Category: Transport

  • MIL-OSI USA: Sustainable Plant and Soil Systems Major Becomes Plant Science in 2025

    Source: US State of Connecticut

    The sustainable plant and soil systems major offered by the College of Agriculture, Health and Natural Resources (CAHNR) will be renamed “plant science” beginning in the summer 2025 semester.

    This change comes after an in-depth market analysis of employment opportunities, benchmarking against other universities and programs across the nation, and a survey of students, faculty, and staff in the Department of Plant Science and Landscape Architecture. These activities indicated a desire for a major name that was more aligned with industry needs and for better understanding by prospective students.

    “There are a variety of career options when graduating with a degree in plant science,” says Sydney Everhart, department head. “Both the name and program were thoughtfully redesigned to enhance recognition of the degree by employers, prospective students, and those who might consider national rankings. This is an exciting time to be considering coming to UConn for plant science.”

    A cornerstone of the plant science program is the opportunity to gain practical, hands-on experience through courses with labs, field studies, and internships. The degree prepares students to tackle real world challenges in plant systems, from topics like bioremediation, environmental restoration, and sustainable agricultural plant production practices in the greenhouse, field, and across landscapes.

    The core focus of the degree will remain learning about plant science, plant production, biotechnology, and cultivation. Graduates will have a foundational understanding of plant biology and soil management, learning how to optimize plant growth and health in a variety of environments. The program emphasizes hands-on skills, teaching students how to identify and manage pests, diseases, and weeds, and apply sustainable practices to improve agricultural and horticultural systems.

    Students in the renamed plant science major will continue to be able to take courses towards a concentration in environmental horticulture, sustainable agriculture, or turfgrass science.

    Students with a plant science degree may also have an easier time navigating the post-graduation employment landscape, as this is a broad degree name that provides flexible alignment with a variety of plant science affiliated careers and fields.

    “The move away from SPSS is going to be good for the department. Most students, including myself, find it hard to explain what SPSS is to people outside of the major,” says Robert Eselby ’25 (CAHNR). “This name change will help realign the identity of the major with the focuses of the students within it.”

    This name change will also allow UConn’s program to be recognized in national rankings of plant science programs. This was not possible in the past as the unique major name did not allow UConn’s graduates to be included in elements necessary for the rankings.

    Students currently enrolled in the sustainable plant and soil systems major will have the name of their degree updated for degrees awarded in fall 2025 and moving forward.

    “After over 100 years with ‘plant science’ in the name of our department, it is exciting to have everything align – including the bachelor’s degree name, graduate program, and associate’s degree program,” says Everhart. “With many new faculty in our department, we have bold plans to offer new concentrations and courses in the next couple of years that will continue to provide graduates of our program with a strong foundation and cutting-edge skills to equip them to succeed in their careers.”

    Follow UConn CAHNR on social media

    MIL OSI USA News

  • MIL-OSI Europe: Audience with the Presidents of the Episcopal Communication Commissions and Directors of the Communication Offices of the Episcopal Conferences

    Source: The Holy See

    Audience with the Presidents of the Episcopal Communication Commissions and Directors of the Communication Offices of the Episcopal Conferences, 27.01.2025
    This morning, in the Vatican Apostolic Palace, the Holy Father Francis received in audience the Presidents of the Episcopal Communication Commissions and the Directors of the Communication Offices of the Episcopal Conferences.
    The following is the Pope’s address to those present during the meeting:

    Address of the Holy Father
    I am pleased to welcome you who carry out a service of leadership in the field of communications in your local Churches. It is good to see bishops, priests, men and women religious, lay men and women gathered here, called to communicate the life of the Church and a Christian worldview. Communicating this Christian worldview is beautiful.
    We meet today, after celebrating the Jubilee of the World of Communications, to do an assessment together and also an examination of conscience. The Letter to the Hebrews reminds us that faith is the assurance of things hoped for and the conviction of things not seen (cf. 11:1). Motivated by this faith, let us take a moment to reflect on the concrete way we communicate.
    Let us ask ourselves: what do we do to sow hope in the midst of all the despair that surrounds and challenges us? What do we do to overcome the virus of division that undermines our communities? Is our communication inspired by prayer? Or do we limit ourselves to communicating about the Church by merely following the rules laid down by corporate marketing? We should ask ourselves all of these questions.
    Are we witnessing to the fact that human history is not tied to an inexorable destiny? What are we doing to encourage others to look forward to a future that is not predetermined? I like the expression “writing the future”. It is up to us to write the future. Are we capable of communicating that hope is not an illusion? Hope never disappoints. But are we communicating that? Are we capable of communicating that it is possible to improve the lives of those around us, and that we can play a part? Can I, for my part, bring beauty to the lives of others? Are we able to communicate and convince others that it is possible to forgive? This is very hard to do!
    Christian communication is about showing that the kingdom of God is near. It is present here and now, like a miracle that can be experienced by every person and by every culture. A miracle that must be narrated by offering the hermeneutic necessary to look beyond the mundane, beyond evil, beyond prejudices, beyond stereotypes, beyond oneself. The kingdom of God is beyond us. The kingdom of God even comes through our imperfections and this is beautiful. The kingdom of God comes when we show attention to others and carefully analyse the world around us. It comes in the ability to recognize and spread the hope that goodness exists, overcoming a desperate fanaticism.
    This may be an institutional service for you, but it is also the vocation of every Christian, of every baptised person. Every Christian is called to recognize and pass on the stories of good that bad journalism tries to erase by only focusing on evil. Evil exists. It must not be hidden, but it should stir us and lead us to produce questions and answers. This is why your task is so important: it demands that you step out of yourself, to dedicate yourself to a “symphonic” work that involves everyone, that values old and young, women and men and takes into account every language, through the use of words, art, music, painting and images. We are all asked to examine how and what we are communicating. Communicate, we must always communicate.
    Sisters, brothers, this task is challenging. I therefore encourage you to increase your efforts to cooperate on both a continental and universal level so that we can build a different model of communication. The difference lies in the unlimited spirit, creativity and poetic power that flow from the Gospel. Communication is always original. When we communicate, we create languages and bridges. We become creators. It must be a model of communication that conveys harmony and proposes a concrete alternative to today’s towers of Babel. Think about this: the new towers of Babel. They all spoke but did not understand one other. Reflect on this image.
    I leave you with two words: together and network.
    Together. Only together can we communicate the beauty we have encountered: not because of our talents or because we have more resources, but because we love one another.
    This is where we draw the strength to love even our enemies, to embrace those who have done wrong, to unite what is divided and to resist despair. And to sow hope as well. Do not forget about this: sowing hope. It is not the same as sowing optimism. Not at all. We must sow hope.
    Communicating, for us, is not a tactic. It is not a technique. It is not the repetition of catchphrases or slogans, nor is it merely writing press releases. Communicating is an act of love. Only an act of selfless love can produce networks of goodness. These networks of goodness should be regenerated and restored every day, with patience and faith. 
    Network is the second word I invite you to reflect on. Today, we have forgotten the older meaning of this word, as if it were only linked to the digital world. In fact, it is an ancient word. Before making us think about social networks, it ought to remind us of the fishermen’s nets and of Jesus’ invitation to Peter to become a fisher of men. Doing this means putting skills, knowledge and resources into a network capable of providing adequate information and thus escaping the sea of despair and disinformation. This in itself is already a message, a lesson we can learn.
    Let us think of how much we could accomplish together – thanks to the new tools of the digital era and to artificial intelligence – if instead of turning technology into an idol, we were more committed to networking. I have to admit something: what worries me, more than artificial intelligence, is natural intelligence, the intelligence that we must develop.
    When we feel as if we have fallen into an abyss, we must look up, beyond ourselves. Nothing is lost. We can always start again by trusting in each other and, together, trusting in God. This is the secret of our power to communicate. Networking! Be a network! Instead of being seduced by the sterile sirens of self-promotion and the celebration of our own initiatives, let us consider how we can build together a tale of hope.
    This is your task. It is rooted in antiquity. The greatest miracle Jesus wrought for Simon and the other disappointed and weary fishermen was not so much a net full of fish, but having kept them from falling prey to disappointment and discouragement in the face of defeat. Please, do not give in to that type of interior sadness. Do not lose your sense of humour, which is wisdom, everyday wisdom.
    Sisters, brothers, our network is for everyone. For everyone! Catholic communication is not something isolated; it is not just for Catholics. It is not a fenced-in area where we can keep to ourselves, a sect where we can talk to each other. No! It is the open space of a living witness that knows how to listen to and interpret the signs of the kingdom. It is the welcoming place of true relationships. Let us ask ourselves: are our offices and our relationships like this? Our network is the voice of a Church that only finds itself and the reason for its hope by stepping out of herself. The Church must step out of herself. I like to think of that passage in the Book of Revelation when the Lord says, “I am standing at the door, knocking” (3:20). He says this because he wants to come in. But today the Lord often knocks from the inside because he wants us, as Christians, to let him out! Too often we keep the Lord to ourselves. We must let the Lord out – he is knocking at the door to be let out – and not keep him somewhat “enslaved” for own purposes. Do our offices, our relationships and our networks really resemble a missionary Church?
    Thank you, thank you for your work! Go forward with courage and the joy that comes from evangelising. I bless you all from my heart. And please do not forget to pray for me. Thank you!

    MIL OSI Europe News

  • MIL-OSI: Greenbacker secures nearly $1 billion financing to support acquisition and construction of largest solar project in New York State

    Source: GlobeNewswire (MIL-OSI)

    • Greenbacker, together with Hecate Energy, has completed the development of its largest clean energy project to date. After acquiring the project from Hecate, Greenbacker closed on construction financing in conjunction with commencing construction.
    • Greenbacker partnered with six of the world’s leading project finance banks and financial institutions to secure $869 million in construction-to-term, letter of credit, and tax equity bridge loan financing and with a global investment manager for an additional $81 million development loan facility.
    • The 674 MWdc solar project is expected to power over 120,000 New York homes, support hundreds of green jobs.

    NEW YORK, Jan. 27, 2025 (GLOBE NEWSWIRE) — Greenbacker Renewable Energy Company LLC (“Greenbacker”), an independent power producer and energy transition-focused investment manager, today announced it has secured $950 million in aggregate financing to support the acquisition, construction, and operation of its largest clean energy project to date. When complete, the 674 MWdc / 500 MWac utility-scale solar farm (“Cider”) will be the largest solar project in the state of New York.

    Greenbacker acquired Cider from Hecate Energy LLC (“Hecate”), one of the largest renewable energy developers in the US. The two companies initially entered into a development partnership in 2021 to bring the project through development, financing, and the commencement of construction.

    Following the acquisition, Greenbacker closed on an $869 million financing composed of a construction-to-term loan, a tax equity bridge loan, and letters of credit. The financing was led collectively by six Coordinating Lead Arrangers: MUFG, KeyBanc Capital Markets, ING Capital LLC (“ING”), Intesa Sanpaolo S.p.A., New York Branch (“Intesa Sanpaolo”), Societe Generale, and Wells Fargo. MUFG and KeyBanc Capital Markets served as the Co-Documentation Agents and Co-Administrative Agents; ING, Intesa Sanpaolo, and Societe Generale, served as Co-Syndication Agents; ING and Wells Fargo served as Co-Green Structuring Agents. ING, Intesa Sanpaolo, and Societe Generale acted as Bookrunners.

    Greenbacker also successfully closed on an $81 million development loan with Voya Investment Management (“Voya IM”). The development loan with Voya IM was utilized to support Cider’s late-stage development, preliminary construction activities, and equipment procurement.

    With committed funds totaling nearly $1 billion, Cider represents another milestone for Greenbacker—its largest project financing to date.

    “Greenbacker has called New York home for 14 years, and we’re proud to be both the owner of the largest solar energy project in the state’s history and a driving force in accelerating its ambitious clean energy goals,” said Charles Wheeler, CEO of Greenbacker. “This substantial achievement—the result of successful collaboration across a group of top-tier institutions, including our long-time development partner Hecate—will create hundreds of green jobs, deliver affordable clean power, and help continue to build a sustainable future for New Yorkers.”

    Cider also marks the third clean energy collaboration between Greenbacker and Hecate. Over the past several years, Greenbacker has acquired over 70 MWac of utility-scale solar in New York from the developer.

    “Hecate is proud to once again partner with Greenbacker to complete the development of the Cider Project, which represents a landmark accomplishment for renewable energy development in the state,” said Nick Bullinger, Hecate’s Chief Operating Officer. “This project embodies Hecate’s mission to make impact at scale building out clean generation to power our future.”

    “This is the latest in a long history of project financing transactions with Greenbacker, highlighting our ongoing commitment to deploying capital with high-quality partners to help grow the clean energy industry,” said Gregory Berman, Director KeyBanc Capital Markets.

    “This transaction reflects our strong partnership with Greenbacker, belief in its sustainability mission, and commitment to advancing clean energy in New York and nationwide,” said Alberto Mihelcic Bazzana, Director at MUFG.

    Cider will utilize approximately 2,500 acres of land in Genesee County, where it began construction in late 2024. The project is expected to generate enough annual clean electricity to power approximately 120,000 average New York households.1

    “Greenbacker’s successful closing on this development loan facility and the bank syndicate’s construction and long-term facility is a pivotal achievement for our organization,” said Carl Weatherley-White, Greenbacker’s Head of Capital Markets. “Finalizing $950 million in capital to build the largest solar project in New York is a testament to the deep expertise and dedication of all parties involved.”

    Sheppard Mullin and Barclay Damon served as counsel for Greenbacker; Winston & Strawn LLP served as counsel for Hecate; Winston & Strawn LLP and Rath, Young, and Pignatelli, PC served as counsel for the bank syndicate; Latham & Watkins LLP served as counsel for Voya.

    Greenbacker is committed to empowering a sustainable world by connecting individuals and institutions with investments in clean energy. As of September 30, 2024, the company’s fleet of clean energy projects have produced over 10 million MWh of clean energy since 2016, abating more than 7 million metric tons of carbon2 and supporting thousands of green jobs.3

    About Greenbacker Renewable Energy Company
    Greenbacker Renewable Energy Company LLC is a publicly reporting, non-traded limited liability sustainable infrastructure company that both acquires and manages income-producing renewable energy and other energy-related businesses, including solar and wind farms, and provides asset management services to other renewable energy investment vehicles. We seek to acquire and operate high-quality projects that sell clean power under long-term contracts to high-creditworthy counterparties such as utilities, municipalities, and corporations. We are long-term owner-operators, who strive to be good stewards of the land and responsible members of the communities in which we operate. Greenbacker conducts its asset management business through its wholly owned subsidiary, Greenbacker Capital Management, LLC, an SEC-registered investment adviser. We believe our focus on power production and asset management creates value that we can then pass on to our shareholders—while facilitating the transition toward a clean energy future. For more information, please visit https://greenbackercapital.com.

    About Hecate Energy
    Hecate Energy was founded in 2012 by a team of energy industry veterans and has successfully developed 4.1 GWs of projects to construction or operations. Hecate believes in establishing beneficial, sustainable, and collaborative partnerships with the host communities where its projects are located and tailors each renewable energy project it develops to better meet the needs of project stakeholders.
    Hecate Energy has entered over 6 GWac of renewable power purchase agreements (PPAs) across 55 PPAs with 24 counterparties as well as projects that are selling through merchant markets. Projects that Hecate has developed and that are constructed or are under construction include over 4 GWac of solar projects and 103 MWac of battery storage projects totaling over $6 billion in asset value. Hecate has an active development pipeline of over 43.7 GWac of renewable projects.

