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Category: Asia

  • Pakistan fears militants will thrive on restive border if Iran destabilised

    Source: Government of India

    Source: Government of India (4)

    Separatist and jihadist militants on the Pakistan-Iran border could take advantage of any collapse of authority in Iran, fears that Pakistan’s army chief pressed in a meeting this week with the U.S. President Donald Trump.

    Anti-Iranian and anti-Pakistan outfits operate on both sides of the 560-mile (900km) long border. As Israel bombs Iran’s nuclear program, its officials have repeatedly indicated that they are seeking to destabilize the Iranian government or see it toppled.

    As well as worrying about chaos spilling over from Iran, Pakistan is concerned about the precedent set by Israel of attacking the nuclear installations of another country. Nuclear-armed rivals Pakistan and India fought a four-day conflict in May.

    Following a Wednesday lunch at the White House with Pakistan’s army chief, Field Marshal Asim Munir, Trump said: “They’re not happy about anything”, referring to Pakistan’s views on the Israel-Iran conflict.

    Pakistan’s military said on Thursday that the two had discussed Iran,“with both leaders emphasizing the importance of resolution of the conflict”.

    Pakistan has condemned Israel’s attack on Iran as a violation of international law.

    “This is for us a very serious issue what is happening in our brotherly country of Iran,” Shafqat Ali Khan, spokesman for Pakistan’s Ministry of Foreign Affairs, said on Thursday. “It imperils the entire regional security structures, it impacts us deeply.”

    Some of the militant groups on the border have welcomed the upheaval.

    Jaish al-Adl (JaA), an Iranian jihadist group formed from ethnic Baluch and Sunni Muslim minorities and which operates from Pakistan, said Israel’s conflict with Iran was a great opportunity.

    “Jaish al-Adl extends the hand of brotherhood and friendship to all the people of Iran and calls on all people, especially the people of Baluchistan, as well as the armed forces, to join the ranks of the Resistance,” the group said in a statement on June 13.

    Conversely, Pakistan fears that separatist militants from its own Baluch minority, which are based in Iran, will also seek to step up attacks.

    “There’s a fear of ungoverned spaces, which would be fertile ground for terrorist groups,” said Maleeha Lodhi, a former Pakistani ambassador to Washington.

    Pakistan has unstable borders with Taliban-run Afghanistan and arch-rival India. It does not want to add another volatile frontier on its long border with Iran.

    The Iran-Pakistan border region is populated with ethnic Baluch, a minority in both countries who have long complained about discrimination and launched separatist movements. On Pakistan’s side, the region is a province called Balochistan and in Iran it is Sistan-Baluchistan.

    Until Israel’s bombing of Iran, Tehran was closer to Pakistan’s arch-rival India. Pakistan and Iran had even traded air strikes last year, accusing each other of harboring Baluch militants. But the attack on Iran has upended alliances, as India has not condemned Israel’s bombing campaign.

    China has also said that it is deeply concerned about the security situation in Balochistan, with the area being a focus of Beijing’s multi-billion dollar infrastructure investment program in Pakistan, centred on the new Chinese-run port of Gwadar. Baluch militant groups in Pakistan have previously targeted Chinese personnel and projects.

    On Iranian side of the border, Tehran has at different times accused Pakistan, Gulf nations, Israel and the United States of backing the anti-Iran Baluch groups.

    Simbal Khan, an analyst based in Islamabad, said the different Baluch groups could morph into a “greater Baluchistan” movement which seeks to carve out a new nation from the Baluch areas of Pakistan and Iran.

    “They’re all going to fight together if this blows up,” said Khan.

    (Reuters)

    June 20, 2025
  • MIL-OSI Asia-Pac: Outreach Music Interest Courses open for applications

    Source: Hong Kong Government special administrative region

    Outreach Music Interest Courses open for applications 
         Introductory courses available include classical vocal singing, classical guitar, ukulele, little harp, keyboard and musicianship. Instrumental enrichment courses include erhu, zheng, yangqin, dizi, violin, cello, flute, clarinet and saxophone. There are also ensemble training for Chinese and Western music, music theory (Grades 1 and 2) and aural training. The course fees range from $320 to $1,350.
     
         Other Chinese and Western musical instrument foundation classes will cover erhu, liuqin, pipa, zhongruan, zheng, yangqin, dizi, xiao, violin, viola, cello, flute, clarinet, saxophone, trumpet and percussion (glockenspiel and practice pad). The course fee is $1,440 each.
     
         In a new course of OMICs, “Introduction to ‘Pure Data’ Music Programming”, participants will learn to use “Pure Data”, a free graphical programming software, for sound design and music creation. The course welcomes adults that have passed Grade 5 or above in music theory. Participants should bring their own laptop computer and other necessary equipment to class. The fee of this course is $760.
     
         In addition, the “Keyboard Playing (Numbered Musical Notation)” course, which covers numbered musical notation reading, melody-playing techniques and simple chord applications, welcomes adults who have completed the “Introduction to Keyboard Playing (Foundation I)” course organised by the Music Office, or those who have acquired basic skills in playing the keyboard with both hands. The course fee is $650.
     
         All OMICs are conducted in Cantonese. The courses will be held at different venues across the territory, namely Hong Kong Cultural Centre, Tsuen Wan Town Hall, Tuen Mun Town Hall, North District Town Hall, Sheung Wan Civic Centre, Sai Wan Ho Civic Centre, Tai Po Civic Centre, Ngau Chi Wan Civic Centre, Kwai Tsing Theatre, Yuen Long Theatre, Ko Shan Theatre, Hong Kong Central Library and the Music Office’s music centres in Wan Chai, Mong Kok, Kwun Tong, Sha Tin and Tsuen Wan. Participants of the online course “ABCs of Musicianship” are required to prepare their own electronic device equipped with a wireless or broadband data connection, a webcam and the software Zoom in advance.
     
         Online applications are now available on the Music Office website (www.lcsd.gov.hk/musicoffice 
         For enquiries, please call 3842 7773, 2598 0801 or 2598 8335 or email to
    outreachmusic@lcsd.gov.hkIssued at HKT 15:00

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    June 20, 2025
  • MIL-OSI Asia-Pac: Government appoints self-recommended youth members to Women’s Commission

    Source: Hong Kong Government special administrative region

    The Government announced today (June 20) the appointment of Miss Hotchandani Mamta Chandiram and Miss Waverly Yeung Yuk-mui to the Women’s Commission (WoC) through the Member Self-recommendation Scheme for Youth (MSSY) for a term from July 15, 2025, to January 14, 2027.

    Since its establishment in 2001, the WoC has spared no effort in promoting the well-being and interests of women in Hong Kong and advising the Government on policies and initiatives on women’s affairs.

    The Government regularly recruits young persons aged between 18 and 35 who are eager to serve the community to join the Government’s advisory committees through the MSSY with a view to providing more opportunities for young people to participate in policy discussions.

    MIL OSI Asia Pacific News –

    June 20, 2025
  • MIL-OSI Asia-Pac: Appointments to Green Technology and Finance Development Committee announced

    Source: Hong Kong Government special administrative region

         The Government announced today (June 20) the appointment of three new non-official members and the reappointment of 10 serving non-official members to the Green Technology and Finance Development Committee for a period of two years from June 23, 2025, to June 22, 2027.
     
