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Student Volunteerism Hits New High as Student Volunteers Contributed 16,000 Hours to Singapore’s Cybersecurity Community in 2021

AiSP continues to partner with Ensign InfoSecurity and other industry players to support more youths to explore their interests and pursue a cybersecurity career in the future

SINGAPORE  Media OutReach – 20 January 2022 – A total of 130 students in Singapore contributed more than 16,000 volunteer hours to the cybersecurity community as part of the Student Volunteer & Recognition Programme (SVRP) initiative in 2021. 2021 saw the highest number of volunteers and volunteer hours recorded since the launch of SVRP in 2019.

AiSP SVRP 2021 award winners with Minister-of-State, Ministry of Communications and Information & Ministry of National Development Mr Tan Kiat How (from left – Tay Gao Jun, Tay Ru Yi, Mr Tan Kiat How, Kevin Tan, Sng Jay Kai, Edwin Chua, Koh Liang Han, Lee Yi Terng)

 

Developed by the Association of Information Security Professionals (AiSP) and Cyber Security Agency of Singapore (CSA), the SVRP aims to encourage volunteerism amongst students while honing their interest and capabilities in cybersecurity. SVRP, an initiative under CSA’s SG Cyber Youth Programme, receives strong support from local Institutes of Higher Learning (IHLs) as well as industry partners. Ensign InfoSecurity (Ensign) is one of the leading cybersecurity players who has provided volunteering and learning opportunities for students to acquire industry knowledge and develop relevant skillsets.

Minister of State, Ministry of Communications and Information & Ministry of National Development, Mr Tan Kiat How, graced the SVRP Awards Ceremony to recognise student volunteers for their contributions to the cybersecurity community in 2021. A total of 97 awards, including 5 Gold Awards, were given to student volunteers during the ceremony, recognising their passion, dedication, and contributions to the sector.

 

“With the accelerating pace of digitalisation, we see a huge demand for cybersecurity professionals in Singapore and around the world. The Government is committed to nurture a robust cyber talent pipeline and helping our youths to seize these exciting opportunities. The AiSP Student Volunteer Recognition Programme is a good platform for our youths to pick up cybersecurity skills, be guided by mentors, network with peers and apply their minds in tackling real world challenges. I congratulate all the awardees and wish them all the best in their cybersecurity journey!” said Mr Tan.

 

Each award recipient contributed at least 60 hours of volunteer work, with Gold Award recipients contributing at least 150 hours. One of the gold recipients, Tay Gao Jun from Ngee Ann Polytechnic, contributed over 1,400 volunteer hours in 2021. Gao Jun also received the Honorary Ambassador Award, having participated in and received the Gold Award for the SVRP for three consecutive years from 2019.

 

Minister-of-State, Ministry of Communications and Information & Ministry of National Development, Mr Tan Kiat How with AiSP SVRP 2021 organising committee (from left – Freddy Tan, AiSP SVRP Work group member, Steven Ng CIO and EVP of MSS, Ensign InfoSecurity,  Mr Tan Kiat How, Ms Sherin Lee, AiSP Vice President and Head of Marketing, Brand and Communications, Ensign InfoSecurity)

 

The full list of winners can be found on https://www.aisp.sg/svrp_winners_2021.html

 

“We are heartened by the increase in volunteers and enthusiasm from the students. These indicate a greater level of awareness and passion for cybersecurity among youths. This is definitely a significant step in the right direction as we continue to build a sustainable cyber talent pipeline and narrow the considerable, chronic talent gap we face as an industry,” said Ms Soffenny Yap, AiSP EXCO Lead for Student Volunteer Recognition Programme.

 

Ensign is a longstanding industry partner supporting SVRP that AiSP has worked closely with to organise and deliver youth engagement and learning initiatives. These opportunities are tailored to help youths discover their aptitude and calling for cybersecurity while enabling them to acquire and hone practical skills relevant to their future professions. Ultimately, these initiatives aim to allow youths to better prepare themselves before they enter the workforce.

 

“Cultivating a robust and vibrant cyber talent pool is the common goal of AiSP and Ensign, and SVRP plays a key role in achieving this outcome. This is also part of Ensign’s multi-pronged strategy to create greater interest in cybersecurity among youths, attract diverse talents, and nurture the next generation of cyber leaders. As a leading player in the cybersecurity ecosystem, our overarching objective is to make sure we have the talents and skills to scale up our nation’s cyber defence capabilities and ensure the evolving cyber threats do not undermine our digital ambitions,” said Ms Tammie Tham, Co-Chair of the AiSP Advisory Council and CEO, Ensign InfoSecurity

 

About AISP

The Association of Information Security Professionals (AISP) was registered with the assistance of the Singapore Computer Society (SCS) and the strong support of the Infocomm Development Authority of Singapore (iDA) in February 2008. It was officially launched on 17 April 2008 by Dr Vivian Balakrishnan, Minister for Community Development, Youth and Sports.