    About MUFG and MUFG Americas
    Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,100 locations in more than 50 countries. MUFG has nearly 160,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be “the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.

    MUFG’s Americas operations, including its offices in the U.S., Latin America, and Canada, are primarily organized under MUFG Bank, Ltd. and subsidiaries, and are focused on Global Corporate and Investment Banking, Japanese Corporate Banking, and Global Markets. MUFG is one of the largest foreign banking organizations in the Americas. For locations, banking capabilities and services, career opportunities, and more, visit www.mufgamericas.com.

    About Voya Investment Management
    Voya Investment Management (IM) has approximately $392 billion in assets under management and administration as of Sept. 30, 2024, across public and private fixed income, equities, multi-asset solutions and alternative strategies for institutions, financial intermediaries and individual investors, drawing on a 50-year legacy of active investing and the expertise of 300+ investment professionals. Voya IM has cultivated a culture grounded in a commitment to understanding and anticipating clients’ needs, producing strong investment performance, and embedding diversity, equity and inclusion in its business.

    Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. Although Greenbacker believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. Greenbacker undertakes no obligation to update any forward-looking statement contained herein to conform to actual results or changes in its expectations.

    Greenbacker media contact
    Chris Larson
    Media Communications
    646.569.9532
    c.larson@greenbackercapital.com

    MUFG media contact
    Alicia Faugier
    Corporate Communications
    afaugier@mufg.jp


    1Governor Hochul Announces Siting Approval of New York’s Largest Solar Facility to Date, governor.ny.gov.
    2EPA Greenhouse Gas Equivalencies Calculator. September 30, 2024.
    3 Data is as of September 30, 2024. Green jobs calculated using The National Renewable Energy Laboratory (NREL) State Clean Energy Employment Projection Support, nrel.gov.

    The MIL Network

  • MIL-OSI: Blackford Capital Acquires Ace Controls, Expanding PACIV, its Industrial Automation Platform

    Source: GlobeNewswire (MIL-OSI)

    GRAND RAPIDS, Mich., Jan. 27, 2025 (GLOBE NEWSWIRE) — Blackford Capital (“Blackford”), a leading lower middle market private equity firm, announced today the acquisition of Ace Controls, a Houston, Texas-based company renowned for designing and building industrial control panels. This acquisition diversifies Blackford’s Industrial Automation Platform, PACIV, to service a broader range of customers. Terms of the transaction are not being disclosed.

    Ace Controls is the third acquisition for the PACIV platform since its establishment in June 2023, following its add-on acquisitions of Data Science Automation in January 2024, and Eight12 Automation in May 2024. PACIV has already established a strong presence in the healthcare and life science industries, and the addition of Ace Controls brings a new focus on industrial applications in the water and wastewater industry, and also further expands the platform’s control panel capabilities. Ace Controls has a 95% repeat business rate from its customers, who represent the equipment manufacturing, electrical contracting, and general contracting sectors.

    Martin Stein, Founder and Managing Director of Blackford Capital, said, “Entering an additional highly regulated, strict tolerance end market with high entry barriers will enable PACIV to scale and diversify its business. Our PACIV platform thesis is to be a multi-dimensional industrial automation enterprise catering to life sciences, food and beverage, and water and wastewater companies.”

    Ace Controls President Agmed Aguirre founded the company in 2005 with a vision to serve the water and wastewater industries by building and distributing high-quality wholesale control panels designed with the end user in mind. Under his leadership over the past 20 years, Ace Controls has flourished, earning recognition as an industry leader. Agmed’s wife Lindsey Aguirre joined the business in 2006, playing a crucial role in administration and bookkeeping, which has helped to build a solid foundation for the company. The entire management team and all employees will remain with the PACIV platform post-acquisition.

    “We are excited to join the PACIV platform and are eager to gain access to new customers, receive additional services, and collaboratively achieve significant growth,” said Mr. Aguirre.

    Jeff Johnson, Managing Director and Chairman of the Board of PACIV, said, “We welcome the Ace Controls team to PACIV, who impressed us with their strong culture of continuous improvement, dedication to cost control, and customer service. We believe that by expanding PACIV’s control panel offerings we can achieve our ’one-stop’ goal for the platform and create a truly synergistic portfolio company.”

    The platform is headquartered in ​San Juan, Puerto Rico with offices in Indiana, Pennsylvania, California, Ireland, and now Texas.

    Generational Group served as exclusive financial advisor and Lancaster | Helling served as legal advisor to Ace Controls. Varnum LLP served as legal advisor and RSM US LLP served as the financial and tax advisor to Blackford and PACIV. Mercantile Bank provided debt financing, and Rush Street Capital provided financing advisory services in support of the transaction.

    About Blackford Capital
    Founded in 2010, Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Blackford acquires, manages, and builds founder and family-owned, lower middle-market companies, with a focus on the manufacturing, industrial and distribution industries. Blackford has a track record of exceptional returns, a disciplined and relentless approach to value creation, and a focus on operational excellence and a compelling culture. In 2023 and 2024, Blackford Capital was named to Inc’s list of Founder-Friendly Investors, was recognized by ACG Detroit with the 2023 M&A Dealmaker of the Year Award and awarded the 2023 Small Markets Deal of the Year award by both Buyouts Magazine and the Global M&A Network Atlas Awards. For more information, visit www.blackfordcapital.com.

    About Ace Controls
    Established in January 2005, Ace Controls leverages over 30 years of combined expertise in control panel design, fabrication, and integration to deliver reliable and cost-effective solutions. Serving the water and wastewater industries, as well as the oil and gas industries, Ace Controls caters to manufacturers of process equipment such as pumps, compressors, blowers, conveyors, mixers, and clarifiers, making Ace Controls a trusted partner in these critical sectors.

    Media Contact:
    Lambert by LLYC
    Jennifer Hurson
    (845) 729-3100
    jhurson@lambert.com

    Jackson Lin
    (646) 717-4593
    jlin@lambert.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/72daeb91-d04c-4f9e-a1d3-5374ce84b9fb

    The MIL Network

  • MIL-OSI: QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., Jan. 27, 2025 (GLOBE NEWSWIRE) — QXO, Inc. (NYSE: QXO) today announced that it is commencing an all-cash tender offer to acquire all outstanding shares of Beacon Roofing Supply, Inc. (Nasdaq: BECN) for $124.25 per share. This price implies a 37% premium above Beacon’s 90-day unaffected volume-weighted average price of $91.02 per share as of November 15, 2024. The total transaction enterprise value is approximately $11 billion.

    QXO intends to complete the acquisition quickly after the tender offer expires in 20 business days, subject to the terms of the offer. The proposed transaction is not subject to any contingencies related to financing or due diligence. QXO expects that the waiting periods under the Hart-Scott-Rodino Act and the Canadian Competition Act will have expired or been waived by the time the tender offer expires.

    Brad Jacobs, chairman and chief executive officer of QXO, said, “Our compelling offer would get cash into the hands of Beacon shareholders immediately at a significant premium to the unaffected share price. We believe that Beacon would be a strong fit for QXO and a key part of our plan to become a forward-looking leader in building products distribution.”

    In addition, QXO reiterates that it intends to pursue all options to complete a transaction, including nominating directors for election at Beacon’s Annual Meeting.

    Secured Financing in Place
    QXO has secured full financing commitments from Goldman Sachs, Morgan Stanley, Citi, Credit Agricole, Wells Fargo and Mizuho. The proceeds from the financing commitments, together with QXO’s cash on hand, will be sufficient to pay 100% of the purchase consideration, any required refinancing of Beacon’s debt, and associated transaction fees and expenses.

    Terms
    The offer and withdrawal rights are scheduled to expire at 12:00 midnight, New York City time, at the end of February 24, 2025, unless the offer is extended. The full terms, conditions and other details of the tender offer are set forth in the offering documents that QXO is filing today with the Securities and Exchange Commission (the “SEC”).

    Morgan Stanley & Co. LLC is acting as lead financial advisor to QXO, and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal counsel.

    About QXO

    QXO provides technology solutions, primarily to clients in the manufacturing, distribution and service sectors. The company provides consulting and professional services, including specialized programming, training and technical support, and develops proprietary software. As a value-added reseller of business application software, QXO offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence and other applications. QXO plans to become a tech-forward leader in the $800 billion building products distribution industry. The company is targeting tens of billions of dollars of annual revenue in the next decade through accretive acquisitions and organic growth. Visit QXO.com for more information.

    Forward-Looking Statements

    This communication contains forward-looking statements. Statements that are not historical facts, including statements about beliefs, expectations, targets, goals, regulatory approval timing and nominating directors are forward-looking statements. These statements are based on plans, estimates, expectations and/or goals at the time the statements are made, and readers should not place undue reliance on them. In some cases, readers can identify forward-looking statements by the use of forward-looking terms such as “may,” “will,” “should,” “expect,” “opportunity,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “target,” “goal,” or “continue,” or the negative of these terms or other comparable terms. Forward-looking statements involve inherent risks and uncertainties and readers are cautioned that a number of important factors could cause actual results to differ materially from those contained in any such forward-looking statements. Such factors include but are not limited to: the ultimate outcome of any possible transaction between QXO and Beacon, including the possibility that the parties will not agree to pursue a business combination transaction or that the terms of any definitive agreement will be materially different from those proposed; uncertainties as to whether Beacon will cooperate with QXO regarding the proposed transaction; the ultimate result should QXO commence a proxy contest for election of directors to Beacon’s board of directors; QXO’s ability to consummate the proposed transaction with Beacon; the conditions to the completion of the proposed transaction, including the receipt of any required shareholder approvals and any required regulatory approvals; QXO’s ability to finance the proposed transaction; the substantial indebtedness QXO expects to incur in connection with the proposed transaction and the need to generate sufficient cash flows to service and repay such debt; the possibility that operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers or suppliers) may be greater than expected following the proposed transaction or the public announcement of the proposed transaction; QXO’s ability to retain certain key employees; and general economic conditions that are less favorable than expected. QXO cautions that forward-looking statements should not be relied on as predictions of future events, and these statements are not guarantees of performance or results. Forward-looking statements herein speak only as of the date each statement is made. QXO does not assume any obligation to update any of these statements in light of new information or future events, except to the extent required by applicable law.

    Important Additional Information and Where to Find It

    This communication is for informational purposes only and does not constitute a recommendation, an offer to purchase or a solicitation of an offer to sell Beacon securities. QXO and Queen MergerCo, Inc. (the “Purchaser”) filed a Tender Offer Statement on Schedule TO with the SEC on January 27, 2025, and Beacon will file a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the tender offer with the SEC. Investors and security holders are urged to carefully read the Tender Offer Statement (including the Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as each may be amended or supplemented from time to time), and the Solicitation/Recommendation Statement when available, as these materials contain important information that investors and security holders should consider before making any decision regarding tendering their common stock, including the terms and conditions of the tender offer. The Tender Offer Statement, Offer to Purchase, Solicitation/Recommendation Statement and related materials are filed with the SEC, and investors and security holders may obtain a free copy of these materials and other documents filed by QXO and Beacon with the SEC at the website maintained by the SEC at www.sec.gov. In addition, the Tender Offer Statement and other documents that QXO and the Purchaser file with the SEC will be made available to all investors and security holders of Beacon free of charge from the information agent for the tender offer: Innisfree M&A Incorporated, 501 Madison Avenue, 20th Floor, New York, NY 10022, toll-free telephone: +1 (888) 750-5834.

    QXO and the other participants intend to file a preliminary proxy statement and accompanying WHITE universal proxy card with the SEC to be used to solicit proxies for, among other matters, the election of its slate of director nominees at the 2025 annual meeting of stockholders of Beacon. QXO strongly advises all stockholders of Beacon to read the preliminary proxy statement, any amendments or supplements to such proxy statement, and other proxy materials filed by QXO with the SEC as they become available because they will contain important information. Such proxy materials will be available at no charge on the SEC’s website at www.sec.gov and at QXO’s website at investors.qxo.com. In addition, the participants in this proxy solicitation will provide copies of the proxy statement, and other relevant documents, without charge, when available, upon request. Requests for copies should be directed to the participants’ proxy solicitor.

    Certain Information Concerning the Participants

    The participants in the proxy solicitation are anticipated to be QXO, Brad Jacobs, Ihsan Essaid, Matt Fassler, Mark Manduca and individuals nominated by QXO (the “QXO Nominees”). QXO expects to determine and announce the QXO Nominees prior to the nomination deadline for the 2025 annual meeting of stockholders of Beacon. As of the date of this communication, other than 100 shares of common stock of Beacon beneficially owned by QXO, none of the participants that have been identified has any direct or indirect interest, by security holdings or otherwise, in Beacon.

    Media Contacts

    Joe Checkler
    joe.checkler@qxo.com
    203-609-9650

    Steve Lipin / Lauren Odell
    Gladstone Place Partners
    212-230-5930

    Investor Contacts ‍

    Mark Manduca
    mark.manduca@qxo.com
    203-321-3889

    Scott Winter / Jonathan Salzberger
    Innisfree M&A Incorporated
    212-750-5833

    The MIL Network

  • MIL-OSI: Gadfin Ltd. and Israel Acquisitions Corp. Announce Entry into Definitive Business Combination Agreement, Bringing the Unmanned Aerial Delivery Company to Nasdaq

    Source: GlobeNewswire (MIL-OSI)

    TEL-AVIV, Israel, Jan. 27, 2025 (GLOBE NEWSWIRE) — Israel Acquisitions Corp. (NASDAQ: ISRL, ISRLU, ISRLW), (“ISRL”), a publicly-traded special purpose acquisition company, and Gadfin Ltd. (“Gadfin”), an Israeli technology company specializing in all-weather, long range, heavy-duty, drone delivery for essential cargo, today announced the entry into a definitive business combination agreement reflecting a total equity value of Gadfin of up to $200 million USD (the “Business Combination Agreement”). The combined company will trade on Nasdaq and leverage Gadfin’s innovative technology augmented with the expertise of the ISRL team.

    Through Gadfin’s patented technology, its unmanned aerial vehicles which are powered by hydrogen fuel cells can deliver medical supplies and other heavy-duty cargo to long-range destinations and in harsh weather conditions. Gadfin’s technology makes it possible to significantly improve logistics delivery in both civil uses and combat zones. Gadfin is well-positioned to be a leading player in drone cargo delivery.

    Upon completion of the transaction, Gadfin aims to achieve a great growth plan based on existing contracts and potential new wins.

    Transaction Details:

    • The Board of Directors of both ISRL and Gadfin have unanimously approved the Business Combination Agreement and signed voting support agreements in favor of the transaction.
    • Minimum net cash condition precedent to closing of $15 million.
    • The combined company’s staggered Board of Directors will initially be comprised of up to seven directors, of which one director will be nominated by ISRL and up to four directors will be nominated by Gadfin. Up to two additional directors will be mutually agreed. Existing Gadfin management will operate the combined company.
    • The parties anticipate completing the business combination in the second half of 2025, contingent upon satisfying all closing conditions, including shareholder approvals, regulatory consents, and compliance with legal and tax requirements.
    • Gadfin’s officers, directors, and >5% shareholders, as well as ISRL’s sponsor will enter into a 6-month lock-up agreement, followed by a gradual release mechanism, from the closing of the business combination.
    • At the closing of the transaction, Gadfin will be listed on Nasdaq in the United States.

    Izhar Shay, Chairman of ISRL’s Board of Directors: “This business combination agreement marks a significant milestone, aligning well with the vision we set forth when launching our SPAC. Gadfin’s innovative hydrogen-powered drones, capable of long-range, zero-emission deliveries, position the company to seize numerous growth opportunities in the drone logistics industry, both in the U.S. and globally. We believe this is an exceptional company to take to the Nasdaq.”

