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Blog

  • MIL-OSI Asia-Pac: 20 students from India to participate in Sakura Programme 2024

    Source: Government of India (2)

    Posted On: 19 OCT 2024 7:08PM by PIB Delhi

    The Department of School Education & Literacy, Ministry of Education (DoSEL), is sending 20 school students and 2 supervisors to Japan to participate in the Sakura Programme 2024 along with 5 other countries from 20-26 October 2024. The enthusiastic and excited children were flagged off by Shri Charanjt Taneja, Deputy Secretary, DoSEL; Dr. Amarendra Prasad Behera, Joint Director, CIET-NCERT; and Ms. Kirti Panwar, Deputy Commissioner, Navodaya Vidyalaya in a ceremony at CIET-NCERT organised by DoSEL. The event was also attended by Mr. Kemmochi Yukio, Manager of the Japan Science and Technology Agency, and officials from DoSEL-MoE. These 20 students (10 boys and 10 girls) are from Navodaya Vidyalayas and alumni of the PRERANA program from across the country.

     

     

    To develop the intellectual horizon and scientific exploration among young learners, the Japan Science and Technology Agency (JST) has been implementing the “Japan-Asia Youth Exchange Program in Science” also known as the “Sakura Science Programme” since 2014. India was added to the Sakura Program in 2015. The students are invited under the programme for short-term visits to Japan, giving them the opportunity to experience Japan’s cutting-edge science and technology as well as its culture.

    The National Education Policy (NEP) 2020, while emphasizing the importance of curriculum and pedagogy in schools, endorses that “Learning should be Holistic, Integrated, Enjoyable and Engaging in itself. Also, NEP-2020 states that in all stages, experiential learning will be adopted as standard pedagogy within each subject, and with explorations of relations among different subjects. It is in this context that educational trips and excursions to various places of importance in terms of historical, cultural, social and technological development are of paramount importance. Japan as a developed nation, a friendly country, along with technological advancements, is also a favourite destination for educational exposure. Therefore, visiting a country like Japan is always enriching and provides an opportunity for the exploration of innovative practices.

    India participated in the program for the first time in April 2016. So far, 553 students and 85 supervisors have visited Japan under this programme. The last batch visited Japan in June 2024.

    *****

    MV/AK

    (Release ID: 2066381) Visitor Counter : 56

    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI United Kingdom: Portsmouth’s ‘call to the classroom’ answered with new webinar

    Source: City of Portsmouth

    A city leader has thanked Portsmouth’s community for answering a call to the classroom to teach children and young people in schools.

    Teach Portsmouth, a Portsmouth City Council service, is organising a ‘Love to Teach’ webinar on Wednesday 23 October from 5pm – 5:45pm.

    The webinar aims to support individuals who are interested in becoming teachers but are unsure about their options. This includes students who are graduating this summer as well as those who are already qualified to start training.

    Nationally, challenges remain in recruiting teachers, with a new 5% pay award helping to attract more applicants. However, primary and secondary teacher training applications are still below target across the UK for the academic year 2023/24.

    Councillor Suzy Horton, Cabinet Member for Children, Families and Education at Portsmouth City Council, said:

    “I would like to thank everyone for their interest in attending Teach Portsmouth’s webinar. It is perfectly timed to give those at the start of their teaching career an opportunity to ask questions and learn more about the profession – just as applications open.

    “While there are challenges nationally, Portsmouth is leading the way in demystifying training routes into teaching and providing practical advice for those ready to take the next step.”

    The webinar will feature local teacher training providers and early career teachers, offering a range of perspectives and experiences to help aspiring educators understand the variety of pathways available.

    Topics will include university-led postgraduate courses, school-centred initial teacher training (SCITT) programmes, and financial support options including bursaries and scholarships. Attendees will have the chance to ask questions during a live Q&A session.

    While the UK faces ongoing pressures in teacher recruitment, Portsmouth is working proactively to attract and retain talent. Local initiatives to recruit teaching assistants and school staff, have helped the city stay ahead in tackling these challenges.

    Over the last academic year, 12 people have been recruited into support vacancies and volunteering roles in schools. Alongside this, a further 34 people have started training with The Learning Place. These sessions are designed to boost skills and confidence, preparing people before applying for a vacancy.

    Teach Portsmouth’s Love to Teach webinar is free to attend and held on Zoom video conferencing. Those interested will need to register in advance of the session.

    For more information about the webinar, please visit http://www.teachportsmouth.co.uk/webinar.

    MIL OSI United Kingdom –

    January 24, 2025

  • MIL-OSI United Kingdom: Council enjoy significant success in fly-tipping crackdown

    Source: Northern Ireland City of Armagh

    Officers from Armagh City, Banbridge and Craigavon Borough Council have revealed significant successes in their crack-down against fly-tippers over recent months.

    Since the start of April this year, 11 separate Fixed Penalty Notices (£400 fines) have been issued to those responsible for dumping rubbish in green areas and public spaces.

    These enforcement actions have taken place right across the ABC Borough in both urban and rural areas, with five Fixed Penalty Notices issued in Portadown, two in Armagh, two in Lurgan, two in Craigavon and one in Keady.

    A spokesperson for ABC Council said one offender who dumped waste outside a recycling centre in Keady when it was closed and failed to pay the Fixed Penalty Fine was later taken to court and fined £500 plus costs.

    The spokesperson said: “A further five people who failed to respond to notices issued in relation to fly-tipping offences were fined in court with the fines ranging from £150 to £300 plus costs.

    “There is no reason why anyone would have to fly-tip waste as the council provides a collection service for bulk waste items such as white goods, furniture etc.

    “We would also urge anyone who does not have the appropriate wheeled bins for their waste to contact their landlord where appropriate or contact the Environmental Services Department within council.”

    The spokesperson added: “Fly-tipping is damaging to the climate, the environment and local wildlife and our Environmental Health officers are determined to continue our zero-tolerance approach, by pursuing all those responsible for fly-tipping and issuing these very significant fines.”

    Members of the public can also help in the fight against fly-tipping, by reporting incidents via the ABC Council App which is available to download on the App store and Google Play store, or by calling the Council’s Environmental Health team directly on 0300 0300 900.

    MIL OSI United Kingdom –

    January 24, 2025

  • MIL-OSI United Kingdom: Challenges for the Mayor’s 2025-26 budget

    Source: Mayor of London

    The Mayor of London is responsible for a total budget of £20.7 billion, but what should be his priorities for 2025-26?

    The Mayor’s Budget Guidance document highlights three issues “causing considerable uncertainty to the Greater London Authority (GLA) Group’s medium-term financial forecast”:

    • the future state of London’s economy.
    • the upcoming spending reviews for 2025-26, to be announced as part of the Autumn Budget on 30 October 2024, and for 2026-29, which is due in Spring 2025.
    • the prospect of the government introducing reforms to the local government finance system.1

    The London Assembly Budget and Performance Committee will meet tomorrow to hear from a panel of outside experts on the effectiveness of the Mayor’s current budget priorities, and also to discuss and anticipate future financial trends and challenges ahead of next year’s budget.

    Guests include:

    Panel 1 – TfL Funding (10am – 11.15am)

    • Stuart Hoggan, Associate Consultant, LG Futures
    • Antonia Jennings, CEO, Centre for London
    • Tom Pope, Deputy Chief Economist, Institute for Government
    • Tony Travers, London School of Economics (LSE) Department of Government and Director of LSE London
    • Luke Hillian, Strategic Finance Analyst, London Councils
    • Michael Roberts, CEO, London TravelWatch

    Panel 2 – Affordable Housing Delivery (11.15am – 12.10pm)

    • Stephanie Pollitt, Programme Director (Housing), BusinessLDN
    • Stuart Hoggan, Associate Consultant, LG Futures
    • Antonia Jennings, CEO, Centre for London
    • Tom Pope, Deputy Chief Economist, Institute for Government
    • Tony Travers, LSE Department of Government and Director of LSE London
    • Luke Hillan, Strategic Finance Analyst, London Councils

    Panel 3 – London Police and Crime Plan and the New Met for London Programme (12.10pm – 1pm)

    • Rick Muir, Director, Police Foundation
    • Ian Wiggett, Associate Director, World Policing Advisory

    The meeting will take place on Tuesday 22 October from 10am, in the Chamber at City Hall, Kamal Chunchie Way, E16 1ZE.

    Media and members of the public are invited to attend.

    The meeting can also be viewed LIVE or later via webcast or YouTube.

    Follow us @LondonAssembly.

    MIL OSI United Kingdom –

    January 24, 2025

  • MIL-OSI Russia: Applications for the 2025 Winter PPS Competition are now open

    Translation. Region: Russian Federation –

    Source: State University Higher School of Economics – State University Higher School of Economics –

    On October 21, the Higher School of Economics launched the next contest to fill positions of professorial and teaching staff in Moscow, Saint Petersburg And Perm. The competitive application provides for the candidate to choose a preferred career path – academic, educational and methodological or practice-oriented. 273 vacancies are posted for the competition, documents are accepted until 15:00 on November 25.

    Of the 273 vacancies, 172 are offered in Moscow, 79 in St. Petersburg, and 22 in Perm. The Nizhny Novgorod campus is not participating in this competition.

    A total of 707 applications were submitted for the 2024 summer competition, including 476 in Moscow, 152 in St. Petersburg, 36 in Nizhny Novgorod, and 43 in Perm. Decisions on election to the position were made based on 598 applications (415, 106, 34, and 43 by campus, respectively).

    The competition for filling the positions of the teaching staff at the National Research University Higher School of Economics is as open as possible; external candidates have the same chances of winning as current HSE employees. Documents are submitted online in the electronic system – this simplifies the submission of the competition application, gives the opportunity to take part in the competition to people from different cities and countries.

    The selection for the 2025 winter competition consists of several stages.

    First, the applicant must submit the competition documents, then the specialized personnel commissions (there are 34 of them) will decide whether to continue their consideration or reject them, after which their examination will begin, and if necessary, interviews and personal appearances will be held. Any candidate for the position of faculty member can consult with the managers of the personnel commissions at any time and ask them any questions they may have, regardless of whether they are from HSE or not.

    More information about the stages of the competition can be found on its page, and explanations on the preparation of documents and criteria for assessing applicants are also posted here. The registration procedure for participation in the competition lasts more than a month – this time is enough to order and submit documents confirming the absence of restrictions on conducting educational activities.

    Each applicant must fill out the type of competition questionnaire that corresponds to their status. There are three types: “I am a teacher at HSE”, “I work at HSE under an employment contract, but I am not a teacher / I work under a civil contract”, “I am an external participant”. Completion of the competition questionnaire for all participants is carried out through a single personal account (SPA), to enter which university employees can use a corporate login and password. External participants must register in the SPA, after which a password will be sent to the email address they specified.

    When filling out the competition questionnaire, each participant will be asked to choose the closest professional (career) trajectories, within which he sees his professional development at HSE (first and second priorities). There are three such trajectories: academic, educational-methodological and practice-oriented. The candidate’s choice of a preferred career trajectory in the competition application must be confirmed by the data and indicators that he presents in his questionnaire.

    The core of the requirements for employees on the academic trajectory is publication activity in terms of scientific publications. The evaluation criteria for the educational-methodological and practice-oriented professional trajectories have been developed by specialized personnel commissions and approved by the academic councils of faculties/branches.

    In recent years, attention has been paid to the compliance of candidates working at the Higher School of Economics with the rules and principles of assessing student learning outcomes (preventing “grade inflation”). The questionnaire includes a question about taking courses to develop teaching skills, regardless of the chosen trajectory. If you have not completed such courses as part of your advanced training, you can start with independent study of the online course “Modern Approaches to Teaching and Learning”. Other opportunities are also available as part of the “Teach4HSE / We Teach at HSE” project.

