Category: Asia Pacific

  • MIL-OSI Australia: 128-2025: Proposed changes to testing requirements for tomato and capsicum seed for sowing

    Source: New South Wales Government 2

    17 April 2025

    Who does this notice affect?

    This notice is relevant to importers of tomato and capsicum seed for sowing from all countries, as well as their custom brokers.

    What is changing?

    The Department of Agriculture Fisheries and Forestry have commenced a review of Australia’s policies for testing tomato and capsicum seed, initially focusing on Tomato brown rugose fruit virus (ToBRFV) and Tomato mottle mosaic virus (ToMMV).

    In the first phase of this…

    MIL OSI News

  • MIL-OSI Australia: Man and woman charged with child abuse and online child exploitation offences

    Source: New South Wales Community and Justice

    Man and woman charged with child abuse and online child exploitation offences

    Thursday, 17 April 2025 – 4:27 pm.

    A man and a woman from North-West Coast have been charged with serious child abuse and online child exploitation offences following an investigation by the Joint Anti-Child Exploitation Team (JACET), a partnership between Tasmania Police and the Australian Federal Police.
    On 18 February 2025, JACET officers executed a search warrant at a residence. During the search, investigators located child exploitation material on the man’s phone involving a young child known to both parties.  
    As a result of the investigation, the man has been charged with:
    1. Possession, production and distribution of child exploitation material
    2. Indecent assault
    The woman has been charged with:
    1. Possession, production and distribution of child exploitation material
    2. Indecent assault
    3. Penetrative sexual abuse of a young person (x2)
    The man will appear in the Devonport Magistrates Court on 2 June 2025. The woman will appear in the Burnie Magistrates Court on 22 July 2025. 
    The child has been placed in alternative care and is receiving ongoing counselling and support services. 
    Reporting services:
    This case represents some of the most confronting and abhorrent offending we investigate. It’s a stark reminder that child sexual abuse often occurs in places where children should feel safest, in their homes and among people they trust.
    Police are committed to protecting children from harm and the partnership between AFP and Tasmania Police strengthens our capability to detect and disrupt offenders who betray the trust of the most vulnerable members of the community. We urge anyone with concerns or suspicions about child abuse, including online exploitation and grooming, to come forward.  
    How to report child abuse or online child exploitation:
    1. If a child is in immediate danger, call 000
    2. Contact Tasmania Police on 131 444
    3. Contact Strong Families Safe Kids on 1800 000 123
    4. Report anonymously via Crime Stoppers at 1800 333 000 or crimestoppers.com.au
    5. Make an online report to the Australian Centre to Counter Child Exploitation (ACCCE) at: https://www.accce.gov.au/report 

    MIL OSI News

  • MIL-OSI Economics: Panasonic Group certified as a TABLE FOR TWO Platinum Partner for the 12th consecutive year

    Source: Panasonic

    Headline: Panasonic Group certified as a TABLE FOR TWO Platinum Partner for the 12th consecutive year

    Achievement highlights continued efforts at employee cafeterias in Japan and initiatives by Panasonic Marketing Europe

    Osaka, Japan – April 17, 2025 – The Panasonic Group has been supporting the non-profit organization TABLE FOR TWO (TFT) in its efforts to deliver school meals to children in developing countries since 2009. The Group has been recognized by TFT as a Platinum Partner for the 12th consecutive year. 
    In 2024, the Group donated the equivalent of approximately 171,000 meals, including donations made through the newly launched program of Panasonic Marketing Europe GmbH. The total amount of donations made by the Group to date is equivalent to approximately 1.67 million meals.
    The Panasonic Group has set “ending poverty” as one of the key themes for its corporate citizenship activities. In Japan, as an initiative that allows employees to participate in solving social issues through something familiar—food—the Group offers TFT menu items in employee cafeterias at 14 locations, donating 20 yen per TFT meal on a continuous basis. At sites without cafeterias, the “CUP FOR TWO (CFT)” program has been implemented, in which a portion of the proceeds from vending machines is donated, and in 2024, this led to approximately 71,000 meals being donated.

    In Europe, Panasonic Marketing Europe has redefined the objective of its European kitchen appliance business as “delivering healthy food to as many customers as possible and creating a hunger-free, caring world,” and has launched two new initiatives. First, to commemorate World Food Day on October 16, 2024, the company donated 100,000 meals to TFT Germany. In addition, it announced that it would donate five school meals to TFT for every kitchen appliance purchased through the Panasonic online shop in Europe between October 1, 2024 and March 31, 2025. 
    This campaign has resulted in a donation amount equivalent to over 60,000 meals, which the Group will donate in stages.

    Through the TFT initiative, the Panasonic Group will continue to provide nutritious school meals and contribute to improving children’s basic physical strength, preventing illness, and creating educational opportunities, thereby helping to alleviate poverty and bring happiness to people living in developing countries.
    The Panasonic Group will continue to contribute to solving social issues in various ways in order to work toward realizing “an ideal society with affluence both in matter and mind.” 

    Panasonic Group Corporate Citizenship Activities Sitehttps://holdings.panasonic/global/corporate/sustainability/citizenship.html

    MIL OSI Economics

  • MIL-Evening Report: Could you accidentally sign a contract by texting an emoji? Here’s what the law says

    Source: The Conversation (Au and NZ) – By Jennifer McKay, Professor in Business Law, University of South Australia

    Parkova/Shutterstock

    Could someone take you to court over an agreement you made – or at least appeared to make – by sending a “👍”?

    Emojis can have more legal weight than many people realise. A search of the Australasian Legal Information Institute database reveals emojis have been part of evidence in at least 240 cases in the past few years.

    Their use in texts and emails has been considered in unfair dismissals, wills, family law and criminal cases.

    Australian law does not explicitly address the use of emojis in contracts. And although emojis have been accepted in evidence, the context in which they are used is always a crucial part of the picture.

    Here’s what you need to know about what makes a contract under the law – and why you might want to be especially cautious with the “🤝” button.

    Is it a casual agreement or a contract?

    Contracts don’t have to be printed on paper and signed in a lawyer’s office.

    In Australia, a contract is generally considered legally binding if it meets certain requirements. There has to be:

    • an intention to create legal relations
    • a clear unequivocal offer
    • certainty and completeness of terms
    • “consideration” – the price exchanged for the promise made
    • clearly communicated acceptance
    • no “vitiating factors” – things that could spoil the contract such as unconscionable conduct or duress.

    Indeed, case law supports the notion that contracts can be partly oral and partly written. But the oral terms cannot contradict the terms of the written agreement.

    Contracts can also incorporate graphics. The former chief justice of the High Court of Australia, Robert French AC, said in December 2017:

    There is no reason in principle why pictorial contracts explained orally or supplemented textually or contextually could not be enforceable in the same way as any other contract.

    Contracts don’t always have to be written.
    PeopleImages.com – Yuri A/Shutterstock

    ‘I hereby accept’

    In contract cases, courts often use what’s called an objective test to consider whether a reasonable person would conclude the parties intended to create a binding contract.

    In Australian law, parties to a contract must clearly communicate that they accept its terms.

    Social and domestic agreements are presumed not to create legal intent, unless proven otherwise. But with extensive use of texts and emails with emojis now, there is less clarity about what is a social and domestic agreement.

    Commercial and business contracts are presumed to have contractual intent. However, even in business contracts, emojis may be deemed to amount to acceptance, depending on the past behaviour of the parties.

    That’s because many emojis are ambiguous.

    In one situation, a thumbs up (👍) might mean “I have something”, but in another it could mean “I agree to it”. A smiley face is the same so context is crucial. The least ambiguous is arguably the handshake emoji – 🤝.

    Careful of the handshake emoji – it generally signals agreement.
    Yuri A/Shutterstock

    The experience overseas

    A number of cases from overseas show how emojis sent in response to an offer can lead to unintended contracting.

    They can induce what the law calls “reasonable reliance” of one party on the other, more than “bare hope” an agreement can be relied upon. This can subject the sender to liability if that reliance is misplaced.

    One 2023 case in Canada centred on a thumbs-up emoji sent in response to a proposal for the purchase of flax.

    Here, the court ruled that the emoji did signify agreement to the terms, similar to a written signature. It had been habitually used between the buyer and seller in a longstanding business relationship.

    Because of this repeated use, the court ruled, a reasonable bystander would conclude the emoji response created a binding agreement.

    Borrowing a big boat

    A subsequent case, in the United Kingdom, centred on an alleged four-year “charterparty” agreement to hire a large crude oil tanker called the “Aquafreedom” between Southeaster, its owners and the logistics company Trafigura.

    Trafigura claimed a binding agreement to charter the ship had been reached, following a period of offers and counteroffers. But the vessel’s owner Southeaster disagreed. Trafigura claimed it had suffered about US$15 million in lost business as a result.

    The evidence in this case was principally a bundle of written communications between the parties, including email, telephone and WhatsApp communications.

    While the court ultimately ruled no contract had been entered into, it found that more informal communications used in evidence, including WhatsApp messages containing emojis, shouldn’t be given less weight than email communications.

    The court found WhatsApp messages – including those with emojis – shouldn’t be disregarded.
    BigTunaOnline/Shutterstock

    What can you do?

    Here are some helpful hints for navigating the use of emojis, especially when buying or selling anything, running your own business or sending messages at work:

    • be careful when discussing services or purchase of goods over text
    • when acknowledging receipt of a contract, it’s safest to clearly state that you will review the terms and get back to the sender
    • do not use an emoji on its own
    • do not use the handshake emoji
    • keep business-like arrangements on a more formal footing.

    Remember, context remains important and past behaviour is critical.


    The author would like to acknowledge the contribution of Mark Giancaspro, senior lecturer in law at the University of Adelaide, for assistance in the preparation of this article.

    Jennifer McKay receives research funding from CRC Race 2030.

    ref. Could you accidentally sign a contract by texting an emoji? Here’s what the law says – https://theconversation.com/could-you-accidentally-sign-a-contract-by-texting-an-emoji-heres-what-the-law-says-252287

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Why do scientists want to spend billions on a 70-year project in an enormous tunnel under the Swiss Alps?

    Source: The Conversation (Au and NZ) – By Tessa Charles, Accelerator Physicist, Monash University

    An artist’s impression of the tunnel of the proposed Future Circular Collider. CERN

    The Large Hadron Collider has been responsible for astounding advances in physics: the discovery of the elusive, long-sought Higgs boson as well as other new exotic particles, possible hints of new forces of nature, and more.

    Located at the European Organization for Nuclear Research (CERN) on the border of France and Switzerland, the LHC is expected to run for another 15 years. Nevertheless, physicists are already planning what will come after it.

    One of the most favoured proposals for CERN’s next step is the 70-year Future Circular Collider (FCC) project. More than three times the size of the LHC, this enormous proposed machine promises to resolve some mysteries of the universe – and undoubtedly reveal some new ones.

