NewzIntel.com

Category: Asia

  • MIL-OSI Asia-Pac: International Conference on Roads and Railways 2025 opens today (with photos)

    Source: Hong Kong Government special administrative region

         The International Conference on Roads and Railways 2025 co-organised by the Highways Department and the Hong Kong Institution of Highways and Transportation opened today (June 12). Themed on “Building Smart and Green Transport Infrastructure”, the conference takes place on two consecutive days at the Hong Kong Convention and Exhibition Centre, with over 30 Mainland, overseas and local experts in road and railway development and industry leaders leading nearly 700 participants to jointly explore the latest worldwide practices and technological advancements of smart and green transport infrastructure, as well as the development direction of future major transport infrastructure in Hong Kong through thematic speeches and panel discussions. Representatives from various consulates, industry leaders, scholars and government officials also attended the conference this morning.

         The Financial Secretary, Mr Paul Chan, officiated at the ceremony and said that roads and railways have long been the backbone of economic growth and social advancement. In the era of rapid technological advancement and growing climate urgency, the infrastructure has to be built smarter and greener, and the key strategy amidst is the planning approach of transit-oriented development which integrates high-density urban development with efficient public transport systems. Mr Chan also said that Hong Kong is happy to share the experiences on professional knowledge and expertise in transport infrastructure with the world. Taking the Northern Metropolis as an example, he mentioned that the development of this future major innovation and technology hub of Hong Kong with a projected population of 2.5 million and over 650 000 new jobs will be “infrastructure-led” and “capacity-creating”. He indicated that Hong Kong is committed to making the transport systems smarter and greener, and the Government also invests heavily in technology areas, including AI and robotics, new energy and new materials, and more; they will contribute to enhancing the efficiency and reliability of the transportation system. He also pointed out that Hong Kong is Asia’s leading green bond market, accounting for nearly half of the region’s total issuance. The city is also pioneering innovative financing models to unlock capital for global infrastructure development.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: NSL 5th anniversary expo opens

    Source: Hong Kong Information Services

    Secretary for Justice Paul Lam today officiated at the opening ceremony of the “5th Anniversary of Promulgation & Implementation of the Hong Kong National Security Law Thematic Exhibition” at the Museum of History.

    Mr Lam reiterated the three “must-nots” – must not forget history, turn a blind eye to reality and stand idly by.

    He said traditional Chinese wisdom has it that “history, if not forgotten, can serve as a guide for the future”.

    “We all surely remember the 2019 legislative amendment turmoil, which posed a grave threat to national security and severely undermined the peaceful and stable environment we took for granted.”

    Mr Lam also stated that “remain vigilant in times of peace” is another traditional Chinese wisdom.

    “Although Hong Kong society has restored stability and national security, threats are often not immediately visible. It is obvious that hostile states and forces continue to try to suppress our country’s development.

    “Since national security is closely related to individuals’ well-being, people must naturally take concrete steps and shoulder responsibilities in safeguarding national security.”

    Mr Lam pointed out that a robust legal system has long been the cornerstone of Hong Kong’s success. It is the prerequisite for the city to thrive as an international financial, trade, and shipping centre.

    On the foundation of three “must-nots”, Hong Kong must uphold the rule of law in safeguarding national security, he added.

    Also officiating at the ceremony, Secretary for Security Tang Ping-keung said safeguarding national sovereignty, security, and development interests is not only a constitutional duty of the Hong Kong Special Administrative Region, but also a fundamental obligation of every citizen.

    Mr Tang further stated that hostile forces have not given up and he reminded citizens to remain vigilant against the risks.

    The security chief explained that external hostile forces continue to attempt to undermine national security through smears and “sanctions” while anti-China destabilising elements in the city who have fled overseas continue to engage in activities and behaviours that threaten national security.

    Local terrorism and “soft resistance”, where individuals with ulterior motives exploit fake news and misinformation to divide society and incite hatred are the other risks, Mr Tang added.

    The exhibition is now open, with the aim to facilitate the public’s understanding of and appreciation for the hard-won situation that Hong Kong is now enjoying, and to motivate all to work together to help the city shine on the global stage.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Trident Announces up to $500 Million Financing Plan for XRP Treasury and appoints Chaince Securities LLC as the strategic advisor

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 12, 2025 (GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd (“Trident” or the “Company,” NASDAQ: TDTH), a leading catalyst for digital transformation in technology optimization services and Web 3.0 activation based in Singapore, today announced an initiative to raise up to $500 million to establish one of the world’s first large-scale corporate XRP Treasuries and appoints Chaince Securities LLC as the strategic advisor. This strategic move positions Trident at the forefront of integrating decentralized financial assets into treasury and capital management practices, marking a significant milestone in the evolution of blockchain-native financial infrastructure.

    The initiative will focus on the acquisition of XRP tokens as long-term strategic reserves, the deployment of staking mechanisms to generate yield, and deep engagement within the Ripple ecosystem. Trident will collaborate with select infrastructure and application projects, further strengthening its commitment to the advancement of decentralized finance.

    To support this initiative, Trident will raise capital through a mix of equity issuance, strategic placements, and structured financing instruments. The Company is currently in discussions with leading crypto foundations and institutional partners to secure favorable token acquisition terms and robust on-chain infrastructure.

    The initial rollout of the XRP Treasury is planned for the second half of 2025, subject to regulatory compliance and prevailing market conditions. Trident will provide ongoing updates on deployment milestones, governance frameworks, and reporting standards, in full alignment with public company disclosure practices.

    Soon Huat Lim, Founder, Chairman, and Chief Executive Officer of Trident, stated, “As a public company, our commitment to transparency, strong governance, and strategic foresight guides every decision we make. We see digital assets as key enablers in the evolution of the global financial landscape. This initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer. Through this initiative, Trident aims to demonstrate how public companies can thoughtfully and responsibly participate in the ongoing development of decentralized finance.”

    About Trident
    Trident is a leading catalyst for digital transformation in digital optimization, technology services, and Web 3.0 activation worldwide, based in Singapore. The Company offers commercial and technological digital solutions designed to optimize its clients’ experience with their end-users by promoting digital adoption and self-service.

    Tridentity, the Company’s flagship product, is an innovative and highly secure blockchain-based identity solution designed to provide secure single sign-on authentication capabilities to integrated third-party systems across various industries. Tridentity aims to offer unparalleled security features, ensuring the protection of sensitive information and preventing potential threats, thus promising a new secure era in the global digital landscape, with a strong focus on Southern Africa and other key developing markets.

    Beyond Tridentity, the Company’s mission is to become the global leader in Web 3.0 activation, notably connecting businesses to a reliable and secure technological platform, with tailored and optimized customer experiences.

    Safe Harbor Statement
    This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the digital solutions market; the political, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    For Investor/Media Enquiries
    Investor Relations
    Robin Yang, Partner
    ICR, LLC
    Email: investor@tridentity.me
    Phone: +1 (212) 321-0602

    The MIL Network –

  • MIL-OSI United Nations: When Women Lead, Peace Follows: UN Brings Stories of Women Leading Peace to Photoville Festival

    Source: United Nations – Peacekeeping

    A Cambodian woman who grew up amid landmines now clears them as a UN peacekeeper in Lebanon. A Sudanese civil society leader rallies displaced women to reclaim their voices in peacebuilding. Young activists from the divided communities of Cyprus foster dialogue and understanding in a deeply complex and long-standing conflict. These are just a few of the extraordinary stories captured in Through Her Lens: Women Rising for Peace, a striking photo exhibition that premiered on 7 June 2025 at Brooklyn Bridge Park as part of the Photoville Festival.

