special school capacity, improving early identification and cutting waiting lists. The Liberal Democrats are also calling for more support for local authorities to provide SEND services and better training for school staff.

    The full letter can be found below:  

    Dear Prime Minister,

    We are writing to you regarding the recent reporting on your Government’s forthcoming reform of the special education needs and disabilities (SEND) system.

    Let us be clear: after years of Conservative neglect, the SEND system needs fundamental change. Your commitment to reform is welcome.

    For too long, a broken system has forced children and families to fight long battles to get the support they need. Outcomes for those children haven’t improved while council deficits have ballooned, leaving many on the brink.

    Change is sorely needed. But this reform must be honest, ambitious, and must have children at its heart. It cannot see children’s rights rolled back.

    Many parents are deeply worried that the forthcoming reforms will leave their children worse 

    off, with an erosion of the rights that underpin the support they need. The lack of clarity from your Government is leading to worry and confusion, with constant conflicting reports on what exactly is being considered. SEND families are being deprived of the certainty they need to live their lives.

    Those families have waited too long for a system that works. We need to get this right.

    We are writing to outline five fundamental principles, which we believe should underpin the coming reform.

    Our five principles and priorities for SEND reform are as follows:

    1. Putting children and families first Children’s rights to SEND assessment and support must be maintained and the voices of children and young people with SEND and of their families and carers must be at the centre of the reform process.
    2. Boosting specialist capacity and improving mainstream provision Capacity in state special provision must be increased, alongside improvements to inclusive mainstream provision, with investment in both new school buildings and staff training.
    3. Supporting local government Local authorities must be supported better to fund SEND services, including through:
      1. The extension of the profit cap in children’s social care to private SEND provision, where many of the same private equity backed companies are active, and
      2. National government funding to support any child whose assessed needs exceed a specific cost.
    4. Early identification and shorter waiting lists Early identification and intervention must be improved, with waiting times for diagnosis, support and therapies cut.
    5. Fair funding The SEND funding system must properly incentivise schools both to accept SEND pupils and to train their staff in best practice for integrated teaching and pastoral care.

    We would welcome the chance to discuss these principles and priorities with you further. Together with our Liberal Democrat colleagues, we are eager to work with you on a cross-party basis, to make sure that the forthcoming reforms truly deliver for children with SEND and for their families.  

    Yours sincerely, 

    Ed Davey 
    Munira Wilson

    MIL OSI United Kingdom –

    July 9, 2025
  • MIL-OSI Russia: Double success: the first graduates of SPbPU and Lanzhou University of Economics and Finance received diplomas

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The Institute of Industrial Management, Economics and Trade of SPbPU hosted the first graduation of bachelors of the international educational double degree program with Lanzhou University of Economics and Finance (China).

    The defense of final qualification works in the direction of “Economics” (profile “Finance”) was held in English on the campus of Lanzhou University of Economics and Finance in Gansu Province. Students presented the results of their research on current issues of finance, economic analysis and investment management. The examination committee from SPbPU included the director of the Higher School of Engineering and Economics of IPMEiT Dmitry Rodionov, associate professor of VIES and program director Daria Krasnova, associate professors of VIES Ekaterina Burova and Evgeny Konnikov. The members of the committee highly appreciated the level of preparation of the graduates.

    Joint final assessment is a vivid example of successful academic cooperation. Each defense becomes not just an exam for students, but an important step in strengthening scientific and cultural ties between our countries. We highly value the partnership with our Chinese colleagues and are confident that it will develop, opening up new opportunities for students and teachers, – commented Dmitry Rodionov.

    During the award ceremony for the best graduates, student Zhang Liwen was awarded the badge of excellent student of the 3rd degree. Student Zhang Xinran received gratitude for the responsible performance of the duties of a class monitor during two years of study in St. Petersburg.

    This project confirms that international partnership in education opens up new opportunities for students and teachers. It was very nice to see the guys and take part in the defense of their research achievements. Joint defenses not only strengthen academic ties, but also allow for the exchange of best practices in training future financiers, says Daria Krasnova, head of the international educational program.

    “It is a great honor for me to participate in the joint defense of theses between our universities,” shared student Shan Yuhong. “It was an invaluable experience that allowed me not only to present the results of my research to an international commission, but also to get acquainted with Russian approaches to economics and finance. I would especially like to thank the teachers for their qualified comments and recommendations, which will help me in my future academic and professional activities.”

