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Category: DJF

  • MIL-OSI Australia: Activist shareholders are becoming more efficient, more sophisticated and better resourced

    Source: Allens Insights

    How companies can stay ahead of evolving campaigns 6 min read

    Shareholder activists are increasingly using novel tactics to influence the strategies of companies. While campaigns continue to focus on the full spectrum of key issues like M&A activity, business operations and strategy, regulatory concerns and ESG-related matters, we are seeing a change in the type of shareholder launching campaigns. Large institutional players and funds (including super funds) are moving into this space, resulting in better-funded and more sophisticated campaigns. Activists are also increasingly willing to take campaigns public without first engaging with the company, meaning they are less predictable.

    This escalation underscores the need for companies and boards to understand the interests of their stakeholders and anticipate potential activist agendas, and to take a proactive approach to managing those issues in order to be prepared and minimise the risk of becoming a target of a campaign.

    In this Insight, we discuss recent shareholder activism trends in Australia, explore some of the novel tactics used by activists and discuss strategies for companies to prepare for an activist campaign.

    Key takeaways 

    • With large institutional players and funds (including super funds) becoming more active, campaigns are becoming more efficient, sophisticated and resourced.
    • There has been an increasing trend for activists to go public without prior engagement with the company, meaning an impending campaign is not always easy to identify or predict.
    • The tactics and objectives of activist shareholders are wide-ranging, with shareholders using novel tactics such as fast-paced public campaigns through online platforms and seeking access to internal company documents.
    • To mitigate against these risks and disruption to the business, companies and boards must plan and execute effective strategies that anticipate and respond to activist campaigns.

    Who is launching campaigns?

    Super funds and other large institutional investors are increasingly pursuing an active role in the oversight of their investments – which is pertinent, given super funds currently hold an interest in approximately 34% of the ASX, which is estimated to eventually increase to more than 50%.1 Further, the Australian market has seen activist investment firms, including Australian-based hedge funds, join forces to exert greater influence over company strategy. 

    Key issues driving activists

    M&A activity

    Where a prospective M&A opportunity requires shareholder approval, then by its nature, it needs to be viewed favourably by shareholders to satisfy any applicable approval thresholds. However, even where shareholder approval isn’t being sought, we are seeing a rise in shareholders using their influence to oppose or otherwise alter the terms of M&A activity, putting pressure on the company to pursue alternative strategies or alter the terms of a deal. Tactics used by shareholders to exert influence on emerging M&A transactions can range from confidential non-public engagement with the company, to (increasingly) public criticism of the deal and launching a campaign to actively oppose the relevant transaction and seek support from other shareholders. For instance, earlier this year, Pendal Group, Qantas’ largest investor, publicly voiced concerns about Qantas’ ability to meet projected earnings margins amidst plans to purchase aircraft assets worth over $3 billion. Following the widespread criticism, the company was reported to have pulled back from public presentations on the matter. Whitehaven was also targeted by Bell Rock, a hedge fund investor, as it pursued a transaction to acquire metallurgical coal assets from BHP. The public campaign opposed the proposed acquisition and use of Whitehaven funds, and subsequently targeted the company’s remuneration policies, including writing letters to Whitehaven shareholders and creating a website encouraging shareholders to take action at the upcoming AGM. It culminated in Whitehaven applying to the Panel seeking a declaration of unacceptable circumstances (see our Insight for more details on Bell Rock’s misadventure here).

    We have seen an increase in highly publicised activist campaigns that have successfully resulted in shareholders rejecting takeover bids and schemes of arrangement. Historically, shareholders opposing M&A activity were often competing bidders seeking to advance their own position. Recently, there has been an increase in campaigns by shareholders that are not competing bidders, but rather they oppose the transaction because they see the proposal as opportunistic or otherwise have different views on the longer term value of the company. Notable recent examples are AustralianSuper’s opposition to the Origin takeover and Tanarra Capital’s push for change at Bapcor.

    Business operations and strategy 

    Shareholders have a clear incentive to pursue an activist campaign against a company where, in the eyes of the activist, there are perceived strategy or governance shortcomings or an underperforming share price or asset base.

    Activists can and more frequently will look to challenge corporate strategies in the pursuit of what they perceive as better value or alignment with long-term growth objectives. In May this year, an Australian-based oil and gas producer faced shareholder dissent at its AGM and received a ‘first strike’ against its remuneration report. Shareholders had been advocating for a higher dividend payout ratio and a greater return of cash.

    Activist investment firms, in particular, are increasingly making public statements regarding their own business strategies for investee companies – for example, recommending dividends and buybacks over M&A activity and development. As mentioned earlier in this article, Bell Rock’s campaign against Whitehaven was borne from the hedge funds’ dissatisfaction with the corporate strategy to cease a buyback and deploy the capital on an M&A opportunity. Lendlease, similarly, experienced significant pressure from activist firms Tanarra Capital, Allan Gray, and HMC Capital to refocus its activities on domestic operations rather than offshore expansion.

    Regulatory concerns

    Australian companies and boards are navigating Australia’s ever-changing and complex regulatory landscape. With increasing shareholder expectations regarding a company’s legal and regulatory compliance, we are seeing a rise in shareholders advocating for changes that they believe will enhance compliance, protect a company from legal risks, and strengthen its financial health and public reputation.

    In the gambling sector, for example, non-compliance has compelled shareholders to demand changes to cultural practices and the reconfiguration of boards. Recently, the Alliance for Gambling Reform voiced its plans to target Nine Entertainment and Seven West Media from within, as shareholders, in an attempt to stop gambling advertisements. Shareholder resolutions were publicly revealed as the activism tactic of choice. Unsurprisingly, there remains a consistent push for corporate behaviour to align with regulatory best practices and investor expectations.

    Environment, social and governance considerations

    Historically dominated by individual investors and smaller single-issue activist groups, shareholder activism in the ESG space is now also characterised by the involvement of large institutional investors, with significant resources to dedicate to activist campaigns. Earlier this year, HESTA voted against the re-election of the Chair of the Santos board on the basis of climate-related factors. The activity of these types of investors is often driven by their own ESG-related targets and other commitments they have made to their investors.

    Beyond climate, we anticipate that future shareholder activism in the ESG space may be driven by nature-related considerations. Allens recently discussed the growing need for boards to exercise due care and diligence in relation to nature-related risks and opportunities following elevated investor scrutiny and agitation in this area. In particular, boards must understand the risks associated with a company’s nature-related dependencies and impacts in order to appropriately consider, manage and/or disclose a company’s nature-related matters to meet shareholder expectations.

    Developing strategies to address ESG interests of shareholders and more broadly adapting to the shift in societal expectations will be paramount. The constant advancement of tools and methodologies used to evaluate ESG successes will further drive shareholder scrutiny. M&A front-runners are progressively turning their attention towards these issues, devising innovative approaches to embed relevant ESG factors into their M&A strategies.2

    Activist tactics

    While activism can take many forms depending on the specific goals of the shareholder involved, there are some common tactics employed in the Australian market. 

    Established tactics

    The more typical activist tactics involve utilising the mechanisms available under the Corporations Act to do one or a combination of calling a meeting, proposing resolutions, distributing materials to shareholders and nominating candidates to the board, each with the purpose of placing a spotlight on an issue or advancing an agenda.

    With a spotlight on the experience of the ASX300 during the 2023-24 financial year:

    • of the 37 remuneration reports voted down by shareholders, around five appear to have been a protest vote due to shareholder concerns beyond remuneration-related issues; and
    • four companies had shareholders approve amendments to their constitution, where those amendments were proposed by shareholders and opposed by the board.

    The window for these types of activist campaigns was in the lead-up to AGM season.

    Historically, activists would generally engage with the company as a first step, before going public with a campaign in the month or two ahead of the relevant AGM, which meant companies had more lead time to prepare.

    However, we are now seeing these campaigns being launched outside that typical AGM window. Activists are also becoming more aggressive and are increasingly willing to take the campaign public without first engaging with the company, which can surprise the company and put them on the back foot.

    Emerging tactics

    The existing toolkit is being supplemented with new tactics that are coming to the fore.

    Harnessing the power of the internet and social media, shareholders are reaping the benefits of activism in a tech-savvy world. Novel online platforms are providing new and unpredictable ways for activists to join forces and launch powerful campaigns. The Alliance for Gambling Reform, mentioned earlier in this article, used online share-trading platform SIX, a trading platform that unites shareholders, to begin its campaign against gambling advertising. Similarly, the widespread reach of social media means that shareholders have more power than ever to captivate the public and influence a market. In a successful campaign against a proposed demerger in 2022, the largest shareholder of an Australian-based energy provider launched a sharp website and employed X (then Twitter) to broadcast a video that appealed to other shareholders. Companies must become comfortable with the reality that one activist could quickly and unexpectedly gain substantial online support.

