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Category: Asia Pacific

  • MIL-OSI Asia-Pac: Views sought on election guidelines

    Source: Hong Kong Information Services

    The Electoral Affairs Commission (EAC) today released the proposed guidelines on election-related activities in respect of the Legislative Council Election for a public consultation that will last for 30 days until August 1.

    The 2025 LegCo General Election will be held on December 7. Before each general election, the EAC will review and update the guidelines.

    At a press conference today, EAC Chairman David Lok said that these guidelines aim to explain in simple language the provisions under current electoral legislation with a view to reminding candidates and other relevant people of the regulations and requirements of the electoral legislation; and to promulgate a code of conduct based on the fair and equal treatment principles in respect of election-related activities which are not covered by the legislation.

    The amendments are mainly composed of four categories: to reflect the amended electoral legislation, such as the procedures if electronic counting arrangements are adopted in functional constituency elections; to reflect the latest electoral arrangements and facilitation measures, for instance, electors could log on to an online system to check information such as their allocated polling stations, and candidates could submit election forms via electronic means; to further elaborate the contents of the guidelines to enable candidates and other relevant people to have a clearer understanding of the areas which they should pay attention to; and to align with the amendments already made to the other guidelines on election-related activities.

    Mr Lok said: “To enable the public to better understand the requirements of the relevant electoral legislation and the code of conduct formulated by the EAC for the conduct of election-related activities, we have also enhanced the proposed guidelines by, for example, explaining the relevant electoral arrangements in the form of tables, consolidating the contents of the chapters, etc, with a view to making the proposed guidelines more concise and easy to comprehend.”

    The proposed guidelines can be downloaded online or viewed at the Registration & Electoral Office, the Home Affairs Enquiry Centres of all district offices and the major and district public libraries.

    People are welcome to make written representations on the proposed guidelines by email, by post to 8/F, Treasury Building, 3 Tonkin Street West, Cheung Sha Wan, Kowloon, or fax to 2511 1682 on or before August 1.

    The EAC will hold a public forum from 7pm to 9pm on July 18 at the School Hall, 4/F, Kowloon Tong Government Primary School. The last admission time is 8pm.

    Call 2891 1001 for enquiries.

    MIL OSI Asia Pacific News –

    July 4, 2025
  • MIL-OSI Asia-Pac: Views sought on election guidelines

    Source: Hong Kong Information Services

    The Electoral Affairs Commission (EAC) today released the proposed guidelines on election-related activities in respect of the Legislative Council Election for a public consultation that will last for 30 days until August 1.

    The 2025 LegCo General Election will be held on December 7. Before each general election, the EAC will review and update the guidelines.

    At a press conference today, EAC Chairman David Lok said that these guidelines aim to explain in simple language the provisions under current electoral legislation with a view to reminding candidates and other relevant people of the regulations and requirements of the electoral legislation; and to promulgate a code of conduct based on the fair and equal treatment principles in respect of election-related activities which are not covered by the legislation.

    The amendments are mainly composed of four categories: to reflect the amended electoral legislation, such as the procedures if electronic counting arrangements are adopted in functional constituency elections; to reflect the latest electoral arrangements and facilitation measures, for instance, electors could log on to an online system to check information such as their allocated polling stations, and candidates could submit election forms via electronic means; to further elaborate the contents of the guidelines to enable candidates and other relevant people to have a clearer understanding of the areas which they should pay attention to; and to align with the amendments already made to the other guidelines on election-related activities.

    Mr Lok said: “To enable the public to better understand the requirements of the relevant electoral legislation and the code of conduct formulated by the EAC for the conduct of election-related activities, we have also enhanced the proposed guidelines by, for example, explaining the relevant electoral arrangements in the form of tables, consolidating the contents of the chapters, etc, with a view to making the proposed guidelines more concise and easy to comprehend.”

    The proposed guidelines can be downloaded online or viewed at the Registration & Electoral Office, the Home Affairs Enquiry Centres of all district offices and the major and district public libraries.

    People are welcome to make written representations on the proposed guidelines by email, by post to 8/F, Treasury Building, 3 Tonkin Street West, Cheung Sha Wan, Kowloon, or fax to 2511 1682 on or before August 1.

    The EAC will hold a public forum from 7pm to 9pm on July 18 at the School Hall, 4/F, Kowloon Tong Government Primary School. The last admission time is 8pm.

    Call 2891 1001 for enquiries.

    MIL OSI Asia Pacific News –

    July 4, 2025
  • MIL-OSI Asia-Pac: Views sought on election guidelines

    Source: Hong Kong Information Services

    The Electoral Affairs Commission (EAC) today released the proposed guidelines on election-related activities in respect of the Legislative Council Election for a public consultation that will last for 30 days until August 1.

    The 2025 LegCo General Election will be held on December 7. Before each general election, the EAC will review and update the guidelines.

    At a press conference today, EAC Chairman David Lok said that these guidelines aim to explain in simple language the provisions under current electoral legislation with a view to reminding candidates and other relevant people of the regulations and requirements of the electoral legislation; and to promulgate a code of conduct based on the fair and equal treatment principles in respect of election-related activities which are not covered by the legislation.

    The amendments are mainly composed of four categories: to reflect the amended electoral legislation, such as the procedures if electronic counting arrangements are adopted in functional constituency elections; to reflect the latest electoral arrangements and facilitation measures, for instance, electors could log on to an online system to check information such as their allocated polling stations, and candidates could submit election forms via electronic means; to further elaborate the contents of the guidelines to enable candidates and other relevant people to have a clearer understanding of the areas which they should pay attention to; and to align with the amendments already made to the other guidelines on election-related activities.

    Mr Lok said: “To enable the public to better understand the requirements of the relevant electoral legislation and the code of conduct formulated by the EAC for the conduct of election-related activities, we have also enhanced the proposed guidelines by, for example, explaining the relevant electoral arrangements in the form of tables, consolidating the contents of the chapters, etc, with a view to making the proposed guidelines more concise and easy to comprehend.”

    The proposed guidelines can be downloaded online or viewed at the Registration & Electoral Office, the Home Affairs Enquiry Centres of all district offices and the major and district public libraries.

    People are welcome to make written representations on the proposed guidelines by email, by post to 8/F, Treasury Building, 3 Tonkin Street West, Cheung Sha Wan, Kowloon, or fax to 2511 1682 on or before August 1.

    The EAC will hold a public forum from 7pm to 9pm on July 18 at the School Hall, 4/F, Kowloon Tong Government Primary School. The last admission time is 8pm.

    Call 2891 1001 for enquiries.

    MIL OSI Asia Pacific News –

    July 4, 2025
  • MIL-OSI Africa: African Development Bank awards $1 million grant to support green skills development for South Africans, with focus on youth

    Source: APO

    The African Development Bank (www.AfDB.org), through the Fund for African Private Sector Assistance (FAPA), has awarded a $1 million grant to South Africa’s National Business Initiative (NBI) to strengthen efforts to build a dynamic, demand-led skills ecosystem that enables South Africans, particularly young people, to access emerging job opportunities in the green economy. 

    South Africa continues to face significant challenges in youth employment, with StatisticsSA (http://apo-opa.co/3I92YRD) reporting that 46.1% of young people aged 15 to 34 were unemployed in the first quarter of 2025.

    The funding will support the country’s Just Energy Transition Skilling for Employment Programme (JET SEP), led by the National Business Initiative in partnership with the management consultancy Boston Consulting Group. The initiative coordinates private sector efforts to prepare the workforce for the energy transition, in tandem with the government’s JET Skilling Implementation Plan, focused on inclusive workforce development and sustainable job creation. 

    Specifically, the grant will finance the programme’s first phase, including feasibility studies for the design of skills development zones and capacity building within the public technical and vocational education and training system.  Skills development zones will anchor the delivery of inclusive skills and foster local economic growth during the country’s just-energy transition.

    Launched in 2024 and endorsed by the JET Project Management Unit under the presidency of the Government of South Africa, JET SEP has garnered support from over 30 influential South African CEOs, public sector leaders, and civil society leaders in the past year.   

    Of the grant, Kennedy Mbekeani, African Development Bank Director General for Southern Africa, said: “By linking a strong private sector coalition – the engine for job creation – with government, academia, and NGOs, the FAPA grant will play a catalytic role to support informed policy decisions in skills development and labour market programmes. It will also strengthen skills development efforts for the growth of the Micro, Small and Medium Enterprises and the creation of jobs for youth in South Africa’s green economy.”   

    The grant builds on the African Development Bank’s significant investment in South Africa’s energy sector. Since 2007, the Bank has invested $3.4 billion to support energy infrastructure, including renewable energy. The current grant will support the government’s efforts to identify the skills needed for the sector, with a particular focus on renewable energy.

    Shameela Soobramoney, CEO of the National Business Initiative, said: “This grant from the African Development Bank is a critical step toward turning vision into action, strengthening the national skills system, and ensuring that all South Africans are equipped to seize new opportunities in the green economy. We are proud to continue working alongside our partners and stakeholders to build an inclusive future-ready workforce and to stimulate local economies in a way that leaves no one behind.”

    Distributed by APO Group on behalf of African Development Bank Group (AfDB).

