Category: Asia Pacific

  • MIL-OSI China: China strongly deplores, firmly opposes U.S. Defense Secretary’s negative remarks related to China at Shangri-La Dialogue: FM spokesperson

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

    China strongly deplores and firmly opposes the negative remarks related to China made by U.S. Defense Secretary Pete Hegseth, at the 22nd edition of the Shangri-La Dialogue, a Chinese foreign ministry spokesperson said on Saturday.

    The spokesperson said Hegseth deliberately ignored the call for peace and development by countries in the region, and instead touted the Cold War mentality for bloc confrontation, vilified China with defamatory allegations, and falsely called China a “threat.”

    “The remarks were filled with provocations and intended to sow division. China deplores and firmly opposes them and has protested strongly to the United States,” said the spokesperson.

    The spokesperson said that no country in the world deserves to be called a hegemonic power other than the United States itself, who is also the primary factor undermining the peace and stability in the Asia-Pacific. To perpetuate its hegemony and advance the so-called “Indo-Pacific strategy,” the United States has deployed offensive weaponry in the South China Sea and kept stoking flames and creating tensions in the Asia-Pacific, which are turning the region into a powder keg and making countries in the region deeply concerned.

    Noting that the Taiwan question is entirely China’s internal affair, the spokesperson said no country is in a position to interfere. “The United States should never imagine it could use the Taiwan question as leverage against China. The United States must never play with fire on this question. China urges the United States to fully abide by the one-China principle and the three China-U.S. joint communiques, and stop supporting and emboldening the ‘Taiwan independence’ separatist forces,” the spokesperson said.

    “On the South China Sea, there has never been any problem with regard to freedom of navigation and overflight there,” the spokesperson said, adding China has always been committed to working with countries concerned to properly handle differences through dialogue and consultation, while safeguarding China’s territorial sovereignty and maritime rights and interests in accordance with laws and regulations. “It is the United States who is the primary factor that is hurting the peace and stability in the South China Sea,” said the spokesperson.

    China urges the United States to fully respect the efforts of countries in the region to maintain peace and stability, stop deliberately destroying the peaceful and stable environment cherished by the region, and stop inciting conflict and confrontation and escalating tensions in the region, the spokesperson said.

    MIL OSI China News

  • MIL-OSI Economics: ADB President Announces $10 Billion Plan for India’s Urban Transformation

    Source: Asia Development Bank

    ADB President Masato Kanda announced a 5-year initiative aimed at transforming urban infrastructure across India, directing up to $10 billion, including third-party capital, into urban transformation including metro extensions, new regional rapid transit system corridors, and urban infrastructure and services.

    MIL OSI Economics

  • MIL-OSI China: Hainan Free Trade Port to begin independent customs operations by end of 2025

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

    Hainan Free Trade Port to begin independent customs operations by end of 2025

    Updated: June 1, 2025 08:40 Xinhua
    This drone photo taken on May 27, 2025 shows a view of the Yangpu International Container Port in the Yangpu Economic Development Zone in Danzhou, south China’s Hainan Province. In June 2020, China released a master plan to build the whole of Hainan Island into a globally influential and high-level free trade port by the middle of the century. Series of opening-up policies have been issued to create a “foreign investor-friendly” business environment in Hainan. Local immigration authorities have implemented measures, such as the utilization of one-stop customs clearance service, to improve the customs clearance efficiency and to reduce the operational costs of enterprises. As a key initiative in China’s opening-up strategy, the Hainan Free Trade Port is set to begin independent customs operations by year end, and global enterprises are eyeing the vast opportunities that come with open trade. [Photo/Xinhua]
    This aerial drone photo taken on May 28, 2025 shows a container ship leaves the Yangpu International Container Port in the Yangpu Economic Development Zone in Danzhou, south China’s Hainan Province. [Photo/Xinhua]
    This aerial drone photo shows a Japanese fishing vessel loads juvenile fish in waters near Wanning, south China’s Hainan Province, May 15, 2025. [Photo/Xinhua]
    This aerial drone photo taken on May 28, 2025 shows a view of the Yangpu International Container Port in the Yangpu Economic Development Zone in Danzhou, south China’s Hainan Province. [Photo/Xinhua]
    This photo taken on May 28, 2025 shows a view of the Yangpu International Container Port in the Yangpu Economic Development Zone in Danzhou, south China’s Hainan Province. [Photo/Xinhua]
    Immigration officers process border entry procedures for passengers of an international cruise ship in Sanya, south China’s Hainan Province, Jan. 3, 2025. [Photo/Xinhua]

    MIL OSI China News

  • Indian Army tests next-gen indigenous defence technologies under simulated combat conditions

    Source: Government of India

    Source: Government of India (4)

    The Indian Army is currently conducting large-scale trials of next-generation defence technologies under simulated combat conditions across various strategic locations in the country. These Capacity Development Demonstrations are taking place at the Pokhran Field Firing Ranges, Babina Field Firing Ranges, and Joshimath, with additional air defence equipment demonstrations scheduled at Agra and Gopalpur. Designed to simulate near-operational environments, the trials incorporate electronic warfare simulations to rigorously assess the performance and reliability of cutting-edge systems.

    On May 27, 2025, General Upendra Dwivedi, Chief of the Army Staff, visited the Babina Field Firing Ranges to review the ongoing evaluations and interact with stakeholders from the defence sector. These demonstrations are a significant step in the Indian Army’s roadmap for a “Decade of Transformation” and align with the broader Aatmanirbhar Bharat initiative, which promotes self-reliance in defence manufacturing.

    A wide array of advanced technologies is being tested, including unmanned aerial systems, UAV-launched precision guided munitions, runway-independent remotely piloted aerial systems, counter-drone solutions, loitering munitions, specialized vertical launch drones, multi-munition delivery systems, integrated drone detection and interdiction systems, lightweight radar systems, next-generation very short-range air defence infrared systems, and electronic warfare platforms.

    The trials aim to accelerate the integration of emerging technologies into India’s military operations and to enhance overall combat readiness. A large number of domestic defence industry partners are participating, reflecting the growing synergy between the Indian Army and indigenous manufacturers. Through these evaluations, the Indian Army is reaffirming its commitment to innovation, operational excellence, and self-reliance in the defence sector.

     

  • MIL-OSI New Zealand: Death following crash on Friday, Port Waikato

    Source: New Zealand Police

    A female has died in hospital following a crash in Port Waikato on Friday.

    Emergency services were called to Tuakau Bridge-Port Waikato Road about 6:10pm on 30 May to reports of a single vehicle rolling.

    Three occupants of the vehicle were taken to hospital – two by ambulance, who were moderately and seriously injured respectively, and another by helicopter who was critically injured.

    The critically injured female died in hospital yesterday [Saturday].

    The Serious Crash Unit attended, and the circumstances of the crash remain under investigation.

    ENDS

    Issued by the Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Focus on unruly tenants brushes up behaviour

    Source: New Zealand Government

    A Government directive to take firmer action against abusive Kāinga Ora tenants has led to consequences for threatening and abusive behaviour, and improved tenant behaviour as a result, Associate Housing Minister Tama Potaka says.

    In March 2024, Ministers instructed Kāinga Ora to end its Sustaining Tenancies Framework, which had allowed tenants to stay living in a Kāinga Ora home no matter how abusive or disruptive their behaviour.

    “Living in a taxpayer-funded social house is a privilege. The vast majority of social housing tenants are respectful of their home and courteous to their neighbours, but unfortunately they are let down by a small minority who threaten and abuse their neighbours or wilfully damage their home. Our Government campaigned on focussing in on these unruly tenants, and new data shows our approach is leading to improved behaviour,” Mr Potaka says.

    “Over the past 10 months, 63 tenancies have been terminated for abusive, threatening, or persistent disruptive behaviour. This compares to 11 tenancies being ended for disruptive behaviour in the previous financial year, and only two in the financial year before that under the previous Government.

    “Formal warnings for tenants whose behaviour is putting their tenancy at risk have increased by more than 600 per cent compared to the previous financial year, with 1,463 being issued in 2024/25 so far. 

    “Around 80 per cent of warnings – known as section 55a notices – have been first notices and 18 per cent were second notices. Third notices, which can trigger the end of a tenancy, made up just two per cent of warnings.

    “I’m also pleased to see that the time taken to address complaints to Kāinga Ora about tenant behaviour has reduced significantly. In January 2024 it took an average of 60 days to take action in response to a complaint. In April 2025 it had reduced to less than 12 days.

    “This data shows that the vast majority of disruptive tenants are taking the notices seriously and changing their behaviour to prevent receiving a second or third notice. And where they don’t change their behaviour, we’re no longer putting up with it.

    “There are whānau who have been living in angst from their neighbours abusing the privilege of a taxpayer funded home, so we’ve taken swift action to get on top of it.

    “The Government is taking an approach that ultimately benefits everyone involved, by reducing negative behaviour through formal warnings and following through with real consequences in the rare circumstances that behaviour doesn’t improve.

    “I thank Kāinga Ora staff for their work to improve tenant behaviour, particularly noting that in doing so they have to navigate some very challenging situations. We look forward to further improvements in this space.”

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: Smart devices slash water waste

    Source: Hong Kong Information Services

    With the launch of the Water Smart Taskforce Programme, the Water Supplies Department (WSD) is on track this year to save a large amount of precious water with the use of smart meter readers and data analytics.

    The department knows that water is an integral part of our daily lives given that each Hong Kong resident currently consumes an average of about 130 litres of water per day.

    Detecting waste

    In order to strengthen the promotion of water conservation, the WSD has commissioned the Centre for Water Technology & Policy at the University of Hong Kong to carry out the programme, from February this year until early next year.

    The department is inviting about 1,000 domestic and non-domestic customers of high water consumption in phases to join the programme that enables a taskforce to conduct detailed “water-usage check-ups” for such customers, helping them to understand their water consumption habits.

    According to department’s big data analytics, about 1% of domestic customers account for over 15% of the city’s total domestic water consumption.

    WSD Senior Engineer (Water Conservation) Peter Fung explained how the programme detects such water wastage.  

    “To analyse the causes for high consumption, the taskforce uses a smart water meter reader with high precision and artificial intelligence (AI)-powered technologies to analyse customers’ water usage data. For example, the taskforce can identify whether domestic water usage is mainly for cooking, laundry or showering, and compare these findings with the averages of other households.”

    He highlighted that the programme will help customers understand their water usage habits or even identify potential leaks, enabling them to take early and appropriate actions to reduce their water bills. The programme aims to reduce water usage by 500,000 cubic metres this year, which is equivalent to 200 Olympic-sized swimming pools.

    Precision diagnostics

    Customers participating in the programme will engage in an eight-week water conservation campaign. The taskforce will install smart water meter readers on the existing meters, without requiring any pipe modifications or affecting the water supply. The data will then be transmitted to the University of Hong Kong (HKU) for AI-driven analysis, detecting abnormalities and potential leaks.

    HKU’s Centre for Water Technology & Policy Executive Director Fredrick Lee shared more information on how the programme works.

    “In the third week of the water conservation campaign, we will make use of AI technologies to analyse the water usage data that we have collected by the smart water meter readers, and should we determine any abnormalities in the water usage pattern, we will make use of an algorithm developed in-house to look into the root causes and problems. We will give midterm reports with personalised water-saving advice to the programme participants and they can then change their water usage behaviour accordingly.”

    By the end of the eight-week programme, final reports will be provided to the participants, from that they can understand clearly how their water conservation efforts are taking effect.

    Mr Lee emphasised that among the first batch of the programme participants in the domestic sector, more than 80% of them were able to reduce their water consumption.

    Corporate participation

    A company with three hotels, which consistently experiences high water consumption, has been invited to participate in the programme. The head of the company’s sustainability department believes the programme can help them to gain a more comprehensive understanding of their hotels’ water consumption patterns and distribution.

    Property & Hotel Group Sustainability Department General Manager Amie Lai described their experience as a win-win once they put the programme to the test.

    “The smart water meter readers continuously monitor the water consumption in the hotels, providing granular data for analysis and visualisation on the cloud platform. The system facilitates improvements and allows our colleagues to implement specific and effective actions promptly.”

    She added that the programme empowers their hotels to uncover water-saving opportunities, slash utility costs and enhance sustainable water management, thereby advancing their sustainability goals.

    MIL OSI Asia Pacific News

  • MIL-OSI Security: Coast Guard Cutter William Hart returns home following 46-day Operation Blue Pacific Patrol in Oceania

    Source: United States Coast Guard

     

    05/31/2025 06:24 PM EDT

    HONOLULU – The crew of Coast Guard Cutter William Hart (WPC 1134) returned to Honolulu Saturday following a 46-day patrol in support of Coast Guard District Fourteen’s Operation Blue Pacific in Oceania.

    For breaking news follow us on twitter @USCGHawaiiPac

    MIL Security OSI

  • MIL-OSI New Zealand: Fatal crash, State Highway 16

    Source: New Zealand Police

    A man has died and four others are injured after a crash on State Highway 16, Pt Chevalier last night.

    Police became aware of a car on its roof in the citybound lanes shortly after 11:05pm.

    One person had been ejected from the vehicle and another was trapped inside it, who was found to be deceased.

    Four people were taken to hospital, two in a serious condition and two in moderate condition.

    The Serious Crash Unit attended the scene, and the motorway was reopened around 3:20am.

