PAObank Unveils New Wealth Service, Unlock the Power of a Dual-Advantage Wealth Management Model, Flexibly SWITCH Between Investment and Deposits

Source: Media Outreach

16-Hour U.S. Stock Trading Session*, Money Market Funds with T+0 Settlement

HONG KONG SAR – Media OutReach Newswire – 3 March 2026 – PAO Bank Limited (“PAObank”) is pleased to announce the official launch of wealth service, debuting a dual-advantage wealth solution. This service empowers customers to flexibly switch between investing or earning interest, offering unmatched flexibility and control over their finances. The wealth service combines the agility of a brokerage with the security of a bank, enabling customers to seamlessly manage investments, insurance, deposits, and more through a single account. Customers can flexibly allocate funds and trade a wide range of products, including U.S. stocks, Hong Kong stocks, funds and money market funds, at any time.

PAObank’s existing retail banking customers can open an investment account in as fast as 3 minutes, while new customers can open both savings and investment accounts in one-go, greatly simplifying the onboarding process. Customers can instantly deploy funds from their savings account to purchase stocks and funds directly, without the need for additional transfers. Investment returns can be credited back into the savings account to earn interest, supporting both the pursuit of timely market opportunities and steady interest income, all within one single PAObank account.

Mr. Ronald Iu, Chief Executive of PAObank, said, “The launch of wealth service marks a significant milestone in PAObank’s retail banking development. Retail banking at PAObank is rooted in user-friendliness. Our team believes that if we can save each customer one single step, we collectively save 10,000 steps for 10,000 customers. The design of our wealth service is customer-centric — streamlining procedures and eliminating unnecessary fund transfers, allowing customers to SWITCH flexibly between investment and deposit services. We will continue to upgrade our retail banking services, striving to become one of Ping An Group’s integrated financial platforms in Hong Kong, delivering a more comprehensive and user-friendly wealth management experience, and being recognised as the preferred digital bank in the minds of customers.”

U.S. & Hong Kong Stocks Trading: Broker-LevelAnalytics Tools forCapturing Opportunities
PAObank’s wealth service offers broker-level professional analytics tools, providing comprehensive insights from macro market trends to detailed stock information to help customers seize every investment opportunity. Key features include:

Online Brokerage-Grade Analytics Tools & Indicators:

  • 40+ Technical Indicators: Multi-angle market analysis, covering company performance, market trends, stock price movements, and peer comparisons to support deeper investment insights and discover potential opportunities.
  • Free Level 1 Real-Time Quotes: Instant access to real-time indices and quotes, enabling customers to make informed decisions and act quickly.
  • Industry Heatmap & Real-Time Trading Rankings: Intuitive visualisations of industry momentum and real-time rankings of active stocks, helping customers track market hotspots and pinpoint focus stocks with ease.

Flexible Trading Capabilities:

  • Up to 16Hours of U.S. Stock Trading Sessions: Trade U.S. stocks day and night to maximise market opportunities, with flexible pre-market and after-hour trading sessions in response to major news or unexpected events.
  • Unlimited 24-hour Real-Time Quotes: Access the latest market information around the clock.
  • Multiple Order Types: Support for limit orders, stop-limit orders and more, empowering customers to respond flexibly to market volatility.

Money Market Funds: T+0 Settlement, $0 Subscription & Redemption Fees, Same-Day Liquidity
PAObank’s money market funds offer a reliable and flexible way for cash management solutions, offering customers a stable and adaptable platform for capital growth. These funds primarily invest in short-term deposits and high-quality money market instruments, targeting lower risk and stable returns. Featuring: “T+0” same-day settlement, $0 subscription & redemption fees, low entry threshold, investors enjoy 24X7 access to subscriptions and redemptions, with proceeds credited to bank accounts as soon as the same day. Funds are available 365 days a year, enabling efficient and always-on cash management regardless of public holidays.

Curated Selection of Funds from Top-tier Global Fund Houses: Popular Thematic Rankings Including “Monthly Dividend Funds”
PAObank partners with leading global fund houses, including Ping An of China Asset Management (Hong Kong), Allianz Global Investors, Invesco, and Schroders, to curate nearly 60 global funds spanning popular themes such as technology, Asia and consumer sectors. The platform provides diverse, thematic fund rankings, including a dedicated “Monthly Dividend Funds” category tailored for dividend lovers. Transparent fund performance and data-driven analytics give customers the flexibility to adjust their portfolios in response to market trends, seizing global investment opportunities with ease.

*U.S. market trading sessions are based on Hong Kong time:
Summer time – Pre-market: 16:00 – 21:30; Market opening: 21:30 – 04:00; After-hours: 04:00 – 08:00.
Winter time – Pre-market: 17:00 – 22:30; Market opening: 22:30 – 05:00; After-hours: 05:00 – 09:00.
Total trading hours are 16 hours.

Investment involves risk. The price of investments fluctuates, sometimes dramatically. The price of investments may move up or down, and may become valueless. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling investment products. Foreign investments carry additional risks not generally associated with the domestic market. You should carefully consider whether any investment products or services mentioned herein are appropriate for you in view of your investment experience, objectives, financial resources and circumstances.

Hashtag: #PAObank #Wealth #WealthService #Stocks #Funds

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

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

LiveNews: https://livenews.co.nz/2026/03/03/paobank-unveils-new-wealth-service-unlock-the-power-of-a-dual-advantage-wealth-management-model-flexibly-switch-between-investment-and-deposits/

Economy – Singapore credit and charge card payments to grow by 9.2% in 2026, forecasts GlobalData

Source: GlobalData

Singapore’s credit and charge card payments market is projected to grow by 9.2% to reach SGD116.8 billion ($88.4 billion) in 2026. This growth is being driven by a confluence of factors including widespread card acceptance, a near-100% banked population, and increasing adoption of contactless cards, according to GlobalData, a leading intelligence and productivity platform.

GlobalData’s Payment Cards Analytics reveals that the credit and charge card payment value in Singapore registered an estimated growth rate of 7.6% in 2025, to reach SGD107 billion ($80.9 billion), driven by the rise in consumer spending.

Poornima Chinta, Senior Banking and Payments Analyst at GlobalData, comments: “While debit cards also enjoy strong usage, especially in everyday transactions, credit and charge cards have pulled ahead through superior value-added benefits, instalment options, cashback, and rewards programs. Regulatory backing, high public awareness of payment cards, robust merchant acceptance, and infrastructural enhancements including broader contactless card penetration are all reinforcing their lead.”

Rewards, discounts, and flexible payment schemes play a key role in driving credit and charge card usage in Singapore. Banks such as UOB offer instalment plans for online purchases over three, six, 12 or 24-month periods with 0% interest at partner merchants, while Citibank’s Citi SMRT card delivers up to 5% cashback on purchases in stores and online.

A well-developed POS infrastructure is also supporting the rise of credit and charge cards. Singapore boasts one of the highest number of POS terminals per million inhabitants in the Asia-Pacific region, which stood at 62,551 in 2025, significantly higher compared to some of its peers such as Malaysia (29,093), Hong Kong (27,992), and Thailand (13,017).

Regulatory and policy developments are also enhancing the environment for credit and charge card payments. Initiatives such as the Productivity Solutions Grant support SMEs with subsidized POS installations (up to 50% funding from April 2023), increasing merchant acceptance.