    If the candidate has entered into an agreement on electronic interaction (this is only possible on the Moscow campus), he/she will be able to sign the application in electronic format using a simple electronic signature. If he/she has not entered into an agreement, then by November 25, it is necessary to either send a scan of the signed application to the e-mail addresses indicated on page in the section “Application for participation in the faculty competition”, or submit the original to the single reception office of the HSE University – Moscow, to the academic secretary – at the HSE University in St. Petersburg and Perm, or send the document by mail (this can be done before the end of the document acceptance period, notifying the university about sending and keeping the receipt). When filling out the questionnaire, you will be able to see the corresponding instructions.

    The results of the competition will be announced on February 13 by the Academic Councils of the branches (recommendation of professors, election of assistants, lecturers, senior lecturers, associate professors), on February 26 – by the Academic Council of the HSE in Moscow (voting for participants from the capital, for professors from the HSE in St. Petersburg and Perm). The format of the faculty competition will be determined before the meeting of the Academic Council of the HSE / branch at which the competition will be held, and posted on the HSE portal.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    http://vvv.hse.ru/nevs/edu/977901263.html

    MIL OSI Russia News –

    January 24, 2025

  • MIL-OSI Translation: 18/10/2024 The Sejm adopted an act amending the excise tax on tobacco products, innovative products and e-cigarette liquid

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    Source: Polish Excise Duty in Polish. Source: Polish Excise Duty in Polish.18 of 2024, at its 20th session, the Sejm of the Republic of Poland passed an act amending the Excise Duty Act and certain other acts (print no. 692). The act assumes making the current excise road map more realistic by increasing excise duty rates on tobacco products (cigarettes, smoking tobacco and cigars and cigarillos), dried tobacco and innovative products, as well as including e-cigarette liquid in the scope of this map in the years 2025-2027. The impetus for introducing the update of rates was the increasing purchasing power of consumers from year to year. With the increase in the average salary, an increasing number of stimulants can be purchased for a monthly salary. The increase in excise duty rates on tobacco products and their substitutes is primarily intended to limit the consumption of the above products by consumers, especially minors. The current tax rates will apply until July 28, 2025. New excise duty rates will apply from March 1, 2025. MIL OSIMIL OSI

    MILES AXIS

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

    January 24, 2025

  • MIL-OSI Translation: 20/10/2024 Announcement regarding Military Preparation Units

    MIL ASI Translation. Region: Polish/Europe –

    Fuente: Gobierno de Polonia en poleco.

    Announcement regarding Military Preparation Units20.10.2024The number of applications for the creation of new classes under the Military Preparation Units (OPW) program specified for 2025 results from the number of applications from schools themselves. In other words, our predecessors prepared the program in such a way that schools are not eager to continue it.

    This year alone, out of over half a thousand OPW schools operating, almost half have not had their first classes created. As for the 300,000-strong army, only about 5% of all people recruited for military service this year are students of military classes. And let’s not forget that some schools that have received permission to create OPW have never created a first class! We are making the units more realistic in line with needs and, unfortunately, the demographic decline. What’s more, out of the 200 limit places specified by the previous MON management, only 75 applications have been submitted. That is not even half.

    MILES AXIS

    EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

    MIL Translation OSI

    January 24, 2025

  • MIL-OSI: Nicholas Wealth Announces $100,000,000 in AUM for $FIAX ETF

    Source: GlobeNewswire (MIL-OSI)

    MARIETTA, Ga., Oct. 21, 2024 (GLOBE NEWSWIRE) — Nicholas Wealth, a leading provider of actively managed income ETFs, just announced that the Nicholas Fixed Income Alternative ETF (FIAX) now has $100,000,000 in assets under management.

    “We are humbled to see the incredible growth in AUM for our FIAX ETF. The success of this fund is a testament to the investors and financial advisors throughout the United States and globally who have believed in us. On behalf of the entire XFUNDS / Nicholas Wealth team, thank you! We are excited for the future of FIAX.” – David Nicholas, Portfolio Manager of FIAX

    Distribution as of 9/18/2024

    ETF Ticker Distribution
    per Share    		 Distribution
    Rate    		 30-Day SEC
    Yield    		 Ex-Date Record Date Payment
    Date
    FIAX $0.1321 8.03%3 3.19%2 9/16/2024 9/17/2024 9/18/2024


    Inception date: 11/30/2022
    Click here to view standardized performance for FIAX.

    The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (855) 563-6900.

    1Nicholas Fixed Income Alternative ETF has a gross expense ratio of 0.95%.

    2The 30-Day SEC Yield for FIAX is 3.19%. The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended September 30, 2024, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.

    3The Distribution Rate is the annual rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return.

    Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. Please see the 19a-1 notice for more information on return of investor capital. The distribution may contain a return of capital, but an estimate cannot be provided at this time.

    As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

    Investors in the Fund will not have rights to receive dividends or other distributions with respect to the underlying reference asset.

    Must be preceded or accompanied by a prospectus.

    Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    Risk Information

    Investments involve risk. Principal loss is possible.

    Investing in the Funds involves a high degree of risk.

    THE FUND, TRUST, AND SUB-ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING ETF.

    Due to the Funds’ investment strategies, the Funds’ investment exposures are concentrated in the same industries that are assigned to the underlying stock or ETF. As with any investment, there is a risk you could lose all or part of your investment in the Fund. Some or all of these risks may adversely affect the Funds’ net asset value (“NAV”) per share, trading prices, yields, total returns, and/or ability to meet their objective.

    Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may only be acquired or redeemed from the Fund in creation units. Brokerage commissions will reduce returns.

    Investments involve risk. Principal loss is possible.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in option contracts which exposes the Fund to the risk that the counterparty will not fulfill its obligation to the Fund.

    Equity Market Risk. By virtue of the Fund’s investments in option contracts equity ETFs and equity indices, the Fund is exposed to common stocks indirectly which subjects the Fund to equity market risk.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    Hedging Transactions Risk. Hedging transactions involve risks different than those of underlying investments. In particular, the variable degree of correlation between price movements of hedging transactions and price movements in the position being hedged means that losses on the hedge may be greater than gains in the value of the Fund’s positions, opportunities for gain may be limited or that there may be losses on both parts of a transaction.

    Illiquid Investments Risk. The Fund may, at times, hold illiquid investments, by virtue of the absence of a readily available market for certain of its investments, or because of legal or contractual restrictions on sales.

    Interest Rate Risk. The value of the Fund’s investments in fixed income Treasury securities will fluctuate with changes in interest rates.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Yield to Maturity: Yield to maturity (YTM) is the total return anticipated on a bond if the bond is held until it matures.

    Dividend Yield: The dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

    Average Duration: A measure of a fund’s interest-rate sensitivity—the longer a fund’s duration, the more sensitive the fund is to shifts in interest rates. Duration is determined by a formula that includes coupon rates and bond maturities. Small coupons tend to increase duration, while shorter maturities and higher coupons shorten duration.

    Distributed by Foreside Fund Services, LLC. Foreside Fund Services, LLC is not affiliated with Tidal Financial Group

    Launch & Structure Partner: Tidal Financial Group.

    The MIL Network –

    January 24, 2025

  • MIL-OSI: Prospect Capital Corporation Upsizes Preferred Stock Offering to $2.25 Billion

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today an upsize to Prospect’s preferred stock offering (the “Preferred Stock” or the “Offering”) with Preferred Capital Securities (”PCS”). The Offering has seen strong demand from the private wealth, institutional, and Registered Investment Advisor channels, with $1.8 billion in aggregate liquidation preference issuances since the initial closing in the quarter ending December 31, 2020.

    “Prospect’s non-traded preferred stock offers investors recurring cash income with a stable stated value, ongoing liquidity, management alignment, leverage caps, and over $3.7 billion of junior common equity credit support,” said Grier Eliasek, President of Prospect. “Prospect is the number one market share issuer of non-traded preferred stock in 2023 and 2024 year-to-date, with each of institutional, registered investment advisor, wirehouse, independent private wealth, and international investor channels having invested in Prospect’s preferred stock. With interest rates declining, we believe our A4/M4 preferred stock series, with a current 7.28% annualized floating rate dividend structure and 6.50% dividend rate floor, offers an attractive option for income-oriented investors.”

    PCS is a securities broker dealer and the dealer manager for the ongoing offering of the Series A4 and M4 Preferred Stock. PCS has raised $5.0 billion of capital since its formation in 2011.

    This press release is for informational purposes and is not an offer to purchase or sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The ongoing offering of the Series A4 and M4 Preferred Stock is being made only by means of the prospectus supplement and the accompanying prospectus, copies of which may be obtained by writing to PCS at 3290 Northside Parkway NW, Suite 800, Atlanta, GA 30327. Investors are advised to carefully consider the investment objective, risks, charges and expenses of Prospect and the Preferred Stock before investment. The prospectus supplement and accompanying prospectus contain this and other important information about Prospect and the Preferred Stock and should be read carefully before investing.

    About Prospect Capital Corporation

    Prospect is a business development company lending to and investing in private businesses. Prospect’s investment objective is to generate both current income and long-term capital appreciation through debt and equity investments.

    Prospect has elected to be treated as a business development company under the Investment Company Act of 1940. We have elected to be treated as a regulated investment company under the Internal Revenue Code of 1986.

    Caution Concerning Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, whose safe harbor for forward-looking statements does not apply to business development companies. Any such statements, other than statements of historical fact, are highly likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under our control, and that we may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and we undertake no obligation to update any such statement now or in the future.

    For further information, contact:
    Grier Eliasek, President and Chief Operating Officer
    grier@prospectcap.com
    Telephone (212) 448-0702

    The MIL Network –

    January 24, 2025

  • MIL-OSI: Leading Independent Proxy Advisory Firm ISS Issues New Recommendation in Support of Territorial/Hope Bancorp Combination

    Source: GlobeNewswire (MIL-OSI)

    ISS Recommends Territorial Shareholders Vote “FOR” Hope Bancorp Transaction

    ISS Recognizes Value Creation Upside of the Hope Bancorp Merger and Risks and Uncertainty Associated with Blue Hill’s Preliminary Indication of Interest

    Territorial Board Urges Shareholders to Follow ISS’s Recommendation and Vote “FOR” the Hope Bancorp Merger Today

    HONOLULU, Oct. 21, 2024 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (“Territorial” or the “Company”) today announced that leading independent proxy advisory firm Institutional Shareholder Services (“ISS”) has reissued its report assessing Territorial’s proposed merger with Hope Bancorp, Inc. (NASDAQ: HOPE) (“Hope Bancorp”).

    In its report, ISS recommends that Territorial shareholders vote “FOR” the Company’s pending merger with Hope Bancorp at the Special Meeting on November 6, 2024, at 8:30 a.m., Hawai‘i Time.

    The Territorial Board of Directors also unanimously recommends that all Territorial shareholders vote “FOR” the Hope Bancorp agreement.

    Commenting on the report, Territorial issued the following statement:

    The Hope Bancorp merger is the only transaction that provides realizable value and substantial upside for Territorial shareholders. This tax-free transaction also enables our shareholders to benefit from a more than 1000% increase to Territorial’s standalone dividend. Accordingly, we strongly urge all Territorial shareholders to vote FOR the transaction today.

    ISS’s report recognizes the risks and uncertainty associated with Blue Hill’s preliminary indication of interest, including a lack of financing, failure to identify the entities behind Blue Hill and questionable ability to execute the indication of interest. These deficiencies support our belief that Blue Hill does not have the ability to complete a transaction with Territorial or to obtain the necessary regulatory approvals for the transaction in a timely manner.