    Media contact:
    African Development Bank
    :
    Emeka Anuforo,
    Communication and External Relations Department,
    media@afdb.org  

    NBI:
    Siphokuhle Mkancu, 
    IRM Engagement & Communications Manager:
    Economic Inclusion,
    SiphokuhleM@nbi.org.za,
    +27 76 1292 511 

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

    Media files

    .

    MIL OSI Africa –

    July 4, 2025
  • MIL-OSI Africa: Parliamentary Vice-Minister for Foreign Affairs ERI’s attendance at the symposium “Empowering Lesotho: Unlocking Finance to Drive the Energy Transition in a Land-Locked Developing Country”

    Source: APO


    .

    On July 3rd, Ms. ERI Arfiya, Parliamentary Vice Minister for Foreign Affairs, attended the symposium “Empowering Lesotho: Unlocking Finance to Drive the Energy Transition in a Land-Locked Developing Country”, co-hosted by the United Nations University and the Embassy of Lesotho in Japan, with the presence of the H.M. Letsie III, King of the Kingdom of Lesotho and H.M. Queen Masenate Mohato Seeiso, who are in Japan to participate in the National Day events of the Osaka-Kansai Expo. She delivered a speech on behalf of the Ministry of Foreign Affairs. The outline of the speech is as follows.

    1. At the outset, Parliamentary Vice-Minister ERI welcomed the visit of H.M. Letsie III and H.M. Queen Masenate Mohato Seeiso to Japan, and stated that, since the establishment of diplomatic relations in 1971, Japan and Lesotho have built cordial relations through cooperation in areas such as food security, renewable energy, education, and health.
    2. Parliamentary Vice-Minister ERI mentioned Japan’s goal of achieving carbon neutrality by 2050 and expressed her hope to work with Lesotho, which is actively promoting the transition to renewable energy by leveraging its abundant water resources and high-quality renewable energy resources, to lead global efforts for climate change measures and promote economic development.
    3. Parliamentary Vice-Minister ERI mentioned that the 9th Tokyo International Conference on African Development (TICAD 9) will be held in Yokohama in August this year, and concluded her remarks by expressing her hope to take this opportunity to create innovative solutions that will lead to the prosperity of both Japan and Africa by leveraging Japanese technology and expertise on various topics including the renewable energy sector, which was discussed in this symposium.

    Distributed by APO Group on behalf of Ministry of Foreign Affairs of Japan.

    MIL OSI Africa –

    July 4, 2025
  • MIL-OSI Africa: Prime Minister addresses the Parliament of Ghana

    Source: APO


    .

    ​Prime Minister Shri Narendra Modi addressed a special session of the Parliament of Ghana today, becoming the first Indian Prime Minister to do so. The session, convened by the Speaker of Parliament, Hon’ble Alban Kingsford Sumana Bagbin, was attended by Members of Parliament, Government officials and distinguished guests from both the nations. The address marked a significant moment in India-Ghana relations, reflecting the mutual respect and shared democratic values that unite the two countries.

    2. ​In his address, Prime Minister highlighted the historical bonds between India and Ghana, forged through shared struggles for independence and a common commitment to democracy and inclusive development. He expressed gratitude to the President of Ghana, H.E. John Dramani Mahama and the Ghanaian people for the National Honour conferred upon him, calling it a symbol of enduring friendship. Drawing on the contributions of the great Ghanaian leader – Dr. Kwame Nkrumah, he emphasized that the ideals of unity, peace, and justice are the foundation of strong and lasting partnerships.

    3.​ Quoting Dr. Nkrumah, who once said – “The forces that unite us are intrinsic and greater than the superimposed influences that keep us apart” and who laid great stress on the long-term impact of building democratic institutions, Prime Minister underscored the importance of nurturing democratic values. Noting that India as a Mother of Democracy had embraced democratic ethos as part of its culture, Prime Minister highlighted the deep and vibrant roots of democracy in India. He pointed to India’s diversity and democratic strength as a testament to the power of unity in diversity, a value echoed in Ghana’s own democratic journey. He also highlighted the pressing global challenges such as climate change, terrorism, pandemics, and cyber threats and called for a collective Global South voice in global governance. In this context, he underlined the inclusion of African Union as a permanent member of G20 during India’s presidency.

    4.​ Prime Minister lauded Ghana’s vibrant parliamentary system and expressed satisfaction at the growing exchanges between the legislatures of both countries. In this context, he welcomed the establishment of the Ghana-India Parliamentary Friendship Society. Expressing the resolve of the people of India to make the country a developed nation by 2047, Prime Minister noted that India would stand shoulder to shoulder with Ghana in its pursuit of progress and prosperity.

    5. ​Full address of Prime Minister may be seen here.

    Distributed by APO Group on behalf of Ministry of External Affairs – Government of India.

    MIL OSI Africa –

    July 4, 2025
  • MIL-OSI United Kingdom: Fit for the Future: Health and Social Care Secretary’s statement

    Source: United Kingdom – Government Statements

    Oral statement to Parliament

    Fit for the Future: Health and Social Care Secretary’s statement

    Wes Streeting, Secretary of State for Health and Social Care, made an oral statement announcing Fit for the Future: 10 Year Health Plan for England.

    Thank you, Madam Deputy Speaker.

    With your permission, I will make a statement to the House on ‘Fit for the Future’ – the Government’s 10 Year Health Plan for England.

    There are moments in our national story when our choices define who we are.

    In 1948, the Attlee Government made a choice founded on fairness: that everyone in our country deserves to receive the care you need, not just the care you can afford. 

    It enshrined in law and in the service itself, our collective conviction that healthcare is not a privilege to be bought and sold, but a right to be cherished and protected.

    And now it falls to our generation to make the same choice: to rebuild our National Health Service, and protect in this century what Attlee’s government built for the last.

    That is the driving mission of our Ten-Year Plan.

    In September, Lord Darzi provided the diagnosis: The NHS was broken [political content redacted].

    In the past year, Labour has put the NHS on the road to recovery.

    • We promised 2 million extra appointments, and we’ve delivered more than 4 million.
    • We promised 1,000 new GPs on the frontline. We’ve recruited 1,900.
    • We’ve taken almost a quarter of a million off waiting lists, cutting waiting lists to their lowest level in two years.

    And we have launched an independent commission, chaired by Baroness Casey, to build a national consensus around a new national care service to meet the needs of older and disabled people into the 21st century.

    Today, the Prime Minister has set out our prescription to get the NHS back on its feet and make it fit for the future.

    Our Plan will deliver three big shifts:

    First, from hospital to community.

    We will turn our National Health Service into a Neighbourhood Health Service. The principle is simple: Care should happen as locally as it can: digitally by default, in a patient’s home if possible, in a neighbourhood health centre when needed, in a hospital if necessary.

    We’ll put Neighbourhood Health Centres in every community, so you can see a GP, nurse, physio, care worker, therapist, get a test, scan, or treatment for minor injuries, all under one roof. The NHS will be organised around patients, rather than patients having to organise their lives around the NHS.

    It will be easier and faster to see a GP. We will train thousands more, end the 8am scramble, provide same-day consultations, and bring back the family doctor.

    If you are someone with multiple conditions and complex needs, the NHS will co-create a personal care plan, so your care is done with you, not to you.

    Pharmacy will play an expanded role in the Neighbourhood Health Service. They will manage long-term conditions; treat conditions like obesity and high blood pressure; screen for disease and vaccinate against it.

    And we will reform the dental contract, to get more dentists doing NHS work, rebuilding NHS dentistry.

    Over the course of this Plan, the majority of the 135 million outpatient appointments done each year will be moved out of hospitals. The funding will follow, so a greater share of NHS investment is spent in primary and community care.

    Second, from analogue to digital.

    No longer will NHS staff have to enter seven passwords to login to their computers, or spend hours writing notes and entering data. Our Plan will liberate frontline staff from the parts of the job they hate, so they can focus on the job they love – caring for patients.

    For the first time ever, patients will be given real control over a single, secure and authoritative account of their data. The single patient record will mean NHS staff can see your medical records and know your medical history, so they can provide you with the best possible care.

    Wearable technology will feed in real-time health data, so patients’ health can be monitored while they stay in the comfort of their own home, with clinicians reaching out at the first signs of deterioration.

    The NHS App will become the front door to the health service, delivering power to the patient. You will be able to:

    • Book and rearrange appointments for you, your children, or a loved one you care for
    • Get instant advice from an AI doctor in your pocket
    • Leave feedback on your care, and see what feedback other patients have left
    • Choose where you’re treated
    • Book appointments in urgent care, so you don’t wait for hours
    • And refer yourself to a specialist where clinically appropriate

    And of course, patients can already do these things, but only if they can afford private healthcare. With Labour’s plan, every patient will receive a first-class service, whatever their background and whatever they earn.

    Third, from sickness to prevention.

    Working with the food industry, we will make the healthy choice the easy choice to cut calories.

    We will rollout obesity jabs on the NHS.

    We’ll get Britain moving, with our new NHS Points scheme.

    We’ll update school food standards so kids are fed healthy, nutritious meals.