    Eyal Regev, Gadfin’s Founder and CEO: “We are thrilled to announce this business combination, marking a pivotal milestone for Gadfin and underscoring the confidence placed in us by leaders in the hi-tech and financial sectors in Israel and the United States. We deeply appreciate the trust and business expertise of the ISRL team, particularly Ziv Elul and Izhar Shay, whose strategic guidance and proven ability to scale businesses will be invaluable in driving Gadfin’s growth. Together, we are committed to accelerating technological innovation and expanding Gadfin’s global presence. Our gratitude also extends to the dedicated teams at Gadfin and ISRL for their tireless efforts in advancing this merger.”

    Advisors:

    Tiberius Capital Markets, a division of Arcadia Securities is acting as financial advisor to Israel Acquisitions Corp, with Reed Smith LLP, and Stuarts Humpries acting as legal advisors.

    Herzog, Fox, and Neeman is acting as legal advisor to Gadfin.

    About Gadfin Ltd.:

    Gadfin is a pioneering technology company revolutionizing the logistics and cargo delivery industry with its innovative hydrogen-powered drones. Specializing in long-range, heavy-duty, zero-emission aerial delivery, Gadfin provides cutting-edge solutions for time-critical, essential cargo transport, especially to less accessible areas. Gadfin’s proprietary technology is designed to address the evolving needs of sectors such as healthcare, logistics, and industrial supply chains, enabling efficient, sustainable, and reliable deliveries across urban and remote areas.

    Led by Eyal Regev, one of the earliest pioneers of the vertical take-off and landing (“VTOL”) cargo delivery vision, Gadfin’s comprehensive approach includes innovative VTOL design, state-of-the-art drone manufacturing, advanced operational platforms, and tailored support services, ensuring seamless integration into its clients’ logistics frameworks. Headquartered in Israel, Gadfin is pioneering the way in transforming how goods are transported, helping its partners meet the demands of the modern world while reducing environmental impact. Backed by prominent investors, SIBF VC (www.sibf.vc) and Gehr Group (www.gehr.com), Gadfin is poised to lead the charge in sustainable and efficient logistics solutions.

    About Israel Acquisitions Corp.:

    Israel Acquisitions Corp is a Cayman Islands exempted company incorporated as a blank-check company. Formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company intends to focus on high-growth technology companies that are domiciled in Israel, and that either carry out all or a substantial portion of their activities in Israel or have some other significant Israeli connection. The management team is led by Chairman, Izhar Shay, Chief Executive Officer, Ziv Elul, and Chief Financial Officer, Sharon Barzik Cohen.

    Forward-Looking Statements:

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, regarding the proposed business combination ISRL and Gadfin, ISRL and Gadfin’s ability to consummate the transaction, the expected closing date for the transaction, the benefits of the transaction and the public company’s future financial performance following the transaction, as well as ISRL’s and Gadfin’s strategy, future operations, financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used herein, including any oral statements made in connection herewith, the words “anticipates,” “approximately,” “believes,” “continues,” “could,” “estimates,” “expects,” “forecast,” “future, ” “intends,” “may,” “outlook,” “plans,” “potential,” “predicts,” “propose,” “should,” “seeks,” “will,” or the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by both ISRL and its management, and Gadfin and its management, as the case may be, are inherently uncertain. Except as otherwise required by applicable law, ISRL disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. ISRL cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of ISRL. There may be additional risks that neither ISRL nor Gadfin presently know of or that ISRL or Gadfin currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Author and any of their affiliates, directors, officers and employees expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement to reflect events or circumstances after the date on which such statement is being made, or to reflect the occurrence of unanticipated events.

    Additional Information and Where to Find It:

    Additional information about the proposed business combination, including a copy of the business combination agreement, is disclosed in the Current Report on Form 8-K that ISRL filed with the SEC on January 27, 2025 and is available at www.sec.gov. In connection with the proposed transaction, the Company intends to file a registration statement, which will include a preliminary proxy statement/prospectus with the SEC. The proxy statement/prospectus will be sent to the stockholders of the Company. The Company and Gadfin also will file other documents regarding the proposed transaction with the SEC. Before making any voting decision, investors and security holders of the Company are urged to read the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction.

    No Offer or Solicitation:

    This communication is for informational purposes only and shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination. This communication shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or an exemption therefrom.

    Investor Contact:

    contact@israelspac.com

    The MIL Network

  • MIL-OSI: Form 8.3 – [ International Paper Company]

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Danske Bank A/S
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    International Paper Company
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    24 January 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    NO

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 10p ordinary
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 137,608 0.04    
    (2)   Cash-settled derivatives:     137,608 0.04
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    137,608 0.04 137,608 0.04

    All interests and all short positions should be disclosed.
    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    10p ordinary Buy      
    1300
     

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    10p ordinary TRS Increasing a short position

    1300

     

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit
             

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 27 January 2025
    Contact name: Kotryna Cinciuke
    Telephone number*: +37060405825

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: First commercial launch of biometric payment cards in Japan with LIFE CARD and IDEX Biometrics

    Source: GlobeNewswire (MIL-OSI)

    Oslo, Norway and Tokyo, Japan – 27 January 2025 – IDEX Biometrics enters a new market, together with LIFE CARD, Japan’s most innovative credit card issuer. This marks the market introduction of biometric payment cards in Japan. LIFE CARD is targeting commercial deployment in the first half of 2025.

    Japan is one of the largest payment markets in Asia, with a very advanced acceptance landscape which is ready for biometric smart cards. Credit cards have emerged to become the most popular alternative to cash in Japan, with 314 million cards issued. Accounting for more than 80% percent of cashless transactions, credit cards are used far more than any other digital payment instrument in Japan1.

    As a credit card issuer of Visa and Mastercard, LIFE CARD is commercializing premium, corporate and student card programs. Biometric payment cards will be a key differentiator and amplifier as LIFE CARD continues to lead innovation in the market.

    “LIFE CARD provides innovative, secure and frictionless payment solutions to our growing consumer base. Introducing the latest biometric technology and security to the Japanese market, will reinforce our market positioning, as we attract new customers and increase transactions and customer lifetime value” says Keiji Masui, President at LIFE CARD.

    “LIFE CARD and IDEX Biometrics are bringing more seamless and secure payments to consumers, confirming Japan’s technology and innovation leadership in payments. IDEX is committed to make card payments easier, more secure and accessible for Japanese consumers”, shared Catharina Eklof, Chief Executive Officer at IDEX Biometrics.

    1Source: Statista

    For further information contact:
    Marianne Bøe, Head of Investor Relations, + 47 91800186
    Kristian Flaten, CFO, +47 95092322
    E-mail:ir@idexbiometrics.com

    About IDEX Biometrics
    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    For more information, please visit www.idexbiometrics.com

    About LIFE CARD Co., Ltd.
    Since its inception in 1952, LIFE CARD has been at the forefront of pioneering advancements in Japan’s credit system. Leveraging its rich legacy of expertise and industry insights, LIFE CARD is dedicated to providing unparalleled support and service toits partners as well as customers.
    As a proud member of the esteemed AIFUL Group, one of the largest non-bank financial institutions in the nation, LIFE CARD remains steadfast in its commitment to driving financial inclusivity and empowerment across diverse sectors.

    Through synergistic collaborations within the group, LIFE CARD endeavors to spearhead the development of multifaceted financial ecosystems, catering to the evolving needs of its partners and clientele.

    For more information, please visit www.lifecard.co.jp

    Trademark Statement
    IDEX, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders.

    About this notice:
    This notice discloses inside information pursuant to the EU Market Abuse Regulation and was issued by Marianne Bøe, Head of Investor Relations, on 27 January 2025 at 13:02 CET on behalf of IDEX Biometrics ASA. The notice is published in accordance with section 5-12 the Norwegian Securities Trading Act.

    The MIL Network

  • MIL-OSI Asia-Pac: Traffic measures to be implemented

    Source: Hong Kong Information Services

    To facilitate festive events occurring on the first two days of the Lunar New Year, the Government will roll out special traffic and transport arrangements at various locations on Hong Kong Island and in Kowloon.

    In connection with the International Chinese New Year Night Parade due to be held in Tsim Sha Tsui at 8pm on January 29, the first day of the Lunar New Year, special traffic arrangements will be implemented in phases starting from 3.30pm that day. They will remain in place until the crowd has dispersed and the roads are safe for re-opening.

    During this period, the Star Ferry Bus Terminus and the China Ferry Terminal Bus Terminus will not be operational. On-street parking will be suspended, and pick-up/drop-off areas and carparks will be closed.

    With regard to the Lunar New Year fireworks display, which will be staged at 8pm on January 30, Police will enforce crowd safety management measures and special traffic arrangements on both sides of Victoria Harbour starting from 5pm.

    In addition, the Marine Department will implement marine traffic control measures and strengthen inspections of spectator vessels to ensure that safety requirements are met.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Immigration Department Review 2024 (with photos)

