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“AI in Action” Career Day Inaugural AI-Focused Recruitment Drive 1,000+ Tech Roles to Attract Top Talent and Address Industry Demands

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Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 21 February 2025 – The Hong Kong Science and Technology Parks Corporation (HKSTP) successfully hosted the “AI in Action” Career Day, attracting over 3,000 visitors. Marking HKSTP’s first-ever AI-focused recruitment initiative, the event delivered a one-stop career platform tailored for young professionals and graduates, connecting them with over 150 AI-specialised companies. Together, these innovators showcased 1,000+ roles in cutting-edge fields including software development, data analytics, and large-scale model algorithms, addressing critical talent demands across the AI ecosystem.

HKSTP launched the ‘Talent Foundry’ initiative, bringing together deans and associate deans from the engineering and computer science faculties of the Chinese University of Hong Kong, City University of Hong Kong, Hong Kong Baptist University, Hong Kong Polytechnic University, Hong Kong University of Science and Technology, and the University of Hong Kong.

Agile Response to Market Needs and Attracting Top AI Talent

The “AI in Action” Career Day was held in a hybrid format (physical and virtual), uniting leading AI enterprises across both platforms. Participants engaged directly with hiring representatives at the venue or explored job vacancies, requirements, and submitted applications via the online “Talent Pool” platform. The event also featured skill-building workshops on jobsearch techniques and personal brand-building, alongside industry insight sessions where participants interacted with experts from global leaders such as NVIDIA, Deloitte AI Institute, and Madhead. These engagements offered deep insights into AI advancements, career pathways, and emerging industry trends.

Mr Albert Wong, CEO of HKSTP, said: “We are delighted by the overwhelming turnout, which underscores the industry’s strong demand for AI talent. In this era of rapid technological evolution, HKSTP is committed to bridging the gap between technological innovation and top talent. Going forward, we will continue to adapt proactively to market dynamics, leveraging thematic recruitment initiatives to address specific talent needs. We look forward to working hand-in-hand with the next generation of innovators and academic institutions to establish Hong Kong as a key global hub for technological innovation.”

Launching the ‘Talent Foundry’ Initiative to Strengthen Collaboration Among Talent, Universities, and Industry

To unlock the potential of Hong Kong’s students and strengthen the local talent pipeline, HKSTP, in collaboration with engineering and computer science faculties from universities in Hong Kong, launched the “Talent Foundry” initiative to bridge the gap between student skills and job market needs, fostering closer ties between academia and the I&T industry.

The official launch brought together deans and associate deans from the Chinese University of Hong Kong, City University of Hong Kong, Hong Kong Baptist University, Hong Kong Polytechnic University, Hong Kong University of Science and Technology, and the University of Hong Kong. Their participation highlights the strong university-industry collaboration fostered by the Talent Foundry initiative.

Talent Foundry connects students and graduates with enterprises and startups in the Science Park ecosystem, creating career pathways and providing professional development to immerse young talent in the vibrant I&T community.

Through this initiative, HKSTP is committed to nurturing talent and driving Hong Kong’s growth as a global innovation hub.

HKSTP Recruits Global Tech Talent and Showcases Hong Kong’s I&T Opportunities Worldwide

Building on the success of the first ‘AI In Action’ Career Day in 2025, plans are underway to explore additional themed recruitment initiatives such as microelectronics, life and health tech, and financial technology aimed at fostering connections between talent and opportunity in innovative ways.

To further expand Hong Kong’s I&T talent base and solidify its position as a global hub for top-tier professionals, an HKSTP delegation will embark on a talent recruitment mission to the United Kingdom in March. The delegation will engage with prestigious universities and research institutions to explore collaborative talent development frameworks, while also connecting directly with students through campus engagements. These interactions will showcase Hong Kong’s dynamic I&T ecosystem, highlighting diverse internships and high-growth career pathways within the city’s thriving innovation landscape.

Hashtag: #HKSTP #AIinAction

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Key European events in Q1 2025: strategic considerations for traders by global broker Octa

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Source: Media Outreach

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 21 February 2025 – The beginning of 2025 witnessed a complex geopolitical scenario in Europe, with the most prominent events expected to impact financial markets. The intersection of political instability, economic tensions, and global trade dynamics makes it crucial for traders to be vigilant and reactive. Understanding these events is essential to forming well-informed trading strategies. Kar Yong Ang, a financial market analyst at Octa Broker, identifies Europe’s recent key events and highlights the key points to keep an eye on.

