NewzIntel.com

Category: Commerce

  • MIL-OSI Asia-Pac: BFAC appreciates Intellectual Property Department’s contribution to development of Hong Kong into regional intellectual property trading centre

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Business Facilitation Advisory Committee Secretariat:

         The Business Facilitation Advisory Committee held its 55th meeting today (October 15). At the meeting, members were briefed by the Intellectual Property Department (IPD) on various policy measures implemented by the Government to develop Hong Kong into a regional intellectual property (IP) trading centre, and the progress to date.

         The Government has been implementing a series of short-, medium- and long-term measures from three aspects, including strengthening the protection of IP rights, building capacity, and promoting widely, to promote the development of Hong Kong into a regional IP trading centre, thereby expanding Hong Kong’s competitive advantages in developing IP trading in the region. Key measures include, among others, implementing the “patent box” tax incentive and exploring further enhancement of the Copyright Ordinance (Cap. 528) regarding protection for development of artificial intelligence (AI) technology.

         The Inland Revenue (Amendment) (Tax Concessions for Intellectual Property Income) Ordinance 2024 was enacted in July 2024 to implement a “patent box” tax incentive in Hong Kong. The tax rate for qualifying profits derived from eligible IP (in particular patents) created through research and development activities is set at 5 per cent which is substantially lower than the prevailing normal profits tax rate of Hong Kong (i.e. 16.5 per cent). In addition, in view of the copyright issues arising from the rapid development of AI technology, the IPD, having launched its two-month public consultation (closed on September 8 this year), is considering stakeholders’ submissions in exploring further enhancement of the Copyright Ordinance regarding protection for such technology development to ensure that the local copyright regime remains robust and competitive.
     
         The Committee appreciated the IPD’s ongoing efforts in taking forward a series of policy measures to enable Hong Kong to seize the opportunity brought by IP trading and sustain its competitiveness, thereby ensuring the continuous high-quality development of the economy.
        
         The Committee also received the work reports of its three task forces:
     
    Wholesale and Retail Task Force (WRTF)
    ———————————————
     

    Hong Kong Customs briefed the WRTF on the scope of registration for dealers in precious metals and stones (DPMS) and the DPMS Registration System (DRS). Any person who is seeking to carry on a business of dealing in precious metals and stones in Hong Kong and engage in any transaction(s) with a total value at or above HK$120,000 in Hong Kong is required to register with the Commissioner of Customs and Excise. To advocate the Government’s vision to develop Hong Kong into a smart city, Hong Kong Customs has rolled out the DRS to support the submission of registration applications and progress checking by the trade at their convenience. The DRS adopts the dynamic QR code authentication technology to enable the industry and consumers to instantly validate the registration of dealers. The WRTF thanked Hong Kong Customs for the briefing and welcomed the e-service introduced by Hong Kong Customs for the registration for DPMS.

    The Hong Kong Productivity Council (HKPC) briefed the WRTF on the Government Funding Scheme Management Centre (GFSMC) and the Biz Expands Easy (BEE) Platform. Since 2022, the GFSMC introduced the BEE 3-in-1 platform, which provides Hong Kong corporations with integrated information for 28 funding schemes. Registered users can log in to the platform to view and manage applications for multiple funding schemes under HKPC secretariat support. Furthermore, the GFSMC inaugurated the Biz Expands Easy Square in January 2024 to further enhance the accessibility of funding resources for Hong Kong corporations and start-ups, and also foster a network for applicants to share their successful experiences. The WRTF welcomed the BEE Platform, and considered the BEE Platform would enable users to further understand designated funding schemes and explore suitable funding schemes.

     
    Food Business and Related Services Task Force (FRSTF)
     

    The Food and Environmental Hygiene Department (FEHD) briefed and consulted the FRSTF on whether there is a need to retain composite food shop licences and extend the validity period of a full food business licence, in response to the views of the Legislative Council (LegCo)’s Public Accounts Committee. The FRSTF suggested that the FEHD retain the composite food shop licence with better promotion to the trades on the licence type. For the extension of the validity period of full licences, as trades would not have flexibility to choose a shorter licensing period and the annual compliance of fire safety requirements remains at the status quo, the FRSTF considered that the extension of the validity period of full licences may not facilitate the trades’ operations and there is no need for its implementation.

    The FEHD also briefed and consulted the FRSTF on enhanced measures against illegal operations of food businesses in response to the views of the LegCo’s Public Accounts Committee. To suppress the industry’s practice of operating food businesses before obtaining a provisional licence/full licence, in addition to taking enforcement actions, the FEHD suggested suspending the processing of licence applications and debarring the same applicant and his/her partners from applying for the same type of licence for the same premises for 12 months upon conviction of a relevant offence by the court. The FRSTF opined that the proposed administrative measures are too harsh and may undermine the catering business. The FRSTF suggested that the FEHD assist the trades to obtain a provisional licence more efficiently to address the issue of illegal operations.

     
    Task Force on Business Liaison Groups (BLGTF)
     

    The Inland Revenue Department (IRD) briefed the BLGTF on the initiative of the electronic filing (e-filing) of profits tax returns, including the need to take forward the mandatory e-filing, the benefits of e-filing, the enhanced e-filing services, the IRD’s support measures to taxpayers, and the timeline of the phased implementation of mandatory e-filing. The BLGTF welcomed the above initiatives and invited the IRD to brief and consult more small and medium-sized enterprises (SMEs) on the initiative. The IRD undertook to keep up the ongoing work of soliciting suggestions and opinions from SMEs through different channels.

     
         The Committee also expressed appreciation of the commitment and achievements of the bureaux and departments in continuously implementing business facilitation measures under the Be the Smart Regulator Programme to enhance their business licensing services.
           
         Papers for the Committee meeting are available at www.gov.hk/en/business/supportenterprises/bf/advisory/index.htm for public access.

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Briefing – Confirmation hearings of the Commissioners-designate: Jessika Roswall – Environment, Water Resilience and a Competitive Circular Economy – 15-10-2024

    Source: European Parliament

    Jessika Roswall is a politician from the Moderate Party in Sweden, affiliated to the European People’s Party (EPP). Prior to her nomination for the post of Commissioner, Roswall was Sweden’s minister for European affairs, from October 2022 to September 2024. Between 2010 and 2022, she served as a member of the Swedish Parliament, holding the position of second vice-president of its EU affairs committee from 2019 to 2022. Roswall was also a member of the ‘transparency councils’ of the Swedish Consumer Agency (2015-2018), the County Administrative Board of Uppsala (2016-2022), and the Authority for Work Environment Expertise (2018-2019). Born in 1972 in the county of Uppsala, Jessika Roswall holds a law degree from Uppsala University. After graduating in 2002, she worked as a lawyer for the law firm Wigert & Placht, from 2002 to 2010.

    MIL OSI Europe News –

  • MIL-OSI: HighPeak Energy, Inc. Announces 2024 Third Quarter Earnings Release and Conference Call Dates

    Source: GlobeNewswire (MIL-OSI)

    FORT WORTH, Texas, Oct. 15, 2024 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (NASDAQ: HPK) (“HighPeak Energy”), today announced that it plans to release its 2024 third quarter financial and operating results after the close of trading on Monday, November 4, 2024.

    HighPeak Energy will host a conference call and webcast on Tuesday, November 5, 2024 at 10:00 a.m. Central Time for investors and analysts to discuss its 2024 third quarter financial results and operational highlights. Participants may register for the call here. Access to the live audio-only webcast and replay of the earnings release conference call may be found here. A live broadcast of the earnings conference call will also be available on HighPeak Energy’s website at http://www.highpeakenergy.com under the “Investors” section of the website.

    About HighPeak Energy, Inc.

    HighPeak Energy is a publicly traded independent oil and natural gas company, headquartered in Fort Worth, Texas, focused on the acquisition, development, exploration and exploitation of oil and natural gas reserves in the Midland Basin in West Texas. For more information, please visit our website at http://www.highpeakenergy.com.

    Investor Contact:
    Ryan Hightower
    Vice President, Business Development
    817.850.9204
    rhightower@highpeakenergy.com

    Source: HighPeak Energy, Inc.

    The MIL Network –

  • MIL-OSI USA: DCCA NEWS RELEASE: Public Input Sought for Hawaiʻi Gas Rate Increase

    Source: US State of Hawaii

    DCCA NEWS RELEASE: Public Input Sought for Hawaiʻi Gas Rate Increase

    Posted on Oct 14, 2024 in Latest Department News, Newsroom

     

    DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS

    KA ʻOIHANA PILI KĀLEPA

    DIVISION OF CONSUMER ADVOCACY

    JOSH GREEN, M.D.
    GOVERNOR | KE KIAʻĀINA

    NADINE Y. ANDO
     DIRECTOR | KA LUNA HOʻOKELE

    MICHAEL ANGELO
     EXECUTIVE DIRECTOR

    FOR IMMEDIATE RELEASE
    October 14, 2024

    Public Input Sought for Hawaiʻi Gas Rate Increase

    HONOLULU – Hawaiʻi Gas, the state’s regulated gas utility, has filed a request with the Hawaiʻi Public Utilities Commission (PUC) for a proposed rate adjustment, which may affect monthly bills for residents and businesses across the state. The utility is seeking a total revenue increase of approximately 17.67%, though the actual impact on individual bills will vary based on factors such as gas usage, customer classification (residential or commercial) and the island of residence.

    To gather public input, the PUC will conduct a series of hearings where consumers and stakeholders can express their opinions and ask questions regarding the proposed rate changes. Those unable to attend are encouraged to submit written comments to the PUC.

    Hawaiʻi Gas cites rising operational costs, compliance with regulatory requirements and ongoing infrastructure investments as reasons for the increase. While the Division of Consumer Advocacy (DCA) acknowledges these challenges, its role is to evaluate the proposed rates and work to minimize the potential financial burden on consumers. Public feedback is critical in helping the PUC and DCA understand the broader impact of the proposed adjustments, particularly for individuals and families already facing economic difficulties.

    “Attending the public hearings or submitting your comments ensures your voice is heard and your concerns are considered. Together, we can ensure that the final decision reflects the needs and interests of everyone across the state,” noted Executive Director of the Division of Consumer Advocacy, Michael Angelo.

    How to Participate:

    • Attend a Virtual or In-Person Meeting:
      • See below for public hearing schedule.
    • Submit Public Comments:
      • In-Person Comments: Individuals wishing to provide oral testimony should register at the time of the hearing. Submitting written comments in addition to oral testimony is encouraged.
      • Written Comments: All written comments should reference Docket No. 2024-0158 and include the author’s name and the entity or organization that the author represents, if any. Submit written public comments via the following methods:
    • Learn More:
      • View Hawaiʻi Gas proposed rate changes by island here and here.
      • Visit the PUC website here.

    Schedule for Remaining Public Hearings:

    More details on the proposed rate changes can be found online here.

    ###

    Media Contact:

    William Nhieu

    Communications Officer
    Department of Commerce and Consumer Affairs
    Email: [email protected]

    Phone: 808-586-7582

    MIL OSI USA News –

  • MIL-OSI USA: Governor Newsom signs legislation to prevent gas price spikes and save Californians money

    Source: US State of California 2

    Oct 14, 2024

    What you need to know: New measure will help prevent price spikes that cost Californians upwards of $2 billion last year, giving the state more tools to require that petroleum refiners backfill supplies and plan ahead for maintenance.

    SACRAMENTO – Today, surrounded by legislators and community leaders in the rotunda of the California State Capitol, Governor Gavin Newsom signed legislation to help prevent gas price spikes and save consumers money at the pump.

    The legislation — ABX2-1 authored by Assemblymembers Gregg Hart and Cecilia Aguiar-Curry and Senator Nancy Skinner — allows the state to require oil refiners to maintain a minimum inventory of fuel to avoid supply shortages that create higher gasoline prices for consumers and higher profits for the industry. It also authorizes the California Energy Commission to require refiners to plan for resupply during refiner maintenance outages. A signing message can be found here.

    “Price spikes have cost Californians billions of dollars over the years, and we’re not waiting around for the industry to do the right thing — we’re taking action to prevent these price spikes and save consumers money at the pump. Now, the state has the tools to make sure they backfill supplies and plan ahead for maintenance so there aren’t shortages that drive up prices. I’m grateful to our partners in the Senate and Assembly for acting quickly to push this forward and help deliver relief for Californians.”

    Governor Gavin Newsom

    “With this new law, big oil companies are now responsible for stabilizing prices at the pump. It’s a critical accomplishment, but our work is not done. I will continue to fight to lower the cost of living, because housing, groceries and everyday necessities must be more affordable for all Californians.” — Assembly Speaker Robert Rivas (D-Salinas)

    “Today, we’re coming together to provide needed relief at the pump and help keep hard-earned dollars in the pockets of Californians. I’m grateful to Governor Newsom, Speaker Rivas, and members of the Senate and Assembly for taking swift action on this critical issue. That said, our work isn’t stopping. We’re going to continue to grind away to help lower the cost of living for folks in every corner of the Golden State. It’s a necessity.” — Senate President pro Tempore Mike McGuire (D-North Coast)

    Why it’s needed

    Price spikes at the pump are profit spikes for oil companies, and they’re overwhelmingly caused by refiners not backfilling supplies when they go down for maintenance. If this proposal had been in effect last year, Californians could have saved hundreds of millions — if not billions — of dollars at the pump according to analysis from the  Division of Petroleum Market Oversight (DPMO):

    Experts have come out in support of this measure, including Stanford economists who praised the proposal for being “an economically sound policy that addresses an important problem in a well-targeted way” and the “additional supply would free up refinery capacity to serve Nevada and Arizona, also reducing prices in these markets.”

    Supporters of the bill include mayors, local leaders, consumer organizations, environmental advocates, labor, business leaders and consumer groups. Last month, the Governor and supporters met and discussed how gasoline price spikes affect millions of Californians’ everyday lives, and shared why this plan will help California families.

    How we got here

    The Governor convened a special session to focus on saving Californians money at the pump. The proposal authorizes the California Energy Commission (CEC) to require petroleum refiners to maintain a minimum inventory of refined fuel throughout the distribution chain to avoid supply shortages that create higher prices at the pump for consumers. It also authorizes the CEC to require refiners to plan for resupply during scheduled refiner maintenance. The text of the proclamation calling for a special session is available here.

    Following gasoline price spikes in 2022, Governor Newsom called for a special session and worked in partnership with the Legislature to sign into law a package of reforms holding Big Oil accountable. 

    California’s new watchdog found that higher gasoline prices were caused by a suspicious market transaction, refinery maintenance without properly preparing for it, and more. 

    In January of this year, the watchdog sent Governor Newsom and the legislature a letter outlining specific proposals to reform California’s gasoline spot market, which included a minimum inventory requirement to prevent price spikes due to lack of stable supply.

    The state’s gasoline price watchdog also found that, in 2023, gasoline prices spiked largely due to refineries going offline without adequately planning to backfill supplies, which caused refining margins to spike as spot and retail prices jumped — indicating that refinery margins made up the largest proportion of the price spikes between July and September 2023.