    Source: Hong Kong Government special administrative region

         The Director of Immigration, Mr Kwok Joon-fung, held a press conference today (January 27) to review the work of the Immigration Department (ImmD) over the past year and look ahead to the future. The following is a summary of the department’s major activities in 2024 and its outlook:      Staying committed to its mission and safeguarding national security      The Safeguarding National Security Ordinance took effect upon gazettal in 2024. Together with the Hong Kong National Security Law, a comprehensive legal system and enforcement mechanism for safeguarding national security have been established in the Hong Kong Special Administrative Region (HKSAR). With a crucial role to play in safeguarding national security, the department has been guarding the country’s southern gateway rigorously with patriotism, and acts in accordance with all applicable laws and prevailing immigration policies to protect Hong Kong’s national sovereignty, security and development interests. Staying principled and innovative, the Government actively seeks reforms so that Hong Kong can advance from stability to prosperity and better integrate into the national development. It also strives to consolidate and enhance Hong Kong’s status as an international financial, shipping and trade centre. The ImmD continues to render full support to the HKSAR Government in its policy directions and measures, with a view to contributing to the prosperity and stability of Hong Kong.      Enhancing efficiency and facilitating connections and integration (A) Passenger traffic at control points      In 2024, a total of around 298 million passengers passed through Hong Kong’s control points, representing an increase of about 41 per cent over 2023 and a return to the 300 million level in 2019. The total number of visitor arrivals was around 44.5 million, representing an increase of about 31 per cent as compared with that of 2023, of which Mainland visitor arrivals were around 34.04 million, representing an increase of about 27 per cent when compared with that of 2023. Meanwhile, the number of arrivals of other visitors in 2024 was around 10.46 million, representing an increase of about 44 per cent over 2023. Among the visitor arrivals in 2024, around 9.86 million visitors travelled through the Airport Control Point, while around 32.81 million visitors and around 1.84 million visitors passed through land control points and sea control points respectively. (B) Enabling people movement (1) Enhancing handling capacity of control points      The ImmD has been taking various measures, including flexible deployment of manpower, optimisation of workflow and effective use of information technology, etc, to continuously enhance the handling capacity and efficiency of control points. Among them, the Heung Yuen Wai Boundary Control Point has seen a continuous increase in users since its passenger clearance services commenced operation in February 2023. To further enhance the clearance capacity, the ImmD set up 10 additional mobile counters in the arrival hall of the Heung Yuen Wai Boundary Control Point and completed the enhancement works in early June 2024 to replace some of the conventional counters with e-Channels, thereby increasing the number of e-Channels in the arrival hall from the existing 14 to 18. Furthermore, to enhance the handling capacity and efficiency of the Express Rail Link West Kowloon Control Point, in addition to the existing 22 e-Channels, 19 extra e-Channels were installed in phases in the arrival hall, which were then put into service progressively starting from June 26, 2024. (2) Extension of e-Channel service            The ImmD launched the Contactless e-Channel service in 2021 to allow registered Hong Kong residents to undergo self-service immigration clearance using an encrypted QR code generated by the “Contactless e-Channel” mobile application and facial recognition technology. As at the end of 2024, around 5 million Hong Kong residents had registered for the service and the number of passengers who used the service reached around 150 million, accounting for nearly 75 per cent of the daily number of Hong Kong residents using the e-Channels. On July 19, 2024, the ImmD launched the Mutual Use of QR Code between HKSAR and Macao SAR Clearance Service in collaboration with the relevant authorities of Macao. Eligible Hong Kong residents who have registered for using the Macao Automated Passenger Clearance Service may use the encrypted QR code generated by the “Contactless e-Channel” mobile application for self-service immigration clearance in Macao. Similarily, eligible Macao permanent residents may also use the encrypted QR code generated by the “Macao One Account” mobile application for self-service immigration clearance through the e-Channels in Hong Kong. As at the end of 2024, the numbers of Hong Kong residents and Macao residents who used the service were around 400 000 and 210 000 respectively. (3) Cancelling the requirement for visitors to furnish arrival or departure cards      To further streamline immigration procedures, the ImmD has cancelled the requirement for visitors to furnish an arrival or departure card with effect from October 16, 2024. All passengers are no longer required to complete and furnish an arrival or departure card, thereby facilitating a faster and more convenient immigration clearance process.      Attracting talent by building Hong Kong into an international hub for talent      In support of the Government’s initiatives to attract and retain talent, as well as building Hong Kong into an international hub for talent, the ImmD continued to implement the various enhanced talent admission schemes and deployed additional manpower and streamlined the system to speed up the processing of relevant applications. Meanwhile, technology was also utilised to enhance electronic services, making the submission of visa applications more convenient and efficient. (For details of the numbers of applications for visas/entry permits/extensions of stay received and approved under various admission schemes/policies, please refer to the Annex.) (A) Enhancing talent admission schemes (1) Enhancing the assessment criteria and arrangements for the General Points Test under the Quality Migrant Admission Scheme      With effect from November 1, 2024, the General Points Test (GPT) under the Quality Migrant Admission Scheme (QMAS) has been enhanced by adopting clearer and more objective scoring criteria, as well as streamlining the application and selection process. The enhanced GPT replaced the original item-by-item scoring system with an assessment questionnaire comprising 12 assessment criteria across six major aspects, namely age, academic qualifications, language proficiency, work experience, income and business ownership. Applicants may submit applications if they meet a minimum of six assessment criteria. The ImmD will pass the eligible applications to an assessment panel chaired by the Secretary for Labour and Welfare. The assessment panel will then provide advice to the Director of Immigration according to the selection results. There is no annual quota under the enhanced GPT. (2) Expanding the list of eligible universities under the Top Talent Pass Scheme and extending the validity period of the first visa for Category A applications      To further expand the network for attracting talent, starting from November 1, 2024, 13 top Mainland and overseas universities/institutions have been added to the list of eligible universities under the Top Talent Pass Scheme (TTPS). The aggregate list currently covers a total of 199 eligible institutions after the annual update. In addition, with effect from October 16, 2024, the validity period of the first visa of applicants approved under Category A of the TTPS has also been extended from two years to three years to facilitate their advance planning for relocation to Hong Kong with their families. The new measure also applies to Category A applicants whose applications were approved before the aforementioned date. (3) Extending the immigration arrangements for graduates from the Greater Bay Area campuses of Hong Kong universities      In late 2022, the Immigration Arrangements for Non-local Graduates was expanded to include graduates from the Greater Bay Area (GBA) campuses of Hong Kong universities on a pilot basis for two years. The HKSAR Government announced in October 2024 that the arrangements would be extended for two years to the end of 2026. (B) Temporarily exempting full-time non-local undergraduate students from restrictions on taking up part-time jobs      Starting from November 1, 2024, full-time non-local undergraduate students have been temporarily exempted from the restrictions on taking up part-time jobs to enhance their personal experience of working in Hong Kong, thereby increasing their incentive to stay in Hong Kong for development after graduation. Eligible full-time non-local undergraduate students are allowed to take up part-time employment within the duration of their studies, with no restrictions on the number of working hours and location. (C) Implementation of New Capital Investment Entrant Scheme      The New Capital Investment Entrant Scheme was launched on March 1, 2024, with the aim to further enrich the talent pool and attract more new capital to Hong Kong. An eligible applicant must invest a minimum of HK$30 million in the permissible investment assets. Invest Hong Kong is responsible for assessing whether the applications fulfil the financial requirements, and the ImmD is responsible for assessing the applications for visa and entry permits and extensions of stay, etc. (D) Relaxation of visa arrangements for nationals of Cambodia, Laos, Myanmar and Vietnam      To foster closer ties with countries of the Association of Southeast Asian Nations (ASEAN), following the relaxation of criteria for Vietnamese nationals applying for multiple-entry visas for travel or business in 2023, the relaxation measure has been extended to include nationals of Cambodia, Laos and Myanmar starting from October 16, 2024. Meanwhile, the validity period of multiple-entry visas for nationals of these four ASEAN countries has also been extended from two years to three years. The ImmD has put in place a fast-track arrangement for group visitors from ASEAN countries who submit their visa applications via local travel agents, so that the processing time of the visa applications can be significantly shortened.      Be people-oriented and improve their livelihood in pursuit of happiness (A) Commissioning of the new Immigration Headquarters      Located at the Tseung Kwan O town centre, the new Immigration Headquarters officially commenced operation on June 11, 2024, marking a new milestone in the development of the department. Not only is the new headquarters equipped with better facilities and infrastructure, it also houses the Tseung Kwan O Marriage Registry and Tseung Kwan O Births Registry, delivering quality public services to citizens. The marriage hall of the Tseung Kwan O Marriage Registry features an innovative design with special wall panels, a lighting system that can be set to different colours, as well as various photo-taking spots. Since its opening on June 26, the hall has been popular among the public. As at the end of 2024, more than 1 300 weddings were held there. (B) New submission and collection kiosks for personal documentation      The Registration of Persons (Amendment) Regulation 2024 came into effect on December 13, 2024. On the same day, the ImmD introduced self-application services for identity cards (ICs), expanding the service scope of the Personal Documentation Submission Kiosks to cover IC applications, in addition to HKSAR passport applications. The new services cover three types of replacement applications of IC holders who are aged 18 or above holding a locally issued smart IC, i.e. (i) replacement for an adult IC for persons reaching the age of 18; (ii) replacement for a permanent IC for persons having their eligibility for a permanent IC verified; and (iii) replacement for a new smart identity card for persons holding a valid old form of smart identity IC. Eligible applicants may apply for an IC replacement in a self-service manner and submit their HKSAR passport applications in one go. For collection of documents, members of the public may also collect their ICs and HKSAR passports in a self-service manner through the Personal Documentation Collection Kiosks. A total of 54 new personal documentation kiosks are provided in the new headquarters. The service hours of some of the kiosks have been further extended until 10pm to enable eligible applicants’ access to the services beyond office hours. In addition, starting from December 13, 2024, the processing time for new smart ICs has been shortened from the current seven working days to five working days. Members of the public may collect their new ICs on the next working day upon completion of application processing by the ImmD. (C) Conclusion of Territory-wide Identity Card Replacement Exercise      Following the conclusion of the Territory-wide Identity Card Replacement Exercise on March 3, 2023, the Smart Identity Card Replacement Centres ceased operation. Residents who have yet to replace their smart identity cards can visit the four designated Registration of Persons (ROP) Offices during the extended service hours or the ROP – Kwun Tong (Temporary) Office for identity card replacement. As at the end of 2024, a total of some 7.32 million identity card holders had replaced their smart identity cards, representing a replacement rate of about 91 per cent. The Secretary for Security has made the Registration of Persons (Invalidation of Identity Cards) Order 2024 under section 7C of the Registration of Persons Ordinance (Cap. 177), declaring that the old form of smart identity cards issued before November 26, 2018, will be invalidated in two phases in 2025. Moreover, the On-site Identity Card Replacement Service (On-site Service), which had been temporarily suspended for over two years due to the pandemic, resumed in November 2022 to provide on-site identity card replacement service to eligible residents of residential care homes (RCHs). As at the end of 2024, the outreach teams had visited around 1 100 RCHs to complete the replacement procedures for over 45 200 residents. It is anticipated that the On-site Service will conclude in the first quarter of 2025. (D) Granting of visa-free access for HKSAR passport holders      In 2024, the ImmD issued a total of more than 900 000 HKSAR passports. Since July 2024, the period of visa-free entry for HKSAR passport holders to Thailand has been extended from up to 30 days to 60 days. As at the end of 2024, 171 countries or territories had granted visa-free access or visa-on-arrival for HKSAR passport holders. The ImmD will continue to lobby more countries or territories to grant visa-free access or visa-on-arrival for HKSAR passport holders to provide travel convenience. (E) Services and support for Hong Kong residents in distress outside Hong Kong (1) Assistance to Hong Kong residents in distress outside Hong Kong      The ImmD’s Assistance to Hong Kong Residents Unit (AHU) has been making every effort to provide practical assistance to Hong Kong residents in distress outside Hong Kong. The AHU maintains close ties with the Office of the Commissioner of the Ministry of Foreign Affairs in the HKSAR (OCMFA), Chinese diplomatic and consular missions overseas and other relevant HKSAR government departments to provide all practicable help and support to assistance seekers. To step up its services and support for Hong Kong residents in distress outside Hong Kong, the ImmD introduced the 1868 WeChat assistance hotline and 1868 Chatbot on March 18, 2024. Along with the existing options, Hong Kong residents may contact the AHU through a total of six different channels for assistance. In 2024, the AHU handled 3 302 requests for assistance in total, most of which involved loss of travel documents, hospitalisation, casualties, etc outside Hong Kong. Among the requests received, there were cases of Hong Kong residents suspected of having been lured to Southeast Asian countries and detained to engage in illegal work. The ImmD has provided appropriate advice and practicable assistance to the persons concerned or their families according to their wishes. In the light of the situation in Lebanon and Israel, the ImmD has also maintained close contact with the OCMFA and relevant Chinese Embassies to follow up as appropriate. With the assistance of the Embassy, three Hong Kong residents were safely evacuated from Lebanon by vessel and flight under the national arrangements. (2) Publicity on consular protection and outbound travel safety     In June 2024, the ImmD and the OCMFA co-organised the Consular Protection Month to widely disseminate information on consular protection and outbound travel safety through a series of activities, including holding the launching ceremony of the Consular Protection Month at Hong Kong International Airport (HKIA), organising roving exhibitions on consular protection across the territory, setting up booths at the International Travel Expo and conducting joint seminars with the OCMFA. Meanwhile, the “Consular Protection and Outbound Travel Safety” online exhibition was launched to enable members of the public to learn more about consular protection and outbound travel safety through various activities. (F) Mainland Travel Permits for Hong Kong and Macao Residents (Non-Chinese Citizens)      The Exit and Entry Administration of the People’s Republic of China started to issue Mainland Travel Permits for Hong Kong and Macao Residents (Non-Chinese Citizens) (Permits) from July 10, 2024, onwards. To apply for the Permit, applicants are required to apply for a Notice of Application for Access to Information (Notice) from the ImmD. The Notice will normally be made available within 10 days upon receipt of the request. As at the end of 2024, a total of about 87 000 applications in relation to the Notice had been received, among which 99 per cent had been processed.      Stringent law enforcement and securing social stability (A) Law enforcement           The ImmD is dedicated to combating immigration-related crimes. Its Cybercrime and Forensics Investigation Group has been actively conducting targeted cyber patrols and taking enforcement actions against those who organise, arrange or incite the public to commit serious crimes such as employing illegal workers through social media or instant messaging software, with a view to tackling illegal employment and protecting the job opportunities of local workers. (1) Combating illegal employment      In 2024, the ImmD conducted a total of 17 906 operations against illegal employment and arrested 4 172 illegal workers and 513 local employers altogether. In particular, a total of 444 non-ethnic Chinese illegal workers and 146 local employers who employed them were arrested during the enforcement operations against non-ethnic Chinese illegal workers. Employing illegal workers is a serious offence. A dishwashing service company licensee was convicted for employing illegal workers and sentenced to 19 months’ imprisonment in February 2024. In July and August 2024, under the co-ordination of the Exit and Entry Administration of the People’s Republic of China, the ImmD mounted a cross-boundary joint operation with the Exit and Entry Administration Offices of the public security authorities of Guangxi and Guangdong and the Shenzhen Frontier Inspection Station, cracking down on a cross-boundary forgery syndicate that specialised in soliciting Mainlanders to take up illegal employment in Hong Kong, resulting in the arrest of a total of 201 persons and the seizure of a large quantity of forgery equipment and forged documents. In regards to the Hong Kong side, the ImmD mounted an operation codenamed “Vanguard” and arrested a total of 97 persons, including a syndicate mastermind and serveral core members, as well as a number of suspected illegal workers and employers suspected of employing them. (2) Strengthening counter-terrorism preparedness, combating illegal transnational migration and document fraud      Officers of the ImmD intercepted suspicious persons at immigration control points in light of terrorist threat assessments and actual circumstances, and kept visitors in suspected association with terrorist activities under surveillance to prevent such persons from attempting to enter Hong Kong. In 2024, the ImmD conducted a total of 13 664 related inspection operations at various immigration control points, and intercepted 32 551 passengers in total for enquiries. To enhance its preparedness and response capability for emergencies and terrorist attacks, the ImmD participated in a large-scale interdepartmental counter-terrorism exercise codenamed “Wisdomlight” at the Kai Tak Sports Park in December 2024. During the exercise, the ImmD showcased its recently commissioned mobile identification tactical unit, while the Emergency Response Team of the Castle Peak Bay Immigration Centre (CIC) demonstrated how to quell a disturbance. Moreover, the ImmD has been working with different law enforcement agencies to combat illegal transnational migration, with the focus on investigation into document fraud, in order to prevent anyone from entering Hong Kong or travelling to other countries or territories via Hong Kong with forged travel documents. The ImmD’s Anti-Illegal Migration Agency conducted a total of 30 438 operations against forgery activities, including joint operations with overseas and local law enforcement agencies against illegal transnational migration. A total of 23 693 passengers were intercepted for enquiries. (B) Handling non-refoulement claims (1) Combating illegal entry of non-ethnic Chinese      The ImmD has commenced dedicated operations with Mainland and local law enforcement agencies since 2016 in order to take sustained enforcement action against illegal immigration activities of non-ethnic Chinese. While a sharp increase in the number of non-ethnic Chinese illegal immigrants intercepted in the second half of 2023 was once noted, the situation has improved significantly following the strengthened enforcement actions through concerted efforts of enforcement agencies. The number of interceptions plummeted by 84 per cent from the peak of 364 in October 2023 to a monthly average of 57 in 2024. The ImmD will continue to step up intelligence exchanges with enforcement agencies on the Mainland and in Macao to further combat illegal immigration precisely. (2) Advance Passenger Information System      To meet the aviation security requirements of the Convention on International Civil Aviation and to align Hong Kong with other aviation hubs worldwide, as well as to enable the ImmD to further enhance its clearance and enforcement capabilities to prevent undesirables, including potential non-refoulement claimants, from boarding flights heading to Hong Kong, the ImmD implemented the Advance Passenger Information (API) System on September 3, 2024, requiring airlines to transmit advance information to the ImmD about flights and passengers heading to Hong Kong through the API System when checking in travellers, and act upon the direction given through the system to allow or not allow specific travellers to board the aircraft heading to Hong Kong. To allow sufficient time for over 100 airlines to connect to the API System and to ensure that the system will run in a smooth and orderly manner, the rollout will be carried out in phases. A transitional period of around 12 months will also be provided. The offences and defences, and the miscellaneous provisions relating to the API System under Cap. 115Q, Laws of Hong Kong will come into effect after the transitional period, namely starting from September 1, 2025. (3) Stepping up the screening process      The ImmD continued to speed up the screening of non-refoulement claims with flexible staff deployment and optimised workflow. In 2024, the ImmD determined over 2 700 non-refoulement claims. As at the end of last year, there were about 850 claims pending screening by the ImmD. Under the unified screening mechanism, over 95 per cent of the claimants rejected by the ImmD lodged appeals against the decisions. As at the end of 2024, there were about 750 claimants who had lodged appeals pending decision by the Torture Claims Appeal Board/Non-refoulement Claims Petition Office. (4) Better management of detainees      To enhance security and management efficiency, the CIC is pressing ahead with a number of enhancement projects, including overhauling the CCTV surveillance system; launching an RFID (radio frequency Identification) Equipment Management System; and installing a Contactless Vital Sign Monitoring System to remotely monitor the vital signs of detainees. The CIC has also deployed small unmanned aircraft to carry out patrol duties from time to time to eliminate potential security threats. In addition to the CIC, the HKSAR Government included the Tai Tam Gap Correctional Institution and the Nei Kwu Correctional Institution (NKCI) as places of detention of the ImmD in 2021 and 2023 respectively, thereby increasing the number of detention places for detaining non-refoulement claimants to three. When the in-situ expansion of the NKCI is completed in 2025, the overall detention capacity of the three detention places will increase to 940. (5) Enhancing efficiency of removing unsubstantiated claimants      The ImmD has been committed to promptly removing unsubstantiated non-refoulement claimants from Hong Kong. In 2024, the ImmD removed 2 219 unsubstantiated claimants from Hong Kong, representing a rise of 24 per cent when compared with that in 2023. Under the updated removal policy effective from December 7, 2022, the ImmD may generally proceed with the removal of an unsubstantiated claimant whose judicial review case has been dismissed by the Court of First Instance of the High Court, thereby enhancing the efficiency of and efforts in removing unsubstantiated claimants. Since the implementation of the policy till the end of 2024, the ImmD removed a total of 4 070 unsubstantiated claimants from Hong Kong, including 314 claimants who were removed under the updated removal policy.      Nurturing young people and strengthening patriotic teams (A) Hong Kong will prosper when its young people thrive (1) Immigration Department Youth Leaders Corps      The ImmD formed the Immigration Department Youth Leaders Corps (IDYL) to provide systematic and regular disciplinary and leadership training for members by sending dedicated training officers to secondary schools with the aim of nurturing them to become pillars of society who love the country and Hong Kong. There is also a post-secondary student team, IDYL Plus, members of which have already been admitted to post-secondary institutes. They will be the experienced leaders to pass the values of the IDYL and their personal experiences to younger members. To celebrate the 75th anniversary of the founding of the People’s Republic of China, the IDYL organised a Shanghai summer exchange tour in July for 75 members to learn about the history of the motherland and have an in-depth exchange of ideas with local young people. As at the end of 2024, a total of over 950 students participated in the IDYL. (2) Immigration Department Youth Ambassador Programme      The ImmD launched the Immigration Department Youth Ambassador Programme in November 2023 and used the Immigration Divisions of the Mainland Offices of the HKSAR Government (Mainland Offices) as bases to recruit young people from Hong Kong who are studying and living in various provinces on the Mainland as Youth Ambassadors. Since the launch of the Programme, the ImmD has appointed 32 Youth Ambassadors in Beijing, Guangzhou, Shanghai and Wuhan. The appointed Youth Ambassadors will have diverse learning opportunities provided by the ImmD during the one-year term and collaborate with the Mainland Offices in disseminating the latest information and in briefing the public on the business scope of the department. The ImmD expects that the Programme will broaden the Youth Ambassadors’ horizons and lay solid groundwork for their different future positions in society. (B) Staff training and continuous development (1) Recruitment of service members      The ImmD launched a new round of in-service appointments and open recruitment of Immigration Officers in May 2024, while the open recruitment of Immigration Assistants continued to be all year round. During the recruitment exercises in 2024, the department recruited about 100 Immigration Officers and 210 Immigration Assistants. (2) National studies     In 2024, a total of 366 members of the Immigration Service were arranged to attend training courses in various Mainland institutes, including the National Academy of Governance, the First Standing Force of the Exit and Entry Administration of the People’s Republic of China, the China Foreign Affairs University, and the China People’s Police University. Moreover, in order to reinforce the concept of national security among newly recruited Immigration Officers, deepen their understanding of the history and development of the motherland as well as enhance their knowledge of the country’s immigration regime, with the staunch support of the Ministry of Public Security and the China People’s Police University, the ImmD has arranged 200 Immigration Officer trainees to participate in the National Affairs and Immigration Control Training Course for Immigration Officer Trainees at the China People’s Police University (Guangzhou) since October 2023. The ImmD will actively co-ordinate with relevant Mainland authorities so that newly recruited Immigration Assistants can also receive training in the Mainland.      Vision for 2025      Utilising technologies to enhance service standards (A) New milestone of e-Channel service      Since the launch of the first e-Channel at the Lo Wu Control Point in December 2004, the total number of users of e-Channels has exceeded 2 billion. Over the past two decades, the ImmD has been striving for innovation in enhancing the clearance efficiency of e-Channels and expanding the service target group in order to provide immigration services of the highest quality to members of the public and visitors. To further enhance service quality, the ImmD has set two key directions for the future development of e-Channels, namely “simplicity” and “efficiency”. While ensuring information security, the ImmD will introduce more innovative technologies for e-Channel users to perform immigration clearance in a more convenient and faster manner. (1) Extension of applicable age of e-Channel service      At present, Hong Kong permanent residents aged 11 or above holding a smart identity card can use e-Channels for self-service immigration clearance. To enhance clearance efficiency, the ImmD will adjust the applicable age of the e-Channel service for Hong Kong permanent residents from the first quarter of 2025 onwards so that children aged 7 or above holding a valid HKSAR passport and a Hong Kong permanent identity card can undergo self-service immigration clearance with a smart identity card using facial recognition technology at e-Channels. The implementation date will be announced later. (2) Introduction of new e-Channel      The ImmD plans to introduce the new e-Channel at the Arrival Hall of HKIA in the third quarter of 2025, which will enable eligible Hong Kong residents to experience hassle-free self-service immigration clearance through verification of identity by facial recognition technology at the new e-Channel upon arrival without prior enrolment or presenting travel documents or QR codes. (3) Innovative proposal for the application of technologies in handling immigration clearance for private cars      The ImmD and the Hong Kong Applied Science and Technology Research Institute (ASTRI) signed a Memorandum of Understanding in April 2024 to explore an innovative proposal for the application of technologies in four areas, i.e. Innovative Immigration Control Operation, Biometric Identification and Authentication, Artificial Intelligence Assisted Immigration Application and Collaborative Robotics Technology. Currently, the ImmD is making substantial efforts in a collaborative project relating to the Innovative Immigration Control Operation with ASTRI, actively researching whether a technology solution underpinned by facial recognition technology can be used to handle immigration clearance of private car passengers, with a view to further enhancing passenger clearance experience. (B) Upgrading infrastructure of boundary control points (1) Redevelopment of Huanggang Port      To tie in with the Guangdong-Hong Kong-Macao Greater Bay Area development blueprint and enable smooth and efficient people and cargo flows within the area, the HKSAR Government has been forging ahead with a series of measures to further enhance the capacity of control points and the clearance efficiency, with the redevelopment of the Huanggang Port as one of the key projects. The new Huanggang Port will implement the “co-location arrangement” and adopt a new clearance mode of “collaborative inspection and joint clearance”, making it the first boundary control point between Guangdong Province and the HKSAR adopting such a clearance mode. Currently, Hong Kong and Shenzhen are taking forward the construction works of the new Huanggang Port building and specific immigration clearance arrangements. The target is to strive for basic completion of the new Huanggang Port building by the end of 2025. The ImmD will continue to maintain close liaison with the authorities of both Hong Kong and the Mainland, and proactively implement all relevant preparatory work. (2) Airport Terminal 2      With the full commissioning of the Three-Runway System (3RS) of HKIA in 2024, the capacity of HKIA will be substantially enhanced. Terminal 2 (T2) under the 3RS project is undergoing expansion. Upon completion, it will provide full-fledged terminal services with additional immigration facilities, which include a total of 137 immigration clearance counters and 60 e-Channels. T2 will be opened in phases based on passenger traffic demand. The ImmD will maintain close ties with the Airport Authority Hong Kong and other relevant HKSAR government departments to ensure the smooth commissioning and running of T2. (C) Providing immigration facilitation to the 15th National Games      The ImmD fully supports the 15th National Games, and the 12th National Games for Persons with Disabilities and the 9th National Special Olympic Games to be held in 2025, whereby special immigration lanes will be provided in the closed areas of designated control points on Hong Kong side to provide faster and more convenient clearance services for athletes from the Mainland and Macao and their accompanying staff. (D) Commencement of study of Fourth Information Systems Strategy (ISS-4)      To further work in tandem with the HKSAR Government’s smart city initiative and proactively seize the opportunities of innovative technology and artificial intelligence technology, the ImmD has appointed a consultant in August 2024 to conduct a new round of reviews on information systems and formulate the ISS-4 as the department’s long-term information technology development blueprint. The research for the ISS-4 is expected to be completed in the second quarter of 2025. (E) Enhancing various measures for attracting talent      The ImmD will continue to fully support the HKSAR Government’s measures for attracting and retaining talent. A new channel will be introduced under the General Employment Policy and the Admission Scheme for Mainland Talents and Professionals in 2025 to allow young and experienced non-degree talent with relevant professional and technical qualifications to apply for entry into Hong Kong to join the skilled trades facing acute manpower shortage. There will be a quota under such an arrangement. Moreover, a new mechanism will be introduced under the QMAS in 2025 to proactively invite top-notch and leading talent to come to Hong Kong for development, promoting Hong Kong as the focal point of international high-calibre talent.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Hydrogen economy development enters critical phase, says GlobalData