The Russia-Ukraine conflict and market stability
The prolonged conflict between Russia and Ukraine continues to breed uncertainty across European markets. Sanctions and geopolitical tensions have led to supply disruptions in the energy sector, particularly in Germany’s industrial sector. In contrast, exporters in Europe face higher competition from China, degenerating trade imbalances, as well as pressure in the manufacturing sector. Irrespective of the challenges facing European markets, major industries in the region diversified supply chains, accelerating shifts toward alternative sources of energy to neutralize long-term threats.

Donald Trump’s presidential campaign and its global repercussions
European markets are increasingly anxious about Donald Trump’s return to the U.S. presidency. His economic policies, which previously disrupted international trade, are again in the spotlight. European companies, particularly those that operate in renewable energy, have expressed concerns regarding possible tariffs that can slow down investments in wind farms and solar projects. The euro has also shown volatility against the U.S. dollar since investors are unsure of future trade terms.

‘Trump administration’s return is injecting volatility into the markets, particularly in sectors reliant on stable U.S.-EU trade policies, especially after the President started to impose new tariffs. Traders should closely monitor shifts in tariffs and trade rhetoric, as these could drive substantial Forex and commodity price movements’, Kar Yong Ang explains.

Germany’s election and its potential market impact
Germany’s federal election on 23 February 2025 marks a watershed moment for European markets. The outcome of the elections can potentially redefine fiscal and monetary policies while impacting energy reforms, China-Germany relations, and long-term investment plans. Major policy shifts are anticipated, particularly in the area of addressing underinvestment in key industries. Export-based industries are gearing up for potential disruptions, with initial government reports indicating a decline in Germany’s trade volume in 2025 due to increasing global tensions.

France’s national debt crisis and its implications
France’s escalating national debt is a problem for the Eurozone, as rising government borrowing jeopardises investor confidence. As of Q3 2024, France is in the top three countries with the highest governmental debt to GDP (113.8%) and its growth dynamics (+1.4 pp in Q3 24 compared to Q2 24), according to Eurostat. With each rise in debt-to-GDP ratios, concern about the sustainability of fiscal policy is causing sovereign bond investors to tread carefully. France’s financial vulnerability also alarms the Eurozone banking system, which is still heavily exposed to sovereign debt markets.

Kar Yong Ang notes, ‘France’s fiscal trajectory is a crucial determinant for Eurozone stability. Investors should pay close attention to policy announcements regarding debt management, as any sign of strain could reverberate across European financial institutions’.

Banking sector risks and asset class correlations
Geopolitical risk and tighter financial conditions are contributing to compounding threats to the Eurozone banking system. Market volatility is still an issue, and highly leveraged or poorly cashed institutions are particularly vulnerable. The interconnectedness between financial institutions raises systemic threats, so localised instability can translate into broader market consequences.

As geopolitical events unfold, correlations among asset classes are shifting. European equities have held up well, even as global markets contend with volatility. Experts predict that while short-term risks persist, recovery trade opportunities will emerge, particularly in undervalued European equities and commodities.

In Q1 2025, key economic events to look out for were the nature of U.S. trade policy, the Russia-Ukraine conflict, German election results, and French budgetary policies. While all of them presented significant opportunities, they also imposed volatility risks. Traders who monitored these could have adjusted their risk management strategy accordingly. To successfully navigate market volatility, one may apply portfolio diversification. Such an approach allows one to deal in several assets, abandoning volatile ones in times of market turbulence.

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Disclaimer: Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision.

Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Spackman Entertainment Group’s Korean Remake of The Taiwanese Hit YOU ARE THE APPLE OF MY EYE, Produced by Studio Take, Premieres Today in Korea, Ranking #1 In Advance Ticket Reservation Sales for Korean Films

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Source: Media Outreach

Spackman Entertainment Group Limited (“SEGL” or the “Company“), and together with its subsidiaries, (the “Group“), is one of Korea’s leading entertainment production groups. SEGL is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea.

The Company was founded in 2011 by renowned media and technology investor Charles Spackman who served as the Company’s Executive Chairman until 2017. For the past two decades, Mr. Charles Spackman has been a powerhouse in the Korean entertainment industry starting in the early 2000’s with the pioneering success of Sidus Pictures, the largest movie production company at the time and the first to be listed in Korea. Mr. Spackman is also the Founder, Chairman and Chief Executive Officer of the global investment firm, Spackman Group. For more information, please visit charlesspackman.com and spackman-group.com/charles-spackman.

