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Category: Asia Pacific

  • MIL-OSI Australia: Funding to support Canberra’s tourism and hospitality businesses

    Source: Northern Territory Police and Fire Services

    James Souter and Alice O’Mara will use the funding to expand Beltana Farm.

    The ACT Government’s Tourism Product Development Fund will support 15 local businesses this year.

    These businesses will receive a share of close to $500,000 in funding to enhance what they can offer customers.

    Developing better visitor experiences

    The fund encourages co-investment in the tourism, hospitality and events sectors through:

    • infrastructure
    • products
    • experiences.

    Having better visitor experiences in Canberra can help boost the local economy and create jobs.

    It also enhances Canberra’s reputation as a tourism destination.

    Growing Beltana Farm

    Beltana Farm in Pialligo is one successful recipient this year.

    The small business will receive $100,000 to help it expand.

    This will go towards a shop focused on the truffle industry and other local produce. The farm will also add a training and tasting room.

    “Thanks to the support from the Tourism Product Development Fund, we have been able to expand our business offerings, turning our farm into a multifaceted destination,” Beltana Farm owner Alice O’Mara said.

    “Visitors will soon be able to enjoy engaging experiences complemented by curated farm tastings and a boutique shopping experience featuring our farm-made products as well as other Canberra-made produce and items.”

    A wide range of recipients

    Other recipients from this round include:

    • Canberra Glassworks – $10,000 to upgrade their public sound system.
    • National Capital Educational Tourism project – $50,000 for the addition of The Dinosaur Museum and Canberra Glassworks to the Book Canberra Excursions booking platform.
    • High Country Hikes – $11,000 to for the purchase of a vehicle to establish a new walking tour.
    • Gang Gang Cafe – $38,659 for upgraded outdoor dining infrastructure to host live music and cultural events.
    • Abode – The Apartment Hotel Murrumbateman – $25,000 to develop a conference space.
    • Yarralumla Play Station – $30,000 to build ‘The Canberra Maze’.
    • Share-A-Bike – $35,000 to establish a Lakeside Bike Hire pop-up bicycle rental facility.
    • Wilma – $20,000 to establish the new Canberra Region Wine Room.
    • Australian Outward-Bound Foundation – $10,000 for the purchase of a larger bus for transportation.
    • Capital Brewing Co. – $25,000 for the enhancement of an outdoor seating structure.
    • Canberra Racing Club – $25,000 for the installation of Wi-Fi at Thoroughbred Park.
    • Lunetta Trattoria – $20,000 for revitalisation of the Red Hill ground floor kiosk into a modern wine bar.
    • Midnight Hotel – $20,000 to establish the ‘Mark’ brand art hub.
    • The Truffle Farm – $80,000 to construct an additional luxury cabin.

    The fund’s background

    The Tourism Product Development Fund was set up in 2021 to help Canberra’s tourism sector recover after COVID.

    Its success in supporting local businesses and helping the recovery of the local visitor economy has seen it continue.

    Over three years, the program has invested over $4 million in total funding (this includes matched funding from the recipients).

    Some past recipients include: Squeaky Clean, Big River Distillery, Mount Majura Wines, Edgar’s and The Jetty for the enhancement of food and beverage spaces; Go Boat for Go Boat Charters; Australian National University Mt Stromlo Observatory for an astro tourism facility; Dynamic Motivation, Cycle Canberra and Woodlands & Wetlands Trust for Mountain E-bike Tours in Canberra; Cubby and Co for new vineyard accommodation; Capital Woodland and Wetlands Conservation Association for the development of the Majura Treetops Adventure Park; The Canberra Distillery for a distillery education facility.


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    MIL OSI News –

    April 10, 2025
  • MIL-OSI: VelocityEHS Named a 2025 USA TODAY Top Workplaces Winner

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 09, 2025 (GLOBE NEWSWIRE) — VelocityEHS®, the global leader in EHS & ESG software solutions, is proud to announce its recognition as a 2025 USA TODAY Top Workplaces winner. This prestigious award, based entirely on employee feedback collected through the Energage Workplace Survey, highlights VelocityEHS’s dedication to fostering a culture of collaboration, innovation, and employee well-being.

    “At VelocityEHS, our people are the driving force behind our success,” said Rachel Kaiser, SVP and Chief People Officer at VelocityEHS. “Being recognized as a USA TODAY Top Workplace affirms our commitment to fostering an environment where employees feel empowered to make a meaningful impact every day.”

    More than 42,000 organizations were invited to participate in the Top Workplaces USA survey, which recognizes organizations with 150 or more employees that have established outstanding workplace cultures. Winners are selected solely based on employee feedback gathered through Energage’s employee engagement survey, which measures core statements including benefits and pay, feelings of respect and support, opportunities for growth and development, empowerment to execute, overall engagement, and more.

    “Earning a Top Workplaces award is a true mark of distinction because it comes directly from employees,” said Eric Rubino, CEO of Energage. “In today’s competitive landscape, fostering a workplace where employees feel heard and valued is essential. Top Workplaces achieve this, and the benefits are immeasurable.”

    For more insights and company updates, visit the VelocityEHS press page.

    About VelocityEHS

    Relied on by over 10 million users worldwide, VelocityEHS is the global leader in true SaaS enterprise EHS & ESG technology. The VelocityEHS Accelerate® Platform sets the industry standard, delivering best-in-class software solutions for Safety, Ergonomics, Chemical Management, and Operational Risk. Additionally, VelocityEHS offers world-class applications for Contractor Safety & Permit to Work, Environmental Compliance, and ESG.

    The VelocityEHS team boasts unparalleled industry expertise, with more certified professionals in health, safety, industrial hygiene, ergonomics, sustainability, AI, and machine learning than any other EHS software provider. Recognized as a Leader in the Verdantix 2025 Green Quadrant Analysis, VelocityEHS continues to drive innovation and thought leadership in the EHS industry. The company’s stringent security protocols, including SOC 2 Type II attestation, ensure the highest levels of privacy and data protection.

    Headquartered in Chicago, Illinois, VelocityEHS has additional locations in Ann Arbor, Michigan; Tampa, Florida; Oakville, Ontario; London, England; Perth, Australia; and Cork, Ireland. For more information, visit www.EHS.com.

    About Energage

    Making the world a better place to work—together.™ Energage is a purpose-driven company that helps organizations transform employee feedback into actionable insights and credible employer recognition through Top Workplaces. Backed by 18 years of culture research and insights from 27 million employees across 70,000 organizations, Energage provides the industry’s most accurate competitive benchmarking. With patented analytics and expert guidance, Energage enables companies to foster engaged workplaces and gain recognition for their commitment to culture.

    For more information or to nominate your organization, visit energage.com or topworkplaces.com.

    Media Contact
    Jennifer Sinkwitts
    jsinkwitts@ehs.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI United Nations: Special Envoy for Road Safety in Mauritius, Madagascar and Eswatini to support initiatives to increase road safety

    Source: United Nations Economic Commission for Europe

    The United Nations Secretary-General’s Special Envoy for Road Safety, Jean Todt, will visit Mauritius, Madagascar and Eswatini from 8 to 16 April 2025 to support global and national authorities’ road safety initiatives. In particular, the Special Envoy will launch locally the UN Global Campaign for Road Safety #MakeASafetyStatement, developed in partnership with JCDecaux.  He will also join the 2025 Kofi Annan Road Safety Award to be held in Eswatini on 14-15 April.  

    The Special Envoy will meet members of the Government as well as representatives of the private and public sectors two months after the Declaration of Marrakesh where Member states further committed to accelerate efforts for achieving the Decade of Action for Road Safety‘s goal of halving the number of the victims on the road by 2030. 

    The Silent pandemic on the road 

    The Special Envoy Jean Todt qualified road crashes as “The Silent Pandemic on the Road”. Indeed, every year, the staggering toll of road-related fatalities globally claims the lives of 1.19 million people, leaving 50 million others with severe injuries. Furthermore, road crashes are the leading cause of death for children and young adults aged 5–29 years.  

    Road crashes are disproportionately high in Africa compared to other regions of the world. The continent loses annually over 300,000 people through road crashes, even though its countries are witnessing the lowest levels of motorization in the world. Africa has a traffic fatality rate of 19.5 deaths per 100,000 people compared to 16 deaths per 100,000 in Southeast Asia, and 6.5 deaths per 100,000 in Europe.  

    “Africa is the continent proportionately most affected by road crashes. Knowing that these affect the youngest first, beyond the human tragedy this is an economic devastation sacrificing or invalidating for life the active force of a country. While the vaccine to avoid this carnage on the road exists, I urgently call on everyone to use it.” — United Nations Secretary-General’s Special Envoy for Road Safety, Jean Todt. 

    Thirty-eight percent of all African road traffic fatalities occur among pedestrians while 43 percent occur among car occupants. Motorized 2-3 wheelers and cyclists account for 7 percent and 5 percent of Africa’s traffic deaths respectively. A significant proportion of road fatalities on the continent occur in urban areas.  Furthermore, the ongoing improvement of the quality and coverage of Africa’s roads will increase crashes on the continent if it is not accompanied by appropriate road safety measures.  

    Towards enhanced road safety in Mauritius 

    The fatality rate in Mauritius is 10/100,000 inhabitants (WHO 2023). There is an increase in motorcycles crashes. Under the leadership of the Minister of Land Transport of Mauritius, Hon. Osman Mahomed, a series of 16 measures aiming to improve road safety are being envisaged in the country. Among these: re-introduction of the “Penalty Point System”; introduction of the Graduated Licensing System; helmets for sale for motorcycles of or exceeding a capacity of 50 cubic centimeters should be in accordance with set standards and be made mandatory; road safety education in schools; stringent enforcement by the Police or ERS -Transport Squad with regular crack down operations at night. 

    Men are the most affected, representing 89% of fatalities.Women are mostly victims as pedestrians (64%) and passengers (21%), while men die on motorcycles (35%) and as pedestrians (28%), with an average of 9% each as drivers, cyclists, passengers and passengers on the back (2023 figures, Le Mauricien).  

    “The current Government will implement the necessary projects and initiatives to make our roads safer as we expand and modernize our land transport” highlights Minister of Land Transport Osman Mahomed. 

    Safer roads for economic growth in Madagascar 

    The fatality rate in Madagascar is 22.5/100,000 inhabitants (WHO 2023). Poor maintenance and erosion have rendered a significant portion of the road network (mostly unpaved) unsafe (UNEP 2024). Madagascar has one of the least developed road networks in the world. Transport has been widely recognized as a barrier to the provision of and access to health services in rural areas. Madagascar’s overall poor infrastructure is negatively affecting its economic growth and development opportunities.  

    While 70 percent of primary roads are in good condition, about two-thirds of secondary and tertiary roads are estimated to be in poor condition (WB, 2018). There is a high risk of motorcycle crashes in Madagascar, due to the poor state of roads and the non-use of helmets responding to UN safety standards. When we know that quality helmets reduce the risk of death by over six times and reduce the risk of brain injury by up to 74% (WHO 2021), it is urgent to act to stop the carnage on the road. 

    “By 2030, Madagascar aims to halve road deaths and injuries, in line with Sustainable Development Goal 3.6. This ambition falls into a dynamic of profound transformation: build infrastructures respectful of international standards, promote the introduction of new safer vehicles, strengthen technical inspection procedures, and integrate road safety into national education programs. We are also determined to provide training for those involved in the sector, and to ensure more humane and effective assistance of accident victims” highlights Valéry Manambahoaka RAMONJAVELO – Ministry of Transport and Meteorology. 

    Toward vision zero victim on the road In Eswatini 

    The fatality rate in Eswatini is 25/100,000 inhabitants (WHO 2021), affecting first children as well as the most productive age group (15-49 years old). Road crashes impose huge constraints on Eswatini ’s economy, up to 10.8% of GDP (Eswatini National Road Safety Strategy 2023-2030). The Kingdom of Eswatini ratified in 2020 the African Union Road Safety Charter with the vision zero fatal and serious injury on Eswatini’s roads by 2063.  Drink-driving, speeding and overloading, in this order, are the major causes of accidents on the country’s roads. (Times of Swaziland). 

    The Kingdom of Eswatini is making efforts to substantially enhance road safety, with an ongoing road safety legislative reform. The Kingdom has also established a Center of Excellence in Road Safety. In addition, Eswatini is fostering South-South cooperation with other African countries and partners on transport and road safety. 

    The Kofi Annan Road Safety Award

    The Kofi Annan Road Safety Award, organized by the Kofi Annan Foundation, in collaboration with UNECA and the Ministry of Transport of Eswatini, will be in the form of certificates of recognition delivered to governments, the private sector or civil society organizations that have made outstanding contributions to road safety in Africa.   

    This year the following countries will receive awards: Cameroon (Innovation & Digitalization), Ethiopia (Public Transportation/Modal shift), Kenya (Safer Vehicles), Nigeria (Road Safety management), Senegal (Road safety financing), South-Africa (post-crash care). 

    MIL OSI United Nations News –

    April 10, 2025
  • MIL-OSI Asia-Pac: Influenza vaccines safe, effective

    Source: Hong Kong Information Services

    Influenza vaccines currently used in Hong Kong are safe and effective, and the side effects of flu vaccines are usually mild and transient, the Centre for Health Protection said today.

    The centre made the statement in response to media enquiries on the safety of the influenza vaccine.

    Centre for Health Protection Controller Dr Edwin Tsui noted the influenza vaccination has been scientifically proven to be one of the most safe and effective ways to prevent seasonal flu and its complications, and can significantly reduce the risk of hospitalisation and death from seasonal influenza, adding that Hong Kong has established a pharmacovigilance system to monitor adverse events following immunisation.

    He pointed out that in the past five years, over eight million doses of the influenza vaccine have been administered and there have been no deaths reported after vaccination.

    Except those with known contraindications, all people aged six months and above, particularly those who have a higher risk of getting infected with influenza and developing complications, such as the elderly and children, should receive the seasonal flu vaccine every year.

    Dr Tsui said: “Severe cases related to seasonal influenza involving adults and cases of severe paediatric influenza-associated complication recorded in the recent flu season were significantly lower than in the influenza season before the COVID-19 pandemic. We believe that this is the result of the general public’s willingness to receive the seasonal influenza vaccine.”