    Source: GlobalData

    Hydrogen economy development enters critical phase, says GlobalData

    Posted in Oil & Gas

    The hydrogen economy has recently experienced some hiccups in its growth story. Apparently, demand for this commodity is not rising at the pace it was envisaged back in 2020 when companies had aggressively announced their energy transition plans. As more industries, such as steel, transportation, and power, try to decarbonize their operations, the demand for low-carbon hydrogen is expected to grow. Nevertheless, the hydrogen economy is currently in its critical phase of its development, says GlobalData, a leading data and analytics company.

    GlobalData’s thematic report, “Hydrogen,” reveals that about 83% of the low carbon hydrogen capacity coming online by 2030, is expected to come from green hydrogen plants, while the remainder is from blue hydrogen. Purple and turquoise hydrogen capacities are anticipated to be miniscule. Only about 2% of the total expected capacity by 2030 is currently operational.

    Ravindra Puranik, Oil and Gas Analyst at GlobalData, comments: “Low-carbon hydrogen is set to occupy a crucial role in the decarbonization efforts of several energy-intensive industry verticals. As hydrogen is an essential feedstock in downstream oil and gas processes, switching to low-carbon hydrogen would help companies reduce their emissions footprint. It also has massive potential in the transportation sector, especially in marine and heavy vehicle applications, due to its energy density properties.”

    Conventionally, hydrogen has been consumed in the oil and gas industry as a reagent in the refining sector and as a feedstock in the petrochemical sector. The demand from the oil and gas industry will remain the dominant driver for hydrogen in the foreseeable future. Additional demand for this commodity is expected to emerge from industries such as metallurgy, power generation, and transportation.

    Puranik continues: “There has been a significant jump in low-carbon hydrogen project announcements in the last few years as industries unveiled plans to decarbonize their operations. Nearly 75% of these projects are in the feasibility stage of development. This reflects the momentum in new plant announcements within this market to reap from the global energy transition.”

    Blue and green hydrogen production offers particularly promising growth potential for oil and gas companies pursuing energy transition. Companies are investing in this energy source for their long-term goals, with a preference for green hydrogen.

    Puranik concludes: “Several oil and gas companies have announced new blue and green hydrogen plants, which are expected to be operational by 2030. Nevertheless, there is a need for the hydrogen distribution network to expand at scale, which includes the addition of new pipelines. The current scenario signals a critical phase for the development of the global hydrogen economy. Its fate and momentum in the coming years will be decided by how things pan out in the near future.”

    MIL OSI Economics

  • MIL-OSI United Kingdom: Solar Together returns – residents can boost renewable energy generation, cut carbon emissions and save on bills with solar panel initiative

    Source: St Albans City and District

    Publication date:

    Residents of Hertfordshire are coming together to invest in renewable energy sources through a group-buying scheme for solar panels and battery storage.

    Solar Together helps homeowners feel confident they are paying the right price for a high-quality installation from qualified installers.

    Residents, including those from St Albans District, can join the group-buying scheme which offers solar panels with optional battery storage and EV charge points.

    There is also an option to acquire retrofit battery storage for residents who have already invested in solar panels and are looking to get more from the renewable energy they generate. 

    The scheme allows homeowners to increase their independence from the national grid. 

    It is free to register here from Monday 27 January and there is no obligation to go ahead with an installation.

    St Albans City and District Council (SADC) is working in partnership with Hertfordshire County Council and  iChoosr, experts in sustainable energy transition, to make the move to clean energy as cost-effective and hassle-free as possible. 

    Councillor Raj Visram, SADC’s Lead for Climate, said:

    One of our priorities as a Council is to tackle the climate emergency and encourage the District to become net zero by 2030.

    Our involvement with the Solar Together scheme is one of the many actions we are taking to achieve these goals.

    The feedback we have received from residents who have taken advantage of the offer in previous years has been highly positive. Residents in St Albans District have been among the most enthusiastic in the county.

    I urge any interested householder who has yet to make a Solar Together enquiry, to do so now. They can potentially cut harmful emissions and save money on their energy bills at the same time.

    SADC and other Councils enable the scheme and do not benefit financially in any way. 

    Solar Together, which has already proven to be a hit across the county, operates like this:

    1. Householders can register online to become part of the group for free and without obligation. 

    2. Approved UK solar PV suppliers participate in a reverse auction. They are able to offer competitive pricing as the volume and geographic concentration makes it possible for them to realise greater efficiencies, which they pass on with lower prices for installations. 

    3. After the auction, registered households will be emailed a personal recommendation which is specific to the details they submitted in their registration. 

    4. If they choose to accept their recommendation, the specifics of their installation will be confirmed with a technical survey after which a date can be set for the installation of their solar PV system. 

    5. Telephone and email help desks are on-hand throughout the whole process which, together with information sessions, will allow households to make an informed decision in a safe and hassle-free environment. 

    Marie-Louise Abretti, Solar Together UK Business Manager, said:

    With energy prices continuing to fluctuate, residents of Hertfordshire are looking for opportunities to reduce their carbon emissions, save on energy bills, and increase their independence from the grid. 

    The Solar Together group-buying scheme offers a straightforward way to make an informed decision and to access a competitive offer from a trusted, vetted provider.

    iChoosr has been collaborating with UK councils since 2015 on its Solar Together scheme, aiming to accelerate the energy transition nationwide. The initiative aims to encourage residents to partake in the collective purchase of solar PV and battery storage systems.

    To date, Solar Together has installed over 16,480 solar panels in Hertfordshire, reducing carbon emissions by 31,180 tonnes over 25 years – equivalent to 17,000 cars off the road in that time.

    iChoosr’s schemes have been delivered in partnership with local authorities in five countries. More than 200 schemes have led to 185,000 residents installing solar PV systems. 

    Media contact:  John McJannet, Principal Communications Officer: 01727- 819533; john.mcjannet@stalbans.gov.uk.
     
    About Solar Together

    The Solar Together scheme, delivered by iChoosr, is a group-buying initiative that enables households and businesses to purchase solar panels at a competitive price. By teaming up with local authorities, the scheme is able to leverage the collective buying power of residents to negotiate better rates from trusted solar panel providers. This not only helps to make solar energy more accessible and affordable but also supports the UK’s goal of achieving net-zero emissions by 2050. Solar Together is currently responsible for 10% of MCS-certified (Microgeneration Certification Scheme) solar panel installations in England – the independent certification scheme that certifies microgeneration (renewable energy) products and installers.

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: Severe case of influenza A infection in unvaccinated infant reported

    Source: Hong Kong Government special administrative region

    Severe case of influenza A infection in unvaccinated infant reported
    Severe case of influenza A infection in unvaccinated infant reported
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         The Centre for Health Protection (CHP) of the Department of Health today (January 27) received a report of a case of severe paediatric influenza A infection in a baby girl who had not yet received the seasonal influenza vaccination (SIV). She is still hospitalised and in serious condition. The CHP urged the public who have not yet received the SIV to act immediately to minimise the risk of serious complications and death after infection.                “The 10 month-old girl with good past health developed a fever, cough and seizure since January 23. She attended the Accident and Emergency Department of United Christian Hospital on the same day and was admitted to the paediatric intensive care unit immediately. Her nasopharyngeal swab specimen tested positive for the influenza A (H1) virus upon laboratory testing. The clinical diagnosis was influenza A infection complicated with encephalitis,” a spokesman for the CHP said.     The girl had no travel history during the incubation period. One of her household contacts had upper respiratory symptoms prior to her disease onset. An initial investigation revealed that she did not receive 2024/25 SIV. The CHP reiterated its call to the parents to bring their children to receive an SIV as soon as possible.                “Including the above-mentioned baby girl, the CHP has recorded five cases of severe influenza virus infection in children since the start of this influenza season in early January, four of whom were unvaccinated. Influenza vaccination has been scientifically proven to be one of the most effective ways to prevent seasonal influenza and its complications, while significantly reducing the risk of hospitalisation and death from seasonal influenza. All persons aged 6 months and above (except those with known contraindications) who have not yet received SIV should act immediately, particularly the elderly and children who have a higher risk of becoming infected with influenza and developing complications,” the spokesman said.                The spokesman reminded the public that Hong Kong has entered the influenza season. The seasonal influenza activity is expected to increase further while the activity of other respiratory infectious diseases may also increase. To protect their health and that of their family members, the public should not only receive the SIV, but also maintain good personal and environmental hygiene, and take the following measures to prevent contacting influenza and other respiratory illnesses: 

    Patients can wear surgical masks to prevent transmission of respiratory viruses. Therefore, it is essential for persons who are symptomatic (even if having mild symptoms) to wear a surgical mask;
    High-risk persons (e.g. persons with underlying medical conditions or persons who are immunocompromised) should wear surgical masks when visiting public places. The general public should also wear a surgical mask when taking public transport or staying in crowded places. It is important to wear a mask properly, including performing hand hygiene before wearing and after removing a mask;
    Avoid touching one’s eyes, mouth and nose;
    Wash hands with liquid soap and water properly whenever possibly contaminated;
    When hands are not visibly soiled, clean them with 70 to 80 per cent alcohol-based handrub;
    Cover the mouth and nose with tissue paper when sneezing or coughing. Dispose of soiled tissue paper properly into a lidded rubbish bin, and wash hands thoroughly afterwards;
    Maintain good indoor ventilation;
    When having respiratory symptoms, wear a surgical mask, consider refraining from going to work or school, avoid going to crowded places and seek medical advice promptly; and
    Maintain a balanced diet, perform physical activity regularly, take adequate rest, do not smoke and avoid overstress.

