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  • MIL-OSI Russia: Over 20 schools in Delhi receive bomb threats emails

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    NEW DELHI, July 18 (Xinhua) — More than 20 schools in the Indian city of Delhi received bomb threats via email on Friday morning, prompting the schools to be evacuated and thoroughly searched.

    According to the latest reports, no bombs or other explosives were found in the schools.

    Threatening emails cause panic among security services. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: The final round of the Chinese stage of the WORLD MODEL 2025 competition kicked off in Ordos

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    On July 17, the Chinese final of the “WORLD MODEL 2025” competition kicked off in Ordos City, Inner Mongolia Autonomous Region, aiming to create a platform for the exchange of experience between the modeling industry and international partners, and promote the integration of the fashion industry and the specific cashmere industry of Ordos. 120 participants from 30 provinces and cities across the country gathered in the “capital of Chinese cashmere” to take part in a professional competition on a stage that combines technology and art.

    WORLD MODEL 2025 was founded in 1994 and is one of the three most famous modeling competitions in the world, with great influence and authority in the international fashion industry. In recent years, Ordos has developed rapidly in the fashion industry, showing a young and fashionable image of the city. The choice of Ordos as the location for the modeling competition is fully consistent with the characteristics of the city.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: China-Central Asia Fair Competition Policy Research Institute Opens in Xi’an

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 18 (Xinhua) — The China-Central Asia Fair Competition Policy Research Institute has been established in Xi’an, capital of northwest China’s Shaanxi Province, the provincial market regulation bureau said Friday.

    The opening ceremony of the institute took place on Wednesday afternoon at the Northwestern University of Political Science and Law, according to a statement posted on the official website of the aforementioned department.

    In his speech, Zhang Xiaoping, head of the department, called the establishment of the institute a key step to serve the Belt and Road Initiative and promote the development of an open economy in Shaanxi Province. According to him, in order to ensure the effective operation of the institute and enhance its influence, it is necessary to deepen research on competition policy and promote the realization of great results of institutional cooperation with Central Asian countries.

    It is necessary to innovatively build a system of service support for enterprises entering international markets to help enterprises from Shaanxi strengthen their positions in the Central Asian markets, he added.

    Zhao Wandong, secretary of the Party Committee of Northwest University of Political Science and Law, said the establishment of the institute offers a favorable opportunity to deepen theoretical innovation and practical research in the field of fair competition and antitrust regulation policies and promote the construction of a unified pan-China market. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Appointment of supervisory committee to conduct investigation into alleged misconduct of District Council member

    Source: Hong Kong Government special administrative region

         The Secretary for Home and Youth Affairs (SHYA), Miss Alice Mak, appointed a supervisory committee today (July 18) to investigate alleged misconduct of Tuen Mun District Council (DC) member Mr Kenneth Yip Kat-kong.
      
         The Chairman and three members of the Tuen Mun DC initiated an investigation into Mr Yip’s alleged misconduct pursuant to the District Councils Ordinance (Cap. 547) on July 15. The SHYA appointed a supervisory committee according to the Ordinance to conduct the investigation, and the five committee members are Mr Li Tak-hong, Ms Luparker Wong Shuk-fan, Mr Ng King-wah, Ms Janus Lau Yuen-yee, and Mr Lau Kar-wah. The supervisory committee will establish whether the facts on which the allegation is based are true; give its opinion on whether the established facts constitute grounds for imposing a sanction under section 72D of the Ordinance; and if there is ground for imposing a sanction, give its opinion on the appropriate sanction to be imposed on the DC member concerned. After completing the investigation, the supervisory committee will submit a report to the SHYA for consideration. The SHYA will make a decision after considering the report and announce such a decision in due course.
     
         Miss Mak said, “The Government places strong emphasis on the conduct and integrity of DC members, and they should conduct themselves in a manner that is in line with public expectations and commensurate with the reputation of the DC and its members. Under the Ordinance, the Government may investigate DC members’ misconduct and impose sanctions according to the performance monitoring mechanism for DC members to ensure that every DC member upholds their duties faithfully to serve the people.”
     
         Miss Mak continued, “The five members of the supervisory committee include one person who is not a DC member and four DC members from districts other than Tuen Mun. They have diverse backgrounds and rich district experience. The supervisory committee will handle the investigation in a robust, fair, just, impartial, independent and objective manner in accordance with the established mechanism.”
     
         The supervisory committee was appointed pursuant to section 72C of the Ordinance. In order to avoid impacting the impartiality of the supervisory committee’s investigation, the Home and Youth Affairs Bureau will not comment on the case during the supervisory committee’s investigation.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Hong Kong House at Echigo-Tsumari Art Field 2025 to stage in Tsunan, Japan, from tomorrow (with photos)

    Source: Hong Kong Government special administrative region

         The Hong Kong House at the Echigo-Tsumari Art Field 2025 – The Whispers of Stone, organised by the Art Promotion Office (APO) of the Leisure and Cultural Services Department, will be staged in Tsunan, Niigata Prefecture, Japan, from tomorrow (July 19) until November 9. This year’s Hong Kong artists of the exhibition, Chris Cheung and Sim Shum, create a whimsical space using water stones as a medium, alongside sound, light and painting, combining the ancient legend of “The Talking Stone of Weiyu” about “speaking stones” from the Spring and Autumn period. The exhibition intertwines the themes of nature and humanity in an art space of sight and sound, offering audiences an immersive sensory experience of the environment.
     
         The Echigo-Tsumari Art Triennale, held every three years, is one of the world’s largest international outdoor art festivals. With the support of the Tsunan Town Government and in collaboration with the Echigo-Tsumari Art Triennale Executive Committee and the NPO Echigo-Tsumari Satoyama Collaborative Organization, the APO has launched the Hong Kong House in Tsunan, Niigata Prefecture, Japan, since 2018, serving as a platform for artist residencies, exchanges and exhibitions.
     
         Cheung and Shum were deeply touched by the uniquely shaped water stones of the Shinano River in Echigo-Tsumari, and their art works whisper the stories found in the lyrics of folk songs from the two places, diffusing emotions and memories. They referenced Morse code to develop a language system for the water stones and created the ink art work “The Ode of Stone” and the light installation “The Shades of Stones”, facilitating interaction with audiences. The other two installations, “The Book of Stones” and “The Blessings of Stone” draw inspiration from the Japanese garden design concept “Suikinkutsu” and sacred stones.
     
         The artists will also organise workshops to guide participants in creating a light installation, projecting their inner thoughts into the space through light and shadows.
     
         In addition, the activity collaborator, Make A Difference Institute, will organise a community-based food culture project “Minna no Tsukemono”, inviting participants to taste preserved foods from around the world.
     
         For details of the exhibition, please visit the APO’s website www.apo.hk/en/web/apo/there_hkh2025_the_whispers_of_stone.html, or Hong Kong House’s Facebook at www.facebook.com/apo.hkhouse and Instagram at www.instagram.com/hongkonghouse.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: HYAB invites organisations to operate youth facilities

    Source: Hong Kong Government special administrative region

    HYAB invites organisations to operate youth facilities 
    As announced in “The Chief Executive’s 2024 Policy Address”, the HYAB will set up a physical platform for interaction for Youth Link members in the Nam Cheong District Community Centre and the adjacent Tung Chau Street Temporary Market, which includes youth facilities such as multifunction areas, a youth culture and creativity bazaar, and small-scale performance spaces. The goal is to provide a gathering place for ongoing interaction among Youth Link members and establish a base for implementing the Youth Development Blueprint measures to encourage communication and collaboration among the Government, the Youth Development Commission and young people participating in various youth development programmes.
     
    In addition, to strengthen support for unleashing the potential of young people, the HYAB will convert part of the Youth Square to establish a new interactive space for young people to gather for exchanges, to develop personal potential and participate in different activities. The HYAB will roll out the Good Stories of Hong Kong Youth Programme by reserving part of the Youth Square for setting up a video studio for young people to produce video clippings to promote good stories of Hong Kong youths, and providing relevant training on the production and filming of video clippings.

    The operating organisations of the youth facilities are required to organise on-site events during the operation period. Activities may include workshops, cultural performances, collaborative projects, seminars and youth-led initiatives. The operating organisations are also required to manage the facilities and food and beverage corners.
     