    In making its recommendation, ISS stated in its October 18, 2024, reporti:

    • “A merger with HOPE is arguably a better outcome for TBNK than remaining standalone, given the strategic rationale for the combination and the issues facing the company”
    • “we find that the board’s caution [regarding Blue Hill] appears to have a reasonable basis. The request for evidence of committed financing and increased disclosure regarding the consortium, in particular, seem to be low hanging fruit that Blue Hill could provide to address these concerns.”
    • “In our engagement with the company, the board expressed a willingness to engage with Blue Hill if its concerns could be properly addressed in order to best protect shareholders.”
    • “It is unclear at this point why Blue Hill has not provided the board the details it has asked for.”

    Time is short. The Special Meeting is fast approaching. Territorial shareholders are urged to follow the recommendations from ISS and the Territorial Board by voting today FOR the transaction with Hope Bancorp.


    YOUR VOTE IS IMPORTANT NO MATTER HOW MANY OR HOW FEW SHARES YOU OWN!

    Please take a moment to vote FOR the proposals set forth on the enclosed proxy card — by Internet, telephone toll-free or by signing, dating and returning the enclosed proxy card or voting instruction form. Vote well in advance of the Special Meeting on November 6, 2024, at 8:30 a.m. Hawaiʻi Time.

    If you have questions about how to vote your shares, please contact:

    Laurel Hill Advisory Group

    Call toll-free: (888) 742-1305
    Banks and brokers should call: (516) 933-3100


    About Us

    Territorial Bancorp Inc., headquartered in Honolulu, Hawaiʻi, is the stock holding company for Territorial Savings Bank. Territorial Savings Bank is a state-chartered savings bank which was originally chartered in 1921 by the Territory of Hawaiʻi. Territorial Savings Bank conducts business from its headquarters in Honolulu, Hawaiʻi, and has 28 branch offices in the state of Hawaiʻi. For additional information, please visit https://www.tsbhawaii.bank/.

    Additional Information about the Hope Merger and Where to Find It

    In connection with the proposed Hope Merger, Hope has filed with the U.S. Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4, containing the Proxy Prospectus, which has been mailed or otherwise delivered to Territorial’s stockholders on or about August 29, 2024, as supplemented September 12, 2024. Hope and Territorial may file additional relevant materials with the SEC. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE PROXY PROSPECTUS, AND ANY OTHER RELEVANT DOCUMENTS THAT ARE FILED OR FURNISHED OR WILL BE FILED OR FURNISHED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS. You may obtain any of the documents filed with or furnished to the SEC by Hope or Territorial at no cost from the SEC’s website at http://www.sec.gov.

    Forward-Looking Statements

    Some statements in this news release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements relate to, among other things, expectations regarding the low-cost core deposit base, diversification of the loan portfolio, expansion of market share, capital to support growth, strengthened opportunities, enhanced value, geographic expansion, and statements about the proposed transaction being immediately accretive. Forward-looking statements include, but are not limited to, statements preceded by, followed by or that include the words “will,” “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates” or similar expressions. With respect to any such forward-looking statements, Territorial Bancorp claims the protection provided for in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Hope Bancorp’s actual results, performance or achievements may differ significantly from the results, performance or achievements expressed or implied in any forward-looking statements. The closing of the proposed transaction is subject to regulatory approvals, the approval of Territorial Bancorp stockholders, and other customary closing conditions. There is no assurance that such conditions will be met or that the proposed merger will be consummated within the expected time frame, or at all. If the transaction is consummated, factors that may cause actual outcomes to differ from what is expressed or forecasted in these forward-looking statements include, among things: difficulties and delays in integrating Hope Bancorp and Territorial Bancorp and achieving anticipated synergies, cost savings and other benefits from the transaction; higher than anticipated transaction costs; deposit attrition, operating costs, customer loss and business disruption following the merger, including difficulties in maintaining relationships with employees and customers, may be greater than expected; and required governmental approvals of the merger may not be obtained on its proposed terms and schedule, or without regulatory constraints that may limit growth. Other risks and uncertainties include, but are not limited to: possible further deterioration in economic conditions in Hope Bancorp’s or Territorial Bancorp’s areas of operation or elsewhere; interest rate risk associated with volatile interest rates and related asset-liability matching risk; liquidity risks; risk of significant non-earning assets, and net credit losses that could occur, particularly in times of weak economic conditions or times of rising interest rates; the failure of or changes to assumptions and estimates underlying Hope Bancorp’s or Territorial Bancorp’s allowances for credit losses; potential increases in deposit insurance assessments and regulatory risks associated with current and future regulations; the outcome of any legal proceedings that may be instituted against Hope Bancorp or Territorial Bancorp; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the common stock of either or both parties to the proposed transaction; and diversion of management’s attention from ongoing business operations and opportunities. For additional information concerning these and other risk factors, see Hope Bancorp’s and Territorial Bancorp’s most recent Annual Reports on Form 10-K. Hope Bancorp and Territorial Bancorp do not undertake, and specifically disclaim any obligation, to update any forward-looking statements to reflect the occurrence of events or circumstances after the date of such statements except as required by law.   

    Investor / Media Contacts:
    Walter Ida
    SVP, Director of Investor Relations
    808-946-1400
    walter.ida@territorialsavings.net

    i Permission to use quotes neither sought nor obtained

    The MIL Network –

    January 24, 2025

  • MIL-OSI: Beamr to Present at the ThinkEquity Conference

    Source: GlobeNewswire (MIL-OSI)

    Herzliya, Israel, Oct. 21, 2024 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today announced the Company will present at the following investor conference:

    Event: The ThinkEquity Conference
    Date: October 30, 2024
    Time: 10:30 am ET
    Location: New York, NY
    Presenters: Sharon Carmel, Founder and Chief Executive Officer
      Danny Sandler, Chief Financial Officer

    Beamr Investors website: https://www.investors.beamr.com/

    About Beamr

    Beamr (Nasdaq: BMR) is a world leader in content-adaptive video optimization and modernization. The company serves top media companies like Netflix and Paramount. Beamr’s inventive perceptual optimization technology (CABR) is backed by 53 patents and won the Emmy® award for Technology and Engineering. The innovative technology reduces video file size by up to 50% while guaranteeing quality.

    Beamr Cloud is a high-performance, GPU-based video optimization and modernization service designed for businesses and video professionals across diverse industries. It is conveniently available to Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers. Beamr Cloud enables video modernization to advanced formats such as AV1 and HEVC, and is ready for video AI workflows. For more details, please visit http://www.beamr.com 

    Forward-Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 4, 2024, and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof, and the Company undertakes no duty to update such information except as required under applicable law.                                  

     Investor Contact:

    investorrelations@beamr.com

    The MIL Network –

    January 24, 2025

  • MIL-OSI: Amplify ETFs Announces the Amplify Bloomberg AI Value Chain ETF (NYSE: AIVC)

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, Oct. 21, 2024 (GLOBE NEWSWIRE) — Amplify ETFs announces its newly appointed fund, the Amplify Bloomberg AI Value Chain ETF (NYSE: AIVC). In an equal-weighted index approach, AIVC invests in a global mix of semiconductor, cloud/software and hardware companies that form the foundation of artificial intelligence (AI) technologies through the Bloomberg AI Value Chain Index.

    According to forecasts, the global AI market is expected to grow from $638 billion in 2024 to $3.6 trillion by 2034.1 This growth will be driven by increased AI spending across the private sector, government initiatives and individuals. AIVC is positioned to capture these trends through its unique AI value chain focus.

    AIVC uses an equal-weighted rules-based approach alongside insights from Bloomberg Intelligence analysts to identify companies that are essential to the AI ecosystem. Technologies like generative AI, machine learning, natural language processing and AI infrastructure all rely on semiconductors, hardware, and cloud software systems to operate.

    “AI is fundamentally reshaping industries worldwide and AIVC provides investors with diverse exposure to companies that are the backbone of this industry,” said Christian Magoon, CEO of Amplify ETFs. “Our new focus on AI and its value chain aligns this fund with one of the most compelling growth themes of the next decade.”

    AIVC tracks the Bloomberg AI Value Chain Index, which identifies the top 45 companies integral to AI categorized into semiconductors, hardware, and software/cloud systems. These sectors are the backbone of the AI landscape, enabling the widespread adoption of AI solutions globally. The index is powered by Bloomberg Intelligence (BI) Research, a renowned group of 400+ research professionals across 21 markets. The BI team utilizes proprietary research to evaluate data and trends for creating thematic index baskets.

    The announcement of AIVC is the result of name, fee and strategy changes to the Amplify Global Cloud Technology ETF (IVES). No action is required by current shareholders as a result of this change. These changes were previously communicated via a supplement to the IVES Summary Prospectus, Statutory Prospectus and Statement of Additional Information (“SAI”), as published on August 15, 2024.

    Investors can learn more about AIVC at AmplifyETFs.com/AIVC.

    About Amplify ETFs
    Amplify ETFs, sponsored by Amplify Investments, has over $10 billion in assets across its suite of ETFs (as of 10/11/2024). Amplify ETFs delivers expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs.

    1https://www.precedenceresearch.com/artificial-intelligence-market

    Carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Fund’s statutory and summary prospectuses, which may be obtained at AmplifyETFs.com. Read the prospectus carefully before investing.

    Investing involves risk, including the possible loss of principal. There can be no assurance that the Fund’s investment objectives will be achieved. Investments concentrated in specific industries, sectors, markets, or asset classes may underperform or experience greater volatility than the general securities market.

    Investments in artificial intelligence or cloud technology companies are exposed to risks such as small markets, technological obsolescence, and government regulation. These companies, especially smaller ones, are more volatile and susceptible to adverse events in specific regions or industries.

    International investing entails risks related to foreign currency, limited liquidity, less government regulation, and potential volatility from political, economic, or other developments, particularly in emerging markets and concentrated investments in single countries.

    Investment Adviser: Amplify Investments LLC; Sub-Adviser: Penserra Capital Management LLC

    Amplify ETFs are distributed by Foreside Fund Services, LLC.

    The MIL Network –

    January 24, 2025

  • MIL-OSI United Kingdom: Up to £600 cash boost for Britain’s lowest paid to help kickstart the economy

    Source: United Kingdom – Executive Government & Departments

    Ten million working people across the country to benefit from an overhaul of workers’ rights as the Government’s landmark Employment Rights Bill returns to Parliament.

    • Impact assessment shows the Employment Rights Bill will have a positive direct impact on economic growth
    • Reforms means extra 30,000 new dads qualify for paternity leave
    • Positive impacts set out include the Employment Rights Bill delivering up to £600 income savings for workers in the lowest paid, insecure jobs

    Ten million working people across the country will benefit from an overhaul of workers’ rights as the Government’s landmark Employment Rights Bill returns to Parliament today (Monday 21 October).

    The Bill will support employers, workers and unions to get Britain growing again as shown by its Impact Assessment published today, setting out how it could boost productivity, create better working conditions and move more people into secure work while improving living standards for families and communities across the UK.

    The analysis shows “many of the policies within the Employment Rights Bill could help support the Government’s Mission for Growth.” It concludes that the package could have “a positive but small direct impact on economic growth” and will “help to raise living standards across the country and create opportunities for all.”

    Poor productivity, insecure work, and broken industrial relations have been holding back the British economy for too long. Last year the country saw the highest number of working days lost to strikes since the 1980s – costing the economy millions of pounds. This has entrenched a culture of brinkmanship that only serves to damage public services, public finances, and public faith in institutions. Today is a significant step in putting an end to that – as the Employment Rights Bill reaches its second reading, alongside a package of consultations to help inform its next steps. This includes a consultation on our new approach to Statutory Sick Pay, where the Bill will be removing the waiting period and the Lower Earnings Limit.