         For the latest information, members of the public can visit the CHP’s seasonal influenza and COVID-19 & Flu Express webpages. 

     
    Ends/Monday, January 27, 2025Issued at HKT 19:27

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: ORO reports incident involving loss of backup tapes

    Source: Hong Kong Government special administrative region

    ORO reports incident involving loss of backup tapes
    ORO reports incident involving loss of backup tapes
    ***************************************************

         A spokesman for the Official Receiver’s Office (ORO) said today (January 27) that the department attaches the utmost importance to an incident involving the loss of magnetic backup tapes and expresses sincere apologies.      The ORO received a report on January 22, and confirmed upon investigation that seven magnetic backup tapes were lost during their transit from Immigration Tower to Queensway Government Offices by ORO staff on December 23, 2024, in the ordinary course of transfer, to comply with the disaster recovery backup procedures. The incident has been reported to the relevant authorities including the Hong Kong Police Force, the Office of the Privacy Commissioner for Personal Data, the Security Bureau and the Digital Policy Office (DPO).      As the magnetic backup tapes are stored in a locked protective case and the data therein is encrypted with AES-256 encryption which is a highly secure encryption algorithm used extensively in government and military applications, as well as by business operating in highly regulated industries. Having consulted the DPO, the ORO considers that the risk of leakage of personal data from the tapes is extremely low. Based on the current investigation, there is no evidence that the data contained on the tapes has been read or compromised. The tapes contained personal data of about 76 000 individuals, including creditors of insolvency cases and serving staff of the ORO. The ORO is sending notifications to the relevant individuals by batch.                     The ORO is extremely concerned about the incident and has taken immediate action to review all transit procedures and data protection practices, and has refined the procedures with immediate effect. The ORO is also conducting a thorough investigation into the staff concerned and details of the incident, including the delay in reporting the loss to senior management. Appropriate disciplinary actions will be taken.      The ORO attaches great importance to safeguarding government property and personal privacy and has reminded staff to comply with the departmental guidelines and exercise due care in handling personal data. The ORO will also review all guidelines on data security and examine the adoption of safer and more effective backup methods and procedures.      The ORO expresses sincere apologies for the loss and for the delay in reporting the incident. For enquiries, please call the ORO at 2867 2448 or email to oroadmin@oro.gov.hk.

     
    Ends/Monday, January 27, 2025Issued at HKT 19:30

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    MIL OSI Asia Pacific News

  • MIL-OSI Security: Criminals operating an illegal financial service to launder millions of euros busted

    Source: Eurojust

    Investigations into the group began in 2023 when border police in Spain noticed suspicious trips from their airports transporting large sums of money. The trips to Cyprus by members of the criminal group were used to deliver criminal profits, which were then laundered. Authorities stopped the criminals from travelling and seized more than EUR 1.8 million.

    The authorities discovered that the group was running a sophisticated money laundering service for other criminal organisations. The group acted as a financial service to transfer criminal profits internationally. Cryptocurrencies were used to move cash profits between criminal organisations. To dispose of the cash profits, money was transported on commercial flights, mainly to Cyprus, and by public transport to neighbouring countries of Spain. The group was able to carry out four to six money laundering transactions per week. 

    Running this financial service required a professionally structured organisation consisting of at least 52 members, operating mostly from Spain and Cyprus. The group worked with contacts outside of their organisation to liaise with clients and receive the cash to be laundered. Their contacts are linked to several commercial companies around the world. 

    As the financial service was used throughout Europe, authorities had to work together to stop the criminal group. An international investigation was launched by setting up a joint investigation team (JIT) at Eurojust between Spanish, Cypriot and German authorities, Eurojust and Europol. Through the JIT, information from tax and judicial authorities was exchanged that led to the takedown of the criminal group. Europol supported this international operation with experts specialised in financial crime, fighting high-risk criminal networks, unravelling money laundering structures, and tracing cryptocurrency flows.

    A series of actions were carried out to stop the financial service. In October 2024, actions were carried out in Spain, France and Cyprus to dismantle the criminal group. This was followed by actions in November 2024 that targeted actors working with the criminal group. A total of 91 searches were carried out, 77 in Spain, 1 in France and 13 in Cyprus. Twenty suspects were arrested in Spain, one in France and two in Slovenia. Authorities seized a total of EUR 8 million in cash, 2 million in bank accounts and froze EUR 27 million in cryptocurrency. Investigations into the group and its financial service continue.

    The following authorities were involved in the actions:

    • Spain: Investigating Judge no 2 of El Prat de Llobregat; Public Prosecution Office of Barcelona; Guardia Civil Special Central Unit 3, Destabilizing Threat Group-UCO
    • Cyprus: Attorney General’s Office; MOKAS (Unit for Combating Money Laundering); Criminal Investigation Department (CID) (in collaboration with other police departments)
    • Germany: Public Prosecutor’s Office, Landshut; Customs Investigation Office, München
    • France: Judicial Court of Marseille, Interregional Specialised Jurisdiction against organised crime (JIRS) ; National Anti-Fraud Office (ONAF), Marseille/Nice. 

    MIL Security OSI

  • MIL-OSI United Kingdom: A catalogue of errors

    Source: United Kingdom – Executive Government & Departments

    The case of K & B Haulage Limited, recently heard by the Traffic Commissioner for the West of England, Kevin Rooney, has revealed a series of serious compliance failures affecting the company’s restricted goods vehicle operator’s licence.

    The licence itself had already been downgraded from standard international.

    The public inquiry uncovered severe and persistent compliance failings, jeopardising road safety and undermining fair competition.

    The commissioner’s findings included tax and MOT violations, where multiple vehicles were operated without valid tax or MOTs for extended periods and maintenance shortcomings with infrequent safety inspections – with some vehicles operating in dangerous conditions, including one driven with three bald tyres after being declared unroadworthy. Driver hours were mismanaged, and tachograph downloads were delayed by up to 237 days, with drivers failing to record required manual entries.

    On top of this, a there was a lack of oversight from former transport manager Richard Simcox who failed to fulfil basic compliance duties, contributing to widespread operational failings and a culture of non-compliance.

    The operator also engaged in subcontracting work to a company without the required operator’s licence, violating legal requirements, and Mr. Gettings admitted to lying during a DVSA investigation and failed to cooperate with vehicle inspections.

    Commissioner Rooney said “The compliance shortcomings alone with vehicles untaxed, untested and un-inspected, the lack of any drivers’ hours management or working time, mean that this is not a business I can have any confidence will be compliant in the future. The operation has been so dangerous that it must come to an end… The shortcomings I have found reflect a recklessness on the part of the operator, and a recklessness that is shown still to persist by the actions in October. Road safety has been compromised and the use of a Ltd Company driver is unfair competition.”

    The commissioner determined that K & B Haulage Limited was no longer fit to hold an operator’s licence. The company’s licence has been revoked, and its director, Kyle Gettings, has been disqualified as an operator for a period of two years. Transport manager Richard Simcox has also lost his good repute and been disqualified for an extended period.

    More details can be found here.

    For any further details or enquiries, please contact: pressoffice@otc.gov.uk

    Updates to this page

    Published 27 January 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Change of His Majesty’s Ambassador to the Republic of Costa Rica and to the Republic of Nicaragua: Edward Roberts

    Source: United Kingdom – Executive Government & Departments 3

    Mr Edward Roberts has been appointed His Majesty’s Ambassador to the Republic of Costa Rica, and His Majesty’s non-resident Ambassador to the Republic of Nicaragua, in succession to Mr Ben Lyster-Binns.

    Mr Edward Roberts has been appointed His Majesty’s Ambassador to the Republic of Costa Rica, and His Majesty’s non-resident Ambassador to the Republic of Nicaragua, in succession to Mr Ben Lyster-Binns, who will be transferring to another Diplomatic Service appointment.

    Mr Roberts will take up his appointment during autumn 2025.

    Curriculum vitae

    Full name: Edward John Roberts

    Year Role
    2025 Pre-posting training (including Spanish language training)
    2023 to 2024 FCDO, Europe Group, Directorate Flexible Resource
    2022 to 2023 College of Europe, Bruges, MA in EU International Relations and Diplomacy Studies
    2019 to 2022 Kathmandu, Deputy Ambassador
    2017 to 2019 Department for Exiting the European Union, Policy Manager, Security Partnership
    2016 to 2017 Cabinet Office, Senior Policy Adviser, Migration and EU Asylum Cooperation
    2013 to 2016 Kinshasa, Consul and Second Secretary Political and Prosperity
    2011 to 2013 FCO, Desk Officer, EU Institutions and Treaty Change Bill
    2010 to 2011 European Commission, Brussels, DG AIDCO, Seconded National Expert, Human Development and Migration
    2009 to 2010 Department for Education, Policy Officer, Early Years Improvement Support
    2008 to 2009 Brussels, European Commission, DG AIDCO, Stagiaire, Human Development and Migration
    2007 to 2008 Department for Education, Policy Officer, Education and Skills Bill
    2006 to 2007 Department for Education, Policy Officer, Strategy for Learners with Learning Difficulties
    2006 Joined the Civil Service Fast Stream

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 24 January 2025

    MIL OSI United Kingdom

  • MIL-OSI: Embrace Change Acquisition Corp. Announces Entering into a Definitive Merger Agreement with Tianji

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Jan. 27, 2025 (GLOBE NEWSWIRE) — Embrace Change Acquisition Corp. (“Embrace Change”) (NASDAQ: EMCG, EMCGU, EMCGR), a publicly traded special purpose acquisition company, and Tianji Tire Global (Cayman) Limited (“Tianji,” or the “Company”), a leading tire manufacturer with operations mainly conducted by its subsidiaries based in mainland China, today announced that they have entered into a definitive merger agreement (the “Merger Agreement”) that will result in Tianji becoming a publicly listed company upon the closing of the transaction contemplated there in (the “Proposed Transaction”) on January 26, 2025. Upon closing, the combined company will be renamed “Tianji Tire Global Group (Cayman) Limited” (the “Combined Company”) and expects to list its Class A ordinary shares on Nasdaq.

    Tianji is a leading tire manufacturer with operations mainly conducted by its subsidiaries based in mainland China, specializing in the design, research and development, production and sales of tires, with a primary focus on all-steel, tubeless radial tires for medium- and short-distance transportation.

    Key Transaction Terms

    As provided in the Merger Agreement, the merger consideration is $450 million, payable by newly-issued securities of the Combined Company valued at $10.00 per share.

    Cash proceeds raised will consist of Embrace Change’s approximately $26 million in trust (assuming no redemptions by Embrace Change’s existing public shareholders) which is anticipated to support the Company’s growth capital needs and to be used for general working capital purposes. After the closing, Tianji shareholders are expected to retain a majority of the outstanding shares of the Combined Company and Tianji will designate a majority of proposed directors for the Combined Company’s board.

    The Tianji management team, led by its CEO Hailong Cheng, will continue to run the Combined Company after the closing of the Proposed Transaction.

    The boards of directors of Tianji, Embrace Change and Embrace Change’s two merger subsidiaries have unanimously approved the Proposed Transaction, which is expected to be completed in mid–2025, subject to, among other things, approval by Embrace Change’ and Tianji’ shareholders, and satisfaction (or waiver, as applicable) of the conditions provided in the Merger Agreement, including regulatory approvals and other customary closing conditions, including a registration statement in connection with the Proposed Transaction being declared effective by the U.S. Securities and Exchange Commission (the “SEC”).

    Additional information about the Proposed Transaction, including a copy of the Merger Agreement, will be provided in a Current Report on Form 8-K to be filed by Embrace Change with the SEC and available at www.sec.gov. Additional information about the Proposed Transaction will be described in the Registration Statement, which Embrace Change and/or its subsidiary will file with the SEC.

    Advisors

    Loeb & Loeb LLP, Ogier (Cayman) LLP and Beijing Dacheng Law Offices, LLP are serving as legal advisor to Embrace Change. Han Kun Law Offices LLP and Harney Westwood & Riegels are serving as legal advisor to Tianji.

    About Tianji

    Tianji is a leading tire manufacturer with operations mainly conducted by its subsidiaries based in mainland China, specializing in the design, research and development, production and sales of tires, with a primary focus on all-steel, tubeless radial tires for medium- and short-distance transportation. The Company’s collection of tires is curated under six renowned brands, namely the premium brand SEMES, the mid- to high-end brand Tianxin, the mass-market brands Lunaite, Aoben and GFT Rider, as well as the brand Kuangshan Jiuhao designed specifically for mining transportation. Each of these brands stands out in quality and technical performance characteristics with distinctive features and precise identities.

    Founded in 2020, Tianji has successfully established an extensive presence in China, and is continuing to expand its footprint nationwide to reach more potential customers.

    About Embrace Change Acquisition Corp.

    Embrace Change Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

    Additional Information and Where to Find It

    In connection with the Proposed Transaction, Embrace Change and/or its subsidiary will file with the SEC a Registration Statement on Form F-4 (as amended, the “Registration Statement”), which will include a proxy statement/prospectus. After the Registration Statement is declared effective, Embrace Change will send the proxy statement/prospectus and other relevant documents to its shareholders. This press release is not a substitute for the proxy statement/prospectus. INVESTORS AND SECURITY HOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT HAVE BEEN FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TIANJI, EMBRACE CHANGE, THE PROPOSED TRANSACTION AND RELATED MATTERS. The Registration Statement and any other relevant filed documents (when they are available) can be obtained free of charge from the SEC’s website at www.sec.gov. These documents (when they are available) can also be obtained free of charge from Embrace Change at https://www.Embrace Change.com/insights or upon written request at Embrace Change Acquisition Corp., 5186 CARROLL CANYON RD, SAN DIEGO, CA, 92121.

    Forward-Looking Statements

    This press release contains certain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended. Statements that are not historical facts, including statements about the pending transactions described herein, and the parties’ perspectives and expectations, are forward-looking statements. Such statements include, but are not limited to, statements regarding the proposed transaction, including the anticipated initial enterprise value and post-closing equity value, the benefits of the proposed transaction, integration plans, expected synergies and revenue opportunities, anticipated future financial and operating performance and results, including estimates for growth, the expected management and governance of the combined company, and the expected timing of the transactions. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated.

    Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood of completion of the pending business combination, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived, such as regulatory approvals not being obtained, on a timely basis or otherwise, or that a governmental entity prohibited, delayed or refused to grant approval for the consummation of the transaction or required certain conditions, limitations or restrictions in connection with such approvals; (ii) risks related to the ability of Embrace Change and the Company to successfully integrate the businesses; (iii) the occurrence of any event, change or other circumstances that could give rise to the termination of the applicable transaction agreements; (iv) the risk that there may be a material adverse change with respect to the financial position, performance, operations or prospects of the Company or Embrace Change; (v) risks related to disruption of management time from ongoing business operations due to the Proposed Transaction; (vi) the risk that any announcements relating to the Proposed Transaction could have adverse effects on the market price of Embrace Change’s securities; (vii) the risk that the Proposed Transaction and its announcement could have an adverse effect on the ability of the Company to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; (viii) the Company’s estimates of expenses and profitability; and (ix) risks relating to the Combined Company’s ability to enhance its services and products, execute its business strategy, expand its customer base and maintain stable relationship with its business partners.