    And we will tackle the mental health crisis, with support in every school to catch problems early, 24/7 support with virtual therapists for moderate need, and dedicated emergency departments for patients for when they reach crisis point

    Madam Deputy Speaker, the science is on our side. The revolution in artificial intelligence, machine learning and big data offers a golden opportunity to deliver better care at better value.

    New innovator passports and reform of NICE and the MHRA will see medicines and technology rapidly adopted.

    Robotic surgery will become the norm in certain procedures, so patients recover from surgery at home rather than in hospital beds.

    And the NHS will usher in a new age of medicine, leapfrogging disease so we are predicting and preventing it, rather than just diagnosing and treating. It is therefore the ambition of this plan to provide a genomic test for every newborn baby by 2035.

    Thanks to my Right Honourable Friend, the Chancellor, this plan is backed by an extra £29 billion a year by the end of the Spending Review period, and the biggest capital investment in the history of the NHS.

    Of course, alongside that investment, comes reform. This plan slashes unnecessary bureaucracy, and devolves power and resource to the frontline.

    It abolishes more than 200 bodies, because listening to patients, guaranteeing safety, and protecting whistleblowers is core business for the NHS, and should never have been outsourced.

    It commits to publishing league tables to rank providers.

    We will intervene in failing providers to turn them around, and reinvent the foundation trust model in a new system of earned autonomy.

    Pay will be tied to performance, so excellence is recognised, and failure has consequences.

    Tariffs will be reduced to boost productivity.

    Block contracts will end, with funding tied to outcomes.

    The plan gives power to the patient, so hospitals are financially rewarded for a better service.

    It closes health inequalities by investing more in working class communities.

    And it establishes a National Investigation into maternity and neonatal services – to deliver the truth, justice, and improvement that bereaved families deserve.

    Madam Deputy Speaker, I am sometimes told that NHS staff are resistant to change. On the contrary, they’re crying out for it. They suffer the moral injury of seeing their patients treated in unfit conditions. And they’re the ones driving innovation on the frontline, and so their fingerprints are all over this Plan.

    The public are desperate for change, too. Each of us has our own story about the NHS and the difference it has made to our own lives. And we also know the consequences of failure. That is why we cannot afford to fail.

    To succeed, we need to defeat the cynicism that says that says ‘nothing ever changes’. 

    We know the change in our Plan is possible because it’s already happening. We have toured the length and breadth of the country and scouted the world for the best examples of reform. If Australia can effectively serve communities living in the outback, we can surely meet the needs of rural England. If community health teams can go door to door to prevent illness in Brazil, we can certainly do the same in Bradford.

    We know we can build the Neighbourhood Health Service, because teams in Cornwall, Camden, Northumbria, and Stratford – where I was with the Prime Minister and Chancellor this morning – are already showing us how to do it. 

    So, we will take the best of the NHS to the rest of the NHS. And we will apply the best examples of innovation from around the world, to benefit people here at home.

    Above all else, we will give power to the patient. This Plan fulfils Nye Bevan’s commitment in 1948 to put a megaphone to the mouth of every patient. And it will restore the founding promise of the NHS, to be there for us when we need it.

    [Political content redacted]

    It falls to us to make sure that the NHS not only survives, but thrives. And we will not let our country down.

    And of course, if we succeed, we will be able to say with pride that will echo down the decades of the 21st century, that we were the generation that built an NHS fit for the future and a fairer Britain, where everyone lives well for longer.

    [I commend this statement to the House.]

    Updates to this page

    Published 3 July 2025

    MIL OSI United Kingdom –

    July 4, 2025
  • MIL-OSI Russia: The 7th Heilongjiang Tourism Development Conference was held in Fuyuan

    Translation. Region: Russian Federal

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

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

    BEIJING, July 3 (Xinhua) — The 7th Heilongjiang Provincial Tourism Development Conference was held from July 2 to 3 in Fuyuan, known as the “East Pole of China.” Under the theme of “Sunrise in the East, Grace in Heilongjiang,” the event introduced six distinctive features of the province, offering a multifaceted cultural feast to tourists at home and abroad.

    According to the website of the Heilongjiang Provincial People’s Government, the conference is deeply integrated into the Belt and Road Initiative. It invited government and business representatives from nearly 20 countries and regions, including Russia and the Republic of Korea, to deepen international cooperation in culture and tourism. Relying on the trans-border river and lake resources of Heilongjiang Province, the event brought together 18 border counties and cities such as Suifenhe, Hulin and Raohe, introducing premium tourism routes including sunrise at the “East Pole”, ethnic traditions and ecological exploration.

    Fuyuan, as China’s leading window for cooperation with Northeast Asia, is the golden spot of ecotourism on Heixiazi Island and a vibrant platform for the interpenetration of Chinese and Russian cultures. Holding such a conference at the county level for the first time, Fuyuan has implemented 17 specialized cultural tourism projects, creating a new model for integrating county economy with cultural tourism to strengthen the brand of “China’s East Pole”.

    The city of Fuyuan is separated from Russia by the rivers Usulijiang /Ussuri/ and Heilongjiang /Amur/ on the eastern and northern sides, respectively. -0-

    MIL OSI Russia News –

    July 4, 2025
  • MIL-OSI Russia: Transport links open up new prospects for expanding trade between SCO member countries

    Translation. Region: Russian Federal

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

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

    TIANJIN, July 3 (Xinhua) — Since late June, 29 trainee drivers from Kazakhstan have been undergoing immersive training in the northern Chinese city of Tianjin to master their light rail transit (LRT) driving skills.

    The three-month program, led by Tianjin Rail Transport Corporation, will feature technical solutions for the installation and commissioning of equipment systems, response to adverse weather conditions, equipment procurement and line reconstruction in the first phase of the Astana LRT project in Kazakhstan.

    As stated by the general director of the consulting company of this corporation Wang Qingyun, instead of simply copying the Chinese experience, the team carefully studied the operating conditions and special requirements of Astana, and developed individual training programs and materials.

    Transport has always been a key area of cooperation among the Shanghai Cooperation Organization (SCO) countries. From Tuesday to Wednesday, Tianjin hosted the high-level meeting of the Global Sustainable Transport Forum and the 12th SCO Transport Ministers’ Meeting, where officials from different countries jointly discussed cooperation opportunities and promoted regional connectivity.

    Many Central Asian countries, being deeply continental states, have gained access to the seas and new trade routes thanks to the created and constructed “transport corridors”, which have become a “new engine” for industrial cooperation and economic development.

    On June 30, the first China-Europe train, running along the trans-Caspian route, departed from Beijing to the capital of Azerbaijan, Baku. Transportation of goods from Beijing to Baku involves the use of the multimodal method “railway – sea – rail”. The goods will cover a distance of more than 8 thousand km and arrive in Baku in 15 days.

    “The launch of such a train has created a more convenient and efficient international logistics channel for enterprises in Beijing and surrounding areas, which will effectively promote trade cooperation between China and Azerbaijan and other countries,” said Wang Dong, from the logistics center of the Beijing branch of China State Railway Corporation.

    Last year, Azerbaijan received more than 350 trains from Chinese cities as part of the China-Europe international rail transport. These shipments constantly contribute to the modernization and expansion of trade corridors, said Fariz Aliyev, an official at the Azerbaijani Ministry of Digital Development and Transport.

    China-Europe freight trains have become a clear example of China’s deepening transport links with other SCO countries. According to the Ministry of Transport of China, a total of 19,000 China-Europe trains passed through SCO countries and regions in 2024, up 10.7 percent from the previous year. The region’s transport network is becoming increasingly interconnected.

    Vice Minister of Transport Li Yang assured that China will continue to interact with the world and keep pace with the times, consistently promote global transport cooperation based on the principles of “joint consultation, joint construction and joint use,” and provide new opportunities for the world through its own development. -0-

    MIL OSI Russia News –

    July 4, 2025
  • MIL-OSI Russia: In the first five months of this year, Uzbekistan imported passenger cars worth 325.3 million US dollars

    Translation. Region: Russian Federal

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

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

    Tashkent, July 3 (Xinhua) — Uzbekistan imported passenger cars worth 325.3 million US dollars in the first five months of this year, the National Statistics Committee of the Republic of Uzbekistan reported on Wednesday.

    “According to the National Statistics Committee, from January to May 2025, 18,387 passenger cars worth 325.3 million US dollars were imported to Uzbekistan. Of these, 9,789 were electric cars,” the report says.

    It is reported that among the countries that supplied passenger cars to Uzbekistan in the first five months of 2025, China took first place – 15,873 units. Next come the Republic of Korea – 1,882 units and India – 168 units.

    In 2024, Uzbekistan imported passenger cars worth 1.28 billion US dollars. China was the largest source of imported cars for Uzbekistan /61 thousand units/. –0–

    MIL OSI Russia News –

    July 4, 2025
  • MIL-OSI Russia: Thailand’s Cabinet Appoints P. Vechayachaya As Acting Prime Minister After Removal Of P. Shinawatra

    Translation. Region: Russian Federal

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

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

    BANGKOK, July 3 (Xinhua) — Thailand’s Cabinet on Thursday decided to appoint Deputy Prime Minister and Home Minister Phumtham Vechayachai as acting prime minister following the removal of Phetongthan Shinawatra.