Chinta concludes: “Credit and charge card payments in Singapore are poised for steady growth over the next five years, underpinned by the expanding e-commerce adoption, a well-developed payment infrastructure, attractive rewards and instalment offers, and robust regulatory support. The credit and charge card market is expected to grow at a CAGR of 7.8% between 2025 and 2029 to reach SGD144.2 billion ($109.1 billion) in 2029.”

Notes

Quotes provided by Poornima Chinta, Senior Banking and Payments Analyst at GlobalData
Information is based on GlobalData’s Payment Cards Analytics

About GlobalData

GlobalData operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change. By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what’s coming, move faster, and lead with confidence. Our solutions are used by over 5,000 organizations across the world’s largest industries, delivering tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/economy-singapore-credit-and-charge-card-payments-to-grow-by-9-2-in-2026-forecasts-globaldata/

Opinion: without law change, more fatal dog attacks will occur

Source: Auckland Council

As published by NZ Herald in February 2026

By Councillor Josephine Bartley, Chair of the Regulatory and Safety Committee

Like most people, I was extremely sad to read about last week’s fatal dog attack in Northland – the fourth in the country in four years.

In my role as the chair of Auckland Council’s regulatory and safety committee, I hear about vicious dog bite injuries from our staff regularly: toddlers who will never smile in the same way again, adults whose limbs are so badly mauled they require amputation and older people whose bodies won’t heal like they used to. I know how brutal dog attacks can be and the trauma they leave on victims.

I also felt frustration. Just hours before the news broke, our staff received a letter from the Department of Internal Affairs. It was a response to yet another plea from the council to work with us on updating New Zealand’s 30-year-old dog control laws – changes that could help prevent attacks like the one that killed Mihiata Te Rohe.

Escalating problems in Auckland 

In Auckland, we have not yet lost a life to a dog attack, but our Animal Management staff fear getting that call every day. Since 2021, the number of roaming dogs and reported attacks has climbed steeply – a flow-on effect of Covid lockdowns, when there was a boom in puppy ownership and a corresponding lack of desexing and socialisation. Throw in a cost-of-living crisis and we are left with a large population of dogs whose owners lack either the means or the will to care for them properly.

The council is doing everything it can to keep our region safe. In the past year, we have invested an extra $10 million into tackling dog-related issues: expanding shelter space, bringing on more staff and standing up an in-house vet service to ramp up free desexing of dogs in high-risk areas. These initiatives go well beyond the council’s core remit as a regulator, but the council is doing its best to reduce the risk to our communities with the tools available.

Last year, Auckland Council impounded a record 10,000 dogs, only half of which were claimed by owners. And while council staff, along with many rescue groups, are doing their best to rehome dogs where possible, many dogs have significant behavioural issues that mean they cannot be safely rehomed. There are also many more dogs than there are people willing to adopt. High euthanasia rates are the last thing our staff of dog-lovers want to see happening, but there is literally nowhere for these dogs to go.

Efforts not enough to curb trends

Despite the staff doing all they can, our streets still aren’t safe. Every day, Animal Management gets around 100 requests from the public for help with dog-related issues, most related to roaming dogs, which carry the risk of turning into attacks. I hear about people in our communities being scared to walk to school or the shops, and those experiencing blindness being unable to access guide dogs because the risk to them is too high. I’ve even witnessed my own senior shih tsu, Milo, being badly injured in an attack while I was walking him in Glen Innes.

As challenging as the situation in Auckland is, we are fortunate to be relatively well resourced compared with other regions across the country. There are councils facing the same pressures with far less capacity to respond, and that is why we are leading the charge for national reform. Introducing a local bill (as has been suggested) is not the right solution as these issues are not unique to Auckland. Nor do we need additional guidance or reporting. We need law change.

Law reform must come next

The Dog Control Act 1996 has not had a substantial review in almost 30 years and is no longer fit for purpose. Auckland Council has carried out significant policy work, backed up by years of data, and come up with clear, practical changes that could be enacted quickly – measures people might be surprised to learn are not already in place. Allowing councils to desex roaming dogs that pass through shelters, for example, or to require owners of dogs that repeatedly roam to install secure fencing.

We also need stronger powers to detain or seize dogs that pose a threat. Under current law, it is very difficult for councils to seize dogs, or to detain claimed dogs past a seven-day holding period, even when it is clear they’re going to offend again. Even after attacks, in many cases, they must give the dogs back to their owners, the alternative being a lengthy and costly prosecution process that can take years to go through the courts.

Despite last week’s letter, we are hopeful that the Government is now reviewing this position. I was pleased to hear the Prime Minister’s comments on RNZ on Monday morning – which followed three more people being critically injured in Christchurch in a dog attack over the weekend – when he said the Government will do what it can to give councils more powers.

As well as the loved ones of Mihiata Te Rohe and the wider Kaihu community, I feel for our neighbours at Kaipara District Council. I know they’ll be gutted that they couldn’t have done more to prevent Tuesday’s death. But here’s the hard truth: until we overhaul our outdated dog control laws, there will be an increasing number of tragedies like this one. The kind our officers can often see coming and still lack the power to stop.

Read original article on NZ Herald (Premium). 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/opinion-without-law-change-more-fatal-dog-attacks-will-occur/

Opposition leader Chris Hipkins says US-Israel strikes illegal

Source: Radio New Zealand

The Prime Minister admitted he “misspoke” when he said New Zealand supported “any actions” to prevent Iran having nuclear weapons.

The Prime Minister has admitted he “misspoke” when he said New Zealand supported “any actions” to prevent Iran having nuclear weapons.

Christopher Luxon also said New Zealand will not join the conflict.

At his post-Cabinet press conference on Monday, Luxon said successive governments have had a longstanding position that any action that stopped Iran from getting a nuclear weapon, from sponsoring terrorism, and from stopping them killing there own people was “a good thing.”

On Tuesday, Luxon described his comments as meaning New Zealand had long supported actions to prevent Iran from getting “its hands on nuclear weapons” and actions to stop the country sponsoring terrorism and repressing its people, but said “obviously, not any action.”

He said that was any action, but not “at any cost.”

Referring to the example raised of carpet bombing Iran, Luxon said “clearly that is not what we want to see.”

When asked how he made the error, given he repeated “any action” multiple times on Monday, Luxon said “I just said to you, I misspoke,” and passed on apologies.

Labour leader Chris Hipkins believes the strikes were illegal. RNZ / Mark Papalii

Labour leader Chris Hipkins said it was good that the Prime Minister had admitted he misspoke.

“Words matter – to quote our Foreign Affairs Minister – and in this particular instance words matter a great deal,” Hipkins said.

“Adherence to international law shouldn’t be a matter of discretion, it should be something we expect all countries to adhere to.”

“It’s a no” – Luxon rules out New Zealand joining strikes

Asked whether New Zealand would join the United States in this instance, Luxon confirmed it would not.

“It’s a no from me, and we haven’t been asked to, and I think we’re unlikely to do so as well.”

Luxon reiterated his comments from Monday, in which he said New Zealand was not party to the information that led to the strikes, and would also not speak about US President Donald Trump’s judgement when it came to conflict.

Hipkins welcomed the Prime Minister’s decision to rule out joining in the United States’ actions.

“I would prefer that the New Zealand government continued to take a very principled stance in saying we’re actually opposed to this bombing campaign, because it is a violation of international law, and New Zealand has a lot of reasons to want the rest of the world to be adhering to international law”

Iran and Israel have continued to trade strikes since joint US and Iran airstrikes killed Iran’s Supreme Leader Ayatollah Ali Khamenei on Saturday.