    Details of the projects, the application criteria and the briefing sessions are set out in the invitation of proposals, which is available on the HYAB website (www.hyab.gov.hk 
    The deadline for application is 5pm on August 19.
    Issued at HKT 15:00

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Speech by SCST at completion ceremony of Hong Kong Maritime Museum Jockey Club Anchor Plaza (English only)

    Source: Hong Kong Government special administrative region

    Speech by SCST at completion ceremony of Hong Kong Maritime Museum Jockey Club Anchor Plaza (English only) 
    Mr Hext (Chairman of the Hong Kong Maritime Museum, Mr Richard Hext), Mr Hunsworth (Steward of the Hong Kong Jockey Club, Mr Nicholas D Hunsworth), distinguished guests, ladies and gentlemen,
     
    Good morning. As they say, weathering choppy waters is perhaps the trick of the trade of the maritime industry. So, here we are, a trail to our professionalism. It is my great pleasure to join you all today at the completion ceremony of the Hong Kong Maritime Museum Jockey Club Anchor Plaza. Even despite the weather, it is worth taking a good look at our anchor and hearing what Richard will have to say later, introducing what the Anchor’s importance is.  
     
    Founded in 2005, the Hong Kong Maritime Museum has long been preserving and promoting the unique maritime history and culture of Hong Kong. As it approaches its 20th anniversary this year, the Maritime Museum’s journey has been remarkable. From its origins at Murray House in Stanley to its current home at Central Pier No. 8, the Museum has evolved into a cultural treasure, showcasing an impressive collection of maritime heritage, welcoming around 100 000 visitors every year, and establishing itself as a vital maritime landmark in Hong Kong over the past two decades. I am also glad to know that the Hong Kong Maritime Museum has been increasingly popular among tourists, with over 20 000 visitors from the Mainland of China and overseas recorded just last year.
     
    Today, I am delighted to witness the completion of the Hong Kong Maritime Museum Jockey Club Anchor Plaza, one of the Chief Executive’s Community Projects. This milestone, achieved after years of dedicated efforts, represents an exciting new chapter in the development of the Museum. Featuring a striking anchor about 7 metres high and a ship-like pavilion, the Anchor Plaza will provide a brand-new public learning space, inviting visitors to explore Hong Kong’s maritime culture while adding yet another vibrant attraction to the iconic Victoria Harbour. I believe that the Anchor Plaza will draw more people to come and appreciate Hong Kong’s unique history and culture as a port city.
     
    The next part of my speech is actually to give you an idea of what we give to have the museum and the support to the arts and culture scenes. But I think you would rather hear from Richard the story of the Anchor than listen to my speech. So I’m sure when I issue it as the press release, you will be able to learn about it.
     
    As you are all aware, the Government has been sparing no effort in fostering the development of arts and culture in recent years. Museums play an important role in preserving and disseminating cultural heritage. Apart from continuously improving public museum services, the Culture, Sports and Tourism Bureau and the Leisure and Cultural Services Department have been actively providing robust support for private institutions like the Hong Kong Maritime Museum. From thematic exhibitions like “Across Victoria Harbour” that revisit the past of Hong Kong, to the upcoming 2025 Forum for Asia-Pacific Maritime Culture to be held at the Museum, the Hong Kong Maritime Museum has played an integral role in enriching Hong Kong’s cultural landscape and fostering international cultural exchange that complements the Government’s work in a truly meaningful way.
     
    In addition to support from the Government, the successful completion of the great Anchor Plaza and the remarkable achievements of the Museum would not be possible without the dedication of the Hong Kong Maritime Museum team and the unwavering support from the Hong Kong Jockey Club, other patrons of the Museum, and the wider community. I would like to take this opportunity to express my sincere gratitude to everyone who has contributed to this project and to the ongoing growth of the Hong Kong Maritime Museum. Let’s join hands to make lasting contributions to the cultural development of Hong Kong.
     
    Let me wish the completion ceremony and the future of the Hong Kong Maritime Museum to weather through the choppy weather like right now, and I wish everybody a good day. Thank you.
    Issued at HKT 15:10

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Exam date provisionally set

    Source: Hong Kong Information Services

    The Government announced today that the sitting of the Common Recruitment Examination (CRE) has been tentatively scheduled for September 27.

     

    The CRE application process will open tomorrow and close at 11.59pm on August 1. Prospective applicants for civil service posts at the degree or professional level can apply.

     

    The next round of recruitment exercises for the posts of Administrative Officer (AO), Executive Officer II (EOII), Assistant Labour Officer II (ALOII), Assistant Trade Officer II (ATOII) and Management Services Officer II (MSOII) will begin in September.

     

    The Civil Service Bureau iterated that those who plan to apply for civil service posts at the degree or professional level in the near future must have the requisite CRE results and are advised to take part in this round of examination.

     

    The pool of eligible candidates for civil service jobs requiring an undergraduate degree has been expanded to students in their third year of undergraduate studies in a four-year curriculum.

     

    This means that those eligible to sit the examination include holders of a degree, or a professional qualification meeting the entry requirements of the posts, and university students graduating in the 2025-26 or 2026-27 academic year.

     

    Details about the upcoming CRE will be uploaded to the bureau’s webpage tomorrow.

     

    Candidates who are interested in applying for the above vacancies but have not attained a pass result in the Basic Law & National Security Law Test (BLNST) must separately apply and obtain a pass result before the specified date, ie November 29, in order to be considered for appointment.

     

    Additionally, for the convenience of those studying or residing outside Hong Kong, the CRE and the paper-based BLNST are tentatively scheduled to be held on November 29 in Beijing, Shanghai, London, New York, Toronto, Vancouver and Sydney. Applications will open later this year.

     

    Call the Civil Service Examinations Unit at 2537 6429 or email it for enquiries.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: SPC Jul 18, 2025 0600 UTC Day 2 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 180539

    Day 2 Convective Outlook
    NWS Storm Prediction Center Norman OK
    1239 AM CDT Fri Jul 18 2025

    Valid 191200Z – 201200Z

    …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS SATURDAY INTO
    SATURDAY NIGHT ACROSS PARTS OF EASTERN IOWA…SOUTHERN
    WISCONSIN…NORTHERN AND CENTRAL ILLINOIS AND INDIANA…CENTRAL AND
    SOUTHERN LOWER MICHIGAN…NORTHERN AND WESTERN OHIO…PARTS OF
    NORTHWESTERN PENNSYLVANIA AND WESTERN NEW YORK STATE…

    …SUMMARY…
    Strong thunderstorms, including one or two organizing clusters, are
    possible across southern portions of the Great Lakes region and
    adjacent portions of the Ohio Valley Saturday into Saturday night,
    with more widely scattered strong thunderstorm development across
    the northern Rockies into adjacent high plains.

    …Discussion…
    Models indicate that at least some amplification to the mid/upper
    flow across the northern tier of the U.S. is probable during this
    period. It appears that this will include digging troughing across
    the Pacific Northwest through northern Rockies, downstream of
    increasingly prominent ridging building across the northeastern
    Pacific. Farther east, troughing is forecast to dig across and to
    the east of the Great Lakes, in advance of significant troughing
    within a separate branch of westerlies, pivoting southeast of Hudson
    Bay.

    In lower levels, the better defined remnants of an ongoing cold
    frontal intrusion to the lee of the Rockies, perhaps aided by
    stronger differential surface heating during the day Saturday, may
    shift east of the middle Mississippi through the lower Ohio Valley.
    At the same time, a reinforcing intrusion of cooler and drier air is
    forecast to advance across and south of the Upper Midwest and Great
    Lakes, probably in the wake of a weak eastward migrating surface
    low.

    …Midwest through Great Lakes/Ohio Valley…
    Model depictions concerning synoptic and sub-synoptic features,
    including potential convective evolution remain rather varied. In
    general, it appears that low-level moistening ahead of the
    reinforcing cold front will contribute to moderate destabilization
    as far north as the southern Great Lakes during the day Saturday.
    On the southern fringe of the stronger westerlies, 30-50 kt flow in
    the 850-500 mb layer across southern Wisconsin and Lower Michigan
    into the lower Great Lakes will contribute to potential for
    organized convective development. This may include a couple of
    supercells and perhaps an upscale growing cluster. Although
    mid-level lapse rates may be modest, this may be accompanied by some
    risk for hail, in addition to strong to severe surface gusts and
    perhaps a tornado or two.

    Southwestward toward the middle Mississippi into Ohio Valleys,
    deep-layer mean wind fields are likely to be weaker, but shear
    beneath west-northwesterly mid-level flow may still support
    potential for organized thunderstorm development, in the presence of
    a seasonably moist boundary-layer becoming characterized by sizable
    CAPE with daytime heating. Forcing for this activity remains
    unclear, and probably will hinge on convectively generated or
    augmented perturbations migrating around the northern periphery of
    mid/upper ridging encompassing much of the central and southern tier
    of the U.S. to the east of the Rockies.

    …Lee of the northern Rockies…
    Downstream of the digging mid/upper troughing across the Northwest,
    moisture return to deepening lee surface troughing is forecast to
    contribute to at least a narrow corridor of moderate to large
    mixed-layer CAPE, in the presence of steep lower/mid-tropospheric
    lapse rates. Veering of winds with height probably will contribute
    to sufficient shear for organized thunderstorm development,
    including supercells, as widely scattered to scattered thunderstorms
    develop off the higher terrain into the high plains late Saturday
    afternoon and evening. It is possible that severe weather
    probabilities could still be increased in later outlooks for this
    period.