    A joint initiative of the UN Department of Peace Operations (DPO), UN Women, the Elsie Initiative Fund, and the UN Department of Political and Peacebuilding Affairs (DPPA), in partnership with Photoville, the exhibit highlights the stories of women as leaders, negotiators, and protectors in conflict-affected societies — told through the lenses of women photographers from those very communities.

    “Too often, women in conflict are portrayed only as victims,” said Natasha Lamoreux of UN Women. “But these photographs tell a different story. They show women as peacekeepers, negotiators, human rights defenders — leaders actively shaping peace.”

    From Sudan to Cyprus, Haiti to Lebanon, the UN collaborated with local women photographers who not only document the lives of women but also share in their struggles, striving to build peace in their communities, which creates an intimate and powerful perspective.

    “This exhibit is the culmination of months of partnership between the four organizing entities as well as between headquarters and field-based colleagues,” said Shatha Hussein from the UN Department of Political and Peacebuilding Affairs. “We worked on very difficult contexts and turbulent situations that are changing by the day. So working with women on the ground to amplify their efforts through this initiative was not easy in any of the contexts featured, but their commitment, despite the odds, made this possible.”

    Preparing this exhibit has been a profound challenge — one that mirrors the obstacles women face daily in conflict zones. Intense fighting spiked early this year in eastern Democratic Republic of the Congo and South Sudan as the photoshoots were being planned.

    “These images are more than art — they are a collective story of resilience, acts of resistance, and transformation,” said Sophie Boudre of the UN Department of Peace Operations. “They declare that women’s rights must be protected, their leadership recognized, and their voices heard wherever peace is made.”

    Rooted in the Women, Peace and Security agenda launched by UN Security Council Resolution 1325, the exhibit underscores both the critical roles women play in peacebuilding and the persistent challenges they face — including a rising global backlash against gender equality.

    The Through Her Lens exhibit is on view through 22 June 2025 at Pier 1 of the Brooklyn Bridge Park. It will also be shown at UN Headquarters in time for a Security Council open debate on Women, Peace and Security at the end of October. Importantly, the exhibit will travel to the regions featured in the photographs — bringing these powerful stories full circle.

    View the exhibit online.

    Read the original article in Politcally Speaking, the online magazine from the United Nations Department of Political and Peacebuilding Affairs.

    MIL OSI United Nations News –

  • MIL-OSI Africa: Egypt: African Development Bank to provide $184.1 million for Africa’s largest solar energy and battery storage project


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    The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a financing package of up to $184.1 million to support the development of the Obelisk 1-gigawatt solar photovoltaic project and 200MWh battery energy storage system in Egypt, which will be Africa’s largest solar power plant.

    Located in Qena Governorate in southern Egypt, the project entails the design, construction, operation, and maintenance of a photovoltaic power plant with an integrated battery energy storage system. The Egyptian Electricity Transmission Company will be the sole off-taker under a 25-year Power Purchase Agreement.

    The project’s total cost is estimated at more than $590 million. The Bank Group’s financing package includes $125.5 million of ordinary resources, as well as concessional funding from Bank Group-managed Special Funds the Sustainable Energy Fund for Africa  (SEFA) worth $20 million, and the Canada-African Development Bank Climate Fund ($18.6 million), a partnership of the Bank Group and the Government of Canada. A further $20 million will come from the Climate Investment Funds’ Clean Technology Fund, with additional financing to be mobilized from a consortium of development finance institutions.

    Under Egypt’s Nexus of Water, Food, and Energy (NWFE) platform, Obelisk has been granted a Golden License by the government, which recognizes it as a strategic initiative that will contribute to addressing Egypt’s energy constraints and advancing its energy transition.

    Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and International Cooperation, said “the Obelisk solar project is another important milestone for Egypt under the energy pillar of the NWFE program which has since its launch in November 2022 at COP27 in Sharm El Sheikh delivered 4.2 GW of privately financed renewable energy investments, worth about $4 billion, with the support of partners such as the Africa Development Bank.  The goal of NWFE’s energy pillar is to add 10 GW of renewable energy capacity with investments of approximately $10 billion, and phase out 5 GW of fossil fuel power generation by 2030.”

    The project, expected to be fully operational by the third quarter of 2026, will generate an estimated 2,772 gigawatt-hours of clean, reliable, and affordable energy annually to the national grid. The battery energy storage system will help meet peak evening demand with renewable power while also mitigating the variability of solar power generation. The project is expected to reduce annual carbon dioxide (CO2) emissions by approximately one million tons and create about 4,000 jobs during construction and 50 permanent jobs during operation, with a special focus on women and youth employment.

    “Obelisk is another landmark development under NWFE that leverages on Egypt’s and the African Development Bank’s leadership as well as commitment to harnessing the country’s renewable energy to enhance the resilience of the country’s energy supply to meet its fast-growing energy demand sustainably,” said Kevin Kariuki, African Development Bank Vice President for Power, Energy, Climate, and Green Growth.  “This project also contributes to Egypt’s ambition of producing 42 percent of its power generation capacity from renewable energy sources by 2030 while spurring economic growth and reducing greenhouse gas emissions,”

     Ambassador of Canada to the Arab Republic of Egypt Ulric Shannon said: “Canada is proud to support solar energy development in Egypt. This initiative is a meaningful step toward enhancing energy security and stability, with direct benefits for the Egyptian people. We are pleased to collaborate with the African Development Bank and other partners in supporting Egypt’s transition to a sustainable, low-carbon economy.”

    The Obelisk Solar Project aligns with the African Development Bank’s Ten-Year Strategy, its New Deal on Energy for Africa, and its Country Strategy Paper for Egypt as well as SEFA’s strategic framework which aims to accelerate African countries energy transition by increasing the share of renewables and catalyzing commercial capital mobilization in the power sector. The project also advances Egypt’s commitment to achieve 42 percent generation capacity from renewable energy sources by 2030.

    “This project exploits the abundant renewable energy potential in Africa and demonstrates how strong partnerships and innovative solutions contribute to balancing three core objectives in the energy sector, namely energy security, affordability, and sustainable economic development,” said Wale Shonibare, Director of Energy Financial Solutions, Policy, and Regulation at the African Development Bank. “It has high potential for replicability across the continent.”

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

    Media Contact:
    Olufemi Terry
    Communication and External Relations Department
    o.terry@afdb.org

    Technical Contact:
    James Otto
    Senior Investment Officer
    Energy Financial Solution and Policy Regulations Department
    j.otto@afdb.org

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

    MIL OSI Africa –

  • MIL-OSI: Celebrate Freedom, Celebrate America! American Rebel Light Beer—Free Shipping Through June 30th to Honor the Fourth of July and America’s Birthday!

    Source: GlobeNewswire (MIL-OSI)

    • Stock up on “Rebel Light” prior to the Fourth of July—Free Shipping Ends June 30th!
    • America’s Fastest Growing Beer – American Rebel Light now shipping to more than 40 states across the U.S.A.

    Nashville, TN, June 12, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB), through its American Rebel Beverages subsidiary and America’s Patriotic Beer – American Rebel Light Beer (www.americanrebelbeer.com) proudly announces, just in time for summer celebrations, a limited-time Free Shipping offer now through June 30th. Customers can order directly from http://shop.americanrebelbeer.com/.

    Raise a Cold One to the Red, White, and Blue!

    Independence Day is just around the corner, and there’s no better way to celebrate freedom than with America’s Patriotic Beer—American Rebel Light Beer! Whether you’re grilling, launching fireworks, or simply raising a toast to liberty, make sure you’ve got American Rebel Light Beer on hand. Time to stock up on American Rebel Light Beer—a better-for-you, all-natural light lager made for freedom-loving Americans.

    “There’s no better way to celebrate America’s birthday than with a cold can of American Rebel Light Beer,” said Andy Ross, CEO of American Rebel Holdings, Inc. “This is more than just a beer—it’s a salute to our country, our Constitution, and those who protect our freedom. Raise a “Tall Boy” and toast to the red, white, and blue!”