    A joint educational program with a Chinese university is not only an academic exchange, but also a bridge between cultures. Today’s defenses have shown how effective such a partnership is: students demonstrate unique competencies, and their research opens up new prospects for scientific cooperation. I thank all participants of this project for their contribution to strengthening international ties! – concluded the Director of IPMEiT Vladimir Shchepinin.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 9, 2025
  • MIL-OSI Banking: “We want to enable digital progress”

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    In his speech in Berlin, Branson emphasised that technologies with huge disruptive potential such as distributed ledger technology, artificial intelligence and quantum computing are developing at a rapid pace. This presents great opportunities for companies in the financial sector, he noted. Quantum computers, for example, could massively boost the efficiency of artificial intelligence systems. “A really fascinating combination,” he said.

    At the same time, Branson cautioned, new technologies harbour considerable risks. Quantum computers could undermine established encryption technologies, and AI could exacerbate unfair discrimination, for example. The spread of cryptoassets could create dangerous feedback loops affecting the traditional financial system. “We cannot ignore these risks. In the worst-case scenario, they could impact the entire financial system,” he warned.

    In light of this, BaFin strives to maintain the right balance between innovation and stability. Branson explained: “We want digital innovation. Today it´s the foundation of a strong, competitive financial sector – and only a strong, competitive financial sector can remain robust.” Innovation is therefore firmly anchored in BaFin’s strategic objectives for the years 2026 to 2029. At the same time, Branson added, BaFin is mandated to pursue the goal of ensuring the proper functioning, stability and integrity of the financial system. This is also reflected in BaFin’s strategic objectives.

    BaFin therefore scrutinises digital technologies and new business models carefully, Branson said. “We want to enable digital progress while ensuring the proper functioning, stability and integrity of the financial system. That is our guiding principle.” Branson emphasised that cooperation is needed in order to seize the opportunities of digital change in a responsible manner. “This is our shared responsibility.”

    MIL OSI Global Banks –

    July 9, 2025
  • MIL-OSI Banking: BaFin warns consumers about the website mega-platz.pro

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority (BaFin) warns consumers about the company MegaPlatz and the services it is offering. BaFin suspects the unknown operators of the website mega-platz.pro of offering consumers financial, investment and cryptoasset services without the required authorisation.

    The content of the website is identical to other platforms that BaFin has previously warned consumers about and that display the same opening sentence: “Upgrade Your Trading With…”.

    BaFin is issuing this information on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG) and section 10 (7) of the German Cryptomarkets Supervision Act (Kryptomärkteaufsichtsgesetz).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Global Banks –

    July 9, 2025
  • MIL-OSI Banking: Secretary-General of ASEAN Meets with Acting Permanent Secretary of the Ministry of Foreign Affairs of Myanmar

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today met with the Acting Permanent Secretary of the Ministry of Foreign Affairs of the Republic of the Union of Myanmar, Kyaw Nyun Oo, at the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings in Kuala Lumpur, Malaysia. They exchanged views on the follow-up to the 46th ASEAN Summit, particularly on ways to advance ASEAN Community-building efforts.

    The post Secretary-General of ASEAN Meets with Acting Permanent Secretary of the Ministry of Foreign Affairs of Myanmar appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

    July 9, 2025
  • MIL-OSI Europe: Answer to a written question – A joint body to coordinate the reconstruction of Ukraine? – E-002036/2025(ASW)

    Source: European Parliament

    Ukraine’s ownership of the reform and reconstruction process is a basis for the Commission’s support. Through the Ukraine Facility[1], the Commission ensures that this process advances Ukraine’s EU accession.

    The Commission’s support for the new public investment management system is essential as it will embed Ukraine’s reconstruction in a framework of strategic planning, transparency accountability, and ensure alignment with pan-European strategies and EU accession requirements.

    The Commission recognises the role of cross-border cooperation for Ukraine’s recovery and reconstruction. It therefore welcomes initiatives for cross-border cooperation to support Ukraine’s recovery and reconstruction, including based on existing programmes: long-standing Romanian-Ukrainian cooperation supported by the Commission will soon extend to include Moldova-Ukraine cross-border actions.

    Cross-border initiatives of Chambers of Commerce and business associations can play an important role in reinforcing the Commission’s mobilisation of private sector investments for Ukraine’s reconstruction under the Ukraine Investment Framework — the investment arm of the Ukraine Facility.

    Cross-border partnerships, including of chambers of commerce, are traditional and very effective partners in the EU cooperation programmes.

    Trilateral cooperation can follow best practices in this area to further Ukraine’s reconstruction and help integration into the single market.