    P. Vechayachai has been appointed as the first acting prime minister and will have the same powers and duties as the prime minister, the Thai government said in a statement after the swearing-in of the new cabinet members.

    Deputy Prime Minister and Transport Minister Surya Jungrungreangkit, who previously served as acting prime minister, has been appointed as the second acting prime minister.

    P. Shinawatra, who was appointed as culture minister during the cabinet reshuffle, was removed from her duties as prime minister by a decision of the Constitutional Court. –0–

    MIL OSI Russia News –

    July 4, 2025
  • MIL-OSI China: Xi’s speech at 2nd China-Central Asia Summit published as booklet

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

    BEIJING, July 3 — A speech by Chinese President Xi Jinping at the second China-Central Asia Summit has been published in booklet form.

    Xi delivered the keynote speech themed “Championing the China-Central Asia Spirit For High-Quality Cooperation in the Region” in Astana, Kazakhstan, on June 17.

    The booklet, published by the People’s Publishing House, is available at Xinhua Bookstore outlets across the country.

    MIL OSI China News –

    July 4, 2025
  • MIL-OSI China: Xi’s speech at 2nd China-Central Asia Summit published as booklet

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

    BEIJING, July 3 — A speech by Chinese President Xi Jinping at the second China-Central Asia Summit has been published in booklet form.

    Xi delivered the keynote speech themed “Championing the China-Central Asia Spirit For High-Quality Cooperation in the Region” in Astana, Kazakhstan, on June 17.

    The booklet, published by the People’s Publishing House, is available at Xinhua Bookstore outlets across the country.

    MIL OSI China News –

    July 4, 2025
  • MIL-OSI New Zealand: Property Market – Modest value growth in NZ property re-emerges in June – Cotality NZ

    Source: Cotality NZ

    Property values in Aotearoa New Zealand ticked up by +0.2% in June, reversing two minor monthly falls of -0.1% apiece in April and May, according to Cotality NZ’s latest hedonic Value Index (HVI).

    At $815,389 in June, property values remain -16.1% down from the January 2022 peak, however they have managed to edge up by a total of +1.1% since September last year and by +0.6% in 2025 so far.

    Values around the main centres were either flat in June or up slightly. Tāmaki Makaurau Auckland and Te Whanganui-a-Tara Wellington were stable, but there was a +0.2% rise in Ōtepoti Dunedin, +0.3% in Kirikiriroa Hamilton, and +0.6% each in Tauranga and Ōtautahi Christchurch.

    Cotality NZ (formerly CoreLogic) Chief Property Economist Kelvin Davidson said the result emphasised the current variability of the market.

    “On one hand, mortgage rates have come down a long way, and that benefits borrowers whether they’re in Whangārei or Winton. But the normal upwards influence this would tend to have on sales volumes and property values is currently being dampened by other forces.”

    “In particular, the abundance of listings on the market means most buyers aren’t in a rush and can be quite tough when it comes to price negotiations.”

    “The subdued labour market remains an important factor, too. After all, it’s not only the direct job losses that are problematic, but a reduction in security for those who have kept their jobs will also be weighing on the property market.”

    “Of course, problems for some are opportunities for others, and a soft market is providing plenty of scope for first home buyers.”

    “Mortgaged multiple property owners also remain on the comeback trail, particularly at the smaller end – those buying their first rental investment, or perhaps their second.”

    National and Main Centres
    Region
    Change in dwelling values
    Month
    Quarter
    Annual
    From peak
    Median value
    Tāmaki Makaurau Auckland
    0.0%
    -0.4%
    -1.0%
    -20.9%
    $1,079,747
    Kirikiriroa Hamilton
    0.3%
    0.5%
    2.0%
    -10.0%
    $752,125
    Tauranga
    0.6%
    0.1%
    -1.1%
    -16.5%
    $915,657
    Te-Whanganui-a-Tara Wellington*
    0.0%
    -1.0%
    -5.0%
    -24.6%
    $797,457
    Ōtautahi Christchurch
    0.6%
    0.8%
    2.5%
    -4.5%
    $678,364
    Ōtepoti Dunedin
    0.2%
    0.2%
    -0.4%
    -10.7%
    $614,656
    Aotearoa New Zealand
    0.2%
    -0.1%
    -0.7%
    -16.1%
    $815,389

    Tāmaki Makaurau Auckland
    June was another variable month for the sub-markets across Tāmaki Makaurau Auckland, with Papakura down by -0.7%, and North Shore, Rodney, Waitakere, and Manukau also recording modest falls. By contrast, Auckland City recorded a +0.3% rise and Franklin was up by +0.5%.
    Most of these areas remain lower than three months ago as well, although Auckland City has edged higher by +0.2% since March.

    Mr Davidson said: “There have been hints in the past few months that the stock of listings available on the market in Tāmaki Makaurau Auckland has started to drop slightly. But listings remain high, and, as with many other parts of the country, this means buyers still have the upper hand.”

    “In this environment, it’s not surprising to see continued patchiness in values around the super-city.”

    Te Whanganui-a-Tara Wellington

    Generally speaking, June was also another subdued month for property values in the wider Te Whanganui-a-Tara Wellington area.

    Indeed, Te Awa Kairangi ki Tai Lower Hutt edged down by -0.2%, Wellington City and Kāpiti Coast were flat, while Porirua and Te Awa Kairangi ki Uta Upper Hutt managed modest increases of +0.1-0.2%. Only Kāpiti Coast has shown a (small) rise since March.

    “Te Whanganui-a-Tara Wellington’s previous sharp downturn in property values seems to have come to an end, no doubt reflecting the influence of lower mortgage rates. But values are yet to show any clear upwards trend, and alongside high levels of listings, the uncertainty around public sector employment is likely to remain a restraining factor in Te Whanganui-a-Tara Wellington too,” said Mr Davidson.

    Regional results
    Outside the main centres, property values were a mixed bag in June.

    For example, Rotorua was down by -0.7%, with Tūranganui-a-Kiwa Gisborne, Whanganui, and Heretaunga Hastings all dropping modestly. But Whangārei, Te Papaioea Palmerston North, Waihōpai Invercargill, and Tāhuna Queenstown saw rises in June of least +0.4%.

    “It’s always difficult to cast a wide net over every region and conclude that any one factor is driving provincial housing markets. At present, for example, lower mortgage rates are obviously a common factor, while some will be faring better than others off the back of a strong dairy sector.”

    “Ultimately, the wider economic uncertainty we’re currently seeing and a subdued labour market still seem to be causing property market variability from month to month in a number of regions,” added Mr Davidson.

    Property market outlook
    Looking ahead, Mr Davidson suggested that ‘caution’ remains a key word.

    “In this environment where buyers have the upper hand and economic sentiment remains subdued, it’s hard to see these ‘flat’ housing market conditions suddenly turning around within a month or two.”

    “The Reserve Bank’s upcoming official cash rate decisions, including a probable hold next week on Wednesday 9th, aren’t likely to sway the housing market too much.”

    “One factor that has been getting attention lately is the potential boost to the economy and property market that might be provided as existing mortgage-holders reprice from a current average rate of around 5.9% down towards prevailing interest rates of 5% or less. But some might save that extra cash or even keep their repayments the same and reduce the term of the loan.”

    “In other words, for every upwards influence on the housing market at present, you can probably find a downwards factor. All in all, given that values have only risen by less than 1% over the first half of 2025, a modest calendar year gain in the range of 2-3% now seems on the cards, rather than anything stronger,” Mr Davidson concluded.

    For more property news and insights, visit www.corelogic.co.nz/news-research.

    Notes:
    The Cotality Hedonic Home Value Index (HVI) is calculated using a hedonic regression methodology that addresses the issue of compositional bias associated with median price and other measures. In simple terms, the index is calculated using recent sales data combined with information about the attributes of individual properties such as the number of bedrooms and bathrooms, land area and geographical context of the dwelling. By separating each property into its various formational and locational attributes, observed sales values for each property can be distinguished between those attributed to the property’s attributes and those resulting from changes in the underlying residential property market. Additionally, by understanding the value associated with each attribute of a given property, this methodology can be used to estimate the value of dwellings with known characteristics for which there is no recent sales price by observing the characteristics and sales prices of other dwellings which have recently transacted. It then follows that changes in the market value of the entire residential property stock can be accurately tracked through time.

