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Category: Commerce

  • MIL-OSI Australia: How to apply or vary an approval to buy residential property

    Source:

    Are you a foreign person buying residential property

    If you are a foreign person, you need to apply for approval by lodging an application before you buy or acquire residential property in Australia.

    To apply for approval or vary an existing approval, use the residential application in Online services for foreign investorsExternal Link.

    An application fee is payable. For more information about the fees payable, see Residential fees for a foreign person. Your application cannot be reviewed until payment has been made in full. For instructions on how to pay the application fee see How foreign investors make payments or view transactions.

    If you are planning to buy one property in a specific state or territory within 12 months, consider if an Exemption certificate suits your needs.

    If you plan to buy a new dwelling from a property developer, ask the developer if they already have an exemption certificate for the dwelling. If they do, you

    • do not need to apply for approval if the purchase price of the property is under $3 million
    • need to apply for approval if the purchase price of the property is over $3 million.

    In Online services for foreign investorsExternal Link, you can also:

    • check on the status of your application
    • view previous applications lodged after 1 January 2021.

    How to apply for approval

    Before starting an application, the foreign person profile must be complete. To prevent errors, log in to Online services for foreign investorsExternal Link and update any missing details such as your phone number. For more information, see Manage your details in Online services for foreign investors.

    There are conditions that you must meet when applying for approval to buy a residential property. For information on these conditions, see Apply to buy residential property as a foreign person.

    For information relevant to your situation, see Types of residential applications to choose from.

    To lodge your application or vary an existing approval, from Online services for foreign investors select either:

    • Lodgments then Residential application, or
    • the Lodge or pay residential application quick link.

    Then select Add, then Start, and select the type of residential application that applies to your situation.

    Ensure you have the information you need to complete the application, as:

    • you must complete the application in one session
    • the service will time out after 25 minutes of no activity
    • you cannot save your progress and complete later.

    You can use the Print-friendly version to print or save your completed application as a PDF.

    Types of residential applications to choose from

    Choose the type of residential application that applies to your circumstances:

    New dwelling

    A new residential dwelling is a dwelling that:

    • will be, is being, or has been built on residential land
    • has not been previously sold as a dwelling
    • has not been previously occupied or was not occupied for more than 12 months if it was sold in a development.

    To apply for approval to purchase a new dwelling, you will need to know:

    • the relationship between the purchasers in this application – that is, sole purchaser, joint tenant or tenants in common
    • the property address
    • if a contract has been signed for the purchase of the property, and if so, if it is conditional
    • the expected purchase price of the property ($AUD)
    • the purchase method (auction, ballot, private offer, tender)
    • the date of auction or closing date of tender or ballot, if relevant
    • the tenant in common ownership percentage, if relevant

    If relevant, you will need to provide these attachments:

    • the contract, cover letter, passport, drivers licence, bridging visa.

    Established dwelling

    From 1 April 2025 to 31 March 2027, foreign persons are banned from purchasing established dwellings in Australia (limited exceptions apply). This includes temporary residents purchasing an established dwelling for use as a principal place of residence. Temporary residents can still apply for approval to purchase vacant land or new dwellings.

    An established dwelling is an existing dwelling on residential land and is not a new dwelling as described above.

    To apply for approval to purchase an established dwelling, you will need to indicate what you plan to do with the property, either:

    You will need to know:

    • the relationship between the purchasers in this application – that is, sole purchaser, joint tenant or tenants in common
    • the property address
    • if a contract has been signed for the purchase of the property
    • the expected purchase price of the property ($AUD)
    • the purchase method (auction, ballot, private offer, tender)
    • the date of auction or closing date of tender or ballot, if relevant
    • the tenant in common ownership percentage, if relevant.

    If relevant, you will need to provide these attachments:

    • the contract
    • your bridging visa.

    If redeveloping the property, you will also need to know:

    • how many dwellings currently exist on the property
    • how many dwellings will be built on the property.

    Vacant land

    Land is vacant if there’s no substantive permanent building on it that can be lawfully occupied by persons, goods, or livestock. Land that previously had an established dwelling on it is generally not considered to be vacant land.

    To apply for approval to purchase vacant land, you will need to know:

    • the property address
    • the relationship between the purchasers in this application – that is, sole purchaser, joint tenant or tenants in common
    • if a contract has been signed for the purchase of the property, and if so, if it is conditional
    • how may dwellings will be built on the property
    • the expected purchase price of the property ($AUD)
    • the purchase method (auction, ballot, private offer, tender)
    • the date of auction or closing date of tender or ballot, if relevant
    • the tenant in common ownership percentage, if relevant.

    If relevant, you will need to provide these attachments:

    • the contract
    • your bridging visa.

    Exemption certificate

    An exemption certificate allows you to purchase one property in a specified state or territory within the next 12 months. It allows you to bid or make offers on multiple properties, provided you only acquire one property. You can only proceed with purchasing one property per exemption certificate.

    You would apply for an exemption certificate instead of making a residential application for:

    • a new dwelling
    • an established dwelling (for significant redevelopment or staff accommodation only), or
    • vacant land.

    To apply for an exemption certificate, you will need to know:

    • the property type – new dwelling, established dwelling (significant redevelopment or staff accommodation only) or vacant land
    • the relationship between the purchaser/s in this application – that is, sole purchaser, joint tenant or tenants in common
    • the state or territory in which you are looking to purchase a property (one only)
    • the expected purchase price of the property ($AUD)
    • the tenant in common ownership percentage, if relevant.

    In your application, if you answer YES to the question, ‘Has a contract of sale been signed?’, you must attach the contract and your relevant visa.

    In the case of joint tenants, you will need to confirm that all purchasers are aware of their obligations.

    Variation – simple

    A simple variation is a minor change to a processed application. For example, correcting a spelling error of the name of the purchaser or property being purchased.

    To apply to make a simple variation, you will need to:

    • know the foreign investment (FIRB) ID from the original application
    • know the relationship between the purchasers in this application – that is, sole purchaser, joint tenant or tenants in common
    • include details of the non-material error (if a correction)
    • attach a cover letter with the reason and full details of your variation request.

    Variation – complex

    A complex variation is a change that is not considered minor. For example, to change or remove a condition or extend the validity period of the no-objection notification or exemption certificate.

    If you need to substantially change the original approval or increase the property limit on an exemption certificate, you will need to submit a new residential application instead of a variation.

    To apply to make a complex variation, you will need to:

    • know the foreign investment (FIRB) ID from the original application
    • know the application fee amount of the original application – this is required to calculate the correct fee
    • know the relationship between the purchasers in this application – that is, sole purchaser, joint tenant or tenants in common
    • attach a cover letter with the reason and full details of your variation request and any other information that may help us review the variation.

    If you are requesting further time for construction, you also need to provide:

    • the current status of the construction
    • the project timeline
    • supporting documents – such as building quotes, or development approval.

    If you are in breach of your approval conditions, you need to:

    • outline why you have not been able to meet your conditions
    • provide supporting evidence.

    If you are making a request to sell the property, you need to outline the details of how you intend to sell the property and when.

    Mortgagee interest

    A mortgagee interest is when a foreign person lends money to another person to purchase a property and the loan is secured by the property, for example included on the title.

    The mortgagee (lender) must lodge a residential application if a security interest is held over Australian residential land before they enter the lending arrangement.

    To apply for a mortgagee interest, you will need to know:

    • the applicant details, and review and update any incomplete details
    • the property address
    • the property type – that is, new or existing dwelling or vacant land
    • the expected mortgage amount ($AUD)
    • if a contract has been signed for the mortgage over the property, and if so, if it is conditional.

    Include any attachments that may help us to review the application, such as:

    • the loan agreement
    • a cover letter letting us know if the borrowers or lenders are close relatives
    • the contract (if relevant).

    New or near-new dwelling exemption

    This application type is for property developers only, to apply for a:

    • new and near-new dwelling exemption certificate
    • near-new dwelling exemption certificate only
    • near-new dwelling exemption certificate related to an advanced off-the-plan certificate.

    To complete the application, the property developer will need to provide:

    • the property address
    • details if there is an existing structure on the land
    • the proposed development expenditure ($AUD)
    • how many dwellings will be included in the development
    • the average price per dwelling ($AUD)
    • the estimated total sales revenue ($AUD)
    • how many dwellings have already been sold
    • when construction is intended to start and due to finish
    • details if the development has received development approval – if yes
      • date the development was approved
      • name of the granting authority
      • development approval number.

    Include any attachments that may help us to review the application, such as:

    • copies of any contracts
    • development approvals
    • architectural plans and artist impressions
    • marketing schedules
    • a cover letter
    • development construction schedules
    • a copy of the advanced off-the-plan certificate, if applicable.

    For more information, see Exemption certificates for property developers.

    You can have a different contact for your application from your authorised contacts listed in your profile. If we have questions about your application, we will contact the person listed in your application.

    You can review and update your preferred contact details by selecting either:

    • Entity – the details are prefilled. Business or entities also need to specify an individual
    • Another contact – provide a name, email, phone, role (lawyer or solicitor, migration agent, real estate agent, accountant, conveyancer, other), company legal name, country.

    MIL OSI News –

    March 31, 2025
  • MIL-OSI Australia: Are you a foreign person buying property in Australia?

    Source:

    Definition of a foreign person

    The definition of a ‘foreign person’ is complex and may apply to individuals, corporations, trusts and other entities, in ways that are not immediately obvious.

    The legal definition of a foreign person is in Guidance Note 2 – Key Concepts published on the Foreign investment websiteExternal Link.

    The term is defined in Part 1, Section 4 of the Foreign Acquisitions and Takeovers Act 1975.

    If you are unsure if you are a foreign person, you should seek independent legal advice for help.

    Individuals considered foreign persons

    You are a foreign person if you intend to buy Australian residential or commercial property, and you are not a:

    • citizen of Australia
    • permanent resident of Australia, or
    • New Zealand citizen with a special category visa.

    A permanent resident who is not ordinarily a resident in Australia may be a foreign person in some circumstances.

    Temporary residents considered foreign persons

    From 1 April 2025 to 31 March 2027, foreign persons are banned from purchasing established dwellings in Australia (limited exceptions apply). This includes temporary residents purchasing an established dwelling for use as a principal place of residence. Temporary residents can still apply for approval to purchase vacant land or new dwellings.

    You are a foreign person in the Australian foreign investment legislation if you are a:

    • temporary resident in Australia, or
    • New Zealand citizen who is non-resident in Australia.

    Special rules apply to temporary residents who purchased an established dwelling (or received foreign investment approval to buy an established dwelling) before 1 April 2025.

    A temporary resident is an individual who:

    • holds a temporary visa that allows them to stay in Australia for a continuous period of 12 months or more (regardless of the time remaining on the visa), or
    • resides in Australia, has submitted an application for a permanent visa and holds a bridging visa that allows them to stay in Australia until their application is finalised.

    Business or non-individuals considered foreign persons

    Generally, the following are considered foreign persons:

    • the corporation in which an individual not ordinarily resident in Australia, a foreign corporation or a foreign government holds a substantial interest
    • a corporation in which 2 or more persons hold an aggregate substantial interest, each of whom is one of the following
      • an individual not an ordinarily resident in Australia
      • a foreign corporation
      • a foreign government
    • the trustee of a trust in which an individual not ordinarily resident in Australia, a foreign corporation or a foreign government holds a substantial interest
    • the trustee of a trust in which 2 or more persons hold an aggregate substantial interest, each of whom is one of the following
      • an individual not ordinarily resident in Australia
      • a foreign corporation
      • a foreign government
    • a foreign government
    • any other person that meets the conditions, prescribed by the Foreign Acquisitions and Takeovers Regulation 2015.

    MIL OSI News –

    March 31, 2025
  • MIL-OSI New Zealand: Tech – Consumer NZ urges Microsoft to extend support for Windows 10 software

    Source: Consumer NZ

    Microsoft has suggested its customers migrate to the latest software – Windows 11. But with an estimated 400 million Windows 10 devices worldwide ineligible for an upgrade, the advocacy organisation Consumer NZ is concerned this is an anti-consumer move.

    Nick Gelling, product test writer at Consumer, explains that the premature expiry of Windows 10 could turn into a tech nightmare for hundreds of thousands of people, with all editions of the software ceasing to receive security updates or technical support from 14 October 2025.

    “Computers running Windows 10 must meet a strict list of technical requirements (including having a Microsoft-approved processor) before they can get their Windows 11 upgrade,” says Gelling. “However, those compatibility requirements were only announced in June 2021.”

    That means consumers who spent thousands on a new PC in early 2021, for example, had no idea their purchase would be obsolete in just 4 years’ time.

    “Under the Consumer Guarantees Act [CGA], a computer should last a reasonable amount of time. In our view, anything short of 5 years, for a decent model, is likely to be unreasonable,” Gelling says.

    “The time between the announcement being made and when support for Windows 10 ends needs to be the length of a reasonable lifespan of a computer. Four years is not good enough.

    “Considering the number of computers still running Windows 10, an extension is needed. We’d like to see Microsoft push out the October 2025 date by at least another year.”

    Global cyber safety is at risk

    Microsoft claims that security was a guiding principle when setting the hardware requirements for Windows 11. Gelling believes the decision to leave an estimated 400 million PCs unprotected flies in the face of that principle.  

    “We’re reluctant to accept Microsoft’s argument that this is about security. Considering Microsoft’s near monopoly on PC operating systems, it has a responsibility to keep all PC users safe,” he says.

    One of the most wasteful events in modern technological history?

    Gelling says millions of consumers who are tied to the Windows ecosystem and want to stay safe and private online may feel they have to throw out perfectly good computers.

    PCs that end up in landfill will leach heavy metals into the land and waterways.  

    “Loyal Microsoft customers are left to either fork out the money for a Windows 11 PC or put themselves at risk by continuing to use their current PC without those crucial security updates.

    “Considering Microsoft’s market dominance, we think it’s irresponsible – economically and environmentally – to abandon support for such a significant quantity of PCs.”

    What else can consumers do?

    “If your computer is compatible with Windows 11, upgrade now,” urges Gelling.

    “If you can’t upgrade, Microsoft is offering an extra year of support for Windows 10, but you’ll need to pay for it.”

    This is Microsoft’s Extended Security Updates (ESU) programme, and it’s the first time Microsoft is offering it to individuals (rather than only their business customers).

    “It’ll cost around $50, and unlike the commercial ESU, which runs for up to 3 years, the personal one will last for just 12 months.”

    “Alternatively, you could install a new operating system entirely. Switching to ChromeOS Flex or Linux Mint will take a bit of getting used to, but you’ll be better protected than if you do nothing,” says Gelling.

    “We want Microsoft to extend its deadline for free rather than charging for the ESU programme – or offer support beyond the currently specified 12 months. Too many Microsoft customers are at its mercy and will be left with limited choice when Windows 10 expires.”

     

    Notes

    For more information about what you can do to keep your PC safe, visit Consumer’s website: https://consumernz.cmail20.com/t/i-l-fdhhttl-ijjdkdttjk-y/

    Glossary

    Windows 10 and Windows 11 are operating systems developed by Microsoft. Windows 11 features a redesigned interface and other new features.

    A processor (or a central processing unit) is a piece of hardware, sometimes thought of as the computer’s “brain” as it is responsible for executing instructions to operate the system (such as Windows 10 or 11).

    MIL OSI New Zealand News –

    March 31, 2025
  • MIL-OSI New Zealand: Appointments – SAP Expands ANZ Leadership with Two Key Appointments

    Source: Botica Butler Raudon Partners

    Hires Brian Senior and Gretta Svendsen to Double-Down on Public Sector and Accelerate Growth

    SAP NEWSBYTE – March 31, 2025 – SAP today announced it has strengthened its leadership team in Australia and New Zealand (ANZ) with two strategic appointments, accelerating momentum in one of its fastest-growing cloud markets.  Brian Senior joins as Executive General Manager, Federal Government, SAP ANZ, to boost public sector engagement. Gretta Svendsen, joining as Executive General Manager – Corporate, SAP ANZ will drive new customer acquisition through partner expansion and SAP’s digital channel.

    Commenting on the appointments, Angela Colantuono, President and Managing Director SAP ANZ, said, “Businesses across ANZ are navigating increasing pressure to digitise and speedily innovate. For more than 35 years, SAP has worked with ANZ businesses to operate, compete and deliver value.  Now, with our modern cloud and AI solutions, both existing and new customers are turning to us to adapt and scale in this era.   The combined expertise and vision that Brian and Gretta bring, combined with their deep relationships in the public sector and with partners, will play a vital role as SAP continues to deliver solutions that create real impact.”

    Deepening commitment to the government and public sector

    SAP is fully committed to helping the government and public sector simplify operations and drive productivity. Strengthening this focus, Brian joins SAP in Canberra with extensive experience of over 20 years in sovereign hyperscale cloud solutions across Federal, Defence, State and Education sectors within ANZ. Brian’s deep understanding of the public sector landscape, combined with his direct experience in shaping and delivering cloud solutions previously at both Google Cloud and Amazon Web Services (AWS), will be instrumental in driving SAP’s strategic initiatives working with the government and public sector. A key aspect of Brian’s role will be to champion the successful adoption and expansion of the Whole of Government agreement between SAP and the Digital Transformation Agency (DTA).

    “My background and experience in sovereign cloud solutions have provided me with a comprehensive understanding of the unique needs of government agencies. As a long-time Canberran, I am thrilled to join SAP and apply this knowledge locally when working with our customers. With SAP’s deep history across the government and public sector in ANZ, I am excited to help even more organisations maximise the transformative impact of AI and cloud technologies, as they accelerate their digital journey while improving efficiency gains, fostering innovation, and delivering enhanced services to citizens,” said Brian Senior.

    Driving growth through partners and digital channels

    Recognising the crucial role partners play in driving value for customers across their entire lifecycle, for 2025 and beyond SAP ANZ has expanded the opportunities for partners to work directly with customers.

    In her new role, Gretta will be responsible for accelerating SAP’s partner-led growth strategy and strengthening collaboration and operational excellence to deliver greater value to customers. Building on a successful trial across Australia and New Zealand in 2024, she will lead the expansion of this go-to-market model, enabling partners to play a pivotal role in accelerating innovation and business transformation.  With a strong digital sales record, Gretta is posed to leverage the SAP Digital Hub in ANZ, to provide customers with resources and automation to maximise their investment.

    “I’m always excited by new challenges and driven by helping customers transform. With AI reshaping business operations, we’re in an era of innovation. SAP is poised to lead, and to stay ahead, we must scale through our partners and digital channels—that’s the future,” said Gretta Svendsen, who will be based in Sydney.

    Visit the SAP ANZ News Center: https://news.sap.com/australia/

    MIL OSI New Zealand News –

    March 31, 2025
  • MIL-OSI Australia: Staff who are volunteers too

    Source:

    Lukasz Lipnicki

    Whether they become staff members first then join a brigade, or vice versa, these dedicated CFA members live and breathe CFA – and love it.

    Lukasz Lipnicki, South East Region
    With CFA volunteers at the heart of what he does as both a firefighter and staff member, Lukasz Lipnicki well and truly embodies the spirit of CFA and community service.    

