NewzIntel.com

Category: Artificial Intelligence

  • MIL-OSI Asia-Pac: SFST looks for more co-operation opportunities with AIIB member states at its 10th Annual Meeting of Board of Governors in Beijing (with photos)

    Source: Hong Kong Government special administrative region

    SFST looks for more co-operation opportunities with AIIB member states at its 10th Annual Meeting of Board of Governors in Beijing  
         Speaking at the side event on “Implementing the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) from the Ground Up: The AIIB Journey”, Mr Hui noted that while the AIIB is one of the first multilateral development banks to adopt the ISSB Standards, Hong Kong was also confirmed by the International Financial Reporting Standards Foundation earlier this month as among the initial set of jurisdictions having set a target of fully adopting the ISSB Standards.
     
         He said, “By aligning with a global standard, we ensure international comparability of our data. This not only boosts investor confidence but also creates a strong foundation for new opportunities. The Hong Kong Special Administrative Region Government will continue to work in collaboration with financial regulators and stakeholders to support the pragmatic implementation of the ISSB Standards through enhancing capacity building and promoting the use of technological solutions.”
     
         This afternoon, Mr Hui also spoke on “Fostering Development and Infrastructure Connectivity” at the Governors’ Business Roundtable. He shared with delegations from other member states Hong Kong’s efforts in fostering development in sustainable finance as well as developing diverse and innovative financial products. The latter includes the roll-out of the Infrastructure Bond Programme and the issuance of infrastructure loan-backed securities by the Hong Kong Mortgage Corporation Limited (HKMC) with the AIIB as an anchor investor. He told the delegations that a third issuance by the HKMC can be expected this year.
     
         At the AIIB President’s Reception and the Special Session of the Board of Governors’ meeting held yesterday (June 24), Mr Hui met with the President of the AIIB, Mr Jin Liqun, and the President-elect of the AIIB, Ms Zou Jiayi. He also met financial officials of other member states to update them on Hong Kong’s latest developments in green and sustainable finance, and the recent vibrant financial market situation.
     
         In addition, Mr Hui held bilateral meetings separately with delegations from Egypt, Germany and Poland on the sidelines of the Annual Meeting to explore opportunities for further co-operation.
     
         During his stay in Beijing, Mr Hui met with the President of the Industrial and Commercial Bank of China, Mr Liu Jun, and the Chief Financial Officer of the China Construction Bank, Mr Sheng Liurong. He will return to Hong Kong tonight.
    Issued at HKT 17:41

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: LCQ2: Capacity Building Mileage Programme

    Source: Hong Kong Government special administrative region

    Following is a question by Professor the Hon Chow Man-kong and a reply by the Secretary for Home and Youth Affairs, Miss Alice Mak, in the Legislative Council today (June 25):

    Question:

    There are views that the Government should optimise the Capacity Building Mileage Programme (CBMP) to enhance women’s personal development skills and competitiveness. In this connection, will the Government inform this Council:

    (1) of the numbers of persons enrolling in CBMP courses and the amounts of bursary approved in each of the past three years, together with a breakdown by the five learning domains (i.e. Personal Development, Health and Care, Applied Science and Technology, Wisdom of Life, and Arts and Culture);

    (2) as it was stated at the meeting of the Panel on Home Affairs, Culture and Sports of this Council on May 28 last year that the Women’s Commission would explore and study how to keep CBMP abreast of the times and benefit more women, of the concrete progress and proposed direction of the relevant work at present; and

    (3) whether it will consider exploring with the organisers of CBMP courses to refine the curriculum by incorporating more knowledge in areas such as e-commerce, community services, and public relations, and consolidating related courses for inclusion into the Qualifications Register, as well as providing more flexible funding arrangements, with a view to elevating women’s workplace skills and overall competitiveness; if so, of the details; if not, the reasons for that?

    Reply:

    President,

    The Capacity Building Mileage Programme (CBMP) was launched by the Women’s Commission (WoC) in 2004 with the aim of encouraging women of different backgrounds and education levels to pursue self-development and lifelong learning by offering courses under different domains.

    My consolidated reply, in consultation with the Education Bureau, to the question raised by Professor the Hon Chow Man-kong is as follows:

    (1) In the past three programme years (i.e. 2021/22, 2022/23 and 2023/24), the number of participants of the CBMP were approximately 4 000, 5 000, and 6 000 respectively. The amounts of bursary approved in each of the three programme years were approximately $120,000, $140,000 and $260,000 respectively. Detailed figures are at Annex.

    Regarding the five learning domains, since participants could enrol in more than one course within the same programme year, we are unable to provide the number of participants and the approved bursary amounts for each learning domain. In this regard, the breakdown of enrolment by the five learning domains of CBMP (i.e., Personal Development, Health and Care, Applied Science and Technology, Wisdom of Life and Arts and Culture) over the past 3 programme years are at Annex.

    (2) & (3) The Government attaches great importance to women’s contribution to the community and the work of supporting women. Through various initiatives, we aim to empower women and help them to excel in different arenas, including the workplace.

    At its inception, the CBMP was designed, in respond to the societal learning and employment landscape at that time, to enable women to enhance their personal capabilities by enroling in various types of courses during their spare time. The CBMP has been implemented for over 20 years and several developments have emerged across society, economy, workplace, education, technology, etc, such as artificial intelligence and mobile payments. As such, the Home and Youth Affairs Bureau (HYAB) and the WoC launched the Women Empowerment Fund (WEF) in June 2023. With an annual funding of $20 million, WEF subsidises women’s groups and non-governmental organisations for implementing projects that promote women’s development. To date, the WEF approved over 280 projects, involving over $43 million in funding and engaging more than 170 organisations. Apart from courses, projects funded under WEF also include workshops, placement opportunities and community serving projects. This allows the funded organisations to flexibly utilise the funding and implement suitable activities based on social needs for women from different backgrounds and social strata. Since its establishment, the WEF has also supported projects related to workplace skills, e-commerce and communication skills. These include, for example, training programmes on job seeking skills for women looking for employment, courses on digital marketing and personal image enhancement. The WEF also runs the Programme on Women’s Participation in Community Services, which encourages women to plan and implement community service projects based on actual societal needs, such as preparing soft meals for the elderly, visiting residential care homes for persons with disabilities, and organising day camps for children with special educational needs, thereby promoting community care and inclusion.

    On the other hand, to promote women’s workplace development, we also launched the “She Inspires” Mentorship Programme this year. Under the programme, local female university students who aspire to pursue a career in the professional or business sectors will be matched with women leader mentors, and provided with relevant training and activities to help young women enhance their workplace skills and prepare them for entering the workforce, thereby improving women’s overall competitiveness in the long term.

    To better utilise government resources in promoting women’s development and training, the HYAB and the WoC are reviewing the future direction of the CBMP and related arrangements. This is to ensure the effective use of the Government’s financial resources and keep up with the times in promoting women’s development in all aspects. During the review, our principle is to maintain the usage of the existing resources while enhancing the synergy between various projects and societal sectors. We will announce the review results in due course.

    Qualifications Framework (QF) is a clear and well-defined seven-level hierarchy that serves to define clear and objective standards applicable to qualifications in the academic, vocational and professional as well as continuing education sectors; assure the quality of qualifications and the associated learning programmes available to learners; and assure relevancy of learning to industry needs. The Qualifications Register (QR) under the QF is a free-of-charge, open, centralised online database of quality assured qualifications recognised under the QF to facilitate the public search of the relevant qualifications. The Government welcomes course providers to register their accredited courses or qualifications on the QR in accordance with the Accreditation of Academic and Vocational Qualifications Ordinance (Cap. 592) and related quality assurance mechanism. Currently, there are 17 courses under the CBMP listed at Level 2 of the QF.

    The HYAB will continue to review various measures aimed at women’s development and, through collaboration with different stakeholders, flexibly utilise resources to continue promoting women’s development in all aspects.

    Ends/Wednesday, June 25, 2025
    Issued at HKT 15:00

    MIL OSI Asia Pacific News –

  • MIL-OSI: Bitget Heads to Milan as Sponsor at ETHMilan 2025

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 25, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, proudly joins ETHMilan 2025 as the official Viscoti Sponsor, aligned with its expansion strategy in Europe and beyond. Held on June 24 at the iconic Museo Nazionale Scienza e Tecnologia in Milan, Italy, ETHMilan brings together developers, founders, and thinkers shaping the decentralized future.

    This event follows hot on the heels of Bitget’s high-profile MotoGP partnership, marking a powerful back-to-back showcase of the brand’s expanding influence—on the track and on the blockchain stage. ETHMilan’s timing couldn’t be better, as it underscores Bitget’s commitment to blending mainstream visibility with meaningful industry engagement.

    ETHMilan 2025 gathered more than 1,000 participants and featured over 50 speakers, including notable names like Alessandro Mazza, Marco Monaco from TAC, Stefano Rossi from PwC Italia, and Filippo Moraschi (FolksFinance). As one of Italy’s largest Web3 conferences, ETHMilan has staged impactful panels on DeFi, DAOs, Ethereum scaling, and creative tech innovation.

    As part of this year’s program, Bitget’s Chief Operating Officer, Vugar Usi Zade, took to the stage to discuss how centralized exchanges (CEXs), blockchain, and crypto infrastructure are redefining the global financial system. In a cycle where institutions and regulations are finally catching up with the technology, Vugar shared insights on how CEXs are adapting, shifting from transactional platforms to ecosystem enablers.

    The appearance aligns with Bitget’s broader push to shape the discourse around crypto maturity, user trust, and long-term utility. “ETHMilan is more than a developer event—it’s a signal that Milan is becoming a serious node on the global Web3 map,” said Vugar. “Bitget is here not just to participate, but to help drive the conversations that move the industry forward.”

    Bitget also hosted a breakfast reception at the Museum of Science & Technology, offering builders and industry leaders a space to connect over key themes like compliance, CeFi/DeFi evolution, and everything else crypto-related.

    The event marks another milestone in Bitget’s expansion across Europe, where it continues to operate under increasing regulatory clarity, including licenses in Italy, Lithuania, Georgia, and several other markets. With over 120 million users globally and a daily trading volume of $20 billion, Bitget’s presence at ETHMilan reflects its commitment to driving adoption.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a809f43e-6a11-4cd5-bb64-df0a93e4886a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/44b3903e-1f12-4dce-88fd-00d96ccf4187

    The MIL Network –

  • MIL-OSI: Bitget Heads to Milan as Sponsor at ETHMilan 2025

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 25, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, proudly joins ETHMilan 2025 as the official Viscoti Sponsor, aligned with its expansion strategy in Europe and beyond. Held on June 24 at the iconic Museo Nazionale Scienza e Tecnologia in Milan, Italy, ETHMilan brings together developers, founders, and thinkers shaping the decentralized future.

    This event follows hot on the heels of Bitget’s high-profile MotoGP partnership, marking a powerful back-to-back showcase of the brand’s expanding influence—on the track and on the blockchain stage. ETHMilan’s timing couldn’t be better, as it underscores Bitget’s commitment to blending mainstream visibility with meaningful industry engagement.

    ETHMilan 2025 gathered more than 1,000 participants and featured over 50 speakers, including notable names like Alessandro Mazza, Marco Monaco from TAC, Stefano Rossi from PwC Italia, and Filippo Moraschi (FolksFinance). As one of Italy’s largest Web3 conferences, ETHMilan has staged impactful panels on DeFi, DAOs, Ethereum scaling, and creative tech innovation.

    As part of this year’s program, Bitget’s Chief Operating Officer, Vugar Usi Zade, took to the stage to discuss how centralized exchanges (CEXs), blockchain, and crypto infrastructure are redefining the global financial system. In a cycle where institutions and regulations are finally catching up with the technology, Vugar shared insights on how CEXs are adapting, shifting from transactional platforms to ecosystem enablers.

    The appearance aligns with Bitget’s broader push to shape the discourse around crypto maturity, user trust, and long-term utility. “ETHMilan is more than a developer event—it’s a signal that Milan is becoming a serious node on the global Web3 map,” said Vugar. “Bitget is here not just to participate, but to help drive the conversations that move the industry forward.”

    Bitget also hosted a breakfast reception at the Museum of Science & Technology, offering builders and industry leaders a space to connect over key themes like compliance, CeFi/DeFi evolution, and everything else crypto-related.