 

AISP aims to:

  • To promote, develop, support and enhance the integrity, technical competence, management expertise, status and interests of information security professionals in Singapore.
  • To promote the development, increase and spread of information security knowledge and of any related subject.

About Ensign InfoSecurity

Ensign InfoSecurity is the largest, pure-play end-to-end cybersecurity service provider in Asia. Headquartered in Singapore, Ensign offers bespoke solutions and services to address their clients’ cybersecurity needs. Their core competencies are in the provision of cybersecurity advisory and assurance services, architecture design and systems integration services, and managed security services for advanced threat detection, threat hunting, and incident response. Underpinning these competencies is in-house research and development in cybersecurity. Ensign has two decades of proven track record as a trusted and relevant service provider, serving clients from the public and private sectors in the Asia Pacific region.

 

For more information, visit www.ensigninfosecurity.com or email marketing@ensigninfosecurity.com

 

#EnsignInfoSecurity

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

Authorities in Laos Draft Law on Hydropower Safety

Laos to Inspect Hydropower Dams Every 5 Years (Photo Ngam Ngiep 1)
Ngam Ngiep 1 Hydropower Project

The government of Laos has completed drafting a law on hydropower safety to improve safety and reduce accidents.

Vetter’s new clinical manufacturing site now officially authorized

Vetter Development Service Rankweil receives manufacturing authorization

  • Important milestone reached for the new site
  • Additional filling capacities for early-stage clinical development
  • First customer audits already completed

RAVENSBURG, GERMANY and RANKWEIL, AUSTRIA – Media OutReach – 20 January 2022 – Vetter, a leading global Contract Development and Manufacturing Organization (CDMO), has received the manufacturing authorization for its new site in Rankweil, Austria. As a result of the successful inspection held by the responsible national regulatory authority, the Austrian Agency for Health and Food Safety (AGES), the site can now support clinical development projects of international pharmaceutical and biotech companies. The service provider had purchased the approximately 10,000 square meters manufacturing facility in 2020.

 

 

Manufacturing of prefilled vial systems at Vetter.
Source: Vetter Pharma International GmbH

 

Vetter Development Service Rankweil represents the company’s European counterpart to its existing clinical manufacturing site near Chicago. With the new site further expanding its international presence, Vetter is responding to the growing global demand for fill & finish services. The Austrian facility increases the company’s capacity in the important field of process development as well as clinical manufacturing of Phase I and II injectables for customers.

 

“We are consistently investing in the expansion of our development and filling capacities,” says Dr. Claus Feussner, Senior Vice President Vetter Development Service. “Our ambition is to support our customers in the best possible way on their journey to develop promising new therapies for patients. The site’s approval is an important step in our strategic company development.”

 

Since acquiring the Rankweil site in the middle of 2020, Vetter has modified and equipped all laboratory, technical and production areas to its high-quality standards. In addition, the company optimized numerous systems and processes.

 

“For pharmaceutical companies and their service providers, it has to be the ultimate goal to fully comply with the regulations of “Good Manufacturing Practices” (GMP). This ensures the quality of the manufactured medicinal products and therefore also the patient safety,” adds Wolfgang Weikmann, Vetter’s Senior Vice President of Quality Assurance and Quality Control. “The comprehensive inspection conducted by the AGES revealed that the systems and processes implemented at the Rankweil site are fully capable to fulfill the high quality requirements.”

 

The successfully completed cGMP inspection by AGES enables the new clinical manufacturing facility in Rankweil to officially start operations and to realize customer projects in the clinical development phase on their way to approval. First customers have already performed initial visits and audits at the new site.

 

Please find a short video sequence of Vetter Development Service Rankweil here.


Find the Vetter press kit and more background information here.