    Working as a regional brigade administrative support officer for the past five years, Lukasz coordinates volunteer sustainability projects in the region, such as the District 9 and District 27 Women’s Network, Women’s Challenge Camp, and Diversity and Inclusion Working Group.

    On the other side of the hose, Lukasz reflects fondly on his near four years as a Cockatoo Fire Brigade member, particularly enjoying the regular contact he gets with volunteers as it reminds him of why they do the work they do.   

    “Overall, being a CFA volunteer is fun. I enjoy the camaraderie of the brigade, the nature of the work, the callouts and more broadly being a part of our organisation for our community,” Lukasz said.  

    “I’m currently the brigade’s health and safety officer. My job has helped me understand the dynamics and the nuances of how CFA systems and processes work.   

    “Every day I travel across the south-east interacting with members in Districts 9, 10 or 27, even as far out as 11. Having the language and understanding of what firefighters face on the ground is invaluable.  

    “Having completed the General Firefighter course and attended incidents, working alongside other emergency services and being deployed to major fires has allowed for relatable conversations and the opportunity to build rapport.”  

    Lukasz said whether they are rolling out region-wide strategies, delivering supplies, or considering where to park when visiting stations, they are mindful of making each other’s lives a little easier.  

    “Our staff and volunteers lead busy lives and give CFA so much while asking for so little,” Lukasz said. “I think it’s important that, wherever we can, we all consider how best to support each other in the decisions we make.”  

    Given Lukasz’s nature to assist in times of need, when Cockatoo was hit by a severe storm in February 2024, he was able to lend a hand to his brigade members behind the scenes.   

    “I decided to head to IGA to grab a few roast chooks, bread rolls, and a slab of soft drink for when they came back to refuel and swap crews,” Lukasz said. “Pulling up to a hot meal and something to drink brought a lot of smiles out.” 

    Tegan Kearney, South West Region
    Tegan Kearney can be found tackling spreadsheets and helping managers and executives manage their budgets in her day job at CFA as the Senior Finance Business Partner in the Financial Planning and Analysis Team. But her work with CFA extends beyond the dollars and cents.   

    As a volunteer for Grovedale Fire Brigade in Geelong, Tegan doesn’t hesitate to roll up her sleeves and help her local community.   

    After getting a job at CFA in 2019 shortly before the Black Summer fires, Tegan said she was overwhelmed with the camaraderie she saw in CFA, even from people working from a desk.   

    “It was like nothing I had ever experienced in my career before, having come from a banking background,” Tegan said. “Everyone was focused on the fires no matter what their role. They put aside their usual tasks and turned their attention to how they could help.  

    “Whether it was working in an incident management team in a finance or logistics capacity, backfilling someone else with specific skills so they could be freed up to help, driving people or resources to where they need to be, everyone just did what they could.”  

    Seeing how well everyone worked together towards a common goal encouraged Tegan to think about how she could contribute even more and that led her to knock on the door of Grovedale Fire Brigade.

    Being a volunteer in the same location as your work is a unique experience, but Tegan said it is one she loves.   

    “My roles are completely different but they both ultimately work towards the same outcome of supporting CFA to protect lives and property,” Tegan said.   

    Tegan is grateful CFA encourages her passion for volunteering as well as working.    

    “My work colleagues are really good and understanding of my role as a volunteer. They support me to attend callouts or deployments wherever possible.”   

    Tegan said she loved CFA and felt lucky to be able to work and volunteer with such an organisation.   

    “CFA is an organisation you can be proud to be a part of, whether you are working at HQ, supporting the brigades on the ground or jumping on a truck,” Tegan said. “It’s all important work and it’s a good feeling knowing you are contributing to that.”

    Will Hodgson, West Region
    In 1991, 14-year-old Will Hodgson boarded a bus home from Fiskville after a CFA training session, unaware that over the next 34 years the organisation would become a central part of his life.  

    What began as a way to help his community following the Warrandyte bushfires that year has grown into a lifelong commitment to fire and emergency services.  

    “During the fires in ’91, I remember feeling helpless watching the helicopters and fire trucks as smoke filled the air. I made a phone call to North Warrandyte brigade and haven’t looked back since,” Will recalled.  

    “I’ve been turning out since I was 14 years of age – the rules were a bit different back then.”  

    Will’s volunteer CFA journey has been marked by steady progression.  

    “I spent more than 16 years at North Warrandyte, then transferred to Christmas Hills and then onto Warrandyte, moving through the officer ranks in all three brigades.”  

    His professional career with CFA began in 2008 as a pad operator at Bangholme training ground working on volunteer and promotional courses. Over the years, he has taken on numerous roles, including working on the Road Crash Rescue Support Project.  

    Today, Will is the captain of Warrandyte brigade and a full-time employee with Fire Rescue Victoria seconded to CFA as the pad supervisor at Central Highlands training ground in Ballan.  

    “Balancing the dual roles has its challenges, but ultimately it’s been rewarding,” he said. “The bonus of playing in both worlds is gaining a holistic understanding of what the organisation is trying to achieve. I’ve also become a bit of a conduit for other volunteers looking for guidance.” 

    Will has been deployed to some of Victoria’s most significant incidents and travelled interstate.  

    Reflecting on his journey, Will said, “I didn’t think this would be a career path, but CFA showed me you can learn new skills and be given opportunities. I was lucky enough to turn a hobby into a career and a passion. 

    “I’d never have dreamed that the 14-year-old on a bus to Fiskville would one day be responsible for a CFA training facility. Set yourself a dream; you never know what’s possible.”  

    Tanya Lumley, North East Region
    Seeing her dad volunteering with CFA during the Ash Wednesday fires started a long-lasting love of CFA within Tanya. She is a member of Strathbogie brigade and works in the Volunteer Sustainability Team (VST). 

    Originally a volunteer with Boneo brigade, Tanya recently transferred to Strathbogie brigade, where she said she is incredibly lucky to have an amazing mentor.

    “I was sad to leave an awesome brigade, and joining a new brigade felt a little like starting again,” Tanya said. “But seeing my new team in action on the fireground and how willing they were to share their skills and knowledge, made me happy about my new brigade home.”

    Tanya said she loved both her VST role and being a volunteer at CFA and she was lucky the roles complemented each other. 

    “Although I’m only new to the role in VST, I can see that it allows for a great understanding of the diverse experiences and needs of brigades and volunteers,” she said. 

    “On the other hand, learning from the experienced and skilled members of my brigade equips me with valuable knowledge that I can take to my day job. Working on projects that help to empower brigades, having experienced what it’s like in a brigade, is incredibly rewarding. It’s a bit of a symbiotic experience.”

    Tanya has a strong connection to the community and she’s happy that CFA embodies this value and gives her a place where she can uphold it in both her personal and professional life. 

    “Being a member of a CFA brigade embodies community for me – a bunch of people working together to do good. At my brigade and office I’m surrounded by dedicated people who are passionate about making a difference. That’s such a wonderful place to be.” 

    Tanya said balancing work and volunteering for her is no different from all the other volunteers who give up their time. 

    “Just like all members who have a job and volunteer for CFA, we do what we can and what we have time for. We all have families and hobbies and interests outside of these roles and they’re just as valuable and important,” she said. 

    Despite being a new staff member, Tanya said she was already feeling good about taking her passion for CFA and making it her day job, and she’s pleased to be working with fantastic people.

    Submitted by News and Media

    MIL OSI News –

    March 31, 2025
  • MIL-Evening Report: Some Gen Zs are taking a ‘micro-retirement’. It’s one way to address burnout – but it comes with risks

    Source: The Conversation (Au and NZ) – By Sugumar Mariappanadar, Senior Academic Researcher – Human Resource Management and Management, Australian Catholic University

    Dmitry Molchanov/Shutterstock

    For young people in the early stages of their career, the idea of waiting 40 years or more to retire might feel like a marathon. For those already feeling burnt out, it can be an excruciating thought.

    So – why not take a break or two somewhere along the way?

    The concept of “micro-retirement” is having a moment. While the term appears to have been first coined in 2007, it’s recently found new popularity on social media.

    The idea is that retirement doesn’t have to be a fixed, clearly defined period at the end of your working life. Rather, it’s possible to restore your human energy and levels of wellbeing by dipping in and out of it, with small or large career breaks.

    Many onlookers have pointed out that the underlying concept is not a new idea. Sabbaticals and other kinds of career breaks have been a feature of the workforce for a long time.

    However, the trend gripping some of the Gen Z workforce on social media appears to be slightly different. And while it’s trying to solve some legitimate problems, it could also carry some unique risks.

    Taking a break

    The notion that rest is crucial – that humans shouldn’t just work themselves into the ground – is very old indeed.

    Major religions around the world have long preached the importance of rest and restoration for human beings to survive the hardship of paid work.

    Letting employees get burnt out isn’t a good outcome for anyone.
    fizkes/Shutterstock

    Career breaks, however, are a bit different from the ordinary rest opportunities we get such as weekends, public holidays and annual leave. There are a few different types.

    The first is the full-time career break, such as a sabbatical. This is where an employee, in consultation with their employer, hits pause for an extended period.

    This might be to enjoy travel, develop new hobbies or complete training necessary for career progression. However, the company typically continues to pay a salary (or a percentage of it) during the mutually agreed period.

    In Australia, many employees are entitled to paid long service leave after serving between seven and 10 years with the same employer, depending on which state or territory they’re in.

    Taking a full-time job part-time, can also constitute a kind of career break for some. This is where an employee reduces their working hours or days and earns reduced pay compared to full-time work.

    Other types of long-term leave can include parental leave and leave for medical assistance.

    In Belgium, a government scheme allows employees to take a career break of up to a year, during which they receive a paid allowance from the government. Previous research into the scheme showed 76% of employees taking full-time career breaks from both public and private sectors were aged between 25 and 49.

    In Belgium, a government scheme allows people to take career breaks.
    Werner Lerooy/Shutterstock

    Micro-retirement might be different

    When Gen Z is talking about micro-retirement, they often aren’t talking about exactly the same thing as a paid, mutually agreed sabbatical.

    For many, micro-retirement is a voluntary choice to terminate their employment and support their living through personal savings or government support.

    But they are trying to solve similar problems: the health and wellbeing risks associated with pushing too hard – or for too long – at work.

    Research by the World Health Organization found the number of deaths from heart disease and stroke that could be attributed to long working hours increased by 29% between 2000 and 2016.




    Read more:
    What’s the difference between burnout and depression?


    The energy ceiling

    My own previous research has examined the “ceiling effect” of human energy. This is when an employee’s energy depletion reaches a tipping point due to their work and begins to affect their wellbeing.

    When employees reach the tipping point, or ceiling effect at work, they often use coffee and alcohol as a coping mechanism. This has long-term negative impacts on health.

    Sleep also becomes a problem, which can lead to “presenteeism” – where employees show up physically to work but function poorly. This can cost businesses in lost employee productivity.

    Flexible or hybrid work can be a double-edged sword that leads to intrusion on home life.

    Like any extended break, micro-retirement is a way to replenish or restore the energy depleted. Research into Belgium’s career break scheme found it did improve individual physical and mental health – but it’s important to remember this scheme paid an allowance.

    What are the risks?

    Micro-retirement might be a new label. But drawing parallels from research into career breaks, there is evidence of so-called “scarring” effects.

    This is where the future wages of an individual attempting to re-enter the job market after a career break may be lower than if they had an uninterrupted career.

    This can impact physical and mental health, and lead to lower income levels in retirement.

    Businesses may not be too inclined to develop policies to implement paid career breaks such as sabbaticals. That may lead more young people to take their own unpaid breaks.

    Outside of taking extended breaks, there’s a broader discussion to be had about increasing productivity by redesigning the way we work every day with sustainability and flexibility in mind.

    It’s crucial there are ways for employees to disengage from work on a daily basis to restore and replenish their energy.

    In addition to his academic post at Australian Catholic University, Sugumar Mariappanadar is a senior sustainability advisor at InSync Australia, where he has advised businesses on environmental, social and governance (ESG) sustainability business strategy.

    – ref. Some Gen Zs are taking a ‘micro-retirement’. It’s one way to address burnout – but it comes with risks – https://theconversation.com/some-gen-zs-are-taking-a-micro-retirement-its-one-way-to-address-burnout-but-it-comes-with-risks-252505

    MIL OSI Analysis – EveningReport.nz –

    March 31, 2025
  • MIL-OSI USA: Cantwell Statement on Valley Medical Center Layoffs

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    03.30.25

    Cantwell Statement on Valley Medical Center Layoffs

    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), senior member of the Senate Finance Committee and ranking member of the Senate Committee on Commerce, Science, and Transportation, gave the following statement regarding the 101 recent layoffs at Valley Medical Center in Renton:

    “Hospitals in Washington state rely heavily on stable Medicaid funding. I urge the Centers for Medicare and Medicaid Services to quickly approve Washington state’s 2025 application for the Safety Net Assessment Program so our hospitals can continue to provide care for the most vulnerable.. The necessity of this program shows how hospitals are already struggling to keep pace with costs – and Congressional Republicans’ plan to slash up to $880 billion from Medicaid would be devastating for patients and hospitals. We should not be giving hospitals another reason to worry when they are busy providing lifesaving care.”



    MIL OSI USA News –

    March 31, 2025
  • MIL-Evening Report: View from The Hill: Dutton has questions to answer on gas; Albanese has supermarket answer still hunting for the problem

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    Peter Dutton is a tease when it comes to the fine print of policies. At least that’s the benign explanation. Critics have a harsher take on why we’re always being told to wait for the detail. They would claim his policies are often thin, or unfolded on the run.

    Right now, we’re into the first week of the campaign and we’re still waiting for more on the Coalition’s gas reservation policy, announced in Dutton’s budget reply, as well as precision on its immigration policy and for how much extra it would spend on defence.

    Dutton said on Sunday we’d get information on the gas policy in the next “couple of days”.

    Danny Price, of Frontier Economics, has been hard at work, putting some modelling together. Price did the modelling for the opposition’s controversial nuclear policy, finding it much cheaper than the government’s energy transition plan. But those numbers depend on the assumptions. That modelling was contested, and no doubt so will be the gas policy analysis.

    Whatever the numbers that come out, they won’t include one key figure: what you would (arguably) save on your power bill. The opposition has learned something from Labor’s debacle of promising, before the last election, that its energy policy would save households $275 by 2025.

    At the weekend Albanese dismissed Labor’s modelling before the 2022 election as “RepuTex modelling based on the circumstances at the time”. Indeed.

    Dutton has, however, suggested his gas policy would reduce the wholesale domestic price from $14 per gigajoule to under $10 a gigajoule. More gas would mean cheaper prices, is its logic.

    The opposition’s thinking is that it lands the generality of a policy first, lets the public absorb that, and then produces detail. But the trouble with releasing the detail so late is the Coalition is likely to get bogged down in a confusing and damaging debate over what opponents will say are dodgy numbers and assumptions.

    This can lose a day or more and there aren’t that many days in a five-week campaign, especially when pre-polling starts a fortnight before the end.

    While Dutton was batting off questions about gas at the weekend, Anthony Albanese swung into his campaign stride in a comfort zone – at attack on supermarkets.

    He announced that if re-elected, Labor will legislate against supermarkets being able to price gouge. Not immediately though. There’d be a taskforce to work out the detail.

    There’s more than a touch of chutzpah here. We’ve just seen the report of a long inquiry by the Australian Competition and Consumer Commission into supermarkets. It found they were very profitable but it didn’t find price gouging. Its raft of recommendations did not include legislation on price gouging.

    This hasn’t deterred the PM, who provided his own definition of the problem. “I got asked today by someone … ‘how do you know what price gouging is?’ Price gouging is when supermarkets are taking the piss off Australian consumers. That’s what it is. That’s what price gouging is. Everyone out there knows. Consumers know. We’ll take action here.”

    He did give the rather less colloquial EU definition.“In the EU, a price is unfair and excessive if, and to quote their law, ‘it has no reasonable relation to the economic value of the product supplied’.”

    After a fairly ordinary start to the campaign, this week Donald Trump will step right into the centre of it, with his much-anticipated tariff announcement. Australian officials continue to lobby the US; no one is confidently predicting whether or not we’ll be escape the firing line.

    Before the Trump announcement will come Tuesday’s first meeting of the new monetary policy board that has been set up under Labor’s changes to the Reserve Bank.

    Unlike February, when all the heat was on the bank’s governor to deliver that rate cut (which did come), nobody is expecting another cut yet. Michele Bullock can relax this week.

    Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. View from The Hill: Dutton has questions to answer on gas; Albanese has supermarket answer still hunting for the problem – https://theconversation.com/view-from-the-hill-dutton-has-questions-to-answer-on-gas-albanese-has-supermarket-answer-still-hunting-for-the-problem-253118

    MIL OSI Analysis – EveningReport.nz –

    March 30, 2025
  • MIL-OSI China: Cambodia-China economic, trade cooperation provides mutual benefit, win-win results: official

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

    Cambodia-China economic, trade cooperation provides mutual benefit, win-win results: official

    PHNOM PENH, March 30 — Cambodia-China economic and trade cooperation has provided tremendous benefits and win-win results, a senior commerce official said on Friday.

    The Cambodian Ministry of Commerce’s Secretary of State and spokesperson Penn Sovicheat said key achievements under this cooperation included the Sihanoukville Special Economy Zone, the Phnom Penh Sihanoukville Expressway, and the Siem Reap Angkor International Airport.

    “These mega-projects are prime examples of practical cooperation in economics and trade between Cambodia and China and are also the fruits of cooperation between the two countries under the Belt and Road Initiative,” he told Xinhua.

    “These projects have importantly contributed to boosting Cambodia’s economy, trade, manufacturing industry, connectivity infrastructure, tourism, and logistics,” he added.

    Sovicheat said that the Siem Reap Angkor International Airport and the Techo International Airport, which is scheduled to open to commercial operations in July 2025, will play a vital role in handling the remarkably growing number of tourists.

    “Moreover, the simultaneous entry into force of the Regional Comprehensive Economic Partnership Agreement and the Cambodia-China Free Trade Agreement on Jan. 1, 2022, have also laid a strong foundation for Cambodia and China to enhance their trade and investment relations,” Sovicheat said.

    Under these trade pacts, a number of Cambodian products, especially high-quality agricultural produce such as milled rice, yellow bananas, mangoes, longans, and peppercorn, as well as some wild aquatic products have been exported to China with preferential tariffs, he added.

    The spokesperson said China is a huge market for made-in-Cambodia products and the two countries enjoy steady and positive trade growth every year.

    He said both countries have also enjoyed good cooperation in e-commerce as many types of made-in-Cambodia products have been put up for sale on Chinese e-commerce platforms such as Alibaba.

    “China is a trustworthy partner for Cambodia,” he said. “Looking forward, our two-way trade volume will continue to rise, undoubtedly.”

    Sovicheat said since 2023, the two countries have also worked together to develop an “Industrial Development Corridor” and a “Fish and Rice Corridor.”