    The Bill is expected to benefit people in some of the most deprived areas of the country by saving them up to £600 in lost income from the hidden costs of insecure work. Around 2.4 million people in the UK work irregular patterns like zero or low hours contracts or agency jobs, where insecure hours can mean forking out on expensive childcare or transport to cover last-minute shifts – or losing out altogether if work is changed or cancelled at short notice.

    New protections like guaranteed hours and giving reasonable notice or compensation for lost work will help shift workers keep up to £600 a year, including workers in the North and Midlands where irregular work is highest.

    For a cleaner working night shifts on an average annual wage of £21,058, a £600 saving would be worth over £250 more a year than the last two national insurance cuts.

    Deputy Prime Minister Angela Rayner said:

    We’re delivering real change for working people across the country, while driving our mission for growth and making people better off.

    Successful firms already know that strong employee rights mean strong growth opportunities. This landmark legislation will extend the employment protections given by the best British companies to millions more workers.

    We said we would get on and deliver the biggest upgrade to rights at work in a generation and the growth our economy needs – and that is exactly what we are doing.

    Speaking in the House later today, Business Secretary Jonathan Reynolds will say:

    From our very first day in office, this Government has moved to restore security for working people.

    That principle runs throughout this legislation and ensuring that employee rights are fit for a modern economy, empower working people, and contribute to our central mission of economic growth.

    Make no mistake – a pro-worker economy is a pro-business economy. This legislation will deliver a new deal for working people. It will help fix our broken labour market. And it will tackle the poor pay, poor working conditions and poor job security that have been holding our economy back.

    The Plan to Make Work Pay was developed in partnership with both businesses and trade unions, and the Government will continue to work closely with all stakeholders on how best to implement these commitments. The Impact Assessment sets out further details on how the new measures will:

    • Create a level playing field for all businesses, raising standards and helping stop the undercutting of good employers. 

    • Make flexible working the default, helping people achieve a better work life balance, which can lead to happier, healthier and more productive employees, which benefits both workers and businesses.

    • Provide a boost for business by supporting higher workforce participation and more opportunities to employ a wider pool of talent, thanks to increased flexibility and employment rights.   

    • Bring 1.5 million workers into scope of the right to unpaid parental leave. 

    • Allow payments to workers for short notice shift cancellation or curtailment as high as £120 million per year

    • Offer benefits to workers in sectors such as hospitality, which makes up around 20% of low-paying jobs and accounts for a disproportionate amount of economic activity in areas of central Scotland, North Wales and Southwest England.
    • Create a right to bereavement leave following the death of a loved one, which could benefit up to 2 million people a year.

    The analysis also confirms costs to business will represent under 0.4% of total employment costs across the economy. The majority of this will be transferred directly into the pockets of workers – helping raise living standards and give people more money to spend on the high cost of living, which has driven up over the past 14 years.

    Through new consultations launched today, the Government will be seeking views on the following four areas: 

    Strengthening Statutory Sick Pay through setting a new rate for those on lower earnings

    As part of the Government’s Plan to Make Work Pay the waiting period for Statutory Sick Pay (SSP) will be removed as well as the Lower Earnings Limit. These changes will ensure SSP is available to employees from day one of their sickness absence and is available to all employees, regardless of their earnings. A consultation will seek views on what percentage rate should be paid for those earning below the current rate.

    The UK currently has one of the least protected labour markets in the OECD and these changes will mean up to 1.3 million employees who are currently excluded from SSP will now be eligible. Further detail is available here.

    Ensuring the provisions on Zero Hours Contracts apply effectively to agency workers

    The Government is committed to ending one-sided flexibility for all workers, which is why this consultation wants to fully understand how the zero hours contracts measures in the Employment Rights Bill can best be applied to agency workers without causing unintended consequences. Further detail is available here.

    Creating a modern framework for industrial relations

    Over recent years, trade union laws have been a barrier to effective, positive industrial relations in this country.  Alongside reforms in the Bill, the Government is consulting on several changes to the industrial relations framework, hardwiring a series of fundamental principles including collaboration and accountability, and enabling trade unions to represent and deliver on behalf of their workers. Further detail is available here.

    Strengthening remedies against abuse of the rules on collective redundancy and fire and rehire

    This consultation will ask for views on increasing the maximum period for the protective award in cases where employers haven’t complied with collective redundancy rules, and adding interim relief to collective redundancies and unfair dismissals in fire and rehire scenarios. Further detail is available here.

    Work and Pensions Secretary Liz Kendall MP said:

    Millions of employees across the UK who can’t immediately get sick pay if they are too unwell to work deserve better.

    People should not have to choose between earning a living at work or getting better at home – the changes we want to see will allow employees to do both and businesses to get on.

    We are now asking for your views on the rate of sick pay for low earners, as we fix our broken labour market and the poor pay and working conditions that have been holding our economy back.

    As set out in Next Steps to Make Work Pay, this package is just the first step as we look to engage all stakeholders on how to best put our plans into practice, with further consultation to come in the months ahead. The majority of reforms are expected to take effect no earlier than 2026.

    TUC General Secretary Paul Nowak said:

    Everyone who works for a living deserves to earn a decent living – and to be treated with dignity and respect. The Employment Rights Bill is an opportunity to make work pay for millions and to give working people vital rights and protections.

    We urge MPs from all parties to support this Bill and to be on the right side of history. It’s time to turn the page on the low-pay, low-rights and low-productivity economy of the last 14 years.

    Driving up employment standards is good for workers and good for business. It will allow people more control and predictability over their working lives – and stop decent employers from being undercut by the bad.

    Michelle Ovens CBE, Founder of Small Business Britain

    Small business owners are rarely against additional rights for their staff, so this is unlikely to deter them from hiring. Indeed they often exceed regulations to offer flexible local employment opportunities that deliver value beyond simply creating work. It must be remembered that the proposed Employment Rights Bill does include protections for employers – such as a lighter-touch process for fair dismissal so employers can continue operating probation periods.

    However, any changes must consider the squeezed budgets and resources small businesses have. We look forward to working with the Government to ensure owners have the support they need to navigate new processes and feel confident that they can meet the costs over the long term.

    Neil Carberry, Chief Executive of the Recruitment and Employment Confederation (REC), said:

    The Government consultations on the Employment Rights Bill offer a crucial chance for business and labour market experts to engage on the detail of how the proposals will impact flexible work.

    In particular, we welcome the opportunity to offer feedback on how agency work interacts with zero hours contracts. We asked for this and the Government have listened.  

    In delivering the Government’s plan to Make Work Pay, we must ensure the views of the full range of workers are taken into consideration and that the protections and opportunities currently afforded to many, for example to agency workers, are in no way jeopardised or put into conflict with future legislative changes.

    NOTES TO EDITORS

    • 10 million employees benefitting is based on:
      • ‘Making Unfair Dismissal a Day One’ right which will strengthen protections for all of the 9 million employees who have been with their employer for less than two years.
      • The 2.4 million employees on variable hours contracts that will benefits from a right to guaranteed hours and a right to payment for shifts cancelled, moved or curtailed at short notice.
      • ‘The right to Bereavement Leave’ following the death of a close family member which would benefit between 900,000 and almost 2 million people a year depending on the definition of the scope
      • Bringing an extra 30,000 fathers or partners into scope of Paternity Leave and 1.5 million workers into scope of the right to Unpaid Parental Leave.
    •  Following the consultation on Statutory Sick Pay, the government will specify the percentage rate in law and will seek to make this change through a government amendment to the Employment Rights Bill.
    • Employee will be entitled to a percentage of their weekly earnings or the current SSP flat rate, whichever is lower.   

    • More information on the Plan to Get Britain Working is available here: Back to Work Plan will help drive economic growth in every region – GOV.UK (www.gov.uk)

    • The government’s Impact Assessment shows that around 2.4 million people in the UK are in irregular work such as zero hours or low hours contracts or agency work. This is a total 8.3% of the UK’s workforce who will benefit from strengthened basic protections like guaranteed hours and reasonable notice and compensation for cancelled or changed shifts. These changes will also benefit people in more deprived areas of the country, including the North and Midlands where oa greater proportion of employees are in irregular work.
    • Research by the Living Wage Foundation finds that many shift workers end up forking out on expensive childcare or transport to cover last minute shifts or losing out on this money altogether after short notice changes or cancellations. The Living Wage Foundation estimates that these workers may each save up to £600 a year on lost income, thanks to new protections in the Bill. For a cleaner working night shifts on the median wage of £21,058, a £600 saving would be worth over £250 a year more than the last two national insurance cuts.

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    Published 21 October 2024

    MIL OSI United Kingdom –

    January 24, 2025

  • MIL-OSI Asia-Pac: MOIL signed a draft JV agreement with MP State Mining Corporation

    Source: Government of India (2)

    Posted On: 19 OCT 2024 7:07PM by PIB Delhi

    MOIL has entered into a draft joint venture agreement with Madhya Pradesh State Mining Corporation Limited (MPSMCL), at MP Mining Conclave’24 in Bhopal. This collaboration aims to advance manganese ore mining and undertake value-addition projects in the state of Madhya Pradesh.

    The formal signing ceremony took place in the esteemed presence of the  Chief Minister of Madhya Pradesh, Dr. Mohan Yadav, Mr. Sanjay Shukla, Principal Secretary, Government of Madhya Pradesh, Shri Ajit Kumar Saxena, CMD MOIL, and Shri M. M. Abdulla, Director (Production and Planning) MOIL, alongside other distinguished dignitaries.

    As per the agreement, a JV Company will be formed between MOIL and MPSMCL with a shareholding of 51% of MOIL and 49% of MPSMCL. This strategic partnership between MOIL and MPSMCL is expected to harness the rich manganese ore reserves in Madhya Pradesh, driving economic growth and creating numerous employment opportunities in the region, aligning with the vision of Atma Nirbhar Bharat.

     

    ******

    MG

    (Release ID: 2066380) Visitor Counter : 56

    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI: Mercury Selected by NAVAIR To Continue To Provide Advanced Data Transfer Systems for Navy Aircraft

    Source: GlobeNewswire (MIL-OSI)

    ANDOVER, Mass., Oct. 21, 2024 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, http://www.mrcy.com), a technology company that delivers mission-critical processing power to the edge, today announced it was awarded a five-year contract worth as much as $131.3 million from the U.S. Naval Air Systems Command (NAVAIR) to continue providing secure data transfer systems for naval aircraft.

    Mercury has been delivering Advanced Data Transfer Systems (ADTS) and components to the Navy since 2017 to support numerous rotary-wing and fixed-wing aircraft. These rugged, flexible, and proven systems simplify the secure transfer of data between planners on the ground and aircraft, significantly improving operational readiness of these airborne assets. The new indefinite delivery/indefinite quantity contract will allow Mercury to deliver upgraded power-thrifty ADTS units that incorporate the company’s JDAR encryption module.

    “Mercury has a strong partnership with the Navy, providing a range of data storage and transfer, video recorders, mission computers, and cockpit displays for the aircraft fleet,” said Roya Montakhab, Mercury’s SVP of Integrated Processing Solutions. “We are exceptionally proud to continue delivering ADTS systems that ensure critical government data is protected.”