    ENDS

    Issued by the Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI Russia: Chinese, foreign scientists call on global scientific community to cooperate more closely for sustainable development

    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, May 31 (Xinhua) — Chinese and foreign scientists have called on the global scientific community to unite and make greater contributions to achieving the Sustainable Development Goals by further exploring the frontiers of science and technology.

    This was announced on Saturday in Beijing at a symposium on “Sustainable Development and Inclusive Cooperation: Responsibility of the Scientific Community,” organized in honor of the 70th anniversary of the academic departments of the Chinese Academy of Sciences (CAS).

    As ANC President Hou Jianguo noted, global challenges such as climate change, environmental pollution, resource scarcity and food security are becoming increasingly interconnected, and the opportunities and challenges of the new technological revolution are profoundly reshaping the landscape of global sustainable development.

    He said that ANC, as a national scientific research institution of China, has been steadily enhancing its research activities in fields such as environmental conservation, life sciences, health care and energy technology for many years, exploring new ways and solutions to apply emerging technologies for sustainable development.

    Looking ahead, Hou Jianguo stressed that the CPC will continue to adhere to the principle of opening up to the outside world, and work closely with partners and leading scientists around the world to deepen international cooperation in key research areas. He assured that the CPC will also expand talent exchanges and joint training, conduct consultative assessments on sustainable development, promote open data sharing to ensure sustainability, and harness the power of artificial intelligence (AI).

    Reflecting on five decades of personal engagement with Chinese scientists and the development of institutional links between Australia and China, Australian Academy of Science President Chennupati Jagadish, for his part, highlighted the enduring power of inclusive bilateral and multilateral scientific cooperation.

    He particularly noted the potential of science to overcome geopolitical boundaries and enhance global cooperation, especially in transformative areas such as quantum technologies and AI.

    Vice President of the Russian Academy of Sciences (RAS) Sergey Chernyshev, in turn, stated that RAS gives priority attention to cooperation with China. According to him, future cooperation between RAS and ANC will be key to overcoming global challenges and strengthening bilateral relations.

    International Science Council (ISC) President Peter Gluckman noted that the ISC has become a true leader in global science not only through its research contributions but also through its strengthened partnerships and commitment to science as a global endeavor.

    As P. Gluckman pointed out, the WNC is also committed to promoting international scientific cooperation, protecting the principles of science and ensuring its further progress to solve global problems.

    The event was attended by more than 60 people, including heads of national academies of sciences and responsible persons of international scientific organizations from 14 countries and regions, as well as domestic and foreign members of the ANC. –0–

    MIL OSI Russia News

  • MIL-OSI Europe: ASIA/PAKISTAN – “Justice, peace, truth: the Jubilee for Christians in Pakistan”

    Source: Agenzia Fides – MIL OSI

    Diocese of Islamabad-Rawalpindi

    Islamabad (Agenzia Fides) – “We are living in critical times in Pakistan, where everything seems at risk. The economy is in a difficult situation, the cost of living has skyrocketed. At a social level, people are very worried: Christians are among the poorest segments of the population, who are suffering the most. Unemployment is high, and people are emigrating. In a situation where everything seems negative, the Jubilee of Hope brings us back to the heart of the faith and gives us consolation,” says Fr. Asif John Khokhar, Vicar General of the Diocese of Islamabad-Rawalpindi and National Director of the Pontifical Mission Societies (PMS) in Pakistan, in an interview with Fides, where he also shares how the country’s Catholic communities are living the Jubilee Year.In Pakistan, according to the National Director of the Pontifical Mission Societies, all dioceses, parishes, and communities have organized spiritual initiatives aimed at people of all walks of life, adults and children. “People,” he emphasizes, “are trying to fully embrace the spirit of the Jubilee: This time leads us to convey hope, and we fully recognize ourselves in this expression. In the challenges of each day, amidst difficulties, poverty, and suffering, we are pilgrims of hope, that is, we walk through them carrying Jesus Christ in our hearts.””Today, the Pakistani faithful look in particular to Pope Leo XIV, who, with his particular attention to the Church’s social teaching, offers us three words: justice, peace, and truth, which encourage us to penetrate to the heart of the Gospel,” the Catholic priest said. “We believe that his words and his teaching will have a significant impact on our situation: he emphasized the Church’s social teaching, and for us Christians who find ourselves in a minority situation, we adhere to the three words he emphasized – justice, peace, and truth – in order to be able to live in our context.”Father Asif explains: “We are ready to protect justice, which is the foundation of every nation. We believe and demand that justice and equality must be established and respected in all situations and at all levels in Pakistan. We believe and hope that everyone – the institutions, the religious leaders, and civil society – will promote this.”Regarding “peace,” he notes: “We are promoters of peace, within and outside the nation.” In this context, Father Asif particularly addresses the current tensions between India and Pakistan, which stem from the disputed region of Kashmir: “It is very sad to see violence, clashes, and deaths again. We must find a way to create a peace that respects the rights of both nations, with a lasting agreement that brings reconciliation,” he hopes, “because people, societies, and economies suffer from war. It is better to sit down at the table before war than after war.” “Furthermore, as Christians, as a small community, we are always promoting dialogue between communities, cultures, and religions, thus contributing to social peace in Pakistan,” he emphasizes.Regarding the Christian concept of “truth,” the National Director says: “We stand firmly by the truth of our faith, which gives us an identity in a country with an Islamic majority. As Christians, we proudly and humbly contribute to Pakistan. We love our homeland. No one can deny or dispute that we have been involved in building the nation from its very beginning and have made a significant contribution to its growth and development. We want to continue to make our contribution, and we do so in exemplary fashion through many educational and social projects, always working for the unity and harmony of the nation, for the prosperity and well-being of all.”Among the initiatives that give new hope to Pakistan’s believers, the Vicar General said, is the laying of the foundation stone for a new church dedicated to the Holy Rosary in Gujrat, in the Diocese of Islamabad-Rawalpindi. In recent days, Archbishop Joseph Arshad presided over the celebrations, as the local community celebrated the faith event, praying in particular “for the progress, stability, and peace of Pakistan.” The archbishop expressed his gratitude to God and the local authorities for making it possible to build a new church for the community in Gujrat, which is home to “a vibrant, educated, and competent Christian community,” with many young people who wilol be able to “contribute to the development of their families and the nation.” (PA) (Agenzia Fides, 31/5/2025)
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    MIL OSI Europe News

  • MIL-OSI Russia: CPPCC National Committee Vice Chairperson Shen Yueyue Visits Tajikistan

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    DUSHANBE, May 31 (Xinhua) — Shen Yueyue, vice-chairwoman of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) and chairwoman of the Shanghai Cooperation Organization Committee on Good-Neighborliness, Friendship and Cooperation, visited Tajikistan from May 30 to 31. During the visit, she met with President Emomali Rahmon.

    Shen Yueyue conveyed warm greetings from Chinese President Xi Jinping to E. Rahmon and noted that under the strategic guidance of the two heads of state, the China-Tajikistan comprehensive strategic cooperative partnership in the new era has maintained good momentum of development. China is willing to work with Tajikistan to implement the important consensus reached by the heads of state and promote in-depth and practical cooperation to build a community with a shared future for China and Tajikistan. China is an activist and participant in global environmental governance and glacier protection, and is willing to work with all parties to fulfill common but differentiated responsibilities and build a clean and beautiful world.

    E. Rahmon asked Shen Yueyue to convey his sincere greetings to President Xi Jinping and reaffirmed that Tajikistan will actively participate in the high-quality joint construction of the Belt and Road, firmly support the three major global initiatives proposed by President Xi Jinping, and jointly build the China-Central Asia mechanism. Tajikistan is willing to deepen cooperation with China in various fields and international cooperation on issues such as combating climate change.

    Shen Yueyue attended and delivered a speech at the First International High-Level Conference on Glacier Protection, met with the Chairman of the Majlisi Namoyandagon Majlisi Oli (lower house of parliament) of the Republic of Tajikistan Faizali Idizoda, and also participated in the opening ceremony of the Center for China-Tajik Cooperation on the Prevention of Blindness within the framework of the “Health Express”. –0–

    MIL OSI Russia News

  • MIL-OSI: GA (Int’l) Capital Management Announces Launch of Communication Hubs

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, May 31, 2025 (GLOBE NEWSWIRE) — GA (Int’l) Capital Management, a leader in tailored wealth management and investment services for high-net-worth individuals, is proud to announce the opening of satellite communication hubs in Germany, Belgium, the UK, and the USA. These hubs are designed to enhance the ability of GA Capital’s brokers and analysts to connect with clients globally, offering seamless communication and support, wherever they are.

    Instead of traditional walk-in offices, these hubs will function as centres for collaboration, enabling GA Capital’s team to operate more effectively while travelling and working internationally. Equipped with state-of-the-art infrastructure, the hubs allow real-time connections for discussions on market developments, investment strategies, and personalized client support. This expansion underscores GA Capital’s commitment to improving connectivity and accessibility for clients and experts across the globe.

    Global Reach, Personalised Connections

    “As we continue to grow, our goal is to maintain personal connections at the heart of our business,” said Ho Ting Fung, CEO of GA Capital. “The new communication hubs will empower our brokers and analysts to collaborate with clients, no matter where they are. By offering our team the flexibility to work and communicate on their terms, we ensure that clients receive consistent, high-level service and insights.”

    Enabling Enhanced Communication and Service

    The hubs will support a range of services, including:

    • Discretionary Portfolio Management: Bespoke investment strategies tailored to each client’s financial goals.
    • Retirement and Succession Planning: Ensuring clients’ future security and legacy.
    • Expatriate Services: Specialised financial services for expatriates, particularly Australian and British citizens, protecting their global interests.

    These hubs streamline communication, enabling GA Capital’s experts to provide creative financial solutions and strategies to clients worldwide, maintaining a highly personalised approach to service delivery.

    About GA (Int’l) Capital Management Limited
    GA (Int’l) Capital Management Limited is a global leader in financial services, offering comprehensive solutions to clients worldwide. Focused on innovation, security, and customer service, the company is dedicated to providing reliable and cutting-edge financial strategies to meet the needs of an ever-changing market.

    For inquiries, please contact:
    Wong On Ying, COO
    GA (Int’l) Capital Management Limited
    Email: wong.on.ying@gacapitalm.com
    Phone: +852 3002 3446
    Website: https://gacapitalm.com/

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice. GA (Int’l) Capital Management does not guarantee investment outcomes or returns. Clients should seek professional advice tailored to their needs before making financial decisions.

    This content is provided by GA (Int’l) Capital Management Limited. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/667d5029-2139-4f90-9833-e0587acd2cdf

    The MIL Network

  • MIL-OSI: Trade 350 App: This Trade 350 App Sets New Standard in AI-Driven Trading with Unmatched Security and User Approval

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, May 31, 2025 (GLOBE NEWSWIRE) — Introduction

    In the crowded world of online trading platforms, separating legitimate services from elaborate scams can be a daunting task. Trade 350 App has emerged as one of the buzziest names in 2025, promising AI-driven trade signals, rapid withdrawals, and rock-solid security. But is it truly a breakthrough platform—or just another scheme designed to separate inexperienced traders from their capital? In this article, we’ll dissect every major aspect of Trade 350 app: from its core technology and fee model to real-world user experiences and regulatory credentials. By the end, you’ll have all the information needed to decide whether to trust Trade 350 with your hard-earned money.

    Don’t Miss Out: Start Automated Trading with Trade 350’s Proven AI Signals Now!

    If one notices the trends in the cryptocurrency market, one can see that most of the people involved in storing cryptocurrencies like Bitcoin and Ethereum are now moving into those transactions. Interestingly, this trend has been visible since 2017. So, what led to this transformation?

    What Is Trade 350 App?

    Trade 350 App is a digital currency trading platform that ensures safe trading on global cryptocurrency exchanges. Following a quick and thorough analysis of market volatility, members can access charts and tables on their account pages. Traders with cryptocurrency experts rely on this trading platform for accurate data analysis as such huge amounts of data cannot be collected, processed, and analyzed.
    Trade 350 App bills itself as a next-generation trading solution that leverages machine-learning algorithms to identify high-probability opportunities across Forex, cryptocurrencies, commodities, and equities. Founded in 2023 by a team of former quants and software engineers, Trade 350 aims to democratize sophisticated algorithmic strategies once reserved for hedge funds and institutional traders.

    • Core proposition: Turnkey, AI-powered signals for retail traders.
    • Supported markets: Major forex pairs (EUR/USD, GBP/USD, USD/JPY), top cryptos (BTC, ETH, XRP), indices (S&P 500, NASDAQ), and commodities (gold, oil).
    • Minimum deposit: $250 USD (or local equivalent).
    • Platforms: Web dashboard plus native iOS/Android apps.
    • Languages: English, Spanish, Mandarin, Arabic, Portuguese.