    “The Industrial Development Corridor is crucial to support the transformation of coastal Sihanoukville into a model multipurpose special economic zone, while the Fish and Rice Corridor is vital to develop modern ecological agriculture near the Tonle Sap Lake,” he said.

    In conclusion, he said, all these cooperation mechanisms will inject stronger momentum into broadening bilateral economic, trade, and investment relations for mutual greater benefits towards building a high-quality, high-level, and high-standard Cambodia-China community with a shared future in the new era.

    MIL OSI China News –

    March 30, 2025
  • MIL-OSI Africa: Secretary-General’s message on the International Day of Zero Waste [scroll down for French version]

    Source: United Nations – English

    strong>Download the video: 
    https://s3.us-east-1.amazonaws.com/downloads2.unmultimedia.org/public/video/evergreen/MSG+SG+/SG+Intl+Day+of+Zero+Waste+7+Feb+25/3336952_MSG+SG+INTL+DAY+OF+ZERO+WASTE+07+FEB+25.mp4

    This year’s International Day of Zero Waste puts the focus on fashion and textiles.

    And rightly so.

    Earth is a fashion victim.

    Textile production often uses thousands of chemicals – many of them harmful to people and the environment. 

    It devours resources, like land and water.

    And it belches out greenhouse gases – inflaming the climate crisis.

    Yet clothes are being produced at a staggering rate.

    And textile wastage is huge: every second, the equivalent of a garbage truck full of clothing is incinerated or sent to landfill. 

    We need a different approach:

    One that delivers on the commitment in the Sustainable Development Goals for sustainable production and consumption.

    There are signs of hope.

    Consumers are increasingly demanding sustainability.

    Important initiatives are bringing together business, industry associations, civil society, and more to drive sustainability across the sector.

    They include the Fashion Industry Charter for Climate Action – convened by the United Nations – and the Fashion Pact, launched by the Government of France.

    And the United Nations Advisory Board on Zero Waste is uniting partners to end waste – including from textiles – and to help meet the SDGs.

    But we must do more to secure change:

    Consumers through their choices;

    Young people and civil society through advocacy;

    Governments through regulations promoting sustainability and decent jobs;

    And businesses through embracing circularity, waste reduction and resource efficiency across their supply chains.

    On this International Day for Zero Waste, let’s all commit to ensure fashion sense makes good sense for people and planet.

    ***

    Cette année, la Journée internationale du zéro déchet est consacrée à la mode et aux textiles.

    Et pour cause !

    La Terre est victime de la mode.

    La fabrication des textiles fait souvent appel à des milliers de substances chimiques, dont beaucoup sont nocives pour les êtres humains et l’environnement.

    Elle dévore les ressources telles que la terre et l’eau.

    Et émet des gaz à effet de serre, aggravant la crise climatique.

    Pourtant, on produit des vêtements à un rythme effréné.

    Le gaspillage textile est énorme : chaque seconde, l’équivalent d’un camion à ordures rempli de vêtements est incinéré ou mis en décharge.

    Nous devons adopter une approche différente,

    qui permette de tenir les promesses des objectifs de développement durable en matière de production et de consommation.

    Il y a des lueurs d’espoir.

    Les consommateurs exigent de plus en plus des pratiques durables.

    D’importantes initiatives rassemblent les entreprises, les associations industrielles, les acteurs de la société civile et d’autres acteurs afin de promouvoir la durabilité dans l’ensemble du secteur.

    Il s’agit notamment de la Charte de l’industrie de la mode pour l’action climatique, établie par l’ONU, et du Fashion Pact, lancé par le Gouvernement français.

    À l’ONU, le Conseil consultatif pour le zéro déchet réunit actuellement des partenaires pour mettre fin à la production de déchets, notamment textiles, et contribuer à la réalisation des objectifs de développement durable.

    Mais nous devons faire plus pour ancrer le changement :

    les consommateurs, par leurs choix ;

    les jeunes et la société civile, grâce à des activités de sensibilisation ;

    les gouvernements, au moyen de réglementations favorisant la durabilité et les emplois décents ;

    les entreprises, en embrassant l’économie circulaire, la réduction des déchets et l’emploi efficace des ressources dans leurs chaînes d’approvisionnement.

    En cette Journée internationale du zéro déchet, engageons-nous à faire en sorte que la mode ait du sens pour les populations et pour la planète.

    ***
     

    MIL OSI Africa –

    March 30, 2025
  • MIL-OSI United Nations: Secretary-General’s message on the International Day of Zero Waste [scroll down for French version]

    Source: United Nations secretary general

    Download the video: 
    https://s3.us-east-1.amazonaws.com/downloads2.unmultimedia.org/public/video/evergreen/MSG+SG+/SG+Intl+Day+of+Zero+Waste+7+Feb+25/3336952_MSG+SG+INTL+DAY+OF+ZERO+WASTE+07+FEB+25.mp4

    This year’s International Day of Zero Waste puts the focus on fashion and textiles.

    And rightly so.

    Earth is a fashion victim.

    Textile production often uses thousands of chemicals – many of them harmful to people and the environment. 

    It devours resources, like land and water.

    And it belches out greenhouse gases – inflaming the climate crisis.

    Yet clothes are being produced at a staggering rate.

    And textile wastage is huge: every second, the equivalent of a garbage truck full of clothing is incinerated or sent to landfill. 

    We need a different approach:

    One that delivers on the commitment in the Sustainable Development Goals for sustainable production and consumption.

    There are signs of hope.

    Consumers are increasingly demanding sustainability.

    Important initiatives are bringing together business, industry associations, civil society, and more to drive sustainability across the sector.

    They include the Fashion Industry Charter for Climate Action – convened by the United Nations – and the Fashion Pact, launched by the Government of France.

    And the United Nations Advisory Board on Zero Waste is uniting partners to end waste – including from textiles – and to help meet the SDGs.

    But we must do more to secure change:

    Consumers through their choices;

    Young people and civil society through advocacy;

    Governments through regulations promoting sustainability and decent jobs;

    And businesses through embracing circularity, waste reduction and resource efficiency across their supply chains.

    On this International Day for Zero Waste, let’s all commit to ensure fashion sense makes good sense for people and planet.

    ***

    Cette année, la Journée internationale du zéro déchet est consacrée à la mode et aux textiles.

    Et pour cause !

    La Terre est victime de la mode.

    La fabrication des textiles fait souvent appel à des milliers de substances chimiques, dont beaucoup sont nocives pour les êtres humains et l’environnement.

    Elle dévore les ressources telles que la terre et l’eau.

    Et émet des gaz à effet de serre, aggravant la crise climatique.

    Pourtant, on produit des vêtements à un rythme effréné.

    Le gaspillage textile est énorme : chaque seconde, l’équivalent d’un camion à ordures rempli de vêtements est incinéré ou mis en décharge.

    Nous devons adopter une approche différente,

    qui permette de tenir les promesses des objectifs de développement durable en matière de production et de consommation.

    Il y a des lueurs d’espoir.

    Les consommateurs exigent de plus en plus des pratiques durables.

    D’importantes initiatives rassemblent les entreprises, les associations industrielles, les acteurs de la société civile et d’autres acteurs afin de promouvoir la durabilité dans l’ensemble du secteur.

    Il s’agit notamment de la Charte de l’industrie de la mode pour l’action climatique, établie par l’ONU, et du Fashion Pact, lancé par le Gouvernement français.

    À l’ONU, le Conseil consultatif pour le zéro déchet réunit actuellement des partenaires pour mettre fin à la production de déchets, notamment textiles, et contribuer à la réalisation des objectifs de développement durable.

    Mais nous devons faire plus pour ancrer le changement :

    les consommateurs, par leurs choix ;

    les jeunes et la société civile, grâce à des activités de sensibilisation ;

    les gouvernements, au moyen de réglementations favorisant la durabilité et les emplois décents ;

    les entreprises, en embrassant l’économie circulaire, la réduction des déchets et l’emploi efficace des ressources dans leurs chaînes d’approvisionnement.

    En cette Journée internationale du zéro déchet, engageons-nous à faire en sorte que la mode ait du sens pour les populations et pour la planète.

    ***
     

    MIL OSI United Nations News –

    March 30, 2025
  • MIL-OSI China: India-US trade talks held in New Delhi

    Source: China State Council Information Office

    Trade officials from India and the United States concluded their four-day parleys on Saturday, with both sides resolving to deepen bilateral cooperation in priority areas, including increasing market access, said a statement issued by India’s Ministry of Commerce and Industry.

    The officials decided to reduce tariff and non-tariff barriers, and deepen supply chain integration in a mutually beneficial manner, added the statement.

    The trade talks were held as a follow-up to the February India-U.S. Joint Statement, in which the two sides agreed to expand bilateral trade to reach 500 billion U.S. dollars by 2030, including through the conclusion of a Bilateral Trade Agreement.

    MIL OSI China News –

    March 30, 2025
  • MIL-OSI United Kingdom: Business “at the heart” of Scotland’s relationship with USA

    Source: Scottish Government

    FM to focus on bringing jobs and investment to Scotland.

    Business links, trade, and investment is “at the heart” of Scotland’s long-standing relationship with the USA, First Minister John Swinney said ahead of his first stateside visit.

    The First Minister said he will use his platform at Tartan Day to build on the existing links and strengthen relations between Scottish and US businesses, and focus his efforts on bringing jobs and investment to Scotland.

    In addition to leading Scotland’s presence at the annual Tartan Day Parade, the First Minister will promote Scotland as a world-class place to do business, champion Scotland’s culture sector at an event at Carnegie Hall featuring some of Scotland’s best artists, and lead a discussion and Q&A on Scotland’s progressive and international outlook at the Council on Foreign Relations.

    He will also meet with a number of key current and potential investors to promote the economic opportunities on offer in Scotland.

    The First Minister said:

    “Scottish culture is celebrated the world over – it brings people together, and it shares Scotland with the world. Tartan Week in New York is a wonderful example of that.

    “But these events are more than just a chance to celebrate our culture. They are an opportunity for us to foster new business relationships and strengthen the trade and investment ties between our two countries.

    “The US is a priority trade partner for Scotland, and consistently the top country for Scottish exports. In 2023, we exported nearly £4 billion of goods to America, and we imported roughly the same amount. 

    “America is also the top investor in Scotland, with over 700 companies employing over 115,000 people in key sectors. That is a tremendous and welcome contribution to our economy and our communities. 

    “I want to attend Tartan Week to maintain, and further grow, these important links – links which have for centuries been at the heart of our relationship with the USA.”

    President of the National Tartan Day New York Committee Kyle Dawson said:

    “We’re delighted that the First Minister will be joining our NYC Tartan Week festivities. It’s a privilege to provide a platform that facilitates and strengthens international relationships and in the spirit of celebrating Scottish culture and heritage in the United States we look forward to welcoming the First Minister to our events.”

    MIL OSI United Kingdom –

    March 30, 2025
  • MIL-OSI United Kingdom: Crackdown on illegal working and rogue employers in ‘gig economy’

    Source: United Kingdom – Executive Government & Departments

    News story

    Crackdown on illegal working and rogue employers in ‘gig economy’

    In the latest move to restore order to the asylum and immigration system, the government will introduce tough new laws to clamp down on illegal working.

    Companies hiring people in the gig economy will now be legally required to carry out checks confirming that anyone working in their name is eligible to work in the UK, bringing them in line with other employers. These vital checks, which take just minutes to complete, confirm someone’s immigration status and allow them to legally work in the UK.

    This means that for the very first time, employment checks will be extended to cover businesses hiring gig economy and zero-hours workers in sectors like construction, food delivery, beauty salons and courier services.

    Currently, thousands of companies using these flexible arrangements are not legally required to check the status of these workers. This changes now.

    Where businesses fail to carry out these checks, they will face hefty penalties already in place for those hiring illegal workers in traditional roles, including fines of up to £60,000 per worker, business closures, director disqualifications and potential prison sentences of up to 5 years.

    Expanding illegal working checks will help level the playing field for the majority of honest companies who do the right thing. For example, Deliveroo, Just Eat and Uber Eats already voluntarily carry out checks to ensure their delivery riders are eligible to work.

    Clamping down on illegal working forms a critical part of the government’s plan to strengthen the entire immigration system, restoring tough enforcement of the rules and undermine people smugglers using the false promise of jobs for migrants.

    The announcement comes a day before the UK holds the first ever Organised Immigration Crime Summit, bringing together over 40 countries to agree unprecedented new international action to take down every aspect of criminal smuggling gangs’ tactics.

    Home Secretary Yvette Cooper said: 

    Under our Plan for Change, we are restoring order to the asylum and immigration system by introducing tougher laws and bolstering enforcement action to tackle illegal working and stopping rogue employers in their tracks.

    Turning a blind eye to illegal working plays into the hands of callous people smugglers trying to sell spaces on flimsy, overcrowded boats with the promise of work and a life in the UK.

    These exploitative practices are often an attempt to undercut competitors who are doing the right thing. But we are clear that the rules need to be respected and enforced.

    These new laws build on significant efforts to stop organised immigration crime and protect the integrity of our borders, including increasing raids and arrests  for illegal working and getting returns of people who have no right to be here to their highest rate in half a decade.

    Claire Pointon, Managing Director, Just Eat UK and Ireland said:

    Just Eat is committed to supporting high streets and communities by ensuring a fair and well-regulated rapid delivery sector. Preventing unauthorised work is key to this, which is why we’re strengthening our measures by introducing biometric checks to swiftly remove those without the correct authorisation to work in the UK. We welcome this decision from the Home Office to expand these requirements to other sectors.

    A Deliveroo spokesperson said:

    Deliveroo has led the industry in taking action to secure our platform against illegal working, developing our approach in close collaboration with the Home Office. We were the first to roll out direct right to work checks, a registration process, daily identity verification and now additional device checks for riders, including substitutes. We take our responsibilities extremely seriously and will continue to strengthen our controls to prevent misuse of our platform. We welcome the government taking action to ensure all businesses and sectors adopt the same standards.

    An Uber Eats spokesperson said:

    Uber Eats is fully committed to fighting illegal work and the criminal networks who are often behind it, including by introducing state of the art identity and document video verification technology and mandatory substitute registration. We welcome efforts to enable and enforce further controls, and create a level playing field across the sector.

    The checks take minutes to complete, and the Home Office provide this free of charge, with businesses able to utilise digital ID verification technology to support the process. There is also support in place for employers with enquiries about the process.

    The new laws further build on measures announced in November to equip Immigration Enforcement teams with new technology. From May, body worn cameras will be rolled out to officers on the front line tackling illegal working and organised immigration crime. Backed by £5 milllion, this will help officers collect evidence to support prosecutions and make sure exploitative businesses undermining our immigration system are held to account.

    The new measures go alongside a ramp-up of operational action by Immigration Enforcement teams, who since July have carried out 6,784 illegal working visits to premises and made 4,779 arrests – an increase of 40% and 42% compared to the same period 12 months ago. In that time, 1,508 civil penalty notices have been issued.

    This also follows wider measures within the legislation announced earlier this month to impose tougher restrictions on foreign criminals whose removal we are pursuing but we are presently unable to deport. This includes the use of electronic tags, night time curfews and exclusion zones. Breaching these conditions would be grounds for arrest and the individual could face imprisonment.

    The measures will help ensure the Home Office maintains close contact with individuals and makes it very clear that they should not become established in the UK, as the intention remains to remove them when possible.  

    Tomorrow (31 March 2025), the Home Secretary will convene key government and law enforcement leads at the UK’s 2 day landmark international Organised Immigration Crime Summit.

    This will include Immigration Enforcement, the Department for Business and Trade, the Gangmasters Labour Abuse Authority and the National Crime Agency, holding a roundtable to discuss the importance of shutting down illegal working and government’s ongoing surge in operational activity.

    The summit will bring together leaders from across the globe, with the aim of securing international commitments to intensify efforts against organised immigration crime gangs.

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    Updates to this page

    Published 30 March 2025

    MIL OSI United Kingdom –

    March 30, 2025
  • MIL-OSI Asia-Pac: Algernon Yau visits IP firm

    Source: Hong Kong Information Services

    Secretary for Commerce & Economic Development Algernon Yau toured a renowned pop cultural entertainment company and its thematic park on the second day of his visit to Beijing today.

    The company specialises in popular intellectual property (IP) artistic toys and has successfully commercialised IP in cultural and creative industries with a number of products that have gained popularity both domestically and globally.

    Mr Yau also met representatives of the company to learn about its operation and the development of IP products on the Mainland.

    Noting that the effective protection and efficient transaction of IP is crucial to the development of cultural and creative industries as well as technological innovation, Mr Yau said the Hong Kong Special Administrative Region Government is taking forward initiatives to protect the fruits of innovation and creativity to promote trading and strengthen training of talent in IP, pressing ahead with the city’s development into a regional IP trading centre.

    He then met representatives of the China Alcoholic Drinks Association to promote Hong Kong’s immense opportunities for wine merchants following the deduction in liquor duty.

    The commerce chief said the two-tier system announced in the 2024 Policy Address has effectively promoted high-end liquor trade, with increases recorded in both the quantity and value of liquor imported.

    Mr Yau also pointed out that Mainland wine and liquor products, especially Chinese baijiu, are highly regarded in the global market, showing great market potential and room for growth.

    He added that Hong Kong could serve as a key hub for trading and distribution of high-end liquor including Chinese baijiu, and Mainland wine merchants are encouraged to use the city as a platform for Chinese baijiu to go global.

    Mr Yau will return to Hong Kong tomorrow.

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: Official Launch of The Airport Economist – Taiwan Episode:The CPTPP is Stronger with Taiwan

    Source: Republic of China Taiwan

    Our heartfelt thanks to our good friends from the NSW Parliament, including one of today’s co-hosts, Hon. Jacqui Munro MLC, Hon. Mark Latham MLC, Hon. Scott Farlow MLC, Tim James MP, Jordan Lane MP, Geoff Provest MP, and Richie Williamson MP. We are also grateful to have Australia-Taiwan Business Council Chairman John Toigo, members of the Consular Corps, academia and media representatives, as well as Taiwanese community leaders with us. Thank you for making the launch event at the NSW Parliament a great success!
    Hon. Jacqui Munro expressed her great honor in co-hosting this event at the Parliament, emphasizing that Taiwan’s deeply rooted and solid democratic system serves as a model for democratic countries. She also highlighted Taiwan as an important trade partner for both Australia and New South Wales, stressing that Taiwan’s participation in the CPTPP would be beneficial for both Taiwan and Australia.
    Director General David Cheng-Wei Wu recalled the opportunity to meet Professor Tim Harcourt, Chief Economist of UTS, and discuss the idea of filming the CPTPP episode in Taiwan. He also expressed special gratitude to the New South Wales Parliament for passing motions condemning China’s distortion of UN Resolution 2758, opposing foreign interference, and supporting Taiwan’s international participation and democracy. He reiterated that Taiwan not only meets the high standards of the CPTPP but also demonstrates a strong determination to integrate into regional economic cooperation. With Taiwan’s participation, the CPTPP will be even stronger.
    Ambassador Douglas Yu-Tien Hsu of Taiwan in Australia, who is graceful and poised, traveled from Canberra to Sydney to attend the event. He emphasized that Taiwan and Australia’s economic and industrial structures are highly complementary. Taiwan’s accession to the CPTPP would establish it as a stable and open economic partner in the Indo-Pacific region, greatly benefiting Australia and regional economic growth.
    Professor Tim Harcourt presented The Airport Economist program and shared insights into the process of creating this episode in Taiwan. He also analyzed Taiwan’s economic and trade development and its competitive strengths, emphasizing that Taiwan’s inclusion in the CPTPP would significantly enhance regional economic and trade integration. In a conversation with John Toigo, Chairman of the Australia-Taiwan Business Council, they discussed Taiwan-Australia economic and trade cooperation over the past decades and their outlook for future relations. Both affirmed that Taiwan meets the high standards required for CPTPP membership and expressed their intention to continue advocating for Taiwan’s inclusion to the Australian government.
    Other attending state MPs also expressed their support, noting that despite ongoing legislative sessions in both houses, they were determined to be present. They emphasized that cooperation between countries with shared values is crucial and that, as a major player in technology and the economy, Taiwan should be included in the CPTPP to benefit all member countries.
    As a major economy and a hub for digital technology innovation, Taiwan can make significant contributions to regional economic integration frameworks such as the CPTPP. We encourage Australia and the international community to recognize Taiwan’s trade commitments and support its inclusion.