    Mercury’s ADTS features:

    • Up to 3 TB (3 x 1 TB) solid state memory modules (each module available from 128 GB, 256 GB, or 1 TB) with up to 450/300 MB/s read/write transfer rates
    • Optional crash survivable memory module: Up to 30 GB of storage
    • 1 SATA port: optional for crash survivable flight data recorder
    • Up to 250ms of response time
    • MIL-STD-1553B, four 1,000 BASE-TX Gigabit ethernet, analog/digital video/audio, and discrete interfaces
    • External command over external communications circuit
    • Manual zeroize capabilities: via front panel switch
    • Meets information assurance requirements (S&U)

    Mercury Systems – Innovation that matters® 
    Mercury Systems is a technology company that delivers mission-critical processing power to the edge, making advanced technologies profoundly more accessible for today’s most challenging aerospace and defense missions. The Mercury Processing Platform allows customers to tap into innovative capabilities from silicon to system scale, turning data into decisions on timelines that matter. Mercury’s products and solutions are deployed in more than 300 programs and across 35 countries, enabling a broad range of applications in mission computing, sensor processing, command and control, and communications. Mercury is headquartered in Andover, Massachusetts, and has 23 locations worldwide. To learn more, visit mrcy.com. (Nasdaq: MRCY) 

    Forward-Looking Safe Harbor Statement 
    This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the Company’s focus on enhanced execution of the Company’s strategic plan. You can identify these statements by the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of any U.S. federal government shutdown or extended continuing resolution, effects of geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in or cost increases related to completing development, engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. government’s interpretation of, federal export control or procurement rules and regulations, changes in, or in the interpretation or enforcement of, environmental rules and regulations, market acceptance of the Company’s products, shortages in or delays in receiving components, supply chain delays or volatility for critical components, production delays or unanticipated expenses including due to quality issues or manufacturing execution issues, capacity underutilization, increases in scrap or inventory write-offs, failure to achieve or maintain manufacturing quality certifications, such as AS9100, the impact of supply chain disruption, inflation and labor shortages, among other things, on program execution and the resulting effect on customer satisfaction, inability to fully realize the expected benefits from acquisitions, restructurings, and operational efficiency initiatives or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, effects of shareholder activism, increases in interest rates, changes to industrial security and cyber-security regulations and requirements and impacts from any cyber or insider threat events, changes in tax rates or tax regulations, changes to interest rate swaps or other cash flow hedging arrangements, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, litigation, including the dispute arising with the former CEO over his resignation, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 28, 2024 and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

    INVESTOR CONTACT
    David Williams
    Mercury Investor Relations
    David.Williams@mrcy.com

    MEDIA CONTACT
    Turner Brinton
    Senior Director, Corporate Communications
    Turner.Brinton@mrcy.com

    The MIL Network –

    January 24, 2025

  • MIL-OSI Asia-Pac: Department of Agriculture and Farmers Welfare organized National Conference on Agriculture – Rabi Campaign 2024

    Source: Government of India (2)

    Department of Agriculture and Farmers Welfare organized National Conference on Agriculture – Rabi Campaign 2024

    Government of India will work collaboratively on every suggestion given by the Ministers and State representatives : Shri Shivraj Singh Chouhan

    Posted On: 19 OCT 2024 7:02PM by PIB Delhi

    With an objective to review and assess the crop performance during the preceding crop seasons and fix crop-wise targets for rabi season, the Union Minister of Agriculture, Shri Shivraj Singh Chouhan inaugurated National Conference on Agriculture for Rabi Campaign 2024 to at NASC Complex, New Delhi. The conference aimed to promote discussions among all stakeholders about innovative agricultural practices and digital initiatives to ensure smooth supply of essential Agri-inputs and support adoption of state-of-the-art technologies, thereby enhancing crop production and productivity.

     

    Addressing the Conference, Shri Shivraj Singh Chouhan said, “We need to move towards organic and natural farming to increase productivity and reduce dependency on chemicals and fertilizers. The aim is to increase per hectare yield while reducing the cost of production and offering genuine prices to the farmers.” A committee has been constituted to reduce the cost of transportation to reduce the gap between the procurement price and sale price. The States in collaboration with Centre need to work on increasing production based on Agro-climatic conditions to make India the largest food basket for the world. The national target of food grain production in 2024-25 will be 341.55 million tonnes. He assured that the Government of India will work collaboratively on every suggestion given by the Ministers and State representatives.

     

    At the conference, Shri Ramnath Thakur, Minister of State (Agriculture) requested the States to take immediate action to help farmers affected by crop damage due to floods and cyclone. The Senior Officers and Researchers need to assess the quality of Agri-inputs circulated in the market.

    The Minister of State (Agriculture), Shri Bhagirath Choudhary expressed his gratitude to research organizations for continuously working towards making the country self-reliant in production of pulses and oilseeds.

     

    The conference welcomed esteemed panelists from State Governments for interactive sessions on crucial topics covering enhancing productivity of oilseeds and pulses, clean plant programme, digital platforms like National Pest Surveillance System (NPSS) and Integrated Pesticide Management System (IPMS), DPIs under Digital Agriculture Mission and Seed Authentication, Traceability & Holistic Inventory (SATHI) portal.

    During the discussions, it was highlighted that to meet the increasing demand of edible oil in the country and to become self-reliant, the Government aims at increasing the production of oilseeds from 39.2 MMT in 2022-23 to 69.7 MMT in 2030-31, increase area under cultivation from existing 29 mha to 33 mha and improve yield from 1353 kg/ha to 2112 kg/ha by 2030-31. The panelists emphasized on the importance of conducting research on short-duration, high-yielding seed varieties and implementing comprehensive mechanization for the cultivation of pulses and oilseeds.

    The conference showcased the recent Agri-Tech initiatives of the Ministry for ensuring quality of agri-inputs and proactive pest management strategies. NPSS provides a nationwide view for predicting, planning, and managing pest and disease infestations and plays a pivotal role in protecting agricultural yields and promoting sustainable farming practices. Further, the role of IPMS to tackle the complaints / issues related to shortage of supply and misbranding of pesticides, real time monitoring of issuance of licenses, faceless and traceless quality assurance system using unique QR codes was highlighted. Likewise, the SATHI portal is a complete and integrated solution to encompass all the activities involved in production, inspection, processing, packing, tagging and disposal of all kinds of seeds ranging from Breeder, Foundation, Certified, TL seed.

    In the session on Digital Agriculture, the panelists deliberated on recently approved Digital Agriculture Mission, an umbrella scheme to support various Digital Public Infrastructure (DPI) initiatives for Agriculture and Special Centre Assistance to States for Capital Investment. The Mission focuses on enabling a convergent DPI ecosystem that enables farmer-centric solutions using integrated registries through AgriStack and providing various advisories through Krishi Decision Support System.

    The panelists also discussed on the need for regulations to ensure import of disease-free planting materials in case of fruits and orchids. The Clean Plant Programme will work to resolve such issues and produce, maintain and distribute pathogen-tested propagative material using therapeutic processes to clean plants.

    While responding on various sessions in Conference, the state representatives have responded the following (a)for Agriculture, holistic approach needs to be adopted, (b) Mechanization  is needed for  Oilseeds and Pulses, Good Quality seeds are required, (c) Private sector be encouraged to Research (d) Specialized project from ICAR (e) For CPP, attention on soil is required and support to private sector is welcome (f) For IPMS, AI Chatbot/advisory would be more efficient if it is in audio form.

    Addressing the Conference, Dr. Devesh Chaturvedi, Secretary Agriculture instructed the States to ensure completion of farmer registry for all farmers in the State by 31st March 2025 in camp mode to enable farmers to avail benefit of PM-KISAN. He also highlighted on the need for increasing the productivity of oilseeds and pulses. A check needs to be placed on overdosing of pesticides, circulation of spurious pesticides and seeds in the market. He urged States to ensure use of applications like NPSS, IPMS and SATHI and spread awareness in their respective States.

    Sh. Rajat Kumar Mishra, Secretary Fertilizer emphasized on use of drones for nano urea and crop monitoring. Dr. Himanshu Pathak, Secretary (DARE) and DG (ICAR) requested States to increase use of bio-fortified seeds, use of new variety and climate resilient seeds and seed replacement for increasing the productivity.

    This was followed by an interaction session with Hon’ble Ministers and Senior Officers of the States to raise issues concerning their states for increasing area coverage, yield, production and productivity in their States. The Agriculture Ministers from States raised their issues in relation to farmers and requested the Government of India to work on resolution. They also made some suggestions for betterment of agriculture and farmers.

    The Conference had participation from various Ministries, representatives from State Governments / Union Territories and other organizations. Through interactive sessions, the conference facilitated a comprehensive dialogue that would lead to actionable strategies for the upcoming rabi season.

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    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI United Kingdom: Central Library hosts breast cancer information event

    Source: City of Wolverhampton

    It takes place on Thursday (24 October) from 10.30am to 12pm in aid of Breast Cancer Now and in partnership with AgeUK. People are invited to come along for a cuppa, a cake and to find out more about support services in the local area. They can also wear something pink and make a donation for charity.

    Meanwhile, staff from the City of Wolverhampton Council’s Public Health team and the Black Country Integrated Care Board will be at Asda, Wolverhampton, next Monday between 10am and 3pm, to talk to people about the importance of breast screening and of routinely checking their breasts for any changes.

    Statistics show that around 1 in 7 women in the UK will be diagnosed with breast cancer at some point in their lives, making it the most common cancer in the UK. It leads to around 11,500 deaths each year – but the NHS breast screening programme is helping to reduce breast cancer mortality by around 20% in women who are regularly screened.

    Anyone registered with a GP as female will be invited for NHS breast screening every 3 years between the ages of 50 and 71. Those over 71 can request screening. If you have not been invited for breast screening by the time you are 53 but think you should have been, please contact the Dudley, Wolverhampton and South West Staffordshire Breast Screening Service – for more details.

    As well as screening, the NHS recommends that people check their breasts once a month. This will help with what is normal for your body therefore it will be easier to detect any changes that may need further examination from a health professional. For help, visit Check your breasts. You can also sign up to a monthly text reminder to check with Breast Cancer UK.

    John Denley, Wolverhampton’s Director of Public Health, said: “Cancer screening and routinely checking your breasts for any changes is essential for early detection, which is critical in improving treatment outcomes and survival rates.  

    “Early stage cancers are often more treatable and have a better prognosis than those detected at a later stage, and almost all women diagnosed with breast cancer at the earliest possible stage in England survive their disease for at least 5 years after diagnosis.

    “Screening can also identify precancerous conditions that can be treated before they develop into cancer, further reducing the risk of cancer development. By catching cancer early, screening programmes can reduce the overall burden of cancer, decrease healthcare costs, and improve the quality of life for patients.

    “If you have any questions or concerns, or simply fancy having a chat with experts while enjoying some free refreshments, please come along to our coffee morning and information session at Central Library on Thursday, or pop into Asda next Monday.”

    For more information about breast cancer in women please visit Breast cancer in women.    

    Though rare, men can also get breast cancer – for more information, please visit Breast cancer in men.

    For more information, resources and support, visit Living with breast cancer.

    MIL OSI United Kingdom –

    January 24, 2025

  • MIL-OSI Asia-Pac: PM launches ‘Karmayogi Saptah’ – National Learning Week

    Source: Government of India (2)

    PM launches ‘Karmayogi Saptah’ – National Learning Week

    New learnings during the National Learning Week will help in achieving our goal of Viksit Bharat by 2047: PM

    PM stresses on the need for innovative thinking and following a citizen-centric approach

    PM urges Civil services training institutions to communicate, learn from each other and adopt global best practices

    Successfully utilising Artificial Intelligence to drive progress for Aspirational India could lead to transformative change: PM

    Posted On: 19 OCT 2024 6:57PM by PIB Delhi

    Prime Minister Shri Narendra Modi launched the ‘Karmayogi Saptah’ – National Learning Week at Dr Ambedkar International Centre in New Delhi today. 

    Addressing the gathering, the Prime Minister said that through Mission Karmayogi our goal is to create human resources that would become the driving force of our country’s development. Expressing his satisfaction at the progress made, the Prime Minister added that if we keep working with this passion, no one can stop the country from progressing.  He underlined that the new learnings and experiences during the National Learning Week will provide strength and help in improving working systems which will help us achieve our goal of Viksit Bharat by 2047.