    From a high level, Trade 350’s pitch is simple: eliminate guesswork, automate trade execution, and maximize risk-adjusted returns. But ambitious marketing claims warrant a closer look—especially when unregulated brokers are notorious for opacity.
    Secure Your Spot—Join 100,000+ Traders on Trade 350 and Experience 24-Hour Withdrawals
    How Trade 350’s AI Engine Works
    At the heart of Trade 350 is a multi-layer neural-network engine trained on years of historical price data, technical indicators, and real-time sentiment signals (social media trends, news headlines). Key components include:

    1. Data ingestion layer
      • Feeds: Tick-level order-book snapshots, minute-bar OHLC data, macroeconomic calendar events, social sentiment APIs.
      • Refresh rate: Sub-second for price data; 1–5 seconds for sentiment.
    2. Feature engineering & pattern recognition
      • Technical filters: Moving-average crossovers, RSI divergences, Bollinger Band squeezes.
      • Seasonal factors: Day-of-week and month-of-year patterns.
      • Sentiment overlays: News-driven volatility spikes, Twitter-derived bullish/bearish sentiment.
    3. Signal generation module
      • Ensemble of classifiers (random forests, gradient boosting, LSTM networks) votes on entry signals.
      • Risk scoring: Each signal is given a probability score (0–100%) and a recommended position size.
    4. Order management & execution
      • API integration with partner brokers for sub-100 ms order execution.
      • Smart order routing to minimize slippage.

    Why it matters:
    A genuinely robust AI engine can adapt to shifting market regimes—bull cycles, bear markets, sideways consolidations—whereas static rule-based “signal” products often fail under stress. Users should, however, be mindful that no AI can predict “black swan” events (e.g., flash crashes, geopolitical shocks).
    Act Fast—Trade 350’s AI Strategies Are Filling Up. Claim Your Demo Mode Access Today!

    Working of Trade 350 App

    Trade 350 App is an online platform for trading in cryptocurrencies. It has dedicated tools to ensure that trading is fast, highly regulated, and profitable. The data accumulation software of this platform is brilliantly crafted to gather price movement data for all cryptocurrencies from all the exchanges in the world. This big data is then analyzed and compared with historical transaction data to generate profitable transaction signals for users. They can follow these signals to make profitable trades manually or via automated trading robots. This only takes a few milliseconds, so members of this trading platform can trade before the market takes the next step.

    The software’s built-in time-hop function allows traders to advance 0.01 seconds in the cryptocurrency market. This software allows them to predict future market positions with 100% accuracy and offers reliable trading opportunities. 

    How to use Trade 350 App?

    Step 1: Sign up for the Trade 350 App platform

    There is a registration form on the platform’s homepage. People need to fill in and fill in the details such as their name and email address. The program verifies the personal information provided, and they are the latest members to join this platform. They can log into the members’ area and continue adding funds. The developers don’t charge a subscription fee, so users can sign up immediately. 

    More Information on Trade 350 App App Can Be Found On The Official Website Here

    Step 2: Add money to the trading account

    Once traders have access to the private members’ page, they can add funds to their trading accounts. This is the money the software spends on making profitable trades. With a minimum deposit of just $ 250, one can start with small orders and gently increase their investment.

    Step 3: Check the personal information

    If members provide their payment information, the program will confirm it before deducting their initial investment. This is done to ensure that the trading account is safe and free from unwanted scams.

    Step 4: Practice, Explore, Learn

    A demo account is available with Trade 350 App. Individuals can use their accounts to place virtual trade orders. They can also explore the trading platform’s features and services to see if it suits their taste. Accounts will help people gain experience in the cryptocurrency market, which will help them when they start a real trade.

    Step 5: Change the trading parameters and select the trading mode

    The first step in making a real trade is to adjust the parameters of the trade according to one’s needs. This includes the risk traders prefer for each order, the money they are willing to invest in, and the time interval between trades. They can change and adjust the transaction parameters at any time. Setting the parameters to one’s liking keeps one in control of one’s operations.

    Then select a trading method. People can select manual mode or assisted mode. If they want the program to transact on their behalf, select the Help mode. Otherwise, switch to manual trading. 

    Step 6: Get the exact trading signal and execute the trade

    Trade 350 Apps provide people with useful trading signals. Conduct thorough market research to discover trading opportunities that fit their trading profile. If people trade in assisted mode, the software will perform these trades. With a success rate of over 99%, one can profit from every trade. 

    Step 7: Transfer the profit to the bank account

    The platform supports smooth and easy withdrawals. To transfer all earnings to the bank account, people need to fill out a withdrawal form. Upon approval, they will receive their profit in their savings account. 

    Trade 350’s AI Does the Work—You Reap the Rewards. Get Started in Minutes!

    Advantages of Trade 350 App

    Superior technology

    This trading bot uses the best technology to scan the Bitcoin market and provide trading opportunities to maximize profits. The correct response rate is 99.4%, and one can win every trade. 

    Reliable signal

    Trade 350 Apps provide the most reliable trading signals for trading in the cryptocurrency trading industry. Not only do individuals withdraw these trades for themselves, but they also execute them and establish their profit.

    Fast transaction

    Trade 350 Apps support high-frequency trading or high-frequency trading. Can complete 20 operations in 10 minutes. One can win from multiple exchanges with certain points.

    Why Choose Trade 350 App App? Australia and Canada Consumer Report Released Here

    Safe trading robot

    Trade 350 App offers the safest and most secure platform on the web. It is integrated with malware and antivirus software. Therefore, all data and information are protected. People don’t have to worry about anyone other than accessing their data and information.

    Online customer service

    It provides people with 24/7 online customer service. The team is happy to answer any questions or concerns about how the program works. The customer service team investigates and provides the correct information and resolves all queries. 

    Quick registration

    Trade 350 Apps also offer fast withdrawals. Withdrawal requests are processed in approximately one day. Traders always receive their income in their bank accounts.

    Low deposit

    People have to deposit a basic amount of $250 with a Trade 350 App. It is seed capital. One can make thousands with this investment. Also, keep in mind that the investment is directly proportional to profit. Therefore, as one continues to increase their trading capital, the profits will continue to increase proportionally. 

    Cost-effective

    The Bitcoin trading platform is free. No registrations, withdrawals, subscriptions or other hidden costs will be deducted. The developer will charge people a small “maintenance fee.” The program will deduct this as a small percentage of the income. These maintenance costs are used to provide an updated and error-free version of the software.

    Transform Your Trading—Download Trade 350 App and Unlock Smart, Secure AI Trades!

    Trading Modes: Demo vs. Live
    Trade 350 offers two distinct modes:

    • Demo Mode
      • Virtual balance (default $10,000 play money).
      • Full access to AI signals and all trading tools.
      • Ideal for newcomers to learn signal interpretation and order execution.
    • Live Mode
      • Real-money trading.
      • Adjustable risk parameters (see Section 6).
      • Access to same AI signals as demo but with real-world execution constraints (slippage, broker latency).

    Best practice: Begin in demo to fine-tune your settings and understand drawdowns. Transition to live only when consistently profitable on paper.
    Visit Here to Register on the Trade 350 App – Select Your Country Here!!!

    FAQs

    Is Trade 350 App a scam?
    No—evidence from withdrawals, Trustpilot ratings, and expert reviews points to a legitimate, albeit unregulated, broker platform.
    How much can I realistically earn?
    Performance varies widely with settings; users report 5–15% monthly on moderate risk settings—but past performance is no guarantee.
    What happens if Trade 350 goes offline?
    With custodial funds held by partner brokers, your balance remains with those brokers. Trade 350’s role is signal generation and order routing.
    Can I withdraw my original deposit anytime?
    Yes—withdrawals incur no fees and typically process within 48 hours, subject to your bank’s timelines.

    Do you want to gain experience while trading software?

    No, you don’t need to be an experienced trader when trading with the Trade 350 App software. An easy-to-use program for beginners that anyone can use to earn passive returns. We do everything from market research to profit recording. 
    Does Trade 350 offer educational resources?
    Yes—webinars, tutorials, and a knowledge base covering technical indicators, AI fundamentals, and platform navigation.

    Can I take advantage of market volatility when trading CFDs? 

    Yes, you can take advantage of market volatility in CFD trading. However, it is not easy for the human mind to accurately predict the future position of the market. In most cases, human predictions are wrong. This is not the case with trading software such as Trade 350 Apps, which can accurately predict and record profits. 

    How much time should you spend on the platform per day?

    You don’t have to spend hours on the platform to monitor your trades as the software does all the work for you. You can focus on your main task and other aspects of your life as Trade 350 Apps execute profitable trades for you around the clock.

    You can log in for 20 minutes a day, change trading parameters and withdraw your profits. 

    Fees, Spreads & Pricing Structure
    Trade 350’s revenue model is simple:

    • Spreads only: No subscription or platform fees.
    • Typical spreads:
      • Forex major pairs: 0.8 – 1.5 pips
      • Crypto (BTC/USD): 0.10% – 0.20%
      • Indices: 0.5 – 1.0 index points

    By relying solely on spreads, Trade 350 aligns its interests with active trading volume—higher client activity bolsters revenue without nickel-and-diming through extra commissions.
    Hidden costs? None disclosed—users only pay the buy-sell spread. Always check real-time spreads on the platform before placing large trades, as volatility can widen spreads temporarily.
    Why Choose Trade 350 App? Australia and Japan Consumer Report Released Here

    Pros

    • Accurate trading analysis. 
    • Fast generation of trading signals. 
    • Timeout of 0.01 seconds. 
    • Profitable and accurate transaction forecasts. 
    • The accuracy rate is 99.4%. 
    • Transactions with automated robots.
    • Margin trading is available to all clients. 
    • Demo trading functionality to learn.
    • Joint customer service. 

    Cons

    • An internet connection is required to trade with Trade 350 Apps.

    Deposit, Withdrawal & Customer Support

    • Deposit methods: Bank wire, credit/debit, PayPal, Skrill.
    • Withdrawal process:
    • Wallet → Withdraw
    • Enter amount & confirm
    • Funds arrive in 24–48 hours (users report up to 72 hours during weekends).
    • Customer support:
    • 24/5 live chat and email.
    • Phone support in EN, ES, PT.
    • Response times: Live chat replies in ~2 minutes; emails in < 6 hours.

    Overall, withdrawal speed is competitive but can slow around peak market events. No withdrawal fees apply.

    Click Here to Open Trade 350 App Account in Canada (Register Fee $250)
    Independent User Feedback
    A survey of user opinions across Reddit, Trustpilot, and specialist trading forums reveals:

    • Positive points:
      • Fast payouts without rollback or “verification loops.”
      • Transparent fee model.
      • Demo-to-live performance consistency.
    • Critiques:
      • Occasional signal lag during extreme volatility (e.g., Fed rate announcements).
      • Desire for additional regulation disclosures.
      • Some users find the risk settings complex initially.

    Aggregate Trustpilot rating sits at ~4.6 / 5 based on 1,200+ reviews at time of writing.
    Expert Analysis & Third-Party Reviews
    Industry experts have tested Trade 350 against competitors:

    • CompareBroker.net: Awarded “Best AI Signal Platform 2025” for ease-of-use and reliability.
    • ForexPulse Magazine: Noted “above-average live execution speeds” and “robust backtesting engine” but flagged “lack of transparency on audit results.”
    • CryptoReviewHub: Praised cryptocurrency signal accuracy (~68% win rate over 3 months) but emphasized need for position-sizing discipline.

    Such endorsements lend credibility, though full audit disclosures would strengthen the case.

    Conclusion: Trade 350 App

    Most people think that trading involves significant risks. They pay close attention to their analysis. However, with Trade 350 Apps, the level of risk is minimized. One can expect the software to take advantage of every trade made on one’s behalf.

    By starting in demo mode, practicing disciplined risk management, and staying informed, you can leverage Trade 350’s powerful AI engine while safeguarding your capital. Whether you’re dipping your toes into algorithmic trading or scaling up an existing strategy, Trade 350 merits a spot on your shortlist of trading platforms to consider in 2025.

    This is a free trading platform with a beginner-friendly approach. People can start trading today. Sign up for a Trade 350 App!
    Contact:-
    Trade 350 App
    (713) 231-4768
    50 W 4th St, New York, NY 10012, USA
    https://trade350app.net/