US President Donald Trump has warned that bigger strikes are to come, and says the conflict could drag out longer than the four to five weeks he initially planned.

New Zealanders in Iran are urged to leave if it is safe to do so, and register on SafeTravel.

Luxon confirmed that 2150 New Zealanders were registered.

On Morning Report, Hipkins disagreed with the Prime Minister’s stance that it was not New Zealand’s place to comment on the legality of the strikes.

Hipkins said he believed the strikes were illegal.

“I think New Zealand government seems to be moving away from what has been a long-standing and principled approach to these issues,” he told Morning Report.

“We have been very clear that we think international law matters, and that all parties to these sorts of conflicts should follow international law. That’s not the case here.”

He said it is important that our government speaks with authority and in favour of international law.

“New Zealand’s government should stand up for the international system of rules that we rely on for our own security as a country,” Hipkins said.

“If the situation becomes that the countries with the most power can do whatever they like regardless of what international law says, that’s very bad news for a small country like New Zealand.”

Green Party co-leader Marama Davidson said the latest conflict in the Middle East endangered the rules-based order New Zealand relied on.

“The idea that we can start encouraging and allowing other countries to invade just because we don’t like their leaders is an incredibly dangerous take for this Prime Minister to support.

“He needs to be up front and declare whether he supports the rule of law, whether he supports countries in the world just willy nilly being able to decide, on vibes, whether they can invade or not.

“That’s really dangerous. That puts us and regions of the world in a really unsafe position.”

ACT leader David Seymour. RNZ / Mark Papalii

Deputy Prime Minister and ACT leader David Seymour is backing Luxon’s stance on the US-Israel attacks on Iran.

“One thing he’s noted that’s important is that New Zealand does not have all of the information that the US and Israel have used to justify their actions,” he told RNZ’s First Up on Tuesday. “So, we could spend a lot of time with New Zealand trying to be precise in its position, but I don’t think that’s what the world’s waiting for.”

He said as a result of the strikes, Iranian girls will have an opportunity to “dress as you like, go to school, do things that are normal rights that have been withheld from them by this regime”.

“And finally, for them in Iran and also for all of us around the world, it’s critical that trade is able to continue and resume so that we don’t face price shocks and even more economic peril. Those are the things that I think are important.”

Seymour would not say if he expected advance warning from allies like the UK if New Zealand troops at allies’ bases in the region were in danger.

“That’s something that we constantly talk about with our allies, but I think it’s safe to say that whatever we may or may not be doing won’t be helped by me announcing it on New Zealand radio…

“Clearly, the safety of New Zealand personnel is critical, and whatever moves might or might not be afoot, we’re not going to discuss publicly.”

Foreign Affairs Minister Winston Peters said New Zealand was not given any advance notice of the attack on Iran, and has again urged New Zealanders to leave if it is safe to do so.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/03/opposition-leader-chris-hipkins-says-us-israel-strikes-illegal/

Local News – Porirua lightboxes to show off new art

Source: Porirua City Council

The lightboxes in Porirua’s CBD will be showcasing new works this year.
The call has gone out for curators and artists to put forward their work for the lightboxes, which provide a unique opportunity to exhibit outside the usual gallery environment. In Porirua’s Te Manawa, the three 3-metre tall lightboxes, made of steel and glass, first installed in 2022, run from Hagley St through to Ferry Place.
Artist Sherridan Kanavatoa, whose work Don’t Touch My Hair was placed in one of the lightboxes in 2023, says the opportunity for her work to be in such a public place has been special for her.
“Having the opportunity to show a body of work in my hometown has been like a love letter to home and to pursuing a creative career,” she says.
“Porirua is full of creative innovators, so I can’t wait to see whose work is installed next.”
Pātaka Director Ana Sciascia says showing off promising artists like Sherridan is why the lightboxes were so prominently placed.
“They make art accessible to everyone in their daily lives. It’s been wonderful having Sherridan’s work exhibited, she has such an exciting future.”
The deadline for proposals for 2026/27 installations close 27 March and should include:
-Your proposed exhibition concept and themes, including how the work to be exhibited will look
-Images, including 3-4 of the artworks mocked up in situ. This is important so we can understand how the artwork will look once in place
-How the art will work with the site and be relevant to the audience
-Information on involved curator(s) and artist(s), including CVs
-Any relevant images of previous work by the artist.
Any proposals must be submitted via email as a PDF to exhibitions@poriruacity.govt.nz
If you wish to discuss your proposal further, please contact the curatorial team at Pātaka.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/local-news-porirua-lightboxes-to-show-off-new-art/

Aviation Sector – Airways NZ announces FY26 interim results

Source: Airways New Zealand

Airways New Zealand has today announced its interim results for the half year ending 31 December 2025, reporting strong safety and operational performance alongside a stable financial result.

Airways safely managed 243,785 flight movements across the airspace it controls during the period, with no Category A serious air proximity events attributable to Airways and no WorkSafe notifiable safety events involving its people.

The air navigation services provider recorded a net operating profit after tax of $12.2 million for the half year. The financial result reflects lower expenditure for the period, with operating costs reduced through lower employee related, equipment, travel and corporate expenses. Capital expenditure was also below budget, primarily due to timing delays across several major programmes. These timing shifts are expected to ease as key milestones are reached early in 2026, bringing spend back in line with budget.

Airways Chair Darin Cusack says performance over the reporting period demonstrates continued progress against long-term strategic priorities.

“Safety remains at the centre of everything we do and our performance over the last six months is a testament to the professionalism of our people and the strength of our safety systems.

“We are pleased to report a stable financial result supported by prudent cost management. These foundations position us well as we continue investing in the capabilities needed for a resilient, future ready aviation system,” he says.

Alongside strong operational performance, Airways continued to advance the ‘build’ phase of its 10‑year Safe Skies Today and Tomorrow strategy, Airways CEO James Young says.

Key initiatives underway include the development of a remote aerodrome flight information service for Milford Aerodrome, the rollout of enhanced tower surveillance capability, and a clean slate review of managed airspace architecture to leverage modern surveillance and air traffic management technologies.

“We are making strong progress across our future services programme and broader strategic initiatives. These include enhancements to system resilience, modernisation of our airspace architecture, and continued development of our people and technology capabilities,” Mr Young says.

Collaboration with industry partners and government agencies continues to be central to this work, ensuring we can meet the evolving needs of all airspace users.”

Airways International Limited (AIL), the Group’s commercial subsidiary, also advanced its growth strategy during the period, including strengthened partnerships and new multi‑year agreements for training and simulation services.