    The event marks another milestone in Bitget’s expansion across Europe, where it continues to operate under increasing regulatory clarity, including licenses in Italy, Lithuania, Georgia, and several other markets. With over 120 million users globally and a daily trading volume of $20 billion, Bitget’s presence at ETHMilan reflects its commitment to driving adoption.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a809f43e-6a11-4cd5-bb64-df0a93e4886a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/44b3903e-1f12-4dce-88fd-00d96ccf4187

    The MIL Network –

  • MIL-OSI Africa: CAPRISA condemns fake COVID-19 vaccine video

    Source: South Africa News Agency

    CAPRISA condemns fake COVID-19 vaccine video

    The Centre for the AIDS Programme of Research in South Africa (CAPRISA) has condemned the dissemination of inaccurate information regarding COVID-19 vaccines and their associated side effects.

    This comes after a recent incident of misinformation making the rounds on the internet. 

    In the deepfake video, SABC news anchor Oliver Dickson “interviews” Professor Salim Abdool Karim, the Director of the CAPRISA. During the interview, Abdool Karim makes claims that the COVID-19 vaccine is causing harm and resulting in fatalities. 

    “Abdool Karim refutes in its entirety the contents of this latest fake video that is currently being circulated on social media sites and other communication applications,” the statement read. 

    According to the AIDS research centre, Karim has since reiterated that COVID-19 vaccines are indeed safe.

    “Furthermore, neither Abdool Karim nor CAPRISA have endorsed any medicines for any company.

    “Standing by our commitment to protecting the safety and well-being of the public based on accurate and trusted scientific research, CAPRISA urges members of the public to verify all health claims, to refrain from sharing misinformation and to report it as fake immediately.” 

    The centre has encouraged citizens to consult credible sources for accurate health information. 

    These sources include CAPRISA, the South African Health Products Regulatory Authority (SAHPRA), the Department of Health, or a trusted registered healthcare professional. 

    In addition, the centre emphasised the importance of verifying the authenticity of health claims, products, and any suggested actions. 

    Meanwhile, CAPRISA has urged citizens to report any instances of fake news encountered online directly to the social media platforms hosting the content, such as X, Facebook, and TikTok, and to avoid sharing fake news images, videos, and messages on mobile chat groups. 

    “Should you receive a message of this nature either individually or in a chat group, you are advised to delete it immediately. We urge you to make informed health decisions based on trusted and credible scientific evidence.” – SAnews.gov.za

    Gabisile

    MIL OSI Africa –

  • MIL-OSI Economics: AI and collaboration tools: how cyberattackers are targeting SMBs in 2025

    Source: Securelist – Kaspersky

    Headline: AI and collaboration tools: how cyberattackers are targeting SMBs in 2025

    Cyberattackers often view small and medium-sized businesses (SMBs) as easier targets, assuming their security measures are less robust than those of larger enterprises. In fact, attacks through contractors, also known as trusted relationship attacks, remain one of the top three methods used to breach corporate networks. With SMBs generally being less protected than large enterprises, this makes them especially attractive to both opportunistic cybercriminals and sophisticated threat actors.

    At the same time, AI-driven attacks are becoming increasingly common, making phishing and malware campaigns easier to prepare and quickly adapt, thus increasing their scale. Meanwhile, cybersecurity regulations are tightening, adding more compliance pressure on SMBs.

    Improving your security posture has never been more critical. Kaspersky highlights key attack vectors every SMB should be aware of to stay protected.

    Kaspersky analysts have used data from the Kaspersky Security Network (KSN) to explore how frequently malicious and unwanted files and programs are disguised as legitimate applications commonly used by SMBs. The KSN is a system for processing anonymized cyberthreat-related data shared voluntarily by opted-in Kaspersky users. For this research, only data received from the users of Kaspersky solutions for SMBs were analyzed. The research focused on the following applications:

    • ChatGPT
    • Cisco AnyConnect
    • Google Drive
    • Google Meet
    • DeepSeek
    • Microsoft Excel
    • Microsoft Outlook
    • Microsoft PowerPoint
    • Microsoft Teams
    • Microsoft Word
    • Salesforce
    • Zoom

    Between January and April 2025 alone, nearly 8,500 SMB users encountered cyberattacks in which malware or PUAs were disguised as these popular tools.

    Among the detected threats, the highest number (1652) of unique malicious and potentially unwanted files mimicked Zoom, the widely used video conferencing platform. This accounted for nearly 41% of all unique files detected, a 14-percentage point increase compared to 2024. Microsoft Office applications remained frequent targets for impersonation: Outlook and PowerPoint each accounted for 16%, Excel for nearly 12%, while Word and Teams made up 9% and 5%, respectively.

    Share of unique files with names mimicking the nine most popular legitimate applications in 2024 and 2025 (download)

    A comparison of the threat landscape in 2024 and 2025 reveals a clear shift: with the growing popularity of AI services, cyberattackers are increasingly disguising malware as various AI tools. According to our analysis, the number of unique malicious files mimicking ChatGPT grew by 115%, reaching 177 in the first four months of 2025. This contributed to a three-percentage-point increase in the tool’s share among the most mimicked applications. DeepSeek, a large language model launched only in 2025, has immediately appeared on the list of impersonated tools.

    Another cybercriminal tactic to watch for in 2025 is the growing use of collaboration platform brands to trick users into downloading or launching malware and PUAs. As mentioned above, the share of threats disguised as Zoom increased by 14 percentage points, reaching 1652 unique files, while Microsoft Teams and Google Drive saw increases of over three and one percentage points, respectively, with 206 and 132 cases. This pattern likely reflects the normalization of remote work and geographically distributed teams, which has made these platforms integral to business operations across industries.

    Attackers are clearly leveraging the popularity and credibility of these services to increase the success rate of their campaigns.

    Malicious file names mimicking popular services 2024 2025 2025 vs 2024
    Zoom 26.24% 40.86% 14.62 p.p.
    Microsoft Teams 1.84% 5.10% 3.25 p.p.
    ChatGPT 1.47% 4.38% 2.9 p.p.
    DeepSeek 0 2.05% –
    Google Drive 2.11% 3.26% 1.15 p.p.

    The total number of unique malicious and unwanted files imitating legitimate applications slightly declined year-over-year, from 5,587 in 2024 to 4,043 in 2025.

    Main types of threats affecting the SMB Sector, 2025 (download)

    The top threats targeting SMBs in 2025 included downloaders, Trojans, and adware.

    Leading the list are downloaders, potentially unwanted applications designed to install additional content from the internet, often without clearly informing the user of what’s being downloaded. While not inherently malicious, these tools are frequently exploited by attackers to deliver harmful payloads to victims’ devices.

    Trojans ranked next. These are malicious programs that carry out unauthorized actions such as deleting, blocking, modifying, or copying data, or disrupting the normal operation of computers and networks. Trojans are among the most prevalent forms of malware, and cyberattackers continue to use them in a wide range of malicious campaigns.

    Adware also made the top three list. These programs are designed to display advertisements on infected computers or substitute a promotional website for the default search engine in a browser. Adware often comes bundled with freeware or shareware, effectively serving as the price for using the free software. In some cases, Trojans silently download and install adware onto the victim’s machine.

    Among other common types of threats were DangerousObject, Trojan-Dropper, Backdoor, Trojan-Downloader, HackTool, Trojan-PSW, and PSW-Tool. For instance, we recently identified a campaign involving a Trojan-Downloader called “TookPS“, which was distributed through fake websites imitating legitimate remote access and 3D modeling software.

    How scammers and phishers trick victims into giving up accounts and money

    We continue to observe a wide range of phishing campaigns and scams targeting SMBs. Attackers aim to steal login credentials for various services, from delivery platforms to banking systems, or manipulate victims into sending them money.

    To do this, cyberattackers use a variety of lures, often imitating landing pages from brands commonly used by SMBs. One example is a phishing attempt targeting Google business accounts. The bait lures victims with the promise of promoting their company on X. It requires them to first log in to a dedicated platform using their Google account with credentials that will end up in cyberattackers’ hands.

    Another fake landing page impersonated a bank that offered business loans: a “Global Trust Bank”. Since legitimate organizations with that name exist in multiple countries, this phishing attempt may have seemed believable. The attackers tried to lure users with favorable business loan terms – but only after victims submitted their online banking credentials, giving the criminals access to their accounts.

    We also saw a range of phishing emails targeting SMBs. In one recent case detected by our systems, the attacker sent a fake notification allegedly from DocuSign, an electronic document-signing service.

    SMBs can even find themselves targeted by classic Nigerian scams. In one recent example, the sender claimed to represent a wealthy client from Turkey who wanted to move $33 million abroad to allegedly avoid sanctions, and invited the recipient to handle the funds. In Nigerian scams, fraudsters typically cajole money. They may later request a relatively small payment to a manager or lawyer compared to the amount originally promised.

    Beyond these threats, SMBs are bombarded daily with hundreds of spam emails. Some promise attractive deals on email marketing or loans; others offer services like reputation management, content creation, or lead generation. In general, these offers are crafted to reflect the typical needs of small businesses. Not surprisingly, AI has also made its way into the spam folder – with offers to automate various business processes.

    We have also seen spammers offering dubious deals like purchasing a database of over 400,000 businesses for $100, supposedly to be used for selling the company’s B2B products, or manipulating reviews on a review platform.

    Security tips

    SMBs can reduce risks and ensure business continuity by investing in comprehensive cybersecurity solutions and increasing employee awareness. It is essential to implement robust measures such as spam filters, email authentication protocols, and strict verification procedures for financial transactions and the handling of sensitive information.

    Another key step toward cyber resilience is promoting awareness about the importance of comprehensive security procedures and ensuring they are regularly updated. Regular security training sessions, strong password practices, and multi-factor authentication can significantly reduce the risk of phishing and fraud.

    It is also worth noting that searching for software through search engines is an insecure practice, and should be prohibited in the organization. If you need to implement new tools or replace existing ones, make sure they are downloaded from official sources and installed on a centralized basis by your IT team.

    Cybersecurity Action Plan for SMBs

    1. Define access rules for corporate resources such as email accounts, shared folders, and online documents. Monitor and limit the number of individuals with access to critical company data. Keep access lists up to date and revoke access promptly when employees leave the company. Use cloud access security brokers to monitor and control employee activities within cloud services and enforce security policies.
    2. Regularly back up important data to ensure the preservation of corporate information in case of emergencies or cyberincidents.
    3. Establish clear guidelines for using external services and resources. Create well-defined procedures for coordinating specific tasks, such as implementing new software, with the IT department and other responsible managers. Develop short, easy-to-understand cybersecurity guidelines for employees, with a special focus on account and password management, email protection, and safe web browsing. A well-rounded training program will equip employees with the knowledge they need and the ability to apply it in practice.
    4. Implement specialized cybersecurity solutions that provide visibility and control over cloud services, such as Kaspersky Next.

    MIL OSI Economics –

  • MIL-OSI Asia-Pac: Third application announced under New Industrialisation Acceleration Scheme supported by Vetting Committee and enhancement measure launched for New Industrialisation Funding Scheme

    Source: Hong Kong Government special administrative region

    Third application announced under New Industrialisation Acceleration Scheme supported by Vetting Committee and enhancement measure launched for New Industrialisation Funding Scheme 
    At the same time, to further support enterprises in adopting smart manufacturing and to seize market opportunities, the ITC has introduced an enhancement to the New Industrialisation Funding Scheme (NIFS). For NIFS applications seeking funding support of no more than $2.8 million, they will be processed according to the newly established streamlined procedures to speed up the process of approving NIFS applications.
     
    The Secretary for Innovation, Technology and Industry, Professor Sun Dong, said, “The Government actively promotes the development of new industrialisation through the NIAS and the NIFS, injecting new impetus into Hong Kong’s economy. We are pleased that enterprises are making use of the funding support from these two schemes to set up new smart production facilities in Hong Kong. Funded enterprises will bring to Hong Kong the relevant technologies and expertise of product manufacturing, driving the development of Hong Kong’s new industrialisation and diversified economy.”
     
    The Government launched the NIAS in September 2024. The NIAS provides funding support on a 1 (Government): 2 (enterprise) matching basis for enterprises engaging in industries of strategic importance (i.e. life and health technology, AI and data science, advanced manufacturing and new energy technologies) and contributing no less than $200 million to setting up new smart production facilities in Hong Kong. For each project, the minimum total project cost is $300 million. Each enterprise can receive up to $200 million of funding under the NIAS. In addition, the Government encourages enterprises with approved projects under the NIAS to carry out research or increase their scale of research in Hong Kong by providing additional funding for them to engage research talent, as well as facilitating such enterprises in employing non-local talent required for setting up or operating the new production facilities in Hong Kong.
     