    info@cryptofinancetrack.com
    General Disclaimer:
    The content provided in this article is for informational and educational purposes only. It does not constitute financial, legal, or professional advice. Readers are advised to consult a certified financial advisor, licensed loan officer, or legal professional before making any financial decisions. The information presented may not apply to every individual circumstance and is not intended to substitute professional judgment or regulatory guidance. The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. We does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
    Trading Disclaimer:
    Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO’s, IEO’s, STO’s and any other form of offering will not guarantee a return on your investment.
    HIGH RISK WARNING: Dealing or Trading FX, CFDs and Cryptocurrencies is highly speculative, carries a level of non-negligible risk and may not be suitable for all investors. You may lose some or all of your invested capital, therefore you should not speculate with capital that you cannot afford to lose. Please refer to the risk disclosure below. Trade 350 App does not gain or lose profits based on your activity and operates as a services company. Trade 350 App is not a financial services firm and is not eligible of providing financial advice. Therefore, Trade 350 App shall not be liable for any losses occurred via or in relation to this informational website.
    SITE RISK DISCLOSURE: Trade 350 App does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of and seek professional advice for the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in FX, CFDs and Cryptocurrencies may not be suitable for all investors. Trade 350 App doesn”t retain responsibility for any trading losses you might face as a result of using or inferring from the data hosted on this site.
    LEGAL RESTRICTIONS: Without limiting the above mentioned provisions, you understand that laws regarding financial activities vary throughout the world, and it is your responsibility to make sure you properly comply with any law, regulation or guideline in your country of residence regarding the use of the Site. To avoid any doubt, the ability to access our Site does not necessarily mean that our Services and/or your activities through the Site are legal under the laws, regulations or directives relevant to your country of residence. It is against the law to solicit US individuals to buy and sell commodity options, even if they are called “prediction” contracts, unless they are listed for trading and traded on a CFTC-registered exchange unless legally exempt. The UK Financial Conduct Authority has issued a policy statement PS20/10, which prohibits the sale, promotion, and distribution of CFD on Crypto assets. It prohibits the dissemination of marketing materials relating to distribution of CFDs and other financial products based on
    Cryptocurrencies that addressed to UK residents. The provision of trading services involving any MiFID II financial instruments is prohibited in the EU, unless when authorized/licensed by the applicable authorities and/or regulator(s). Please note that we may receive advertising fees for users opted to open an account with our partner advertisers via advertisers websites. We have placed cookies on your computer to help improve your experience when visiting this website. You can change cookie settings on your computer at any time. Use of this website indicates your acceptance of this website. Please be advised that the names depicted on our website, including but not limited to Trade 350 App, are strictly for marketing and illustrative purposes. These names do not represent or imply the existence of specific entities, service providers, or any real-life individuals. Furthermore, the pictures and/or videos presented on our website are purely promotional in nature and feature professional actors. These actors are not actual users, clients, or traders, and their depictions should not be interpreted as endorsements or representations of real-life experiences. All content is intended solely for illustrative purposes and should not be construed as factual or as forming any legally binding relationship
    RISKS ASSOCIATED WITH FUTURES TRADING
    Futures transactions involve high risk. The amount of the initial margin is low compared to the value of the futures contract, so that transactions are “leveraged” or “geared”. A relatively small market movement has a proportionately larger impact on the funds that you have deposited or have to pay: this can work both for you and against you. You may experience the total loss of the initial margin funds as well as any additional funds deposited in the system. If the market develops in a way that is contrary to your position or if margins are increased, you may be asked to pay significant additional funds at short notice to maintain your position. In this case it may also happen that your broker account is in the red and you thus have to make payments beyond the initial investment.
    RISKS ASSOCIATED WITH ELECTRONIC TRADING
    Before you begin carrying out transactions with an electronic system, you should carefully review the rules and provisions of the stock exchange offering the system, or of the financial instruments listed that you intend to trade, as well as your broker’s conditions. Online trading has inherent risks due to system responses/reaction times and access times that may vary due to market conditions, system performance and other factors, and on which you have no influence. You should be aware of these additional risks in electronic trading before you carry out investment transactions.
    Affiliate Disclosure:
    This article may contain affiliate links. If a reader clicks on a link and completes an application or purchase, the publisher may receive a commission at no additional cost to the user. These commissions help support the publication and do not influence the editorial content, which is created independently and with the goal of delivering accurate and useful information.
    Accuracy Disclaimer:
    All information included in this article is presented in good faith and believed to be accurate at the time of writing. However, no representations or warranties are made regarding the completeness, accuracy, reliability, or timeliness of any information presented. Any reliance placed on such information is strictly at the reader’s own risk. The publisher does not accept responsibility for typographical errors, outdated information, or changes to products, terms, or policies after publication.
    Regulatory and Jurisdictional Disclaimer:
    Lending laws vary by jurisdiction, and not all services described in this article may be available in every state or region. It is the responsibility of the reader to understand and comply with local laws and regulations. The platforms mentioned are independently operated and are not controlled or endorsed by the publisher.
    Third-Party Liability Waiver:
    The publisher, its writers, editors, affiliates, and syndication partners shall not be held liable for any direct or indirect loss, damages, or legal claims arising from the use of this content or from reliance on any third-party services, platforms, or products mentioned herein. All loan agreements, terms, and disputes are strictly between the borrower and the lender or service provider.
    Syndication Partner Use:
    This content may be republished or syndicated by authorized partners under existing licensing or distribution arrangements. All syndication partners are free from liability regarding the editorial stance, financial suggestions, or any user outcome resulting from the reading or application of this content.

    Attachment

    The MIL Network

  • MIL-OSI: Starscope: Does Starscope Monocular Really Work for Stargazing & Hiking? Read Full Starscope Monocular Telescope Consumer Report!

    Source: GlobeNewswire (MIL-OSI)

    San Diego, CA, May 31, 2025 (GLOBE NEWSWIRE) — Introduction: Why the Starscope Monocular Is Gaining Popularity in 2025

    Whether you’re a nature lover, hiker, hunter, or stargazer, having the right optical gear can make or break your outdoor experience. In 2025, one compact device has been making waves among adventurers and outdoor enthusiasts alike — the Starscope Monocular.

    This rugged, pocket-sized monocular telescope has sparked major attention across the US, UK, Canada, and Australia. Why? Because it’s delivering high-powered vision, smartphone adaptability, and military-grade durability — all at a fraction of the size and weight of traditional binoculars or telescopes.

    From birdwatching on weekend hikes to spotting distant wildlife or gazing at the moon, Starscope promises ultra-clear, zoomed-in views without the bulk. It’s not just a camera add-on — it’s a full-on telescope designed for your hand.

    But does the Starscope Monocular actually live up to the hype? Can it truly replace bulky binoculars or expensive spotting scopes?

    In this in-depth Starscope Monocular review, we’ll uncover:

    • How it works and what makes it different
    • Real-world reviews from actual users in 2025
    • Key specs and performance in outdoor settings
    • Updated pricing and bundle deals
    • Where to buy it safely (and avoid knockoffs)

    Let’s zoom into the facts and see if Starscope really is the best monocular telescope worth your money this year.

    What Is Starscope? A Closer Look at This Trending Monocular Telescope

    The Starscope Monocular is a high-definition optical device designed to give users a clear, zoomed-in view of distant objects — whether you’re exploring mountains, observing wildlife, attending sports events, or simply stargazing. Marketed as a compact alternative to bulky binoculars and traditional telescopes, Starscope is engineered for both convenience and clarity.

    What Makes It Stand Out?

    Unlike conventional monoculars that often compromise on image quality or build strength, Starscope combines 10x magnification, BAK-4 prisms, and multi-coated lenses in a single rugged unit. It’s built using advanced military-grade materials that make it water-resistant, fog-proof, and shockproof, making it suitable for rough outdoor conditions.

    Smartphone Compatibility

    One of the standout features of the Starscope monocular is its smartphone adapter compatibility. You can easily attach your smartphone to capture stunning long-range photos and videos — perfect for wildlife photography, sightseeing, or even amateur astronomy.

    Compact, Travel-Ready Design

    At just under 300 grams, the Starscope monocular fits easily into your palm, pocket, or backpack. Its lightweight build and ergonomic grip allow for one-hand use, making it a practical choice for adventurers on the go.
    Don’t Miss Out: The Starscope Monocular Is Selling Fast – See What You’ve Been Missing!

    Who Is It Made For?

    Starscope is ideal for:

    • Hikers and backpackers
    • Hunters and birdwatchers
    • Sports fans
    • Stargazers and amateur astronomers
    • Travelers exploring scenic views

    Starscope Monocular Features & Technical Specifications

    The Starscope Monocular isn’t just another gadget — it’s an all-in-one optical solution engineered for sharp clarity, long-range zoom, and outdoor resilience. Below, we break down the core features and specifications that make this monocular a standout choice in 2025.

    Optical Power & Precision

    • 10x Magnification Power
      Starscope allows you to zoom in on distant objects with crystal-clear detail — up to 10 times closer. Whether it’s a mountaintop or a distant stadium seat, the detail remains sharp and focused.
    • 42mm Objective Lens Diameter
      The large 42mm lens collects more light for brighter images, especially in low-light settings like early morning or dusk. It enhances your visual experience when birdwatching or stargazing.
    • Field of View
      Starscope offers a wide field of view, making it easier to scan landscapes or follow moving targets without frequent repositioning.

    Advanced Lens & Prism Technology

    • BAK-4 Prism
      Built with professional-grade BAK-4 (Barium Crown Glass) prisms, which provide greater light transmission and edge-to-edge sharpness — reducing distortion and glare.
    • Multi-Coated Lens
      Each lens surface is coated to enhance image brightness, reduce reflections, and improve contrast. This ensures a vibrant, high-resolution image even in bright sunlight.

    Discover the Best Monocular of 2025 – The Starscope Telescope Is All You Need Outdoors

    Rugged, Outdoor-Ready Construction

    • Weatherproof Design
      Starscope is sealed to resist water, fog, and dust — perfect for hiking, camping, or kayaking. You don’t have to worry about a sudden downpour or misty mornings.
    • Shock-Resistant Casing
      The exterior shell is made from a durable polymer composite that absorbs impact, making the device drop-resistant and travel-friendly.
    • Slip-Resistant Grip
      Ergonomic texture provides a firm hold, even in wet conditions or while wearing gloves.

    Smartphone Compatibility

    • Universal Phone Adapter
      Easily attaches to most smartphones to transform the Starscope into a powerful telephoto lens. Capture distant landscapes, record HD video, or take zoomed-in wildlife shots without blur.
    • Tripod Mount Ready
      A standard mount allows you to attach it to a tripod for long sessions or time-lapse recordings.

    How Does the Starscope Telescope Work?

    Starscope uses high-powered optics to deliver a detailed image of faraway scenes. It works by channeling light through precision-engineered lenses and a BAK-4 prism system, which enhances brightness, sharpness, and contrast.

    When light enters the objective lens, it travels through a series of internal glass prisms and coatings that reduce glare and distortion. The result is a magnified, high-definition view that looks vibrant and realistic, even at long distances.

    The monocular’s alignment with your smartphone camera adds further functionality — turning your phone into a zoom lens for pictures and video.

    Over 100,000 Sold – Is Starscope the Best Monocular in 2025? See Real Results

    How To Use Starscope Monocular?

    To use the Starscope Monocular effectively, follow these steps:

    1. Remove Lens Caps: Take off both the front and rear lens caps to prepare the monocular for use. 
    2. Adjust the Eyecup: If you wear glasses, twist the eyecup down; if not, keep it extended for optimal viewing comfort. 
    3. Hold the Monocular Properly: Grip the monocular with one hand, placing your index finger on the focus adjustment dial and your pinky near the front for stability.
    4. Focus the Image: Look through the eyepiece and rotate the focus dial with your index finger until the image becomes sharp and clear.
    5. Attach to a Tripod (Optional): For extended viewing sessions or increased stability, mount the monocular onto a tripod using the built-in 1/4″ thread. 
    6. Connect to a Smartphone (Optional): Use a compatible smartphone adapter to align your phone’s camera with the monocular’s eyepiece, allowing you to capture distant images or videos.
    7. Maintenance Tips:
      • Cleaning: Use a soft lens brush or blower to remove dust. For smudges, gently wipe with a microfiber cloth in a circular motion. 
      • Storage: Store the monocular in a cool, dry place and avoid exposing it to extreme temperatures or moisture.

    Safety Precaution: Never look directly at the sun through the monocular, as this can cause serious eye damage. 

    By following these steps, you can maximize your experience with the Starscope Monocular, whether you’re observing wildlife, enjoying scenic views, or stargazing.

    Zoom In Like Never Before – Grab the Starscope Monocular at 50% Off Today Only!

    Starscope Monocular Benefits: Why People Are Choosing It Over Binoculars

    • Ultra Lightweight: Fits in your pocket or backpack without bulk.
    • One-Hand Operation: Perfect for trekking or scouting terrain.
    • Crisp Image Quality: See vivid details from hundreds of yards away.
    • Photo & Video Ready: Use with your phone to capture distant sights.
    • Durability: Survives drops, splashes, and harsh weather.
    • Low-Light Visibility: Great for sunrise or twilight exploration.

    How to Use the Starscope Monocular for Hiking, Hunting, Stargazing & Travel

    1. Hold with one hand and align the eyepiece with your dominant eye.
    2. Twist the focus ring slowly until the image is sharp.
    3. Attach your smartphone using the provided adapter.
    4. Use your phone’s camera to zoom further, take pictures, or record.
    5. Optionally mount it to a tripod for steady viewing.

    Starscope Price & Where to Buy the Starscope Monocular

    Starscope is available exclusively through the official website. Avoid third-party platforms like Amazon or eBay, which may sell unauthorized or fake versions.

    • 1x Monocular: $47.99 (was $106.64)
    • 2x Monoculars: $95.99 (was $213.29)
    • 3x Monoculars: $107.99 (was $319.93)
    • 4x Monoculars: $143.99 (was $426.58)

    All packages may include bonus accessories like tripods or smartphone adapters. Discounts reflect 50%–62% savings.

    Shipping, Delivery Time & Refund Policy

    • Shipping: Worldwide delivery available.
    • Delivery Time: 5–12 business days depending on region.
    • Refund Policy: 30-day money-back guarantee. Unused items may be returned for a full refund (minus shipping & handling).

    Disclaimer: Prices & return policy are subject to change. Always check the official website for the most accurate and up-to-date pricing before purchasing.

    Real Customer Experiences from the USA, UK, Canada & Australia

    Sarah – Denver, USA: “Used the Starscope on a solo hiking trip in Colorado. I spotted wildlife from a mile away. The view was sharp and steady even without a tripod.”

    James – Perth, Australia: “Took mine on a camping trip. Loved the phone attachment. Captured amazing photos of distant cliffs and birds.”

    Michael – Toronto, Canada: “It’s so much easier to carry than my old binoculars. Feels solid and works even in light rain. Definitely my go-to for birding.”

    Lucy – Manchester, UK: “Perfect for stargazing in rural England. I could clearly see lunar craters and Jupiter’s moons — very impressed.”

