Category: Trade

  • MIL-OSI United Kingdom: AI and satellites speed up planning approvals by tracking wild habitats across England

    Source: United Kingdom – Executive Government & Departments

    New records reveal the government is utilising AI and technology to enhance public services, including streamlining MOT inspections and speeding up planning with satellite habitat mapping.

    How AI is improving public services and new AI Playbook will drive public sector use.

    • New records reveal how government is using AI and tech to deliver for the public – including by streamlining MOT garage inspections and using satellite habitat mapping to speed up planning
    • Comes alongside practical tips to help public sector build tech to speed up decision making and transform services for working people – delivering the Plan for Change
    • Guidance shares top tips from development of GOV.UK Chat and other advanced tech on using safeguards to ensure the tech works in the public’s interest

    AI and satellite images are being used to predict how natural habitats are changing across the country, so more current data can be used to accelerate planning proposals and stop NIMBYism getting in the way of growth and the Plan for Change

    Satellite images and machine learning – a type of AI – are being used by Natural England to build a detailed map of “Living England”, showing the current extent of habitats across the country. Rather than the manual surveys of the past, changes to English habitats will now be tracked more efficiently and across the country – speeding up decisions around planning and land use while better protecting nature. 

    Details of the project are being released today alongside 13 other examples of how AI and algorithmic tools are used to speed up decision making and improve public services – spanning examples including how AI is being used to better predict the weather and keep standards high at MOT testing centres.

    A new AI Playbook, published today, gives public sector technical experts top tips and guiding principles on how to replicate this work and build AI to help their organisations fix services for citizens – ultimately delivering on the government’s ambition to transform public services with AI.

    Civil servants are guided on how to buy and manage the development of AI technology in their departments and encouraged to work with AI companies closely so the technology can be put to work more quickly. 

    Today’s announcement comes as world leaders gather for the AI Action Summit in Paris, and follow’s the publication of the UK’s AI Opportunities Action Plan, which has put the UK on course to revolutionise public services and become an AI superpower – already attracting over £14 billion in investment since launching just last month.  

    Technology Secretary Peter Kyle said: 

    Every corner of the public sector can be using technology to save money, speed things up, and crucially, improve public services for people across the UK, driving our Plan for Change forward. 

    The publication of our AI Playbook today comes with a call to arms for tech specialists across the public sector – use the guidance we are sharing to put AI to work in your organisations at whiplash speed, so we can repair our broken public services together.

    Natural England’s Chief Scientist, Professor Sallie Bailey said:

    Nature restoration, development and economic growth are not opposing forces – they can and must work together to create a sustainable future for both people and wildlife.

    Our Living England project is harnessing the power of AI to inform and support planning decisions far more efficiently. This means we can make the biggest impact for Nature recovery, while helping to deliver the new homes and infrastructure the country needs.

    The AI Playbook, published by the Department for Science, Innovation and Technology, outlines ten principles civil servants building AI should follow, making sure they: 

    • Have meaningful human control at the right stages, so any decisions recommended by technology can be monitored properly, and changed rapidly if needed. 

    • Choose the right tool for the right job and avoid using AI where more basic technology can fulfil the same task. 

    • Work with teams responsible for buying technology right from the start, to make sure agreements struck with private sector companies can be utilised to maximum potential in this rapidly evolving market. 

    The Playbook also insists that public servants working with AI do so openly and collaboratively, making sure the public know how technology is being used and allowing other public sector organisations to benefit from work that has already taken place.  

    Other records being released today detail how the Driver and Vehicle Standards Agency (DVSA) uses AI to prioritise which of the 23,000 active MOT testing garages should receive an inspection next. 

    Producing a traffic light rating for every garage, the AI tool takes in data from MOT tests to spot anomalies and identify which garages should be checked first, so inspectors can confirm they are working to crucial safety standards. Previously, inspections were based only on the amount of time that had passed since the last check. 

    Today’s release follows the Technology Secretary publishing the blueprint for a modern digital government, setting out how his department will use AI and technology to help the public sector improve their services and target £45 billion in potential efficiency savings every year. This is as well as announcing a bundle of tools to be known as “Humphrey” and set to be made available to all civil servants soon.  

    Among other things, the tools will help civil servants assess responses to consultations, take minutes at meetings and analyse decades of debate from the Houses of Parliament. 

    Notes to editors

    Find the AI Playbook here.

    The full list of Algorithmic Transparency Records being published today is as follows. 

    Met Office (DSIT)

    Weather and climate forecasting: A combination of multiple different algorithmic tools used to produce weather forecasts.

    Natural England (Defra)

    Living England map: Habitat mapping for the whole of England using satellite imagery, targeted field survey and machine learning.

    DVSA (DfT)

    MOT Risk Rating: An algorithmic to identify potential non-compliance in MOT testing, and prioritise visits to MOT garages.

    Wilton Park

    Data Cleaning Tool: Enables compliance with The General Data Protection Regulation (GDPR) by identifying and automatically cleaning personal data from the Wilton Park customer database.

    OSCB (DBT)

    Interest Calculator: Assists small business owners to calculate the amount of interest due on an overdue invoice.

    National Highways (DfT)

    Highways webchat: provides customers with an additional communication channel to get immediate answers to their questions using publicly available information (such as traffic information).

    The search engine for GOV.UK. It enables users to search for information and services on GOV.UK by entering a search query to view results that are relevant to their query.

    NHS Business Services Authority (DHSC)

    Residency Checker for EHIC/GHIC/PRC: A process to support confirmation of UK residency for entitlement to healthcare in an European Economic Area (EEA) country or Switzerland.

    Department for Work and Pensions (DWP)

    Employment and Support Allowance Online Medical Matching: A tool which helps Employment and Support Allowance (ESA) officials process claims more quickly.

    Money and Pensions Service (MaPs)

    Budget Planner: A free online tool that helps users track and categorize their spending, provides a detailed breakdown of their finances, and offers personalized tips to improve their money management.

    Money and Pensions Service (MaPs)

    Redundancy Pay Calculator: Online tool designed to help individuals who have been or are at risk of being made redundant understand their legal rights, calculate their potential redundancy pay, assess their financial situation, and explore available benefits and support.

    Ministry of Justice (MoJ)

    The Effective Proposal Framework: Used by Probation Practitioners at pre-sentence stage and as part of pre-release planning to identify requirements, licence conditions and interventions for individuals based on their risk and need profile.

    Health Research Authority (DHSC)

    Proportionate Review Toolkit: A toolkit to help Research Ethics Committee applicants determine whether their project would be eligible for proportionate review.

    His Majesty’s Revenue and Customs (HMRC)

    Logo Detection and Classification Toolkit: A tool to detect unauthorised uses of HMRC’s logo.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 300

    Updates to this page

    Published 10 February 2025

    MIL OSI United Kingdom

  • MIL-OSI: IP Fabric 7.0 Transforms Cloud and Edge Innovation Across Hybrid Networks

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) — IP Fabric, the Automated Network Assurance Platform, today announced the release of Version 7.0, designed to simplify compliance with regulations and security frameworks and strengthen operational resiliency across multicloud environments.

    Global enterprises require an end-to-end view of complex cloud and edge environments. Legacy solutions only provide a technology- or domain-specific view, which doesn’t meet the mandate of boards, CISOs and IT leaders, who must balance security, stability, compliance and risk with the pursuit of strategic transformation.

    IP Fabric 7.0 addresses this with a comprehensive view of infrastructure and intelligent analytics, creating the security and operational posture for innovation (e.g., automation, AI, cloud migration, SD-WAN). This lets teams deliver secure services, ensure business continuity, plan and manage budgets, and optimize processes across domains.

    “The release of IP Fabric 7.0 represents another step in empowering all IT teams to achieve panoramic network visibility, efficiency and collaboration,” said Pavel Bykov, CEO and co-founder of IP Fabric. “New features let organizations streamline workflows and proactively address infrastructure and security challenges like never before.”

    Key features in IP Fabric 7.0

    1. Improved Productivity Across Teams and Business Functions
      • 160+ Automated Intent Verification Checks: Proactively identify and address compliance, configuration and maintenance risks with out-of-the-box integrated vendor database checks.
      • Multi-View Dashboards: Create custom dashboards to provide tailored views for the executive team, security practitioners, platform engineers, network engineers and more — without writing a single line of code.
      • Shareable Snapshots and Tables: Enhance collaboration with Shareable Snapshots, which are fully functional simulations of the network (also known as digital twins), and tables, which let users analyze and correlate network state information and parameters across multiple devices.
      • Exportable Network Diagrams: Seamlessly export network diagrams to Visio and other platforms for broader usability.
    2. End-to-End Visibility
      • Expanded Cloud Discovery and Support: Troubleshoot faster with unified data, gain full visibility into backend-to-frontend application communications and prepare for cloud migrations or repatriations. New inventory tables and AWS Direct Connect Transit VIF support enable deeper insights into traffic flow in AWS, especially when leveraging Transit Gateways and multiple VIFs.
      • Enhanced SD-WAN Support: Increase visibility for security teams with new insight into the performance and connectivity of SD-WAN in Silverpeak and Viptela.
      • Auto-Discovery of Security Technology: Identify vulnerabilities and automate security and compliance remediation with instant insights from Check Point, Palo Alto Networks and Stormshield.
      • Advanced Routing Data: Unlock insights into the exact BGP routes devices advertise to neighbors for faster troubleshooting, smarter optimizations and increased confidence that routing aligns with network policies. New BGP capabilities also enable AWS Direct Connect visibility.
    3. Accelerated Business Outcomes
      • Early Snapshot Insights: Network snapshots record the state of the network in time, retrieve historical information, follow network state changes, analyze connectivity and more. Now users can access partial data from devices, tables and diagrams while snapshots are still processing to get insights faster for large environments.
      • Interactive API Documentation: Test CRUD (create/read/update/delete) commands directly in the platform so DevOps and platform engineers can more efficiently build complex lifecycle automation workflows.

    For a complete list of features included in IP Fabric 7.0 visit the company blog.

    About IP Fabric
    IP Fabric is the industry’s leading Automated Network Assurance Platform, offering a continuously validated view of cloud, network and security infrastructure to improve stability, security and spend. Within minutes, the platform creates a unified view of devices, state, configurations and interdependencies, normalizing multi-vendor data and revealing operational truth through automated compliance checks.

    By uncovering risks and providing actionable insights, IP Fabric enables enterprises to accelerate IT and business transformation while reducing costs. Trusted by industry leaders like Red Hat, Major League Baseball and Air France, IP Fabric delivers the foundation for a secure and modern network.

    Learn more at www.ipfabric.io and follow the company on LinkedIn.

    Media Contact
    Liesse Jayalath
    ipfabric@lookleftmarketing.com

    The MIL Network

  • MIL-OSI: Municipality Finance issues EUR 10 million notes under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    10 February 2025 at 10:00 am (EET)

    Municipality Finance issues EUR 10 million notes under its MTN programme

    Municipality Finance Plc issues EUR 10 million notes on 11 February 2025. The maturity date of the notes is 11 February 2035. The notes bear interest at a fixed rate of 2.819% per annum.

    The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 11 February 2025.

    ABN AMRO Bank N.V. plc acts as the dealer for the issue of the notes.

    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 EUR 50 billion.

    MuniFin builds a better and more sustainable future with its customers. 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: https://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: MEXC Expands Web3 Ecosystem with Solayer (LAYER) Listing: Enhancing Security and Efficiency on Solana

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, Feb. 10, 2025 (GLOBE NEWSWIRE) — MEXC, the world’s leading cryptocurrency trading platform, announced the launch of the Solayer (LAYER) on February 11, accompanied by Airdrop+ rewards.

    Empowering Users through Solayer’s Decentralized Re-Staking Innovation

    As a pioneer in the cryptocurrency industry, MEXC continues to drive innovation and support emerging blockchain ecosystems.

    The listing of LAYER highlights MEXC’s first-mover advantage in offering users access to advanced blockchain projects. By adding LAYER to its platform, MEXC reinforces its commitment to providing seamless access to decentralized solutions, empowering users within the Solana ecosystem and beyond.

    About Solayer (LAYER)

    Solayer is a re-staking protocol within the Solana ecosystem, enhancing network security and efficiency. It allows users to re-stake assets like SOL, mSOL, and JitoSOL, supporting decentralized applications (dApps) and the Solana network. Learn more about Solayer pre-market trading activity in MEXC.

    Celebrate the LAYER Launch with a prize pool of 201,000 LAYER & 50,000 USDT

    To celebrate the launch of Solayer (LAYER), MEXC is introducing five exclusive activities with generous rewards, commencing on February 8, 2025, at 04:00 (UTC). These activities offer participants the chance to win LAYER tokens, USDT bonuses, and other exciting benefits, tailored for both new and experienced users.

    These activities include:

    • Event 1: Deposit and Trade to Share 160,000 LAYER (New User Exclusive).

    Deposit at least 120 LAYER or 100 USDT to qualify.
    Trade LAYER ($100) or trade LAYER perpetual Futures ($500) to earn 20 LAYER each, on a first-come, first-served basis.

    • Event 2: Spot Challenge – Trade to Share 10,000 LAYER.
    • Event 3: Futures Challenge — Trade to Share 50,000 USDT in Futures Bonuses.

    The top 2,000 users with trading volumes over 20,000 USDT will share the pool, with rewards ranging from 10 USDT to 5,000 USDT.

    • Event 4: Invite New Users and Share 30,000 LAYER (first-come, first-served).
    • Event 5: Spread the Word and Win 1,000 LAYER Rewards.

    Your Easiest Way to Trending Crypto

    MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 300 million by providing a diverse selection of tokens, high-frequency airdrops, and simple participation processes. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.

    MEXC, known for quickly listing trending tokens, expands its offerings with Solayer (LAYER). The LAYER/USDT trading market officially launched in the Innovation Zone on February 11, 2025, followed by the introduction of the LAYER USDT perpetual futures, offering adjustable leverage from 1x to 50x with both cross and isolated margin modes. MEXC also will launch Solayer Foundation (LAYER) on Convert on February 12, 2025.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official WebsiteXTelegramHow to Sign Up on MEXC

    Contact:
    Lucia Hu
    PR Manager
    lucia.hu@mexc.com

    Disclaimer: This content is provided by MEXC. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    A photo accompanying this announcement is available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/7b1f7c5d-d7a3-434d-8410-500971fc2341

    The MIL Network

  • MIL-OSI Economics: ADB and Local Currency Financing: A 20-Year Journey

    Source: Asia Development Bank

    Twenty years ago, ADB issued its first local currency bond. The Indian rupee bond represented about $110 million equivalent at the time. Over the following three years, ADB raised funding from onshore bond issues in Malaysian ringgit, Thai baht, Chinese renminbi and Philippine peso – acting as an “icebreaker” to open these markets to foreign issuers.

    Such borrowing exercises introduced a new funding stream for ADB’s development assistance, allowing borrowers to mitigate potential currency risks associated with borrowing in foreign currencies.

    Fast forward to today, and local currency finance has gone mainstream. Development partners are no longer surprised when ADB issues bonds denominated in currencies as diverse as the Azerbaijan manat, the Indonesian rupiah or the Mongolian togrog and they recognize the invaluable role that local currency finance plays in crowding in foreign investment to developing countries.

    About a third of ADB’s private sector loans are currently delivered in local currencies, with the Thai baht, Indian rupee, Chinese renminbi, Kazakhstan tenge, and Georgian lari featuring prominently. ADB’s aggregate local currency portfolio reached more than $3.75 billion equivalent as of 31 October 2024 across more than 15 local currencies with local currency loans expected to reach 50% of private sector lending over the next years.

    What has catalyzed local currency finance?

    Over the last 20 years, local capital markets have evolved and developed significantly  across Asia and the Pacific. These developments were driven by the experience of the 1997/98 Asian financial crisis, which was at least partially caused by excessive foreign currency exposures.

    Since then, regulators, banks, and investors have made significant strides to develop local currency bond markets and improve the local currency capital market infrastructure.

    Over the last 20 years, local capital markets have evolved and developed significantly across Asia and the Pacific.

    ADB can reach certain target borrowers more effectively when it offers loans in their own currencies rather than in dollars, euros, or yen. For many of the projects that ADB supports, foreign currency denominated loans would not be feasible: a dairy business owner in Mongolia has no understanding of the risks involved in borrowing a foreign currency. Equally, a female worker in rural Kazakhstan would not begin to consider borrowing a home loan in a foreign currency. For both of these projects, ADB was able to provide suitable local currency financing solutions to meet borrower needs and avoid foreign currency mismatches.

    Importantly, the rapid development of derivative markets in the region, which include the availability of both interest rate and cross-currency swaps in several markets, has facilitated the management of liquidity by decoupling funding and disbursement transactions, while also allowing for tailored back-to-back funding transactions.

    The availability of longer-tenor financing solutions has also improved significantly in a number of the more developed Asian markets: for example, ADB was able to derive a 20-year Thai baht funding solution through the cross-currency swap market to finance a project in Lao People’s Democratic Republic, which delivered a perfect hedge for the borrower.

    Similar liquidity of varying tenors is now available in swap and bond markets in the People’s Republic of China (PRC), India, Indonesia, Malaysia, and the Philippines.

    A capital market innovation: the emergence of currency-linked bonds

    Another important innovation has also improved the availability of local currency financing: the so-called “currency-linked bond” has been a game changer for development finance.  In essence, this is a debt security denominated in a local currency but settled in US dollars.

    It relies on international documentation usually under English law, settlement occurs in international central securities depositaries, and the bonds are listed on major international stock exchanges. The impact of such structures is to crowd in international investors into local currencies by providing an easily accessible trading infrastructure.

    ADB issued its first Indian rupee currency-linked bond in 2014 and since then has issued such instruments in Armenian dram, Azerbaijan manat, Georgian lari, Indonesian rupiah, Kazakhstan tenge, Kyrgyz sum, Mongolian togrog, Pakistan rupees and Philippine pesos. In Indian rupees alone, ADB has raised more than one billion US dollars equivalent to finance private sector projects.

    Issuing innovative local currency bonds

    In countries such as Georgia and Kazakhstan where the environment is enabled, ADB has issued multiple domestic bonds including fixed rate, floating rate and even inflation-linked. Furthermore, ADB auctioned the first green (2020) and gender (2021) bonds on the Kazakhstan Stock Exchange, delivering a new asset class to the local market.

    In Georgia, ADB was the first organization to issue its domestic bonds through the Georgian Securities Settlement System (GSSS) in 2015, which operates delivery versus payment Real Time Gross Settlements (RTGS) with central bank money through the National Bank of Georgia.