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: Government of India Taking Measures Against Misuse of Personal Data

    Source: Government of India

    Posted On: 28 MAR 2025 6:43PM by PIB Delhi

    Unsolicited Commercial Communications (UCC) are regulated by the Telecom Regulatory Authority of India (TRAI).  TRAI has issued Telecommunications Commercial Communications Consumers Preference Regulations, 2018 (TCCCPR-2018) which deals with UCC.

    Under the TCCCPR-2018 regulations a number of directions have been issued for the implementation of its provisions. These directions inter-alia have provisions for registering preferences for commercial communication where a telecom subscriber can opt to block all commercial communications or can selectively block commercial communications as per preference categories.

    Customers can register complaint against senders of UCC through Mobile App, sending SMS or  calling on a specific number 1909.

    The Government of India has taken major initiatives like enactment of Information Technology (IT) Act, 2000, setting up of Indian Computer Emergency Response Team and National Critical Information Infrastructure Protection Centre, releasing of National Cyber Security Policy 2013, appointing Chief Information Security Officer, thus ensuring security and privacy of personal information of users in India.

    The Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 under the IT Act prescribes reasonable security practices and procedures to protect sensitive personal data of users. 

    Digital Personal Data Protection Act, 2023 (“DPDP Act”) provides the legal framework for processing of personal data, notice to be issued to data principal, consent of the data principal including withdrawal of such consent, rights of the data principal, obligations of the data fiduciaries, penalties for non-compliance, etc.

    The DPDP Act provides legal framework for Data Fiduciaries to notify breaches and ensure effective observance of the provisions Act by implementing appropriate technical and organizational measures.

    Further, the DPDP Act establishes a robust framework of accountability mechanisms to ensure the lawful processing of digital personal data with Data Protection Board of India as an independent adjudicatory body empowered to investigate complaints, conduct inquiries, and impose penalties.

    Ministry of Home Affairs has also established the Indian Cyber Crime Coordination Centre to deal with cyber-crimes in a comprehensive and coordinated manner.

    Public awareness campaigns, such as Cyber Security Awareness Month and Safer Internet Day, are organized to educate citizens about online safety, secure online transactions and digital services.

    This information was given by the Union Minister of Railways, Information & Broadcasting and Electronics & Information Technology Shri Ashwini Vaishnaw in Rajya Sabha today.

    *******

    Dharmendra TewariNavin Sreejith

    (Release ID: 2116343) Visitor Counter : 300

    Read this release in: Urdu

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: WHO Global Traditional Medicine Centre (GTMC) in Jamnagar to emerge as a Centre of global wellness; bolster evidence-based research, training and awareness for Traditional Medicine

    Source: Government of India

    WHO Global Traditional Medicine Centre (GTMC) in Jamnagar to emerge as a Centre of global wellness; bolster evidence-based research, training and awareness for Traditional Medicine

    Central Sector Scheme (CSS) for the Promotion of International Cooperation (IC) in AYUSH to facilitate the International promotion, development and recognition of Ayush system of medicine

    Department of Integrative Medicine operationlised at Vardhman Mahavir Medical College (VMMC) & Safdarjung Hospital and Lady Hardinge Medical College, New Delhi to promote integrative healthcare

    Posted On: 28 MAR 2025 6:30PM by PIB Delhi

    The Ministry of Ayush has taken initiative for World Health Organization’s (WHO’s) Collaborative Centre for Traditional Medicines at Institute of Teaching and Research in Ayurveda (ITRA), Jamnagar and Morarji Desai National Institute of Yoga (MDNIY), New Delhi, and National Institute of Indian Medical Heritage (NIIMH), Hyderabad, a unit under Central Council for Research in Ayurvedic Sciences (CCRAS), New Delhi. ITRA is running an International Centre of Ayurveda Studies (ICAS) centre to promote Ayurveda as a key component of global healthcare systems.

    The WHO Global Traditional Medicine Centre (GTMC) in Jamnagar would emerge as a Centre of global wellness; bolster evidence-based research, training and awareness for Traditional Medicine. It will serve as a key knowledge hub for evidence-based Traditional, Complementary and Integrative Medicine (TCIM) on a global scale. This is the first and only global out posted Centre (Office) for traditional medicine across the world.

    With regard to enhance international collaboration in Ayurveda through various forums, the Ministry of Ayush has developed a Central Sector Scheme (CSS) for the Promotion of International Cooperation (IC) in Ayurveda, Yoga & Naturopathy, Unani, Siddha, Homoeopathy (AYUSH) under which the Ministry of Ayush provides support to Indian Ayush drug Manufacturers/ Ayush Service providers to give boost to the export of AYUSH products & services; facilitates the International promotion, development and recognition of Ayush system of medicine; foster interaction of stakeholders and market development of Ayush at international level; promote academics and research through the establishment of Ayush Academic Chairs in foreign countries and holding training workshop/symposiums for promoting and strengthening awareness and interest about Ayush Systems of Medicine at international level. Under various components of the CSS IC Scheme, the Ministry of Ayush supports AYUSH entrepreneurs, Ayush drug manufacturing industry, Ayush Health Care providers etc. Participation/ organization of International exhibitions/ conferences/ workshops/ seminars/ road shows/ trade fairs, etc. in India and abroad by the Ministry of Ayush through Indian Mission/ Confederation of Indian Industry (CII)/ Federation of Indian Chambers of Commerce & Industry (FICCI)/ India Trade Promotion Organization (ITPO)/ Associated Chambers of Commerce and Industry of India (ASSOCHAM)/ Pharmaceutical Export Promotion Council of India (Pharmexcil), etc.

    The Ministry of Ayush has supported various international events/ conferences/ seminars/ workshops etc. organized by various organizations including World Ayurveda Congress to enhance international collaboration in Ayurveda.

    The Ministry of Ayush has taken various steps to integrate Ayurveda with modern medical practices to address contemporary health challenges through the Directorate General of Health Services (DGHS) Ayush Vertical. The Ayush Vertical under DGHS, established by the Ministry of Ayush and Ministry of Health and Family Welfare (MoHFW), serves as a dedicated institutional mechanism for planning, monitoring, and supervising Ayush-specific public health programs. This vertical provides technical support to both Ministries in developing strategies for public health, healthcare, Ayush education, and training. The Ministry of Ayush and MoHFW have jointly established Integrated Ayush Departments in Central Government Hospitals to promote integrative healthcare. As part of this initiative, the Department of Integrative Medicine has been set up and is operational at Vardhman Mahavir Medical College (VMMC) & Safdarjung Hospital and Lady Hardinge Medical College, New Delhi.

    Central Council for Research in Ayurvedic Sciences(CCRAS), as the apex body of research in Ayurveda, has undertaken research projects on the treatment of various diseases in collaboration with modern institutions to promote the integration of Ayurveda with the modern system of medicine.

    CCRAS has undertaken various research studies to examine the benefits and feasibility of integration of Ayurveda through the following research projects for integration of Ayurveda with modern system of medicine:

    1. Operational study to explore the feasibility of integrating Ayurveda with modern system of medicine in a tertiary care hospital (Safdarjung Hospital New Delhi) for the management of Osteoarthritis (Knee). The study has been completed.
    2. Feasibility of introducing Indian System of Medicine (Ayurveda) in the National Reproductive and Child Health services at Primary Health Care (PHC) level” in Himachal Pradesh. The study has been completed.
    3. Integration of AYUSH systems in the National Programme for Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases & Stroke (NPCDCS). The study has been completed.
    4. Feasibility of introducing Ayurveda Intervention in Reproductive and Child Health (RCH) in PHCs of Selected district (Gadchiroli) of Maharashtra (Effectiveness of Ayurvedic intervention for Ante-Natal care (Garbhini Paricharya) at Primary Health Care level: A Multi Centre Operational Study.
    5. Further, under the Extramural Research Programme, Indian Council of Medical Research (ICMR) and Central Council for Research in Ayurvedic Sciences (CCRAS) under Ministry of Ayush has taken an initiative to set up Ayush-ICMR Advanced Centre for Integrative Health Research (AI-ACIHR), at AIIMS to conduct research on identified areas focusing on integrative healthcare. Under this program, four research areas in four AIIMS have been identified, which are as follows:
      1. AIIMS Delhi:
        1. Advanced Centre for Integrative Health Research in Gastro-intestinal Disorders
        2. Advanced Centre for Integrative Health Research in Women and Child Health
      1. AIIMS- Jodhpur: Advanced Centre for Integrative Health Research in Geriatric Health
      2. AIIMS Nagpur: Advanced Centre for Integrative Health Research in Cancer Care
      3. AIIMS Rishikesh: Advanced Centre for Integrative Health Research in Geriatric Health.

    Institute of Teaching and Research in Ayurveda (ITRA), an autonomous body under the Ministry of Ayush encourages Post Graduate (PG) and Doctor of Philosophy (PhD) scholars and faculty researchers to collaborate with modern medical faculty to ensure Ayurveda’s efficacy and relevance in modern healthcare. Since 2019, 25 integrative researches have been undertaken.

    The Ministry of Ayush, developed the Central Sector Scheme for Promotion of International Cooperation for AYUSH (IC Scheme). The details are provided at Point (a)&(b)

    The Ministry also implements the CSS Scheme for Promotion of Information Education and Communication (IEC) in Ayush to create awareness regarding Ayush Systems of Medicine including Ayurveda, Yoga, Unani, Siddha and Homoeopathy system of medicine. This aims to reach out to all sections of the population across the country. This scheme provides assistance for organizing National/State Arogya Fairs, Yoga fests/ Utsavs, Ayurveda Parvs, etc. The Ministry also undertakes Multi-Media, Print Media Campaigns for creating awareness about Ayush Systems.

    The Ministry of Ayush, through Institute of Teaching and Research in Ayurveda (ITRA), an Institute of National Importance, organizes various public participatory programs on regular basis to increase public awareness and acceptance of Ayurvedic practices domestically.

    North Eastern Institute of Ayurveda and Homoeopathy (NEIAH) has taken various steps for health awareness among citizen in rural areas. NEIAH has opened a Peripheral Outpatient Department (OPD) in Ayurveda and Homoeopathy OPD at Smit areas, East Khasi Hills district of the State of Meghalaya to promote Ayurveda and Homoeopathy. The Institute also conducted a Health camps under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN) programmes. The Institute regularly gives free consultation in the Institute Hospitals both OPD and In-Patient Department (IPD) and conducting free Medical & Awareness Camps at Villages, schools, Govt. Dept., Military personnel and at community levels. Organized National Seminars/worships, Panel discussions, Doctor se Mileye in All India Radio, Shillong in English, Hindi and Regional Language (Khasi), TV Talks shows on Ayurveda in Doordarshan Kendra, Shillong etc.

    For increasing awareness domestically, Central Council for Research in Ayurvedic Sciences (CCRAS) provides clinical care and engages in awareness activities to promote Ayurveda through its Information Education and Communication (IEC) Activities through its networks of 30 peripheral Institutes.

    CCRAS has been engaged in popularizing the Ayurveda system among the masses through electronic and print media for common people in English, Hindi, and regional languages, which are widely distributed through National/State level Arogya melas, Health camps, exhibitions, expos, etc., and also through CCRAS outreach programs viz. Schedule Caste Sub Plan (SCSP) Research Program, Tribal Health Care Research Program (THCRP), etc., in different states of the country through its robust 30 peripheral institutes. The Council website is also generally embodied with IEC materials and hyperlinked with other important websites that provide information for wider utility.

    The Council has three journals named Journal of Drug Research in Ayurvedic Sciences (JDRAS), Journal of Research in Ayurvedic Sciences (JRAS), and Journal of Indian Medical Heritage (JIMH) which is also available electronically in the public domain free of cost to enable dissemination of the outcomes of research among the public. The CCRAS is also publishing CCRAS Bulletin quarterly for dissemination of Research outcomes in common languages for the public. So far, the Council has published books, monographs, and technical reports, and they are being sold or distributed to disseminate research outcomes and merits of Ayurveda at large.

    To increase awareness internationally, the CCRAS under the Ministry of Ayush has signed MoU/LoI/Agreements with different countries / foreign Universities/ Institutions/ organizations to promote International cooperation for the establishment of Academic Chair.

    This information was given by Union Minister of State (I/C) for Ayush, Shri Prataprao Jadhav in a written reply in Lok Sabha today.

    ***

    MV/AKS

    (Release ID: 2116329) Visitor Counter : 262

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: Lok Sabha Clears Crucial Maritime Bill to Enhance India’s Ease of Doing Business in the Sector

    Source: Government of India

    Lok Sabha Clears Crucial Maritime Bill to Enhance India’s Ease of Doing Business in the Sector

    Passing of the ‘Carriage of Goods by Sea Bill’ in the Lok Sabha marks a crucial step toward realising PM Narendra Modiji’s vision of updating & modernising India’s legal framework—making it more relevant, efficient, and accessible, while shedding colonial-era legacies that have impeded progress:” Sarbananda Sonowal

    Posted On: 28 MAR 2025 7:10PM by PIB Delhi

    The Lok Sabha passed an important bill — ‘Carriage of Goods by Sea Bill, 2024’ — in an attempt to modernise, update legal framework as well as enhance Ease of Doing Business (EODB) in India’s maritime sector. The bill was introduced by Sarbananda Sonowal, the Union Minister of Ports, Shipping and Waterways today. 

    In an effort to support the country’s growing shipping sector, the Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal introduced the ‘Carriage of Goods by Sea Bill, 2024,’ marking a significant legislative reform by replacing the colonial-era ‘Carriage of Goods by Sea Act, 1925’. The colonial era act was rooted in the century-old Hague Rules, which limited scope with complex language, and misaligned with modern commercial realities. The new bill addresses these gaps with clarity, foresight, and renewed relevance for a rapidly evolving maritime sector.

    Speaking on the occasion, Shri Sarbananda Sonowal said, “The passing of the Carriage of Goods by Sea Bill in the Lok Sabha marks a crucial step toward realising PM Shri Narendra Modiji’s vision of updating and modernising India’s legal framework—making it more relevant, efficient, and accessible, while shedding colonial-era legacies that have impeded progress. The passage of this bill is a significant step toward strengthening India’s legal foundation for maritime commerce. It not only promotes investor confidence but also positions India as Viksit Bharat.”

    The Union Minister also introduced the ‘Indian Ports Bill, 2025’, aimed at consolidating laws related to port management, promoting integrated port development, and enhancing the ease of doing business in the maritime sector. The bill seeks to optimise the utilisation of India’s vast coastline by establishing and empowering State Maritime Boards to ensure effective management of ports other than major ports. It also proposes the formation of the Maritime State Development Council to foster structured growth and development of the port sector.

    Adding further, Shri Sarbananda Sonowal said, “Today marks a historic milestone in India’s journey towards a modern, efficient, and globally competitive shipping sector. The passing of the Carriage of Goods by Sea Bill, 2024, in the Lok Sabha is a significant step in fulfilling Prime Minister Shri Narendra Modiji’s vision of modernising India’s Maritime sector to become future ready and globally competitive.”

    A key strength of the bill lies in its simplified language and structure, making the law more accessible to stakeholders, particularly Indian exporters, importers, and shipping professionals. While retaining the substantive legal framework, the bill aligns it with contemporary drafting practices, reducing ambiguities and minimising the risk of potential litigation.

    The bill empowers the government allowing India to swiftly adapt to evolving international maritime conventions. It also ensures transparency and accountability by providing for parliamentary oversight of executive notifications (Clause 10). The legislation formally repeals the outdated 1925 Act, marking a confident step away from colonial legal remnants and embracing a modern Indian maritime legal identity. This aligns with the government’s broader vision of simplifying laws, promoting ease of doing business, and building a globally competitive shipping ecosystem. 

    On the introduction of the Indian Ports Bill, Shri Sarbananda Sonowal said, “The introduction of the Indian Ports Bill, 2025, in the Lok Sabha is a transformative step toward modernising India’s port governance and maritime infrastructure. By consolidating laws, empowering State Maritime Boards, and establishing the Maritime State Development Council, the bill attempts a way for integrated port development and improved ease of doing business. With a strong focus on safety, security, and environmental sustainability, this reform is set to enhance India’s global competitiveness in the maritime sector.”

    The Indian Ports bill addresses critical aspects such as pollution control, disaster management, emergency response, security, safety, navigation, and data management at ports. It also seeks to ensure India’s compliance with international obligations and maritime conventions. To safeguard India’s port infrastructure, the bill includes provisions for port conservation and introduces adjudicatory mechanisms for resolving port-related disputes efficiently. The Indian Ports Bill, 2025, aims to modernise India’s port governance framework, enhance efficiency, and position India as a global leader in maritime trade.

     

    ***

     

    GDH/HR

    (Release ID: 2116377) Visitor Counter : 359

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: SCED continues visit to Beijing (with photos)

    Source: Hong Kong Government special administrative region

         The Secretary for Commerce and Economic Development, Mr Algernon Yau, continued his visit to Beijing today (March 28).
     
         Mr Yau visited a renowned pop cultural entertainment company on the Mainland and toured its thematic park this morning. Specialising in popular intellectual property (IP) artistic toys, the company has successfully commercialised IP in cultural and creative industries, with a number of products gaining popularity both domestically and globally. Mr Yau also met with representatives of the company to learn about its operation and the development of IP products on the Mainland.
     
         Noting that the effective protection and efficient transaction of IP is crucial to promoting the development of cultural and creative industries as well as technological innovation, Mr Yau said that the Hong Kong Special Administrative Region Government is taking forward a series of initiatives to protect the fruits of innovation and creativity to promote IP trading and strengthen training of IP talent, thereby pressing ahead with the development of Hong Kong into a regional IP trading centre.
     