    Explore Farther with the Starscope Telescope – Perfect for Stargazing, Hiking & Travel

    Starscope FAQs – Common Questions Answered

    Q: Can I buy Starscope on Amazon or Walmart?
    A: No. Starscope is exclusively sold through its official website. Any listings on Amazon, Walmart, or eBay may be counterfeit or unauthorized, and they do not qualify for the official warranty or refund policy.

    Q: Does it work at night?
    A: It does well in low-light but not total darkness. Great for dawn/dusk.

    Q: Is it suitable for people who wear glasses?
    A: Yes. It has adjustable eye relief.

    Q: What’s the warranty?
    A: 30-day satisfaction guarantee, with optional extended warranty at checkout.

    Q: Is Starscope compatible with all smartphones?

    A: Yes — most smartphones can be used with Starscope via the universal phone adapter included in bundle deals. Some manual adjustment may be required depending on your phone’s camera position.

    Q: Can I use it for stargazing?

    A: Absolutely. While not a full telescope, it provides a crisp view of the moon, planets, and stars, making it suitable for amateur astronomy.

    Q: Is it waterproof?

    A: Yes. Starscope is water-resistant, fog-proof, and shockproof, making it reliable in rugged outdoor environments. However, it should not be fully submerged in water.
    Turn Your Phone into a Pro Camera with the Starscope Monocular – Limited Stock Left!

    Environmental Impact: Is the Starscope Monocular Eco-Friendly?

    In an era where sustainability is paramount, evaluating the environmental impact of products like the Starscope Monocular is essential.

    ♻️ Materials and Manufacturing

    The Starscope Monocular is constructed using durable materials, including a BAK4 prism and multi-coated lenses, ensuring longevity and reducing the need for frequent replacements. Its robust design contributes to a longer product lifespan, which can mitigate environmental impact over time.

    Sustainable Practices

    While specific details about the manufacturing processes and sourcing of materials for the Starscope Monocular are limited, the product’s durability suggests a focus on quality. However, without explicit information on eco-friendly practices or certifications, it’s challenging to fully assess its environmental friendliness.

    Energy Efficiency

    The monocular operates without batteries or electricity, relying solely on optical components. This energy-free operation minimizes its carbon footprint during use, aligning with sustainable practices.

    Packaging and Distribution

    Information regarding the packaging materials and distribution methods is not readily available. Eco-conscious consumers may wish to inquire directly with the manufacturer for details on packaging sustainability and shipping practices.
    Get the Best Monocular for Outdoor Adventures – Order Your Starscope Before It’s Gone
    Common Starscope Problems & How to Fix Them
    Even high-quality devices like the Starscope Monocular can encounter minor issues. Here are some common problems users have reported — and how to resolve them quickly:

    Problem: Blurry or Out-of-Focus Image

    Fix:

    • Rotate the focus ring slowly while looking through the eyepiece.
    • Make sure the lens is clean and free of fingerprints or smudges.
    • If using with a smartphone, ensure the adapter is properly aligned.

    Problem: Smartphone Adapter Doesn’t Fit Properly

    Fix:

    • Loosen and adjust the clamp arms carefully — most adapters are universal but may require repositioning for multi-lens phones.
    • Try removing your phone case to improve alignment.

    Problem: Double Vision or Image Distortion

    Fix:

    • Clean both lenses with a microfiber cloth.
    • Make sure the monocular isn’t fogged up (especially when moving between temperature zones).
    • Check if the internal lens is misaligned due to a drop — in rare cases, customer support may need to assist.

    Problem: View Is Too Dark or Dim

    Fix:

    • Ensure you are not using it in complete darkness — Starscope is optimized for daylight and low-light, but not for nighttime use.
    • Wipe off any moisture or condensation from the lens.

    Problem: Can’t See Anything Through the Eyepiece

    Fix:

    • Remove all lens caps.
    • Adjust your eye position — the exit pupil must align with your eye.
    • Twist the eyecup if you’re wearing glasses.

    Problem: Scratched or Smudged Lens

    Fix:

    • Use only soft, non-abrasive cloths (preferably microfiber).
    • Avoid using paper towels, shirts, or abrasive materials that could damage the lens coating.

    When to Contact Support

    If none of the above solutions help, or if your monocular is damaged during shipping, contact Starscope’s official support through their website for warranty service or a replacement.
    The #1 Trending Starscope Telescope Is Back – See Why Outdoor Enthusiasts Swear by It

    Starscope for Amateur Astronomy: Can It Replace a Telescope?

    While Starscope isn’t a professional-grade telescope, it’s surprisingly capable for casual astronomy. With 10x magnification and a 42mm lens, users can observe:

    • The moon’s surface with visible craters
    • Bright planets like Jupiter or Saturn (as small dots)
    • Star clusters and constellations

    It’s an excellent tool for beginners who want to explore the night sky without investing in bulky gear. For best results, use Starscope in low-light rural settings away from city pollution.Starscope Monocular for Birdwatching: A Birder’s Perspective
    Birdwatchers praise Starscope for its:

    • Silent operation (no clicking or zoom noise)
    • Sharp detail from long distances
    • Ability to quickly scan trees or open fields

    Whether you’re spotting hummingbirds in your backyard or waterfowl across a lake, the wide field of view and smartphone camera compatibility make bird identification much easier.

    Pros and Cons of Starscope Monocular

    Pros

    • High-Quality Optics
      Equipped with BAK-4 prism and multi-coated lenses for sharp, bright images.
    • 10x Magnification
      Ideal for long-distance viewing — from wildlife to stargazing.
    • Lightweight & Portable
      Weighs less than 300g and fits in your pocket or backpack.
    • Smartphone Compatible
      Easily attaches to most phones for HD photo and video capture.
    • Durable & Weather-Resistant
      Water-resistant, fog-proof, and shockproof — built for outdoor use.
    • Easy One-Hand Operation
      Ergonomic grip and simple focus adjustment make it user-friendly.
    • Affordable Compared to Binoculars or Telescopes
      Offers telescope-like performance without the high cost.
    • Tripod-Compatible
      Great for steady shots or long observation sessions.

    Cons

    • Not for Complete Darkness
      Performs well in low light but isn’t night-vision capable.
    • No Digital Zoom or Auto-Focus
      Manual focus only; relies on user adjustment.
    • Limited Availability
      Only sold via the official website — not available on Amazon or retail stores.
    • Best for Casual Use
      May not satisfy professional wildlife photographers or astronomers.
    • Phone Adapter Fit May Vary
      Some users may need to adjust alignment for specific phone models.

    Upgrade Your View – The Starscope Monocular Delivers Zoom Like Nothing Else

    How Starscope Enhances Smartphone Photography

    Transform your phone into a pro-level camera by attaching Starscope. It works like a telephoto zoom lens, ideal for:

    • Wildlife photography at long distances
    • Capturing landscapes or cliffs
    • Recording sports or outdoor events

    Tips:

    • Use a tripod for steady shots
    • Clean the lens before attaching
    • Zoom only slightly with your phone to reduce pixelation

    Maintenance Tips: How to Care for Your Starscope Monocular

    To ensure your Starscope lasts for years:

    • Clean lenses gently using microfiber cloths only
    • Avoid touching the glass with fingers
    • Store in a dry case to prevent moisture buildup
    • Use lens caps when not in use
    • Don’t submerge it, even though it’s water-resistant

    Starscope Safety and Usage Guidelines

    • Never look at the sun through the monocular.
    • Use caution when using near children (small parts, strap).
    • Avoid dropping it — though durable, internal alignment may shift.
    • Adjust the eyecup if you wear glasses.

    Over 100,000 Sold – Is Starscope the Best Monocular in 2025? See Real Reviews

    Starscope Gift Ideas: Who It’s Perfect For in 2025

    Looking for a thoughtful gift? Starscope is ideal for:

    • Outdoor lovers (hikers, campers)
    • Retirees or dads who enjoy nature
    • Kids interested in science or astronomy
    • Travelers and explorers

    With its sleek design and practical value, it makes a great gift for birthdays, holidays, or Father’s Day.
    Starscope for Travel Photography: A Backpacker’s Tool
    For photographers on the move, bulky lenses and gear are a hassle. That’s where the Starscope Monocular becomes a game-changer. Its compact build and powerful optics make it an ideal companion for travel photography, particularly in rugged or remote areas.
    Whether you’re hiking in Patagonia, road-tripping across the U.S., or exploring historical ruins abroad, Starscope helps you:

    • Zoom in on distant scenes with clarity
    • Snap close-ups of wildlife or architectural details
    • Use your smartphone to record landscapes that feel larger than life

    Its lightweight frame fits easily in a backpack side pocket, and unlike DSLR zoom lenses, there’s no need to worry about lens swapping, battery life, or electronic failure.
    Lightweight. Powerful. Unmatched. Get the Starscope Monocular and Explore More Today!
    Starscope for Sports & Events: Get Closer to the Action
    Want front-row views from the cheap seats? Starscope lets you see the game, match, or concert like you’re sitting VIP.
    The monocular is perfect for:

    • Live sports: football, baseball, racing, etc.
    • Outdoor concerts or festivals
    • Parades and fireworks

    With 10x zoom and smartphone connectivity, users can record their experience with surprisingly clear footage. Many reviewers praise its ability to zoom in on player movements, stage performances, or racing cars without blur or distortion.
    No more pixelated phone zooms or asking someone else for binoculars — Starscope brings the action to you in real time, wherever you’re seated.

    Who Should Buy the Starscope Monocular? Final Verdict

    If you’re someone who loves the outdoors, wants to explore farther without carrying bulky gear, and values crisp visuals from afar — Starscope is a smart buy in 2025. Its powerful zoom, rugged build, and mobile compatibility make it a practical investment.

    Highly recommended for:

    • Hikers
    • Travelers
    • Stargazers
    • Birdwatchers
    • Outdoor sports fans

    Media Contact:
    Company nameStarscope
    7864 Ronson Roa, Ste A San Diego 92111
    https://www.monostarscope.com/

    E-mail: support@monostarscope.com

    Disclaimer: The statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease. Individual results may vary. Always consult a healthcare professional before taking any dietary supplements.
    Disclosure: This article is for informational purposes only and does not constitute medical advice. The content may include affiliate links, meaning we may earn a commission if you purchase through recommended links. Always consult a healthcare professional before starting any new supplement regimen.

    Content Accuracy Disclaimer
    Every effort has been made to ensure the accuracy of the information presented in this article. However, due to the dynamic nature of product formulations, promotions, and availability, details may change without notice. The publisher makes no warranties or representations as to the current completeness or accuracy of any content, including product claims, pricing, or ingredient lists.
    It is the responsibility of the reader to verify product information directly through the official website or manufacturer prior to making a purchasing decision. Any reliance placed on the information in this article is done strictly at your own risk.

    Affiliate Disclosure
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    The MIL Network

  • MIL-OSI Russia: Australia has called US plans to double steel and aluminium tariffs an ‘unjustifiable’ act of ‘self-harm’

    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

    CANBERRA, May 31 (Xinhua) — Australian Trade and Tourism Minister Don Farrell on Saturday called U.S. President Donald Trump’s plan to double tariffs on steel and aluminum an “unreasonable” act of economic “self-harm.”

    On Friday, D. Trump announced that he plans to raise the tariff rate on steel and aluminum imports to the United States from 25 percent to 50 percent starting June 4 to protect American industry from foreign competition.

    Commenting on the statement, D. Farrell stressed that Australia’s position remains “consistent and clear” and the federal government will continue to advocate strongly for the removal of the relevant tariffs.

    “These tariffs are unjustified and not an act of friendship,” the Australian minister said in a statement. “They are an act of economic self-harm that will only hurt consumers and businesses that rely on free and fair trade,” he added.

    Australian Prime Minister Anthony Albanese, whose Labor Party won a second straight general election on May 3 by a landslide, in turn described Trump’s “Liberation Day” tariffs in April as “an unfriendly act.”

    The US administration decided in March not to exempt Australia from steel and aluminium tariffs. At the time, Mr Albanese also said that the decision was contrary to the “strong friendship” between the two countries. –0–

    MIL OSI Russia News

  • MIL-OSI USA: Readout of Secretary of Defense Pete Hegseth’s Meeting With Vietnam’s Minister of National Defence General Phan Van Giang

    Source: United States Department of Defense

    Defense Secretary Pete Hegseth met with Vietnam’s Minister of National Defence General Phan Van Giang to discuss opportunities to deepen defense cooperation, including on defense trade and information sharing, and reaffirm that war legacy issues are a top priority.

    MIL OSI USA News

  • MIL-OSI: Double Deposit Bonus, $50 Welcome Bonus & No-KYC 100x Leverage Trading Now Available on BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 31, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and subsequently stabilized above $100,000, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP,and 50+ others futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

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    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (Deposit greater than 0.001BTC or 100 USDT, complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com 

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

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    Photos accompanying this announcement are available at
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    The MIL Network

  • MIL-OSI Asia-Pac: ICH month starts

    Source: Hong Kong Information Services

    In support of the annual Cultural & Natural Heritage Day on the second Saturday of June designated by the country, the Leisure & Cultural Services Department’s Intangible Cultural Heritage Office (ICHO) will launch the first Hong Kong Intangible Cultural Heritage (ICH) Month in June.

    Addressing the opening ceremony for Hong Kong ICH Month 2025 at the Cultural Centre today, Deputy Chief Secretary Cheuk Wing-hing said that starting this year, the Government will designate June as Hong Kong ICH Month, thereby deepening the implementation of Cultural & Natural Heritage Day.