    Convening experts, community leaders, and consumer advocates

    The Governor today also announced his appointments to the Independent Consumer Fuels Advisory Committee:

    Martha Dina Arguello, of Los Angeles, has been appointed to the Independent Consumer Fuels Advisory Committee. Arguello has been Executive Director at Physicians for Social Responsibility – Los Angeles since 2007. She was Director of Health and Environmental Programs at Physicians for Social Responsibility – Los Angeles from 1999 to 2007. Arguello is Co-Founder and Co-Chair of Standing Together Against Neighborhood Drilling and Californians for a Health and Green Economy. She is a member of the California Air Resources Board AB 32 Environmental Justice Advisory Committee and the Steering Committee of Californians for Pesticide Reform. This position does not require Senate confirmation and the compensation is $100 per diem. Arguello is a Democrat. 

    Michael Jorgenson, of Mill Valley, has been appointed to the Independent Consumer Fuels Advisory Committee. Jorgenson has served as Supervisory Deputy Attorney General at the California Department of Justice, Office of the Attorney General since 2018. He was Deputy County Counsel IV at the Marin County Counsel’s Office from 2017 to 2018. Jorgenson served in several roles at the California Department of Justice, Office of the Attorney General from 2003 to 2017, including Deputy Attorney General in the Public Rights Division, Supervising Deputy Attorney General in the Civil Division and Deputy Attorney General in the Civil Division. He was an Associate at Berman Tabacco from 2001 to 2003 and at Kelly Gill Sherburne & Herrera from 1999 to 2001. He earned a Juris Doctor degree from the University of San Francisco School of Law and a Bachelor of Arts degree in Economics and History from University of Michigan. This position does not require Senate confirmation and the compensation is $100 per diem. Jorgenson is a Democrat. 

    Neale Mahoney, of Stanford, has been appointed to the Independent Consumer Fuels Advisory Committee. Mahoney has been a Professor of Economics at Stanford University since 2020. He was a Special Policy Advisor for Economic Policy at The White House from 2022 to 2023. Mahoney was a Professor of Economics at the University of Chicago from 2013 to 2020. He earned a Doctor of Philosophy degree in Economics from Stanford University and a Bachelor of Science degree in Applied Mathematics and Economics from Brown University. This position does not require Senate confirmation and the compensation is $100 per diem. Mahoney is a Democrat. 

    Deborah “Debbie” Meeks, of Walnut Creek, has been appointed to the Independent Consumer Fuels Advisory Committee. Meeks has been Manager of United States West Coast Policy and Business Coordinator at Shell USA since 2021. She was a Manager of Alliances and Portfolios at Shell US Retail from 2017 to 2021. Meeks was Americas and Mexico Regional Manager, Principal Account Executive, and Senior Account Manager at Shell Catalysts and Technologies from 1995 to 2017. She earned a Bachelor of Science degree in Chemical Engineering from California State University, Long Beach. This position does not require Senate confirmation and the compensation is $100 per diem. Meeks is a Democrat. 

    Norman Rogers, of Santa Ana, has been appointed to the Independent Consumer Fuels Advisory Committee. Rogers has been Second Vice-President at United Steelworkers Local 675 since 2021, and a Plant Operator in Oil Movements at Marathon Petroleum Corporation since 2018. He was a Plant Operator for Oil Movements at Tesoro Refinery from 2013 to 2018. Rogers was a member of the Fire Brigade at the Carson Refinery from 2001 to 2021. He was Plant Operator for Oil Movements at BP from 2001 to 2013, and at Arco Refinery from 1999 to 2001. This position does not require Senate confirmation and the compensation is $100 per diem. Rogers is registered without party preference.

    Astrid Zuniga, of Modesto, has been appointed to the Independent Consumer Fuels Advisory Committee. Zuniga has been President at United Domestic Workers/AFSCME 3930 since 2024 and was Vice President from 2016 to 2024. She has been Executive Secretary/Treasurer at the Stanislaus and Tuolumne Central Labor Council since 2013, and an In-Home Support Services Caregiver since 1998. Zuniga is a member of the California Democratic Party Executive Board and the Women’s Advisory Committee for AFSCME International. This position does not require Senate confirmation and the compensation is $100 per diem. Zuniga is a Democrat. 

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  • MIL-OSI USA: Governor Newsom announces appointments 10.14.24

    Source: US State of California 2

    Oct 14, 2024

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    Joe Shea, of Los Angeles, has been appointed Assistant Secretary for Salton Sea Policy at the California Natural Resources Agency. Shea has served in several positions at the Office of Governor Gavin Newsom since 2019, including Deputy Cabinet Secretary since 2022, Assistant Cabinet Deputy, and Special Assistant to the Governor. He was a Special Consultant for the California Governor-elect Gavin Newsom Transition from 2018 to 2019. From 2017 to 2018, Shea held multiple positions with Newsom for California Governor 2018, including Southern California Field Director and Northern California Organizer. He earned a Bachelor of Arts degree in Public Policy from the University of Michigan. This position does not require Senate confirmation and the compensation is $168,000. Shea is a Democrat.

    Allegra Curiel, of Sacramento, has been appointed Deputy Director of Legislative Affairs at the California Department of Resources, Recycling, and Recovery (CalRecycle.) Curiel has been a Senior Policy Advocate at the California Council for Environmental and Economic Balance since 2023. She was a Policy Manager at Newlight Technologies Inc. from 2021 to 2023. Curiel held multiple positions at CalRecycle from 2017 to 2021, including Legislative Analyst from 2018 to 2021, Disaster Recovery Operations Analyst in 2018 and Executive Fellow with the Capital Fellows Program from 2017 to 2018. She earned a Bachelor of Arts degree in Political, Legal, and Economic Analysis from Mills College at Northeastern University. This position does not require Senate confirmation and the compensation is $135,036. Curiel is a Democrat.  

    Marybel Batjer, of Sacramento, has been appointed to the California Wildfire Safety Advisory Board. Batjer has been a Partner at California Strategies since 2021. She was President of the California Public Utilities Commission from 2019 to 2021. Batjer was Secretary of the California Government Operations Agency from 2013 to 2019. She was Vice President of Public Policy and Corporate Social Responsibility at Caesars Entertainment Inc. from 2005 to 2013. Batjer was Cabinet Secretary in the Office of Governor Arnold Schwarzenegger from 2003 to 2004. She was Chief of Staff in the Office of Nevada Governor Kenny Guinn from 2000 to 2003. Batjer was Executive-in-Residence of Hotel Management and Casino Operations at the Mirage from 1998 to 2000. She was Undersecretary at the California Business, Transportation and Housing Agency from 1997 to 1998. Batjer was Chief Deputy Director at the California Department of Fair Employment and Housing from 1992 to 1997. She was a Special Assistant to the U.S. Secretary of the Navy from 1989 to 1993. Batjer was a National Security Affairs Special Assistant to President Ronald Regan from 1987 to 1989. She earned a Bachelor of Arts degree in Administration and Legal Processes from Mills College at Northeastern University. This position does not require Senate confirmation and there is no compensation. Batjer is a Democrat. 

    John Laird, of Santa Cruz, has been appointed to the Pacific States Marine Fisheries Commission. Laird has served as a California State Senator representing Senate District 17 since 2020. He served as Secretary of the California Natural Resources Agency from 2011 to 2019. Laird was a member of the California Integrated Waste Management Board from 2009 to 2010. He served as a California State Assemblymember representing Assembly District 27 from 2002 to 2008. Laird was Executive Director at the Santa Cruz AIDS Project from 1991 to 1993. He was a Budget Analyst for the County of Santa Cruz from 1974 to 2002. Laird was a Legislative Aide in the Office of Congressman Jerome Waldie from 1972 to 1974. He is a member of the California Democratic Party. Laird earned a Bachelor of Arts degree in Politics from the University of California, Santa Cruz. This position requires Senate confirmation and there is no compensation. Laird is a Democrat. 

    Recent news

    Oct 14, 2024

    News What you need to know: New measure will help prevent price spikes that cost Californians upwards of $2 billion last year, giving the state more tools to require that petroleum refiners backfill supplies and plan ahead for maintenance. SACRAMENTO – Today,…

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  • MIL-OSI Asia-Pac: PRESIDENT OF INDIA IN Algeria; HOLDS BILATERAL MEETING WITH PRESIDENT of Algeria and leads delegation level-talks

    Source: Government of India

    PRESIDENT OF INDIA IN Algeria; HOLDS BILATERAL MEETING WITH PRESIDENT of Algeria and leads delegation level-talks

    PRESIDENT MURMU ADDRESSES INDIAN COMMUNITY IN Algeria

    the Indian community in Algeria IS a bridge taking forward India’s interests and soft power: PRESIDENT MURMU

    graces Algerian-Indian Economic Forum; SAys India-Algeria economic ties have not been able TO TAP THE POTENTIAL FULLY

    Posted On: 14 OCT 2024 11:00PM by PIB Delhi

     The President of India, Smt Droupadi Murmu, reached Algiers, Algeria, yesterday evening (October 13, 2024), on the first leg of her State Visits to Algeria, Mauritania, and Malawi. As a special gesture, President Abdelmadjid Tebboune of Algeria received President Droupadi Murmu at the Airport and accorded her a ceremonial welcome.

     This is the first visit by an Indian President to Algeria.

     The President is accompanied by Minister of State, Shri Sukanata Majumdar, and Members of Parliament, Shri Mukeshkumar Dalal and Shri Atul Garg on this State visit.

     Yesterday evening, the President addressed the members of the Indian Community at Algiers, at a Reception hosted by the Ambassador of India to Algeria.

     Addressing the enthusiastic gathering of Indian community members who had travelled to Algiers for the occasion from all parts of Algeria, the President praised their contribution to Algeria’s economy. She said that the Government of India and the Indian society have always valued and appreciated the contribution of the Indian community in enhancing India’s position, prestige, and standing abroad. The Indian community in Algeria is a bridge taking forward India’s interests and soft power. She expressed confidence that they would continue to make India proud with their accomplishments and work for the betterment of India-Algeria relations.

     In her first engagement this morning (October 14, 2024), the President laid a wreath at the Maqam Echahid Memorial in Algiers and paid tribute to the soldiers who laid down lives in the Algerian War of Independence. She also visited the National Museum of the Moudjahid, commemorating Algeria’s struggle for liberation.

     Subsequently, the President visited the El Mouradia Palace where she held a meeting with H.E. Mr Abdelmadjid Tebboune, the President of the People’s Democratic Republic of Algeria. The two leaders discussed ways to take India-Algeria relations to a higher level, with a special focus on trade and investment. President Murmu re-affirmed India’s continued support of Algeria and India’s commitment to Africa. Both Presidents led the delegation-level talks and issued statements before the press.

     In the next engagement, the President addressed the Algerian-Indian Economic Forum, jointly organised by the Algerian Economic Renewal Council and the Federation of Indian Chambers of Commerce and Industry (FICCI).

     Speaking on the occasion, the President said that the stepping up of the India-Algeria relations is based on our shared values, common challenges, and mutual trust.

    The President said that Algeria’s rapid growth and expanding economy offer many opportunities in a variety of sectors. She urged Indian companies to remain engaged and invested in the opportunities that the Algerian economy offers.

    The President was happy to note that the overall trade between India and Algeria stands at 1.7 billion US dollars. However, the economic ties have not been able to tap the potential fully. She emphasised the need to reinforce our ongoing cooperation in energy, construction, automobiles, fertilizers, and pharmaceuticals, and identify new trade and investment initiatives for a brighter future.

     The President said that India has achieved many accomplishments in areas such as science and technology, IT, fin-tech, pharma, space, start-ups, and renewables. She said that India would be happy to share its experiences in these areas with our Algerian partners. The President said that reforms in India made it easy for businesses to establish and grow. She invited Algerian companies to join India’s ‘Make in India’ and ‘Make for the World’ initiatives.

    Click here to see the Press Statement during her visit to Algeria

    Click here to see the President’s speech

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Central Consumer Protection Authority Issues Guidelines for ‘Prevention and Regulation of Greenwashing and Misleading Environmental Claims’

    Source: Government of India (2)

    Central Consumer Protection Authority Issues Guidelines for ‘Prevention and Regulation of Greenwashing and Misleading Environmental Claims’

    Guidelines prohibits companies from engaging in Misleading Environmental Claims and Greenwashing

    Posted On: 15 OCT 2024 3:00PM by PIB Delhi

    In exercise of the mandate to regulate matters relating to misleading advertisements which is prejudicial to the interest of public and consumers, Central Consumer Protection Authority (CCPA) has issued guidelines for Prevention and Regulation of Greenwashing and Misleading Environmental Claims to address the issue of greenwashing and misleading environmental claims, informed Smt. Nidhi Khare, Secretary Department of Consumer Affairs, Government of India, who is also Chief Commissioner of the Authority, here today.

    These Guidelines seek to foster truthful practices where environmental claims are both truthful and meaningful, thus enhancing consumer trust and encouraging sustainable business practices.

    A committee chaired by Smt. Khare, Chief Commissioner CCPA was constituted on greenwashing. Amongst the members from Academia (Professor Dr.Sushila, NLU, Delhi and Prof Ashok R. Patil, Vice Chancellor, NLU Ranchi); Practitioners (Nishith Desai Associates), Activists/Organizations (Shirish Deshpande, Mumbai Grahak Panchayat and S.Saroja, Consumer Voice) and representatives from ASCI, FICCI, Assocham, and CII formed the wide spectrum of stakeholders. After adequate deliberations the committee submitted its recommendations. Based on the recommendations of the committee the Department placed the Draft Guidelines for Greenwashing for public comments on 20th February 2024. Public suggestions were received from 27 various stakeholders. The notable suggestions include:

    • Specific environmental claims must be supported by disclosure about credible certification, reliable scientific evidence.
    • Words such as sustainable, natural, organic, regenerative and similar assertions shall not be used without adequate, accurate and accessible qualifier.
    • Adequate disclosures on claims are essential for environmental claims such as ‘natural’;’organic’;’pure’.

    The Central Consumer Protection Authority (CCPA) after considerations of the suggestions unveiled the guidelines titled “Guidelines for Prevention and Regulation of Greenwashing or Misleading Environmental Claims, 2024” to prevent greenwashing and misleading environmental claims, ensuring transparency and accuracy in advertisements related to environmental sustainability.

    The guidelines are drafted in the wake of the rapid increase of advertisement of green (environmental friendly) products and the growing number of environmentally aware consumers. “Greenwashing” is a term that plays on the word ‘whitewashing’ and refers to the marketing tactic where companies falsely claim or exaggerate the environmental benefits of their products or services, often using vague or unsubstantiated terms such as “natural,” “eco-friendly,” or “green.” Therefore, by creating an illusion of environmental responsibility, many unscrupulous companies end up exploiting consumers’ growing environmental sensitivity. This deceptive practice not only misleads well-intentioned consumers but also diverts attention from broader environmental efforts. These guidelines are progressive regulations intended to harmonise the proactive efforts of manufacturers and service providers to address environmental issues and rising consumer interest in environmentally positive goods and services.