    Prime Minister discussed the steps taken to change the mindset of the government over the last ten years, whose impact is being felt by people today. He said this has become possible due to the efforts of the people working in the government and through the impact of steps like Mission Karmayogi.

    Prime Minister emphasized that while the world views Artificial Intelligence (AI) as an opportunity, for India, it presents both a challenge and an opportunity. He spoke about two AIs, one being the Artificial Intelligence and the other, Aspirational India. Prime Minister stressed the importance of balancing both and said that if we successfully utilise Artificial Intelligence to drive progress for Aspirational India, it could lead to transformative change.

    Prime Minister also said that information equality has become a norm due to the impact of the digital revolution and social media. With AI, information processing is also becoming equally easy making citizenry informed and empowering them to keep a tab on all of the activities of the government. So, the civil servants need to keep themselves abreast with latest technological developments so as to meet the rising standards, wherein Mission Karmayogi can prove to be of help.

    He stressed on the need for innovative thinking and following a citizen-centric approach. He mentioned seeking help from startups, research agencies and youngsters for getting new ideas. He urged the departments to have a system of feedback mechanisms.

    Prime Minister lauded the iGOT platform and said that more than 40 lakh government employees have registered on the platform. Over 1400 courses are available and more than 1.5 crore certificates of completion in various courses have been received by the officers.

    Prime Minister noted that the Civil Services training Institutions have been  a victim of working in silos. He said that we have tried to increase partnerships and collaborations among them. He urged the training institutions to establish proper channels of communication, to learn from each other, discuss and adopt global best practices and inculcate a whole-of-government approach.

    Mission Karmayogi was launched in September 2020 envisioning a future-ready civil service rooted in Indian ethos, with a global perspective. National Learning Week (NLW) will provide fresh impetus towards individual and organisational capacity development for Civil Servants creating a “One Government” message and aligning everyone with national goals and promoting lifelong learning.

     

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    MJPS

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    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI Asia-Pac: India leading the standards development process at global level: India’s candidates elected in leadership positions in all 10 Study Groups (SG) of International Telecommunication Unions’ (ITU) Standardization Sector (ITU-T)

    Source: Government of India

    Categories24-7, Asia Pacific, Government of India, India, MIL OSI

    Post navigation

    Ministry of Communications

    India leading the standards development process at global level: India’s candidates elected in leadership positions in all 10 Study Groups (SG) of International Telecommunication Unions’ (ITU) Standardization Sector (ITU-T)

    India increases its leadership positions in ITU-T to 11 positions in WTSA-2024 from 7 positions in WTSA-2022

    Study Groups are technical grouping of experts responsible for developing international standards for telecommunications technologies

    Posted On: 19 OCT 2024 6:38PM by PIB Delhi

    Keeping in view India’s vision of being a technology leader and leading the standards development process at global level, India’s candidates were elected in leadership positions in all 10 Study Groups(SG) of International Telecommunication Unions’ (ITU) Standardization Sector (ITU-T).

    While India retained Chair position in one group, it secured Vice-Chair positions in all other 9 Study Groups and the SCV Committee, thereby increasing its leadership positions in ITU-T from 7 in WTSA-2022 to 11 positions in WTSA-2024.

    India is currently hosting the International Telecommunication Unions’ (ITU) World Telecommunication Standardization Assembly (WTSA) 2024 at Bharat Mandapam, New Delhi. It was inaugurated by the Prime Minister on 15th October and will continue till 24th October 2024. It is for the first time that WTSA is being conducted in the Asia-Pacific region and it would set the direction of standardization activities ITU-T and its work for the next four years (2024-2028). This year’s WTSA-24 witnesses more than 3700 delegates from over 160 countries, the highest ever for any WTSA assembly.

    The ongoing discussions at WTSA focus on promoting standardization activities on emerging technologies and developing new ITU-T Resolutions on topics such as Digital Public Infrastructure, Artificial Intelligence, post-quantum cryptography, Metaverse, Over-the-top (OTT) services, Sustainable Digital transformation, etc., which would be pivotal in shaping the future of technology and ensuring a connected, secure, and inclusive digital world. The existing ITU-T Resolutions are also being updated. Once the roadmap is set during the WTSA-24, the standardization activities would be taken up by the various ITU-T Study Groups in the form of development of Standards and Technical reports. The work of ITU-T will be carried out through its 10 Study Groups.

    Leadership positions: During the WTSA-24, participating countries elected leadership positions of the various Study Groups. India has significantly strengthened its position in the global telecommunication landscape, securing key leadership roles in all the ITU-T Study Groups. In the ongoing WTSA-24, India has garnered 11 leadership positions, including 1 Chair position for ITU-T SG 11 and 10 vice chair-positions as detailed below:

    S. N.

    Study Group

    Leadership Position

    Chair/Vice-Chair

    1

    SG2: Operational aspects

    Vice-Chair

    Premjit Lal, DDG(IR), DoT

    2

    SG3: Economic & policy issues

    Vice-Chair

    Sathish Kumar MC, Deputy Administrator, USOF

    3

    SG5: Environment, EMF & circular economy

    Vice-Chair

    Neha Upadhyay, Director, TEC

    4

    SGC [Merger of SG9: Broadband cable & TV and SG16: Multimedia & digital technologies]

    Vice-Chair

    Avinash Agarwal, DDG, TEC

    5

    SG11: Protocols, testing & combating counterfeiting

    Chair

    Tejpal Singh, Advisor, TRAI

    6

    SG12: Performance, QoS & QoE

    Vice-Chair

    Abdul Kayum, Advisor, TRAI

    7

    SG13: Future networks

    Vice-Chair

    Abhijan Bhattacharyya, TCS

    8

    SG15: Transport, access & home

    Vice-Chair

    Sudipta Bhaumik, STL

    9

    SG17: Security

    Vice-Chair

    Preetika Singh, Director, TEC

    10

    SG20: IoT, smart cities & communities

    Vice-Chair

    Ravi A Robert Jerard, CMD, BSNL

    11

    SCV [Standardization Committee for Vocabulary]

    Vice-Chair

    Hemendra K Sharma, DDG(Media), DoT

     

    This is a recognition of the contributions of these experts in development of global standards and a major milestone in India’s Standardisation Journey.

    About Study Groups

    Study Groups are technical grouping of experts who work for developing international standards for telecommunications technologies based on the technical inputs received from members of ITU. Chairs and Vice Chairs of these Study Groups are elected from the ITU members during the WTSA. Area of work for the Study Groups (SGs) are as below :

    SG2: Operational aspects

    • Deployment of numbering, naming, addressing and identification (NNAI) requirements and resource assignment,
    • operational and management aspects of networks

    SG3: Economic & policy issues

    Studying international telecommunication/ICT policy and economic issues and tariff and accounting matters (including costing principles and methodologies), with a view to informing the development of enabling regulatory models and frameworks.

    SG5: Environment, EMF & circular economy

    Electromagnetic fields (EMF), environment, climate action, sustainable digitalization, and the circular economy.

    SGC [Merger of SG9: Broadband cable & TV and SG16: Multimedia & digital technologies]

    • Use of telecommunication systems in the distribution of television and sound programs supporting advanced capabilities such as ultra-high definition and high-dynamic range, 3D, virtual reality, augmented reality and multiview.

     

    • Ubiquitous multimedia applications, multimedia capabilities, multimedia services and multimedia applications for existing and future networks.

    SG11: Protocols, testing & combating counterfeiting

    • signalling and protocols
    • establishing test specifications, conformance and interoperability testing for all types of networks, technologies and services that are the subject of study and standardization by all ITU-T study groups​
    • combating counterfeiting of ICT devices
    • combating the use of stolen ICT devices

    SG12: Performance, QoS & QoE

    Development of international standards (ITU-T Recommendations) on performance, quality of service (QoS) and quality of experience (QoE). This work spans the full spectrum of terminals, networks and services, ranging from speech over fixed circuit-switched networks to multimedia applications over mobile and packet-based networks.

    SG13: Future networks

    Future computing, including cloud computing and data handling in ICT networks. This work covers network capabilities and technologies to support data utilization, exchange, sharing, and data quality assessment. It also covers computing-aware networking as well as end-to-end awareness, control and management of future computing, including cloud, cloud security and data handling.

    SG15: Transport, access & home

    Development of standards for the optical transport network, access network and home network infrastructures, systems, equipment, optical fibres and cables and the related installation, maintenance, management, test, instrumentation and measurement techniques, and control plane technologies to enable the evolution toward intelligent transport networks.

    SG17: Security

    Cybersecurity, security management, security architectures and frameworks, countering spam, identity management, the protection of personally identifiable information, operational aspects of data protection, open identity trust framework; and quantum-based security; and Child Online Protection.

    SG20: IoT, smart cities & communities

    Coordinated deployment of IoT and address IoT implementation challenges related to interoperability, big data, and architectural frameworks and requirements for supporting various IoT systems. SG20 standards that set the requirements for IoT deployment also help smart cities and communities to improve the efficiency of IoT systems and smart city platforms, break down data silos, facilitate seamless data sharing among various verticals, and enhance data processing and management capacity.

    ​​​​​​​​​​​​​​​​​​​​​ SCV [Standardization Committee for Vocabulary]

    To address the need for a harmonized understanding of all terms and definitions used in standardization.

     

    About TSAG [Telecommunication Standardization Advisory Group]: TSAG acts as an advisory body and plays a crucial role in providing strategic guidance and oversight to the ITU’s standardization activities. It is called on to resolve coordination issues among the study groups, to expand electronic working methods for the ITU-T and to provide advice and procedures on relationships with other standards bodies.

    <><><>

     

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    SB/DP/ARJ

                    

    (Release ID: 2066369)

    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI Economics: Report for the G20 on tokenisation highlights the opportunities, risks and future considerations for central banks

    Source: Bank for International Settlements

    • Tokenisation could have implications for the future of finance and the role of central banks in payments, monetary policy and financial stability.
    • While tokenisation could offer numerous benefits for the financial system and broader economy, costs and risks also need to be considered.
    • BIS report highlights four key considerations for central banks: private sector initiatives; trade-offs between different types of settlement assets; sound regulation, supervision and oversight for tokenisation; and the impact on monetary policy implementation.

    Tokenisation of money could have implications for the role of central banks in payments, monetary policy and financial stability, according to a report to the G20 published today by the Bank for International Settlements (BIS).

    Tokenisation in the context of money and other assets: concepts and implications for central banks, which was prepared by the BIS, including the BIS Committee on Payment and Market Infrastructures (CPMI), examined tokenisation – the generation and recording of digital representations of traditional assets on a programmable platform. 

    The report also looked at global challenges in the regulated payments sector and focused on the possible benefits of tokenisation in addressing existing frictions in financial markets. It considered potential benefits of some of the innovative solutions involving new use cases and functions that are currently being explored around the world. 

    It notes that, while the potential benefits of tokenisation, such as cheaper and speedier transactions, have attracted interest, the costs and risks need to be considered. 

    They may also affect how pre- and post-trade functions are executed for money and other assets. In addition, ensuring appropriate governance and legal frameworks, credit and liquidity risks, as well as custody and operational risks will also require focus. 

    The report also highlights that risks may materialise in a different manner to the challenges faced by conventional market infrastructures. Tokenisation arrangements provide platform-based intermediation for financial assets that may lead to changes in how financial markets operate and are structured. 

    In this context, the report focuses on four key considerations for central banks:

    • responding to ongoing private sector tokenisation initiatives; for example, whether to foster interoperability in the case of fragmenting markets;
    • assessing the trade-offs and the appropriate balance between different types of settlement assets in token arrangements;
    • Identifying, monitoring and assessing tokenisation arrangements that may need to be subject to sound regulation, supervision, and oversight; and
    • assessing the potential impact of token arrangements on monetary policy implementation, for example through changes in the structure of regulated markets or the demand for central bank versus other types of money. 