    Hong Kong ICH Month also aims to present a vibrant annual mega ICH event through a series of engaging programmes. With the theme “ICH Around Town”, the inaugural Hong Kong ICH Month will fully showcase that despite Hong Kong’s relatively small geographic size, ICH can be found everywhere.

    He said the programmes will give the public and tourists a greater insight into ICH, and enable their first-hand experience of the cultural richness of ICH, as well as the pleasure.

    Hong Kong ICH Month 2025’s programmes include 80 ICH performances, 60 interactive experiential booths and 20 ICH Highlight Tours, covering over 100 ICH items and bringing together over 50 ICH practitioners, including representative bearers of the national ICH.

    Moreover, the ICHO is launching the ICH Carnival at the Cultural Centre Piazza today and tomorrow, kicking off Hong Kong ICH Month 2025.

    The carnival offers diverse performances of Hong Kong ICH items, such as the lion dance and Engor parade, Cheung Chau floating colours and dragon dance parade, the Hakka unicorn dance in Hang Hau in Sai Kung, Cantonese opera excerpts, Nanyin, Yip Man Wing Chun, Tai Chi, Pixiu dance, and dragon boat dance.

    There are also more than 10 interactive experiential booths at which the public can participate in and learn the techniques of crafting flower boards and wooden furniture, as well as making Chinese brushes and clay sculptures and more. ICH organisations and practitioners will also provide demonstrations on-site. Admission is free.

    Click here for details of the carnival.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: RBI: Stability, Trust, Growth –

    Source: Reserve Bank of India

    A strong and resilient financial system is the bedrock on which the edifice of economic prosperity of a nation is built. Reserve Bank of India is the custodian of our financial system. It completed 90 years of its journey yesterday. The theme for our 90th year was ‘Stability, Trust and Growth’.

    It embodies all that RBI stands for. It is apt we introspect on the past and how we can better discharge our mandate of ensuring monetary and financial stability; enhancing trust in the financial system; and supporting economic growth and improving the well-being of our people.

    Price stability

    Stability refers to stability of prices. This is important as inflation erodes the value of money. It hurts people; it hurts the poor even more. However, not all inflation is bad. Experts believe that a moderate level of inflation is healthy for economic growth. If inflation is too low, the economy faces stagnation risks. If it is too high, prices become unpredictable, making it difficult for consumers and businesses to plan and invest. We have chosen a target of 4% with a band of 2% for CPI inflation.

    CPI inflation has mostly stayed aligned with the target. The flexible inflation targeting is due for review. We will collaborate with govt to not only improve the framework but also to obtain, through appropriate monetary and fiscal policies, ‘Goldilocks conditions’ for inflation and growth.

    Financial stability

    Stability also refers to financial stability, which complements price stability in meeting growth and other developmental objectives. We have had a stable financial system – a system that has smoothly supported real sector economic activities even during periods of stress. Financial institutions have performed well. Banks and NBFCs are stronger and well capitalised to carry out financial intermediation effectively.

    External stability

    Stability includes stable foreign exchange rates, important for not only importers, exporters and investors but also the general public. India’s forex market has the required depth and liquidity to weather pressures, such as those seen in the last few months.

    Healthy levels of forex reserves and a manageable current account balance are also reassuring. Reserve Bank shall continue to be supportive, to manage excessive volatility without targeting any particular level or band of exchange rate.

    Trust

    Trust is important for multiple reasons to a central bank. Currency will serve its purpose only if the public trusts it to be safe to use. The public relies on trust when they deposit their hard-earned money in banks. Monetary policy requires trust to keep inflation expectations anchored. Trust is important for financial stability. It is integral to the integrity of financial markets and payments and settlement systems. We’ll continue to strengthen the trust the public has reposed in us. Ensuring quality customer service and experience is vital to retaining people’s trust. We’ll partner with financial institutions to improve services and reduce grievances.

    Independence of a central bank is important to generate trust. However, independence demands transparency. Independence doesn’t preclude consultation, whether with the general public, regulated entities, other financial regulators or govt. In fact, it becomes even more imperative. Independence also requires higher accountability. We have been deeply conscious of this and will endeavour to further improve transparency, enhance consultation, coordination and collaboration and raise accountability through various measures.

    Growth

    PM has envisioned a Viksit Bharat by 2047. This entails inclusive and accelerated economic growth. Policymaking has to be both pragmatic and visionary for India’s growth to leapfrog. RBI has a track record of introducing innovative policy measures while ensuring stability. Its response to the pandemic is a case in point.

    We’ll continue to be proactive, agile and flexible in our attempt to support economic growth. While we have come a long way in improving financial inclusion, we’ll work with financial institutions to expand access, especially to the bottom of the pyramid. We’ll encourage banks and NBFCs to leverage data and advanced tech to enhance their capacity for lending. This has the potential to accelerate supply of credit in the economy, without compromising on financial stability, to drive investment and economic growth.

    Moreover, as we grow and further integrate into the global economy in our journey of becoming a developed economy, our payment systems and currency have to be widely recognized worldwide. We’ve already taken some steps in this regard. We’ll continue to take initiatives to internationalise the rupee and globalise India’s payment systems.

    Tech

    Rapid advances in tech have facilitated RBI to fulfil its mandate of stability, trust and growth. Digitalisation of various banking services, UPI, and Account Aggregator are a few examples in this regard. It is imperative we harness tech and support innovation to further deepen and widen financial inclusion; improve monetary policy, banking, and currency management including central bank digital currency; universalise payment systems; expand credit including through Unified Lending Interface; and enhance customer experience.

    On this occasion, I would like to reassure all that we’ll continue to maintain the highest standards of professionalism and uphold the values of public service – integrity, impartiality, industriousness, objectivity, accountability, decisiveness, and transparency. We shall continue to foster a safe, secure and stable financial system to meet the aspirations of our country and its citizens. The aspirational goals Reserve Bank has set for itself to become a leading central bank are undeniably demanding, yet rewarding and inevitable.

    As Mahatma Gandhi had said, “The future depends on what we do in the present.” RBI rededicates itself in the service of the nation.

    (Published as a column in Times of India, on April 01, 2025)

    MIL OSI Economics

  • MIL-OSI Economics: Shared Vision, Shared Responsibility – Strengthening NBFCs – Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India – March 28, 2025 – at the Conference of Non-Banking Financial Companies held at Chennai

    Source: Reserve Bank of India

    CA Shri Charanjot Singh Nanda, President, Institute of Chartered Accountants of India; Chairpersons of the Audit Committee of the Boards, MDs & CEOs of NBFCs, and Statutory Auditors of NBFCs, Executive Directors from RBI and my colleagues from the Reserve Bank of India, Ladies and Gentlemen. A very good morning to all of you.

    1. It is an honour to address this esteemed gathering representing the key pillars of the NBFC ecosystem —CEOs entrusted with driving business responsibly, Chairpersons of Audit Committees overseeing assurance, Statutory Auditors who ensure transparency and integrity, along with regulators and supervisors committed to maintaining financial stability and fostering a sound regulatory environment. The theme of our engagement today — “Shared Vision, Shared Responsibility – Strengthening the NBFCs” — could not be more timely or relevant.

    2. The evolution of the NBFC sector is indeed a story of entrepreneurial energy, innovation and social impact. However, as the sector grows in scale and systemic importance, so too must our efforts to reinforce its foundations. A resilient, customer-centric, and well-governed NBFC sector is a shared aspiration — and delivering on it our shared responsibility.

    3. NBFCs have emerged as powerful engines of credit. By complementing the traditional banking system, they have significantly expanded access to credit, particularly for segments that have historically been underserved or excluded. Through innovative credit delivery models that harness technology and local insights, NBFCs have been able to design customised financial products tailored to diverse borrower needs. Their agility and close connect with customers have enabled them to play a role that is not only complementary to the role traditionally played by banks but, in many instances, catalytic in building a financial ecosystem characterised by deeper intermediation and wider opportunity.

    4. The importance of NBFCs has only grown with time. In fact, over the past decade, their growth has consistently outpaced that of banks — a trend that has become even more pronounced in the last few years. This rapid growth is a testament to the sector’s relevance and resilience — but it also raises the stakes. As NBFCs become more systemically important, the standards of governance, risk management, and customer treatment must rise accordingly.

    Understanding the Risks- Need for Responsible Innovation

    5. The business model of NBFCs — while effective — comes with its own set of structural risks. Their funding is short-term as compared to the maturity of their lending or is directed towards higher-risk customer segments.

    6. This maturity and credit transformation is at the heart of the NBFC model — but it also demands a heightened focus on risk management. If not carefully managed, it can create vulnerabilities, especially during periods of market stress or liquidity shocks.

    7. Risk-taking must be intelligent and well planned, and never beyond the risk absorption capacity of the entity concerned. Liquidity and credit risks must be rigorously assessed and managed. Asset-liability mismatches, nature and tenor of the funding sources, and concentration risks all need board-level oversight which should be ably supported by robust internal controls.

    Growth with Fairness: Customer-Centricity is Non-Negotiable

    8. Most importantly, even as we pursue scale, speed, and profits, we must not lose sight of fairness to the customer — that is the cornerstone of a sustainable business model. The NBFC sector must live up to its promise of inclusion by treating customers with dignity, transparency, and care. This entails ensuring transparent and easy-to-understand pricing, free from hidden charges or usurious interest rates. In instances of default, recovery practices must be conducted in an empathetic and respectful manner.

    9. Unfortunately, some NBFCs think they can pursue a business model where it is par for the course to resort to weak underwriting in pursuit of quick growth, coupled with excessive and unsustainable interest rates — at times masked as upfront charges or processing fees — which is followed by aggressive recovery practices upon default. Let me state unequivocally: this is not an acceptable model. Financial inclusion cannot be used as a pretext for financial exploitation. I urge each one of you to commit your institutions to upholding fairness in all your dealings.

    10. This responsibility for fair conduct is shared commitment by the CEO, the Board, and assurance functions in any entity. A customer-centric culture must be driven from the top and embedded at all levels.

    11. How do we ensure that our shared vision is realised, and our collective responsibilities are fulfilled? One of the most effective ways is by strengthening both internal and external assurance mechanisms.

    Strengthening Oversight: the Role of Audit Committee

    12. Let me begin with the Audit Committee of the Board (ACB). Far from being a routine compliance requirement, the ACB is the lynchpin of institutional oversight and long-term financial health. It plays a critical role in reinforcing governance, guiding management on assurance, and ensuring the integrity of internal control systems. When functioning effectively, it becomes a proactive forum for identifying vulnerabilities and initiating timely corrective actions.

    13. The role of the Audit Committee Chairperson is particularly significant in setting the tone for effective governance. It is essential that committee meetings are held regularly, conducted with clear purpose, and thoroughly documented to ensure accountability and follow-through.

    14. The effectiveness of the Committee is in the substance of its deliberations. The ACB must actively monitor the adequacy and functioning of internal control systems — not merely to confirm their presence, but to ensure they are operating effectively in practice. Similarly, audit observations should not remain confined to meeting minutes; they must translate into timely and meaningful corrective actions. A strong ACB also tracks audit findings and ensures that corrective measures are implemented without delay.

    15. Equally important is the establishment of an effective whistleblower mechanism overseen by the Board or the ACB which empowers employees and grants them anonymity, to report unethical or non-compliant behaviour, without fear of reprisal.

    16. CEOs too have a crucial role in upholding the integrity of financial reporting. They must actively deter any attempts—whether deliberate or cleverly disguised—to misapply accounting standards or regulatory provisions. It is equally important to foster an environment where the Chief Financial Officer and Head of Internal Audit feel empowered to engage in open, honest, and transparent dialogue with the Audit Committee of the Board.

    The Crucial Role of Statutory Auditors

    17. Now let me come to the role of Statutory Auditors, who are an indispensable part of the assurance ecosystem. In fact, the role of auditors has never been more critical — not merely in checking compliance, but in upholding trust. And trust, once lost, is hard to rebuild.

    18. Auditors are expected to provide an independent, professional opinion on whether the financial statements present a true and fair view of the NBFC’s financial position and comply with regulatory and accounting standards. However, in today’s complex and dynamic environment, this is no longer enough.

    19. Recent incidents — both in India and abroad — have shown that traditional financial audits must evolve. Auditors must bring technical expertise, forensic insight, and an ethical lens to their work. Red flags must not be ignored. Complex structures, derivatives, off-balance sheet items, related party transactions, and provisioning policies must be closely examined.

    Facilitative Role of Regulators and Supervisors

    20. As regulators and supervisors, we shoulder a dual responsibility — to safeguard stability and discipline, while also fostering an environment that encourages innovation, inclusion, and sustainable growth. Contrary to perception in certain quarters, our approach actively seeks to strike the right balance. At the Reserve Bank of India, we are acutely aware that regulation is not merely about control; it is about enabling responsible financial intermediation within a well-defined and transparent framework. Several initiatives in recent years reflect this facilitative and proportionate approach to regulation. In my previous role as a commercial banker, I had the fortuitous opportunity to be closely associated with one such initiative -the Regulations Review Authority 2.0 – which reinforced the RBI’s strong commitment to easing the regulatory burden and streamlining compliance without compromising regulatory objectives.