    These guidelines are designed not to stifle companies’ environmental efforts of manufactures and service providers but to ensure that such claims are transparentand made with integrity. Companies are encouraged to highlight their environmental initiatives, provided these claims are backed with proper disclosures and credible evidence. The primary goal of these guidelines is to shield consumers from misleading information while promoting genuine environmental responsibility within the business community. By mandating that companies substantiate their environmental assertions, the guidelines seek to foster a marketplace where environmental claims are both truthful and meaningful, thus enhancing consumer trust and encouraging sustainable business practices.

    Few key Highlights of the guidelines:

    1. Definition of Environmental claims [section 2(e)]
    2. Definition of greenwashing [section 2(f)]
    3. Application of the guidelines [section 3]
    4. Clear guidelines on Prohibition against engaging in greenwashing or misleading environmental [section 4]
    5. Substantiation and adequate disclosure clauses [Section 5]

    Key Features of the Guidelines:

    1. Clear Definitions: The guidelines provide clear definitions of terms related to greenwashing and environmental claims, ensuring that both businesses and consumers have a common understanding.
    2. Transparency Requirements: Manufacturers and service providers are required to substantiate their environmental claims with credible evidence. This includes providing detailed information on the methodology and data used to support such claims.
    3. Prohibition of Misleading Terms: The use of vague or misleading terms such as “eco-friendly,” “green,” and “sustainable” without proper substantiation is sought to be prohibited.
    4. Third-Party Certifications: Third-Party Certificationsare also accepted in substantiation of environmental claims.
    5. Adequate Disclosures: The companies are required to provideclear and accessible disclosures of material information. Claims must specify the aspect refer to (good, manufacturing process, packaging, etc.) and be supported by credible certification or reliable scientific evidence.

    Central Consumer Protection Authority (CCPA) seeks to work closely with industry stakeholders, consumer organizations, and regulatory bodies to ensure effective implementation and compliance with the guidelines in the interest of consumers and public.

    (The guidelines are available on the Department of Consumer Affairs website Greenwashing_Guidelines.pdf (consumeraffairs.nic.in)

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  • MIL-OSI United Kingdom: Industrial Strategy launch to ‘hardwire stability for investors’

    Source: United Kingdom – Executive Government & Departments

    Government launches a modern Industrial Strategy and new Advisory Council ahead of International Investment Summit

    Industrial Strategy logo

    • The Business Secretary and Chancellor announce steps to deliver long-term growth through a modern Industrial Strategy, including appointing a Chair of the new Industrial Strategy Advisory Council 
    • The Industrial Strategy will create a pro-business environment and play to the UK’s strengths, focusing on eight growth driving sectors including creative industries and financial services  
    • Business Secretary Jonathan Reynolds pledges an end to instability “our modern Industrial Strategy will hardwire stability for investors and give industry the confidence to plan for the next 10 years and beyond” 
    • Clare Barclay, CEO of Microsoft UK, will chair government’s new Industrial Strategy Advisory Council, which will provide expert advice developed in partnership with business, unions, and stakeholders from across the UK 
    • Announcements come ahead of International Investment Summit which will bring together business leaders from around the globe to boost investment and growth 
    • Government is also asking for business to help shape the industrial strategy with a green paper to develop the plans in partnership 

    The next generation of British industry has been fired-up and readied to reignite our industrial heartlands and kickstart economic growth, as the Government launches the first Industrial Strategy in seven years. 

    Business and Trade Secretary Jonathan Reynolds and the Chancellor of the Exchequer Rachel Reeves have published a green paper to kickstart delivery of the Government’s modern Industrial Strategy. The strategy will drive long-term growth in key sectors that is sustainable, resilient and distributed across the country.   

    Announcing the eight growth sectors will be the focus of the Strategy, alongside naming the new Industrial Strategy Advisory Council’s chair, the Business Secretary has promised to ‘give investors a ten year plan to choose Britain’.  

    The key sectors the government will focus its modern Industrial Strategy are on advanced manufacturing; clean energy industries, creative industries; defence; digital and technologies; financial services; life sciences; and professional and business services. 

    The green paper, which will be published on the day of the International Investment Summit, will bring together UK leaders, high-profile investors and businesses from across the world. There, Reynolds is expected to tell delegates the Industrial Strategy will put Britain back on the global stage and help attract investment into the most productive parts of the UK economy.  

    Business and Trade Secretary Jonathan Reynolds MP said: 

    Our modern Industrial Strategy will hardwire stability for investors and give them the confidence to plan not just for the next year, but for the next 10 years and beyond.  

    This is the next step in our pro worker, pro business plan which will see investors and workers alike get the security and stability they need to succeed. 

    Clare’s wealth of talent and experience will help ensure the Industrial Strategy delivers its mission of unleashing the potential of high productivity sectors to spur growth, spread wealth, and drive-up employment across the UK.

    Chancellor of the Exchequer Rachel Reeves MP said:  

    I have never been more optimistic about our country’s potential. We have some of the brightest minds and greatest businesses in the world. From the creative industries and life sciences to advanced manufacturing and financial services. 

    This Government is determined to deliver on Britain’s potential so we can rebuild Britain and make every part of the country better off.

    Clare Barclay, CEO of Microsoft UK, will chair the Industrial Strategy Advisory Council. The Council will inform the development of the Industrial Strategy through its expertise and latest evidence, working with business, trade unions, devolved governments, local leaders, academia and stakeholders.  

    In the King’s speech the Government committed to putting the Council on a statutory footing – giving it powers and responsibilities and ensuring it will be permanent and independent.  

    Ahead of establishing a statutory body, we are introducing an interim advisory Council. The first Council meeting and announcement of full membership is expected in the coming weeks.   

    Microsoft UK CEO Clare Barclay said: 

    As Chair of the Industrial Strategy Advisory Council, I will ensure the Council provides a clear and strong voice on behalf of business, nations, regions, and trade unions, as we invest for the future to ensure that our prosperity is underpinned by robust growth in key sectors right across the country. 

    Whilst we fully embrace the industries of today, we must also have a clear plan for future growth, and the Advisory Council will play a central role in shaping and delivering this plan.

    The government has also identified eight growth-driving sectors for the Industrial Strategy, focusing on sectors the UK excels in today and will excel tomorrow.  

    Over the last 25 years, the top 30% of sectors ranked by productivity in 1997 were responsible for generating roughly 60% of the economy’s entire productivity growth. That’s why our Industrial Strategy will channel support to sectors and geographical clusters that have the highest growth potential for the next decade. 

    Our strategy will create a pro-business environment to capture a greater share of internationally mobile investment in strategic sectors and motivate domestic business to boost their investment and scale up their growth. 

    Businesses up and down the country will also be invited to respond to the Industrial Strategy Green Paper, which will be published tomorrow.  

    The consultation will provide stakeholders with the opportunity to inform the Strategy’s continued development and ensure it delivers tangible impact to people and communities right across the UK.  

    Views are sought from business, international investors, unions and any other interested parties, on the overall vision, approach to growth sectors and the policy levers needed to drive investment.   

    Make UK CEO Stephen Phipson said: 

    We live in a world which is massively different to a decade ago and simply leaving the economy and, industrial strategy, to the free market is an ideology which is long past its sell by date. This is a welcome first step in addressing the achilles heel of the economy which has left the UK an outlier among advanced countries. It sets out a clarity of vision for how the resources of Government and, in particular, each department can be convened towards a single objective of long term growth across all regions.  

    With the welcome announcement of the Industrial Strategy Advisory Council Chair and, the Council being put on a statutory footing, industry will no longer fear the constant chop and change in policy we have seen over the last decade or so and can focus on the long term – it is important that the Government is delivering on its promises.

    WPP CEO Mark Read said: 

    WPP supports the Government’s objective to create and foster an investment environment that drives long-term growth. As a global marketing services company, we believe that the UK’s world-leading creative industries, powered by new technologies like AI and exceptional talent, can continue to play a key role in further advancing the UK’s investment case on the global stage.

    Airbus UK Chairman John Harrison said: 

    Airbus welcomes the inclusion of advanced manufacturing in the Government’s Industrial Strategy as a vital opportunity to build on the successful partnership between government and the aerospace sector.  

    As one of the most technologically advanced businesses in the UK, we also welcome the strong focus on innovation, which is crucial to driving future growth and maintaining the UK’s global competitiveness in aerospace and defence.

    For businesses to invest and thrive they need confidence in their supply chains. So, we are also establishing a new supply chains taskforce in government that will work to assess where supply chains critical to the UK’s economic security and resilience – including those in the growth driving sectors outlined in the industrial strategy – could be vulnerable to disruption. The taskforce will ensure that government works with business to address these risks, building the conditions required to deliver secure growth. 

    We want the UK to be a prime investment opportunity for business. The Industrial Strategy, and the Industrial Strategy Advisory Council, will be key to giving investors the solid foundation on which to build. 

    Notes to Editors:  

    • More information on sectors and productivity can be found here: https://www.ons.gov.uk/economy/economicoutputandproductivity/productivitymeasures/datasets/outputperhourworkeduk 

    • The Green Paper will be published tomorrow [Monday 14 October] at 9:30am. Businesses will have until 24 November to respond.  

    • Clare Barclay biography: Clare is Chief Executive Officer of Microsoft UK. She leads the strategy and delivery of Microsoft’s business in the UK, focused on helping organisations accelerate technology-driven growth. She is a thought leader and regular keynote speaker on how technology and AI presents a transformational opportunity to fuel UK economic growth. Clare engages at board level across industry sectors on how best to capitalise on the opportunity in harnessing the potential of AI. With nearly three decades in the technology industry, Clare has held a range of senior leadership roles with experience across all aspects of the business including partnerships to unlock opportunity across industries and empowering small and medium businesses, the beating heart of the UK economy, to prosper. In her prior role as Chief Operating Officer, she was also responsible for driving significant transformational change for Microsoft and in helping reshape its culture. Clare is passionate about the UK as a talent hub and the potential for UK industry to lead on the world stage, leveraging the latest scientific and technological advances. She is also deeply committed to diversity and inclusion and in helping young people succeed. She lives in London with her husband and two sons.  

    • The Summit will be sponsored by Barclays, HSBC, Lloyds, M&G plc, Octopus Energy, and TSL.

    Updates to this page

    Published 13 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Economics: Chairman’s Statement of The 27th ASEAN Plus Three Summit

    Source: ASEAN

    The 27th ASEAN Plus Three (APT) Summit was held on 10 October 2024 in Vientiane. The Summit was chaired by H.E. Mr. Sonexay Siphandone, Prime Minister of the Lao People’s Democratic Republic, and attended by ASEAN Member States, the People’s Republic of China, Japan, and the Republic of Korea,
    as well as the Prime Minister of the Democratic Republic of Timor-Leste as Observer. The Secretary-General of ASEAN, the Director of ASEAN+3
    Macroeconomic Research Office (AMRO), the 2024 Chair of the East Asia Business Council (EABC), and the Secretary-General of the Trilateral Cooperation
    Secretariat (TCS) were also in attendance. Review and Future Direction of APT Cooperation
    We noted with satisfaction the progress in APT cooperation over the past years and discussed its future direction. We reaffirmed our commitment to further strengthening and deepening the APT process, which plays a key role and as a main vehicle in regional community-building efforts and in promoting peace, stability, and security in the East Asian region with ASEAN as the driving force. We also recognised the importance of the APT to ASEAN’s efforts towards realizing the ASEAN Community Vision 2025, the Master Plan on ASEAN Connectivity (MPAC) 2025, the Initiative for ASEAN Integration (IAI) Work Plan IV
    (2021 -2025), and deeper regional integration in East Asia.

    Download the full statement here.

    The post Chairman’s Statement of The 27th ASEAN Plus Three Summit appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI USA: Additional Disaster Recovery Center Now Open in Coffee County

    Source: US Federal Emergency Management Agency 2

    Additional Disaster Recovery Center Now Open in Coffee County

    ATLANTA — FEMA opened an additional Disaster Recovery Center in Coffee County to provide one-on-one help to Georgians affected by Hurricane Helene. The center is open Monday to Saturday from 8 a.m. to 7 p.m. and Sundays from 1 to 6 p.m. This center, as well as one in Lowndes County, will be open during regular hours on Columbus Day on Monday, Oct. 14. 

    Center location:

    Coffee County

    The Atrium

    114 N. Peterson Ave.

    Douglas, GA

    Additional center in Lowndes County: 

    Lowndes County: 

    4434 North Forrest Street Extension 

    Valdosta, GA 31605

    To find center locations in Georgia, visit FEMA’s Hurricane Helene Georgia Page, FEMA’s DRC Locator or text “DRC” and your Zip Code to 43362. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology. 

    Homeowners and renters in Appling, Atkinson, Bacon, Ben Hill, Berrien, Brantley, Brooks,  Bryan, Bulloch, Burke, Butts, Camden, Candler, Charlton, Chatham, Clinch, Coffee, Colquitt, Columbia, Cook, Dodge, Echols, Effingham, Elbert, Emanuel, Evans, Fulton, Glascock, Glynn, Hancock, Irwin, Jeff Davis, Jefferson, Jenkins, Johnson, Lanier, Laurens, Liberty, Lincoln, Long, Lowndes, McDuffie, Montgomery, Newton, Pierce, Rabun, Richmond, Screven, Tattnall, Telfair, Thomas, Tift, Toombs, Treutlen, Ware, Warren, Washington, Wayne and Wheeler counties can visit any open center to meet with representatives of FEMA, the State of Georgia and the U.S. Small Business Administration. No appointment is needed.

    If you are in an affected county, you are encouraged to apply for FEMA disaster assistance. The quickest way to apply is online at DisasterAssistance.gov. You can also apply using the FEMA App for mobile devices or calling toll-free 800-621-3362. The telephone line is open every day and help is available in most languages.

    Disaster Assistance Teams are also on the ground in affected counties going door-to-door to help survivors register for assistance.

    For the latest information about Georgia’s recovery, visit fema.gov/disaster/4830. Follow FEMA on X at x.com/femaregion4 or on Facebook at facebook.com/fema.

    minh.phan

    MIL OSI USA News –

  • MIL-OSI USA: Disaster Recovery Center Opens in Jackson County

    Source: US Federal Emergency Management Agency 2

    strong>RALEIGH, N.C. –  A Disaster Recovery Center is opening Sunday, Oct. 13 in Sylva (Jackson County) to assist North Carolina survivors who experienced loss from Helene. 

    The Jackson County DRC is located at:  
    Jackson County Annex Building  
    198 WBI Drive 
    Sylva, N.C. 28779 
    Open: 8 a.m. – 7 p.m., Monday through Sunday. 

    A Disaster Recovery Center (DRC) is a one-stop shop where survivors can meet face-to-face with FEMA representatives, apply for FEMA assistance, receive referrals to local assistance in their area, apply with the U.S. Small Business Administration (SBA) for low-interest disaster loans and much more.  

    FEMA financial assistance may include money for basic home repairs, personal property losses or other uninsured, disaster-related needs, such as childcare, transportation, medical needs, funeral or dental expenses. 