    The detailed ‘frequently asked questions’ and methodological information can be found at:https://www.corelogic.co.nz/our-data/hedonic-index

    MIL OSI New Zealand News –

    July 4, 2025
  • MIL-OSI Asia-Pac: CFS urges public not to consume imported prepackaged cumin powder with possible presence of ethylene oxide

    Source: Hong Kong Government special administrative region

    CFS urges public not to consume imported prepackaged cumin powder with possible presence of ethylene oxideBrand: MIMINO
    Place of origin: Georgia
    Net weight: 50 grams
    Best-before date: December 1, 2025
    Importer: Greek Delicatessen LimitedIssued at HKT 20:45

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 4, 2025
  • MIL-OSI Asia-Pac: CFS urges public not to consume imported prepackaged cumin powder with possible presence of ethylene oxide

    Source: Hong Kong Government special administrative region

    CFS urges public not to consume imported prepackaged cumin powder with possible presence of ethylene oxideBrand: MIMINO
    Place of origin: Georgia
    Net weight: 50 grams
    Best-before date: December 1, 2025
    Importer: Greek Delicatessen LimitedIssued at HKT 20:45

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 4, 2025
  • MIL-OSI Asia-Pac: CFS urges public not to consume imported prepackaged cumin powder with possible presence of ethylene oxide

    Source: Hong Kong Government special administrative region

    CFS urges public not to consume imported prepackaged cumin powder with possible presence of ethylene oxideBrand: MIMINO
    Place of origin: Georgia
    Net weight: 50 grams
    Best-before date: December 1, 2025
    Importer: Greek Delicatessen LimitedIssued at HKT 20:45

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 4, 2025
  • MIL-OSI Asia-Pac: CFS urges public not to consume imported prepackaged cumin powder with possible presence of ethylene oxide

    Source: Hong Kong Government special administrative region

    CFS urges public not to consume imported prepackaged cumin powder with possible presence of ethylene oxideBrand: MIMINO
    Place of origin: Georgia
    Net weight: 50 grams
    Best-before date: December 1, 2025
    Importer: Greek Delicatessen LimitedIssued at HKT 20:45

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 4, 2025
  • MIL-OSI USA: U.S. International Trade in Goods and Services, May 2025

    Source: US Bureau of Economic Analysis

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $71.5 billion in May, up $11.3 billion from $60.3 billion in April, revised.

    U.S. International Trade in Goods and Services Deficit
    Deficit:

    $71.5 Billion

    +18.7%°

    Exports:

    $279.0 Billion

    –4.0%°

    Imports:

    $350.5 Billion

    –0.1%°

    Next release: Tuesday, August 5, 2025

    (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes

    Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, July 3, 2025

    Exports, Imports, and Balance (exhibit 1)

    May exports were $279.0 billion, $11.6 billion less than April exports. May imports were $350.5 billion, $0.3 billion less than April imports.

    The May increase in the goods and services deficit reflected an increase in the goods deficit of $11.2 billion to $97.5 billion and a decrease in the services surplus of $0.1 billion to $26.0 billion.

    Year-to-date, the goods and services deficit increased $175.0 billion, or 50.4 percent, from the same period in 2024. Exports increased $73.6 billion or 5.5 percent. Imports increased $248.7 billion or 14.8 percent.

    Three-Month Moving Averages (exhibit 2)

    The average goods and services deficit decreased $16.8 billion to $90.0 billion for the three months ending in May.

    • Average exports increased $0.1 billion to $283.5 billion in May.
    • Average imports decreased $16.7 billion to $373.6 billion in May.

    Year-over-year, the average goods and services deficit increased $18.8 billion from the three months ending in May 2024.

    • Average exports increased $17.9 billion from May 2024.
    • Average imports increased $36.6 billion from May 2024.

    Exports (exhibits 3, 6, and 7)

    Exports of goods decreased $11.4 billion to $180.2 billion in May.

      Exports of goods on a Census basis decreased $10.8 billion.

    • Industrial supplies and materials decreased $10.0 billion.
      • Nonmonetary gold decreased $5.5 billion.
      • Natural gas decreased $1.1 billion.
      • Finished metal shapes decreased $1.0 billion.
    • Capital goods decreased $1.9 billion.
      • Semiconductors decreased $0.6 billion.
      • Civilian aircraft engines decreased $0.5 billion.
      • Telecommunications equipment decreased $0.4 billion.
      • Computer accessories increased $0.8 billion.
    • Consumer goods increased $1.5 billion.
      • Pharmaceutical preparations increased $1.1 billion.

      Net balance of payments adjustments decreased $0.6 billion.

    Exports of services decreased $0.2 billion to $98.8 billion in May.

    • Travel decreased $0.3 billion.
    • Transport decreased $0.2 billion.
    • Charges for the use of intellectual property increased $0.1 billion.
    • Other business services increased $0.1 billion.

    Imports (exhibits 4, 6, and 8)

    Imports of goods decreased $0.2 billion to $277.7 billion in May.

      Imports of goods on a Census basis decreased $0.3 billion.

    • Consumer goods decreased $4.0 billion.
      • Other textile apparel and household goods decreased $0.8 billion.
      • Toys, games, and sporting goods decreased $0.7 billion.
      • Pharmaceutical preparations increased $2.5 billion.
    • Industrial supplies and materials decreased $0.9 billion.
      • Finished metal shapes decreased $1.7 billion.
      • Nuclear fuel materials increased $0.6 billion.
    • Automotive vehicles, parts, and engines increased $3.4 billion.
      • Passenger cars increased $3.1 billion.
    • Other goods increased $1.0 billion.
    • Capital goods increased $0.3 billion.
      • Computers increased $4.4 billion.
      • Computer accessories decreased $2.8 billion.

      Net balance of payments adjustments increased $0.1 billion.

    Imports of services decreased $0.1 billion to $72.8 billion in May.

    • Transport decreased $0.4 billion.
    • Travel decreased $0.2 billion.
    • Other business services increased $0.1 billion.
    • Maintenance and repair services increased $0.1 billion.

    Real Goods in 2017 Dollars – Census Basis (exhibit 11)

    The real goods deficit increased $8.1 billion, or 9.6 percent, to $92.5 billion in May, compared to a 12.3 percent increase in the nominal deficit.

    • Real exports of goods decreased $8.2 billion, or 5.3 percent, to $148.3 billion, compared to a 5.7 percent decrease in nominal exports.
    • Real imports of goods decreased $0.1 billion, or 0.1 percent, to $240.8 billion, compared to a 0.1 percent decrease in nominal imports.

    Revisions

    Revisions to April exports

    • Exports of goods were revised up $1.1 billion.
    • Exports of services were revised up $0.1 billion.

    Revisions to April imports

    • Imports of goods were revised down less than $0.1 billion.
    • Imports of services were revised down $0.2 billion.

    Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)

    The May figures show surpluses, in billions of dollars, with Netherlands ($4.8), Hong Kong ($3.6), South and Central America ($3.3), Switzerland ($3.3), United Kingdom ($3.0), Australia ($1.5), Brazil ($0.5), Saudi Arabia ($0.5), Belgium ($0.4), Singapore ($0.3), and Israel ($0.1). Deficits were recorded, in billions of dollars, with European Union ($22.5), Mexico ($17.1), Vietnam ($14.9), China ($14.0), Ireland ($11.8), Taiwan ($11.5), Germany ($6.8), Japan ($5.8), South Korea ($5.4), India ($5.1), Canada ($2.8), Italy ($2.6), Malaysia ($2.4), and France ($0.5).

    • The deficit with Mexico increased $3.6 billion to $17.1 billion in May. Exports decreased $0.3 billion to $27.5 billion and imports increased $3.3 billion to $44.6 billion.
    • The deficit with Ireland increased $2.4 billion to $11.8 billion in May. Exports increased $0.2 billion to $1.6 billion and imports increased $2.5 billion to $13.4 billion.
    • The deficit with China decreased $5.7 billion to $14.0 billion in May. Exports decreased $1.7 billion to $6.9 billion and imports decreased $7.4 billion to $20.9 billion.

    All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally adjusted statistics and details for goods on a Census basis, are available in exhibits 1-20b of this release. For information on data sources, definitions, and revision procedures, see the explanatory notes in this release. The full release can be found at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is available in the Census Bureau’s Economic Briefing Room at www.census.gov/economic-indicators/ or on BEA’s website at www.bea.gov/news/schedule.

    Next release: August 5, 2025, at 8:30 a.m. EDT
    U.S. International Trade in Goods and Services, June 2025

    Notice

    Update to BEA’s Annual International Services Tables

    BEA’s annual international services tables—BEA’s most detailed trade in services statistics by service type and geographic area—are scheduled for release at 10:00 a.m. on July 3, 2025, for statistics through 2024. With this release, BEA is introducing “Table 2.4. U.S. Trade in Services, Expanded Geographic Detail,” which presents total services exports, imports, and balance for 237 countries and areas, 147 more than the 90 presented in tables 2.2 and 2.3, beginning with statistics for 2018.

    If you have questions or need additional information, please contact BEA, Balance of Payments Division, at InternationalAccounts@bea.gov.

    MIL OSI USA News –

    July 4, 2025
  • MIL-OSI USA: U.S. International Trade in Goods and Services, May 2025

    Source: US Bureau of Economic Analysis

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $71.5 billion in May, up $11.3 billion from $60.3 billion in April, revised.

    U.S. International Trade in Goods and Services Deficit
    Deficit:

    $71.5 Billion

    +18.7%°

    Exports:

    $279.0 Billion

    –4.0%°

    Imports:

    $350.5 Billion

    –0.1%°

    Next release: Tuesday, August 5, 2025

    (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes

    Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, July 3, 2025

    Exports, Imports, and Balance (exhibit 1)

    May exports were $279.0 billion, $11.6 billion less than April exports. May imports were $350.5 billion, $0.3 billion less than April imports.

    The May increase in the goods and services deficit reflected an increase in the goods deficit of $11.2 billion to $97.5 billion and a decrease in the services surplus of $0.1 billion to $26.0 billion.