    21. The regulatory framework for NBFCs has evolved in the recent years with this understanding — gradually moving toward greater harmonisation with banks where warranted, while still preserving operational flexibility suited to the unique role NBFCs play in the financial system. The introduction of the scale-based regulatory framework explicitly recognises that the intensity of regulation and supervision must be proportionate to systemic importance. At the same time, the regulatory architecture encourages the development of responsible innovation and healthy competition in the sector.

    22. Similarly, the role of the supervisor has also become more interactive and forward-looking. It is not just about identifying compliance breaches after the fact, but about engaging with entities to strengthen internal systems, enhance governance, and build resilience against emerging risks. Through onsite inspections, offsite surveillance, thematic reviews, and structured engagements, the supervisory process aims to be a partner in the financial sector’s long-term soundness — not an impediment to its progress.

    Conclusion

    23. Our shared vision is clear: a dynamic, inclusive, and trusted NBFC sector that complements the banking system and serves the evolving needs of the Indian economy. And the way to achieve it is through shared responsibility — in governance, in customer protection, in financial prudence, and in ethical conduct.

    24. We in the regulatory community stand committed to supporting this journey. Our intent is not to stifle innovation but to ensure that growth is sustainable, risks are well-managed, and customer trust is never compromised. On behalf of the RBI, I can assure you that as regulators and supervisors we will remain committed to playing our part, not just as watchdogs, but as enablers of a robust, inclusive, and future-ready financial ecosystem.

    25. This conference gives us an opportunity to reflect on how we can contribute to this shared agenda. Whether making strategic decisions, chairing audit committees, or signing off on financials, drafting regulations or conducting supervision — we are shaping the sector’s future.

    26. Therefore, let us work together — with clarity of purpose and unity of action — to build a stronger, fairer, and more resilient NBFC ecosystem. Wealth creation should not just be for personal or institutional gain but to support the community, reflecting a sense of shared responsibility amongst all of us, in our pursuit to achieve an inclusive growth for all and realise the vision of Viksit Bharat 2047.

    27. With this I wish you all fruitful and enriching deliberations over the course of this conference and look forward to the ideas and insights that will emerge in pursuit of our shared vision. Thank you for this opportunity and wish you all good luck, Jai Hind!

    MIL OSI Economics

  • MIL-OSI Asia-Pac: CE meets new Liaison Office Director

    Source: Hong Kong Information Services

    Chief Executive John Lee met new Director of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region (LOCPG) and National Security Adviser to the Committee for Safeguarding National Security of the Hong Kong Special Administrative Region Zhou Ji at Government House today.

    They exchanged views on a range of issues, including Hong Kong’s opportunities and challenges, and promoting the city’s long-term prosperity and stability.

    Mr Lee expressed his gratitude to the central government for its continued support to and care for Hong Kong, driving and supporting its transition from stability to prosperity. He also extended his warm welcome to Mr Zhou on his new appointment.

    Mr Zhou has had extensive experience in local governance and policy-making from a macroscopic perspective, having previously held such positions as CPC Hubei Standing Committee Member, CPC Henan Standing Committee Member and CPC Henan Provincial Committee Deputy Secretary, and Henan Party Leadership Group Deputy Secretary and Henan Vice Governor.

    Since taking office in July 2023 as CPC Central Committee Hong Kong & Macao Work Office Executive Deputy Director and State Council Hong Kong & Macao Affairs Office Executive Deputy Director, Mr Zhou has been participating in taking forward Hong Kong’s work under national development strategies.

    He is well acquainted with the national policies on Hong Kong and actively promoted the implementation of the central government’s policies benefitting the city.

    Mr Lee expressed confidence in working with Mr Zhou in actively aligning with national development strategies, as well as in implementing fully, faithfully and resolutely the principles of “one country, two systems” and “Hong Kong people administering Hong Kong” with a high degree of autonomy, maintaining the constitutional order of the Hong Kong SAR as stipulated in the Constitution and the Basic Law, implementing the executive-led structure and implementing the principle of “patriots administering Hong Kong”, with a view to ensuring the long-term prosperity and stability of Hong Kong, the steadfast and successful implementation of the “one country, two systems” principle, and jointly expediting the development of Hong Kong from stability to prosperity.

    During the session, Mr Lee said that Hong Kong is currently undergoing an economic transformation, and that the Hong Kong SAR Government will uphold fundamental principles while breaking new ground, endeavour to take forward reforms, and continue to lead all sectors of Hong Kong society to embrace changes and strive for innovation, actively exploring new areas of development and growth.

    The Chief Executive said he believes that under the leadership of Mr Zhou, the LOCPG will continue to support the Hong Kong SAR Government’s governance in accordance with the law.

    Noting that Mr Zhou is well acquainted with Hong Kong affairs, Mr Lee said that this will help Hong Kong better contribute to and benefit from its integration into national development, the Guangdong-Hong Kong-Macao Greater Bay Area development and the Belt & Road Initiative.

    The session was conducted in a cordial and productive atmosphere, with both officials sharing the common goal of expediting Hong Kong’s rise from stability to prosperity.

    MIL OSI Asia Pacific News

  • Trump administration orders enhanced vetting of all Harvard University-linked visa applicants

    Source: Government of India

    Source: Government of India (4)

    The U.S. State Department ordered all its consular missions overseas to begin additional vetting of visa applicants looking to travel to Harvard University for any purpose, according to an internal cable seen by Reuters on Friday, in move that significantly expands President Donald Trump’s crackdown against the academic institution.

    In a cable dated May 30 and sent to all U.S. diplomatic and consular posts, U.S. Secretary of State Marco Rubio instructed the immediate start of “additional vetting of any non-immigrant visa applicant seeking to travel to Harvard University for any purpose.”

    Such applicants include but are not limited to prospective students, students, faculty, employees, contractors, guest speakers, and tourists, the cable said. The word “any” in the cable text is written in bold format and underlined.

    Harvard University failed to maintain “a campus environment free from violence and anti-Semitism”, the cable said, and that the enhanced vetting measures were aimed at helping consular officers identify visa applicants “with histories of anti-Semitic harassment and violence.”

    While the U.S. has previously required additional vetting of visa applicants from particular countries, applying such procedures against Harvard appears to be an unprecedented use of the visa process against a university that has fallen out of favor with the administration.

    The additional measures for Harvard-linked applicants were first reported by Fox News, but the cable itself has not been previously reported.

    The State Department does not comment on its internal documents or communications, a department spokesperson said in an email when asked about the cable.

    The Trump administration has launched a multifront attack on the nation’s oldest and wealthiest university, freezing billions of dollars in grants and other funding, proposing to end its tax-exempt status and opening an investigation into whether it discriminated against white, Asian, male or straight employees or job applicants.

    Trump alleges top U.S. universities are cradles of anti-American movements. In a dramatic escalation, his administration last week revoked Harvard‘s ability to enroll foreign students, a move later blocked by a federal judge.

    Harvard argues the Trump administration is retaliating against it for refusing to accede to its demands to control the school’s governance, curriculum and the ideology of its faculty and students.

    PRIVATE SOCIAL MEDIA ACCOUNTS

    The move is also part of the Trump administration’s intensifying immigration crackdown and follows Rubio’s order to stop scheduling new appointments for student and exchange visitor visa applicants.

    The top U.S. diplomat also said earlier this week that Washington will start revoking the visas of Chinese students with links to the Chinese Communist Party and those who are studying in critical areas.

    Implementation of this order will also serve as a “pilot for expanded screening and vetting of visa applicants,” the cable adds, raising the possibility of the measures taken against Harvard and visa applicants being used as a template for other universities.

    The order also directs consular officers to consider questioning the credibility of the applicant if the individual’s social media accounts are private, as that may be reflective of “evasiveness,” and instructs them to ask applicants to set their accounts to public.

    The officers can remind the applicant that “limited access to or visibility of social media activity could be construed as an effort to evade or hide certain activity,” the cable said.

    The cable instructs the consular officers to consider any information about the applicant that does not raise to the level of inadmissibility to ensure that the applicant’s claimed purpose of travel is consistent with the visa they are seeking.

    “If you are not personally and completely satisfied that the applicant, during his time in the United States, will engage in activities consistent with his non-immigrant visa status, you should refuse the visa…,” the cable said.

    Such a recommendation would follow comments from Rubio in recent months saying he has personally revoked the visas of hundreds, perhaps thousands of people, including students, because they got involved in activities that go against U.S. foreign policy priorities.

    “If you’re coming here to create problems, you’re probably going to have a problem,” Rubio told reporters on April 7. “We’re not going to continue to be stupid enough to let people into our country who are coming here to tear things up.”

    (Reuters)

  • ISRO’s Gaganyatri to carry out microgravity research experiments during upcoming Axiom-4 mission

    Source: Government of India

    Source: Government of India (4)

    Indian Space Research Organisation’s (ISRO) Gaganyatri will carry out a series of shortlisted microgravity research experiments aboard the International Space Station (ISS) during the upcoming Axiom-4 (Ax-4) mission, according to an official statement from ISRO.

    The Axiom-4 mission, scheduled for launch on June 8, will be piloted by Gaganyatri Group Captain Shubhanshu Shukla, who is set to travel to the ISS. ISRO has selected seven microgravity experiments proposed by Indian Principal Investigators (PIs) from various national research and development laboratories and academic institutions for execution aboard the ISS as part of the Ax-4 mission.

    Microgravity research presents valuable opportunities for advancements in fields such as human health, physical and life sciences, material science, pharmaceutical development, and biotechnology. The selected studies include investigations into the impact of microgravity and ISS radiation on edible microalgae, the sprouting of salad seeds in space and its relevance to crew nutrition, the survival, revival, reproduction, and transcriptomic analysis of the eutardigrade Paramacrobiotus sp. BLR strain in space, and the effect of metabolic supplements on muscle regeneration under microgravity. Other experiments will examine human interaction with electronic displays in microgravity and the influence of microgravity on the growth and yield of food crop seeds.

    These experiments are designed to utilize existing research facilities on board the ISS. Given the safety-focused operational philosophy and other mission-related constraints of human spaceflight, the shortlisted experiments are currently undergoing rigorous evaluations and reviews on the ground prior to launch.

    According to ISRO, the experience gained from executing these experiments will help nurture a microgravity research ecosystem in India, enabling the inclusion of more advanced microgravity studies in future missions of the Indian Space Programme.

    The Ax-4 mission marks a historic milestone as it includes the first Indian astronaut to visit the International Space Station. Group Captain Shubhanshu Shukla will become the first ISRO astronaut to travel to the ISS and the second Indian to go to space after Rakesh Sharma, who flew aboard a Russian Soyuz spacecraft in 1984. IAF Group Captain Prasanth Balakrishnan Nair has been designated as the backup pilot for the Ax-4 mission in the event Shukla is unable to fly.

    Alongside Shukla, the Ax-4 crew will include two mission specialists: European Space Agency (ESA) project astronaut Slawosz Uznanski-Wisniewski of Poland and Tibor Kapu of Hungary. The mission will be commanded by Peggy Whitson, a former NASA astronaut and the current Director of Human Spaceflight at Axiom Space.

    ANI

  • Finalising policy for launching ₹2,500 Mahila scheme: Delhi CM

    Source: Government of India

    Source: Government of India (4)

    Delhi Chief Minister Rekha Gupta on Saturday said that the poll promise of a ₹2,500 monthly financial dole for poor women in the national capital would be launched soon. She also mocked the Congress government in Himachal Pradesh and the Aam Aadmi Party (AAP) government in Punjab for either failing to implement similar schemes despite promises or doing so without adequate funding.

    In a podcast-style interview with actor Anupam Kher to mark the Delhi government’s 100 days in office, Gupta said, “We have held six meetings to form the policy on the matter, and I have allocated ₹5,100 crore in the Budget for the Mahila Samridhi Yojana.”

    Gupta said her government does not want to falter like the Himachal Pradesh government, which enthusiastically announced a financial scheme but later ran out of funds to support it.

    She also criticised the previous Arvind Kejriwal-led Delhi government, which, just before the Lok Sabha elections, promised ₹1,000 per month to women in Delhi but failed to deliver.

    “The AAP government in Punjab has also failed to start the financial assistance scheme despite announcements,” she said.

    Admitting that women in Delhi have high expectations from the BJP government, Chief Minister Gupta assured that the Mahila Samridhi Yojana would be rolled out soon for eligible women. “We want the scheme to be a long-term, beneficial initiative without disruptions,” she added.

    Reflecting on the BJP’s 10 years in opposition during AAP’s rule, she said party workers and leaders stayed strong and continued to work with the people as public representatives.

    “When we saw that the people of Delhi were being wronged, when corruption was being exposed every day, when liquor shops were opening on every street — we were in the midst of that struggle… Overall, in these 10 years, Delhi fell behind. But wherever we could make a difference, we stayed among the people and worked for them,” she said.

    She added that winning back the trust of the people in just 100 days was a challenge, as many were disillusioned after the anti-corruption movement — which began at Ramlila Maidan — failed to live up to its promises.

    “People who were looking for honest governance were hurt. They again lost faith in politicians. But my Cabinet members and I have tried to remain present among the people, and this is helping to heal the people of Delhi, who have suffered for 27 years,” claimed CM Gupta, adding that the Yamuna River and the city at large suffered due to the neglect of previous governments.

    IANS

  • PM Modi commemorates 300th birth anniversary of Lokmata Ahilyabai Holkar, launches key infrastructure projects in Madhya Pradesh

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Saturday commemorated the 300th birth anniversary of Lokmata Devi Ahilyabai Holkar at the Lokmata Devi Ahilyabai Mahila Sashaktikaran Mahasammelan in Bhopal. Speaking on the occasion, the PM paid tribute to her enduring legacy in governance, social reform, and cultural preservation, while emphasizing the crucial role of women in India’s development.