    Centers are already open in Asheville, Lenoir and Marion. To find those center locations go to fema.gov/drc or text “DRC” and a zip code to 43362. Additional recovery centers will be opening soon. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology.   

    Homeowners and renters in 27 North Carolina counties and tribal members of the Eastern Band of Cherokee Indians can visit any open center, including locations in other states. No appointment is needed.  

    It is not necessary to go to a center to apply for FEMA assistance. The fastest way to apply is online at DisasterAssistance.gov or via the FEMA app. You may also call 800-621-3362. If you use a relay service, such as video relay, captioned telephone or other service, give FEMA your number for that service. 

    For the latest information about North Carolina recovery, visit fema.gov/disaster/4827. Follow FEMA on X at x.com/femaregion4 or on Facebook at facebook.com/fema. 

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: PM GatiShakti National Master Plan completes 3 years of transforming India’s Infrastructure landscape

    Source: Government of India (2)

    PM GatiShakti National Master Plan completes 3 years of transforming India’s Infrastructure landscape

    PM GatiShakthi has reduced logistics cost and enabled better service delivery:Shri Piyush Goyal

    More than 44 central Ministries and 36 States and Union territories onboarded: Secretary DPIIT

    Posted On: 12 OCT 2024 3:57PM by PIB Delhi

    The PM GatiShakti National Master Plan (NMP) for muti-modal connectivity, launched by Hon’ble Prime Minister Shri Narendra Modi on 13th October 2021, completes three years today having achieved significant milestones in transforming the country’s infrastructure landscape.

    On this occasion, the Union Commerce and Industry Minister, Shri Piyush Goyal said, “PM GatiShakti has brought about a paradigm shift in how India plans and implements infrastructure projects. By integrating data from multiple Ministries and States, we have created a more efficient, transparent, and outcome-driven system. The impact is visible in faster project execution, lower logistics costs, and better services reaching every corner of the country.”

    According to Secretary DPIIT, Shri Amardeep Singh Bhatia, “PM GatiShakti NMP launched as the transformative approach 3 years ago by Hon’ble Prime Minister, has accelerated the infrastructure planning & development process leveraging geospatial technology and the Whole of the Government approach. During the last three years, more than 44 Central Ministries and 36 States/UTs have been onboarded, their data layers have been integrated and are provided with their own geospatial planning portal.”

    With its vision to bring synergy across Ministries/Departments, and States/UTs, the PM GatiShakti has successfully laid the groundwork for seamless, multi-modal connectivity and accelerated economic growth. The PM GatiShakti has redefined how India plans and executes large-scale infrastructure projects. By harnessing geospatial data from 44 Central Ministries and 36 States/UTs, the platform has significantly improved inter-ministerial coordination and streamlined project execution.

    Key Achievements:

    On boarding Whole of the Government on the Single platform

    PM GatiShakti has integrated 44 Central Ministries and 36 States/UTs with more than 1600 data layers, making it a crucial tool for planning and executing infrastructure projects. To date, over 200 big-ticket infrastructure projects have been evaluated by the Networking Planning Group (NPG) from the perspective of the principles of the PM GatiShakti viz. integrated planning & development of multimodal infrastructure, last-mile connectivity to economic and social nodes, intermodal connectivity, enhance logistics efficiency and synchronised implementation of projects.

    Social Sector Impact: Extending the PM GatiShakti to the Social Sector Ministries, the focus is on increasing the usage of the PM GatiShakti for social development, identifying social gaps (schools, hospitals, anganwadis) using, and developing applications and planning tools for capturing data. This has enabled better infrastructure planning in essential areas such as primary healthcare, education, postal services, and tribal development, ensuring that even remote and underserved areas are part of India’s infrastructure growth story.

    PM GatiShakti State Master Plans (SMPs): All 36 States/UTs have developed the PM GatiShakti State Master Plan (SMP) portals, aligned with the PM GatiShakti National Master Plan platform to synchronise infrastructure assets and enhance regional development. This unified approach has helped States streamline their capital investment for accelerating infrastructure development. Over 533 projects have been mapped by States/UTs on the PM GatiShakti portal.

    EXIM and Trade Facilitation: Aligned with the National Logistics Policy (NLP), the PM GatiShakti has been instrumental in addressing critical infrastructure gaps, reducing logistics costs, and improving India’s logistics performance. According to the World Bank’s ‘Logistics Performance Index Report (2023) India’s rank (38) has improved by six places from 44 in 2018.

    Regional Workshops and Stakeholder Engagement: Following the spirit of cooperative federalism, over the last three years, five regional workshops have been conducted, covering all 36 States/UTs to facilitate knowledge sharing, best practices, and project demonstration by Central and States Governments. These engagements have played a key role in strengthening local adoption and ownership of the GatiShakti framework.

    Driving Sustainable, Data-Driven Development: The PM GatiShakti’s data-driven approach is powered by GIS-based tools and a real-time monitoring system that enables faster and more informed decision-making. The platform ensures that projects are aligned with national priorities and completed on time, minimising delays and reducing cost overruns. This integration is key to meeting India’s Net Zero by 2070 commitments, as the platform promotes the use of green infrastructure and sustainable logistics solutions.

    Training and Capacity Building: As the PM GatiShakti is a new initiative with an advanced GIS platform, DPIIT has undertaken the task to train officials for build their capacities. The PM GatiShakti National Master Plan (PMGS NMP) has seen significant progress in capacity building through the institution of courses and workshops. A course on the PM GatiShakti, available on the iGoT platform, has already been completed by over 20,000 officials. Additionally, all Central Training Institutes (CTIs) have integrated a course module on the PM GatiShakti into their regular officers’ training curriculum. The resource persons and master trainers from DPIIT and BISAG-N conduct regular sessions on the PM GatiShakti across various CTIs and ATIs, including institutions like Lal Bahadur Shastri National Academy of Administration (LBSNAA), Sardar Vallabhbhai Patel National Police Academy (SVPNPA), and Sushma Swaraj Institute of Foreign Service (SSIFS). There have also been approximately 150 interactive training sessions on the PM GatiShakti with Ministries/Departments, and States/UTs, engaging over 1,000 officials.

    Extending PMGS to the Districts: As India moves forward, the PM GatiShakti is expected to continuously evolve to keep playing a pivotal role in expanding multi-modal infrastructure, developing Smart Cities, and enhancing the country’s industrial capabilities through Industrial Corridors and Mega Investment Regions. Building upon the vision of the PM GatiShakti National Master Plan and the significant usage demonstrated by Central Ministries/Departments as well as States/UTs, a PM GatiShakti District Master Plan (PMGS DMP) portal is being developed with technical support of BISAG-N (Bhaskaracharya National Institute for Space Applications and Geoinformatics) for collaborative planning at the District level by State/District authorities. The NMP platform’s emphasis on cross-sectoral cooperation and emerging technologies such as AI and IoT will further revolutionise infrastructure management and planning.

    Taking PMGS to international level and for promoting the use of  PM GatiShakti and Geospatial technology in the integrated planning of infrastructure, diplomatic engagements are underway with countries in the neighbourhood and other developing countries like Nepal, Bangladesh, Sri Lanka, Madagascar, Senegal and Gambia.

    The government is also considering providing access to non-government users for the data (non-sensitive and shareable) relevant to the planning of the infrastructure and developmental activities by the sector. Such access to the data shall be provided in the most secure manner.

    As India celebrates three years of the PM Gati Shakti, the initiative continues to fulfil its promise of creating a modern, interconnected infrastructure network that is key to India’s Atmanirbhar Bharat vision.

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    MIL OSI Asia Pacific News –

  • MIL-OSI Africa: GITEX GLOBAL and Expand North Star set to accelerate world’s Artificial Intelligence (AI) economy with market projected to reach $2.7 trillion by 2032

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

    DUBAI, United Arab Emirates, October 13, 2024/APO Group/ —

    GITEX GLOBAL (www.Gitex.com), the world’s largest tech and startup event, takes centre stage in the UAE next week with this year’s 44th edition destined to redefine the world’s digital economy and AI ecosystem.

    Held at Dubai World Trade Centre (DWTC) from 14-18 October, the incomparable international showpiece will be more influential than ever this time around – presenting an expanded events programme that transforms the UAE into an AI universe epicentre.

    Under the theme “Global Collaboration to Forge a Future AI Economy”, GITEX GLOBAL 2024 welcomes the world’s largest technology enterprises alongside governments, investors, experts, startups, academia, and researchers.  

    Expand North Star (http://apo-opa.co/405aSCm), the world’s largest startup and investment show, runs concurrently at Dubai Harbour from 13-16 October – hosted by Dubai Chamber of Digital Economy and organised by DWTC.

    With over 6,500 exhibiting companies, 1,800 startups, and 1,200 investors from more than 180 countries participating across 38 halls of innovation and business opportunities, these blockbuster events will see the UAE “strategically propel the next generation of AI-driven technologies”.

    Trixie LohMirmand, Executive Vice President of DWTC, the organiser of GITEX GLOBAL and Expand North Star, said: “At GITEX GLOBAL in Dubai, we shall close the year with significant manoeuvres from our tech community by doubling down on global collaborations and intensive engagements amongst all involved. Through these efforts, we shall forge competitive advantages in the race towards regional and international digital supremacy.

    “With international participation in GITEX GLOBAL 2024 rocketing by almost 40 per cent, it’s a barometer of the unstoppable ambitions of many young rising digital nations who are now confidently forging their ways into the future global AI economy through GITEX. As the world’s most global tech event brand with events in Germany, Singapore, Morocco, and Nigeria alongside Expand North Star, we are committed to strategically propelling the next generation of AI-driven technologies via startups, scale-ups and unicorns.”

    A global agenda for tomorrow’s AI economy

    According to Fortune Business Insights, the global AI market is projected to reach $621 billion in 2024 and soar to $2.7 trillion by 2032. Given its influence and impact now and in the future, the technology takes centre stage at GITEX GLOBAL 2024 with over 3,500 enterprises presenting the latest breakthrough innovations in AI, IoT, data, and the cloud.

    Amongst them is TECOM Group PJSC, which celebrates its 25th successive year at GITEX GLOBAL next week. Ahead of the event, Ammar Al Malik, Executive Vice President of Commercial at TECOM Group PJSC and Managing Director of Dubai Internet City, said: “Dubai’s pro-innovation frameworks are the bedrock of tech advancements that serve a greater purpose. GITEX GLOBAL is a springboard to unlock this potential, and as the region’s leading tech hub, Dubai Internet City has been a proud partner for decades in its mission towards a brighter future. Our community is pleased to connect innovators from more than 3,500 companies across fields like artificial intelligence (AI), Web3, digital transformation, and beyond to realise this vision.”

    Abu Dhabi’s most influential companies and organisations, including the Advanced Technology Research Council (ATRC) and G42 Group with its leading enterprises Presight and Khazna, will reinforce the Emirate’s position as an emerging global AI nexus. Other tech giants participating are Adobe, Alibaba Cloud, AWS, Builder Ai, Dell, Google, Honeywell, Huawei, IBM, Lenovo, Microsoft, Nvidia, Oracle, Salesforce, SAS, solutions by STC, and Tech Destination Pakistan.

    Presenting the year’s largest AI event, GITEX GLOBAL will deliver 120-plus hours of AI and deep tech-focused content across various topics, facilitating discussions on the implications of AI in Future Health, Digital Finance, and EdTech. Following the wildfire pace of AI adoption and the unprecedented growth in data storage demand, the event is also launching the region’s largest Data Centre Symposium in 2024, featuring the industry leaders Datalec, Kerno, Khazna, Legrand, NTT Data, Schneider Electric, Vertiv, among many others.

    The programme will build anticipation ahead of the all-new AI Everything Global 2025. This event – taking place in Abu Dhabi (4 February) and Dubai (5-6 February) will gather some of the world’s most visionary AI tech companies to construct an innovative, fair, and responsible AI industry of the future.

    Fast-tracking the next generation of startups

    The world’s largest startup and investment event, Expand North Star will foster the next frontier of tech and innovation. In another record-breaking edition, the event will connect the most innovative global founders with new markets, enterprise customers, and an influential pool of investors and venture capitalists with over $1.2 trillion in Assets Under Management (AUM). These include SOSV, Bessemer Ventures, Lightrock, Sinovation Ventures, and the European Innovation Fund.

    Additionally, Expand North Star will seek to redefine the future of money, blockchain, and creativity through leading co-located events GITEX Impact, Fintech Surge, Future Blockchain Summit, and Marketing Mania. Accelerating the next generation of scaleups, the world’s largest start-up pitch competition, Supernova Challenge 2.0, also graces GITEX GLOBAL with the winners claiming a share of the $200,000 prize pool.

    Historic international involvement

    GITEX GLOBAL 2024 will welcome the highest international attendance in its history, welcoming over 400 government and digital development agencies from around the world. Alongside GITEX GLOBAL regulars, the new nations debuting this year will showcase their latest groundbreaking tech innovations.

    Next week marks the largest European participation at GITEX GLOBAL with over 35 European countries exhibiting alongside 1,000-plus SMEs and 450-plus startups from debuting countries, including Austria, Bosnia and Herzegovina, Ireland, Latvia, Lithuania, Portugal, Serbia, and Slovenia.

    Many rising digital nations from Latin America are also behind the record-breaking international involvement, as are those from Central and Southeast Asia. Joining long-time GITEX GLOBAL participants such as China, Japan, South Korea, and India are several debutants – Singapore, Malaysia, Kazakhstan, and Kyrgyzstan amongst them.

    While promoting international business development, entrepreneurship, and investment engagements to benefit enterprises, organisations, and SMEs alike, GITEX GLOBAL welcomes the European Innovation Council for the first time, Europe’s biggest deep-tech investor.

    It will also see significant collaborations with global organisations from all continents, such as the European Innovation Council, Tech Destination Pakistan, IE University, University College London (UCL), Johns Hopkins University, the Massachusetts Institute of Technology (MIT), and key corporate ventures from leading tech enterprises such as Sony, Honda, Standard Chartered, QIC, and many more.

    An action-packed agenda

    Throughout its six-day duration, GITEX GLOBAL will become a microcosm of the world, launching industry-defining programmes such as GITEX Editions, an exclusive platform for late-stage advanced tech companies and a premier hub for unicorns, soonicorns and rhinos. In 2024, the event will connect 59 top global unicorns, such as Axelera, DeepL, Insilico Medicine, and Synthesis AI.

    The World Future Economy Digital Leaders Summit is another must-attend show with global innovators and influential leaders set to address critical priorities shaping the future of technology. Additionally, GITEX Cyber Valley is this year’s most anticipated cybersecurity showcase – hosted by the UAE Cyber Security Council. With specialists forecasting that damage costs could reach $10.5 trillion annually by 2025, the show will present a power-packed conference agenda as the world’s most influential CISOs, CIOs, and GRC leaders to discuss the risks of global cybercrime.  