About Vetter

Headquartered in Ravensburg, Germany, Vetter is a family-owned, global leading contract development and manufacturing organization (CDMO) with production facilities in Germany, Austria and the United States. Currently employing more than 5,500 individuals worldwide, the company has long-term experience in supporting biotechnology and pharmaceutical customers both large and small. Vetter services range from early stage development support including clinical manufacturing, to commercial supply and numerous packaging solutions for vials, syringes and cartridges. As a leading solution provider, Vetter appreciates its responsibility to support the needs of its customers by developing devices that contribute to increased patient safety, convenience, and enhanced compliance. Great importance is also given to social responsibility including environmental protection and sustainability. Learn more about Vetter at www.vetter-pharma.com

#Vetter

OctaFX Releases List of Top 2021 Events that Affected the Financial Market

KUALA LUMPUR, MALAYSIA – Media OutReach – 20 January 2022 – The year 2021 was packed with exciting developments and meaningful circumstances in world affairs—its economy, politics, and policies—impacting the financial sector as a whole. With the help of its analytics team, the international Forex broker OctaFX compiled a basic rundown to deliver some of the more critical, vital events which it deemed especially important.

 

The U.S. dollar’s tumultuous journey through quantitative easing (QE)

During the COVID-19 crisis, the U.S. Federal Reserve (Fed) and the European Central Bank (ECB)—the central banks that issue the world’s reserve currencies—flooded the financial markets with new money. The official reason stated was helping the suffering economy because of the pandemic.

 

Therefore, U.S. president Joe Biden’s proposal of a 1.9 trillion USD stimulus package to Congress arrived on 21 January. The Republican Party was highly sceptical about this approach—some congressmen even recalled the already worrying, continual growth of the national debt (a mass total of 21.6 trillion USD at the time). It is a long-term development whose lack of resolution as of yet does not shake the market’s firm belief in the reliability of the U.S. dollar.

 

Biden follows suit by signing stimulus plan

Fast forward two months, the U.S. Senate (6 March) and the U.S. House of Representatives (10 March) both approved the stimulus plan before Biden signed it on 11 March as a 1.9 trillion USD economic rescue package. Far from being a bipartisan undertaking, no Republican approved the new order. Although, the document was amended, for example, the clause on raising the minimum wage was removed. New money flooding the market like this filled most market participants with a bullish sentiment.

 

Another 1.2 trillion USD for ‘infrastructure spending plan’

Towards the end of June 2021, expectations for a tight monetary policy were running high but then the U.S. Senate agreed on and approved a new ‘infrastructure spending plan’, totalling another 1.2 trillion USD. The reason was a sharp increase in inflation in the months prior to June.

 

Both institutions—the Fed and the ECB—have kept rates at zero or negative and implemented quantitative easing (QE) throughout 2021, increasing their balance sheets and buying bonds with that money. Because of this, their yields fell, which encouraged investors to put capital into companies’ stocks and look for other projects.

 

Fed announces the end of bailout measures

In September, the U.S. Federal Reserve officially declared that it is ready to end its quantitative easing programme and may raise the base rate already from 2022 rather than 2023, as previously assumed. The Fed further added it would continue to buy 120 billion USD worth of assets each month for the time being: 80 billion USD in treasuries and 40 billion USD in mortgage-backed bonds.

The regulator’s rhetoric initially spooked investors, but overseas markets moved higher on 23 September. The American S&P 500 was recovering from a marginal fall and rose by 1%. Finally, the U.S. monetary regulator started winding down asset purchases from the market to 105 billion USD in November (from 120 billion USD previously) and to 90 billion USD in December—strong signals for the market that the economy starts to revitalise itself.

 

Bitcoin reaches historic ATH in April before falling again by 53%

The whole of April, the crypto industry radiated with enthusiasm over an ongoing bull market before bitcoin—surprisingly to most—started a steep correction from a historical all-time high of 63,500 USD (13 April 2021) to 34,600 USD (29 May 2021). In those first initial waves downward, due to triggered margin calls, around 8 billion USD in position liquidations took place. This process had put most of the trading community on a new kind of alertness.

This downtrend continued up to 20 July 2021, reaching a price of 29,600 USD per bitcoin (that’s over 53% from the previous all-time high). Only after that point did an uptrend start with a late-summer high of 52,600 USD (6 September 2021). Most were sure the bottom for bitcoin back then had been hit and more frequent but careful trading resumed during that time.

 

Ethereum stays strong but stable while bitcoin tops twice more

Six weeks later, the mother of all cryptocurrencies topped off its previous all-time high twice in close succession—65,990 USD (20 October 2021) and 67,500 USD (8 November 2021), vindicating a suspected bull market across market observers, retail investors, and legacy institutions once again. All the while, the altcoin market soldiered on with a fluctuating performance, seeing Ethereum’s persistence and some success stories such as the Solana smart-contract platform. The latter rose from 1.84 USD on 1 January to its all-time high of 258.93 USD on 6 November, gaining 13,972%. Many opportunities for lucrative trades and initial long-term investments were realised. At the same time, some solid altcoin projects stagnated during this period, only showing that their turn for growth has yet to come. 