The report is available to read here: https://www.airways.co.nz/assets/Uploads/Airways-New-Zealand-Interim-Report-December-2025.pdf

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/aviation-sector-airways-nz-announces-fy26-interim-results/

Health – New leaders appointed to expand radiology access across New Zealand

Source: RHCNZ Medical Imaging Group (the owner of Auckland Radiology, Bay Radiology and Pacific Radiology)

RHCNZ Medical Imaging Group (the owner of Auckland Radiology, Bay Radiology and Pacific Radiology) has appointed two new executive leaders to help expand access to diagnostic imaging across Aotearoa. The company operates more than 70 clinics nationwide.
RHCNZ CEO, Steve Carden, says the appointments strengthen leadership at a critical time, with demand for medical imaging continuing to rise.
“As imaging demand grows, we’re investing in the two areas that make the biggest difference for patients: strong partnerships across the health system and a highly supported workforce. These appointments help us continue improving access to timely imaging and delivering consistent, high-quality care across the country.”
Nic Johnson has been appointed Chief Commercial Officer, responsible for driving partnerships across the health sector and supporting long-term growth. His focus includes expanding clinic access, deepening engagement with referrers, and strengthening relationships with key funders to meet growing demand for timely imaging.
Nic brings more than 15 years’ experience in New Zealand’s health sector, including leadership roles at ACC, Southern Cross Insurance and New Zealand Health Group. “My focus is on making it easier for people to get the imaging care they need, with shorter wait times and more services available closer to home. When we work closely with partners across the health system, patients benefit through a smoother, more connected experience. I’m proud to support improvements that help communities across Aotearoa access timely, high-quality care,” says Nic.
Nicola Simpson has been appointed Chief People Officer, after an extensive executive career at TVNZ, Fletcher Building and Icebreaker. Her remit includes organisational and leadership development, talent, communications, and health and safety. She will play a key role in supporting a strong, high-performing radiology team across the national network. “Our people are at the heart of every patient experience. To ensure our patients receive the best care and attention, our teams need to feel valued and equipped to do their best work. I’m excited to work with our leaders to keep enhancing our ability to provide a service that New Zealanders can trust,” says Nicola. 
About RHCNZ Medical Imaging Group RHCNZ Medical Imaging Group is New Zealand’s largest private radiology provider, delivering over 35% of the country’s radiology services. With over 180 specialist radiologists and more than 1300 staff working across a network of over 70 clinics nationwide, RHCNZ operates under three trusted brands – Auckland Radiology Group, Bay Radiology, and Pacific Radiology Group. Our mission is to improve health outcomes for all New Zealanders through the delivery of world-class radiology. RHCNZ stands for Radiology Holding Company New Zealand. 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/health-new-leaders-appointed-to-expand-radiology-access-across-new-zealand/

EIT remembers honorary graduate and business leader Sir Selwyn Cushing

Source: Eastern Institute of Technology

45 seconds ago

EIT is remembering Sir Selwyn Cushing, a prominent Hawke’s Bay business leader and honorary graduate, following his recent passing.

Sir Selwyn passed away on February 10, aged 89. He was awarded an honorary Bachelor of Business Studies by EIT in 2000, recognising his outstanding contribution to business and his strong support for education in Hawke’s Bay.

EIT Sir Selwyn Cushing was awarded an honorary Bachelor of Business Studies by EIT in 2000 in recognition of his contribution to business and education in Hawke’s Bay.

He was appointed a Companion of the Order of St Michael and St George (CMG) in 1994 for services to business management and was made a Knight Companion of the New Zealand Order of Merit in 1999 for services to business, sport, and the arts.

Hastings Deputy Mayor Michael Fowler, who was a senior accounting lecturer at EIT from 1997 to 2018, said Sir Selwyn would be remembered not only for his professional achievements, but also for his character and commitment to the region.

“He was a really humble, honest man that loved Hawke’s Bay,” Michael said. “He never lost his down-to-earth roots.”

Sir Selwyn was a natural choice to receive the honorary degree when EIT began conferring its own Bachelor of Business Studies qualifications, Michael said.

“We were awarding our own Bachelor of Business Studies degrees for the first time in 2000, and I came up with the idea that he should be awarded an honorary BBS because he was one of our foremost business leaders in Hawke’s Bay.”

Sir Selwyn’s connection to education began early in his career. He qualified as a chartered accountant at just 19, becoming the youngest person in New Zealand to do so, and later taught accounting through the former night school system to support others entering the profession.

“He had a passion for education and believed in education. He taught accounting at night school because he wanted to help other people.”

Michael said Sir Selwyn was deeply honoured to receive recognition from EIT, reflecting both his professional achievements and his strong connection to the region.

“He was absolutely thrilled to receive it,” he said. “He was a Hawke’s Bay man and was proud that education had developed to the point where you could qualify to be an accountant at a polytechnic in Hawke’s Bay.”

John West, EIT Executive Dean, Faculty of Commerce and Technology, said: “EIT is glad to have been able to recognise such an important Hawke’s Bay leader through the award of an honorary degree. Sir Selwyn leaves a business legacy, not only through our region but national and internationally.”

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/eit-remembers-honorary-graduate-and-business-leader-sir-selwyn-cushing/

New neonatal unit for Hutt Hospital to boost local capacity

Source: New Zealand Government

Construction on a new neonatal unit at Hutt Hospital will begin in April, expanding specialist care for newborns in the Hutt Valley, Health Minister Simeon Brown says.

“Welcoming a baby who needs specialist support can be an anxious and unsettling time for families. We want parents to be able to focus on their newborns’ recovery and wellbeing, without the added disruption of travelling outside their community to access the care they need.

“The current neonatal unit at Hutt Hospital no longer meets demand, with some families needing to be transferred to Wellington Hospital due to limited space.

“This $10.5 million investment will increase the unit’s floor area by 61 per cent and expand capacity from 12 to 14 cots, allowing more babies to receive specialist care in the Hutt Valley.

“The new unit has been designed to reflect modern models of neonatal care, with enhanced infection prevention and control, improved clinical workflows, and greater privacy and comfort for families. It will provide a more functional environment for our most vulnerable patients.”

Local MP Chris Bishop says strengthening local hospital capacity is important for the Hutt community.

“This new neonatal unit will mean more newborns can receive specialist care right here in the Hutt Valley, surrounded by their parents, family, and wider support networks. Families will spend less time travelling and more time focusing on their baby’s recovery and wellbeing.

“It’s an important step in supporting our growing communities and ensuring families can access quality health services close to home, when they need them most.”

Construction is expected to begin in April 2026, with the new unit scheduled to open in mid-2027.

“We are focused on ensuring health infrastructure keeps pace with community need and population growth, and that it is designed with patients at the centre, including our smallest and most vulnerable babies.

“This new neonatal unit will give parents in Hutt Valley confidence that specialist neonatal care will continue to be available close to home, both now and into the future,” Mr Brown says.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/new-neonatal-unit-for-hutt-hospital-to-boost-local-capacity/

No goal: Rider strikes trouble trying to blend in

Source: New Zealand Police

A motorbike rider who fled from Police before attempting to hide as an unsuspecting football fan will head to court.

Just after 6pm last night, Police were conducting speed patrols around the Huapai area spotted a motorcycle allegedly travelling at 110kph in a 80kph posted speed zone on State Highway 16.

Auckland Motorways Manager, Senior Sergeant Bill Russell says Police attempted to conduct a vehicle stop however the motorcycle fled.

“No pursuit was initiated, but the Police Eagle helicopter was able to quickly get overhead.

“The crew has then spotted the rider entering the Huapai Domain where he has allegedly parked on the footpath and attempted to blend in with football fans watching a game.”

Unfortunately for the rider he was swiftly taken into custody.

“We are committed to keeping people safe on our roads and individuals who chose to drive or ride in a reckless or dangerous manner will be held to account.”

A 32-year-old man has been charged with failing to stop and will appear in Waitākere District Court on Friday.

ENDS.

Holly McKay/NZ Police

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/no-goal-rider-strikes-trouble-trying-to-blend-in/

Call for deer sightings as removal operation gets underway

Source: NZ Department of Conservation

Date:  03 March 2026

Coromandel has traditionally been deer-free and is not a recreational deer hunting area. However, aerial surveillance conducted by DOC in 2025 revealed a deer herd – prompting a new work programme to remove the animals from the southern tract of the Coromandel Forest Park.