    Leo Chen, Corporate Senior Vice President & President of Enterprise Sales at Huawei, which will be present with a flagship stand at the event, commented on the possibilities unlocked at the event for the industry: “GITEX GLOBAL offers a unique platform for us to engage in meaningful dialogues with industry peers about the trends and perspectives on industrial intelligence. We look forward to sharing our insights and learning from others to explore the endless possibilities of industrial digital and intelligent transformation.”

    For more information on GITEX GLOBAL 2024 and to secure your passes, please visit http://www.Gitex.com. 

    MIL OSI Africa –

  • MIL-OSI Banking: CBB holds Fourth Board meeting for 2024

    Source: Central Bank of Bahrain

    CBB holds Fourth Board meeting for 2024

    Published on 13 October 2024

    Manama, Kingdom of Bahrain – 13 October 2024 – The Central Bank of Bahrain’s (CBB) Board of Directors held its fourth meeting for the year 2024, chaired by Mr. Hassan Khalifa Al Jalahma on Sunday, 13 October 2024.

    The Board reviewed the topics on the agenda including the CBB’s performance report and developments in the financial sector for the third quarter of 2024 and the CBB’s financial performance report.

    The Board also reviewed key monetary and banking indicators for the year including the money supply, which increased by BD 0.6 million to reach BD 16.4 billion at the end of August 2024, compared to the same period in 2023. As for retail banks, total private deposits increased to BD14.3billion at the end of August 2024, an increase of 2.9% compared to the end of August 2023. The outstanding balance of total loans and credit facilities extended to resident economic sectors increased to BD12.2 billion at the end of August 2024, an increase of 5.2% compared to the end of 2023, with the Business Sector accounting for 42.3% and the Personal Sector at 48.8% of total loans and credit facilities.  The balance sheet of the banking system (retail banks and wholesale sector banks) increased to $243.1 billion at the end of August 2024, an increase of 8.2% compared to the end August of 2023.

    Point of Sales (POS) data for August 2024 totaled 18.2 million transactions (77.2% of which were contactless), an increase of 18.1% compared to the same period in 2023. The total value of POS transactions for August 2024 totaled BD 387.7 million (52.2% of which were contactless), an increase of 15.7% compared to the same period in 2023.

    The banking sector maintained a high level of capital adequacy and liquidity, as the capital adequacy ratio of the banking sector reached 20.0% in Q2 2024 compared with 19.3% in Q2 2023. The capital adequacy ratio for the various banking sectors was 32.9% for conventional retail banks, 16.7% for conventional wholesale banks, 19.6% for Islamic retail banks, and 20.8% for Islamic wholesale banks in Q2 2024.

    The total number of registered Collective Investment Undertakings (CIUs) as of August 2024 stood at 1715 CIUs, compared to 1673 funds as of August 2023. The net asset value (NAV) of the CIUs increased from US$ 10.651 billion in Q2 2023 to US$ 11.178 billion in Q2 2024, reflecting an increase of 4.95%. Moreover, the NAV of Bahrain domiciled CIUs increased from US$ 4.390 billion in Q2 2023 to US$ 4.428 billion in Q2 2024, reflecting an increase of 0.87%. Furthermore, the NAV of overseas domiciled CIUs increased from US$ 6.261 billion in Q2 2023 to US$ 6.750 billion in Q2 2024, reflecting an increase of 7.81%. Additionally, the NAV of Shari’a-compliant CIUs increased from US$ 1.412 billion in Q2 2023 to US$ 1.812 billion in Q2 2024, reflecting an increase of 28.33%.

    Share this

    MIL OSI Global Banks –

  • MIL-OSI USA: Additional Disaster Recovery Center Now Open in Richmond County

    Source: US Federal Emergency Management Agency

    Headline: Additional Disaster Recovery Center Now Open in Richmond County

    Additional Disaster Recovery Center Now Open in Richmond County

    ATLANTA — FEMA opened an additional Disaster Recovery Center in Richmond County to provide one-on-one help to Georgians affected by Hurricane Helene. The center is open Monday to Saturday from 8 a.m. to 7 p.m. and Sundays from 1 to 6 p.m. This center, as well as one center in Coffee County and another in Lowndes County, will be open during regular hours on Columbus Day on Monday, Oct. 14. 

    Center location:

    Richmond County

    Hub for Community Innovation

    631 Chafee Ave.

    Augusta, GA 30904

    Additional centers also open in Coffee and Lowndes Counties: 

    Coffee County

    The Atrium

    114 N. Peterson Ave.

    Douglas, GA

    Lowndes County: 

    4434 North Forrest Street Extension 

    Valdosta, GA 31605

    To find center locations in Georgia, visit FEMA’s Hurricane Helene Georgia Page, FEMA’s DRC Locator or text “DRC” and your Zip Code to 43362. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology. 

    Homeowners and renters in Appling, Atkinson, Bacon, Ben Hill, Berrien, Brantley, Brooks,  Bryan, Bulloch, Burke, Butts, Camden, Candler, Charlton, Chatham, Clinch, Coffee, Colquitt, Columbia, Cook, Dodge, Echols, Effingham, Elbert, Emanuel, Evans, Fulton, Glascock, Glynn, Hancock, Irwin, Jeff Davis, Jefferson, Jenkins, Johnson, Lanier, Laurens, Liberty, Lincoln, Long, Lowndes, McDuffie, Montgomery, Newton, Pierce, Rabun, Richmond, Screven, Tattnall, Telfair, Thomas, Tift, Toombs, Treutlen, Ware, Warren, Washington, Wayne and Wheeler counties can visit any open center to meet with representatives of FEMA, the State of Georgia and the U.S. Small Business Administration. No appointment is needed.

    If you are in an affected county, you are encouraged to apply for FEMA disaster assistance. The quickest way to apply is online at DisasterAssistance.gov. You can also apply using the FEMA App for mobile devices or calling toll-free 800-621-3362. The telephone line is open every day and help is available in most languages.

    Disaster Assistance Teams are also on the ground in affected counties going door-to-door to help survivors register for assistance.

    For the latest information about Georgia’s recovery, visit fema.gov/disaster/4830. Follow FEMA on X at x.com/femaregion4 or on Facebook at facebook.com/fema.

    minh.phan

    MIL OSI USA News –

  • MIL-OSI USA: FEMA Assistance Tops $50 Million for Illinoisans Affected by Mid-July Severe Storms

    Source: US Federal Emergency Management Agency

    Headline: FEMA Assistance Tops $50 Million for Illinoisans Affected by Mid-July Severe Storms

    FEMA Assistance Tops $50 Million for Illinoisans Affected by Mid-July Severe Storms

    SPRINGFIELD – Just under a month since President Joe Biden declared a major disaster for the state of Illinois, FEMA assistance for households affected by the July 13 -16 severe storms, tornadoes, straight-line winds and flooding tops $50.6 million. These grants help pay for uninsured and underinsured losses and storm-related damage, including:

    • More than $24 million in housing grants to help pay for home repair, home replacement and rental assistance for temporary housing.
    • More than $26.5 million in Other Needs Assistance grants to help pay for personal property replacement and other serious storm-related needs—such as moving and storage fees, transportation, childcare, and medical and dental expenses.

    More than $1.6 million in long-term, low-interest disaster loans has been approved by the U.S. Small Business Administration for homeowners and renters to help repair, rebuild or replace disaster-damaged physical property and to cover economic injury for businesses of all sizes and non-profit organizations.

    Homeowners and renters with July 13 – 16 storm damage to their home or personal property in the seven designated counties including, Cook, Fulton, Henry, St. Clair, Washington, Will and Winnebago, have until the November 19 deadline to apply for disaster assistance from FEMA and U.S. Small Business Administration.

    Apply for FEMA assistance several ways:

    • Go online to DisasterAssistance.gov. 
    • Use the FEMA mobile app. 
    • In-person at a Disaster Recovery Center. Find a center nearest you, http://www.FEMA.gov/DRC.
    • Call the FEMA helpline at 800-621-3362. Multilingual operators are available. If you use video relay service, captioned telephone service or others, give FEMA your number for that service.

    Learn more about SBA disaster assistance at http://www.sba.gov/funding-programs/disaster-assistance. Visit http://www.fema.gov/disaster/4819 for more information about the disaster recovery in Illinois.  

    kimberly.keblish

    MIL OSI USA News –

  • MIL-Evening Report: Electric car sales have slumped. Misinformation is one of the reasons

    Source: The Conversation (Au and NZ) – By Milad Haghani, Senior Lecturer of Urban Analytics & Resilience, UNSW Sydney

    Karolis Kavolelis/Shutterstock

    Battery electric vehicle sales in Australia have flattened in recent months. The latest data reveal a sharp 27.2% year-on-year decline (overall new vehicle sales were down 9.7%) in September. Tesla Model Y and Model 3 cars had an even steeper drop of nearly 50%.

    Sales also fell in August (by 18.5%) and July (1.5%). There’s a clear downward trend.

    Before this downturn, electric vehicle sales had been rising steadily, supported by increased choices and government incentives. In early 2024, year-to-date sales continued to grow compared to the same period in 2023. Then, in April, electric vehicle sales fell for the first time in more than two years.

    Australia isn’t simply mirroring a broader global trend. It’s true sales have slowed in parts of Europe and the United States — often due to reduced incentives. But strong sales growth continues in other regions, such as China and India.

    A range of factors or combinations of them could help explain the trend in Australia. These include governments axing incentives, concerns about safety and depreciation, and misinformation.

    Governments are cutting incentives

    Electric vehicles typically cost more upfront. However, the flood of cheaper Chinese vehicles is lowering the cost barrier.

    Federal, state and territory governments also provide financial incentives to buy electric vehicles. These have been among the main drivers of sales in Australia.

    Nationally, incentives include a higher luxury car tax threshold and exemptions from fringe benefits tax and customs duty. But several states and territories have scaled back their rebate programs and tax exemptions in 2023 and 2024.

    New South Wales and South Australia ended their $3,000 rebates on January 1 this year. At the same time, NSW ended a stamp duty refund for new and used zero-emission vehicles up to a value of $78,000. Both incentives had been offered since 2021.

    Victoria ended its $3,000 rebate, also launched in 2021, in mid-2023.

    In the ACT, the incentive of two years’ free registration closed on June 30 2024.

    Queensland’s $6,000 electric vehicle rebate ended in September.

    The market clearly responded to these changes. However, reduced financial incentives alone cannot explain the full picture. Despite several rounds of price cuts, sales of popular Tesla models are falling.

    Buyers are increasingly opting for hybrid vehicles instead. In September, sales of hybrid and plug-in hybrid vehicles were up by 34.4% and 89.9%, respectively.

    These sales trends reflect other consumer concerns beyond just the upfront cost.

    Resale value worries buyers

    One major issue for car buyers in Australia, and globally, is uncertainty about their resale value. Consumers are concerned electric vehicles depreciate faster than traditional cars.

    These concerns are particularly tied to battery degradation, which affects a car’s range and performance over time. And batteries account for much of the vehicle’s total cost. Potential buyers worry about the long-term value of a used electric vehicle with an ageing battery.

    For example, a 2021 Tesla Model 3 Standard Range Plus with nearly 85,000km currently lists for about $34,000. It has lost roughly half its value in just three years.

    While Tesla offers transferable four-year warranties and software updates, the rapid evolution of EV technology also makes older second-hand models less desirable, further reducing their value.

    Fires raise fears about safety

    Electric vehicle fires have made headlines globally. This has created doubts among consumers about the risks of owning them.

    In Korea, a high-profile battery fire in August 2024 led to a ban on certain electric vehicles from underground car parks. While similar bans are not common in Australia, some have been reported. These could have harmed local consumer confidence.

    Incidents of electric vehicle fires have increased along with vehicle numbers. Statistically, these vehicles are not more prone to fires than conventional cars – in fact, the risk is clearly lower.

    For example, analysis of publicly available statistics from South Korean government agencies, one of the early adopters of electric vehicles, show the number of fires per registered electric vehicle is steadily increasing. Fire risk remains lower than for traditional vehicles, although the gap is shrinking as the electric vehicle fleet ages. And the highly publicised nature of their fires is a source of growing buyer hesitancy.

    Electric vehicle fires in Korea are increasing with EV numbers, but the rate is still less than for petrol or diesel cars.
    Author provided using data from South Korean government agencies, CC BY

    Misinformation and politicisation are rampant

    The full environmental benefits of electric vehicles depend on widespread adoption. However, there is a wide gap between early adopters’ experiences and potential buyers’ perceptions.

    Persistent misconceptions include exaggerated concerns about battery life, charging infrastructure and safety. Myths and misinformation often fuel these concerns. Traditional vehicle and oil companies actively spread misinformation in campaigns much like those used against other green energy initiatives.

    In response, coalitions such as Electric Vehicles UK have formed to combat these false narratives and promote accurate information.

    The politicisation of green initiatives adds to the challenge. When electric vehicles become associated with a specific political ideology, it can alienate large parts of the population. Adoption then becomes slower and more divisive.

    Green transition is a work in progress

    The electric vehicle market in Australia is facing challenges, despite the growing variety of models and price cuts.

    The EV sales trend signals deeper issues in the market. Broader trends, such as the dominance of SUVs and utes, underscore the fact that while the transition to greener vehicles is progressing, it remains uneven.

    Further efforts will be needed to reduce misconceptions and misinformation, and bridge the gap between owners’ experience and potential buyers’ perceptions. Only then can Australia enjoy the environmental benefits of widespread EV adoption.

    Hadi Ghaderi receives funding from the iMOVE Cooperative Research Centre, Transport for New South Wales, Queensland Department of Transport and Main Roads, Victorian Department of Transport and Planning, Department of Infrastructure, Transport, Regional Development, Communications and the Arts, IVECO Trucks Australia limited, Victoria Department of Education and Training, Australia Post, Bondi Laboratories, Innovative Manufacturing Cooperative Research Centre, Sphere for Good, Australian Meat Processor Corporation,City of Casey, 460degrees and Passel.

    Milad Haghani 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. Electric car sales have slumped. Misinformation is one of the reasons – https://theconversation.com/electric-car-sales-have-slumped-misinformation-is-one-of-the-reasons-240545

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI New Zealand: BusinessNZ – Welcoming investment

    Source: BusinessNZ

    BusinessNZ has welcomed the Government’s pledge to improve the policies holding back overseas investment.
    The Government has indicated it will change the Overseas Investment Act and the policy settings for foreign investment, within the next year.
    BusinessNZ Chief Executive Katherine Rich said the current rules make it difficult and uncertain for overseas investors to consider investing here.
    “As a result we are missing out on investment that is going to other economies.
    “BusinessNZ has long advocated for new policy settings to allow us to gain the benefits of overseas capital – to grow businesses and assets and grow New Zealanders’ incomes.
    “Business will be heartened by the move.
    “The Prime Minister’s suggestion of a service similar to Ireland’s Industrial Development Agency – to provide information, help and a courteous welcome to potential investors – is also encouraging.
    “New Zealand needs to make it clear that we welcome investment.” 
    The BusinessNZ Network including BusinessNZ, EMA, Business Central, Business Canterbury and Business South, represents and provides services to thousands of businesses, small and large, throughout New Zealand.