    Shareholders are also seeking opportunities to obtain a company’s own documents and policies (not all of them public) and hold them to account against a particular activist agenda. This approach has seen shareholders seek preliminary discovery of documents relating to the target company’s internal risk management framework. More recently shareholders have used document inspection powers under the Corporations Act to seek to obtain the target company’s internal documents relating to its climate exposure, as well as human rights issues.

    How to prepare

    Campaigns can be launched without warning and escalate quickly. All companies should take steps to prepare, even if they aren’t anticipating being a target. To be able to be decisive and act swiftly, companies should:

    • actively monitor securities trading and share registers for any early signs of stakes being accumulated;
    • ensure public-facing documents clearly and consistently articulate the company’s strategy;
    • proactively communicate with stakeholders regarding the company’s strategies and values, particularly around points that could be open to challenge, such as operational costs, executive remuneration, ESG related performance and regulatory compliance;
    • consider the breadth of their ESG related public commitments and statements and areas that may be open to scrutiny based on gaps in practice against those commitments or trends in stakeholder activism focus areas;
    • undertake training exercises and work through scenarios with the board and senior leadership to be familiar with how a campaign could play out and potential responses; and
    • have standing appointments for financial, legal and other specialist advisers (such as communications experts) that can be called on quickly if the need arises.

    MIL OSI News –

  • MIL-OSI New Zealand: Government undermines public service with WFH crackdown

    Source: Green Party

    The Green Party says the Government’s retrograde move to tighten up on Work from Home arrangements is the latest in a series of blows to the Public Service.

    “This is shallow soundbite policy and a cheap shot to a public service that is being gutted by the Government,” says the Green Party Spokesperson for the Public Service, Francisco Hernandez.

    “Our public service needs to be supported so it can support our communities. Undermining our public servants at every opportunity will only lead to an erosion of the services we all rely on. 

    “We saw firsthand during the pandemic the benefit of flexible work arrangements and how they can support people to achieve a better work life balance, being beneficial to productivity and morale. 

    “This gimmick Government wants to take us back to the pre-internet days when we lacked the flexibility to adopt working arrangements that work for our workers. This Government quite clearly mistrusts and undervalues the public service. 

    “How can the Government claim this is about improving the performance of the public service when it has repeatedly punched down on our public servants? 

    “It is laughable for the Prime Minister to claim that this will be good for the Wellington CBD when his Government has cut almost 7,000 public service jobs, which has had devastating down-stream effects to the local economy. 

    “If we want to reinvigorate the heart of our cities, we need to support public and active transport, bolster our urban density and stop gutting public services, slashing jobs and cutting incomes.

    “Public servants should have the right to safe, decent and meaningful work that affords them the right balance of working from home and from the office. This should be a discussion between employers and employees, not something that is dictated by Nicola Willis.  

    “The Greens would reform our employment laws for all workers in New Zealand to enable flexible working arrangements, including working from home,” says Francisco Hernandez.

    MIL OSI New Zealand News –

  • MIL-OSI China: China, Nepal launch joint army training in Chongqing

    Source: China State Council Information Office 3

    A joint army training, co-organized by Chinese and Nepali militaries, kicked off Sunday in southwest China’s Chongqing Municipality.

    This is the fourth iteration of joint training between the two militaries, with the previous session held in 2019.

    Under the theme of “joint counter-terrorism operations in urban blocks,” the joint training will include small arms shooting in special operations, counter-terrorism squad tactics, drone operations, emergency rescue, and comprehensive counter-terrorism exercises.

    The training will last until Oct. 1. In addition to joint exercise sessions, the two militaries will engage in research and exchange on disaster reduction and relief in earthquakes, avalanches and landslides.

    A series of cultural exchange activities will also take place during the training to enhance mutual trust and understanding.

    MIL OSI China News –

  • MIL-OSI Australia: Single-vehicle traffic crash, Grove

    Source: Tasmania Police

    Single-vehicle traffic crash, Grove

    Monday, 23 September 2024 – 4:30 pm.

    Sadly, a 66-year-old man has died following a single-vehicle crash at Grove in the states South.
    Police and emergency services were called to the scene about 2.00pm this afternoon.
    Initial inquiries indicate the man, who was the sole occupant of the vehicle, has experienced a medical episode.
    Our thoughts are with the man’s family and loved ones.
    A report will be prepared for the coroner.

    MIL OSI News –

  • MIL-OSI Submissions: Nigeria: fears of disease outbreaks grow in Maiduguri following severe flooding

    Source: Médecins Sans Frontières/Doctors Without Borders (MSF)

    Maiduguri, Borno state, 23 September 2024 – Médecins Sans Frontières/Doctors Without Borders (MSF) is highly concerned about the significant risk of malaria and waterborne diseases, including cholera, following the recent flooding that has inundated vast parts of Maiduguri. in north-eastern Nigeria. MSF fears that this crisis could increase the levels of malnutrition in the area and calls for urgent additional support, especially in terms of water, sanitation, and medical care, to protect people already heavily impacted by long-term insecurity and unprecedented levels of malnutrition.

    On 10 September, heavy rain caused the Alau Dam in Borno State to overflow, leading to major floods in and around the city of Maiduguri. The deluge heavily impacted houses, markets, fields, livestock, and several health facilities. According to Borno State authorities, close to 400,000 people have been registered in 30 makeshift displacement sites.[1] Most of the sites are schools with too few latrines, and a lack of safe drinking water.

    “We are very concerned about the precarious living conditions and the potential outbreaks of cholera and malaria”, says Dr Issaley Abdel Kader MSF Head of mission in Nigeria. “The number of children affected by malaria and acute watery diarrhoea had already started to increase before the flooding, and we have seen some with clinical signs of cholera since the floods. We are afraid that the number of cases will rise without an increase in medical and humanitarian support, particularly support for water, sanitation and hygiene services.”

    Last week, MSF teams visited several displacement sites (Galtimari, Yerwa, Ali Sheriff, Vocational Enterprise Institute, Teachers Village) to assess people’s needs and start the provision of essential services such as access to water through water-trucking and water tanks, the installation and repair of latrines, and the distribution of mosquito nets. Teams are also running outpatient consultations in the sites, including mental health support, and referring critical patients to the facilities we support. Given the risks posed by malaria and cholera, MSF is also planning to expand the paediatric facility it supports by 100 beds and have begun setting up a cholera treatment centre that can be increased to a 100-bed capacity, if needed.  

    The Borno State government has announced the closure and merging of most displacement sites in the coming days. They plan to keep three main sites to accommodate people who still have no place to stay for one more week, and a mass cholera vaccination is upcoming.

    “All parties involved in the humanitarian response must continue providing assistance to the people affected by the floods as long as it will be necessary and ensure immediate and easy access to medical care for those who need it. The closure of most sites means that many will find themselves in a very vulnerable situation. For those remaining in the sites, prompt action must be taken to swiftly improve hygiene conditions, including access to latrines, safe water and mosquito nets”, says Dr. Issaley.

    Support for communities won’t just be needed at the new displacement sites. Well before the flooding, the entire population of Maiduguri was already facing huge challenges, including one of the worst malnutrition crises recorded in northeast Nigeria. In the past months, hundreds of severely malnourished children have been admitted every week into MSF’s nutritional care hospital.

    “Admissions to the nutritional facilities had just started to reduce when the flooding occurred”, says Dr. Ashok Shrirang Sankpal, deputy medical coordinator MSF Nigeria. “With markets and businesses heavily impacted, the harvest damaged and livestock washed away, there is huge concern that admissions will start to rise again.”

    This is the second time in just a few weeks’ that MSF has had to launch emergency responses linked to flooding in northern Nigeria. In August in Gummi, Zamfara state, homes and farms were destroyed and thousands left newly displaced by severe flooding. Like Maiduguri, people in this area already face significant challenges, including malnutrition, persistent insecurity and lack of access to healthcare. MSF teams have been supporting communities in Gummi over the last few weeks by delivering clean drinking water, repairing boreholes and delivering kits which include plastic sheets for temporary shelter and mosquito nets.

    [1] Nigeria: Floods – Maiduguri (MMC) and Jere Floods Flash Update 3 (18 September 2024) – Nigeria | ReliefWeb

    MSF Australia was established in 1995 and is one of 24 international MSF sections committed to delivering medical humanitarian assistance to people in crisis. In 2022, more than 120 project staff from Australia and New Zealand worked with MSF on assignment overseas. MSF delivers medical care based on need alone and operates independently of government, religion or economic influence and irrespective of race, religion or gender. For more information visit msf.org.au  

    MIL OSI – Submitted News –

  • MIL-OSI United Kingdom: SNP must rethink rail fare hike

    Source: Scottish Greens

    23 Sep 2024 Transport Climate Action

    Peak rail fares are an unfair tax on people who have no say when they need to travel for work or study.