    In Kazakhstan, ADB settled its domestically issued bonds through the Kazakhstan Securities Depositary, which crucially has an operational “bridge” with Clearstream in Luxembourg.

    These innovations have fostered knowledge sharing and the shift of local currency issuance infrastructure towards international best practices.

    Creating local currency liquidity pools

    Liquidity pools are commonly used to warehouse the proceeds of bond issues in mainstream currencies until project disbursements happen. ADB has developed liquidity pools in Chinese renminbi and Indian rupees, which have played an important role in shepherding in high levels of local currency development finance by providing continuous availability of funding, decoupling such availability from any specific funding transactions Further liquidity pools are in the making, as ADB’s pipelines in local currency grow and evolve.

    Working closely with national regulators and market participants, ADB’s engagement in local currency markets over the last 20 years has made significant progress.

    The next frontier: sovereign local currency loans

    Local currency finance is already well established as a financing source for ADB’s private sector loans, but it has been deployed much less in the sovereign context, which for ADB represents the largest share of lending activity. A number of sovereign borrowers have recently started to avail  local currency solutions from ADB, including a recently  completed $1.45 billion sovereign local currency loan conversion.

    Working closely with national regulators and market participants, ADB’s engagement in local currency markets over the last 20 years has made significant progress: ADB is now able to offer funding solutions in more than 15 local currencies in Asia and the Pacific. As local currency markets will further develop, the future of local currency financing in the Asia-Pacific region looks bright. 

    Authors: Roberta Casali, ADB Vice-President for Finance and Risk; Tobias Hoschka, ADB Treasurer; Jonathan Grosvenor, former ADB Assistant Treasurer

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    MIL OSI Economics

  • MIL-OSI Australia: 35-2025: *Update* Scheduled Outage: Saturday 15 February to Sunday 16 February 2025 – BICON, eCertificates, EVE, EXDOC, NEXDOC

    Source: Australia Government Statements – Agriculture

    10 February 2025

    Who does this notice affect?

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

    All clients required to use the Export / Next Export Documentation (EXDOC/NEXDOC) systems during this planned maintenance period.

    Approved arrangements operators who will be required to view electronic government certificates (eCertificates) and relevant attachments online via external verification for…

    MIL OSI News

  • MIL-OSI China: ‘World’s supermarket’ reopens after holiday

    Source: China State Council Information Office 3

    A merchant adorns her store with Spring Festival decorations in the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]

    Yiwu International Trade Market, the world’s largest wholesale market for small commodities located in the city of Yiwu in east China’s Zhejiang Province, reopened on Sunday after the Spring Festival holiday, marking a vibrant start to the Year of the Snake.

    The reopening ceremony featured traditional lion dances and drum performances, creating a vibrant and festive atmosphere.

    Merchants like toy shop owner Chen Meijun voiced optimism for a prosperous year ahead.

    “We received inquiries from regular customers during the holiday, and we expect sales to grow by over 10 percent this year,” Chen said, noting that she plans to expand her business internationally, with trips to Mexico and Kenya scheduled this year.

    Actresses perform at the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]

    Dubbed “world’s supermarket,” Yiwu is an international hub for small commodity production and trade, attracting customers from around the world.

    Nepalese buyer Raj Kumar Khadka was among the first clients to arrive, planning to order ceramics, glassware and other goods worth around 1 million yuan (about 139,500 U.S. dollars).

    A frequent visitor who first came to the city for business 23 years ago, Khadka said Yiwu plays a crucial role in the international commodity trade.

    “Yiwu taught me how to do business,” he said. “Because of this city, I was able to meet people from all over the world and learn about their languages and cultures.”

    The trade market’s 75,000 shops are connected to over 2.1 million enterprises, supporting approximately 32 million jobs. Its strong purchasing demand and diverse product offerings highlight the resilience and growth potential of China’s economy.

    Many businesses are capitalizing on emerging trends, such as 3D-printed toys, which have gained popularity for their vibrant colors and intricate designs.

    “We have invested heavily in R&D and plan to expand our footprints in developed markets while tapping into domestic demand,” said Zeng Hao, manager of a toy company producing and selling 3D-printed toys.

    A dragon dance is staged at a square of the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]

    In late 2024, China’s State Council approved an overall plan for deepening comprehensive international trade reforms in Yiwu, which outlines a vision to promote reforms through further opening up, along with initiatives such as innovating market procurement trade mechanisms, promoting import trade development, enhancing the functionality of comprehensive bonded zones, and strengthening cross-border e-commerce regulations.

    Innovation has become a driving force behind Yiwu’s enduring success. Since 2023, the Chinagoods AI platform, launched by Zhejiang China Commodities City Group Co., Ltd., has gained attention for enabling Yiwu’s business owners to effortlessly create multilingual versions of product videos, supporting over 30 languages.

    Today, more businesses are using new technologies to expand their reach and attract customers.

    At a digital shop in the market, manager Bao Haigang demonstrated a headset that accurately translates over 100 languages via a smartphone app. He said this AI-powered headset launched in 2024 has seen strong sales in markets like Brazil.

    “We will continue integrating AI into traditional products and expect over 30 percent sales growth this year. We are very confident,” Bao said.

    MIL OSI China News

  • MIL-OSI New Zealand: Speech to the Financial Services Council

    Source: New Zealand Government

    Good morning, everyone. 
    I would like to begin by thanking Kirk Hope and the Financial Services Council for the opportunity to speak to you all this morning. I’d also like to acknowledge our friends at the FMA and in particular the CE, Samantha Barrass, who you will be hearing from shortly.
    I’m delighted to speak to you at the start of the year. I hope everyone is refreshed after a good summer, and ready for another big year of delivering for New Zealanders. 2024 was a big year. It was a challenging year. I know all of you in the room today would have felt firsthand the economic challenges. But we got a lot of important work underway and 2025 is shaping up to be an exciting year.
    At this event last year, many of you will remember that I announced plans to reform the financial services sector. As you all know, things were not in a good place. 
    Over successive years, governments had layered up regulations, causing a lack of clarity and excessive conservativism. My mission when I took on the Commerce and Consumer Affairs portfolio was to simplify the financial services landscape. This meant:

    Clarifying the roles of the various regulators to remove duplication; and 
    Tidying up laws and regulations that were constraining businesses from providing great financial products and services.

    My guiding principle was to make it simpler to provide financial services, while balancing the need for appropriate guardrails and consumer protections. Over time this equation had become unbalanced and was so risk-averse that it was harming consumers.
    Many of you will have heard me talk before about the perverse outcomes of making it too hard for Kiwis to access a safe loan from a reputable provider. I am very pleased to say that these financial services reforms are now well progressed. 
    Democracy is a wonderful thing, but the nature of developing good policy and running a thorough consultation process means it can take a long time to for change to work its way through the system. However, we are on track to have the Financial Services Bill passed through all stages by the end of Q1 next year. 
    Contracts of Insurance
    One key highlight of 2024 was passing into law the Contracts of Insurance Act. This work was long overdue. The Law Commission recommended that our insurance law be updated in the 1990s. It is fantastic that we finally got it over the line.
    In terms of other work, the Commerce and Consumer Affairs Minister is responsible for six crown entities including the Commerce Commission and the FMA.  And, according to the Department of Prime Minister and Cabinet, the Minister is broadly responsible for:

    corporate law and governance 
    financial markets
    competition policy
    consumer policy
    protecting intellectual property; and, 
    trade policy and international regulatory cooperation.

    It’s no small list. These are absolutely foundational pieces of architecture for our economy, and in 2024 I kicked off work relating to nearly every single thing on that list. 
    This year I intend to tick two remaining items off that list by progressing a review of copyright and intellectual property and launching a review of the Fair Trading Act.
    The Fair Trading Act is a hugely consequential piece of legislation that covers everything from product safety and product descriptions, through to contract terms and advertising standards.
    Unfortunately, the structural economic issues we face – whether that be declining productivity, lack of capital, a dearth of foreign investment, or over-regulation stymieing growth and innovation – means economic reform is urgent.  As a result, you should hopefully have heard me in the media or at events like this talking about work I have underway to modernise our economy, including:

    Reviewing the Companies Act and reforming our corporate governance laws; and

    Related to this, launching a review of directors’ duties and liabilities led by the Law Commission;

    Implementing a ‘consumer data right’ and laying the foundations for ‘open banking’ and ‘open electricity’ to inject more competition into our economy;
    Creating a new model for the economic regulation of water services;
    Initiating a more coordinated whole-of-government approach to combatting online financial scams;
    Invigorating New Zealand’s capital markets by removing barriers to list on the stock exchange and making it easier for KiwiSaver funds to be invested in unlisted assets;
    Reviewing our competition law to prevent excessive market concentration; and
    Finally, responding to recommendations from the Commerce Commission to improve competition in the banking and grocery sector.

    2025
    2025 is all about delivering on this work. And I know it sounds like a long and unwieldy list, but you can broadly view all the work underway through the lens of two key themes:

    Creating the conditions for businesses and private enterprise to thrive so that we can grow our economy. 

    As you have heard the PM talk about – a bigger, wealthier economy means more jobs and higher salaries for Kiwis, and it means increased tax revenue which pays for public services like schools, roads and hospitals.
    This means making sure that the laws and regulations that determine the operating environment for businesses are modern, fair, and fit for purpose. 

    The second key theme is competition.

    The reality is that New Zealand suffers from overly concentrated markets in several key sectors of our economy – whether that be banking, groceries, building supplies, or parking services. 
    The OECD and others have drawn a link between our lack of competition and falling productivity and the spotlight is well and truly focused on invigorating completion. 

    From the government’s perspective we will be going through every key initiative and programme of work line by line and asking ourselves and our officials: Will this grow the economy? Will this improve competition?
    Will this help New Zealanders to take legitimate business risks? Will it enable them to hire more staff or access capital to invest in new equipment? Will it free up their time so it can be used more productively? Will it encourage innovation and enable them to offer new products and services? And if the answer is no, then don’t expect to see it progressed this year. If the answer is yes, then we will be working at pace to implement it. 
    One of my top focuses this year is improving competition. 
    Competition is one of the most important ways to drive productivity, grow the economy, and lift living standards. That’s why I have launched a two-part review: 

    First, I have asked officials to update the merger and competition provisions in the Commerce Act, to ensure our legal framework is fit for purpose.

    Mergers can improve market efficiencies but can also entrench market power and create monopolies. Our merger regime has not been reviewed in over 20 years and since then our economic landscape has changed significantly. 
    I think everyone in this room can probably point to a merger or acquisition that – with the benefit of hindsight – did not serve us well.

    I have also commissioned an independent review of the governance and effectiveness of the Commerce Commission to maximise its performance.

    On the one hand, we need strong competition laws, and on the other hand we need a powerful and courageous regulator to enforce the law.

    These are important structural changes and signify a strategic shift for our economy.
    This year I am also continuing with reforms to unlock capital for the benefit of New Zealand’s economy.
    I know that New Zealand urgently needs to address our falling productivity and failing infrastructure. That’s why I want to invigorate our capital markets, to encourage investment in infrastructure and productive businesses.  As part of this, we are looking at changes to make it easier for KiwiSaver funds to be invested in unlisted assets, such as infrastructure projects and great New Zealand business.
    We are also exploring adjustments to reduce the costs and barriers faced by companies listed, or listing, on the stock exchange. We will look at other aspects of capital markets settings in the second half of this year.
    Consumer Data Right
    As many of you may be aware, the Customer and Product Data Bill is currently being progressed and is set to have its second reading in Parliament’s next sitting block, which starts next week. This Bill will establish a framework to unlock the potential of customer data, driving innovation and competition in key sectors. 
    We recently consulted on applying the Bill to the banking sector to enable open banking and are beginning work on applying it out to the electricity sector too. The ability to provide new data-driven products and services is hugely exciting. 
    Possible applications for open banking include the ability to apply for a 10-minute online home loan and make instant, low-cost payments. Meanwhile open electricity will make it easier to compare electricity plans and switch providers.
    Scams
    Lastly, I want to talk about a big issue for the financial services sector: Scams.
    Last year, New Zealanders reportedly lost around $200 million to scams, which is 15 per cent more than the previous year. However, some estimates suggest the real losses could be as high as $1 billion. This has prompted me to lead an all-of-government effort to engage with industry to tackle this growing issue.
    I am working closely with telco, banking, and digital platforms and am watching the reforms being progressed in Australia. I expect to be in a position to announce progress on this work shortly.
    Combatting scams is an important social and moral issue – scammers are causing harm and distress to Kiwis – but it is also a business and financial issue. As Kiwis become increasingly concerned about scams, they become distrustful and unwilling to do business online. 
    One of the by-products of scams is legitimate businesses are finding it increasingly difficult to get in touch with their clients. Consumers no longer want to pick up the phone to an unknown number, or respond to unexpected emails or text messages.
    For all these reasons, it is vital that we work with industry to better protect Kiwis from sophisticated and devious scammers – most of whom are based overseas and fall outside our law enforcement.
    ACC
    Before I close, I just want to briefly talk about ACC, which is a new portfolio I have recently taken up.  I am incredibly excited about my new responsibility. 
    ACC has nearly $50 billion under investment. And while there is a lot to be proud of about ACC, the scheme faces several significant challenges.  
    For the last 10 years, ACC’s performance – measured as rehabilitating injured people and getting them back to work – has continuously declined. And this comes at an enormous cost. The liability of existing ACC claims increased from $52 billion in 2022/23 to $60 billion in the last financial year. That’s an increase of $8 billion in a single year. 
    Clearly that’s unsustainable. 
    As employers, you will know that levies are set to rise around 5 per cent to help meet these rising costs. But we cannot meet the increased costs through levies alone. That’s why we have commissioned an independent review of ACC’s performance so we can address broader, underlying issues with the scheme. Turning around ACC’s performance is no mean feat. It is like turning around a super tanker. 
    There are a number of key actions that I will initiate early this year, but it will take a while for these actions to flow through to the front lines and for them to show up on the balance sheet. My job as Minister is to chart the course by creating a robust action plan and setting tight expectations so that within a few years, the super tanker is heading in the right direction.
    I want to be clear that this is not about cost cutting. It is about ensuring ACC is fair and sustainable and can serve future generations without saddling them with unreasonably high levy increases.
    One of the key principles of the ACC scheme is that future generations should not pay for today’s injuries. If we do not arrest the financial situation now, all we do is kick the can down the line and make it the next generation’s problem. 
    Close
    As you can tell, 2024 was a busy year. And 2025 is shaping up to be just as critical. We’ve got several work streams on the go, which I’ve outlined today. 
    I expect to be progressing them at rapid pace, and I look forward to working with you to take our economic growth to the next level.
    Thank you again to the Financial Services Council for having me here today. 

    MIL OSI New Zealand News

  • MIL-Evening Report: Golf courses can be safe havens for wildlife and beacons of biodiversity

    Source: The Conversation (Au and NZ) – By Jacinta Humphrey, Research Fellow in Urban Ecology, RMIT University

    Golf courses are sometimes seen as harmful to the environment. According to the popular notion, the grass soaks up too much water, is cut too short and sprayed with dangerous chemicals. But in reality, golf courses can act as safe havens for native wildlife, especially in cities.

    Cities are home to a wide range of plants and animals, including 30% of Australia’s threatened species. But ongoing population growth and urban development threatens this biodiversity. We’re still losing green space and tree cover, leaving less habitat and resources for native birds, bats, possums, lizards, frogs, beetles and butterflies.

    This is where golf courses can play a role. Australia is one of the golfing capitals of the world, with more than 1,800 active courses. These courses represent large, continuous green spaces often with native vegetation, mature trees, lakes and wetlands. Given their ubiquity, golf courses could help conserve urban biodiversity.

    This week, the annual LIV Golf tournament returns to Grange Golf Club in South Australia. Grange is one of 30 Australian golf courses certified for its commitment to sustainability, partly due to its extensive woodland, natural habitats and wildlife. So what makes a golf course good or bad for biodiversity?

    Grange Golf Club has a Biodiversity Manager.

    The gold in the rough

    From a biodiversity perspective, the most valuable part of a golf course is the area all golfers seek to avoid: the “rough”. These spaces between the green, manicured fairways can include remnant or restored bushland with dense leaf litter, long grass, thick shrubs, and both living and dead trees. This vegetation is often native and features a diversity of plant species.

    Collectively, this can provide a range of resources for native wildlife including food, shelter and tree hollows for nesting. In Melbourne, research found golf courses provided better habitat for wildlife than nearby suburban streets and parklands. They were also home to a greater diversity of birds and bats.

    Golf courses also have relatively little human activity. Golfers are only allowed on the course during certain hours of the day. Courses usually do not allow dogs. And there are few cars and roads, so there’s less noise and light pollution than in other urban areas. This makes golf courses pretty attractive to native animals looking for somewhere to live.

    Many golf courses are heavily irrigated to ensure high-quality playing surfaces. This ample water supply (typically from recycled sources) is fantastic for wildlife, especially in warmer and drier climates. Birds are known to flock to water resources during drought – a behaviour likely to become more common under future climate change.

    Much-feared water hazards for golfers, such as lakes and ponds, actually provide valuable habitat for aquatic birds, frogs, fish and insects. These water bodies are particularly important in cities where wetlands are regularly cleared to make way for new houses, shops and roads.

    Importantly, once constructed, golf courses are rarely threatened by clearing or development. In Perth, research found golf courses helped protect native vegetation as development spread through surrounding suburbs. The mere existence of a golf course can help secure a home for native species for many decades to come.

    Golf courses are not a perfect solution

    However, not all land on golf courses is valuable for wildlife. Large open areas such as fairways typically only benefit species adapted to life in cities such as the aggressive noisy miner.

    Golf courses can also harbour pests such as cane toads, rats and common mynas. These undesirable species may pose a threat to native biodiversity.

    The use of pesticides and fertilisers can affect soil quality, contaminate water sources, and make frogs sick.

    Frequent lawn mowing can reduce insect diversity, particularly among bugs, bees, wasps and ants. This is likely to have flow-on effects for animals that feed on insects, and for flowering plants that depend on insects for pollination and seed dispersal.

    Some urban golf courses may also be physically isolated from other suitable habitats, making it hard for wildlife to safely move around to find food, water and a mate. To get in and out, animals may need to cross busy roads or move through dangerous areas where they are exposed to predators such as cats and foxes.

    Four golf courses in Adelaide are working together to improve and connect habitat.
    Glenelg Golf Club

    So, how can we best manage golf courses for biodiversity?

    In an ideal world, golf courses should only be constructed in developed areas. That’s because constructing courses in natural, undisturbed areas is likely to involve clearing vegetation for fairways, greens, car parks and club houses.