    MIL OSI New Zealand News –

  • MIL-OSI USA: Disaster Recovery Centers Open in Barnwell, Lexington Counties

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Centers Open in Barnwell, Lexington Counties

    Disaster Recovery Centers Open in Barnwell, Lexington Counties

    Disaster Recovery Centers are open in Barnwell and Lexington counties to provide in-person assistance to South Carolinians affected by Hurricane Helene. These locations join the center previously opened in Greenville County. 

    Center location: Barnwell County 
    Barnwell Regional Airport
    155 State Road S-6-398
    Barnwell, S.C. 29812 

    Hours of Operation: Open Oct. 13–15 from 8 a.m.–7 p.m.  

    Center location: Lexington County 
    Batesburg-Leesville Fire Station 
    537 W. Church St.  
    Batesburg, SC 29006 

    Hours of Operation: Open Oct. 13–16 from 8 a.m.–7 p.m.   

    Center location: Greenville County 
    Freetown Community Center 
    200 Alice Ave. 
    Greenville, SC 29611 

    Hours of Operation: Open daily from 8 a.m.–7 p.m. 

    Additional Disaster Recovery Centers will open soon in other affected areas. You can visit any open center to meet with representatives of FEMA, the state of South Carolina and the U.S. Small Business Administration. No appointment is needed. To find other center locations, go to fema.gov/drc or text “DRC” and a Zip Code to 43362. 

    Homeowners and renters in Abbeville, Aiken, Allendale, Anderson, Bamberg, Barnwell, Beaufort, Cherokee, Chester, Edgefield, Fairfield, Greenville, Greenwood, Hampton, Jasper, Kershaw, Laurens, Lexington, McCormick, Newberry, Oconee, Orangeburg, Pickens, Richland, Saluda, Spartanburg, Union and York counties and tribal members of the Catawba Indian Nation can apply for federal assistance.

    The quickest way to apply is to go online to DisasterAssistance.gov. You can also apply using the FEMA App for mobile devices or calling toll-free 800-621-3362. The telephone line is open every day and help is available in many languages. If you use a relay service, such as Video Relay Service (VRS), captioned telephone or other service, give FEMA your number for that service. To view an accessible video on how to apply, visit Three Ways to Apply for FEMA Disaster Assistance – YouTube.  

    FEMA programs are accessible to survivors with disabilities and others with access and functional needs. 

    kwei.nwaogu

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Press release: Major investment deals set to be announced at government’s inaugural International Investment Summit as PM vows to ‘remove needless regulation’ declaring Britain open for business

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    Billions worth of investments in emerging growth sectors including AI and life sciences, and infrastructure are set to be unveiled by businesses and ministers at the government’s inaugural International Investment Summit today.

    • Ministers set to unveil billions worth of major investment deals in AI, life sciences and infrastructure
    • Follows investment of £24 billion in clean energy from business leaders hailing the UK’s “clear policy direction”
    • Comes as leading investors, CEOs, and politicians convene for inaugural International Investment Summit
    • PM vows to “do everything in my power to galvanise growth” as he pledges to “get rid of regulation that needlessly holds back investment”

    Billions worth of investments in emerging growth sectors including AI and life sciences, and infrastructure are set to be unveiled by businesses and ministers at the government’s inaugural International Investment Summit today (Monday 14th October).

    World leading CEO’s and investors from across the globe will meet with ministers, First Ministers, and local leaders at the Guildhall – a historic landmark which has served as the ceremonial heart of the City of London for centuries. 

    Securing investment is central to the government’s mission to deliver economic growth which will create jobs, improve living standards, and make communities and families across the country better off.  

    The government has already secured tens of billions worth of investments within 100 days of being in office. The International Investment Summit will provide an opportunity to build on this progress and showcase the UK’s economic strengths. The event will demonstrate that through serious, stable governance, the UK can establish enduring partnerships with businesses to boost investment and give investors the confidence they need to choose Britain. 

    In a sign of intent to deliver on its central promise, this government has immediately made a series of major interventions to restore economic stability and create the right conditions for growth and investment. Business leaders this week hailed the UK’s “clear policy direction” as they announced over £24 billion worth of investment in clean energy projects.

    The government’s policy platform – including bolstering the Office for Investment, a robust Industrial Strategy, major planning reforms to unlock infrastructure and housing, and founding a National Wealth Fund to catalyse private money – will attract investment, kickstart growth, and unlock Britain’s potential. 

    In his keynote speech opening the summit, the Prime Minister will outline how the government will build on this work, with a vow to “do everything in my power to galvanise growth including getting rid of regulation that needlessly holds back investment.” 

    He is expected to say not enough has been done to make sure the UK is keeping pace with emerging industries. He will pledge to “upgrade the regulatory regime to make it fit for the modern age, making Britain fit to harness all opportunities.”

    In his keynote speech, the Prime Minister will make his ‘pitch for Britain’. On the value of stability, the Prime Minister is expected to say: 

    “It’s not just that stability leads to growth – though we all recognise that. It’s also that growth leads to stability. Growth leads to a country that is better equipped to come together and get its future back. That’s why it’s always been so critical to my project.

    “We have a golden opportunity to use our mandate, to end chop and change, policy churn and sticking plasters that make it so hard for investors to assess the value of any proposition. 

    “We have the determination, the focus on clear long-term ends, a mission-led mindset that thinks in years, not the days or hours of the news grid, needed to unlock that potential. Do not doubt that. 

    “We are focusing on investment because the mission of growth, in this country especially, demands it. Private sector investment is the way we rebuild our country and pay our way in the world. This is a great moment to back Britain. This is great moment to back England, Scotland, Northern Ireland and Wales.”

    On regulation, he is expected to say: 

    “We’ve got to look at regulation where it is needlessly holding back the investment, to take our country forward.

    “Where it is stopping us building the homes, the data centres, warehouses, grid connectors, roads, trainlines, you name it then mark my words – we will get rid of it.

    “We will rip out the bureaucracy that blocks investment and we will make sure that every regulator in this country take growth as seriously as this room does.”

    The government will ask the CMA to prioritise growth, investment, and innovation through their work as a priority and it will also be reviewing the focus of other major regulators. 

    The regulatory review is just one part of the government’s work ensuring Britain is at the front of the queue for emerging opportunities. It builds on the recent creation of the Regulatory Innovation Office, which will curb red tape for cutting-edge emerging technologies, speed up approvals, and allow them to be rolled out to the public safely and quickly. 

    These changes come at the same time as the government delivers on a key manifesto promise to establish a modern Industrial Strategy. Long called for by business, the strategy hardwires long-term stability for investors and plays to the UK’s strengths by focusing on eight growth-driving sectors. 

    The summit will involve sessions with ministers and business leaders to discuss how together we can ensure the UK capitalises on emerging growth sectors including health tech and AI, clean energy and creative industries, for the good of working people. Confirmed speakers including Ruth Porat President & Chief Investment Officer of Alphabet, David A. Ricks Chair and CEO of Eli Lilly, Alex Kendall CEO of Wayve and Pushmeet Kohli Vice President of Research at Google DeepMind. 

    The Prime Minister will take part in an “in conversation” event with former CEO and chairman of Google Eric Schmidt, moderated by CEO of GSK Dame Emma Walmsley to discuss how the UK can seize the opportunities of AI to drive growth and productivity, and it’s potential to improve public services such as health and education.

    The Chancellor will close the summit and take part in a panel event discussing investment opportunities in the UK with Group Chief Executive of USS Carol Young, Chairman and CEO of BlackRock Larry Fink and CEO of Brookfield Asset Management Bruce Flatt.

    Attendees will then be invited to an exclusive reception at St Paul’s Cathedral attended by His Majesty The King. 

    Investment Minister Poppy Gustafsson OBE said: 

    “It’s never been a better time to invest in Britain. This summit is a hugely significant moment to showcase the UK’s economic strengths on the world stage and I’m delighted to be part of the government’s important work to drive growth and investment across the UK.”

    Mayor of London, Sadiq Khan said: 

    “I’m delighted to be attending the International Investment Summit. With a new government, we are reclaiming Britain’s reputation as a magnet for global investment – bringing with it new technology, new ways of thinking and, crucially, new jobs across our country, meaning higher living standards.  

    “London and the UK are open for business, trade and investment. I will continue working with the Government to forge new partnerships, reset relationships and seize the opportunity to secure long-term investment so that we can build a better London for everyone and deliver the change Britain needs.”

    Alex Kendall, Co-Founder and CEO of Wayve, said: 

    “I’m delighted to join the inaugural International Investment Summit. The UK has a strong opportunity to lead in Embodied AI, especially in automated vehicles. 

    “We appreciate the Government’s proactive collaboration with industry on intelligent legislation like the AV Act 2024. Their sector-specific approach to AI regulation is the right way to encourage both investment and innovation. 

    “As we advance our Embodied AI technology into safe, reliable, production-ready software for global automakers, we look forward to continuing to work with the Government to harmonise global regulations and scale UK innovation internationally.”

    Ruth Porat Chief Investment Officer at Alphabet Inc said:

    “Google is proud of our long history of meaningful investments in local talent, infrastructure and digital skilling in the UK which help everyone participate in the benefits of the digital economy. With the UK’s rich academic heritage, particularly in the sciences, it is well-positioned to capture the many opportunities that AI can deliver. 

    “The Investment Summit is an important moment to reflect on the progress to date, and how to best position the UK as a global leader in AI, with the economic and societal benefits this transformative technology can deliver today, and in the years ahead.”

    Updates to this page

    Published 14 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Major investment deals set to be announced at government’s inaugural International Investment Summit as PM vows to ‘remove needless regulation’ declaring Britain open for business

    Source: United Kingdom – Executive Government & Departments

    Billions worth of investments in emerging growth sectors including AI and life sciences, and infrastructure are set to be unveiled by businesses and ministers at the government’s inaugural International Investment Summit today.

    • Ministers set to unveil billions worth of major investment deals in AI, life sciences and infrastructure
    • Follows investment of £24 billion in clean energy from business leaders hailing the UK’s “clear policy direction”
    • Comes as leading investors, CEOs, and politicians convene for inaugural International Investment Summit
    • PM vows to “do everything in my power to galvanise growth” as he pledges to “get rid of regulation that needlessly holds back investment”

    Billions worth of investments in emerging growth sectors including AI and life sciences, and infrastructure are set to be unveiled by businesses and ministers at the government’s inaugural International Investment Summit today (Monday 14th October).

    World leading CEO’s and investors from across the globe will meet with ministers, First Ministers, and local leaders at the Guildhall – a historic landmark which has served as the ceremonial heart of the City of London for centuries. 

    Securing investment is central to the government’s mission to deliver economic growth which will create jobs, improve living standards, and make communities and families across the country better off.  

    The government has already secured tens of billions worth of investments within 100 days of being in office. The International Investment Summit will provide an opportunity to build on this progress and showcase the UK’s economic strengths. The event will demonstrate that through serious, stable governance, the UK can establish enduring partnerships with businesses to boost investment and give investors the confidence they need to choose Britain. 

    In a sign of intent to deliver on its central promise, this government has immediately made a series of major interventions to restore economic stability and create the right conditions for growth and investment. Business leaders this week hailed the UK’s “clear policy direction” as they announced over £24 billion worth of investment in clean energy projects.

    The government’s policy platform – including bolstering the Office for Investment, a robust Industrial Strategy, major planning reforms to unlock infrastructure and housing, and founding a National Wealth Fund to catalyse private money – will attract investment, kickstart growth, and unlock Britain’s potential. 

    In his keynote speech opening the summit, the Prime Minister will outline how the government will build on this work, with a vow to “do everything in my power to galvanise growth including getting rid of regulation that needlessly holds back investment.” 

    He is expected to say not enough has been done to make sure the UK is keeping pace with emerging industries. He will pledge to “upgrade the regulatory regime to make it fit for the modern age, making Britain fit to harness all opportunities.”

    In his keynote speech, the Prime Minister will make his ‘pitch for Britain’. On the value of stability, the Prime Minister is expected to say: 

    “It’s not just that stability leads to growth – though we all recognise that. It’s also that growth leads to stability. Growth leads to a country that is better equipped to come together and get its future back. That’s why it’s always been so critical to my project.

    “We have a golden opportunity to use our mandate, to end chop and change, policy churn and sticking plasters that make it so hard for investors to assess the value of any proposition. 

    “We have the determination, the focus on clear long-term ends, a mission-led mindset that thinks in years, not the days or hours of the news grid, needed to unlock that potential. Do not doubt that. 

    “We are focusing on investment because the mission of growth, in this country especially, demands it. Private sector investment is the way we rebuild our country and pay our way in the world. This is a great moment to back Britain. This is great moment to back England, Scotland, Northern Ireland and Wales.”

    On regulation, he is expected to say: 

    “We’ve got to look at regulation where it is needlessly holding back the investment, to take our country forward.

    “Where it is stopping us building the homes, the data centres, warehouses, grid connectors, roads, trainlines, you name it then mark my words – we will get rid of it.

    “We will rip out the bureaucracy that blocks investment and we will make sure that every regulator in this country take growth as seriously as this room does.”

    The government will ask the CMA to prioritise growth, investment, and innovation through their work as a priority and it will also be reviewing the focus of other major regulators. 

    The regulatory review is just one part of the government’s work ensuring Britain is at the front of the queue for emerging opportunities. It builds on the recent creation of the Regulatory Innovation Office, which will curb red tape for cutting-edge emerging technologies, speed up approvals, and allow them to be rolled out to the public safely and quickly. 

    These changes come at the same time as the government delivers on a key manifesto promise to establish a modern Industrial Strategy. Long called for by business, the strategy hardwires long-term stability for investors and plays to the UK’s strengths by focusing on eight growth-driving sectors. 

    The summit will involve sessions with ministers and business leaders to discuss how together we can ensure the UK capitalises on emerging growth sectors including health tech and AI, clean energy and creative industries, for the good of working people. Confirmed speakers including Ruth Porat President & Chief Investment Officer of Alphabet, David A. Ricks Chair and CEO of Eli Lilly, Alex Kendall CEO of Wayve and Pushmeet Kohli Vice President of Research at Google DeepMind. 

    The Prime Minister will take part in an “in conversation” event with former CEO and chairman of Google Eric Schmidt, moderated by CEO of GSK Dame Emma Walmsley to discuss how the UK can seize the opportunities of AI to drive growth and productivity, and it’s potential to improve public services such as health and education.

    The Chancellor will close the summit and take part in a panel event discussing investment opportunities in the UK with Group Chief Executive of USS Carol Young, Chairman and CEO of BlackRock Larry Fink and CEO of Brookfield Asset Management Bruce Flatt.

    Attendees will then be invited to an exclusive reception at St Paul’s Cathedral attended by His Majesty The King. 

    Investment Minister Poppy Gustafsson OBE said: 

    “It’s never been a better time to invest in Britain. This summit is a hugely significant moment to showcase the UK’s economic strengths on the world stage and I’m delighted to be part of the government’s important work to drive growth and investment across the UK.”