         The membership list in the new term is as follows:
     
    Chairman
    ——-
    Financial Secretary
     
    Non-official members (in alphabetical order of surnames)
    ————————-
    Ms Clara Chan Yuen-shan
    Dr Vincent Cheng Sai-yau
    Dr Dai Fan (newly appointed)
    Ms Loretta Fong Wan-huen
    Professor Gong Peng (newly appointed)
    Professor Alex Jen Kwan-yue
    Ms Poman Lo
    Mr Lu Jiahui (newly appointed)
    Dr Ma Jun
    Mr Philip Ng Kim-lam
    Dr Conrad Wong Tin-cheung
    Miss Vriko Yu Pik-fan
    Dr Martin Zhu Yihao
     
    Official members
    ——————-
    Secretary for Financial Services and the Treasury
    Secretary for Environment and Ecology
    Secretary for Housing
    Secretary for Innovation, Technology and Industry
    Permanent Secretary for Financial Services and the Treasury (Financial Services)
    Deputy Secretary for Transport and Logistics 1
    Head of Project Strategy and Governance Office, Development Bureau
    Chairman, Council for Carbon Neutrality and Sustainable Development
    Chief Executive Officer, Securities and Futures Commission
    Chief Executive Officer, Insurance Authority
    Deputy Chief Executive, Hong Kong Monetary Authority
    Group Chief Sustainability Officer, Hong Kong Exchanges and Clearing Limited
    Chief Executive Officer, Hong Kong Cyberport Management Company Limited
    Chief Executive Officer, Hong Kong Science and Technology Parks Corporation
     
         A Government spokesman said, “Since its establishment in June 2023, the Committee has provided valuable insights across various areas, including fostering the creation of a green technology ecosystem, developing green finance, green transportation and green buildings, as well as promoting and highlighting Hong Kong’s strengths in these areas. We firmly believe that, with the extensive market experience and professional expertise of the Committee members, their invaluable advice will further advance the development of green technology and finance in Hong Kong.
     
         “We express our gratitude to the outgoing members, Mr Wang Hongbo, Dr George Lam, and Mr Jonathan Drew for their contributions to the work of the Committee during their tenure.”
     
         The Committee was established on June 23, 2023, to assist in the formation of an action agenda for promoting the development of Hong Kong into an international green technology and financial centre. Members of the Committee include representatives from relevant policy bureaux, departments and financial regulators, as well as non-official members from the finance, technology, academic, professional services sectors, etc.

    MIL OSI Asia Pacific News –

    June 20, 2025
  • MIL-OSI Asia-Pac: Govt publishes green transit scheme

    Source: Hong Kong Information Services

    A scheme for the Smart & Green Mass Transit System in East Kowloon was published in the Government Gazette today.

    Construction of the proposed 7km-long rapid transit line will commence once the scheme – which is in accordance with the Railways Ordinance – is authorised, and the work is expected to be completed by 2033 or earlier.

    The system comprises nine stations. Its two termini will be connected to Choi Hung MTR Station and Yau Tong MTR Station respectively, with the line passing through Choi Wan, Shun Lee, Shun On, Sau Mau Ping, Po Tat, Ma Yau Tong and Lam Tin North. It will serve more than over 300,000 residents in Kwun Tong’s uphill areas.

    The Government said the system will provide convenient transport feeder services to these areas, improving access to Choi Hung MTR Station and Yau Tong MTR Station and unleashing the development potential of East Kowloon.

    The estimated journey time from Po Tat to Yau Tong or Choi Hung under the new scheme will be around ten to 15 minutes, which is about half of the journey time using road-based transport during peak hours.

    Under the Railways Ordinance, members of the public have the chance to object to the scheme, and can register their objections from today until August 19. Those with compensable interests can claim compensation.

    MIL OSI Asia Pacific News –

    June 20, 2025
  • Several injured in Russia’s overnight attack on Ukraine’s Odesa

    Source: Government of India

    Source: Government of India (4)

    At least 14 people were injured when Russian drones attacked the Ukrainian Black Sea city of Odesa overnight, damaging high-rise buildings and railway infrastructure, local authorities said on Friday.

    Odesa is Ukraine’s largest Black Sea port, key for imports and exports, and has been under constant missile and drone attacks by Russia since the war began.

    “Despite the active work of air defence forces, there is damage to civilian infrastructure, including residential buildings, a higher education institution, a gas pipeline and private cars,” local governor Oleh Kiper said on Telegram messenger.

    Kiper released photos of burning houses and charred high-rise buildings.

    Local emergencies service said that during the attack there were at least 10 drone strikes on residential buildings, causing massive fires.

    Ukraine’s air force said on Friday that Russia had launched 86 drones on Ukraine overnight.

    The military noted its air defence units shot down 34 drones while another 36 drones were lost – in reference to the Ukrainian military using electronic warfare to redirect them – or they were drone simulators that did not carry warheads.

    However, the military reported that drones hit 8 locations.

    Ukrainian state railways Ukrzaliznytsia reported that Odesa railway station was damaged during the attack, with power wires and rails damaged.

    Russian drones also attacked Kharkiv in northeastern Ukraine overnight, damaging several private and multi-storey houses, Kharkiv officials said.

    (Reuters)

    June 20, 2025
  • MIL-OSI: Prosafe SE: Operational update – May 2025

    Source: GlobeNewswire (MIL-OSI)

    20 June 2025 – Fleet utilisation for May 2025 was 60 per cent.   

    Safe Zephyrus, Safe Eurus and Safe Notos operated at full capacity in May, achieving 99 to 100 per cent commercial uptime.  

    As announced, Safe Notos has been awarded a four-year contract with Petrobras in Brazil commencing September 2026 in continuation of its existing contract.  

    Safe Caledonia commenced operations at the Captain Field in the UK on 02 June 2025.   

    Safe Boreas is currently being transported to Singapore ahead of her upcoming contract in Australia. 

    Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com  

    For further information, please contact:  

    Terje Askvig, CEO 

    Phone: +47 952 03 886 

    Reese McNeel, CFO 

    Phone: +47 415 08 186 

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. 

    The MIL Network –

    June 20, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN delivers remarks and launches APASTI at the Opening Ceremony of AMMSTI-21

    Source: ASEAN

    At the Opening Ceremony of the 21st ASEAN Ministerial Meeting on Science, Technology and Innovation (AMMSTI-21) in Jakarta this morning, Secretary-General of ASEAN, Dr. Kao Kim Hourn, delivered Opening Remarks and officiated the Launch of the ASEAN Plan of Action on Science, Technology and Innovation (APASTI) 2026–2035, alongside other Ministers and representatives from ASEAN Member States. APASTI envisions “An integrated ASEAN powered by STI, fostering seamless collaboration, global competitiveness through enhanced innovative performance, sustainability and economic growth for a prosperous future.”
     
    At the same event, AMMSTI also launched the ASEAN-Japan NEXUS Programme, with Japan committed USD 100 million to strengthen STI cooperation, and unveiled the ASEAN Regional Research Infrastructure Landscape Study, laying the foundation for shared research capacity and regional innovation hubs.

    Download the full opening remarks here.

    The post Secretary-General of ASEAN delivers remarks and launches APASTI at the Opening Ceremony of AMMSTI-21 appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    June 20, 2025
  • MIL-OSI Economics: Secretary-General of ASEAN delivers remarks and launches APASTI at the Opening Ceremony of AMMSTI-21

    Source: ASEAN

    At the Opening Ceremony of the 21st ASEAN Ministerial Meeting on Science, Technology and Innovation (AMMSTI-21) in Jakarta this morning, Secretary-General of ASEAN, Dr. Kao Kim Hourn, delivered Opening Remarks and officiated the Launch of the ASEAN Plan of Action on Science, Technology and Innovation (APASTI) 2026–2035, alongside other Ministers and representatives from ASEAN Member States. APASTI envisions “An integrated ASEAN powered by STI, fostering seamless collaboration, global competitiveness through enhanced innovative performance, sustainability and economic growth for a prosperous future.”
     
    At the same event, AMMSTI also launched the ASEAN-Japan NEXUS Programme, with Japan committed USD 100 million to strengthen STI cooperation, and unveiled the ASEAN Regional Research Infrastructure Landscape Study, laying the foundation for shared research capacity and regional innovation hubs.

    Download the full opening remarks here.