    As a result, the biodiversity value of a golf course increases the closer it is to a city.

    Existing golf courses can help protect biodiversity by retaining and restoring diverse bushland patches in the rough. Important conservation areas can also be fenced off and deemed “out of bounds” to golfers.

    The use of harsh chemicals should be reduced to minimise risks to soil, water and wildlife. “Organic golf courses” overseas are already making progress in this space, but they are far from mainstream.

    Finally, efforts must be made to connect golf courses to nearby parks and reserves through wildlife corridors, road underpasses, and special crossing structures such as rope bridges. This will enable animals to safely move around the urban landscape.

    Many golf courses now have biodiversity management plans and are working hard to make their practices more sustainable. In other cases, disused golf courses are even being converted into conservation reserves, such as the Yalukit Willam Nature Reserve in Elsternwick, Melbourne.

    While golf courses cannot replace natural habitats, they can provide a useful alternative for many species that call our cities home.

    Jacinta Humphrey receives funding from the Holsworth Wildlife Research Endowment, the Ecological Society of Australia, BirdLife Australia, Australian Wildlife Society, and the Field Naturalists Club of Victoria.

    ref. Golf courses can be safe havens for wildlife and beacons of biodiversity – https://theconversation.com/golf-courses-can-be-safe-havens-for-wildlife-and-beacons-of-biodiversity-246673

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: ‘World’s supermarket’ reopens after holiday, embracing innovation in Year of Snake

    Source: China State Council Information Office

    A merchant adorns her store with Spring Festival decorations in the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]

    Yiwu International Trade Market, the world’s largest wholesale market for small commodities located in the city of Yiwu in east China’s Zhejiang Province, reopened on Sunday after the Spring Festival holiday, marking a vibrant start to the Year of the Snake.

    The reopening ceremony featured traditional lion dances and drum performances, creating a vibrant and festive atmosphere.

    Merchants like toy shop owner Chen Meijun voiced optimism for a prosperous year ahead.

    “We received inquiries from regular customers during the holiday, and we expect sales to grow by over 10 percent this year,” Chen said, noting that she plans to expand her business internationally, with trips to Mexico and Kenya scheduled this year.

    Actresses perform at the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]

    Dubbed “world’s supermarket,” Yiwu is an international hub for small commodity production and trade, attracting customers from around the world.

    Nepalese buyer Raj Kumar Khadka was among the first clients to arrive, planning to order ceramics, glassware and other goods worth around 1 million yuan (about 139,500 U.S. dollars).

    A frequent visitor who first came to the city for business 23 years ago, Khadka said Yiwu plays a crucial role in the international commodity trade.

    “Yiwu taught me how to do business,” he said. “Because of this city, I was able to meet people from all over the world and learn about their languages and cultures.”

    The trade market’s 75,000 shops are connected to over 2.1 million enterprises, supporting approximately 32 million jobs. Its strong purchasing demand and diverse product offerings highlight the resilience and growth potential of China’s economy.

    Many businesses are capitalizing on emerging trends, such as 3D-printed toys, which have gained popularity for their vibrant colors and intricate designs.

    “We have invested heavily in R&D and plan to expand our footprints in developed markets while tapping into domestic demand,” said Zeng Hao, manager of a toy company producing and selling 3D-printed toys.

    A dragon dance is staged at a square of the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]

    In late 2024, China’s State Council approved an overall plan for deepening comprehensive international trade reforms in Yiwu, which outlines a vision to promote reforms through further opening up, along with initiatives such as innovating market procurement trade mechanisms, promoting import trade development, enhancing the functionality of comprehensive bonded zones, and strengthening cross-border e-commerce regulations.

    Innovation has become a driving force behind Yiwu’s enduring success. Since 2023, the Chinagoods AI platform, launched by Zhejiang China Commodities City Group Co., Ltd., has gained attention for enabling Yiwu’s business owners to effortlessly create multilingual versions of product videos, supporting over 30 languages.

    Today, more businesses are using new technologies to expand their reach and attract customers.

    At a digital shop in the market, manager Bao Haigang demonstrated a headset that accurately translates over 100 languages via a smartphone app. He said this AI-powered headset launched in 2024 has seen strong sales in markets like Brazil.

    “We will continue integrating AI into traditional products and expect over 30 percent sales growth this year. We are very confident,” Bao said.

    MIL OSI China News

  • MIL-OSI China: Merchants at Yiwu Int’l Trade Market welcome first business day in Year of Snake

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

    Merchants at Yiwu Int’l Trade Market welcome first business day in Year of Snake

    Updated: February 10, 2025 09:02 Xinhua
    This photo taken on Feb. 9, 2025 shows a store open for business in the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province. Merchants at the Yiwu International Trade Market on Sunday welcomed their first business day in the Year of the Snake. [Photo/Xinhua]
    People watch a performance at the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]
    Merchants display Spring Festival decorations in the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]
    Children perform at the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]
    A merchant adorns her store with Spring Festival decorations in the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]
    Actresses perform at the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]
    A merchant (L, front) from Nepal watches a dragon dance performance outside the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]
    People visit the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]
    A dragon dance is staged at a square of the Yiwu International Trade Market in Yiwu, east China’s Zhejiang Province, Feb. 9, 2025. [Photo/Xinhua]

    MIL OSI China News

  • MIL-Evening Report: Trump is now flagging tariffs on steel and aluminium. Can Albanese win an exemption for Australia?

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

    The Albanese government is set to mount a major effort to win an exemption from a proposed 25% tariff on steel and aluminium imports to the United States foreshadowed by President Donald Trump.

    Assuming Trump follows through on the move, it will put major pressure on the prime minister to match the success of the Turnbull government in 2018 when Trump put a 25% tariff on steel and a 10% tariff on aluminium in his first administration.

    Speaking to reporters travelling on Air Force One, Trump flagged he would make the tariff announcement on Monday (Washington time). He said the tariffs would start “almost immedciately” on all foreign steel and aluminium imports.

    The Australian government on Monday was scrambling to put together its response, although government sources insisted it was not surprised and was well prepared.

    Cabinet met on Monday morning where the Trump comments were presumably discussed.

    Trade Minister Don Farrell said on Monday:

    We have consistently made the case for free and fair trade, including access into the US market for Australian steel and aluminium.

    Our bilateral economic relationship is mutually beneficial – Australian steel and aluminium is creating thousands of good paying American jobs, and are key for our shared defence interests too.

    Sources said the government had been making representations on steel and aluminium for months.

    Last week, Farrell said he was seeking talks with incoming US Commerce Secretary Howard Lutnick, but that would have to wait until he was confirmed.

    In the lobbying for special treatment, the government will stress that the US has a trade surplus with Australia.

    In 2023-24, the US imported about 240,000 tonnes of steel products from Australia, valued at US$250 million (A$400 million).

    US imports of Australian aluminium peaked in 2019 at about 270,000 tonnes and declined to around 83,000 in 2024. The three-year average imports from Australia were 167,000 tonnes per year, valued at US$496 million (A$791 million).

    Nationals leader David Littleproud said the issue was a test for Anthony Albanese and Australia’s ambassador to the US, Kevin Rudd.

    Littleproud said:

    When you make disparaging comments about leaders in other parts of the world sometimes it comes back to bite you.

    And unfortunately it could be the Australian economy that gets the bite.

    This is a test to see whether Anthony Albanese’s previous remarks and Kevin Rudd’s previous remarks about President Trump has done this nation harm.

    Littleproud said if Rudd was “not the right person to have these discussions, then we should be mature enough as a country to send someone who can have those discussions to get that carveout”.

    Deputy Prime Minister Richard Marles has just returned from Washington.

    At a news conference there, he was asked whether Australia was concerned about direct reciprocal tariffs or a flow-on effect from them.

    Marles said:

    We obviously are engaging with the United States in respect of our bilateral relationship in respect to tariffs.

    We’ll obviously press Australia’s interest in our case in respect of that. But none of this is a surprise. We know what President Trump’s platform was as he went into the American election.

    He’s been very clear about his policy direction. And so I think we all understand that is going to see changes in American policy in relation to this. From an Australian point of view, we will continue to press the Australian case around the question of trade.

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

    ref. Trump is now flagging tariffs on steel and aluminium. Can Albanese win an exemption for Australia? – https://theconversation.com/trump-is-now-flagging-tariffs-on-steel-and-aluminium-can-albanese-win-an-exemption-for-australia-249476

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Canadian disruptor, Questrade, introduces $0 trade commissions

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 09, 2025 (GLOBE NEWSWIRE) — Questrade (www.questrade.com) — Canada’s #1 rated¹ online brokerage — eliminates trading commissions on its platforms, further empowering Canadians. 

    “We are continuing our tradition of disrupting the industry,” said Edward Kholodenko, president and CEO, Questrade. “We believe Canadians should keep more of their money, and $0 commissions, coupled with our industry-leading platform, will help them do just that – whether they are just starting out or are highly sophisticated traders.” 

    The new $0 pricing, which is now live, will allow Questrade customers to trade Canadian and U.S. listed equities and ETFs commission-free, with options as low as 75¢ per contract².

    Because news this big needed a launch to match, Questrade partnered with actor Gabriel Macht. Known for portraying characters who “get theirs,” Gabriel introduces Canadians to the idea of $0 commissions being the way for you to finally “Get Yours.” Macht says, “I really respect what Questrade stands for as a brand, to me the partnership was the perfect fit.”

    Questrade, a 100% Canadian-owned independent brokerage, has a long history of providing value to Canadians. It was first to reduce trading fees to $9.95, when most brokerages charged $30 or more. Then, Questrade introduced the $4.95 stock trade, and shook things up again with stock trading for as little as one cent per share. 

    However, the company’s innovation isn’t just its pricing. On top of $0 commissions, Questrade has an unmatched suite of offerings, such as: 

    • Being the first Canadian broker to offer the First Home Savings Account (FHSA), helping customers save for a home faster
    • Award-winning customer service³
    • Edge platforms for advanced traders, available on mobile, web, and desktop  
    • Complex order types, such as multi-leg options
    • Seamless integration with 30+ platforms, including TradingView and Passiv
    • Lower fees for better returns with Questwealth Portfolios
    • Free U.S. dollar (USD) accounts

    “We are obsessed with helping our customers build a better financial future – that’s our mission,” said Kholodenko. 

    Awards and Recognition

    About Questrade

    Questrade, Inc. (“Questrade”) is changing the Canadian financial services industry by leveraging technology to lower fees while providing a viable alternative to traditional financial investment options, thereby allowing Canadians to Keep More of their Money. As a leader and innovator in financial services, Questrade is a trusted ally that advocates for consumers, focused on improving value. With 25 years of challenging the status quo as one of Canada’s leading, non-bank online brokerages and over $50 billion in assets under administration, Questrade and its affiliates provide financial products and services, including securities and foreign currency investments. For more information, visit www.questrade.com or on Facebook and X (formerly Twitter) @Questrade. Questrade, Inc. is a registered investment dealer, a member of the Canadian Investment Regulatory Organization (CIRO), and a member of the Canadian Investor Protection Fund (CIPF). Questrade is a wholly owned subsidiary of Questrade Financial Group Inc.

    ¹MoneySense 2024

    ²For options trades placed online through the Questrade, Inc. website or mobile apps, the base commission has been reduced to 0.99¢ per contract. The per contract rate for online options trading is further reduced to 0.75¢ if subscribed to an active trader plan.

    ³In 2025, Questrade was awarded the DALBAR Seal of Service Excellence for the seventh consecutive year. The recognition is given to firms across the financial services industry that demonstrate standout customer service and an exceptional standard of care, including telephone interactions and service delivery.

    Questrade.com/questwealth-portfolios

    Media Contact

    For more information, contact Susan Willemsen at The Siren Group Inc. Tel: 416-461-1567 or M: 416-402-4880, or email: susan@thesirengroup.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6df3f9c6-5c49-4b13-b3c7-48bef6f963de

    The MIL Network

  • MIL-Evening Report: NZ households will be slightly worse off if Trump triggers a trade war – new modelling

    Source: The Conversation (Au and NZ) – By Niven Winchester, Professor of Economics, Auckland University of Technology

    Getty Images

    Donald Trump has already made good on his threat to impose an additional 10% tax on Chinese goods, and is due to announce a 25% tariff on all steel and aluminium imports into the United States.

    While he has paused proposed 25% tariffs on Canadian and Mexican imports for the time being, a trade war between the US and the rest of the world remains a real possibility.

    Mexico, Canada and China responded to Trump’s tariff plans by drafting retaliatory tariffs and countermeasures. But Trump’s threatened tariffs extend well beyond North America and China.

    During his 2024 election campaign he said all trading nations could expect similar treatment, and he explicitly stated his intention to target the European Union (EU):

    They don’t take our cars, they don’t take our farm products, they take almost nothing and we take everything from them. Millions of cars, tremendous amounts of food and farm products.

    While it’s true the EU exports more to the US than it imports, it’s simplistic to use bilateral trade balances as a gauge of the overall economic benefits. International trade allows countries to concentrate on producing the goods and services they do well, and to exchange them for ones more costly to produce domestically.

    Ultimately, trade allows everyone to consume more. A trade war therefore makes nations worse off: tariffs divert trade flows and reduce the exchange of goods. And, of course, this filters down to affect ordinary household incomes.

    Households worse off

    The impact of a trade war on any given country will depend on several factors, including the share of a nation’s exports exposed to new tariffs, and the importance of trade to each economy.

    Small countries tend to trade more than large ones because they specialise in producing a relatively small number of goods, and rely on trade to consume a variety of products.

    To quantify the impacts of a trade war, I consider a scenario where the US imposes additional tariffs of 25% on all merchandise imports (the figure Trump has consistently used), and all other countries respond with similar tariffs on US goods.

    I simulate the tariffs in a global model of production, trade and consumption similar to that used by the New Zealand Productivity Commission’s inquiry into improving economic resilience. The model uses input-output tables that describe production of 32 commodities in each country, and data on bilateral trade in each commodity between nations.

    National-level impacts are measured by calculating the equivalent impact on aggregate household income. This metric converts the effects from the tariffs – including changes in product prices, wages and business profits – into changes in household income.

    In New Zealand, the trade war decreases aggregate household income by 0.1% or NZ$322 million per year. Divided among the country’s nearly two million households, this means each household is worse off by NZ$163 per year.

    Global income declines

    The impacts of the simulated trade war are larger in North America. It decreases US annual aggregate household income by 1.5%, which equates to US$262 billion, or US$2,963 per household.

    In Canada and Mexico, for which the US is both a major export market and source of imports, average household income decreases by 3.6% (US$2,963) and 4.6% (US$1,192), respectively, each year.

    Across all nations, the tariff war results in an equivalent decrease in aggregate household income of 0.7% (US$414 billion) per year.

    The simulated tariff war also results in a reshuffling of trade. New Zealand merchandise exports to the US decrease by NZ$4.4 billion, but exports to other nations increase by a similar amount (due to their price advantage relative to US goods).

    Likewise, New Zealand merchandise imports from the US decrease by NZ$4.7 billion and imports from other nations increase by about the same amount. As a result, the trade war has little impact on New Zealand’s total exports and imports.

    Aggregate trade changes are largest in the US, which imposes new tariffs on all its imports and faces new tariffs in all export markets. US merchandise exports and imports both decrease by around US$565 billion (NZ$1 trillion).

    Overall, the modelling confirms the well known result that trade wars decrease global economic activity and routinely make all nations worse off.

    The Conversation

    Niven Winchester has previously received funding from the Productivity Commission and the Ministry of Foreign Affairs and Trade to estimate the impacts of potential trade policies. He is affiliated with Motu Economic & Public Policy Research.

    ref. NZ households will be slightly worse off if Trump triggers a trade war – new modelling – https://theconversation.com/nz-households-will-be-slightly-worse-off-if-trump-triggers-a-trade-war-new-modelling-249120

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Asia-Pac: HKETO, Brussels hosts receptions in Türkiye and Italy to celebrate Chinese New Year (with photos)

    Source: Hong Kong Government special administrative region

    HKETO, Brussels hosts receptions in Türkiye and Italy to celebrate Chinese New Year (with photos)
    HKETO, Brussels hosts receptions in Türkiye and Italy to celebrate Chinese New Year (with photos)
    ******************************************************************************************

         The Hong Kong Economic and Trade Office in Brussels (HKETO, Brussels) hosted Chinese New Year receptions in Istanbul and Izmir, Türkiye respectively on January 30 and 31, followed by Milan, Italy on February 6, to carry on its series of celebration activities for the Year of the Snake.            The Special Representative for Hong Kong Economic and Trade Affairs to the European Union, Ms Shirley Yung emphasised in her welcoming remarks at the reception in Istanbul that Hong Kong remained as the prime gateway and super connector between China and the rest of the world, with our distinctive advantages under “One Country, Two Systems”.            “As an international financial, trade and shipping centre, and international hub for high caliber talents, we welcome more investors, innovators, start-ups and talents to make Hong Kong your partner and base for grapping the opportunities at both regional and global levels,” said Ms Yung.           Ms Yung highlighted that Hong Kong’s appeal as a global destination continues to grow. She also shared the good news of the reduction in liquor tax, and encouraged enterprises to take Hong Kong as a hub for global wine and liquor trade.            “We invite you to visit Hong Kong and indulge in its tempting gastronomic experience, complemented by high-quality wines and liquors,” added Ms Yung.            HKETO, Brussels took the opportunity to showcase Hong Kong’s unique East-meets-West culture. A cross-media performance fused with Chinese kung-fu, modern electronic music, comic and animation inspired by Hong Kong action movies was presented by the Hong Kong Arts Centre (Comix Home Base), showcasing the innovation and creativity of young artists in Hong Kong. The guests attending the reception in Milan were greeted by a delightful mix of Italian opera aria and Cantonese songs performed by an ensemble of talented Hong Kong musicians.           The receptions in Istanbul, Izmir and Milan brought together 400 guests, including officials from national governments, consulates and embassies, financial and business sectors, academia, cultural and creative sectors, media and the Chinese community, in Türkiye and Italy to mark the enduring friendship with Hong Kong. They were co-organised with Invest Hong Kong and the Hong Kong Trade Development Council.