    More in Transport

    The SNP must reconsider its decision to bring back punishing and unfair peak rail fares, say the Scottish Greens.

    The party’s transport spokesperson, Mark Ruskell MSP, has branded it “a disaster for commuters and our climate”, urging the SNP to make off peak all day fares permanent.

    The scheme to remove peak rail fares was secured in October 2023 by the Scottish Greens as part of the party’s time in government. The SNP will be reintroducing peak fares at the end of this week.

    Mr Ruskell said: “The return of peak rail fares will be a disaster for commuters and our climate. Rail users in Scotland already pay some of the highest fares in Europe.

    “We need to reduce the number of cars on our roads if we are to hit our climate targets, but we can’t encourage people to make the switch to rail if we are making trains even more expensive.

    “Ending peak fares is something that the Scottish Greens were proud to work with campaigners and trade unions to achieve during our time in government. It has helped thousands of workers and families who have no say in when they need to travel for work or study.

    “Cheaper, greener railways have a key role to play in boosting public transport and protecting our planet. The cost of removing peak fares is a fraction of what is being spent every year on major road building projects.

    “Even at this late stage, I urge the Scottish Government to think again, and to scrap peak fares for good.”

    MIL OSI United Kingdom –

  • MIL-OSI Europe: In 2023, one in every four single-family houses was equipped with a heat pump.

    Source: Switzerland – Department of Home Affairs

    Neuchâtel, 23.09.2024 – Switzerland had 1.79 million residential buildings and 4.79 million dwellings in 2023. 37% of buildings were heated by oil and 17% by gas. 21% of buildings were equipped with heat pumps, a fivefold rise since 2000. One single-family house in four is equipped with a heat pump. These are some of the results from the Building and Dwelling Statistics compiled by the Federal Statistical Office (FSO).

    This press release and further information on this topic can be found on the FSO website (see link below)

    Address for enquiries

    Info StatBL, BFS, Population section, tel.: +41 58 467 25 25, e-mail: info.gws@bfs.admin.ch

    Publisher

    Federal Statistical Office
    http://www.statistics.admin.ch

    MIL OSI Europe News –

  • MIL-OSI Australia: Charges – Stolen motor vehicle and pursuit – Greater Darwin Region

    Source: Northern Territory Police and Fire Services

    Northern Territory Police have arrested a 32-year-old male in relation to an aggravated robbery in Stuart Park earlier today.

    Around 12:00pm, police received reports that a man had allegedly threatened multiple people with an edged weapon at a business on the Stuart Highway.

    A short time later, the offender attended a business on Presley Street and allegedly threatened a staff member with an edged weapon before stealing a vehicle and fleeing the scene.

    The stolen vehicle was later reported to be driving erratically outbound on the Stuart Highway.

    General Duties and Road Policing Units located the vehicle stationary on Gunn Point Road before it drove directly at them at 150km per hour. Members were able to take evasive action to avoid a collision.

    Police then deployed additional units including Dog Operations Unit, TRG and a helicopter to form a coordinated response to locate the offender on the ground.

    The offender had abandoned the stolen vehicle and fled into nearby bushland.

    The 32-year-old was arrested in nearby bushland at Gunn Point by TRG with an edged weapon on his person and tested positive to methamphetamine. 

    He has been charged with the following:

    • 2 x Assault with intent to steal.

    • 3 x Aggravated Robbery
    • 1 x Theft
    • 2 x Recklessly endangering life
    • 1 x Driver with prohibited drug in body
    • 1 x Driver drive under influence of drugs
    • 1 x Drive manner dangerous.
    • 1 x Drive Motor vehicle unsafe to drive.
    • 1 x Cross double white lines.
    • 2 x Person cause bushfire.

    He is remanded to appear in Darwin Local Court Tuesday 24 September 2024.

    Detective Acting Senior Sergeant Trent Abbott said, “I would like to commend all the officers involved in the apprehension of this individual.

    “This man’s actions are reprehensible and could have caused serious damage or loss to life.

    “His arrest almost certainly prevented further offending.

    “We take a zero-tolerance approach to this type of behaviour, so if you conduct yourself in this way, you can expect to be prosecuted.

    “This man will be no exception.”

    MIL OSI News –

  • MIL-OSI Russia: NSU publications are recognized as the best at interregional and all-Russian book competitions

    MIL OSI Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    In mid-September, the award ceremony for the winners and prize-winners of the Interregional Competition “Book of the Year: Siberia – Eurasia – 2024” took place on the main stage of the “Book Siberia” festival. This year, the competition was held for the eighth time, and all these years it has successfully achieved the goals set before it: support for publishers, innovative ideas and practices in the field of literature, book publishing, popularization of books and reading among the population, in scientific, educational and cultural circles. The winner in the nomination “Best educational book” was the textbook “Course in Computational Physics” by Academician M. P. Fedoruk, published by the Publishing and Printing Center (PPC) of NSU. In total, about two hundred publications from different cities of Russia participated in the competition.

    NSU has consistently been the leader of the All-Russian competition of scientific and educational publications “University Book” from year to year. The geography of the competition is vast; this year it was held in Yekaterinburg at the Ural Federal University. More than 500 publications took part in the competition, and the geography of the competition covered 37 cities of the Far East, Siberia, the Urals, the European part of Russia, and the Republic of Belarus. Books of the Publishing and Printing Center of NSU received three certificates and five diplomas in the following nominations: “Best Scientific Publication in Earth Sciences”, “Best Scientific Publication in Economics and Management”, “Best Scientific Publication in Historical Sciences”, “Best Scientific Publication in Culture and Art”, “Best Educational Publication in Physics and Mathematics and Programming”, “Best Educational Publication in Natural Sciences”, “Best Scientific Publication in Philology”, “Best Biographical Publication”.

    NSU publications were also highly appreciated at the oldest all-Russian competition “Best Books of the Year” of the Association of Book Publishers of Russia (ASKI). In 2024, more than 700 publications from all over Russia were submitted to the competition. N. I. Krasnyakov (“Best publication in the field of humanitarian knowledge”) and M. P. Fedoruk (“Best educational publication for higher education”) were awarded diplomas.

    — If we talk about the All-Russian ASKI competition “Best Books of the Year”, it is the most prestigious and significant. We managed to win diplomas in 2017, 2023, 2024. In other years, our university’s publications were consistently included in the competition’s long list, and this is no more than 10 publications in a nomination. Every year, university teachers present worthy, high-level publications. The publishing house’s staff does everything to ensure that these works receive the best editorial preparation and design. We are very proud that the work of the authors and the Publishing and Printing Center not only bears fruit in the educational and scientific environment, but is also highly appreciated in professional competitions, — noted Dmitry Shamov, Director of the NSU IPC.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.nsu.ru/n/media/nevs/science/NSU publications-recognized-the-best-at-interregional-and-all-Russian-book-competitions/

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

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Dance drama “Awakening Lion” to showcase charm of Lingnan culture in Hong Kong in October (with photos)

    Source: Hong Kong Government special administrative region

    　　The Leisure and Cultural Services Department (LCSD) has invited the Guangzhou Song and Dance Theatre to perform in October its grand Chinese dance drama “Awakening Lion”, a production that won the Lotus Award, China’s highest award for dance. Set against the backdrop of the Sanyuanli Anti-British Uprising in Guangzhou during the Opium War, the lion dancers of the day look back at their predecessors and retrace the history of a century ago, showcasing the inheritance of national spirit that has been passed down through generations, and allowing the audience to experience the charm of Lingnan culture. The programme is part of the 4th Guangdong-Hong Kong-Macao Greater Bay Area Culture and Arts Festival and the Guangzhou Culture Week.
     
    　　The “Awakening Lion” is the first dance drama on the Mainland featuring Guangdong lion dancing, a representative item of the national intangible cultural heritage. With “awakening” as its spirit and “lion” as its form, the production reflects the awakening of Chinese national identity. It depicts two teenage lion dancers who achieve self-awakening and growth while making various life decisions involving the emotional dynamics and the righteous cause of the nation. In terms of artistic style, the dance drama shows strong characteristics of South China and indigenous features of old Canton. By integrating innovative elements and multimedia technology, together with music and costumes rich in regional characteristics, the staging exudes both modern appeal and visual impact.
     