    What will the Future Circular Collider do?

    The LHC, which occupies a circular tunnel 27 kilometres in circumference, is currently the largest machine in the world. The FCC would be housed in a much larger 91km tunnel in the Geneva basin between the Jura mountains and the Alps.

    The first stage of the FCC would be the construction and operation of a collider for electrons (the lightweight particles that make up the outer shell of atoms) and positrons (the antimatter mirror images of electrons). This collider would allow more precise measurements of the Higgs boson.

    The planned Future Circular Collider would occupy a tunnel 91 kilometres long, dwarfing the 27-kilometre Large Hadron Collider.
    CERN

    The second stage would be a collider for protons (heavier particles found in the cores of atoms). The LHC already collides protons, but the new collider would accelerate the protons up to more than seven times as much energy.

    This increase in collision energy allows for the discovery of particles never produced by humanity before. It also brings with it technical challenges, such as the development of high-powered superconducting magnets.

    Known unknowns

    The most high-profile result from the LHC has been the discovery of the Higgs boson, which lets us explain why particles in the universe have mass: they interact with the so-called Higgs field which permeates all of space.

    This was a great victory for what we call the Standard Model. This is the theory that, to the best of our current knowledge, explains all the fundamental particles in the universe and their interactions.

    However, the Standard Model has significant weaknesses, and leaves some crucial questions unanswered.

    The FCC promises to answer some of these questions.

    Collisions between high-energy particles may shed light on several unanswered questions of physics.
    CERN

    For example, we know the Higgs field can explain the mass of heavy particles. However, it is possible that a completely different mechanism provides mass to lighter particles.

    We also want to know whether the Higgs field gives mass to the Higgs boson itself. To answer these Higgs questions we will need the higher energies that the FCC will provide.

    The FCC will also let us take a closer look at the interactions of very heavy quarks. (Quarks are the tiniest components of protons and some other particles.) We hope this may shed light on the question of why the universe contains so much more matter than antimatter.

    And the FCC will help us look for new particles that might be dark matter, a mysterious substance that seems to pervade the universe.

    Of course, there is no guarantee that the FCC will provide the answers to these questions. That is the nature of curiosity-driven research. You know the journey, but not the destination.

    Competing colliders

    The FCC is not the only major particle physics project under consideration.

    Another is a proposed 20-kilometre machine called the International Linear Collider, which would likely be built in Japan.

    The US has several projects on the go, mainly detectors of various kinds. It also supports an “offshore Higgs factory”, located in Europe or Japan.

    One project that may concern the FCC’s backers is the planned 100 kilometre Chinese Electron Positron Collider (CEPC), which has significant similarities to the FCC.

    This poses a dilemma for Europe: if China goes ahead with their project, is the FCC still worthwhile? On the other hand, CERN chief Fabiola Gianotti has argued that the FCC is necessary to keep up with China.

    High costs

    The decision on the FCC won’t be taken lightly, given the large cost associated with the project.

    CERN estimates the first stage will cost 15 billion Swiss francs (around US$18 billion or A$28 billion at current exchange rates), spread out over 12 years. One third of this cost is the tunnel construction.

    The size of the sum has attracted criticism. However, a CERN spokesperson told the Agence France-Press that up to 80% of the cost would be covered by the organisation’s current annual budget.

    The second stage of FCC, which would reuse the 91km tunnel as well as some existing LHC infrastructure, is currently estimated to cost 19 billion Swiss francs. This costing carries a large uncertainty, as the second stage would not be commissioned until 2070 at the earliest.

    Benefits beyond science

    Pure science has not been the only benefit of the LHC. There have been plenty of practical technological spinoffs, from medical technology to open and free software.

    One specific example is the Medipix chips developed for a detector at the LHC, which are now used across multiple areas in medical imaging and material science.

    For the past 70 years, CERN has served as a fantastic model for peaceful and efficient international collaboration. Beyond its astonishing scientific output, it has also produced significant advances in engineering that have spread through society. Building the FCC will be an investment in both technology and curiosity.

    Tessa Charles has previously received funding through an EU Horizon 2020 project, the FCC Innovation Study (FCCIS).

    Ulrik Egede receives funding from the Australian Research Council to carry out research at the Large Hadron Collider. He is representing southeast Asia and Australia/NZ on the International Committee of Future Accelerators.

    ref. Why do scientists want to spend billions on a 70-year project in an enormous tunnel under the Swiss Alps? – https://theconversation.com/why-do-scientists-want-to-spend-billions-on-a-70-year-project-in-an-enormous-tunnel-under-the-swiss-alps-254577

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: Xi says China-Cambodia ties remain rock-solid

    Source: China State Council Information Office

    Chinese President Xi Jinping said Thursday that China-Cambodia relations have withstood the test of global transformations, and always remained rock-solid.

    In a written statement upon his arrival in Phnom Penh, Xi also noted that bilateral ties were forged and nurtured by the elder generation of leaders of the two countries.

    Xi arrived here for a state visit to Cambodia, the third leg of his three-nation Southeast Asia tour which have already taken him to Vietnam and Malaysia.

    MIL OSI China News

  • MIL-OSI Australia: India

    Source:

    We’ve reviewed our advice for India and continue to advise exercise a high degree of caution. Higher levels apply in some areas. 

    Carrying or using a satellite phone or GPS-enabled devices (including emergency locator beacons) without official permission is illegal. You could be arrested or detained, receive a large fine, have the device confiscated and face significant travel delays (see ‘Local Laws’).

    If you have had a baby in India, you must inform the FRRO and secure the appropriate travel document and Indian visa to remain legally in the country or to travel. Failure to comply could result in significant financial penalties by the FRRO (see ‘Travel’).

    Travellers have been robbed and assaulted after consuming spiked drinks or food. Be alert to the potential risks around drink spiking and methanol poisoning from consuming alcoholic drinks (see ‘Safety’).

    MIL OSI News

  • MIL-OSI: Q1 2025 as planned, post Financial restructuring: commercial recovery, decline in revenue and limited cash consumption

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Q1 2025 as planned, post financial restructuring:

    commercial recovery, decline in revenue

    and limited cash consumption

    Confirmation of continued commercial recovery, fueled by strategic large deal signatures

    • Q1 2025 order entry at €1.7 billion
    • Q1 2025 book-to-bill at 81%, +17 points vs Q1 2024, benefiting from the signature of multi-year contract renewals and business wins with new material revenue streams

    Q1 2025 revenue: €2,068 million, down -15.9% organically, impacted by lower order entry and contract completions recorded in 2024, before the closing of the financial restructuring of the Company on December 18, 2024

    • Reflecting deliberate reduction of BPO1 activities in the UK, as well as calendar effects
    • Eviden: down -14.0% organically
    • Tech Foundations: down -17.5% organically

    Estimated cash consumption2limited to c. €-40 million in Q1 2025 vs €-415 million in Q1 2024

    • No usage at all of account receivable factoring or specific optimization on trade payables

    Estimated liquidity3of c. €1,958 million as of March 31, 2025 vs €2,179 million as of December 31, 2024:

    • Cash and cash equivalent of c. €1,518 million vs €1,739 million in December 2024 and undrawn revolving credit facility of €440 million as of March 31, 2025
    • Including c. €138 million of cash in advance (vs €319 million as at December 31, 2024), consisting solely of customer invoices paid in advance without any discount and on a pure voluntary basis

    Presentation of Atos updated strategy and organization during the May 14, 2025 Capital Markets Day

    Paris, April 17, 2025 – Atos, a global leader in digital transformation, high-performance computing and information technology infrastructure, today announces its Q1 2025 revenue.

    Philippe Salle, Atos Chairman of the Board of Directors and Chief Executive Officer, declared:

    “Our first quarter performance confirms the inflexion in our business trajectory following the closing of our financial restructuring at the end of 2024. While top line remained under pressure, our commercial activity continued to recover during the quarter, attesting to the confidence and engagement of our clients and boding well for the future of Atos. We have also limited our cash consumption during the quarter and made significant progress in the implementation of our restructuring program to adapt our cost base. I look forward to sharing my vision for Atos and unveiling our mid-term strategy at our Capital Markets Day on May 14. This is the start of a new chapter for the Group, with relentless focus on serving our customers through innovation and high-quality services.”

    Q1 2025 Revenue by Business

    In € million Q1 2025
    Revenue
    Q1 2024
    Revenue
    Q1 2024
    Revenue*
    Organic variation*
    Eviden 973 1,164 1,132 -14.0%
    Tech Foundations 1,095 1,314 1,326 -17.5%
    Total 2,068 2,479 2,458 -15.9%

    *: at constant scope and March 2025 average exchange rates

    Group revenue was €2,068 million, down -15.9% organically compared with Q1 2024. Overall, Group revenue evolution in Q1 2025 reflects lower order entry and contract completions recorded in 2024, before the closing of the financial restructuring of the Company in December 2024, deliberate reduction of BPO activities in the UK, calendar effects as well as market softness in key geographies.

    Eviden revenue was €973 million, down -14.0% organically.

    • Digital activities decreased double digit. The business was impacted by H2 2024 contract completions and contract scope reductions, as well as by the continued market softness in North America, in the UK & Ireland and in Southern Europe.
    • Big Data & Security (BDS) revenue decreased high single digit. Lower activity in cybersecurity services due to volume decline and contract completions was partially offset by growth in Advanced Computing due to large project deliveries in India and Germany.

    Tech Foundations revenue was €1,095 million, down -17.5% organically.

    • Core revenue (excluding BPO and value-added resale (“VAR”)) decreased double digit mainly due to previously established contract terminations and completions in North America, lower revenue from Major Events following the delivery of the 2024 Paris Olympic and Paralympic games, and by contract scope and volume reduction in the UK.
    • Non-core revenue declined double digit as planned, reflecting deliberate reduction of BPO activities in the UK and reduced value-added resale for hardware and software products.

    Q1 2025 revenue by Regional Business Unit

    In € million Q1 2025
    Revenue
    Q1 2024
    Revenue
    Q1 2024
    Revenue*
    Organic variation*
    Central Europe 501 533 527 -5.0%
    Southern Europe 438 565 527 -16.9%
    North America 382 512 528 -27.6%
    UK / IR 309 423 434 -28.8%
    Growing markets 224 223 219 +2.0%
    Benelux and the Nordics (BTN)                  212 220 220 -3.6%
    Others & Global structures 2 3 3 -10.0%
    Total 2,068 2,479 2,458 -15.9%

    *: at constant scope and March 2025 average exchange rates

    Central Europe revenue was € 501 million, down -5.0% organically.

    • Eviden revenue decreased low single digit. Decline in Digital due to volume reduction from Manufacturing and Public Sector customers was partially offset by the delivery of a large HPC in Germany.
    • Tech Foundations revenue decreased double digit, reflecting volume and scope reductions related to low-margin contracts with Pharmaceutical and Banking customers.