         In the afternoon, Mr Yau met with representatives of the China Alcoholic Drinks Association to promote Hong Kong’s immense opportunities for wine merchants following the deduction in liquor duty. He said that the two-tier system announced in last October’s Policy Address has effectively promoted high-end liquor trade, with increases recorded in both the quantity and value of liquor imported.
     
         He pointed out that Mainland wine and liquor products, especially Chinese baijiu, are highly regarded in the global market in recent years, showing great market potential and room for growth. He added that Hong Kong could serve as a key hub for trading and distribution of high-end liquor, including Chinese baijiu, and Mainland wine merchants are encouraged to use Hong Kong as a platform for Chinese baijiu to go global.
     
         Mr Yau will return to Hong Kong tomorrow afternoon (March 29).

               

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: Govt officials bound for Henan

    Source: Hong Kong Information Services

    Secretary for Commerce & Economic Development Algernon Yau and Secretary for Home & Youth Affairs Alice Mak will depart for Zhengzhou, Henan Province, tomorrow to attend the Ancestor Worship Ceremony of the Yellow Emperor in the Year of Yisi.
     
    Additionally, Under Secretary for Culture, Sports & Tourism Raistlin Lau will join them to attend the event on behalf of the Hong Kong Special Administrative Region Government.
     
    The officials will return to Hong Kong on March 31.
     
    During the absence of Mr Yau and Miss Mak, Under Secretary for Commerce & Economic Development Bernard Chan and Under Secretary for Home & Youth Affairs Clarence Leung will be Acting Secretary respectively.

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: Wage and payroll statistics for December 2024

    Source: Hong Kong Government special administrative region

    Overall Wage and Payroll Statistics
     
         According to the figures released today (March 28) by the Census and Statistics Department (C&SD), the average wage rate for all the selected industry sections surveyed, as measured by the wage index, increased by 3.5% in nominal terms in December 2024 over a year earlier.
     
         About 63% of the companies reported increase in average wage rates in December 2024 compared with a year ago. A total of 33% of the companies recorded decrease in average wage rates over the same period. The remaining 4% reported virtually no change in average wage rates.
     
         After discounting the changes in consumer prices as measured by the Consumer Price Index (A), the overall average wage rate for all the selected industry sections surveyed increased by 1.8% in real terms in December 2024 over a year earlier. 
     
         As for payroll, the index of payroll per person engaged for all the industry sections surveyed increased by 3.4% in nominal terms in the fourth quarter of 2024 over a year earlier. 
     
         After discounting the changes in consumer prices as measured by the Composite Consumer Price Index, the average payroll per person engaged increased by 2.0% in real terms in the fourth quarter of 2024 compared with a year earlier.
     
         The wage rate includes basic wages and other regular and guaranteed allowances and bonuses. Payroll includes elements covered by wage rate as well as other irregular payments to workers such as discretionary bonuses and overtime allowances.  The payroll statistics therefore tend to show relatively larger quarter-to-quarter changes, affected by the number of hours actually worked and the timing of payment of bonuses and back-pay.
     
    Sectoral Changes
     
         For the nominal wage indices, year-on-year increases were recorded in all selected industry sections in December 2024, ranging from 3.0% to 4.1%.
     
         For the real wage indices, year-on-year increases were also recorded in all selected industry sections in December 2024, ranging from 1.3% to 2.3%.
     
         The year-on-year changes in the nominal and real wage indices for the selected industry sections from December 2023 to December 2024 are shown in Table 1.
     
         As for the nominal indices of payroll per person engaged, year-on-year increases were recorded in all selected industry sections in the fourth quarter of 2024, ranging from 1.7% to 4.3%.

         For the real payroll indices, year-on-year increases were also recorded in all selected industry sections in the fourth quarter of 2024, ranging from 0.3% to 2.8%.
     
         The year-on-year changes in the nominal and real indices of payroll per person engaged for selected industry sections from the fourth quarter of 2023 to the fourth quarter of 2024 are shown in Table 2. The quarterly changes in the seasonally adjusted nominal and real indices of payroll per person engaged in the same period are shown in Table 3.
     
    Commentary
     
         A Government spokesman said that wages and labour earnings saw increases in all surveyed industries in the fourth quarter of 2024 over a year earlier, alongside the tight labour market.
     
         The average wage rate for all selected industries rose by 3.5% in nominal terms in December 2024, at a similar pace of increase in September 2024. After discounting for inflation, the average wage rate increased by an accelerated 1.8% in real terms.
     
         Payroll per person engaged, which includes basic wage, discretionary bonuses and other irregular payments, recorded a steady increase of 3.4% in nominal terms and faster growth of 2.0% in real terms in the fourth quarter of 2024. All selected industries saw increases in payroll per person engaged in both nominal and real terms.
     
         Looking ahead, continued economic expansion should render support to the labour market, as well as wages and labour earnings in the near term, though some industries may be affected by the United States’ trade protection measures and other external uncertainties.
     
    Other Information
     
         Both wage indices and payroll indices are compiled quarterly based on the results of the Labour Earnings Survey (LES) conducted by C&SD. Wage index only covers employees up to the supervisory level (i.e. not including managerial and professional employees), whereas payroll index covers employees at all levels and proprietors actively engaged in the work of the establishment.
     
         Apart from the differences in employee coverage, wage statistics are conceptually different from the payroll statistics.  Firstly, wage rate for an employee refers to the sum earned for his normal hours of work. It covers basic wages and other regular and guaranteed allowances and bonuses, but excludes earnings from overtime work and discretionary bonuses, which are however included in payroll per person engaged. Secondly, the payroll index of an industry is an indicator of the simple average payroll received per person engaged in the industry. Its movement is therefore affected by changes in wage rates, number of hours of work and occupational composition in the industry. In contrast, the wage index of an industry is devised to reflect the pure changes in wage rate, with the occupational composition between two successive statistical periods being kept unchanged. In other words, the wage index reflects the change in the price of labour. Because of these conceptual and enumeration differences between payroll and wage statistics, the movements in payroll indices and in wage indices do not necessarily match closely with each other.
     
         It should also be noted that different consumer price indices are used for compiling the real indices of wage and payroll to take into account the differences in their respective occupation coverage. Specifically, the Composite Consumer Price Index, being an indicator of overall consumer prices, is taken as the price deflator for payroll of workers at all levels of the occupational hierarchy.  The Consumer Price Index (A), being an indicator of consumer prices for the relatively low expenditure group, is taken as the price deflator for wages in respect of employees engaged in occupations up to the supervisory level.
     
         Detailed breakdowns of the payroll and wage statistics are published in the “Quarterly Report of Wage and Payroll Statistics, December 2024”. Users can browse and download the publication at the website of C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1050009&scode=210).
     
         For enquiries on wage and payroll statistics, please contact the Wages and Labour Costs Statistics Section (1) of C&SD (Tel:  2887 5550 or email: wage@censtatd.gov.hk).

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: Department of Consumer Affairs, Government of India organizes ‘Workshop on e-Jagriti platform’ at Narsee Monjee Institute of Management Studies (NMIMS), Sarangpur, Chandigarh

    Source: Government of India

    Department of Consumer Affairs, Government of India organizes ‘Workshop on e-Jagriti platform’ at Narsee Monjee Institute of Management Studies (NMIMS), Sarangpur, Chandigarh

    Representatives from State and District Consumer Commissions and Bar Associations of Himachal Pradesh, Punjab, Haryana & Jammu & Kashmir, Chandigarh and Ladakh participates

    E-Jagriti Portal Empowers Stakeholders with Tools for Efficient Consumer Dispute Resolution

    Posted On: 29 MAR 2025 5:20PM by PIB Delhi

    The Department of Consumer Affairs, Government of India, in association with State Consumer Dispute Redressal Commission, UT of Chandigarh organized a ‘Workshop on e-Jagriti platform’, a hands-on workshop on the e-Jagriti portal, aimed at providing in-depth training to key stakeholders at Narsee Monjee Institute of Management Studies (NMIMS), Sarangpur, Chandigarh today.

    Shri Bharat Khera, Additional Secretary, Department of Consumer Affairs in his keynote address stated that by introducing E-Jagriti, the Department of Consumer Affairs has taken a groundbreaking step toward a fully digital, accessible, and efficient consumer grievance redressal mechanism. This initiative reduces human intervention, overcomes geographical barriers, and strengthens consumer protection in India.

    Shri Anupam Mishra, Joint Secretary, Department of Consumer Affairs in his address stated that Department of Consumer Affairs, in collaboration with the National Informatics Centre (NIC), developed E-Jagriti, an integrated digital system combining e-Daakhil, Confonet, and OCMS into a single, streamlined platform simplifying access for consumers, commission officials, judges, advocates, industry experts, and mediators. He thanked the Consumer Dispute Redressal Commission, UT of Chandigarh and Director, NMIMS for smooth organization of the workshop.

    Justice Raj Shekhar Attri, President, State Consumer Disputes Redressal Commission, UT (Chandigarh) said, that the technology has brought a sea change in efficiency and productivity. Using it for speedy disposal of cases will help serve the consumers and timely settlement of their cases. He also appreciated that GoI initiative i.e. e-Jagriti in utilizing new technology like video conferencing, AI tools to facilitate speedy disposal of consumer cases and making it accessible in remote locations. EJagriti will streamline the procedure and new tools like AI, Data Analytics will help judges in providing insights and legal precedents to make it more efficient and transparent.

    Shri Shravan Kumar Nune, Member, District Consumer Commission, Leh expressed his views about the significance and potential of e-Daakhil platform (now E-Jagriti) in remote locations like Ladakh for the benefit of consumers. He observed that on the day when e-daakhil was launched in Leh, a case was registered on the portal. This highlights the important role technology can play to address the concerns of consumers in remote and hilly areas.

    Ms. Monika Thatai, Advocate, Chandigarh HC, appreciated the features of EJagriti platform and the capacity building initiative of GoI. She representing the Bar Association gave various useful suggestions which would further enhance the ease of use of e-Jagriti portal.

    Shri. G. Mayil Muthu Kumaran, Deputy Director General, National Informatics Centre, New Delhi during the workshop presented a presentation on the e-jagriti, enlightening the participants on how to efficiently onboard users onto the platform, file consumer complaints and grievances, and navigate the role-based access module, which defines specific functionalities for different stakeholders. The presentation also covered vital aspects such as scrutinizing and assisting in the processing of cases, generating and managing causelists, and managing virtual courtroom hearings through the platform.

    The Members of the State Consumer Commissions like the Maheep Gupta, Jammu & Kashmir State Consumer Commissions along with the Hon’ble Padma Pandey, Hon’ble Rajesh K. Arya, and Preetinder Singh, Chandigarh State Consumer Commission attended the workshop. Also, President Sh. Pawanjit Singh, President, Chandigarh District Consumer Commission-I and Sh. Amrinder Singh, President of Chandigarh District Consumer Commission-II along with Members of the Chandigarh District Consumer Commission I & II attended the workshop. Sh Shravan Kumar Nune, Member, District Consumer Commission, Leh attended the workshop. The stakeholders/ participants were equipped with practical knowledge and skills to efficiently navigate and utilize various features of the E-Jagriti portal. Other stakeholders like voluntary consumer organizations and advocates also attended the workshop.

    During the workshop, the stakeholders were divided into two groups and provided with the computer systems for hands-on training on various key functionalities of the e-jagriti platform. Participants were given their own login ID and were walked through each feature of the portal with live demonstrations and interactive sessions by the NIC experts team. Attendees were guided on uploading daily orders and judgments for efficient document management and were introduced to the specialized Judges module, aimed at supporting smooth adjudication of cases. The objective was to ensure that all participants were well-versed with the E-Jagriti portal’s features to improve efficiency, transparency, and accessibility for consumers and all stakeholders involved in the grievance redressal mechanism.

    The e-Jagriti platform has case filing, online fee payment, case monitoring modules for seamless disposal of cases by all the Commissions, has Smart search facility on archived consumer complaints / cases / judgements using AI technology for metadata and keyword creation, and Voice-to-text conversion of judgements, case history and other details using AI / ML technology. The portal is integrated with a Virtual court facility for a convenient and accessible resolution of consumer complaints, reducing the time of disposal, multiple hearings and physical court appearances bringing effective and fast decisions & disposals in all Consumer Commissions.

    Shri. Sunil Kumar Mishra, Deputy Secretary, Department of Consumer Affairs in his vote of thanks extended a heartfelt gratitude to Narsee Monjee Institute of Management Studies (NMIMS), Sarangpur, Chandigarh, for their generous support in hosting the ‘Workshop on e-Jagriti Platform’. The provision of their state-of-the-art hall and computer systems played an instrumental role in ensuring the success of the workshop.

    The Department of Consumer Affairs is committed to enhancing consumer protection and facilitating access to justice. This workshop is the first of a series of workshops that will be conducted in all the states under the broader initiative to bring technology into the consumer dispute resolution process, ensuring that consumers across the nation can resolve grievances in a faster and more efficient manner.

    Inaugural programme of the Capacity Building Workshop

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    Abhishek Dayal/Nihi Sharma

    (Release ID: 2116605) Visitor Counter : 396

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: India-U.S. Trade Talks in New Delhi Concludes

    Source: Government of India

    India-U.S. Trade Talks in New Delhi Concludes

    Sectoral expert level engagements under the BTA to start virtually in the coming weeks

    Posted On: 29 MAR 2025 5:45PM by PIB Delhi

    As a follow up to the India-U.S. Joint Statement of 13 February 2025, wherein the two sides agreed to expand bilateral trade to reach $ 500 Billion by 2030, including through the conclusion of a Bilateral Trade Agreement, representatives of India’s Department of Commerce and the Office of the U.S. Trade Representative convened in New Delhi from 26-29 March 2025.

    In order to realize the shared objective of promoting growth that ensures fairness, national security and job creation, both sides have through four-days of discussions in New Delhi broadly come to an understanding on the next steps towards a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA), with the goal to finalize its first tranche by fall 2025. Sectoral expert level engagements under the BTA will start virtually in the coming weeks and pave the path for an early negotiating round in person. During these discussions the two sides also had a productive exchange of views on deepening bilateral cooperation in priority areas including increasing market access, reducing tariff and non-tariff barriers and deepening supply chain integration in a mutually beneficial manner.

    The meeting in New Delhi follows the visit of Union Commerce and Industries Minister Shri Piyush Goyal to Washington, D.C. from 4-6 March 2025 during which he met his U.S. counterparts – U.S. Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick and subsequent video conferences between the two sides.

    The successful conclusion of the discussions reflects progress in efforts to expand India-U.S. bilateral trade and investment relations to promote prosperity, security and innovation in both the countries. These steps are designed to unlock new opportunities for businesses, drive bilateral economic integration, and reinforce the economic partnership between India and the United States.

    India and the United States expressed satisfaction with the outcomes of the meeting and reaffirmed their dedication to ongoing collaboration. Both sides look forward to building on this milestone in the coming months to finalize the BTA, ensuring it aligns with the shared goals of prosperity, resilience, and mutual benefit.

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    Abhishek Dayal/Abhijith Narayanan

    (Release ID: 2116613) Visitor Counter : 3684

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: Arbitration and mediation mechanisms crucial for India’s emergence as a global manufacturing hub: Union Commerce and Industry Minister Shri Piyush Goyal

    Source: Government of India

    Arbitration and mediation mechanisms crucial for India’s emergence as a global manufacturing hub: Union Commerce and Industry Minister Shri Piyush Goyal

    Legal reforms and a robust arbitration framework will boost investor confidence and economic growth: Shri Goyal

    Posted On: 29 MAR 2025 1:23PM by PIB Delhi

    Arbitration and mediation mechanisms are crucial for India’s emergence as a global manufacturing hub, stated Union Minister of Commerce & Industry, Shri Piyush Goyal, while addressing the Special Plenary Session at the United International Avocat Conference in Delhi today. In his speech, he underscored the importance of a strong legal and arbitration framework in supporting India’s rapid economic growth and its ambition to become a global manufacturing hub.

    Shri Goyal noted that arbitration and mediation play a pivotal role in reducing judicial delays and ensuring a stable and transparent business environment. He emphasized the need for confidence in arbitration mechanisms and acknowledged concerns regarding the influence of large corporations and international biases. The Minister urged stakeholders to strengthen arbitration practices in India to make them more efficient and impartial, thereby fostering a more investor-friendly climate.

    Reflecting on India’s growth trajectory, Shri Goyal highlighted the nation’s robust economic performance, stating that India is the fastest-growing major economy and is on track to becoming the fourth-largest global economy by 2025-26. He attributed this progress to significant policy reforms, including the simplification of business regulations and the decriminalization of over 180 legal provisions through the Jan Vishwas Act. The Minister emphasized that these reforms have built international trust in India as a reliable investment destination.

    He explained that the Jan Vishwas was named with the intent of fostering mutual trust between the government and the people. The objective was to assure citizens that the government believes in them and does not seek to penalize minor mistakes with severe legal consequences. Instead, the focus is on simplifying processes and ensuring that errors can be rectified through reasonable measures rather than lengthy judicial scrutiny.

    Shri Goyal also said that the government is now working on Jan Vishwas 2.0, aimed at further reducing legal complexities. “Incidentally, we are now moving towards Jan Vishwas 2.0. At least, businesses and individuals should be free of unnecessary tension and difficulties, worrying about every small action in their lives. If anyone has ideas, we welcome them. We are actively engaging with legal experts, but even now, we are open to suggestions on any law that can help make the lives of businesses and citizens easier,” he added.

    Discussing India’s advantages as a global manufacturing hub, Shri Goyal pointed out key factors such as a young workforce, technological advancements, and a vast domestic market that enhances manufacturing competitiveness. The Minister also highlighted India’s digital transformation, with extensive 5G connectivity improving ease of business operations across the country.

    Addressing ongoing legal reforms, Shri Goyal stressed the need for modernizing India’s judicial and arbitration systems to align with global best practices. He reaffirmed the government’s resolve to enhance arbitration efficiency through technology integration and internationally benchmarked laws. The Minister quoted Prime Minister Shri Narendra Modi, stating, “Justice is at the root of independent self-governance, and without justice, even the existence of a nation is not possible.”

    Shri Goyal concluded by encouraging the legal fraternity to play a key role in drafting clear, robust, and globally competitive legal frameworks that support India’s aspirations as a global economic powerhouse. He emphasized that a strong legal infrastructure will not only facilitate economic growth but also reinforce India’s reputation as a trusted partner in the global trade ecosystem.

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    Abhishek Dayal/ Abhijith Narayanan/ Ishita Biswas

    (Release ID: 2116545) Visitor Counter : 629

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: Indian Railways uses Covered wagons for bulk onion transportation; 271 onion rakes loaded in 2023-24

    Source: Government of India

     Indian Railways uses Covered wagons for bulk onion transportation; 271 onion rakes loaded in 2023-24

    In 2023-24 Indian Railways through CONCOR transported 27771 refrigerated containers for temperature-sensitive cargo including fruits and vegetables

    Posted On: 29 MAR 2025 5:33PM by PIB Delhi

    For bulk transportation of onions, covered wagons are already being utilized over Indian Railways.  271 onion rakes were loaded during 2023-24.  