Since its founding, SEGL had produced more than 30 major motion pictures including a number of the highest grossing and award-winning films in Korea, namely #ALIVE (2020), CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), SNOWPIERCER (2013), COLD EYES (2013) and ALL ABOUT MY WIFE (2012).

Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. Generally, we release our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.

The Group also invests into and produces Korean television dramas. In addition to our content business, we also own equity stakes in entertainment-related companies and film funds that can financially and strategically complement our existing core operations. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the ticker 40E.

Production Labels

SEGL owns a 100% equity interest in Studio Take Co., Ltd. (“Studio Take“) which produced STONE SKIPPING (2020) and THE BOX (2021). One of its films, A MAN OF REASON (2023), premiered in the US at the 42nd Hawaii International Film Festival. The film was also invited to the 47th Toronto International Film Festival, the largest film festival in North America, and the 55th Sitges Film Festival, one of the world’s top three genre film festivals. Produced by Studio Take, the Korean adaptation of the Taiwanese hit YOU ARE THE APPLE OF MY EYE premiered at the Korean theatres on 21 February 2025. The romance film remake originally premiered at the 29th Busan International Film Festival in October 2024. Studio Take shall also release an upcoming film, THE GUEST, which is at the post-production stage and scheduled to be released in the second half of 2025 or in 2026.

The Company owns a 20% equity interest in The Makers Studio Co. Ltd., which plans to produce and release four upcoming films, the first of which will be THE ISLAND OF THE GHOST’S WAIL, a comedy horror film.

Talent Representation

The Company holds an effective shareholding interest of 43.88% in Spackman Media Group Limited (“SMGL“). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as MSteam Entertainment Co., Ltd., SBD Entertainment Inc., UAA&CO Inc. and Play Content Co., Ltd. Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company. For more information, please visit spackmanmediagroup.com.

For more details, please visit spackmanentertainmentgroup.com.

– Published and distributed with permission of Media-Outreach.com.

“HK+FR: Furniture for World Design”, presented by Hong Kong Furniture and Decoration Trade Association, successfully concluded at Maison&Objet Paris 2025

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Source: Media Outreach

HONG KONG SAR & PARIS, FRANCE – Media OutReach Newswire – 21 February 2025 – The Hong Kong Furniture and Decoration Trade Association (HKF&DA) proudly announces that its first time participation in the Maison&Objet interior design trade fair has successfully concluded in January 2025 in Paris, France, with the Cultural and Creative Industries Development Agency (CCIDA) of the Government of the Hong Kong Special Administrative Region as the lead sponsor of this debut.

“HK+FR: Furniture for World Design”

HKF&DA’s presentation, titled “HK+FR: Furniture for World Design”, partnered with Hong Kong manufacturers, esteemed local design masters, and award-winning Rising Talents from Maison&Objet 2023 and 2024. Positioned within the sophisticated and ever-evolving global market of furniture and homeware design, this collaboration champions the principles of innovation and professional manufacturing excellence. It promises to transform visionary concepts into market-ready products, while celebrating the core values of Hong Kong’s furniture and homeware industry: dedication & professionalism.

HKF&DA invited four distinguished homegrown design masters to contribute their expertise to the presentation: Mr Joey Ho; Mr Tommy Li; Mr Walter Ma; and Mr Victor Wong. Each designer is a leader in interior design, brand design, fashion design, and cross-media design, all exemplifying the dedication and professionalism of the local industry, uplifting Hong Kong as a vibrant hub of creativity and innovation, and inspiring the next generation of designers.

Esteemed award-winners of Maison&Objet’s Rising Talent Awards in 2023 and 2024 were also presented in collaboration with the group of design masters. The awards are prestigious recognitions given to outstanding talents in the design and interior decoration fields, with selections carried out by a jury composed of industry experts. Participating designers include:

  • Sébastien Cluzel and Morgane Pluchon, representing their studio CLUZEL / PLUCHON, focused on recreating everyday objects by questioning their use, their perception of space, and their mode of production. Their presentation ISOLA sofa was inspired by the beautiful landscape of Italian islands.
  • Nelson Fossey, representing his studio Index Office, presented products that blend functionality, durability, and timeless appeal. Specially created for this exhibition, Fossey worked with the Hong Kong-based furniture company Profilia to design a lighting fixture and coffee table made from solid wood.
  • Jenna Kaës, whose work explores mysticism in contemporary contexts, delves into the unconscious while addressing themes of love, fear, and the memorialisation of death. In her work A Cold Wave Song &Mental Coil, two bamboo silk carpets were inspired by compositional works using torn paper collages.
  • Line and Pierron, the Paris-based design duo from the studio Line & Raphaël, specialize in furniture that harmoniously blends traditional craftsmanship with modern technology. By integrating solid walnut wood with gold-toned 3D-printed inlays, the designers achieved a unique blend of textures and materials.
  • Felix Rasehorn and Robin Hoske are representing industrial design and research lab WINT Design Lab, dedicated to helping brands create innovative products that seamlessly integrate into everyday life. Their work O-Pendant light family is a versatile and elegant ambient lighting system inspired by experimental paper shapes and the interplay of light and shadow through reflections and folds.

“HK+FR: Furniture for World Design” at Maison&Objet Paris 2025 attracted over 3,500 visitors during its five-day showcase. Attendees included professionals from the furniture and design industry, renowned designers, architects, and representatives from key institutions. The team also forged new connections with industry players and received positive feedback as well as product inquiries from potential buyers.

HKF&DA will tour the exhibition to other regions. Further details will be announced in due course.

Hashtag: #Maison&Objet #Furniture #Homeware #Design #HongKong #Paris

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Universities – University of Auckland unveils its world-class Recreation Centre Hiwa – UoA

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Source: University of Auckland (UoA)

The University of Auckland’s new recreation centre was formally opened on 21 February by Hon Chris Bishop, Minister for Infrastructure and Associate Minister for Sport and Recreation, and the Vice-Chancellor of the University of Auckland, Professor Dawn Freshwater.

The eight-storey building, complete with rooftop turf, pool, and state-of-the-art sports halls, is being used by staff, students and the public as part of the University’s concerted focus on balancing well-being with academia.

The centre’s name Hiwa, gifted by Ngāti Whātua Ōrākei, means ‘vigorous, active, robust and sound’, reflecting the University’s aspirations for growth and well-being. The 26,000 sq m facility covers a space equivalent to roughly 3.7 rugby pitches or 100 standard tennis courts and is located on Symonds Street in the heart of Auckland.

With an innovative vertically ‘stacked’ design, it centralises the University’s sport and recreation services into a single premises, overcoming the spatial constraints of its central city location.

Features include a premier rooftop multi-sport turf and two sports halls with the southern hemisphere’s first glass sports floor with integrated LED markings to accommodate six different sports. It also holds capacity for 1,500 spectators, a running track, an eight-lane 33-metre lap pool, a dive tank, spa and sauna, climbing wall, group exercise studios, combat sports studio and expansive cardio and weights areas that make it one of the largest gym fit-outs in the southern hemisphere.

Hiwa serves as a vibrant community hub, offering a café, social spaces and versatile indoor and outdoor areas for various activities. The University’s physical education programmes and exercise science students will also use the facility.

Vice-Chancellor Professor Dawn Freshwater says the opening of Hiwa is a huge milestone for the University following comprehensive planning for a new recreation centre, spanning a decade. She says the investment in Hiwa further enhances the University of Auckland’s position as New Zealand’s pre-eminent, research-led higher education institution.

“We are delighted to open the doors to this wonderful facility to bolster the world-class education our students receive and enhance the well-being of the wider community.

“It’s an important hub for our growing University population and an asset for Auckland. Our community has long desired sport and recreation facilities that befit the world-class campus environment expected of Aotearoa New Zealand’s leading university.”

She said campus experiences, especially in sport and recreation, are known to enhance student success.

“Staff will also have more opportunity to pursue their health and well-being goals, and through public memberships and collaboration with the sport and recreation sector, we hope to positively impact the wider Auckland community.”

As a focal point on campus, Hiwa Recreation Centre is designed to enrich campus life by connecting learning, sporting and social facilities.

The building was designed by Warren and Mahoney in partnership with MJMA Architecture and Design, and constructed by Hawkins, in consultation with Rider Levett Bucknall, Beca and Colliers.

It is the most multi-faceted building on campus, requiring 500 workers on site at the peak of construction. The University’s Chief Property Officer Simon Neale says Hiwa Recreation Centre is the most complex build the University has ever undertaken.

“The project was not without its challenges, being delivered through one of the most challenging periods for the construction industry in New Zealand. The consultant and construction team masterfully navigated the Covid pandemic, supply-chain issues, moving 40-tonne trusses and vast pre-cast concrete beams for the pool hall roof overnight and at weekends.