    Tokenisation has significant potential to improve the safety and efficiency of the financial system. Central banks along with the private sector must continue to explore novel technologies and develop solutions that are fit for purpose for the future financial system. However, tokenisation also poses economic, legal and technical challenges that must be addressed if it is to fulfil its potential. The BIS is committed to exploring aspects of these challenges through its analysis and Innovation Hub projects in the years ahead.

    Agustín Carstens, General Manager of the BIS

    As with existing payment, clearing and settlement systems, the potential capacity of token arrangements to improve financial system safety and efficiency will require sound governance and risk management. The well known risks of existing systems apply, but these risks may materialise in different ways due to the effects of token arrangements on market structure.  As follow-up to this report, the CPMI will continue its exploration of the topic, including the impact of innovation on the role of central bank money.

    Fabio Panetta, Governor, Bank of Italy and Chair, CPMI

    MIL OSI Economics –

    January 24, 2025

  • MIL-OSI Russia: The General Physical Training Day brought together more than 2,000 first-year students and students of the NSU Specialized Scientific Center

    Translation. Region: Russian Federation –

    Source: Novosibirsk State University – Novosibirsk State University –

    As part of the Sports Festival of Friendship “Together We Are Strong!” another mass physical education event was held – “General Physical Training Day” among first-year students and students of the NSU SUNC.

    The festival received support from the All-Russian “Movement of the First” in the competition of project activities aimed at organizing leisure, education and development of youth, and the Department of Physical Education of NSU actively involves students and schoolchildren in various sports competitions.

    More than 2,000 people demonstrated their physical fitness in two exercises: young men did pull-ups and long jumps from a standing position, while young women also jumped and performed an abdominal exercise – lifting the body from a lying position to a sitting position in 1 minute.

    The winners among first-year students were:

    Abdominal exercise

    1st place – Anastasia Smirnova (IIR), result 63 2nd place – Alina Mordasova (GI), result 61 3rd place – Sofia Volkova (IFP), result 59

    Long jump from the spot 1st place — Ksenia Popova (FF), result 2252nd place — Anna Zubareva (FIT), result 220 3rd place — Irina Katsuk (FIT), Elizaveta Merkina and Polina Gnedenko (EF), result 205

    Among the guys, the leaders were:

    Pull-ups 1st place — Nikolay Morev (FEN), result 33 2nd place — Sergey Budyakov (IFP), result 26 2nd place — Mikhail Koshkin (IIR), result 26

    Long jump from the spot 1st place — Vladislav Kazarin (MMF), result 300 2nd place — Kirill Mulduyanov (MMF), result 290 3rd place — Alexey Koltyugin (GGF), result 285

    Students of the NSU SUNC showed the following results:

    Pull-up, boys 1st place – Gleb Markus, result 24, class 10-2 2nd place – Alexander Kornilov, result 23, class 11-1 3rd place – Arseniy Sadovsky, result 22, class 11-10

    Long jump from the spot, boys

    1st place — Alexander Kornilov, result 285, class 11-1 2nd place — Roman Desyatkin, result 280, class 11-1 3rd place — Gleb Markus, result 272, class 10-2

    1-Minute Press, Girls: 1st place — Arina Landl, result 52, class 10-2 1st place — Tatyana Vyshegorodtseva, result 52, class 10-7 3rd place — Sofia Belokopytova, result 50, class 10-6

    Standing long jump: 1st place – Anna Shcherbakova, result 215, class 9-3 2nd place – Arina Landl, result 210, class 10-2 2nd place – Diana Chun, result 210, class 11-2

    Congratulations to all winners and prize winners!

    The event was held with grant support#Movementsfirst#GrantsFirst #MovementsFirst

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.nsu.ru/n/media/nevs/sports-physical department/day-ofp-gathered-over-2000-first-year-and-students-sunts-nsu/

    MIL OSI Russia News –

    January 24, 2025

  • MIL-OSI Asia-Pac: CMPDI Conducts National Seminar on ‘Mineral Exploration & Water Resource Management: Recent Trends’

    Source: Government of India

    Posted On: 19 OCT 2024 6:26PM by PIB Delhi

    Central Mine Planning and Design Institute (CMPDI) in association with Society of Geo-Scientists Jharkhand (SGSJ) organised a National Seminar today on ‘Mineral Exploration & Water Resource Management: Recent Trends’ with special focus on the state of Jharkhand. CMD, CMPDI, Shri Manoj Kumar inaugurated the One-day National Seminar. This seminar aims to address pressing issues related to Strategic & Critical Mineral Resources and Water Resource Management, encompassing both surface and groundwater. The seminar featured a series of technical sessions, including oral presentations based on submitted abstracts and keynote addresses from experts in the field, both from within and outside the organization.

     

    Additional Secretary, Ministry of Coal, Smt. Rupinder Brar, the Chief guest of the seminar addressed the audience through Video conference (VC). At the outset, Smt.  Brar congratulated CMPDI and said that seminar topic is more contemporary as we need a lot research, ideas on how to do sustainable mining and Water Resource Management during mineral exploration. Smt. Brar also appreciated the seminar subjects and said that this seminar will add value to the ecosystem of mining and the outcome and best practices emerge out of this seminar will be incorporated and implemented in the field of mining. 

    CMD, CMPDI and Patron of the seminar Shri Manoj Kumar, said that, “It is a matter of pride for CMPDI for hosting the National Seminar on a theme “Mineral Exploration & Water Resource Management: Recent trends” which shows the efforts of CMPDI towards achieving its vision of ‘To be a market leader in an expanding earth resource sector and allied professional activities.’ Today’s seminar will be a great opportunity for discussion on mineral wealth of Jharkhand as well as innovative approach for adoption of advanced technique for exploration of mineral wealth situated in the country and Groundwater management through recent trends and techniques’, he added.

     

     

    Total 22 papers (including 6 key-notes) were presented in this seminar and about 300 delegates from GSI, NTPC, SAIL, MECL, Ranchi University, Central University of Jharkhand, IIT-ISM Dhanabad etc. attended the seminar. ADG operations, Jharkhand Police, Shri Sanjay A. Lathkar; Director (Technical/P&D), CMPDI, Shri Ajay Kumar; Director (Technical/ES), CMPDI, Shri Satish Jha, other senior officials and employees of CMPDI were present on the occasion.

     

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    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI Asia-Pac: PM to visit Varanasi on 20th October

    Source: Government of India

    PM to visit Varanasi on 20th October

    PM to inaugurate and lay foundation stone of multiple airport projects worth over Rs 6,100 crore

    PM to inaugurate RJ Sankara Eye Hospital

    PM to also inaugurate multiple development initiatives in Varanasi

    Posted On: 19 OCT 2024 5:40PM by PIB Delhi

    Prime Minister Shri Narendra Modi will visit Varanasi on 20th October. At around 2 PM he will inaugurate RJ Sankara Eye Hospital. Thereafter, at around 4:15 PM, he will inaugurate and lay the foundation stone of multiple development  projects in Varanasi.

    Prime Minister will inaugurate the RJ Sankara Eye Hospital. The hospital will offer comprehensive consultations and treatments for various eye conditions. Prime Minister will also address the gathering on the occasion.

    In line with his commitment to boost connectivity, Prime Minister will lay the foundation stone for expansion of airport runway and construction of a new terminal building and allied works of Lal Bahadur Shastri International Airport, Varanasi worth around Rs 2870 crore. He will also lay the foundation stone of New Civil Enclave at Agra airport worth more than Rs 570 crore, at Darbhanga airport worth around Rs 910 crore and at Bagdogra airport worth around Rs 1550 crore.

    Prime Minister will inaugurate new terminal buildings of Rewa Airport, Maa Mahamaya Airport, Ambikapur and Sarsawa Airport worth over Rs 220 crore. The combined passenger handling capacity of these airports will increase to more than 2.3 crore passengers annually. The designs of these airports are influenced and derived from the common elements of heritage structures of the region.

    In line with his vision to provide top-quality infrastructure for sports, Prime Minister will inaugurate Phases 2 and 3 of redevelopment of Varanasi Sports Complex worth over Rs 210 crore under Khelo India scheme and the Smart City Mission. The project aims to create a state-of-the-art sports complex featuring a National Centre of Excellence, players’ hostels, sports science centre, practice fields for various sports, indoor shooting ranges, combat sports arenas among others. He will also inaugurate 100-bed girls’ and boys’ hostels and a public pavilion at Dr. Bhimrao Ambedkar Sports Stadium, Lalpur.

    Prime Minister will inaugurate tourism development works of Buddhism related areas in Sarnath.These enhancements include the construction of pedestrian-friendly streets, new sewer lines and upgraded drainage system, organised vending zone with modern designer vending carts to promote local handicraft vendors, among others.

    Prime Minister will also inaugurate multiple other initiatives like tourism development works at Banasur Temple and Gurudham Temple,  beautification and redevelopment of parks etc.

     

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    MJPS

    (Release ID: 2066345) Visitor Counter : 103

    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI Video: First Lady Jill Biden Unveils the New White House Public Tour

    Source: United States of America – The White House (video statements)

    First Lady Jill Biden hosts an event to unveil a new enhanced, educational White House public tour for visitors.

    The White House

    https://www.youtube.com/watch?v=eu1wRm1eb_E

    MIL OSI Video –

    January 24, 2025

  • MIL-OSI Video: President Biden and the First Lady Deliver Remarks at a National Arts and Humanities Reception

    Source: United States of America – The White House (video statements)

    The White House

    https://www.youtube.com/watch?v=-hweFDtOPfc

    MIL OSI Video –

    January 24, 2025

  • MIL-OSI Europe: AMERICA/USA – US Presidential election: Trump and Harris’ positions on abortion