    　　In terms of choreography, “Awakening Lion” is a fusion of Chinese dance and traditional lion dance. It incorporates the stances of Nanquan (southern-style boxing) and the difficult movements of southern lion dance, such as falling forward, tumbling, leaping and “picking the greens”, into its dance vocabulary. It also blends various southern Guangdong intangible cultural heritages elements, such as Nanquan, Choy Li Fut-style martial arts, wooden fish songs, Yingge dance and big head buddha, to fully realise the creative transformation and innovative inheritance of outstanding traditional culture, and to demonstrate the culture of Lingnan and the spirit of the Bay Area. The production has won the 11th China Dance Lotus Award for Dance Drama and the 11th Five One Project Award. Since its premiere in 2018, it has toured the Mainland, giving over 250 performances, and has been well received by audiences. This time, principal dancers of the Theatre, Iliwan Umar, Pang Guanyu, Liang Qiqi, Li Ao and more, will participate in the Hong Kong performances.
     
    　　The story is about an impoverished boy, Xing, and a wealthy young man, Long, who are preparing for a lion dance competition in the Sanyuanli village of Guangzhou. One day, they have a fight in a teahouse. Xing wins by a narrow margin, and Long is not convinced. Long’s sister, Feng’er, is secretly in love with Xing, while Xing’s mother is against her son’s participation in the lion dance competition. On the day of the competition, the invaders attack the Guangzhou city. Putting aside their grudges, Xing and Long join together with the villagers to fight against the foreign enemies.
     
    　　The Guangzhou Song and Dance Theatre, formerly known as the Guangzhou Song and Dance Troupe, was founded in 1965. The Theatre upholds the development philosophy of “repertoire as basics, talent as drive, and market as booster”, and has created a number of masterpieces, including the dance drama “Awakening Lion”, “Loong”, “Yingge”, “Xinghai．Yellow River” and dance epic “Guangzhou in the Old Days”, etc. It has won numerous top awards, and has received attention and praise from all walks of life.
     
    　　Guangzhou Culture Week: Dance Drama “Awakening Lion” by Guangzhou Song and Dance Theatre will be held at 8pm on October 26 (Saturday) and at 3pm on October 27 (Sunday) at the Auditorium of Sha Tin Town Hall. Tickets priced at $200, $260, $340 and $420 are now available at URBTIX (www.urbtix.hk). For telephone bookings, please call 3166 1288. Discount schemes including a Guangzhou Culture Week package discount, group booking discount and concessionary tickets are available for the programmes under the Guangzhou Culture Week (including A New Cantonese Opera “Princess Wencheng” by Guangzhou Cantonese Opera Theatre Company on October 22 and 23). An additional early bird discount is available until September 26 for purchasing the above-mentioned programmes through any of the discount schemes. For programme enquiries and concessionary schemes, please call 2268 7323 or visit www.lcsd.gov.hk/CE/CulturalService/Programme/tc/dance/programs_1768.html.

    　　The programme will feature a dance workshop (conducted in Putonghua) in which participants will get a taste of the dance and martial arts elements of the performance by learning selected scenes guided by the theatre’s dancers. The workshop will be held at 7.30pm on October 25 (Friday) at the Podium Workshop of the Hong Kong Cultural Centre. Tickets priced at $200 are now available at URBTIX. For details, please refer to the above-mentioned website.
     
    　　A number of free extension activities will be organised for this programme. A pre-performance talk entitled “From lion dance to ‘Awakening Lion’ – A sharing on innovation and integration of intangible cultural heritage elements in the creation of dance drama” (in Putonghua) will be held at 7.30pm on October 24 (Thursday) at AC1, 4/F, Administration Building, Hong Kong Cultural Centre. The speakers include chief choreographers Qian Xin and Wang Sisi, as well as the main cast. In addition, a backstage tour (in Putonghua) will be held at 4.30pm on October 26 (Saturday) at the Auditorium of Sha Tin Town Hall, with free admission for ticket holders of the performance of “Awakening Lion”. Participants will be able to enjoy an exclusive pre-performance access to the backstage of “Awakening Lion” to take photos and explore the stage with sets and props with Lingnan characteristics. Online registration is required (www.lcsd.gov.hk/CE/CulturalService/Programme/tc/dance/programs_1768.html#tab_7_0) for both the pre-performance talk and backstage tour on a first-come, first-served basis.
     
    　　The LCSD will hold the “Guangzhou Culture Week” Programme Exhibition from October 8 to 27 at the Foyer of Sha Tin Town Hall. The exhibition will feature the costumes and props of the Cantonese opera “Princess Wencheng” and dance drama “Awakening Lion”. Admission is free. Members of the public are welcome to join on the spot. The Guangzhou Culture Week is jointly presented by the LCSD and the Guangzhou Municipal Culture, Radio, Television and Tourism Bureau.
     
    　　Hong Kong is the host city of the Guangdong-Hong Kong-Macao Greater Bay Area Culture and Arts Festival for the first time. It organises and co-ordinates over 260 performances and exchange activities to be held across the “9+2” cities of the Greater Bay Area. The festival aims to showcase the vibrant and diverse cultural richness of the region and foster cultural exchanges and co-operation among the cities. For detailed information about the festival, please visit www.gbacxlo.gov.hk.               

    MIL OSI Asia Pacific News –

  • MIL-OSI Translation: 500 Years of the Three Leagues Free State – Exactly 500 Years Ago: The Three Leagues Seal Their Union

    MIL OSI Translation. Region: Italy –

    Source: Switzerland – Canton Government of Grisons in Italian

    Exactly 500 years ago, on 23 September 1524, the Three Leagues, namely the Grey League, the Caddean League and the League of Ten Jurisdictions, united to form the Free State of the Three Leagues and affixed their seals to the League Charter. From this aggregation, the Canton of Graubünden was created over time. In addition to numerous activities for the people of Graubünden, the Government is celebrating this historic event with guests from Switzerland and abroad.

    On 23 September 1524, three leagues united, forming an independent state and laying the foundation for today’s Canton of Graubünden. This event is attested by the League Charter. This is a document bearing the seals of the Three Leagues and those of the Lord of Rhäzüns and the Abbot of Disentis. The Bishop of Chur joined later. The document is now kept in the State Archives of Graubünden. The most important provision is that no League may start a war without the consent of the others. The League Charter also guarantees mutual aid and assistance, the protection of roads and free trade. The central units of the Three Leagues are the jurisdictional municipalities, with their own jurisdiction. In the event of disputes, conciliation procedures are provided for. All this is agreed “forever”, without time limits.

    Graubünden had long been linked to the Confederation as an allied country. In 1799, the Free State was forcibly integrated into the Helvetic Republic, and since 10 March 1803, Graubünden has been part of Switzerland as a Canton. At that time, Switzerland was still a Confederation of States, which left extensive powers to the Cantons. However, an independent foreign policy was no longer possible.

    Government celebrates with guests In the anniversary year 2024, numerous events will allow you to see and experience the history of the Canton of Graubünden. In addition to projects and activities in all language regions, the Government of the Canton of Graubünden has invited the Federal Council, guests from neighboring countries and cantons, and numerous representatives of various institutions in Graubünden to Lantsch/Lenz for an anniversary event on Saturday, 21 September 2024.

    After the welcome speech by the Prime Minister Jon Domenic Parolini, Federal Councillor Elisabeth Baume-Schneider addressed the government and the guests. The guests were then introduced to the open-air theatre performance «1524» by Origen director Giovanni Netzer and were able to experience the first performance on the plateau in a spectacular setting. The event was rounded off with a sumptuous aperitif, created by the renowned chef Hansjörg Ladurner and served by hotel communication specialists in training at the EHL Passugg hotel school.

    Open-air theatre performance «1524»Origen’s open-air theatre performance tells the story of the foundation of the Free State at the beginning of the 16th century. The country and the lives of the people are exposed to the lust for power of individual «great lords». A narrator, inspired by the historical figure of Gian Travers, guides the audience through the performance and interprets the era. Like a diary, he recalls the events of his life, which take shape on stage. A large ensemble of amateurs and professionals moves across the stage. In the lively performance, the performers engage with the history of Graubünden and reflect on the future of the Free State and the future Canton.The stage, a refined wooden structure, stands within a gentle arena created by nature. A high, irregular framework of dancing triangles supports the open roof. The theatre opens onto the unspoiled landscape on all sides.

    Further information on the performance and advance tickets are available at www.origen.ch/theater. Performances from today until October 12, at 6:30 pm.

    Other activities for the JubileeThe numerous activities in all linguistic regions continue and can be consulted at https://500.gr.ch/it.