    A further list and description of risks and uncertainties can be found in the Prospectus filed on August 9, 2022 relating Embrace Change’s initial public offering and in the Registration Statement and proxy statement that will be filed with the SEC by Embrace Change and/or its subsidiary in connection with the proposed transactions, and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and Embrace Change, the Company and their subsidiaries undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

    No Offer or Solicitation

    This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the transactions described above and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Embrace Change or the Company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

    Participants in the Solicitation

    Embrace Change and the Company, and certain shareholders of Embrace Change, and their respective directors, executive officers and employees and other persons may be deemed to be participants in the solicitation of proxies from the holders of Embrace Change ordinary shares in respect of the proposed transaction. Information about Embrace Change’s directors and executive officers and their ownership of Embrace Change ordinary shares is set forth in the Prospectus filed on August 9, 2022 and filed with the SEC as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of that filing. Other information regarding the interests of the participants in the proxy solicitation will be included in the Registration Statement/proxy statement pertaining to the proposed transaction when it becomes available. These documents can be obtained free of charge from the sources indicated above.

    Tianji and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the stockholders of Embrace Change in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed business combination will be included in the Registration Statement/proxy statement pertaining to the proposed transaction when it becomes available for the proposed business combination.

    Contacts:

    Embrace Change Acquisition Corp.
    contact@embracechange.top

    Tianji Tire Global (Cayman) Limited
    Ray Jin
    ray966@msn.com 

    The MIL Network

  • MIL-OSI: MEXC’s Insurance Fund Account Provides $414M+ to Mitigate Traders’ Bankruptcy Losses

    Source: GlobeNewswire (MIL-OSI)

     

    VICTORIA, Seychelles, Jan. 27, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, has provided over $414 million through its Insurance Fund Account to cover deficits that occur when users’ losses during liquidation exceed their available margin as of January 23, 2025. This impressive figure underscores MEXC’s commitment to asset security and risk mitigation. Combined with Proof of Reserve, MEXC offers traders robust protection against extreme market fluctuations.

     

    How MEXC’s Insurance Fund Account Mitigates Risk for Traders
    The MEXC Insurance Fund Account, launched in November 2024, is specifically designed to protect traders from extreme market fluctuations, such as those experienced during a bull run, where rapid price swings can lead to a user’s account value to dip below the required margin level, triggering a liquidation. Should the liquidation price be worse than expected, resulting in losses that exceed than the available margin (a scenario known as bankruptcy), the Insurance Fund steps in to cover these excess losses, thus facilitating a smoother liquidation process.

    The fund is continually replenished by surpluses generated from liquidation orders executed at better-than-expected prices, ensuring its stability and ongoing protection during periods of high volatility.

    In line with its commitment to transparency, MEXC provides users with direct access to both current and historical insurance fund amounts for various cryptocurrencies on the platform.

    In addition, MEXC provides Proof of Reserve to ensure asset safety and maintain transparency for its users. This allows users to trade with confidence, free from concerns about withdrawal runs. The reserve rates are updated every two months. As of Dec 1, 2024, the latest reserve rates for various cryptocurrencies are as follows:

    • USDT: 104.52%
    • USDC: 116.52%
    • BTC: 105.88%
    • ETH: 105.65%

     

    By offering high leverage alongside an Insurance Fund Account and Reserve Rate exceeding 100%, MEXC ensures multiple layers of protection to safeguard traders’ positions and ensure asset security.

    The Go-To Platform for Seamless Crypto Trading
    In addition to implementing robust safety measures to ensure a secure trading environment, the platform offers a variety of features and services designed to enhance the user experience. These features help traders minimize costs and maximize returns. MEXC is committed to empowering traders by enabling investments across the widest range of assets, ensuring safe and seamless transactions regardless of market conditions.

    • M – Most Trending Tokens: MEXC is known for its rapid token listings and diverse selection of popular tokens, helping users capitalize on emerging opportunities. To date, over 3,000 tokens have been listed on the platform.
    • E – Everyday Airdrops: MEXC makes it easy for users to engage in daily airdrop events and receive substantial rewards without complex procedures. In 2024, the platform completed 2,293 airdrop events, distributing over $136 million in rewards.
    • X – Xtremely Low Fees: MEXC offers highly competitive trading fees, helping users reduce costs and maximize their growth potential.
    • C – Comprehensive Liquidity: Backed by strong liquidity and market depth, MEXC ensures the efficient and seamless execution of every transaction, minimizing slippage even during volatile conditions.

    These features have helped MEXC attract over 30 million users across over 170 countries, establishing it as the platform of choice for an increasing number of traders around the world.

    Learn more about the MEXC Insurance Fund Account.

    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

    Risk Disclaimer:
    The information provided in this article about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e38abd1a-038c-4b15-9bd1-930ea95076bd
    https://www.globenewswire.com/NewsRoom/AttachmentNg/7973d05e-acf0-4aee-95b0-a1fb0e6c4a71
    https://www.globenewswire.com/NewsRoom/AttachmentNg/78296b51-e6d1-48cd-a47f-a0fbd90dd493

    The MIL Network

  • MIL-OSI NGOs: Israel/OPT: Genocide ‘matter of law and evidence, not opinion’ and UK government must ensure accountability

    Source: Amnesty International –

    Marking the one-year anniversary since the International Court of Justice (ICJ) found plausible risk that Israel is committing genocide in Gaza (Sunday 26 January), Amnesty International said the UK government’s disregard for its legal obligations to prevent genocide had contributed to Israel’s impunity and risked British complicity in serious crimes against international law. 

    Amnesty is calling on the UK government to take urgent and meaningful steps to prevent Israel’s genocidal acts against Palestinians in Gaza, as it is obligated to do as a State Party to the Genocide Convention.   

    The landmark case at the ICJ was brought by South Africa and the court’s judges ordered provisional measures to protect Palestinians from further harm, however these were dismissed by Israel. Amnesty’s own analysis concluded that Israel is engaged in committing genocide in a comprehensive report published last year and it continues to do so. 

    Sacha Deshmukh, Amnesty International UK’s Chief Executive, said: 

    “The UK government should have taken heed of this extremely significant ICJ ruling the day it was announced. UK inaction and disregard for its international obligations to prevent genocide contributed to Israel’s impunity and risked British complicity in serious crimes against international law. 

    “The genocide against the Palestinian people is a matter of law and evidence, not opinion. Prime Minister Keir Starmer must accept the UK’s obligations to prevent Israel’s genocide against Palestinians in Gaza and help ensure there is justice and accountability. 

    “To avoid the risk of itself being complicit in genocide, the UK should have ended all arms transfers to Israel long ago and committed full support to the ICJ and other important international accountability mechanisms. The UK should take those steps urgently now. 

    “The staggering number of Palestinian civilians killed, the colossal scale of physical destruction, the blocking of life-saving aid before the ceasefire, and the stream of dehumanising and racist anti-Palestinian rhetoric from Israeli officials, provide the clear evidential basis for genocidal intent, as defined by law, in Israel’s actions in Gaza.  

    “The UK government must fulfil its duties to stop genocidal acts even when committed by an ally and show clearly that it is UK policy that Palestinian lives matter as much as any other human life.”

    Evidence of genocide 

    In December 2024, Amnesty’s International’s research found sufficient basis to conclude that Israel has committed – and is continuing to commit – genocide against Palestinians in the occupied Gaza Strip. 

    The 296-page report - ‘You Feel Like You Are Subhuman’: Israel’s Genocide Against Palestinians in Gaza - documents how, during its military offensive launched in the wake of the deadly Hamas-led attacks in southern Israel on 7 October 2023, Israel has unleashed hell and destruction on Palestinians in Gaza brazenly, continuously and with total impunity.  Amnesty examined Israel’s acts in Gaza closely and in their totality, taking into account their recurrence and simultaneous occurrence, and both their immediate impact and their cumulative and mutually-reinforcing consequences. Amnesty considered the scale and severity of the casualties and destruction over time, and also analysed public statements by officials – finding that prohibited acts were often announced or called for in the first place by high-level officials in charge of the war efforts. 

    As a state party to the Genocide Convention, the UK has a legal obligation to use all reasonable means to help prevent genocide and be consistent when supporting international law – just as it has done when calling out crimes carried out by Russian forces. 

                           

    MIL OSI NGO

  • MIL-OSI United Kingdom: Mayor reiterates vital importance of educating young people about the Holocaust in an age of fake news and unregulated social media

    Source: Mayor of London

    • With the proliferation of fake news and unregulated social media, the Mayor says that the work of organisations such as the Auschwitz-Birkenau Foundation, Holocaust Educational Trust and Holocaust Memorial Day Trust are more vital than ever
    • Mayor reiterates commitment to ensure young Londoners are educated about the Holocaust at a time of rising antisemitism and hate globally
    • The Holocaust reminds us what can happen when hatred is left unchecked and the Mayor is more determined than ever for London to stand united
    • Sadiq to attend a service held at Auschwitz-Birkenau State Museum and Memorial in Poland marking 80th anniversary of the liberation of Auschwitz-Birkenau concentration camp

    The Mayor of London, Sadiq Khan, has today urged Londoners to remember and learn from the horrors of the past to ensure they are never forgotten or repeated, as he warned that the proliferation of fake news and unregulated social media means that the work of organisations such as the Auschwitz-Birkenau Foundation, Holocaust Educational Trust and Holocaust Memorial Day Trust are more vital than ever.

    The Mayor is in Poland today (Monday 27 January) to commemorate the 80th anniversary of the Liberation of Auschwitz-Birkenau concentration camp.

    Sadiq has been invited to attend a service held at Auschwitz-Birkenau State Museum and Memorial, where he will join His Majesty the King, heads of state and political leaders from across the world alongside Holocaust survivors, their families and members of Jewish communities.

    Together, on International Holocaust Remembrance Day, they will remember the estimated 1.1 million people who were killed at Auschwitz and the millions more who were murdered by the Nazis. Around six million Polish people died in World War Two, one fifth of the pre-war population.

    With the alarming rise of antisemitism and hate across the globe, the Holocaust reminds us of what can happen when hatred is left unchecked. The Mayor has emphasised the vital importance of education and his commitment to supporting young Londoners to learn about the Holocaust and other genocides.

    Auschwitz-Birkenau plays a key role in educating Londoners and people around the world about the Holocaust. Last year, the site was visited 1.8 million times and around 300,000 people, including school children, visit each year from the UK.

    In 2020, the Mayor attended a commemorative event to mark the 75th anniversary of the liberation of Auschwitz-Birkenau concentration camp and London provided a £300,000 grant to the Auschwitz-Birkenau Foundation, helping its work to preserve the site and ensuring future generations of Londoners and visitors from around the world can learn for themselves the truth about what took place. The contribution has helped towards preserving thousands of personal items like prisoner shoes, clothing, cutlery, eyeglasses and protecting the original camp infrastructure at Auschwitz-Birkenau site.

    London is home to an estimated 145,000 Jewish people – making it the largest Jewish community in the country. The capital’s Jewish population grew significantly in the 1930s and 1940s when many European Jews fled to the UK to escape the Nazis, as well as family members of those who were murdered in the concentration camps.

    The Mayor of London, Sadiq Khan, said: “The Holocaust was one of the darkest times in history and a terrible example of what can happen when hatred is left unchecked. That’s why it’s imperative Londoners and others around the world are able to learn about the appalling events which took place at Auschwitz-Birkenau and the other camps.

    “I am honoured to have been invited to join the official commemoration event in Poland to mark the 80th anniversary of its liberation. The powerful and poignant stories preserved here are an integral part of ensuring the victims are never forgotten and the horrors that took place here are never repeated.

    “The proliferation of fake news and unregulated content on social media means that the work of organisations such as the Auschwitz-Birkenau Foundation, Holocaust Educational Trust and Holocaust Memorial Day Trust is more vital than ever in equipping young people with a full and proper account of history.

    “At a time of growing division and rising antisemitism and hate crime across the world, it’s incredibly important that we all now redouble our efforts to remember the past and make sure we learn from it.”

    Piotr M.A. Cywiński, President of the Auschwitz-Birkenau Foundation, said: “In an era of rapid cultural, technological, and social changes, amidst growing populism and the loud prevalence of hate speech, we must rediscover the profoundly valuable power of memory. It is from memory that wise warnings, guidance, and insights flow, enabling us to make better judgments, choices, and actions. Memory and experience are deeply interconnected concepts. I believe it is this perspective on memory that has connected Mr. Sadiq Khan with efforts to preserve Auschwitz-Birkenau for so many years. Striving to uphold memory among new generations is one of the most meaningful investments in a future free from hatred, antisemitism, and all forms of racism and xenophobia.”

    Karen Pollock CBE, Chief Executive of the Holocaust Educational Trust: “Today we mark the 80th anniversary of the liberation of the former Nazi concentration and death camp Auschwitz-Birkenau, the place where approximately 1 million Jewish men, women and children were murdered by the Nazis. At the site of the former camp, Holocaust survivors, surrounded by their families, Heads of State and dignitaries, had a spotlight shone on their harrowing stories. Today, 80 years on, as survivors become fewer and frailer, learning about the truth of the past could not be more important, and ensuring the next generation understand what happened at Auschwitz takes on a new urgency. Thank you to the Mayor of London for joining this important commemoration.”

    Olivia Marks-Woldman OBE, Chief Executive of the Holocaust Memorial Day Trust: “The Mayor of London is a steadfast supporter of Holocaust commemoration; the Holocaust Memorial Day 2025 Ceremony at City Hall last week was a moving and powerful event, and one we are proud to have supported. The Mayor’s unwavering commitment ensures Londoners never forget the lessons of the Holocaust. His visit to Auschwitz on the 80th anniversary of its liberation underscores this dedication. Auschwitz remains an enduring symbol of Nazi brutality and humanity’s capacity for unimaginable evil. It stands as a reminder of the devastating consequences of unchecked hate and bigotry. The commemorations at Auschwitz-Birkenau, once the epicentre of the Nazis’ genocidal campaign, will honour not only of those who were murdered at Auschwitz but of all six million Jews killed during the Holocaust.”

    MIL OSI United Kingdom

  • MIL-OSI United Nations: Twentieth session of the SPECA Working Group on Trade

    Source: United Nations Economic Commission for Europe

    The United Nations Economic Commission for Europe (UNECE) and the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) are organizing the twentieth session of the SPECA Working Group on Trade on 14 March 2025, back-to-back with a seminar “Implementing a Digital Equivalent of the SMGS Railway Consignment Note in the KTI Corridor Using UN Standards”. The Working Group supports cross-border and regional cooperation for the implementation of the 2030 Sustainable Development Agenda in Central Asia (notably SDG targets 17.10 and 17.11) to advance green and sustainable trade. The session will focus on the deliverables of the SPECA Working Group on Trade:

    1. collaboration among SPECA participating States in the WTO process,
    2. progress in the implementation of the SPECA Trade Facilitation Strategy and related roadmap,
    3. progress in the implementation of the Principles for Sustainable Trade in the subregion,
    4. studies and recommendations on regulatory and procedural non-tariff barriers to trade, and
    5. digitalization of data and document exchange in multimodal transport and trade using UN standards.

    The event will review national and regional plans and strategies of the SPECA participating States for sustainable trade facilitation and development. It will strengthen cooperation among trade diplomats of the SPECA participating States. Participants in the session are requested to contribute their good practices and identify priority actions on which the SPECA Working Group on Trade could work in the coming 2-3 years.