    However, no request has been received from the Ministry of Consumer Affairs, Food & Public Distribution regarding the deployment of trains with refrigerated wagons for onion transportation.

    Indian Railway is providing rail based refrigerated container services through Container Corporation (CONCOR) to facilitate movement of cargo that requires temperature-controlled environment, including fruits and vegetables. During 2023-24, a total of 27,771 refrigerated containers were moved through Rail by CONCOR.

    The temperature-controlled storage facilities of CONCOR have been established at Nashik, New Azadpur, Dadri and Sonipat at a total investment of about Rs 129 crore.  

    This information was given by the Union Minister of Railways, Information & Broadcasting and Electronics & Information Technology Shri Ashwini Vaishnaw in a written reply in Rajya Sabha yesterday.

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    Dharmendra Tewari/Shatrunjay Kumar

    (Release ID: 2116608) Visitor Counter : 291

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI Asia-Pac: President Lai meets British Office Taipei Representative Ruth Bradley-Jones

    Source: Republic of China Taiwan

    Details
    2025-03-21
    President Lai meets Alaska Governor Mike Dunleavy
    On the morning of March 21, President Lai Ching-te met with a delegation led by Alaska Governor Mike Dunleavy. In remarks, President Lai said that Alaska has long been an important trading partner of Taiwan, and that we have built a solid foundation for cooperation in such fields as energy, fisheries, and tourism. The president expressed hope that Taiwan and Alaska will have more frequent engagement and exchanges so that our relations can continue to grow to create prosperous development for both sides. A translation of President Lai’s remarks follows: On behalf of the people of Taiwan, I extend my sincerest welcome to our guests. This is Governor Dunleavy’s first visit to Taiwan, and last night, we both attended the Hsieh Nien Fan (謝年飯) banquet hosted by the American Chamber of Commerce in Taiwan. I am delighted to have this opportunity to meet with Governor Dunleavy today at the Presidential Office for further dialogue. Alaska has long been an important trading partner of Taiwan. Our sister-state relationship was established in 1988, and we have built a solid foundation for cooperation in such fields as energy, fisheries, and tourism. Currently, Taiwan is Alaska’s eighth largest export market and ninth largest source of imports. This goes to show just how close our trade and economic ties are and how much potential there is for further growth. As I said in my remarks at last night’s Hsieh Nien Fan banquet, Taiwan is interested in buying Alaskan natural gas. I am sure that Governor Dunleavy’s visit will help us explore even more opportunities for cooperation and continue to deepen Taiwan-United States relations. In the face of such challenges as expanding authoritarianism, climate change, and pandemics, we look forward to strengthening collaboration between Taiwan and the US. By drawing on our strengths, we can jointly build non-red supply chains to bolster our economic resilience and drive the advancement of global technology. I want to thank the US government for reiterating the importance it attaches to peace and stability across the Taiwan Strait and its opposition to any attempt to change the status quo by force or coercion. These statements backing Taiwan help in maintaining stability across the Taiwan Strait and in the Indo-Pacific region. Once again, I thank Governor Dunleavy for traveling such a long way to Taiwan. We hope to see more frequent engagement and exchanges between Taiwan and Alaska so that our relations can continue to grow, and we can create prosperous development for both sides. Governor Dunleavy then delivered remarks, saying that their trip to visit friends in Taiwan has been fantastic, thanking President Lai for the invitation to meet, and thanking all the staff. Governor Dunleavy said that as the pandemic was raging, the world went from “before COVID” to “after COVID.” Before COVID, he said, the world relied on a number of systems that were in place for decades after World War II involving supply chains, alliances, sources of energy, trading partners, and friends. He went on to say that as we go beyond COVID, we are reestablishing and reevaluating who our friends are, where we are going to get our energy, and who our trading partners are going to be. The governor said that we are creating a new world for the next 50 years with the new administration in Washington, and this is an opportunity for us to reevaluate and reinvest with our friends for the next 50 years in each other, our futures, and our security. Governor Dunleavy stated that one thing is for certain: that Taiwan is a friend of the US and a friend of Alaska, and has been for many, many decades. He said that it is their hope in this trip and subsequent trips to establish an even tighter bond among their friends in Taiwan, the US, and Alaska. The governor also said that we have much in common in that we are members of the Pacific family, are democracies, and believe in freedom, free speech, and capitalism. He indicated that he has much optimism for the future, and that as we reestablish relationships throughout the world, energy is going to be the key and the basis for our economic development, our national security, and our friendship. Governor Dunleavy said that he believes this trip is going to lay the groundwork for a fantastic future between Taiwan, Alaska, and the US, and that with President Lai’s support as well as the support of the US administration, we can work together to build even better relationships.

    Details
    2025-03-20
    President Lai attends AmCham Taiwan 2025 Hsieh Nien Fan
    On the evening of March 20, President Lai Ching-te attended the annual Hsieh Nien Fan (謝年飯) banquet hosted by the American Chamber of Commerce in Taiwan (AmCham Taiwan). In remarks, President Lai pointed out that the United States is now a major source of investment in Taiwan, adding that last year US investment accounted for 11.5 percent of total foreign investment in Taiwan. The president also pointed out that the US has become Taiwan’s largest investment destination, as Taiwan’s direct and indirect investment in the US accounted for more than 40 percent of its total outbound investment last year. President Lai expressed hope that AmCham will continue to offer support in quickly resolving the issue of double taxation, further enhancing the mutually beneficial Taiwan-US economic and trade partnership. He also emphasized that one essential element for our economic prosperity is maintaining security and stability, both regionally and globally. The president expressed his belief that, so long as we coordinate our efforts, we can achieve more in our respective defense industries and build non-red supply chains, advancing peace, stability, and prosperity. A transcript of President Lai’s remarks follows: I’m delighted to be here tonight. I want to wish everyone and their families a happy, healthy, and prosperous year ahead. For many years now, AmCham has acted as a bridge between Taiwan and the US. It not only advocates for Taiwan to various sectors in the US, but also offers advice for the development of Taiwan’s industries. So tonight, I would like to express my deepest gratitude to all our friends from the American business community. The 2025 Business Climate Survey, published by AmCham this January, demonstrates the confidence foreign businesses have in the Taiwan market. We are happy to see that over 80 percent of survey respondents reported stable or increased revenue last year, and around 80 percent expressed confidence in Taiwan’s economic prospects for the coming year. Moreover, 90 percent of businesses surveyed are planning to maintain or expand their investments in Taiwan. The positive developments in Taiwan made by our American friends here tonight, their outlook for the future, and their confidence in Taiwan, are further proof of Taiwan’s ideal environment for investment. The US is now a major source of investment in Taiwan. Last year, US investment accounted for 11.5 percent of total foreign investment in Taiwan. In 2023, Entegris opened a new manufacturing facility in Kaohsiung and Micron launched a new facility in Taichung. Last year, Google further solidified Taiwan as its biggest R&D hub outside of the US by opening a new office here. AMD, Nvidia, and major cloud computing companies from the US have also been choosing Taiwan to expand their presence. Over the past several years, the US has also become Taiwan’s largest investment destination. Taiwan’s direct and indirect investment in the US accounted for more than 40 percent of our total outbound investment last year. Four years ago, TSMC’s [Taiwan Semiconductor Manufacturing Company] investment in facilities in Arizona became the biggest FDI [foreign direct investment] in a greenfield project in US history. And this month, TSMC announced it would expand that investment, breaking another record and highlighting the enduring prosperity shared by Taiwan and the US. In addition to TSMC, Taiwan’s GlobalWafers has built a 12-inch silicon wafer factory in Texas, the biggest in the US. This will be followed by many other industries. These companies are confidently expanding their global presence across the Pacific and eastward into the Americas. The US is moving to reindustrialize its manufacturing industry and consolidate high-tech leadership, as it moves to become a global AI hub. In these efforts, Taiwan is an indispensable partner for the US. While the US is a leader in chip design, Taiwan’s semiconductor manufacturing plays an irreplaceable part in the supply chain. Adapting to the changing geopolitical landscape and the coming era of smart technology, Taiwan will continue to promote its Five Trusted Industry Sectors of semiconductors, AI, military, next-gen communications, and security and surveillance. This will drive the next stage in our economic development. A great time to invest in Taiwan is now. We will continue to better connect relevant government agencies and align with international standards to foster a friendlier investment environment. And I am confident that Taiwanese and American companies can leverage their respective high-tech expertise and invest in each other, boosting growth in industrial innovation and development for both our economies. At the same time, we hope to continue deepening Taiwan-US trade relations. Last year, Taiwan was the seventh largest trading partner of the US, up one spot from the previous year, and bilateral trade grew by 24.2 percent. Taiwan is going to expand procurement from the US of industrial and agricultural products, as well as natural gas. I am very happy to welcome Governor [Mike] Dunleavy of Alaska, who has specially come all the way to Taiwan. Alaska is a source of high-quality natural gas, and its relatively short distance from Taiwan facilitates transportation. So we are very interested in buying Alaskan natural gas because it can meet our needs and ensure our energy security. We hope that AmCham will continue to offer support in quickly resolving the issue of double taxation and removing tax barriers to bilateral investment and trade, further enhancing the mutually beneficial Taiwan-US economic and trade partnership. One essential element for our economic prosperity is maintaining security and stability, both regionally and globally. So we are grateful for the joint leaders’ statement issued by [US] President [Donald] Trump and Japan’s Prime Minister Ishiba Shigeru, in which they expressed their solid support for maintaining peace and stability across the Taiwan Strait. As we face growing authoritarianism, Taiwan will continue to uphold our values of freedom and democracy and will be a responsible actor in regional and global security. Currently, Taiwan’s defense budget stands at about 2.5 percent of GDP. Going forward, the government will prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP. At the same time, we will continue to reform national defense, further enhancing Taiwan’s self-defense capabilities. And we will advance our cooperation with the US and other democracies in upholding regional stability and prosperity. We also welcome continued Taiwan-US cooperation in the defense sector. I believe that, so long as we coordinate our efforts, we can achieve more in our respective defense industries and build non-red supply chains, advancing peace, stability, and prosperity. In closing, I look forward to seeing even greater achievements from Taiwan-US economic and trade cooperation. Thank you. After remarks, President Lai, AmCham Chairperson Dan Silver, American Institute in Taiwan Taipei Office Director Raymond Greene, and Governor Dunleavy raised their glasses in recognition of the strong Taiwan-US friendship.  

    Details
    2025-03-18
    President Lai meets Arizona Governor Katie Hobbs  
    On the afternoon of March 18, President Lai Ching-te met with a delegation led by Arizona Governor Katie Hobbs. In remarks, President Lai said that Taiwan and Arizona enjoy close economic and trade relations, and expressed hope that through our joint efforts, Arizona will become a shining example for Taiwan-United States high-tech collaboration and the creation of non-red supply chains. The president indicated that the next goal for Taiwan and the US is the signing of an agreement for the avoidance of double taxation, which would provide greater incentives for Taiwanese businesses to invest in the US, facilitate the establishment of more comprehensive industry clusters, and generate more job opportunities, representing a win-win outcome for Taiwan-US relations. A translation of President Lai’s remarks follows: I warmly welcome you all to the Presidential Office. Governor Hobbs previously visited Taiwan after taking office in 2023. Her leading a delegation to Taiwan once again demonstrates Arizona’s continued friendship and the importance Arizona attaches to Taiwan. For this, I express my sincerest gratitude, and I welcome you again. In recent years, ties between Taiwan and Arizona have continued to expand and progress. For example, Taiwan Semiconductor Manufacturing Company (TSMC)’s investment in Arizona is the largest greenfield investment in US history. This month, TSMC announced that it would increase its investment in the US by US$100 billion. It plans to build more semiconductor fabrication and research and development facilities in greater Phoenix, transforming the area into a US semiconductor hub. Due to our close industrial engagement, we now have more than 30,000 Taiwanese living in Arizona. I would like to thank Governor Hobbs for taking care of Taiwanese businesses and people. I believe that through our joint efforts, Arizona will become a shining example for Taiwan-US high-tech collaboration and the creation of non-red supply chains. Taiwan and Arizona also enjoy close economic and trade relations. Taiwan is Arizona’s eighth largest export market and fifth largest source of imports. Last December, the first agreement under the Taiwan-US Initiative on 21st-Century Trade officially came into effect. I believe this will help further deepen our trade and economic ties. At present, the next goal for Taiwan and the US is the signing of an agreement for the avoidance of double taxation. I hope that we can work together to achieve this goal as soon as possible. This would provide greater incentives for Taiwanese businesses to invest in the US, facilitate the establishment of more comprehensive local industry clusters, and generate more job opportunities, representing a win-win outcome. With Governor Hobbs’s support, we look forward to continuing to advance Taiwan-US relations and promoting further cooperation and exchanges between Taiwan and Arizona across all domains. I understand that during this visit, you have visited many important companies and exchanged opinions with government agencies on how to strengthen bilateral relations. These efforts all go toward building an even more solid foundation for future Taiwan-US cooperation. Once again, I thank you all for supporting Taiwan and welcome you to visit us often in the future. Governor Hobbs then delivered remarks, stating that under President Lai’s leadership, Taiwan continues to thrive as a global hub for technology, innovation, and advanced manufacturing. She said that she is proud to be back in Taiwan alongside her secretary of commerce, Sandra Watson, as part of a diplomatic and economic delegation from Arizona. Since arriving, she said, they’ve hit the ground running, meeting with key partners, businesses, and leaders, noting that the takeaway from their meetings has been incredibly positive, and that they underscore the strong and enduring partnership between Arizona and Taiwan. Adding that our partnership that is built on shared values, mutual cultural appreciation, and commitment to innovation and economic growth, Governor Hobbs indicated that Arizona and Taiwan’s partnership extends back decades, as Taiwanese fighter pilots have been training at Luke Air Force Base in Phoenix since 1996. She said that we have built a strong base of collaboration across many areas, including technology, workforce, and cultural exchange, and that Arizona is even slated to get its own Din Tai Fung (鼎泰豐), which she expressed she is very thrilled about. Governor Hobbs went on to say that Arizona’s relationship with Taiwan is anchored by its ongoing partnership with TSMC and many Taiwan-based companies in semiconductor and other industries, and that TSMC’s US$165 billion investment in Arizona will help power development of the world’s most advanced technology, such as AI, and promises to cement an unbreakable bond between our two economies.  She stated that as governor, she can say with confidence that her administration is fully committed to strengthening this relationship in every way possible, because when Arizona and Taiwan succeed, we all succeed. Lastly, Governor Hobbs once again expressed gratitude to President Lai and the people of Taiwan for their warm hospitality. She then invited President Lai to Arizona to continue their productive conversations and further strengthen ties between our people and our economies, adding that she knows there is no limit to what we can achieve together, and that she is looking forward to what is to come. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.

    Details
    2025-03-18
    President Lai meets 2025 Yushan Forum participants
    On the afternoon of March 18, President Lai Ching-te met with participants in the 2025 Yushan Forum. In remarks, President Lai thanked the guests for gathering here in Taiwan and discussing ways to enhance regional cooperation, demonstrating that our democratic allies and friends are standing together as we take on the challenges of a new world and a new era. The president reiterated that Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. He stated that Taiwan will continue to work with international partners to deepen cooperation, exchanges, and partnership in various domains and resist the expansion of authoritarianism. Together, the president emphasized, we can pursue regional peace and security and realize a new vision for a free and open, stable and prosperous Indo-Pacific. A translation of President Lai’s remarks follows: I would like to begin by thanking Anders Fogh Rasmussen, former prime minister of Denmark and chairman of the Alliance of Democracies Foundation, for inviting then-President Tsai Ing-wen to address the Copenhagen Democracy Summit via video over five consecutive years since 2020, and for inviting myself to give remarks via video last year. Those opportunities allowed Taiwan to share with the world our motivation for, and our work toward, safeguarding freedom and democracy. I would also like to thank Mr. Janez Janša, former prime minister of the Republic of Slovenia, who has visited Taiwan many times already, for actively elevating the cordial ties between Taiwan and Slovenia during his term as prime minister, helping expand friendship for Taiwan throughout Europe. Today’s guests have traveled a long way to show their strong backing for Taiwan. For this, I express my deepest gratitude. Yesterday was my first time attending the Yushan Forum as president. I saw political leaders and representatives gather here in Taiwan and discuss ways to enhance regional cooperation. The event demonstrated that our democratic allies and friends are standing together as we take on the challenges of a new world and a new era. It was truly moving. As I stated at the opening ceremony, Taiwan will continue to engage with the world, and we welcome the world to come closer to Taiwan. Our government will help guide Taiwanese small- and medium-sized enterprises as they expand into the international market and extend Taiwan’s economic power. I hope that during this visit, our guests will be able to explore more opportunities for cooperation in such fields as AI, smart healthcare, and advanced technologies, and join hands in contributing to the prosperity and development of our democratic allies and friends. Taiwan will continue to work with international partners, building upon the shared values of freedom and democracy, to deepen cooperation, exchanges, and partnership in various domains and resist the expansion of authoritarianism. Together, we can pursue regional peace and security and realize a new vision for a free and open, stable and prosperous Indo-Pacific. And I hope, with the assistance of our guests here today, that we can further strengthen the ties between Taiwan and Europe so that we can all take up the work of maintaining global peace and stability. Once again, I welcome our guests to Taiwan. I look forward to hearing your thoughts in a few moments. I also hope you will visit Taiwan often in the future and continue to experience our vibrant democratic society and culture. Chairman Rasmussen then delivered remarks, saying that it is a great pleasure to be back here in Taipei after meeting with President Lai in 2023. He then thanked President Lai for the Taiwanese hospitality on behalf of the Yushan Forum international visitors and participants, who represent four continents and very different political parties but who are united by one thing – the commitment to democracy. Chairman Rasmussen mentioned that over the past few days, they have met with members of the government, legislature, and civil society in Taiwan. He said that he is more convinced than ever that in a very uncertain world, Taiwan continues to stand as a beacon of democracy, from which people in Europe and in the rest of the world have a lot to learn. Over the past eight years, he has been proud to step up his engagement with Taiwan, he said, as he has always subscribed to the view that freedom must advance everywhere, or else it is in decline everywhere. Chairman Rasmussen noted that they have many interests in making sure Taiwan remains free and that we must always stand up for freedom when it is under assault by a dictator. This is why Ukraine’s fight is also everyone’s fight, he explained. He then praised Taiwan for all of the support it has given to Ukraine since Russia’s invasion and honored the two Taiwanese volunteer soldiers who gave their lives for freedom in Ukraine. Chairman Rasmussen remarked that Taiwan is a strong feature of the Copenhagen Democracy Summit that he convenes each year. His foundation, the Alliance of Democracies, has even been sanctioned by the Chinese government due to its support of Taiwan, he said, which is something he takes as a badge of honor. He added that this year’s Copenhagen Democracy Summit in May will be no different, as they plan to focus on the new world order, urgent measures to strengthen Europe’s military, and the situation in Ukraine. But as the United States pulls back from the transatlantic alliance and Europe focuses more on its own defense, he said, Europe should not retreat from the world. He added that to ensure European security, we need more Europe in the Indo-Pacific, and that is why he has been making the argument for more political and economic cooperation with Taiwan. Chairman Rasmussen praised President Lai’s recent decision to increase Taiwan’s national defense budget to more than 3 percent of GDP, adding that it is important that each nation does what it can for its own defense. The chairman once again thanked President Lai for meeting with them today and for the opportunity to visit Taiwan, a beacon of democracy and liberty in Asia. Also in attendance at the meeting were Chairman of the Czech Senate Committee on Foreign Affairs, Defence and Security Pavel Fischer; Member of the National Security Advisory Board to India’s National Security Council Anshuman Tripathi; former Minister of Foreign Affairs of Poland Anna Fotyga; former Minister of Health of Canada Tony Clement; and former Vice-Minister of Foreign Affairs of the Republic of Lithuania and current Secretary General of the Polish-based Community of Democracies Mantas Adomėnas.