    The NIFS aims to subsidise manufacturers on a 1 (Government): 2 (enterprise) matching basis to set up new smart production lines in Hong Kong. The funding ceiling for each project is one-third of the total project cost or $15 million, whichever is lower. Each enterprise can carry out up to three projects concurrently to receive a maximum total funding of up to $45 million under the NIFS.
     
    The NIAS and the NIFS are open for applications throughout the year. Details are available on the website of the Innovation and Technology Fund (www.itf.gov.hkIssued at HKT 11:30

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Edinburgh’s economy outperforms London’s

    Source: Scotland – City of Edinburgh

    Council Leader Jane Meagher writes in the Evening News today to welcome positive news for Edinburgh’s economy.

    Edinburgh has long been Scotland’s economic powerhouse and we’re now ahead of London for the first time.

    The value of goods and services produced here in Edinburgh per person has now surpassed London’s. That’s according to economic data recently published by the Office for National Statistics.

    The figures reveal gross domestic product per head of £69,809 in Edinburgh, compared to £69,077 in London. This steady growth of Edinburgh’s economy to outperform that of London’s is no small feat. Twenty-five years ago, this same data put London 19% ahead of Edinburgh, highlighting just how well we perform as a city.

    This is good news for our local businesses, and it shows that Edinburgh is an environment in which small, local enterprises can thrive. It also demonstrates the confidence global investors have in Edinburgh. In the last year alone, we’ve welcomed 27 instances of foreign direct investment, from shops like Søstrene Grene and MINISO to major renewable energy consultants PSC.

    This is impressive and is in part thanks to the city’s resilient business community and strong employment opportunities. The economy in the city has been driven forward by a combination of relying on established sectors such as, financial services and our universities, as well as embracing new and emerging opportunities in areas such as life sciences and technology.  

    Linked to this, we’ve seen the UK Chancellor commit up to £750 million for the city and the region for a next generation ‘Exascale super-computer’ at the University of Edinburgh. This will be a national asset supporting jobs and investment and reaffirms the region’s role as an economic powerhouse. This is in keeping with the eight growth-driving sectors identified in the new Industrial Strategy, placing Edinburgh and the region in a strong position to continue to receive investment and grow the local economy.

    On top of this, £410 million will be shared across the devolved nations for a Local Innovation Partnership Fund and it makes great sense for our City Region to lead on this in Scotland. From artificial intelligence to data and robotics, this money could unlock a huge amount of investment, building on the successful projects we’ve already delivered, including the National Robotarium, the Usher Institute and Easter Bush which is now the global location of ‘Agritech’ excellence.

    Given Edinburgh’s longstanding innovation capabilities it is fantastic that we will be able to reap the associated economic, social and environmental benefits. That said, our challenge is to manage Edinburgh’s success and growth, and ensure it is fair and sustainable. To keep thriving, we need to manage the pressures placed on our housing, environment and our residents. This is the fastest growing city in Scotland, with the population expected to increase by 60,000 over the next 20 years and over four million visitors every year.

    Everyone should be able to benefit from Edinburgh’s continued economic success. We are clearly contributing more than our share to the Scottish and UK economies and both governments should continue to take note.

    MIL OSI United Kingdom –

  • MIL-OSI: Political polarisation is rising globally and posing new challenges for businesses, according to Willis latest report

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 25, 2025 (GLOBE NEWSWIRE) — Rising political polarisation is associated with increased political violence and unpredictable oscillations in government policies, according to the latest Political Risk Index by Willis (NASDAQ: WTW), a leading global advisory, broking, and solutions company. This edition of the Index focusses on political polarisation in countries worldwide and its main drivers and consequences.

    Findings from the index reveal affective polarisation* is at a historic high, on a global average basis. This suggests that people are increasingly likely to perceive supporters of opposing political parties as hostile. Countries enduring violent political conflicts tend to be the most polarised, but on average, affective polarisation is rising fastest in democracies like the US, Germany, India, Brazil and Bulgaria.

    The index also covers ideological polarisation** (the degree to which people agree on core policy issues) and elite polarisation*** (the degree to which political rivals consider each other as legitimate). The US is the only country globally where affective, ideological and elite polarisation have all increased at a rapid pace over the past 15 years.

    After reviewing over a century’s worth of data from more than 200 countries, Willis found that in democracies, surges in polarisation tended to follow economic crises or corruption scandals, which appeared to discredit traditional political leaders. These surges were often accompanied by the growth of populist political movements and an increased frequency of political violence events.

    Other key findings include:

    • The highest levels of affective polarisation globally are in countries where political competition happens along ethnic or religious lines.
    • Long-serving political leaders and controversial populists are a polarising force in several countries.
    • Geopolitical and foreign policy divides can also lead to polarisation of societies.
    • Polarisation and populism are rising both in the US and Europe and in the emerging world.

    The research also identifies some hopeful trends. Truth and reconciliation processes, cross-party coalitions, and open and transparent investigations in cases of corruption or other crises have been accompanied by rapid reductions in political polarisation in the past. There is reason to believe that lessons from these examples could be applied to current challenges.

    Sam Wilkin, director of political risk analytics at Willis, said: “There is a well-established correlation between polarisation and political violence. But polarisation is also being felt on a more personal basis, such as how we perceive our friends and colleagues. Businesses face growing challenges from operating in increasingly polarised societies.”

    The complete report can be downloaded here.  

    *Affective polarisation refers to the phenomenon of individuals developing strong positive feelings toward members of their own group (in-group) and negative feelings towards members of opposing groups (out-groups), particularly in a political context. It involves a difference between how people feel about their own party or group and how they feel about those who support opposing parties or groups. This can lead to increased hostility, reduced willingness to compromise, and a lack of empathy for those with different political views. 

    **Ideological polarisation refers to the extent to which political attitudes become more divided and extreme, often along partisan lines. This can manifest as individuals and groups holding increasingly divergent views on issues, and a greater emphasis on partisan identity over shared values or common ground. 

    ***Elite polarisation refers to the ideological divide and political disagreement among elites—such as elected officials, party leaders, policymakers, and influential media figures—typically along partisan lines.

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

    Learn more at wtwco.com.

    Media contact

    Lauren David:

    Lauren.david@wtwco.com / +44 7385947619

    Candela Farroni:

    Candela.farroni@haggiepartners.com / +44 7795 155654

    The MIL Network –

  • MIL-OSI Economics: Recorded Remarks at the 3rd UNESCO Global Forum on the Ethics of AI

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today delivered Pre-Recorded Remarks at the 3rd UNESCO Global Forum on the Ethics of AI, held in Bangkok, Thailand. In his remarks, Dr. Kao shared key ASEAN AI initiatives to advancing digital economy and innovation through the development of a strategic framework to drive innovation, creativity, sustainable development and economic growth. He highlighted ASEAN’s initiatives on AI, which includes the ASEAN Guide on AI Governance and Ethics, the Expanded ASEAN AI Guide, the ASEAN Responsible AI Roadmap, and the proposed establishment of an ASEAN AI Safety Network, all aimed at supporting the AI-empowered digital ecosystem in the region.
     

    The post Recorded Remarks at the 3rd UNESCO Global Forum on the Ethics of AI appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Saudi Telecom Company and Huawei Jointly Released a White Paper Outlining Practical Path for AI-Powered Intelligent Transformation

    Source: Huawei

    Headline: Saudi Telecom Company and Huawei Jointly Released a White Paper Outlining Practical Path for AI-Powered Intelligent Transformation

    [Copenhagen, Denmark, June 25, 2025] Saudi Telecom Company (stc), in collaboration with Huawei, launched at OTF2025 in Copenhagen the White Paper “An Intelligent Transformation Journey from Vision to Reality”. The paper presents a strategic vision and key practices driving intelligent transformation in the telecommunications industry – highlighting how AI is enhancing customer experience, operational efficiency, and innovation – while underlining the critical role of converged data management. It also demonstrates practical steps for realizing transformation – by optimizing business processes, strengthening human-machine collaboration, unifying data architecture, and leveraging AI- driven capabilities.

    stc-Huawei joint released whitepaper for intelligent transformation

    To advance in transforming customer experience, improving operational efficiency, and driving revenue growth, stc is showcasing strategic leadership through an enterprise-wide intelligent transformation, powered by Huawei AI-centric platforms and data-driven innovation. Key initiatives include business-driven data quality management and the Technology Unit Brain (TU Brain) Co-pilot – both designed to boost efficiency, elevate customer satisfaction, and deliver tangible improvements in operational excellence and customer experience innovation.
    The successful innovation of the unified data architecture with AI-empowered solution provides a valuable practical reference for global operators accelerating their journey toward intelligent transformation. Looking ahead, the partnership between stc and Huawei points to a future where AI innovation is accelerated through a cloud-native, data-centric model. A strong data foundation will be critical to unlocking operational excellence and driving new monetization opportunities.

    MIL OSI Economics –

  • MIL-OSI Video: The Art of Immersion

    Source: World Economic Forum (video statements)

    The Art of Immersion

    Immersive technologies like AI, spatial computing and extended reality are revolutionizing the creation, experience and sharing of cultural narratives.

    Join Kadine James, a pioneer in XR and immersive technology, to explore the implications of frontier tech for the future of cultural experiences, art and creativity.

    https://www.youtube.com/watch?v=XjvhEUJ2IuM

    MIL OSI Video –

  • MIL-OSI Africa: APO Group and Bytesview Analytics Announce Strategic Partnership to Strengthen Media Intelligence in Africa


    Download logo

    APO Group (www.APO-opa.com), the leading Pan-African media relations and communications consultancy, is pleased to announce a strategic partnership with Bytesview Analytics Private Limited, a technology company specialising in artificial intelligence and data analytics.

    This collaboration will leverage NewsData.io, a flagship product by Bytesview Analytics. NewsData.io is an advanced news aggregation and analysis platform that provides real-time and historical news data from over 84,000 sources in 206 countries and 89 languages. It is designed to support media monitoring, sentiment analysis, and data-driven decision-making.

    Through this partnership, APO Group and Bytesview Analytics will work together to enhance the monitoring, analysis, and distribution of African news. APO Group will integrate Bytesview’s AI-powered tools to provide clients with deeper insights into how their stories are received across different languages and regions, helping them measure visibility, impact, and public sentiment more effectively.

    “This is a powerful example of how smart data and strategic communications can come together to drive better media outcomes,” said Bas Wijne, CEO of APO Group. “Our partnership with Bytesview Analytics brings new depth to the services we offer, especially in tracking and analysing media coverage across Africa.”

    “We’re excited to collaborate with APO Group to strengthen our visibility in Africa and to support better storytelling with reliable, data-driven insights,” said Piyush Khatri, Director at Bytesview Analytics. “This partnership opens new doors for both our team and the organisations we serve.”

    Distributed by APO Group on behalf of APO Group.

    About APO Group:
    Founded in 2007, APO Group (www.APO-opa.com) is the leading award-winning pan-African communications consultancy and press release distribution service. Renowned for our deep-rooted African expertise and expansive global perspective, we specialise in elevating the reputation and brand equity of private and public organisations across Africa. As a trusted partner, our mission is to harness the power of media, crafting bespoke strategies that drive tangible, measurable impact both on the continent and globally.  

    Our commitment to excellence and innovation has been recognised with multiple prestigious awards, including a PRovoke Media Global SABRE Award and multiple PRovoke Media Africa SABRE Awards. In 2023, we were named the Leading Public Relations Firm Africa and the Leading Pan-African Communications Consultancy Africa in the World Business Outlook Awards, and the Best Public Relations and Media Consultancy of the Year South Africa in 2024 in the same awards. In 2025, Brands Review Magazine acknowledged us as the Leading Communications Consultancy in Africa for the second consecutive year. They also named us the Best PR Agency and the Leading Press Release Distribution Platform in Africa in 2024.  Additionally, in 2025, the Davos Communications Awards 2025 awarded us the Gold Award for Best PR Campaign and the Bronze Award for Special Event.