    The site also features a chronological representation of historical events: https://500.gr.ch/chronologie

    Attached images:

    The Government in corpore with the League Charter (Photo: Mattias Nutt)

    Link to photos of the jubilee event (©Mattias Nutt)

    Contact persons:

    Questions about the 500th anniversary celebrations:

    Prime Minister Dr. Jon Domenic Parolini, Director of the Department of Education, Culture and Environmental Protection, e-mailJondomenic.Parolini@ekud.gr.ch
    Daniel Camenisch, Project Manager 500 Years of the Three Leagues Free State, Tel. 41 78 659 63 60, e-mailcamenisch@vinavant.ch

    Questions about the open-air theatre performance «1524»:

    Dr. Giovanni Netzer, author and director of the open-air theatre performance, director of Origen, tel. 41 81 637 16 81, e-mailinfo@origen.ch; g.netzer@origen.ch

    Competent body: Department of Education, Culture and Environmental Protection

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

    MIL Translation OSI

  • MIL-OSI Asia-Pac: HKMA commences Phase 2 of e-HKD Pilot Programme and expands Project e-HKD to explore new forms of digital money

    Source: Hong Kong Government special administrative region

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

         The Hong Kong Monetary Authority (HKMA) today (September 23) commenced Phase 2 of the e-HKD Pilot Programme (Phase 2) to delve deeper into innovative use cases for new forms of digital money, including e-HKD and tokenised deposits, that can potentially be used by individuals and corporates. As Project e-HKD expands its coverage from e-HKD only to a more comprehensive exploration of the digital money ecosystem, the project has been renamed as Project e-HKD+, reflecting the evolving fintech landscape and the HKMA’s commitment to unlocking the full potential of digital money.

         The e-HKD Pilot Programme is an integral part of Project e-HKD+. Under Phase 2, 11 groups of firms from various sectors have been selected to explore innovative use cases for e-HKD and tokenised deposits across three main themes, namely settlement of tokenised assets, programmability and offline payments (see Annex). The selected firms will also examine the commercial feasibility, within a real-world setting, of new forms of digital money that may potentially be accessible to individuals and corporates.

         The outcome of Phase 2 will help the HKMA understand the practical issues that may be faced in designing, implementing and operating a digital money ecosystem that comprises both publicly and privately issued digital moneys. Project e-HKD+ will continue to advance the technology and legal groundwork to support the potential issuance of an e-HKD for the use of individuals and corporates in the future.

         The HKMA will also establish the e-HKD Industry Forum to provide a collaborative platform for participating institutions to discuss common issues and further explore the possible implementation and adoption of new forms of digital money in a scalable manner. Under the Forum, industry-led working groups will be established to make recommendations on specific topics, with an initial focus on issues related to programmability.

         Similar to Phase 1, an e-HKD sandbox will be made available to pilot participants to accelerate their prototyping, development and testing of use cases. The HKMA will work closely with the selected firms in the next approximately 12 months in conducting Phase 2, with the aim of sharing the key learnings from Phase 2 with the public by the end of 2025.

         The Chief Executive of the HKMA, Mr Eddie Yue, said, “Project e-HKD+ signifies the HKMA’s commitment to digital money innovation. The e-HKD Pilot Programme has provided a valuable opportunity for the HKMA to explore with the industry how new forms of digital money can add unique value to the general public. The HKMA will continue to adopt a use-case driven approach in its exploration of digital money. We look forward to working closely with industry participants in Phase 2 to co-create various innovative use cases.”

    MIL OSI Asia Pacific News –

  • MIL-OSI Australia: 209-2024: Scheduled Service Disruption: Friday 27 September to Sunday 29 September 2024 – BICON, DAFF messaging, SeaPest

    Source: Australia Government Statements – Agriculture

    23 September 2024

    Who does this notice affect?

    All clients required to use the department’s Biosecurity Import Conditions System (BICON) during this planned maintenance period.

    All clients submitting the below declarations:

    • Full Import Declaration (FID)
    • Long Form Self Assessed Clearance (LFSAC)
    • Short Form Self Assessed Clearance (SFSAC)
    • Cargo Report Self Assessed Clearance (CRSAC)
    • Cargo Report Personal Effects (PE)

    …

    MIL OSI News –

  • MIL-OSI United Kingdom: Highland Council By-elections for Wards 6 & 14 – Voters urged to make sure their vote counts

    Source: Scotland – Highland Council

    Issued on behalf of the Returning Officer

    Polling will take place on Thursday 26 September 2024 to fill the two vacant seats for The Highland Council’s Cromarty Firth ward and the one vacant seat for the Inverness Central Ward. Voters are being reminded to be ready to make their vote count.

    The single transferable vote system will be used. Instead of using a cross, voters should number the candidates in the order of their choice, putting a number 1 in the box next to the name of the candidate who is their first choice, 2 in the box next to their second choice and so on. Voters can mark as many choices as they wish.

    Postal packs have been despatched to those registered electors that submitted a form by the postal vote deadline.  Further guidance on how to complete your postal pack is available here 

    Anyone who has requested a postal vote will not be able to vote in person at a polling station. If you are unable to post it in time, it is possible to hand in your completed postal pack into any of the polling stations located within wards 6 and 14 between 7am and 10pm on Thursday 26 September 2024. There are no restrictions on the number of postal votes that can be handed in to a polling station.

    For those opting to vote in person on Thursday 26 September 2024, polling stations will be open from 7am until 10pm. Voters are reminded to check their poll cards as this will have details of where they need to go to cast their vote.

    For those opting to vote in person on Thursday 26 September 2024, polling stations will be open from 7am until 10pm. People are reminded to check their poll cards as this will have details of where they need to go to cast their vote. There is no requirement to bring any form of voter ID.

    The confirmed candidates standing for election to Ward 6 – Cromarty Firth are:

    • Ryan BARROWMAN – Scottish Greens
    • Sinclair COGHILL – Independent
    • Richard James CROSS – Independent
    • John EDMONDSON – Scottish Liberal Democrats
    • Brideen GODLEY-MACKENZIE – Independent
    • Kim HANNING JACKSON – Reform UK
    • Roland HANNING JACKSON – Reform UK
    • Odette MACDONALD – Scottish National Party (SNP)
    • Tina MCCAFFERY – Independent
    • Innes MUNRO – Scottish Conservative and Unionist
    • Michael PERERA – Scottish Labour Party
    • Martin RATTRAY – Independent

    The confirmed candidates standing for election to Ward 14 – Inverness Central are:

    • Andrew BARNETT – Scottish Greens
    • Michael GREGSON – Scottish Labour Party
    • Chris LEWCOCK – Scottish Liberal Democrats
    • Martin MACGREGOR – Scottish National Party (SNP)
    • Donald MACKENZIE – Scottish Conservative and Unionist
    • Iain RICHMOND – Reform UK

    The electronic election counts for both wards will take place on Friday 27 September 2024 starting at 9.00am. People will be able to follow the count and watch the declaration of the results live via the Council’s social media channels – @highlandcouncil

    All information about the by-election, including answers to frequently asked questions and short video clips to show how to vote is available by visiting the Council’s website  

    23 Sep 2024

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: Registration and nomination invited for Labour Advisory Board Election of Employee Representatives

    Source: Hong Kong Government special administrative region

         The Labour Department (LD) is inviting employee unions registered under the Trade Unions Ordinance (TUO) to register as electors, appoint authorised representatives to vote and nominate candidates for the 2025-2026 Labour Advisory Board (LAB) Election of Employee Representatives.

         “Registration as electors, appointment of authorised representatives and nomination of candidates start today (September 23) and will close on October 15, 2024 (Tuesday),” a spokesman for the LD said.

         The LAB is a tripartite consultative body comprising representatives of employees and employers to advise the Commissioner for Labour on labour matters. The current term of the LAB will end on December 31 this year. An election of five employee representatives to the LAB for its next two-year tenure, ending December 31, 2026, will be held at Mei Foo Community Hall, 1/F, Mei Foo Government Complex, on November 16 (Saturday) this year. Authorised representatives may cast their votes at the above polling station between 9am and 5pm.

         Employee unions registered as electors in the LAB elections held in 2006 or thereafter are only required to submit forms to appoint authorised representatives in order to vote in the election.

         “We have sent out today related forms and copies of the rules and procedures for the election to all employee unions registered under the TUO,” the spokesman said.

         Meanwhile, the LD has invited five employer associations to each nominate one representative to sit for the next tenure of the LAB as employer representatives. These associations are the Chinese General Chamber of Commerce, the Chinese Manufacturers’ Association of Hong Kong, the Employers’ Federation of Hong Kong, the Federation of Hong Kong Industries and the Hong Kong General Chamber of Commerce.

         Enquiries on matters relating to the above election can be made at 2852 4024.