    The post Secretary-General of ASEAN delivers remarks and launches APASTI at the Opening Ceremony of AMMSTI-21 appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    June 20, 2025
  • MIL-Evening Report: Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position

    Source: The Conversation (Au and NZ) – By Shumi Akhtar, Associate Professor, University of Sydney

    Marlon Trottmann/Shutterstock

    The Australian origins of Santos have made an indelible mark on the company’s very name. The energy giant was first incorporated in 1954 under the acronym for “South Australia Northern Territory Oil Search”. It was publicly listed on the Adelaide Stock Exchange that same year.

    Fast forward to today, there are pressing questions about whether Santos could serve Australia’s national interest if it was largely in the hands of a foreign government.

    This week, it was announced a consortium led by the investment division of state-owned Abu Dhabi National Oil Company (ADNOC) had made an all-cash takeover bid of almost A$29 billion for Santos. This would value the company at $36.4 billion (including its debt).

    Santos’ board has said it will support the deal if there isn’t a better offer on the table. But it will first have to clear a raft of regulatory approvals – not only in Australia but also Papua New Guinea and the United States, where Santos has operations.

    The acquisition would be a monumental event in Australia’s corporate history. Key elements of this country’s critical energy infrastructure are at stake.

    But it’s set to put a difficult decision before the Foreign Investment Review Board (FIRB) and Treasurer Jim Chalmers. On the FIRB’s advice, Chalmers will have to balance Australia’s stated desire to attract foreign investment with the need to protect national interests.

    Who’s trying to buy – and why?

    Also in the ADNOC-led consortium of prospective buyers are US private equity firm Carlyle and a sovereign wealth fund of the United Arab Emirates, Abu Dhabi Development Holding Company (ADQ). There are a few key reasons for their interest.

    First, ADNOC is keenly interested in expanding its footprint in gas and liquefied natural gas (LNG). Acquiring Santos would give it a stake in much of Australia’s gas production and established LNG export facilities. This includes major operations at Gladstone and Darwin.

    They would also gain a share in two important Papua New Guinean projects: PNG LNG and the yet-to-be-developed Papua LNG. These assets are particularly attractive because they offer direct access to the growing Asian LNG markets, where future demand is projected to be strong.

    Second, the acquisition would allow ADNOC to diversify its portfolio and gain control of export capacity from Australia and PNG to the Asia Pacific region. Santos’s Gladstone LNG plant, for example, has significant export capacity. Much of Santos’ LNG capacity is under medium and long-term contracts.

    And third, the timing of this bid is strategic. Santos has recently been in a period of high capital expenditure. A number of major projects are nearing completion. A successful takeover could free up funding for further development.

    ADNOC is the state-owned oil company of Abu Dhabi in the United Arab Emirates.
    Marco Curaba/Shutterstock

    Defining national interest

    For regulators assessing the move, the potential takeover touches upon many national security, energy supply, and economic concerns for Australia.

    One of the primary concerns is the potential loss of control over critical energy infrastructure.

    Foreign ownership, especially by a state-linked investor such as ADNOC, raises questions about whose interests will ultimately shape strategic decisions about Australia’s essential gas flows, pricing, or even the integrity of operational technology systems.

    There’s also concern that a foreign owner could prioritise LNG exports over domestic supply. That could potentially exacerbate domestic gas shortages and price hikes. In the eastern states of Australia, such issues are already a concern.

    This is not the first time the Australian government has faced a tough decision on a foreign takeover bid in the oil and gas sector. In 2018, the Morrison government blocked a $13 billion Chinese bid for gas pipeline operator APA Group. It said a single foreign owner should not control Australia’s largest pipeline business.

    And the then-Treasurer Peter Costello blocked Royal Dutch/Shell’s $10 billion blockbuster offer for Woodside Petroleum in 2001, also in the national interest.

    The national interest checklist

    On the other hand, Australia generally welcomes foreign investment. It brings capital, creates jobs, and supports economic growth.

    If this deal proceeds to final stages, the decision could become a “test case” for Australia. Can we still attract global capital while also diligently safeguarding our sovereign interests?

    The consortium has made commitments to maintain Santos’s headquarters in South Australia, preserve jobs and invest in growth and decarbonisation initiatives. But this is only part of the picture.

    The FIRB and the Treasurer will need to consider how the deal would affect:

    • national security and critical infrastructure, including ownership and control risk, system integrity and supply chain vulnerability
    • the economy (such as on jobs and investment, tax revenues)
    • energy security and domestic gas supply
    • other Australian government policies, such as climate targets
    • the character of the investor
    • the complexity of regulation.

    The FIRB and the Treasurer must be acutely aware that few other nations have extended the same generosity to foreign investors as Australia has over recent decades.

    This generosity, while attracting capital, has also raised concerns about the nation’s control over its vital assets.

    The SA government has already signalled it won’t stand idly by if the deal is “not in the interests of South Australians”.

    All of this sits in the context of ongoing questions about how little tax is being paid by some multinationals while exploiting Australia’s natural resources.

    It is paramount the Australian government makes a forward-looking, informed decision. This should serve Australia’s best interests, rather than those of foreign entities.

    Associate Professor Akhtar has been invited to make several submissions to national Senate inquiries on tax, trade, and investment, and some of the material from those submissions has been drawn upon in writing this article.

    – ref. Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position – https://theconversation.com/australia-wants-more-foreign-investment-thats-why-a-29-billion-bid-for-santos-puts-the-treasurer-in-a-tricky-position-259153

    MIL OSI Analysis – EveningReport.nz –

    June 20, 2025
  • MIL-Evening Report: Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position

    Source: The Conversation (Au and NZ) – By Shumi Akhtar, Associate Professor, University of Sydney

    Marlon Trottmann/Shutterstock

    The Australian origins of Santos have made an indelible mark on the company’s very name. The energy giant was first incorporated in 1954 under the acronym for “South Australia Northern Territory Oil Search”. It was publicly listed on the Adelaide Stock Exchange that same year.

    Fast forward to today, there are pressing questions about whether Santos could serve Australia’s national interest if it was largely in the hands of a foreign government.

    This week, it was announced a consortium led by the investment division of state-owned Abu Dhabi National Oil Company (ADNOC) had made an all-cash takeover bid of almost A$29 billion for Santos. This would value the company at $36.4 billion (including its debt).

    Santos’ board has said it will support the deal if there isn’t a better offer on the table. But it will first have to clear a raft of regulatory approvals – not only in Australia but also Papua New Guinea and the United States, where Santos has operations.

    The acquisition would be a monumental event in Australia’s corporate history. Key elements of this country’s critical energy infrastructure are at stake.

    But it’s set to put a difficult decision before the Foreign Investment Review Board (FIRB) and Treasurer Jim Chalmers. On the FIRB’s advice, Chalmers will have to balance Australia’s stated desire to attract foreign investment with the need to protect national interests.

    Who’s trying to buy – and why?

    Also in the ADNOC-led consortium of prospective buyers are US private equity firm Carlyle and a sovereign wealth fund of the United Arab Emirates, Abu Dhabi Development Holding Company (ADQ). There are a few key reasons for their interest.

    First, ADNOC is keenly interested in expanding its footprint in gas and liquefied natural gas (LNG). Acquiring Santos would give it a stake in much of Australia’s gas production and established LNG export facilities. This includes major operations at Gladstone and Darwin.

    They would also gain a share in two important Papua New Guinean projects: PNG LNG and the yet-to-be-developed Papua LNG. These assets are particularly attractive because they offer direct access to the growing Asian LNG markets, where future demand is projected to be strong.

    Second, the acquisition would allow ADNOC to diversify its portfolio and gain control of export capacity from Australia and PNG to the Asia Pacific region. Santos’s Gladstone LNG plant, for example, has significant export capacity. Much of Santos’ LNG capacity is under medium and long-term contracts.

    And third, the timing of this bid is strategic. Santos has recently been in a period of high capital expenditure. A number of major projects are nearing completion. A successful takeover could free up funding for further development.