“But thousands of people and many businesses helped us deliver this significant project for the University, with a strong ethos of partnership between all those involved enabling us to overcome the challenges and to deliver an outstanding facility which will support the health and well-being of our student and staff communities, and high-performance sport, for many years to come.”

Memberships are available to students, staff and members of the public. Casual visitors are also welcome.

As well as the minister, guests at the official launch included Mayor Wayne Brown, Deputy Mayor Desley Simpson, Sports NZ CEO Raelene Castle and Eden Park CEO Nick Sautner.

Bishop said as the former sports minister he had been to a number of sports facilities around the world, and Hiwa was “genuinely quite something. This is a remarkable facility for the university, but also for the city, and the whole country.”

Simpson said she was blown away by the new recreation centre. “We know Auckland needs assets like this, but this is truly international class.”

The event began with an elite diving demonstration for the Minister by engineering student and Commonwealth Games diver Frazer Tavener, and concluded with a shortened seven-aside netball match between the Vice-Chancellor’s Invitational Seven, which included Minister Bishop, and a Sport and Recreation Seven, which featured alumna and former Silver Fern Sulu Fitzpatrick.

Fitzpatrick also spoke during the formalities, ahead of the plaque unveiling. She said: “The magnitude and the quality of this facility will make not only top athletes better for the world stage, but allow students and staff members to be happier and healthier, which will contribute to a better New Zealand. It’s exciting.”

About Hiwa, Recreation Centre
Hiwa, Recreation Centre is a showpiece for the University of Auckland and reflects the importance the University places on student and staff health and well-being. It significantly enhances the campus experience for students and staff, offering a state-of-the-art gym, sports centre and social hub, balancing health and relaxation with academia. It also offers gym memberships to Auckland residents and provides an additional recreational space for community outreach.

Hiwa opened on 25 November 2024 (following a dawn blessing on 20 November) and is now operational.

The official opening by the Vice-Chancellor Professor Dawn Freshwater and Hon Chris Bishop, Minister for Infrastructure and Associate Minister for Sport and Recreation, took place on Friday 21 February.

Hiwa facts and figures

Hiwa is a world-class facility for students, staff and the wider community to play sport, keep fit, have fun and socialise and get the most out of their time at Waipapa Taumata Rau, University of Auckland.
Sport and recreation play a vital role in health and well-being. Hiwa befits a global university, meeting the national and international expectations of students.
Hiwa is a 26,000 sqm facility, covering a space equivalent to 100 standard tennis courts or 20 Olympic-sized swimming pools. Spread across eight levels, its innovative design overcomes the spatial challenges of a central city location.
It has a unique inner-city rooftop multi-sport turf and track, and two sports halls with the southern hemisphere’s first glass floor, accommodating six different sports.
Hiwa includes an eight-lane pool, dive tank, spa and sauna, bouldering wall, and is one of the largest gym fit-outs in the southern hemisphere.  
As well as the fitness facilities, it serves as a community hub, with a café, and indoor and outdoor multi-purpose spaces.
While Hiwa is primarily for students and staff, Hiwa has reinvigorated the city centre. The University recognises Auckland’s need for quality sports facilities and will be working to support the wider sports sector and contribute to making Auckland a world-class city.
The University’s physical education programmes and exercise science students will also use the facility.  

 
FAQs
What does Hiwa mean?
The Hiwa name, gifted to the University by Ngāti Whātua Ōrākei, means ‘vigorous (of growth), active, robust, sound’. It has multiple synergies with the recreation centre and its place at the heart of our University community.
 
How much did the new building cost?  
The sum approved in the University Estate Strategy for the full programme was $320m, which covered demolition and clearance of the site, ground works, temporary facilities for use during construction and the design and construction costs themselves. Final costs will not be known until later this year at which time the overall position will be compiled.
 
How can the University afford this?
Hiwa is the culmination of decades of planning and more than half of the funding for its construction comes from past and present student levies. The former student facilities levy and the current Compulsory Student Services Fee is paid by all students to contribute to student support services and can only be spent on student initiatives.
 
Why is Hiwa needed?  
Health and well-being are vital to the success of our students. Research shows that participation in sport, leisure, clubs, societies and fitness activities increases retention and translates into better academic performance among students, as well as a greater sense of community, social connection and belonging. World-class facilities attract high-quality students and academic talent and enhance the University’s relationship with the Auckland community.
 