    MIL OSI Asia Pacific News –

  • MIL-OSI Economics: 350 Students of Samsung Innovation Campus certified in Future-Tech Skills at Deen Dayal Upadhyaya Gorakhpur University in Presence of Shri Yogi Adityanath, Honourable Chief Minister, Uttar Pradesh

    Source: Samsung

     
    Samsung India’s flagship CSR initiative, the ‘Samsung Innovation Campus,’ (SIC) has concluded its Coding & Programming, Artificial Intelligence (AI), Big Data and Internet of Things (IoT) courses for 350 students in Gorakhpur at Deen Dayal Upadhyaya Gorakhpur University. The students were handed over certificates of completion by the Honourable Chief Minister of Uttar Pradesh, Shri Yogi Adityanath at a ceremony held at the University premises. This initiative reiterates the brand’s commitment to being a strong partner of the country and working alongside the government in its mission to skill India and power #DigitalIndia.
     
    Senior Samsung executives and representatives from the Electronics Sector Skills Council of India (ESSCI), which collaborated in training and mentoring the students were also present during the occasion. A total of 350 students were awarded certificates across various future-tech domains, including 150 in Coding & Programming, 100 in Artificial Intelligence, 50 in Big Data, and 50 in Internet of Things (IoT).
     
    Samsung will train 3500 students across India as part of this programme in 2024. At the conclusion of the 2024 programme top performers of Samsung Innovation Campus will be awarded a cash prize of INR 1 lakh and will have the chance to visit Samsung’s facilities in Delhi/NCR. During these visits, they will have the opportunity to engage with and receive mentorship from Samsung’s leadership team. Not just that, the national course toppers will also receive exciting Samsung products, including Samsung Galaxy Buds and Samsung Galaxy Smartwatches.
     
    “Samsung has been in India for around 29 years now and Uttar Pradesh has been a hub for manufacturing and research-led initiatives for Samsung during this time. We are a committed partner to the growth story of both India and Uttar Pradesh. Through Samsung Innovation Campus, our flagship CSR programme, we are committed to the mission of educating the youth of the nation in future-tech skills, which will strengthen our vision of powering Digital India,” said Mr. JB Park, President and CEO, Samsung Southwest Asia.
     
     “Skill development of the youth is a key priority of the Government of Uttar Pradesh. We welcome this initiative by Samsung that will impart employment-oriented future-tech skills to our students. Samsung has been a strong partner of Uttar Pradesh for many years, and this programme will further strengthen our bond,” said Shri Yogi Adityanath, Honourable Chief Minister of Uttar Pradesh.
     
     “This collaboration reinforces the shared vision of equipping India’s youth with the skills needed for the jobs of tomorrow. It is heartening to see the programme expand and reach a vast pool of young talent across the country, including those in remote areas. Through this initiative we want to empower the youth and create opportunities for them in domains like Coding & Programming, Artificial Intelligence, Big Data, and Internet of Things,” said Dr. Abhilasha Gaur, CEO, Electronics Sector Skills Council of India.
     
    Samsung Innovation Campus offers in-depth training across four key technology areas — AI, IoT, Big Data, and Coding & Programming. Students gain hands-on experience through capstone projects and soft skills training aimed at boosting their employability. The AI course participants undergo 270 hours of theory training followed by 80 hours of project work, while those enrolled in IoT and Big Data courses receive 160 hours of theory training and complete 80 hours of project work. Participants in the Coding & Programming course complete 80 hours of training and take part in a hackathon.
     
    The programme covers eight educational institutions across four states. In the northern region, training centres are established in Lucknow and Gorakhpur, besides two in Delhi NCR. In the southern region, which includes Tamil Nadu and Karnataka, training centres are located in Chennai and Sriperumbudur, in addition to two in Bengaluru.
     
    During the programme, participants will continue to receive instructor-led blended classroom and online training. Youth enrolled for the programme will undergo classroom and online training and complete their hands-on capstone project work in their selected technology areas in AI, IoT, Big Data and Coding & Programming.
     
    They will also be imparted soft skills training to enhance their employability. The participants are being mobilized through ESSCI’s training and education partners across India. The approach includes a combination of offline and online learning, immersive hackathons and capstone projects, as well as expert mentorship provided by Samsung employees.
     
    During 2023, Samsung Innovation Campus successfully trained 3000 students in future-tech courses. Samsung’s involvement in this initiative underscores its commitment to nation building through Corporate Social Responsibility (CSR) activities in India. It complements Samsung’s other CSR endeavours, including Samsung Solve for Tomorrow. Through these initiatives, Samsung aims to empower future leaders of India by providing them with the necessary education and skills to drive meaningful change.
     
    With the global CSR vision of ‘Together for Tomorrow! Enabling People’, Samsung Electronics is committed to provide education to young people around the world to empower the leaders of tomorrow. Read more stories on Samsung Electronics’ CSR efforts on our CSR webpage http://csr.samsung.com

    MIL OSI Economics –

  • MIL-OSI Video: WTO-ITC: Presentation of WEIDE Fund

    Source: World Trade Organization – WTO (video statements)

    The WTO and the International Trade Centre (ITC) on 11 September kickstarted at the WTO Public Forum the implementation of the Women Exporters in the Digital Economy (WEIDE) Fund, a global fund to help women tap into opportunities in international trade and the digital economy.

    Business organizations are now invited to apply:
    https://www.wto.org/english/tratop_e/womenandtrade_e/weide_e.htm

    Video produced by the ITC.

    https://www.youtube.com/watch?v=ztmykf24YKM

    MIL OSI Video –

  • MIL-OSI New Zealand: Three charged following two year investigation into New Zealand’s largest cocaine shipment

    Source: New Zealand Police (National News)

    Three people have been arrested and charged following an investigation into the largest cocaine shipment to ever reach New Zealand shores.

    It has been two years since the drugs were identified and seized at Tauranga port, and thanks to a joint investigation involving Police and Customs three people, all from Tamaki Makaurau were arrested last week. 

    Two men, aged 27 and 35, and a woman aged 41 are due to reappear in the Tauranga District Court Thursday 3 October on charges including importing cocaine, possessing cocaine for supply and participating in an organised crime group.

    These arrests are the result of a joint operation between New Zealand Customs and Police, dubbed Operation Bask.

    Op Bask was launched following the discovery of 725 kilograms of cocaine imported by boat into the Port of Tauranga on Friday 25 February 2022.

    Detective Inspector Tom Gollan of the National Organised Crime Group (NOCG) says: “The vessel had travelled from Ecuador, via Panama, with a container of produce loaded with cocaine, in a method known as ‘piggybacking’.”

    “Piggybacking involves controlled drugs being loaded into a container of legitimate product in an effort to avoid law enforcement,” Detective Inspector Gollan says.

    However, in this case the cocaine was very quickly detected and seized by Customs, and an investigation was launched by Customs investigators and detectives from the National Organised Crime Group.

    Today, the cocaine has an estimated street value of $253.75 million.

    More than two years later it remains the largest cocaine shipment to ever arrive on New Zealand shores, and if not detected, would have caused a huge amount of harm to the community.

    A breakthrough in the investigation was made recently, resulting in the three arrests.

    They have also been charged with a further importation of 30kgs of cocaine that arrived into the Port of Tauranga on 31 December 2021, again from Balboa in Panama.

    Customs’ Acting Investigations Manager, Nigel Barnes, says global intelligence networks and well-developed targeting methods are key to identifying and stopping this type of smuggling attempt.

    “We Identified the South American shipment as a potential risk before it arrived in Tauranga and that turned out to be the case resulting in the record cocaine seizure that we made,” Mr Barnes says. 

    “This joint operation has also provided both Police and Customs with further intelligence and insights which are clearly still producing results.

    “These arrests demonstrate the persistence and determination of NOCG detectives and Customs staff in disrupting the drug supply line.”

    Detective Inspector Gollan say Police are committed to seeing less drugs on our streets and ultimately less money going to those who intimidate and cause violence within our communities.

    “Police will continue to target those who supply drugs into our vulnerable communities, however we cannot do it alone.

    “If you see any unlawful or suspicious activity, please update us online now or call 105.”

    For assistance with drug and alcohol addiction there are several organisations available to assist, one of which is the Alcohol Drug Helpline: 0800 787 797 or online at: Alcohol Drug Helpline

    Facts
    •            725kg of cocaine imported into the Port of Tauranga via Panama on 25 February 2022
    •            Is the single largest cocaine shipment to New Zealand
    •            Street value of $253,750,000
    •            Total drug harm prevented $270,845,500
    •            Equivalent to 7,250,000 individual doses
    •            30kgs of cocaine imported into New Zealand into the Port of Tauranga on 31 December 2021, again via Panama.
    •            Street value of $10,500,000
    •            Total drug harm prevented $11,207,400
    •            Equivalent to 300,000 individual doses

    ENDS 

    Issued by Police Media Centre 

    MIL OSI New Zealand News –

  • MIL-OSI China: Governor Pan Gongsheng Addresses the 2nd Conference of China and Portuguese-Speaking Countries Central Bankers and Financiers

    Source: Peoples Bank of China

    The 2nd Conference of China and Portuguese-Speaking Countries Central Bankers and Financiers was held in the Macao Special Administrative Region (SAR) on September 23, 2024. Pan Gongsheng, Governor of the People’s Bank of China (PBOC), addressed the meeting. Governor Pan said that the Chinese economy is growing steadily. The PBOC will continue with the accommodative monetary policy stance, intensify and make monetary policy adjustments more targeted, and create a favorable monetary and financial environment for China’s stable economic growth and high-quality development. He noted that Macao has close connection with Portuguese-speaking countries. The PBOC will continue to support Macao in better leveraging its unique advantages and its role as a bridge, and support Macao’s endeavor to build a financial cooperation platform between China and Portuguese-speaking countries, and deepen mutually beneficial  cooperation on various fronts. Central bankers from different Portuguese-speaking countries exchanged their views on the financial cooperation between China and Portuguese-speaking countries, central bank’s role in economic development and financial stability, fintech, as well as other issues.