    Year-to-date, the goods and services deficit increased $175.0 billion, or 50.4 percent, from the same period in 2024. Exports increased $73.6 billion or 5.5 percent. Imports increased $248.7 billion or 14.8 percent.

    Three-Month Moving Averages (exhibit 2)

    The average goods and services deficit decreased $16.8 billion to $90.0 billion for the three months ending in May.

    • Average exports increased $0.1 billion to $283.5 billion in May.
    • Average imports decreased $16.7 billion to $373.6 billion in May.

    Year-over-year, the average goods and services deficit increased $18.8 billion from the three months ending in May 2024.

    • Average exports increased $17.9 billion from May 2024.
    • Average imports increased $36.6 billion from May 2024.

    Exports (exhibits 3, 6, and 7)

    Exports of goods decreased $11.4 billion to $180.2 billion in May.

      Exports of goods on a Census basis decreased $10.8 billion.

    • Industrial supplies and materials decreased $10.0 billion.
      • Nonmonetary gold decreased $5.5 billion.
      • Natural gas decreased $1.1 billion.
      • Finished metal shapes decreased $1.0 billion.
    • Capital goods decreased $1.9 billion.
      • Semiconductors decreased $0.6 billion.
      • Civilian aircraft engines decreased $0.5 billion.
      • Telecommunications equipment decreased $0.4 billion.
      • Computer accessories increased $0.8 billion.
    • Consumer goods increased $1.5 billion.
      • Pharmaceutical preparations increased $1.1 billion.

      Net balance of payments adjustments decreased $0.6 billion.

    Exports of services decreased $0.2 billion to $98.8 billion in May.

    • Travel decreased $0.3 billion.
    • Transport decreased $0.2 billion.
    • Charges for the use of intellectual property increased $0.1 billion.
    • Other business services increased $0.1 billion.

    Imports (exhibits 4, 6, and 8)

    Imports of goods decreased $0.2 billion to $277.7 billion in May.

      Imports of goods on a Census basis decreased $0.3 billion.

    • Consumer goods decreased $4.0 billion.
      • Other textile apparel and household goods decreased $0.8 billion.
      • Toys, games, and sporting goods decreased $0.7 billion.
      • Pharmaceutical preparations increased $2.5 billion.
    • Industrial supplies and materials decreased $0.9 billion.
      • Finished metal shapes decreased $1.7 billion.
      • Nuclear fuel materials increased $0.6 billion.
    • Automotive vehicles, parts, and engines increased $3.4 billion.
      • Passenger cars increased $3.1 billion.
    • Other goods increased $1.0 billion.
    • Capital goods increased $0.3 billion.
      • Computers increased $4.4 billion.
      • Computer accessories decreased $2.8 billion.

      Net balance of payments adjustments increased $0.1 billion.

    Imports of services decreased $0.1 billion to $72.8 billion in May.

    • Transport decreased $0.4 billion.
    • Travel decreased $0.2 billion.
    • Other business services increased $0.1 billion.
    • Maintenance and repair services increased $0.1 billion.

    Real Goods in 2017 Dollars – Census Basis (exhibit 11)

    The real goods deficit increased $8.1 billion, or 9.6 percent, to $92.5 billion in May, compared to a 12.3 percent increase in the nominal deficit.

    • Real exports of goods decreased $8.2 billion, or 5.3 percent, to $148.3 billion, compared to a 5.7 percent decrease in nominal exports.
    • Real imports of goods decreased $0.1 billion, or 0.1 percent, to $240.8 billion, compared to a 0.1 percent decrease in nominal imports.

    Revisions

    Revisions to April exports

    • Exports of goods were revised up $1.1 billion.
    • Exports of services were revised up $0.1 billion.

    Revisions to April imports

    • Imports of goods were revised down less than $0.1 billion.
    • Imports of services were revised down $0.2 billion.

    Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)

    The May figures show surpluses, in billions of dollars, with Netherlands ($4.8), Hong Kong ($3.6), South and Central America ($3.3), Switzerland ($3.3), United Kingdom ($3.0), Australia ($1.5), Brazil ($0.5), Saudi Arabia ($0.5), Belgium ($0.4), Singapore ($0.3), and Israel ($0.1). Deficits were recorded, in billions of dollars, with European Union ($22.5), Mexico ($17.1), Vietnam ($14.9), China ($14.0), Ireland ($11.8), Taiwan ($11.5), Germany ($6.8), Japan ($5.8), South Korea ($5.4), India ($5.1), Canada ($2.8), Italy ($2.6), Malaysia ($2.4), and France ($0.5).

    • The deficit with Mexico increased $3.6 billion to $17.1 billion in May. Exports decreased $0.3 billion to $27.5 billion and imports increased $3.3 billion to $44.6 billion.
    • The deficit with Ireland increased $2.4 billion to $11.8 billion in May. Exports increased $0.2 billion to $1.6 billion and imports increased $2.5 billion to $13.4 billion.
    • The deficit with China decreased $5.7 billion to $14.0 billion in May. Exports decreased $1.7 billion to $6.9 billion and imports decreased $7.4 billion to $20.9 billion.

    All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally adjusted statistics and details for goods on a Census basis, are available in exhibits 1-20b of this release. For information on data sources, definitions, and revision procedures, see the explanatory notes in this release. The full release can be found at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is available in the Census Bureau’s Economic Briefing Room at www.census.gov/economic-indicators/ or on BEA’s website at www.bea.gov/news/schedule.

    Next release: August 5, 2025, at 8:30 a.m. EDT
    U.S. International Trade in Goods and Services, June 2025

    Notice

    Update to BEA’s Annual International Services Tables

    BEA’s annual international services tables—BEA’s most detailed trade in services statistics by service type and geographic area—are scheduled for release at 10:00 a.m. on July 3, 2025, for statistics through 2024. With this release, BEA is introducing “Table 2.4. U.S. Trade in Services, Expanded Geographic Detail,” which presents total services exports, imports, and balance for 237 countries and areas, 147 more than the 90 presented in tables 2.2 and 2.3, beginning with statistics for 2018.

    If you have questions or need additional information, please contact BEA, Balance of Payments Division, at InternationalAccounts@bea.gov.

    MIL OSI USA News –

    July 4, 2025
  • MIL-OSI USA: U.S. International Trade in Goods and Services, May 2025

    Source: US Bureau of Economic Analysis

    The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $71.5 billion in May, up $11.3 billion from $60.3 billion in April, revised.

    U.S. International Trade in Goods and Services Deficit
    Deficit:

    $71.5 Billion

    +18.7%°

    Exports:

    $279.0 Billion

    –4.0%°

    Imports:

    $350.5 Billion

    –0.1%°

    Next release: Tuesday, August 5, 2025

    (°) Statistical significance is not applicable or not measurable. Data adjusted for seasonality but not price changes

    Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis; U.S. International Trade in Goods and Services, July 3, 2025

    Exports, Imports, and Balance (exhibit 1)

    May exports were $279.0 billion, $11.6 billion less than April exports. May imports were $350.5 billion, $0.3 billion less than April imports.

    The May increase in the goods and services deficit reflected an increase in the goods deficit of $11.2 billion to $97.5 billion and a decrease in the services surplus of $0.1 billion to $26.0 billion.

    Year-to-date, the goods and services deficit increased $175.0 billion, or 50.4 percent, from the same period in 2024. Exports increased $73.6 billion or 5.5 percent. Imports increased $248.7 billion or 14.8 percent.

    Three-Month Moving Averages (exhibit 2)

    The average goods and services deficit decreased $16.8 billion to $90.0 billion for the three months ending in May.

    • Average exports increased $0.1 billion to $283.5 billion in May.
    • Average imports decreased $16.7 billion to $373.6 billion in May.

    Year-over-year, the average goods and services deficit increased $18.8 billion from the three months ending in May 2024.

    • Average exports increased $17.9 billion from May 2024.
    • Average imports increased $36.6 billion from May 2024.

    Exports (exhibits 3, 6, and 7)

    Exports of goods decreased $11.4 billion to $180.2 billion in May.

      Exports of goods on a Census basis decreased $10.8 billion.

    • Industrial supplies and materials decreased $10.0 billion.
      • Nonmonetary gold decreased $5.5 billion.
      • Natural gas decreased $1.1 billion.
      • Finished metal shapes decreased $1.0 billion.
    • Capital goods decreased $1.9 billion.
      • Semiconductors decreased $0.6 billion.
      • Civilian aircraft engines decreased $0.5 billion.
      • Telecommunications equipment decreased $0.4 billion.
      • Computer accessories increased $0.8 billion.
    • Consumer goods increased $1.5 billion.
      • Pharmaceutical preparations increased $1.1 billion.

      Net balance of payments adjustments decreased $0.6 billion.

    Exports of services decreased $0.2 billion to $98.8 billion in May.

    • Travel decreased $0.3 billion.
    • Transport decreased $0.2 billion.
    • Charges for the use of intellectual property increased $0.1 billion.
    • Other business services increased $0.1 billion.

    Imports (exhibits 4, 6, and 8)

    Imports of goods decreased $0.2 billion to $277.7 billion in May.

      Imports of goods on a Census basis decreased $0.3 billion.