    • [1] Regulation (EU) 2024/792 of the European Parliament and of the Council of 29 February 2024 establishing the Ukraine Facility, OJ L, 2024/792, 29.2.2024.
    Last updated: 9 July 2025

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Answer to a written question – EU regulatory environment, artificial intelligence and competitiveness – E-001181/2025(ASW)

    Source: European Parliament

    The 2025 Annual Single Market and Competitiveness Report[1] warns that Europe risks falling behind in the area of innovation. In response, the Commission’s Competitiveness Compass[2] includes targeted actions, such as a new EU Start-up and Scale-up Strategy and a 28th regime to address the obstacles preventing new companies from emerging and scaling up .

    The Single Market Strategy[3] presents an action plan to improve the functioning of the Single Market and promote cross-border provision of services and cross-border movement of goods and to support competitiveness and innovation more broadly.

    The Commission is simplifying EU rules and their implementation to reduce complexity and compliance costs for businesses, including sustainability reporting[4].

    Further measures are planned in the Commission’s 2025 work programme[5]. In addition, the Commission’s goal is to make Europe the ‘Artificial Intelligence (AI) Continent’.

    The AI Act[6] ensures market access, legal clarity and stronger consumer trust, while safeguarding EU citizens’ safety and fundamental rights. The AI Continent Action Plan[7], launched on 9 April 2025, will boost the EU’s AI innovation capabilities.

    Evaluations and fitness checks will allow evaluating the potential to simplify, consolidate and codify the EU acquis and find opportunities to cut costs.

    As part of its simplification agenda, the Commission will conduct an ambitious and comprehensive screening of existing EU legislation to stress-test the EU acquis and identify overlaps, contradictions, and obsolete provisions.

    The Commission will also apply the new small and medium-sized enterprises (SMEs) and competitiveness checks with a strong sector focus, and analysis on SMEs impacts.

    • [1] The 2025 Annual Single Market and Competitiveness Report, COM(2025) 26 final.
    • [2] A Competitiveness Compass for the EU, COM(2025) 30 final.
    • [3] The Single Market: our European home market in an uncertain world. A Strategy for making the Single Market simple, seamless and strong, COM(2025) 500 final.
    • [4] Sustainability Omnibus: https://finance.ec.europa.eu/publications/commission-simplifies-rules-sustainability-and-eu-investments-delivering-over-eu6-billion_en.
    • [5] 2025 Commission work programme: https://commission.europa.eu/strategy-and-policy/strategy-documents/commission-work-programme_en.
    • [6] Artificial Intelligence Act, Regulation (EU) 2024/1689.
    • [7] AI Continent Action Plan, COM(2025) 165 final.

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Answer to a written question – Commission contradictions over the regulation of corporate sustainability – E-000957/2025(ASW)

    Source: European Parliament

    The Commission agrees on the importance of a thorough assessment of competitiveness in impact assessments. This is why a compulsory competitiveness check is implemented with a stronger focus on sectorial impacts, to better reflect the impacts on sectors, particularly those exposed to international competition.

    New consultation approaches, such as implementation dialogues and reality checks with stakeholders that are impacted by regulatory initiatives are also being implemented to seek their views, including on the best possible ways to shape these initiatives to secure the competitiveness of Europe’s economy.

    They come on top of the Commission’s existing consultation tools, ranked first by the Organisation for Economic Cooperation and Development (OECD)[1].

    The original legislative measures that the Omnibus package adopted on 26 February 2025[2] aims to simplify were subject to comprehensive impact assessments[3] and preceded by extensive stakeholder consultation.

    However, the multiple and complex crises and events happening in the meanwhile have strong impact on the competitiveness of Europe’s economy. A recalibration is now needed to address areas where EU companies may be at a competitive disadvantage.

    This approach clearly signals that the Commission intends to stay the course on building a greener and fairer society and economy, but to do so in the simplest manner possible and by boosting the competitiveness of our economy at the same time.

    If these first Omnibus proposals are adopted and implemented, conservatively estimated total savings in annual administrative costs of around EUR 6.3 billion can already be achieved[4].

    • [1] See the OECD Regulatory Policy Outlook 2025, https://www.oecd.org/en/publications/oecd-regulatory-policy-outlook-2025_56b60e39-en.html.
    • [2] See https://commission.europa.eu/publications/omnibus-i_en.
    • [3] See https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52018SC0264, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52021SC0150 and https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:52021SC0643.
    • [4] See Staff Working Document Accompanying the documents COM(2025) 80 — COM(2025) 81, https://commission.europa.eu/document/download/1da93ca2-7911-4e1f-9ce6-cecd09a85250_en?filename=SWD-Omnibus-80-81_En.pdf.
    Last updated: 9 July 2025

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Answer to a written question – Support measures for the European fertiliser industry – E-001698/2025(ASW)

    Source: European Parliament

    Fertilisers are highly tradeable internationally and the EU is dependent on imports for most of the inputs they require. Exogeneous developments, such as spikes of natural gas prices or tightening of global supply for phosphatic fertilisers, have a strong impact on production costs.