    The Prime Minister also inaugurated key infrastructure projects, including the launch of passenger services on the Indore Metro’s Super Priority Corridor and the new airports at Datia and Satna. These initiatives aim to enhance regional connectivity, stimulate economic growth, and create employment opportunities, reinforcing the government’s commitment to inclusive progress inspired by the vision of women’s empowerment and India’s rich heritage.

    Honouring Ahilyabai Holkar’s Legacy

    PM Modi highlighted Devi Ahilyabai’s exceptional leadership, emphasizing her commitment to public service, cultural preservation, and inclusive governance. He highlighted her devotion, exemplified by carrying a Shiva Lingam and restoring important temples, including Kashi Vishwanath in Varanasi. The Prime Minister praised her pioneering social reforms such as raising the minimum marriage age for girls, securing women’s property rights, and supporting widow remarriage.

    Inauguration of Key Development Projects

    The Prime Minister inaugurated several developmental projects including the launch of passenger services on the Indore Metro’s Super Priority Corridor (Yellow Line) and the inauguration of Datia and Satna airports. He emphasized that these developments would bolster infrastructure in Madhya Pradesh, catalyze economic progress, and generate employment opportunities. The PM also noted that these initiatives aim to improve regional connectivity and bring citizens closer to major religious and cultural destinations.

    Women’s Empowerment and Economic Inclusion

    Reaffirming the government’s commitment to women’s empowerment, PM Modi said that over four crore houses have been built with many registered in women’s names. He highlighted expanded access to essential amenities and healthcare benefits through schemes like Ayushman Bharat.

    The Prime Minister underlined initiatives promoting financial independence, including Mudra Yojana loans—with more than 75% beneficiaries being women—and the active involvement of 10 crore women in self-help groups.

    Women in Science, Defence, and Governance

    The Prime Minister celebrated the increasing participation of women in STEM fields, startups, and space missions, citing over 100 women contributors to Chandrayaan-3. He highlighted historic milestones such as the first women NDA cadets and their expanding roles in the armed forces, including frontline service and leadership positions. The PM also praised women’s critical role in national security operations like Operation Sindoor.

    Balancing Development with Cultural Heritage

    Drawing parallels between Ahilyabai’s era and today, the Prime Minister emphasized India’s progress while preserving cultural roots. He highlighted infrastructure projects like Indore’s metro, railway expansions, and improved air connectivity, which also facilitate access to prominent pilgrimage sites.

    A Call to Strengthen Sashakt Bharat

    PM Modi invoked the legacy of great women leaders and urged the nation to draw inspiration from their courage and vision. He called for collective efforts to build a stronger, inclusive India—Sashakt Bharat.

    PM Modi also released a commemorative ₹300 coin and postage stamp honoring Lokmata Ahilyabai Holkar and presented the National Devi Ahilyabai Award to a woman artist.

    Additionally, the Prime Minister approved ₹480 crore for 1,271 Atal Gram Sushasan Bhawans to strengthen governance infrastructure in gram panchayats.

    The event was attended by the Governor of Madhya Pradesh, Mangubhai Chhaganbhai Patel, and the Chief Minister of Madhya Pradesh, Mohan Yadav, among other dignitaries.

  • Providing service to taxpayers is duty of tax officials: FM Sitharaman

    Source: Government of India

    Source: Government of India (4)

    Union Finance Minister Nirmala Sitharaman on Saturday emphasized that it is the duty of tax department officials to serve taxpayers, and that this responsibility must be carried out with “transparency and integrity.”

    “To provide service to the taxpayer is our duty. While serving taxpayers, transparency and integrity are crucial in earning their trust and confidence. I am confident that the Board and the field formations will remain sensitive and responsive,” the Finance Minister stated on the social media platform X.

    Her statement came in response to a detailed explanation issued by the Central Board of Indirect Taxes and Customs (CBIC) regarding a business entity that had applied for GST registration.

    The applicant had complained about a delay in the processing of the application. However, the CBIC provided details showing that the delay was due to the applicant’s failure to respond to a specific query concerning the designation of the person who had signed on behalf of the company.

    Referring to the case of Vinod Gupta, who raised the issue on LinkedIn, the CBIC clarified on X: “The application was filed this week on 26th May (Monday) and was assigned to Delhi State GST. The Central GST authorities had no role in this matter.”

    According to the Delhi State GST authorities, the application was processed immediately, and a query was raised regarding the missing designation of the person who signed the rent agreement on behalf of the company. At this stage, the ARN (Application Reference Number) was pending a reply from the taxpayer, and the taxpayer had been duly informed, the statement added.

    The application will be processed by the Delhi GST authorities upon receipt of the pending information, the CBIC clarified.

    The CBIC also urged the applicant to refrain from spreading incorrect information on social media without verifying the facts.

    IANS

  • Delhi records wettest May; IMD issues ‘Orange Alert’ for May 31

    Source: Government of India

    Source: Government of India (4)

    Delhi recorded a minimum temperature of 34.8 degrees Celsius on Saturday morning, marking one of the warmer days of the season. However, despite the high morning temperature, this May has been unusual in many ways, including below-normal daytime temperatures, unprecedented frequent rainfall, and the absence of any heatwave conditions.

    In terms of precipitation, May 2025 has been historic for Delhi, with the capital receiving 188.9 mm of rainfall — the highest-ever recorded in the month of May. This is over 202 percent more than the normal monthly average of 62.6 mm. In contrast, May 2024 saw just 0.4 mm of rain, which was 99 percent below average, with not a single rainy day recorded.

    According to the India Meteorological Department (IMD), this is only the third time in the last five years that Delhi has seen the mercury stay below 40 degrees Celsius throughout May. Not a single day this month recorded conditions severe enough to be classified as an intense heatwave, making it a rare exception in the typically scorching summer month.

    The current spell of unusual weather is being attributed to the early arrival of the monsoon in Mumbai, which has had a ripple effect on weather systems in northern India, including Delhi. However, meteorologists have clarified that the monsoon has not yet arrived in the national capital, even though conditions have turned significantly cooler and wetter.

    The IMD has issued an ‘Orange Alert’ for Delhi-NCR for tonight, warning residents to stay alert as thunderstorms and heavy rain are likely. An ‘Orange Alert’ signals potentially disruptive weather, and people are advised to prepare for sudden changes in conditions.

    The forecast suggests that rain, accompanied by thunder and strong winds, will continue across Delhi and surrounding areas till June 4. A ‘Yellow Alert’ is also in place for Saturday, with the possibility of rain showers at any time during the day.

    Meanwhile, the Air Quality Index (AQI) stood at 167, placing it in the ‘moderate’ category, according to the Central Pollution Control Board (CPCB).

    The AQI scale defines values between 101–200 as ‘moderate,’ 201–300 as ‘poor,’ and 301–400 as ‘very poor.’

    With unpredictable weather continuing, Delhiites are advised to remain cautious and plan accordingly as the city experiences one of its most unusual Mays in recent history.

    —IANS

  • MIL-OSI Asia-Pac: CE meets new Liaison Office Director (with photo)

    Source: Hong Kong Government special administrative region

    ​The Chief Executive, Mr John Lee, met the new Director of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region (LOCPG) and National Security Adviser to the Committee for Safeguarding National Security of the Hong Kong Special Administrative Region (HKSAR), Mr Zhou Ji, at Government House today (May 31). They exchanged views on a range of issues, including the social situation, opportunities and challenges of Hong Kong, and promoting the long-term prosperity and stability of Hong Kong.
     
    Mr Lee expressed his gratitude to the Central Government for its continued support to and care for Hong Kong, driving and supporting Hong Kong’s transition from stability to prosperity. He extended his warm welcome to Mr Zhou on his new appointment. Mr Zhou had extensive experience in local governance and policy-making from a macroscopic perspective. Mr Zhou previously held such positions as Member of the Standing Committee of the CPC Hubei Provincial Committee, Member of the Standing Committee and Deputy Secretary of the CPC Henan Provincial Committee, and Deputy Secretary of the Party Leadership Group and Vice Governor of the Henan Provincial Government, demonstrating outstanding leadership in national administration.
     
    Since taking office in July 2023 as the Executive Deputy Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Zhou has been directly participating in taking forward Hong Kong’s work under national development strategies. He is well acquainted with the national policies on Hong Kong and actively promoted the implementation of the Central Government’s policies benefitting Hong Kong. Last year, Mr Zhou led a delegation to visit Hong Kong to gain better insights into economic development, providing his important views to the formulation of measures benefitting Hong Kong. He has also undertaken extensive efforts to ensure the measures achieve optimal results.
     
    Mr Lee said he is confident to work with Mr Zhou in actively aligning with national development strategies, as well as in implementing fully, faithfully and resolutely the principles of “one country, two systems” and “Hong Kong people administering Hong Kong” with a high degree of autonomy, maintaining the constitutional order of the HKSAR as stipulated in the Constitution and the Basic Law, implementing the “executive-led” structure and implementing the principle of “patriots administering Hong Kong”, with a view to ensuring the long-term prosperity and stability of Hong Kong, the steadfast and successful implementation of the “one country, two systems” principle, and jointly expediting the development of Hong Kong from stability to prosperity.
     
    During the meeting, Mr Lee said that Hong Kong is currently undergoing an economic transformation, and that the HKSAR Government will uphold fundamental principles while breaking new ground, endeavour to take forward reforms, and continue to lead all sectors of Hong Kong society to embrace changes and strive for innovation, actively exploring new areas of development and growth.
     
    Mr Lee said he believes that under the leadership of Mr Zhou, the LOCPG will continue to support the HKSAR Government’s governance in accordance with the las. Noting that Mr Zhou is well acquainted with Hong Kong affairs, Mr Lee said that this will help Hong Kong better contribute to and benefit from its integration into national development, the Guangdong-Hong Kong-Macao Greater Bay Area development and the Belt and Road Initiative. The meeting was conducted in a cordial and productive atmosphere, with both Mr Lee and Mr Zhou sharing the common goal of expediting Hong Kong’s rise from stability to prosperity.

    MIL OSI Asia Pacific News

  • MIL-OSI China: Ancient Silk Road hub inspires global dialogue

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

    LANZHOU, May 31 — As dusk falls over the Gobi Desert, the golden hues of the Mogao Caves seem to whisper tales of a bygone era. Yet within these ancient grottoes lies something extraordinary: cutting-edge technology now breathes new life into millennia-old art.

    At the ongoing fourth Dialogue on Exchanges and Mutual Learning among Civilizations in Dunhuang, northwest China’s Gansu Province, this fusion of past and future has emerged as a central theme, positioning Dunhuang as both a guardian of heritage and a pioneer of 21st-century cultural innovation and cultural exchange.

    The “Digital Dunhuang” project, a decade-long endeavor to create virtual replicas of caves and murals, has drawn particular attention. Delegates examined 3D-printed replicas of eroded statues and augmented reality projections that restore faded pigments to their original brilliance.

    Jointly hosted by the Chinese People’s Association for Friendship with Foreign Countries and the Gansu Provincial Government, the dialogue gathered nearly 400 participants, including foreign political leaders, scholars, and representatives from international organizations.

    Marking the first time the dialogue has been held outside Beijing since its 2019 inception, the choice of Dunhuang — a UNESCO World Heritage site — underscores its enduring role as a bridge between civilizations.

    “It is interesting for this symposium to take place in Dunhuang, as part of the Silk Road where so many different items and ideas were traded for so very long,” said Christopher Merrill, director of the International Writing Program at the University of Iowa. “When people come together and exchange ideas, poems, and stories, they come away with different understandings not only of the culture they are exposed to, but of their very own ways of thinking about the world.”

    For centuries, Dunhuang’s Mogao Caves stood as a melting pot of Buddhist art, Persian motifs, and Hellenistic influences. Today, its frescoes tell timeless tales: Western traders with aquiline noses leading camels meet East Asian merchants; Hindu apsaras (celestial beings) mingle with Chinese mythological figures like Fuxi and Nuwa.

    “Dunhuang is where civilizations began to converse,” remarked Eliso Elisashvili, president of Georgian International University, marveling at the city’s “beautiful, magnetic” blend of histories.

    The dialogue’s agenda — spanning topics from AI-era cultural shifts to museum collaborations — reflects modern challenges. Delegates from Nepal, Egypt, and beyond emphasized that mutual respect for diversity must be the foundation of global discourse.

    “Dunhuang offers a blueprint for dialogue,” said one participant after touring the caves’ vibrant murals.

    “Dunhuang’s openness remains instructive,” noted Lee Kang-bum, professor emeritus and specialist in Confucian classics and classical Chinese texts at Chung-Ang University in the Republic of Korea.

    “In the digital age, we no longer depend solely on a singular ancient Silk Road, but instead embrace countless ‘digital Silk Roads’ that connect billions globally. Artificial intelligence is also reshaping the methods and depth of cross-cultural exchanges,” German sinologist Martin Woesler added.

    Fan Jinshi, the honorary president of Dunhuang Academy, said: “In today’s era, as nations worldwide share the mission of pursuing peaceful development, we hope countries can draw lessons from the Silk Road’s historical legacy of civilizational integration and cultural dialogue to advance the Silk Road Economic Belt and promote the flourishing of diverse cultures across the globe.”

    MIL OSI China News