    APO Group’s esteemed clientele, which includes global giants such as Canon, Nestlé, Western Union, the UNDP, Network International, African Energy Chamber, Mercy Ships, Marriott, Africa’s Business Heroes, and Liquid Intelligent Technologies, reflects our unparalleled ability to navigate the complex African media landscape. With a multicultural team across Africa, we offer unmatched, truly pan-African insights, expertise, and reach across the continent. APO Group is dedicated to reshaping narratives about Africa, challenging stereotypes, and bringing inspiring African stories to global audiences, with our expertise in developing and supporting public relations campaigns worldwide uniquely positioning us to amplify brand messaging, enhance reputations, and connect effectively with target audiences. 

    About Bytesview Analytics:
    Bytesview Analytics Private Limited is a technology-focused company specializing in AI-powered analytics and real-time data solutions. With a dedicated team of developers and data scientists, Bytesview delivers high-performance digital products across industries such as media, fintech, edtech, marketing, environmental sciences, and social media intelligence.

    Its flagship product, NewsData.io, is a news aggregation and analytics platform that offers real-time and historical news data through a developer-friendly API. It is designed for researchers, analysts, developers, media professionals, and organizations seeking structured news data from global sources in various languages.

    To learn more, visit:
    www.Bytesview.com
    www.NewsData.io

    MIL OSI Africa –

  • MIL-OSI: Oxford Economics Acquires Alpine Macro, Montreal-based Global Investment Research Firm

    Source: GlobeNewswire (MIL-OSI)

    LONDON and MONTREAL, June 25, 2025 (GLOBE NEWSWIRE) — Oxford Economics, the leading independent global forecasting and economics consultancy, has acquired a majority stake in Alpine Macro, a prominent global investment research firm based in Montreal, Quebec, Canada.

    Founded in 2017, Alpine Macro provides forward-looking financial market forecasts and investment strategy to institutional clients across more than 60 countries. The firm is widely recognized for its provocative financial market insights, bold investment ideas, and out-of-consensus forecasts.

    “The acquisition brings together Oxford Economics’ world class macroeconomic analysis with Alpine Macro’s deep financial market expertise, allowing us to deliver even more comprehensive and well-rounded advice, not only to our existing clients but also to a broader spectrum of asset managers, hedge funds, investment banks, and pension funds,” said Adrian Cooper, Chief Executive Officer of Oxford Economics.

    “This strategic acquisition will accelerate Oxford Economics’ global expansion and strengthen our service offering. It builds on our proven track record of robust global modelling, extensive country and industry knowledge, and accurate economic forecasting,” Cooper added.

    “I am thrilled that Alpine Macro is joining forces with Oxford Economics, a firm renowned for its high-quality macroeconomic and market research,” said Arun Kumar, Chief Executive Officer of Alpine Macro.

    “This transaction will enable us to dramatically deepen our research capabilities, enrich our client experience and deliver cutting-edge research via an AI enabled platform. Together we become the largest, most comprehensive privately held independent research firm in the world,” added Kumar.

    “Oxford Economics sets the gold standard in global macroeconomic research, and Alpine Macro has always aspired to become the gold standard in top-down investment strategy,” said Chen Zhao, Chief Global Strategist and founder of Alpine Macro. “Tapping into Oxford Economics’ depth, breadth, and analytical rigor in macro research, Alpine Macro will achieve that goal sooner.”

    Blake, Cassels & Graydon provided legal counsel to Oxford Economics. Raymond James served as exclusive financial advisor and Fasken Martineau DuMoulin provided legal counsel to Alpine Macro. Financial terms of the transaction were not disclosed.

    About Oxford Economics: Founded in 1981 as a commercial initiative with Oxford University’s business college, Oxford Economics began by providing economic forecasting and modelling services to UK companies and financial institutions expanding internationally. Today, we are one of the world’s leading independent global advisory firms, delivering high-quality forecasts, reports, and analytical tools covering over 200 countries, 100 industries, and 7,000 cities and regions. Our best-in-class economic and industry models give us a unique ability to anticipate market trends and evaluate their economic, social, and business impacts.

    For media inquiries please contact:

    Julio C. Urdaneta
    Global Head of Media Relations, Oxford Economics.
    Email: jurdaneta@oxfordeconomics.com
    Phone: +1.646.503.3069
    www.oxfordeconomics.com

    The MIL Network –

  • MIL-OSI: Oxford Economics Acquires Alpine Macro, Montreal-based Global Investment Research Firm

    Source: GlobeNewswire (MIL-OSI)

    LONDON and MONTREAL, June 25, 2025 (GLOBE NEWSWIRE) — Oxford Economics, the leading independent global forecasting and economics consultancy, has acquired a majority stake in Alpine Macro, a prominent global investment research firm based in Montreal, Quebec, Canada.

    Founded in 2017, Alpine Macro provides forward-looking financial market forecasts and investment strategy to institutional clients across more than 60 countries. The firm is widely recognized for its provocative financial market insights, bold investment ideas, and out-of-consensus forecasts.

    “The acquisition brings together Oxford Economics’ world class macroeconomic analysis with Alpine Macro’s deep financial market expertise, allowing us to deliver even more comprehensive and well-rounded advice, not only to our existing clients but also to a broader spectrum of asset managers, hedge funds, investment banks, and pension funds,” said Adrian Cooper, Chief Executive Officer of Oxford Economics.

    “This strategic acquisition will accelerate Oxford Economics’ global expansion and strengthen our service offering. It builds on our proven track record of robust global modelling, extensive country and industry knowledge, and accurate economic forecasting,” Cooper added.

    “I am thrilled that Alpine Macro is joining forces with Oxford Economics, a firm renowned for its high-quality macroeconomic and market research,” said Arun Kumar, Chief Executive Officer of Alpine Macro.

    “This transaction will enable us to dramatically deepen our research capabilities, enrich our client experience and deliver cutting-edge research via an AI enabled platform. Together we become the largest, most comprehensive privately held independent research firm in the world,” added Kumar.

    “Oxford Economics sets the gold standard in global macroeconomic research, and Alpine Macro has always aspired to become the gold standard in top-down investment strategy,” said Chen Zhao, Chief Global Strategist and founder of Alpine Macro. “Tapping into Oxford Economics’ depth, breadth, and analytical rigor in macro research, Alpine Macro will achieve that goal sooner.”

    Blake, Cassels & Graydon provided legal counsel to Oxford Economics. Raymond James served as exclusive financial advisor and Fasken Martineau DuMoulin provided legal counsel to Alpine Macro. Financial terms of the transaction were not disclosed.

    About Oxford Economics: Founded in 1981 as a commercial initiative with Oxford University’s business college, Oxford Economics began by providing economic forecasting and modelling services to UK companies and financial institutions expanding internationally. Today, we are one of the world’s leading independent global advisory firms, delivering high-quality forecasts, reports, and analytical tools covering over 200 countries, 100 industries, and 7,000 cities and regions. Our best-in-class economic and industry models give us a unique ability to anticipate market trends and evaluate their economic, social, and business impacts.

    For media inquiries please contact:

    Julio C. Urdaneta
    Global Head of Media Relations, Oxford Economics.
    Email: jurdaneta@oxfordeconomics.com
    Phone: +1.646.503.3069
    www.oxfordeconomics.com

    The MIL Network –

  • MIL-OSI Asia-Pac: President Lai leads industrial listening tours to New Taipei Industrial Park, embodying the spirit of Taiwan to achieve a new economic miracle.

    Source: Republic of China Taiwan

    President Lai Ching-Te led a delegation, including Presidential Secretary-General Pan Men-An, Presidential Office Spokesperson Kuo Ya-Hui, Executive Yuan Secretary-General Kung Ming-Hsin, Minister of Economic Affairs Ku Jyh-Huei, and the administrative team, on an “Industrial Listening Tour” at New Taipei Industrial Park on May 2. The delegation engaged in in-depth exchanges with important representatives from the region’s electronics, textile, medical equipment, HVAC, and defense industries.
    On April 3, U.S. President Donald Trump announced that he would impose a 32% reciprocal tariff on Taiwan. President Lai immediately convened industry representatives to his official residence on April 5 to listen to their concerns and officially announced the government’s response measures to the public on the afternoon of April 6, which specifically demonstrated the government’s determination to overcome difficulties with the industry. In the face of US tariff policy, the government has launched the first round of negotiations and continues to negotiate based on the three principles of ensuring national interests, maintaining Taiwan’s industrial development space, and protecting Taiwan’s industrial ecosystem.
    To respond to industry concerns, President Lai and Premier Cho have conducted nearly 20 listening tours. The Executive Yuan has approved a special bill allocating NT$410 billion, including NT$93 billion to support impacted industries and NT$100 billion to subsidize Taiwan Power Company for stable electricity supply, easing operational burdens on business.
    At the forum, New Taipei Mayor Hou Yu-Ih and Legislators Su Chiao-Hui, Wu Ping-Jui, Lin Shu-Fen, Lee Kuen-Cheng and Hung Mong-Kai attended to show their support for local industries. Industry representatives raised concerns such as ensuring a stable electricity supply, promoting the integration of SMEs into the semiconductor supply chain, shortening medical device review processes, and implementing ESCO energy-saving technologies for net-zero transformation. President Lai responded that deep energy-saving through ESCOs not only improves energy efficiency but also qualifies for tax credits of equipment investment. Minister Kuo noted that the ministry has budgeted for deep energy-saving projects that offer financial incentives based on actual savings, potentially reducing business power costs by 8-12%. Secretary-General Kung added that the government’s A+ Program encourages innovative R&D and allows companies to hire full-time professionals to support their projects.
    President Lai pointed out that according to the International Monetary Fund (IMF) forecast, amid the turbulent international economic situation, the economic growth rate of most countries has declined, but Taiwan has increased its forecast from 2.7% to 2.9%, demonstrating the international community’s high recognition of Taiwan’s economic prospects and the high resilience of Taiwan’s industries. He highlighted that Taiwan has consistently grown stronger through adversity –this is the spirit of Taiwan and the hallmark of its industries.
    In conclusion, the President reaffirmed that the government will adhere to the principle of “Speed and order in balance” to advance negotiations in the face of Trump’s tariff policy. It should not only focus on speed but also ensure the overall interests of the country and promote the three major industrial strategies for the future development of Taiwan’s industries, including:
    1. Foresight and sustainability through smart innovation;
    2. Competing in space and exploring the oceans;
    3. Rooted in Taiwan, expanding globally, strengthening ties with the U.S., and promoting Taiwan to the world.
    The government is committed to driving industrial AI adoption, advancing marine industry development, transitioning to diverse green energy sources reinforcing power system resilience, and pursuing regional economic integration through bilateral investment agreements with democratic partners. With the enduring spirit of Taiwan, we are fully capable of building a resilient economy and achieving a new economic miracle together.

    Spokesman: Mr. Liu Chi-Chuan (Deputy Director General, BIP)
    Contact Number: 886-7-3613349, 0911363680
    Email: lcc12@bip.gov.tw

    Contact Person: Liang, You-Wen (Director of Taipei Branch, BIP)
    Contact Number: 886-2-2655-8527, 0963163008
    Email: yuwen818@bip.gov.tw

    MIL OSI Asia Pacific News –

  • MIL-OSI: Online Payday Loans Same day No Credit Check Guaranteed Approval : Radcred Launches Instant Payday Loans for Emergency Financial Needs

    Source: GlobeNewswire (MIL-OSI)

    Glendale, California, June 25, 2025 (GLOBE NEWSWIRE) — Radcred has launched a digital-first lending platform to meet the rising demand for online payday loans, offering same-day funding and soft credit checks for borrowers historically overlooked by traditional banks. The new system aims to simplify access to small-dollar financing by matching applicants with licensed lenders through a fully secure online process. This platform responds to growing consumer needs for fast, flexible, and transparent lending especially in emergencies involving $400–$500.

    Rising Demand for Online Payday Loans in the U.S.

    According to the Federal Reserve, more than 60% of Americans say they wouldn’t be able to cover a $400 emergency expense without borrowing, using credit, or selling assets. This gap in short-term financial security has driven millions to seek alternative financing, with online payday loans becoming a key solution.

    Search volume for terms like “$500 loan”, “same day loan”, and “instant loan approval” has risen dramatically in 2024 and 2025, particularly among gig workers, hourly employees, and individuals with credit scores under 580. These users are looking for simple, fast funding without the long wait times or rigid requirements of traditional credit systems.