    ..Kerr.. 07/18/2025

    CLICK TO GET WUUS02 PTSDY2 PRODUCT

    NOTE: THE NEXT DAY 2 OUTLOOK IS SCHEDULED BY 1730Z

    MIL OSI USA News –

  • MIL-OSI USA: SPC Jul 18, 2025 0600 UTC Day 1 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

     For best viewing experience, please enable browser JavaScript support.

    Jul 18, 2025 0600 UTC Day 1 Convective Outlook

    Click to see valid 1Z – 12Z Day 1 Convective Outlook

    Updated: Fri Jul 18 05:45:27 UTC 2025 (Print Version |   |  )

    Probabilistic to Categorical Outlook Conversion Table

     Forecast Discussion

    SPC AC 180545

    Day 1 Convective Outlook
    NWS Storm Prediction Center Norman OK
    1245 AM CDT Fri Jul 18 2025

    Valid 181200Z – 191200Z

    …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS IN PARTS OF VA/NC
    AND NE/SD/MN/IA…

    …SUMMARY…
    Scattered severe thunderstorms with large hail, damaging winds, and
    a few tornadoes are possible across parts of the Corn Belt in Iowa,
    Minnesota, Nebraska, and South Dakota this evening into tonight.
    Scattered damaging winds are possible across parts of Virginia and
    northern North Carolina this afternoon.

    …SD/MN/IA/NE…
    A low-amplitude shortwave impulse along the international border
    over the northern Great Plains will progress across the Upper
    Midwest/Great Lakes and ON. A belt of seasonably strong mid-level
    westerlies should be centered this afternoon from central MN to Lake
    Huron. Elevated convection is expected to be ongoing at 12Z across
    parts of the eastern Dakotas into northern MN ahead of the mid-level
    impulse, amid a low-level warm theta-e advection regime. As this
    overspreads a preceding cool/dry surface airmass over the Upper
    Midwest, pronounced differential diabatic surface heating will
    strengthen a baroclinic zone across southeast SD bisecting IA to the
    southeast by late afternoon. Thunderstorm development in this time
    frame should be confined to along/northeast of the surface warm
    front across far eastern SD and southern MN. Large-scale ascent
    appears nebulous, but a strengthening low-level jet should aid in
    convection flanking to the southwest across the Mid-MO Valley during
    the evening. This may merge with high-based convection shifting east
    from western NE.

    Deep-layer shear will be sufficient for initial supercells that will
    probably grow upscale into multiple clusters and/or an MCS tonight.
    The latter may accelerate east-southeast for a time in the western
    IA vicinity before weakening during the early morning. A mix of all
    severe hazards are possible in this setup with hail being favored
    early and wind later. Moderately enlarged low-level hodographs
    should also support a tornado threat with any sustained supercell to
    QLCS evolution.

    …VA/NC…
    00Z HREF guidance supports scattered to numerous thunderstorms this
    afternoon with transient organizational structures that should be
    sufficient for a scattered damaging wind threat. This appears to be
    largely in response to the eastward progression of an MCV currently
    near the IN/OH/KY border. A compact belt of enhanced mid-level
    westerlies should overspread the northern periphery of ample MLCAPE
    emanating from the South Atlantic Coastal Plain. Multicell clusters
    that can progress towards a warmer/deeper boundary layer across the
    Piedmont and Coastal Plain should produce strong to sporadic severe
    gusts through early evening.

    ..Grams/Wendt.. 07/18/2025

    CLICK TO GET WUUS01 PTSDY1 PRODUCT

    .html”>Latest Day 2 Outlook/Today’s Outlooks/Forecast Products/Home

    MIL OSI USA News –

  • MIL-OSI USA: SPC – No watches are valid as of Fri Jul 18 06:48:01 UTC 2025

    Source: US National Oceanic and Atmospheric Administration

    Current Convective Watches (View What is a Watch? clip)Updated:  Fri Jul 18 07:05:06 UTC 2025 No watches are currently valid

    Archived Convective ProductsTo view convective products for a previous day, type in the date you wish to retrieve (e.g. 20040529 for May 29, 2004). Data available since January 1, 2004.

    MIL OSI USA News –

  • MIL-OSI: INVL Technology terminated agreement with investment advisor

    Source: GlobeNewswire (MIL-OSI)

    INVL Technology (hereinafter – the Company) notifiesthat on 17 July 2025 it terminated the agreement with a company of the Corum group, specifically, the Zurich branch of Luxembourg-based Corum Group International S.à.r.l., which was hired to assist INVL Technology in divesting of it‘s portfolio companies before the end of the envisaged investment period. Certain terms will remain in force for the 12 month period after the termination date (tail period).

    Despite the termination of the collaboration with Corum Group, the Company continues to actively pursue the sale of its portfolio companies. Negotiations with potential buyers are ongoing, and initiated processes are not being suspended. the Company will also launch a search for new investment advisors that have expertise in business divestments.

    The decision to terminate the collaboration with Corum Group was made to provide greater flexibility in exploring alternative strategic options for the sale of the portfolio companies.

    Additional information:

    INVL Technology, a company that invests in IT businesses, decided to terminate the contract with the Zurich branch of Corum Group’s Luxembourg-based unit Corum Group International on intermediary services in the divestment of INVL Technology’s portfolio companies on 17 July 2025. Certain terms of the agreement will remain in force for a 12-month tail period.

    “Notwithstanding the challenging economy and ongoing stagnation of B2B technology companies in Europe, the US and Canada, resulting in a less-than-ideal situation in the market for divesting businesses, we have interested parties, and we are continuing the sale process. We decided to terminate the contract with our current investment advisor in order to be able to explore other divestment possibilities. We are not halting the process and Corum Group will complete negotiation processes with the parties that have expressed interest in the portfolio companies. INVL Technology will seek for other exit opportunities,” says Kazimieras Tonkūnas, the Managing Partner at INVL Technology. “The portfolio companies are performing well, their results will be reflected in the report for the first half of the year which we will publish at the end of August.” 

    INVL Technology, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics, is a closed-end investment company.

    INVL Technology owns and manages the cybersecurity company NRD Cyber Security, the GovTech company NRD Companies, and the Baltic IT company Novian.

    The shares of INVL Technology are traded on the secondary list of the Nasdaq Vilnius stock exchange (INC1L).

    The person authorized to provide additional information:
    Kazimieras Tonkūnas
    INVL Technology Managing Partner
    E-mail k.tonkunas@invltechnology.lt

    The MIL Network –

  • MIL-OSI: INVL Technology terminated agreement with investment advisor

    Source: GlobeNewswire (MIL-OSI)

    INVL Technology (hereinafter – the Company) notifiesthat on 17 July 2025 it terminated the agreement with a company of the Corum group, specifically, the Zurich branch of Luxembourg-based Corum Group International S.à.r.l., which was hired to assist INVL Technology in divesting of it‘s portfolio companies before the end of the envisaged investment period. Certain terms will remain in force for the 12 month period after the termination date (tail period).

    Despite the termination of the collaboration with Corum Group, the Company continues to actively pursue the sale of its portfolio companies. Negotiations with potential buyers are ongoing, and initiated processes are not being suspended. the Company will also launch a search for new investment advisors that have expertise in business divestments.

    The decision to terminate the collaboration with Corum Group was made to provide greater flexibility in exploring alternative strategic options for the sale of the portfolio companies.

    Additional information:

    INVL Technology, a company that invests in IT businesses, decided to terminate the contract with the Zurich branch of Corum Group’s Luxembourg-based unit Corum Group International on intermediary services in the divestment of INVL Technology’s portfolio companies on 17 July 2025. Certain terms of the agreement will remain in force for a 12-month tail period.

    “Notwithstanding the challenging economy and ongoing stagnation of B2B technology companies in Europe, the US and Canada, resulting in a less-than-ideal situation in the market for divesting businesses, we have interested parties, and we are continuing the sale process. We decided to terminate the contract with our current investment advisor in order to be able to explore other divestment possibilities. We are not halting the process and Corum Group will complete negotiation processes with the parties that have expressed interest in the portfolio companies. INVL Technology will seek for other exit opportunities,” says Kazimieras Tonkūnas, the Managing Partner at INVL Technology. “The portfolio companies are performing well, their results will be reflected in the report for the first half of the year which we will publish at the end of August.” 

    INVL Technology, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics, is a closed-end investment company.

    INVL Technology owns and manages the cybersecurity company NRD Cyber Security, the GovTech company NRD Companies, and the Baltic IT company Novian.