     
    Ends/Monday, February 10, 2025Issued at HKT 3:30

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Fact Sheet: President Donald J. Trump Is Protecting Americans’ Second Amendment Rights

    US Senate News:

    Source: The White House
    STOPPING FEDERAL INFRINGEMENT ON CONSTITUTIONAL RIGHTS: Today, President Donald J. Trump signed an Executive Order to end the federal government’s violation of Americans’ fundamental Second Amendment right to protect themselves, their families, and their freedoms.
    This Executive Order will halt existing policies designed to curtail the clear right of law-abiding citizens to keep and bear arms.
    The order directs the incoming Attorney General to immediately complete a specific review of all orders, regulations, guidance, plans, and other actions by the Biden Administration regarding firearms—listing several specific documents to be reviewed—and deliver a plan of action to the President to eliminate all infringements on Americans’ Second Amendment rights. 
    ENDING THE ATTACKS ON LAW-ABIDING GUN OWNERS AND GUN BUSINESSES: The Biden Administration has flagrantly sought to eliminate Second Amendment rights. Among other infringements, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) was weaponized to end the livelihoods of law-abiding small business owners in an effort to limit Americans’ ability to acquire firearms:
    The so-called “zero tolerance” or “enhanced regulatory enforcement policy” put in place under the previous administration led to a nearly six-fold increase in enforcement actions against Federal Firearms Licensees (FFL’s), many of whom are mom-and-pop shop small businesses who made innocent paperwork errors.
    Firearms manufacturers have been de-banked or denied services simply because they make guns—which allow Americans to exercise a constitutional right.
    DEFENDING OUR CONSTITUTIONAL RIGHT TO KEEP AND BEAR ARMS: President Trump is standing up for our constitutional Second Amendment right to keep and bear arms, building on progress made during his first term:
    President Trump removed the United States from the United Nations (UN) misguided Arms Trade Treaty to protect Americans from the threat of global regulations of conventional firearms.
    President Trump’s Department of Justice narrowed the definition of “fugitive from justice” to more specific guidelines when determining who is prohibited from buying a gun.
    During the pandemic, President Trump designated the firearms industry “essential” in order to protect gun stores, shooting ranges, and ammunition dealers from being shut down.

    MIL OSI USA News

  • MIL-OSI New Zealand: Obituaries – In Loving Memory – the passing of Raymond Thompson MNZM

    Source: Cloud 9 Screen Entertainment Group

    Message: 9th February 2025 – Beloved, respected and cherished husband, father, grandfather, brother, uncle, friend, confidante, mentor, motivator, inspiration and guiding light, Ray passed away suddenly but peacefully in his sleep in Australia on January 15th, 2025.
    Ray had great respect and esteem for his friends and colleagues in the music, film & television entertainment industries, as well as the New Zealand wine industry (through Tirohana Estate), and a deep appreciation and love for the many fans around the world who were touched by his creative endeavours.
    A force of nature and larger than life, Ray’s passing is a catastrophic loss to his family and they respectfully ask for ongoing privacy during this very difficult time.
    A private family service has been held but it would mean a great deal if in lieu of flowers that donations be made to the non-profitable charity founded by Ray in New Zealand, the Cloud 9 Children’s Foundation ( https://withyoueverystepoftheway.com) which supports and assists children and teenagers (and their families) touched by Autism Spectrum Disorder.
    A writer, musician, producer, creator, viticulturist, philanthropist and dreamer, Ray’s legacy lives on in us all and his music, works and projects will live on. Ray’s beloved Cloud 9 Screen Entertainment will continue, as will Tirohana Estate in Martinborough.
    ‘You cannot ignore the whisper of mortality that inhabits every fading sunset’.
    Keep the Dream Alive.
    BIOGRAPHY AND OBITUARY – RAYMOND THOMPSON MNZM
    Raymond was a veteran of the television and film industries, where he began as a writer (having also had a career as a songwriter and musician). His first novel, The Number To Call Is… was a bestseller and achieved critical acclaim in 1979.
    As lead writer/script consultant he worked on several motion pictures and television series. His credits range from Hotshot to Squadron (for the BBC), Trainer to the icon series Howards Way (also for the BBC), which is regarded by many as one of Britain’s best loved drama series (and which regularly achieved the highest ratings during its six-year run).
    From 1989-1994 Raymond was also Head of Development for BBC Television Drama, and also retained as a consultant to the Controller of BBC Television Drama Series, where he had a production/creative liaison on a wide range of successful BBC titles – many of which are still being broadcast today.
    In 1994 Raymond founded the Cloud 9 Screen Entertainment Group in association with the Sanctuary Group PLC.
    Cloud 9 evolved to be of the most prolific independent production companies (with its titles being show in over 100 countries around the world) and helped contribute to the revitalisation of the Wellington entertainment industry (‘Wellywood’) by supporting and ushering in a new generation of talent in the Wellington and New Zealand television and film communities.
    In addition to being Chief Executive of the Cloud 9 Group, Raymond has also Executive produced Cloud 9’s portfolio of titles from inception to the current day- many of which Raymond also created.
    Credits include The Adventures of Swiss Family Robinson, Return to Treasure Island, William Shatner’s A Twist in the Tale, The Enid Blyton Adventure Series, The Enid Blyton Secret Series, The Legend of William Tell, within Cloud 9’s Classic Collection in association with CLT-UFA.
    His numerous other credits include the iconic series The Tribe (5 seasons of 260 episodes), Atlantis High, Revelations -The Initial Journey, and The New Tomorrow (all created by Raymond).
    In 2000, Ray was the Founder and Chairman of The Cloud 9 Children’s Foundation, a non-profit charity which supports and assists families touched by Asperger’s Syndrome and Autism Spectrum Disorder..
    In 2001 Raymond returned to his musical roots and composed the Spirit Symphony, which premiered at the Michael Fowler Centre in Wellington via a performance by the New Zealand Symphony Orchestra (conducted by Kenneth Young). The symphony is performed in other parts of the world and has been released on CD (and digital release) worldwide. Raymond also composed many of the soundtracks of Cloud 9’s programming.
    In December 2002 Raymond was appointed an Adjunct Professor by Queensland University of Technology in the Creative Industries Faculty as a vehicle for guest lecturing, mentoring and to consult in both the private and public sector on the television and motion picture industries.
    In 2003 Raymond was honoured (along with Ray Bradbury) for the cult series, The Tribe, at the Dragoncon Festival in Atlanta, Georgia.
    In recognition of Raymond’s achievements, he was appointed by Her Majesty Queen Elizabeth II as a member of the New Zealand Order of Merit in the 2003 Honours List in recognition of his services to television and entertainment.
    Raymond adjudicated at many festivals including BAFTA and was a member of the jury for the 2004 Emmy finalists.
    In 2005, Raymond acquired Tirohana Estate ( www.tirohanaestate.com) to pursue his hobby and love of premium wine and was a regular visitor to Martinborough in New Zealand and could often be found participating in each vintage, driving the tractor or ute, and enjoying a chat with diners and clients having a glass of Tirohana Estate’s wines.
    In 2011, Raymond released his memoir book ‘Keeping The Dream Alive’. Raymond was active in bringing together and overseeing the ‘continuing story’ of The Tribe through the official series of tie-in novels released by A.J. Penn from 2012 and the audiobooks (narrated by several members of the original cast of The Tribe). Raymond wrote and Executive Produced The Tribe video game that was released in 2022 (and has since been released in 2024 as an Apple iOS mobile version). ‘The Tribe Collector’s Edition Screenplay’ was released as a book (and eBook) in December 2022.
    Raymond was still heavily involved in philanthropy including his charity The Cloud 9 Children’s Foundation and as well as continuing to oversee Cloud 9’s ongoing activity with its catalogue of titles, was also busy writing original screenplays which he was actively developing in line with Cloud 9’s expansion into the motion picture industries.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Tech and Security – Ingram Micro to Distribute Avast Small Business Solutions in New Zealand

    Source: Botica Butler Raudon Partners for Avast

    AUCKLAND, 10 February 2025 – Avast, a leader in digital security and privacy and part of Gen , has announced that Avast Small Business Solutions will now be available in New Zealand through local distributor Ingram Micro New Zealand. This increases the range of cybersecurity solutions available to small businesses in the market.

    Ingram Micro has been the local distributor for Norton, another consumer brand of Gen, in this market for more than 20 years.  It will launch Avast Essential Business Security, Avast Premium Business Security and Avast Ultimate Business Security next quarter, giving New Zealand resellers access to a greater portfolio of robust cybersecurity solutions.  

    Mark Gorrie, Managing Director Gen APAC says that the collaboration with Ingram Micro New Zealand is a testament to Gen’s commitment to Powering Digital Freedom for people and businesses across the world.  

    “Our joint expertise and support will provide Kiwi resellers with the tools they need to enable their small business customers to thrive in an increasingly complex digital landscape. We have a long history of working successfully together and are confident that Ingram Micro is the right company to support our strategic growth in the region,” says Mark. “We’ll have a full programme of education, training, events and roadshows to ensure that resellers and retailers are able to confidently offer Avast Small Business Solutions to their customers.”

    Gorrie continues, “Avast Business customers in New Zealand will benefit from the combined technical capabilities of the full Gen family of brands including Avast, Norton, AVG and Avira as well as our extensive threat intelligence network of 500 million users of Gen technology. This significant global and local footprint helps keep our small business customers one step ahead of emerging threats.”

    Avast Business has a range of affordable and award-winning cybersecurity solutions for small and growing businesses. Organisations can easily manage their devices through an easy-to-use centralised dashboard ensuring software, data and devices are protected.

    Avast Business product features include:

    • Single management dashboard  
    • Multi-Tenant support 
    • Device and policy management 
    • Import/export of policies 
    • Comprehensive reporting 
    • Alerts and notifications 
    • Master agent 
    • Real-time commands 
    • Network discovery with remote deployment 
    • Business API gateway.

    Customers can add additional solutions such as:

    • Avast Business Patch management 
    • Avast Business Premium remote control 
    • Avast Business Cloud backup.

    “Making Avast Business products available through Ingram Micro New Zealand aligns with our dedication to supporting the security needs of small businesses in New Zealand,” says Leon De Suza, Managing Director at Ingram Micro New Zealand. “This collaboration bolsters our cybersecurity offerings and will help deliver even more comprehensive solutions to our valued reseller partners and their customers.”

    About Avast
    Avast is a leader in digital security and privacy, and part of Gen (NASDAQ: GEN), a global company dedicated to powering Digital Freedom with a family of trusted consumer brands. Avast protects hundreds of millions of users from online threats, for Mobile, PC or Mac and is top-ranked and certified by VB100, AV-Comparatives, AV-Test, SE Labs and others. Avast is a member of the Coalition Against Stalkerware, No More Ransom and Internet Watch Foundation. Learn more at Avast.com. Visit: www.avast.com.  

    MIL OSI New Zealand News

  • MIL-OSI Global: Why Canada must seize the moment and launch its long-awaited Africa strategy

    Source: The Conversation – Canada – By David J Hornsby, Professor of International Affairs and the Vice-Provost and Associate Vice-President (Academic), Carleton University

    Recent events have been nothing short of shock therapy for many Canadians. The threat of economically devastating tariffs by the United States at the behest of President Donald Trump have only reinforced that the time is ripe for Canada to diversify its foreign engagements and collaborations — like with the African region.

    Africa’s geopolitical and economic trajectory is reshaping the global order. With the African Continental Free Trade Area (AfCFTA) poised to become the world’s largest single market, a youthful population driving innovation and vast renewable energy potential, the continent is no longer a peripheral player — it’s a cornerstone of the 21st-century economy.

    Yet Canada, despite years of consultations and pledges, has delayed the release of a comprehensive Africa trade strategy. The time for hesitation is over.

    AfCFTA window is closing

    The AfCFTA, which spans 54 countries and 1.3 billion people, is projected to boost intra-African trade by 52 per cent by 2035. For Canada, this represents a significant opportunity to diversify exports beyond traditional partners like the U.S. and China.

    Canadian sectors from agri-food to clean tech are well-positioned to meet Africa’s demand for value-added goods and infrastructure.

    Global competitors are already moving: China’s trade with Africa surpassed $200 billion in 2023, while the European Union and India have accelerated trade pact negotiations across the continent.

    Without a formal strategy, Canada risks losing access to a market that could define the next decade of economic growth.

    Geopolitical stakes have never been higher

    Russia and China have deepened their influence across Africa, often at the expense of democratic governance and transparency. Canada’s absence isn’t just an economic miss — it’s a strategic void.

    By aligning with African priorities like Agenda 2063, which emphasizes self-reliance and sustainable development, Canada can counterbalance exploitative partnerships with ones rooted in mutual benefit.

    As Agenda 2063 identifies, African leaders are refocusing their agendas from the struggle against apartheid and political independence to “inclusive social and economic development, continental and regional integration, democratic governance and peace and security.” Africa faces a collective US$100 billion annual infrastructure deficit following centuries of colonial incursion and extraction.

    Recent Canadian investments in peace and security, good governance, people-to-people ties ($54 million) and economic empowerment ($176 million for women and youth empowerment) signal intent, but without a unified strategy, these
    efforts are fragmented.

    Aligning perfectly with Africa’s needs

    Canada’s world-class engineering firms and institutions like the Canada Infrastructure Bank could partner with African states and institutions like the African Development Bank and replicate successes achieved in projects like Ghana’s renewable energy grid.

    Africa’s startup ecosystem thrives in the financial technology and agritech sectors, where Canadian expertise and venture capital could catalyze growth.

    Projects like the Lobito Corridor, offer a chance for Canadian firms to contribute to rail and transport development that could be transformative.

    With significant solar and other renewable energies potential, Africa is critical to the net-zero transition. Canadian mining firms and clean energy innovators are natural partners for lithium and cobalt projects, despite the dubious human and environmental rights track record of some Canadian mining companies in the region.

    A Canada-Africa strategy needs to signal a support for mandatory adherence to environmental and human rights standards for mining firms, such as Canada’s Towards Sustainable Mining framework, while strengthening accountability through mechanisms like independent oversight and legal consequences for violations that already exist. By prioritizing partnerships with African governments and local communities, such a strategy could ensure ethical practices through transparent agreements, community consent protocols, and shared governance models foster a future of more ethical behaviour.

    From aid to equity

    Decades of humanitarian aid have fostered good will, but Africa’s leaders increasingly demand collaboration

    Canada’s Feminist International Assistance Policy emphasizes gender equality and aligns with Africa’s push for women-led development.

    But a true partnership requires reciprocity, like South Africa’s significant investments in Canadian mining and climate research collaborations. The African diaspora community, numbering over 1.2 million in Canada, is a bridge to these opportunities.

    The G7 presidency provides opportunity

    The alignment of the Canadian 2025 G7 presidency with South Africa’s 2025 presidency of the G20 offers a pivotal moment to unveil Canada’s African strategy and to mainstream African priorities, from debt relief to digital inclusion.

    The forthcoming G20 gatherings of finance ministers and central bank governors in Cape Town offers a perfect moment to demonstrate an actual plan to diversify Canadian foreign policy engagements and interests while positioning the country to rally allies behind a renewed set of initiatives that exist across the continent.

    To delay any further will not only frustrate business and diaspora groups alike, but will continue to relegate Canada to a marginal role in the continent’s economic and social development.

    The EU’s public and private investments in the green and digital transitions in Kenya and Ghana’s lithium deal with Australia underscore the urgency for a co-ordinated and concerted approach. Canada’s reputation as a reliable partner hangs in the balance.

    A call for cohesion

    A Canadian Africa strategy is critical now more than ever. To fully engage, any plan will need to articulate pan-African trade and streamlined export opportunities. It should leverage soft power by expanding diplomatic missions across regional economic communities.

    Investing in mutual growth via joint ventures in mining, agri-processing, and digital infrastructure is also crucial. Embedding climate justice by linking critical mineral exports to African renewable energy projects will foster sustainable development — all the while maintaining key imperatives of gender equality, one health and the exchange of knowledge through things like the South Africa-Canada Universities Network.

    Africa’s rise isn’t a distant future — it’s unfolding now. Canada has the tools, the values and the economic imperative to act. Delaying further isn’t just a missed opportunity; it’s a generational misstep.

    The strategy is drafted, the stakeholders are ready. All that’s missing is the political will to hit “publish” and get started.

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

    ref. Why Canada must seize the moment and launch its long-awaited Africa strategy – https://theconversation.com/why-canada-must-seize-the-moment-and-launch-its-long-awaited-africa-strategy-249255

    MIL OSI – Global Reports

  • MIL-OSI Africa: Migrant traders play a key role in South African tourism: it’s time policy makers protected them

    Source: The Conversation – Africa – By Alicia Fourie, Professor, GIBS, University of Pretoria

    Street traders play an important role in tourism in South Africa. They provide affordable goods to tourists while generating employment for others. Some even source products locally, such as beadwork, traditional masks, woven baskets and various other souvenirs, creating linkages with domestic producers.

    Most of these traders are migrants from outside South Africa.

    South Africa is regarded as the preferred destination for migration in Africa. Migrancy scholars Jonathan Crush and Vincent Williams point to tourism and entry statistics from Statistics South Africa, visa overstay and deportation data, and refugee figures from the United Nations High Commission for Refugees to support the new movements of refugees since the fall of apartheid.

    On arriving in the country, many enter the informal economy to make a living. Often this involves taking up self-employed entrepreneurial activities such as selling goods on street corners.

    South Africa’s tourism hubs present significant trading opportunities. In 2023, the country attracted 8.48 million international tourists. Though still 41.1% below pre-pandemic levels, this was an improvement. Tourism contributed 3.5% to GDP in 2022, when it outperformed industries like agriculture and construction.

    But traders face tough conditions. The sector’s informality means policymakers can easily overlook it. Traders lack formal recognition and have limited access to resources.

    This should change.

    To improve their conditions, several measures could be helpful, including:

    • well-maintained designated trading areas that are equipped with essential amenities like shelter and storage

    • simplifying the process for obtaining the necessary permits and licences to increase their legal protections and operational stability.

    These measures must be the result of discussions with the traders.

    Our view is informed by research we conducted on informal traders over two years (2022 and 2023) in Cape Town, Durban and Johannesburg. Our focus was on the ability of the traders to adapt during times of crisis and economic downturn.

    We found that the traders showed high levels of resilience and ingenuity to survive under tough conditions. But resilience can’t conquer all. The long-term sustainability of informal trading ventures hinges on external factors. They include government support and functioning institutions such as law and order that can help them manage challenges such as xenophobia.

    The traders

    Our study involved 35 qualitative interviews and 363 completed quantitative questionnaires. Three quarters of the respondents were foreign.

    Traders from east and west Africa were dominant in Cape Town while Zimbabwean traders were dominant in Johannesburg.

    Most informal traders (67%) were the sole income earners for their families, supporting multiple dependants. Before starting their businesses, only 47.5% had formal employment in roles like teaching, cleaning, or sales. Most traders had been operating for over 14 years. Monthly gross incomes averaged US$580, with Johannesburg traders earning more than those in Cape Town and Durban.