DOC’s Hauraki-Waikato-Taranaki Regional Director Tinaka Mearns says the surveillance confirmed a staff suspicion deer were in the forest park – and acting decisively to remove them is essential.

“Deer damage native forests by feeding on forest plants, trees, and seedlings. This has a flow on impact to resilience of the forest and land stability.”

“For some time, DOC and its partners have strived to keep Coromandel deer-free. We aim to maintain the wild-deer-free area to reduce pressure on native plants and habitats.”

In Coromandel, deer presence is a particular concern as the animals are a suspected vector for kauri disease. Coromandel has thousands of taonga kauri, and the disease is already present in some locations – so stopping its spread is vital.

Work to remove the deer will start this month, with communication to adjacent landowners, Tinaka says.

“For wild deer management operations to be effective we need to work across both public and private land.

“Landowners will be notified prior to the start of hunting operations. We’ll also ensure we obtain a written permission from landowners to carry out our deer management operations on their properties.

The first phase of work will include further surveillance work by experienced contract hunters.

“The surveillance will determine the presence and distribution of the deer, and will be followed by targeted hunting to remove the animals.”

Landowners can help by immediately reporting any fallow and red deer they encounter on their properties as soon as possible so we can arrange for a quick hunter response.

People going about usual activities such as farming or pig hunting can also shoot any deer they see in Coromandel Forest Park or on adjacent land (with permission), if safe to do so. DOC would welcome information on these types of deer encounters or removal.

The general public and visitors naturing in the forest park can help by reporting deer sightings in the southern area of the Coromandel Forest Park to 0800 DOC HOT.

The work starting this month will also ascertain if the deer have established a breeding population, and what ongoing resource will be needed for eradication.

“With the ongoing commitment of resource, and the support of landowners and the wider public, we believe we can remove this deer herd from Coromandel,” Tinaka says.

“This work is important to prevent long-term ecological damage and reduce future management costs to keep Coromandel deer-free.”

Contact

For media enquiries contact:

Email: media@doc.govt.nz

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/call-for-deer-sightings-as-removal-operation-gets-underway/

Experts pinpoint 14 ways CRL will bring value for Aucklanders

Source: Auckland Council

There is a lot of chatter, commentary and excitement ahead of the City Rail Link (CRL), but for some Aucklanders the wide-ranging benefits of the new rapid transit network remain a mystery. 

Opening in the second half of this year, CRL is Auckland’s ticket to becoming a truly international city. But how? Here is the answer in the words of the experts:   

Modern city 

‘The City Rail Link itself, the upgrade of station neighbourhoods, and the new CRL-enabled timetable will improve how the city moves, grows and competes. It will open up easy and efficient travel in and around the city for those further from the city centre, while connecting the likes of Pukekohe and Franklin with our urban population. Everywhere benefits.’ Read more from Councillor Andy Baker on the value of CRL for Aucklanders.

Efficiency 

‘This is the largest, most complex transport project undertaken in New Zealand for decades. It sets a benchmark. It will mean you’ll get to work faster in the morning, you’ll get home faster at the end of the day, and if you’re heading somewhere on the network on a Saturday night it will be a much more efficient and seamless trip.’ Hear more from Auckland Council Director of Resilience and Infrastructure, Barry Potter.

Value

‘This major infrastructure investment will deliver a significant return on the council’s 50% stake in the project, when it doubles the number of people experiencing a public transport journey time of 30 minutes or less into the city centre by train from opening day in 2026.’ Learn more from Auckland Council Principal Transport Advisor, George Weeks.

Walkability 

‘Incrementally, 21,000 more city centre residents, 17,200 more students and 37,000 additional (existing) jobs will be within a 12-minute walk of two new stations, once CRL is operational.’ Read this and more from George Weeks.

Productivity

‘Improved connectivity between people and jobs enabled by CRL will drive urban productivity. A more productive Auckland is not only more competitive in attracting people, skills, and investment; ultimately, it’s a more liveable place for everyone.’ Auckland Council Chief Economist, Gary Blick explains more on OurAuckland.

Housing

‘CRL makes transport-adjacent locations more accessible and desirable, improving the feasibility of high-density homes in these areas. This helps housing supply respond to demand and more housing should, over time, help moderate price growth’. Gary Blick shares more in this OurAuckland article.

Neighbourhoods

‘CRL is much more than a transport project – it’s a city-shaping investment. Station neighbourhoods create places that connect people seamlessly to jobs, learning, culture and daily life, while supporting a more walkable, resilient and low-carbon city centre. They are critical to unlocking the full value of the City Rail Link.’ Read this and more from Auckland Council Priority Location Director – City Centre, Simon Oddie.

Active modes

Two examples of new cycleway systems in CRL precincts: separated bike lanes along each side of Karangahape Road and new separated cycle lanes on Canada Street and East Street linking up with existing cycle routes such as Te Ara I Whiti – The Lightpath. Pitt Street and Vincent Street are also now linked into the cycle network.

And the second example: ‘Victoria Street West – on the doorstep of CRL’s Te Waihorotiu Station – is now a tree-lined section of street with one lane of vehicles in each direction, connected laneways, wide footpaths with places to sit and spend time, and a new cycleway.’ Read this and more from Simon Oddie.

Sustainability

‘The more people use the rail network and the more vehicles come off the roads, the more sustainable Auckland becomes.’  Barry Potter explains more in this article.

Tourism

Auckland competes in a highly dynamic global market for tourists and major events. CRL is tipped to give the city a new edge in both arenas. Fans will be able to travel from Henderson to a game at Go Media Stadium and from Glen Innes to a concert at Eden Park with a single train trip. Learn more from Tātaki Auckland Unlimited Director Destination, Annie Dundas.

Experience

‘When the stations open, I think people will be surprised with what they see. They are very beautiful, immaculate, 21st century structures of the kind we’re just not used to.’ Read this and more from George Weeks.

Investment catalyst

‘CRL’s new stations will drive quality development, just as Waitematā Station has in downtown. It will have a positive catalyst effect.’ Barry Potter explains more in this OurAuckland article.

Inclusion

‘Connectivity is essential for smaller and mid-sized cities (like Auckland) to harness economies of scale. There is a strong correlation in most (global) city benchmarks between transport infrastructure quality and access to good public services, air quality, responsible carbon emissions and social inclusion.’ Read the full 2025 State of the City Report.

Throwing more light on the optimism of these experts, business leader and NZ Herald columnist Cecelia Robinson says: “Infrastructure is optimism made physical.”

The City Rail Link (CRL) launch is a major highlight for the year ahead. City Rail Link information brochures are available in eight languages on the Auckland Transport website.

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/experts-pinpoint-14-ways-crl-will-bring-value-for-aucklanders/

World Wildlife Day: Medicinal and aromatic plants.

Source: NZ Department of Conservation

World Wildlife Day is celebrated every year on 3 March to celebrate and raise awareness about wild animals and plants. This year, the focus is on medicinal and aromatic plants. 

Today is World Wildlife Day

The date was chosen because the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) was signed on 3 March 1973. This global agreement uses permits to control the international trade of wild plants and animals, making sure it is legal and sustainable. 

Which New Zealand native plants have medicinal or aromatic properties?

New Zealand has many native medicinal plants (rongoā) such as kawakawa, mānuka, horopito, kūmarahou, harakeke, kōhūhū, hoheria and tōtara. We also have several aromatic native plants, including tarata (lemonwood), kānuka, mānuka, kopoti, kohukohu, fragrant hebe, and Olearia (tree daisy) species. 