    The shares of INVL Technology are traded on the secondary list of the Nasdaq Vilnius stock exchange (INC1L).

    The person authorized to provide additional information:
    Kazimieras Tonkūnas
    INVL Technology Managing Partner
    E-mail k.tonkunas@invltechnology.lt

    The MIL Network –

  • Amit Shah congratulates Ahmedabad for topping cleanest big cities list in Swachh Survekshan 2024-25

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister Amit Shah on Thursday congratulated the people of Ahmedabad after the city was ranked the cleanest metropolis in the million-plus population category in the Swachh Survekshan 2024-25.

    In a post on X, Amit Shah said, “A moment of pride for Ahmedabadis as the city is ranked at the top among the cleanest big cities in India in Swachh Survekshan 2024-25. This honor stands as a testimony to the success of PM Shri Narendra Modi Ji’s vision behind Swachhta Abhiyan, pursuing the principle of cleanliness as the key to public health, and mirrors the shared commitment of the people to the cause.”

    “Let this achievement be the cornerstone for achieving new heights in this arena by advancing the culture of cleanliness to new frontiers. My heartiest congratulations to the people of Ahmedabad and all the sanitation workers for their immense contributions,” he added.

    Bhopal and Lucknow followed Ahmedabad in the rankings, while Indore, maintaining its clean city record for eight consecutive years, was elevated to the newly created Super Swachh League.

    Expressing her happiness, Ahmedabad Mayor Pratibha Jain told IANS, “I am truly delighted. Ahmedabad, being declared the cleanest big city, is a result of the relentless efforts of the entire administration and the active participation of our citizens. I wholeheartedly thank Prime Minister Narendra Modi and Union Home Minister Amit Shah for their visionary leadership and constant encouragement.”

    She added, “We worked tirelessly using the principles of Reduce, Reuse, and Recycle (3R). We also implemented a waste-to-energy plant, which played a major role in our success. I hope that every city in Gujarat rises to the top in the coming years.”

    The awards were presented at a ceremony held at Vigyan Bhavan, New Delhi, in the presence of President Droupadi Murmu on Thursday.

    Launched in 2016 under the Swachh Bharat Mission by the Ministry of Housing and Urban Affairs, the Swachh Survekshan has grown exponentially over the years. From just 73 cities in its inaugural edition, the 2024–25 survey covered an impressive 4,589 cities between April 2024 and March 2025.

    This year, awards were presented across four key segments: Super Swachh League Cities, Top Three Clean Cities in Five Population Categories, Special Categories (including Ganga Towns, Cantonment Boards, SafaiMitra Suraksha, and Mahakumbh), and State-Level Awards recognizing the most promising clean cities.

    For the first time, cities were classified into five population-based categories, including a newly introduced segment for very small cities with populations under 10 lakh.

    (With inputs from IANS)

  • Amit Shah congratulates Ahmedabad for topping cleanest big cities list in Swachh Survekshan 2024-25

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister Amit Shah on Thursday congratulated the people of Ahmedabad after the city was ranked the cleanest metropolis in the million-plus population category in the Swachh Survekshan 2024-25.

    In a post on X, Amit Shah said, “A moment of pride for Ahmedabadis as the city is ranked at the top among the cleanest big cities in India in Swachh Survekshan 2024-25. This honor stands as a testimony to the success of PM Shri Narendra Modi Ji’s vision behind Swachhta Abhiyan, pursuing the principle of cleanliness as the key to public health, and mirrors the shared commitment of the people to the cause.”

    “Let this achievement be the cornerstone for achieving new heights in this arena by advancing the culture of cleanliness to new frontiers. My heartiest congratulations to the people of Ahmedabad and all the sanitation workers for their immense contributions,” he added.

    Bhopal and Lucknow followed Ahmedabad in the rankings, while Indore, maintaining its clean city record for eight consecutive years, was elevated to the newly created Super Swachh League.

    Expressing her happiness, Ahmedabad Mayor Pratibha Jain told IANS, “I am truly delighted. Ahmedabad, being declared the cleanest big city, is a result of the relentless efforts of the entire administration and the active participation of our citizens. I wholeheartedly thank Prime Minister Narendra Modi and Union Home Minister Amit Shah for their visionary leadership and constant encouragement.”

    She added, “We worked tirelessly using the principles of Reduce, Reuse, and Recycle (3R). We also implemented a waste-to-energy plant, which played a major role in our success. I hope that every city in Gujarat rises to the top in the coming years.”

    The awards were presented at a ceremony held at Vigyan Bhavan, New Delhi, in the presence of President Droupadi Murmu on Thursday.

    Launched in 2016 under the Swachh Bharat Mission by the Ministry of Housing and Urban Affairs, the Swachh Survekshan has grown exponentially over the years. From just 73 cities in its inaugural edition, the 2024–25 survey covered an impressive 4,589 cities between April 2024 and March 2025.

    This year, awards were presented across four key segments: Super Swachh League Cities, Top Three Clean Cities in Five Population Categories, Special Categories (including Ganga Towns, Cantonment Boards, SafaiMitra Suraksha, and Mahakumbh), and State-Level Awards recognizing the most promising clean cities.

    For the first time, cities were classified into five population-based categories, including a newly introduced segment for very small cities with populations under 10 lakh.

    (With inputs from IANS)

  • MIL-OSI: MoneyHero Group Announces Winners of the SingSaver Best-Of Awards

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 18, 2025 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, successfully hosted the inaugural MoneyHero Group Presents: SingSaver Best-Of Awards gala on 17 July 2025. The event celebrated credit cards, investment products, insurance offerings, and digital banks that deliver the most exceptional value to Singapore consumers.

    The gala was well attended by over 170 guests, including senior executives from leading financial institutions, industry experts, and members of the media. This milestone event underscored MoneyHero’s commitment to promoting financial literacy and driving excellence within Singapore’s personal finance landscape.

    Beyond recognising excellence, the event fostered valuable connections across MoneyHero’s extensive network of partnerships, strengthening collaboration and supporting the continued growth of the personal finance ecosystem in Singapore.

    A total of 45 awards were presented across categories, such as credit cards, digital banks, investment products, and insurance. Winners this year included:

    • Best Credit Card for Travel Rewards: UOB Visa Signature Card
    • Best Credit Card for Dining: HSBC Live+ Credit Card
    • Best Credit Card for Shopping: OCBC Rewards Card
    • Best Credit Card for Everyday Spending: DBS yuu Card
    • Best Premium Credit Card: Citi Prestige Card
    • Best Credit Card for Simple Cashback: SCB Simply Cash Credit Card
    • Best Digital Bank for Seamless Onboarding: Trust Bank
    • Best Digital Bank for Integrated Investing Options: MariBank
    • Best Brokerage for Global Trading Experience for Everyday Investors: Tiger Brokers
    • Best Brokerage for US, SG, and HK Stocks: Webull Singapore
    • Best Brokerage for Beginner Investors in Singapore: Moomoo Singapore
    • Best Overall Travel Insurance Plan: FWD Premium
    • Top-Selling Insurance Provider on SingSaver: MSIG Insurance
    • Best Global Insurance Provider: Allianz Partners

    A full list of awardees and details of the judging methodology are available at:
    https://www.singsaver.com.sg/campaign/best-of-awards-2025

    Rohith Murthy, CEO of MoneyHero, said: “The inaugural MoneyHero Group Presents: SingSaver Best-Of Awards was a landmark event that brought together the personal finance community to recognise and celebrate products that deliver exceptional value to Singaporeans. By uniting our partners through this annual event, we aim to strengthen collaboration and foster innovation across the ecosystem—an approach we plan to extend to all markets where we operate. We sincerely thank the winners, nominees, judges, and attendees for their valuable contributions to this milestone event and their shared commitments to advancing financial empowerment.”

    Catherine Pang, Sales Director at Allianz Partners Singapore said: “We are honoured to be recognised in SingSaver Best-of Awards 2025. At Allianz Partners, our mission has always been to provide travellers with peace of mind through comprehensive, accessible, and responsive travel insurance solutions. This award is a reflection of the trust our customers place in us and the dedication of our team to deliver exceptional service — from seamless digital claims to round-the-clock emergency assistance. We are proud to stand alongside SingSaver and MoneyHero Group in empowering consumers to make informed financial decisions, and we remain committed to protecting every journey, near or far.”

    Gourab Kundu, Head of Digital Growth for Asia South at Citi Wealth said: “We’re honoured that the Citi Prestige and Citi Cash Back credit cards have been recognised at the inaugural SingSaver Best-of Awards 2025. This recognition is a testament to our customer-centric focus, bringing the best proposition to our clients. Moving forward, we will continue to enhance our value proposition for customers to ensure our product offerings fit their lifestyles and their needs.”

