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Category: KB

  • MIL-OSI China: China unveils measures to boost financing for businesses

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

    BEIJING, Oct. 14 — China will step up financing support for enterprises by incorporating quality credibility into lending decisions, said Luo Wen, head of the State Administration for Market Regulation on Monday.

    Financial institutions will factor in a company’s quality management and brand reputation when evaluating loan applications, Luo said at a press conference, adding that the move is expected to improve businesses’ access to financing.

    Beyond traditional loans, China will also promote the use of equities, funds and bonds to create comprehensive financing channels for companies. The initiative aims to secure an additional 300 billion yuan (42.4 billion U.S. dollars) in quality-based credit approvals annually, benefiting enterprises across various sectors, said Luo.

    Luo called for efforts to provide tailored financial products and services for micro, small and medium-sized companies, including differentiated credit limits, interest rates, financing terms and repayment options.

    MIL OSI China News –

  • MIL-OSI: Opdateret prospekt for Værdipapirfonden Sparinvest

    Source: GlobeNewswire (MIL-OSI)

    ID-Sparinvest, Filial af Sparinvest S.A., Luxembourg offentliggør opdateret prospekt for Værdipapirfonden Sparinvest med tilhørende afdelinger.

    Propsketet er opdateret således, at afdelingen, INDEX Bæredygtige Virksomhedsobligationer HY KL, nu fremgår af prospektet, eftersom at afdelingen er blevet overflyttet til værdipapirfonden pr. den 14. oktober 2024. 

    Prospektet er vedhæftet denne fondsbørsmeddelelse og kan endvidere downloades på http://www.sparinvest.dk.

    Henvendelser vedrørende nærværende fondsbørsmeddelelse kan rettes til Morten Skipper på npa.fa@nykredit.dk.

    Med venlig hilsen
    Værdipapirfonden Sparinvest

    Morten Skipper
    Direktør, ID-Sparinvest, Filial af Sparinvest S.A., Luxembourg

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: Over £1 million extra support secured for York residents

    Source: City of York

    Financial support to help residents cope with the cost of living crisis is being extended until the end of end of March 2025.

    The council has been allocated £1,037,906 for the next 6 months and residents are urged to make sure they claim all benefits that they are eligible for.

    This Household Support Funding (HSF) from the government will be used in York to provide a variety of financial assistance to help residents meet essential expenses. These include:

    • £500,000 – a direct payment will be made before Christmas to working aged people who receive Council Tax Support
    • £180,000 – a discretionary application scheme will be available to support any other residents struggling to meet their bills, including pensioners
    • £70,000 – support for the council’s food and fuel voucher scheme
    • £80,000 – advice and support to maximise residents’ income and promote take-up of unclaimed benefits
    • £80,000 – community food and support to run Warm Places this winter
    • £60,000 – administration and delivery of 2 Talk Money information and support campaigns
    • £10,000 – York Energy Advice funding for offering advice and energy-saving measures for households
    • £30,000 – support to identify, contact and support financially-vulnerable residents to claim.

    Councillor Katie Lomas, joint Executive Member for Finance, Performance, Major Projects, Human Rights, Equality and Inclusion, said:

    Nearly half of the £1,037,906.47 we’ve been allocated through the Household Support Fund (HSF), will be issued as direct payments for working-age residents who are receiving Council Tax support. This translates to a cash payment of around £115 for every qualifying resident and we’re contacting those who are eligible, to make sure they receive this vital support.

    “Of the remaining funds, £180,000 will be allocated to a discretionary support scheme, which will be open to applications to anyone struggling with their finances. We’ll also be allocating money from the HSF to continue supporting Warm Places and energy advice services to support people with the effects of rising energy costs this winter, as well as community food support and support to take up unclaimed benefits.”

    Councillor Bob Webb, with joint responsibility for financial inclusion, said:

    We reckon as many as 1,600 people in York are missing out on Pension Credit. It’s really important that they know about it and claim the extra £100s as well as unlocking other benefits like the Winter Fuel Payment.

    “We know that between April and June 2024, an extra 31 residents claimed Pension Credit who are benefiting from a total extra £134,825 to help them through these uncertain financial times.

    “We’re writing to over 450 residents who we know are eligible for Pension Credit because they already claim Council Tax Support and Housing Benefit. Information on the 1,150 or so other eligible people is held by the Government’s Department for Work and Pensions (DWP) and can’t be shared for data protection reasons. So, we’ve been reaching out to them through other council services and voluntary sector organisations, to help people check their eligibility and to support them to apply.”

    Anyone who needs help to claim Pension Credit can click here, or contact these local support services:

    Anyone who needs help to claim Council Tax Support can call the City of York Council Benefits Advisors on telephone: 01904 552044 or contact these local support services:

    Find more information for residents on other benefits.

    The next Talk Money campaign to encourage residents to claim all they can, spend less and get good advice, will run from Monday 4 November to Friday 15 November 2024.

    MIL OSI United Kingdom –

  • MIL-OSI: Alm. Brand Tier-2 Bonds

    Source: GlobeNewswire (MIL-OSI)

    FIXING OF COUPON FROM October 14 2024

    Interest coupon for the period 14.10.2024 – 12.01.2025:

    DK0030487806, (Tier 2), maturity 2031, 3 months CIBOR +1.50%: 4.63%p.a.

    Contact

    Please direct any questions regarding this announcement to:

    Investors and equity analysts:                 

    Direktør, IR Rating og ESG Rapportering
    Mads Lerche Thinggaard
    Mobile no. +45 2025 5469
            

    Attachment

    The MIL Network –

  • MIL-OSI China: Food, song and dance: Bouyei route to preserving cultural heritage

    Source: China State Council Information Office 3

    The Qianxinan Bouyei and Miao autonomous prefecture lies within the picturesque landscape of Southwest China’s Guizhou province. The population of the Bouyei ethnic group in the prefecture exceeds 790,000 and this region is renowned for its unique traditions, language, and customs that have withstood the test of time.