    The Commission is currently undertaking several initiatives to support the European industry, among which the action plan for Affordable Energy[1] that will benefit energy-intensive industries. In addition, the President of the Commission announced a dedicated action plan for the EU chemical industry[2].

    The Common Agricultural Policy[3] supports the improvement of nutrient management, that includes the substitution of mineral with bio-based fertilisers, closing nutrient loops and therefore reducing dependencies. Such actions are planned for 15.5% of EU farming area by 2027[4].

    A Fertiliser Market Observatory[5] was also established to improve market transparency and monitoring. Fertilisers availability and affordability in the EU improved in 2024, driven by increased nitrogen fertilisers production and lower prices.

    The Commission is currently exploring the simplification potential for rules on EU fertilising products[6], including possible disproportionate burden on small and medium-sized enterprises (SMEs).

    Furthermore, SMEs can seek financial support from different EU programmes, like the EU Innovation Fund[7] and the European Hydrogen Bank[8].

    • [1] eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52025DC0079.
    • [2] https://ec.europa.eu/commission/presscorner/detail/el/read_25_1198.
    • [3] Regulation (EU) 2021/2115 of the European Parliament and of the Council of 2 December 2021 establishing rules on support for strategic plans to be drawn up by Member States under the common agricultural policy (CAP Strategic Plans) and financed by the European Agricultural Guarantee Fund (EAGF) and by the European Agricultural Fund for Rural Development (EAFRD) and repealing Regulations (EU) No 1305/2013 and (EU) No 1307/2013, OJ L435, 6.12.2021.
    • [4] https://agridata.ec.europa.eu/extensions/DashboardCapPlan/result_indicators.html#.
    • [5] https://agriculture.ec.europa.eu/data-and-analysis/markets/overviews/market-observatories/fertilisers_en.
    • [6] Regulation (EU) 2019/ of the European Parliament and of the Council of 5 June 2019 laying down rules on the making available on the market of EU fertilising products and amending Regulations (EC) No 1069/2009 and (EC) No 1107/2009 and repealing Regulation (EC) No 2003/2003, https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32019R1009.
    • [7] https://climate.ec.europa.eu/eu-action/eu-funding-climate-action/innovation-fund/what-innovation-fund_en.
    • [8] https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:52023DC0156.
    Last updated: 9 July 2025

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Answer to a written question – Impact of Israeli colonial exploitation and extractivism on Palestinian agriculture – E-002150/2025(ASW)

    Source: European Parliament

    The EU has been consistently clear in its position that settlements are illegal under international law and has repeatedly condemned Israel’s settlement policy and the occupation of the Palestinian territory that began in 1967.

    EU positions and policies are fully aligned on the United Nations resolutions regarding the status of the o ccupied Palestinian territory (OPT)[1] and are overall consistent with the Advisory Opinion of the International Court of Justice of 19 July 2024[2] as regards the duty of non-recognition, the duty to distinguish in the dealings with Israel between its territory and the OP T , and the duty of non-assistance .

    The EU differentiation policy implies that goods, including agricultural products, originating from Israeli settlements in occupied territories since June 1967 do not fall within the scope of the EU-Israel Association Agreement[3] and therefore cannot benefit from trade preferences under the Agreement.

    Moreover, in 2015, the Commission adopted an Interpretative Notice to provide guidance on the labelling of goods, including agricultural products, from Israeli settlements in the OP T and how the existing legislation on labelling should be applied[4]. The approach of the Interpretative Notice was confirmed by a judgment of the Court of Justice of the EU in 2019[5]. Official controls on the labelling of imported goods are primarily the responsibility of Member States, in accordance with Regulation (EU) 2017/625 on official controls on the agri-food chain[6].

    • [1] https://documents.un.org/doc/undoc/ltd/n24/266/48/pdf/n2426648.pdf.
    • [2] Advisory Opinion of 19 July 2024 , https://www.icj-cij.org/sites/default/files/case-related/186/186-20240719-adv-01-00-en.pdf.
    • [3] https://eur-lex.europa.eu/resource.html?uri=cellar:411c0668-144d-44a1-a5e3-dd2342f7a5b5.0017.02/DOC_1&format=PDF.
    • [4] https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52015XC1112(01).
    • [5] Judgment of 12 November 2019, Organisation juive européenne and Vignoble Psagot Ltd v Ministre de l’Économie et des Finances, C 363/18, EU:C:2019:954, https://curia.europa.eu/juris/document/document.jsf;jsessionid=A16C97FD2EEC535918F5478A663AC7D6?text=&docid=220534&pageIndex=0&doclang=en&mode=req&dir=&occ=first&part=1&cid=8005913.
    • [6] https://eur-lex.europa.eu/eli/reg/2017/625/oj.
    Last updated: 9 July 2025