    Local data showed that the rate of severe influenza complications among children who did not receive the seasonal influenza vaccination of the current season is about four times that of vaccinated children.

    Among the elderly, the rate of severe influenza including death among residents of the residential care homes aged 65 years or above who did not receive seasonal flu vaccination of the current season is 2.3 times that of vaccinated residents.

    The data highlighted the important protective role of seasonal influenza vaccination against severe infection and death.

    Dr Tsui noted that influenza vaccines currently used in Hong Kong, including inactivated influenza vaccine (IIV), recombinant influenza vaccine (RIV) and live-attenuated influenza vaccine (LAIV), are safe and effective.

    Traditional IIV has been used for decades. The vaccine has proven to be safe and reliable through repeated testing and quality assessment. The safety of the newer LAIV and RIV is comparable to that of IIV.

    He added that the World Health Organization has also indicated that vaccination is the most effective means to prevent serious illness arising from flu.

    The side effects of influenza vaccines are usually mild and transient, and the most common include pain and redness at the injection site. Some recipients may experience fever, chills, muscle pain and tiredness. Severe adverse reactions to influenza vaccines are very rare.

    MIL OSI Asia Pacific News –

    April 10, 2025
  • MIL-OSI USA: Angola exported more liquefied natural gas to Europe and less to Asia in 2022 and 2023

    Source: US Energy Information Administration

    In-brief analysis

    April 9, 2025


    Angola exported more liquefied natural gas (LNG) to Europe and less to Asia in 2022 and 2023, according to estimates from the Statistical Review of World Energy, when Europe increased LNG imports to offset reduced natural gas imports by pipeline from Russia following the outbreak of the Russia-Ukraine war.

    Prior to 2022, most of Angola’s LNG exports went to the Asia-Pacific region, primarily India. In 2023, however, Europe received 75% of Angola’s total 175 billion cubic feet (Bcf) of LNG exports; France and the United Kingdom were the largest recipients in Europe, taking about 32 Bcf and 28 Bcf, respectively, in 2023. The Asia-Pacific region received the remaining 25%, with India receiving the most at about 35 Bcf for the year.


    Most of the natural gas produced in Angola is associated gas produced at its offshore oil fields. However, a substantial amount of that natural gas is flared as a byproduct of oil operations or is reinjected into oil fields to increase oil recovery. Angola does not import any natural gas because it produces enough natural gas to meet domestic demand. The natural gas that Angola does not consume or flare domestically is exported in the form of LNG.

    Angola LNG Limited (ALNG) owns and operates Angola’s sole LNG export terminal in Soyo, which has a liquefaction capacity of 250 Bcf per year. The LNG facility produced its first cargo of LNG in 2013, but it subsequently shut down as a result of technical failures and did not restart operations until 2016. The LNG facility uses associated gas produced at Angola’s offshore fields as feedstock, and ALNG also plans to draw additional supplies from non-associated gas projects. One such project is the Northern Gas Complex, where operator Eni plans to begin production from the Quiluma and Maboquerio fields in 2026.

    The Northern Gas Complex is Angola’s first non-associated gas project, and Eni aims to develop two offshore platforms, an onshore natural gas-processing plant, and pipelines to transport natural gas from the two fields to the Angola LNG terminal in Soyo. The Northern Gas Complex is expected to reach peak production of about 141 Bcf per year.

    For more on Angola’s energy sector, please see the latest version of the Country Analysis Brief: Angola.

    Principal contributor: Eric Han

    MIL OSI USA News –

    April 10, 2025
  • MIL-OSI China: MOFA response to Japanese Chief Cabinet Secretary Hayashi expressing concern over China’s military exercises around Taiwan

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to Japanese Chief Cabinet Secretary Hayashi expressing concern over China’s military exercises around Taiwan

    April 2, 2025  

    At a regular press conference on April 1, Japanese Chief Cabinet Secretary Yoshimasa Hayashi stated that peace and stability across the Taiwan Strait were paramount to Japan and the entire international community. Mr. Hayashi made the comments while addressing China’s military drills around Taiwan, stating that Japan had reaffirmed its position to China during a recent bilateral meeting between their foreign ministers. He emphasized that the Japanese government would continue to closely monitor developments arising from China’s increasing military activities around the Taiwan Strait in recent years and added that Japan would make comprehensive response preparations. 

     

    When China twice launched Joint Sword-2024 military exercises targeting Taiwan last year, unilaterally raising tensions across the Taiwan Strait, the government of Japan promptly and directly expressed its misgivings and concerns to China. Following China’s latest military drills around the Taiwan Strait, Japan has once again immediately conveyed its concerns to China and publicly emphasized the importance of cross-strait peace and stability.

     

    Minister of Foreign Affairs Lin Chia-lung affirms and appreciates the Japanese government for immediately and openly expressing concern following China’s launch of military exercises designed to intimidate Taiwan, as well as for emphasizing a consistent stance on preserving peace and stability across the Taiwan Strait. The Ministry of Foreign Affairs (MOFA) strongly urges China to return to reason, exercise self-restraint, and immediately cease unilateral actions that are detrimental to cross-strait peace and regional stability and prosperity. MOFA is pleased that the United States, Japan, and other democratic nations, as well as the European Union, are steadfastly and jointly adopting preventive measures to counter the threat that authoritarian expansion poses to global peace and stability. Taiwan will demonstrate its determination to strengthen resilience and self-defense capabilities and resist China’s rhetorical and military intimidation. It will also cooperate with like-minded partners to ensure peace, stability, and prosperity across the Taiwan Strait and throughout the Indo-Pacific.

    MIL OSI China News –

    April 10, 2025
  • MIL-OSI: Immunefi Partners with Runtime Verification and Integrates World-Class Formal Verification into Magnus

    Source: GlobeNewswire (MIL-OSI)

    Singapore, April 09, 2025 (GLOBE NEWSWIRE) — Immunefi, the leading onchain security platform protecting over $190 billion in user funds, today announces Runtime Verification (RV) as the first official partner of its Magnus platform. RV is bridging its world-class formal verification services directly to Magnus, enhancing the platform’s unified security offering for complete onchain protection.

    Onchain security today is fragmented, siloed, and often dependent on manual workflows, leaving protocols exposed to threats. Magnus changes this by unifying every layer of the onchain security stack into one seamless platform — from audits and bug bounties to monitoring, firewalling, and now, formal verification.

    “We are thrilled to bring Runtime Verification, a leader in formal verification, to Magnus. By integrating their world-class capabilities into our platform, we’re ensuring that every layer of Web3 security is powered by top-tier expertise. With Magnus, we’re not just unifying security, we’re equipping protocols with the most comprehensive security solution, backed by the best tools at every stage,” said Mitchell Amador, Founder and CEO of Immunefi.

    “I’m excited to be working side-by-side with the team at Immunefi to bring the next generation of security to web3 developers! With the unified and integrated approach to security that Magnus puts forward, the wealth of data that Codexa provides, and the power of combining AI and formal reasoning tools, I’m sure that we will make web3 security a breeze, even for newcomers,” said Everett Hildenbrandt, CEO of Runtime Verification.

    Formal Verification in Magnus: An Onchain Best Practice In Real Time 
    RV is a leader in formal verification, the process of ensuring a system meets its specifications. Since smart contracts are immutable once deployed, formal verification provides an essential layer of assurance that the code behaves as intended under all conditions, reducing the risk of vulnerabilities that could be exploited by attackers. RV solutions include:

    • Formal Verification that goes beyond traditional code reviews
    • Advanced Symbolic Execution for deeper security insights
    • Developer Tools for verification, debugging, and fuzzing

    With tools such as Kontrol and Simbolik already advancing the state of the art, RV’s formal verification capabilities will now power Magnus. Verification results, audit reports, and bug fixes can be seamlessly integrated into Magnus, feeding into its automations, alerts, and intelligence. This results in a more robust security posture, as RV data directly enhances Magnus’ SecOps automations.

    Immunefi has paid out over $115 million in rewards to security researchers and helped avert more than $25 billion in potential hack damage. Building on this unmatched experience and track record, Immunefi’s Magnus bridges the gap between fragmented security solutions by creating a unified platform for security operations. Magnus allows protocols to easily launch bug bounties, conduct audit competitions, and proactively stop threats through an automation engine powered by the industry’s best vulnerabilities dataset.

    Sign up for early access to Magnus now, here.

    About Immunefi
    Immunefi is the leading onchain security platform, working with ground-breaking protocols such as Chainlink, Ethereum Foundation, Optimism, Arbitrum, and many more. Our latest product, Magnus, bridges the gap between security solutions by creating a unified platform for security operations. Allowing protocols to easily launch bug bounties, audit competitions, and proactively stop threats using our automations engine built with the industry’s best vulnerabilities dataset. Our growing community of over 60,000 security researchers protects $190B in user funds and has prevented over $25B in hacks across 500+ protocols. Learn more at immunefi.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Triller Group Engage South Florida Investors at Exclusive Mar-a-Lago Event

    Source: GlobeNewswire (MIL-OSI)

    Sharing the Vision on a Once-in-a-Lifetime Opportunity

    Palm Beach, FL, April 09, 2025 (GLOBE NEWSWIRE) — Triller Group Inc. (Nasdaq: ILLR) (“Triller” or “the Company”) successfully concluded a landmark exclusive dinner at President Donald J. Trump’s prestigious Mar-a-Lago Club in Palm Beach, Florida. Over 100 distinguished South Florida investors gathered to discuss and delve into Triller’s ambitious strategic vision and remarkable recent progress.

    The exclusive event was led by Triller Group CEO Wing Fai Ng and CFO Mark Carbeck. Meetings with investors took place at the iconic private residence of President Donald J. Trump, adding to the exclusivity of the event.

    “We were truly honored to showcase Triller and the significant progress we have made in the last several months at the Mar-a-Lago Club,” said Wing Fai Ng, CEO of Triller Group. “I extend my heartfelt gratitude to the more than 100 investors again for taking the time last week to learn more about Triller and our unique vision for innovation in the digital and creator-driven economy.”

    Florida’s Mar-a-Lago has become a place of pilgrimage for CEOs seeking to build ties with the new administration, with leaders from large global brands previously engaging there with investors and key stakeholders.

    The White House recently announced that 104% tariffs on China will take effect soon, adding urgency to discussions around the future of the creator-driven economy. Now more than ever is a critical time for Triller to forge key relationships and explore once-in-a-lifetime opportunities as uncertainties around the future of TikTok continue to build, which may lead to an impending TikTok ban.

    About Triller Group Inc.

    (Nasdaq: ILLR) Triller Group Inc. is a technology powerhouse with a portfolio of high-growth businesses poised to break through in the Creator Economy. Triller App is the most creator-focused social platform offering discovery, monetization, and ownership. Supported by Triller Platform, it serves as a cutting-edge social media platform designed for creators, offering innovative tools for content creation, marketing, and brand partnerships. It enables creators to connect with fans, monetize their work, and build meaningful relationships with brands.

    Bare Knuckle Fighting Championship (BKFC) stages live and streaming combat sports events that are rapidly gaining popularity with fans globally. With a focus on exciting matchups and high-energy performances, BKFC has established itself as the fastest-growing combat league in the industry. TrillerTV is Triller Group’s premier live streaming platform, showcasing a diverse array of in-house and third-party sports and entertainment content. With its robust infrastructure, TrillerTV is committed to delivering high-quality live events that captivate audiences and drive subscriber growth.

    Additionally, AGBA serves as a one-stop financial supermarket, providing independent distribution of a wide range of financial products and services. By connecting consumers with essential financial solutions, AGBA enhances Triller Group’s ecosystem, making it easier for users to access the tools they need for financial success.

    Together, these diverse businesses form a unique and integrated ecosystem that positions Triller Group at the forefront of innovation in social media, live entertainment, combat sports, and financial services. For more information about our businesses, visit www.trillercorp.com and www.agba.com.

    # # #

    Investor & Media Relations:
    Bethany Lai
    ir@triller.co

    Breanne Fritcher
    triller@wachsman.com 

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Varonis Names Winners of Global Partners in Excellence Awards

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, April 09, 2025 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, today announced the winners of its annual Partners in Excellence awards. The program recognizes channel partners who worked tirelessly in 2024 to deliver Varonis’ top-ranked Data Security Platform to customers worldwide. Varonis leadership selected the winners based on their accomplishments throughout the year.

    “Securing critical data is a top priority for our customers, and our mission at Varonis is to protect sensitive data wherever it lives, across IaaS, SaaS, and hybrid environments,” said Greg Pomeroy, Varonis SVP of Worldwide Sales. “In 2024, our partners used their expertise to help Varonis ensure that customer’s data is secured with automated outcomes delivered via our Data Security Platform. Congratulations to the Partners in Excellence award winners.”

    Winners for North America

    • Partner of the Year — CDW
    • Growth Partner of the Year — Trace3
    • Cloud Partner of the Year — World Wide Technology
    • West Regional Partner of the Year — Optiv Security Inc.
    • East Regional Partner of the Year — GuidePoint Security
    • West Growth Partner of the Year — AHEAD
    • East Growth Partner of the Year — Alchemy Technology Group

    Winners for France

    • Partner of the Year — Metsys
    • Growth Partner of the Year — Orange Cyberdefense
    • Partner Excellence Award — Synetis

    Winners for Central Europe

    • Partner of the Year — SVA
    • Growth Partner of the Year — ORBIT
    • Partner Excellence Award — link protect

    Winners for U.K.

    • Partner of the Year — Softcat Plc
    • Growth Partner of the Year — Saepio Solutions Ltd
    • Partner Excellence Award — Bytes Software Services Ltd

    Winners for Spain and Portugal

    • Partner of the Year — Inspiring Solutions

    Winners for Australia

    • Partner of the Year — CyberCX

    Winners for India

    • Partner of the Year — Hitachi Systems India
    • Distributor of the Year — RAH Infotech

    Winners for Latin America

    • Partner of the Year — Infosec Data Security

    Winners for Italy

    • Partner of the Year — Spike Reply
    • Growth Partner of the Year — Lutech

    Additional Resources

    About Varonis
    Varonis (Nasdaq: VRNS) is the leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.

    Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), AI security, and insider risk management.

    Varonis protects data first, not last. Learn more at www.varonis.com.

    Investor Relations Contact:
    Tim Perz
    Varonis Systems, Inc.
    646-640-2112
    investors@varonis.com

    News Media Contact:
    Rachel Hunt
    Varonis Systems, Inc.
    877-292-8767 (ext. 1598)
    pr@varonis.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI: SIMPPLE Ltd. Launches New Product “SIMPPLE Vision”, an end-to-end Vision-as-a-Service (VaaS) video content analytics, and Secures Paid Pilot with a national healthcare institution in Singapore

    Source: GlobeNewswire (MIL-OSI)

    Singapore, April 09, 2025 (GLOBE NEWSWIRE) — SIMPPLE Ltd. (NASDAQ: SPPL) (“SIMPPLE” or “the Company”), a leading technology provider and innovator in the facilities management (FM) sector, today launched its new highly scalable end-to-end A.I. video analytics platform – SIMPPLE Vision, providing building owners and service contractors insights into facility operations and occupants’ behaviour. It brings together a set of pre-trained A.I. models from the Environmental Services and Security sectors coupling them with automated workforce management capabilities, enabling organizations to process vast amounts of video data in real-time, and instantly send alerts or work orders to the workforce to respond. This allows facility managers and workers to react quicker to situations with an enhanced level of transparency and accountability to the operations.

    With rising security concerns around unauthorised access as well as workplace safety breaches and incidents, there is a push towards evidence-based reporting and prevention. SIMPPLE Vision platform makes use of existing camera networks to deliver real-time insights through vision A.I. analytics and automated push notifications, minimising the cost of hardware upgrades and reducing reliance on manual monitoring. This is a significant upgrade, by retrofitting systems that lack modern analytics capability, therefore eliminating the need to replace existing cameras. SIMPPLE Vision processing platform can provide real-time analytics, incident logging, and audit trails for regulatory compliance, amongst many other features and related applications.

    SIMPPLE Vision applies advanced algorithms and high compute capabilities, which can be used and scaled across many sectors, such as aviation and transport safety, healthcare and hospitality monitoring, and compliance within education institutions. Data collected from such implementations can be refined over time, offering people and asset safety, and ultimately creating more personalised customer or occupant experiences within a given space. Another unique proposition SIMPPLE Vision platform offers is its ability to do both on-premises and cloud set-ups, depending on the end user requirements. This is especially important for critical infrastructure or healthcare facilities to avoid cloud risks while concurrently reducing cloud storage and transmission costs from significant bandwidth consumption, making it an ideal and cost-effective alternative solution.

    Following the announcement of SIMPPLE Vision, SIMPPLE is also pleased to announce a contract win with one of the largest public healthcare institutions in Singapore to deploy its advanced computer vision-to-workforce management capabilities as part of the initial proof-of-value initiative. Due to confidentiality, specific contract details remain undisclosed. This collaboration aims to enhance operational efficiency within the healthcare premises and improve customer satisfaction. If successful, the program is set to expand across multiple hospitals nationwide with these added vision applications, marking a major step forward to incorporate cutting-edge vision technologies for the healthcare sector.

    “We are thrilled to launch SIMPPLE Vision as part of our continuing commitment to develop innovative and cost-effective solutions that can positively impact service delivery and improved reporting outcomes,” said SIMPPLE chief executive Norman Schroeder. “This domain-specific computer vision capability is a step forward to revolutionise the way assets and broad ranging facilities are managed. Being awarded one of Singapore’s national public hospitals as an initial site is a testament to our commitment and forward-looking vision. We will continue to deliver on our promise to develop fit-for-purpose solutions, as we look to expand our contribution to the healthcare sector in Singapore and beyond.”

    According to an August 2024 report by SkyQuest Technology, the global video analytics market will attain a value of $44.7 billion by 2031, with a CAGR of 22.3%, from 2024 to 2031. This rapid growth is largely driven by the growing emphasis on security enhancements and integration of artificial intelligence with video analytics solutions. Crowd management will remain as a key contributor to the growth of computer vision applications in stadiums, airports, public events, and government facilities, said the report.

    About SIMPPLE LTD.

    Headquartered in Singapore, SIMPPLE LTD. is an advanced technology solution provider in the emerging PropTech space, focused on helping facilities owners and managers manage facilities autonomously. Founded in 2016, the Company has a strong foothold in the Singapore facilities management market, serving over 60 clients in both the public and private sectors and extending out of Singapore into Australia and the Middle East. The Company has developed its proprietary SIMPPLE Ecosystem, to create an automated workforce management tool for building maintenance, surveillance and cleaning comprised of a mix of software and hardware solutions such as robotics (both cleaning and security) and Internet-of-Things (“IoT”) devices. 

    For more information on SIMPPLE, please visit: https://www.simpple.ai

    Safe Harbor Statement

    This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

    Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its first quarter financial results in a press release that will be issued on Wednesday, May 7, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 09:00 a.m. ET on Thursday, May 8, 2025.

    Participants within the United States and Canada, please dial 1-800-715-9871, approximately 15 minutes prior to the scheduled start of the call. If you are calling from outside the United States or Canada, please dial +1-646-960-0440. The access code for the call is 3818407. Please request the “Ormat Technologies, Inc. call” when prompted by the conference call operator. The conference call will also be accompanied by a live webcast on the Investor Relations section of the Company’s website.

    A replay will be available one hour after the end of the conference call. To access the replay within the United States and Canada, please dial 1-800-770-2030. From outside of the United States and Canada, please dial +1-647-362-9199. Please use the replay access code 3818407. The webcast will also be archived on the Investor Relations section of the Company’s website.

    ABOUT ORMAT TECHNOLOGIES

    With six decades of experience, Ormat Technologies, Inc. is a leading geothermal company, and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400 MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,538MW with a 1,248MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 290MW energy storage portfolio that is located in the U.S.

    Ormat Technologies Contact:
    Smadar Lavi
    VP, Head of IR and ESG Planning & Reporting
    775-356-9029 (ext. 65726)
    slavi@ormat.com
    Investor Relations Agency Contact:
    Joseph Caminiti or Josh Carroll
    Alpha IR Group
    312-445-2870
    ORA@alpha-ir.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Cyabra Partners with Aquion to Strengthen Digital Security and Combat Disinformation Across Australia and New Zealand

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 09, 2025 (GLOBE NEWSWIRE) — Cyabra Strategy Ltd. (“Cyabra”), a leading AI platform for real-time disinformation detection, has joined forces with Aquion Pty Ltd, a trusted value-added distributor of cybersecurity and digital transformation solutions. This partnership will bring Cyabra’s AI-driven platform to businesses, government agencies, and enterprises across Australia and New Zealand, helping them detect and monitor digital threats in real time.

    With the rise of disinformation campaigns, bot-driven influence operations, and online manipulation, organizations are increasingly vulnerable to digital threats. Cyabra’s AI-powered platform analyzes millions of online conversations across social media platforms such as X (formerly Twitter), Facebook, and TikTok. It detects inauthentic accounts, AI-generated content, and coordinated disinformation campaigns, mapping how false narratives spread and influence public opinion. By partnering with Aquion, Cyabra is expanding its reach, enabling organizations in Australia and New Zealand via its reseller partners access to the tools they need to safeguard their digital presence.

    “Disinformation isn’t just about social media engagement—it’s a growing threat with real-world consequences, shaping public opinion, impacting businesses, and eroding trust. Organizations need to be proactive, not just reactive, in protecting their digital presence,” said Dan Brahmy, CEO and Co-founder of Cyabra. “Our partnership with Aquion ensures that businesses and governments across Australia and New Zealand have access to the real-time intelligence they need to spot false narratives, uncover manipulation, and stay ahead of digital threats.”

    “We are excited to partner with Cyabra to bring their AI-powered social media intelligence platform to our customers,” said Stephen Balicki, CEO at Aquion. “Disinformation and online manipulation are growing threats to businesses and government agencies alike. With Cyabra’s unique capabilities, we can provide organizations with unparalleled insights to identify and respond to digital threats effectively.”

    Aquion’s extensive network of reseller partners, combined with Cyabra’s AI-powered insights, will enable businesses, government agencies, and media organizations to detect and combat disinformation before it causes irreparable reputational or financial harm. Together, Cyabra and Aquion empower organizations to proactively detect false narratives, counter-influence operations, and protect digital trust in an era where AI-generated content and coordinated manipulation threaten businesses, governments, and public discourse.

    For more information about Cyabra’s AI-driven disinformation detection capabilities and the partnership with Aquion, visit the Cyabra website or Aquion Website.

    Cyabra has entered into a business combination agreement (the “Business Combination Agreement”) with Trailblazer Merger Corporation I (NASDAQ: TBMC) (“Trailblazer”), a blank-check special-purpose acquisition company.

    About Cyabra

    Cyabra Strategy Ltd. (“Cyabra”) is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI protects corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

    For more information, visit www.cyabra.com.

    Media Contact:
    Jill Burkes
    Jill@cyabra.com
    Signal Contact: Jillabra.24

    About Aquion
    Aquion is a leading Australian software distributor, specialising in connecting world-class technology vendors with the largest resellers across Australia and the Asia-Pacific region. With a commitment to delivering value through the channel, Aquion offers a comprehensive portfolio of disruptive technologies with over 5000 existing software agreements, including business transformation, cybersecurity, DevOps, and infrastructure software solutions. Backed by a highly responsive sourcing team and a reputation for outstanding service, Aquion enables partners to drive growth and capitalise on new opportunities. Focused on collaboration, innovation, and customer success, Aquion remains a trusted partner for vendors and resellers alike in APAC.

    https://www.aquion.com.au/

    Investor Relations Contact:
    Miri Segal
    MS-IR
    msegal@ms-ir.com

    About Trailblazer

    Trailblazer Merger Corporation I (Nasdaq: TBMC) is a blank check company formed and entered into a merger, shared exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com

    Forward-Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products that will be the subject of a proposed transaction between Trailblazer Merger Corporation I (“Trailblazer”) and Cyabra Strategy Ltd. (“Cyabra”). All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans;  the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of Combined Company’s Common Stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

    Important Information for Investors and Stockholders

    Trailblazer will file a registration statement on Form S-4 with the SEC, which will include a proxy statement for Trailblazer’s stockholders and a prospectus related to the securities of the combined company. After the registration statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders.

    INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND THE PARTIES INVOLVED.

    Once filed, free copies of these documents can be obtained from the SEC’s website at  www.sec.gov. Additional information about Trailblazer can be found on its website at  www.trailblazermergercorp.com or by contacting info@trailblazermergercorp.com.

    Participants in the Solicitation

    Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the transaction. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in Trailblazer’s most recent Annual Report on Form 10-K filed with the SEC, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such filing. Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement/prospectus pertaining to the proposed Transactions when it becomes available.

    No Offer or Solicitation

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.

    The MIL Network –

    April 10, 2025
  • MIL-OSI Asia-Pac: Nat’l security microfilms premiered

    Source: Hong Kong Information Services

    The Correctional Services Department today held a national security education student forum and premiered two national security education microfilms that it produced.

    The two microfilms, Momentary Glory and Unfailing Love, adapted from real cases, feature stories of teenagers who were incited to commit illegal acts which endanger national security and paid a heavy price. Through the productions, the department hopes to raise public awareness of safeguarding national security, enhance citizens’ ability to think critically and discerningly, and raise their awareness of abiding by the law.

    The microfilms will be uploaded to various official media platforms of the Correctional Services Department and the Education Bureau on April 15 – National Security Education Day.

    Speaking at the ceremony, Acting Secretary for Security Michael Cheuk said that the Correctional Services Department has gone beyond the prison walls to promote community crime prevention education.

    Such education helps nurture young people to love the country and Hong Kong, be law-abiding citizens, and have a positive mindset, he elaborated.

    Mr Cheuk also expressed hope that students, through Momentary Glory, could understand that they should think twice and not commit crimes, in order to avoid lifelong regrets.

    Today’s forum also featured a video clip of the individual on which one of the microfilms was based. In the video, he shared how he repented, as well as his feelings after being misled into committing illegal acts and ultimately being sentenced to imprisonment.

    There was also an interactive session in the forum, allowing students to express their views and think from multiple perspectives.

    Moreover, the department arranged for rehabilitated individuals to talk about the cost for committing crimes, and their rehabilitation experiences, with a view to reminding students to refrain from engaging in illegal activities.

    MIL OSI Asia Pacific News –

    April 10, 2025
  • MIL-OSI: Wevr Unveils Groundbreaking Immersive Experience, Catch the Wave at the Malta Pavilion at World Expo 2025

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 09, 2025 (GLOBE NEWSWIRE) — Wevr, a creative development and production studio specializing in interactive and immersive experiences, today revealed its visionary design for the Malta Pavilion Experience at the World Expo 2025 in Osaka, Japan. The immersive installation will welcome global visitors from April 13, 2025 through October 13, 2025, showcasing Malta’s rich heritage and bold aspirations at the prestigious international event held once every four years. Titled “Catch the Wave,” the multi-sensory experience is being created in partnership with Malta Enterprise under the direction of Wevr’s cofounder and CEO Neville Spiteri. 

    “What better way to illustrate Malta’s forward-thinking future than by using immersive technology to surround visitors with the sights and sounds of Malta’s rich history in the Mediterranean, alongside our ambitious vision for tomorrow,” said Malta Enterprise CEO George Gregory. “Wevr’s creative vision and mastery of next-generation technologies made them the natural choice to showcase all that Malta offers in terms of heritage, industry and innovation.”