    Date of last update Nov. 29 2018

    2024年09月23日

    MIL OSI China News –

  • MIL-OSI China: Sri Lankan PM resigns following new president elected

    Source: China State Council Information Office

    Sri Lanka’s Prime Minister Dinesh Gunawardena submitted his resignation on Monday morning following Anura Kumara Dissanayake’s election as the country’s new president.

    In his resignation letter, Gunawardena stated that with the election of Dissanayake as the ninth executive president of Sri Lanka, he is stepping down in accordance with the country’s constitution.

    Gunawardena also extended his congratulations to Dissanayake on Sunday night, following his victory in the election.

    “I respectfully congratulate you on being elected as the 9th Executive President of the Democratic Socialist Republic of Sri Lanka in the presidential election held on Sept. 21, 2024,” he said in a statement.

    “I hope that you as the president will be able to provide welfare to the people by continuing the work we have done to recover and lift the country and the countrymen from the difficult and challenging situation Sri Lanka has faced,” he said in his message.

    MIL OSI China News –

  • MIL-OSI China: Governor Pan Gongsheng Meets with Ho Iat Seng, Chief Executive of Macao SAR

    Source: Peoples Bank of China

    On September 23, 2024, Pan Gongsheng, Governor of the People’s Bank of China (PBOC), met with Ho Iat Seng, Chief Executive of the Macao Special Administrative Region (SAR). They exchanged views on the financial cooperation between the Chinese mainland and the Macao SAR as well as other issues of mutual interest. Governor Pan noted that, Macao has successfully practiced the policy of “one country, two systems” and made remarkable achievements since its return to the motherland 25 years ago. The PBOC will continue to strengthen its financial cooperation with Macao, and support Macao’s endeavor to pursue a moderately diversified economy, promote modern financial services industry, and better integrate into China’s overall development.

    Date of last update Nov. 29 2018

    2024年09月23日

    MIL OSI China News –

  • MIL-OSI Translation: Swissmedic – Thuasne recalls Globe-Trotter walking sticks for people weighing more than 130 kg

    MIL OSI Translation. Government of the Republic of France statements from French to English –

    Source: Switzerland – Department of Foreign Affairs in French

    Federal Consumer Affairs Office

    Bern, 23.09.2024 – Thuasne is recalling certain models of “Globe-Trotter” walking sticks for people weighing more than 130 kg. There is a risk of the walking stick becoming deformed or breaking, which could lead to a fall and serious injuries. Affected patients should stop using the walking sticks immediately and return them to their supplier.

    What danger arises from the product concerned?

    There is a risk of the cane becoming deformed or broken, which could cause the patient to fall and suffer serious injury.

    Which products are affected?

    The following rods are concerned:

    – Globe-Trotter W2016021010 (blue)

    – Globe-Trotter W2016022010 (gray)

    – Globe-Trotter W2017021006

    What should affected consumers do?

    Persons weighing more than 130 kg should stop using the canes immediately and return them to their supplier. They can obtain a replacement or refund for the canes from the supplier.

    Patients weighing less than 130 kg may continue to use canes. However, these individuals should have the safety of their cane checked by their supplier.

    In doing so, they must take careful note of the information sent to suppliers by Thuasne (affix the sticker and add the addendum to the instructions for use).

    Address for sending questions

    If you have any questions, consumers can contact Thuasne SCL Export TFR: Telephone: 33 477 81 40 01 Email: sclexport@thuasne.fr URL: https://www.thuasne.com/

    Author

    Federal Office of Consumer Affairshttp://www.konsum.admin.ch/

    Social sharing

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

    MIL Translation OSI

  • MIL-OSI Translation: By 2023, one in four single-family homes was equipped with a heat pump

    MIL OSI Translation. Government of the Republic of France statements from French to English –

    Source: Switzerland – Department of Foreign Affairs in French

    Federal Statistical Office

    Neuchâtel, 23.09.2024 – Switzerland had 1.79 million residential buildings and 4.79 million dwellings in 2023. 37% of the buildings were heated by oil and 17% by gas. 21% of the buildings were equipped with heat pumps. The share of the latter has increased fivefold since 2000. One in four single-family homes is equipped with a heat pump. These are some of the results of the building and housing statistics, compiled by the Federal Statistical Office (FSO).

    You will find this press release and further information on this topic on the OFS website (see link below)

    Address for sending questions

    Info StatBL, OFS, Population Section, tel.: 41 58 467 25 25, e-mail: info.gws@bfs.admin.ch

    Author

    Federal Statistical Officehttp://www.statistique.admin.ch

    Social sharing

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

    MIL Translation OSI

  • MIL-OSI China: Announcement on Open Market Operations No.189 [2024]

    Source: Peoples Bank of China

    Announcement on Open Market Operations No.189 [2024]

    (Open Market Operations Office, September 23, 2024)

    In order to keep liquidity adequate at a reasonable level in the banking system at quarter-end, the People’s Bank of China conducted 7-day and 14-day reverse repurchase operations in the amount of RMB160.1 billion yuan and RMB74.5 billion through quantity bidding at a fixed interest rate on September 23, 2024, respectively. The rate on open market 14-day reverse repurchase operations equals that on the open market 7-day reverse repurchase operations plus 15 basis points. The details are as follows:

    Details of the Reverse Repo Operations

    Maturity

    Volume

    Rate

    7 days

    RMB160.1 billion

    1.70%

    14 days

    RMB74.5 billion

    1.85%

    Date of last update Nov. 29 2018

    2024年09月23日

    MIL OSI China News –

  • MIL-OSI China: Announcement on Central Bank Bill Issuance No.6 [2024]

    Source: Peoples Bank of China

    Announcement on Central Bank Bill Issuance No.6 [2024]

    (Open Market Operations Office, September 19, 2024)

    In order to enrich the spectrum of RMB-denominated financial products with high credit ratings and improve the yield curve of RMB bonds in Hong Kong, the People’s Bank of China (PBOC) is scheduled to issue the ninth batch of central bank bills in 2024 through the Central Moneymarkets Unit (CMU) bond tendering platform of the Hong Kong Monetary Authority (HKMA) on September 25, 2024 (Wednesday), in accordance with the Memorandum of Cooperation on Using CMU for Issuance of PBOC Bills, jointly signed by the PBOC and the HKMA.

    The ninth batch of bills are 6-month (182-day) fixed-rate coupon bonds with a total issuance of RMB25 billion. The principal and interest will be paid at maturity. The bills will begin to accrue interest on September 27, 2024 and will mature on March 28, 2025, unless postponed in the event of public holidays.

    The face value of each bill is RMB100. The issue will be placed by invitation for interest rate-bidding through Dutch auction.

    Date of last update Nov. 29 2018

    2024年09月19日

    MIL OSI China News –

  • MIL-OSI Russia: Skate park opened in Karelia with support from Bank “ROSSIYA”

    MIL OSI Translation. Region: Russian Federation –

    Source: Bank “RUSSIA” Russia Bank –

    Press Releases and Events

    09/23/2024

    Skate park opened in Karelia with support from Bank “ROSSIYA”

    Bank “ROSSIYA” supports projects that promote a healthy lifestyle: a modern skate park has opened in Sortavala, which will become a point of attraction for all lovers of active recreation and sports.

    The skate park is located near the Serdobol Youth Center, which has been promoting the development of children and youth for many years with the support of Bank ROSSIYA. Multifunctional areas for athletes of different levels of training and space, simulating street skating, have been created on 2,000 square meters.

    The structure consists of inclined side and radius figures. For beginner riders, there is a platform for learning basic tricks and a pump track for developing agility and endurance. Fans of amplitude tricks will enjoy a full-size funbox and a fly section – springboards for performing spectacular tricks in the air. A multifunctional double-sided ramp and an acceleration section allow you to create lines for unusual tricks and endless movement.