These plants are increasingly used in local skincare products.  Kawakawa balm is popular for eczema and sensitive skin, and kūmarahou is valued for its natural, soap-like cleansing properties. 

Most of New Zealand’s medicinal and aromatic plants are not protected under CITES, because they are not currently threatened by international trade.

Kawakawa plant – Herb, Christophers

Which New Zealand Native plants are protected by CITES?

The only New Zealand native plants protected under CITES are orchids and tree ferns. The whole orchid family (Orchidaceae) and the tree fern genus Cyathea are listed globally. 

New Zealand has 26 genera and 118 species of native orchids. Orchids are used in beauty and health products overseas, but native orchids are not commonly used this way in New Zealand. 

Thelymitra cyanea – Christopher, Stephens

Cyathea has over 450 species, with many globally threatened by habitat loss, climate change, and overuse for horticulture. In New Zealand, there are seven native and one introduced Cyathea species. Only two species, found only on Raoul Island, are classified as at risk. 

The black tree fern (mamaku, Cyathea medullaris) and the silver fern (ponga, punga, Cyathea dealbata) are the primary native Cyathea ferns used in rongoā. 

Cyathea medullaris – Jacqui, Geux

Some trade has occurred in these species: 

  • Cyathea dealbata has been exported as live plants and sometimes logs to the UK, Europe, and China. 
  • Cyathea medullaris has been exported as live plants, powdered trunks, and tissue extracts, mainly to Europe and Japan. Powdered trunks have been exported to French cosmetic companies for use as exfoliants, and small amounts of plant fluid extracts have more recently gone to Australia, China, and France for use in health supplements. 

These exports were managed under CITES regulations. 

What medicinal and aromatic species are listed under CITES internationally?

Many medicinal and aromatic plants listed globally under CITES are available in New Zealand. 

Medicinal plants: 

  • American Ginseng (Panax quinquefolius): A North American plant – vulnerable to endangered, depending on the region. 
  • Goldenseal (Hydrastis canadensis): A vulnerable North American herb. 
  • Pygeum/African Cherry (Prunus africana): A vulnerable tree from central and southern Africa. 
  • Costus root (Saussurea costus):  Also known as Kuth or Aucklandia.  A critically endangered medicinal herb from the Himalayas. 
  • Dendrobium (Dendrobium):  A large genus of orchids, with many species used in traditional medicines.  At high risk because of habitat loss, climate change and illegal harvesting. 

Aromatic plants

Agarwood-producing species (Aquilaria): Trees from Southeast Asian rainforests that produce the fragrant resin agar (used in Oud perfume). Twenty-one species now classified from vulnerable to critically endangered. 

What can we do for World Wildlife Day?

Support our native medicinal and aromatic plants so they aren’t over-harvested, as has happened to many species overseas.  

  • Buy beauty and health products from trustworthy sources to make sure ingredients are collected responsibly.  
  • Check permit requirements when bringing or taking any CITES protected products across international borders. 

Find out more about CITES 

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/world-wildlife-day-medicinal-and-aromatic-plants/

Another wastewater leak hits Wellington

Source: Radio New Zealand

Wellington Harbour is off limits for swimmers with strong southerlies, rain and rough seas forecast to ease heading into Wednesday. Supplied

Wellington Water crews are responding to a wastewater leak on Marine Drive in Eastbourne.

The leak is from the main outfall pipe, which transports fully treated wastewater over 18km from Seaview to Pencarrow.

Because of the leak’s location, it’s likely that fully treated wastewater is entering the stormwater system and may be coming into contact with the coastline around 735 Marine Drive.

Wellington Water said the risk to public health remains low.

At this stage, Wellington Water estimates the repair will be completed by early next week.

It’s not the first wastewater leak in Wellington this year. On 4 February, Moa Point treatment plant failed catastrophically, sending about 70 million litres of untreated sewage to the sea daily.

It prompted Wellington Water chair Nick Leggett to resign on 15 February, saying stepping aside would allow Wellington Water to focus on fixing the problems and restoring public trust.

An independent government review would examine the causes of the plant’s failure.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/03/another-wastewater-leak-hits-wellington/

Beneficiaries responding to traffic light system, government says

Source: Radio New Zealand

RNZ / Quin Tauetau

The government says a new survey shows its traffic light system for those on a job seeker benefit is working as planned.

In August 2024, the coalition set up a traffic light system – alongside sanctions – for beneficiaries who don’t meet their obligations.

Social Development and Employment Minister Louise Upston said an evaluation had now found MSD clients were more on top of their job search responsibilities.

“Ninety percent of clients surveyed as part of the Ministry of Social Development’s latest evaluation said they found the traffic light system has been helpful for understanding their obligations, which include a range of activities towards finding employment.

“We’re also seeing nearly 99 percent of clients are fulfilling their obligations, along with a 10.6 percent drop in the number of sanctions issued between the September 2024 and September 2025 quarters.”

Upston said the traffic light system had been designed to reset expectations for those on welfare and it was clear the reset was working.

“The traffic light system ensures the welfare system is more integrated and helps jobseekers understand and navigate their obligations, helping them to be prepared, proactive and seize opportunities when they come along.

“Welfare is conditional on recipients meeting their responsibilities.”

Upston said the coalition remained committed to reaching its target of 50,000 fewer people on Jobseeker Support by 2030.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/03/beneficiaries-responding-to-traffic-light-system-government-says/

Traffic light system proves results

Source: New Zealand Government

An evaluation has found MSD clients are more on top of their job search responsibilities under the Government’s traffic light system, Social Development and Employment Minister Louise Upston says. 

“90 per cent of clients surveyed as part of the Ministry of Social Development’s latest evaluation said they found the traffic light system has been helpful for understanding their obligations, which include a range of activities towards finding employment,” Louise Upston says. 

“We’re also seeing nearly 99 per cent of clients are fulfilling their obligations, along with a 10.6 per cent drop in the number of sanctions issued between the September 2024 and September 2025 quarters.”

“The traffic light system was designed to reset the expectations for those on welfare and we now know this reset is having a big impact. 

“The traffic light system was introduced in August 2024 and uses traffic light colours to help beneficiaries stay on track with their obligations. The system was a cornerstone of our Government’s welfare system reset, which incentivises employment over welfare dependency.” Louise Upston says.

“The welfare system will continue to support unemployed New Zealanders into work as labour market conditions improve.

“Welfare dependency in New Zealand often begins when young and capable people don’t gain employment. 

“The traffic light system ensures the welfare system is more integrated and helps jobseekers understand and navigate their obligations, helping them to be prepared, proactive and seize opportunities when they come along. Welfare is conditional on recipients meeting their responsibilities.

“Our Government has invested heavily in a range of frontline services to help jobseekers stay on track with their obligations and support clients with complex needs” Louise Upston says. 

“We’ve already introduced a number of initiatives including phone-based employment case management service, more frontline staff for more contact with jobseekers, regular work seminars, increases to the number of community job coaches and the option of non-financial sanctions for some clients.” 

“In late 2025 we also announced a $1000 bonus for young people who move from community job coaching into work and stay off the benefit for more than a year. We’ve also improved the way MSD works with businesses. 

“Times have been tough, but the welfare system needs to be fair, firm and simple. We know jobs are out there and work will always be the best way for New Zealanders to support their families and get ahead in life. 

“We’re committed to fixing the basics and building the future and reaching our target of 50,000 fewer people on Jobseeker Support by 2030.”