    Efforts are underway to safeguard this vibrant cultural heritage, from preserving traditional attire to the iconic slate house villages that dot the landscape. The region actively celebrates the essence of Bouyei identity through lively festivals, captivating performances, and educational programs, nurturing a deep sense of community pride and belonging.

    A China Storyteller Partnerships tour of Guizhou, organized by China Daily, offers guests a unique opportunity to immerse themselves in the cultural legacy of the Bouyei ethnic group. At the heart of these preservation endeavors lies the Fenglin Bouyei scenic spot in Xingyi city, displaying over 600 Bouyei-style residences on the mountainside. This beautifully illustrates how Guizhou’s karst topography intertwines with centuries-old Bouyei cultural traditions, showcasing cone-shaped karst formations, peaks, stalagmites, and caves.

    Visitors to the region are treated to mesmerizing dances and melodic songs performed by the Bouyei people. Their artistic traditions have been honored as national intangible cultural heritage. Among these treasures is the Bouyei’s “eight-tone sitting singing” music, renowned both at home and abroad for its harmonious melodies.

    One gem awaiting exploration is the Yanyu village in Zhenfeng county, a veritable tourism haven. Regarded as the oldest and largest Bouyei village, Yanyu is a testament to the rich cultural history of the Bouyei people, comprising 11 villager groups containing 656 households with more than 2,500 residents.

    Upon arrival at Yanyu village, hosts greet guests with the rice wine set to the dynamic cadence of traditional songs and dances. Immersive activities await, offering a glimpse into the unique Bouyei culture, from the art of bamboo pole dancing to the time-honored traditions of glutinous rice cake pounding, spinning, weaving, and the artful craft of creating indigo-dyed clothing.

    The Bouyei people are revered for their masterful handicraft and batik techniques. They employ a distinctive resist printing process that lends a cracked appearance to cotton fabric.

    Intricate embroidery and craftsmanship define Bouyei clothing. They serve as garments and expressions of cultural heritage, reflecting the deep-rooted connection of the Bouyei people to nature and their surroundings. Each garment weaves a narrative, intertwining elements of history and identity.

    It is a privilege to encounter the well-preserved intangible cultural heritage and unique ethnic customs of the Bouyei people in China. They predominantly live in southern China, particularly in Guizhou, Yunnan, and Sichuan provinces.

    Tourism and development in Guizhou can help promote the unique culture of the Bouyie people, while preserving the authentic agricultural practices, craftsmanship, language, and artistic performance integral to their way of life.

    The intersection of tourism and development serves as a powerful catalyst for celebrating the Bouyei people’s distinct culture, honoring their customs, and paving the way for sustainable initiatives to continue their rich heritage.

    By promoting community involvement and meaningful engagement through responsible tourism, the Bouyei traditions can flourish, captivating and inspiring future generations.

    Guizhou’s Bouyei culture is upheld by vibrant festivals, thriving tourism, and progressive development, ensuring its enduring legacy.

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Government appoints Chairman of Securities and Futures Commission

    Source: Hong Kong Government special administrative region

    Government appoints Chairman of Securities and Futures Commission
    Government appoints Chairman of Securities and Futures Commission
    *****************************************************************

         The Government announced today (October 14) that the Chief Executive has, pursuant to the Securities and Futures Ordinance (Cap. 571), appointed Dr Kelvin Wong Tin-yau as the Chairman of the Securities and Futures Commission (SFC) for a term of three years from October 20, 2024, to October 19, 2027.      Dr Wong was a Non-Executive Director (NED) of the SFC from 2012 to 2018 and a member of the Listing Committee of the Stock Exchange of Hong Kong Limited from 2007 to 2013. He is currently the Chairman of the Accounting and Financial Reporting Council (AFRC).      The Financial Secretary, Mr Paul Chan, said, “Dr Wong has been dedicated to serving the financial services industry of Hong Kong, with extensive experience in the operation of the securities and futures markets, capital market development, corporate governance and financial regulatory matters. Under his stewardship, the AFRC smoothly implemented the accounting and audit regulatory reforms, bringing Hong Kong’s regulatory regime in line with international developments. I expect that under Dr Wong’s leadership, the SFC will continue to uphold its dual role as a regulator and facilitator of market development to ensure the fair, transparent and orderly operation of the local securities and futures markets, and to strive for reforms and innovations, with a view to solidifying and enhancing Hong Kong’s status as an international financial centre.”      Dr Wong will continue to serve as the Chairman of the AFRC up to December 31, 2024.      With the incumbent SFC Chairman, Mr Tim Lui Tim-leung, completing his tenure, Mr Chan said, “Under Mr Lui’s leadership, the SFC actively supports the Government’s policies, seamlessly collaborates with other financial regulators in Hong Kong, and closely monitors the financial market to ensure an orderly and smooth operation. The SFC continues to promote innovations such as implementing a number of market reform measures in co-ordination with the Hong Kong Exchanges and Clearing Limited, and with the staunch support of the central ministries, proactively furthers the development of the Connect Schemes with the Mainland. The SFC also persistently fosters the development of regulatory regimes, with examples including the implementation of the licensing regime for virtual asset trading platforms to facilitate the sustained responsible development of the sector. Moreover, the SFC actively participates in international regulatory co-operation and standard formulation. I extend my heartfelt gratitude to Mr Lui for his well-recognised achievements over his six-year leadership of the SFC.”

     
    Ends/Monday, October 14, 2024Issued at HKT 16:30

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    MIL OSI Asia Pacific News –

  • MIL-OSI Security: Fifth man charged with Tower Hamlets murder

    Source: United Kingdom London Metropolitan Police

    A fifth man will appear in court charged with the murder of Joshua McLean in Tower Hamlets.