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Written question – The scourge of Sargassum – E-002707/2025

    Source: European Parliament

    Question for written answer  E-002707/2025
    to the Commission
    Rule 144
    Rody Tolassy (PfE), André Rougé (PfE), France Jamet (PfE), Marie-Luce Brasier-Clain (PfE), Marie Dauchy (PfE), Pierre Pimpie (PfE), Virginie Joron (PfE), Angéline Furet (PfE), Mélanie Disdier (PfE)

    A few days ago in Nice, the Commission President unveiled the European ocean pact. In the West Indies, however, our children are still having to breathe in toxic fumes emanating from rotting Sargassum.

    This seaweed scourge has been coming back every season for 14 years now, with devastating effects on people’s health, the environment and the economy.

    This is not only the result of climate change: it is also caused by structural imbalances, including transatlantic currents and eutrophication.

    Faced with this perma-crisis, companies are now coming up with innovative solutions that can be industrialised, such as gathering the seaweed out at sea and turning it into energy or usable materials.

    This positive model could be replicated in other regions affected by the problem in the Caribbean, Africa and the Pacific. It’s time to turn this nuisance into a sustainable resource.

    What strategy is the Commission planning to put in place, in particular via ambitious funding arrangements, to support these initiatives and turn Sargassum into a driver of innovation for the benefit of the overseas territories?

    Supporter[1]

    Submitted: 2.7.2025

    • [1] This question is supported by a Member other than the authors: Jean-Paul Garraud (PfE)

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Answer to a written question – Consequences of the anti-dumping case brought by Imerys S.A. (C/2024/7049) – E-002084/2025(ASW)

    Source: European Parliament

    For the Commission to impose measures, the investigation assesses if there is dumping which is causing material injury to the EU industry and if imposing measures would be against the EU’s interest.

    As part of the assessment of the EU interest, the Commission considers carefully the interests of all interested parties which includes the users of the product under investigation.

    The objective is to restore a level playing field, not to exclude legitimate competition from the market or to favour individual companies. Investigations are evidence-based and conducted in line with the relevant legislation, ensuring that the instrument is not used to distort competition or facilitate market monopolisation by any individual company.

    In the EU interest assessment, the interests of the stakeholders concerned, including users, importers, and consumers are considered. In this context, representations from companies importing and using fused alumina, such as the abrasives industry, are taken into consideration to decide if any anti-dumping measures are warranted.

    However, the scope of the Commission’s current anti-dumping investigation remains limited to imports of fused alumina originating in China. Imports of downstream products, including abrasives materials, do not fall within that scope.

    An investigation into downstream products from China would require the submission of a substantiated complaint in accordance with Article 5 of Regulation (EU) 2016/1036[1].

    The relocation of companies within the EU does not fall within the scope of the investigation. The EU interest test concerns the overall economic impact of the measures on the EU as a whole, rather than on individual Member States.

    • [1] https://eur-lex.europa.eu/eli/reg/2016/1036/oj/eng.

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Highlights – Presentation of the Council Presidency’s programme – Committee on Industry, Research and Energy

    Source: European Parliament

    Danish Council Presidency © European Union (2025)

    At the ITRE Committee meeting of 16 July, five Ministers will present the priorities of the Danish Presidency and have an exchange of views with ITRE Members on the policy areas covered by the ITRE Committee.

    On 16 July, Ms Caroline Stage Olsen, Minister for Digital Affairs, will present the Presidency’s priorities related to digital and ICT. On the same day, Mr Lars Aagaard, Minister for Climate, Energy and Utilities, and Mr Morten Bødskov, Minister for Industry, Business and Financial Affairs, will present the priorities on energy and industry / SMEs respectively. Finally, Mr Troels Lund Poulsen, Deputy Prime Minister and Minister of Defence, will present the priorities related to defence, while Mr Schack Pedersen, Minister for Resilience and Preparedness, will present cybersecurity-related priorities.