    • Consumer goods decreased $4.0 billion.
      • Other textile apparel and household goods decreased $0.8 billion.
      • Toys, games, and sporting goods decreased $0.7 billion.
      • Pharmaceutical preparations increased $2.5 billion.
    • Industrial supplies and materials decreased $0.9 billion.
      • Finished metal shapes decreased $1.7 billion.
      • Nuclear fuel materials increased $0.6 billion.
    • Automotive vehicles, parts, and engines increased $3.4 billion.
      • Passenger cars increased $3.1 billion.
    • Other goods increased $1.0 billion.
    • Capital goods increased $0.3 billion.
      • Computers increased $4.4 billion.
      • Computer accessories decreased $2.8 billion.

      Net balance of payments adjustments increased $0.1 billion.

    Imports of services decreased $0.1 billion to $72.8 billion in May.

    • Transport decreased $0.4 billion.
    • Travel decreased $0.2 billion.
    • Other business services increased $0.1 billion.
    • Maintenance and repair services increased $0.1 billion.

    Real Goods in 2017 Dollars – Census Basis (exhibit 11)

    The real goods deficit increased $8.1 billion, or 9.6 percent, to $92.5 billion in May, compared to a 12.3 percent increase in the nominal deficit.

    • Real exports of goods decreased $8.2 billion, or 5.3 percent, to $148.3 billion, compared to a 5.7 percent decrease in nominal exports.
    • Real imports of goods decreased $0.1 billion, or 0.1 percent, to $240.8 billion, compared to a 0.1 percent decrease in nominal imports.

    Revisions

    Revisions to April exports

    • Exports of goods were revised up $1.1 billion.
    • Exports of services were revised up $0.1 billion.

    Revisions to April imports

    • Imports of goods were revised down less than $0.1 billion.
    • Imports of services were revised down $0.2 billion.

    Goods by Selected Countries and Areas: Monthly – Census Basis (exhibit 19)

    The May figures show surpluses, in billions of dollars, with Netherlands ($4.8), Hong Kong ($3.6), South and Central America ($3.3), Switzerland ($3.3), United Kingdom ($3.0), Australia ($1.5), Brazil ($0.5), Saudi Arabia ($0.5), Belgium ($0.4), Singapore ($0.3), and Israel ($0.1). Deficits were recorded, in billions of dollars, with European Union ($22.5), Mexico ($17.1), Vietnam ($14.9), China ($14.0), Ireland ($11.8), Taiwan ($11.5), Germany ($6.8), Japan ($5.8), South Korea ($5.4), India ($5.1), Canada ($2.8), Italy ($2.6), Malaysia ($2.4), and France ($0.5).

    • The deficit with Mexico increased $3.6 billion to $17.1 billion in May. Exports decreased $0.3 billion to $27.5 billion and imports increased $3.3 billion to $44.6 billion.
    • The deficit with Ireland increased $2.4 billion to $11.8 billion in May. Exports increased $0.2 billion to $1.6 billion and imports increased $2.5 billion to $13.4 billion.
    • The deficit with China decreased $5.7 billion to $14.0 billion in May. Exports decreased $1.7 billion to $6.9 billion and imports decreased $7.4 billion to $20.9 billion.

    All statistics referenced are seasonally adjusted; statistics are on a balance of payments basis unless otherwise specified. Additional statistics, including not seasonally adjusted statistics and details for goods on a Census basis, are available in exhibits 1-20b of this release. For information on data sources, definitions, and revision procedures, see the explanatory notes in this release. The full release can be found at www.census.gov/foreign-trade/Press-Release/current_press_release/index.html or www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services. The full schedule is available in the Census Bureau’s Economic Briefing Room at www.census.gov/economic-indicators/ or on BEA’s website at www.bea.gov/news/schedule.

    Next release: August 5, 2025, at 8:30 a.m. EDT
    U.S. International Trade in Goods and Services, June 2025

    Notice

    Update to BEA’s Annual International Services Tables

    BEA’s annual international services tables—BEA’s most detailed trade in services statistics by service type and geographic area—are scheduled for release at 10:00 a.m. on July 3, 2025, for statistics through 2024. With this release, BEA is introducing “Table 2.4. U.S. Trade in Services, Expanded Geographic Detail,” which presents total services exports, imports, and balance for 237 countries and areas, 147 more than the 90 presented in tables 2.2 and 2.3, beginning with statistics for 2018.

    If you have questions or need additional information, please contact BEA, Balance of Payments Division, at InternationalAccounts@bea.gov.

    MIL OSI USA News –

    July 4, 2025
  • MIL-OSI Africa: Ethiopia: African Development Bank approves $50 million Trade Finance Transaction Guarantee Facility to Awash Bank for support to Small and Medium Sized Enterprises (SMEs) and local corporates

    Source: APO


    .

    The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $50 million Trade Finance Transaction Guarantee facility to support to trade finance activities of Awash Bank S.C. (Awash) (https://apo-opa.co/44ecHyL), in Ethiopia.  

    This facility will enable the Bank to provide a guarantee of up to 100 percent to confirming banks for the non-payment risk arising from the confirmation of Letters of Credit and similar trade finance instruments issued by Awash. The facility will provide much needed import trade finance requirements to Small and Medium Sized Enterprises (SMEs) and local corporates in Ethiopia. It will also support intra-Africa trade, thus directly contributing to the successful implementation of the African Continental Free Trade Area (AfCFTA) (https://apo-opa.co/44J2Sc1) agenda.  

    Following the approval, African Development Bank Head of Trade Finance, Lamin Drammeh said: “Supporting Trade in Africa is a key priority at the African Development Bank. Trade finance is an important driver of economic growth and is critical for cross-border trade, particularly in emerging markets. We are delighted to work with Awash, a strong partner with extensive knowledge and network in Ethiopia, on a shared ambition to support the region’s Trade.” 

    Commenting on the approval, Tsehay Shiferaw, CEO of Awash Bank S.C., said: “The Trade Finance Transaction Guarantee facility approved to our bank by the African Development Bank will ease the burden of arranging cash collateral with banks, thereby improving our liquidity and enabling us to support more trade customers.” He added: “The facility will enhance our trade relationships with other International and African confirming banks.

    Awash looks forward to further strengthening its partnership and benefiting more from the resources and extensive capabilities of the African Development Bank and its partners, Shiferaw said. 

    Distributed by APO Group on behalf of African Development Bank Group (AfDB).

    Contact: 
    Amba Mpoke-Bigg
    Communication and External Relations Department
    email: a.mpoke-bigg@afdb.org  

    Technical Contact: 
    Bernard Muhati 
    b.muhati@afdb.org   

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. 

    For more information: www.AfDB.org

    MIL OSI Africa –

    July 4, 2025
  • MIL-OSI: PBK Miner announces progress on its AI cloud mining infrastructure after raising $80 million in Series B funding

    Source: GlobeNewswire (MIL-OSI)

    Carshalton, UK, July 03, 2025 (GLOBE NEWSWIRE) — Founded in 2019, PBK Miner, a UK cloud mining platform, announced the successful completion of its Series B financing, receiving $80 million to support the integration of artificial intelligence technology into its cloud mining business. This round of financing was participated by several investment institutions with expertise in the fields of blockchain and sustainable technology.

    PBKMiner said the newly raised funds will be used to enhance its global network of renewable energy data centers and develop artificial intelligence mining systems designed to improve operational efficiency. These systems are designed to dynamically manage computing resources, predict optimal mining intervals, and reduce overall energy consumption, thereby increasing block verification success rates and operational stability.

    PBKMiner currently operates more than 100 data centers in multiple countries. These facilities are powered by renewable energy such as wind and solar, in line with the company’s environmentally sustainable mining strategy. The platform reportedly serves 8.5 million users in 183+ countries and regions.

    Cloud Mining Overview

    Cloud mining allows users to access cryptocurrency mining capabilities by renting computing power from a service provider, without having to purchase and maintain physical hardware. This model provides an alternative to traditional mining, which usually requires significant capital investment and technical expertise.

    Newbie-friendly: No technical skills required. New users get an instant $10 sign-up bonus.

    In the fast-moving world of cryptocurrency, ease of use and sustainable profitability are essential. PBKMiner’s cloud mining service is an attractive option for beginners looking for a reliable source of passive income.

    PBKMiner supports a variety of digital assets, including BTC, ETH, DOGE, USDT, USDC, LTC, XRP, SOL and BCH, etc. The mining business is fully managed by PBKMiner, including hardware maintenance and infrastructure operations.

    Integration of artificial intelligence

    PBKMiner integrates artificial intelligence into the cloud mining framework, aiming to optimize resource allocation and performance in real time. This approach is expected to reduce electricity consumption in renewable energy centers and increase system responsiveness.

    The company has said it plans to expand its green data center footprint in Europe, North America, and Asia. The centers are expected to use wind and hydroelectric power to provide low-cost and sustainable mining capacity.

    PBKMiner now offers flexible smart cloud mining plans:

    • 2-day strategy: return rate +6.7%
    • 5-day strategy: return rate +6.19%
    • 15-day strategy: return rate +20.9%
    • 30-day strategy: return rate +55.7%

    These performance figures are not speculation, but are based on real usage data from millions of users. This is due to PBKMiner’s AI-driven profit optimization engine and result-oriented cloud mining model.