    ADNOC is the state-owned oil company of Abu Dhabi in the United Arab Emirates.
    Marco Curaba/Shutterstock

    Defining national interest

    For regulators assessing the move, the potential takeover touches upon many national security, energy supply, and economic concerns for Australia.

    One of the primary concerns is the potential loss of control over critical energy infrastructure.

    Foreign ownership, especially by a state-linked investor such as ADNOC, raises questions about whose interests will ultimately shape strategic decisions about Australia’s essential gas flows, pricing, or even the integrity of operational technology systems.

    There’s also concern that a foreign owner could prioritise LNG exports over domestic supply. That could potentially exacerbate domestic gas shortages and price hikes. In the eastern states of Australia, such issues are already a concern.

    This is not the first time the Australian government has faced a tough decision on a foreign takeover bid in the oil and gas sector. In 2018, the Morrison government blocked a $13 billion Chinese bid for gas pipeline operator APA Group. It said a single foreign owner should not control Australia’s largest pipeline business.

    And the then-Treasurer Peter Costello blocked Royal Dutch/Shell’s $10 billion blockbuster offer for Woodside Petroleum in 2001, also in the national interest.

    The national interest checklist

    On the other hand, Australia generally welcomes foreign investment. It brings capital, creates jobs, and supports economic growth.

    If this deal proceeds to final stages, the decision could become a “test case” for Australia. Can we still attract global capital while also diligently safeguarding our sovereign interests?

    The consortium has made commitments to maintain Santos’s headquarters in South Australia, preserve jobs and invest in growth and decarbonisation initiatives. But this is only part of the picture.

    The FIRB and the Treasurer will need to consider how the deal would affect:

    • national security and critical infrastructure, including ownership and control risk, system integrity and supply chain vulnerability
    • the economy (such as on jobs and investment, tax revenues)
    • energy security and domestic gas supply
    • other Australian government policies, such as climate targets
    • the character of the investor
    • the complexity of regulation.

    The FIRB and the Treasurer must be acutely aware that few other nations have extended the same generosity to foreign investors as Australia has over recent decades.

    This generosity, while attracting capital, has also raised concerns about the nation’s control over its vital assets.

    The SA government has already signalled it won’t stand idly by if the deal is “not in the interests of South Australians”.

    All of this sits in the context of ongoing questions about how little tax is being paid by some multinationals while exploiting Australia’s natural resources.

    It is paramount the Australian government makes a forward-looking, informed decision. This should serve Australia’s best interests, rather than those of foreign entities.

    Associate Professor Akhtar has been invited to make several submissions to national Senate inquiries on tax, trade, and investment, and some of the material from those submissions has been drawn upon in writing this article.

    – ref. Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position – https://theconversation.com/australia-wants-more-foreign-investment-thats-why-a-29-billion-bid-for-santos-puts-the-treasurer-in-a-tricky-position-259153

    MIL OSI Analysis – EveningReport.nz –

    June 20, 2025
  • India, Central American Integration System hold virtual dialogue to deepen cooperation

    Source: Government of India

    Source: Government of India (4)

    India and the Central American Integration System (SICA) held a virtual dialogue on Wednesday to strengthen bilateral cooperation and deepen engagement across key sectors. The meeting was co-chaired by Rajesh Vaishnaw, Additional Secretary, Ministry of External Affairs, and Alejandro Solano, Vice Minister of Multilateral Affairs of Costa Rica, which currently holds the Pro-Tempore Presidency of SICA.

    Senior officials from the SICA Secretariat, including the Director of International Cooperation, Carmen Marroquín, and representatives from SICA member countries also participated in the discussions.

    Highlighting the shared values of democracy, sustainable development, and South-South cooperation, the Indian side reaffirmed its commitment to supporting the region through its development partnership initiatives. These include the Indian Technical and Economic Cooperation (ITEC) programme, Quick Impact Projects (QIPs), and a dedicated SME grant programme.

    Vaishnaw emphasized India’s readiness to collaborate with SICA in areas such as digital transformation, affordable healthcare, disaster resilience, and renewable energy, underscoring India’s success in these fields.

    SICA member countries appreciated India’s proactive and consistent support, especially during the COVID-19 pandemic and other natural disasters. Both sides agreed to further enhance cooperation in critical sectors including food and nutritional security, health, connectivity, agriculture, digital infrastructure, energy, and trade and investment.

    The dialogue reaffirmed the commitment to sustained political engagement and regional cooperation, with Panama set to assume the SICA presidency later this year.

    June 20, 2025
  • DGFT imposes new restrictions on imports of precious metal alloys and compounds

    Source: Government of India

    Source: Government of India (4)

    The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, has issued two new notifications aimed at regulating the import of certain precious metal alloys and chemical compounds.

    As per the notification issued on 17 June, the government has restricted the import of alloys of palladium, rhodium and iridium containing more than 1 % gold by weight. This expands the earlier restriction on platinum imports (issued on 5 March 2025) to cover the entire Customs Tariff Heading (CTH) 7110 at the 4-digit level, ensuring a uniform import policy across precious metals and their alloys.

    However, the import of alloys containing less than 1 % gold remains unrestricted, thereby safeguarding the interests of key industrial sectors such as electronics, automotive components, and specialised chemical manufacturing. This calibrated policy aims to strike a balance between trade facilitation and regulatory oversight.

    In a related move, DGFT has also issued another notification restricting the import of colloidal metals and certain compounds under CTH 2843. The restriction is intended to curb the misuse of chemical imports for bringing gold into the country in disguised forms.
    To support genuine industrial needs, imports under CTH 2843 will be permitted against an import authorisation, specifically for sectors such as electronics, electrical, and chemical manufacturing.

    Detailed notifications are available on the DGFT website at https://dgft.gov.in.

    June 20, 2025
  • Indian stock market opens higher amid positive Asian cues

    Source: Government of India

    Source: Government of India (4)

    Indian equity markets opened on a positive note on Friday, supported by firm cues from Asian peers. Gains in PSU bank, IT, and auto stocks contributed to the early momentum.

    At 9:25 a.m., the BSE Sensex was up 228.15 points, or 0.28%, at 81,590.02. The NSE Nifty also advanced, rising 55.10 points, or 0.22%, to 24,848.35.

    In sectoral indices, the Nifty Bank rose by 102.35 points (0.18%) to trade at 55,679.80. However, broader markets showed mixed trends. The Nifty Midcap 100 declined marginally by 16.85 points (0.03%) to 57,143.10, while the Nifty Smallcap 100 slipped 62.50 points (0.35%) to 17,950.60.

    Analysts noted that the Nifty has been consolidating within a range of 24,500 to 25,000 over the past month. This trend, they said, is likely to persist unless there is a decisive geopolitical development.

    “There is uncertainty surrounding the Israel-Iran conflict. A resolution or sudden end to the war could trigger a breakout on the upside. However, if the war drags on and crude prices rise above $85 per barrel, we may see pressure on the lower end of the range,” said Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    Among the top gainers on the Sensex were Bajaj Finserv, UltraTech Cement, Mahindra & Mahindra, SBI, Axis Bank, and Sun Pharma. On the other hand, IndusInd Bank, Bajaj Finance, Tech Mahindra, Kotak Mahindra Bank, and Power Grid Corporation were among the major laggards.

    Foreign institutional investors (FIIs) continued their buying streak for the third consecutive session on June 19, with net purchases worth ₹934.62 crore. Domestic institutional investors (DIIs) also remained net buyers, purchasing equities worth ₹605.97 crore on the same day.

    Across Asia, markets in Bangkok, Tokyo, Seoul, Hong Kong, and Shanghai were trading in the green. Jakarta was the only major market in the region trading in the red.