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Written question – Alleged irregularities in the award of RRF funds to companies linked to a scheme investigated for corruption in Spain – E-002652/2025

    Source: European Parliament

    Question for written answer  E-002652/2025
    to the Commission
    Rule 144
    Dolors Montserrat (PPE)

    The Spanish government is said to have allocated at least EUR 21 million from the Recovery and Resilience Facility (RRF) to companies linked to the alleged corruption network associated with senior PSOE officials in the Spanish government. These companies (Acciona, Levantina Ingeniería y Construcción, Áridos Anfersa, Obras Públicas y Regadíos, and Servinabar 2000) are said to be the subject of an investigation by the Central Operational Unit of the Guardia Civil for possible distribution of illegal commissions in the award of public works contracts.

    Considering the above:

    • 1.Does the Commission intend to open an investigation to establish whether there has been a breach of the principles of sound financial management, transparency and fraud prevention referred to in Regulation (EU) 2021/241 on the RRF?
    • 2.What oversight and control measures has the Commission put in place or does it intend to put in place with regard to the allocation and use of these funds in this particular case?

    Submitted: 1.7.2025

    Last updated: 9 July 2025

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Written question – Housing emergency in Italy for vulnerable groups and students – E-002620/2025

    Source: European Parliament

    Question for written answer  E-002620/2025
    to the Commission
    Rule 144
    Valentina Palmisano (The Left)

    In Italy, a worsening housing emergency is severely affecting vulnerable households, individuals with disabilities, people struggling socio-economically and university students. Despite the use of EU resources (National Recovery and Resilience Plan (NRRP) and the European Regional Development Fund (ERDF)), many municipalities are reporting delays to public housing and urban regeneration projects, with particularly serious effects in the south.

    At the same time, the right to study is being severely undermined by the high cost of renting: in the main Italian university cities, average rent for a single room exceeds EUR 600, making attending university increasingly less accessible to people from low-income families.

    In the light of these problems:

    • 1.What is the state of play of the NRRP-funded university housing programme and what steps have been planned to ensure it has been implemented in full by June 2026?
    • 2.What steps will be taken to ensure that European Investment Bank and cohesion policy funds have a tangible impact on housing supply in towns and cities experiencing high housing pressure, and is a social impact assessment being planned?
    • 3.Why are municipalities not fully involved in the affordable housing initiative decision-making processes, and will their operational and financial role be stepped up?

    Submitted: 30.6.2025

    Last updated: 9 July 2025

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Answer to a written question – EU response to the Israeli Government’s announcement of 22 new illegal settlements in the occupied West Bank – P-002180/2025(ASW)

    Source: European Parliament

    The EU condemns the Israeli government’s decisions to further expand illegal settlements across the occupied West Bank and urges Israel to reverse these decisions[1]. In line with the EU’s commitment to implement United Nations Security Council Resolution 2334 and recalling that settlements are illegal under international law, constitute an obstacle to peace and threaten to make a two-state solution impossible, the EU reiterates its strong opposition to Israel’s settlement policy and actions taken in this context.

    In its Advisory Opinion of 19 July 2024, the International Court of Justice (ICJ) concluded, inter alia, that the State of Israel is under an obligation to cease immediately all new settlement activities, and to evacuate all settlers from the Occupied Palestinian Territory. The EU urges Israel to implement orders of the ICJ.

    In light of the untenable situation in Gaza due to the humanitarian blockade, and the deteriorating situation in the occupied West Bank, the High Representative/Vice-President has launched a review of Israel’s compliance with Article 2 of the EU-Israel Association Agreement[2]. Based on the review, it will be decided what further action, if any, to take.

    • [1] https://www.consilium.europa.eu/media/qa3lblga/euco-conclusions-27062024-en.pdf.
    • [2] https://eeas.europa.eu/archives/delegations/israel/documents/eu_israel/asso_agree_en.pdf.
    Last updated: 9 July 2025

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Europe: Answer to a written question – Will Europol support Member States and third countries in the fight against terrorist groups that target certain companies and their customers? – E-001418/2025(ASW)

    Source: European Parliament

    The Commission is aware, from media reporting, of incidents involving Tesla company that have occurred in some Member States[1]. It should be noted that, in accordance with Article 4(2) of the Treaty on European Union, national security remains the sole responsibility of each Member State. As such, the Commission does not intervene in individual cases that fall within the remit of national security.

    To support Member States in strengthening their resilience and capacity to respond to evolving threats, the Commission adopted the European Internal Security Strategy[2] on 1 April 2025. The strategy aims at enhancing the ability of Member States to protect societies and democracies from both online and offline threats posed by terrorists, criminals and hostile foreign actors.

    Within the limits of its mandate[3], the EU Agency for Law Enforcement Cooperation can support Member States in combating terrorism and serious crime by providing analytical support, forensic expertise, facilitating information exchange and participating in joint operations.