    Details
    2025-03-18
    President Lai meets delegation led by Minister of Foreign Affairs Denzil Douglas of Saint Christopher and Nevis
    On the afternoon of March 18, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Denzil Douglas of the Federation of Saint Christopher and Nevis. In remarks, President Lai thanked St. Kitts and Nevis for speaking up for Taiwan at major international venues and supporting Taiwan’s international participation. The president expressed hope that our two countries continue to achieve remarkable results through cooperation in such fields as education and training, agricultural development, women’s empowerment, and environmental sustainability, and create even greater well-being for our peoples. A translation of President Lai’s remarks follows: I welcome Minister Douglas and our esteemed guests to Taiwan. Last June, Minister Douglas accompanied Prime Minister Terrance Drew and his wife on their trip to Taiwan. I am delighted to be able to meet and exchange views with Minister Douglas again less than one year later. Your presence fully demonstrates the profound bond between Taiwan and St. Kitts and Nevis. I look forward to the further deepening of our partnership through our exchanges during this visit. Although our two nations are separated by a great distance, we share such universal values as democracy, freedom, and respect for human rights. We also continue to achieve remarkable results through cooperation in such fields as education and training, agricultural development, women’s empowerment, and environmental sustainability. Given that Prime Minister Drew, Minister Douglas, and I all share medical backgrounds, we deeply understand the importance of people’s health. I thus look forward to St. Kitts and Nevis’s climate-smart JNF General Hospital commencing operations as soon as possible thanks to our cooperation. The provision of even higher-quality public health and medical services will yield benefits for many more people. I also believe that by having Taiwan share its experiences in renewable energy and energy-saving technologies, our two countries will jointly drive green industrial transformation and stimulate sustainable development together. I would like to take this opportunity to thank St. Kitts and Nevis for actively speaking up for Taiwan and supporting Taiwan’s participation at such major international venues and organizations as the United Nations General Assembly, the World Health Organization, and the International Civil Aviation Organization. In the future, Taiwan will continue to make critical contributions to the international community. With the support of Minister Douglas and our guests, I look forward to our two countries backing each other on the global stage and continuing to build an even stronger foundation for bilateral cooperation. Let us work together to address the various challenges we face and create even greater well-being for our peoples. Minister Douglas then delivered remarks, first conveying greetings from Prime Minister Drew to President Lai, the government, and the people of Taiwan. He then stated that over the last 41 years since the dawn of their nationhood, the Republic of China Taiwan has steadfastly walked beside St. Kitts and Nevis as a strong and immovable partner. As we reflect on four decades of our journey together, he said, we recognize the unswerving and unwavering spirit that has guided both our nations through trials and challenges. The minister then acknowledged the generous support of Taiwan’s government that has helped St. Kitts and Nevis in its own economic and social development. He went on to say that Taiwan’s partnership with St. Kitts and Nevis has been instrumental in helping them achieve the goals of their sustainable island state agenda. Whether in enhancing food security through the diversification of their agricultural sector, fostering clean energy solutions through the solar PV farm, or advancing healthcare through assistance in building their smart hospital, he said, Taiwan has been a steadfast partner in shaping a much more resilient and sustainable future for the people of their federation. In the spirit of reciprocity and solidarity, Minister Douglas said, St. Kitts and Nevis continues to leverage opportunities on the global stage to request incessantly that Taiwan be given its rightful place in international organizations, where it can make a meaningful contribution to resolving the world’s most critical issues. Minister Douglas indicated that the global challenges we face today demand collective action, and that Taiwan has the innovation, the technology, the knowledge, and the expertise to make a tremendous positive impact on some of the world’s most urgent issues. He said that St. Kitts and Nevis will never grow weary in their own support, but shall continue to sound the clarion call of “let Taiwan in,” as well as advocate for peace to be maintained in the Taiwan Strait. To close, Minister Douglas expressed gratitude for the warm hospitality bestowed upon him and his delegation by Taiwan’s government, remarking that the engagements they had thus far were pregnant with promise, and that they are confident in witnessing a fruitful outcome as we work together to build a prosperous and sustainable future for our peoples. The delegation also included Permanent Secretary in the Ministry of Foreign Affairs Kaye Bass, Permanent Secretary of Economic Development and Investment Adina Richards, and Director in the Ministry of International Trade Sean Lawrence. The delegation was accompanied to the Presidential Office by St. Kitts and Nevis Ambassador Donya L. Francis.

    Details
    2025-03-13
    President Lai holds press conference following high-level national security meeting
    On the afternoon of March 13, President Lai Ching-te convened a high-level national security meeting, following which he held a press conference. In remarks, President Lai introduced 17 major strategies to respond to five major national security and united front threats Taiwan now faces: China’s threat to national sovereignty, its threats from infiltration and espionage activities targeting Taiwan’s military, its threats aimed at obscuring the national identity of the people of Taiwan, its threats from united front infiltration into Taiwanese society through cross-strait exchanges, and its threats from using “integrated development” to attract Taiwanese businesspeople and youth. President Lai emphasized that in the face of increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and expressed hope that all citizens unite in solidarity to resist being divided. The president also expressed hope that citizens work together to increase media literacy, organize and participate in civic education activities, promptly expose concerted united front efforts, and refuse to participate in any activities that sacrifice national interests. As long as every citizen plays their part toward our nation’s goals for prosperity and security, he said, and as long as we work together, nothing can defeat us. A translation of President Lai’s remarks follows: At many venues recently, a number of citizens have expressed similar concerns to me. They have noticed cases in which members of the military, both active-duty and retired, have been bought out by China, sold intelligence, or even organized armed forces with plans to harm their own nation and its citizens. They have noticed cases in which entertainers willingly followed instructions from Beijing to claim that their country is not a country, all for the sake of personal career interests. They have noticed how messaging used by Chinese state media to stir up internal opposition in Taiwan is always quickly spread by specific channels. There have even been individuals making careers out of helping Chinese state media record united front content, spreading a message that democracy is useless and promoting skepticism toward the United States and the military to sow division and opposition. Many people worry that our country, as well as our hard-won freedom and democracy and the prosperity and progress we achieved together, are being washed away bit by bit due to these united front tactics. In an analysis of China’s united front, renowned strategic scholar Kerry K. Gershaneck expressed that China plans to divide and conquer us through subversion, infiltration, and acquisition of media, and by launching media warfare, psychological warfare, and legal warfare. What they are trying to do is to sow seeds of discord in our society, keep us occupied with internal conflicts, and cause us to ignore the real threat from outside. China’s ambition over the past several decades to annex Taiwan and stamp out the Republic of China has not changed for even a day. It continues to pursue political and military intimidation, and its united front infiltration of Taiwan’s society grows ever more serious. In 2005, China promulgated its so-called “Anti-Secession Law,” which makes using military force to annex Taiwan a national undertaking. Last June, China issued a 22-point set of “guidelines for punishing Taiwan independence separatists,” which regards all those who do not accept that “Taiwan is part of the People’s Republic of China” as targets for punishment, creating excuses to harm the people of Taiwan. China has also recently been distorting United Nations General Assembly Resolution 2758, showing in all aspects China’s increasingly urgent threat against Taiwan’s sovereignty. Lately, China has been taking advantage of democratic Taiwan’s freedom, diversity, and openness to recruit gangs, the media, commentators, political parties, and even active-duty and retired members of the armed forces and police to carry out actions to divide, destroy, and subvert us from within. A report from the National Security Bureau indicates that 64 persons were charged last year with suspicion of spying for China, which was three times the number of persons charged for the same offense in 2021. Among them, the Unionist Party, Rehabilitation Alliance Party, and Republic of China Taiwan Military Government formed treasonous organizations to deploy armed forces for China. In a democratic and free society, such cases are appalling. But this is something that actually exists within Taiwan’s society today. China also actively plots ways to infiltrate and spy on our military. Last year, 28 active-duty and 15 retired members of the armed forces were charged with suspicion of involvement in spying for China, respectively comprising 43 percent and 23 percent of all of such cases – 66 percent in total. We are also alert to the fact that China has recently used widespread issuance of Chinese passports to entice Taiwanese citizens to apply for the Residence Permit for Taiwan Residents, permanent residency, or the Resident Identity Card, in an attempt to muddle Taiwanese people’s sense of national identity. China also views cross-strait exchanges as a channel for its united front against Taiwan, marking enemies in Taiwan internally, creating internal divisions, and weakening our sense of who the enemy really is. It intends to weaken public authority and create the illusion that China is “governing” Taiwan, thereby expanding its influence within Taiwan. We are also aware that China has continued to expand its strategy of integrated development with Taiwan. It employs various methods to demand and coerce Taiwanese businesses to increase their investments in China, entice Taiwanese youth to develop their careers in China, and unscrupulously seeks to poach Taiwan’s talent and steal key technologies. Such methods impact our economic security and greatly increase the risk of our young people heading to China. By its actions, China already satisfies the definition of a “foreign hostile force” as provided in the Anti-Infiltration Act. We have no choice but to take even more proactive measures, which is my purpose in convening this high-level national security meeting today. It is time we adopt proper preventive measures, enhance our democratic resilience and national security, and protect our cherished free and democratic way of life. Next, I will be giving a detailed account of the five major national security and united front threats Taiwan now faces and the 17 major strategies we have prepared in response. I. Responding to China’s threats to our national sovereignty We have a nation insofar as we have sovereignty, and we have the Republic of China insofar as we have Taiwan. Just as I said during my inaugural address last May, and in my National Day address last October: The moment when Taiwan’s first democratically elected president took the oath of office in 1996 sent a message to the international community, that Taiwan is a sovereign, independent, democratic nation. Among people here and in the international community, some call this land the Republic of China, some call it Taiwan, and some, the Republic of China Taiwan. The Republic of China and the People’s Republic of China are not subordinate to each other, and Taiwan resists any annexation or encroachment upon our sovereignty. The future of the Republic of China Taiwan must be decided by its 23 million people. This is the status quo that we must maintain. The broadest consensus in Taiwanese society is that we must defend our sovereignty, uphold our free and democratic way of life, and resolutely oppose annexation of Taiwan by China. (1) I request that the National Security Council (NSC), the Ministry of National Defense (MND), and the administrative team do their utmost to promote the Four Pillars of Peace action plan to demonstrate the people’s broad consensus and firm resolve, consistent across the entirety of our nation, to oppose annexation of Taiwan by China. (2) I request that the NSC and the Ministry of Foreign Affairs draft an action plan that will, through collaboration with our friends and allies, convey to the world our national will and broad social consensus in opposing annexation of Taiwan by China and in countering China’s efforts to erase Taiwan from the international community and downgrade Taiwan’s sovereignty. II. Responding to China’s threats from infiltration and espionage activities targeting our military (1) Comprehensively review and amend our Law of Military Trial to restore the military trial system, allowing military judges to return to the frontline and collaborate with prosecutorial, investigative, and judicial authorities in the handling of criminal cases in which active-duty military personnel are suspected of involvement in such military crimes as sedition, aiding the enemy, leaking confidential information, dereliction of duty, or disobedience. In the future, criminal cases involving active-duty military personnel who are suspected of violating the Criminal Code of the Armed Forces will be tried by a military court. (2) Implement supporting reforms, including the establishment of a personnel management act for military judges and separate organization acts for military courts and military prosecutors’ offices. Once planning and discussion are completed, the MND will fully explain to and communicate with the public to ensure that the restoration of the military trial system gains the trust and full support of society. (3) To deter the various types of controversial rhetoric and behavior exhibited by active-duty as well as retired military personnel that severely damage the morale of our national military, the MND must discuss and propose an addition to the Criminal Code of the Armed Forces on penalties for expressions of loyalty to the enemy as well as revise the regulations for military personnel and their families receiving retirement benefits, so as to uphold military discipline. III. Responding to China’s threats aimed at obscuring the national identity of the people of Taiwan (1) I request that the Ministry of the Interior (MOI), Mainland Affairs Council (MAC), and other relevant agencies, wherever necessary, carry out inspections and management of the documents involving identification that Taiwanese citizens apply for in China, including: passports, ID cards, permanent residence certificates, and residence certificates, especially when the applicants are military personnel, civil servants, or public school educators, who have an obligation of loyalty to Taiwan. This will be done to strictly prevent and deter united front operations, which are performed by China under the guise of “integrated development,” that attempt to distort our people’s national identity. (2) With respect to naturalization and integration of individuals from China, Hong Kong, and Macau into Taiwanese society, more national security considerations must be taken into account while also attending to Taiwan’s social development and individual rights: Chinese nationals applying for permanent residency in Taiwan must, in accordance with the law of Taiwan, relinquish their existing household registration and passport and may not hold dual identity status. As for the systems in place to process individuals from Hong Kong or Macau applying for residency or permanent residency in Taiwan, there will be additional provisions for long-term residency to meet practical needs. IV. Responding to China’s threats from united front infiltration into Taiwanese society through cross-strait exchanges  (1) There are increasing risks involved with travel to China. (From January 1, 2024 to today, the MAC has received reports of 71 Taiwanese nationals who went missing, were detained, interrogated, or imprisoned in China; the number of unreported people who have been subjected to such treatment may be several times that. Of those, three elderly I-Kuan Tao members were detained in China in December of last year and have not yet been released.) In light of this, relevant agencies must raise public awareness of those risks, continue enhancing public communication, and implement various registration systems to reduce the potential for accidents and the risks associated with traveling to China. (2) Implement a disclosure system for exchanges with China involving public officials at all levels of the central and local government. This includes everyone from administrative officials to elected representatives, from legislators to village and neighborhood chiefs, all of whom should make the information related to such exchanges both public and transparent so that they can be accountable to the people. The MOI should also establish a disclosure system for exchanges with China involving public welfare organizations, such as religious groups, in order to prevent China’s interference and united front activities at their outset. (3) Manage the risks associated with individuals from China engaging in exchanges with Taiwan: Review and approval of Chinese individuals coming to Taiwan should be limited to normal cross-strait exchanges and official interactions under the principles of parity and dignity, and relevant factors such as changes in the cross-strait situation should be taken into consideration. Strict restrictions should be placed on Chinese individuals who have histories with the united front coming to Taiwan, and Chinese individuals should be prohibited from coming to Taiwan to conduct activities related in any way to the united front. (4) Political interference from China and the resulting risks to national security should be avoided in cross-strait exchanges. This includes the review and management of religious, cultural, academic, and education exchanges, which should in principle be depoliticized and de-risked so as to simplify people-to-people exchanges and promote healthy and orderly exchanges. (5) To deter the united front tactics of a cultural nature employed by Chinese nationals to undermine Taiwan’s sovereignty, the Executive Yuan must formulate a solution to make our local cultural industries more competitive, including enhanced support and incentives for our film, television, and cultural and creative industries to boost their strengths in democratic cultural creation, raise international competitiveness, and encourage research in Taiwan’s own history and culture. (6) Strengthen guidance and management for entertainers developing their careers in China. The competent authorities should provide entertainers with guidelines on conduct while working in China, and make clear the scope of investigation and response to conduct that endangers national dignity. This will help prevent China from pressuring Taiwanese entertainers to make statements or act in ways that endanger national dignity. (7) The relevant authorities must adopt proactive, effective measures to prevent China from engaging in cognitive warfare against Taiwan or endangering cybersecurity through the internet, applications, AI, and other such tools. (8) To implement these measures, each competent authority must run a comprehensive review of the relevant administrative ordinances, measures, and interpretations, and complete the relevant regulations for legal enforcement. Should there be any shortcomings, the legal framework for national security should be strengthened and amendments to the National Security Act, Anti-Infiltration Act, Act Governing Relations between the People of the Taiwan Area and the Mainland Area, Laws and Regulations Regarding Hong Kong & Macao Affairs, or Cyber Security Management Act should be proposed. Communication with the public should also be increased so that implementation can happen as soon as possible. V. Responding to threats from China using “integrated development” to attract Taiwanese businesspeople and youth (1) I request that the NSC and administrative agencies work together to carry out strategic structural adjustments to the economic and trade relations between Taiwan and China based on the strategies of putting Taiwan first and expanding our global presence while staying rooted in Taiwan. In addition, they should carry out necessary, orderly adjustments to the flow of talent, goods, money, and skills involved in cross-strait economic and trade relations based on the principle of strengthening Taiwan’s foundations to better manage risk. This will help boost economic security and give us more power to respond to China’s economic and trade united front and economic coercion against Taiwan. (2) I request that the Ministry of Education, MAC, Ministry of Economic Affairs, and other relevant agencies work together to comprehensively strengthen young students’ literacy education on China and deepen their understanding of cross-strait exchanges. I also request these agencies to widely publicize mechanisms for employment and entrepreneurship for Taiwan’s youth and provide ample information and assistance so that young students have more confidence in the nation’s future and more actively invest in building up and developing Taiwan. My fellow citizens, this year marks the 80th anniversary of the end of the Second World War. History tells us that any authoritarian act of aggression or annexation will ultimately end in failure. The only way we can safeguard freedom and prevail against authoritarian aggression is through solidarity. As we face increasingly severe threats, the government will not stop doing its utmost to ensure that our national sovereignty is not infringed upon, and to ensure that the freedom, democracy, and way of life of Taiwan’s 23 million people continues on as normal. But relying solely on the power of the government is not enough. What we need even more is for all citizens to stay vigilant and take action. Every citizen stands on the frontline of the defense of democracy and freedom. Here is what we can do together: First, we can increase our media literacy, and refrain from spreading and passing on united front messaging from the Chinese state. Second, we can organize and participate in civic education activities to increase our knowledge about united front operations and build up whole-of-society defense resilience. Third, we can promptly expose concerted united front efforts so that all malicious attempts are difficult to carry out. Fourth, we must refuse to participate in any activities that sacrifice national interests. The vigilance and action of every citizen forms the strongest line of defense against united front infiltration. Only through solidarity can we resist being divided. As long as every citizen plays their part toward our nation’s goals for prosperity and security, and as long as we work together, nothing can defeat us.