    Shanoor Ahmed – 38 (04.04.86) of Russia Lane, E2 will appear in custody at Willesden Magistrates’ Court on Monday, 14 October charged with murder.

    Ahmed was arrested on Saturday, 12 October.

    Four people have previously appeared in court charged with Joshua’s murder.

    They are:

    Nefur Miah, 36 (06.04.88), of Redmans Road E1;
    Muhammed Ismail Ali, 37 (02.10.87), of Marlborough Road RM7;
    Simeon Oliver-Stewart, 30 (15.01.94), of Clevedon Close N16;
    Muhammad Abbas, 22 (21.07.02) of Bradford Road, Kirklees.

    All four defendants will appear at the Old Bailey on Tuesday, 17 December.

    The investigation, led by detectives from the Met’s Specialist Crime Command, was launched after Joshua, 31, was fatally shot on Tuesday, 6 August in Weavers Fields, Wilmot Street, E2.

    MIL Security OSI –

  • MIL-OSI Asia-Pac: Consultation conclusions on proposed renaming of Virtual Bank

    Source: Hong Kong Government special administrative region

    Consultation conclusions on proposed renaming of Virtual Bank
    Consultation conclusions on proposed renaming of Virtual Bank
    *************************************************************

    The following is issued on behalf of the Hong Kong Monetary Authority:     ​The Hong Kong Monetary Authority (HKMA) published today (October 14) the conclusions on the public consultation on the proposal to rename “Virtual Bank” (Conclusions Paper). The Conclusions Paper sets out the key comments received in the consultation, the HKMA’s responses to these comments, and the HKMA’s conclusions on the proposed renaming.     The HKMA received a total of 26 submissions from various parties including industry/professional associations, virtual banks and members of the public in the consultation. The respondents were broadly supportive of the proposal, and the majority of them agreed with the proposed new name “Digital Bank”. The HKMA will embark on the amendments to the Guideline on Authorization of Virtual Banks to effect the new name “Digital Bank” shortly.     The Conclusions Paper is available on the HKMA website.

     
    Ends/Monday, October 14, 2024Issued at HKT 16:05

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    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Get Online week 2024

    Source: City of Coventry

    It’s that time of year again! From 14 – 20 October, ourselves and organisations across the nation will be taking part in Get Online Week, Good Things Foundation’s annual digital inclusion campaign.

    There’s loads going on during Get Online Week this year in Coventry, so there’s plenty of opportunity to get involved!

    You can also  to see all the events and learn why Get Online Week is important.

    , where you can also register your own events.

    Want to learn more about how you can get involved in Get Online Week?  to understand why the campaign is important and to download resources and promotional materials. If you’re not in a position to host an event, you can still do so much, consider becoming a Get Online Week campaign champion! 

    Monday, 14th October 2024

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Students of the State University of Management won the competition program of the IV Saratov Youth Legal Forum

    MILES AXLE Translation. Region: Russian Federation –

    Source: State University of Management – Official website of the State –

    On October 8-10, 2024, the 4th Saratov Youth Legal Forum “The Role of Law in Ensuring National Security of Modern Russia” was held at the Saratov State Law School, in which students of the State University of Management took part and won the competition program.

    Over the course of three days, at 48 industry sites, more than 500 young researchers from 37 subjects of the Russian Federation and 9 foreign countries exchanged experiences and research developments with each other, and strengthened their knowledge in the field of law and related areas at interactive lectures, business games and master classes.

    The State University of Management was represented at the Forum by IGUIP students in the Jurisprudence program: Alexandra Zhuk, Eva Salnikova, Alisa Savkina, Varvara Yupatova and Karina Meshcheryakova (academic supervisor: Associate Professor of the Department of Private Law Svetlana Titor).

    As part of the Forum, they took part in competitions for draft reports in the following nominations:

    — “Values of Law in the Context of the New World Order,” where Karina Meshcheryakova became the winner;

    — “Traditional family values: the law as a guarantee of their preservation and strengthening of national security”, where Alisa Savkina took third place;

    — “Transformation of Russian state policy in the sphere of labor and youth employment,” where Eva Salnikova became the winner, and Alexandra Zhuk took second place and received the audience award.

    Also, as part of the Forum, students visited the Historical Park in Saratov “Russia – My History” and presented reports at the All-Russian scientific and practical conference “Historical, legal, philosophical and socio-cultural experience of the development of Russian statehood”.

    The result of the large-scale work of the Forum was a resolution that summarized all the results achieved, reflected the opinions of the participants and the recommendations of experts. It will serve as a basis for new research and development in the field of legal science and practice.

    We congratulate our girls on a truly successful trip and a full podium of prize places, and wish them further great achievements in their studies.

    Subscribe to the TG channel “Our GUU” Date of publication: 10/14/2024

    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.

    Students of the State University of Management won the competition program of the IV Saratov Youth Legal Forum

    MIL OSI Russia News –

  • MIL-OSI United Kingdom: Plan your journey ahead of the Great South Run

    Source: City of Portsmouth

    With up to 23,000 runners expected, the 10-mile route will wind through some of Portsmouth’s most iconic locations, starting at Clarence Esplanade and passing through Old Portsmouth and the Historic Dockyard before returning to Southsea via Canoe Lake.

    Visitors driving to the event from outside the city are encouraged to use the PR4 Portsmouth Park and Ride service to Clarence Pier. This dedicated service for runners, spectators, and supporters provides frequent bus services throughout the weekend. Passengers can buy tickets through the First Bus or Ringo apps and day tickets can also be purchased from the bus driver. In addition to the special PR4 service, the PR1 route will be operating its regular weekend bus service on both days.

    If you’re travelling around the city by bus, please plan your journey before you set off as some routes will be affected by the road closures. Check the First Bus or Stagecoach app or operators’ website for service updates. On Sunday 20 October First Bus are offering free travel home for runners who show their medal to the driver after the Great South Run*.