    MIL OSI United Nations News

  • MIL-OSI Security: 23 underground bankers arrested

    Source: Europol

    The organised criminal network, composed of mostly Ukrainian but also Armenian, Azerbaijani, or Kazakh nationals, has been providing cash courier and underground banking services to other criminal networks. Chinese actors were also part of this criminal network, providing money laundering services. This catalogue of crime-as-a-service offerings was used by various Russian-speaking and Asian criminal actors engaged in drug trafficking, tax…

    MIL Security OSI

  • MIL-OSI Europe: Resistance and decisive action – a national strategy against organised crime

    Source: Government of Sweden

    Resistance and decisive action – a national strategy against organised crime – Government.se

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    MIL OSI Europe News

  • MIL-OSI Europe: #iubilaeum2025 – Holy Mass on the occasion of Sunday of the Word of God and of the Jubilee of the World of Communication

    Source: The Holy See

    #iubilaeum2025 – Holy Mass on the occasion of Sunday of the Word of God and of the Jubilee of the World of Communication, 26.01.2025
    At 9.30 this morning, Third Sunday of Ordinary Time, on the occasion of Sunday of the Word of God, which takes as its theme this year “I hope in Your Word” (Ps 119:7-4), and of the Jubilee of the World of Communication, the Holy Father Francis presided over Holy Mass in the Vatican Basilica.
    During the Eucharistic Celebration, the Pope conferred the ministries of Lector and Catechist to lay men and women from various countries throughout the world.
    The following is the homily delivered by Pope Francis after the proclamation of the Gospel:

    Homily of the Holy Father
    The Gospel we have heard tells of the fulfilment of a prophecy overflowing with the Holy Spirit. It is fulfilled by the One who comes “with the power of the Spirit” (Lk 4:14): Jesus, the Saviour.
    The Word of God is alive: down the centuries, it accompanies us and by the power of the Holy Spirit, it is at work in every age. For the Lord is always faithful to his promise, which, in his love for humanity, he always keeps. This is exactly what Jesus says in the synagogue in Nazareth: “Today this scripture has been fulfilled in your hearing” (Lk 4:21).
    Sisters and brothers, what a happy coincidence! On the Sunday of the Word of God, at the beginning of this Jubilee Year, we proclaim this page of Luke’s Gospel, in which Jesus reveals himself as the Messiah, “anointed” (v. 18) and sent to “proclaim the year of the Lord’s favour” (v. 19)! Jesus is the living Word in whom all the Scriptures find their fulfilment. In the today of the sacred Liturgy, we are his contemporaries; we too, filled with amazement, open our hearts and minds to listen to him, for “it is he himself who speaks when the holy Scriptures are read in the Church” (Sacrosanctum Concilium, 7). I said a word: amazement. When we hear the Gospel, the words of God, it is not simply a matter of listening to or understanding them, no. They must reach our hearts and bring about what I said, “amazement”. The word of God always amazes us; it always renews us. It enters our hearts and always renews us.
    In this spirit of exultant faith, we are invited to accept the ancient prophecy as coming from the very Heart of Christ, and to reflect on five actions that characterize the unique and universal mission of the Messiah. A unique mission, because he alone can fulfil it; a universal mission, because he wants to involve everyone in it.
    First, Jesus was anointed “to bring good news to the poor” (v. 18). This is the “gospel”, the good news, which Jesus proclaims: the Kingdom of God is at hand! When God reigns, we are saved. The Lord comes to visit his people, caring for the lowly and the wretched. The Gospel is a word of compassion; it calls us to exercise charity, to forgive our neighbour’s debts and to be generous in serving others. Let us not forget that the Lord is close, merciful and compassionate. God’s style is one of closeness, mercy and compassion.
    Christ’s second action is to “proclaim release to the captives” (v. 18). Brothers, sisters, evil’s days are numbered, because the future belongs to God. With the power of the Spirit, Jesus redeems us from all guilt and liberates our hearts from all that holds them in bondage, for he brings the Father’s forgiveness into the world. The Gospel is a word of mercy, which calls us to become passionate witnesses of peace, solidarity and reconciliation.
    The third action with which Jesus fulfils the prophecy is to grant “recovery of sight to the blind” (v. 18). The Messiah opens the eyes of our heart, all too often dazzled by the allure of power and vain things: the diseases of the soul that prevent us from acknowledging God’s presence and hide from our gaze the weak and the suffering. The Gospel is a word of light, which beckons us to the truth and calls us to bear witness to our faith and to be consistent in its practice.
    Jesus’ fourth action is to “let the oppressed go free” (v. 18).  No form of bondage can resist the work of the Messiah, who makes us brothers and sisters in his name. The prisons of persecution and the dungeons of death are flung full open by the passionate power of God. The Gospel is a word of freedom, calling us to conversion of heart, integrity of mind and perseverance in trial.
    Lastly, the fifth action: Jesus was sent “to proclaim the year of the Lord’s favour” (v. 19). That year is a new age, an age that does not devour life, but regenerates it. It is a “Jubilee”, and in this sense, like the one we now celebrate as a way of preparing in hope for our definitive encounter with the Redeemer. The Gospel is a word of joy, summoning us to mutual acceptance and fellowship, as we make our pilgrim journey towards the Kingdom of God.
    By these five actions, Jesus even now fulfills Isaiah’s prophecy. By releasing us from our captivity, he tells us that God draws close to us in our poverty, redeems us from evil, enlightens our eyes, breaks the yoke of oppression, and brings us into the joy of a time and greater history in which he makes himself constantly present, to walk beside us and to guide us to eternal life. True, the salvation he bestows on us is not yet fully realized. We know this. Yet wars, injustice, pain and death will not have the final word. The Gospel never disappoints.
    Brothers and sisters, on the Sunday devoted in a special way to the word of God, let us thank the Father for having spoken to us by his own Word, made flesh for the salvation of the world. All the Scriptures, which have human writers and the Holy Spirit as their true authors (cf. Dei Verbum, 11), point to this event. The whole Bible speaks of Christ and his work, which the Spirit makes present and active in our lives and in history. When we read the Scriptures, when we pray and study them, we do not simply receive information about God; we receive his Spirit, who reminds us of all that Jesus said and did (cf. Jn 14:26). In this way, our hearts, inflamed by faith, wait in hope for the coming of God. Brothers, sisters, we must become more familiar with reading the Scriptures. I would like to suggest that all of us get a small, pocket-sized copy of the Gospels or the New Testament. We could always have it with us in a bag so that we can read it at various points throughout the day. One verse, two verses so that throughout the day we will have contact with the Lord. A small copy of the Gospels is enough.
    Let us respond with enthusiasm to the good news of Christ! For the Lord has not spoken to us as silent listeners, but as his witnesses, called to evangelize at all times and in every place. Today, forty brothers and sisters from various parts of the world have come to receive the ministry of Lector. Thank you! We are grateful to them and we pray for them. We are all praying for you. Let us commit ourselves to bringing the good news to the poor, proclaiming release to captives and recovery of sight to the blind, letting the oppressed go free and announcing the year of the Lord’s favour. Then yes, sisters and brothers, we will transform the world in accordance with the will of God, who created it and redeemed it in his immense love. Thank you!

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Take a LEAP into sports coaching!

    Source: Northern Ireland City of Armagh

    A new employability programme aimed at helping unemployed and under-employed people to kick start a coaching career in the leisure industry has been launched by Armagh City, Banbridge and Craigavon Borough Council.

    The Leisure Employability Activity Programme (LEAP) is encouraging applications from 16–30-year-olds living in the Neighbourhood Renewal Area of Lurgan, Craigavon and Portadown to give them the skills and qualifications needed to become a qualified sports coach.

    The programme is funded by the Department for Communities through the Sport in the Community programme, which aims to use sport to develop communities by providing participants with opportunities to participate in sport, gain qualifications and employment.

    Lord Mayor of Armagh City, Banbridge and Craigavon Borough, Councillor Sarah Duffy said: “Sport plays a pivotal role in every society in promoting physical activity and building community spirit. This programme is a fantastic opportunity for unemployed and under-employed people to get the skills and qualifications they need to enhance their future job prospects.

    “Taking the first step into training and employment can be daunting however our experienced sports coaches and industry professionals will guide and direct you towards achieving your goals. I would encourage those with an interest in turning a passion for sports coaching into reality to register their interest in the programme.”

    Applications are currently open for three programmes – Running Leader, Football Coach and Basketball Coach. Over a period of 7 weeks, participants will complete workshops and training in areas of personal development, application writing, interview skills, coaching qualifications, safeguarding and first aid.

    For more information and to apply, please visit https://getactiveabc.com/hw_programs/leap-programme/

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New Guidance for Evaluating the Impact of AI Tools

    Source: United Kingdom – Government Statements

    The Evaluation Task Force have recently published a new annex to the Magenta Book which covers best practice for impact evaluation of AI tools and technologies.

    In December the Evaluation Task Force published a new annex to the Magenta Book, focusing on best practice for evaluating the impact of AI evaluation methods (click here to read the guidance). The guidance will enhance the safety and confidence with which government departments and agencies can adopt AI technologies, ensuring that public sector innovation keeps pace with the private sector. It reflects an understanding of the unique challenges posed by AI and the need for tailored approaches to address these challenges.

    The guidance has been coproduced with the Department for Transport and Frontier Economics, in consultation with leading AI specialists. It is expected to be a valuable resource for policymakers, public sector professionals, and digital specialists working to integrate AI solutions into government operations. Moving forwards, the guidance will be co-owned with the Central Digital and Data Office (CDDO)

    What does the guidance cover?

    The guidance details best practice, including evaluation design, methodology, and timing, for evaluating the impact of new AI tools and technologies being introduced in the public sector. In particular, it advocates for the use of Randomised Control Trials when testing a new AI product to produce high quality evidence on the intended and unintended impacts of introducing these new technologies. The guidance also includes a series of hypothetical case studies to illustrate possible high-quality approaches to evaluating the impact of different types of AI tools.

    Please note: this guidance does not address how to evaluate the quality, safety and accuracy of new AI tools. This process is typically referred to as “model evaluation” or assurance activities, and is typically carried out by Digital, Data and Technology (DDaT) professionals rather than social researchers. Instead, the new AI guidance focuses on the impact of AI tools on decisions and outcomes. An example of an impact evaluation of an AI tool can be found here, and an example of a model evaluation of an AI tool can be found here.

    Why is this guidance important?

    Recent growth in the capabilities of Artificial Intelligence (AI) technologies has led to increased interest in the use of AI in Government. Robustly evaluating the impact of AI use in government (including process, impact and value for money questions) is essential in making sure we understand the impact of new AI systems, are able to improve current interventions, and can inform future policy development. By providing a framework for assessing the impact and effectiveness of AI tools, the guidance underscores the government’s commitment to maintaining high standards of evaluation and accountability in its use of emerging technologies.

    What happens next?

    The Evaluation Task Force will be working with CDDO to help embed evaluation best-practice in digital processes across Government, and working to support colleagues designing and delivering impact evaluations of AI interventions. If you have a project or piece of work related to AI that you’d like to discuss with the Evaluation Task Force, you can get in touch with the Evaluation Task Force at: etf@cabinetoffice.gov.uk

    Examples of best practice

    Model testing and development

    Updates to this page

    Published 27 January 2025

    MIL OSI United Kingdom

  • MIL-OSI United Nations: Nighteenth International Capacity-building Seminar on Trade and Transport Facilitation and data sharing

    Source: United Nations Economic Commission for Europe

    This event is organized by the United Nations Economic Commission for Europe (UNECE), the Government of Turkmenistan, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), with the participation of the Economic Cooperation Organization (ECO), the Organisation for Cooperation of Railways (OSJD), the railway agencies of Kazakhstan, Turkmenistan, and Iran, the Islamic Development Bank (IsDB), Eurasian Development Bank, and other partners from the States participating in the UN Special Programme for the Economies of Central Asia (SPECA).

    This event is part of the implementation of the for the Digitalization of Multimodal Data and Document Exchange along the Trans-Caspian Transport Corridor Using UN Legal Instruments and Standards, which was adopted by the SPECA Summit on 24 November 2023 in Baku. It follows up on the request of the SPECA Governing Council for capacity-building on the UN/CEFACT standards.

    MIL OSI United Nations News

  • MIL-OSI United Nations: Eightienth International Capacity-Building Seminar on Trade and Transport Facilitation

    Source: United Nations Economic Commission for Europe

    This event is organized in collaboration between the United Nations Economic Commission for Europe (UNECE), the Government of Turkmenistan, and other partners. It is part of the work plan of the SPECA Chairmanship of Turkmenistan in 2025 and part of the implementation of the SPECA “Roadmap for the digitalization of multimodal data and document exchange along the Trans-Caspian transport corridor, using United Nations legal instruments and standards”. It focuses on the port-to-port data exchange across the Caspian Sea. The problem to tackle is the fragmentation of digitalization efforts in supply chains along the Trans-Caspian corridor and other SPECA corridors. The solution we suggest is to map and/or align data in flows of information about cargo moved along multimodal digital trade and transport corridors to the global semantic standards and Multimodal Transport Reference Data Model (MMT RDM) maintained by the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT).

    MIL OSI United Nations News

  • MIL-OSI Asia-Pac: President Lai’s remarks for Lunar New Year

    Source: Republic of China Taiwan

    On the night before Lunar New Year’s Eve, President Lai Ching-te wished his fellow citizens a happy Year of the Snake via video. In his recorded remarks, President Lai thanked Taiwan’s citizens for their hard work over the past year, helping Taiwan continue to progress and develop, as well as play an even more important role on the global stage. The president emphasized that he will be resolved in the missions of ensuring that the nation endures and progresses, safeguarding the lives and property of the public, and caring for the lives of the 23 million people of Taiwan, so that Taiwan keeps going strong and every person has a bright future.
    A translation of the president’s full remarks is as follows:
    My dear fellow citizens: Good evening. Tonight, the night before Lunar New Year’s Eve, many of you may be heading back home, getting ready to ring in the new year, or preparing holiday dishes. There are also many of you remaining busy at your posts.
    I want to thank all those in the armed forces, police officers, firefighters, members of the coast guard, customs officers, medical personnel, and our partners in the public utilities sector for their hard work, which ensures that our citizens can enjoy peace of mind over the holiday.
    I also want to thank everyone for your hard work over the past year. Together, we overcame many challenges, helping Taiwan continue to progress and develop, as well as play an even more important role on the global stage.
    All our citizens are heroes of Taiwan. In this new year, the government will continue striving to foster national development, spur economic growth, and contribute to citizens’ well-being.
    Not long ago, I joined Hondao Senior Citizen’s Welfare Foundation in sharing a meal with seniors living alone, and met with youth through the Taiwan Fund for Children and Families. I hope that everyone can share concern for the elderly, children, and disadvantaged members of our communities. As the saying goes, respect all elders as you would your own, and care for all children as you would your own. Starting this year, the government will push ahead with our Taiwan Global Pathfinders Initiative to help young people make their dreams a reality.
    I will also be resolved in the missions of ensuring that the nation endures and progresses, safeguarding the lives and property of the public, and caring for the lives of the 23 million people of Taiwan, so that Taiwan keeps going strong and every person has a bright future.
    There is a saying that in a harmonious family, all things prosper. I sincerely hope that every family can enjoy peace, togetherness, and happiness. The same goes for our nation. I look forward to the ruling and opposition parties being in harmony and our society uniting. Let’s work together to help our nation continue to make great strides.
    I wish everyone success and prosperity in the year to come. Happy New Year!
    Happy New Year! (Taiwanese)
    Happy New Year! (Hakka)
    Happy New Year! (Eastern Min)
    Happy Lunar New Year!(English) 

    MIL OSI Asia Pacific News