    Digital platforms like Radcred’s are helping fill this gap by enabling qualified borrowers to apply for online payday loans without visiting a storefront lender or submitting extensive paperwork.

    Radcred Launches Online Payday Loan Platform with Same Day Options

    Radcred’s lending platform connects borrowers directly to a network of licensed, state-compliant payday lenders. With soft inquiry checks and same-day loan processing, the platform is built for speed and accessibility. Unlike traditional banks, Radcred offers options for those with poor or limited credit histories.

    The platform supports applications from users across all 50 states, focusing on underserved groups such as part-time workers, gig economy professionals, and those recovering from financial setbacks. Through encrypted processing and smart-matching technology, Radcred ensures quick turnaround times often funding requests within hours.

    Borrowers can secure a $255 payday loan, a $500 loan no credit check loans or another small-dollar amount based on the offers provided by Payday lenders. 

    How Radcred’s Online Payday Loan Process Works

    Radcred’s loan process is built around simplicity and speed:

    1. Submit Application: Applicants fill out a short form with basic personal and financial information. No paperwork or faxing required.
    2. Get Matched: Radcred uses a proprietary algorithm to match users with licensed lenders based on state regulations, eligibility, and loan request.
    3. Review and Accept: Once matched, applicants can compare offers, review the APRs, fees, and terms, and accept the best loan.

    The process involves no hard credit pull, helping protect the borrower’s FICO score. All offers are presented upfront, with clear repayment timelines and fee disclosures. The platform works seamlessly on both desktop and mobile devices, ensuring broad accessibility for users in need of instant loans.

    View lender details and disclosures on Radcred’s platform.

    Who Can Apply for Online Payday Loans Through Radcred?

    Radcred’s eligibility criteria are designed to be inclusive:

    • U.S. citizens or permanent residents
    • Age 18 or older
    • Monthly income (employment or benefits)
    • Active checking account
    • Valid phone number and email address

    There is no minimum credit score required. Applicants with poor or no credit history are still eligible to receive loan offers. Many users who turn to same-day payday loans through Radcred have been declined elsewhere due to credit score thresholds or outdated bank policies.

    What Makes Online Payday Loans Different from Installment Loans?

    While both are forms of short-term financing, payday loans are typically due in full on the borrower’s next payday, making them ideal for immediate, one-time expenses. Installment loans, on the other hand, are repaid over a set number of months with fixed payments.

    Radcred’s platform focuses on instant payday loans for urgent needs typically between $255 and $500 offering borrowers a short-term fix without long-term obligations. This model provides more flexibility and quicker resolution for those facing financial stress.

    Common Uses for Online Payday Loans

    People apply for online payday loans for a wide range of urgent expenses:

    • Emergency medical bills
    • Rent shortfalls
    • Utility disconnections
    • Car breakdowns
    • Unexpected travel
    • Childcare or school-related costs

    Radcred’s platform supports same day loan decisions, helping users address financial shortfalls without delay. The goal is to provide immediate help while maintaining lender transparency and data security.

    Check approved lender partners on Radcred With no credit check

    Key Benefits of Online Payday Loans from Licensed Lenders

    Radcred’s network of verified lenders provides several user-centered advantages:

    • Same-day deposit available
    • No hard credit checks
    • 100% online, paperless process
    • Transparent APR and fee structure
    • Not reliant on traditional FICO credit scoring
    • State-compliant offers only

    These benefits make online payday loans via Radcred a reliable choice for individuals seeking $500 loan offers or instant loan approval during financial emergencies.

    Radcred’s Technology Ensures Secure, Fast Loan Matching

    Security and speed are at the heart of Radcred’s digital platform. Using end-to-end encryption and a smart-matching engine, Radcred filters lender matches based on borrower profile, location, and eligibility.

    Borrowers receive real-time feedback, meaning they are not left waiting days for a decision. The matching engine also filters out any unlicensed or non-compliant lenders, helping users receive legitimate, regulated offers only.

    Explore Radcred’s process for $255 payday loans.

    H2: Radcred’s Platform vs. Traditional Payday Lenders

    Traditional payday lenders often require in-person visits, paper documentation, and post-dated checks. In contrast, Radcred offers:

    • Fully remote application and funding process
    • Transparent, upfront disclosure of fees and repayment terms
    • Integration only with licensed, compliant lenders
    • Same-day processing without collateral

    This distinction matters particularly for borrowers who cannot afford to wait or travel to a physical location to secure funding.

    Who Is Turning to Online Payday Loans in 2025?

    In 2025, the largest demographic applying for online payday loans through Radcred includes:

    • Ages 22–45
    • Gig economy workers
    • Part-time or hourly wage earners
    • Individuals with credit scores below 580
    • People with limited savings or thin credit files

    These borrowers often face barriers with traditional lenders and are turning to same day payday loan options that align with their income and lifestyle.

    Legal & Licensing Compliance

    Radcred operates as a loan marketplace, not a direct lender. All matched lenders:

    • Are state-licensed
    • Provide transparent APR and fee structures
    • Adhere to lending laws by jurisdiction
    • Disclose repayment terms clearly before agreement

    Borrowers are encouraged to review all offers carefully and choose based on repayment ability and transparency.

    About Radcred

    Founded in 2018, Radcred is a fintech platform offering secure access to small-dollar loans. Through advanced technology, Radcred connects applicants to licensed lenders offering products like $255 payday loans, $500 loans, and same-day funding with no hard credit pull. Its mission is to increase access to responsible borrowing for Americans underserved by traditional credit systems.

    Final Thoughts: Online Payday Loans Must Prioritize Speed & Transparency

    As demand for online payday loans grows, borrowers need fast, transparent, and secure options. Radcred’s platform is designed to meet these expectations by offering same-day decisions, instant funding potential, and a borrower-first experience that eliminates guesswork and hidden terms.

    Disclaimer

    Radcred is not a lender and does not make credit decisions. Loan offers are based on third-party lender criteria and state-specific laws. Terms, availability, and APR may vary by applicant and location.

    The MIL Network –

  • MIL-OSI: Online Payday Loans Same day No Credit Check Guaranteed Approval : Radcred Launches Instant Payday Loans for Emergency Financial Needs

    Source: GlobeNewswire (MIL-OSI)

    Glendale, California, June 25, 2025 (GLOBE NEWSWIRE) — Radcred has launched a digital-first lending platform to meet the rising demand for online payday loans, offering same-day funding and soft credit checks for borrowers historically overlooked by traditional banks. The new system aims to simplify access to small-dollar financing by matching applicants with licensed lenders through a fully secure online process. This platform responds to growing consumer needs for fast, flexible, and transparent lending especially in emergencies involving $400–$500.

    Rising Demand for Online Payday Loans in the U.S.

    According to the Federal Reserve, more than 60% of Americans say they wouldn’t be able to cover a $400 emergency expense without borrowing, using credit, or selling assets. This gap in short-term financial security has driven millions to seek alternative financing, with online payday loans becoming a key solution.

    Search volume for terms like “$500 loan”, “same day loan”, and “instant loan approval” has risen dramatically in 2024 and 2025, particularly among gig workers, hourly employees, and individuals with credit scores under 580. These users are looking for simple, fast funding without the long wait times or rigid requirements of traditional credit systems.

    Digital platforms like Radcred’s are helping fill this gap by enabling qualified borrowers to apply for online payday loans without visiting a storefront lender or submitting extensive paperwork.

    Radcred Launches Online Payday Loan Platform with Same Day Options

    Radcred’s lending platform connects borrowers directly to a network of licensed, state-compliant payday lenders. With soft inquiry checks and same-day loan processing, the platform is built for speed and accessibility. Unlike traditional banks, Radcred offers options for those with poor or limited credit histories.

    The platform supports applications from users across all 50 states, focusing on underserved groups such as part-time workers, gig economy professionals, and those recovering from financial setbacks. Through encrypted processing and smart-matching technology, Radcred ensures quick turnaround times often funding requests within hours.

    Borrowers can secure a $255 payday loan, a $500 loan no credit check loans or another small-dollar amount based on the offers provided by Payday lenders. 

    How Radcred’s Online Payday Loan Process Works

    Radcred’s loan process is built around simplicity and speed:

    1. Submit Application: Applicants fill out a short form with basic personal and financial information. No paperwork or faxing required.
    2. Get Matched: Radcred uses a proprietary algorithm to match users with licensed lenders based on state regulations, eligibility, and loan request.
    3. Review and Accept: Once matched, applicants can compare offers, review the APRs, fees, and terms, and accept the best loan.

    The process involves no hard credit pull, helping protect the borrower’s FICO score. All offers are presented upfront, with clear repayment timelines and fee disclosures. The platform works seamlessly on both desktop and mobile devices, ensuring broad accessibility for users in need of instant loans.

    View lender details and disclosures on Radcred’s platform.

    Who Can Apply for Online Payday Loans Through Radcred?

    Radcred’s eligibility criteria are designed to be inclusive:

    • U.S. citizens or permanent residents
    • Age 18 or older
    • Monthly income (employment or benefits)
    • Active checking account
    • Valid phone number and email address

    There is no minimum credit score required. Applicants with poor or no credit history are still eligible to receive loan offers. Many users who turn to same-day payday loans through Radcred have been declined elsewhere due to credit score thresholds or outdated bank policies.

    What Makes Online Payday Loans Different from Installment Loans?

    While both are forms of short-term financing, payday loans are typically due in full on the borrower’s next payday, making them ideal for immediate, one-time expenses. Installment loans, on the other hand, are repaid over a set number of months with fixed payments.

    Radcred’s platform focuses on instant payday loans for urgent needs typically between $255 and $500 offering borrowers a short-term fix without long-term obligations. This model provides more flexibility and quicker resolution for those facing financial stress.

    Common Uses for Online Payday Loans

    People apply for online payday loans for a wide range of urgent expenses:

    • Emergency medical bills
    • Rent shortfalls
    • Utility disconnections
    • Car breakdowns
    • Unexpected travel
    • Childcare or school-related costs

    Radcred’s platform supports same day loan decisions, helping users address financial shortfalls without delay. The goal is to provide immediate help while maintaining lender transparency and data security.

    Check approved lender partners on Radcred With no credit check

    Key Benefits of Online Payday Loans from Licensed Lenders

    Radcred’s network of verified lenders provides several user-centered advantages:

    • Same-day deposit available
    • No hard credit checks
    • 100% online, paperless process
    • Transparent APR and fee structure
    • Not reliant on traditional FICO credit scoring
    • State-compliant offers only

    These benefits make online payday loans via Radcred a reliable choice for individuals seeking $500 loan offers or instant loan approval during financial emergencies.

    Radcred’s Technology Ensures Secure, Fast Loan Matching

    Security and speed are at the heart of Radcred’s digital platform. Using end-to-end encryption and a smart-matching engine, Radcred filters lender matches based on borrower profile, location, and eligibility.

    Borrowers receive real-time feedback, meaning they are not left waiting days for a decision. The matching engine also filters out any unlicensed or non-compliant lenders, helping users receive legitimate, regulated offers only.

    Explore Radcred’s process for $255 payday loans.

    H2: Radcred’s Platform vs. Traditional Payday Lenders

    Traditional payday lenders often require in-person visits, paper documentation, and post-dated checks. In contrast, Radcred offers:

    • Fully remote application and funding process
    • Transparent, upfront disclosure of fees and repayment terms
    • Integration only with licensed, compliant lenders
    • Same-day processing without collateral

    This distinction matters particularly for borrowers who cannot afford to wait or travel to a physical location to secure funding.

    Who Is Turning to Online Payday Loans in 2025?

    In 2025, the largest demographic applying for online payday loans through Radcred includes:

    • Ages 22–45
    • Gig economy workers
    • Part-time or hourly wage earners
    • Individuals with credit scores below 580
    • People with limited savings or thin credit files

    These borrowers often face barriers with traditional lenders and are turning to same day payday loan options that align with their income and lifestyle.

    Legal & Licensing Compliance

    Radcred operates as a loan marketplace, not a direct lender. All matched lenders:

    • Are state-licensed
    • Provide transparent APR and fee structures
    • Adhere to lending laws by jurisdiction
    • Disclose repayment terms clearly before agreement

    Borrowers are encouraged to review all offers carefully and choose based on repayment ability and transparency.