    Passengers travelling with Hovertravel from the Isle of Wight can benefit from extra services on Sunday, running every 15 minutes between 8.15am and 9.15am, followed by an additional service at 9.45am.

    To ensure the safety of participants and spectators, the council is working with organisers to close some roads to traffic around the race area. These include Clarence Esplanade, Pier Road and Avenue de Caen. During the closures, park and ride Saturday services will terminate at Pembroke Road, and the final stop on Sunday will be City Centre South.

    Event parking on Southsea Common will be accessible before 9.30am and after 1pm, outside the time of the road closures.

    Parking will also be reduced on some roads, and drivers who park near the area should check temporary signs to make sure they are not parking in prohibited areas where vehicles could be removed. Full details of all road closures and restrictions can be found in the Temporary Traffic Regulation Order (TTRO) at http://www.portsmouth.gov.uk/tro.

    Cllr Peter Candlish, Cabinet Member for Transport, said:

    “The Great South Run is a fantastic event that brings a lot of activity to Portsmouth every year. We’re excited to welcome runners and spectators to our great waterfront city and encourage everyone to explore alternative travel options, such as using Portsmouth Park and Ride, travelling by bus, walking, cycling, or renting a bike or rental e-scooter whenever possible.”

    Top travel tips for the weekend:

    Visit GREAT SOUTH RUN, Portsmouth | First Bus for First Bus service updates.

    • Try a Voi rental e-scooter or e-bike: Available for hire throughout the city – visit com for details.
    • Hovertravel: Operating every 30 minutes between Ryde and Southsea with additional morning services on Sunday. Visit Hovertravel to find out more.
    • Trains: Check with operators for updated timetables and plan ahead.

    For more information about the Great South Run, including a map of the route, visit greatrun.org/events/great-south-run. For general information about visiting Portsmouth, head to visitportsmouth.co.uk. And for live traffic updates, follow @portsmouthroads on Twitter.

    * Hoverbus and Park & Ride services PR1 and PR4 are excluded from this offer

    MIL OSI United Kingdom –

  • MIL-OSI China: Chinese mainland punishes die-hard ‘Taiwan independence’ separatists advocating violence

    Source: China State Council Information Office 2

    The Taiwan Affairs Office of the State Council on Monday announced punishments on two die-hard “Taiwan independence” secessionists and an institution they support, accusing them of training violent separatists and advocating violent conflict across the Taiwan Strait.
    Chen Binhua, spokesperson for the State Council Taiwan Affairs Office, said that with backing from Taiwan’s Democratic Progressive Party (DPP) authorities and external forces, the Kuma Academy has openly fostered violent “Taiwan independence” individuals under the guise of training and outdoor activities. He added that the academy has actively engaged in separatist activities, making it a clear stronghold for “Taiwan independence” elements.
    Shen Pao-yang, the head of the academy, has been actively and systematically organizing activities promoting “Taiwan independence.” He has also deliberately promoted “Taiwan independence” and “anti-China” ideologies, particularly targeting the young people in Taiwan.
    Robert Hsing-cheng Tsao, a businessman from the island, has provided substantial financial support to the academy, supporting its activities to divide the country by spreading harmful ideologies of “opposing China and seeking independence” through various means.
    “The two individuals have openly pursued efforts to divide the country and fuel discord, seriously threatening peace and stability in the Taiwan Strait and causing significant harm to the common interests of people across the Strait, as well as the fundamental interests of the Chinese nation,” Chen said.

    MIL OSI China News –

  • MIL-OSI China: World sci-tech forum builds consensus on sustainable development