    Source: Agenzia Fides – MIL OSI

    Washington (Agenzia Fides) – “Both are against life – the one who throws out migrants and the one who kills children”. “I cannot decide. I am not American and I will not go to vote there. But let it be clear: sending migrants away, denying them the ability to work and refusing them hospitality is a sin, and it is grave.” Abortion, on the other hand, means “killing a human being. Whether you like the word or not, it is murder”. This was Pope Francis’ response to a question about the moral dilemmas posed to American Catholic voters about who to vote for in the upcoming US presidential elections. On abortion and immigration, Donald Trump and Kamala Harris seem to hold opposing positions: the former is against abortion and supports draconian measures against illegal immigrants, the latter is for abortion and a policy of greater openness towards immigrants. But is this really the case? To understand the subject of the current abortion debate in the United States, it is necessary to take a step back. On June 24, 2022, the Federal Supreme Court overturned the 1973 Roe vs. Wade decision, which stated that the U.S. Constitution recognizes the right to abortion even in the absence of health problems of the woman or fetus and in the absence of circumstances other than the woman’s free choice. The 2022 ruling de facto rejected the right to abortion at the federal level and returned the issue to state legislatures. Trump, on the one hand, cites the fact that he appointed three Supreme Court justices who were part of the majority of the court that voted in 2022 to abolish the constitutional right to abortion, and on the other hand, he says he wants to leave the decision on this to individual states. “My view is now that we have abortion where everybody wanted it from a legal standpoint, the states will determine by vote or legislation, or perhaps both, and whatever they decide must be the law of the land”, he said. In the controversy with the Democratic candidate, who accused him during the September 10 TV debate that Trump would “sign a national abortion ban” if re-elected, the former president responded: “That’s a lie. I’m not signing a ban, and there’s no reason to sign a ban, because we’ve gotten what everybody wanted, Democrats, Republicans and everybody else, and every legal scholar wanted it to be brought back into the states.” When asked by moderator Linsey Davis whether he would veto a national ban, he replied: “I don’t have to,” but did not say that he would veto a national abortion ban if it were passed by Congress. But then he stressed, “Everyone knows that I would not support a federal ban on abortion under any circumstances, and I would even veto it because it is up to the states to decide based on the will of their voters.” Trump also wrote this in an all-caps message posted on social media when his vice presidential candidate JD Vance (R-Ohio) was asked about the issue during the vice presidential debate. The former president, meanwhile, also criticized some of the state’s more restrictive abortion laws, particularly Florida’s six-week clause, and said he favors exceptions in cases of rape, incest or when the mother’s life is in danger. Trump called the Florida ban a “terrible thing and a terrible mistake.” In an interview with NBC News in September, he reiterated that six weeks is “too short” and said he would “vote that we need more than six weeks.” Because of these comments, Trump was criticized by the most conservative part of his electorate for supporting a referendum to approve an amendment to Florida’s constitution, scheduled for November. The constitutional amendment proposed by Florida’s reproductive rights advocates does not specify the number of weeks within which an abortion can be performed, but provides that access to abortion in the state is available until the fetus is viable, i.e., approximately 23-25 weeks of pregnancy. Trump quickly backtracked, saying he would vote “no” on the abortion amendment, meaning that if it is rejected in November, Florida’s six-week ban would remain in place. Trump’s wife has since publicly stated that she supports women’s freedom of choice. “Without a doubt, there is no room for compromise when it comes to this essential right that all women possess from birth, individual freedom. What does ‘my body, my choice’ really mean?” she said in a video posted on social media. Democratic candidate Kamala Harris said at a campaign event in Savannah that her fight was “a fight for the future and it is a fight for freedom, like the freedom of a woman to make decisions about her own body and not have her government tell her what to do.” On her campaign website, Harris promises that if elected president, she will “never allow a national abortion ban to become law.” And “when Congress passes a bill to restore reproductive freedom nationwide, she will sign it”. Specifically, she supports the passage by Congress of a federal law to protect abortion rights, to counteract the Supreme Court’s 2022 decision that overturned the historic Roe v. Wade ruling recognizing the constitutional right to abortion. (L.M.) (Agenzia Fides, 21/10/2024)
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    MIL OSI Europe News –

    January 24, 2025

  • MIL-OSI Europe: OSCE conference commemorates 25th anniversary of Turkmenistan’s accession to the Aarhus Convention

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE conference commemorates 25th anniversary of Turkmenistan’s accession to the Aarhus Convention

    Participants discuss the role of the Aarhus Centre in promoting the Aarhus Convention during an OSCE-organized conference dedicated to the 25th anniversary of Turkmenistan’s accession to the Aarhus Convention, Ashgabat, 21 October 2024, OSCE (OSCE) Photo details

    On 21 October 2024, the OSCE Centre in Ashgabat hosted a conference dedicated to the 25th anniversary since Turkmenistan acceded to the Aarhus Convention, a key UN document on access to environmental information, public participation in decision-making and access to justice in environmental matters.
    The conference brought together representatives of the Aarhus Centre in Turkmenistan and public organizations, national environmental experts and governmental officials from relevant ministries and agencies.
    “As we celebrate this significant anniversary, I am pleased to highlight that Turkmenistan was the first Central Asian state to ratify the Aarhus Convention and commit to implementing provisions of this unprecedented environmental agreement,” said Olivera Zurovac-Kuzman
    , Economic and Environmental Officer at the OSCE Centre in Ashgabat.
    The event presented the draft National Report on the Implementation of the Aarhus Convention in Turkmenistan and its provisions and discussed the main areas of Aarhus Centre’s activities.
    A representative from the Aarhus Convention Secretariat, UNECE, focused on the role of the Aarhus Convention in promoting the principles of good environmental governance and sustainable development.
    Representatives of the Aarhus Centre in Turkmenistan reflected on the role of the Aarhus Centre in promoting the Aarhus Convention and the main areas of their activities emphasizing the importance of their work aimed at promoting sustainable water management. Experiences of organizing environmental campaigns were also shared.
    “We highly value our long-standing co-operation with the Aarhus Centre, hosted by the public organization ”Tebigy Kuwwat”,  in supporting Turkmenistan in the implementation of the Aarhus Convention and promoting access to information, public participation and access to justice in environmental matters,” added Zurovac-Kuzman.

    MIL OSI Europe News –

    January 24, 2025

  • MIL-OSI Europe: OSCE Mission to BiH Organised Training on Good and Proactive Criminal Investigations

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: OSCE Mission to BiH Organised Training on Good and Proactive Criminal Investigations

    Training on Good and Proactive Criminal Investigations organized in Mostar by the OSCE Mission to Bosnia and Herzegovina (OSCE) Photo details

    The OSCE Mission to Bosnia and Herzegovina (Mission), in cooperation with the Cantonal Prosecutor’s Office of Hercegovina Neretva Canton (HNC), organized a training for the police officials of the HNC Ministry of Interior on “Good and Pro-active Investigations”. The training aimed to enhance the quality of criminal investigations and foster stronger cooperation, coordination and communication between police officials and prosecutors.
    The training, which brought together 30 police officials from the three police administrations in HNC, delivered through three core components: a) the role of the police in proactive investigations and evidence collection; b) duties and responsibilities of police investigators in ensuring the legality of evidence; and c) a practical case-study focusing on building knowledge and skills concerning responses to prosecutorial instructions and court orders during investigations. This practical component was designed to enable police officials to engage in hands-on exercises, learning from both exemplary and deficient practices in crime scene investigations.
    The Mission is committed to supporting the professional development of law enforcement agencies across the country, with the aim of improving the overall quality of investigations and ensuring that police actions align with relevant domestic and international standards and are delivered in such a way to ensure effective responses to crime in Bosnia and Herzegovina.

    MIL OSI Europe News –

    January 24, 2025

  • MIL-OSI Asia-Pac: CIC calls on Dr. Jitendra Singh, Minister of State for Personnel, Public Grievances & Pensions

    Source: Government of India

    CIC calls on Dr. Jitendra Singh, Minister of State for Personnel, Public Grievances & Pensions

    100% RTI disposal rate in first 6 months of current financial year

    Posted On: 19 OCT 2024 5:25PM by PIB Delhi

    Chief Information Commissioner of India Shri Heeralal Samariya called on Dr. Jitendra Singh, Minister of State for Personnel, Public Grievances & Pensions today.

    During the meeting, Shri Samariya informed the Minister that Central Information Commission has achieved 100% disposal rate of RTIs during the first six months of the current financial year. Dr Jitendra Singh lauded the Central Information Commission on this achievement.

     

    The Minister applauded the office of Chief Information Commission for consistently using Artificial Intelligence for study, analysis and pattern of RTIs and also checking credentials of RTI applicants.

    Chief Information Commissioner also apprised the Minister of the consistent use of hybrid mode, – physical cum video conferencing, introduced in the office of CIC for hearing and disposal of RTI appeals. The Commissioner informed the Minister that the disposal of RTI applications during the Covid 19 pandemic period was more due to the use of online mode and modern technologies.

    He further informed that now the RTI applications can also be filed with the help of mobile App. “New technologies have been introduced, leading to the speedy disposal of pending applications. Awareness camps are also being organised to spread awareness about the RTI Act” the Commissioner submitted.

    The Union Minister said that it was during the Modi Government that a 24-hour portal service was introduced for e-filing of the RTI applications at any time of the day or night and from any part of the country or abroad. Similarly during Prime Minister Shri Narendra Modi’s tenure, the office of Central Information Commissioner was shifted to its own exclusive office complex, he added.

    Dr Jitendra Singh reiterated that the role of the Central Information Commission is important to live up to PM Modi’s vision of transparency and citizen participation in the functioning of the government.

    *****

    NKK/AG/GS

     

    (Release ID: 2066339) Visitor Counter : 44

    MIL OSI Asia Pacific News –

    January 24, 2025

  • MIL-OSI Asia-Pac: Shri Dharmendra Pradhan embarks on 7-Day tour to strengthen education ties with Singapore and Australia

    Source: Government of India

    Shri Dharmendra Pradhan embarks on 7-Day tour to strengthen education ties with Singapore and Australia

    Education Minister to meet Singapore’s Prime Minister, Deputy Prime Minister and senior leaders

    Education Minister to meet his Australian Counterpart to foster collaboration and synergy in critical areas of mutual interest in education

    Shri Dharmendra Pradhan will address Australian International Education Conference

    Posted On: 19 OCT 2024 4:45PM by PIB Delhi

    In a significant move to enhance bilateral cooperation in the education sector, Union Minister for Education Shri Dharmendra Pradhan will visit Singapore and Australia from 20 to 26 October 2024. The visit is expected to foster collaboration, participation, and synergy in critical areas of mutual interest in education.

    During the two day visit in Singapore, Shri Dharmendra Pradhan will address the members of Indian diaspora on 20th October 2024. The next day, Shri Dharmendra Pradhan will meet the Prime Minister of Singapore, H.E. Lawrence Wong; Deputy Prime Minister, H.E. Gan Kim Yong; Education Minister, H.E. – Chan Chun Sing; and Foreign Minister H.E. Vivian Balakrishnan. Shri Pradhan will visit the National University of Singapore ranked No.1 in Asia. He will also visit a local secondary school to discuss the scope of syllabus integration, keeping AI in focus. He will meet academicians, eminent representatives from alumni of IITs and IIMs and engage in discussions related to the education ecosystem of both countries.

    During the 3-day visit to Australia, on 23rd October 2024, the Minister, in Melbourne, will meet Hon. Jason Clare MP, Minister for Education. Shri Pradhan will also deliver the Plenary address at the Australian International Education Conference. The Minister will be visiting the South Melbourne Primary School which is known for integrated approaches to learning.

    He will visit ‘Discovery to Device’ at RMIT University which is a unique centre for MedTech prototyping and manufacturing. The visit will explore collaborative approaches to the commercialisation of medical technologies and role of industry-academia linkages in driving innovation..

    Shri Pradhan will meet Hon. Jacinta Allan MP, Premiere of Victoria along with Australian Education Minister Hon Jason Clare MP. He will also visit Monash University to observe their Innovation Lab and Centre for Nano-fabrication.During his stay in Melbourne, Shri Pradhan will also interact with senior academics of Indian origin.

    To explore opportunities for partnerships in educating early childhood education workforces, Shri Pradhan will visit Auburn Long Day Child Care Centre in Sydney on 24th October 2024. The Minister will interact with the representatives of the Innovative Research Universities (IRU) and will attend the 2nd Australia India Education and Skills Council.

    On 25th October 2024, he will visit the Granville South Creative and Performing Arts High School.Shri Pradhan will visit the site of the Macquarie Park Innovation District (MPID). As home to over 180 multinational companies, MPID facilitates the practical application of research across telecommunications, digital industries, medical technology and pharmaceuticals for economic benefit.

    Later in the day, Shri Pradhan will interact with Indian research students hosted by the Group of Eight, Australia’s most research intensive universities.

    Shri Pradhan will visit the UNSW Energy Institute and the Trailblazer for Recycling and Clean Energy (TraCE) at the Tyree Energy Technologies Building, Kensington. Here, he will observe real-world examples of practical research applications with commercial impact through the UNSW Energy Institute, which brings together world-leading researchers and the energy industry.

    He will also visit UTS Moore Park Sports and Exercise Precinct to explore cooperation in sports education and sports research. UTS’s Moore Park Precinct is a state-of-the-art teaching, research and sporting facility.

    *****

    MV/AK

    (Release ID: 2066326) Visitor Counter : 39

    MIL OSI Asia Pacific News –

    January 24, 2025
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