    Order Now!

    Freedom Delivered to Your Door—Online Sales Are Soaring!

    Patriotic Americans nationwide are stocking up as online sales rapidly increase. This better-for-you, all-natural light lager represents everything we stand for—and now, it’s easier than ever to get your beer of freedom delivered straight to your doorstep!

    Limited-Time Free Shipping—Order Now Before June 30th!

    This exclusive free shipping offer is available through June 30th, making it effortless to prepare for Fourth of July celebrations. Join the movement and drink to independence—because every sip is a salute to the land of the free!

    Stock up now at shop.americanrebelbeer.com and toast to freedom this Fourth of July!

    With delivery now available to over 40 states, American Rebel Light Beer is making it easy to celebrate America anywhere this summer. With strong consumer engagement and nationwide accessibility, American Rebel Light Beer continues to build momentum. Order your American Rebel Light Beer now at shop.americanrebelbeer.com

    States we ship to:

    AZ, CA, CO, CT, DC, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MN, MO, MT, NC, NV, NH, NJ, NM, NY, OH, OK, OR, PA, RI, TX, VT, WA, WV, WI, WY

    About American Rebel Light Beer

    American Rebel Light Beer is America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer.

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

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

    Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a domestic premium light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

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

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

    For more information, visit americanrebelbeer.com

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories.

    To learn more, visit www.americanrebel.com and www.americanrebelbeer.com. For investor information, visit www.americanrebel.com/investor-relations.

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

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

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

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

    Forward-Looking Statements

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

    Attachment

    The MIL Network –

  • MIL-OSI: DIMO Japan Launches To Strengthen Car Connectivity with Regional Automakers

    Source: GlobeNewswire (MIL-OSI)

    DIMO to assist automakers in accelerating connected experiences ranging from AI and diagnostics to gamification

    Japan offers one of the world’s most advanced automotive markets, producing about 10% of all vehicles, and is a critical geography for enterprise adoption of car connectivity

    NEW YORK and TOKYO, June 12, 2025 (GLOBE NEWSWIRE) — DIMO, in partnership with HAKUHODO KEY3, today announced the establishment of the joint venture DIMO Japan. The initiative aims to expedite partnerships with key automakers in the region, helping them to deliver cutting-edge connected vehicle experiences to meet consumer demands and revenue potential.

    DIMO Japan is being launched in response to a clear need to scale and improve connectivity interfacing and infrastructure for drivers, automakers, and service providers. Automakers have invested heavily in connected vehicles in recent years; however, data infrastructure stands out as one of the critical challenges facing the sector, particularly regarding how data is connected, stored, and shared. In addition, as data privacy regulation is tightening across key markets, developing such infrastructure in-house is growing increasingly unpredictable and costly.

    With DIMO’s solution, regional automakers can manage data storage, user privacy policies, consent management, and data APIs on their own infrastructure – solving key pain points around privacy concerns and high development costs. These DIMO differentiators will lower the barrier to entry for enterprises and developers seeking to deploy advanced features such as real-time diagnostics, usage-based insurance, and location-based digital experiences, which consumers are increasingly demanding to enhance their driving experience.

    Through this joint venture, DIMO is expanding its industry-leading platform to one of the world’s top automotive markets, as Japan currently produces close to 10% of all vehicles worldwide, including from top automaker Toyota. In addition, the connected and software-defined vehicles (SDV) market is projected to grow from over $200 billion in 2024 to over $1 trillion by 2030, making it imperative for Japanese automotive brands to put in place advanced connectivity infrastructure that is secure, private, and hospitable to both in-house and third-party development. DIMO Japan is committed to supporting automakers to realize the revenue potential tied to connectivity.

    DIMO Japan is led by CEO Ryo Hayashi, who began his career in the telecommunications industry and has since gained extensive experience launching new businesses across a variety of sectors, including the internet and automotive industries. He has held executive positions at both domestic and international companies, including IDOM, viagogo, and Nextag.

    “Japan remains an integral part of the global market, with key automakers, Tier 1 suppliers and mobility innovators all concentrated in the country. However, progress still needs to be made in scaling connectivity for locally-produced vehicles and offering next-generation software services to drivers of those vehicles,” remarked Mr. Hayashi. “Our immediate focus is to expand the DIMO platform and allow local companies to integrate with it, as well as lowering the infrastructure hurdles for automakers, service partners and third-party developers to build and innovate through DIMO.”

    DIMO’s expansion into the Japanese market is the next step in the company’s growth trajectory and mission to build a global platform facilitating the use of connected-car features and applications. Over 180,000 vehicles are currently connected to DIMO.

    “We hear from automakers about the demand for their data, we hear from users about their desire for new connected products and services, and we hear from enterprises about their interest in building new experiences like smart city projects, AI agents, and gamification,” said Alex Rawitz, Co-Founder of DIMO. “DIMO Japan will provide the infrastructure necessary to make these experiences possible.”

    To facilitate the establishment of DIMO Japan, the DIMO Foundation is holding a community vote on June 16th, 2025 to approve a contribution of $500,000 USDT and 4,000,000 DIMO tokens, subject to milestone-based disbursements and lockup schedules, in exchange for up to 33% equity ownership in the entity.

    To learn more about DIMO Japan, please visit: https://dimojapan.com/

    About DIMO

    DIMO is transforming vehicle ownership by putting drivers in control of their data. Its privacy-first, AI-integrated platform connects drivers, automakers, and developers to accelerate connected vehicle innovation while ensuring drivers retain full ownership of their information. Through the DIMO Mobile app, drivers gain real-time insights to improve vehicle performance, maximize savings on maintenance, and access a growing suite of marketplace applications while earning rewards in DIMO tokens. It was founded in 2021 by automotive and fintech veterans from ConsenSys, Vroom, GM, Volkswagen, Aeris, and Chainalysis. Please visit us on X and LinkedIn.

    About HAKUHODO KEY3

    HAKUHODO KEY3 is a web3 business production company founded in December 2022 by Hakuhodo Inc. and Sota Watanabe, CEO of Startale Labs Japan. With a focus on “consumer-driven thinking” and “creativity,” they aim to create world-first web3 services. By collaborating with their partner companies, they are committed to building a society where more people can seamlessly participate in the web3 ecosystem.

    Media Contacts:
    Diana Bost/Ryan Dicovitsky
    Dukas Linden Public Relations
    DIMO@DLPR.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/79a3edb2-6dd8-48cf-92d6-e88d2095b8b3

    The MIL Network –

  • MIL-OSI Analysis: Video games teach students in this class how religion works in the modern world

    Source: The Conversation – USA – By Michael Naparstek, Associate Teaching Professor Religious Studies, University of Tennessee

    A man plays the Chinese action role-playing game ‘Black Myth: Wukong’ during its launch day in Hangzhou, in eastern China’s Zhejiang province, on Aug. 20, 2024. STR/AFP via Getty Images

    Uncommon Courses is an occasional series from The Conversation U.S. highlighting unconventional approaches to teaching.

    Title of the course

    Religion and Gameworlds

    What prompted the idea for the course?

    Most of my research is in Chinese religions, and I find it fascinating that popular video games – like many popular films before them – draw from the mythologies, cosmologies, unseen powers and heroic narratives found across the world’s religious traditions.

    Recent examples such as “Black Myth: Wukong” and “Raji: an Ancient Epic” draw explicitly from mythologies and religious narratives of China and India, respectively, putting the player in direct contest against pantheons of gods. Meanwhile, games such as “Sid Meier’s CIV VI,” where players develop an historical civilization from the Stone Age to Space Age in a quest for global domination, explicitly utilize religion as ways to develop and conquer the world.