    Source: China State Council Information Office 2

    The 2024 World Science and Technology Development Forum (WSTDF) will convene in Beijing from Oct. 22 to 24. As a major event in the global science community, the forum will gather scientists, educators, entrepreneurs, and other leading figures from around the world to share insights and technological solutions for sustainable development.
    The China Association for Science and Technology (CAST) initiated the forum in 2019 and has held five successful sessions to date. Chinese President Xi Jinping sent a congratulatory letter to the inaugural WSTDF, highlighting the forum’s role in building consensus and deepening cooperation.
    Since its inception, the forum has explored new approaches and fostered innovation, establishing itself as a world-class hub for pioneering ideas. It has created an international platform for scientific exchange and collaboration, a venue for bringing together leading talents, and a driving force for global sustainable development. These efforts have significantly contributed to advancing the Global Development Initiative and promoting the vision of building a community with a shared future for mankind.
    Sci-tech innovation: The way to sustainable development
    In his congratulatory letter to the first forum, President Xi stressed the role of scientific and technological innovation in addressing global challenges. He noted that the ongoing revolution in science and technology and industrial transformation significantly impacts human civilization and global governance.
    “Promoting sustainable development with sci-tech innovation has become the way that we must take to solve some important global issues of common concern,” Xi said.
    The past five sessions of the forum have always focused on advancing sustainable development through technological innovation, covering crucial topics from basic science to climate change, the digital economy and green innovation. The forum has invited global scientific leaders to present their latest research and propose solutions to pressing challenges.
    Each year, the forum releases a list of the top 10 scientific issues concerning the development of human society, evaluating major global challenges and promoting the achievement of the U.N. Sustainable Development Goals. The second forum introduced the World Journal Clout Index of Scientific and Technological Periodicals and included the results on the “Innovation China” platform. The third, fourth and fifth forums released the annual IUPAC Top 10 Emerging Technologies in Chemistry.
    The research findings released by the forum represent the collective wisdom of the scientific community, showcasing advancements in science and technology while offering practical solutions for global challenges and sustainable development goals.
    Building consensus: A platform for global exchange
    Beyond technological discussions, the forum serves as a vital space for building international consensus and fostering cooperation. President Xi has highlighted China’s commitment to openness and collaboration, expressing hope that the forum will help scientists, educators and entrepreneurs from different countries build consensus, exchange ideas, and deepen cooperation to contribute wisdom and strength to building a community with a shared future for mankind.
    The WSTDF serves as more than just a platform for scientific discussion; it is a vital opportunity for building global consensus and fostering international cooperation. Since its inception in 2019, the forum has consistently brought together Nobel laureates, leading scientists, educators, economists and entrepreneurs. Each year, it attracts about 200 distinguished participants from over 20 countries and regions, including academicians, experts, heads of major scientific organizations, prominent entrepreneurs and university presidents.
    The forum facilitates communication through high-level dialogues, keynote speeches and roundtable discussions, creating valuable connections among scientists, entrepreneurs and policymakers. These exchanges encourage in-depth reflection and foster consensus on critical scientific issues. Over the past five years, the forum has drawn thousands of scientific leaders globally, publishing reports and generating influential scientific policy initiatives.
    A notable example is the “Openness, Trust, and Cooperation” initiative introduced at the third forum by 260 scientific organizations, emphasizing the international scientific community’s commitment to unity and collaboration. The initiative outlined concrete measures such as maintaining the legitimate boundaries of scientific openness, fostering mutual trust and respect among collaborators, and finding common ground for cooperation.
    At the fourth forum, the organizers partnered with globally recognized scientific organizations to launch the initiative of Basic Sciences for Sustainable Development and Discipline Development Report. It called for a renewed global focus on fundamental scientific research, deepening practical cooperation, promoting science popularization, and advancing sustainable development.
    In this era of profound transformation, forming a broad consensus is crucial for leading global scientific development. The WSTDF provides a foundation for uniting global wisdom and building a better future.
    Building bridges for global collaboration
    The WSTDF aims to foster deeper cooperation among governments, industry, and academia, which aligns with President Xi’s vision. It promotes an open, collaborative ecosystem to address global challenges.
    Each forum focuses on international cooperation, promoting the sharing of global scientific resources through initiatives like establishing international scientific issues and talent databases for global cooperation.
    The inaugural forum introduced an innovative model for organizing the event through a collaborative approach involving CAST, the Chinese Academy of Sciences, the Chinese Academy of Engineering and internationally renowned scientific organizations. This partnership established a flagship platform facilitating cooperation between China’s scientific community and the global science community.
    The second forum emphasized collaboration, introducing the Innovation and Cooperation Forum of Open Science and Open Source as a parallel session. The third forum promoted discussions on global cooperation in scientific and technological innovation.
    The fourth forum continued with the theme of “Openness, Trust, and Cooperation,” establishing a sub-forum for collaboration between academicians and multinational companies. This initiative aimed to deepen international cooperation in fundamental research, industry partnerships and technological innovation. The fifth forum, based in the Guangdong-Hong Kong-Macao Greater Bay Area, focused on international regional cooperation, resulting in a series of high-quality recommendation reports.
    After five years of progress, the WSTDF has become a key platform for global innovation and scientific collaboration. The 2024 forum, themed “Science and Technology for the Future,” will focus on six key ideas: intelligence, interdisciplinary, infrastructures, innovation, interaction, and integration. It will continue gathering global wisdom to empower high-quality development and promote international scientific cooperation and innovation.
    Guided by the principles of President Xi’s congratulatory letter, the WSTDF remains committed to building a community with a shared future for mankind. By deepening international cooperation, building global consensus and advancing the three global initiatives — the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative — the forum aims to continue providing strong momentum for global scientific innovation, illuminating the path toward a better, more sustainable future.

    MIL OSI China News –

  • MIL-OSI China: World sci-tech forum champions multilateral scientific cooperation

    Source: China State Council Information Office 2

    The 2024 World Science and Technology Development Forum (WSTDF) will be held in Beijing from Oct. 22 to 24, the China Association for Science and Technology announced Thursday.
    The forum will focus on the theme “Science and Technology for the Future,” addressing topics such as artificial intelligence, ocean negative carbon emissions, open science, intelligent manufacturing, urban health and disaster prevention. It aims to gather global insights and promote technological innovation and sustainable development.
    Since its inception in 2019, the forum has prioritized development, fostering multilateral scientific cooperation and working to establish fairer international development partnerships while contributing Chinese solutions to global governance.
    Striving for a global sci-tech community
    The WSTDF champions open cooperation, serving as a bridge for global scientific development. By promoting open-source sharing, the forum aims to unify global expertise to advance technological innovation and social progress.
    Open science and open-source innovation form the backbone of technological application and industrial digitalization, providing crucial solutions to global challenges.
    The 2020 forum saw participants delve into technological and industrial upgrades through open-source innovation, chip development and internationalization of open-source initiatives. They also examined ways to deepen scientific research through open science. Discussions underscored the profound influence of open science, data sharing, and open-source innovation on the global tech landscape.
    The forum culminated in a shared vision of openness, inclusivity, and resource sharing, emphasizing a strategic global perspective for future technological progress.
    The forum has consistently advocated for open governance, urging the global scientific community to embrace collaborative efforts. For instance, the 2020 forum featured a technology service and trading event, establishing the Network for International Cooperation on Technology Commercialization to promote global technology transfer.
    Engaging in global environmental governance
    China advocates for harmony between humanity and nature, accelerating green and low-carbon transformation to promote ecological development. The WSTDF aligns with this vision, prioritizing environmental governance as a key way to advance global sustainability.
    In 2022, the forum launched an initiative on new energy equipment practices, encouraging domestic institutions to harness technological innovation for low-carbon development and high-level talent cultivation, with projects aimed at peaking carbon dioxide emissions and achieving carbon neutrality.
    Collaborating on global public health governance
    Public health is vital for human survival and integral to economic growth, social development and individual well-being. The forum emphasizes enhancing global health governance as a central concern.
    At the inaugural forum in 2019, Fang-Fang Yin, radiation oncology professor at Duke University, discussed the role of artificial intelligence and machine learning in cancer imaging and radiotherapy.
    During the fourth forum in 2022, Yunbing Wang, director of the Chinese National Engineering Research Center for Biomaterials, dean of the College of Biomedical Engineering of Sichuan University, and vice president of the Chinese Society for Biomaterials, presented innovative research and products for treating severe heart diseases.
    In 2023, discussions expanded further, encompassing biomedical technology innovation, clinical advancements and future health industries. Participants also addressed bottlenecks in the field. These exchanges have played a crucial role in advancing technological development and commercialization in health while bolstering global health standards.
    Making efforts to safeguard food security
    Food security is essential for global peace and development, serving as a cornerstone for building a community with a shared future for mankind. In response to significant global challenges regarding food loss and waste, the WSTDF has consistently prioritized food security.
    At the inaugural forum in 2019, overseas scholar Vania G. Zuin Zeidler introduced the bio-circular economy, proposing a natural ecosystem through green, sustainable agriculture and processing systems that produce healthy food and value-added related products. She advocated for sustainable agriculture to address food waste.
    In 2022, discussions focused on technological innovations for high-quality agricultural development. The forum emphasized germplasm resources, seed technology, intellectual property protection and collaboration between scientific institutions and enterprises.
    These efforts have established a strong foundation for achieving global food security and promoting sustainable agricultural development.
    This year’s forum seeks to strengthen international scientific cooperation and tackle global challenges amid unprecedented changes. The event will provide perspectives on technological trends while showcasing China’s commitment to innovation-driven development and a community with a shared future for mankind.