The University of Auckland believes this is an investment in the well-being not only of our 46,000 students but of our wider community. Providing world-leading sports and recreation facilities will further enhance the reputation, visibility and attractiveness of Auckland as a premier city in which to study and live.

MIL OSI

Tax Issues – Keeping ability to gather tax information essential says tax reform group

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Source: Tax Justice Aotearoa

21 February 2025 – Tax Justice Aotearoa is calling on the Minister of Revenue to retain the ability for Inland Revenue to collect vital information that supports effective tax policy making.

“We are concerned that the Minister initiated a review of this important provision within the Tax Administration Act just over a year after IR produced its report on High Net Worth Individuals,” said Glenn Barclay, Chairperson of Tax Justice Aotearoa.

“That piece of work provided us with the first in depth information on the scale of the inequities of our tax system and the review has the air of an exercise to close down or restrict similar research in the future. We are calling on the Minister to stick with this provision, which is essential to good tax policy making.”

S.17GB of the Tax Administration Act is the provision that enabled Inland Revenue to carry out that ground breaking Report on High Net Worth Individuals in 2023.

The report revealed that the wealthiest 311 families in the country had an effective tax rate of around 9%, while the average taxpayer had an effective tax rate of over 20%.
 
“The lack of balance in our tax system is now well understood, but without the information gathered under s.17GB we would not have had the research on High Net Worth Individuals and would be guessing about the extent of the problem,” said Glenn Barclay.

S.17GB goes beyond the general information collecting power in the Act, which is not sufficient to provide access to information that could potentially lead to policy change – it is mainly about enforcement.
 
“The need for this provision is also a symptom of our badly out of balance tax system. If we were already taxing capital in any meaningful way, then it is reasonable to assume that IR would have much better information about what high net worth individuals are worth.

“In the absence of those taxes and that information, this provision becomes even more essential.”
 
Glenn Barclay also drew attention to the relevance of s.17GB to other recently announced policies.
 
“Government policies such as the possibility of reducing corporate taxes and encouraging wealthy individuals to come to New Zealand, mean that understanding their contribution to revenue is going to become more important, not less,” he said.
 
“There is no good reason to reduce or eliminate this power to gather information other than to protect vested interests and we ask the Minister to put the public interest first.”

MIL OSI

Greenpeace – Pacific civil society groups send clear message to ban deep sea mining

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Source: Greenpeace

The Pacific Blue Line Collective and partners, representing Pacific civil society organisations, faith-based groups, youth, women’s organisations, and movements, remain steadfast
in their position for an outright ban on deep-sea mining in the Pacific.
In a statement, they said: “We remind Pacific Leaders of their responsibility to the protection of the Pacific Ocean. As the Pacific Island Leaders meet for the High-level Talanoa on Deep Sea Minerals at the Pacific Islands Forum Secretariat this week, it is vital that the duty of care to safeguard our oceans is at the forefront of discussions.”
Greenpeace seabed mining campaigner Juressa Lee says: “Pacific leaders have received a strong and clear message from civil society groups across the Pacific, urging them to reject wannabe deep sea miners with selfish agendas and their propaganda that they can destroy the deep sea to save us from the climate crisis.
“The undersigned groups represent a growing broad and strong resistance from across Te Moananui a Kiwa against this emerging form of extractivism and colonisation.
“This long-standing opposition of civil society asserts their mana and birth-righted guardianship of their homes, and the authority and necessity of Indigenous voices and Indigenous Knowledge Systems in any decisions that pertain to their homes, which includes the ocean.
“Civil society groups argue that Indigenous Rights, the rights of Pacific Peoples, their knowledge systems, and a healthy environment should be at the centre of all conversations and decision-making, alongside the best available, robust and independent science.
“Pacific Leaders and global leaders must hear this call from civil society to centre Pacific communities and the environments of which they are guardians.”

MIL OSI

World-leading Crypto Event Launches APAC’s Largest Debut with Consensus Hong Kong 2025

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Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 21 February 2025 – Regarded as the “Super Bowl of Blockchain” and “the World Cup of Web3”, Consensus, the most influential and longest-running event of the crypto world, picked Hong Kong as a destination to expand beyond North America, with a record-setting debut of nearly 10,000 from over 100 countries and regions converging at the Hong Kong Convention and Exhibition Centre from 18-20 February.