    Meanwhile, US markets remained closed on Thursday in observance of Juneteenth National Independence Day. In the previous session on Wednesday, the Dow Jones Industrial Average declined by 44.14 points (0.10%) to close at 42,171.66. The S&P 500 ended 1.85 points lower (0.03%) at 5,980.87, while the Nasdaq gained 25.18 points (0.13%) to settle at 19,546.27.

    June 20, 2025
  • MIL-OSI United Kingdom: Call for sponsorship in relation to Fashion and Luxury Trade Mission to Japan

    Source: United Kingdom – Government Statements

    World news story

    Call for sponsorship in relation to Fashion and Luxury Trade Mission to Japan

    The British Embassy in Tokyo is calling for sponsors to support an exclusive showcase and reception, welcoming UK delegates from the Fashion and Luxury sector.

    The British Embassy in Tokyo is delighted to present an opportunity for partners and sponsors to support an exclusive showcase and reception, welcoming UK delegates from the Fashion and Luxury sector.

    This exclusive event will also host key figures from Japan’s Fashion and Luxury industries, creating a valuable platform for networking and collaboration. The shared objective is to strengthen commercial ties and boost UK exports to the Japanese market.

    UK brands will be showcased in the elegant setting of the historic Ambassador’s Residence, these invitation-only events will bring together an elite audience of Japanese fashion buyers, luxury media, stylists, cultural tastemakers and business leaders for a showcase of modern British excellence.

    Companies interested in partnering or sponsoring this exciting initiative at the British Embassy Tokyo are invited to express their interest by contacting the Embassy no later than July 27th 2025.

    This event is being delivered as part of the UK at EXPO program and so some restrictions may apply.

    For partnership and sponsorship enquiries, please contact:  jennifer.fleming@businessandtrade.gov.uk for the attention of Jennifer Fleming

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    Published 20 June 2025

    MIL OSI United Kingdom –

    June 20, 2025
  • MIL-OSI Russia: Over the past 11 years, 5,000 China-Europe/Central Asia freight trains have passed through Anhui Province

    Translation. Region: Russian Federal

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

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

    BEIJING, June 20 (Xinhua) — A freight train loaded with 100 TEUs (20-foot equivalent units) departed from Hefei in east China’s Anhui Province for Tashkent on Thursday morning, bringing the total number of China-Europe/Central Asia trains that have passed through the province in the past 11 years to 5,000, Dawan Xinwen Port News reported.

    The aforementioned train will cross the Chinese state border at the Khorgos checkpoint, which is on the border with Kazakhstan, and will deliver consumer electronics, auto parts and tires worth a total of $2 million to Central Asia.

    International railway transportation on China-Central Asia routes has been carried out in Hefei since 2014. Currently, China-Europe/Central Asia routes connect the administrative center of Anhui Province with 170 railway stations in 20 countries.

    According to statistics, 5,190 standard containers of cargo have been shipped from Hefei to Central Asia by rail since the beginning of this year. The increase in the indicator compared to the same period last year was 24.88 percent.

    The development of rail links between China and Europe/Central Asia is stimulating growth in exports of locally produced goods. To date, more than 1,500 freight trains have been sent from Hefei specifically to transport products from leading local companies, including automakers Chery, Jianghuai and consumer electronics maker Changhong Meiling. -0-

    MIL OSI Russia News –

    June 20, 2025
  • MIL-OSI Asia-Pac: Basketball betting bill published

    Source: Hong Kong Information Services

    The Betting Duty (Amendment) Bill 2025, which provides for a regulatory framework in relation to basketball betting, was published in the Government Gazette today.

    The amendments to the existing ordinance include granting power to the Secretary for Home & Youth Affairs to issue a licence for basketball betting and to impose licensing conditions; provisions for the calculation and collection of betting duties; and an expansion of the functions of the Betting & Lotteries Commission to cover matters relating to the regulation of basketball betting.

    The Home & Youth Affairs Bureau emphasised that the Government does not encourage gambling as a matter of policy. On the regulation of gambling activities through legislation, it said the policy objective of providing authorised gambling outlets is to address public demand for certain gambling activities whilst preventing people from turning to illegal operators.

    If the bill is enacted, the Government – with reference to the current regime for betting on horse racing and football – will issue a licence to the Hong Kong Jockey Club to operate basketball betting, and impose licensing conditions so as to minimise the negative impact of gambling on the public, especially on young people.

    As with football betting, the duty for basketball betting will be charged at 50% of the net stake receipts.

    In addition, the Government will continue to collaborate closely with the Ping Wo Fund Advisory Committee to strengthen publicity and counselling for young people.

    In addition to four existing funded counselling centres, the Government will allocate additional resources to establish a new centre dedicated to providing counselling and support services for youth.

    Public education efforts will also be strengthened to emphasise to young people that participating in illegal gambling or placing bets with an illegal bookmaker is a criminal offence.

    The bill will be introduced for first reading in the Legislative Council on July 2. 

    MIL OSI Asia Pacific News –

    June 20, 2025
  • MIL-Evening Report: 15 months after ‘flour massacre’ shock, Israel commits daily Gaza food aid killings

    BEARING WITNESS: By Cole Martin in occupied Bethlehem

    Kia ora koutou, 

    I’m a Kiwi journo in occupied Bethlehem, here’s a brief summary of today’s events across the Palestinian and Israeli territories from on the ground.

    At least 16 killed by Israeli airstrike on al-Shati refugee camp in northern Gaza. 92 killed across Gaza in total, a significant number while seeking aid. 15 months after the shocking “flour massacre”, Israeli forces are now committing daily massacres against Gazan residents desperately seeking food due to Israel’s policy of forced starvation. These ongoing war crimes have been met with indifference, justification, and ongoing impunity from global leaders.

    *

    Jerusalem’s Old City markets remain closed for the seventh consecutive day after restrictions were imposed under the pretext of “wartime emergency”. Meanwhile, across the besieged West Bank the occupation forces continue demolishing homes in Tulkarm and Jenin refugee camps, where more than 40,000 residents have been displaced by Israel’s months-long “military operation”.

    Israeli soldiers occupying houses south of Jenin as military barracks, embedding themselves among Palestinian civilians as they have for several days in Al Khalil/Hebron.

    Around two-dozen young men detained in Asakra village south-east of Bethlehem, and several more in Laban village, south of Nablus. A young man, Moataz, 22, was executed by Israeli forces in his home village of Wolja west of Bethlehem. Movement of ambulances has been affected by gasoline shortages in Bethlehem. Forces invaded Plata camp in East Nablus for the second day in a row.

    *

    Israel bombed the outskirts of Shabaa town, in southern Lebanon, yet another violation of ceasefire agreements.

    *

    An Iranian missile hit Beersheba’s Soroka hospital in southern Israel last night, with no resulting casualties — Iran claiming it targeted a nearby military site. Outrage at the war crime has highlighted widespread double-standards across Israeli society and globally. Israeli forces have destroyed, bombed, or damaged 38 hospitals in Gaza over their 20-month genocidal war on the enclave, with the World Health Organisation recording around 700 attacks on Gazan healthcare facilities in that same period. Israeli residents have erected tents, transforming an underground parking lot into a bomb shelter.

    *

    Several more retaliatory volleys of Iranian missiles targeted the Israeli territories throughout the day, as heavy Israeli assaults continued on Iranian territories. Israel’s reported death toll has risen to 24, with Iran’s rising to 639.

    Cole Martin is an independent New Zealand photojournalist based in the Middle East and a contributor to Asia Pacific Report.

    MIL OSI Analysis – EveningReport.nz –

    June 20, 2025
  • US court lets Trump retain control of California National Guard for now

    Source: Government of India

    Source: Government of India (4)

    A U.S. appeals court let Donald Trump on Thursday retain control over California’s National Guard while the state’s Democratic governor proceeds with a lawsuit challenging the legality of the Republican president’s use of the troops to quell protests and unrest in Los Angeles.