    With a focus on sustainability and technological advancement, the pavilion seamlessly integrates art, science, technology, culture, and the natural world. Key features include:

    • Dynamic Exterior Canvas: A spectacular 16m × 5m high-resolution LED screen envelops approaching visitors in the breathtaking Mediterranean environment. Digital twins capture the singular beauty of Malta’s iconic structures, from Megalithic temples to the old medieval city of Mdina and the UNESCO world heritage Valletta entrance, weaving a tapestry from past to present, each frame alive with the shifting light of the time of day. Ambient music intertwines with the imagery casting reflections that ripple on the dramatic fountain entrance. 
    • Immersive Time Portal: Inside the pavilion, a 9m x 3m surround screen creates a portal through Maltese history which surrounds visitors in a 180-degree storyscape, unfurling an 8,000-year saga in the Mediterranean Sea cradling the island of Malta. This captivating narrative journey, woven with spatial audio, dramatic lighting, and state of the art 3D and AI technology, traces the island’s metamorphosis from an ancient Mediterranean crossroads to a luminous hub of future innovation.
    • Multi-modal Storytelling: Through collaboration with the Heritage Malta, Wevr utilized state of the art 3D photogrammetry and proprietary Generative AI technology to faithfully bring to life key moments from Malta’s past with unprecedented detail and authenticity. And with the guidance of Malta Enterprise, visualizing an innovative and future extending to renewable energy and the metaverse.  

    “The Malta pavilion experience weaves an immersive journey that envelops visitors in the beauty and essence of Malta,” said Neville Spiteri, CEO of Wevr who directed and produced the experience. “By bringing key historic moments to life and offering glimpses into the future using our R&D in Generative AI and real-time 3D Unreal workflows, we’re demonstrating what tomorrow’s business and entertainment experiences look and feel like.”

    Wevr’s global virtual studio, composed of multiple creative teams across multiple continents, collaborated with Maltese historians, artists and domain experts at the center. The design leverages Wevr’s decade of expertise creating stories and environments with Epic’s Unreal Engine, now enhanced with proprietary Generative AI tools developed specifically for creating spectacular immersive content for forward-thinking clients like the Malta Government. 

    About Wevr

    Wevr is a leading creative immersive studio. We collaborate with artists, brands and IP to co-create immersive experiences and spatial applications. Wevr’s expertise includes Interactive real-time 3D, Spatial/XR, Simulations, Immersive video and Generative AI. Wevr was recognized on Fast Company’s list of “Top 10 Most Innovative companies in AR/VR.” Wevr’s world class leadership team is composed of repeat successful technology entrepreneurs, veteran AAA game developers, and award-winning designers, artists and storytellers. Investors include HTC and Epic Games. 

    Contact:
    Amanda Orr for Wevr
    amanda@wevr.com
    202-459-1304

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4bfb9631-df39-4ca8-a0a0-2ff2816e620d

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Diamond Equity Research Initiates Coverage on Brillia Inc. (NYSEAM: BRIA)

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 09, 2025 (GLOBE NEWSWIRE) — Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has initiated coverage of Brillia, Inc. (NYSEAM: BRIA). The in-depth 28-page initiation report includes detailed information on Brillia Inc’s business model, services, industry overview, financials, valuation, management profile, and risks.

    The full research report is available below.

    Brillia Initiation Report

     

    Highlights from the report include:

    • Stable, Cash Flow Positive, Asset-Light Business Model with Underappreciated Optionality and Upside from High-Margin Brand Expansion: BrilliA’s established business model, anchored by enduring partnerships with global industry leaders, delivers stable cash flow and reliable revenue streams. Its integrated operations provide room for expansion into higher-margin opportunities through the DIANA brand rollout. Further enhancing operational agility, BrilliA’s asset-light structure, maintained by minimizing physical assets, allows the company to channel resources more effectively into its core competencies. From our vantage point, this robust financial foundation enables BrilliA to respond to market shifts and invest strategically in long-term growth initiatives. Given the current valuation, the market may not yet fully appreciate BrilliA’s ability to leverage its asset-light model and established relationships to pursue profitable brand-driven expansion initiatives, providing meaningful upside potential.
    • Strategic Market Positioning Enabled by Long-Standing Global Partnerships and Industry Expertise: Long-term relationships with over 20 major brands, including (but not limited to) Fruit of the Loom, Hanes Brands, Jockey International, Hennes & Mauritz, Canadelle, and Li & Fung, underscore BrilliA’s competitive advantage. These enduring partnerships not only secure a stable revenue base but also validate the company’s operational capabilities in the intimate apparel market. This strategic positioning strengthens its reputation and provides leverage for negotiating favorable terms in future contracts.
    • Existing Business Supports Strategic Opportunity in the Rapidly Expanding Asian Lingerie Market: The global lingerie market is on a strong growth trajectory, expanding from $90 billion in 2024 to a projected $142 billion by 2030, driven by evolving consumer preferences, digital transformation, and increasing demand for comfort, inclusivity, and sustainability. While North America and Europe remain key markets, the Asia-Pacific dominates, contributing 40% of global lingerie revenues, with Southeast Asia emerging as a high-potential region led by Indonesia. Consumers are increasingly prioritizing comfort, inclusivity, and sustainability, fueling demand for innovative fabrics, diverse sizing, and ethical sourcing. Digital disruption is reshaping the competitive landscape, as traditional players like Victoria’s Secret, Hanesbrands, and Triumph International face mounting pressure from agile, direct-to-consumer brands. BrilliA’s DIANA brand is strategically positioned to tap into Southeast Asia’s growing demand by expanding product offerings, strengthening its digital presence, and integrating sustainability-focused initiatives, aiming to establish itself as a dominant player in the region’s evolving lingerie market. In our view, established businesses leveraging core competencies to enter new segments typically bear lower risk compared to startup enterprises lacking a proven operational track record.
    • Vertically Integrated Supply Chain Model Efficiently Manages Lead Times, Reduces Production Risks, and Maintains Pricing Power, Representing a Significant Competitive Advantage : BrilliA’s end-to-end integration, from design & prototyping to production & quality control, promotes efficient operations and cost-effective manufacturing. This vertical integration supports competitive pricing, timely delivery, and consistent product quality, forming a robust foundation for scaling the business. By streamlining production processes and reducing lead times, the company is well-equipped to respond to market demands swiftly and efficiently. Additionally, BrilliA is finalizing a manufacturing agreement with Magic Link Garment Ltd in Cambodia to expand capacity and leverage trade benefits such as duty-free access to Canada and preferential treatment under the EU’s EBA program. This move is expected to enhance operational efficiency and support an internally projected revenue increase of up to $5 million in 2025, subject to market conditions.
    • Analysis Indicates Meaningful Upside Potential from Geographical, Product, and Digital Expansion Initiatives: With plans to expand into key markets in Southeast Asia and Europe, along with diversifying into adjacent product categories such as sleepwear, activewear, baby wear, and period underwear, BrilliA is well-positioned to target new market segments. This strategy mitigates regional risks while driving long-term growth by broadening the customer base and enhancing cross-selling opportunities and revenue stability. We believe targeted investments in digital marketing can effectively drive online engagement and new customer acquisition, while the ongoing recruitment of design talent positions the company to sustain innovation and competitiveness. Additionally, based on preliminary analysis of reciprocal tariffs introduced by the Trump Administration on April 3, 2025, BrilliA’s production exposure in Indonesia (32% tarrif) could position it more favorably than peers with higher exposure to Vietnam (46%), Thailand (36%), or Cambodia (49%), potentially enabling the company to better manage cost volatility and trade disruptions. Collectively, our analysis suggests that BrilliA has multiple avenues available to expand beyond its existing business segments while being relatively insulated from near-term geopolitical trade risks.
    • Valuation: BrilliA, Inc. is strategically positioned for growth, leveraging its established B2B operations to support the expansion of the high-margin D2C DIANA brand in the luxury intimate apparel market. With strong industry partnerships and a focus on quality, innovation, and digital transformation, BrilliA aims to capture significant opportunities in the multi-billion-dollar global lingerie market. Its dual business model balances the profitability and stability of its B2B segment with the high-growth potential of its D2C brand. We believe the market currently undervalues the embedded optionality associated with the successful expansion into the premium D2C segment, presenting additional upside potential. Using a valuation methodology weighted 80% toward a DCF analysis (WACC at 12.25%, terminal growth rate at 1.5%) and 20% toward a sum-of-the-parts approach, we model the company’s value at approximately $183.81 million, or $6.00 per share. Achieving this valuation hinges on successfully scaling DIANA, while preserving robust cash flows from its B2B operations and overall successful execution.

    About Brillia, Inc.  

    Brillia Inc., established in 2023, specializes in the design, production, and distribution of women’s intimate apparel across global markets, including North America, the European Union, the Asia-Pacific, Latin America, and the Middle East. Its product range encompasses bras, panties, bodysuits, swimwear, dresses, and related apparel. 

    About Diamond Equity Research

    Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.

    For more information, visit https://www.diamondequityresearch.com.

    Disclosures:

    Diamond Equity Research LLC is being compensated by BrilliA, Inc. for producing research materials regarding BrilliA, Inc. and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for research engagement. As of 04/09/25 the issuer had paid us $30,000 for our company sponsored research services, which commenced 12/30/2024 and is billed annually. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has not paid us for non-research related services as of 04/09/2025. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities including the complete loss of their investment.This report does not explicitly or implicitly affirm that the information contained within this document is accurate and/or comprehensive, and as such should not be relied on in such a capacity. All information contained within this report is subject to change without any formal or other notice provided.  Investors can find various risk factors in the initiation report and in the respective financial filings for Brillia, Inc. Please review initiation report attached for full disclosure page.   

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    The MIL Network –

    April 10, 2025
  • MIL-OSI China: MOFA response to statement by UK Foreign, Commonwealth and Development Office concerning China’s military exercises around Taiwan

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to statement by UK Foreign, Commonwealth and Development Office concerning China’s military exercises around Taiwan

    • Date:2025-04-03
    • Data Source:Department of European Affairs

    April 3, 2025

    The United Kingdom Foreign, Commonwealth and Development Office released a statement on April 2 indicating its concern over China’s military exercises around Taiwan, underscoring that they increased tensions and risked dangerous escalation in the Taiwan Strait. The statement reaffirmed the United Kingdom’s clear interest in peace and stability in the Taiwan Strait, adding that this was critical to global prosperity. It went on to declare that the United Kingdom supported a free and open Indo-Pacific, that the Taiwan issue should be settled by people on both sides of the Taiwan Strait through constructive dialogue and without the threat or use of force or coercion, and that military drills or threats to Taiwan were not conducive to such dialogue. The statement further pointed out that the United Kingdom did not support any attempt at unilaterally changing the status quo, calling for restraint and the avoidance of actions that undermine peace and stability.

    The UK statement follows those made by the United States, the European Union, and Japan, and is another expression of concern by a major country over China’s military exercises around Taiwan. Minister of Foreign Affairs Lin Chia-lung welcomes the statement and thanks the UK government for continuing to pay close attention to the situation across the Taiwan Strait and for stating clearly that peace and stability across the Taiwan Strait are of global importance. 

    MOFA stresses that Taiwan, as a responsible member of the international community, will continue to work with like-minded partners to jointly safeguard the rules-based international order. Taiwan hopes that the world’s democracies will unite in calling on China to return to reason and restraint and to stop threatening Taiwan and unilaterally increasing regional tensions.

    MIL OSI China News –

    April 10, 2025
  • MIL-OSI China: MOFA response to statements by Australia, New Zealand foreign ministries concerning China’s military exercises around Taiwan

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to statements by Australia, New Zealand foreign ministries concerning China’s military exercises around Taiwan

    • Date:2025-04-03
    • Data Source:Department of East Asian and Pacific Affairs

    April 3, 2025

    The Australian Department of Foreign Affairs and Trade released a statement on April 3 indicating its deep concern over China’s military exercises around Taiwan. On the same day, the New Zealand Ministry of Foreign Affairs and Trade also expressed its concern on X. 

    In its statement, Australia said that it strongly opposed actions that increased the risk of miscalculation and escalation. It reaffirmed that such military exercises were disproportionate and destabilizing, adding that it had raised its concerns with China. Meanwhile, New Zealand called on China to exercise restraint and avoid actions that undermine peace and stability. Both countries expressed their opposition to attempts to unilaterally change the status quo and called for the two sides of the Taiwan Strait to resolve their differences through dialogue, not through the threat or use of force or coercion.

    Minister of Foreign Affairs Lin Chia-lung welcomes these statements and thanks Australia, New Zealand, and all peace-loving countries for continuing to pay close attention to the security situation across the Taiwan Strait. He reiterates that cross-strait peace and stability are in line with the world’s interests and are of extraordinary importance to the international community.

    MOFA stresses that Taiwan, as a responsible member of the international community, will continue to work with like-minded countries to jointly uphold the rules-based international order and safeguard peace, stability, and prosperity across the Taiwan Strait and in the Indo-Pacific region.