    Disclaimer

    The information provided on this press release is for educational and informational purposes only and should not be construed as financial or investment advice. While MoneyHero reviews and compares financial products to help consumers make informed decisions, it does not offer or provide personalised recommendations or investment advisory services. Consumers should always conduct their own research or consult a licensed financial professional before making any financial decisions.

    MoneyHero has made reasonable efforts to ensure that the information contained in this press release is accurate and up to date as at the date of publication. However, MoneyHero makes no warranties, express or implied, regarding the accuracy, completeness, or reliability of the information and accepts no liability (including liability to third parties) for any loss or damage arising from any error or omission in compiling or presenting such information, or reliance on the information provided.

    ​​​​​About SingSaver  

    SingSaver, part of MoneyHero Group (Nasdaq: MNY) – a market leading personal finance aggregation and comparison company in Greater Southeast Asia. Founded in May 2015, SingSaver has always been committed to matching consumers with the right financial products they need — from credit cards to personal loans, investing accounts to insurance policies, and much more. SingSaver helps thousands of consumers improve their money health with easy-to-use comparison platform along with impartial product reviews and extensive finance articles. For a full discovery, visit https://www.singsaver.com.sg/ 

    About MoneyHero Group

    MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines.  Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory.  The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 260 commercial partner relationships as at 31 March 2025, and had approximately 5.7 million Monthly Unique Users across its platform for the three months ended 31 March 2025. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

    For inquiries, please contact:

    Investor Relations:
    MoneyHero IR Team
    IR@MoneyHeroGroup.com

    Media Relations:
    MoneyHero PR Team
    Press@MoneyHeroGroup.com

    Photo 1:

    Group picture of all the guests and winners at the SingSaver Best-Of Awards.

    Photo 2:

    Rohith Murthy, CEO of MoneyHero Group, delivers the keynote address for the SingSaver Best-Of Awards.

    Photo 3:

    Guests at the SingSaver Best-Of Awards.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/f7405961-02c5-4496-9e76-6aca94a93d2f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/858e3357-72d6-4eb2-8650-68361bf3d98e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9caddd16-d470-4e76-9d64-0554c9fd42a6

    The MIL Network –

  • MIL-OSI Africa: The World Health Organization (WHO) Strengthens Tanzania’s Recovery from Marburg Outbreak with Critical Medical Equipment

    Source: APO


    .

    The World Health Organization (WHO) has reinforced its support to Tanzania’s post-Marburg Virus Disease (MVD) recovery by handing over essential medical equipment worth over TZS 112 million to health authorities in Biharamulo District, one of the areas most affected by the outbreak.

    The equipment package includes personal protective equipment (PPE), diagnostic tools, hospital beds, and emergency medical kits, critical to restoring routine health services and enhancing outbreak preparedness at the district level.

    Speaking during the official handover ceremony, Dr. Galbert Fedjo, acting WHO Representative in Tanzania, reaffirmed WHO’s long-term support: “This handover is part of a broader commitment to strengthen outbreak preparedness and response capacities in Tanzania. We are proud to stand with the Government and the people of Tanzania on the road from recovery to resilience.”

    The donation is part of a larger post-Marburg support package made possible through funding from the Government of the United Kingdom via the Foreign, Commonwealth & Development Office (FCDO). Beyond medical supplies, the support has also contributed to risk communication, psychosocial recovery, and training of health workers across affected regions.

    Receiving the equipment on behalf of the Government, The Director of Emergency at the Ministry of Health, Dr. Erasto Sylvanus, expressed appreciation to WHO and partners: “This support comes at a critical time as we continue to strengthen our health systems and ensure our frontline workers are equipped to handle future health emergencies. We thank WHO and the UK Government for standing with us.”

    The Marburg Virus Disease outbreak was officially declared in March and successfully contained through rapid response efforts led by the Ministry of Health with support from WHO and partners. Today’s handover marks a significant step in the recovery phase and in enhancing Tanzania’s long-term public health emergency preparedness.

    Distributed by APO Group on behalf of World Health Organization – United Republic of Tanzania.

    MIL OSI Africa –

  • MIL-OSI Africa: Mahama reaffirms commitment: cocoa farmers to receive 70% of world market price

    Source: APO


    .

    President John Dramani Mahama has announced that, beginning with the next cocoa season, Ghanaian cocoa farmers will receive no less than 70 per cent of the prevailing world market price for their produce.

    Addressing a grand durbar of chiefs and residents in Juaboso on Tuesday, the President declared: “Let me be clear: we will honour our promise to pay our hardworking farmers 70 per cent of the world market price of cocoa. The sweat of our cocoa farmers deserves dignity and a fair reward.”

    Key highlights

    1. 70 % price guarantee: The new pricing formula will be reflected in the producer price set by the Producer Price Review Committee ahead of the upcoming 2025/26 crop year.

    2. President Mahama announced that construction works will commence this quarter on the Juaboso–Asawinso trunk road, along with 120 km of feeder roads that link farming communities to key buying centres.

    3. Government will distribute five million hybrid seedlings and scale up fertiliser subsidies to increase yields and maintain Ghana’s position as the world’s leading cocoa producer.

    An additional 10,000 young people are being enrolled in the Cocoa Rehabilitation & Youth Entrepreneurship Programme to rejuvenate aged farms and create decent jobs in the sector.

    President Mahama described cocoa as “the lifeblood of our rural economy” and emphasised that sustaining farmers’ livelihoods is central to Ghana’s growth agenda. The chiefs commended the President for honouring his pledges and called for continued collaboration to improve health, education, and market access in cocoa-growing areas.

    Distributed by APO Group on behalf of The Presidency, Republic of Ghana.

    MIL OSI Africa –

  • MIL-OSI Africa: Twelve Million Kenyans to Benefit from a New Social Protection Project Aimed at Strengthening Human Capital and Economic Inclusion

    Source: APO


    .

    The World Bank Board of Directors approved the Second Kenya Social and Economic Inclusion Project (KSEIP2) which will strengthen the country’s social protection systems and scale up safety net support to twelve million citizens, including elderly, women, adolescents, children and other age specific vulnerable groups–while advancing human capital development and economic inclusion.

    The KSEIP2, a successor to the recently completed Kenya Social and Economic Inclusion Project (KSEIP), will build on the success and lessons learned from the relevant interventions implemented to enhance delivery systems for inclusive access to social and economic inclusion. It is financed by a $127.5 million investment from the International Development Association (IDA).

    “Inclusive growth and poverty reduction are realized when there are more and better jobs as well as more accessible jobs for the poorest and most vulnerable populations,” said Qimiao Fan, World Bank Division Director for Kenya. “The project’s innovative elements will prepare today’s children and adolescents for healthy and productive adulthoods, help poorer families with sustainable livelihood enhancement, and ensure that hard-won gains are not lost to food insecurity during the times of drought or other crises.”

    The project will scale up cash-plus programs for targeted age groups, complementing the existing cash transfers provided under the government’s flagship National Safety Net Program (NSNP). KSEIP2 will promote inclusive and sustainable employment through the introduction of climate-resilient income-generating activities and by linking beneficiaries to government social insurance schemes for long-term savings and resilience.

    Given Kenya’s vulnerability to recurrent droughts in the North and Northeastern Counties, the project will also strengthen the efficacy of social protection system through investments in modernization and provision of emergency social assistance as temporary support to offset the adverse impact of such crisis.

    “The Government of Kenya is committed to supporting opportunities for every Kenyan family to sustainably exit poverty and vulnerability. The KSEIP2 Project supports the government’s ambition on disrupting the vicious cycle of poverty by focusing on investments in children and adolescents, as well as households with productive capacity,” said Shubha Chakravarty, Senior Economist and the Task Team Leader, World Bank. “This objective will be achieved by working in synergy with other relevant government programs.”

    The project is consistent with the FY23-FY28 World Bank Group Country Partnership Framework (CPF), particularly with the objectives of increasing household resilience, national preparedness for shocks response, and priorities around human capital development and jobs agenda. It is also in line with Kenya’s vision 2030 while supporting the constitutional commitment to “provide social security for all Kenyans who cannot support themselves”.

    Distributed by APO Group on behalf of The World Bank Group.

    MIL OSI Africa –

  • MIL-OSI Africa: Accountability Series: Interior Minister Announces Transformative Initiatives

    Source: APO


    .

    The Ministry for the Interior has unveiled groundbreaking initiatives aimed at reforming the Prison Service and strengthening the nation’s security architecture.

    Speaking at the inaugural “Government Accountability Series” at the Presidency in Accra, Minister for the Interior, Alhaji Muntaka Mohammed-Mubarak, announced a pivotal shift for the Prison Service, transforming it into a key contributor to national production and inmate rehabilitation.