 

U.S. and E.U. prioritise the basic materials sector

In autumn, the E.U. and the U.S. have agreed to suspend duties on steel and aluminium products. During a speech, the President of the European Commission, Ursula von der Leyen, stressed that her institution planned to develop proposals to suspend duties imposed on goods from the U.S. She elaborated that this would bring trade in steel and aluminium products back to their levels before these tariffs were imposed in 2018.

U.S. President Joe Biden reiterated the intentions of the European Union and the United States jointly committing to a carbon-based agreement on steel and aluminium trade. After President Trump’s era of ‘economic isolationism’, many investors in the relevant industries understood this development as a bullish long-term sign.

 

European Union at a crossroads

In 2021’s fourth quarter, the euro fell to its lowest value since the start of July 2020. The reason for the plunge was the worsening business climate in the E.U.

In Germany, supply problems within most industries have worsened. Berlin, as the fourth-biggest economy in the world, also inaugurated its new government in December. One important aim of the new coalition is to introduce a wide variety of new taxes on secondary homeownership and carbon emissions on all levels,  be it corporate or private. Germany is a major player in the European Union’s power dynamics structure. Its new government in Berlin will have much to say about the way onwards in terms of the continent’s financial and political development.

 

What the future holds

As Powell hinted throughout the year, in January 2022 there will be a monthly quantitative easing cap of 60 billion USD, halving the 2021 rate and initiating a probable and gradual farewell to the emergency policy. A process that market participants of all shapes and sizes (private and corporate) will have to pay close attention to.

 

All of the dynamics above will have exciting new developments in 2022 and the years after—many of which will hit most by surprise. So, financial education and constant research and training towards economic and financial literacy are paramount to navigating through these fast-paced markets. This plain truth applies just as much to Foreign Exchange as it does to the stock market or the cryptocurrency domain. 

About OctaFX

OctaFX is a global broker that provides online trading services worldwide since 2011. It offers a state-of-the-art trading experience to over 7.5 million traders worldwide. The company is well-known for its financial expertise, analytics, and educational programme. It maintains a high emphasis on financial literacy in its trading community. OctaFX has also won more than 45 awards since its foundation, including the 2021 ‘Best Forex Broker Asia’ award and the 2020 ‘Most Transparent Broker’ award from Global Banking & Finance Review and Forex Awards, respectively.

#OctaFX

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

Laos to Experience Cooler Temperatures and Rain This Week

Rain forecast for June in Laos

Cooler weather and rain is expected in several parts of Laos this week, with temperatures dropping by up to three degrees.

Maribus launches the new World Ocean Review: Communicating the latest marine knowledge

KIEL/HAMBURG/BERLIN, GERMANY – Newsaktuell – 19 January 2022 – More than ten years after the first edition of the World Ocean Review (WOR), maribus gGmbH and their scientific partners, the German Marine Research Consortium (KDM) and the Kiel Future Ocean Network, are publishing the next WOR that reviews the overall situation of the oceans. Its conclusion: only together can we achieve solutions for a sustainable future of the ocean by balancing protection and sustainable use. In order to achieve those sustainable solutions, important transformations in the way humans interact with the ocean must be initiated quickly. The new WOR is freely available to download and printed copies can be ordered.

 

Cover “World Ocean Review 7”

Language is generally an excellent mirror of reality. Moreover, if anything can be concluded more than ten years after the publication of the first World Ocean Review, then it is clear: the tone of the ocean debate has intensified. Where there was previously talk of ocean change, the dominant term is now ocean crises. We now speak of irreparable damage, the extinction of species, the ocean as a garbage dump, collapsing ecosystems and the destruction of millions of people’s livelihoods already happening today and worsening in the future.

 

At the same time, politics, industry and science are promoting the ocean as a potential bringer of hope. Coastal States are keen on growing their maritime (‘blue’) economy and expect billions in profits from transport and trade, tourism, offshore wind power, aquaculture and the commercialisation of active ingredients from the sea. In the deep seas of the Pacific, mining companies are testing giant machines for the extraction of mineral-rich manganese nodules, and in the international climate negotiations, the carbon storage potential of mangroves, seagrass meadows, salt marshes and kelp forests is being promoted under the keyword “Blue Carbon”.