    About Radcred

    Founded in 2018, Radcred is a fintech platform offering secure access to small-dollar loans. Through advanced technology, Radcred connects applicants to licensed lenders offering products like $255 payday loans, $500 loans, and same-day funding with no hard credit pull. Its mission is to increase access to responsible borrowing for Americans underserved by traditional credit systems.

    Final Thoughts: Online Payday Loans Must Prioritize Speed & Transparency

    As demand for online payday loans grows, borrowers need fast, transparent, and secure options. Radcred’s platform is designed to meet these expectations by offering same-day decisions, instant funding potential, and a borrower-first experience that eliminates guesswork and hidden terms.

    Disclaimer

    Radcred is not a lender and does not make credit decisions. Loan offers are based on third-party lender criteria and state-specific laws. Terms, availability, and APR may vary by applicant and location.

    The MIL Network –

  • MIL-OSI China: China confident in, capable of maintaining rapid economic growth

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

    China is confident in and capable of maintaining rapid economic growth, Chinese Premier Li Qiang said Wednesday.

    Li made the remarks when addressing the opening of the 16th Annual Meeting of the New Champions, also known as the Summer Davos, in north China’s Tianjin Municipality.

    “Over the years, no matter how the international environment has changed, China’s economy has consistently maintained a good momentum,” Li said.

    He noted that China’s gross domestic product grew by 5.4 percent in the first quarter of 2025 despite facing significantly heightened external shocks this year. “Key economic indicators continued to improve in the second quarter, and I noticed that international institutions have recently raised their expectations for China’s economic growth,” he said.

    “China’s economic development is not about short-term spurts, but sustained progress toward long-term goals,” Li added.

    He also noted that China is moving toward becoming a high-income country as a whole, driven by strong demand for consumption upgrades in the world’s second-largest consumer and import market.

    China is striving to develop itself into a super-sized consumption powerhouse on the solid foundation of a manufacturing powerhouse, the Chinese premier said.

    Li noted that China’s sustained breakthroughs and advances in innovation will inject fresh vitality into global development, helping overcome sluggish economic growth worldwide.

    During the ongoing Summer Davos, World Economic Forum President Borge Brende shared an optimistic outlook on China’s economic prospects.

    “I’m relatively optimistic for the Chinese economy, both in the medium-term and long-term. China has diversified already, but also, China is pivoting from manufacturing of goods to more services and digital trade. We are also seeing a lot of new technologies being applied. China is doing very well on artificial intelligence, on robotics,” he said.

    Former British Prime Minister Tony Blair also highlighted China’s remarkable story of transformation in recent decades, calling on countries to understand and stay engaged with China, rather than isolate it.

    As China continues to grow stronger in the coming decades, Blair emphasized the importance of deepening engagement, with a particular focus on people-to-people exchanges in addition to government and business cooperation.

    Themed “Entrepreneurship for a New Era,” the event, held from June 24 to 26, has attracted over 1,700 leading figures from more than 90 countries and regions to explore how entrepreneurship and emerging technologies can unlock more dynamic and resilient economies. 

    MIL OSI China News –

  • MIL-OSI China: Forging win-win partnerships to invigorate global growth

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

    The global economy stands at a crossroads. The pressing question is whether it will slide further into the quagmire of protectionism and uncertainty, or whether all stakeholders can work together to reignite growth by forging win-win partnerships and practicing true multilateralism.

    For decades, free trade has created jobs, delivered affordable consumer goods, improved global welfare, and advanced economic globalization. Yet this trend is encountering a notable rise in trade barriers and trade fragmentation.

    At the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in north China’s Tianjin Municipality, global leaders from government, business, academia and other fields are expected to offer valuable insights into how to address mounting challenges that drag down global growth. It is hoped that such discussions may help shape a resilient and sustainable future for the world.

    This year’s meeting, also known as the Summer Davos, focuses on five areas: outlook on China, investing in people and planet, new energy and materials, industries disrupted and deciphering the world economy.

    The global economy, which has been struggling to recover from the impact of the COVID-19 pandemic, is confronted with a worsening growth predicament — due to the escalation of geopolitical conflicts and policy uncertainty.

    The World Bank’s latest Global Economic Prospects cut the 2025 global economic growth forecast to 2.3 percent, the slowest pace since 2008, apart from two years of outright global recession in 2009 and 2020, respectively.

    Against the backdrop of various headwinds and economic prospects, it is vital to leverage the role of entrepreneurship and innovation in unlocking new growth drivers and forging strong partnerships.

    The new round of sci-tech revolution, featuring intelligent, green and health technologies, has provided opportunities for cultivating new growth areas and new pathways for tackling challenges facing humanity. On Tuesday, the WEF unveiled top 10 emerging technologies of 2025, including collaborative sensing and generative watermarking, which are expected to achieve real-world impact within three to five years and address global challenges.

    The Summer Davos has become an important platform for promoting exchanges between China and the world — and enhancing practical cooperation. The event not only enables participants to share insights, but also provides an opportunity for businesses and investors to secure partnerships.

    This year’s meeting is seeing the highest number of registered participants in recent years, demonstrating the will of all parties in seeking to uphold economic globalization and free trade, as well as their positive attitude toward enhancing economic and trade exchanges and cooperation with China.

    China is committed to multilateralism and free trade. The world’s second-largest economy will continue to provide numerous opportunities for win-win cooperation as it advances modernization. Its technological progress in fields such as new energy and artificial intelligence and commitment to high-standard opening up highlight the dynamism and resilience of the Chinese economy, which is shifting to a growth model driven by consumption and innovation.

    Win-win cooperation and close collaboration are the right paths for exiting the global economic growth predicament and achieving shared development. Through the in-depth exchange of ideas, it is hoped that the 2025 Summer Davos will catalyze new partnerships, contribute innovative solutions to development challenges, and inject much needed stability and certainty into the world. 

    MIL OSI China News –

  • MIL-OSI China: Autonomous driving innovation fuels AI reach worldwide

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

    This photo shows a Pony.ai robotaxi at a pick-up point in Nansha District of Guangzhou, south China’s Guangdong Province, March 11, 2025. (Xinhua/Deng Hua)

    On the outskirts of Beijing, a self-driving bus navigated effortlessly through traffic, demonstrating China’s rapidly advancing autonomous driving technology.

    Developed by UISEE, a Beijing-based unicorn, this solution is now expanding beyond Chinese capital’s streets and beginning to make its mark on the global robotaxi industry.

    These “AI drivers” have spread to countries like Singapore, the United Arab Emirates (UAE), Saudi Arabia and Qatar, penetrating industries including energy, heavy industry, pharmaceuticals and chemicals, said Wu Gansha, CEO of UISEE.

    The unmanned buses operate at over 20 airports worldwide, forming a fleet of more than 1,000 autonomous vehicles that have collectively covered 5.8 million kilometers.

    These busy shuttles reflect the rising influence of Chinese companies like UISEE in the autonomous driving sector, as they secure increasing numbers of international contracts thanks to their reliable and innovative technology.

    In addition to buses, UISEE’s diverse fleet includes unmanned retail vehicles, patrol cars, cleaning vehicles, towing tractors and heavy-duty trucks, varying in size and function.

    Equipped with the latest solid-state LiDAR, the autonomous cars achieve 360-degree, blind-spot-free vision, according to Wu. While Tesla relies mainly on vision-based technology, Chinese tech firms are rolling out a multi-sensor data-driven approach globally.

    GOING GLOBAL

    UISEE is not alone in this global push. Last month, Pony.ai, a Guangzhou-based robotaxi service provider, announced a strategic partnership with Dubai’s transport authority.

    Under the partnership, Pony.ai’s robotaxi fleet is scheduled to commence test operations in 2025, with plans to start fully autonomous commercial services in 2026 in Dubai.

    “This partnership is integral to our goal of transforming 25 percent of all journeys in the city into autonomous trips by 2030, reinforcing Dubai’s position as a global leader in autonomous mobility and innovation,” said Ahmed Bahrozyan, CEO of Public Transport Agency at Dubai’s Roads and Transport Authority (RTA).

    To date, Pony.ai, a partner of ride-hailing platform Uber, has obtained Robotaxi licenses in countries such as the United States, the Republic of Korea and Luxembourg.

    Last July, during the signing ceremony of the memorandum of understanding between Pony.ai and Luxembourg authorities, the country’s Minister of the Economy, Lex Delles, described the agreement as “a significant opportunity to advance Luxembourg’s technical capabilities in the smart mobility sector.”

    “We are extending our proven-in-China integrated capabilities of autonomous driving, encompassing R&D, mass production, and commercial operations, globally,” said Pony.ai’s CFO Wang Junhao.

    The UAE is emerging as one of the showcasing grounds for China’s self-driving technology.

    In April this year, WeRide announced its collaboration with Uber and the RTA to launch robotaxi services in Dubai. It came after the Guangzhou-based tech firm secured the first autonomous driving license for the UAE in July 2023. In December last year, WeRide partnered with Uber to officially introduce robotaxi services in Abu Dhabi.

    Also, Baidu’s Apollo Go has inked a deal with the RTA this March to launch autonomous driving tests and services in Dubai, marking its entry into the Middle East. It plans to deploy 100 fully autonomous vehicles in Dubai by the end of 2025 and scale the fleet to at least 1,000 by 2028.

    The global Robotaxi market will grow at a compound annual growth rate of 64.1 percent from 2025 to 2032, according to a market forecast released by Coherent MI early this year.

    TECHNOLOGICAL STRENGTHS

    The global expansion of Chinese autonomous driving companies is partly driven by the country’s “data dividend” and strong government support for developing a self-driving ecosystem.

    With the country’s advantage of a vast population, extensive road networks, diverse and complex driving conditions, and rapidly advancing AI technology, robotaxi startups in China have quickly grown into leading companies in the world.

    Baidu and WeRide were named among the top 10 vendors in the Guidehouse Insights Leaderboard Report on automated driving systems (ADS), published last December, alongside NVIDIA and Waymo.

    They are developing at least Level-4 ADS that can operate without human intervention or supervision, according to research.

    Plus, Chinese authorities have designated at least 20 cities and city clusters as pilot zones for the application of “vehicle-road-cloud” integration for intelligent connected vehicles.

    This extensive road test data has boosted international recognition of China’s robotaxi services.

    “One day, autonomous driving will liberate human hands, and we will endeavor to see ‘AI drivers’ cruising in every corner of the world,” said UISEE’s CEO Wu when he talked about his ambitious plan. 

    MIL OSI China News –

  • MIL-OSI Video: Career Pathways: Rewired

    Source: World Economic Forum (video statements)

    Career Pathways: Rewired

    Agentic AI is disrupting entry-level jobs and evolving job markets are changing traditional career paths, leaving young people uncertain about the future.

    How do we turn AI-driven disruption into career opportunities for young people?

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

    MIL OSI Video –

  • Tesla’s European sales slump for fifth month as EV rivals gain momentum

    Source: Government of India

    Source: Government of India (4)

    Tesla’s new car sales in Europe fell 27.9% in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2%, with the U.S. EV maker’s revised Model Y yet to show signs of reviving the brand’s fortunes.

    Overall car sales in Europe rose 1.9%, with the strongest growth coming from plug-in hybrids and cars powered by alternative fuels, data from the European Automobile Manufacturers Association (ACEA) showed.

    WHY IT’S IMPORTANT

    Tesla’s European sales have now fallen for five straight months as customers switch to cheaper Chinese EVs and, in some cases, protest against Tesla CEO Elon Musk’s politics.

    Tesla’s European market share dropped to just 1.2% in May from 1.8% a year ago.

    The revised Model Y is meant to revamp the company’s ageing model range as traditional automakers and Chinese rivals launch EVs at a rapid pace amid trade tensions.

    BY THE NUMBERS

    May new car sales in the European Union, Britain and the European Free Trade Association rose to 1.11 million vehicles, following a 0.3% dip in April, ACEA data showed.

    Registrations at Chinese state-owned SAIC Motor and Germany’s BMW rose 22.5% and 5.6% respectively, while they fell 23% at Japan’s Mazda.

    In the EU alone, total car sales have fallen 0.6% so far this year.

    That comes despite growing demand for EVs, with registrations of battery-electric (BEV), plug-in hybrid (PHEV) and hybrid-electric (HEV) cars rising 26.1%, 15% and 19.8% respectively.

    EU sales of BEVs, HEVs and PHEVs combined accounted for 58.9% of passenger car registrations in May, up from 48.9% in May 2024.