     

    MIL OSI China News –

    April 10, 2025
  • MIL-OSI Europe: ASIA – Religious deception in human trafficking: Victims passed off as “pilgrims” and “missionaries”

    Source: Agenzia Fides – MIL OSI

    Wednesday, 9 April 2025

    Bangkok (Agenzia Fides) – There is a new, insidious stratagem used by human traffickers in organizing trafficking, preparing, and involving victims, in order to evade airport controls: passing themselves off as missionaries, especially Christians, traveling for religious reasons, or using the definition of “pilgrims” traveling for reasons of faith. This is a phenomenon that the Philippine and Thai police have revealed after investigations and wiretaps, which documented various episodes in which the “religious cover” had been uncovered.The Philippine police reported that three women (aged 23, 25, and 50) were attempting to board a flight to Singapore, with a stopover in Thailand, identifying themselves as “missionaries,” “volunteers belonging to the Catholic Church, for missionary work in Thailand.” Due to certain inconsistencies in their documents, and after further investigations and questioning, the truth was revealed: the older woman, who claimed to be a “preacher,” was one of the organizers of an illegal trafficking of women to Thailand. Seduced by “a teaching job,” the two young women allegedly fell into a criminal network and ended up fueling prostitution. The police explained the system whereby a regular traveler, acting as a smuggler, accompanies groups of passengers under false pretenses, who become victims of trafficking. Coordinated police action across the borders of Southeast Asian countries (the Philippines, Indonesia, Malaysia, Thailand, and Cambodia) led to the arrest of smugglers involved in trafficking networks.In its end-of-2024 report, the Philippine Bureau of Immigration reported 998 victims of human trafficking during the year and identified several activities and schemes such as fake pilgrimages, arranged marriages, and surrogacy. Often, victims, lured, particularly through social media, end up employed in slave labor in the so-called “scam cities” in Thailand, Cambodia, and Myanmar.The Catholic Foundation PREDA (People’s Recovery, Empowerment, and Development Assistance), founded in the Philippines by Father Shay Cullen, an Irish Catholic missionary and member of the Missionary Society of St. Columbanus, has denounced the fact that many young Filipino women were lured by fake, well-paid job offers and transported to Burma, where they faced threats and abuse and were forced to work in slave-like conditions. In the Philippines, the Philippine Interfaith Movement Against Human Trafficking (PIMAHT)—which brings together representatives of the major Christian, Muslim, and Buddhist communities—praised the efforts of the police and government and reaffirmed their commitment to combating child trafficking and sexual exploitation. Father Bryand Restituto, Assistant to the Secretary General of the Catholic Bishops’ Conference of the Philippines, strongly condemned individuals and trafficking networks that exploit vulnerable populations and use language, clothing, and presumed religious practices to commit criminal acts.In Thailand, among the nuns committed to the fight against trafficking, Sister Marie Agnes Buasap of the Hospitaller Sisters of Saint Paul of Chartres, as coordinator of the Talitha Kum Thailand network, promotes awareness among young people, families, teachers, and educators. Talitha Kum is also involved in the reception and reintegration of victims. Catholic communities in Southeast Asian nations, where the phenomenon of human trafficking is particularly widespread and deep-rooted, renewed their commitment on the Day of Prayer and Commitment against Human Trafficking, which the Church celebrates on February 8, the feast of Saint Josephine Bakhita. Catholic associations are promoting innovative strategies, especially in schools, by integrating anti-trafficking education into the curriculum. (PA) (Agenzia Fides, 9/4/2025)
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    MIL OSI Europe News –

    April 10, 2025
  • MIL-OSI Europe: VATICAN – Subsidies and support to achieve financial autonomy: How the Dicastery for Evangelization supports local Churches

    Source: Agenzia Fides – MIL OSI

    Wednesday, 9 April 2025

    Vatican City (Agenzia Fides) – How much funding does the Dicastery for Evangelization (Section for First Evangelization and the New Particular Churches) allocate to help the dioceses in the territories under its jurisdiction achieve financial autonomy? This question was discussed yesterday in the Aula Magna of the Pontifical Urbaniana University, which provided the setting for the IV Study Day dedicated to the chair named after Cardinal Velasio De Paolis, the Scalabrinian Cardinal, an authoritative canonist, who died in 2017.Speakers included Professor Vincenzo Buonomo, Grand Rector of the Pontifical Urbaniana University, Professor Andrea D’Auria, Dean of the Faculty of Canon Law, and Professor Yawovi Jean Attila.Archbishop Fortunatus Nwachukwu, Secretary of the Dicastery and Vice Grand Chancellor of the Pontifical Urbaniana University, presided over and moderated the day. Father Tadeusz J. Nowak, OMI, Secretary General of the Pontifical Society for the Propagation of the Faith, along with Sister Roberta Tremarelli (AMSS), who works in the administration of the Pontifical Mission Societies, illustrated what it means to accompany local Churches on their path to financial independence.In his address, Father Nowak recalled that to date, more than 3,000 particular Churches in communion with the Successor of Peter fall under the jurisdiction of the Dicastery for Evangelization. This represents more than a third of all particular Churches in the world, he emphasized. Specifically, the list includes “dioceses, both of the Latin and Eastern Rites, apostolic vicariates, apostolic prefectures, apostolic administrations, missions sui iuris, territorial prelatures, and territorial abbeys.”While “in the past, a particular Church began with a mission in an area where the Gospel had only recently been proclaimed and the Church was not yet truly established,” which was then “elevated to the rank of apostolic vicariates and later to the rank of dioceses,” today “most new Churches arise from the division of existing dioceses in areas where the Church was already present.” However, they remain “under the care of the Dicastery for Evangelization until they achieve full financial autonomy.” Once this is achieved, “they may request to be transferred from the jurisdiction of the Dicastery for Evangelization to that of the Dicastery for Bishops.”A transition that can take up to several hundred years, added Father Nowak, recalling that “the Dicastery for Evangelization accompanies the churches under its authority on their path to financial autonomy, primarily through the Pontifical Mission Societies (the Pontifical Society for the Propagation of the Faith, the Pontifical Society of St. Peter the Apostle, the Pontifical Society of Holy Childhood, and the Pontifical Missionary Union).The task of these four Societies, according to the Secretary General of the Pontifical Society for the Propagation of the Faith, is to place themselves at the service of the Pope and his “care for missionaries.” Above all, however, the Pontifical Society for the Propagation of the Faith specifically accompanies young Churches by providing financial subsidies for the creation and strengthening of their ecclesial infrastructure.Last year alone, the Pontifical Society for the Propagation of the Faith “disbursed more than $23 million in ordinary subsidies,” which bishops can use “for any purpose related to the pastoral life and evangelization of the local Church.” “Normally,” Father Nowak explained, “this grant is used for the health care of the clergy or for the office expenses of the diocesan Curia. Without such subsidies, the dioceses would suffer great difficulties that would slow down or even hinder the work of evangelization.” In this context, for example, the Society for the Propagation of the Faith also provided “almost $9 million” in subsidies “for the support of catechists in the particular Churches.” This money was used “to provide resources for the support and training of catechists.” Because, as Father Nowak emphasized, “catechists are indispensable because the number of ordained priests in many territories is insufficient to ensure adequate pastoral care for all the baptized.” In addition to ordinary subsidies, there are also extraordinary subsidies for which the Pontifical Mission Societies receive “thousands of requests every year.” In most cases, these are requests for financing the construction of chapels and churches, monasteries, schools, clinics, pastoral centers or homes for retired clergy, as well as for the purchase of transportation for missionaries, etc. For these types of projects, “the Society for the Propagation of the Faith allocated more than 16 million dollars in 2024.” “The Dicastery has provided extraordinary subsidies, responding to requests from bishops in Africa, Asia, Oceania, and the Americas,” said Father Nowak, who pointed out that the Society “also provides more than nine million dollars a year for the administration of five colleges in Rome, which serve the ongoing formation of clergy and religious of the particular Churches under the care of the Dicastery. Hundreds of priests and religious from these Churches can thus come to Rome to pursue advanced academic studies and then return to their local Church to provide valuable services to the pastoral life of the particular Church.”Not only that: “Every year, the Dicastery for the Oriental Churches receives significant financial support from the Pontifical Society for the Propagation of the Faith to accompany the Churches of the Oriental Rite on their path to financial autonomy.” The Dicastery, the Secretary General continued, “also provides the episcopal vestments for priests appointed bishops in the particular Churches administered by the Dicastery (including two episcopal cassocks, a miter, the episcopal ring, the bishop’s cross, and crosier). In this way, the new bishop is fully equipped to begin his episcopal ministry.”It must be clarified, as Sister Roberta Tremarelli also emphasized, that “the Dicastery for Evangelization does not finance projects through the Pontifical Mission Societies.” According to the statutes of the Pontifical Mission Societies, they “participate in projects initiated by the local community and for which it assumes responsibility. The bishop must present a solid financial plan for the implementation of the project and commit the community to its completion and ongoing maintenance.” In this sense, it is being examined “whether a room created for children’s catechism can also be used for other purposes,” which could also lead to “continuous funding for the structure itself over time,” Sister Roberta Tremarelli emphasized, concluding: “The subsidy is an aid; the Pontifical Mission Societies must not replace the local Church. Our aid must be based on the principle of autonomy.”In this way, the particular Churches are encouraged to manage their finances responsibly and transparently, while remaining independent of external funding: “We are rich in young Churches, but we must not remain immature Churches. The growth and independence of the local Churches is our goal,” Archbishop Nwachukwu said in his concluding remarks. (F.B.) (Agenzia Fides, 9/4/2025)
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    MIL OSI Europe News –

    April 10, 2025
  • MIL-Evening Report: Politics with Michelle Grattan: Hugh White on what the next PM should tell Trump and defending Australia – without the US

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    The Trump ascendancy has forced international economic issues and the future strategic outlook onto the Australian election agenda, even if they are at the margins.

    This campaign – while dominated by domestic issues, notably the cost of living – is being conducted against the background of an extraordinarily volatile external situation, with major implications for Australia’s future.

    To discuss these issues, we were joined on the podcast by Hugh White, Emeritus Professor of Strategic Studies at the Australian National University. White is one of Australia’s foremost thinkers on defence policy, China and the region. His long career includes serving as an adviser to then federal defence minister Kim Beazley.

    White regards US President Donald Trump as a “revolutionary figure”:

    I think Trump is a genuinely revolutionary character, and not just his impact on American domestic politics and economics, I also think he has a huge impact on global strategic affairs. And the reason for that is that he does have a fundamentally different view of America’s place in the world than that of what we might call a Washington establishment.

    Donald Trump is really a kind of an old-fashioned isolationist. That is, he believes America’s strategic focus should be on the Western Hemisphere […] For example, in Ukraine he’s happy to see Russia assert itself as a great power in Eastern Europe. In Asia, I think, despite his reputation as a China hawk on economic issues, he doesn’t have any problem with China asserting itself as a great power in East Asia. He’s for these other great powers to dominate their backyards, just the way he wants America to dominate its backyard in the Western Hemisphere.

    Yet White doesn’t believe either Labor or the Coalition is taking defence seriously in this election.

    It’s not being treated as a real issue in the campaign, and that’s because both sides have determined that it won’t, and what underpins that is the absolutely rock-solid bipartisanship between the two of them on every significant issue. And I think that’s a very serious problem for Australia because at a time when our strategic circumstances are changing dramatically […] neither side has any inclination to have a serious conversation about what that means, why it’s happening, what we should be doing about it,

    A lot of the blame for that lies with the Labor Party, because it seems to me Labor’s political approach to the whole question of foreign affairs and defence for a very long time now has focused on minimising differences with the Coalition.

    While White agrees Australia needs new submarines, and quickly, he doesn’t think they should be nuclear-powered, as promised under AUKUS. He thinks we should leave AUKUS.

    We should have started building replacements for the [Collins-class submarine] around about 2010 or 2012. So we’re well over a decade late and I do think there’s a real risk that we’re going to lose our submarine capability altogether. But the way to solve that is not to push ahead spending billions and billions of dollars on a project which, even if it works, delivers the submarines we don’t need, and which is very unlikely to deliver any submarines at all.

    We’re past looking for a perfect submarine. We just need to get any submarine at all so we can keep some capability running and then once we have that running, we need to have a really focused programme. We need ministers to really tell Defence what to do, focus programmes to develop a follow on to the Collins-class design, because that’s the design we already know best in the world and to start building a new class of evolved Collins.

    After the May 3 election, when the next prime minister meets the US president to talk trade, defence and more, what should Anthony Albanese or Peter Dutton tell Trump? White says:

    Trump is very hard to handle. I don’t think there’s any magic formula that an Australian prime minister can utter, which makes Trump into either a more acceptable, economic partner for Australia or a more reliable strategic partner for Australia, because the forces that are driving America out of Asia are much bigger than Donald Trump.

    The most important thing an Australian political leader could say to Trump when he first meets him is, look, we understand where you’re coming from. We are happy to take responsibility for our own security. We don’t expect you to stay engaged in Asia to look after us in future. What we want you to do is to help us manage that transition as best we can and we’re prepared to pay for what we get.

    Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Politics with Michelle Grattan: Hugh White on what the next PM should tell Trump and defending Australia – without the US – https://theconversation.com/politics-with-michelle-grattan-hugh-white-on-what-the-next-pm-should-tell-trump-and-defending-australia-without-the-us-254197

    MIL OSI Analysis – EveningReport.nz –

    April 10, 2025
  • MIL-Evening Report: Election Diary: Chalmers and Taylor quizzed on personal flaws during animated treasurers’ debate

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    Perhaps the most compelling moment, at least for non-economists, in Wednesday night’s debate between Treasurer Jim Chalmers and his “shadow” Angus Taylor was when each man was forced to respond to what critics see as their personal flaws.

    Moderator Ross Greenwood, Sky’s business editor, put to Chalmers that people say “you’ve got a bit of a glass jaw, that you don’t cop criticism well”.

    “I think over time I’ve learned to understand that you take the good with the bad,” Chalmers responded, looking taken aback. “I think I’ve learnt over time to focus on the objective observers of the job that I’m doing and I think ultimately the Australian people will judge that rather than the kind of partisan commentators from time to time.”

    Taylor was told that “some people suggest that maybe you don’t put the work in”.

    “Well, you know, there’s lots of free advice in this game,” Taylor said. “You get it, Jim gets it, we all get it. But I tell you what, I work every single day for those hardworking Australians who work in Jim’s electorate, in my electorate, right around Australia […] I come from a hardworking family.”

    In the debate – a livelier encounter than Tuesday’s one between the leaders – the weapons of past promises were liberally deployed. Taylor invoked Labor’s unrealised $275 cut in power bills. Chalmers reached back to Tony Abbott’s pledge of no cuts to health and education, alleging a secret plan for cuts to pay for the Coalition’s nuclear scheme.

    The hour was filled with claims, counter claims, disputed figures, and accusations of lies.

    In the judgement of University of Canberra economist John Hawkins, Chalmers performed the better of the two.

    “He stayed on message, arguing the economy was improving, and the budget was in better shape than what he inherited. Given times of global uncertainty, he argued for a steady hand,” Hawkins said.

    “Angus Taylor was critical of economic conditions over the past three years but weak on what needed to be done differently, other than a temporary cut to the fuel tax and lower immigration. He did not effectively rebut Chalmers’ repeated claim that the Coalition stood for higher income tax, lower wages and no ongoing cost of living relief.

    “Taylor repeated [Opposition Leader Peter] Dutton’s unconvincing claim that under the Liberals, Australia would be virtually the only country in the world exempted from the Trump tariffs.