    Southern Europe revenue was €438 million, down -16.9% organically.

    • Eviden revenue decreased double digit. Digital activities declined due to volume reduction with Automotive, Transport & Logistics and Banking customers. The delivery of a supercomputer project in France in 2024 provided a higher prior year comparison basis for BDS.
    • Tech Foundations revenue decreased high single digit due to contract completions with select customers.

    North America revenue was € 382 million, down -27.6% organically, impacted by contract terminations and completions, and general slowdown in market conditions.

    • Eviden revenue decreased double digit, notably from lower activity with Healthcare, Finance, and Transport & Logistics customers. BDS decreased double digit due to contract completion and volume reductions.
    • Tech Foundations revenue decreased double digit notably from lower activity in Media and Insurance.

    UK & Ireland revenue was € 309 million, down -28.8% organically.

    • Eviden revenue decreased double digit. Digital revenue decreased on back of market softness in Public Sector while BDS remained stable.
    • Revenue in Tech Foundations decreased double digit, due primarily to previously announced large contract exit in Public Sector BPO.

    Growing Market revenue was €224 million, up +2.0% organically. Revenue from the delivery of a HPC in India was partly offset by the high prior year comparison basis of Major Events, which included revenue from the 2024 Paris Olympic & Paralympic Games.

    Benelux and the Nordics revenue was € 212 million, down -3.6% organically

    • Eviden revenue decreased low single digit, impacted by project completions and volume reductions in Manufacturing.
    • Revenue in Tech Foundations decreased low single digit as well, due to previously established contract completions and volume decline on low-margin contracts with Healthcare and Utilities customers.

    Order entry and backlog

    Q1 2025 commercial activity

    Order entry reached €1.7 billion in Q1 2025, of which €1.1 billion represent new services sold to new or existing customers.

    Book-to-bill ratio was 81% for the quarter, improving by +17 points compared with the Q1 2024 ratio of 64%, benefiting from renewed client confidence.

    • Eviden book-to-bill ratio was 80% for the first quarter compared to 83% in Q1 2024, when a large HPC order was booked for a Danish innovation center. Main contract signatures in the first quarter included a large six-year new business in digital and cyber contract in Belgium and a contract renewal to manage a public health system for a large American insurance company.
    • Tech Foundations book-to-bill ratio was 81% for the first quarter, a significant improvement compared to the 47% reported in Q1 2024. Main contract signatures in the first quarter included a new four-year contract for IT infrastructure in Public Sector in France, a multi-year contract extension for Mainframe services with a global leader in aerospace as well a contract renewal with a leading automotive manufacturer for Mainframe services. Also, a new five-year Digital Workplace contract was signed with the UK Department of Environments, Food and Rural Affairs (DEFRA).

    Backlog & commercial pipeline

    At the end of March 2025, the full backlog reached €12.6 billion representing 1.3 years of
    revenue.

    The full qualified weighted pipeline amounted to €4.5 billion at the end of March 2025, representing 5.7 months of revenue.

    Human resources

    The total headcount was 74,074 at the end of March 2025, decreasing by -5.2% compared with the end of December 2024, notably from 1,682 departures related to the restructuring plan already on track.

    Q1 2025 liquidity position4

    Atos SE also publishes its estimated liquidity position at March 31, 2025. This indicator measures the estimated financial resources available at date to meet Atos SE future obligations. This publication is part of the regular reporting requirements defined and agreed with the Group’s financial creditors.

    As of March 31, 2025, Atos liquidity is estimated at circa €1,958 million, compared to €2,179 million as of December 31, 2024, and was comprised of:

     In € million March 31, 2025
    (estimated)
    December 31, 2024
    (actuals)
    Var.
    Cash & cash equivalents 1,518  1,739 -221 
    of which payments received from customers in advance of invoice payment due dates 138  319 -181 
    Undrawn revolving credit facility 440  440 – 
    Total liquidity 1,958  2,179 -221 

    Capital Markets Day

    Atos will present an update of its strategy and organization during a Capital Markets Day that will be held in Atos’ Bezons headquarters on May 14, 2025.

    Forthcoming events

    May 14, 2025 Capital Markets Day
    June 13, 2025 Annual General Meeting
       
    August 1st, 2025 (Before Market Opening)  First semester 2025 results

    APPENDIX

    Q1 2024 revenue at constant scope and exchange rates reconciliation

    For the analysis of the Group’s performance, revenue for Q1 2025 is compared with 2024 revenue at constant scope and foreign exchange rates.

    Reconciliation between the 2024 reported first quarter revenue and the 2024 first quarter revenue at constant scope and foreign exchange rates is presented below, by Business Lines and Regional Business Units:

    Q1 2024 revenue
    In € million
    Q1 2024 published Internal transfers Scope effects Exchange rates effects Q1 2024*
    Eviden 1,164 2 -44 9 1,132
    Tech Foundations 1,314 -2 0 14 1,326
    Total 2,479 0 -44 23 2,458
               
               
    Q1 2024 revenue
    In € million
    Q1 2024 published Internal transfers Scope effects Exchange rates effects Q1 2024*
    North America 512 0 0 16 528
    Benelux and the Nordics (BTN) 220 0 0 0 220
    UK / IR 423 0 0 10 434
    Central Europe 533 0 -6 0 527
    Southern Europe 565 0 -38 0 527
    Growing Markets 223 0 0 -3 219
    Others & Global structures 3 0 0 0 3
    Total 2,479 0 -44 23 2,458

    *: at constant scope and March 2025 average exchange rates

    Scope effects amounted to €-44 million. They related to the divesture of Worldgrid in Southern Europe and Central Europe.

    Currency effects positively contributed to revenue for €+23 million. They mostly came from the appreciation of the British pound and the US dollar partially compensated by the depreciation of the Brazilian real, the Argentinian peso and the Turkish lira.

    Disclaimer

    This document contains forward-looking statements that involve risks and uncertainties, including references, concerning the Group’s expected growth and profitability in the future which may significantly impact the expected performance indicated in the forward-looking statements. These risks and uncertainties are linked to factors out of the control of the Company and not precisely estimated, such as market conditions or competitors’ behaviors. Any forward-looking statements made in this document are statements about Atos’s beliefs and expectations and should be evaluated as such. Forward-looking statements include statements that may relate to Atos’s plans, objectives, strategies, goals, future events, future revenues or synergies, or performance, and other information that is not historical information. Actual events or results may differ from those described in this document due to a number of risks and uncertainties that are described within the 2024 Universal Registration Document filed with the Autorité des Marchés Financiers (AMF) on April 10, 2025 under the registration number D.25-0238. Atos does not undertake, and specifically disclaims, any obligation or responsibility to update or amend any of the information above except as otherwise required by law.

    This document does not contain or constitute an offer of Atos’s shares for sale or an invitation or inducement to invest in Atos’s shares in France, the United States of America or any other jurisdiction. This document includes information on specific transactions that shall be considered as projects only. In particular, any decision relating to the information or projects mentioned in this document and their terms and conditions will only be made after the ongoing in-depth analysis considering tax, legal, operational, finance, HR and all other relevant aspects have been completed and will be subject to general market conditions and other customary conditions, including governance bodies and shareholders’ approval as well as appropriate processes with the relevant employee representative bodies in accordance with applicable laws.

    About Atos

    Atos is a global leader in digital transformation with circa 74,000 employees and annual revenue of circa €10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 68 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Contacts

    Investor relations:

    David Pierre-Kahn | investors@atos.net | +33 6 28 51 45 96

    Sofiane El Amri | investors@atos.net | +33 6 29 34 85 67

    Individual shareholders: +33 8 05 65 00 75

    Press contact: globalprteam@atos.net


    1         Business Process Outsourcing

    2         Cash consumption of a period is defined as the variance in cash and cash-equivalent, excluding (i) the variance of the drawn portion of the RCF and (ii) the variance in working capital optimization actions (which include cash in advance received from customers, account receivable factoring and specific optimization of trade payables)

    3         Liquidity is defined as the sum of (i) the consolidated cash and cash-equivalent position of the Group and (ii) the amounts available under any undrawn committed facilities (including committed overdrafts). Consolidated cash and cash-equivalent includes trapped cash and unpooled cash and excludes cash held in escrow accounts in order to provide cash collateral.

    4         Liquidity is defined as the sum of (i) the consolidated cash and cash-equivalent position of the Group and (ii) the amounts available under any undrawn committed facilities (including committed overdrafts). Consolidated cash and cash-equivalent includes trapped cash and unpooled cash and excludes cash held in escrow accounts in order to provide cash collateral.

    Attachment

    The MIL Network

  • MIL-OSI Economics: Result of the Daily Variable Rate Repo (VRR) auction held on April 17, 2025

    Source: Reserve Bank of India

    Tenor 4-day
    Notified Amount (in ₹ crore) 25,000
    Total amount of bids received (in ₹ crore) 6,514
    Amount allotted (in ₹ crore) 6,514
    Cut off Rate (%) 6.01
    Weighted Average Rate (%) 6.01
    Partial Allotment Percentage of bids received at cut off rate (%) NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/122

    MIL OSI Economics

  • MIL-Evening Report: Why healthy eating may be the best way to reduce food waste

    Source: The Conversation (Au and NZ) – By Trang Nguyen, Postdoctoral Research Fellow, Centre for Global Food and Resources, University of Adelaide

    Stokkete, Shutterstock

    Australians waste around 7.68 million tonnes of food a year. This costs the economy an estimated A$36.6 billion and households up to $2,500 annually.

    Much of this food is wasted at home. So while consumers are increasingly aware of sustainability issues, awareness does not always translate into better food management in practice.

    Our previous research revealed people differ in the ways they generate and dispose of food waste.

    Our latest study takes a closer look at two groups who care deeply about food, for different reasons. It exposes a paradox: people who prioritise healthy eating waste less food, while those focused on sustainability do not necessarily follow through with waste reduction.

    This suggests encouraging healthier eating habits might be a better way to cut household food waste than sustainability messaging alone.

    Sustainability awareness doesn’t always mean less waste

    To understand how food values influence waste, we surveyed 1,030 Australian consumers living in Adelaide between April and May 2021. We set quotas for age, sex and household income to match national demographics.

    We wanted to find out who wasted more food: nutrition-conscious or sustainability-conscious consumers?

    We asked each person how they plan meals and shop, what they value when buying food, and how much food they throw away each week.

    Our results show nutrition-conscious consumers tend to plan meals in advance, use shopping lists and avoid over-purchasing. These behaviours contribute to both a healthier diet and less food waste.

    We found consumers who make more nutrition-conscious food choices tended to waste less edible food. A one-point increase on our nutrition scale corresponded to a 17.6% reduction in food waste, compared to people with lower scores on the nutrition scale.

    On the other hand, those who prioritise sustainability over nutrition did not show any significant reduction in edible food waste.