    On face value these amounts seem higher than earnings of informally employed wage workers such as day labourers. However, these are gross figures, so comparisons with other occupations or cost of living must be treated with caution.

    Resilience and ingenuity

    The stories the traders shared with us are a testament to resilience and ingenuity. Migrant traders’ adaptability and joint commitment underscore their resilience, a key factor in overcoming economic and social crises.

    Informal trading in the tourism sector drives local economies by providing tourists with authentic cultural experiences through locally crafted products. Traders’ activities create employment opportunities, including jobs for individuals working at the stalls and trolley pushers assisting with setup. Their incomes also support entire families.

    Migrant traders also bring an entrepreneurial spirit to South Africa’s economy. Our research revealed that, unlike some of their South African counterparts who may access social grants, migrant traders often diversify their product offerings quicker and more extensively to adapt to changing market demands. This included introducing clothing alongside crafts or selling locally sourced goods (like items used by traditional healers) during economic downturns.

    Their ability to adapt and innovate, even in difficult circumstances, contributes to the resilience of the broader tourism sector. Migrant traders quickly resumed operations after the pandemic. They used strategies like shared payment devices to improve efficiency, and community networks to weather economic shocks, so that tourism-related goods and services remained available.

    Blind spot for policy makers

    The sector’s informality leaves it overlooked by policymakers.

    During the pandemic, formal businesses received government relief, but informal traders were largely excluded. For migrants, the absence of support was even more pronounced, as they lacked access to social safety nets available to South African citizens.

    By supporting informal traders, particularly migrants, South Africa can enhance the sustainability of its tourism sector. This support could take various forms:

    Policy recognition: Acknowledging the vital role of informal traders in tourism and integrating them into local economic development plans.

    Practical policy responses: Examples include improving visible policing and cleaning up beach precincts, especially in Durban. This would reduce crime, increase tourist visits and improve the lives of street traders.

    Access to resources: Providing grants or loans tailored to informal businesses.

    Skills development: Offering training programmes to strengthen business acumen and innovation.

    Community engagement: Promoting social cohesion to reduce xenophobic attitudes and fostering partnerships between local and migrant traders.

    Next steps

    The stories of South Africa’s informal migrant traders are ones of perseverance and potential. They remind us that resilience is not only an individual trait but a communal effort.

    By recognising and supporting these traders, South Africa would be investing in a more inclusive, robust tourism sector.

    As South Africa seeks to revive its tourism industry through the Tourism Sector Recovery Plan, the contributions of informal traders, local and migrant alike, cannot be overlooked. These entrepreneurs are shaping the fabric of the industry, one craft and one customer at a time. Supporting them is not just an act of kindness; it is a strategic move for the nation’s economic future.

    – Migrant traders play a key role in South African tourism: it’s time policy makers protected them
    – https://theconversation.com/migrant-traders-play-a-key-role-in-south-african-tourism-its-time-policy-makers-protected-them-247244

    MIL OSI Africa

  • MIL-OSI Global: Migrant traders play a key role in South African tourism: it’s time policy makers protected them

    Source: The Conversation – Africa – By Alicia Fourie, Professor, GIBS, University of Pretoria

    Street traders play an important role in tourism in South Africa. They provide affordable goods to tourists while generating employment for others. Some even source products locally, such as beadwork, traditional masks, woven baskets and various other souvenirs, creating linkages with domestic producers.

    Most of these traders are migrants from outside South Africa.

    South Africa is regarded as the preferred destination for migration in Africa. Migrancy scholars Jonathan Crush and Vincent Williams point to tourism and entry statistics from Statistics South Africa, visa overstay and deportation data, and refugee figures from the United Nations High Commission for Refugees to support the new movements of refugees since the fall of apartheid.

    On arriving in the country, many enter the informal economy to make a living. Often this involves taking up self-employed entrepreneurial activities such as selling goods on street corners.

    South Africa’s tourism hubs present significant trading opportunities. In 2023, the country attracted 8.48 million international tourists. Though still 41.1% below pre-pandemic levels, this was an improvement. Tourism contributed 3.5% to GDP in 2022, when it outperformed industries like agriculture and construction.

    But traders face tough conditions. The sector’s informality means policymakers can easily overlook it. Traders lack formal recognition and have limited access to resources.

    This should change.

    To improve their conditions, several measures could be helpful, including:

    • well-maintained designated trading areas that are equipped with essential amenities like shelter and storage

    • simplifying the process for obtaining the necessary permits and licences to increase their legal protections and operational stability.

    These measures must be the result of discussions with the traders.

    Our view is informed by research we conducted on informal traders over two years (2022 and 2023) in Cape Town, Durban and Johannesburg. Our focus was on the ability of the traders to adapt during times of crisis and economic downturn.

    We found that the traders showed high levels of resilience and ingenuity to survive under tough conditions. But resilience can’t conquer all. The long-term sustainability of informal trading ventures hinges on external factors. They include government support and functioning institutions such as law and order that can help them manage challenges such as xenophobia.

    The traders

    Our study involved 35 qualitative interviews and 363 completed quantitative questionnaires. Three quarters of the respondents were foreign.

    Traders from east and west Africa were dominant in Cape Town while Zimbabwean traders were dominant in Johannesburg.

    Most informal traders (67%) were the sole income earners for their families, supporting multiple dependants. Before starting their businesses, only 47.5% had formal employment in roles like teaching, cleaning, or sales. Most traders had been operating for over 14 years. Monthly gross incomes averaged US$580, with Johannesburg traders earning more than those in Cape Town and Durban.

    On face value these amounts seem higher than earnings of informally employed wage workers such as day labourers. However, these are gross figures, so comparisons with other occupations or cost of living must be treated with caution.

    Resilience and ingenuity

    The stories the traders shared with us are a testament to resilience and ingenuity. Migrant traders’ adaptability and joint commitment underscore their resilience, a key factor in overcoming economic and social crises.

    Informal trading in the tourism sector drives local economies by providing tourists with authentic cultural experiences through locally crafted products. Traders’ activities create employment opportunities, including jobs for individuals working at the stalls and trolley pushers assisting with setup. Their incomes also support entire families.

    Migrant traders also bring an entrepreneurial spirit to South Africa’s economy. Our research revealed that, unlike some of their South African counterparts who may access social grants, migrant traders often diversify their product offerings quicker and more extensively to adapt to changing market demands. This included introducing clothing alongside crafts or selling locally sourced goods (like items used by traditional healers) during economic downturns.

    Their ability to adapt and innovate, even in difficult circumstances, contributes to the resilience of the broader tourism sector. Migrant traders quickly resumed operations after the pandemic. They used strategies like shared payment devices to improve efficiency, and community networks to weather economic shocks, so that tourism-related goods and services remained available.

    Blind spot for policy makers

    The sector’s informality leaves it overlooked by policymakers.

    During the pandemic, formal businesses received government relief, but informal traders were largely excluded. For migrants, the absence of support was even more pronounced, as they lacked access to social safety nets available to South African citizens.

    By supporting informal traders, particularly migrants, South Africa can enhance the sustainability of its tourism sector. This support could take various forms:

    Policy recognition: Acknowledging the vital role of informal traders in tourism and integrating them into local economic development plans.

    Practical policy responses: Examples include improving visible policing and cleaning up beach precincts, especially in Durban. This would reduce crime, increase tourist visits and improve the lives of street traders.

    Access to resources: Providing grants or loans tailored to informal businesses.

    Skills development: Offering training programmes to strengthen business acumen and innovation.

    Community engagement: Promoting social cohesion to reduce xenophobic attitudes and fostering partnerships between local and migrant traders.

    Next steps

    The stories of South Africa’s informal migrant traders are ones of perseverance and potential. They remind us that resilience is not only an individual trait but a communal effort.

    By recognising and supporting these traders, South Africa would be investing in a more inclusive, robust tourism sector.

    As South Africa seeks to revive its tourism industry through the Tourism Sector Recovery Plan, the contributions of informal traders, local and migrant alike, cannot be overlooked. These entrepreneurs are shaping the fabric of the industry, one craft and one customer at a time. Supporting them is not just an act of kindness; it is a strategic move for the nation’s economic future.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Migrant traders play a key role in South African tourism: it’s time policy makers protected them – https://theconversation.com/migrant-traders-play-a-key-role-in-south-african-tourism-its-time-policy-makers-protected-them-247244

    MIL OSI – Global Reports

  • MIL-OSI Australia: Best Australian beaches for 2025 revealed

    Source: Minister for Trade

    There is no doubt that Australia has the best beaches in the world, and Tourism Australia’s official 2025 Best Australian Beaches list highlights just how extraordinary our coastline is.

    For the first time Tasmania has won the title of Australia’s ‘best beach,’ with the coveted top spot going to a 10-kilometre section of pristine coastline in the Bay of Fires, stretching across a handful of beach bays from The Gardens to Binalong Bay.

    Other notable beaches on the list include Little Lagoon which is an egg-shaped inlet at Shark Bay in Western Australia and Fishery Bay on the Eyre Peninsula which is located about 20 minutes southwest of Port Lincoln.

    The Best Australian Beaches list helps international travellers and local holidaymakers, to discover hidden gems and explore different parts of the country beyond our capital cities.

    Congratulations to all of the communities connected with the top 10 Best Australian Beaches for 2025:

    1. Bay of Fires, Tasmania
    2. Woolgoolga, New South Wales
    3. Emily Bay Lagoon, Norfolk Island
    4. North Kirra Beach, Queensland
    5. Little Lagoon, Western Australia
    6. Fishery Bay, South Australia
    7. 1770, Queensland
    8. Scarborough Beach, Western Australia
    9. Caves Beach, New South Wales
    10. Cowes Beach, Victoria

    Tourism Australia’s beach ambassador, Brad Farmer AM, curates the list each year, which helps to refine the top 10 from the almost 12,000 beaches on Australia’s mainland and islands.

    Quotes attributable to the Minister for Trade and Tourism Don Farrell:

    “There will be many families, just like mine, that love looking through the “Best Australian Beaches” list every year to pick which ones they want to visit next.

    “It’s a very difficult job choosing just 10 places to highlight from the almost 12,000 beaches on Australia’s mainland and islands – but Tourism Australia’s beach ambassador does an exceptional and thorough job.

    “I was thrilled to see Fishery Bay on the Eyre Peninsula in SA make the top 10 – my great grandfather was the first harbour master at nearby Arno Bay, which is also a stunning spot.

    “This year’s list will highlight to the world what many in Australia know – that Bondi and Brighton are wonderful, but it’s worth the journey to regional SA to see some truly unique beaches.” 

    Images, vision and grabs are available via the Dropbox library.
     

    MIL OSI News

  • MIL-OSI USA: Governor Newsom announces appointments 2.7.25

    Source: US State of California 2

    Feb 7, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    Khalil “KC” Mohseni, of Sacramento, has been appointed Commissioner of the California Department of Financial Protection and Innovation, where he has been the Chief Deputy Director since 2023. Mohseni was the Chief Operating Officer at the State Controller’s Office from 2022 to 2023. He was the Deputy Director of Administration at the California Department of Housing and Community Development from 2020 to 2022. Mohseni was a Project Director of Business at the Business, Consumer Services, and Housing Agency from 2018 to 2019. He was the Chief Fiscal officer at the Board of State and Community Corrections from 2015 to 2018. Mohseni earned a Juris Doctor degree from the University of California, Davis School of Law, and a Bachelor of Arts degree in Political Science from the University of California, Irvine. This position requires Senate confirmation, and the compensation is $224,868. Mohseni is registered without party preference. 

    Kelly Madsen, of Elk Grove, has been appointed Director of Enterprise Risk Management and Compliance at the California Housing Finance Agency, where she has been the Deputy Director of Innovation and Special Initiatives since 2024. Madsen was a Business Manager at the Waverley Street Foundation in 2023. She was the Director of Scheduling at the Office of Governor Gavin Newsom from 2021 to 2022. Madsen was a Digital Advertising Consultant and Operations Manager at Psyberware from 2017 to 2021. She was a Product Data Analyst at Viator from 2015 to 2018. Madsen held two positions at the California Department of Education, Office of State Superintendent of Public Instruction Tom Torlakson from 2011 to 2014, including Strategic Initiatives Coordinator and Policy Advisor from 2012 to 2014 and Director of Scheduling from 2011 to 2012. She was the Director of Scheduling at the Office of Governor Arnold Schwarzenegger from 2008 to 2010. Madsen earned a Bachelor of Arts degree in Political Science from the University of California, Davis. This position does not require Senate confirmation, and the compensation is $152,988. Madsen is a Democrat.

    Adam P. Romero, of Los Angeles, has been appointed Chief Deputy Director at the Department of Industrial Relations. Romero has been Deputy Director of Executive Programs at the California Civil Rights Department since 2020. He was an Adjunct Professor at University of California, Los Angeles School of Law from 2017 to 2020. Romero held several roles at The Williams Institute at University of California, Los Angeles School of Law from 2014 to 2020, including Director of Legal Scholarship and Federal Policy, Arnold D. Kassoy Scholar of Law, and Senior Counsel. He was Senior Associate at Wilmer Cutler Pickering Hale and Dorr from 2010 to 2014. Romero served as a Law Clerk for the Honorable Judge Shira A. Scheindlin at the U.S. District Court, Southern District of New York from 2009 to 2010 and for the Honorable Judge M. Margaret McKeown at the U.S. Court of Appeals, Ninth Circuit from 2008 to 2009. He is a member of the Chancery Club of Los Angeles. Romero earned a Juris Doctor degree from Yale Law School and a Bachelor of Arts degree in Government from Cornell University. This position does not require Senate confirmation, and the compensation is $190,008. Romero is a Democrat.

    Janus Norman, of Sacramento, has been appointed to the California Workforce Development Board. Norman has been President and Chief Executive Officer of the California Broadband and Video Association since 2022. He was Senior Vice President at the California Medical Association from 2013 to 2022. Norman was a Field Representative at the American Federation of State, County and Municipal Employees – AFL-CIO from 2010 to 2013. He was a Government Analyst at the Judicial Council of California from 2008 to 2010. Norman was a Senior Consultant for the California State Assembly from 2002 to 2008. He earned a Master of Business Administration degree from the University of Southern California and a Bachelor of Arts degree in Communication Studies from California State University, Sacramento. This position does not require Senate confirmation, and the compensation is $100 per diem. Norman is a Democrat.

    Hala Hijazi, of San Francisco, has been appointed to the California Workforce Development Board. Hijazi has been the Founder and Chief Operating Officer at Impact Strategies-SF since 2014. She was a Business Development Manager in the Infrastructure and Labor Division at the San Francisco Public Utilities Commission from 2007 to 2014. Hijazi was a Project Director for the San Francisco Department of Public Works from 2004 to 2007. She was Deputy Director of Marketing for the Mayor’s Office of Economic Development and Special Assistant to the Mayor at the Office of San Francisco Mayor Willie L. Brown, Jr. from 1997 to 2004. Hijazi is the Founder of Professionals VIP Network/Impact Council and San Francisco Bay Area AMEMSA Advisory Board and Muslim Impact Council, Chair of the Board of Directors at Reproductive Freedom for All California PrivacyPAC and Director of the San Francisco Chapter of the Truman National Security Project. She is a Member of the Board of Directors at the American Red Cross, Northern California Coastal Region and Interfaith Center at the Presidio, an Advisor to the Human Rights Studies Program at University of California, Davis and a Member of the Regional Advisory Council for DignityMoves, Democratic National Committee’s Finance Committee, San Francisco Police Department Police Chief’s Community Policing Advisory Forum, and the Leadership Circle at Foreign Policy for America. She earned a Bachelor of Arts degree in Sociology from University of California, Davis. This position does not require Senate confirmation, and the compensation is $100 per diem. Hijazi is a Democrat.

    Charles “Chuck” Poss III, of Huntington Beach, has been appointed to the California Apprenticeship Council. Poss has been the President at Earth Construction and Mining since 2004. He was the Chief Estimator and Senior Project Manager at C.W. Poss Inc. from 1980 to 2004. Poss earned a Bachelor of Science degree in Construction Engineering from Purdue University. This position does not require Senate confirmation, and the compensation is $100 per diem. Poss is a Republican.

    Alejandro “Alex” Beltran, of Antelope, has been appointed to the California Apprenticeship Council. Beltran has been the Director of Training at the Finishing Trades Institute of Northern California and Nevada since 2008. He was a Journey Worker at Sacramento Glazing from 1997 to 2008. Beltran is a member of the Glaziers Local Union 767, District Council 16 International Union of Partners and Allied Trades. This position does not require Senate confirmation, and the compensation is $100 per diem. Beltran is a Democrat.

    Adhitya “Adhi” Nagraj, of Oakland, has been reappointed to the California Housing Partnership Corporation, where he has served since 2016. Nagraj has been the Chief Development Officer at McCormack Baron Salazar since 2022. He was Senior Vice President at McCormack Baron Salazar from 2019 to 2022. Nagraj was the San Francisco Director at SPUR from 2018 to 2019. He was the Director of Real Estate Development at BRIDGE Housing Corporation from 2013 to 2018. Nagraj earned a Juris Doctor degree from Columbia Law School. This position requires Senate confirmation, and there is no compensation. Nagraj is a Democrat.

    Pamela Daniels, of El Granada, has been reappointed to the Board of Chiropractic Examiners, where she has served since 2021. Daniels has been a Chiropractor at Daniels Chiropractic Inc. since 2003, where she is also the Owner and Founder. Daniels earned a Doctor of Chiropractic degree from Palmer College of Chiropractic West and a Master of Science degree in Clinical Neuroscience from the Carrick Institute. She is a member of the California Chiropractic Association. This position does not require Senate confirmation, and the compensation is $100 per diem. Daniels is a Democrat.

    Sergio F. Azzolino, of San Francisco, has been appointed to the Board of Chiropractic Examiners, where he previously served from 2012 to 2021. Azzolino has been the Clinic Director of Azzolino Chiropractic Neurology & Integrative Wellness since 1995 and an Assistant Professor of Clinical Neurology at the Carrick Institute since 2009. He is President of the American Board of Chiropractic Neurology. Azzolino earned a Doctor of Chiropractic degree from Life Chiropractic College West.  This position does not require Senate confirmation, and the compensation is $100 per diem. Azzolino is registered without party preference.