    “Chalmers thought the global tariff war would reduce Australia’s economic growth but not push us into recession. I thought he may have pointed out that in the global financial crisis Australia was one of the few OECD countries to avoid recession – and he was one of [former treasurer] Wayne Swan’s key advisers at the time, giving him some very relevant experience.”

    Business feels neglected

    Business, especially big business, is feeling somewhat neglected in this election. On April 20, business groups are joining to call for a commitment to a pro-business agenda.

    In letters to Prime Minister Anthony Albanese, Dutton and parliamentarians generally, the groups argue Australia has “one of the least competitive tax systems among comparable nations. We’ve burdened our economic engine room with countless new pieces of regulation and red tape. And the prosperity of all Australians suffers while our productivity lags.”

    Who fired up US senator Mark Warner on Australia’s tariff woes?

    Australia is bracing for a fresh tariff strike from US President Donald Trump, after he declared this week that “we’re going to be announcing a major tariff on pharmaceuticals”.

    Australia exports about $2 billion in pharmaceuticals to the United States, including $1.8 billion of blood products. These exports make up less than 0.3% of our goods exports to the world.

    Pharmaceuticals were set aside in last week’s tariff round for later consideration. In that round, Australia was only subject to the 10% general tariff.

    The US pharmaceutical industry hates the Australian Pharmaceutical Benefits Scheme, under which the government purchases drugs, leading to prices for Australians being cheaper than in the US. Both sides of politics say they wouldn’t compromise the PBS.

    Meanwhile, in Washington, Australia’s cause for an exemption from the 10% tariff has found a friend in Democratic Senator Mark Warner.

    In the Senate finance committee on Tuesday (Washington time) Warner quizzed US trade representative Jamieson Greer on why an ally had been badly treated.

    Why did Australia get “whacked”, Warner wanted to know, given the US has a trade surplus with it, and a free trade agreement. Besides, “they are an incredibly important national security partner”.

    Greer was unmoved. “Despite the agreement, they ban our beef, they ban our pork, they’re getting ready to impose measures on our digital companies.”

    So who is Warner, and why is he standing up for us? Bruce Wolpe, senior fellow at the US Studies Centre at the University of Sydney and author of Trump’s Australia, says Warner, a long-time senator with a background in the tech industry, is a “low-key moderate”. He is a member of the Senate Finance Committee, which has jurisdiction over trade, and the Select Committee on Intelligence. Warner is a supporter of AUKUS.

    “Someone briefed his staff [on the treatment of Australia] and it paid off,” Wolpe speculates. “Someone saw this was a chance the confront the US trade representative about Australia. They did a great job. It was terrific. It was a direct hit.” No one knows whether the hand of Kevin Rudd might have been involved.

    Industry Minister Ed Husic told the ABC: “I reckon I might see if I can get an honorary Order of Australia for senator Warner. Good on him. I like the cut of his jib. It was very defensive of Australia, but we heard the actual administration’s perspective running up the score against us.”

    Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Election Diary: Chalmers and Taylor quizzed on personal flaws during animated treasurers’ debate – https://theconversation.com/election-diary-chalmers-and-taylor-quizzed-on-personal-flaws-during-animated-treasurers-debate-253734

    MIL OSI Analysis – EveningReport.nz –

    April 10, 2025
  • MIL-OSI Banking: ASEAN and New Zealand commit to strengthening strategic partnership and cooperation

    Source: ASEAN

    Da Nang, Viet Nam, 9 April 2025 – ASEAN and New Zealand reaffirmed their strong and enduring partnership during the 32nd ASEAN-New Zealand Dialogue held in Da Nang, Viet Nam, today. The Dialogue provided an opportunity for both sides to review cooperation and discuss its future direction, particularly in light of the 50th anniversary of ASEAN-New Zealand Dialogue Relations this year.

    The discussion was focused on key areas of ASEAN-New Zealand cooperation, with a view to strengthening peace, stability, prosperity, and sustainable development.On peace and stability, both sides agreed to continue enhancing cooperation in areas such as countering terrorism, transnational crime, maritime cooperation, and cyber security.

    Both sides emphasised the importance of strengthening trade and investment and regional economic integration, including through the full implementation of the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) and the Regional Comprehensive Economic Partnership Agreement (RCEP).

    The Meeting underscored the growing importance of enhancing people-to-people ties and  the need to further amplify cooperation in education, human capital development, and Technical and Vocaltional Education and Training (TVET).

    In line with the theme  of Malaysia’s ASEAN Chairmanship Year of “Sustainability and Inclusivity”, both sides discussed fostering closer collaboration on climate change, environmental protection, disaster management, and narrowing the development gap, with New Zealand reaffirming its support for ASEAN’s green agenda and sustainable development initiatives.

    In conjunction with the 50th anniversary of dialogue relations, the Meeting noted the ongoing discussion on the proposal for an ASEAN-New Zealand Comprehensive Strategic Partnership and the development of a new ASEAN-New Zealand Plan of Action (2026-2030) to guide future cooperation. The Meeting further noted upcoming ASEAN-New Zealand engagements, including preparations for an ASEAN-New Zealand Commemorative Summit to be held back-to-back with the 47th ASEAN Summit and Related Summit in Malaysia in November 2025.

    ASEAN and New Zealand also exchanged views on regional and international issues of common interest and concern. Both sides reaffirmed their commitment to upholding multilateralism and strengtening the ASEAN-led regional architecture, including through the implementation of  the ASEAN Outlook on the Indo-Pacific (AOIP).

    The 32nd ASEAN-New Zealand Dialogue was co-chaired by H.E. Do Hung Viet, Deputy Minister of Foreign Affairs of Viet Nam and ASEAN SOM Leader of Viet Nam, and H.E. Grahame Morton, Deputy Secretary for Asia and Americas Group and New Zealand’s SOM Leader for ASEAN, and attended by Senior Officials of ASEAN Member States and the Deputy Secretary-General of ASEAN for ASEAN Political-Security Community. Timor-Leste attended as Observer.

    ***

    Images Credit: Ministry of Foreign Affairs Viet Nam
    The post ASEAN and New Zealand commit to strengthening strategic partnership and cooperation appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

    April 10, 2025
  • MIL-OSI United Kingdom: Health and Social Care Secretary’s UNISON speech

    Source: United Kingdom – Government Statements

    Speech

    Health and Social Care Secretary’s UNISON speech

    Health and Social Care Secretary Wes Streeting’s speech at UNISON’s annual health conference in Liverpool today.

    Good morning conference.

    Let’s start on a point of agreement.

    The killing of 15 health and rescue workers in Gaza was an appalling and intolerable tragedy.

    Healthcare workers in any context, in any part of the world, should never be a target.

    The international community, or indeed any actors in any conflict, all have a responsibility to protect health and humanitarian aid workers and also to protect innocent civilians.

    And it’s clear that in Gaza, as well as in other conflict zones around the world at the moment the international community is failing and failing badly.

    So I want to say, as a Unison member, I strongly support the sentiments expressed by our Healthcare Executive.

    But on behalf of our government, we want to see a return to an immediate ceasefire.

    We want to see aid in, people out of harm’s way, an end to this bloody conflict and a state of Palestine alongside a state of Israel, and the just and lasting peace that Israelis and Palestinians deserve.

    I also have to say, having been to the West Bank with Medical Aid for Palestinians and seen first hand the work that they do supporting the health needs of Palestinians across the occupied Palestinian territories, they do brilliant work.

    And I would fully endorse the sentiment of the motion in supporting them, and each of us putting our hands in our pockets to do that.

    But today, I’m here as the first health and social care secretary to address a Unison conference since my […] predecessor, Andy Burnham, did 15 years ago, and I am proud to do so as a Unison member.

    [Political content has been removed]

    Now we’re delivering the change people voted for.

    It’s not all plain sailing and I expect you’ll want to question, even challenge some of the government’s decisions.

    So there’ll be plenty of time for questions.

    And I promise to give you honest answers.

    [Political content has been removed]

    You might not like some of the answers.

    I might not like some of the questions, but the important thing is that we show up and we have that conversation.

    For all the challenges we’re confronting, and there are plenty nothing I’ve experienced in the last nine months as our country’s Health and Social Care Secretary has shaken my confidence and conviction that this will be a government that not only gets our NHS back on its feet, but makes sure it’s fit for the future, and shows the bold leadership required to make sure that we also build a National Care Service worthy of the name.

    Of course, it’s hard.

    [Political content has been removed]

    Six months ago, back here in Liverpool, I spent two hours with one of the most remarkable group of people I’ve ever had the honour of meeting in my life.

    In that room were centuries of training and experience between them of working in the health service.

    But all of that training, all of that experience couldn’t have prepared those people with what they were confronted with in Southport on Monday the 29th of July, as they rushed into that community centre to find children and adults lying on the floor bleeding, some tragically dying.

    The aftermath of an unimaginable, senseless, mindless attack.

    Those people were confronted immediately with the consequences.

    For the staff I met, the trauma still runs deep.

    But on the day itself, the whole NHS team kicked into action.

    From the paramedics who arrived first on the scene and had to make split-second decisions of who to treat first in what order, to give them the best chance of survival.

    The porters rushing children through busy hospital corridors, and the security guards trying to shield other patients and visitors from seeing the horror that the staff were confronting.

    The lab teams who are mobilising blood supplies.

    Receptionists fielding calls from panic-stricken parents.

    The surgical teams fighting to save those young girls lives.

    I’m filled with admiration for their care, their expertise and their values.

    As I think about what happened in the aftermath of those brutal attacks, that admiration turns to anger.

    [Political content has been removed]

    Filipino nurses came under attack from racist thugs on their way into work wearing their NHS uniforms.

    GP surgeries closed early out of fear of rioters.

    A Nigerian care worker saw his car torched.

    These people came to our country to care for our sick and vulnerable.

    They bust a gut day in, day out to keep us well.

    If those thugs represented the worst of our country, our health and care workers represent the best.

    This government will never walk by on the other side when it comes to standing up against racist hate, intimidation or violence.

    Because no one should go to work fearing violence, least of all those all of us rely on for our health care.

    What happened after Southport was an extreme, but it wasn’t a one off.

    One in every seven people employed by the NHS have suffered violence at the hands of patients, their relatives or other members of the public.

    This should shame us all.

    So today I can announce we will act to keep NHS staff safe at work.

    Incidents will have to be recorded at a national level.

    Data will be analysed so that those most at risk can be protected.

    Trust boards will be made to report on progress they’re making to keep staff safe.

    Protecting staff from violence is not an optional extra.

    We are making it mandatory.

    Zero tolerance for violence and harassment of NHS staff, campaigned for by Unison.

    [Political content has been removed]

    We invest huge sums of money into training the NHS workforce.

    Then they’re treated like crap.

    Forced to leave the health service and often leave the country.

    British taxpayers are investing billions in doctors, nurses, paramedics and healthcare assistants only for them to turn up treating patients in Canada or Australia.

    We’ve got to retain the talent we have in the health service and treat our staff with the respect they deserve.

    That means more training and opportunities for nurses who want to progress in their career, and making flexible working easier too.

    It also means paying you for the job you actually do.

    There have been too many disputes because NHS staff have not been paid according to their job description, rather than their job.

    So we’re bringing in a new digital system to make sure the job evaluation scheme is applied fairly across the board.

    [Political content has been removed]

    A fair day’s work for a fair day’s pay.

    Campaigned for by Unison.

    [Political content has been removed]

    I owe my life to the NHS.

    Who cared for me when I went through kidney cancer.

    It’s a debt of gratitude I will never be able to repay.

    But I will certainly try.

    You were there for me and I’ll be there for you.

    As the chair said, the scale of the challenge in our NHS is huge.

    [Political content has been removed]

    So our job is twofold.

    First, to get the service back on its feet and treating patients on time again.

    And second, to reform the service for the long term so that it’s fit for the future.

    And I say it’s our job deliberately, because this can’t be done with one man sat behind a desk in Whitehall.

    We will only succeed if this is a team effort, from the Prime Minister to the 1.5 million people who work in the National Health Service.

    When I visited Singapore General Hospital in opposition, they told me about a programme they run.

    It’s called get rid of stupid stuff.

    Does what it says on the tin.

    I thought the NHS could probably do with that.

    Some of you might think I could do with that.

    It’s a common sense idea.

    People working in the health service might have ideas about how to fix it.

    So over the past few months, just as we did when we were in opposition, we’ve been asking NHS staff about the stupid stuff that’s holding them back.

    More than a million people have engaged in what’s been the biggest national conversation since the NHS was founded.

    NHS staff have attended more than 3,000 meetings across the country and online, and if you’ve not made your voice heard yet, you’ve got until 5pm on Monday to go to Change.NHS.uk

    The plan, published later this spring, will take the best ideas from across the NHS, staff and workforce and patients and set out how we’ll deliver the change the NHS needs.

    Shifting the focus of healthcare out of hospital and into the community, with more investment in primary and community care.

    Bringing our analogue health service into the digital age, arming staff with modern equipment and cutting edge technology.

    Turning our sickness service into a preventative health service to help people live well for longer and tackle the biggest killers.

    The crisis in the NHS is not the fault of staff, but we can’t fix it without you.

    I know how hard it is to battle against a broken system, to give patients the best care you can, only to go home at the end of the day, knowing your best wasn’t good enough.

    But there is light at the end of the tunnel.

    The cavalry is coming.

    My message to everyone working in the NHS is this.

    Stay and help us to rescue and rebuild it.

    The NHS was broken, but it’s not beaten.

    And together we can turn it around.

    Change takes time, but it has already begun.

    In nine months, this […] government has awarded NHS staff an above inflation pay rise, ended the resident doctors strikes, invested an extra £26 billion in health and care, the biggest investment in hospices for a generation.

    We’ve agreed the GP contract for the first time since the pandemic, with £889 million more in funding, the biggest uplift in a decade.

    We’ve reversed the decade of cuts to community pharmacy.

    We’ve delivered the extra 2 million more appointments we promised at the election than we did it seven months early.

    NHS waiting lists have been cut for five months in a row and counting.

    80,000 suspected cancer patients were diagnosed early, so lots done, but so much more to do.