    As part of the government’s strategic efforts to resource state institutions and foster meaningful rehabilitation, the Ministry for the Interior has initiated discussions with the Ministry of Education to sign a Memorandum of Understanding. This landmark agreement will empower the Prison Service to supply:

    • 20% of sanitary pads for the nation’s Free Sanitary Initiative.
    • 30% of all school furniture procured by the government.
    • 30% of all school uniforms distributed nationwide.

    Alhaji Mohammed-Mubarak, articulating the rationale behind the initiative, stated that the initiative is designed to engender reforms within the nation’s prisons, where inmates are mostly caged.

    “We are moving beyond mere incarceration to equip inmates with valuable skills, foster productivity, and prepare them for successful reintegration into society.

    The Minister stated that the Ghana Police Service plays a critical role in upholding public order and supporting the government’s economic agenda.

    He lauded the Service’s unwavering commitment to public safety, highlighting its sustained efforts against illegal mining operations.

    These robust efforts have significantly curbed illicit activities in forest reserves and along water bodies, effectively preventing foreign nationals from engaging in small-scale mining and safeguarding the nation’s natural resources.

    In response to the government’s 24-Hour Economy programme, Mohammed-Mubarak announced the establishment of a dedicated 24-Hour Economy Secretariat at the Police Headquarters in Accra. This secretariat is designed to provide round-the-clock security for businesses, ensuring the safe movement of goods and people, and fostering unhindered economic growth across the country.

    The Minister further detailed the Ghana Police Service’s impressive successes in crime combat.

    Distributed by APO Group on behalf of The Presidency, Republic of Ghana.

    MIL OSI Africa –

  • MIL-OSI Africa: Ghana: President Mahama welcomes London Mayor

    Source: APO


    .

    President John Dramani Mahama on Thursday reaffirmed Ghana’s firm commitment to international trade and investment, outlining the wide-ranging reforms actively fostering economic transformation and better governance.

    He was speaking during a courtesy call from the Mayor of London, Sir Sadiq Khan.

    The President stated that these strategic reforms, begun just six months into his administration, are already showing tangible results.

    He spoke about the renewed business confidence, the relative appreciation of the Cedi, and a decreasing inflation rate as important signs of economic stability and progress, especially after recent global challenges and inherited public debt burdens.

    “We are striving to cultivate a new sense of thinking, a fresh approach to doing things, and to ensure that we effectively serve the people who elected us to lead,” President Mahama stated.

    He elaborated on key government initiatives, including the ’24-Hour Economy’ policy, drawing inspiration from London, a city he described as “never sleeping.”

    The President explained, “We’ve launched a 24-Hour Economy initiative to harness Ghana’s vibrant youthful population and address the challenges of rapid urbanisation by promoting continuous economic activity and opportunities.”

    President Mahama further emphasised Ghana’s burgeoning digital landscape, indicating the country’s readiness to fully integrate into the global FinTech community with numerous digital services and innovative companies emerging across the country.

    He also reiterated the government’s strong focus on agriculture and agribusiness as vital sectors for creating more opportunities, particularly for young people.

    Discussions between the two leaders also delved into the deep historical and business ties connecting Accra and London.

    President Mahama acknowledged Accra’s rapid growth and expressed Ghana’s keen interest in learning from London’s extensive expertise in urban planning, efficient transport systems, modern waste management solutions, and effective flood control strategies.

    “For a city like London, the efficiency of your transport system, even with perceived challenges, is truly remarkable,” the President noted, adding, “We aspire to develop similar reliable systems where punctuality is the norm for our citizens.”

    In his remarks, Mayor Sir Sadiq Khan congratulated President Mahama on his re-election and commended the positive signals his administration is sending to the international community regarding Ghana’s potential.

    He praised the invaluable contributions of Londoners of Ghanaian origin, who are enriching various sectors of the city’s economy and public life, from healthcare and transport to the arts.

    Distributed by APO Group on behalf of The Presidency, Republic of Ghana.

    MIL OSI Africa –

  • MIL-OSI Africa: Sudan: United Nation (UN) Human Rights Chief deplores killing of dozens of civilians in Kordofan

    Source: APO


    .

     UN High Commissioner for Human Rights Volker Türk on Thursday deplored the killing of dozens of civilians by both parties amid ongoing hostilities in Sudan’s Kordofan region over the past week.

    The UN Human Rights Office has verified the killing of least 60 civilians by the Rapid Support Forces (RSF) in North Kordofan’s Bara locality since 10 July. Civil society groups have reported that up to 300 people were killed.

    At least 23 other civilians were reportedly killed and more than 30 others injured when airstrikes by the Sudanese Armed Forces (SAF) hit two villages in West Kordofan from 10 to 14 July. In addition, on 17 July, at least 11 civilians – all members of a single family – were killed in a SAF airstrike in Bara locality.

    “It is distressing that more than two years since the conflict began parties to the conflict in Sudan continue to demonstrate callous disregard for civilians’ lives and safety,” said Türk.

    The latest civilian deaths come amid worrying reports that the RSF is mobilising for an offensive on El Obeid, the capital of North Kordofan state. The UN Human Rights Chief also expressed continued concern for the safety of civilians in El Fasher, North Darfur, following multiple RSF attacks on the besieged city in recent days, including a ground attack on 11 and 12 July, which reportedly resulted in civilian casualties.

    “An escalation of hostilities in North Darfur and Kordofan will only further aggravate the already severe risks to civilians and the dire humanitarian situation in a conflict that has already wrought untold suffering on the Sudanese people,” said Türk. “I urge those with influence to act to prevent such an escalation, and to ensure that both parties uphold their obligations under international law, including on the protection of civilians and civilian infrastructure.”

    The High Commissioner renewed his calls on the warring parties to ensure safe, sustained and unimpeded access to humanitarian aid, including through humanitarian pauses, and to prevent and repress violations of international law. “All alleged violations must be fully and independently investigated and those responsible brought to justice,” he said.

    Distributed by APO Group on behalf of United Nations: Office of the High Commissioner for Human Rights (OHCHR).

    MIL OSI Africa –

  • MIL-OSI Africa: Minister of State at Ministry of Foreign Affairs Meets United States (US) State Department Senior Advisor for Africa

    Source: APO


    .

    HE Minister of State at the Ministry of Foreign Affairs Dr. Mohammed bin Abdulaziz bin Saleh Al Khulaifi met on Thursday with HE Presidential Envoy and Senior Advisor for Africa at the US Department of State Massad Boulos, who is currently visiting the country.

    During the meeting, the two sides reviewed the close strategic relations between the State of Qatar and the United States and discussed ways to support and enhance them. They also discussed joint efforts to address the situation in the eastern Democratic Republic of the Congo, along with a number of issues of mutual interest.

    Distributed by APO Group on behalf of Ministry of Foreign Affairs of The State of Qatar.

    MIL OSI Africa –

  • MIL-OSI Africa: Putting African products on global markets: Advancing the Made in Africa certification

    Source: APO


    .

    A harmonized Made in Africa certification is set to boost the global visibility and competitiveness of African products. The framework, governance, and branding of the scheme was discussed in Nairobi, with the International Trade Centre (ITC) contributing technical insights and implementation support.

    Despite growing opportunities for intra-Africa trade through the African Continental Free Trade Area (AfCFTA), many African producers face challenges in gaining visibility and market access. Consumers continue to lack trust in locally made products and services, often perceiving them as inferior to imports. Quality exists but consumers need confidence in that, so African firms can grow in local and regional markets while positioning themsleves globally.

    The African Union established the Made in Africa (MiA) initiative to ensure African small businesses have a competitive edge and can scale in markets increasingly driven by standards, consumer trust, and brand reputation, through a harmonised continental certification system. This builds on earlier continental efforts to strengthen Africa’s industrial base and promote the continent’s products. 

    The initiative advanced another milestone at the Meeting of the Made in Africa Ad-hoc Committee in Nairobi, Kenya from 1 to 2 July 2025. The African Union Commission (AUC) and the Pan African Quality Infrastructure (PAQI) convened the meeting with technical assistance from ITC. Technical institutions, private sector and consumer representatives gathered with international partners such as Physikalisch-Technische Bundesanstalt (PTB) and World Customs Organisation (WCO). Together, they finalized the MiA implementation guide, defined governance and coordination structures, and agreed on the implementation framework.

    Highlights included presentations of MiA branding concepts and governance options, drawing on a soon-to-be launched concept testing and benchmarking study of the AUC, PAQI and ITC.

    Through the EU-funded Africa Trade Competitiveness and Market Access (ATCMA) Programme, ITC is supporting the African Union with technical input and analysis to help shape a credible and market-oriented brand for African products. ITC involvement builds on its broader mission to empower small businesses to compete, connect, and change lives.