 

Experts argue long-term prosperity form the ocean can only be secured if humanity transforms its business model towards the sustainable use of the ocean, minimizing pollution and destruction, protecting and restoring critical zones and paying attention to the limits of its capacity in order to safeguard long-term wealth, prosperity and a liveable climate in the future. Marine research in Germany and around the world has generated new knowledge in the last ten years, not only to describe the problem zones in the ocean, but also to develop potential solutions. On the question of how and when, it turns out that drastic changes are required essentially today.

 

An understanding of mechanics and changes in the Seas is now more important than ever

 

This dilemma between the promise and reality of the human-ocean relationship is the focus of the seventh edition of the World Ocean Review. The new edition was first published in November 2021 in German and now translated to English by the non-profit organisation maribus gGmbh with the support of the magazine mare, the International Ocean Institute (IOI), as well as climate and marine researchers from the German Marine Research Consortium (KDM) and the Kiel Future Ocean Network.

 

“A science-based yet easily understandable, free ocean report showing the complex threats to the seas and potential solutions seemed a long-overdue necessity over ten years ago. Then, the ocean was predominantly seen as a medium for transport and tourism,” said Nikolaus Gelpke, initiator and editor of the World Ocean Review, founder of the magazine mare, and director of the International Ocean Institute (IOI). “Due to the climate debate and the plastic pollution problem, the oceans have meanwhile moved into the broader view of the public, and therefore also of politics – and we are observing that the complexity of processes such as ocean warming or overfishing increasingly requires explanation based on facts. Against this background, the concept of the World Ocean Review has proven its worth.”

 

The way towards sustainable use of the ocean

 

The seventh edition of the World Ocean Review focuses on the effects of climate change on the state of the ocean and its communities. Further topics are the consequences of rapidly increasing fishing, shipping, resource extraction, energy generation and marine pollution, along with questions of how the sea can be used more sustainably and how the ocean can be managed in the future so as to safeguard its eco-system function by both protection and equitable sharing of goods and services it provides. The new WOR offers integrated solutions for sustainable use of the ocean in all subject areas and provides best-practice examples. It refers to a variety of international marine protection agreements, which represent important instruments; although to date, their implementation has not been successful in many aspects. A new opportunity to improve the visibility of the ocean is the Decade of Ocean Science for Sustainable Development (2021-2030) declared by the United Nations general assembly. The UN has set itself the goal of increasing, combining and sharing knowledge in order to support the international community to implement more sustainability in the human-ocean relationship and establish binding measures to protect the oceans. 

 

“In 2021 or in the first year of the UN Decade, one insight is important: the emerging global ocean crisis can only be contained with the active involvement of all social actors worldwide in sharing ocean knowledge – from scientist, governments, local decision-makers, to companies, civil society and to every individual. The foundations for a transformative transition from overuse and towards sustainable use of the ocean and seas need to be scientifically sound, easily understandable and comprehensive knowledge bases. And this is what the World Ocean Review offers”, said Prof. Dr. Martin Visbeck, co-speaker of the Kiel Future Ocean Network and leader of the physical oceanography research unit at the GEOMAR Helmholtz Centre for Ocean Research in Kiel.

 

Setting the course towards protection and sustainable use of the ocean is a mammoth task, emphasise the scientific partners of World Ocean Review 7. However, they explicitly advocate for remaining confident and committing to innovative, transformative and collaborative engagement for a healthy ocean. “Management of the seas comes with the great responsibility of implementing scientific knowledge in such a way that the various demands from society, economy and nature conservation on the use of the sea are coordinated in such a way that the greatest natural treasure on Earth – the ocean – is preserved over the long term”, said Prof. Dr. Ulrich Bathmann, director of the Leibniz Institute for Baltic Sea Research Warnemünde (IOW) and director of the German Marine Research Consortium (KDM).

 

www.worldoceanreview.com

The Hong Kong Institute of Housing Urges 2022-23 Budget Allocation to Improve the Current Old Districts and Old Buildings Conditions

HONG KONG SAR – Media OutReach – 19 January 2022 – Ms. Yu Chun, President of The Hong Kong Institute of Housing (HKIH) sent a letter to the Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) Government last week and proposed the followings regarding the 2022-23 Budget: 

(1) Allocate budget to strengthen anti-epidemic measures in old districts and rural village areas


The COVID-19 situation in Hong Kong remains challenging. Therefore, it is critical to improve hygiene of local community to fight the virus. However, some buildings in old districts and rural villages do not have proper property management (PM) support and cleaning services, they are areas of great potential risk under the pandemic.