    Among the largest EU markets, new car sales in Spain and Germany rose 18.6% and 1.2% respectively, while in France and Italy they dropped by 12.3% and 0.1%.

    In Britain, registrations were up 1.6%.

    (Reuters)

  • Tesla’s European sales slump for fifth month as EV rivals gain momentum

    Source: Government of India

    Source: Government of India (4)

    Tesla’s new car sales in Europe fell 27.9% in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2%, with the U.S. EV maker’s revised Model Y yet to show signs of reviving the brand’s fortunes.

    Overall car sales in Europe rose 1.9%, with the strongest growth coming from plug-in hybrids and cars powered by alternative fuels, data from the European Automobile Manufacturers Association (ACEA) showed.

    WHY IT’S IMPORTANT

    Tesla’s European sales have now fallen for five straight months as customers switch to cheaper Chinese EVs and, in some cases, protest against Tesla CEO Elon Musk’s politics.

    Tesla’s European market share dropped to just 1.2% in May from 1.8% a year ago.

    The revised Model Y is meant to revamp the company’s ageing model range as traditional automakers and Chinese rivals launch EVs at a rapid pace amid trade tensions.

    BY THE NUMBERS

    May new car sales in the European Union, Britain and the European Free Trade Association rose to 1.11 million vehicles, following a 0.3% dip in April, ACEA data showed.

    Registrations at Chinese state-owned SAIC Motor and Germany’s BMW rose 22.5% and 5.6% respectively, while they fell 23% at Japan’s Mazda.

    In the EU alone, total car sales have fallen 0.6% so far this year.

    That comes despite growing demand for EVs, with registrations of battery-electric (BEV), plug-in hybrid (PHEV) and hybrid-electric (HEV) cars rising 26.1%, 15% and 19.8% respectively.

    EU sales of BEVs, HEVs and PHEVs combined accounted for 58.9% of passenger car registrations in May, up from 48.9% in May 2024.

    Among the largest EU markets, new car sales in Spain and Germany rose 18.6% and 1.2% respectively, while in France and Italy they dropped by 12.3% and 0.1%.

    In Britain, registrations were up 1.6%.

    (Reuters)

  • MIL-OSI: New Jitterbit Partner Program Enables Global Channel to Deliver Enterprise Automation, AI Agents

    Source: GlobeNewswire (MIL-OSI)

    FRANKFURT, Germany, June 25, 2025 (GLOBE NEWSWIRE) — Jitterbit, a global leader in accelerating business transformation for enterprise systems, today announced the global expansion of its partner program and new Jitterbit University partner curricula. Together, they provide solution providers, consulting firms and channel technology partners clear and profitable paths toward delivering end-to-end automation and agentic AI solutions to customers.

    “With the unprecedented focus on AI, channel partners are looking at the value technology provides their customers in a whole new way,” said Jitterbit Chief Revenue Officer Luca Taglioretti. “The advent of agentic AI is their chance to deliver real business improvement to customers faster than ever before. And the new Jitterbit Partner Program was designed from the ground up with these forward-thinking partners in mind.”

    In today’s world of complex, multi-vendor IT environments, it’s imperative that a modern partner ecosystem is designed to train, enable and empower reseller and referral partners to help their customers grow in the AI era.

    “Every enterprise is looking to infuse AI into the parts of their business where it will make the most financial impact,” said Jitterbit President and CEO Bill Conner. “But with a scarcity of skilled coding resources and trusted AI technology, enterprises want solutions and resources that bring business transformation and AI together. Jitterbit’s new partner program offers technology partners real AI solutions, training and certification, and a clear path to accelerate their customers’ businesses today — not 18 or 24 months down the road.”

    Partner Benefits Designed for Quick Growth in Agentic AI, Enterprise Automation

    The new global Jitterbit Partner Program is designed from the ground up to accelerate Jitterbit partners as they provide automation, integration, low-code app development and agentic AI capabilities to a new wave of business technologists.

    The boost to Jitterbit’s channel follows the release of Jitterbit’s new layered AI and low-code Harmony platform, which allows enterprises to democratize automation, design and build end-to-end systems, and even build their own AI agents.

    “If technology partners and resellers are serious about automation and agentic AI, they need to align their strategies with vendors that are building secure, compliant and accountable AI agents the right way,” said Hermann Ramacher, CEO of ADN, a major Jitterbit distributor in Germany. “What’s attractive to ADN is that we can use Jitterbit’s platform to build agents ourselves, or outsource the work to their AI experts. It gives us the ease, speed and flexibility to deliver value for our customers and accelerate our business into the next phase of AI.”

    The first phase of the new global Jitterbit Partner Program delivers resellers and referral partners foundational benefits to scale their automation capabilities:

    • Financial Benefits & Deal Protection: Partners can benefit from competitive product discounts for new unique opportunities through deal registration and annual back-end rebates, ensuring competitive advantages and protected margins. Referral partners receive referral fees.
    • Structured Onboarding & Co-Selling: Jitterbit provides a structured onboarding program to rapidly enable partners within 90 days, complemented by a collaborative co-selling model that encourages early engagement, team-based interactions, and shared opportunities.
    • Go-to-Market Support & Growth: Reseller partners gain access to performance incentive programs, proposal-based MDF, and assigned sales executive leadership to drive joint market initiatives. Joint business plan development and rep-to-rep alignment further foster mutual growth.
    • Complimentary Training & Resources: Free online training and certification curriculum is available for all partners. Initial online product technical training and complimentary sandbox access is available for resellers, ensuring partners are well-equipped to sell and support Jitterbit solutions. Partners also have access to a dedicated support portal and various resources.

    Jitterbit University Delivers Accelerated Path toward Agentic Experience

    Jitterbit’s new partner program includes partner-specific training and certifications within the world-class Jitterbit University. This online learning platform accelerates skills transfer in the fast-moving AI market by offering:

    • Complimentary Training Library: Equip teams with essential skills through a full suite of complimentary training courses.
    • Structured Learning Paths & Certification: Gain expertise and confidence on the Harmony platform with dedicated training paths and a recognized certification program.
    • Collaborate with Jitterbit Experts: Connect and collaborate with the Jitterbit Community, a global network of Jitterbit users and experts.

    Available globally, this expanded enablement resource means Jitterbit’s channel community can quickly answer customer questions across a vast array of topics and use time-proven shortcuts to speed up implementations.

    Design, Source AI Agents within AI-Infused Harmony Platform

    According to a recent Jitterbit survey, 69% of UK and US enterprises are not currently set up to deliver agentic AI — presenting a huge opportunity for those across the IT industry looking to offer these services.

    Rather than relying on ‘off the shelf’ or ‘sameware’ tech offerings to meet this growing demand, enterprises are increasingly turning to Jitterbit Harmony to take full control of their own AI-infused future.

    “The market we operate in is more dynamic and fast-paced than ever before,” said Taglioretti. “Businesses are increasingly relying on technology to drive their success, and the demand for innovative, scalable solutions has reached new heights. Agentic AI is not just a trend — it’s a massive wave of opportunity, and together, we are perfectly positioned to ride it.”

    About Jitterbit
     For organizations ready to modernize and innovate, Jitterbit provides a unified AI-infused low code platform for integration, orchestration, automation, and app development that accelerates business transformation, boosts productivity, and unlocks value. The Jitterbit Harmony platform, including iPaaS, API Manager, App Builder and EDI, future-proofs operations, simplifies complexity and drives innovation for organizations globally. Learn more at www.jitterbit.com and follow us on LinkedIn.

    Media Contact:

    Geoff Blaine
    Jitterbit
    Email: geoff.blaine@jitterbit.com

    The MIL Network –

  • MIL-OSI: New Jitterbit Partner Program Enables Global Channel to Deliver Enterprise Automation, AI Agents

    Source: GlobeNewswire (MIL-OSI)

    FRANKFURT, Germany, June 25, 2025 (GLOBE NEWSWIRE) — Jitterbit, a global leader in accelerating business transformation for enterprise systems, today announced the global expansion of its partner program and new Jitterbit University partner curricula. Together, they provide solution providers, consulting firms and channel technology partners clear and profitable paths toward delivering end-to-end automation and agentic AI solutions to customers.

    “With the unprecedented focus on AI, channel partners are looking at the value technology provides their customers in a whole new way,” said Jitterbit Chief Revenue Officer Luca Taglioretti. “The advent of agentic AI is their chance to deliver real business improvement to customers faster than ever before. And the new Jitterbit Partner Program was designed from the ground up with these forward-thinking partners in mind.”

    In today’s world of complex, multi-vendor IT environments, it’s imperative that a modern partner ecosystem is designed to train, enable and empower reseller and referral partners to help their customers grow in the AI era.

    “Every enterprise is looking to infuse AI into the parts of their business where it will make the most financial impact,” said Jitterbit President and CEO Bill Conner. “But with a scarcity of skilled coding resources and trusted AI technology, enterprises want solutions and resources that bring business transformation and AI together. Jitterbit’s new partner program offers technology partners real AI solutions, training and certification, and a clear path to accelerate their customers’ businesses today — not 18 or 24 months down the road.”

    Partner Benefits Designed for Quick Growth in Agentic AI, Enterprise Automation

    The new global Jitterbit Partner Program is designed from the ground up to accelerate Jitterbit partners as they provide automation, integration, low-code app development and agentic AI capabilities to a new wave of business technologists.

    The boost to Jitterbit’s channel follows the release of Jitterbit’s new layered AI and low-code Harmony platform, which allows enterprises to democratize automation, design and build end-to-end systems, and even build their own AI agents.

    “If technology partners and resellers are serious about automation and agentic AI, they need to align their strategies with vendors that are building secure, compliant and accountable AI agents the right way,” said Hermann Ramacher, CEO of ADN, a major Jitterbit distributor in Germany. “What’s attractive to ADN is that we can use Jitterbit’s platform to build agents ourselves, or outsource the work to their AI experts. It gives us the ease, speed and flexibility to deliver value for our customers and accelerate our business into the next phase of AI.”

    The first phase of the new global Jitterbit Partner Program delivers resellers and referral partners foundational benefits to scale their automation capabilities:

    • Financial Benefits & Deal Protection: Partners can benefit from competitive product discounts for new unique opportunities through deal registration and annual back-end rebates, ensuring competitive advantages and protected margins. Referral partners receive referral fees.
    • Structured Onboarding & Co-Selling: Jitterbit provides a structured onboarding program to rapidly enable partners within 90 days, complemented by a collaborative co-selling model that encourages early engagement, team-based interactions, and shared opportunities.
    • Go-to-Market Support & Growth: Reseller partners gain access to performance incentive programs, proposal-based MDF, and assigned sales executive leadership to drive joint market initiatives. Joint business plan development and rep-to-rep alignment further foster mutual growth.
    • Complimentary Training & Resources: Free online training and certification curriculum is available for all partners. Initial online product technical training and complimentary sandbox access is available for resellers, ensuring partners are well-equipped to sell and support Jitterbit solutions. Partners also have access to a dedicated support portal and various resources.

    Jitterbit University Delivers Accelerated Path toward Agentic Experience

    Jitterbit’s new partner program includes partner-specific training and certifications within the world-class Jitterbit University. This online learning platform accelerates skills transfer in the fast-moving AI market by offering:

    • Complimentary Training Library: Equip teams with essential skills through a full suite of complimentary training courses.
    • Structured Learning Paths & Certification: Gain expertise and confidence on the Harmony platform with dedicated training paths and a recognized certification program.
    • Collaborate with Jitterbit Experts: Connect and collaborate with the Jitterbit Community, a global network of Jitterbit users and experts.

    Available globally, this expanded enablement resource means Jitterbit’s channel community can quickly answer customer questions across a vast array of topics and use time-proven shortcuts to speed up implementations.

    Design, Source AI Agents within AI-Infused Harmony Platform

    According to a recent Jitterbit survey, 69% of UK and US enterprises are not currently set up to deliver agentic AI — presenting a huge opportunity for those across the IT industry looking to offer these services.

    Rather than relying on ‘off the shelf’ or ‘sameware’ tech offerings to meet this growing demand, enterprises are increasingly turning to Jitterbit Harmony to take full control of their own AI-infused future.