    For all internal structural elements, moisture-resistant plywood was used as a working surface for athletes to skate on, so that weather conditions could not affect the training process.

    The training will take place with a view of the largest lake in Europe – Ladoga. The sports ground has places for athletes and spectators to rest, fencing and lighting for training in the dark.

    Bank “ROSSIYA” considers it important to support projects aimed at improving the health of the population, and will continue to promote the growth of sports activity among young people.

    Reference:

    The Serdobol Youth Center is a unique space for children and young people in Sortavala, where you can have an interesting time with friends or family, gain new useful knowledge and skills, and implement your ideas and projects.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://abr.ru/about/nevs/13665/

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

    MIL OSI Russia News –

  • MIL-OSI China: Ancient rock painting site found in northwest China

    Source: China State Council Information Office 3

    An ancient rock painting site has been discovered in the Tongtian River basin in the source area of the Yangtze River in northwest China’s Qinghai Province, according to local authorities.

    The site is located on a cliff at an altitude of 4,094 meters in Chumarle County in the province’s Yushu Tibetan Autonomous Prefecture. The rock paintings of the site feature nomadic style of life on the grasslands in northern China, according to Jamyang Nyima, head of the Yushu research institute of history and culture.

    The new discovery will provide important evidence for studying the culture at the source of the Yangtze River, Jamyang Nyima said, adding that the date of the site has not yet been determined.

    So far, over 60 sites of nearly 10,000 rock paintings have been discovered in the Tongtian River basin, with the earliest dating back some 3,200 years.

    The rock paintings are rich in images. In addition to human figures, there are animal images such as yaks, deer, wolves, tigers, horses and camels, as well as images of two-wheeled vehicles, among other symbols. 

    MIL OSI China News –

  • MIL-Evening Report: More Australians are using their superannuation for medical procedures. But that might put their financial health at risk

    Source: The Conversation (Au and NZ) – By Neera Bhatia, Associate Professor in Law, Deakin University

    fizkes/Shutterstock

    A record number of Australians are accessing their superannuation early on compassionate grounds, mainly to fund their own medical procedures – or those of a family member.

    Some 150,000 Australians have used the scheme in the last five years. Nearly 40,000 people had applications approved in 2022-23, compared to just under 30,000 in 2018-19 – an increase of 47%.

    Some people think this flexible use of funds is a good way to ensure people can fund their own medical needs. But more transparency and better oversight is needed.

    What are compassionate grounds?

    Since July 2018, the Australian Tax Office has administered the early release of superannuation – meaning before retirement – under certain circumstances, including compassionate grounds.

    Compassionate grounds for you or your dependant (such as child or spouse) are:

    • medical treatment or transport
    • modifying your home or vehicle to accommodate special needs for a severe disability
    • palliative care for a terminal illness
    • death, funeral or burial expenses
    • preventing foreclosure or forced sale of your home.

    The medical treatment must be for a life-threatening illness or injury, or to alleviate acute or chronic pain, or acute or chronic mental illness.

    The treatment cannot be “readily available” through the public system. Cosmetic procedures are excluded.

    You also have to prove you cannot afford to pay part or all of the expenses without accessing your super, for example, by spending your savings, selling assets or getting a loan.

    People who can access other funding for the expense, such as via the National Disability Insurance Scheme, are ineligible.

    Why are people using this scheme more?

    The ATO has not explained what is driving the surge. General cost-of-living pressures may play a role. People may have fewer savings to draw on for medical procedures.

    But the treatments most commonly being accessed using superannuation – fertility treatments, weight loss surgeries and dental care – point to other systemic issues.

    There have long been issues with IVF and dental care not being readily available or funded in the public health system.

    Weight loss surgeries (including bariatric surgery) can help combat potentially life-threatening conditions such as heart disease. Recent research suggests there has been an overall drop in the number of Australians having bariatric surgeries since 2016. But of those, 95% are performed through the private system.

    Australians are increasingly turning to their super to fund dental care, which is not covered by Medicare.
    Pixabay/Pexels

    While early access to super can provide individuals access to critical treatment, there are issues with how compassionate grounds are defined and regulated.

    Lack of clarity

    As my co-author and I have shown, the vague wording of the Superannuation Industry regulations leaves them worryingly open to interpretation.

    For example, the meaning of “mental disturbance” is not defined.

    You may not meet the criteria of having an acute or life-threatening illness, or acute or chronic pain. But if you can show a certain condition causes you acute mental disturbance, you may qualify to release your superannuation early.

    People accessing their superannuation for IVF use this criterion, for example, by arguing they need to access funds to continue treatment and alleviate the acute mental distress caused by ongoing infertility issues.

    Two registered medical practitioners are each required to submit a report demonstrating the treatment is needed, and one must be a specialist in the field in which the treatment is required. However, the regulations do not specify clearly that the specialist should have relevant qualifications.

    In the IVF example, this means the specialist opinion can be provided by a fertility doctor rather than a mental health expert – and that person may stand to profit if they later also provide treatment.

    A closed-loop system

    Conflict of interest is another major issue.

    There is nothing in the regulations to stop a medical practitioner – such as a dentist – being involved in all steps and then financially benefiting. They could encourage a patient to access superannuation for a treatment, write the specialist report and then also receive payment for the treatment.

    Some clinics promote accessing superannuation as an option to pay for expensive treatments.

    This raises important questions about the independence of the process, as well as professional ethics.

    Medical practitioners making recommendations for early release of superannuation should be doing so on genuinely compassionate grounds. But the potential for exploitation remains an ethical concern, when a practitioner can financially benefit from recommending early access to nest egg funds.

    Transparency around potential conflicts of interest are impossible to ensure without proper oversight.

    What is needed?

    1. Mandatory financial counselling

    The ATO has warned accessing super early is not “free money”, with a spokesperson urging people to get financial advice. But the law should go a step further and make this compulsory. That way people making decisions during an emotionally charged moment can understand any future implications.

    2. Tightening of the criteria

    Greater clarity in the legislation – such as defining “mental disturbance” – would help prevent loopholes being exploited.

    3. Better oversight

    Less health-care industry involvement would promote greater transparency and independence. An independent body of medical practitioners could assess applications rather than practitioners who could financially benefit if applications are approved. This would help alleviate perceived and actual conflicts of interest.

    Accessing superannuation early may be the only option for some people to start a family or access other life-changing medical care. But they should be able to make this decision in a fully informed way, safeguarded from exploitation and aware of the implications for their future.

    Neera Bhatia receives funding from The UK Arts and Humanities Research Council for an unrelated project.

    – ref. More Australians are using their superannuation for medical procedures. But that might put their financial health at risk – https://theconversation.com/more-australians-are-using-their-superannuation-for-medical-procedures-but-that-might-put-their-financial-health-at-risk-239588

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Russia: Polytechnicians to manufacture direct laser growing complex for KER-Holding

    MIL OSI Translation. Region: Russian Federation –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    Peter the Great St. Petersburg Polytechnic University has signed an agreement with the Management Company “Complex Energy Development Holding” (KER-Holding) for the production of a direct laser growing complex.

    As part of long-term cooperation with KER-Holding, employees of the research laboratory “Laser and Additive Technologies” of the Institute of Mechanical Engineering, Materials and Transport (NIL “LiAT” IMMiT) SPbPU restored elements of imported and domestic gas turbine engines. Some of the repaired components have already worked for 12 thousand hours. After comprehensive studies, the parts were approved for further use.

    The laboratory staff demonstrated the ability to effectively solve the problems of restoring complex parts from superalloys. The developed technology significantly extends the service life of the equipment. The laboratory confirmed its reputation as a reliable partner in the field of restoring critical parts of power plants, – noted the director Institute of Mechanical Engineering, Materials and Transport Anatoly Popovich.

    As a result of fruitful cooperation, the partners chose SPbPU as a supplier of the direct laser growth installation. The sealed chamber of the technological complex is equipped with systems for creating, monitoring, maintaining and recirculating an inert atmosphere with excess pressure. The supply of equipment in the field of additive laser and welding technologies is carried out with a set of spare parts, personal protective equipment, transfer of the technological process, warranty and support.

    Documentary confirmation of long-term cooperation between our laboratory and KER-Holding is very important for each employee of the department. Signing the contract for the production of a direct laser growth complex once again emphasizes the high level of trust of industrial partners in our competencies in the field of laser and additive technologies, – emphasized the head of the Scientific Research Laboratory “LiAT” of the Institute of Metallurgy and Technology of St. Petersburg Polytechnic University Mikhail Kuznetsov.

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

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.spbstu.ru/media/nevs/partnership/polytechnics-will-produce-a-complex-direct-laser-growing-for-ker-holding/

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

    MIL OSI Russia News –