    At the same time, the interactive experience of a video game makes it an especially interesting place to study religion. When your character uses magic, interacts with powerful deities, or even achieves godlike status themselves, the player also shares such experiences on some level as well. Sometimes, viewers’ experiences blur the lines between “real life” and on-screen.

    Some churches have even used the game “Second Life” to offer worshippers the option of getting baptized using their digital avatar in the game. This kind of practice raises poignant questions about how we understand religion in our modern world.

    A still from the ‘Second Life’ game.
    Strawberry/Flickr, CC BY-NC-SA

    What does the course explore?

    What makes this course different from many others that utilize video games is that the student experience of playing the games influences how we frame our investigation of religion. Students wrestle with questions about how religion helps build the worlds they are experiencing.

    We meet in the game lab as a class once a week to observe and analyze each other’s experiences playing different kinds of games.

    We start the week with relevant theoretical and historical framing in the traditional classroom. For example, in our investigation of “Black Myth: Wukong,” a game inspired by the 16th-century novel “Journey to the West,” students first read selections from the work as they learn about its protagonist, the trickster monkey god Sun Wukong.

    In the novel, Wukong picks fights with all the gods in an attempt to overthrow the cosmic order, only to eventually be violently put in his place by the highest gods of the Chinese pantheon. Our class discussions thus serve as a general introduction to Chinese religions, while we also get to discuss the theoretical basis for culturally defined ideas such as what makes a hero.

    Playing as a descendant of Sun Wukong, students explore enchanted landscapes, interact with local spirits and engage in magical combat against the very gods that we learned about in class.

    Each week, students note their observations, carefully detailing their experience playing the game, as well as the experience of watching others do the same. Students are also asked to analyze the ways in which religious themes, narratives and practices played a role in the game world they experienced.

    We conclude the class with weekly reflections on the overall experience.

    What will the course prepare students to do?

    In 2024, the video game industry boasted over US$184 billion generated in market value. The global reach of games allows new audiences to experience and learn about religious narratives and practices in new ways.

    Popular media has long been a powerful mode of cultural exchange. Video games are just a recent example, but the scale to which gamers around the world connect with each other through playing demands more attention.

    The wild popularity following the 2024 release of the game “Black Myth: Wukong,” the first premier produced game out of China for an international audience, suggests that this kind of experience is truly a global phenomenon that will only continue to grow. It only makes sense that video games can serve as powerful pedagogical tools as well.

    The goal of the course is to prepare students to better understand the broader contexts in which their shared experience of enjoying video games derives. Learning about the role of religion in shaping that experience allows students to better understand how religion shapes our modern world.

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

    – ref. Video games teach students in this class how religion works in the modern world – https://theconversation.com/video-games-teach-students-in-this-class-how-religion-works-in-the-modern-world-257511

    MIL OSI Analysis –

  • MIL-OSI China: Air India plane with 242 people onboard crashes near airport in India’s Gujarat

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

    People look at the debris of an Air India plane crashed in Ahmedabad of India’s Gujarat state, June 12, 2025. [Photo/Xinhua]

    An Air India flight to London with 242 people on board, including two pilots and 10 cabin crew members, crashed Thursday shortly after takeoff from an airport in the western Indian state of Gujarat, officials said.

    The flight took off from the Sardar Vallabhbhai Patel International Airport in Ahmedabad, about 17 km south of Gandhinagar, the capital city of Gujarat.

    According to Air India, the Boeing 787-8 aircraft departed from Ahmedabad at 13:38 local time and was carrying 242 passengers and crew members.

    “Of these, 169 are Indian nationals, 53 are British nationals, one Canadian national and seven Portuguese nationals,” the airline said.

    Air India has expressed condolences to the families of all those affected by this devastating event.

    “With profound sorrow, I confirm that Air India Flight 171 operating Ahmedabad-London Gatwick was involved in a tragic accident today. Our thoughts and deepest condolences are with the families and loved ones of all those affected by this devastating event,” N Chandrasekaran, chairman of Air India, said in a statement.

    Chandrasekaran said further updates will be shared as they receive more verified information.

    People and rescuers are seen at a site of a plane crash in Ahmedabad of India’s Gujarat state, June 12, 2025. [Photo/Xinhua]

    “An emergency center has been activated and support teams have been set up for families seeking information,” he further said.

    Local media reports said the plane had reached approximately 825 feet when it suddenly descended. Police said the plane crashed on the building of a doctors’ hostel.

    There were no reports of any survivors currently, and officials, so far, have not issued any statement on the number of casualties or injured in the crash.

    “As per preliminary information, a London-bound Air India flight has crashed at the doctors’ hostel. Within 2-3 minutes, police and other agencies reached the spot. Almost 70-80 percent of the area has been cleared. All agencies are working here,” a police official told media.

    Reports said the passenger aircraft went down in the Meghani area of the city.

    According to officials, immediately after the crash, authorities rushed over two dozen ambulances to the spot to carry out rescue work.

    Video footage from the site aired on television news channels shows thick columns of smoke rising from the ground.

    Police have diverted traffic from the area, and a green corridor has also been established to ferry the injured quickly to the hospital.

    MIL OSI China News –

  • MIL-OSI: Sagtec Projects 92% Revenue Growth for FY2025

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, June 12, 2025 (GLOBE NEWSWIRE) — Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a next-generation provider of customizable AI, robotics, and automation platforms, today issued financial guidance for the fiscal year ending December 31, 2025. The Company is forecasting FY2025 revenue of approximately US$22.3 million, a 92% year-over-year increase compared to US$11.6 million in FY2024.

    This sharp growth trajectory is being driven by robust commercial adoption of Sagtec’s proprietary AI-powered Robotics-as-a-Service (RaaS) and software platforms, which are being deployed across multiple high-growth sectors, including hospitality, logistics, and smart retail. Expansion into underserved markets in Southeast Asia and the Gulf region is also contributing significantly to the Company’s pipeline.

    FY2025 Financial Highlights & Strategic Growth Catalysts

         
      FY2024 Results   FY2025 Financial Guidance   Change  
      USD   USD   %  
    Revenue 11,631,930     22,333,305     92 %
    Cost of Service (8,912,274 )   (17,468,057 )   96 %
    Gross Profit 2,719,656     4,865,248     79 %
    Operating Expenses (655,713 )   (1,219,626 )   86 %
    EBIDTA 2,340,791     3,932,528     68 %
    Net Profit 1,602,879     2,564,606     60 %

    Key Investor Highlights:

    • Rapid deployment of AI robotics across Malaysia, Indonesia, Hong Kong, and the UAE
    • Recurring revenue growth via SaaS + RaaS subscription models
    • Expansion of proprietary platform stack into logistics automation and smart retail
    • Strategic investment in AI intellectual property, software licensing, and backend infrastructure
    • Increasing operating leverage through modular platform standardization

    Platform Momentum and Sectoral Expansion

    Sagtec’s AI-powered service robotics platform, launched in Q2 2025, is already being adopted by leading hospitality and F&B groups. The platform combines hardware leasing, computer vision, and predictive analytics into a modular, revenue-generating stack. Management expects a strong acceleration in annual recurring revenue (ARR) through high-margin upselling of AI features, smart workflow automation, and cross-sector integrations.

    “This forecast reflects our conviction in Sagtec’s platform scalability, market readiness, and execution discipline. We are building a high-margin, high-velocity business model with AI at its core,” said Kevin Ng, Chairman, Executive Director, and CEO of Sagtec. “With a growing client base, expanding IP, and intensifying regional demand, 2025 is shaping up to be an inflection point for Sagtec’s long-term value creation.”

    Strategic Focus: Emerging Markets and Smart Automation

    Sagtec is strategically targeting digitally underserved economies in Southeast Asia and the Middle East, where rising labor costs and digital transformation tailwinds create an urgent demand for automation. In tandem, the Company is doubling down on platform R&D to extend its AI applications from hospitality to logistics, retail operations, and smart city automation.