Consensus Hong Kong 2025

Phoebe Shing, Director, Business Development Team Lead, MICE • MICE-Business Development of the Hong Kong Tourism Board (HKTB), said, “The tremendous success of Consensus’s Hong Kong debut marked the city as one of the most conducive destinations to expand the global footprint of proven events. More than a world’s meeting place, Hong Kong is also a super-connector in the world of finance, innovation and technology (I&T) and global cultures. This mega crypto event also puts Hong Kong on the forefront of accelerating the region’s advancement, while generating high-yield tourism spending and business activities to fuel Hong Kong’s economy.”

A convergence of who’s who in the world of blockchain, digital assets and web3

Asia’s top financial policymakers, crypto thought-leaders and investors shared the main stage with Mainland and world pioneers in blockchain, digital assets and web3 fields, defining what’s next and mapping the way forward for greater impact. The cast of stellar speakers notably included Richard Teng, CEO of Binance, the largest crypto exchange by trading volume; Adam Back, CEO and co-founder of Blockstream, a global leader in Bitcoin and blockchain technologies; Yat Siu, Co-Founder & Chairman Animoca Brands, a global leader in blockchain and gaming; Hong Fang, President of OKX, a leading Web3 technology company and leading crypto exchange, and many more.

Sara Stratoberdha, CEO of CoinDesk said, “Consensus has been running for over 10 years and is one of the longest-running and comprehensive digital assets events in the world. Hong Kong, a Fintech hub in Asia serves as a global center for crypto and web3 technologies, with favourable policies and a large pool of talent for blockchain, digital assets and web3 to thrive. We are thrilled to see that over 75% of attendees are coming from outside Hong Kong. A truly international event! The city has proven the ideal choice for expanding Consensus beyond North America.”

A strong line-up of over 350 side events, delivering huge commercial value

Consensus Hong Kong 2025 was embellished with more than 350 side events, giving the energetic global crypto community diverse opportunities to showcase their expertise, create and renew partnerships and party to the heart’s content.

Michael Lau, Chairman of Consensus Hong Kong, added, “The scale of the inaugural Hong Kong event has surpassed our expectations, with nearly 10,000 attendees and what truly surprised us is that the community and industry were eager to participate and the fact that we ended up hosting over 350 side events is a strong testament to Hong Kong as a leading global FinTech hub where we have a vibrant ecosystem, entrepreneurial spirits, innovative cultures that nowhere else can replicate. I am also appreciative of the support from the HKTB in securing the event for the city I call home.”

Transforming business events into mega festivals

Consensus Hong Kong also spectacularly transformed a leading business event into a mega festival, kicking off with its Opening Party – Rooftop Revelry, held at Cloud 39, the ultra-luxury rooftop ballroom of iconic landmark in Central The Henderson that set the tone for the event’s sophisticated networking occasions. Action continued all the way to its long-established tradition of Music Festival and Crypto Fight Night, extending to Hong Kong’s unique horse-racing and night party at Lan Kwai Fong. The conference concluded with a bang with the Consensus Closing Party in Lan Kwai Fong, where participants were treated to an open bar, live music and fun networking.

Brad Spies, Vice President of Consensus, said, “Hong Kong has a long legacy of finance, banking and some of the deepest capital markets in the world; but it’s also such a vibrant and diverse city with the best restaurants, fantastic venues and unique experiences. The city simply fulfilled the promises of delivering the best of business and fun. Hong Kong is such a world-class city for people to come and transform business events into mega festivals.”

(Credit: Hong Kong Jockey Club) Participants got a shot of Hong Kong’s iconic horse-racing at Happy Valley Racecourse, with the Consensus Cup Happy Wednesday staged.

The party continued at the electrifying Token of Love Hong Kong Music Festival at AXA Wonderland, a musical experience that debuted in Hong Kong in February headlining global artists and top 100 DJs, uniting music lovers, innovators and leading Web3 brands.

https://www.mehongkong.com/
https://www.linkedin.com/company/meetings-exhibitions-hong-kong

Hashtag: #HKTB

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

CEIBS MBA ranked #1 in Asia for ninth consecutive year

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Source: Media Outreach

SHANGHAI, CHINA – Media OutReach Newswire – 21 February 2025 – In the Financial Times‘ 2025 global ranking of MBA programmes, CEIBS has once again been named #1 in Asia, marking nine consecutive years as the highest ranked programme in the region on the internationally authoritative list. The programme was ranked #12 globally.