The evaluation report is available here: https://www.msd.govt.nz/about-msd-and-our-work/publications-resources/evaluation/traffic-light-system/tls-evaluation-findings.html

MIL OSI

LiveNews: https://livenews.co.nz/2026/03/03/traffic-light-system-proves-results/

MWC 2026 | China Telecom President Liu Guiqing Delivers Keynote Speech

Source: Media Outreach

BARCELONA, SPAIN – Media OutReach Newswire – 3 March 2026 – On March 2 local time, the 2026 Mobile World Congress (MWC 2026) opened in Barcelona, Spain. China Telecom President Liu Guiqing attended the Congress and delivered a keynote speech entitled “The Transformation of a Large Telco to a Key Promoter in AI Era.”

Liu Guiqing stated that China Telecom is fully embracing AI and advancing its corporate strategy toward the “Cloudification, Digital Transformation and AI for Good” upgrade, consistently placing technological innovation at the core of its corporate strategy and driving the company’s transformation from a traditional telecommunications operator into a technology-oriented enterprise. China Telecom’s eSurfing Cloud has already become the world’s largest carrier cloud service provider and China’s largest hybrid cloud service provider, and is now stepping into a new phase of intelligent cloud development.

Liu Guiqing noted that, in advancing the commercial deployment of 5G networks, how to achieve industrial coordination and promote green, sustainable development is a question that operators around the world have been continually exploring. China Telecom and China Unicom have jointly explored 5G co-construction and sharing, overcoming a series of world-class technical and engineering challenges to build the world’s first and largest 5G SA co-built and shared network, providing invaluable experience for large-scale 5G deployment globally. The two parties have now shared over 1.54 million 5G base stations and over 2 million 4G base stations, cumulatively saving USD 56.5 billion in investment, reducing annual operating costs by USD 6.5 billion, and cutting carbon emissions by 13 million tonnes per year.

Liu Guiqing introduced that, in the era of AI, China Telecom is fully leveraging the operator’s integrated advantages in “computing power + algorithms + data” to build its core technology “Xirang” and construct a five-in-one intelligent cloud system encompassing “computing power, platform, data, models, and applications.” At the IaaS layer, it has built a computing power layout covering general computing, intelligent computing, supercomputing, and quantum computing, achieving three-dimensional coverage across all-optical networks, computing-power internet, mobile communications networks, and satellite networks. At the PaaS layer, it provides one-stop computing scheduling and AI development services. At the DaaS layer, it builds high-quality datasets and a trusted data circulation toolchain. At the MaaS layer, it independently develops AI large models, establishing leading advantages in the fields of semantics, speech, vision, and multimodal capabilities. At the SaaS layer, it builds standardized AI products and launches industry-specific large models and intelligent agent services. Simultaneously, it is actively building a mutually beneficial and win-win cooperative ecosystem and a security framework spanning models, data, and applications, releasing the “Jianwei” security large model and open-sourcing China’s first foundational security guardrail for large models.

China Telecom is advancing cloud-network integration to provide customers with integrated computing-network services offering ultra-strong computing power, ultra-low latency, and full-domain scheduling. It is continuously upgrading intelligent computing data center construction, with a total data center rack scale exceeding 590,000 racks. It is continuously upgrading fundamental network capabilities, building a millisecond-access computing network, deploying AIDC-centric inter-node networks and lossless intra-node networks, and completing the world’s largest 100G/400G all-optical network, reducing inter-hub node round-trip latency to 12 ms. It is continuously upgrading the integrated computing-network system — the Xirang integrated intelligent computing service platform — with schedulable computing power reaching 87 EFLOPS. The Triless platform architecture has been launched, achieving triple decoupling of resources, frameworks, and tools to provide users with flexible scheduling of cross-domain and heterogeneous computing power. China Telecom is also deepening “computing-power and electricity coordination.” In Shanghai, it has established the world’s first subsea data center, deployed directly on the seabed and powered directly by an offshore wind farm, with a green electricity utilization ratio exceeding 95% and electricity costs reduced by 50%.

China Telecom is working to become a provider of data and foundational large model services. It has built a Data Intelligence Middle Platform that aggregates proprietary, open-source, and third-party data — including 10 trillion tokens of telecommunications-industry data and over 350 TB of industry data spanning 14 sectors — to empower model training and applications, and to provide customers with dataset and annotation services. It independently develops the Xingchen large model system and the intelligent agent service platform, and actively introduces third-party foundational large models and various industry-specific large models to meet the needs of different industries and customers for large model selection and application scenario innovation, accelerating the drive toward more inclusive model services.

Liu Guiqing emphasized that only by continuously expanding the breadth and depth of applications can AI bring about qualitative change. China Telecom integrates AI into the core processes of its own network operations, customer service, and technology R&D, using AI to transform corporate workflows and comprehensively enhance operational efficiency. For example, in network operations, it has built a cohort of digital employees based on network large models to handle repetitive and foundational operational tasks, reducing the average monthly number of on-site repair visits by field technicians by 35%. Leveraging R&D large models, AI-generated code now accounts for 40% of all code produced, improving R&D efficiency by 20%. AI is comprehensively reshaping core services, with the development of a series of intelligent products including eSurf Smart Ring, eSurf IntelliHub, AI Cloud Computer, and AI Phone. For instance, the “eSurf IntelliHub” has reengineered the traditional “FTTR + IPTV” home service model, becoming the unified gateway for home AI and integrating full-scenario services including security and protection and healthcare. It is also driving AI empowerment of enterprise clients’ core processes, providing AI services to customers in industrial manufacturing, education, healthcare, and other sectors, facilitating the digital-intelligent transformation of the economy and society.

Liu Guiqing stated that operators inherently possess the resource endowments of extensive network connectivity and rich data scenarios. How to transform these core advantages into forward-looking core competitiveness in the era of AI is a question requiring in-depth exploration and collaborative resolution. Drawing on China Telecom’s own practice, Liu Guiqing put forward five proposals:

  1. 6G standard innovation and network deployment must fully account for the rapid development of AI. Global operators should consolidate industrial efforts to build a globally unified 6G standards framework. 6G standard-setting must proactively adapt to the rapid iteration of AI development, achieving deep integration between network connectivity and the intelligent engine.
  2. Cloud-network integration will play an ever greater role in the AI era. Global operators should fully leverage the core driving force of “cloud-network integration,” actively advancing the upgrade of DCs to AIDCs, providing customers with integrated computing-power interconnection and scheduling services, fulfilling the strategic mission of AI infrastructure providers, and building a solid computing-power foundation for AI.
  3. AI security governance will become a mandatory topic for global operators, and is also a watershed defining the strength of operational and service capabilities in the intelligent era. Security has become a vital cornerstone of AI — “no security, no intelligence.” Global operators must collaborate in governance, actively participating in the improvement of AI security governance frameworks, and steering the healthy and orderly development of AI in a beneficial, safe, and equitable direction.
  4. Computing-power and electricity coordination capability will become the key to the sustainable development of intelligent computing infrastructure. Global operators must jointly address the challenges posed by energy supply, coordinate and schedule computing-power resources, deepen computing-power and electricity coordination — strengthening computing power through electricity — and promote the integrated development of AI and green, low-carbon practices.
  5. The flourishing development of AI applications requires operators to open up and cooperate with greater force. Global operators should deepen communication and collaboration, promoting the open sharing of AI models and the inclusive prosperity of AI applications, so that the fruits of AI innovation benefit global industry partners.

Finally, Liu Guiqing stated that China Telecom is willing to use this Congress as a bond to join hands with GSMA and global industry partners, and together build a bright future for operator development in the era of AI.