    MIL OSI China News –

  • MIL-OSI China: ‘Stories of CPC’ briefing to highlight NE China’s achievements

    Source: China State Council Information Office 2

    A press conference was held Sunday in Changchun, Northeast China’s Jilin province, to introduce the upcoming “Stories of the Communist Party of China (CPC) — Achievements of Northeast China in Practicing Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era” briefing.
    Hu Zhaoming, spokesperson for the International Department of the CPC Central Committee (IDCPC), presented details of the briefing scheduled for Monday.
    The briefing, themed “Striving for New Breakthroughs in the Full Revitalization of Northeast China,” will be jointly hosted by the IDCPC and Party committees of Inner Mongolia autonomous region and Liaoning, Jilin and Heilongjiang provinces.
    This 18th edition of the “Stories of CPC” briefings will include bilateral meetings, a main briefing, economic and trade promotion meetings, and field visits for foreign guests. It aims to introduce Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era to the international community, especially CPC Central Committee General Secretary Xi Jinping’s important ideas on regional coordinated development, with the full revitalization of Northeast China as an example.
    More than 200 leaders of political parties from over 50 countries, foreign envoys in China and foreign business representatives are expected to attend.
    China’s northeastern region comprises Liaoning, Jilin and Heilongjiang provinces and part of Inner Mongolia autonomous region.
    The IDCPC initiated the “Stories of CPC” briefings in 2017 to share China’s development in the new era and the Party’s governance.

    MIL OSI China News –

  • MIL-OSI: Municipality Finance will redeem early notes issued under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    14 October 2024 at 11:00 am (EEST)

    Municipality Finance will redeem early notes issued under its MTN programme

    Municipality Finance Plc will exercise its right to redeem in whole its USD 150 million notes (ISIN XS2548900146) on 28 October 2024.

    The notes are admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. MuniFin has today filed an application to remove the notes from trading.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The company is owned by Finnish municipalities, the public sector pension fund Keva and the Republic of Finland. The Group’s balance sheet totals over to EUR 50 billion.

    MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic, but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: http://www.kuntarahoitus.fi/en

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network –

  • MIL-OSI: ALM. BRAND TIER-1 BONDS

    Source: GlobeNewswire (MIL-OSI)

    FIXING OF COUPON FROM October 14 2024

    Interest coupon for the period 14.10.2024 – 14.01.2025:

    DK0030497953, (RT1), 3 months CIBOR +3.40%: 6.53% p.a.

    Contact

    Please direct any questions regarding this announcement to:

    Investors and equity analysts:                 

    Direktør, IR Rating og ESG Rapportering
    Mads Lerche Thinggaard
    Mobile no. +45 2025 5469
            

    Attachment

    The MIL Network –

  • MIL-OSI Europe: EU statement on recent attacks against UNIFIL

    Source: Government of Sweden

    EU statement on recent attacks against UNIFIL – Government.se

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    Statement by Ministry for Foreign Affairs

    Published

    Statement by the High Representative on behalf of the European Union on recent attacks against UNIFIL.

    The European Union expresses its grave concern about the recent escalation along the Blue Line. The EU condemns all attacks against UN missions. It expresses particularly grave concern regarding the attacks by the Israeli Defence Forces (IDF) against the United Nations Interim Force in Lebanon (UNIFIL), which left several peacekeepers wounded. Such attacks against UN peacekeepers constitute a grave violation of international law and are totally unacceptable. These attacks must stop immediately.

    All actors have an obligation to take necessary measures to ensure the safety and security of UN personnel and property and to respect the inviolability of UN premises at all times. We urgently await explanations and a thorough investigation from the Israeli authorities about the attacks against UNIFIL, which plays a fundamental role in the stability of South Lebanon.

    We urge all parties to fully uphold their obligations to guarantee the safety and security of UNIFIL personnel at all times, and to allow UNIFIL to continue to implement its mandate.

    The troops and other personnel of UNIFIL, to which sixteen EU Member States currently contribute, are working under difficult conditions in the defence of international peace and security. The EU pays tribute to their professionalism and renews its unwavering support to UNIFIL’s role.