    “The market we operate in is more dynamic and fast-paced than ever before,” said Taglioretti. “Businesses are increasingly relying on technology to drive their success, and the demand for innovative, scalable solutions has reached new heights. Agentic AI is not just a trend — it’s a massive wave of opportunity, and together, we are perfectly positioned to ride it.”

    About Jitterbit
     For organizations ready to modernize and innovate, Jitterbit provides a unified AI-infused low code platform for integration, orchestration, automation, and app development that accelerates business transformation, boosts productivity, and unlocks value. The Jitterbit Harmony platform, including iPaaS, API Manager, App Builder and EDI, future-proofs operations, simplifies complexity and drives innovation for organizations globally. Learn more at www.jitterbit.com and follow us on LinkedIn.

    Media Contact:

    Geoff Blaine
    Jitterbit
    Email: geoff.blaine@jitterbit.com

    The MIL Network –

  • MIL-OSI: NextBillion.ai selects TomTom Orbis Maps to deliver enhanced enterprise-grade solutions globally

    Source: GlobeNewswire (MIL-OSI)

    AMSTERDAM, June 25, 2025 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, and NextBillion.ai, a leading provider of AI-powered mapping solutions for enterprise, today announced an expanded partnership to deliver precise route calculations and travel time estimations across mobility, fleet, and logistics industries globally. NextBillion.ai leverages TomTom Orbis Maps within its API-first platform to deliver a powerful optimization and scheduling experience, better optimized routes and advanced integration capabilities.

    NextBillion.ai’s all-in-one API platform prioritizes ease of use, customization and seamless integration across routing, navigation, and tracking use cases. It offers advanced features, such as customizable objective functions, sophisticated task sequencing, and support for over 50 constraints, allowing businesses to navigate their roadmaps with ease.

    The integration of TomTom Orbis Maps into the NextBillion.ai engine equips drivers and field service agents with efficient routing, enabling them to perform deliveries and tasks more effectively. Improved routing and more accurate estimated times of arrival support increased productivity and enhanced safety. Additionally, as TomTom supports truck-specific routing that considers vehicle dimensions, weight, and cargo type, customers are guaranteed efficient and regulation-compliant navigation in all instances.

    “At NextBillion.ai, we’re focused on helping enterprises solve complex mapping and routing challenges at scale,” said Gaurav Bubna, Co-founder, NextBillion.ai. “Integrating TomTom’s Orbis Maps into our platform allows us to offer even greater accuracy, customization, and operational efficiency, empowering our customers to make smarter decisions in real-time.”

    “We are proud to expand our partnership with NextBillion.ai and deliver improved solutions to the mobility and logistics industries,” said Mike Schoofs, Chief Revenue Officer, TomTom. “By combining the advanced capabilities of TomTom Orbis Maps with NextBillion.ai’s API-first platform, we support businesses with more accurate and efficient routing.”

    About TomTom:

    Billions of data points. Millions of sources. Thousands of communities.

    We are the mapmaker bringing it all together to build the world’s smartest map. We provide location data and technology to drivers, carmakers, businesses and developers. Our application-ready maps, routing, real-time traffic, APIs and SDKs empower the dreamers and doers to move our world forward.

    Headquartered in Amsterdam with 3,600 employees around the globe, TomTom has been shaping the future of mobility for over 30 years.

    www.tomtom.com

    About NextBillion.ai:

    NextBillion.ai is a leader in AI-powered routing and route optimization solutions, helping businesses customize, scale, and optimize their routing infrastructure through advanced APIs and tools. Operating globally across diverse industries, including logistics, field services, food delivery, and ride-hailing, NextBillion.ai’s platform processes millions of API calls daily, serving enterprises with tailored mapping solutions designed for their unique business needs.

    nextbillion.ai

    For further information:

    Media Relations

    mediarelations@tomtom.com

    Investor Relations

    ir@tomtom.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/157ecefb-0171-498e-a877-13dd03145f80

    The MIL Network –

  • MIL-OSI: NextBillion.ai selects TomTom Orbis Maps to deliver enhanced enterprise-grade solutions globally

    Source: GlobeNewswire (MIL-OSI)

    AMSTERDAM, June 25, 2025 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, and NextBillion.ai, a leading provider of AI-powered mapping solutions for enterprise, today announced an expanded partnership to deliver precise route calculations and travel time estimations across mobility, fleet, and logistics industries globally. NextBillion.ai leverages TomTom Orbis Maps within its API-first platform to deliver a powerful optimization and scheduling experience, better optimized routes and advanced integration capabilities.

    NextBillion.ai’s all-in-one API platform prioritizes ease of use, customization and seamless integration across routing, navigation, and tracking use cases. It offers advanced features, such as customizable objective functions, sophisticated task sequencing, and support for over 50 constraints, allowing businesses to navigate their roadmaps with ease.

    The integration of TomTom Orbis Maps into the NextBillion.ai engine equips drivers and field service agents with efficient routing, enabling them to perform deliveries and tasks more effectively. Improved routing and more accurate estimated times of arrival support increased productivity and enhanced safety. Additionally, as TomTom supports truck-specific routing that considers vehicle dimensions, weight, and cargo type, customers are guaranteed efficient and regulation-compliant navigation in all instances.

    “At NextBillion.ai, we’re focused on helping enterprises solve complex mapping and routing challenges at scale,” said Gaurav Bubna, Co-founder, NextBillion.ai. “Integrating TomTom’s Orbis Maps into our platform allows us to offer even greater accuracy, customization, and operational efficiency, empowering our customers to make smarter decisions in real-time.”

    “We are proud to expand our partnership with NextBillion.ai and deliver improved solutions to the mobility and logistics industries,” said Mike Schoofs, Chief Revenue Officer, TomTom. “By combining the advanced capabilities of TomTom Orbis Maps with NextBillion.ai’s API-first platform, we support businesses with more accurate and efficient routing.”

    About TomTom:

    Billions of data points. Millions of sources. Thousands of communities.

    We are the mapmaker bringing it all together to build the world’s smartest map. We provide location data and technology to drivers, carmakers, businesses and developers. Our application-ready maps, routing, real-time traffic, APIs and SDKs empower the dreamers and doers to move our world forward.

    Headquartered in Amsterdam with 3,600 employees around the globe, TomTom has been shaping the future of mobility for over 30 years.

    www.tomtom.com

    About NextBillion.ai:

    NextBillion.ai is a leader in AI-powered routing and route optimization solutions, helping businesses customize, scale, and optimize their routing infrastructure through advanced APIs and tools. Operating globally across diverse industries, including logistics, field services, food delivery, and ride-hailing, NextBillion.ai’s platform processes millions of API calls daily, serving enterprises with tailored mapping solutions designed for their unique business needs.

    nextbillion.ai

    For further information:

    Media Relations

    mediarelations@tomtom.com

    Investor Relations

    ir@tomtom.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/157ecefb-0171-498e-a877-13dd03145f80

    The MIL Network –

  • MIL-OSI China: Xi meets Singaporean PM, calling for boosting China-Singapore cooperation

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

    Chinese President Xi Jinping meets with Singaporean Prime Minister Lawrence Wong, who is on an official visit to China, at the Great Hall of the People in Beijing, capital of China, June 24, 2025. (Xinhua/Yue Yuewei)

    Chinese President Xi Jinping met with Singaporean Prime Minister Lawrence Wong in Beijing on Tuesday.

    Xi congratulated Wong on his second term in office. Noting that this year marks the 35th anniversary of diplomatic relations between China and Singapore, Xi highlighted that the two sides have consistently upheld mutual understanding and respect, which has provided a solid foundation for the stable and healthy development of bilateral relations.

    Cooperation between the two countries has aligned with China’s development priorities at various stages, yielding substantial outcomes such as the Suzhou Industrial Park, significantly contributing to each country’s modernization efforts, and also setting a benchmark for cooperation among regional nations, Xi noted.

    He called on both sides to draw experience and wisdom from the development process of bilateral relations, inherit and carry forward fine traditions, and enable the tree of China-Singapore friendship to thrive and bear abundant fruits.

    Xi emphasized that China and Singapore should firmly grasp the general direction of bilateral friendship, and continuously observe and develop China-Singapore relations from a strategic height and a long-term perspective.

    He called for consolidating the political foundation of China-Singapore friendship, supporting each other’s core interests and major concerns, and enhancing political mutual trust to facilitate the development of bilateral relations.

    China welcomes Singapore’s continued deep engagement in China’s development, Xi said, calling on both sides to promote Belt and Road cooperation, create landmark achievements in areas such as digital economy, green development and artificial intelligence, promote the improvement and upgrading of major projects, and continue to write a new chapter in high-quality cooperation.

    Both sides should encourage frequent people-to-people exchanges to deepen cultural exchanges and cooperation and strengthen the popular support for China-Singapore friendship, Xi said.

    China has always believed that peace, development, cooperation and mutual benefit are the unstoppable trend of the times, Xi said, adding that the world must not revert to hegemonism or be dragged back to the law of the jungle.

    China is willing to work with Singapore to stand on the right side of history and uphold fairness and justice, and jointly advocate for an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization, Xi added.

    Wong said that Singapore and China share a deep-rooted and enduring friendship, and the two sides have always respected and trusted each other, ensuring the stable development of bilateral relations and close cooperation.

    Singapore will continue to adhere to the one-China policy and oppose “Taiwan independence,” Wong said.

    Singapore stands ready to fully leverage the opportunities brought about by China’s prosperity and development, expand bilateral trade and investment, enhance cooperation in digital economy, artificial intelligence, new energy and other fields, strengthen people-to-people exchanges, and advance Singapore-China relations to new heights, Wong said.

    In the face of a turbulent global landscape, Singapore is willing to strengthen coordination and cooperation with China on regional and multilateral platforms to jointly uphold multilateralism and the international order, Wong added.

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    MIL OSI China News –

  • MIL-OSI: WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation

    Source: GlobeNewswire (MIL-OSI)

    FOR IMMEDIATE RELEASE

    WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation

    Geneva, Switzerland – June 25, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary, WISeSat.Space, a provider of secure satellite communications and space infrastructure, signed a strategic collaboration agreement with Astrocast, a Swiss-based nanosatellite IoT network operator, under which WISeSat will be gaining access to the operational satellite constellation of Astrocast. This collaboration significantly expands WISeSat’s existing operational satellite connectivity as Astrocast operates one of the largest LEO satellite networks in Europe.

    This agreement marks a major step in WISeSat’s mission to build a fully sovereign and secure European space ecosystem, aligned with EU space autonomy goals and ambitions. The expanded constellation access will strengthen connectivity, resilience, and coverage for Internet of Things (IoT) and critical infrastructure services across Europe and other strategic global regions.

    Carlos Moreira, CEO of WISeKey and WISeSat.Space, stated: “This is a decisive moment for the future of secure space communications in Europe. By utilizing Astrocast’s operational constellation, WISeSat’s is not only expanding its orbital reach, but it is also reinforcing Europe’s strategic autonomy in space. This partnership allows us to deliver more robust, real-time, and cyber-secure satellite-based services across key industries and geographies. It’s a powerful example of how Swiss-led innovation can shape the future of a sovereign, digital Europe.”

    This service agreement with Astrocast will support WISeSat’s secure IoT and communication services, which are powered by WISeKey’s cybersecurity and digital identity technologies, and deployed across sectors such as agriculture, environmental monitoring, logistics, energy, and defense.

    Fabien Jordan, CEO of Astrocast, added: “After a very challenging period of restructuring, the Astrocast constellation remains very reliable. We are excited to make this unique network usable for WISeSat and to help them shape the future of secure European space related services. This partnership demonstrates the power of collaboration in advancing innovation and delivering high-value, satellite IoT solutions.”

    This agreement also paves the way for deeper cooperation in areas such as edge AI in space, post-quantum cryptography, and satellite cybersecurity, further cementing Europe’s leadership in next-generation space technology.

    About Astrocast

    Astrocast SA operates a global nanosatellite IoT network, enabling reliable and cost-effective connectivity for remote and underserved regions. With a strong focus on innovation, Astrocast’s technology supports a wide range of industrial and environmental applications.

    About WISeSat.Space

    WISeSat.Space, a subsidiary of WISeKey International Holding Ltd (SIX: WIHN, NASDAQ: WKEY), provides secure satellite infrastructure designed to support sovereign European communications, IoT services, and critical mission applications. Its constellation of small satellites ensures end-to-end security and data sovereignty across strategic sectors.

    About WISeKey

    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

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