    Press Releases, Recent News

    Recent news

    News SACRAMENTO – Governor Gavin Newsom today announced that he has signed the following bills: SBX1-1 by Senator Scott Wiener (D-San Francisco) – Budget Act of 2024.SBX1-2 by Senator Scott Wiener (D-San Francisco) – Budget Act of 2024. A signing message can be found…

    News LOS ANGELES — Governor Gavin Newsom, LA28 Chairperson and President Casey Wasserman, Dodgers Chairman Mark Walter, and NBA legend Earvin “Magic” Johnson have teamed up through LA Rises to release a new PSA warning fire victims about predatory real estate…

    News What you need to know: Governor Newsom has made the recovery for Los Angeles his top priority – directing a whole-of-government response to support communities and survivors.  LOS ANGELES – In the one month following the Los Angeles firestorms, Governor Gavin…

    MIL OSI USA News

  • MIL-OSI Asia-Pac: Aero India 2025

    Source: Government of India

    Aero India 2025

    A Glimpse into the Future of Aerospace and Defence Innovation

    Posted On: 08 FEB 2025 11:41AM by PIB Delhi

    Introduction

     

    Aero India, Asia’s Largest Air Show, is a biennial air show and aviation exhibition which is held in Bengaluru, organized by the Defence Exhibition Organisation, Department of Defence Production, Ministry of Defence. Aero India is India’s premier aerospace and defence exhibition where global aero vendors and the Indian Air Force (IAF) thrill the spectators with back-to-back aerobatic flying displays. It is a flagship event that brings together global industry leaders, government officials, technology experts, and defence strategists under one roof. The event not only showcases the nation’s technological prowess and innovations but also provides a dynamic platform for international cooperation and strategic dialogue.

     

         

     

    The Legacy and Importance of Aero India

     

    Aero India has evolved into a major international event that not only highlights the latest advancements in aerospace technology but also serves as a critical forum for strategic interactions between domestic and international stakeholders. The show is a reflection of the nation’s commitment to advancing its aerospace and defence capabilities. Over the years, Aero India has been instrumental in:

    • Showcasing Cutting-Edge Technologies: The event regularly features demonstrations of state-of-the-art aerospace systems, innovative defence solutions, and breakthrough technologies that are shaping the future of air and space travel.
    • Fostering Strategic Dialogues: Through high-level interactions, Aero India has provided an arena for discussions on policy, defence collaborations, and the future roadmap of the aerospace sector.
    • Enhancing International Partnerships: With participation from global aerospace giants and defence agencies, the show underscores India’s growing stature as a key player in the international aerospace community.

     

                                            

     

    This legacy has not only paved the way for the current editions of the event but has also set a high benchmark for the future. Aero India is more than an exhibition—it is a convergence point of innovation, strategy, and national pride.

     

    Aero India 2025

     

    Aero India 2025, the 15th edition of Aero India, is designed to be a landmark edition that leverages the successes of its predecessors while charting new territories in aerospace and defence technology. Aero India 2025 will be held from 10th to 14th February 2025 at Yelahanka Air Force Station, Bengaluru, Karnataka, India. The first three days are dedicated to business visitors, while the last two days are open to the general public.

     

     

    The broad theme is ‘The Runway to a Billion Opportunities’.

     

    Events at Aero India 2025

     

    The five-day event comprises a curtain raiser event, inaugural event, Defence Ministers’ Conclave, CEOs’ Round-Table, iDEX start-up event, breath-taking air shows, a large exhibition area comprising India Pavilion and a trade fair of aerospace companies.

    • To facilitate dialogue towards strategic partnership with friendly countries, India will host the Defence Ministers’ Conclave on the theme ‘BRIDGE -Building Resilience through International Defence and Global Engagement’. It encapsulates the dynamic geopolitical conditions and the path to mutual prosperity, which can be BRIDGED through cooperation among nations with shared vision of security and development.

     

     

    • A number of bilateral meetings are planned at the levels of Raksha Mantri, Raksha Rajya Mantri, Chief of Defence Staff and Secretary among others on the sidelines of the event. The focus will be on bolstering the defence and aerospace ties with friendly countries by exploring newer avenues to take the partnership to the next level.
    • The CEOs’ Round-Table is expected to provide a favourable platform to foreign Original Equipment Manufacturers (OEMs) for manufacturing in India. Global CEOs, CMDs of domestic PSUs and premier private defence & aerospace manufacturing companies from India will be participating in the event.
    • The India Pavilion will showcase India’s commitment to its Make-in-India initiative by showcasing indigenous defence manufacturing capabilities and cutting-edge technologies ready for the global stage, including the future prospects. Promotion of Indian start-ups is a focus area at Aero India 2025 and a wide spectrum of state-of-the-art technologies/products developed by them will be showcased at an exclusive iDEX pavilion.
    • In addition, dynamic aerobatic displays and live technology demonstrations will provide an immersive experience, showcasing the potential of modern aerospace platforms and technologies. A number of seminars on various important themes are also planned as part of the event.

     

     

    Aero India 2023: A Retrospective Analysis

     

    The previous editions of Aero India played a critical role in laying the groundwork for the continued evolution of India’s aerospace and defence landscape. The 14th edition of Aero India 2023 was held from 13th–17th February at Bengaluru, Karnataka and has been the largest ever edition since its inception in 1996 with more than 100 countries, 809 exhibitors, first ever Fly past with 53 aircrafts showcasing our airpower to global attendees and a total footfall of 7+ lakh visitors over five days. Aero India 2023 was characterized by a series of significant milestones and impactful demonstrations. Key aspects of the 2023 edition were:

    • Showcasing Advanced Aerospace Technologies: The 2023 event provided a platform for companies to display state-of-the-art aerospace systems and defence solutions. This not only demonstrated technological innovation but also set the stage for future advancements in the field.
    • Facilitating Strategic Engagements: Aero India 2023 was instrumental in bringing together a diverse group of stakeholders, including government officials, industry experts, and international delegations. The event fostered an environment of strategic dialogue that focused on collaborative ventures and technological partnerships.
    • Strengthening India’s Global Position: By successfully hosting a comprehensive and well-coordinated exhibition, Aero India 2023 reinforced India’s commitment to advancing its aerospace capabilities. The show also underscored the country’s readiness to engage with global partners in driving forward the next wave of aerospace innovation.

     

     

    The successes and challenges of Aero India 2023 have provided valuable lessons that are being incorporated into the planning and execution of Aero India 2025. The focus on operational excellence, international collaboration, and technological innovation—elements that were prominently on display in 2023—serve as the cornerstone for the upcoming edition. The forward momentum generated by the previous edition is expected to translate into even greater achievements in 2025, with enhanced protocols, refined strategies, and an expanded global participation footprint.

     

    Events at Aero India 2023

     

    The event comprised of a Defence Ministers’ Conclave; a CEOs Round Table; Manthan start-up event; Bandhan ceremony; breath-taking air shows; a large exhibition; India Pavilion and a trade fair of aerospace companies.

     

    Major exhibitors & equipment

    The major exhibitors included Airbus, Boeing, Dassault Aviation, Lockheed Martin, Israel Aerospace Industry, BrahMos Aerospace, Army Aviation, HC Robotics, SAAB, Safran, Rolls Royce, Larsen & Toubro, Bharat Forge Limited, Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), Bharat Dynamics Limited (BDL) and BEML Limited.

     

     

    Aero India 2023 showcased design leadership and growth in UAVs Sector, Defence Space and futuristic technologies. The event aimed to promote export of indigenous air platforms like Light Combat Aircraft (LCA)-Tejas, HTT-40, Dornier Light Utility Helicopter (LUH), Light Combat Helicopter (LCH) and Advanced Light Helicopter (ALH).

     

    Defence Ministers’ Conclave

    Defence Ministers’ Conclave was held on 14th February 2023. Defence Ministers of friendly foreign countries participated in the meeting, which was organised on the theme ‘Shared Prosperity through Enhanced Engagements in Defence (SPEED)’. The conclave addressed aspects related to deepen cooperation for capacity building (through investments, R&D, joint venture, co-development, co-production and provisioning of defence equipment), training, space, Artificial Intelligence (AI) and maritime security to grow together. The conclave was an opportunity for the defence ministers to engage with each other to carry forward the ‘Make in India, Make for the World’ vision.

     

    Bilateral meetings

    On the sidelines of Aero India 2023, a number of bilateral meetings were held at the levels of Raksha Mantri, Raksha Rajya Mantri, Chief of Defence Staff and Defence Secretary among others. The focus was on bolstering the defence & aerospace ties with friendly countries by exploring newer avenues to take the partnership to the next level.

     

    CEOs Round Table

    The ‘CEOs Round Table’, under the chairmanship of the Raksha Mantri, was held on 13th February 2023, on the theme Sky is not the limit: opportunities beyond boundaries.’ It laid the foundation of a more robust interaction between the Industry Partners and Government with an eye on bolstering the ‘Make in India’ campaign.

     

    The Round Table witnessed participation from officials, delegates and global CEOs from 26 countries including global investors such as Boeing, Lockheed, Israel Aerospace Industries, General Atomics, Liebherr Group, Raytheon Technologies, Safran, General Authority of Military Industries (GAMI) etc. Domestic PSUs like HAL, BEL, BDL, BEML Limited and Mishra Dhatu Nigam Limited also participated.

     

    Bandhan ceremony

    The Bandhan ceremony, which witnessed signing of Memoranda of Understanding (MoUs)/Agreements, Transfer of Technologies, Product Launches and other major announcements, was held on February 15th. A concerted effort was made towards forging B2B partnerships at the Bandhan ceremony and more than 250 such partnerships with a total value of more than Rs 75,000 crore have been finalized.

     

    Manthan

    The annual defence innovation event, Manthan, was the flagship technology showcase event held on 15th February. Organised by Innovations for Defence Excellence (iDEX), the Manthan platform will bring the leading innovators, start-ups, MSMEs, incubators, academia and Investors from defence & aerospace ecosystem under one roof.

     

    Manthan had many firsts, including launch of challenges on Cyber Security, establishment of iDEX Investor Hub, MoUs with investors etc. Manthan 2023 provided an overview on the future vision/next initiatives of iDEX to galvanise the start-up ecosystem to foster innovation and technology development in the defence sector.

     

    India Pavilion

    The India Pavilion, based on ‘Fixed Wing Platform’ theme, showcased India’s growth in the area, including the future prospects. There was a total of 115 companies, displaying 227 products. It further showcased the growth of India in developing an ecosystem for Fixed Wing platform which includes the demonstration of various structural modules, simulators, systems (LRUs) etc. of LCA-Tejas aircraft being produced by Private Partners. There was also be a section for Defence space, New Technologies and a UAV section which will give an insight about the growth of India in each sector.

     

    A full scale LCA-Tejas aircraft in Full Operational Capability (FOC) configuration was at the center stage of India Pavilion. LCA Tejas is a single engine, light weight, highly agile, multi-role supersonic fighter. It has quadruplex digital fly-by-wire Flight Control System (FCS) with associated advanced flight control laws. The aircraft with delta wing is designed for ‘air combat’ and ‘offensive air support’ with ‘reconnaissance’ and ‘anti-ship’ as its secondary roles.

     

    Seminars

    A number of seminars were held during the five-day event. The themes included Harnessing Potential of Ex-servicemen for Indian Defence Industry; India’s Defence Space Initiative: Opportunities for shaping Indian private space ecosystem; Indigenous development of futuristic aerospace technologies, including aero engines; Destination Karnataka: US-India defence cooperation innovation and Make in India; Advancement in maritime surveillance equipment and assets; sustenance in MRO and Obsolescence Mitigation and achieving excellence in defence grade drones and Aatmanirbharta in Aero Armament Sustenance.

     

    Major Agreements at Aero India 2023

     

    • MoU between Hindustan Aeronautics Limited and Safran Helicopter Engines, France for Work Share for formation of Joint venture for Design, Development, Manufacture and life time support of Helicopter Engines.
    • MoU between Bharat Electronics Ltd and Aeronautical Development Agency on IWBC and Other LRUs for Advanced Medium Combat Aircraft (AMCA).
    • Co-operation between BSS Material Limited and Pegasus Engineering, an ADUSEA Inc. Division (USA) for Logistic Drones for the Indian Army towards Last Mile Delivery for forward troops deployed along the border areas with capability of operation in wind/gust condition, rain/Snow etc.
    • MoU between Gopalan Aerospace India Pvt. Ltd. and Omnipol, Czech Republic for manufacturing and assembling of 1st passenger aircraft (L 410 UVP-E20 version) by a private company in India.
    • MoU on collaboration of Sagar Defence Engineering Private Limited (SDEPL) & Israel Aerospace Industries (IAI) for IDEX Challenge “Autonomous Weaponized boat Swarm” for Indian Navy.
    • MoU between Bharat Dynamics Limited and Bultexpro Ltd., Bulgaria for setting up the manufacturing facilities for 122mm GRAD BM ER and NONER rockets in India and fulfill the requirements (including ToT).
    • MoU between GRSE and Rolls-Royce Solutions GmbH (MTU) for License production with localization of the MTU 16V4000M73L engine to support the indigenous content for the Next Generation Fast Attack Craft vessel for Indian Navy.
    • BEML enters into License Agreement for Transfer of Technology (ToT) with R&DEE, DRDO for development and supply of TRAWL Assembly for T-72/T-90 Tanks.
    • ToT of Shakti EW System from DLRL DRDO to BEL Hyderabad Unit for all system units, Bill of Material, Test procedures, integration & offering methodology.
    • MoU between Hindustan Aeronautics Limited and Elta Systems Limited, Israel for cooperation on future Business in Maritime Patrol Radar (MPR) for Indian Platforms.

     

    Products Showcased at Aero India 2023

     

    • Vertically Launch Short Range Surface-to-Air Missile (Bharat Dynamics Limited): VLSRSAM is a next-generation, ship-based, all-weather, air defence weapon which can be used by Navy as a quick reaction point defence against supersonic sea skimming targets like aircraft and UAVs. The Missile has a smokeless propulsion system with all-weather capability. It has a highly agile configuration with state-of-the-art Electronic Counter-Counter Measures features.
    • SAL Seeker ATGM for BMP II (Bharat Dynamics Limited): Semi-Active Laser Seeker based Anti-Tank Guided Missile for BMP-II is a subsonic missile with a range of 4,000 metres and flight time of 25 seconds. The missile weighs 23 kgs with the launch tube and can be used in different kinds of terrains to incapacitate the moving and stationary targets such as tanks and Infantry Combat Vehicles.
    • Jishnu (Bharat Dynamics Limited): Jishnu, a Drone Delivered Missile, is light weight and miniaturised missile targeted for soft-skinned targets. It has a range of 1.5 km with a flight time of 9 seconds. The missile can be semi-automatic or completely autonomous based on the systems configurations.
    • Software defined NAVIC/GPS receiver module based on indigenously-developed processors (Astra Microwave Products Limited).
    • Indigenously-built ‘Counter Drone Radar’ based on technology from DRDO (Astra Microwave Products Limited).
    • 9 mm sub-sonic ammunition (Munitions India Limited).
    • BFT on Ios (ideaForge Technology Limited): BlueFire Touch BlueFire Touch, our Ground Control Station (GCS) software, is built to plan and command both mapping and surveillance missions with the ability to pre-plan missions based on operational area and target locations via waypoint-based navigation.
    • HF SDR Radio (Bharat Electronics Limited): It is an advanced software defined radio. The radio is lightweight 20 W transmit capable radio. It provides a complete solution to the short-range communication requirements in the crowded HF band and long-range communications beyond line of sight.
    • Goniometer (Bharat Electronics Limited): It is part of any integrated observation and fire control monitoring system for day time or night time use by the Artillery.

     

    Looking Ahead: The Future of Aerospace and Defence in India

     

     

    Aero India has always been more than just an exhibition—it is a strategic imperative that underscores India’s commitment to becoming a global leader in aerospace and defence. The event plays a pivotal role in:

    • Driving Technological Advancements: By bringing together innovators and industry leaders, Aero India acts as a catalyst for the development and deployment of next-generation aerospace systems.
    • Enhancing National Security: The technologies and strategies showcased at the event contribute directly to enhancing India’s defence capabilities, ensuring that the nation remains well-prepared to address contemporary and future security challenges.
    • Strengthening Economic Growth: Beyond defence, the advancements in aerospace have far-reaching implications for economic growth, industrial development, and technological self-reliance.

     

    Conclusion: Embracing the Future with Aero India

     

    Aero India stands as a testament to India’s unwavering commitment to innovation, strategic collaboration, and excellence in aerospace and defence. As the nation prepares to host Aero India 2025, the event promises to build on the rich legacy of previous editions—most notably, the transformative Aero India 2023. Through rigorous operational protocols, strategic partnerships, and a forward-thinking agenda, Aero India 2025 is poised to further elevate India’s profile on the global aerospace stage.