    To support scalable growth, Sagtec is actively investing in:

    • Core AI algorithm optimization
    • Hardware-agnostic automation interfaces
    • Seamless RaaS and SaaS monetization across verticals
    • Regional support infrastructure and partner enablement programs

    Upcoming Earnings Call

    Sagtec will announce its first half 2025 financial results and host earnings call in July 2025, providing investors with further visibility into:

    • Revenue composition and ARR momentum
    • Client acquisition and market entry performance
    • Operational and margin expansion initiatives

    About Sagtec Global Limited

    Sagtec Global Limited (NASDAQ: SAGT) is a leading provider of customizable AI and automation platforms. Focused initially on the F&B sector, the Company now serves cross-sector industries with its proprietary Robotics-as-a-Service (RaaS) and AI software stack. Sagtec also operates a nationwide network of mobile charging stations through its subsidiary, CL Technology (International) Sdn Bhd.

    For more information on the Company, please log on to https://www.sagtec-global.com/.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of applicable U.S. securities laws. These statements are not historical facts, but rather are based on the current expectations, assumptions, and projections of Sagtec Global Limited (the “Company”) regarding future events. Forward-looking statements are generally identified by words such as “anticipates,” “believes,” “expects,” “intends,” “plans,” “projects,” “seeks,” “may,” “will,” “should,” “could,” “estimates,” “potential,” or similar expressions, including the negative thereof.

    These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the Company’s ability to expand its regional presence, scale its Robotics-as-a-Service (RaaS) and Software-as-a-Service (SaaS) offerings, strengthen its AI software and automation infrastructure platforms, and commercialize its AI-powered service robotics; as well as broader risks relating to macroeconomic conditions, geopolitical developments, global health crises, competitive dynamics, and evolving data privacy and cybersecurity regulations.

    The Company disclaims any obligation to update or revise any forward-looking statements contained herein, whether as a result of new information, future events, or otherwise, except as required under applicable law. Investors are cautioned not to place undue reliance on any such forward-looking statements.

    Further information on these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission.

    Contact Information:

    Sagtec Global Limited Contact:
    Ng Chen Lok
    Chairman, Executive Director & Chief Executive Officer
    Phone: +6011-6217 3661
    Email: info@sagtec-global.com

    The MIL Network –

  • MIL-OSI Russia: China Delivers First CKD6H Series Diesel-Electric Locomotives to Kazakhstan

    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 12 (Xinhua) — China has delivered the first CKD6H series diesel-electric locomotives to a Kazakh customer, the Sichuanjingji ribao (Sichuan Economy Daily) newspaper reported.

    The ceremony of handing over the diesel locomotives with a hybrid power plant took place on Wednesday at the Almaty station with the participation of representatives of the Kazakhstan Temir Zholy company and the Ziyang Carriage Building Company, which is their manufacturer.

    The CKD6H series locomotives are designed for 1520 mm track gauge, which can meet the demand in Kazakhstan, Russia and other neighboring countries.

    The CKD6H locomotives are adapted to the harsh climate of Central Asia. They are equipped with a hybrid power plant and an intelligent energy management system. In particular, the locomotive’s diesel engine complies with the EU Stage IIIA emission standard.

    Compared to traditional diesel locomotives, the new locomotive reduces carbon dioxide emissions by 240 tons per year. As stated by Kazakhstan Temir Zholy, the commissioning of the CKD6H series locomotives marks a step towards a “green” future for rail transport in the country.

    To date, Ziyang Carriage Building Company, which is based in Ziyang City, Sichuan Province /Southwest China/ and is part of China Locomotive Corporation /CRRC/, has delivered a total of more than 200 locomotives to Kazakhstan. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Gatwick Airport confirms plane that crashed in India was heading to London

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    LONDON, June 12 (Xinhua) — London’s Gatwick Airport has confirmed that flight AI171, which crashed while taking off from Ahmedabad, India on Thursday, was scheduled to land at Gatwick at 18:25 local time.

    “Additional information will be released later,” the airport said on social media X.

    An Air India plane with more than 200 people on board crashed on Thursday shortly after takeoff from Ahmedabad airport in the western Indian state of Gujarat, local media reported.

    The plane was heading to Britain. Indian TV footage showed thick black smoke rising near the airport. –0–

    MIL OSI Russia News –

  • MIL-OSI New Zealand: Embedding academic support improves learner outcomes

    Source: Tertiary Education Commission

    Last updated 10 June 2025
    Last updated 10 June 2025

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    Auckland University of Technology’s (AUT’s) Te Mātāpuna Library & Learning Services share their approach to embedding academic support services that enable better outcomes for learners.
    Auckland University of Technology’s (AUT’s) Te Mātāpuna Library & Learning Services share their approach to embedding academic support services that enable better outcomes for learners.

    Te Mātāpuna Library & Learning Services are getting their library workshops and resources in front of thousands of AUT students, which is making a positive impact on learner success.  
    Kate Absolum, Senior Manager Learning and Academic Engagement at Auckland University of Technology’s Te Mātāpuna Library & Learning Services, covers three key initiatives in this Learner Success Community of Practice lightning session.  
    First, Kate shares how AUT’s library services have embedded learning support into academic courses and how this has helped enable better learner outcomes. She then covers the asynchronous learning materials available through their library, and how they support students to use generative AI ethically and productively.  
    Kate has over 20 years of experience teaching, writing and designing learning materials across diverse educational settings in New Zealand, Australia, South Korea and Hong Kong. Her areas of interest and expertise include curriculum development, assessment and materials design, academic integrity, generative AI and academic literacy education. 
    To watch Kate’s 12-minute lightning session, visit the Learner Success Community of Practice. 
    Learner Success Community of Practice sessions 
    The Tertiary Education Commission hosts online and pre-recorded online Community of Practice sessions in partnership with the tertiary sector. The aim is to connect tertiary education organisations to share knowledge, collaborate, and promote individual, group and organisational development to improve the success of their learners. 
    To find out about upcoming sessions, please contact 0800 601 301 or customerservice@tec.govt.nz with the subject line [EDUMIS # Learner Success Community of Practice]. 
    To view recordings of previous sessions, visit Learner Success Community of Practice. 

    MIL OSI New Zealand News –

  • MIL-OSI: Zinemx Obtains U.S. MSB License, Ushering in a New Era of Compliance

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 12, 2025 (GLOBE NEWSWIRE) — Recently, Zinemx Exchange announced that it has been granted the Money Services Business (MSB) license by the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury, marking a significant milestone in the platform global compliance strategy. Zinemx has demonstrated trustworthy capabilities in anti-money laundering (AML) and user identification compliance, enabling it to legally conduct crypto asset trading activities in the United States and multiple other jurisdictions, while providing investors with a compliant and secure trading environment over the long term.

    Possession of the U.S. MSB license allows Zinemx Exchange to legally offer crypto asset trading services across multiple states in the U.S., and further strengthens its ability to operate lawfully in other global jurisdictions. The platform has always placed a high priority on compliance, dedicating itself to delivering high-quality crypto trading services to its users.

    Alongside obtaining the MSB license, Zinemx Exchange has further optimized its AML and Know Your Customer (KYC) compliance systems to meet global financial regulatory standards. The platform employs advanced identity verification technologies, ensuring that users can smoothly pass rigorous compliance checks during registration and trading processes. Its risk control system continuously monitors trading activities in real time, accurately identifying abnormal behaviors and effectively preventing illegal activities such as money laundering and market manipulation.

    The Zinemx compliance team works closely with international regulatory authorities and legal advisors to ensure that the platform operations adhere to legal and policy requirements in the global financial sector. All trading activities on the platform are strictly monitored and reviewed in accordance with international anti-money laundering regulations.