    We know there’s a long way to go.

    There’ll be bumps along the way.

    It won’t be plain sailing and we’ll make some mistakes.

    But we are finally putting the NHS on the road to recovery.

    On social care, we’ve been accused of not doing enough.

    I totally understand the cynicism after years of inaction.

    [Political content has been removed]

    Our first step on the road to building a National Care Service, and I can announce today, will go further for our care professionals.

    We are introducing the first universal career structure for adult social care, setting out four new job roles to give care workers the opportunities to progress in their career.

    With millions of pounds of new investment in their skills and training.

    Keir said his ambition for his sister, who is a care worker, is to command the same respect as her brother, the Prime Minister.

    Her work is so important to the future of our country.

    [Political content has been removed]

    But be in no doubt about the weight on our shoulders.

    I’m certainly not.

    Not only the responsibility to millions of people who are being failed by the NHS and social care services, but also to prove to a sceptical public that the NHS can change and deliver the timely, quality care people expect in 2025.

    On the 75th anniversary of the NHS, an opinion poll showed that the health service makes the majority of the British people proud of our country, greater than the pride we feel for any other aspect of our history or culture.

    But the same poll revealed that 7 in 10 believe that the NHS founding principle of healthcare, free at the point of need, won’t survive the next ten years.

    The failure of public services to meet the needs of the people is one of the fertilisers of populism we see across liberal democracies.

    [Political content has been removed]

    We will always defend the NHS as a public service, free at the point of use, so that when you fall ill, you never have to worry about the bill.

    [Political content has been removed]

    That’s why I say it’s change or die.

    The stakes are high.

    The challenge is enormous, but the prize is huge.

    A service that values all of its workforce as an asset to be nurtured, not a cost to be minimised.

    Where staff are proud to work because their patients receive the best possible care.

    An NHS there for us when we need it.

    Once again, it won’t be easy.

    It will take time.

    But if we get this right, we will be able to look back on this time and say that we were the generation that took the NHS from the worst crisis in its history, got it back on its feet and made it fit for the future, and built a National Care Service worthy of the name.

    Change has begun, but the best is still to come.

    Thank you.

    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom –

    April 10, 2025
  • MIL-OSI: Bitdeer Announces March 2025 Production and Operations Update

    Source: GlobeNewswire (MIL-OSI)

    — Completed mass production of SEALMINER A1s and 2.8 EH/s energized
    — Regulatory approval for Tydal, Norway site finalized
    — Retained Northland Capital Markets (“Northland”) to act as financial advisor for its HPC/AI data center development strategy

    SINGAPORE, April 09, 2025 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for March 2025.

    Operational Update

    • Self-mined Bitcoin: 114 Bitcoins.
    • Mining Rig Manufacturing and R&D:
      • SEALMINER A1:
        • Completed mass production of approximately 3.8 EH/s of mining rigs.
        • 2.8 EH/s are energized, 0.6 EH/s have been delivered for installation, 0.3 EH/s are in-transit to the Company’s datacenters, with remaining to be delivered in April.
      • SEALMINER A2:
        • Wafer capacity disclosures will be paused temporarily. This decision was the result of a comprehensive consideration for maximizing the Company’s shareholders’ value. These disclosures were previously provided to assist potential mining rig buyers in making informed decisions. However, due to the current market uncertainty and the significant slowdown in mining rig demand, disclosure of total capacity is not currently useful. The Company’s self-mining hashrate forecast increased slightly this month and Bitdeer remains confident that the previously predicted hashrate targets in the second half of 2025 are achievable, on schedule, and can potentially exceed the Company’s expectations.
        • 0.8 EH/s of mining rigs have been shipped to customers and the Company’s own datacenters for self-mining, 0.4 EH/s have been manufactured and are ready for shipment and 1 EH/s are being assembled.
        • Sales of SEALMINER A2 are ongoing, ~0.3 EH/s of miners have been shipped to customers in March.
        • Launched SEALMINER A2 Pro series on March 17, 2025, featuring air-cooling (SEALMINER A2 Pro Air) and hydro-cooling (SEALMINER A2 Pro Hyd) models with a power efficiency ratio of 14.9 J/TH. The SEALMINER A2 Pro Air delivers up to 270 TH/s, while the SEALMINER A2 Pro Hyd reaches 530 TH/s, both with advanced efficiency, stability, and noise reduction. SEALMINER A2 Pro will be another commercialized product that is currently open for external sales.
      • SEALMINER A3:
        • SEAL03 sample wafers achieved an energy efficiency of 9.7 J/TH at the chip level during chip verification and prototype testing while running at low voltage, ultra power-saving mode. More risk wafers will be delivered in April for further testing and mass production ready R&D.
      • SEALMINER A4:
        • SEAL04 R&D remains on track to achieve an expected chip efficiency of approximately 5 J/TH with anticipated initial tape-out in Q4 2025.
    • HPC/AI:
      • Bitdeer has now formalized an engagement with Northland Capital Markets (“Northland”) to act as financial advisor for its HPC/AI data center development strategy.  Northland will assist Bitdeer with existing negotiations with potential development partners and provide guidance regarding capital providers.
      • Discussions are ongoing with multiple development partners and potential end users for selected large scale sites in U.S. for HPC/AI clouding business.
      • GB200 NVL72 reservations open – deployment is on schedule for 2025.
    • Hosting:
      • Client-hosted mining rigs increased by 3,000 units or 0.6 EH/s in March 2025, due to existing customers increasing hosted mining rigs.
    • Infrastructure:
      • Tydal, Norway: Regulatory approval has been obtained, with 70 MW set for energization and commissioning in early April and the remaining 105 MW scheduled for completion by mid-2025.
      • Rockdale, Texas, USA: 1.4 EH/s of SEALMINER A1 hydro mining rigs have been energized into 100 MW hydro-cooling conversion.
      • Clarington Phase 2, Ohio, USA: 304 MW land lease agreement signed and negotiating with regional utility.
      • Jigmeling, Bhutan: All electrical equipment has been delivered and is being installed, with completion and energization in Q2 2025 on track (see Infrastructure Construction Update section below for further details).
      • Oromia Region, Ethiopia: In early April, Bitdeer signed an SPA and a turnkey agreement for the acquisition and construction of a 50 MW mining datacenter in Ethiopia for US$7.5 million, including a local company with a mining permit, a 33kV substation connection, and a 4-year Power Purchase Agreement (PPA) with Ethiopian Electric Power Company. The Company is collaborating with an EPC contractor with specialized experience in Bitcoin mining and targeting energization by Q4 2025.

    Management Commentary

    “We achieved significant operational progress in March,” stated Matt Kong, Chief Business Officer at Bitdeer. “First, we completed mass production of 3.8 EH/s our SEALMINER A1 mining rigs and energized 2.8 EH/s, increasing our self-mining hashrate to 11.5 EH/s at the end of March with the remaining to be installed and turned on in April. Second, we launched the SEALMINER A2 Pro series Bitcoin mining rigs, delivering an efficiency of 14.9 J/TH. Finally, we obtained regulatory approval for Phase 1 and 2 of our Tydal, Norway site and we expect to energize more than 600 MW of power capacity over the next few months, including our Bhutan site.”

    Production and Operations Summary

    Metrics Mar 2025 Feb 2025 Mar 2024
    Total hash rate under management1(EH/s) 24.2 20.9 22.5
    – Proprietary hash rate 12.1 9.4 8.4
    • Self-mining 11.5 9.0 6.7
    • Cloud Hash Rate – – 1.7
    • Delivered but not hashing 0.6 0.4 0.0
    – Hosting 12.1 11.5 14.1
    Mining rigs under management 175,000 163,000 226,000
    – Self-owned2 97,000 88,000 86,000
    – Hosted 78,000 75,000 140,000
    Bitcoins mined (self-mining only) 114 110 294
    Bitcoin held3 1,156 1,039 58


    1
    Total hash rate under management as of March 31, 2025 across the Company’s primary business lines: Self-mining, Cloud Hash Rate, and Hosting.

    • Self-mining refers to cryptocurrency mining for the Company’s own account, which allows it to directly capture the high appreciation potential of cryptocurrency.
    • Cloud Hash Rate offers hash rate subscription plans and shares mining income with customers under certain arrangements. The Cloud Hash Rate stated above reflects the contracted hash rate with customers at month-end.
    • Hosting encompasses a one-stop mining machine hosting solution including deployment, maintenance, and management services for efficient cryptocurrency mining.

    2Self-owned mining machines are for the Company’s self-mining business and Cloud Hash Rate business.
    3Bitcoins held do not include the Bitcoins from deposits of the customers.

    Infrastructure Construction Update

    Rockdale, Texas – 100 MW Hydro-cooling conversion energization commenced:

    • All cooling system delivered and installed.
    • Approximately 1.4 EH/s of SEALMINER A1 hydro mining rigs have been energized.
    • Energization in accordance with the phase of delivery of mining rigs.

    Tydal, Norway – 175 MW site expansion anticipated to be fully energized by mid-2025:

    • Regulatory approval has been obtained.
    • 70 MW will be ready for energization and commissioning in early April, with the remaining 105 MW to be commissioned by mid-2025.
    • Installation of the transformers has been completed, with the delivery and installation of electrical equipment currently in progress. Additionally, the procurement and delivery of containers and hydro-cooling systems are underway, and drainage systems construction is ongoing.

    Massillon, Ohio – 221 MW site construction has begun ahead of schedule:

    • Substation construction is underway and is expected to be completed in Q3 2025.
    • Building design is completed and construction has begun earlier than expected, estimated to be completed in phases between Q3 and Q4 2025.
    • Estimated energization is expected to be completed in phases over Q3 and Q4 2025.

    Clarington Phase 2, Ohio – 304 MW: Signed lease agreement with the landlord and negotiating with regional utility.

    Jigmeling, Bhutan – 500 MW site is progressing well and is expected to be energized in phases beginning in April through June 2025:

    • All electrical equipment has been delivered and is currently being installed, with completion expected by Q2 2025.
    • The first main 132kV transformer has been powered on. The second main 132kV transformer is expected to be powered on in April 2025.
    • Construction of the 220kV substation is underway and is expected to be completed by Q2 2025.
    • Delivery of containers and hydro-cooling systems are in progress and is expected to be completed in phases by Q2 2025.

    Fox Creek, Alberta – 101 MW site acquired in Alberta, sitting on 19 acres, is fully licensed and permitted:

    • Acquisition includes all permits and licenses to construct an on-site natural gas power plant, as well as approval for a 99 MW grid interconnection with Alberta Electric System Operator (“AESO”).
    • Bitdeer will develop and construct the power plant in partnership with a leading engineering, procurement and construction (“EPC”) company and is expected to be energized by Q4 2026.

    Oromia Region, Ethiopia – Signed an SPA and a turnkey agreement for the acquisition and construction of a 50 MW Bitcoin mining project in Ethiopia for US$7.5 million:

    • Acquisition includes local Ethiopian company with a mining permit, connected to a neighboring transmission substation at 33kV interconnection.
    • This local Ethiopian company has signed a Power Purchase Agreement (PPA) with Ethiopian Electric Power Company for a duration of 4 years at an electricity price of approximately US$0.036/ kWh.
    • Bitdeer is working closely with an EPC contractor with specialized experience in Bitcoin mining and this mining project is expected to be energized in Q4 2025.
    Site / Location Capacity (MW) Status Timing4
    Electrical capacity      
    – Rockdale, Texas 563 Online Completed
    – Knoxville, Tennessee 86 Online Completed
    – Wenatchee, Washington 13 Online Completed
    – Molde, Norway 84 Online Completed
    – Tydal, Norway 50 Online Completed
    – Gedu, Bhutan 100 Online Completed
    Total electrical capacity 8955    
    Pipeline capacity      
    – Tydal, Norway Phase 1 70 In progress April 2025
    – Tydal, Norway Phase 2 105 In progress Mid 2025
    – Massillon, Ohio 221 In progress Q3-Q4 2025
    – Clarington, Ohio Phase 1 266 In progress Q3 2025
    – Clarington, Ohio Phase 2 304 Pending approval Estimate 2026
    – Jigmeling, Bhutan 500 In progress Q2 2025
    – Rockdale, Texas 179 In planning Estimate 2026
    – Alberta, Canada 99 In planning Q4 2026
    – Oromia Region, Ethiopia 50 In planning Q4 2025
    Total pipeline capacity 1,794    
    Total global electrical capacity 2,689    


    4
    Indicative timing. All timing references are to calendar quarters and years.
    5 Figures may not add up due to rounding.

    Upcoming Conferences and Events

    • April 8 – 9, 2025: Jones Healthcare and Technology Innovation Conference in Las Vegas, Nevada
    • April 16, 2025: Jefferies Power x Coin Virtual Conference
    • May 14 – 15, 2025: Macquarie Asia Conference 2025 in Hong Kong
    • May 19 – 20, 2025: Barclay 15th Annual Emerging Payments and Fintech Forum in New York City
    • May 20, 2025: Benchmark Virtual Digital Asset Seminar
    • May 21 – 22, 2025: B. Riley 25th Annual Investor Conference in Marina Del Rey, California
    • May 28, 2025: Orange Group & Blockware Sell-side and Buy-side Conference in Las Vegas, Nevada

    About Bitdeer Technologies Group

    Bitdeer is a world-leading technology company for Bitcoin mining. Bitdeer is committed to providing comprehensive Bitcoin mining solutions for its customers. The Company handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. The Company also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. To learn more, visit https://ir.bitdeer.com/ or follow Bitdeer on X @ BitdeerOfficial and LinkedIn @ Bitdeer Group.

    Investors and others should note that Bitdeer may announce material information using its website and/or on its accounts on social media platforms, including X, formerly known as Twitter, Facebook, and LinkedIn. Therefore, Bitdeer encourages investors and others to review the information it posts on the social media and other communication channels listed on its website.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.