    A three-judge panel of the San Francisco-based 9th U.S. Circuit Court of Appeals extended a pause it placed on U.S. District Judge Charles Breyer’s June 12 ruling that Trump had called the National Guard into federal service unlawfully.

    Breyer’s ruling was issued in a lawsuit against Trump’s action brought by Governor Gavin Newsom.

    Breyer ruled that Trump violated the U.S. law governing a president’s ability to take control of a state’s National Guard by failing to coordinate with the governor, and also found that the conditions set out under the statute to allow this move, such as a rebellion against federal authority, did not exist.

    Breyer ordered Trump to return control of California’s National Guard to Newsom. Hours after Breyer acted, the 9th Circuit panel put the judge’s move on hold temporarily.

    Amid protests and turmoil in Los Angeles over Trump’s immigration raids, the president on June 7 took control of California’s National Guard and deployed 4,000 troops against the wishes of Newsom. Trump also ordered 700 U.S. Marines to the city after sending in the National Guard. Breyer has not yet ruled on the legality of the Marine Corps mobilization.

    At a court hearing on Tuesday on whether to extend the pause on Breyer’s decision, members of the 9th Circuit panel questioned lawyers for California and the Trump administration on what role, if any, courts should have in reviewing Trump’s authority to deploy the troops.

    The law sets out three conditions under which a president can federalize state National Guard forces, including an invasion, a “rebellion or danger of a rebellion” against the government or a situation in which the U.S. government is unable with regular forces to execute the country’s laws.

    The Justice Department has said that once the president determines that an emergency that warrants the use of the National Guard exists, no court or state governor can review that decision.

    Trump’s decision to send troops into Los Angeles prompted a national debate about the use of the military on U.S. soil and inflamed political tensions in the second most-populous U.S. city.

    The protests in Los Angeles lasted for more than a week, but subsequently ebbed, leading Los Angeles Mayor Karen Bass to lift a curfew she had imposed.

    California argued in its June 9 lawsuit that Trump’s deployment of the National Guard and the Marines violated the state’s sovereignty and U.S. laws that forbid federal troops from participating in civilian law enforcement.

    The lawsuit stated the situation in Los Angeles was nothing like a “rebellion.” The protests involved sporadic acts of violence that state and local law enforcement were capable of handling without military involvement, according to the lawsuit.

    The Trump administration has denied that troops are engaging in law enforcement, saying that they are instead protecting federal buildings and personnel, including U.S. Immigration and Customs Enforcement officers.

    The 9th Circuit panel is comprised of two judges appointed by Trump during his first term and one appointee of Democratic former President Joe Biden.

    (Reuters)

    June 20, 2025
  • US court lets Trump retain control of California National Guard for now

    Source: Government of India

    Source: Government of India (4)

    A U.S. appeals court let Donald Trump on Thursday retain control over California’s National Guard while the state’s Democratic governor proceeds with a lawsuit challenging the legality of the Republican president’s use of the troops to quell protests and unrest in Los Angeles.

    A three-judge panel of the San Francisco-based 9th U.S. Circuit Court of Appeals extended a pause it placed on U.S. District Judge Charles Breyer’s June 12 ruling that Trump had called the National Guard into federal service unlawfully.

    Breyer’s ruling was issued in a lawsuit against Trump’s action brought by Governor Gavin Newsom.

    Breyer ruled that Trump violated the U.S. law governing a president’s ability to take control of a state’s National Guard by failing to coordinate with the governor, and also found that the conditions set out under the statute to allow this move, such as a rebellion against federal authority, did not exist.

    Breyer ordered Trump to return control of California’s National Guard to Newsom. Hours after Breyer acted, the 9th Circuit panel put the judge’s move on hold temporarily.

    Amid protests and turmoil in Los Angeles over Trump’s immigration raids, the president on June 7 took control of California’s National Guard and deployed 4,000 troops against the wishes of Newsom. Trump also ordered 700 U.S. Marines to the city after sending in the National Guard. Breyer has not yet ruled on the legality of the Marine Corps mobilization.

    At a court hearing on Tuesday on whether to extend the pause on Breyer’s decision, members of the 9th Circuit panel questioned lawyers for California and the Trump administration on what role, if any, courts should have in reviewing Trump’s authority to deploy the troops.

    The law sets out three conditions under which a president can federalize state National Guard forces, including an invasion, a “rebellion or danger of a rebellion” against the government or a situation in which the U.S. government is unable with regular forces to execute the country’s laws.

    The Justice Department has said that once the president determines that an emergency that warrants the use of the National Guard exists, no court or state governor can review that decision.

    Trump’s decision to send troops into Los Angeles prompted a national debate about the use of the military on U.S. soil and inflamed political tensions in the second most-populous U.S. city.

    The protests in Los Angeles lasted for more than a week, but subsequently ebbed, leading Los Angeles Mayor Karen Bass to lift a curfew she had imposed.

    California argued in its June 9 lawsuit that Trump’s deployment of the National Guard and the Marines violated the state’s sovereignty and U.S. laws that forbid federal troops from participating in civilian law enforcement.

    The lawsuit stated the situation in Los Angeles was nothing like a “rebellion.” The protests involved sporadic acts of violence that state and local law enforcement were capable of handling without military involvement, according to the lawsuit.

    The Trump administration has denied that troops are engaging in law enforcement, saying that they are instead protecting federal buildings and personnel, including U.S. Immigration and Customs Enforcement officers.

    The 9th Circuit panel is comprised of two judges appointed by Trump during his first term and one appointee of Democratic former President Joe Biden.

    (Reuters)

    June 20, 2025
  • SpaceX Starship rocket explodes in setback to Musk’s Mars mission

    Source: Government of India

    Source: Government of India (4)

    SpaceX’s massive Starship spacecraft exploded into a dramatic fireball during testing in Texas late on Wednesday, the latest in a series of setbacks for billionaire Elon Musk’s Mars rocket program.

    The explosion occurred around 11 p.m. local time while Starship was on a test stand at its Brownsville, Texas Starbase while preparing for the tenth test flight, SpaceX said in a post on Musk’s social-media platform X.

    The company attributed it to a “major anomaly” and said all personnel were safe. Its engineering teams were investigating the incident, and it was coordinating with local, state and federal agencies regarding environmental and safety impacts, the company said.

    “Preliminary data suggests that a nitrogen COPV in the payload bay failed below its proof pressure,” Musk said in a post on X, in a reference to a nitrogen gas storage unit known as a Composite Overwrapped Pressure Vessel. “If further investigation confirms that this is what happened, it is the first time ever for this design,” he continued.

    The Starship rocket appeared to experience at least two explosions in quick succession, lighting up the night sky and sending debris flying, according to video capturing the moment it exploded.

    The 400-foot (122-meter) tall Starship rocket system is at the core of Musk’s goal of sending humans to Mars. But it has been beset by a string of failures this year.

    In late May, SpaceX’s Starship rocket spun out of control about halfway through a flight without achieving some of its most important testing goals. The Starship lifted off from SpaceX’s Starbase, Texas, launch site, flying beyond the point of two previous explosive attempts earlier this year that sent debris streaking over Caribbean islands and forced dozens of airliners to divert course.

    Two months earlier, the spacecraft exploded in space minutes after lifting off from Texas, prompting the U.S. Federal Aviation Administration (FAA) to halt air traffic in parts of Florida.

    Videos on social media showed fiery debris streaking through the dusk skies near South Florida and the Bahamas after Starship broke up in space shortly after it began to spin uncontrollably with its engines cut off, a SpaceX live stream of the mission showed. Musk called that explosion “a minor setback.”

    The FAA said earlier this month that it had closed an agency-required investigation into the mishap, citing the probable cause as a hardware failure in one of the engines. SpaceX identified eight corrective actions to prevent a recurrence and the FAA said it verified SpaceX implemented those prior to the late May Starship mission.