    We are also deeply concerned by Hezbollah’s continued launch of rockets into Israel that has to stop, and by IDF strikes in densely populated areas of Lebanon, causing a heavy toll on civilians and the displacement of many. We urge all parties to respect International Humanitarian Law, in all circumstances.

    The EU reiterates its call for an immediate ceasefire in Lebanon, and for all parties to commit and work towards the full implementation of Security Council Resolution 1701.

    MIL OSI Europe News –

  • MIL-OSI: Danske Bank share buy-back programme: Transactions in week 41

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 45 2024   Group Communications
    Bernstorffsgade 40
    DK-1577 København V
    Tel. +45 45 14 00 00

    14 October 2024

    Danske Bank share buy-back programme: Transactions in week 41

    On 2 February 2024, Danske Bank A/S announced a share buy-back programme for a total of DKK 5.5 billion, with a maximum of 70 million shares, in the period from 5 February 2024 to 31 January 2025, at the latest, as described in company announcement no. 2 2024.

    The programme is being carried out under Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016, also referred to as the Safe Harbour Rules.

    The following transactions were made under the share buy-back programme in week 41:

      Number
    of shares    		 VWAP
    DKK    		 Gross value
    DKK
    Accumulated, last announcement 19,623,768 202.0885 3,965,737,313
    07/10/2024 160,000 194.3999 31,103,984
    08/10/2024 110,000 196.3523 21,598,753
    09/10/2024 146,256 195.1451 28,541,142
    10/10/2024 97,607 197.3579 19,263,513
    11/10/2024 78,782 198.5271 15,640,362
    Total accumulated over week 41 592,645 195.9820 116,147,753
    Total accumulated during the share buyback programme 20,216,413 201.9095 4,081,885,067

    With the transactions stated above the total accumulated number of own shares under the share buy-back programme corresponds to 2.34% of Danske Bank A/S’ share capital.

    We enclose share buy-back transaction data in detailed form of each transaction in accordance with the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016.

    Danske Bank

    Contact: Stefan Singh Kailay, Group Press Officer, tel. +45 45 14 14 00

    Attachments

    The MIL Network –

  • MIL-OSI Asia-Pac: Funding Scheme on Promotion of Family Education 2024-25 opens for application from today

    Source: Hong Kong Government special administrative region

         The Home and Youth Affairs Bureau and the Family Council have launched a new five-year Funding Scheme on the Promotion of Family Education today (October 14) and invite a 2024-25 round of applications. The deadline for applications is November 22.
          
         The Scheme seeks to subsidise non-profit-making community family education projects to raise public awareness of family education and its importance, and further promote family values to enhance family well-being and social harmony.
                                         
         The Scheme covers various family-related themes such as education for new parents, parent-child education, maintenance of family relationships, strengthening of family cohesion and solidarity, inheritance of good family values and traditional virtues, and other marriage-related subjects, etc to meet the needs of different families. Apart from the above-mentioned themes, applicant organisations may apply for funding to organise suitable projects with other family-related themes having regard to the concern or needs of the community. A proposed project may feature more than one theme provided that they are family-related. The funding cap for each 12-month and 18-month project is $800,000 and $1,200,000 respectively.
          
         Details of the Scheme, including the application guide and application form, are available on the website of the Scheme (www.pfe.gov.hk). Interested eligible bodies and non-governmental organisations may submit applications.
     

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Swedish and Belgian Prime Ministers to attend memorial on anniversary of 2023 Brussels terrorist attack

    Source: Government of Sweden

    Swedish and Belgian Prime Ministers to attend memorial on anniversary of 2023 Brussels terrorist attack – Government.se

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    Press release from Prime Minister’s Office

    Published

    Wednesday, 16 October marks the one-year anniversary of the terrorist attack in Brussels, in which two Swedish football fans were killed and a third injured. Prime Minister Ulf Kristersson and Belgium’s Prime Minister Alexander de Croo will take part in a joint wreath-laying ceremony at the site where the attack took place.

    Photo media interested in covering the ceremony are invited to contact Press Secretary Tom Samuelsson for more information.

    Press contact

    MIL OSI Europe News –

  • MIL-OSI New Zealand: Government Appointments – PSA looks forward to working with new Public Service Commissioner

    Source: PSA

    The PSA hopes the new Public Service Commissioner Sir Brian Roche will be a good advocate for the value of the public service in supporting the health and wellbeing of New Zealanders.
    The PSA congratulates Sir Brian on his appointment. He has taken on this role at a very challenging time when the public service has been eroded by the Government through spending cuts and job losses.
    The PSA looks forward to having a constructive relationship with Sir Brian to ensure the public service is recognised for the great work it does.
    Through his long and distinguished service in many roles, he knows the value public service workers bring to issues. He has worked with governments in the past which have continued to build the public service so it can meet our challenges as a nation.
    We hope he brings to the role the courage to remind Ministers of the critical role that the public service plays.
    Te Kawa Mataaho, the Public Service Commission, has provided valuable leadership in recent years in building a public service that has provided rewarding career paths and one that has driven a consistent reduction in gender pay gaps, well ahead of the private sector.
    The PSA urges Sir Brian to weigh the progress that has been made when he takes on the role next month so he can provide quality advice to the Government that helps it better understand how the public service is helping us progress as a nation. 

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: Update on postal services to United States

    Source: Hong Kong Government special administrative region

         Hongkong Post announced today (October 14) that, as advised by the postal administration of the United States, due to the impact of hurricane, mail delivery services to areas with postcodes 006–009, 214–268, 300–352, 354–399, 700, 701, 703–708, 710–714, 716–729 and 801–851 are subject to delay.