    As cryptocurrencies increasingly become mainstream assets, regulatory requirements for crypto assets are tightening worldwide. Zinemx Exchange, having secured the U.S. MSB license, also plans to expand localized operations in major markets such as Europe and Asia, thereby advancing its global compliance efforts.

    Looking ahead, Zinemx Exchange will continue to broaden its global compliance footprint by applying for additional financial licenses in more countries and regions, while further enhancing security and risk management measures. The platform is committed to building a more compliant and efficient crypto asset trading environment for investors. In the context of growing regulatory oversight of crypto trading, Zinemx is steadily advancing toward a new stage of international development.

    Media Contact: support@zinemx.org

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a69b22b7-7f1e-41b0-b6de-3ff0b830fccb

    The MIL Network –

  • MIL-OSI: Allredi Signs Partnership with GMA Garnet Group to Expand its Distribution Network

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, June 12, 2025 (GLOBE NEWSWIRE) — Allredi, a North American distributor of surface preparation, abrasives, and safety products to industrial contractors, announced today that it entered into a partnership with GMA Garnet Group (“GMA”) providing Allredi with access to GMA’s extensive abrasive product line across its supply chain throughout the U.S. and Canada. Allredi is backed by Capstreet, a Houston-based lower middle market private equity firm, and Ridgemont Equity Partners, a middle market private equity firm based in Charlotte, NC.

    Allredi supplies garnet abrasives to end users for the maintenance, cleaning and repair of large steel structures in the industrial, infrastructure, and downstream energy sectors. GMA provides garnet abrasives for use in blasting steel, aluminum, stainless steel, and glass, with operations in North America, Asia-Pacific, Europe, South Africa, and the Middle East.

    “GMA produces a quality, high performance garnet abrasive, and we are excited to partner with them to better serve our customers,” said Allredi CEO Kevin Bourbonnais. “Our agreement with GMA provides Allredi with new access to a large, consistent volume of quality garnet processed in the U.S. With GMA’s processing facilities in Texas, Oregon, and Pennsylvania, we believe we can effectively serve customers throughout the U.S. and Canada, expanding beyond our previous Gulf-centric approach to Garnet distribution.”

    GMA manages the end-to-end supply chain, from sourcing to processing to international distribution, and reprocessing. With a long history of sustainable mining, GMA is focused on energy-efficient processing and reductions in landfill.

    “We’re excited about this partnership with Allredi, which expands our geographic reach across North America,” said Scot Cummins, Regional Sales Director at GMA Americas. “In particular, this will offer us an opportunity to increase our presence across Canada. Allredi’s strong distribution network and customer relationships make them a great fit for delivering GMA’s high-performance garnet to more end users. This partnership also supports our commitment to help customers reduce abrasive waste through initiatives like the Garnet Return Program.”

    To learn more about GMA Garnet Group, visit www.gmagarnet.com.

    About Allredi
    Allredi is a North American distributor of surface preparation, abrasives, and safety products to industrial contractors primarily in the industrial, infrastructure, and downstream energy sectors. The company was founded in 1944 and is headquartered in Pasadena, TX with 24 locations throughout the U.S. and Canada. Please visit www.allredi-us.com for additional information.

    About Capstreet
    Founded in 1990, Capstreet invests in lower middle market software, tech-enabled services, and industrial business services companies. With more than 50 platform investments and more than 200 add-on acquisitions since inception, Capstreet’s investment strategy is focused on utilizing its Capvalue Framework® to help accelerate growth and profitability, and create long-term sustainable businesses. The majority of Capstreet’s investments have been with founder- or entrepreneur-owned businesses. For more information, visit the Capstreet website, https://capstreet.com.

    About Ridgemont Equity Partners
    Ridgemont Equity Partners is a Charlotte-based middle market private equity firm that has provided buyout and growth capital to industry-leading companies in the business services, industrials, and healthcare sectors for three decades. The principals of Ridgemont have refined a proven, industry-focused model designed to build distinctive middle market companies. www.ridgemontep.com.

    Contact:
    Lambert by LLYC
    Joanne Lessner, 212-222-7436, jlessner@lambert.com
    Jennifer Hurson, 845-507-0571, jhurson@lambert.com

    The MIL Network –

  • MIL-OSI: Aemetis CEO Meets with White House, Congress, and Agencies Regarding Support for Domestic Energy and Rural Communities in Budget Bill

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., June 12, 2025 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company, announced today that its Chairman and CEO, Eric McAfee, has held meetings regarding support for domestic energy and rural communities in the federal tax bill with members of the Senate and House of Representatives, and with officials at the U.S. Department of Agriculture, Department of Energy, Treasury Department, and the White House National Economic Council. The meetings included a one hour presentation on transferable tax credits and the benefits of Section 45Z production tax credits to the Chief of Staff and biofuels policy staff of the Congressional Joint Committee on Taxation.

    “The One Big Beautiful Bill Act is a generational opportunity to support domestic energy and rural communities through Section 45Z production tax credits for biofuels and biogas,” Mr. McAfee stated. “This year, we have travelled to Washington D.C. more than ten times to meet with the White House, Senate and House, as well as to present to agencies related to biofuels and biogas to communicate the important role of 45Z in the expansion of American energy and the importance of funding to farmers and rural communities through higher value crops.”

    The 45Z production tax credit (PTC) was established in 2022 and went into effect in January 2025. If enacted, the federal tax and spending bill version passed by the House would modify the Section 45Z PTC to extend the credit availability by four years from 2027 to 2031, require the use of domestic feedstocks, and eliminate the indirect land use penalty for ethanol and other biofuels.

    The value of the Section 45Z production tax credits earned by Aemetis is directly correlated with the quantity of biofuels and biogas produced. From 12 dairies currently operating, Aemetis Biogas is rapidly scaling up the construction of dairy digesters to produce renewable natural gas (RNG) using feedstock from 50 dairies that have already entered agreements with Aemetis Biogas. This summer, 16 dairies are scheduled to be operating in the Aemetis Biogas Central Digester Project near Modesto, California, with 36 miles of biogas pipeline and a central biogas-to-RNG production facility already in operation delivering RNG into the PG&E utility gas pipeline.

    Aemetis renewable energy and energy efficiency projects include the expansion of dairy renewable natural gas production to generate more than 1 million MMBtu per year of renewable natural gas; the Keyes ethanol plant mechanical vapor recompression system that is expected to generate $32 million of increased annual cash flow starting in 2026; the Riverbank carbon sequestration project to inject 1.4 million tons per year of CO2 per year underground; and the 78 million gallon per year sustainable aviation fuel and renewable diesel plant that has already received Authority To Construct air permits and other key approvals.

    About Aemetis

    Headquartered in Cupertino, California, Aemetis is a renewable natural gas and renewable fuel company focused on the operation, acquisition, development and commercialization of innovative technologies that replace petroleum products and reduce greenhouse gas emissions. Founded in 2006, Aemetis is operating and actively expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel fuel biorefinery in California that will use renewable hydrogen and hydroelectric power to produce low carbon intensity renewable jet and diesel fuel. For additional information about Aemetis, please visit www.aemetis.com.

    Safe Harbor Statement

    This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results in 2025 and future years; statements relating to the development, engineering, financing, construction and operation of the Aemetis ethanol, biogas, SAF and renewable diesel, and carbon sequestration facilities; our ability to promote, develop, finance, and construct facilities to produce biogas, renewable fuels, and biochemicals; and statements about future market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

    Company Investor Relations
    Media Contact:
    Todd Waltz
    (408) 213-0940
    investors@aemetis.com

    External Investor Relations
    Contact:
    Kirin Smith
    PCG Advisory Group
    (646) 863-6519
    ksmith@pcgadvisory.com

    The MIL Network –

  • MIL-OSI: FBI Special Agent Chris Wong Joins TRM Labs

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, June 12, 2025 (GLOBE NEWSWIRE) — Christopher Wong, one of the Federal Bureau of Investigation (FBI)’s foremost experts on cryptocurrency investigations, has joined TRM Labs.