    These consumers tend to choose environmentally friendly products. They typically prefer to shop locally, buy organic produce and avoid excessive food packaging. But that does not necessarily translate into waste-reducing behaviours.

    Those concerned with sustainability tend to buy more food than they need. They have good intentions, but lack strategies to manage and consume the food efficiently. Unfortunately this means sustainably sourced food often ends up in landfill.

    Teaching children to prepare healthy food for themselves can help reduce waste.
    Oksana Kuzmina, Shutterstock

    Integrating nutrition and food waste messaging

    Our research reveals a disconnect between purchasing choices and what actually happens to the food at home.

    This highlights an opportunity for policymakers and campaigns aimed at reducing food waste. Rather than focusing solely on sustainability, including messages about improving nutrition can boost health and reduce food waste at the same time.

    Some successful interventions already demonstrate the potential of this approach. For example, an Australian school-based program found children involved in preparing their own meals wasted less food than they did before the program began.

    These students learned about food waste and healthy eating, participated in workshops on meal preparation and composting, and helped pack their own lunches – with less food waste as a result.

    5 ways to reduce food waste

    So, what can households do to reduce food waste while maintaining a healthy diet? Our research suggests the following key strategies:

    1. plan ahead – creating a weekly meal plan and shopping list helps prevent impulse purchases and ensures food is consumed before it spoils

    2. buy only what you need – over-purchasing, even of sustainable products, can lead to unnecessary waste

    3. store food properly – understanding how to store fresh produce, dairy, and leftovers can significantly extend their shelf life

    4. prioritise nutrition – choosing foods that fit into a balanced diet naturally leads to better portion control and mindful consumption, reducing waste

    5. use what you have – before shopping, check your fridge and pantry to incorporate existing ingredients into meals.

    The Great Unwaste is a nationwide movement to end food waste.

    Reducing waste is a bonus

    People are often more motivated by personal health benefits than abstract environmental concerns. Our research suggests this is the key to reducing household food waste.

    Encouraging meal planning for a balanced diet, careful shopping to avoid over-purchasing, and proper food storage, can make a big difference to the amount of food being wasted. This will not only help households save thousands of dollars each year, but also promote healthy eating habits.

    Ultimately, developing a more sustainable food system is not just about buying the right products. It’s about how we manage, prepare and consume them.

    Trang Nguyen receives funding from the End Food Waste Cooperative Research Centre and the Australian Government.

    Jack Hetherington receives funding from the End Food Waste Cooperative Research Centre and the Australian Government and is a member of the Landcare Association of South Australia volunteer Management Committee.

    Patrick O’Connor receives funding from the Australian Research Council, Agrifutures and the Commonwealth and State Governments

    ref. Why healthy eating may be the best way to reduce food waste – https://theconversation.com/why-healthy-eating-may-be-the-best-way-to-reduce-food-waste-253852

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI New Zealand: Seventy-six new police officers en route to districts

    Source: New Zealand Police (National News)

    Commissioner Richard Chambers, members of the police executive and wing patron Don Mann congratulated the 76 graduating constables from Wing 383 today.  Also attending and presenting a prize in absence of the Minister of Police was Mayor of Porirua Anita Baker.

    Families and friends celebrated the newly attested police officers at Te Rauparaha Arena, Porirua this afternoon to acknowledge the successful completion of their initial training course.

    There are some likeminded individuals in the wing with 19 of the graduates having family members currently working in police. Five officers worked for police in non-constabulary roles before choosing to become police officers.

    Twenty two of them were born in other countries, with 15 of them speaking more than just English.

    Many of the officers are top sports players and one of them was awarded the Minister’s prize for top of wing. Constable Casey Hales is a former New Zealand representative for White-water Canoe Slalom. She’s also a current member of the Paddle Ferns – the New Zealand Women’s Canoe Polo Team and has won several international titles. She is a current world champion, having won the 2024 World Championships just three weeks before beginning her police college journey last November. She will be competing in the upcoming World Games in China later this year.

    “I have spent the better part of ten years dedicated to my sporting passion. It is a privilege to be a member of the Paddle Ferns – the New Zealand Women’s Canoe Polo team and represent New Zealand at multiple international competitions. After winning the 2024 World Championships it felt like the right time to put my paddle down for a bit and shift my energy to starting a career I have always dreamed of. “It’s an honour to be recognised as top of wing, and I had no idea I was capable of it, but I’ve been lucky enough to go through this journey supported by an amazing group of people,” says Casey.

    Casey will be based in Eastern District alongside her sister and mentor Constable Tayla Hales.

    Leadership Award winner Ethan Semple has also followed a sibling into the police service. Ethan’s brother inspired him to join police. “I was very proud of my brother when he joined the police a few years ago. I’d always felt called to join police myself but felt like I wasn’t ready. I was going from job to job for a few years, working with youth in Oranga Tamariki, security, and a few tradie jobs. I was never satisfied with what I was doing, always feeling like it wasn’t where I was meant to be. Last year the recruiter tapped me on the shoulder so I put my name forward. As I did so, I’d never felt so sure about any job I’d applied for, and coming into college I knew I was where I am meant to be.”

    Ethan is deployed to Bay of Plenty District.

    Ten officers will head to Southern District, while nine will head to Northland District, a large number at either end of the country.

    The Northland-bound recruits is one of the biggest cohorts to head there in a long time. Regional recruiter Sergeant Joe Te Ao says it’s about making connections in the community and reaching out to people who you think may be a good fit to join police.
    “I spotted a rugby referee who also worked as an instructor at the gym. I knew he would be great in the job. I approached him and suggested he give it a go, met him at the station, had a good chat and he applied the following week. I supported him throughout the whole process and he is now at police college on Wing 386. There’s also someone graduating today who was our plumber and it’s great to watch him graduate. These are just two of many excellent people who I’ve sought out and encouraged them to join,” says Joe. 

    District Commander Northland, Superintendent Matt Srhoj says having the new officers join them in a week will be great. “We’re really excited having the extra people coming on board.  We’ve worked really hard to recruit them, and it’s good that we have filled a few gaps. Our staff up in Northland are very excited about this new team coming back.

    Southern District’s ten new officers will be deployed throughout the region to Invercargill, Queenstown, Gore and Dunedin stations.

    The rest of the wing are dispersed as follows:

    Deployment:
    Northland 9, Tāmaki Makaurau a total of 25 and broken down as follows: Auckland City – 9, Waitematā – 7, Counties Manukau – 9, Waikato – 5, Bay of Plenty – 6, Eastern – 3, Central – 3, Wellington – 7, Tasman – 3, Canterbury – 5, Southern – 10.

    The new constables will start their first week of duty in their Police districts from Monday 28 April 2025 and will continue their training on the job as probationary constables.

    All Awards:
    Minister’s Award recognising top student: Constable Casey Hales, posted to Eastern District. 
    Commissioner’s Award for Leadership: Constable Ethan Semple, posted to Bay of Plenty District.
    Patron’s Award for second in wing recognising second top student: Constable Kayla Massey-Borman, posted to Auckland City District.
    Firearms Award: Constable Ricardo Lewis, posted to Waitematā District.
    Driver Training and Road Policing Practice Award: Constable Jared Curtis posted to Bay of Plenty District.
    Physical Training and Defensive Tactics Award: Constable Jenna Dodd, posted to Counties Manukau District.

    Demographics:

    31.6 percent are female, 68.4 percent are male. New Zealand European make up 64.5 percent of the wing, with Māori 13.2 percent, Pasifika 6.6 percent, Asian 11.8 percent, LAAM 2.6 percent. 

    383 Wing Patron: Don Mann
    Don Mann (Ngāti Kahungunu, Ngāi Tūhoe and Tongan descent) is a highly regarded leader who has served in the public and private sectors, and was a New Zealand police officer for 13 years.
    Don is the CEO of Pacific Media Network, a public service multimedia entity that serves a global Pacific audience, revitalising 10 Pacific languages while promoting Pacific culture and identity.
    Before that role, Don was CEO of the Pacific Cooperation Foundation where he led indigenous economic development partnerships across the Pacific region. In 2014, Don established a corporate partnerships team at Auckland Council, playing a pivotal role in supporting Auckland’s economic development strategy. 
    As a former general manager of the New Zealand Warriors franchise Don helped lead the club to seven National Rugby League (NRL) finals series including two NRL grand finals. He is a previous winner of the Pacific Sport Administrator the Year award and was twice recognised at the Aotearoa Māori Sport Awards.
    Don joined the New Zealand Police in 1984 and was awarded first prize for general excellence in Wing 92. During his 13 years of Police service he spent seven of those as a detective in Auckland CIB specialising in homicide investigation, sexual abuse and criminal intelligence. 
    He holds a Bachelor of Business from Massey University where he won awards for business leadership and market research. He is a member of the Institute of Directors and currently serves on the Boards of Literacy Aotearoa (as Co-chair), SkyCity Auckland Community Trust, and The Rising Foundation. Don is married to Louise, a former police officer of 17 years and a current Police employee.

    Watch out for our Ten One story coming soon with more images and stories.
    If you’re interested in joining police check out newcops.govt.nz

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI China: China, Malaysia pledge support for ASEAN

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

    KUALA LUMPUR, April 17 — China and Malaysia have pledged support for the Association of Southeast Asian Nations (ASEAN).

    The two countries made the announcement on Thursday in a joint statement released in the context of Chinese President Xi Jinping’s state visit to Malaysia.

    The two sides reaffirmed to uphold ASEAN centrality and support the bloc in strengthening ASEAN-led mechanism in promoting an open and inclusive regional architecture that is peaceful, stable and conducive to regional development, growth and prosperity, said the statement.

    They also reiterated to jointly enhance the building of a peaceful, safe and secure, prosperous, beautiful and amicable home, so as to build a closer ASEAN-China community with a shared future, it said.

    Malaysia supports China in hosting APEC Economic Leaders’ Meeting 2026 and supports Hong Kong’s accession to the Regional Comprehensive Economic Partnership, it added.

    MIL OSI China News

  • MIL-OSI China: China, Malaysia agree to build high-level strategic community with shared future

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

    KUALA LUMPUR, April 17 — China and Malaysia have agreed to build a high-level strategic China-Malaysia community with a shared future to accelerate their modernization efforts and jointly promote regional and global prosperity and stability.

    The two countries made the announcement on Thursday in a joint statement released in the context of Chinese President Xi Jinping’s state visit to Malaysia.

    In the statement, China and Malaysia vowed to strengthen strategic coordination, deepen synergy of development, tighten people-to-people bonds, maintain peace and stability in the South China Sea, strengthen regional cooperation, and conduct multilateral cooperation.

    Malaysia reiterated its firm commitment to the one-China policy, recognizing the government of the People’s Republic of China as the sole legal government of China, Taiwan is an inalienable territory of the People’s Republic of China, and in order for China to achieve national reunification, will not support any call for the independence of Taiwan.