    MIL OSI Asia Pacific 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: Kings Quarry extension declined consent under COVID-19 Fast-track Act

    Source: Environmental Protection Authority

    An independent panel has declined resource consent to expand a quarry in Wainui, Auckland.
    Kings Quarry Limited applied for resource consent under the COVID-19 Recovery (Fast-track Consenting) Act 2020.
    The project involved expanding an existing quarry at Pebble Brook Road in Wainui, Auckland.
    The decision comes 196 working days after the application was lodged with the Environmental Protection Authority.
    The Environmental Protection Authority is not involved in the decision-making. We provide procedural advice and administrative support to the panel convenor, Judge Laurie Newhook, and the expert consenting panel he appoints.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Weather News – Clear skies and colder temperatures on the way – MetService

    Source: MetService

    Covering period of Monday 14 – Thursday 17 October – While showers and wind gusts of up to 90km/h, and possibly also thunderstorms and hail affect northern and central Aotearoa New Zealand today (Monday), MetService is forecasting clear skies for much of the working week.

    A low-pressure system west of Taranaki resulted in a wet and windy start to the week for much of the country, with especially persistent and heavy rain for the south coast of the North Island. MetService’s Kelburn weather station recorded its fifth wettest 9am-9am period for October, measuring 70.2mm of rain, with records there tracing back to 1927. While this persistent rain is on its way out this afternoon, further showers and gusty winds are expected for the North Island as the low begins to traverse the country.

    MetService meteorologist Ngaire Wotherspoon says, “The passage of the low brings a risk of thunderstorms and hail for much of the North Island, with the risk mainly inland for areas south of the Bay of Plenty. Auckland and Northland could see strong wind gusts of 90 km/h this evening.”

    Down south it’s a fine day, but an approaching cold front brings rain with snow to 800 metres over the Deep South tonight. As the front sweeps northwards over the country on Tuesday, colder temperatures will be noticeable, alongside a period of rain for eastern areas.

    Behind the front, skies clear and winds ease, though the cold air lingers. Frosts are in store for the South Island and interior North Island, and daytime temperatures in the east are expected to be 4 – 6°C below their October averages.

    “We expect this fine weather to stick around for much of the working week, before taking a wetter turn over the upper South Island on Friday,” adds Wotherspoon.

    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 –

  • 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 Submissions: Adjustment to early childhood education in the consumers price index

    Source: Statistics New Zealand

    Adjustment to early childhood education in the consumers price index – The FamilyBoost early childhood education (ECE) rebate scheme began on 1 July 2024. The September 2024 quarter consumers price index (CPI), to be released on Wednesday, 16 October at 10:45am, will include an adjustment to reflect the introduction of the rebate scheme.

    An adjustment has been made to the ECE subgroup in the CPI to reflect the rebate households will receive through the FamilyBoost scheme.

    Inland Revenue has provided data about the anticipated fall in household expenditure on ECE in 2024/25 due to FamilyBoost. A fall of about $174 million is expected in CPI expenditure on ECE.

    The movement for the ECE subgroup in the September 2024 quarter will incorporate the regular price changes for ECE, and this adjustment.

    MIL OSI –

  • MIL-OSI New Zealand: Health Investigation – Woman’s rights to appropriate care for diabetes breached by Health NZ Te Tai Tokerau

    Source: Health and Disability Commissioner

    A woman’s rights to receive an appropriate standard of care were breached over a two month period, which included several admissions to Kaitaia Hospital, said Deputy Commissioner Rose Wall in a report published today.
    The woman’s rights under the Code of Health and Disability Services Consumers’ Rights (the Code) were breached by Health New Zealand Te Tai Tokerau (previously Te Whatu Ora) for care by multiple staff.
    The woman suffered from multiple complications from Type 2 diabetes. On several occasions she presented, or was admitted, to Kaitaia Hospital for treatment. Following a deterioration in her symptoms, and subsequent hospital admission, she underwent a toe amputation, followed by a below-knee amputation and further surgery. Sadly, she died from a bacterial infection in her right groin.
    Ms Wall Found Health NZ Te Tai Tokerau breached the Code for failing to provide services to the woman with reasonable care and skill.
    “Health NZ Te Te Tokerau was the group provider with overall responsibility for ensuring that the woman received timely intervention to try to avert the profound difficulties she ultimately experienced,” Ms Wall said.
    During the woman’s two-week hospital admission, the clinicians failed to assess and consider the cause of her ulcers adequately, Ms Wall said.
    In addition, she was seen on multiple occasions over two months and despite a clear need, was not referred to the vascular service or the diabetes clinic. “In my view this was a failing of multiple staff over the course of her care,” Ms Wall said.
    Ms Wall also made an adverse comment about the registered nurse at the medical centre who assessed the woman’s foot and incorrectly classified the extent of disease present. This led to an inappropriate referral to the community podiatry service, rather than the diabetes clinic.
    Ms Wall acknowledged, however, that the nurse was working within a system where guidance and terminology were confusing, which enhanced the likelihood of an error.
    In relation to the community podiatrist who returned the referral to the system administrator, Ms Wall made an educational comment. The community podiatrist correctly identified that the referral should go to the diabetes clinic but did not provide adequate clarity in her explanation for her referral rejection. Ms Wall acknowledged issues with the referral system that did not have a default requirement to leave a note of explanation. 
    In addition to the investigation into the care provided to the woman, Ms Wall also investigated whether the Primary Health Organisation contracted by Northland District Health Board to deliver community podiatry services in Northland (PHO 1) provided an appropriate standard of care to multiple consumers from July 2017 to June 2020.
    Considering the overall community podiatry services in Northland, Ms Wall made an adverse comment about PHO1.
    “I am critical that PHO 1 did not provide an adequate community podiatry referral system and processes, which affected multiple consumers,” Ms Wall concluded.
    While noting that PHO 1 was removed from the Companies Register in March 2022 and no longer has legal status, Ms Wall wrote to Manatū Hauora|Ministry of Health and the Health NZ National Office highlighting her concerns.
    Since the events, a number of changes have been made by Health NZ, with further recommendations outlined by Ms Wall in her report.

    MIL OSI New Zealand News –