    For investor and media inquiries, please contact:

    Investor Relations
    Orange Group
    Yujia Zhai
    bitdeerIR@orangegroupadvisors.com

    Public Relations
    BlocksBridge Consulting
    Nishant Sharma
    bitdeer@blocksbridge.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Emerald Technology Ventures Celebrates Four Portfolio Companies in TIME’s World’s Top GreenTech Companies of 2025

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, April 09, 2025 (GLOBE NEWSWIRE) — Emerald Technology Ventures, a global pioneer in venture capital dedicated to sustainable technologies and industrial innovation, has announced that four of its portfolio companies have been named to TIME magazine’s prestigious Top GreenTech Companies of 2025 list. Nanograf, Tropic, and Ineratec secured spots in the top 100, while Paptic landed in the top 150. The TIME Magazine and Statista analysis evaluated over 8,000 companies worldwide, considering factors such as environmental impact, financial strength, and innovative potential. Emerald Technology Ventures’ success in this ranking highlights the firm’s keen eye for transformative green technologies.

    As the first independent cleantech venture capital fund in Europe, Emerald has carved out a distinctive space in venture capital for over two decades, leading the charge for sustainable industrial innovation. Emerald backs innovators that deliver both environmental impact and financial success. Today’s recognition underscores that sustainable technology is not just a moral imperative—it’s instrumental in gaining a competitive advantage, with Emerald at the forefront of helping large corporations adapt and discover the technology that will bring their business into a successful future.

    Highlighted Portfolio Companies

    Nanograf
    Ranked as 51, the Chicago based company, Nanograf, is a leader in advanced battery materials. By developing advanced graphene-based materials, Nanograf dramatically improves battery performance and energy storage capabilities. Their innovative nanotechnology solutions enable longer-lasting, faster-charging batteries for electric vehicles and renewable energy storage systems, addressing critical challenges in clean energy infrastructure.

    Tropic
    Another honoree, ranked 82, Tropic (formerly Tropic Biosciences) continues to push the boundaries in sustainable agriculture through genetic innovation. Its flagship innovation leverages gene-editing technologies, such as CRISPR, to develop resilient tropical crops like bananas and coffee. Tropic’s work enhances crop durability against climate change-induced stresses—drought, pests, and diseases—while reducing pesticide use and food waste. For instance, its non-browning banana variety extends shelf life, addressing supply chain inefficiencies.

    Ineratec
    Also placed in the top 100, Ineratec, ranked 94, is a pioneer of sustainable synthetic fuels through its Power-to-Liquid (PtL) technology. Its innovation centers on modular, microstructured reactors that convert renewable electricity, CO2 (captured from the air or industrial sources), and hydrogen into carbon-neutral e-fuels like e-kerosene, e-diesel, and e-methanol. These drop-in fuels decarbonize hard-to-abate sectors like aviation and shipping, with a Frankfurt facility set to become Europe’s largest e-fuel plant by late 2025, producing thousands of tons annually. Ineratec’s scalable, efficient reactors offer superior heat transfer and rapid deployment, advancing the shift from fossil fuels to renewable energy carriers.

    Paptic
    Securing a position as 144, Paptic represents Emerald’s diverse approach to sustainable innovation. Based in Espoo, Finland, Paptic is redefining packaging with its wood-based, recyclable material designed to replace single-use plastics. Its innovation is a bio-based, fiber-derived “paper-textile” that combines the durability and flexibility of plastic with the recyclability and biodegradability of paper. Produced from sustainably managed forests, Paptic’s material—available in variants like Tringa—saves 20-30% water and energy compared to traditional paper production while offering tear resistance and water repellency. Used in e-commerce packaging, retail bags, and more, it integrates with existing manufacturing lines, supporting a circular economy by reducing plastic waste and fossil resource dependency.

    About Emerald Technology Ventures
    Emerald is a globally recognized venture capital firm, founded in 2000, that manages and advises assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm invests in start-ups that tackle big challenges in climate change and sustainability, with four current funds, hundreds of venture transactions and five third-party investment mandates, including loan guarantees to over 100 start-ups. Bold Ideas. Bright Future. www.emerald.vc.

    Media Contact
    Len Fernandes
    Firecracker PR
    len@firecrackerpr.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/71b23075-0133-4355-bc40-24f7174a9fdf

    The MIL Network –

    April 10, 2025
  • MIL-OSI: Samsung Ads and Magnite Deepen Partnership to Enhance Audience Addressability in Streaming TV

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced an expanded global partnership with Samsung Ads, the advanced advertising division of Samsung Electronics. From 2023 to 2024, Samsung Ads saw double-digit percentage gross revenue growth on the Magnite Streaming SSP as a result of their successful collaboration.

    To bolster audience addressability in streaming, Samsung Ads will leverage the Magnite Access product to better manage behavioral audience data across Magnite platforms. Magnite Access helps media owners like Samsung Ads increase the volume of targeted impressions in Magnite’s exchanges and drive higher CPMs and revenue.

    The partnership expansion follows closely on the heels of Samsung’s continued success in the US and globally. Samsung Ads has cultivated the largest single source of TV data in the US market attained with user consent. Samsung TV Plus, Samsung’s free ad-supported TV (FAST) and on-demand (AVOD) service, has 88 million monthly active users and recently launched in Singapore, the Philippines, and Thailand, with Magnite facilitating programmatic access to this inventory for the first time in the region.

    “Alongside the rapid growth of our ads business, Magnite has been an instrumental partner helping us build custom technology to improve our programmatic monetization,” said Joe Melaragno, Head of Channel Sales at Samsung Ads. “Our collaboration with Magnite has led to a number of breakthroughs including simplified genre targeting to support contextual advertising, improved forecasting capabilities, and a significant reduction in timeouts to complement our rapid viewership growth on Samsung TV Plus. We’re very excited to see how Magnite Storefront within the Magnite Access suite can bring additional value to our data capabilities and further empower our sales team to deliver best-in-class solutions for advertisers.”

    “As ad-supported streaming continues to rise in popularity, Samsung Ads is at the forefront of delivering best-in-class experiences to viewers worldwide,” said Ryan Kenney, SVP, Streaming Platform at Magnite. “We’re pleased to continue our collaboration with Samsung Ads to bring high-quality streaming TV advertising to more programmatic buyers and to make audience-based buying more prevalent and effective in this environment.”

    About Magnite
    We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.

    About Samsung Ads
    Samsung Ads puts the power of the world’s #1 Smart TV and mobile device brand to work for businesses of all shapes and sizes. With unrivaled reach across hundreds of millions of smart devices, Samsung Ads unlocks audiences at scale, helping advertisers break through to valuable opted-in consumers in the moments that matter most. Samsung Ads offers innovative ad formats in brand-safe ad environments with full-funnel performance solutions that drive measurable outcomes –from awareness, to consideration, to conversion.

    Today, Samsung Ads serves over 25 countries around the globe, bringing brands new ways to engage their audience across Samsung’s portfolio of premium entertainment services, including Samsung TV Plus –the #1 FAST service on hundreds of millions of TVs globally, Samsung Gaming Hub, Samsung Galaxy mobile apps, and beyond.

    Media Contact:
    Charlstie Veith
    cveith@magnite.com

    Investor Contact:
    Nick Kormeluk
    nkormeluk@magnite.com

    The MIL Network –

    April 10, 2025
  • MIL-OSI Australia: Do you know the next ACT Australian of the Year?

    Source: Northern Territory Police and Fire Services

    The 2023 ACT Australians of the Year: Caitlin Figueiredo, Joanne Farrell, Ebenezer Banful OAM, and Selina Walker

    When you hear the phrase “ACT Australian of the Year”, what do you think of?

    If it’s a lifelong successful career with a long list of awards, you may have the wrong idea.

    According to Lily Harrison, this is a common misunderstanding.

    Lily Harrison was a member of the selection panel for last year’s ACT Australian of the Year Awards. She is also the former Co-Chair of the ACT Youth Advisory Council.

    “We really limit our opportunities to celebrate young Australians if we look for a long-term and decorated commitment to the community, rather than for genuine interest and involvement,” she said.

    “Naming a recipient can be about recognising and encouraging young people who are active in their community, passionate about something and who have potential.”

    Lily read through many nominations last year. She said that her favourite ones to read were for people who didn’t have any awards or titles.

    “People who weren’t having a national reach, but who had identified a need specific to their community and were using their particular skill set to respond to that need,” she said.

    Nominations close on 31 July 2024. Now is the time to nominate the people in your life who inspire you.

    Lily said reading the nominations was her favourite part of being on last year’s panel. Some were from people who loved their grandparent or friend. Others were on behalf of highly accomplished professionals.

    “Both were heartening to read and, collectively, the nominations described a community of Canberrans who are passionate, innovative, showing up and making a difference,” she said.

    It only takes one nomination for an individual to be considered for the award.

    “Regardless of whether someone is named as recipient, or not, knowing someone has noticed their work and taken the time to write a nomination, can be a really rewarding acknowledgment and source of encouragement,” Lily said.

    Lily suggests including both the tangible and intangible elements of a nominee.

    “The nominations where you could really tell how much the nominee cares about the work they’re doing and how much they are valued by their community were, to me, so much more powerful than those with an enormous number of attached documents and links to news articles,” she said.

    “That being said, if you’re nominating them for something like their fundraising or their skill in organising a particular event, be specific about how much money they raised and the number of people who attended. It can be hard to name someone as a recipient if they sound really wonderful but you’re ultimately unsure what it is they’ve achieved.”


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    MIL OSI News –

    April 10, 2025
  • MIL-OSI Asia-Pac: Alert issued over fake video of the CE

    Source: Hong Kong Information Services

    The Government today appealed to the public to stay vigilant when it comes to a forged video created by artificial intelligence circulating online about an investment plan purportedly recommended by the Chief Executive.

     

    The fake video claimed that the Chief Executive urged the public to participate in an investment with high returns.

     

    In addition to solemnly clarifying that the so-called remarks by the Chief Executive are fictitious, the Government strongly condemned those who have attempted to distribute fake investment advice in the name of the Chief Executive.

     

    The incident has been referred to Police for a follow-up investigation, it added.

    MIL OSI Asia Pacific News –

    April 10, 2025
  • MIL-OSI Australia: Become someone’s hero this DonateLife Week

    Source: Northern Territory Police and Fire Services

    Heather and her husband, Steve, are enormously grateful for Heather’s second chance at life.

    Ainslie artist Heather Aspinall knows what it’s like to benefit from another’s generous act.

    This DonateLife Week – Sunday 28 July to Sunday 4 August – she shares her story to raise awareness of organ and tissue donation.

    Heather’s journey

    In 2018, Heather was diagnosed with a rare genetic condition.

    “Alpha 1 anti-trypsin deficiency (AATD) is a condition that usually affects the lungs, but in some people causes irreparable liver damage (cirrhosis),” Heather said.

    “It took a few months for it to sink in that I was, in fact, dying and that transplant was my only chance to survive.”

    In the years following her diagnosis, Heather was extremely unwell.

    She had to have large amounts of fluid drained weekly from her abdomen. She was also treated for aneurysms.

    While on the transplant list, Heather and her husband, Steve, waited patiently for ‘the call’.

    It came in January 2023. A donor liver was available.

    “In many ways I struggled a lot with the idea that someone else would have to die for me to live and that I did not feel worthy of all that sacrifice and effort,” she said.

    “There is no greater gift, nothing more generous than to save another person’s life with the gift of your organs or tissue.”

    Life post-transplant

    Eighteen months on and Heather’s health continues to improve gradually.

    “Before the transplant my life was basically being a full-time medical patient,” she said.

    “I am feeling much better than I used to. I’m walking up to 3km a day and looking forward to being able to return to dance classes and ice-skating soon.

    “My adult son is getting married later this year and every part of me is grateful that I will be alive to see it and be there for him to share in his joy and happiness. One day soon I hope to be able to hold a grandchild in my arms and know how precious life is to be able to do so.”

    A second chance at life

    Four in five Australians say they support organ donation, however, only 27 per cent of Canberrans have registered their wishes on the Australian Organ Donor Register, which is below the national average.

    Heather urges everybody to register during DonateLife Week.

    “It is such an easy way to become somebody’s hero! You don’t need to be a superhero, just a kind person with a generous heart (maybe literally!),” she said.

    “Every day, there are many occasions when I have to think to myself, I’m here because of the grace, kindness and generosity of my donor and their family, and whisper ‘thank you, donor’ to myself.”

    Register now

    It only takes one minute to register as an organ and tissue donor at donatelife.gov.au or with three taps on Express Plus Medicare app.

    Heather before (left) and after her transplant.


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    MIL OSI News –

    April 9, 2025
  • MIL-OSI Australia: Construction starts on Garden City Cycleway

    Source: Northern Territory Police and Fire Services

    The route will help make it easier for Canberrans to choose active travel.

    Work has begun on a new active transport route that will better connect the suburbs of the inner north with the city.

    The Garden City Cycleway will reduce traffic congestion and shape a liveable, sustainable city.

    The cycleway will be positioned east of Northbourne Avenue. It will run through:

    • Watson
    • Downer
    • Hackett
    • Dickson
    • Ainslie
    • Braddon.

    It will then join with Canberra’s main cycling network on Bunda and Allara streets.

    It will mirror the highly used Sullivans Creek path on the western side of Northbourne Avenue.

    The first stage of works will be a new cycleway from Cooyong Street in Braddon through to Angas Street in Ainslie.

    The first part of construction will be along Torrens Street. There will be a four-metre-wide concrete walking and cycling path in the eastern verge of Torrens Street. It will run from Cooyong Street to Henty Street. There will also be a three-metre-wide path continuing from Henty Street to Ijong Street in Braddon.

    The existing concrete path will be removed and replaced. Six new raised concrete zebra crossings will also be constructed along the route for safe passage.

    The $10 million project is jointly funded by the Australian and ACT Governments. Each is committing $5 million.

    Procurement is underway for the next two construction packages. These will include works along:

    • Torrens Street
    • Ijong Street and
    • Angas Street.

    These works include new traffic lights at the intersection of Limestone Avenue and Ijong Street.

    Construction of the first package along Torrens Street between Cooyong and Ipma Street is expected to take around seven months to complete. It is expected to be open for use in early 2025.

    For more information, visit www.cityservices.act.gov.au/Infrastructure-Projects.


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    MIL OSI News –

    April 9, 2025
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