Hashtag: #ChinaTelecom #LiuGuiqing #MWC2026

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

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

LiveNews: https://livenews.co.nz/2026/03/03/mwc-2026-china-telecom-president-liu-guiqing-delivers-keynote-speech/

Previously unknown faultlines discovered in Auckland

Source: Radio New Zealand

123rf

Dozens of previously unknown faultlines have been discovered under Auckland – and new work is set to find out if they are likely to cause quakes.

Scientists will soon start to dig trenches across some of the lines to see if they are active.

So far the discovery has not increased the known risk to the city.

One of the scientists, Auckland University senior lecturer James Muirhead, said any fault that had moved in the past 125,000 years was considered active.

Some of the faults could have been still for six million years – which meant they were technically not active. Others were suspected faults.

Muirhead’s team would begin by looking at some of the most likely – near Pukekohe or Drury in the city’s rural south.

Diggers would carve out four-metre deep trenches across the fault which would then be analysed to see how recently they had moved.

Likely faults, possible faults and possible structures identified in the study superimposed on a shaded relief map of Auckland and plotted alongside Auckland Volcanic Field centres and earthquake epicentres since 1988. Supplied

“So hopefully two years from now we have a really good answer to that question – whether these faultlines in Auckland are active and whether they represent a significant seismic hazard,” he said.

There was a common perception that Auckland was not very seismic but that was probably because it was compared with other places in New Zealand which was a very seismic country, he said.

It had actually experienced some significant events, like the 1891 Port Waikato quake which was strong enough to shatter windows in the city, he said.

The new potential faults were discovered when researchers analysed borehole samples.

“Basically holes that have been drilled around Auckland to look at how the sub surface has moved both up and down below our feet through time,” Muirhead said.

The team divided the lines into likely faults, possible faults and possible structures – lines that showed signs of ground movement but it was unclear why.

Two of the most prominent probable faults ran from the Waitematā to the Manukau harbours, one through Avondale, the other from Glendowie to Blockhouse Bay.

They had already been suspected but the latest research had shored them up and more accurately measured them, Muirhead said.

Some of the possible faults were around Northcote, Birkenhead and Wiri.

There were many more in the “possible structure” category which meant they needed a lot more investigation, such as in Sandringham, Newmarket and Ōtāhuhu.

The research said it was possible intense urbanisation could mask faults.

The report also revealed Auckland experienced more small earthquakes than previously thought, but Muirhead said that was likely because there was better monitoring.

The work has been partly funded by the Natural Hazards Commission which has highlighted them in its latest Resilience Highlights Report which looked into the impact of natural hazards.

The commission said even though major earthquakes remained unlikley, the findings could help decide how land is used as the city grew.

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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand

LiveNews: https://livenews.co.nz/2026/03/03/previously-unknown-faultlines-discovered-in-auckland/

Compax MVNE continues to support Airalo’s eSIM platform

Source: Media Outreach

VIENNA, AUSTRIA – Newsaktuall – 2 March 2026 – Compax, a leading solution provider in the MVNO and telco space, will continue to support Airalo, the world’s first and largest eSIM platform.

Airalo and Compax have extended their partnership for another five years, ensuring Airalo continues to run on the powerful Compax backend platform. This technology allows Airalo to quickly launch and manage data plans across more than 200 destinations. By using the Compax real-time charging system, Airalo can accurately track data usage and set custom pricing independently, without having to rely on the technical systems of local phone carriers. This total control ensures that Airalo can offer its 20 million users the most flexible and competitive travel eSIM rates on the market.

Compax is proud to support Airalo as it continues to launch new products and services, ensuring its 20M+ customers can stay connected seamlessly across more than 200 destinations, regardless of their travel plans.

“At Airalo, our goal is to provide our customers with reliable connectivity and a seamless experience. Extending our partnership with Compax MVNE for another five years ensures we have the technical foundation to keep that promise,” explained Peter Nussbaumer, VP of Networks at Airalo. “Compax MVNE’s platform gives us the independence to launch new products and manage complex global data plans in real-time, allowing us to stay agile and focus on what matters most: keeping our 20 million users connected, no matter where their journey takes them.”

“The Airalo team set out to transform the way travelers enjoy connectivity abroad forever and they are not falling short on their goal. It’s an absolute pleasure for us to be a part of their journey and assist them on their mission. Connectivity is at the heart of everything we do in our modern ways of life and the Airalo offering is perfectly tuned to that beat.” said Werner Kohl, CEO of Compax.

Hashtag: #CompaxMVNE

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

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

LiveNews: https://livenews.co.nz/2026/03/03/compax-mvne-continues-to-support-airalos-esim-platform/

Green SM Named “Best EV Carpooling App” In the Asia-Pacific Region

Source: Media Outreach

Ho Chi Minh, Vietnam – Media OutReach Newswire – 2 March 2026 – GreenSM has been honored at the Sensor Tower APAC Awards 2025 with the title of “Best EV Carpooling App.” The annual awards program, organized by global digital intelligence firm Sensor Tower, recognizes mobile applications demonstrating outstanding performance across the AsiaPacific region.

Sensor Tower honored Green SM as the “BEST EV CARPOOLING APP” in the Asia-Pacific region. (Photo source: Sensor Tower)

Award recipients are evaluated entirely based on independent performance data, including key indicators such as downloads, monthly active users (MAU), growth rates, in-app purchase revenue, and user engagement. These metrics reflect sustained operational effectiveness and performance over time. Green SM’s recognition not only marks a breakthrough for the brand but also demonstrates consistent growth and sufficient operational stability to be recognized at a regional level.

According to the published results, Green SM achieved 114.4% year-on-year MAU growth in 2025 and ranked No. 1 in downloads among EV-focused carpooling platforms in the region. This performance reflects steady expansion across the company’s operating markets, including Vietnam, Laos, Indonesia, and the Philippines.

Behind these growth figures lies a systematically built operational foundation. Green SM maintains that growth is only sustainable when accompanied by the ability to deliver consistent service quality across all operating markets. Scaling its electric fleet while ensuring a uniform and reliable user experience has remained a central priority throughout the company’s development.

This operational stability benefits both sides of the platform. Passengers experience transparent, dependable services, while the Green Driver community operates within a clearly structured, long-term-oriented work environment. For Green SM, growth and quality control are pursued in parallel as two core pillars of sustainable development.

Mr. Nguyen Van Thanh Global CEO of Green SM stated: “Recognition through an independent data evaluation system affirms that the fully electric mobility model we are pursuing is on the right track. More important than growth speed is the trust we earn from users in every market where we operate. That trust motivates us to continuously refine our fully electric mobility model, ensuring stable operations, structured technology deployment, and sustainable long-term development.”

In the context of an increasingly competitive mobile application landscape, recognition grounded in independent performance data demonstrates that Green SM’s growth is built on a structured, scalable operational platform. The ability of an electric mobility model to achieve strong regional growth while maintaining consistent service quality confirms that this is no longer an experimental alternative, but a practical direction for modern urban transportation.

Previously, Green SM was also honored at the VnExpress Tech Awards 2025 with the titles “Outstanding Ride-Hailing App” and “Vietnamese Tech Brand of the Year,” and received the “CXP Best Customer Experience Award,” which recognized its implementation capabilities and consistent operational standards across the system.

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LiveNews: https://livenews.co.nz/2026/03/03/green-sm-named-best-ev-carpooling-app-in-the-asia-pacific-region/