    Wong served with the FBI for ten years, most recently as a Supervisory Special Agent in the Bureau’s Virtual Assets Unit. In that role, he led and supported some of the most complex cryptocurrency-related investigations in US law enforcement, including multi-year efforts to disrupt North Korea’s use of digital assets to finance its weapons programs.

    Wong, in partnership with now-TRM colleague Chris Janczewski — then a special agent with IRS-Criminal Investigation — led the FBI’s investigation into the 2016 Bitfinex hack, resulting in the recovery of approximately USD 3.6 billion in cryptocurrency, the largest seizure in US history. He also played a critical role in the US government’s response to the USD 600 million Axie Infinity Ronin Bridge hack, attributed to North Korea’s Lazarus Group. That incident became a watershed moment in US national security policy on crypto threats, driving a coordinated interagency response and leading to the first-ever sanctions on cryptocurrency mixing services.

    Most recently, Wong supported the Department of Justice’s civil forfeiture action involving over USD 7.7 million in cryptocurrency linked to a North Korean IT worker laundering network. That investigation uncovered a sophisticated global scheme in which DPRK operatives used false identities to gain employment in the tech sector and funnel illicit earnings back to Pyongyang.

    In addition to his investigative work, Wong has trained law enforcement, prosecutors, and judges in dozens of countries, helping to build international capacity to respond to crypto-enabled crime.

    “I’m incredibly proud of the mission I served at the FBI — supporting agents, partners, and prosecutors as we tackled some of the most impactful crypto investigations in the world,” said Wong. “At TRM, I have the opportunity to continue that mission — this time by helping amplify the work law enforcement is doing globally to disrupt illicit finance and protect victims.”

    “Chris is one of the most respected agents in the space,” said Esteban Castaño, co-founder and CEO of TRM Labs. “He combines elite investigative skill with a deep sense of purpose, and his work has shaped how governments respond to nation-state cyber threats and financial crime. We’re honored to welcome him to TRM as we expand our support for public sector partners and the broader mission of safeguarding the financial system.”

    Wong joins a growing team of former law enforcement and national security officials at TRM Labs working to detect, investigate, and prevent illicit activity involving digital assets.

    About TRM Labs

    TRM Labs provides blockchain analytics solutions to help law enforcement and national security agencies, financial institutions, and cryptocurrency businesses detect, investigate, and disrupt crypto-related fraud and financial crime. TRM’s blockchain intelligence platform includes solutions to trace the source and destination of funds, identify illicit activity, build cases, and construct an operating picture of threats. TRM is trusted by leading agencies and businesses worldwide who rely on TRM to enable a safer, more secure crypto ecosystem. TRM is based in San Francisco, CA, and is hiring across engineering, product, sales, and data science. To learn more, visit www.trmlabs.com.

    Contact: press@trmlabs.com

    The MIL Network –

  • MIL-OSI Asia-Pac: DoJ holds first lawtech roundtable

    Source: Hong Kong Information Services

    The Department of Justice (DoJ) today held the first round of LexGoTech Roundtable to explore the opportunities and challenges brought about by lawtech and artificial intelligence.

    Deputy Secretary for Justice and Chairman of the Consultation Group Cheung Kwok-kwan noted that the legal sector in Hong Kong is welcoming a new era, with lawtech reshaping the delivery of legal services.

    He said lawtech will strengthen the long-term competitiveness of Hong Kong’s legal professional services and solidify the city’s position as the centre for international legal and dispute resolution services in the Asia-Pacific region.

    The department established the Consultation Group earlier this year, comprising representatives from the legal and dispute resolution sector, law schools and experts on lawtech applications, to explore ways to promote the integration of legal services and lawtech in Hong Kong.

    To further enhance the sector’s understanding of the application of lawtech, Mr Cheung said the DoJ organised the roundtable following the Consultation Group’s recommendations and plans to hold a series of related events this year.

    In the long term, the department will promote the connection between lawtech service providers and legal practitioners, enhance the capabilities of legal professionals in lawtech, and disrupt traditional work models in the legal sector to create an ecosystem conducive to the development of lawtech in Hong Kong.

    Mr Cheung highlighted that the DoJ has been sparing no effort to promote lawtech and support the development of online dispute resolution and transaction platforms.

    The department has also launched the LawTech Fund and the Hong Kong Legal Cloud services to subsidise small and medium-sized law firms and chambers in enhancing their information technology capabilities, benefitting over 4,000 local legal professionals to date, he added.

    The roundtable engaged legal professionals from the Law Society of Hong Kong and the Small & Medium Law Firms Association of Hong Kong.

    They exchanged views on the risks associated with the use of lawtech and discussed how to embrace the era of artificial intelligence through policies, hardware and software upgrades, and capability building.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Number of drug abusers drops

    Source: Hong Kong Information Services

    The total number of reported drug abusers in the first quarter of 2025 was 1,644, lower than the figure of 1,738 for the same period in 2024, the Action Committee Against Narcotics announced today.

    According to data from the Central Registry of Drug Abuse, the number of reported drug abusers aged under 21 in the first quarter of 2025 was 285, with 128 of them having abused “space oil”.

    “Space oil” has replaced cannabis to become the most common type of drug abused by young drug abusers, followed by cannabis and cocaine. 

    The Government has listed the drug’s main ingredients – etomidate and its three analogues metomidate, propoxate and isopropoxate – as dangerous drugs, as regulated under the Dangerous Drugs Ordinance (DDO).

    The Government also plans to list the remaining etomidate analogues as dangerous drugs, and consulted the Legislative Council Security Panel on the matter earlier this month.

    Action Committee Against Narcotics Chairman Donald Li said the committee fully supports the Government’s proposal.

    “Apart from the legislation, the committee will continue to carry out relevant publicity and education work,” he said.

    On the enforcement front, the total number of people arrested for drug offences in the first quarter of 2025 was 940. Of these, 140 are youngsters aged under 21.

    “Space oil”, cannabis and cocaine were the main drugs involved in these arrests. In court cases concluded in the same period, the conviction rate of those prosecuted for drug offences was as high as 86%.

    With the summer holidays approaching, the Security Bureau reminded youngsters not to participate in drug trafficking out of greed or by way of gambling on their luck.

    Youth is not a valid mitigating factor for drug offences, and pleas of ignorance are no way to avoid legal liability, the bureau added.

    MIL OSI Asia Pacific News –

  • MIL-OSI China: China’s foreign trade shows resilience amid complex global environment: ministry

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

    This aerial photo taken on March 13, 2023 shows a container terminal of Taicang Port, east China’s Jiangsu province. [Photo/Xinhua]

    China’s Ministry of Commerce on Thursday said that the country’s foreign trade has demonstrated resilience and vitality so far this year despite a complex external environment, with growth recorded in both the scale and quality of trade in goods.

    In the first five months of this year, China’s imports and exports with Belt and Road partner countries, ASEAN member states and Africa grew 4.2%, 9.1% and 12.4%, respectively, according to ministry spokesperson He Yadong.

    These figures show that China’s trade network is becoming increasingly diverse, with emerging markets driving incremental growth, He said at a regular press briefing.

    The country’s high-tech and high-value-added products have become more competitive, with exports of electromechanical products rising 9.3% in the first five months of the year, accounting for 60% of China’s total exports.

    During the same period, imports and exports by private enterprises grew 7%, accounting for 57.1% of China’s total foreign trade.