    Mayor of London, Sadiq Khan said: 

    “I’m delighted to be attending the International Investment Summit. With a new government, we are reclaiming Britain’s reputation as a magnet for global investment – bringing with it new technology, new ways of thinking and, crucially, new jobs across our country, meaning higher living standards.  

    “London and the UK are open for business, trade and investment. I will continue working with the Government to forge new partnerships, reset relationships and seize the opportunity to secure long-term investment so that we can build a better London for everyone and deliver the change Britain needs.”

    Alex Kendall, Co-Founder and CEO of Wayve, said: 

    “I’m delighted to join the inaugural International Investment Summit. The UK has a strong opportunity to lead in Embodied AI, especially in automated vehicles. 

    “We appreciate the Government’s proactive collaboration with industry on intelligent legislation like the AV Act 2024. Their sector-specific approach to AI regulation is the right way to encourage both investment and innovation. 

    “As we advance our Embodied AI technology into safe, reliable, production-ready software for global automakers, we look forward to continuing to work with the Government to harmonise global regulations and scale UK innovation internationally.”

    Ruth Porat Chief Investment Officer at Alphabet Inc said:

    “Google is proud of our long history of meaningful investments in local talent, infrastructure and digital skilling in the UK which help everyone participate in the benefits of the digital economy. With the UK’s rich academic heritage, particularly in the sciences, it is well-positioned to capture the many opportunities that AI can deliver. 

    “The Investment Summit is an important moment to reflect on the progress to date, and how to best position the UK as a global leader in AI, with the economic and societal benefits this transformative technology can deliver today, and in the years ahead.”

    Updates to this page

    Published 14 October 2024

    MIL OSI United Kingdom –

  • MIL-OSI USA: President Joseph R. Biden and FEMA Administrator Tour Damage in St. Petersburg Post Hurricanes

    Source: US Federal Emergency Management Agency

    Headline: President Joseph R. Biden and FEMA Administrator Tour Damage in St. Petersburg Post Hurricanes

    President Joseph R. Biden and FEMA Administrator Tour Damage in St. Petersburg Post Hurricanes

    Today, President Joseph R. Biden and FEMA Administrator Deanne Criswell met with federal, state and local officials as well as survivors to receive a briefing on the recovery efforts and tour the damage in areas of Florida impacted by two hurricanes less than a week apart.

    Throughout the Southeast, over 9,600 total federal personnel are deployed, including 4,100 FEMA personnel on the ground in Florida, working closely with state officials to ensure survivors receive the support they need.

    On Friday, Oct. 11, the President approved a major disaster declaration for 34 counties in Florida following Hurricane Milton. President Biden previously approved federal disaster assistance in six states affected by Helene. This opens up federal help for survivors in designated areas in Florida, Georgia North Carolina, South Carolina, Tennessee and Virginia. FEMA reported a record-breaking day on Oct. 12 with more than 250,000 applications received for disaster assistance. 

    Those affected by Hurricane Milton can now start to register for disaster assistance. In addition, Hurricane Helene survivors—who to date have been approved for over $474 million in federal disaster assistance—can also continue to apply for assistance. 

    FEMA encourages individuals to apply online as this remains the best way to apply for disaster assistance. The three ways to apply include visiting disasterassistance.gov, calling 800-621-3362 or using the FEMA App. Survivors may receive funds to help with essential items like food, water, baby formula and other emergency supplies. Funds may also be available to repair storm-related damage to homes and personal property, as well as assistance to find a temporary place to stay. 

    These photos highlight response and recovery efforts across states impacted by Helene and Milton.

    View Original‘ data-align=”center” data-asset-link=”1″ data-entity-type=”emerald” data-image-style=”large” data-asset-type=”imageasset” data-asset-id=”56331″ src=”https://www.fema.gov/sites/default/files/styles/large/public/externals/1adfdc1ae08d66d832526d602202b69e.jpg?itok=V6aB1lMJ” alt=”Caption:

    St. Petersburgh, Fla – President Biden and FEMA Administrator Deanne Criswell met with community members, local, state, federal officials and disaster survivors to talk about the ongoing Hurricane Milton recovery efforts. 

    ” class=”image-style-large”>

    St. Petersburgh, Fla – President Biden and FEMA Administrator Deanne Criswell met with community members, local, state, federal officials and disaster survivors to talk about the ongoing Hurricane Milton recovery efforts. 
    LAKEPORT, Florida – Florida Army National Guard members assigned to the 2nd Battalion, 124th Infantry Regiment load food, water and tarps into a vehicle at a point-of-distribution site. (Photo Credit: U.S. Army Guard)
    STARKE, Florida – Airmen from the Minnesota Air National Guard 148th Fighter Wing, arrive at the National Guard Camp Blanding Joint Training Center to restock supplies for their continued missions in support for Hurricane Milton relief. (Photo credit: U.S. Army Guard) 
    View Original‘ data-align=”center” data-asset-link=”1″ data-entity-type=”emerald” data-image-style=”large” data-asset-type=”imageasset” data-asset-id=”56311″ src=”https://www.fema.gov/sites/default/files/styles/large/public/externals/deebdbe219b8e886e70979f83d19e7dc.jpg?itok=TqaqbOxl” alt=”Caption: Tampa, FL – After Hurricane Milton, U.S. Fire Administrator Dr. Lori Moore-Merrell makes a visit to Tampa and talks with Chris Whitler of Task Force 8, a Florida search and rescue team that primarily focuses on water-based rescues.” class=”image-style-large”>
    Tampa, FL – After Hurricane Milton, U.S. Fire Administrator Dr. Lori Moore-Merrell visited Urban Search and Rescue and emergency workers primarily focused on water-based rescues.
    View Original‘ data-align=”center” data-asset-link=”1″ data-entity-type=”emerald” data-image-style=”large” data-asset-type=”imageasset” data-asset-id=”56268″ src=”https://www.fema.gov/sites/default/files/styles/large/public/externals/4f066b8ad59fa36135e4ab194c997003.jpg?itok=igLEwDnk” alt=”Caption: Greenville, SC (Oct. 11, 2024) – FEMA’s Disaster Recovery Center is open to those affected by Hurricane Helene.” class=”image-style-large”>
    Greenville, SC (Oct. 11, 2024) – FEMA continues to open Disaster Recovery Centers in the states impacted by Hurricane Helene. View this online resource for an update on locations for the Disaster Recovery Centers.
    View Original‘ data-align=”center” data-asset-link=”1″ data-entity-type=”emerald” data-image-style=”large” data-asset-type=”imageasset” data-asset-id=”56291″ src=”https://www.fema.gov/sites/default/files/styles/large/public/externals/30761d701e1ad8455bab482d304acb1a.jpg?itok=aQih8k7D” alt=”Caption: Fort Pierce, Fla. (Oct. 12, 2024) – Volunteers with a faith-based organization support survivors of Hurricane Milton.” class=”image-style-large”>
    Fort Pierce, Fla. (Oct. 12, 2024) – Volunteers with a faith-based organization support survivors of Hurricane Milton.
    View Original‘ data-align=”center” data-asset-link=”1″ data-entity-type=”emerald” data-image-style=”large” data-asset-type=”imageasset” data-asset-id=”56302″ src=”https://www.fema.gov/sites/default/files/styles/large/public/externals/74649b5a2cbeca184114d315e25946ad.jpg?itok=KQpymVeI” alt=”Caption: Tampa, FL – FEMA’s federal partner Health and Human Services (HHS) sent a Disaster Medical Assistance Team (DMAT) from Alabama to Florida in the wake of Hurricane Milton. The 37 team members are supporting St. Joseph’s Hospital in Tampa, as three of the local hospitals are closed due to the hurricane. The DMAT team members assemble their own emergency room and are doctors, nurses, nurse practitioners, pharmacists, psychiatrists, paramedics, logistics, and security personnel and will stay until the mission is complete.” class=”image-style-large”>
    Tampa, FL – As part of the federal response, Health and Human Services (HHS) ASPR reassigned a NDMS Disaster Medical Assistance Team (DMAT) from Alabama to Florida in the aftermath of Hurricane Milton. This team is supporting St. Joseph’s Hospital in Tampa. The 37-person DMAT team consisting of doctors, nurses, nurse practitioners, pharmacists, psychiatrists, paramedics, logistics, and security personnel are augmenting the hospital staff and providing medical care to the community.
    View Original‘ data-align=”center” data-asset-link=”1″ data-entity-type=”emerald” data-image-style=”large” data-asset-type=”imageasset” data-asset-id=”56325″ src=”https://www.fema.gov/sites/default/files/styles/large/public/externals/81375e36d113f3799509b6f384e99cc0.jpg?itok=ArKAEY6d” alt=”Caption: Elizabethton, Tenn. (Oct. 11, 2024) – Salvation Army has joined the River’s Edge Fellowship to provide meals for the evening to local survivors affected by Hurricane Helene.” class=”image-style-large”>
    Elizabethton, Tenn. (Oct. 11, 2024) – Salvation Army has
    joined the River’s Edge Fellowship to provide meals for the
    evening to local survivors affected by Hurricane Helene.
    View Original‘ data-align=”center” data-asset-link=”1″ data-entity-type=”emerald” data-image-style=”large” data-asset-type=”imageasset” data-asset-id=”56308″ src=”https://www.fema.gov/sites/default/files/styles/large/public/externals/eec42c5018f150321910c3b8d147069c.jpg?itok=fryygDUN” alt=”Caption: Jonesborough, Tenn. (Oct. 11, 2024) – FEMA and Red Cross representatives speak with a survivor at the state-initiated Multi-Agency Resource Center which includes the Small Business Administration and several local and state organizations to provide assistance to survivors of Hurricane Helene in Tennessee.” class=”image-style-large”>
    Jonesborough, Tenn. (Oct. 11, 2024) – FEMA and Red Cross representatives speak with a survivor at the state-initiated Multi-Agency Resource Center which includes the Small Business Administration and several local and state organizations to provide assistance to survivors of Hurricane Helene in Tennessee.
    View Original‘ data-align=”center” data-asset-link=”1″ data-entity-type=”emerald” data-image-style=”large” data-asset-type=”imageasset” data-asset-id=”56202″ src=”https://www.fema.gov/sites/default/files/styles/large/public/externals/f7fb86176346e14cbc56c8a24998d9ef.jpg?itok=HZuKFXDX” alt=”Caption:

    Smyth County, Va. (Oct. 10, 2024) – A FEMA Disaster Survivor Assistance Specialist leaves a flyer with information on applying for disaster assistance after Hurricane Helene at a home in Smyth County, Va., on Oct. 10.

    ” class=”image-style-large”>

    Smyth County, Va. (Oct. 10, 2024) – A FEMA Disaster Survivor Assistance Specialist leaves a flyer with information on applying for disaster assistance after Hurricane Helene at a home in Smyth County, Va., on Oct. 10.

    FEMA’s Disaster Multimedia Toolkit page provides graphics, social media copy and sample text in multiple languages. In addition, FEMA has set up a rumor control web page to reduce confusion about its role in the Helene response. Visit Hurricane Rumor Response.

    amy.ashbridge

    MIL OSI USA News –

  • MIL-OSI New Zealand: A year later, Kiwis already see ACT’s real change

    Source: ACT Party

    A year after the 2023 election, ACT is celebrating the long list of actions already taken to empower New Zealanders.

    “In Opposition, we spent six years listening to New Zealanders,” says ACT Leader David Seymour. “This resulted in a comprehensive election platform with a commitment not just to change the Government, but to deliver real change.

    “Thanks to New Zealanders’ support, on October 14 we were put in a position to deliver, and less than 11 months after signing the coalition agreement, we’ve made serious progress.

    “The breadth and intensity of our action in Government speaks for itself. Even our critics complain at how we’re punching above our weight for a small team. We call it value for your vote.

    “Below is a list of actions ACT has taken that reflect ideas we campaigned on, and on which Kiwis elected us to deliver. Together, these actions break down barriers for Kiwis working to succeed on their own terms. We’re addressing challenges in the economy, law and order, democracy, education, health and more.”

    THE ECONOMY:

    • Cut wasteful Government spending to get inflation under control.
    • Delivered tax cuts to ease the cost of living.
    • Restored the Reserve Bank’s focused on tackling inflation.
    • Restored the option of 90-day trials for all businesses.
    • Established the Ministry for Regulation to cut red tape to make doing business simpler.
    • Commenced two regulatory reviews for early childhood education and agricultural products.
    • Repealed the Auckland Fuel Tax.
    • Repealed the Ute Tax.
    • Repealed “Fair Pay” Agreements
    • Repealed Labour’s resource management regime.
    • Agreed on core design features for a replacement of the Resource Management Act centred on property rights.
    • Sped up timeframes for overseas investment applications.
    • Increased the use of sanctions for beneficiaries who can work but refuse to take steps to find a job.
    • Eased restrictions to accessing credit under the Credit Contracts and Consumer Finance Act.
    • Scrapped EECA’s “decarbonising industry” (GIDI) fund.
    • Scrapped Auckland Light Rail, the Lake Onslow hydro scheme, and funding for Let’s Get Wellington Moving.
    • Started phasing back in interest deductibility.
    • Suspended the requirement for new Significant Natural Areas.
    • Unveiled a new contracting gateway test to provide certainty to workers and businesses.
    • Began delivering regulatory relief for businesses dealing with anti-money laundering rules.
    • Launched consultation to improve the Holidays Act.
    • Launched a nationwide roadshow to inform improvements to health and safety law.
    • Launched a framework for Regional Deals between central and local government to deliver infrastructure.
    • Stopped blanket speed limit reductions and enabled faster speed limits on our safest roads.
    • Introduced legislation to reverse the oil and gas ban and promote the use of Crown minerals.
    • Introduced tenancy legislation to enable Pet Bonds, restore 90-day ‘no cause’ terminations, and restore tenants’ and landlords’ notice periods to 21 and 42 days.
    • Introduced legislation to improve access to building products available overseas.
    • Introduced a member’s bill to liberalise Easter Trading.

    LAW AND ORDER:

    • Increased funding for Corrections to lift prison capacity.
    • Abolished Labour’s prisoner reduction target.
    • Defunded Section 27 “cultural reports”.
    • Commenced a review of the Firearms Registry.
    • Strengthened consequences for Kāinga Ora tenants who engage in repeated antisocial behaviour.
    • Strengthened Firearms Prohibition Orders.
    • Made gang membership an aggravating factor at sentencing.
    • Introduced legislation to reinstate Three Strikes.
    • Introduced a member’s bill to make rehabilitation or education a condition of parole.
    • Introduced legislation to toughen sentences for attacks on workers and give weight to the victim’s circumstances at sentencing.
    • Introduced legislation to amend Part 6 of the Arms Act affecting clubs and ranges.