    In January, a Starship rocket broke up in space minutes after launching from Texas, raining debris over Caribbean islands and causing minor damage to a car in the Turks and Caicos Islands.

    (Reuters)

    June 20, 2025
  • PM Modi to launch projects worth ₹18,600 crore in Odisha, unveil vision document

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi will chair the state-level event in Bhubaneswar today, commemorating one year of the newly elected government in Odisha. The Prime Minister’s visit is set to mark the beginning of a fresh phase of development in the state, with the inauguration and foundation laying of projects valued at over ₹18,600 crore.

    The projects span a wide range of critical sectors, including drinking water supply, irrigation, agriculture-related infrastructure, healthcare, and rural connectivity. Notable among them are new national highway segments, a new railway line, and other public infrastructure intended to improve service delivery and quality of life across Odisha.

    A landmark feature of the day’s agenda will be the flagging off of new train services extending to Boudh district—bringing it onto the national railway map for the first time. This move is expected to bolster regional connectivity and support local economic growth.

    In an effort to promote clean energy and sustainable urban transport, the Prime Minister will also flag off 100 electric buses under the Capital Region Urban Transport (CRUT) system. Designed to serve the capital and adjoining regions, the initiative is aimed at reducing the carbon footprint of urban mobility while enhancing convenience for daily commuters.

    Another key highlight will be the release of the Odisha Vision Document, which presents a long-term development strategy for the state. Framed with an eye on two landmark milestones—2036, the centenary of Odisha as India’s first linguistic state, and 2047, the centenary of Indian independence—the document outlines a roadmap for inclusive and sustainable growth across sectors.

    Further adding to the cultural and heritage agenda of the state, the Prime Minister will launch the Baraputra Aitihya Gram Yojana. This scheme seeks to convert the birthplaces of prominent Odia personalities into heritage villages, complete with museums, statues, interpretation centres, and libraries. It is expected to both preserve Odisha’s rich cultural history and promote heritage tourism.

    The Prime Minister will also felicitate women achievers from across Odisha. The ceremony will honour over 16.5 lakh “Lakhpati Didis”, women who have attained economic self-reliance through various government-supported livelihood initiatives.

     

     

     

     

    June 20, 2025
  • PM Modi to launch projects worth ₹18,600 crore in Odisha, unveil vision document

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi will chair the state-level event in Bhubaneswar today, commemorating one year of the newly elected government in Odisha. The Prime Minister’s visit is set to mark the beginning of a fresh phase of development in the state, with the inauguration and foundation laying of projects valued at over ₹18,600 crore.

    The projects span a wide range of critical sectors, including drinking water supply, irrigation, agriculture-related infrastructure, healthcare, and rural connectivity. Notable among them are new national highway segments, a new railway line, and other public infrastructure intended to improve service delivery and quality of life across Odisha.

    A landmark feature of the day’s agenda will be the flagging off of new train services extending to Boudh district—bringing it onto the national railway map for the first time. This move is expected to bolster regional connectivity and support local economic growth.

    In an effort to promote clean energy and sustainable urban transport, the Prime Minister will also flag off 100 electric buses under the Capital Region Urban Transport (CRUT) system. Designed to serve the capital and adjoining regions, the initiative is aimed at reducing the carbon footprint of urban mobility while enhancing convenience for daily commuters.

    Another key highlight will be the release of the Odisha Vision Document, which presents a long-term development strategy for the state. Framed with an eye on two landmark milestones—2036, the centenary of Odisha as India’s first linguistic state, and 2047, the centenary of Indian independence—the document outlines a roadmap for inclusive and sustainable growth across sectors.

    Further adding to the cultural and heritage agenda of the state, the Prime Minister will launch the Baraputra Aitihya Gram Yojana. This scheme seeks to convert the birthplaces of prominent Odia personalities into heritage villages, complete with museums, statues, interpretation centres, and libraries. It is expected to both preserve Odisha’s rich cultural history and promote heritage tourism.

    The Prime Minister will also felicitate women achievers from across Odisha. The ceremony will honour over 16.5 lakh “Lakhpati Didis”, women who have attained economic self-reliance through various government-supported livelihood initiatives.

     

     

     

     

    June 20, 2025
  • PM Modi to launch projects worth ₹18,600 crore in Odisha, unveil vision document

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi will chair the state-level event in Bhubaneswar today, commemorating one year of the newly elected government in Odisha. The Prime Minister’s visit is set to mark the beginning of a fresh phase of development in the state, with the inauguration and foundation laying of projects valued at over ₹18,600 crore.

    The projects span a wide range of critical sectors, including drinking water supply, irrigation, agriculture-related infrastructure, healthcare, and rural connectivity. Notable among them are new national highway segments, a new railway line, and other public infrastructure intended to improve service delivery and quality of life across Odisha.

    A landmark feature of the day’s agenda will be the flagging off of new train services extending to Boudh district—bringing it onto the national railway map for the first time. This move is expected to bolster regional connectivity and support local economic growth.

    In an effort to promote clean energy and sustainable urban transport, the Prime Minister will also flag off 100 electric buses under the Capital Region Urban Transport (CRUT) system. Designed to serve the capital and adjoining regions, the initiative is aimed at reducing the carbon footprint of urban mobility while enhancing convenience for daily commuters.

    Another key highlight will be the release of the Odisha Vision Document, which presents a long-term development strategy for the state. Framed with an eye on two landmark milestones—2036, the centenary of Odisha as India’s first linguistic state, and 2047, the centenary of Indian independence—the document outlines a roadmap for inclusive and sustainable growth across sectors.

    Further adding to the cultural and heritage agenda of the state, the Prime Minister will launch the Baraputra Aitihya Gram Yojana. This scheme seeks to convert the birthplaces of prominent Odia personalities into heritage villages, complete with museums, statues, interpretation centres, and libraries. It is expected to both preserve Odisha’s rich cultural history and promote heritage tourism.

    The Prime Minister will also felicitate women achievers from across Odisha. The ceremony will honour over 16.5 lakh “Lakhpati Didis”, women who have attained economic self-reliance through various government-supported livelihood initiatives.

     

     

     

     

    June 20, 2025
  • IDY 2025: PM Modi’s efforts gave yoga global recognition, says Delhi CM Rekha Gupta

    Source: Government of India

    Source: Government of India (4)

    Delhi Chief Minister Rekha Gupta on Friday praised Prime Minister Narendra Modi for bringing global recognition to yoga, inspiring countries around the world to embrace the practice with enthusiasm.

    Addressing an event at a Yoga, Meditation, and Medical Camp in Delhi’s Shalimar Bagh ahead of International Yoga Day, Gupta said, “PM Modi got Yoga Day recognized on the world stage in such a way that every country in the world is adopting Yoga with great affection today… India will be able to prosper only if it remains healthy.”

    The central theme for this year’s International Yoga Day is “Yoga for One Earth, One Health,” underlining the connection between individual wellness and planetary health.

    Now in its 11th year, International Yoga Day was first observed in 2015 following a resolution moved by Prime Minister Narendra Modi at the United Nations in 2014. The inaugural celebration in New Delhi set two Guinness World Records — one for the largest yoga session and another for the most nationalities participating in a single event.

    The Centre has rolled out 10 key initiatives this year, with Yoga Sangam as the flagship event. Scheduled for June 21, from 6:30 am to 7:45 am, it will host a synchronized mass yoga demonstration at over one lakh locations nationwide. Prime Minister Narendra Modi will lead the celebrations from Visakhapatnam, Andhra Pradesh. Other events include Yoga Bandhan, Yoga Park, Harit Yoga, and Yoga Mahakumbh.

    ANI

    June 20, 2025
  • IDY 2025: PM Modi’s efforts gave yoga global recognition, says Delhi CM Rekha Gupta

    Source: Government of India

    Source: Government of India (4)

    Delhi Chief Minister Rekha Gupta on Friday praised Prime Minister Narendra Modi for bringing global recognition to yoga, inspiring countries around the world to embrace the practice with enthusiasm.