    • [1] https://www.reuters.com/business/autos-transportation/tesla-targeted-by-vandalism-over-musks-right-wing.
    • [2] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52025DC0148&qid=1750142913443.
    • [3] Regulation (EU) 2016/794 on the European Union Agency for Law Enforcement Cooperation (Europol).
    Last updated: 9 July 2025

    MIL OSI Europe News –

    July 9, 2025
  • MIL-OSI Africa: Government to publish strategy for planned disaster risk management

    Source: Government of South Africa

    With the Southern African region experiencing a growing number of climate-related disasters, government says it will increase its focus on reducing the fiscal and human cost of disasters by planning for them instead of reacting to them.

    “When disasters strike, government is forced to reallocate funds from other priorities to respond, often at the cost of long-term development. This cycle of crisis and reallocation is unsustainable,” the Deputy Minister of Finance, Ashor Sarupen, said on Tuesday in Parliament. 

    Through the finalisation and publishing of a National Disaster Risk Financing Strategy in the 2025/26 financial year, government’s strategy will shift from reactive funding to proactive, planned disaster risk management.

    The strategy will:

    • Introduce disaster risk financing instruments, including climate insurance products, to improve response time and predictability of funding;
    • Embed disaster risk management in grant frameworks, particularly those for infrastructure and local government, and
    • Support line departments and municipalities in mainstreaming climate risk into their financial planning and investment decisions.

    “Climate change is not a future threat. It is a present reality, and our budget frameworks must reflect that,” Sarupen said while tabling the National Treasury’s Budget Vote.

    Spending for Growth

    As part of National Treasury’s broader macroeconomic framework reforms to drive structural economic transformation and attract investment, public infrastructure spending will exceed R1 trillion over three years. 

    “This represents the fastest-growing area of government expenditure and is aimed at easing supply-side economic constraints and improving social service access. 

    “The Budget Facility for Infrastructure (BFI) is being reconfigured to attract private sector participation through multiple appraisal windows, separated investment and financing decisions, and diversified financing instruments including guarantees, build-operate-transfer structures, and concessional loans,” the Deputy Minister said. 

    New public-private partnership (PPP) regulations, effective 1 June 2025, have reduced procedural complexity, with supporting frameworks for unsolicited proposals and fiscal commitments to be published soon, while municipal PPP regulations will be finalised before the Medium-Term Budget Policy Statement.

    “A single National Treasury-overseen structure will be established this year to systematically crowd-in private sector finance and expertise, consolidating large-scale project preparation, providing PPP technical support, improving data management, and enhancing private sector engagement,” he said.

    Rebuilding local government finances

    In an effort to address service delivery breakdowns, fiscal mismanagement, and governance failures at municipalities, National Treasury is responding with targeted support and structural financial reforms.

    National Treasury’s approach focuses on the following key areas:

    • Adoption of Funded Budgets: Municipalities can no longer adopt unfunded budgets based on wishful projections. Treasury is enforcing the requirement for credible, funded budgets as the basis of municipal financial planning.
    • Revenue Value Chain Reforms: Treasury is supporting municipalities to improve billing systems, strengthen collection rates, and protect revenue integrity. Without this, no budget can be sustainable.
    • Capacity Building: Through direct technical support, Treasury is building the financial management skills of municipal officials, particularly CFOs and budget managers.
    • Financial Recovery Plans: For municipalities in financial distress, Municipal Financial Recovery Services (MFRS) provide tailored recovery plans. These are not generic interventions, they are grounded in the real financial position of each municipality.
    • mSCOA Implementation: The Municipal Standard Chart of Accounts (mSCOA) brings transparency and uniformity to local government finances. It allows us to compare apples with apples — across municipalities, across provinces, and across time.
    • Consequence Management: Treasury is working closely with the Department of Co-operative Governance and Traditional Affairs (CoGTA) and the Auditor-General South Africa (AGSA) to ensure that financial misconduct is addressed swiftly. Public money must be protected. Where there is wrongdoing, there must be consequences.

    Reforming the auditing profession

    After years of audit failures in both the public and private sectors, National Treasury is currently reviewing the Auditing Profession Act.

    The Act provides for the establishment of the Independent Regulatory Board for Auditors; the education, training and professional development of registered auditors; the accreditation of professional bodies; the registration of auditors, and the regulation of the conduct of registered auditors.

    “The proposed amendments are designed to strengthen the Independent Regulatory Board for Auditors (IRBA) and align our regulatory framework with international best practice. These reforms are not just technical changes; they are about fostering trust, integrity, and public confidence in the profession. The auditing profession plays a critical role in financial markets and public accountability,” the Deputy Minister said. – SAnews.gov.za

    MIL OSI Africa –

    July 9, 2025
  • MIL-OSI Africa: Trade Minister welcomes developments in Vodacom-Maziv merger

    Source: Government of South Africa

    Trade, Industry and Competition Minister Parks Tau has welcomed the agreement reached between the merging parties and the Competition Commission in the Vodacom-Maziv merger deal.