    The two sides agreed to become a pacesetter for regional cooperation on new quality productive forces and further synergize development strategies.

    Focusing on four key areas of digital economy, green economy, blue economy and tourism economy, the two sides pledged to expand future economic cooperation, promote integrated, coordinated and complementary development, achieve deep integration of industrial and supply chains, value chains, data chains and talent chains, so as to further improve the level and quality of China-Malaysia cooperation.

    The two countries also agreed to jointly build a safe and stable industrial and supply chain and strengthen cooperation.

    According to the statement, the Malaysian side welcomes Chinese enterprises to participate in the construction of Malaysia’s 5G network. Both sides look forward to exploring potential cooperation in the semiconductor industrial chain to the extent practicable to maintain the stability of the industrial and supply chains.

    The two countries reaffirmed their commitment to strengthening rail transportation and infrastructure cooperation and contributing to the realization of the Pan-Asian Railway vision.

    China said it welcomes Malaysia to continue promoting Malaysian products and expanding exports to China through platforms such as the China International Import Expo, the Global Digital Trade Expo and the China-ASEAN Expo.

    As a way to tighten people-to-people bonds between the two countries, the two sides agreed to continue to conduct joint research on panda protection and expect to achieve more progress in this field.

    In a bid to maintain peace and stability in the South China Sea, the two countries agreed to resolve disputes by peaceful means, through friendly consultations and negotiations, said the statement, noting that both sides recognized that the involvement of parties not directly concerned could be counter-productive.

    MIL OSI China News

  • MIL-OSI Economics: Result of Underwriting Auction conducted on April 17, 2025

    Source: Reserve Bank of India

    In the underwriting auction conducted on April 17, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

    Nomenclature of the Security Notified Amount
    (₹ crore)
    Minimum Underwriting Commitment (MUC) Amount
    (₹ crore)
    Additional Competitive Underwriting Amount Accepted
    (₹ crore)
    Total Amount underwritten
    (₹ crore)
    ACU Commission Cut-off rate
    (paise per ₹100)
    6.79% GS 2031 11,000 5,502 5,498 11,000 0.05
    6.98% GOI GrB 2054 5,000 2,520 2,480 5,000 0.40
    7.09% GS 2074 14,000 7,014 6,986 14,000 0.26
    Auction for the sale of securities will be held on April 17, 2025.

    Ajit Prasad           
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/121

    MIL OSI Economics

  • MIL-OSI China: S. Korean police fail in attempt to conduct search, seizure at presidential office

    Source: China State Council Information Office

    Police officers are seen on duty near the presidential residence in central Seoul, South Korea, Jan. 3, 2025. [Photo/Xinhua]

    South Korean police attempted to execute a search and seizure operation at the presidential office and residence of the ousted President Yoon Suk-yeol in Seoul on Wednesday, but were blocked by the presidential security officials and ultimately failed to proceed.

    According to South Korean media outlets, the Presidential Security Service asserted that the targeted locations or items involved military or official secrets, thus refusing to permit the search. After a 10-hour standoff, the police decided to abort the operation.

    The search by the police aimed to collect evidence related to Yoon’s attempt on Jan. 3 to obstruct the execution of an arrest warrant led by the Corruption Investigation Office for High-Ranking Officials and the police.

    To clarify the details about Yoon’s declaration of an emergency martial law on Dec. 3 last year, the police have attempted to conduct search and seizure operations at the presidential office and residence for several times, all of which ended without success.

    MIL OSI China News

  • MIL-OSI Australia: Aldinga Beach shark warning

    Source: New South Wales – News

    South Australia Police (SAPOL), in collaboration with partner agencies, is urging visitors to Aldinga Beach to be aware of increased local sightings of a great white shark.

    Representatives from SAPOL, the Department of Primary Industries and Regions SA (PIRSA), Department for Environment and Water (DEW), Department for Infrastructure and Transport (DIT), and Surf Life Saving South Australia (SLSSA) met this week to discuss additional risk mitigation measures.

    Currently, a fixed wing shark patrol is conducting routine flights between 9am and 5.30pm, which will sound a siren when a shark is sighted.

    Coinciding with the Easter long weekend, SAPOL’s Water Operations Unit and all partner agencies will have increased water patrols across inland and coastal locations and will pay particular attention to the Aldinga Beach area.

    “We want the public to enjoy our beautiful beaches, but to do so safely,” Senior Sergeant Andrew Suter from SAPOL’s Water Operations Unit said.

    “While authorities are monitoring the loitering shark in the vicinity of Aldinga Beach, we encourage beachgoers to be vigilant and adhere to all rules and regulations when on the water.”

    Dr Michael Drew, Research Scientist with the South Australian Research and Development Institute (SARDI) said white sharks can unpredictably visit the near-shore coastal waters of South Australia at any time of year.

    “The near-shore coastal marine environment is an important habitat for juvenile and sub-adult (<3-4m) white sharks as it provides access to preferred prey species, such as small-bodied sharks and rays, and larger fish species like Australian salmon and snapper,” he said.

    Beachgoers are reminded to be aware of their surroundings and to avoid swimming near food sources like large schools of fish.

    Swimmers should also consider not entering murky waters, deep channels, and areas next to deep water and river mouths.

    SLSSA will continue stationing members at Aldinga Beach, and in addition to routine club patrol coverage, will have one jet rescue boat dedicated to patrolling the southern beaches over the Easter long weekend. A secondary jet rescue boat will be available on northern metropolitan beaches.

    The southern SLSSA jet rescue boat will aim to provide coverage between 10am and 6pm.

    Up-to-date hazard alert information for all South Australian beaches is available to the public via the BeachSafe platform: https://beachsafe.org.au.

    BeachSafe is a nationally recognised tool that provides current information for every beach in Australia, including patrol services, hazards, and available facilities and weather conditions, swell, and tide information.

    The platform is designed to assist the public in selecting the most suitable and safe location for their beach visit. Should SLSSA receive reports of shark sightings over the weekend, it will promptly update the relevant hazard alerts to the affected beaches via BeachSafe.

    Additionally, PIRSA would like to remind the public that using blood, bone, meat, offal or animal skin (other than a fish, worm or insect) for berley is prohibited in SA waters and should be reported to the 24-hour Fishwatch hotline on 1800 065 522.

    Fishers are advised that gear restrictions for metropolitan shark fishing apply from Outer Harbor to Lady Bay Shacks, south of Normanville.  More information can be found at pir.sa.gov.au/fishing-sharks-rays or the Recreational Fishing App.

    More information about reducing the risk of shark interactions is available at pir.sa.gov.au/reducing-shark-risks

    For more information on boating rules and regulations, visit: South Australian boating safety handbook (marinesafety.sa.gov.au)

    Report any suspicious behaviour to SAPOL by calling 131 444.

    MIL OSI News

  • MIL-Evening Report: ‘We get bucketloads of homework’: young people speak about what it’s like to start high school

    Source: The Conversation (Au and NZ) – By Katherine Stevens, PhD Candidate, Education, Murdoch University

    Rawpixel.com

    Starting high school is one of the most significant transitions young people make in their education. Many different changes happen at once – from making new friends to getting used to a new school environment and different behaviour and academic expectations.

    What do young people think about this crucial time in their lives?

    In our new research we spoke to ten students in Year 7 at a co-educational school in Perth, Western Australia in 2023. Students were interviewed in Term 3 and asked to share their thoughts about what the move to high school was like. We used a focus group to allow young people to explore their thoughts in a supportive environment.

    Our current study is on a small scale. But it contributes to the growing body of research showing the importance of supporting students’ emotional wellbeing during school transitions.

    Big changes take time

    One of the key things students discussed was how it took time to adjust to high school.

    This included managing their time to fit in new study commitments, such as homework for multiple subjects. They also had to locate new classrooms: “trying to go around the school and find them was hard”.

    They noted how “different teachers have different rules […] so you gotta remember that and where you’re going”. Other students explained how there was “too much stuff for my brain to handle”.

    As another student talked about the pressure to be organised:

    It’s hard work going in from Year 6 primary school to Year 7. I can tell you that much. […] we’ve been expected from the first week to remember our timetable, be organised, not forget anything and know our classes […] it’s a lot of pressure and stress on you because we also get bucketloads of homework as well because we don’t get enough time to finish our work.

    Students spoke about needing time to adjust.
    Rawpixel.com

    Adjusting to new friendship dynamics

    Previous research has found when students start high school they are “more focussed on building new relationships and maintaining old friends”. They will then shift their focus to academic matters “later on”.

    Students in our study certainly discussed the importance of friends. Some students had looked forward to making new friends and were enjoying being able to “make some proper friends that you can actually have a proper relationship with”.

    Others spoke about their worries about not knowing anyone or having any friends (“I was always questioning myself. Am I going to make any friends?”). Others found their friendship groups changed from primary school (“I don’t talk to them as much […] it’s kind of not the same with them).

    Students also talked about how working out new friendships took time.

    you’ll find that yes, you might be friends […] but then you might find that they’re not the person who you thought they would be and you might not really want to be with them.

    A lot more work

    All students observed there was an increased workload of Year 7. Many students said they did not feel prepared for the volume of work and the time frames in which they were expected to complete it.

    Some students “found it stressful to keep on top of work”. For some “the homework load and the amount of tests that we have and assessments” were the least enjoyable features of high school. They said it felt like in Year 7, “everything is about academics”.

    But students also said they enjoyed being able to do a wider range of subjects. And the hands-on subjects such as cooking and design and technology helped them balance out more intense, academic subjects.

    Going from primary school to high school means friendships change – and it is a lot to navigate.
    Rawpixel.com/Shutterstock

    What can help Year 7s?

    While students outlined challenges about moving from Year 6 to Year 7, they also identified three things to help make the transition easier.

    1. A support network: students stressed it was important to have a support network, whether informally through fellow students, staff or a parent or formally with counselling. This is something schools can encourage with buddy groups or peer support.

    2. Extra time: students talked about the importance of teachers giving them extra time to complete work and to get used to new places and processes at high school. They were grateful to teachers who “let you develop in the classroom”.

    3. Transition programs: students said specific Year 7 transition programs – that prepare students for the new logistics and expectations – would also help. One student suggested a term in Year 6 should “replicate what it feels like to be in Year 7”.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. ‘We get bucketloads of homework’: young people speak about what it’s like to start high school – https://theconversation.com/we-get-bucketloads-of-homework-young-people-speak-about-what-its-like-to-start-high-school-254474

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Banking: Deputy Secretary-General of ASEAN for Economic Community attended the Trade Finance Registry (TFR) Dialogue

    Source: ASEAN – Association of SouthEast Asian Nations

    Deputy Secretary-General of ASEAN for Economic Community, H.E. Satvinder Singh, attended the Trade Finance Registry (TFR) Dialogue on 16 April 2025 in Jakarta, Indonesia.