    STRENGTHENING DEMOCRACY:

    • Directed the public service to deliver services based on need, not race, and end “progressive procurement” quotas.
    • Abolished the Māori Health Authority.
    • Advanced the Treaty Principles Bill.
    • Restored local referendums on Māori Wards.
    • Scrapped Labour’s law to give 16-year-olds votes in local elections.
    • Broadened the terms of reference of the Covid-19 Royal Commission with a second phase.
    • Defunded the Christchurch Call.
    • Halted work on hate speech laws.
    • Introduced legislation to remove Section 7AA of the Oranga Tamariki Act.
    • Seen Otago University adopt a free speech policy in response to ACT’s coalition agreement.

    EDUCATION:

    • Restored charter schools, now with the option of state school conversion, with the first schools to open next year.
    • Streamlined early childhood education regulations.
    • Delivered an action plan to improve school attendance and started publishing attendance data weekly.
    • Improved the school lunch programme to feed more kids for less money.
    • Switched fees-free university from first year to third.

    HEALTH:

    • Delivered Pharmac its largest-ever budget, which has now funded life-saving medicines.
    • Repealed the Therapeutic Products Act.
    • Restored the sale of medicine containing pseudoephedrine.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Economic growth on the Fast-track

    Source: New Zealand Government

    The one-stop-shop Fast-track Approvals Bill, and the 149 projects listed in the Bill, will help rebuild our struggling economy and kick-start economic growth across the country, Minister for Infrastructure Chris Bishop says.

    “Since 2022, New Zealand has battled anaemic levels of economic growth. If we want Kiwi kids to stop moving overseas, better public services, and a lower cost of living: economic growth is the only answer.

    “Our status as a first-world country isn’t guaranteed, and we should never take it for granted. If we want to build a brighter future for New Zealand, we must stop saying no to growth-enhancing projects.

    “For too long, our planning system’s default position has been ’no’. You want to build a housing development? No. You want to build a road? No. You want to build a wind farm? No.

    “We must start saying yes. It is critical to New Zealand’s future.

    “The Fast-track Approvals Bill will help cut through the obstruction-economy, with the 149 projects announced on Sunday demonstrating our commitment to supercharge growth. Commentary from across New Zealand this week has shown just how important this Bill is for our country’s future.

    “Forsyth Barr said that the Fast-track Approvals Bill ‘has the potential to give a much needed injection of energy into the downbeat NZ economy.

    “Katherine Rich, Chief Executive of BusinessNZ said that ‘these projects listed as part of the Fast-track Bill will stimulate job creation and economic activity at a time when we need it most.’

    “James Smith from the National Road Carriers Association said that the projects announced were ‘balanced and achievable’, with ‘a strong emphasis on road and rail developments that will enable productivity to get the country moving again’. 

    “Bridget Abernethy from the Electricity Retailers Association has said that the fast-tracking of renewable projects will  ‘…help provide confidence to build and deliver affordable clean electricity for our low-emissions future.’

    “Finn McDonald from the Employers and Manufacturers Association said that ‘given the recent issues caused by higher energy prices and the demands on generation capacity to further electrify the economy, these new fast-tracked projects have increasing significance’

    “Nick Leggett from Infrastructure NZ said that the list of projects was ‘balanced’, and that ‘it really speaks to the need this country has to get its act together and build some infrastructure’. 

    “Even Gary Taylor, Chairman and Executive Director of the Environmental Defence Society, has conceded that ‘while I come from an environmental perspective, I am also a Kiwi interested in economic welfare of our nation, and a lot of the infrastructure projects look good to go to me, subject to environmental assessment… a lot of the renewable projects, a lot of the housing projects, although there are obviously important questions about impacts from them… a lot of them are all good to go…’

    “The 149 projects chosen by Cabinet to be listed in the Bill will be listed in Schedule 2 of the Bill once the Bill is reported back from the Environment Committee in mid-October. Once the Bill is passed, they will be able to apply to the Environmental Protection Authority to have an expert panel assess the project and apply relevant conditions.

    “New Zealanders can expect economic growth to be at the heart of what this government does. Fast-track is just one part – albeit an important part – of our drive to grow the economy for all Kiwis.”

    MIL OSI New Zealand News –

  • MIL-OSI Economics: Consumer demand for novelty and customization compels brands to explore new product segments in India, finds GlobalData

    Source: GlobalData

    Consumer demand for novelty and customization compels brands to explore new product segments in India, finds GlobalData

    Posted in Consumer

    Novelty and experimentation trends have changed the consumption patterns of consumers. Consequently, brands are continuously innovating in line with the growing personalization trend to maintain consumer interest while gaining a competitive edge over the rivals in India. New market disruption will help the brands tap into emerging markets and enhance their relevance, says GlobalData, a leading data and analytics company.

    Savitha Kruttiventi, Consumer Analyst at GlobalData, comments: “Brands need to ensure they meet consumers’ needs and expectations of novelty and uniqueness along with the important dietary considerations. In line with this, Keventers, an India-based milkshake and ice cream brand, launched waffles for the first time as part of its expansion strategy. These 100% vegetarian waffles are available in six different flavors and cater to consumers who have special dietary preferences such as vegetarians. The brand also allows consumers to customize their waffles with their favorite ice cream toppings. The manufacturer leveraged its brand image to enter a new product segment.”

    Francis Gabriel Godad, Consumer Business Development Manager, GlobalData India, notes: “In the current competitive landscape, it is extremely important to prioritize innovation to thrive. Manufacturers must focus on launching products that are innovative and align with consumers’ preferences to create deeper connections with them. In GlobalData’s 2024 Q2 consumer survey, 74% of Indian consumers admit that they find novelty/uniqueness to be an essential feature influencing purchase decisions^.

    “Consumers in India are actively on the lookout for the brands that give them options to customize according to their interest. 65% of Indian consumers admit that their purchase decisions are always or often influenced by products’ alignment with their needs and personality. Hence, brands need to embrace customization to have a higher chance of enhancing their customer satisfaction and brand loyalty among consumers.”

    Kruttiventi concludes: “Consumers are seeking novel products that align with customization and personalization trends. This highlights the need for the brands to adapt and innovate to retain their customer base. Brands that emphasize these factors tend to gain a competitive edge and attain success in the long run.”

    ^GlobalData 2024 Q2 Consumer Survey – India, published in July 2024, with 897 respondents

    MIL OSI Economics –

  • MIL-OSI Canada: Amendments to the Business Corporations Act tabled for beneficial ownership transparency

    Source: Government of Canada regional news

    Today, the Government of Yukon introduced Bill No. 43, the Act to Amend the Business Corporations Act (2024), in the Yukon Legislative Assembly. These amendments are part of the Government of Yukon’s efforts to participate in national and international efforts to safeguard against money laundering, tax evasion and other illegal activities.

    Bill 43 meets the Government of Yukon goal of improving transparency, enhancing corporate governance, protecting market integrity and supporting sustainable economic growth.

    • Read more about Amendments to the Business Corporations Act tabled for beneficial ownership transparency
    • Add new comment

    MIL OSI Canada News –

  • MIL-OSI New Zealand: Health Investigation – Commissioner initiated investigation into informed consent finds systems weaknesses

    Source: Health and Disability Commissioner

    A Commissioner initiated investigation into patient consent for the involvement of junior medical staff, students and other trainees at North Shore Hospital has found systems weaknesses but no breach of the Code of Health and Disability Services Consumers’ Rights (the Code).
    The Health and Disability Commissioner, Morag McDowell, initiated the investigation following a complaint from a registered nurse who was concerned that trainee doctors and medical students had provided services and received teaching in obstetric and gynaecology services, without patient consent.
    The Commissioner’s opinion considers how consent processes apply to teaching and clinical care situations, having regard to the qualifications and experience of the medical staff providing care.
    In particular, the Commissioner noted the distinction between medical students (who are not qualified as doctors), and trainees (qualified doctors undertaking specialist training – some of whom may be at the start of their careers and others who are very advanced but not yet qualified as a specialist in their chosen field). A critical issue for the investigation was to consider in what circumstances a patient’s participation in teaching needed to be specifically consented to.
    In the course of the investigation, it was identified that informed consent practices, policies and procedures were significantly inconsistent across Aotearoa New Zealand. There was also a lack of clarity about the application of the Code, which clearly requires that teaching involving patients must be undertaken only with their knowledge and consent.
    “Consumers cannot be involved in teaching without giving informed consent, and providers of health and disability services must ensure they have a robust system and culture for obtaining that consent,” said Ms McDowell.
    Ms McDowell found weaknesses in Health NZ Waitemata’s system – including its consent forms – noting the processes minimised student or trainee clinician’s involvement, and didn’t prompt introductions for explanations of the role, involvement or degree of supervision of the trainee. Where verbal discussions may have been held about teaching, they were not adequately documented, she said.
    In relation to the involvement of medical students, Ms McDowell said “Clinicians must be mindful that informed consent is more than just a tick box exercise, and they must be alive to individual patient circumstances. The wording of Health NZ’s 2018 consent form and apparent reliance on it to justify all medical student involvement beyond observation, was a significant weakness in Health NZ’s consent practices.”
    In relation to trainees, who are qualified doctors, there is more complexity when it comes to consent processes. While all medical student involvement in patient care represents teaching, trainees are not always providing care in situations where teaching is taking place, and therefore specific consent about teaching is not required. Each case will turn on its own facts.
    Ms McDowell’s adverse comment addressed consent and policy forms, medical students in theatres, trainees who are part of the team, sensitive examinations, and procedures under general anaesthesia.
    “Basic courtesy and respect for patients apply and, wherever practicable, consumers should know who is to be providing their care and what they will be doing. This is information that a reasonable consumer can expect to receive,” said Ms McDowell. She emphasised the particular importance of sharing this information when consumers are undergoing sensitive or intimate examinations.
    Ms McDowell commended the nurse for raising her concerns, first to Health NZ and then to HDC, noting her complaint offered an opportunity to address significant inconsistencies in approaches to informed consent and knowledge of the Code. She also commended Health NZ for its efforts in undertaking a careful, ongoing review and improvement of its informed consent policy and practice.
    She made a range of recommendations including that Health NZ Waitematā develop patient information about clinical teaching to ensure it is easy to understand and emphasises patient choice. She has also asked Health NZ to report back on progress on its national policy on informed consent. 

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Health Investigation – Woman’s rights breached when pharmacist dispenses incorrect medication

    Source: Health and Disability Commissioner
    A woman’s rights under the Code of Health and Disability Consumers’ Rights were breached by a pharmacist when she dispensed incorrect medication, the Deputy Health and Disability Commissioner has found.
    Dr Vanessa Caldwell said the pharmacist failed to provide services which complied with legal, professional, ethical and other relevant standards as a result, in a decision released today.
    The case centres on the incorrect dispensation of Salazopyrin instead of Pentasa for management of the woman’s gastrointestinal issues by the pharmacist. The woman took the Salazopyrin for seven weeks, assuming it was a substitute, but started feeling very unwell after four weeks. She immediately felt better when she received her correct prescription for Pentasa after returning to the pharmacy where the error was discovered.
    “The Pharmacy Competence Standards state that a pharmacist must maintain a logical, safe, and disciplined dispensing procedure. In this case the pharmacist did not comply with this standard as she failed to double check that the correct medication had been dispensed,” said Dr Caldwell.
    She added that the same standards states that “a pharmacist should monitor the dispensing process for potential errors and act promptly to mitigate them. In this case, the pharmacist did not comply with this standard, as she was not aware of her mistake for approximately seven weeks when she was alerted to the error….”
    The pharmacist agreed to a breach of Right 4(2) of the Code proposed by Dr Caldwell who said she had demonstrated a willingness to achieve a speedy resolution and make changes. She also noted there was the potential for a more restorative approach to managing the issue given the pharmacy is the woman’s long-term provider.
    Dr Caldwell made an adverse comment against the pharmacy for not keeping relevant standard operating procedures up to date. However, she commended the pharmacy’s manager for promptly making changes to prevent the error from happening again.
    Dr Caldwell recommended the pharmacist, and pharmacy, formally apologise to the woman and for the pharmacy to rewrite its relevant dispensing standard operating procedures, and audit and evaluate the effectiveness of the new policies and processes and report back to HDC on the results and corrective actions taken. 

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Health Investigation – Hato Hone St John and call handler breach man’s rights in management of 111 call

    Source: Health and Disability Commissioner

    A man’s rights under the Code of Health and Disability Services Consumers’ Rights were breached by Hato Hone St John, and a call handler, said the Deputy Health and Disability Commissioner Deborah James, in a decision released today.
    The decision centres on the management of a 111 call from a woman who described symptoms indicating a heart attack being experienced by her husband. An ambulance service took the initial call and then transferred it to St John. The call was prioritised as ‘serious but not immediately life threatening.’
    Approximately 30 mins later, a dispatcher launched an initial assignment tool to identify which ambulances were available. The tool indicated a 27-minute wait for an ambulance and suggested the use of a first response team (Fire and Emergency NZ), which was available to respond. The dispatcher decided this was unnecessary as the patient was alert, breathing easily and had no cardiac history.
    Thirty minutes after her first call, the woman called 111 again because her husband’s condition had deteriorated. Another call handler picked up this call and advised her that an ambulance had not been assigned due to demand, but she did not re-triage the call. The woman told the call handler she would drive her husband to the hospital. The call handler then closed off the incident. Sadly, the man had a heart attack three minutes from the hospital and could not be revived.
    Deborah James found the call handler (Ms B) had deviated from St John’s standard operating procedure (SOP). “…the St John incident review identified that when Mrs A advised Ms B that she would take Mr A to hospital herself, there was a need for Ms B to advise that it might be a good idea to continue waiting for the ambulance response. I note that Ms B’s failure to re-triage Mrs A’s second 111 call may have affected her decision not to advise Mrs A to wait for the ambulance to arrive.”
    Unfortunately, despite the man’s wife telling the call handler that her husband’s condition had worsened, the call handler did not ask for any further information about his symptoms. As a result, Ms James found the call handler had breached the Code by not providing services that complied with professional standards.
    Deborah James found St John had also failed the man by not meeting expected wait times when there was a 30-minute delay in using the initial assignment tool, nor was a welfare check undertaken.
    “There will undoubtedly be times where ambulances are unavailable to respond to incidents immediately. However, it is St John’s responsibility to find ways to mitigate the risks associated with unavailable ambulances. In my view, conducting welfare checks every 30 minutes (as outlined in St John’s SOP) is an appropriate tool in mitigating such risk.”
    She also found St John breached the Code by not providing the man (through his wife) with information he could have expected to receive under the circumstances. This included not conducting a welfare check and not advising the woman about delays in dispatching an ambulance, or for her to wait for an ambulance response.
    Ms James made an adverse comment about the St John dispatcher who launched the initial assignment tool noting her concerns about the delay, despite the busyness at the time, saying it was a useful safety netting tool that should have been deployed. Ms James was also critical that the dispatcher did not document his reasons for not dispatching the first response unit.
    Ms James has recommended the call handler formally apologise to the woman. Further recommendations include that St John provide additional training for call handling and dispatch staff, on the importance of welfare checks and to update its dispatching guides to be clearer about how to use the initial assignment tool.
    St John has made a range of changes since the event which are outlined in the decision. 

    MIL OSI New Zealand News –