The Hong Kong Transport Department has awarded Serco two six-year contracts with a combined value of $164.36 million to manage, operate and maintain four key tunnels. Under an $84.82 million contract for the Shing Mun Tunnels and Tseung Kwan O Tunnel and a $79.54 million contract for the Kai Tak Tunnel and Lion Rock Tunnel,...
Tag: Civilian
US, India Partner on Strengthening Global Semiconductor Supply Chain
The U.S. Department of State and the Indian Ministry of Electronics and Information Technology have agreed to explore collaborative opportunities to create a more resilient, secure and sustainable global semiconductor ecosystem. The International Technology Security and Innovation Fund, which provides the State Department with $500 million over five years, and the India Semiconductor Mission, which...
US Includes Exceptions in Critical Tech Export Controls to Promote International Collaboration
The United States has included exceptions in a new interim final rule introducing worldwide controls on specific items to promote collaboration among its international partners in advancing critical and emerging technologies. The IFR requires submitting license applications for exports, reexports and in-country transfers of quantum computing items, advanced semiconductor manufacturing equipment, field-effect transistors and additive...
Chinese Inventors Involved in Over 1,000 Patent Grants, USPTO Data Shows
Data from the U.S. Patent and Trademark Office revealed that it granted 1,020 patents to Chinese inventors involved in U.S. government-funded research projects in sensitive fields, including semiconductors, biotechnology and nanotechnology, Reuters reported Friday. The USPTO submitted the data to the House of Representatives Select Committee on the Chinese Communist Party as lawmakers looked into...
Advisory Report: Iran-Based Ransomware Actors Targeting US, Foreign Organizations
A joint U.S. advisory from the FBI, the Department of Defense Cyber Crime Center and the Cybersecurity and Infrastructure Security Agency has identified Iran-based cyber actors conducting ransomware attacks on U.S. and foreign organizations. The cybersecurity advisory warned that the cyber actors, known as Pioneer Kitten, UNC757, Parisite, Rubidium and Lemon Sandstorm, perform ransomware and...
US, Canada Sign Consumer Privacy Enforcement Agreement
The United States and Canada have agreed to improve information sharing and law enforcement cooperation in protecting consumer privacy. The Federal Communications Commission and the Office of the Privacy Commissioner of Canada formalized the plan on Wednesday by signing a memorandum of agreement. Under the deal, the two nations aim to smoothen the exchange of...
US Unveils List of Critical Sectors, Key Goods for Consideration Under Indo-Pacific Supply Chain Agreement
The United States has listed the energy, health, and transportation and logistics industries and as critical sectors and semiconductors, aerospace components and nuclear energy materials as key goods for potential cooperation under the Indo-Pacific Economic Framework for Prosperity supply chain agreement. Under the IPEF agreement, all parties committed to creating such a list to be...
Updated CFIUS Website Provides Detailed Information on Foreign Investment-Related Penalties
Data from the newly updated website of the Committee on Foreign Investment in the United States showed that the civil monetary penalties imposed by the interagency committee increased threefold in 2023 and 2024 compared to previous penalty actions it has enforced since its establishment. Each penalty action listed on the website contains detailed information describing...