HKIH Recommendations

For buildings with confirmed cases or residents who are required to receive compulsory testing , HKIH suggested the Government to allocate funding in the 2022-23 Budget for a one-off comprehensive cleaning action for these buildings, their surrounding lanes and streets. The initiative can maintain the overall environmental hygiene of these areas, thus  reducing the chance of transmission as well as the risk faced by the community.  It also serves the purpose of  reminding owners and residents of the importance of professional property management and environmental hygiene.

 

(2) Allocate budget to encourage residents of old buildings or village houses to engage PM services under the pandemic


Over the years, quite a number of old buildings in the urban area and  village houses in remote areas do not have  effective and professional property maintenance and management, since they are not supported by any residents’ organizations and management companies. Different problems arise under the pandemic, such as building management, environmental hygiene, security, maintenance, illegal alterations and changes in building use, etc. As a result, the Government has to face the problems which can actually be solved by engaging consistent, professional and effective property management services. Under pandemic crisis, citizens have stronger awareness of the need for good property management and the Government should seize this golden opportunity to encourage them to engage effective property management services.

HKIH Recommendations

Therefore, HKIH suggested the Government to reserve budget in the 2022-23 Budget to provide seed funding for the establishment of Owners’ Corporations (OC) and hire PM services. The seed funding can be used for initial appointment of professional PM companies or for setting up of CCTV systems. It can help improving residents’ living environment and extending the lifespan of buildings, as well as, ensuring the safety and hygiene of these areas in local community.

 

(3) Subsidies for implementing Municipal Solid Waste (MSW) Charging Scheme


HKIH is delighted that The Waste Disposal (Charging for Municipal Solid Waste) (Amendment) Bill 2018 was passed by the Legislative Council. To comply with civil responsibility and support environmental protection, HKIH believes that the PM industry will show full support to the scheme. All in all, properties with OCs or PM companies will have a higher success rate in proper execution of waste reduction initiatives.  However, it may be difficult for residents of some old buildings or rural village houses to comply with this statutory requirement as they are lack of PM services and monitoring systems.  This may hinder the effectiveness of waste reduction.

HKIH Recommendations

HKIH hopes that the Government will subsidize installation of CCTV system for old buildings and rural village houses without PM company for monitoring illegal garbage disposal and will also subsidize in upgrading or installing public refuse collection points/recycle bins in order to enhance hygiene of nearby areas too. Installation of CCTV system can also alleviate manpower burden and reduce management fee if a PM company is engaged in future. This will benefit small properties of limited owners to have PM services at an affordable cost. At the same time, HKIH suggested the Government to reserve budget for distributing designated garbage bags to residents free of charge at the early stage of MSW implementation so as to assist residents to get used to the new Scheme. 

 

(4) Allocate budget to encourage digitalization of the city and PM industry.


Digital transformation of the city is a popular trend. Recently, many PM companies have launched AI-management. Supplemented with technology and service, it can be used in daily management work and provide a more high-quality living experience for citizens. Nevertheless, hindered by cost-effectiveness concerns among network providers, old districts and remote areas in Hong Kong are seriously short of facilities like optical fibres and launch stations. Thus, it hinders the overall pace of digital transformation in Hong Kong.

HKIH Recommendations

HKIH suggested the Government to establish a long-term and comprehensive plan for Hong Kong’s 5G infrastructure projects in the 2022-23 Budget to establish necessary network infrastructures for areas in need. Besides, the Government should provide funding or subsidies for developing innovative technology and deploying latest devices in the PM industry. It can help accelerating 5G infrastructure development and benefit the digital transformation of the PM industry, old buildings’ management, and Hong Kong society as a whole.

About The Hong Kong Institute of Housing

The Hong Kong Institute of Housing (“the Institute”) was incorporated in Hong Kong on 29 November 1988 under the Companies Ordinance (Cap. 32 of the Laws of Hong Kong) as a company limited by guarantee. Effective from 9 May 1997, the Institute has become a body corporate under The Hong Kong Institute of Housing Ordinance (Cap. 507, originally 34 of 1997). The Institute has been announced as one of the first-batch Recognised Professional Bodies (RPBs) of PMSA since December 2019.

#TheHongKongInstituteofHousing

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

Vientiane Capital Upgrades Khouvieng Road to Improve Traffic Flow

Khouvieng Roundabout

Authorities in Vientiane Capital have begun widening stretches of Khouvieng Road to better facilitate traffic flow and reduce congestion.