    MIL OSI Asia Pacific News –

    March 30, 2025
  • MIL-OSI New Zealand: Delivering better grocery prices

    Source: New Zealand Government

    Today I am announcing next steps in the Government’s mission to deliver better grocery prices for Kiwis.
    Our Government knows that the cost of living is a major concern for New Zealanders. We are focused on delivering changes that will bring down the cost of living, now and in the years ahead.
    One major driver of the cost of living is the high prices many Kiwis pay for their basic groceries. After housing, food is the second-most expensive item in Kiwis’ household budgets.
    The current situation
    New Zealand grocery prices are high by international standards. Kiwi shoppers are being poorly served by extremely low levels of competition in our grocery sector. 
    This lack of competition is the result of a series of mergers that have occurred over the past 30 or 40 years, reducing a sector once characterised by a number of grocery chains to a market now dominated by just two major players per island:  Foodstuffs North Island, Foodstuffs South Island  (with the New World, Pak ‘n Save and Four Square brands) and Woolworths (with the Countdown and Fresh Choice / Super Value brands).
    These incumbents exhibit significant market power and act as an effective island duopoly, with many communities experiencing what could be characterised as a localised grocery monopoly, as they have no other store to choose from near their homes.
    It’s noteworthy that Foodstuffs argued in the courts that the merger of Progressive Enterprises and Woolworths NZ was not in consumers’ interests. 
    This dynamic was acknowledged by a 2022 market study and led to a series of reforms.   
    In September last year the Commerce Commission published its first annual report into the grocery sector, which provided an update on the impact of reforms so far. 
    It concluded that competition in the grocery sector had not materially improved.
    The Commerce Commission did note pockets of improved competition due, for example, to Costco entering the Auckland market, and the Warehouse expanding its range of grocery offerings. But these incursions have not fundamentally changed the competitive dynamics in the market.
    There has been no reduction in market concentration, with evidence of increasing margins for major supermarkets, and ongoing levels of profitability much higher than would be expected in a workably competitive market.
    There have also been recent examples of firms struggling to compete in the market. Organic grocer Huckleberry, which owned three stores in Auckland, went into liquidation in 2024. Online grocer Supie was put into voluntary administration in October 2023.   
    The Grocery Commissioner has noted the disappointing impact of new wholesale regulations, and ongoing problems with the Grocery Supply Code.
    The simple reality is this: Despite good intentions, the last Government’s reforms have not improved grocery competition or delivered better prices for Kiwi supermarket shoppers. 
    I am advised that without further action, meaningful changes to competition will be some time away. 
    Progress Update
    Last month I announced my desire to see another competitor enter the supermarket scene to deliver more effective competition in the grocery sector, disrupt the major players, drive down prices and increase options for Kiwi shoppers.
    I made clear then that the Government wants to help remove barriers that could get in the way of a new entrant, including potentially removing a range of regulatory hurdles. 
    Since February, I and my officials have engaged with a range of interested parties who’ve shared their views of what might be needed to help their entry or expansion into the New Zealand grocery market.
    These engagements have been instructive.  My key findings have been:

    To achieve the best outcomes for consumers we need at least one competitor entering or expanding to operate at a national scale. The Commerce Commission’s first grocery report supports this view, stating that success in the grocery industry “requires a third major network of supermarkets, offering a full range of groceries nationwide”.
    That the Government’s work to replace the Resource Management Act, and changes to the Overseas Investment Act can help to ease the path for new grocery stores.
    That the Commerce Commission’s work to target multiple other issues – including on wholesale supply of groceries, monitoring of anti-competitive behaviour and strengthening information and protections for consumers and suppliers – must continue at pace.
    That further bespoke regulatory intervention could help some potential entrants – including by addressing potential barriers in food labelling and import standards that could prevent the importation of competitor products.
    That even with all these changes, major commercial and regulatory barriers could still prevent a third player from being able to enter or compete at a national scale.

    A competitor at scale
    This final point is very important.
    I want to see a new grocery competitor that can introduce competitive pressure not just in one niche or region but across the country, so that it improves shopping choices and prices for as many Kiwi shoppers as possible. 
    International experience suggests that for this to occur, a new player would probably need to reach a scale of at least 10% of the existing market and do so relatively quickly.
    There are a range of views about what additional interventions could be needed to make that possible. Some suggest that progressing the current Commerce Commission work programme, in conjunction with consenting and investment reform may be sufficient. 
    Others advocate more significant changes to the structure of the New Zealand grocery market. 
    These include splitting existing brands currently housed under one umbrella back into separate businesses (horizontal separation or demerger); splitting wholesale and retail provision of groceries (vertical separation); divestment approaches explored but ultimately put on hold by the previous Government, or a combination of these approaches.
    In light of this work, and the advice and views I have considered to date, I have now made recommendations to Cabinet about the next steps needed to improve competition in the New Zealand grocery sector.
    Issuing a formal “Request for Information” to support a supermarket competitor
    Today I am announcing that Cabinet has agreed to commence a formal Request For Information (RFI) process to accelerate improved competition in the New Zealand retail grocery market.
    The RFI I am releasing will help the Government identify the next regulatory and legislative steps needed to support a significant national-scale competitive challenge to the New Zealand supermarket duopoly.
    We want to know what it would take for one or more new grocery retailers to enter the grocery market on a national scale, or existing competitors to grow to sufficient size to generate a material increase in the level of competition in the New Zealand grocery sector. 
    We want to hear from firms or groups who have the capability and capacity to provide New Zealand consumers with a full range of grocery products, at scale, nationwide. 
    This is about obtaining detailed information about how the Government can support a new supermarket competitor, using the full range of legislative and regulatory tools available to us.
    We are asking respondents to set out the ideal conditions that would need to exist for them to enter and grow in the New Zealand retail grocery market. I also want to hear about barriers, both commercial and regulatory, and what the Government can do to improve conditions to allow them to set up and better compete with the incumbents. 
    For example, they may face barriers securing appropriate sites to build on, or they may have issues accessing supply, or there may be fundamental issues with the structure of the market.
    I expect that a new competitor would need to have, buy or build a substantial physical store network. That is a big ask. We can’t just cross our fingers and wait for that to happen. Nor am I satisfied that we’ve yet flushed out everyone who might be up for the task – if we get the conditions right.
    As such, I have asked officials to seek responses from firms which already have a presence in the New Zealand market, such as Costco and the Warehouse as well as established overseas grocery firms, such as Coles, Aldi and Lidi. Investors for targeting will include general investment funds, specialist infrastructure investors and iwi groups. 
    I have also asked officials to seek views from the existing major players, alongside the smaller store owners who work under their brands, to ensure their perspectives are heard.
    The scale of the challenge
    The challenges facing a major new competitor should not be underestimated.
    My engagements to date have suggested that for so long as the current duopoly structure continues, and even with targeted regulatory action, potential investors may perceive that the commercial barriers to success in the NZ grocery market are just too high. 
    Initial research suggests a new or expanding national-scale grocery competitor would require significant upfront capital.  It’s expected that the RFI will expose the “J Curve“” for investment, that is the potential for upfront losses that would be incurred during set-up followed by larger returns down the line. 
    Any large new supermarket business would need to compete with what are large, well-established retailers, with strong brand recognition, substantial market power and significant efficiencies of scale. 
    Concerns include the difficulty in obtaining suitable store sites at scale and pace, the potential for existing players to use their market power to block or squeeze out new entrants and the potential for existing players to place pressure on suppliers to offer less advantageous terms to new entrants. 
    I want potential participants in the Government’s RFI to know I understand the mountain we are asking them to climb. 
    It’s important they take this opportunity to articulate potential challenges as plainly as possible. 
    Further options for Government Intervention
    I acknowledge that we can’t just wait for another competitor to arrive.
    In order to make the New Zealand grocery sector more competitive sooner it’s possible more significant reform of the underlying grocery market structure may be required. 
    I have therefore advised Cabinet that when I report back to them later this year I will potentially recommend progressing additional intervention options for the New Zealand grocery market, including new legislation, should I view this as necessary to achieve the increased levels of grocery competition we are seeking for New Zealand shoppers.
    I am actively anticipating what that may involve.
    Accordingly, I am also announcing today that I am considering a possible structural separation of existing entities in the New Zealand grocery sector.
    To support this, I have commissioned specialist external advice on ways in which the existing supermarket duopoly could be restructured to improve competition, including advice on options for ‘de-merger’ of existing brands, the potential impacts of structural separation of existing entities, and concepts for how this could be achieved.
    It’s important this work, and any recommendations I make to Cabinet, are informed by the responses the Government receives to the Request for Information we are issuing today. 
    And that resulting recommendations properly consider the potential benefits – and costs – of intervention. 
    In considering potential design options I consider any newly created market structure would need to deliver net consumer benefits from greater competition, be enduring, ensure the market is dynamic and efficient and ensure that any transaction costs are kept to a minimum.
    I do not take this step lightly. 
    In a global context, the New Zealand grocery market has experienced exceptional consolidation, a point that the OECD and other international experts agree is major cause for concern.
    This is a $27 billion sector – roughly the size of New Zealand’s tourism and dairy sales combined – so it’s crucial that we get this market working effectively. 
    Doing so will deliver benefits into every shopping trolley and create new business opportunities up and down the supply chain.
    I want to emphasise once again that this Government is not looking to run a supermarket chain: there will be no KiwiShop. 
    Next steps 
    I know that while this work progresses, Kiwi shoppers, feeling the pinch at the checkout, will remain impatient. 
    They have already waited too long for more competitive grocery offerings.
    We need to move fast, and also with due care. 
    The RFI will proceed at pace, with information sought in the next six weeks. Work on market structure options will continue while this occurs, as will the Commerce Commission’s work to complete its wholesale inquiry, its analysis into land-banking issues and its second grocery report.
    In mid 2025, once I have considered the evidence coming in from the RFI, and the Commission’s work, I will bring further recommendations to Cabinet. Depending on what I hear, I may seek Cabinet’s mandate to progress further design work on structural options to improve competition in the grocery sector.
    If legislation is needed, I would want to introduce it before the end of the year and pass it during this parliamentary term, with rapid implementation shortly thereafter. 
    I am determined that this be a thorough and considered process. It’s vital we get this right. 
    As I said, I take seriously the need to weigh carefully not only the potential benefits of further intervention, but also its potential costs. And, it’s important to note, Cabinet has not yet formed a view on whether structural intervention will, in fact, be needed. 
    The RFI we are issuing today is a crucial step for informing our future deliberations. I can’t yet predict the detailed recommendations I will make as a result. 
    It could also be the case that the incumbent supermarkets propose actions that would prevent the need for any new legislation – for example through voluntary divestment undertakings under section 69A of the Commerce Act.
    My key message is this: if further intervention is needed to drive competition in the grocery sector, then I’m up for it. 
    I’m putting all options on the table. 
    I’ll now take your questions.

    MIL OSI New Zealand News –

    March 30, 2025
  • MIL-OSI Global: The move toward AI deregulation could put financial markets at risk

    Source: The Conversation – Canada – By Sana Ramzan, Assistant Professor in Business, University Canada West

    As Canada moves toward stronger AI regulation with the proposed Artificial Intelligence and Data Act (AIDA), its southern neighbour appears to be taking the opposite approach.

    AIDA, part of Bill C-27, aims to establish a regulatory framework to improve AI transparency, accountability and oversight in Canada, although some experts have argued it doesn’t go far enough.

    Meanwhile, United States President Donald Trump’s is pushing for AI deregulation. In January, Trump signed an executive order aimed at eliminating any perceived regulatory barriers to “American AI innovation.” The executive order replaced former president Joe Biden’s prior executive order on AI.




    Read more:
    How the US threw out any concerns about AI safety within days of Donald Trump coming to office


    Notably, the U.S. was also one of two countries — along with the U.K. — that didn’t sign a global declaration in February to ensure AI is “open, inclusive, transparent, ethical, safe, secure and trustworthy.”

    Eliminating AI safeguards leaves financial institutions vulnerable. This vulnerability can increase uncertainty and, in a worst-case scenario, increase the risk of systemic collapse.




    Read more:
    The Paris summit marks a tipping point on AI’s safety and sustainability


    The power of AI in financial markets

    AI’s potential in financial markets is undeniable. It can improve operational efficiency, perform real-time risk assessments, generate higher income and forecast predictive economic change.

    My research has found that AI-driven machine learning models not only outperform conventional approaches in identifying financial statement fraud, but also in detecting abnormalities quickly and effectively. In other words, AI can catch signs of financial mismanagement before they spiral into a disaster.

    In another study, my co-researcher and I found that AI models like artificial neural networks and classification and regression trees can predict financial distress with remarkable accuracy.

    Artificial neural networks are brain-inspired algorithms. Similar to how our brain sends messages through neurons to perform actions, these neural networks process information through layers of interconnected “artificial neurons,” learning patterns from data to make predictions.

    Similarly, classification and regression trees are decision-making models that divide data into branches based on important features to identify outcomes.

    Our artificial neural networks models predicted financial distress among Toronto Stock Exchange-listed companies with a staggering 98 per cent accuracy. This suggests suggests AI’s immense potential in providing early warning signals that could help avert financial downturns before they start.

    However, while AI can simplify manual processes and lower financial risks, it can also introduce vulnerabilities that, if left unchecked, could pose significant threats to economic stability.

    The risks of deregulation

    Trump’s push for deregulation could result in Wall Street and other major financial institutions gaining significant power over AI-driven decision-making tools with little to no oversight.

    When profit-driven AI models operate without the appropriate ethical boundaries, the consequences could be severe. Unchecked algorithms, especially in credit evaluation and trading, could worsen economic inequality and generate systematic financial risks that traditional regulatory frameworks cannot detect.

    Algorithms trained on biased or incomplete data may reinforce discriminatory lending practices. In lending, for instance, biased AI algorithms can deny loans to marginalized groups, widening wealth and inequality gaps.

    In addition, AI-powered trading bots, which are capable of executing rapid transactions, could trigger flash crashes in seconds, disrupting financial markets before regulators have time to respond. The flash crash of 2010 is a prime example where high-frequency trading algorithms aggressively reacted to market signals causing the Dow Jones Industrial Average to drop by 998.5 points in a matter of minutes.

    Furthermore, unregulated AI-driven risk models might overlook economic warning signals, resulting in substantial errors in monetary control and fiscal policy.

    Striking a balance between innovation and safety depends on the ability for regulators and policymakers to reduce AI hazards. While considering financial crisis of 2008, many risk models — earlier forms of AI — were wrong to anticipate a national housing market crash, which led regulators and financial institutions astray and exacerbated the crisis.

    A blueprint for financial stability

    My research underscores the importance of integrating machine learning methods within strong regulatory systems to improve financial oversight, fraud detection and prevention.

    Durable and reasonable regulatory frameworks are required to turn AI from a potential disruptor into a stabilizing force. By implementing policies that prioritize transparency and accountability, policymakers can maximize the advantages of AI while lowering the risks associated with it.

    A federally regulated AI oversight body in the U.S. could serve as an arbitrator, just like Canada’s Digital Charter Implementation Act of 2022 proposes the establishment of an AI and Data Commissioner. Operating with checks and balances inherent to democratic structures would ensure fairness in financial algorithms and stop biased lending policies and concealed market manipulation.

    Financial institutions would be required to open the “black box” of AI-driven alternatives by mandating transparency through explainable AI standards — guidelines that are aimed at making AI systems’ outputs more understandable and transparent to humans.

    Machine learning’s predictive capabilities could help regulators identify financial crises in real-time using early warning signs — similar to the model developed by my co-researcher and me in our study.

    However, this vision doesn’t end at national borders. Globally, the International Monetary Fund and the Financial Stability Board could establish AI ethical standards to curb cross-border financial misconduct.

    Crisis prevention or catalyst?

    Will AI still be the key to foresee and stop the next economic crisis, or will the lack of regulatory oversight cause a financial disaster? As financial institutions continue adopt AI-driven models, the absence of strong regulatory guardrails raises pressing concerns.

    Without proper safeguards in place, AI is not just a tool for economic prediction — it could become an unpredictable force capable of accelerating the next financial crisis.

    The stakes are high. Policymakers must act swiftly to regulate the increasing impact of AI before deregulation opens the path for an economic disaster.

    Without decisive action, the rapid adoption of AI in finance could outpace regulatory efforts, leaving economies vulnerable to unforeseen risks and potentially setting the stage for another global financial crisis.

    Sana Ramzan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. The move toward AI deregulation could put financial markets at risk – https://theconversation.com/the-move-toward-ai-deregulation-could-put-financial-markets-at-risk-251208

    MIL OSI – Global Reports –

    March 30, 2025
  • MIL-OSI Europe: AFRICA/SOUTH SUDAN – Catholic University: A Sign of Hope in South Sudan

    Source: Agenzia Fides – MIL OSI

    ceduta da Javier Trapero, Direttore comunicazione MSC

    by Javier TraperoRumbek (Agenzia Fides) – When we talk about South Sudan, the focus is usually on conflicts and humanitarian crises. But in this country, one also senses the energy and dynamism of young people who want to build a better future for their country.At the Catholic University of South Sudan in Rumbek, “transformation” is promoted. The Missionaries of the Sacred Heart of Jesus pay special attention to the most vulnerable, with a particular focus on the education of women, convinced that education is the key to a more prosperous country. The university represents a concrete opportunity to overcome the crisis South Sudan continues to face.The challenges, however, are enormous. The most serious is currently the civil war in Sudan, which is having devastating consequences: many parishes, schools, and clinics have had to close. In some areas, priests, religious, and lay people continue to work for their communities despite the growing danger. They refuse to abandon the people, even if it means enduring extreme hardship: to reach some parishes, one must travel three days in a small canoe, sleep under a mosquito net on makeshift islands, and then walk for two days. Often, a priest only manages to visit a parish once a year, if not less frequently, making local catechists key figures in the life of the Church. In South Sudan, the Church truly consists of “living stones” who build a spiritual house day by day.Meanwhile, the country’s education system is fragile: primary and secondary schools offer only a very low level of education. The Catholic University of South Sudan is trying to reverse this trend by offering high-quality education thanks to expert teachers and internship programs in Catholic institutions such as Loreto or La Salle.The University’s first graduates have already made a difference in their communities. Among them are many women who are the first in their families to complete higher education and return to their villages as teachers, social workers, nurses, and other skilled workers. These young women not only improve their lives but also transform the social fabric, help overcome prejudices about women’s education, and offer new perspectives for the future.Classes are held in the afternoons, with an intensive study program so that students can support their families or work to support themselves in the mornings. The University offers three programs: Business Administration and Management, Education with a specialization in English and English Literature and Commerce, Religious Education and Citizenship.The annual tuition fee is $120, but the Sacred Heart Missionaries offer financial assistance to students who cannot afford it.The campus is accessible to all: the facilities have been designed to be accessible, including wheelchair-accessible restrooms. The only requirements for studying here is determination and passion.The Missionaries of the Sacred Heart work with dedication to make a tangible difference in people’s lives so that they can build a more solid and dignified future for themselves and their country. (Agenzia Fides, 29/3/2025)
    Ceduta da Javier Trapero, Direttore Comunicazione MSC

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    MIL OSI Europe News –

    March 30, 2025
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