     

    Annexure

    1. Broad Programme of Aero India: https://www.aeroindia.gov.in/assets/front/broad_programme.pdf
    2. List of Seminars: https://www.aeroindia.gov.in/assets/front/seminar_list.pdf
    3. List of Invited Speakers: https://www.aeroindia.gov.in/assets/front/speakers_list.pdf
    4. Visitor Registration: https://www.aeroindia.gov.in/visitor-registration

     

    References

    https://www.aeroindia.gov.in/

    https://www.aeroindia.gov.in/faq

    https://www.aeroindia.gov.in/whyexhibit

    https://pib.gov.in/PressReleseDetailm.aspx?PRID=1899388

    https://pib.gov.in/PressReleasePage.aspx?PRID=2091447

    https://www.ddpmod.gov.in/resources/photos/aero-india

    https://x.com/aeroindiashow?lang=en

    https://pib.gov.in/PressReleasePage.aspx?PRID=1898547

    https://pib.gov.in/PressReleasePage.aspx?PRID=2090516

    https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1989502

    https://x.com/MIB_India/status/1887124348617760992

    https://x.com/AeroIndiashow/status/1887371647331516549

    https://x.com/MIB_India/status/1886725544823415252

    https://x.com/AeroIndiashow/status/1887050312281641266

    https://x.com/AeroIndiashow/status/1869024504485208160/photo/1
    https://x.com/AeroIndiashow/status/1849117379852132485/photo/1

    https://x.com/AeroIndiashow/status/1626582275365441537/photo/3

    https://x.com/AeroIndiashow/status/1626530283892903936/photo/1

    https://www.ddpmod.gov.in/resources/photos/aero-india

    Click here to download PDF

    ******

    Santosh Kumar | Sarla Meena | Rishita Aggarwal

    (Release ID: 2100966) Visitor Counter : 56

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Sydney ETO supports Hong Kong String Orchestra’s Chinese New Year tour in Australia (with photos)

    Source: Hong Kong Government special administrative region

    Sydney ETO supports Hong Kong String Orchestra’s Chinese New Year tour in Australia (with photos)
    Sydney ETO supports Hong Kong String Orchestra’s Chinese New Year tour in Australia (with photos)
    ******************************************************************************************

         The Hong Kong Economic and Trade Office, Sydney (Sydney ETO) supported the Hong Kong String Orchestra (HKSO) in staging five music concerts in Adelaide, Sydney, Canberra, with the final performance concluded successfully in Melbourne yesterday (February 7) to celebrate Chinese New Year with local audience, showcasing Hong Kong’s music excellence as well as telling the good stories of Hong Kong. More than 4 000 audiences across Australia have enjoyed the wonderful performances of HKSO.           HKSO’s performances in Australia included an exclusive afternoon concert at the Theatrette of the Parliament of New South Wales (NSW) on February 3. Marking a significant milestone in the cultural exchange between Hong Kong and Australia, this concert was the first-ever collaboration among the Parliament of NSW, the Consulate-General of the People’s Republic of China in Sydney and the Sydney ETO, attracting around 160 guests including the President of the NSW Legislative Council, Mr Ben Franklin, the Consul-General of the People’s Republic of China in Sydney, Mr Wang Yu, Members of the Parliament and government officials of NSW, mayors and councillors, as well as Hong Kong and Mainland Chinese community leaders in Sydney.           The Sydney ETO hosted a reception before the concert at the iconic Sydney Opera House on February 2 to welcome the HKSO. About 120 guests including local arts and cultural leaders attended the reception.           The Director of the Sydney ETO, Mr Ricky Chong, said at the reception, “Music has a unique power to connect people across cultures, and the HKSO’s performance is a wonderful testament to the strong and enduring ties between Hong Kong and Australia. Our relationship is built not only on trade and investment, but also on deep cultural and people-to-people connections.”           Mr Chong also introduced to the guests the government’s vision of developing Hong Kong into a premier tourism destination through innovative thinking. He said that the government would highlight the unique elements of Hong Kong’s local cultural characteristics and make good use of its positioning as the East-meets-West centre for international cultural exchange, with a view to shaping tourism with cultural activities and promoting culture through tourism.           Led by its Founder and Artistic Director, Professor Yao Jue, the HKSO captivated audience across Australia with a unique programme that blended Western classical works by Vivaldi, alongside pieces that honoured Hong Kong pop songs and traditional Chinese New Year music, including Joseph Koo’s Medley and Spring Festival Overture.           The HKSO started the Australian tour in Adelaide on January 31, followed by performances in Sydney on February 2 and 3, in Canberra on February 5, and in Melbourne yesterday (February 7). The HKSO also showcased their music talent to the guests at the Chinese New Year Reception hosted by the Sydney ETO in Melbourne on February 6.

     
    Ends/Saturday, February 8, 2025Issued at HKT 14:09

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: EFTA–Mercosur and bilateral relations: Ignazio Cassis concludes five-day visit to Latin America

    Source: Switzerland – Department of Foreign Affairs in English

    Federal Councillor Ignazio Cassis, head of the Federal Department of Foreign Affairs (FDFA), visited Paraguay, Bolivia and Brazil from 3 to 7 February. Finalising the EFTA–Mercosur free trade agreement and advancing Switzerland’s economic interests were central to the Federal Councillor’s discussions in these three countries. Other current foreign policy issues were also addressed.

    MIL OSI Europe News

  • MIL-OSI: Unlock 100x Leverage on BexBack with a 100% Deposit Bonus & $50 Welcome Bonus – No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 08, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin falls below the $100,000 mark, many analysts believe it will enter a long period of high volatility. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

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    Disclaimer: This content is provided by BexBack. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/c461eca9-3533-4db2-be9e-bda12f503baa
    https://www.globenewswire.com/NewsRoom/AttachmentNg/63cd2ae6-6da2-4a28-848f-a568e8af4def
    https://www.globenewswire.com/NewsRoom/AttachmentNg/a9ace020-e451-49fe-a325-872195ea9a58
    https://www.globenewswire.com/NewsRoom/AttachmentNg/63ff74a3-ad9b-4073-8ee4-d0d045e6b055

    The MIL Network

  • MIL-OSI USA: Senator Murray Slams Indirect Cost Rate for NIH as Massive Indiscriminate Cut, Setting Back Progress on Lifesaving Research

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    Washington, D.C. – Today, U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, issued the following statement in response to the National Institutes of Health (NIH) announcing it would set the maximum reimbursement rate for indirect costs to 15%, creating a serious funding shortfall for research institutions of all types across the country. This move will dismantle the biomedical research system, stifle the development of new cures for disease, and rip treatments away from patients in need. It won’t produce cost savings; it will just shift costs to states who can’t afford to pay the difference. Importantly, this action by the Trump administration is illegal. Congress’ bipartisan Labor-HHS-Education Appropriations Bill prohibits modifications to NIH’s indirect costs.   

    “By proposing an illegal and arbitrary indirect cost rate, Trump and Elon are functionally forcing an indiscriminate funding cut for research institutions across the country that will be nothing short of catastrophic for so much of the lifesaving research patients and families are counting on. This will derail major breakthroughs by forcing research institutions—like the Fred Hutchinson Cancer Center and the University of Washington in my state—to now scramble to make up this massive shortfall, almost certainly forcing layoffs across the country. Sick kids may not get the treatment they need. Clinical trials may be shut down abruptly with dangerous consequences. Just because Elon Musk doesn’t understand indirect costs doesn’t mean Americans should have to pay the price with their lives.  

    “These resources go toward things like construction, utility costs, and lab operation—if NIH cuts off this support, the research will come to a halt. This funding helps produce breakthroughs that change patients’ lives, prepare us for pandemics and other health threats, and ensure the U.S. continues to be the global leader in biomedical research. After a global pandemic that brought the world economy to a grinding halt and cost more than one million American lives, it’s unthinkable that Trump and Musk want to pull funding that will force public and private labs across America to shutter. I refuse to abandon the millions of families who are fighting cancer, Alzheimer’s disease, substance use disorders, and so much more—I hope Americans everywhere will speak out to reverse this haphazard and dangerous funding cut.”

    As a longtime appropriator and former Chair of the Senate HELP Committee, Murray has long fought to boost biomedical research, strengthen public health infrastructure, and make health care more affordable and accessible. Over her years as a senior member of the Appropriations Committee, she has secured billions of dollars in increases for biomedical research at the National Institutes of Health, and during her time as Chair of the HELP Committee she established the new ARPA-H research agency as part of her PREVENT Pandemics Act to advance some of the most cutting-edge research in the field. Senator Murray was also the lead Democratic negotiator of the bipartisan 21st Century Cures Act, which delivered a major federal investment to boost NIH research, among many other investments. 

    MIL OSI USA News

  • MIL-OSI Asia-Pac: Presidential Office thanks US and Japan for joint leaders’ statement

    Source: Republic of China Taiwan

    Details
    2025-01-31
    President Lai’s response to Pope Francis’s 2025 World Day of Peace message  
    President Lai Ching-te recently sent a letter to Pope Francis of the Catholic Church in response to his message marking the 58th World Day of Peace. The following is the full text of the president’s letter to the pope: Your Holiness, In your message for the 2025 World Day of Peace entitled Forgive us our trespasses: grant us your peace, you called for a cultural change that would bring an end to the governance of interpersonal and international relations by a logic of exploitation and oppression and herald true and lasting peace. I wholeheartedly admire and identify with your point of view. Since transitioning from a medical career to politics, I have remained true to my original intentions in the sense that, while a doctor can help only one person at a time, a public servant can simultaneously assist many people in resolving the difficulties affecting their lives. In my inaugural address in May 2024, I pledged that every day of my term, I would strive to act justly, show mercy, and be humble, which accord with the teachings of the Bible. I promised to treat the Taiwanese people as family and prove myself worthy of their trust and expectations. With an unwavering heart, I have accepted the people’s trust and taken on the solemn responsibility of leading the nation forward and building a democratic, peaceful, and prosperous new Taiwan. In this new year, the changing international landscape continues to present many grave challenges to democratic nations around the world. As the Russia-Ukraine war persists, the steady convergence of authoritarian regimes, including China, Russia, North Korea, and Iran, threatens the rules-based international order and severely impacts peace and stability in the Indo-Pacific and the world at large. Your Holiness has stated that war is a defeat for everyone. I, too, firmly believe that peace is priceless and that war has no winners. A high level of consensus has formed in the international community on upholding peace and stability across the Taiwan Strait. The Taiwanese people also maintain an unyielding commitment to safeguarding a way of life that encompasses freedom, equality, democracy, and human rights. Taiwan will continue to spare no effort in preserving regional peace and stability and serving as a pilot for global peace. In your World Day of Peace message, you urged prosperous countries to assist poorer ones. This compassion is truly touching. Taiwan is proactively implementing values-based diplomacy and, under the Diplomatic Allies Prosperity Project, enhancing allies’ development through a range of initiatives. Over many years, Taiwan has accumulated abundant and unique experience of providing foreign assistance. Seeking to foster self-reliance among disadvantaged countries, we have extended genuine support to help alleviate poverty through such avenues as strengthening basic infrastructure, transferring technology, and cultivating talent. In your message, you reminded countries worldwide that assistance should not be merely an isolated act of charity and pointed to the need to devise a new global financial framework so that food crises, climate change, and other challenges could be jointly addressed. I hold this view in high regard. I therefore earnestly hope that international organizations will stop excluding Taiwan for political reasons. Taiwan is willing to shoulder its international responsibilities so that it can contribute and share its valuable experience through many global platforms.  On behalf of the government and people of the Republic of China (Taiwan), I again express our interest in collaborating with the Holy See to advance world peace through concrete action. We also aspire to demonstrate Taiwanese values and the Taiwanese spirit and work together with the Holy See to uphold the core values of justice, democracy, freedom, and peace.  Please accept, Your Holiness, the renewed assurances of my highest consideration, as well as my best wishes for your good health and the continued growth of the Catholic Church.

    Details
    2025-01-31
    President Lai meets former US Vice President Mike Pence
    On the afternoon of January 17, President Lai Ching-te met with former Vice President of the United States Mike Pence. In remarks, President Lai thanked former Vice President Pence for his contributions to the deepening of Taiwan-US relations, noting that he actively helped to strengthen Taiwan-US cooperation and facilitate the normalization of military sales to Taiwan, and did his utmost to deepen the Taiwan-US economic partnership. The president indicated that former Vice President Pence also spoke up for Taiwan on numerous occasions at international venues, backing Taiwan’s international participation. President Lai expressed hope for a stronger Taiwan-US partnership to maintain peace and stability throughout the world, and that the two sides can advance bilateral exchanges in such areas as the economy, trade, and industry. A translation of President Lai’s remarks follows: I am delighted to welcome former Vice President Pence and Mrs. Karen Pence to the Presidential Office. Former Vice President Pence is not only an outstanding political leader in the US, but also a staunch supporter of Taiwan on the international stage. On behalf of the people of Taiwan, I would like to take this opportunity to extend our deepest gratitude to former Vice President Pence for his contributions to the deepening of Taiwan-US relations. Thanks to former Vice President Pence’s strong backing, ties between Taiwan and the US rose to unprecedented heights during President Donald Trump’s first administration. Former Vice President Pence actively helped to strengthen Taiwan-US security cooperation and facilitate the normalization of military sales to Taiwan, helping Taiwan reinforce its self-defense capabilities. He also did his utmost to deepen the Taiwan-US economic partnership. Former Vice President Pence also paid close attention to the military threats and diplomatic isolation faced by Taiwan. He spoke up for Taiwan on numerous occasions at international venues, taking concrete action to back Taiwan’s international participation. We were truly grateful for this. As we speak, China’s political and military intimidation against Taiwan persist. China and other authoritarian regimes, such as Russia, North Korea, and Iran, are continuing to converge and present serious challenges to democracies around the globe. At this moment, free and democratic nations must come together to bolster cooperation. I believe that a stronger Taiwan-US partnership can be an even more powerful force in maintaining peace and stability throughout the world. Former Vice President Pence has previously supported the signing of a trade agreement between Taiwan and the US. Taiwan looks forward to continuing to work with the new US administration and Congress to advance bilateral exchanges in such areas as the economy, trade, and industry. This is the first time that former Vice President Pence and Mrs. Pence are visiting Taiwan, and their visit is significantly meaningful for Taiwan-US exchanges. On behalf of the people of Taiwan, I want to extend a warm welcome. Moving forward, I hope we will jointly realize even more fruitful achievements through Taiwan-US cooperation. Former Vice President Pence then delivered remarks, thanking President Lai for his hospitality on his and his wife’s first visit to Taiwan, saying that it is an honor to be here to reaffirm the bonds of friendship between the people of America and the people of Taiwan, which are strong and longstanding. The former vice president indicated that the American people admire the people of Taiwan and all that has been accomplished in a few short decades for Taiwan to rise to one of the world’s preeminent economic powers and free societies. He said that he is grateful for President Lai’s courageous and bold leadership of Taiwan, and grateful to be able to express the support of the overwhelming majority of the American people for this alliance. Former Vice President Pence indicated that the values shared by Taiwan and the US, including freedom, the rule of law, and respect for human rights, bind us together in a partnership that transcends geographic boundaries and cultures. He then assured President Lai that China’s increasingly aggressive posture in the Taiwan Strait and across the Indo-Pacific, for the values and interests that both sides share, is deeply concerning to the American people. Former Vice President Pence stated that America is a Pacific nation, and is committed to the status quo, adding that they recognize it is China that wants to change the status quo that America, Taiwan, and other allies in the region want to preserve, which has created an environment of extraordinary growth and prosperity. The former vice president concluded by once again thanking President Lai and his team for their gracious hospitality and conveying best wishes to him and the people of Taiwan. Former Vice President Pence then assured President Lai that just as Taiwan will never surrender its freedom, he will continue to be a voice for a strong US-Taiwan relationship in the defense and the benefit of Taiwan, the US, and the free world. Later that day, Vice President Bi-khim Hsiao hosted a banquet for former Vice President Pence and his delegation at Taipei Guest House to thank him for his longstanding friendship and staunch support for Taiwan-US ties.  

    Details
    2025-01-31
    President Lai meets delegation to 60th Inaugural Ceremonies of US president and vice president
    On the morning of January 16, President Lai Ching-te met with Taiwan’s delegation to the 60th Inaugural Ceremonies of the President and Vice President of the United States. In remarks, President Lai stated that democratic Taiwan stands united, working hard to deepen Taiwan-US ties together. He then entrusted the delegation with three missions: to convey best wishes from the people of Taiwan, convey our firm commitment to democracy, and help Taiwan-US relations reach a new milestone. A translation of President Lai’s remarks follows: The 60th Inaugural Ceremonies of the President and Vice President of the US will be held on January 20. I want to thank Speaker Han Kuo-yu (韓國瑜), president of the Legislative Yuan, for accepting my invitation to lead our nation’s representative delegation to the event. I also thank Legislative Yuan Members Ko Chih-en (柯志恩), Wang Ting-yu (王定宇), Ko Ju-chun (葛如鈞), Lee Yen-hsiu (李彥秀), Chen Kuan-ting (陳冠廷), Kuo Yu-ching (郭昱晴), and Chen Gau-tzu (陳昭姿) for joining this visit to the US to attend the inauguration of President Donald Trump and Vice President J.D. Vance. We have gathered together today despite differences in party affiliation because in democratic Taiwan, while parties may compete domestically, when it comes to engagement externally, they stand united and share responsibility, working hard to deepen Taiwan-US ties and strive for the best interests of the nation. We share the value of defending freedom and democracy, and we share the goal of advancing peace and prosperity. Today, we engage with the world together as those from the same country – the Republic of China (Taiwan). In this complex and volatile new international landscape, and as the nation faces difficulties and challenges, I want to stress that in Formosa, there is no hostility that cannot be let go, and no hardship that cannot be overcome. Unity is the most important, and I hope that Taiwan can stand united, because there is true strength in unity. Democratic Taiwan must stand united in engaging with the world and initiate exchanges with confidence. On that ground, I am entrusting this delegation with three key missions. First, convey best wishes from the people of Taiwan. Just last year, Taiwan and the US celebrated the 45th anniversary of the passage of the Taiwan Relations Act. And on May 20, the US sent a senior bipartisan delegation to congratulate me and Vice President Bi-khim Hsiao on our inauguration. As the leader of this cross-party delegation, Speaker Han must clearly convey the well-wishes of the people of Taiwan, congratulate President Trump and Vice President Vance on their inauguration, and wish success to the new administration and prosperity to the US. Second, clearly convey the firm commitment of the people of Taiwan to democracy. The theme of these inaugural ceremonies is “Our Enduring Democracy: A Constitutional Promise.” Taiwan and the US share the universal value of democracy and are staunch allies. I hope that the delegation can faithfully convey the firm commitment to democracy that the people of Taiwan have, which will not change even in the face of authoritarian threats. Taiwan is willing to stand side by side with the US and other members of the democratic community to defend the sustainable development of global democracy and prevent the expansion of authoritarianism. Third, help Taiwan-US relations reach a new milestone. In recent years, Taiwan-US relations have continued to grow, with the first agreement under the Taiwan-US Initiative on 21st Century Trade having formally taken effect last month. This morning, the House of Representatives also passed the US-Taiwan Expedited Double-Tax Relief Act. I hope that the delegation can help Taiwan-US relations reach a new milestone through these exchanges so that our relations continue to grow, our cooperation expands even more, and so that we can achieve even greater success after the new administration takes office. Four years ago, Taiwan’s representative to the US inaugural ceremonies was Vice President Hsiao, who was then our representative to the US. Everyone has a lot to learn from her. I have specially invited everyone here to converse so that you can draw from Vice President Hsiao’s experience and ensure an even smoother visit. Washington, DC was also hit by a rare blizzard recently, and the weather has been very cold, so make sure to stay warm. I am sending everyone off with hand warmers and thermoses so that you can bring some warmth from Taiwan with you on your journey. And I ask that Speaker Han exercise his wisdom to help generate some warmth between the ruling and opposition parties through cooperation, which they can then bring back to Taiwan. Let us unite to give our all for diplomacy so that we can unite to give our all for Taiwan. I wish the delegation a smooth and safe trip, and hope your missions can be carried out successfully. Speaker Han then delivered remarks, stating that it was an honor to be invited by President Lai to organize a delegation to represent our nation at the 60th Inaugural Ceremonies of the President and Vice President of the US in Washington, DC, and express the Republic of China’s sincere and cordial best wishes. The Legislative Yuan’s president has assumed this important task numerous times in the past, he said, not only to represent the government of the Republic of China, but also to take on the mission of conveying the voices of 23 million people. He went on to say that he is honored to take up the baton, lead eight legislators to the US to attend this celebration that will attract global attention, and express sincere best wishes to newly elected President Trump, Vice President Vance, and the new administration’s team. As enjoined by President Lai, he hopes the delegation’s trip will help open a new chapter in Taiwan-US exchanges. Speaker Han stated that the US is the most free and democratic country in the world. He noted that in 1776 in the US Declaration of Independence, founding father Thomas Jefferson propounded the concept of “unalienable rights,” and emphasized that the people have a right to freedom and the pursuit of happiness, democratic ideas that have long been rooted in the people’s hearts. Today, he said, democracy is also embedded in the DNA of Taiwan’s 23 million people, and this hard-won democratic achievement is a result of the concerted efforts of our pioneering predecessors, thinkers, and activists over the past 100 years. Speaker Han stated that during this visit, the Legislative Yuan delegation hopes to convey the voice of Taiwan as a democratic country. Taiwan’s security, he said, is like the four legs of a table: The first leg is defending the Republic of China, the second is defending freedom and democracy, the third is maintaining Taiwan-US relations, and the fourth is maintaining cross-strait peace. The delegation will travel to the US amidst severe cold weather to show that we value our relationship with the US, and our citizens have great hopes and expectations. Speaker Han stated that this will be a cross-party delegation of eight legislators, all of whom have a strong sense of mission. He hopes that all democratic nations will acknowledge Taiwan’s importance, and pay attention to Taiwan’s 23 million people. The delegation, he said, will do its utmost to convey the goodwill and warmth that the people of Taiwan give to each and every one of our good friends.