    Convened by the Growth Gateway Programme Team, which consists of members from the UK’s Foreign, Commonwealth & Development Office (FCDO) and the Boston Consulting Group (BCG), the Dialogue fostered discussions and sharing of experiences among banks and financial technology providers on how to advance the development of a Trade Finance Registry. DSG Satvinder underscored the importance of TFR to support trade finance and highlighted ASEAN Secretariat’s readiness to facilitate engagement with dialogue partners to push the initiative forward for the ASEAN region.

    The post Deputy Secretary-General of ASEAN for Economic Community attended the Trade Finance Registry (TFR) Dialogue appeared first on ASEAN Main Portal.

    MIL OSI Global Banks

  • MIL-OSI Economics: ADB Provides Infrastructure for Ethnic Minorities in Phu Yen and Quang Tri

    Source: Asia Development Bank

    ADB and the Government of Viet Nam signed a $60 million financing package to upgrade and construct transport and water supply infrastructure in five upland districts with the highest concentration of ethnic minority communities in the central coastal provinces of Phu Yen and Quang Tri, Viet Nam.

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Amended trade union bill gazetted

    Source: Hong Kong Information Services

    The Trade Unions (Amendment) Bill 2025 was published in the Government Gazette today.

     

    The bill seeks to amend the Trade Unions Ordinance to strengthen the regulation of trade unions to safeguard national security and improve the trade union regulatory regime, thereby facilitating trade unions’ healthy development, the Government explained.

     

    The Labour Department further elaborated that the proposed amendments will strengthen the statutory powers of the Registrar of Trade Unions to supervise and regulate trade unions to better fulfil the duty of safeguarding national security under the National Security Law and the Safeguarding National Security Ordinance.

     

    At the same time, the amendments, giving due regard to Hong Kong residents’ freedom and right to form and join trade unions, will not adversely affect the operation of law-abiding trade unions, it stressed.

     

    The bill will be introduced into the Legislative Council for first and second readings on April 30. Subject to the passage of the bill, the amendment ordinance will come into operation on the expiry of six months after the day on which it is published in the Gazette.

     

    In the meantime, the department will further publicise and explain the amendments to trade unions in order to aid their understanding and compliance.

    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: Next steps on emergency ocean response capability

    Source: New Zealand Government

    The Government is considering next steps on developing an emergency ocean response capability and has contracted ocean-going tugboat ‘MMA Vision’ to provide assurance in the meantime, Minister of Transport Chris Bishop says.

    Last year Cabinet directed the Ministry of Transport and Maritime New Zealand to develop a business case that considers options to improve New Zealand’s maritime emergency ocean response capability, with a focus on the Cook Strait.

    “The Detailed Business Case recommends a “two-strike” solution. This would comprise a locally based (in the Cook Strait area) “first-strike” capability dedicated to quickly reaching and stabilising a stricken vessel in the Cook Strait, and a regionally based (for example, Port Taranaki) “second-strike” capability that could tow any stricken vessel in New Zealand back to port. 

    “Solutions would be procured by Maritime NZ as a service by entering into retainer contracts with commercial providers. The Crown would not directly purchase or own a vessel.

    “There have been 23 maritime incidents over the last five years where ready access to an emergency ocean response capability may have supported the response. However, it is worth noting that all these incidents were resolved with existing capabilities and vessels of opportunity, with most occurring outside the Cook Strait area. 

    “There have been several notable incidents in the Cook Strait area, including the Kaitaki loss of power (January 2023), Shiling loss of power (April 2023), Aratere grounding (June 2024), and Connemara loss of power (September 2024). The Connemara incident is the only clear example that a Cook Strait based first-strike capability would have improved the response.

    “The latest analysis also indicates the cost of a two-strike solution is significantly higher than initially thought.

    “The Government has decided to continue to explore procuring an emergency ocean response capability, on a predominantly user-pays basis. We are interested in testing the willingness of users (public and industry) to pay a levy to fund a permanent response capability. I have instructed officials to provide me with advice on the most effective approach and expect to hear back in the middle of the year.

    “To provide assurance while a long-term solution is worked through, the Government has contracted the services of ocean-going tugboat ‘MMA Vision’ through to June 2026. The tug is expected to arrive in Wellington tomorrow and will be based between the Cook Strait area and Taranaki.”

    Note to editor: The business case will be published on Maritime New Zealand’s website in the coming weeks.

    MIL OSI New Zealand News

  • MIL-OSI China: Xi’s Malaysia visit sets new milestone in bilateral ties, regional cooperation

    Source: China State Council Information Office

    Chinese President Xi Jinping, Malaysian King Sultan Ibrahim Sultan Iskandar, and Malaysian Prime Minister Anwar Ibrahim pose for a group photo in Kuala Lumpur, Malaysia, April 16, 2025. [Photo/Xinhua]

    Chinese President Xi Jinping’s ongoing state visit to Malaysia marks a significant step in strengthening China-Malaysia all-round cooperation as the two sides have agreed to work together to build a high-level strategic China-Malaysia community with a shared future.

    On Wednesday, Xi met with Malaysian King Sultan Ibrahim Sultan Iskandar and Prime Minister Anwar Ibrahim, respectively. Both sides emphasized their commitment to enhancing economic cooperation within the framework of the Belt and Road Initiative, and developing future industries such as artificial intelligence, digital economy and green economy.

    High-level exchanges

    When meeting the king, Xi said that China is ready to work with the Malaysian side to build a high-level strategic China-Malaysia community with a shared future, so as to usher in new “Golden 50 Years” for bilateral ties.

    China and Malaysia are good neighbors, good friends and good partners who visit each other as often as family, Xi said, adding that bilateral relations have gone through a magnificent half-century and are embracing an even brighter future.

    Xi called on the two sides to ensure good implementation of major projects such as the “Two Countries, Twin Parks” program and the East Coast Rail Link, and to actively foster cooperation in future industries such as artificial intelligence, digital economy and green economy.

    China supports Malaysia in its role as the 2025 ASEAN chair and stands ready to work with the country to implement the Global Development Initiative, the Global Security Initiative and the Global Civilization Initiative, Xi said.

    For his part, King Sultan Ibrahim expressed his belief that Xi’s visit will comprehensively upgrade bilateral relations and promote vigorous development of cooperation in various fields, adding that China’s impressive development achievements are attributable to the foresight of President Xi and the hard work of the Chinese people.

    Malaysia attaches great importance to its relations with China and will work with China toward win-win cooperation and promote the building of the high-level strategic China-Malaysia community with a shared future no matter how the international situation evolves, he said.

    Malaysia values regional economic integration, firmly supports the Belt and Road Initiative, and stands ready to strengthen trade and investment cooperation with China, jointly stabilize industrial and supply chains, enhance connectivity and boost people-to-people and educational exchanges, said the king.

    While meeting the prime minister, Xi urged joint efforts to resist decoupling, supply chain disruptions, “small yard with high fences” and arbitrary imposition of tariffs with openness, inclusiveness, unity and cooperation.

    He also called for responding to the law of the jungle with Asian values of peace, cooperation, openness and inclusiveness, and responding to an unstable and uncertain world with a stable and certain Asia.

    Thriving cooperation, flourishing ties

    China-Malaysia ties run deep. From the voyages of renowned Chinese navigator Zheng He in the 15th century to the establishment of diplomatic relations in 1974, and to the building of a community with a shared future today, the two countries have long enjoyed cultural affinity and strategic trust.

    During Xi’s 2013 visit, the two countries upgraded ties to a comprehensive strategic partnership. A decade later, the relationship was elevated again to a China-Malaysia community with a shared future.

    In a signed article published in Malaysian media ahead of his arrival, Xi said the decision on building the China-Malaysia community with a shared future marked “a new milestone in the bilateral relations.”

    “Our bilateral cooperation potential is being progressively realized in the digital economy, green development, industrial investment and transport infrastructure construction,” he wrote.

    As a vital node along the ancient Maritime Silk Road, Malaysia is among the first to participate in Belt and Road cooperation. Thanks to joint efforts and Xi’s steadfast push, bilateral collaboration within the framework has achieved many results.

    In 2024, China-Malaysia trade reached 212 billion U.S. dollars, nearly 1,000 times the level at the inception of diplomatic relations. China has been Malaysia’s largest trading partner for 16 consecutive years.

    On top of that, bilateral initiatives like the “Two Countries, Twin Parks” program, which pairs industrial zones in Qinzhou and Kuantan, have emerged as a model for regional collaboration. This partnership has spurred the expansion of port collaboration and infrastructure connection.

    A notable example is the East Coast Rail Link, a 665 km railway whose construction is in full swing. The railway, once completed, will bridge Malaysia’s less-developed east coast with its economic powerhouse on the west coast, enhancing connectivity and fostering balanced growth.

    Samirul Ariff Othman, an economist at Malaysia’s Universiti Teknologi PETRONAS, said, “the flourishing economic ties between Malaysia and China demonstrate the resilience and mutual benefits of our bilateral relationship.”

    “The continued expansion of investments in high-value sectors such as technology, green energy and manufacturing will further deepen our cooperation,” said Othman.

    Multilateral collaboration

    Experts believe that the significance of Xi’s visit goes beyond bilateral relations. “It will greatly impact ASEAN-China relations, injecting new momentum into regional development and stability,” said Ong Tee Keat, president of the Belt and Road Initiative Caucus for Asia Pacific.

    In the signed article, Xi noted that China was the first ASEAN dialogue partner to accede to the Treaty of Amity and Cooperation in Southeast Asia, and the first to establish a free trade area and a comprehensive strategic partnership with ASEAN.

    Bilateral cooperation between China and ASEAN is more robust than ever, he said, adding that in 2024, China-ASEAN trade exceeded 980 billion dollars, making the two sides each other’s largest trading partner for five consecutive years.

    According to China’s General Administration of Customs, ASEAN remained China’s largest trading partner in the first two months of 2025. During this period, trade between China and ASEAN countries reached a total of 1.03 trillion yuan, or 15.8 percent of China’s overall trade value.

    China fully supports Malaysia in its role as the ASEAN chair for 2025 and looks forward to Malaysia serving as a stronger bridge between the two sides as the country coordinator for China-ASEAN Dialogue Relations, Xi said.

    China will work with Malaysia and other ASEAN countries to combat the undercurrents of geopolitical and camp-based confrontation, as well as the countercurrents of unilateralism and protectionism, said the Chinese leader.

    “We must brave the waves ahead and advance the high-level strategic China-Malaysia community with a shared future, and jointly build a stronger China-ASEAN community with a shared future,” Xi said.