    The Nairobi meeting marks an important step in delivering a practical, African-led solution that will help producers build trust, meet quality expectations, and grow their share in regional and global markets. The finalization of the implementation framework and agreement on next steps bring the MiA scheme closer to launch, building on and consolidating national and regional level labels in Africa.

    The MiA was adopted as part of the African Union’s Niamey Action Plan on Industrialisation and Economic Diversification, where it was identified as critical to realising the gains of the AfCFTA. The MiA Certification Scheme will be anchored on the  AfCFTA Agreement’s rules of origin and intellectual property provisions and aligned with the Technical Barriers to Trade (TBT) and Sanitary and Phytosanitary (SPS) Annexes to ensure high standards and market compatibility. 

    Distributed by APO Group on behalf of International Trade Centre.

    MIL OSI Africa –

  • MIL-OSI Africa: PalmPay Named One of the World’s Top 300 Fintech Companies of 2025 by Consumer News and Business Channel (CNBC) & Statista

    Source: APO

     PalmPay (www.PalmPay.com), a leading neobank and fintech platform focused on emerging markets, has been recognised in CNBC and Statista’s 2025 Top 300 Fintech Companies in the World list. This marks the second year in a row that PalmPay has earned a place among the world’s most innovative and impactful financial technology firms.

    The selection is based on a rigorous evaluation of thousands of companies globally, assessing growth, innovation, market penetration, and impact.  This year’s list includes a mix of global leaders – including Revolut, Nubank and Ant Group –  alongside rising stars from high-growth markets, underscoring the growing influence of emerging-market fintechs like PalmPay.

    PalmPay’s inclusion reflects its continued momentum as one of Africa’s leading fintech platforms. With over 35 million registered users and up to 15 million transactions processed daily, the company offers a comprehensive suite of digital financial services tailored to the needs of underserved communities.

    In its main market, Nigeria, PalmPay operates as a full-service neobank, offering consumer financial services such as transfers, bill payments, credit, savings, and insurance – all accessible through its user-friendly app and supported by a nationwide network of over 1 million agents and merchant partners. The company also provides POS and API-driven B2B solutions tailored to the needs of merchants and enterprise clients.

    “To be recognised as one of the world’s top fintech companies by CNBC and Statista is a powerful affirmation of our mission to build a more inclusive financial system,” said Sofia Zab, Founding Chief Marketing Officer at PalmPay. “Through cutting-edge technology, deep local distribution, and a customer-first mindset, we’ve built Nigeria’s leading neobank. As we scale PalmPay to more emerging markets, including Tanzania and Bangladesh, our focus remains on closing financial access gaps for everyday consumers and businesses, while expanding the partner ecosystem that fuels our reach and impact.”

    As part of its broader expansion strategy, PalmPay recently launched in Tanzania and Bangladesh through a smartphone device financing model that serves as an entry point to digital financial services.

    “PalmPay is building a neobanking platform tailored to the realities of emerging markets,” said Jiapei Yan, Group Chief Commercial Officer at PalmPay. “We are creating the infrastructure for a connected digital economy – where people and businesses can thrive through reliable, inclusive financial tools. This recognition from CNBC and Statista affirms our progress and also the scale of the opportunity ahead. As we expand across more emerging markets, we are committed to creating lasting value for our users, partners, and the communities we serve.”

    PalmPay’s inclusion follows another major recognition earlier this year: the company ranked #2 overall and #1 in the financial services sector on the Financial Times  – Africa’s Fastest-Growing Companies 2025 list. The ranking, based on revenue growth between 2020 and 2023, highlighted PalmPay’s rapid scale and market traction across Africa.

    PalmPay currently operates in Nigeria, Ghana, Tanzania, and Bangladesh, and is expanding its presence across Africa and Asia through device financing, digital banking, and B2B payment services. Backed by a robust neobanking platform and a partnership-led approach, the company is committed to shaping the next chapter of inclusive financial growth. 

    Distributed by APO Group on behalf of PalmPay.

    About PalmPay:
    PalmPay is a leading neobank and fintech platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.

    PalmPay offers a comprehensive range of products, including mobile payments, credit, savings and micro-insurance via its app and mobile money agent network.

    Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users and processes up to 15 million transactions daily. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.

    For more information, visit  www.PalmPay.com

    Media files

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    MIL OSI Africa –

  • MIL-OSI China: Nation prepares for severe floods, droughts

    Source: People’s Republic of China – State Council News

    China has entered a critical period for flood control, with preparatory measures underway as the country readies for adverse weather conditions in the coming weeks, officials said on Wednesday.

    Fu Jing, director of the Ministry of Water Resources’ information center, said forecasts indicate the country will face significant regional and periodic droughts and floods between late July and early August. The northern region, in particular, is expected to see more severe flooding, with frequent and intense rainstorms in some areas.

    Major flooding may occur along the middle reaches of the Yellow River; the Daqing, Yongding and Beisan rivers in the Haihe River Basin; and the Liaohe, Huntai and Jilin sections of the Songhua River in the Songliao Basin, Fu said.

    “Two to three typhoons are expected to make landfall in the country, with the possibility of strong ones impacting the northern region,” Fu said.

    On Tuesday, Cai Qinbo, spokesperson for the Hainan provincial meteorological bureau, said the sixth typhoon of the year may form over the western Pacific Ocean within the next two days. It is expected to enter the South China Sea around Saturday and could bring strong winds and heavy rainfall to Hainan province from Monday to Tuesday.

    Wang Baoen, vice-minister of water resources, said the ministry has appointed 2,792 flood control officials this year in coordination with other departments. The officials are responsible for major rivers, key large and medium-sized reservoirs, major flood detention areas and flood-prone cities.

    “We will strengthen efforts in accountability, decision support, and command and dispatch,” Wang said.

    So far, 23 provinces have established flood and drought disaster prevention centers. The ministry conducts rolling daily assessments and issues targeted early warnings to each province, reaching frontline personnel directly. Wang also emphasized the need to improve forecast accuracy and enhance evacuation measures.

    Yao Wenguang, director of the ministry’s department of flood and drought disaster prevention, noted that the risk of mountain floods increases during the flood season and said the ministry will ensure that early warnings are promptly followed by emergency response actions. The ministry also plans to strengthen management of river-related operations during the flood season.

    Zhang Wenjie, director of the ministry’s department of water project operation management, said the ministry plans to reinforce 2,177 reservoirs this year, including large and medium-sized ones. Reservoirs affected by extreme flooding, major earthquakes or abnormal safety issues will undergo prompt specialized safety assessments.

    As some areas may also experience periodic droughts during the flood season, Yao emphasized the need to optimize irrigation, ensure efficient water use and secure the safety of rural drinking water supplies.

    MIL OSI China News –

  • MIL-OSI: Bank of Åland Plc: Half-Year Financial Report for the period January – June 2025

    Source: GlobeNewswire (MIL-OSI)

    Bank of Åland Plc
    Half-Year Financial Report
    July 18, 2025 9:00 EET

    Half-Year Financial Report for the period January – June 2025

    Strong results and record inflows of assets under management

    “We are delivering a strong second quarter in terms of earnings, with a net operating profit of EUR 16.3 million (15.6) that resulted in a return on equity of 19.1 per cent (18.3). With that, we can summarize the first half of the year with excellent results, with net operating profit of EUR 34.7 million and a return on equity of 19.2 per cent (18.2). This is the highest result we have ever reported for a first half-year.

    “The second quarter was one of our all-time best, with net inflow of new client investments of EUR 328 million. The high net inflow means that for the first time, we can report a volume of actively managed assets on behalf of customers of over EUR 11 billion.

    “Lowered market interest rates are putting pressure on net interest income for us as well as for other banks. Net interest income was down 9 per cent for the half year. Despite this, from the start of the year we were able to compensate for the decline with increased commission income, which rose by 13 per cent, primarily from our customers financial investment business.

    “The world around us continues to present an array of uncertainties, and we see that our customers continue to be cautious about borrowing money. Despite this, our lending began to increase again during the quarter, albeit at cautious levels. Market interest rates have now halved since peaking just over a year and a half ago. We believe this development will contribute to increased lending activity in the second half of the year.”

    Peter Wiklöf, Managing Director and Chief Executive

    January – June 2025 compared to January – June 2024

    • Net operating profit increased by 7 per cent and amounted to EUR 34.7 M (32.5).
    • Core income in the form of net interest income, net commission income and IT income levels remained unchanged at EUR 107.9 M (108.4).
    • Other income increased to EUR 4.0 M (0.7).
    • Total expenses increased by 2 per cent to EUR 76.5 M (74.9).
    • Net impairment losses on financial assets (including recoveries) totalled EUR 0.7 M (1.7), equivalent to a loan loss level of 0.04 per cent (0.08).
    • Return on equity after taxes (ROE) increased to 19.2 per cent (18.2).
    • Earnings per share increased by 9 per cent to EUR 1.86 (1.71).
    • The common equity Tier 1 capital ratio decreased to 12.8 per cent (14.5 on December 31, 2024).
    • Unchanged future outlook: The Bank of Åland expects its return on equity after taxes (ROE) to continue to exceed its long-term financial target of 15 per cent during 2025.