This accomplishment demonstrates the robustness and enduring quality of our programme in a climate of increasing uncertainty for management education and the global economy, highlighting both its fundamental strengths and its key attributes that are unique in the world of international MBA programmes.

Across the globe, management education is undergoing a transformation amidst changing demands from participants, disruptive technologies, and an economic environment that is affecting both global job markets and the perceived value of MBA qualifications themselves. While many institutions struggle, this year’s ranking also reflects the growing strength of management education in China overall. To have maintained a leading position in the face of both these changing circumstances and intensified regional competition demonstrates our programme’s ability to adapt, as well as our commitment to offering a worldclass experience to participants.

A deeper look at the individual metrics that compose the overall ranking shows the unique characteristics that make the CEIBS MBA stand out amongst global business schools. The CEIBS MBA is dedicated to offering a diverse and international experience in line with the school’s overall mission of providing “China Depth, Global Breadth”, which is notably reflected in the fact that the programme continues to rank #1 globally in terms of international board and women on board, and continues to rank within the top 20 in terms of international course experience.

More notable than our consistent strengths, however, is that in other areas our MBA programme has made great strides this year. Particularly important to us is a jump of 26 places in ESG and net zero teaching, placing us in the global top 20. This remarkable progress represents the commitment of everyone, from school and programme leadership to faculty and staff, to ESG principles in teaching and operations, and places us in good stead to develop even further in this regard, establishing the CEIBS MBA as a global leader in ESG in management education.

This year’s ranking also highlights the CEIBS MBA programme’s continued prowess in faculty and research. The school’s worldclass faculty is instrumental in the success of all its programmes, a fact that is bolstered by our impressive climb of 11 places in the ranking’s FT research indicator this year, and our continued placement of #1 globally in terms of faculty with doctorates.

Perhaps most important of all is the fact that this year’s ranking demonstrates the tangible impact that the CEIBS MBA can have on the lives and careers of its participants. Our career progress rank improved by 13 places to reach #7, placing us in the global top ten and ahead of many other leading business schools at the top of the overall ranking. Our ranking in aims achieved also jumped 21 places. These individual metrics, based on the experience and reporting of those that have experienced the programmes themselves rather than data provided by the school, represent a level of satisfaction amongst our large and successful alumni network for which we are extremely grateful, and which reflects our focus on delivering opportunities for dynamic growth and genuine positive value to our participants. In today’s changing global climate, the worth of MBA qualifications is sometimes called into question; we are proud that this year’s FT ranking demonstrates that the CEIBS MBA proves these doubts wrong.

Following this recognition of our MBA programme’s continuing strength and global competitiveness, CEIBS remains committed to building on over three decades of success and offering our participants even higher standards in the future, providing management education that is informed by our motto of “Conscientiousness, Innovation and Excellence”.

Hashtag: #CEIBS

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Two men facing drug related charges following search warrants

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Source: New Zealand Police (National News)

Attributable to Southern District Crime Manager Detective Inspector Shona Low

Two people have been arrested today, after Southern District Police and New Zealand Customs executed a joint operation.

The operation, which began in mid-January, related to the importation of the Class B Controlled Drug Ecstasy and the Class C Controlled Drug Ketamine to local Dunedin addresses.

Two search warrants were executed in Dunedin this afternoon where Police located a number of items of interest.

A 23-year-old Dunedin man was arrested this afternoon at Queenstown Airport, and a 30-year-old Dunedin man was arrested after a vehicle stop in Christchurch. Both will appear in Court tomorrow. The 30-year-old will appear in the Christchurch District Court and the 23-year-old will appear in the Queenstown District Court, charged with multiple importations. Both will have their bail opposed.

This is an example of the strong partnership Police shares with New Zealand Customs when it comes to investigating the importation of illegal drugs into the country. In executing these search warrants and arresting those we believe are responsible, we’ve made a significant impact in terms of reducing the harm that the drug trade causes within our communities.

We know this won’t stop the supply of drugs, or others from trying to profit from addiction, but it will put a noticeable dent in the availability of illegal drugs in the district.

Customs Manager Investigations, Dominic Adams, said “These were significant intercepts destined for the region. We believe this influx of drugs were intended for the local community in the South Island, where they would have caused considerable harm.

“Customs works really closely with Police districts up and down the country, and in this case we were able to assist Dunedin Police with information and investigative support which has resulted in today’s arrests.”

ENDS

Issued by Police Media Centre

MIL OSI