    MIL OSI China News

  • MIL-OSI Economics: Panasonic HD develops SegLLM, an interactive segmentation technology that allows for image referencing, enabling recognition under complex conditions

    Source: Panasonic

    Headline: Panasonic HD develops SegLLM, an interactive segmentation technology that allows for image referencing, enabling recognition under complex conditions

    Osaka, Japan, April 17, 2025 – Panasonic R&D Company of America (PRDCA) and Panasonic Holdings Co., Ltd. (Panasonic HD), in collaboration with researchers from the University of California, Berkeley (UC Berkeley), have developed SegLLM, an interactive segmentation technology that allows users to specify recognition targets using language and reference images.
    Segmentation is a technology that divides an image into multiple regions at the pixel level. By integrating with image recognition, it enables the detection of specific objects and accurately captures their position and shape. This makes it applicable to various fields, such as object recognition in factories, environmental recognition around vehicles and object manipulation by robots. Recently, in the field of image recognition, there has been an increasing use of large language models (LLMs) to specify recognition targets using text. However, when providing instructions interactively, if new instructions are based on objects recognized in past interactions, the text can become complex, leading to a higher likelihood of misrecognition. The newly developed SegLLM addresses this issue by allowing the input of both text and reference images into prompts, enabling the recognition of hierarchical relationships between objects and interactions among objects, even for untrained objects. It also makes it possible to recognize only specific objects in more complex scenes where there are many similar looking objects.
    This technology has been internationally recognized for its advanced capabilities and has been accepted at the International Conference on Learning Representations (ICLR 2025), a leading conference in AI and machine learning technologies. It will be presented at the conference held in Singapore from April 24 to April 28, 2025.

    Future Outlook:

    The newly developed SegLLM is a technology that significantly enhances the performance of interactive segmentation. Panasonic HD plans to implement this technology into the automatic annotation tool they are developing with FastLabel. By expanding the range of application to include targets that are difficult to detect with traditional text-only instructions, such as untrained objects or items held by specific individuals, this tool will evolve into a more versatile solution. Leveraging the characteristics of SegLLM, it can reduce training costs on-site in factories and production lines where a wide variety of instruments and tools exist. This will accelerate optimization in factories and similar environments through applications in Cyber-Physical Systems (CPS).
    Panasonic HD will continue to accelerate the implementation of AI in society and promote research and development of AI technologies that will contribute to improving our customers’ lives and workplaces.
    * [Press Release] Panasonic R&D Company of America Develops New Multimodal Foundation Model That Can Perform Image Recognition and Segmentation in Response to Any Text Input (Nov 21, 2023)https://news.panasonic.com/global/press/en231121-5

    Related Information:

    “SegLLM: Multi-round Reasoning Segmentation”This research is the result of a collaborative effort between Konstantinos Kallidromitis from PRDCA, Xudong Wang from UC Berkeley, and Yusuke Kato and Kazuki Kozuka from Panasonic HD.https://arxiv.org/abs/2410.18923Panasonic × AI websitehttps://tech-ai.panasonic.com/en/

    About the Panasonic Group
    Founded in 1918, and today a global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications, and energy sectors worldwide, the Panasonic Group switched to an operating company system on April 1, 2022 with Panasonic Holdings Corporation serving as a holding company and eight companies positioned under its umbrella. The Group reported consolidated net sales of 8,496.4 billion yen for the year ended March 31, 2024. To learn more about the Panasonic Group, please visit: https://holdings.panasonic/global/

    MIL OSI Economics

  • MIL-OSI New Zealand: Backing community-led biodiversity protection

    Source: New Zealand Government

    A $9.2 million investment into community-led biodiversity protection will benefit the environment and sustainable tourism, Conservation Minister Tama Potaka says. 

    The Department of Conservation – Te Papa Atawhai has chosen 20 groups who applied to the DOC Community Fund for support in protecting threatened species and ecosystems across Aotearoa New Zealand. A total of 291 groups applied for the 2025 funding round.

    “Our country’s natural beaty and rich biodiversity attracts visitors from around the world. Investing in biodiversity is great for the environment, good for tourism, and helps support economic growth that creates jobs and boosts incomes,” Mr Potaka says. 

    “Projects include supporting The Forest Bridge Trust to do landscape scale predator control, which will protect nationally critical tara iti and matuku-hūrepo up north of Auckland. With a population of fewer than 40, the tara iti is probably our most endangered indigenous breeding bird.

    “At the other end of the country, we are supporting the Hokonui Rūnanga in their goal of helping the nationally vulnerable kanakana/lamprey by identifying waterway issues.

    “Delivering better public services means prioritising high value initiatives that will deliver the greatest outcomes. The department selected projects most likely to have the greatest impact for biodiversity working with local communities, Iwi and Hapū,” Mr Potaka says.

    “In the Lower North Island, we are supporting the Manaaki Ruahine Trust to do predator control over 40,000 ha in Ngā Pae Maunga o Ruahine to support the recovery of nationally vulnerable whio and other threatened species.

    “We are supporting the Chatham Islands Taiko Trust to do predator control mahi over private and public land that will protect breeding habitats for the nationally critical Chatham Island tāiko.”

    The DOC Community Fund is a contestable Crown fund, open to community groups and private landowners to support community-led conservation projects on public and private land. It has invested $57.4 million into 769 community conservation initiatives since 2014.

    This year’s recipients and their related projects are available on the successful applications 2025 webpage.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Release: Inflation rises and families feel the squeeze

    Source: New Zealand Labour Party

    Inflation is rising again and it’s landing hardest on families already stretched thin.

    “For the second time this week, families already stretched by rising costs are hit with the news that prices are going up again,” Labour finance and economy spokesperson Barbara Edmonds said.

    “It’s not just grocery prices that are high, it’s rates and rents too.”

    On Tuesday, figures from Stats NZ showed food prices up 3.5 percent over the past year, with butter up a staggering 64 percent, milk up 16 percent, and meat up more than five percent. Now, new figures show that inflation is up across the board, including rates which have gone up 12.2 percent and rent, up 3.7 percent.

    “With the shift to final year fees-free, prospective students are also being hit with a 22.6 percent increase in the cost to study right now. Coupled with rents and food prices, it’s a particularly hard time to be a student,” Barbara Edmonds sai

    “The Government has spent billions on tax cuts but made life more expensive for people at the same time. The small amount each week is quickly eaten up by rising costs.

    “They scrapped free prescriptions, cancelled half-price public transport, and chose not to lift the minimum wage in line with inflation. These are their choices, and it’s made life harder for New Zealanders.

    “Nicola Willis also won’t say if she’s about to cut the Best Start or Winter Energy Payments. These are vital safety nets which help new parents pay the bills and older New Zealanders heat their homes in winter.

    “These price hikes occurred before U.S. tariffs hit and there’s a lot of uncertainty ahead. Families need reassurance and real support, not more cuts and complacency,” Barbara Edmonds said.


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    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Release: Boot camps blog post fails to provide clarity

    Source: New Zealand Labour Party

    After stonewalling requests for information on boot camps, the Government has now offered up a blog post right before Easter weekend rather than provide clarity on the pilot.

    “It’s been almost a year since Christopher Luxon and Karen Chhour celebrated the announcement of their boot camps experiment, and yet, we still don’t have any clarity on what exactly is going on,” Labour’s children’s spokesperson Willow-Jean Prime said.

    “What’s also worrying is the lack of transparency around a participant running away from the pilot. What went wrong – what lessons were learned? We still don’t know.

    “The Government was widely warned this experiment would fail. Decades of evidence shows this, and the Royal Commission uncovered the severe harm that’s happened before.

    When questioned last month, Karen Chhour effectively confirmed her office has been instructing officials to withhold information about the boot camps, which explains the empty update.

    “Christopher Luxon and Karen Chhour celebrated the pilot when it was first announced, and now that it’s failed, it’s been radio silence.

    “The Minister must stop stonewalling while she is pushing through legislation that will launch boot camps throughout the country.

    “If this pilot has failed, New Zealanders deserve to know – it’s their money being spent and their safety that’s at risk,” Willow-Jean Prime said.


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    MIL OSI New Zealand News

  • MIL-OSI Economics: Money Market Operations as on April 16, 2025

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 6,42,987.93 5.76 4.00-6.55
         I. Call Money 18,005.06 5.85 4.95-5.95
         II. Triparty Repo 4,28,281.20 5.71 5.38-5.99
         III. Market Repo 1,94,927.67 5.85 4.00-6.55
         IV. Repo in Corporate Bond 1,774.00 6.01 6.00-6.20
    B. Term Segment      
         I. Notice Money** 100.85 5.65 5.45-5.85
         II. Term Money@@ 625.00 6.10-6.10
         III. Triparty Repo 9,042.50 5.86 5.50-5.96
         IV. Market Repo 1,277.58 6.06 5.55-6.10
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo Wed, 16/04/2025 1 Thu, 17/04/2025 10,346.00 6.01
         (b) Reverse Repo          
    3. MSF# Wed, 16/04/2025 1 Thu, 17/04/2025 102.00 6.25
    4. SDFΔ# Wed, 16/04/2025 1 Thu, 17/04/2025 1,88,292.00 5.75
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -177844.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       7,998.94  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     7,998.94  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -1,69,845.06  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on April 16, 2025 9,25,756.95  
         (ii) Average daily cash reserve requirement for the fortnight ending April 18, 2025 9,31,571.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ April 16, 2025 10,346.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on March 21, 2025 1,11,247.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/120

    MIL OSI Economics

  • MIL-Evening Report: Want straighter teeth or a gap between? Don’t believe TikTok – filing them isn’t the answer

    Source: The Conversation (Au and NZ) – By Arosha Weerakoon, Senior Lecturer and General Dentist, School of Dentistry, The University of Queensland

    After decades of Hollywood showcasing white-picket-fence celebrity smiles, the world has fallen for White Lotus actor Aimee Lou Wood’s teeth.

    Wood was bullied for her looks in her youth and expressed gratitude for the positive comments she received about her teeth since appearing on White Lotus. She also joked that people shouldn’t take to drastic measures like filing teeth to copy her famous gap.

    But social media influencers are promising that teeth filing is a quick way to achieve a straight smile. Some influencers even use electric nail drills to cut gaps between their front teeth.

    A few of my patients admit to taking a nail file to “buff” or file jagged edges off their teeth. Many do this without understanding what they are cutting away.

    Here’s why you should think twice about filing your teeth at home, and why we as dentists or orthodontists occasionally resort to this.

    When might a dentist file a tooth?

    Dentists and orthodontists occasionally file a tooth’s enamel, known as enameloplasty, to conservatively smooth-down a chipped tooth, or even-out a smile.

    But adjustments to a person’s smile are minute, and always limited to the superficial enamel layer of the tooth.

    Why don’t dentists routinely file teeth?

    Dentists and orthodontists are particular about what and when we cut because teeth don’t grow back like fingernails or hair.

    So what is a tooth? A tooth is like an egg, with an outer diamond-like lustrous crystal enamel coat that envelops the hard yet springy dentine.