    “The substantial public interest commitments made by the merging parties will significantly improve access to affordable internet for underserved communities, thus enabling easier participation in economic activity, particularly for young people,” the Department of Trade, Industry and Competition (dtic) said on Wednesday.

    In October last year, the Minister noted the order issued by the Competition Tribunal prohibiting the proposed merger between Vodacom (Pty) Ltd and Maziv (Business Venture Investments No. 2213 (Pty) Ltd).

    The order followed the Competition Commission’s initial recommendation to prohibit the merger, citing significant concerns that it could substantially reduce competition in critical markets, particularly within the 5G Fixed Wireless Access (FWA) and fibre infrastructure sectors.

    READ | Minister notes Competition Tribunal’s decision on Vodacom, Maziv merger

    In a statement on Tuesday, the Competition Commission said it had reached an agreement with the parties on revised conditions that substantially remedy the competition concerns raised by the Commission in its recommendation to the Tribunal that the Vodacom/Maziv merger be prohibited.

    This agreement follows constructive engagements between the Commission and the merger parties to remedy the deficiencies in the previous conditions identified by the Tribunal in its prohibition of the merger.

    There were three primary competition concerns that were not adequately addressed by the proposed conditions at the time of concluding the Tribunal hearings.

    The first of these was the horizontal reduction in competition between Fixed Wireless Access (FWA) and Fibre to the Home (FTTH).

    According to the Commission, the revised conditions address these shortcomings by improving the capex commitment by Maziv and extending it to a five-year period post-merger to ensure that Maziv remains incentivised to service third party network operators.

    The second issue was the horizontal overlap in FTTH infrastructure and potential price increases post-merger.

    “The previous conditions were inadequate insofar as they included a ‘weak’ divestiture condition that did not adequately incentivise the merging parties to divest the overlapping infrastructure. The revised conditions put in place a standard divestiture arrangement whereby the failure to sell the assets within a particular period result in a trustee divestiture process to ensure the assets are divested and pre-merger competition is restored,” said the Commission.

    It further added that the condition follows the standard formulation used in other merger transactions and requires that a transparent and competitive process be followed to identify a proposed purchaser.
    The third issue was over vertical foreclosure concerns with the commission stating that although there were fairly comprehensive conditions in place to address foreclosure, there were notable challenges with monitoring and enforcing the conditions with the resulting concern that action would not be sufficiently timely to prevent foreclosure from occurring and harming competition.

    “The revised conditions introduce some structural changes to Maziv’s governance structure that limit the merged entity’s incentives to foreclose competitors. The conditions now also incorporate an enhanced fast-track interim relief process that will address potential foreclosure concerns while the lengthier formal process to investigate any alleged foreclosure is underway. This ensures that any attempt to get a first-mover advantage that will have an enduring effect in the market can be prevented through fast-track interim relief,” it said.

    Public interest

    The Commission added that there are significant improvements to the public interest commitments which increase the substantiality of these commitments.

    These include additional capex spend to roll-out new (Fibre-to-theBusiness (FTTB), FTTH and Fibre-to-the-Site (FTTS) infrastructure, free access to 1Gigabit per second fibre lines for public libraries and clinics passed by FTTH infrastructure, an increase in the number of police stations that Vodacom will provide with FWA products, an additional commitment to enterprise development and an increase in the employee share ownership plan previously agreed.

    “Access to reliable, high-speed internet is the cornerstone of a dynamic economy and a democratic society. The Commission is confident that the revised conditions agreed with the merger parties will ensure that South Africa will benefit from the continued competitive prices and product choices in this critical sector,” Commissioner Doris Tshepe said.

    This as Minister Tau further welcomed the investment committed by parties.

    “This commitment will ensure that South Africa participates meaningfully in the global economy through new sectors like Generative Artificial Intelligence, the Internet of Things and other ICT related sectors which will propel the world into the future.

    “The matter will proceed, unopposed, at the Competition Appeal Court where the agreement will be placed before the Court for its final consideration. The Minister thanks all parties involved for their constructive engagement throughout this process,” said the dtic.

    The Commission as one of the the three independent statutory bodies established in terms of the Competition Act to regulate competition between firms in the market, it is the investigating and prosecuting agency in the competition regime while the Tribunal is the court. – SAnews.gov.za

    MIL OSI Africa –

    July 9, 2025
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