    Details
    2025-01-31
    President Lai confers decoration on former Lithuanian Foreign Minister Gabrielius Landsbergis
    On the morning of January 14, President Lai Ching-te conferred the Order of Brilliant Star with Special Grand Cordon upon former Minister of Foreign Affairs Gabrielius Landsbergis of the Republic of Lithuania in recognition of his remarkable contributions to deepening Taiwan-Lithuania relations. In remarks, President Lai thanked former Minister Landsbergis for standing firmly with Taiwan and remaining a staunch defender of democratic values, yielding fruitful cooperative results. The president expressed hope that the two countries will engage in even more cooperation and exchanges in such areas as the economy, trade, technology, and culture, and continue to advocate for the values of freedom and democracy so that together we can contribute even more to our nations’ development and to peace and prosperity throughout the world. A translation of President Lai’s remarks follows: Today, by conferring the Order of Brilliant Star with Special Grand Cordon upon former Minister Landsbergis, we recognize his outstanding contributions during his time as foreign minister of Lithuania. On behalf of the people of Taiwan, I thank him for the key role he has played in deepening Taiwan-Lithuania relations. During the COVID-19 pandemic, thanks to the efforts of former Minister Landsbergis, Lithuania was the first European nation to donate vaccines to Taiwan. On that occasion, he stated that “freedom-loving people should look out for each other.” His statement was very moving and left a deep impression on many Taiwanese people. We will never forget it. Former Minister Landsbergis has continued to express the spirit of those words through his concrete actions. With his staunch support, Taiwan and Lithuania have mutually established representative offices. Moreover, our representative office in Lithuania was the first in Europe to incorporate “Taiwan” in its name. As for bilateral cooperation, Taiwan and Lithuania have seen fruitful results in such fields as semiconductors, laser technology, finance, and medicine. Be it overcoming the challenges posed by the pandemic or resisting expanding authoritarianism, former Minister Landsbergis has stood firmly with Taiwan and remained a staunch defender of democratic values. We greatly admire and appreciate his spirit. Today, authoritarian regimes continue to converge, posing threats and challenges to democracies around the world. Taiwan, Lithuania, and other democratic countries must come closer together, drawing on the strength of unity, so as to jointly safeguard freedom and democracy and uphold the rules-based international order. Looking ahead, we hope that Taiwan and Lithuania will engage in even more cooperation and exchanges in such areas as the economy, trade, technology, and culture. Let us continue to advocate for the values of freedom and democracy. Together, we can contribute even more to our nations’ development and to peace and prosperity throughout the world. In closing, I once again thank you, former Minister Landsbergis, for your support and for all that you have done for Taiwan. We welcome you and your wife to visit often. I wish you both a smooth and successful visit in Taiwan, and hope you leave with lasting memories.    Former Minister Landsbergis then delivered remarks, saying that it is a great honor to receive the decoration today. He noted that only partially can he accept the honor, as there have been many people who worked together with him in the ministry and in the whole country who support the people of Taiwan and see the benefit of supporting democracy in Taiwan. He often says that in Lithuania they remember well the fight for their freedom, and just today, he mentioned, he was shown the permanent exhibition in the Presidential Office, where he saw similar pictures of Taiwanese people fighting for democracy. He emphasized that not even one generation has passed since these events took place here in Taipei or similar events took place in Vilnius. Former Minister Landsbergis said that decision-makers in the Lithuanian government are either people who were themselves fighting for freedom, or, as in his case, those who were sitting on the shoulders of parents who were fighting for freedom. So for them, he underlined, freedom, democracy, liberty, and sovereignty are very real concepts that they cherish, not just things read about in a history book. He said that this is the main connector between Lithuania and Taiwan, a feeling of freedom and support for each other. Former Minister Landsbergis stated that in the face of authoritarians who do not wish us prosperity, who do not wish us freedom and future achievements, what he expects from the future is that the friendship, collaboration, and mutual support between Lithuania and Taiwan will inspire others to join in. This, he said, will make other countries not be afraid to support freedom and democracy, and will allow our group of friends to continue to grow. Lithuanian history, the former minister said, is difficult, and a big part of it was fighting for their freedom. He explained that during the 19th century when Lithuania was part of Russia’s empire, they had several revolutions and uprisings with the aim of becoming free, and that they were fighting for that freedom alongside Poland and Belarus. He then applied a phrase that they used in the revolution of 1864 – “for your freedom and ours,” meaning that they will continue to fight for their freedom while helping Taiwan fight for ours. Also in attendance at the ceremony were former Minister Landsbergis’ wife Dr. Austėja Landsbergienė and Lithuanian Representative to Taiwan Paulius Lukauskas.

    Details
    2025-01-31
    Presidential Office thanks White House for its statement on enduring US commitment to Indo-Pacific region
    On January 10 (US EST), the US White House released a statement on the United States’ Enduring Commitment to the Indo-Pacific Region, in which it reaffirms its position of using a range of methods to help Taiwan maintain a sufficient self-defense capability so as to maintain peace and stability in the Indo-Pacific region and across the Taiwan Strait. Presidential Office Spokesperson Karen Kuo (郭雅慧) on January 11 expressed sincere gratitude to the US government for taking concrete actions to fulfill its security commitments to Taiwan, advancing the close Taiwan-US security partnership, and supporting Taiwan in its efforts to enhance its self-defense capabilities and resilience. Spokesperson Kuo stated that the deepening Taiwan-US security partnership is a critical cornerstone for peace and stability in the Indo-Pacific region. She noted that Taiwan, as a force for good and regional stability, will continue to work alongside like-minded countries to strengthen defense resilience as we jointly defend the values of freedom and democracy and ensure the peace, stability, and prosperity of the Indo-Pacific region.

    Details
    2025-01-01
    President Lai delivers 2025 New Year’s Address
    On the morning of January 1, President Lai Ching-te delivered his 2025 New Year’s Address, titled “Bolstering National Strength through Democracy to Enter a New Global Landscape,” in the Reception Hall of the Presidential Office. President Lai stated that today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. In this new year, he said, Taiwan must be united, and we must continue on the right course. The president expressed hope that everyone in the central and local governments, regardless of party, can work hard together, allowing Taiwan sure footing as it strides forward toward ever greater achievements.  President Lai emphasized that in 2025, we must keep firm on the path of democracy, continue to bolster our national strength, make Taiwan more economically resilient, enhance the resilience of supply chains for global democracies, and continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. The president said that Taiwan will keep going strong, and we will keep walking tall as we enter the new global landscape. A translation of President Lai’s address follows: Today is the first day of 2025. With a new year comes new beginnings. I wish that Taiwan enjoys peace, prosperity, and success, and that our people lead happy lives. Taiwan truly finished 2024 strong. Though there were many challenges, there were also many triumphs. We withstood earthquakes and typhoons, and stood firm in the face of constant challenges posed by authoritarianism. We also shared glory as Taiwan won the Premier12 baseball championship, and now Taiwanese people around the world are all familiar with the gesture for Team Taiwan. At the Paris Olympics, Wang Chi-lin (王齊麟) and Lee Yang (李洋) clinched another gold in men’s doubles badminton. Lin Yu-ting (林郁婷) took home Taiwan’s first Olympic gold in boxing. At the International Junior Science Olympiad, every student in our delegation of six won a gold medal. And Yang Shuang-zi’s (楊双子) novel Taiwan Travelogue, translated into English by King Lin (金翎), became a United States National Book Award winner and a tour de force of Taiwan literature on the international level. Our heroes of Taiwan are defined by neither age nor discipline. They have taken home top prizes at international competitions and set new records. They tell Taiwan’s story through their outstanding performances, letting the world see the spirit and culture of Taiwan, and filling all our citizens with pride. My fellow citizens, we have stood together through thick and thin; we have shared our ups and downs. We have wept together, and we have laughed together. We are all one family, all members of Team Taiwan. I want to thank each of our citizens for their dedication, fueling Taiwan’s progress and bringing our nation glory. You have given Taiwan even greater strength to stand out on the global stage. In this new year, we must continue bringing Taiwan’s stories to the world, and make Taiwan’s successes a force for global progress. In 2025, the world will be entering a new landscape. Last year, over 70 countries held elections, and the will of the people has changed with the times. As many countries turn new pages politically, and in the midst of rapid international developments, Taiwan must continue marching forward with steady strides. First, we must keep firm on the path of democracy. Taiwan made it through a dark age of authoritarianism and has since become a glorious beacon of democracy in Asia. This was achieved through the sacrifices of our democratic forebears and the joint efforts of all our citizens. Democracy’s value to Taiwan lies not just in our free way of life, or in the force driving the diverse and vigorous growth of our society. Democracy is the brand that has earned us international trust in terms of diplomacy. No matter the threat or challenge Taiwan may face, democracy is Taiwan’s only path forward. We will not turn back. Domestic competition among political parties is a part of democracy. But domestic political disputes must be resolved democratically, within the constitutional system. This is the only way democracy can continue to grow. The Executive Yuan has the right to request a reconsideration of the controversial bills passed in the Legislative Yuan, giving it room for reexamination. Constitutional institutions can also lodge a petition for a constitutional interpretation, and through Constitutional Court adjudication, ensure a separation of powers, safeguard constitutional order, and gradually consolidate the constitutional system. The people also have the right of election, recall, initiative, and referendum, and can bring together even greater democratic power to show the true meaning of sovereignty in the hands of the people. In this new year, the changing international landscape will present democratic nations around the world with many grave challenges. Russia’s invasion of Ukraine and conflict between Israel and Hamas rage on, and we are seeing the continued convergence of authoritarian regimes including China, Russia, North Korea, and Iran, threatening the rules-based international order and severely affecting peace and stability in the Indo-Pacific region and the world at large. Peace and stability in the Taiwan Strait are essential components for global security and prosperity. Taiwan needs to prepare for danger in times of peace. We must continue increasing our national defense budget, bolster our national defense capabilities, and show our determination to protect our country. Everyone has a responsibility to safeguard Taiwan’s democracy and security. We must gather together every bit of strength we have to enhance whole-of-society defense resilience, and build capabilities to respond to major disasters and deter threats or encroachment. We must also strengthen communication with society to combat information and cognitive warfare, so that the populace rejects threats and enticements and jointly guards against malicious infiltration by external forces. Here at home, we must consolidate democracy with democracy. Internationally, we must make friends worldwide through democracy. This is how we will ensure security and peace. The more secure Taiwan, the more secure the world. The more resilient Taiwan, the sounder the defense of global democracy. The global democratic community should work even closer together to support the democratic umbrella as we seek ways to resolve the war in Ukraine and conflict between Israel and Hamas. Together, we must uphold stability in the Taiwan Strait and security in the Indo-Pacific, and achieve our goal of global peace. Second, we must continue to bolster our national strength, make Taiwan more economically resilient, and enhance the resilience of supply chains for global democracies. In the first half of 2024, growth in the Taiwan Stock Index was the highest in the world. Our economic growth rate for the year as a whole is expected to reach 4.2 percent, leading among the Four Asian Tigers. Domestic investment is soaring, having exceeded NT$5 trillion, and inflation is gradually stabilizing. Export orders from January to November totaled US$536.6 billion, up 3.7 percent from the same period in 2023. And compared over the same period, exports saw a 9.9 percent increase, reaching US$431.5 billion. Recent surveys also show that in 2024, the average increase in salaries at companies was higher than that in 2023. Additionally, over 90 percent of companies plan to raise salaries this year, which is an eight-year high. All signs indicate that Taiwan’s economic climate continues to recover, and that our economy is growing steadily. Our overall economic performance is impressive; still, we must continue to pay attention to the impact on Taiwan’s industries from the changing geopolitical landscape, uncertainties in the global economic environment, and dumping by the “red supply chain.”  For a nation, all sectors and professions are equally important; only when all our industries are strong can Taiwan be strong as a nation. Our micro-, small-, and medium-sized enterprises (MSMEs) are the lifeblood of Taiwan, and the development of our various industrial parks has given Taiwan the impetus for our prosperity. We must carry the spirit of “Made in Taiwan” forward, bringing it to ever greater heights. Thus, beyond just developing our high-tech industry, our Executive Yuan has already proposed a solution that will help traditional industries and MSMEs comprehensively adopt technology applications, engage in the digital and net-zero twin transition, and develop channels, all for better operational structures and higher productivity. Taiwan must continue enhancing its economic resilience. In recent years, Taiwan has significantly increased its investments in the US, Japan, Europe, and the New Southbound countries, and such investment has already surpassed investment in China. This indicates that our efforts in diversifying markets and reducing reliance on any single market are working. Moving forward, we must keep providing assistance so that Taiwan industries can expand their global presence and market internationally from a solid base here in Taiwan. At the same time, Taiwan must use democracy to promote economic growth with the rest of the world. We must leverage our strengths in the semiconductor and AI industries. We must link with democratic countries so that we can together enhance the resilience of supply chains for global democracies. And through international cooperation across many sectors, such as UAVs, low-orbit communications satellites, robots, military, security and surveillance, or biopharmaceuticals, renewable energy technology, new agriculture, and the circular economy, we must keep abreast of the latest cutting-edge technology and promote diverse development. This approach will help Taiwan remain a leader in advancing global democratic supply chains, ensuring their security and stability. Third, we must continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. Democracy means the people have the final say. Our nation belongs to all 23 million of us, without regard for ethnic group, generation, political party, or whether we live in urban or rural areas. In this new year, we must continue to pursue policies that promote the well-being of the nation and the people. But to that end, the central government needs adequate financial resources to ensure that it can enact each of these measures. Therefore, I hope that the ruling and opposition parties can each soberly reconsider the amendments to the Act Governing the Allocation of Government Revenues and Expenditures and find a path forward that ensures the lasting peace and stability of our country. For nine consecutive years, the minimum wage has continued to rise. Effective today, the minimum monthly salary is being raised from NT$27,470 to NT$28,590, and the hourly salary from NT$183 to NT$190. We hope by raising the pay for military personnel, civil servants, and educators for two consecutive years, coupled with benefits through wage increases and tax reductions, that private businesses will also raise wages, allowing all our people to enjoy the fruits of our economic growth. I know that everyone wants to pay lower taxes and rent. This year, we will continue to promote tax reductions. For example, unmarried individuals with an annual income of NT$446,000 or less can be exempt from paying income tax. Dual-income families with an annual income of NT$892,000 or less and dual-income families with two children aged six or younger with an annual income of NT$1,461,000 or less are also exempt from paying income tax. Additionally, the number of rent-subsidized housing units will also be increased, from 500,000 to 750,000 units, helping lighten the load for everyone. This year, the age eligibility for claiming Culture Points has been lowered from 16 to 13 years, so that now young people aged between 13 and 22 can receive government support for experiencing more in the arts. Also, our Taiwan Global Pathfinders Initiative is about to take effect, which will help more young people in Taiwan realize their dreams by taking part in education and exchange activities in many places around the world. We are also in the process of establishing a sports ministry to help young athletes achieve their dreams on the field, court, and beyond. The ministry will also be active in developing various sports industries and bringing sports and athletics more into the lives of the people, making our people healthier as a result. This year, as Taiwan becomes a “super-aged society,” we will launch our Long-term Care 3.0 Plan to provide better all-around care for our seniors. And we will expand the scope of cancer screening eligibility and services, all aimed at creating a Healthy Taiwan. In addition, Taiwan will officially begin collecting fees for its carbon fee system today. This brings us closer in line with global practices and helps us along the path to our goal of net-zero emissions by 2050. We will also continue on the path to achieving a Balanced Taiwan. Last month, the Executive Yuan launched the Trillion NT Dollar Investment National Development Plan and its six major regional flagship projects. Both of these initiatives will continue to expand the investment in our public infrastructure and the development of local specialty industries, narrowing urban-rural and wealth gaps so that all our people can live and work in peace and happiness. My fellow citizens, today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. This tells us that national development is moving in the right direction. In this new year, Taiwan must be united, and we must continue on the right course. We hope that everyone in the central and local governments, regardless of party, can work hard together to ensure that national policies are successfully implemented, with the people’s well-being as our top priority. This will allow Taiwan sure footing as it strides forward toward ever greater achievements. In this new year, we have many more brilliant stories of Taiwan to share with the world, inspiring all Taiwanese, both here and around the world, to cheer time and again for the glory of Taiwan. Taiwan will keep going strong. And we will keep walking tall as we enter the new global landscape. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI China: HKSAR government to file complaint with WTO against US tariff hikes

    Source: China State Council Information Office 3

    The Hong Kong Special Administrative Region (HKSAR) government said on Friday that it will file a complaint with the World Trade Organization (WTO) against the U.S. decision to impose an additional 10-percent tariff on products from Hong Kong.

    The U.S. measures have seriously violated relevant WTO rules and ignored Hong Kong’s status as a separate customs territory as stipulated in Article 116 of the Basic Law and recognized by the WTO, said a spokesperson for the HKSAR government.

    The HKSAR government will launch procedures in accordance with the WTO’s dispute settlement mechanism against the unreasonable measures to defend our legitimate rights, said the spokesperson.

    The spokesperson stressed that Hong Kong is a staunch supporter of the rules-based multilateral trading system. The HKSAR government strongly opposes the U.S. measures, and urges the U.S. side to immediately rectify its wrongdoings.

    MIL OSI China News