    The second quarter of 2025 compared to the second quarter of 2024

    • Net operating profit increased by 4 per cent and amounted to EUR 16.3 M (15.6).
    • Core income in the form of net interest income, net commission income and IT income decreased by 2 per cent to EUR 54.1 M (55.4).
    • Other income increased to EUR 1.8 M (−0.1).
    • Total expenses increased by 1 per cent to EUR 38.8 M (38.5).
    • Net impairment losses on financial assets (including recoveries) totalled EUR 0.8 (1.2), equivalent to a loan loss level of 0.08 per cent (0.11).
    • Return on equity after taxes (ROE) increased to 19.1 per cent (18.3).
    • Earnings per share increased by 10 per cent to EUR 0.90 (0.82).

    Financial summary

    Group Q2
    2025    		 Q1
    2025    		 % Q2
    2024    		 % Jan-Jun
    2025    		 Jan-Jun 2024 %
    EUR M                
    Income                 
    Net interest income 24.1 23.8 1 26.4 -9 47.9 52.7 -9
    Net commission income 21.2 21.4 -1 19.4 10 42.6 37.7 13
    IT income 8.9 8.6 3 9.7 -9 17.4 18.1 -3
    Other income 1.8 2.2 -18 -0.1   4.0 0.7  
    Total income 55.9 56.0 -0 55.3 1 111.9 109.1 3
                     
    Staff costs -24.8 -23.4 6 -22.8 9 -48.1 -44.4 8
    Other expenses -11.1 -11.3 -2 -12.5 -11 -22.4 -24.0 -7
    Depreciation/amortisation -3.0 -3.0 1 -3.3 -8 -6.0 -6.5 -8
    Total expenses -38.8 -37.7 3 -38.5 1 -76.5 -74.9 2
                     
    Profit before impairment losses 17.1 18.3 -7 16.8 2 35.4 34.2 3
                     
    Impairment losses on financial assets, net -0,8 0,1   -1,2 -34 -0,7 -1,7 -58
    Net operating profit 16.3 18.3 -11 15.6 4 34.7 32.5 7
                     
    Income taxes -2.4 -3.7 -35 -3.1 -22 -6.1 -6.3 -3
    Profit for the period 13.9 14.6 -5 12.6 11 28.6 26.2 9
                     
    Volume                
    Lending to the public 3,594 3,552 1 3,530 2      
    Deposits from the public 3,578 3,573 0 3,475 3      
    Actively managed assets 11,057 10,662 4 10,343 7      
    Managed mortage loans 3,335 3,335 -0 2,952 13      
    Equity capital 326 315 4 311 5      
    Balance sheet total 4,903 5,011 -2 4,782 3      
    Risk exposure amount 1,799 1,803 -0 1,681 7      
                     

    The Bank of Åland (Ålandsbanken) follows the disclosure procedure stipulated in “Disclosure obligation of the issuer (6/2016)”, published by the Finnish Financial Supervisory Authority and hereby publishes its Half-Year Financial Report for the period January – June 2025, which is enclosed with this stock exchange release. 

    The Bank`s Half-Year Financial Report for the period January – June 2025 is attached to this release in PDF format and is also available on the company’s web site at:
    https://www.alandsbanken.com/financial-information/financial-reports  

    Mariehamn, July 18, 2025

    THE BOARD OF DIRECTORS

     For more information please contact:

    Peter Wiklöf, Managing Director and Chief Executive, Bank of Åland Plc, tel. + 358 (0)40 512 7505

    Attachment

    The MIL Network –

  • MIL-OSI: Equinor ASA: Share buy-back – second tranche for 2025

    Source: GlobeNewswire (MIL-OSI)

    Please see below information about transactions made under the second tranche of the 2025 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).

    Date on which the buy-back tranche was announced: 30 April 2025.
    The duration of the buy-back tranche: 16 May to no later than 21 July 2025.

    Further information on the tranche can be found in the stock market announcement on its commencement dated 30 April 2025, available here: https://newsweb.oslobors.no/message/644796

    From 14 July to 17 July 2025, Equinor ASA has purchased a total of 1,265,968 own shares at an average price of NOK 267.7138 per share.

    The second tranche of the 2025 share buy-back programme for Equinor ASA has now been completed.

    Overview of transactions:

    Date Trading venue Aggregated daily volume (number of shares) Daily weighted average share price (NOK) Total daily transaction value (NOK)
             
    14 July OSE 420,000 274.3443 115,224,606.00
      CEUX      
      TQEX      
             
    15 July OSE      
      CEUX      
      TQEX      
             
    16 July OSE 430,000 265,4404 114,139,372.00
      CEUX      
      TQEX      
             
    17 July OSE 415,968 263.3692 109,553,159.39
      CEUX      
      TQEX      
             
    Total for the period OSE 1,265,968 267.7138 338,917,137.39
      CEUX      
      TQEX      
             
    Previously disclosed buy-backs under the tranche OSE 15,111,220 256.7267 3,879,452,952.92
    CEUX      
    TQEX      
    Total 15,111,220 256.7267 3,879,452,952.92
             
    Total buy-backs under the tranche (accumulated) OSE 16,377,188 257.5760 4,218,370,090.30
    CEUX      
    TQEX      
    Total 16,377,188 257.5760 4,218,370,090.30

    Following the completion of the above transactions, Equinor ASA owns a total of 25,565,943 own shares, corresponding to 1.00% of Equinor ASA’s share capital, including shares under Equinor’s share savings programme (excluding shares under Equinor’s share savings programme, Equinor owns a total of 16,377,188 own shares, corresponding to 0.64% of the share capital).

    This is information that Equinor ASA is obliged to make public pursuant to the EU Market Abuse Regulation and that is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

    Appendix: A overview of all transactions made under the buy-back tranche that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

    Contact details:

    Investor relations
    Bård Glad Pedersen, senior vice president Investor Relations,
    +47 918 01 791

    Media
    Sissel Rinde, vice president Media Relations,
    +47 412 60 584

    Attachment

    The MIL Network –

  • MIL-OSI: Prosafe SE: Operational update – June 2025

    Source: GlobeNewswire (MIL-OSI)

    18 July 2025 – Fleet utilisation for June 2025 was 79 per cent. 

    Our operations in Brazil with Safe Eurus, Safe Notos, and Safe Zephyrus operated at full capacity in June, achieving between 99 and 100 per cent commercial uptime.

    Safe Caledonia successfully commenced operations at the Captain Field in the UK on 2 June 2025, delivering a commercial uptime of 94 per cent during the initial period.

    Safe Boreas is currently being transported to Singapore ahead of her upcoming contract in Australia.

    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com

    For further information, please contact:

    Terje Askvig, CEO
    Phone: +47 952 03 886

    Reese McNeel, CFO
    Phone: +47 415 08 186

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-OSI USA: Accountability in Action: DOGE Caucus Cuts Through $9 Billion in Waste

    Source: United States House of Representatives – Representative Aaron Bean Florida (4th District)

    WASHINGTON—Today, DOGE Caucus founder and co-chair U.S. Congressman Aaron Bean (FL-04), co-chair Blake Moore (UT-01), and co-chair Pete Sessions (TX-17) released the following statements after the House’s final passage of H.R. 4, the Rescissions Act of 2025, a major victory for fiscal responsibility and taxpayer advocacy: 

    “With the passage of this rescissions package, we’re taking one small step to cut wasteful spending and one giant leap toward fiscal sanity,” said Congressman Bean. “Thanks to the DOGE Caucus, we’ve eliminated $9 billion in wasteful spending—launching us toward stronger fiscal health and renewed trust in how government handles taxpayer dollars.”

    “Today’s vote is another step in the right direction in reversing Washington’s spending culture. Our ballooning national debt and deficit will make it harder for the next generation to achieve the American Dream, and this effort keeps the momentum going in our work to ensure every taxpayer dollar is spent efficiently and responsibly,’ said Congressman Moore.

    “I’m pleased to support this essential legislation to rescind $9 billion in funding for wasteful programs and lock in some of the commonsense DOGE spending cuts. The American people deserve and expect a government that respects their tax dollars. This is an important step toward restoring fiscal discipline in Washington,” said Congressman Sessions.

    BACKGROUND

    The DOGE Caucus has long advocated for Congress to enact the cuts identified by DOGE and continues to work with the White House on future rescissions. 

    The legislation passed 216-213. With the House and Senate now aligned, all eyes turn to the White House, where President Trump is expected to sign this landmark legislation into law. 

    MIL OSI USA News –