    One of the most attractive aspects of AI cloud mining plans is the ultra-low investment threshold and flexible contract period. For example, a 2-day cloud mining strategy starts at only $100.

    How to start AI cloud mining with PBKMiner

    1.Register: Sign up now and get a $10 welcome bonus, plus a $0.60 daily login bonus.

    1. Choose a contract: Select a mining plan that fits your budget and financial goals. All available plans support AI cloud mining.
    2. Start earning: Once your contract is activated, PBKMiner’s intelligent platform will take care of the rest – ensuring seamless and efficient mining operations to maximize your profits.

    About PBKMiner

    Founded in 2019, PBKMiner represents a new generation of AI-driven cloud mining technology, based on data, performance, and trust. The platform supports cloud mining of XRP, BTC, ETH, LTC, DOGE, and SOL. With a rapidly growing global user base, PBKMiner will stand out as one of the most promising cryptocurrency investment opportunities in 2025, especially for investors who seek sustainable long-term returns rather than speculative gains.

    For full details and participation options please visit: https://pbkminer.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in the loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    Media Contact:

    Alison Evans

    PBK Miner

    info@pbkminer.com

    https://pbkminer.com

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

    July 4, 2025
  • MIL-OSI: American Rebel Light Beer Congratulates John Hall on Triumphant NHRA Victory in Ohio

    Source: GlobeNewswire (MIL-OSI)

    Hall Scores First Pro Stock Motorcycle Win in Nearly 12 Years

    Nashville, TN, July 03, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB), the unapologetically patriotic lifestyle brand behind America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer (americanrebelbeer.com), proudly congratulates John Hall on his exhilarating Pro Stock Motorcycle win on his American Rebel Buell at the 19th annual Summit Racing Equipment NHRA Nationals in Norwalk, Ohio.

    Hall’s return to the winner’s circle after nearly 12 long years was nothing short of legendary. Piloting the American Rebel Motorcycle and burning red, white, and blue down the track, he gave fans across the nation a reason to cheer – and another reason to crack open an ice-cold American Rebel Light Beer in celebration.

    “It’s special because you never know if you’re going to get another one. I won twice in 2013, including the U.S. Nationals,” said John Hall. “You know, 12 years goes by and you just realize how hard it is to get one of these.”

    John got the job done in the finals on Sunday in Norwalk, chasing down Richard Gadson with a run of 6.880 at 196.67 mph. Gadson left first with a standout .021 reaction time, but Hall had enough power to slip by at the finish line, recording his first victory since the U.S. Nationals at Indianapolis in 2013.

    “As we head into the Fourth of July weekend, John’s victory couldn’t have come at a more perfect time,” said Andy Ross, CEO of American Rebel. “He represents the heart of our brand – not just in victory lane, but also through his dedication to distribution in Connecticut at Dichello Distributors (dichello.com). We’re proud to be the primary sponsor of John’s motorcycle this season. He’s a key member of our extended family, and we’re proud to celebrate his success alongside America’s birthday.”

    John Hall is President of Dichello Distributors, the distributor for American Rebel Light for 4 counties in Connecticut. Dichello was one of the early distributors to sign a distribution agreement with American Rebel Light (“Rebel Light”) and Dichello’s Connecticut territory is the top per capita sales territory for Rebel Light.

    From Nashville to Norwalk and beyond, the American Rebel lifestyle roars loudest when freedom meets fuel, and John Hall’s win embodies that spirit with full throttle glory. This holiday weekend, raise your glass, wave your flag, and salute a true champion.

    About American Rebel Light Beer

    American Rebel Light is more than just a beer – it’s a celebration of freedom, passion, and quality. Brewed with care and precision, our light beer delivers a refreshing taste that’s perfect for every occasion.

    Since its launch in September 2024, American Rebel Light Beer has rolled out in Tennessee, Connecticut, Kansas, Kentucky, Ohio, Iowa, Missouri, North Carolina, Florida, Indiana and Virginia and is adding new distributors and territories regularly. For more information about the launch events and the availability of American Rebel Beer, please visit americanrebelbeer.com or follow us on our social media platforms (@americanrebelbeer).

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    For more information about American Rebel Light Beer follow us on social media @AmericanRebelBeer.

    For more information, visit americanrebelbeer.com.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebelbeer.com. For investor information, visit americanrebel.com/investor-relations.

    Watch the American Rebel Story as told by our CEO Andy Ross visit The American Rebel Story

    Media Inquiries:
    Matt Sheldon
    Matt@Precisionpr.co
    917-280-7329

    American Rebel Holdings, Inc.
    info@americanrebel.com
    ir@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of our continued sponsorship of high profile events, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the three months ended March 31, 2025. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Attachment

    • American Rebel Holdings, Inc

    The MIL Network –

    July 4, 2025
  • MIL-OSI: Locafy Receives Nasdaq Notification Regarding Delayed Filing of Interim Financials

    Source: GlobeNewswire (MIL-OSI)

    PERTH, Australia, July 03, 2025 (GLOBE NEWSWIRE) — Locafy Limited (NASDAQ: LCFY, “Locafy” or the “Company”), a globally recognized leader in location-based digital marketing, today announced that on July 1, 2025, it received a notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(2) (the “Rule”), as the Company has not yet filed a Form 6-K containing an interim balance sheet and income statement as of the end of its second quarter ended December 31, 2024 (the “Filing”).

    The Nasdaq notice has no immediate effect on the listing or trading of the Company’s securities. Under Nasdaq’s listing rules, the Company has 60 calendar days, or until September 1, 2025, to submit a plan to regain compliance. If Nasdaq accepts the Company’s plan, it may grant an extension of up to 180 calendar days from the Filing’s original due date, or until December 29, 2025, for the Company to regain compliance.

    Locafy is working diligently to complete the required filing and intends to submit a compliance plan within the required timeframe. There can be no assurance that the Company’s plan will be accepted or the Company will be able to regain compliance with the Rule.

    About Locafy
     Locafy (Nasdaq: LCFY, LCFYW) is a globally recognized software-as-a-service (SaaS) technology company specializing in local search engine marketing. Founded in 2009, Locafy’s mission is to revolutionize the US$700 billion SEO sector. The Company helps businesses and brands improve search engine relevance and visibility in proximity-based search through a fast, easy, and automated platform. For more information, please visit www.locafy.com.

    Forward-Looking Statements
    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “subject to”, “believe,” “anticipate,” “plan,” “expect,” “intend,” “estimate,” “project,” “may,” “will,” “should,” “would,” “could,” “can,” the negatives thereof, variations thereon and similar expressions, or by discussions of strategy, although not all forward-looking statements contain these words and include, but are not limited to, the Company’s ability to regain and maintain compliance with the Nasdaq Capital Market’s continued listing requirements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 20-F, filed with the SEC on November 12, 2024, as amended, and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements

    Investor Relations Contact:
    Matt Glover
    Gateway Group, Inc.
    (949) 574-3860
    LCFY@gateway-grp.com 

    The MIL Network –

    July 4, 2025
  • MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. carry out periodic review of risk categorisation of certain accounts at least once in six months;

    2. provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and

    3. implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/646

    MIL OSI Economics –

    July 4, 2025
  • MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. carry out periodic review of risk categorisation of certain accounts at least once in six months;

    2. provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and

    3. implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/646

    MIL OSI Economics –

    July 4, 2025
  • MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. carry out periodic review of risk categorisation of certain accounts at least once in six months;

    2. provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and

    3. implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/646

    MIL OSI Economics –

    July 4, 2025
  • MIL-OSI Economics: RBI imposes monetary penalty on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹4.00 lakh (Rupees Four Lakh only) on Shree Chhani Nagarik Sahakari Bank Limited, Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’, ‘Customer Protection – Limiting Liability of Customers of Co-operative Banks in Unauthorised Electronic Banking Transactions’, ‘Basic Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs)’ and ‘Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) – A Graded Approach’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. carry out periodic review of risk categorisation of certain accounts at least once in six months;

    2. provide customers with 24×7 access to report unauthorized electronic banking transactions through multiple channels; and

    3. implement certain cyber security controls prescribed by RBI under the Cyber Security Framework.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/646

    MIL OSI Economics –

    July 4, 2025
  • MIL-OSI Economics: RBI imposes monetary penalty on District Central Co-operative Bank Ltd., Durg, Chhattisgarh

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated June 30, 2025, imposed a monetary penalty of ₹1.00 lakh (Rupees One Lakh only) on District Central Co-operative Bank Ltd., Durg, Chhattisgarh (the bank) for non-compliance with certain directions issued by RBI on ‘Know Your Customer (KYC)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by the National Bank for Agriculture and Rural Development (NABARD), with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, oral submissions made during the personal hearing and additional submissions made by it, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank:

    i) (a) did not upload the KYC records of certain customers onto Central KYC Records Registry (CKYCR) within the prescribed timeline,

    (b) did not carry out periodic updation of KYC of certain customers as per the prescribed periodicity; and

    ii) allotted multiple customer identification codes to certain individual customers, instead of a Unique Customer Identification Code (UCIC) for each individual customer.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/647

    MIL OSI Economics –

    July 4, 2025
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