    Addressing an event at a Yoga, Meditation, and Medical Camp in Delhi’s Shalimar Bagh ahead of International Yoga Day, Gupta said, “PM Modi got Yoga Day recognized on the world stage in such a way that every country in the world is adopting Yoga with great affection today… India will be able to prosper only if it remains healthy.”

    The central theme for this year’s International Yoga Day is “Yoga for One Earth, One Health,” underlining the connection between individual wellness and planetary health.

    Now in its 11th year, International Yoga Day was first observed in 2015 following a resolution moved by Prime Minister Narendra Modi at the United Nations in 2014. The inaugural celebration in New Delhi set two Guinness World Records — one for the largest yoga session and another for the most nationalities participating in a single event.

    The Centre has rolled out 10 key initiatives this year, with Yoga Sangam as the flagship event. Scheduled for June 21, from 6:30 am to 7:45 am, it will host a synchronized mass yoga demonstration at over one lakh locations nationwide. Prime Minister Narendra Modi will lead the celebrations from Visakhapatnam, Andhra Pradesh. Other events include Yoga Bandhan, Yoga Park, Harit Yoga, and Yoga Mahakumbh.

    ANI

    June 20, 2025
  • MIL-OSI Asia-Pac: Basic housing units bill published

    Source: Hong Kong Information Services

    The Basic Housing Units (BHUs) Bill, which introduces a regulatory regime for the letting of subdivided units (SDUs) in residential buildings, was published in the Government Gazette today.

    The bill is aimed at tackling the issue of substandard SDUs and ensuring reasonable and safe living conditions in SDUs.

    It requires SDUs in residential buildings to comply with a set of minimum standards. These relate to minimum internal floor area and headroom, fire safety, structural safety, lighting and ventilation, toilet provision, water supply points, and water and electricity meters.

    In addition, obtaining BHU recognition is a prerequisite for letting SDUs out for habitation. Anyone who lets out an unrecognised SDU will be held criminally liable. Tenants will not be held liable. 

    As a transitional arrangement to implement the BHU regulatory regime progressively, the Government will set up a 12-month registration system for residential flats with pre-existing SDUs. Under this system, a 36-month grace period will be provided to allow for necessary alteration works and applications for BHU recognition.

    Unregistered SDUs, registered SDUs following the expiry of the grace period, and new SDUs entering the market must all obtain recognition as up-to-standard BHUs before they can be lawfully let out for habitation.

    The bill will be introduced into the Legislative Council for first and second readings on July 9.

    The Government said it will make every effort to facilitate LegCo’s scrutiny and strive to have the bill passed as soon as possible, with a view to rolling out the BHU regulatory regime in March 2026. 

    MIL OSI Asia Pacific News –

    June 20, 2025
  • Prime Minister to inaugurate railway, power, and housing projects in Siwan, Bihar

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi will embark on a two-day visit to Bihar, Odisha, and Andhra Pradesh, beginning his tour with a public programme in Bihar’s Siwan district, on Friday. At around noon, PM is scheduled to lay the foundation stone and inaugurate a series of development projects, addressing the gathering on the occasion.

    In Siwan, the Prime Minister will inaugurate the Vaishali–Deoria railway line, a project worth over ₹400 crore, and will flag off a new train service along this route. Additionally, in a move to strengthen regional connectivity, he will flag off a Vande Bharat Express between Patliputra and Gorakhpur via Muzaffarpur and Bettiah—an important link for North Bihar.

    In line with India’s “Make in India – Make for the World” campaign, PM Modi will flag off the first export locomotive manufactured at the Marhowra Plant. The locomotive, which will be shipped to the Republic of Guinea, is equipped with high-horsepower engines, advanced AC propulsion systems, and regenerative braking technologies.

    In alignment with efforts to clean and rejuvenate the Ganga, the Prime Minister will also inaugurate six sewage treatment plants under the Namami Gange programme. These plants, developed at a cost of over ₹1,800 crore, are intended to meet the sanitation needs of towns situated along the river and improve the overall water quality.

    Additionally, PM Modi will lay the foundation stone for a series of water supply and sanitation projects worth over ₹3,000 crore. These initiatives span several towns in Bihar and aim to ensure the delivery of clean and safe drinking water to local populations.

    Addressing the power sector, the Prime Minister will initiate the installation of a 500 MWh Battery Energy Storage System (BESS) across 15 grid substations in Bihar, including those in Muzaffarpur, Motihari, Bettiah, and Siwan. With capacities ranging from 20 to 80 MWh per substation, the BESS facilities are expected to help electricity distribution companies manage demand more efficiently by feeding stored electricity into the grid during peak hours.

    In the housing sector, PM Modi will release the first instalment under the Pradhan Mantri Awas Yojana (Urban) to more than 53,600 beneficiaries in Bihar. To mark the occasion, he will also hand over keys to a few recipients as part of a Grih Pravesh ceremony for over 6,600 newly constructed houses under the scheme.

    Following his engagements in Siwan, PM Modi will travel to Odisha and Andhra Pradesh to continue his official tour on June 21.

     

    June 20, 2025
  • US top diplomat Rubio discussed Israel-Iran war with key partners

    Source: Government of India

    Source: Government of India (4)

    U.S. Secretary of State Marco Rubio met British foreign minister David Lammy on Thursday and held separate calls with Australian Foreign Minister Penny Wong, French Foreign Minister Jean-Noel Barrot and Italian Foreign Minister Antonio Tajani to discuss the war between U.S. ally Israel and its regional rival Iran.

    KEY QUOTES

    The U.S. State Department said that Rubio and the foreign ministers agreed that “Iran can never develop or acquire a nuclear weapon.”

    Lammy said the same on X while adding that the situation in the Middle East “remained perilous” and a “window now exists within the next two weeks to achieve a diplomatic solution.”

    WHY IT’S IMPORTANT

    The air war between Iran and Israel – which began on June 13 when Israel attacked Iran – has raised alarms in a region that was already on edge since the start of Israel’s military assault on Gaza in October 2023.

    President Donald Trump will decide in the next two weeks whether the U.S. will get involved in the war, the White House said on Thursday. Trump has kept the world guessing on his plans, veering from proposing a swift diplomatic solution to suggesting Washington might join the fighting on Israel’s side.

    The White House said late on Thursday that Trump will take part in a national security meeting on Friday morning.

    CONTEXT

    Israel, which is the only country in the Middle East widely believed to have nuclear weapons, said it struck Iran to prevent Tehran from developing its own nuclear weapons. Iran, which says its nuclear program is peaceful, has retaliated with its own strikes on Israel.

    Iran is a party to Nuclear Non-Proliferation Treaty while Israel is not.

    Israeli air attacks have killed 639 people in Iran, the Human Rights Activists News Agency says. Israel says at least two dozen Israeli civilians have died in Iranian attacks.

    The foreign ministers of Britain, France, Germany and the European Union were due to meet in Geneva with Iran’s foreign minister on Friday to try to de-escalate the conflict.

    (Reuters)

    June 20, 2025
  • MIL-OSI Banking: Result of Underwriting Auction conducted on June 20, 2025

    Source: Reserve Bank of India

    In the underwriting auction conducted on June 20, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

    Nomenclature of the Security Notified Amount
    (₹ crore)
    Minimum Underwriting Commitment (MUC) Amount
    (₹ crore)
    Additional Competitive Underwriting Amount Accepted
    (₹ crore)
    Total Amount underwritten
    (₹ crore)
    ACU Commission Cut-off rate
    (Paise per ₹100)
    6.75% GS 2029 15,000 7,518 7,482 15,000 0.58
    7.09% GS 2054 12,000 6,006 5,994 12,000 0.94
    Auction for the sale of securities will be held on June 20, 2025.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/567

    MIL OSI Global Banks –

    June 20, 2025
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