    The enamel and dentine envelop a central chamber – containing blood vessels, cells and nerves – called the pulp.

    The outer periphery of the pulp is surrounded by and nourishes special dentine-making cells called odontoblasts.

    The odontoblasts are similar to our bone-making cells but don’t have the capacity to regenerate. These cells eventually give way to age-related changes or trauma.

    Our enamel-making cells die when our teeth cut through our gums as children, which means we can no longer make new, or repair damaged, enamel.

    So damaged enamel or dentine on the outer surface of the tooth cannot self-repair.

    Cutting your teeth without sealing and filling them can leave the tooth exposed, destroying the previously well-insulated pulp and causing sensitivity and pain.

    Infections can occur because the bacteria from the plaque inside your mouth travels into the tooth and inflames the pulp.

    And just like a cut on your skin, the pulp inflames and swells as part of the healing process. But your pulp is encased in a hard enamel-dentine chamber, so it has no room to expand and swell, leading to a throbbing toothache.

    What can you do if you want to change your teeth?

    You can change your smile without compromising the integrity of your teeth. Dentists can even create or close gaps.

    And we will always offer conservative options, including “no treatment”, to keep as many of your teeth whole and healthy as possible.

    Sometimes, your dentists and or orthodontists may offer options to:

    • use braces to move teeth. Moving teeth can create a different smile, and sometimes change the shape and position of your jaws, lips and cheeks

    • whiten teeth to remove superficial stains to make your smile look more visually even

    • adapt white resin fillings or veneers to add and change the shape of teeth, with little or no tooth cutting required.

    If you’re concerned about the look of your teeth, talk to your dentist or orthodontist about options that won’t damage your teeth and make them last the distance.

    Don’t forget that Aimee Lou Wood’s iconic smile makes her stand out from the crowd. Your smile is what makes you special, and is part of who you are.

    Arosha Weerakoon is a member of the Australian Dental Association and Fellow of the Royal Australasian College of Dental Surgeons. She is the Deputy Chair of the Country to Coast Queensland Clinical Advisory Council. Arosha is a Colgate Advocate for Oral Health. In this role, she promotes professionalism to her peers. She is the principal and owner of a general dental practice.

    ref. Want straighter teeth or a gap between? Don’t believe TikTok – filing them isn’t the answer – https://theconversation.com/want-straighter-teeth-or-a-gap-between-dont-believe-tiktok-filing-them-isnt-the-answer-253931

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: How to tackle the ‘gender play gap’: 4 ways to encourage young women back into sport

    Source: The Conversation (Au and NZ) – By James Kay, PhD Candidate at the College of Education, Psychology and Social Work, Flinders University

    matimix/Shutterstock

    Women’s sport has recently enjoyed unprecedented success in Australia.

    We have seen the Matildas sell out 16 successive home games, a world-record attendance for a women’s Test cricket match at the MCG, and women athletes contribute 72% of Australia’s gold medal tally at the Paris Olympics.

    However, against the backdrop of these successes, women and girls continue to participate in community sport at lower rates than boys and men, a phenomenon known as the “gender play gap”.

    What is the ‘gender play gap’?

    The gender play gap is the difference between the number of women and girls participating in sport compared to the number of men and boys.

    The gap exists from a very young age, with Australian government data showing nearly 30% more boys aged 0–14 participate in club or association sport than girls.

    The gap closes to just 2% between the ages of 15–17, but then explodes to 43% for those aged 18–24.

    Although the gap grows and shrinks at various points, it is consistently in favour of more men and boys participating in organised sport than women and girls.

    Trying to find answers

    Together with colleagues at Flinders University, we are currently working with the South Australian government to research how to close this gap.

    The first stage found there isn’t enough research attention to this area. Of the 3,000+ studies included in a global literature search, only five focused on increasing rates of sport participation in young women.

    We then conducted a large-scale qualitative study which uncovered the following reasons why young women drop out of sport, and often do not re-engage.

    1. Sport stops being fun

    Social experiences in sport are central to girls’ enjoyment and long-term participation. While friendships keep them engaged, negative team dynamics, exclusion and club politics can push them away.

    2. A lack of genuine equality

    Although progress in gender equality has been made, young women still struggle to have the same access to facilities and quality coaching as males. Typically, women and girls prefer women coaches who can relate to their experiences, yet women remain underrepresented in these roles.

    3. They have too much on their plates

    Schoolwork, part-time jobs and social lives compete for young women’s time, and many feel overwhelmed by increasing training commitments and school demands. In addition, girls as young as 13 are promoted to senior-age teams, which adds pressure and can break the social bonds with their peers.

    4. They lose competitive opportunities

    Although some young women enjoy a more relaxed, social approach to sport, others really value structured training and competition. Many girls end up dropping out because the competitive opportunities for them are not of the same standard as those available to boys. Some sports have fewer games per season for girls, or a shorter finals series than for boys.

    How can we close the gap?

    Sport participation efforts have typically focused on recruitment of new participants and retention of existing participants.

    With so many young women dropping out of sport during adolescence, a renewed focus on re-engaging these previous participants may help to close the gender play gap.

    Dropout is often considered a failure and a negative endpoint of a sport participation journey. However, there is a growing sentiment in sport research that transitioning out of sport temporarily may be necessary for some adolescents’ development.

    It is okay for anyone to take a break from sport, but the sport needs to make it easier for them to return when they are ready. The key is to make re-engagement easy and appealing.

    Re-engagement programs should be distinctly different from those aimed at new participants, and should revolve around the following key areas:

    1. Targeted promotion and communication

    Often, young women do not return to sport because they’re not aware of available opportunities if they return. Sport organisations should highlight programs that cater to those who want to start playing again, as well as those aimed at new participants.

    2. Strengthen social connection

    Young women are more likely to return to sport if they feel a sense of belonging and connection and have opportunities to create friendships outside of school. Programs that can foster strong social bonds while maintaining a focus on competition and skill development are most likely to be effective.

    3. Champion equity and inclusion

    Gender equity must be a priority for all sport organisations, with all genders having equitable access to high-quality training and competition.

    4. Future-proofing

    To achieve long-term gender equality in sport, organisations must actively future-proof their programs by encouraging women’s and girl’s leadership and providing young women with same-gender role models. By embedding gender equity into policies, coaching pathways and community engagement, sport organisations can create a more sustainable and welcoming environment for young women.

    What’s next?

    Despite the success of women’s sport in recent years, we have a long way to go to achieve genuine gender equality in sport.

    Rather than relying on one-size-fits-all approaches to participation, sport organisations should adopt a targeted approach that may narrow the gender play gap and progress towards a more equitable sport participation landscape.

    James Kay receives funding from the Office for Recreation, Sport and Racing, South Australia.

    Sam Elliott receives funding from the Australian Sports Commission, the Office for Recreation, Sport and Racing, the South Australian National Football League, and the MRFF.

    ref. How to tackle the ‘gender play gap’: 4 ways to encourage young women back into sport – https://theconversation.com/how-to-tackle-the-gender-play-gap-4-ways-to-encourage-young-women-back-into-sport-251353

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: 1 in 6 New Zealanders is disabled. Why does so much health research still exclude them?

    Source: The Conversation (Au and NZ) – By Rachelle Martin, Senior Lecturer in Rehabilitation & Disability, University of Otago

    Getty Images

    Disabled people encounter all kinds of barriers to accessing healthcare – and not simply because some face significant mobility challenges.

    Others will see their symptoms not investigated properly because it’s assumed a problem is related to their disability rather than another medical condition. Or they will have decisions made for them rather than with them.

    This often means they experience worse – and avoidable – outcomes compared to others. But despite this, health research – which is meant to reduce these disparities – frequently excludes disabled people.

    For instance, a 2023 global review of 2,710 clinical trials found 35% reported excluding disabled individuals specifically. Researchers sometimes assume (without a good ethical or scientific reason) that disabled people can’t give consent, don’t meet the study criteria, or will struggle to follow instructions and collaborate.

    Even when researchers are more inclusive, their plans can fail to account for the difficulties disabled people face with travel, communication and physical access. All of which makes it harder for them to participate.

    This creates a vicious circle. Health research is vital for shaping the policies, treatments and community interventions that underpin modern healthcare. However, for disabled people, who make up one-sixth of the national and global population, too much research does not reflect their experiences and needs.

    Beyond clinical and scientific research

    The active participation by disabled people in health research is good science, good economics and the right thing to do. When people with lived experience contribute to the design and delivery of health care and research, it means services are used more and fairer outcomes are achieved.

    But this is far from the reality in Aotearoa New Zealand and around the world. Scientific and clinical research is still often viewed as being more important than research addressing the needs of patients and people, as prioritised by them.

    There is increasing interest in public and patient involvement in health services, and to a lesser extent health research. But this is not sufficiently embedded or formalised. Research priorities are still set primarily by clinicians and medical researchers.

    Most funding still goes to research investigating the causes, genetics and treatment of health conditions. And while these are important to study, there is still too little research focused on how people can live well with disability.

    A recent review of research funding for autism, for example, found the most money and number of grants were awarded to biological research. But a survey of about 500 people from New Zealand’s autistic and autism communities found people wanted more research into their mental health, wellbeing and practical skills development.

    If research aims to improve health outcomes for everyone, it must involve all populations – particularly those most at risk of poorer health outcomes.

    This extends beyond people with disability to include all marginalised and often excluded communities. But this kind of change will need action at different levels of research, and to be led by researchers themselves. The rules and funding systems must also support a more inclusive approach.

    Practical steps to make a difference

    Some of the key strategies needed to ensure health research becomes more representative, ethical and effective have been outlined by the Disability Inclusion in Research Collaboration, a global network of researchers:

    • Making sure disabled people are visible in research grant applications: funding bodies must actively require and reward the inclusion of disabled participants in health research studies.

    • Including disability perspectives from the very start: disabled people should be involved in formulating research questions, designing studies and advising on accessibility measures.

    • Ensuring disabled people are research participants whenever possible: researchers must clearly explain and justify any exclusion criteria related to disability, which need to be grounded in legitimate safety or ethical concerns rather than mere assumptions.

    • Making it routine to report on disability status: research studies should use data to identify, track and report on participants’ disability status, so it is easier to monitor inclusion efforts and outcomes.

    By committing to these basic measures, health research can become more representative, ethical and effective. It will also help the research produce insights relevant to a broader range of people, ultimately leading to stronger and fairer healthcare systems.

    This is about more than justice for disabled people. It is about ensuring medical research achieves its true purpose: to improve health for everyone.

    Rachelle A Martin receives funding from the NZ Health Research Council.

    Kaaren Mathias receives funding from the Health Research Council and CURE Kids.

    ref. 1 in 6 New Zealanders is disabled. Why does so much health research still exclude them? – https://theconversation.com/1-in-6-new-zealanders-is-disabled-why-does-so-much-health-research-still-exclude-them-254280

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