    In the face of a complex and volatile external environment, China will steadfastly expand its high-standard opening-up and address the uncertainty of drastic changes in the external environment with the certainty of its own high-quality development, the spokesperson said.

    China looks forward to working with more trade partners to address risks and challenges, and to promote mutually beneficial cooperation, he added.

    MIL OSI China News –

  • India’s inflation falls to 2.82% in May 2025, lowest since February 2019

    Source: Government of India

    Source: Government of India (4)

    India’s Consumer Price Index (CPI) inflation rate dropped to 2.82% in May 2025, marking the lowest year-on-year rate since February 2019, according to the Ministry of Statistics & Programme Implementation. This provisional figure, measured against May 2024, reflects a 34-basis-point decline from April 2025’s 3.16%, signaling robust economic stability.

    Food inflation, a key driver, fell sharply to 0.99% in May 2025, the lowest since October 2021, down 79 basis points from April’s 1.78%. Rural areas recorded a food inflation rate of 0.95%, while urban areas saw 0.96%. The decline is attributed to lower prices for pulses, vegetables, fruits, cereals, household goods, sugar, confectionery, and eggs, supported by a favorable base effect.

    Headline inflation in rural areas decreased to 2.59% in May 2025 from 2.92% in April, while urban areas saw a reduction from 3.36% to 3.07%. Rural food inflation dropped from 1.85% to 0.95%, and urban food inflation fell from 1.64% to 0.96%. Other sectors showed varied trends: housing inflation, measured only in urban areas, rose slightly to 3.16% from 3.06%, while education and health inflation stood at 4.12% and 4.34%, respectively. Transport and communication inflation increased to 3.85% from 3.67%, and fuel and light inflation eased to 2.78% from 2.92%.

    The National Statistical Office collected price data from 1114 urban markets and 1181 villages across all states and Union Territories, achieving a 100% response rate for villages and 98.6% for urban markets. States with the highest inflation rates include Kerala (6.46%), Punjab (5.21%), and Jammu & Kashmir (4.55%), though most states reported moderated rates.

    Tracked on a 2012 base year since January 2013, the combined CPI for May 2025 reached 193.0, up marginally by 0.21% from April’s 192.6. The Consumer Food Price Index (CFPI) remained nearly stable at 194.5, with a minimal monthly change of -0.05%, reflecting effective economic management and affordability for millions of Indians.

  • MIL-OSI Asia-Pac: DoJ holds first roundtable to promote sector’s understanding of lawtech (with photos)

    Source: Hong Kong Government special administrative region

    DoJ holds first roundtable to promote sector’s understanding of lawtech  
    He also noted that, to further enhance the sector’s understanding of the application of lawtech, the DoJ organised the roundtable following the Consultation Group’s recommendations and plans to hold a series of related events this year. In the long term, the DoJ will promote the connection between lawtech service providers and legal practitioners, enhance the capabilities of legal professionals in lawtech, and disrupt traditional work models in the legal sector to create an ecosystem conducive to the development of lawtech in Hong Kong.Issued at HKT 19:32

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CDP attends 2025 Guangdong-Hong Kong-Macao Software Industry High-quality Development Conference, 13th Guangdong-Hong Kong Cloud Computing Conference and 8th Guangdong-Hong Kong-Macao ICT Conference in Guangzhou (with photos)

    Source: Hong Kong Government special administrative region

    CDP attends 2025 Guangdong-Hong Kong-Macao Software Industry High-quality Development Conference, 13th Guangdong-Hong Kong Cloud Computing Conference and 8th Guangdong-Hong Kong-Macao ICT Conference in Guangzhou  
    Speaking at the main forum of the conference, Mr Wong said that the Hong Kong Special Administrative Region (HKSAR) Government has been endeavouring to develop artificial intelligence as a core industry in recent years and to promote the robust development of the AI ecosystem in Hong Kong on all fronts. In this regard, Cyberport’s AI Supercomputing Centre (AISC) has commenced operation. Meanwhile, the HKSAR Government has launched a $3 billion AI Subsidy Scheme to support local institutions, research and development (R&D) centres and enterprises in leveraging the computing power of the AISC to achieve scientific breakthroughs. The HKSAR Government also supported, through the AIR@InnoHK under the InnoHK Research Clusters focusing on the development of AI and robotics technologies, the establishment of the Hong Kong Generative AI Research and Development Center (HKGAI). HKGAI is formed by a group of R&D teams from local universities and focuses on R&D of local self-developed general-purpose large language models and applications, including the document processing application “HKPilot”, which is now in pilot use in all government departments.
     
    In addition, Mr Wong mentioned that the Digital Policy Office (DPO) is actively taking forward the preparatory work on the establishment of the Hong Kong AI Research and Development Institute, facilitating upstream R&D of AI, midstream and downstream transformation of R&D outcomes and application scenarios. He invited Guangdong technology enterprises and talent to learn more about Hong Kong’s I&T development and to leverage Hong Kong’s distinctive advantages under the “one country, two systems” principle of having strong support of the motherland and being closely connected to the world, to jointly venture into the global market with Hong Kong’s I&T industry and tell good stories of the country’s I&T development.
     
    The conference attracted around 400 industry experts, scholars and practitioners from Guangdong, Hong Kong and Macao. Government representatives from the three places and representatives from research institutions and industry organisations also attended the conference. Being one of the major annual events of the Hong Kong/Guangdong co-operation in informatisation, the conference was jointly organised by the Guangdong Software Industry Association, the Yangcheng Evening News, the Hong Kong Cyberport Management Company Limited, the Computer Chambers of Macau and the China Software Industry Association, under the steer of the Department of Industry and Information Technology of Guangdong Province, the DPO of the HKSAR Government, the Economic and Technological Development Bureau of the Government of the Macao Special Administrative Region and the Yangcheng Evening News Group.
     
    Mr Wong visited two local technology enterprises in Guangzhou in the afternoon. He was briefed by the enterprises’ representatives on products and solutions of new-generation information technology application innovation and cybersecurity, and also learned how the enterprises apply large language models and generative AI technology to product development.
     
    Mr Wong returned to Hong Kong this afternoon after the visit.
    Issued at HKT 19:50

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Committee for Safeguarding National Security of HKSAR launches 5th Anniversary of Promulgation and Implementation of Hong Kong National Security Law Thematic Exhibition (with photos)

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Committee for Safeguarding National Security of the Hong Kong Special Administrative Region:

         The Chief Executive announced in the 2024 Policy Address that a thematic exhibition will be held at the National Security Exhibition Gallery to mark the fifthth anniversary of the promulgation and implementation of the Hong Kong National Security Law. The opening ceremony of the thematic exhibition was launched today (June 12) at the Hong Kong Museum of History, and the exhibition is now open to all Hong Kong citizens.  
     National security is the bedrock of national rejuvenation, and social stability is a prerequisite for building a strong and prosperous China. The overarching principle of “one country, two systems” is to safeguard national security, sovereignty and development interests.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Drug abuse and drug situation in Hong Kong in first quarter of 2025

    Source: Hong Kong Government special administrative region

    ​The Action Committee Against Narcotics (ACAN) noted at its meeting today (June 12) the figures of the Central Registry of Drug Abuse (CRDA) and other drug-related figures for the first quarter of 2025. ACAN noticed that the total number of reported drug abusers in the first quarter of 2025 was lower than that of 2024. However, the figures tend to show greater volatilities in the first quarter of each year. The ACAN will closely monitor the situation in the remaining quarters of 2025, and will at the same time continue to carry out its anti-drug work.
     
    Figures from the CRDA revealed that the total number of reported drug abusers in the first quarter of 2025 was 1 644 while that of the same period in 2024 was 1 738. The most common type of drug abused in the first quarter of 2025 was heroin, followed by cocaine and cannabis.
     
    The number of reported young drug abusers aged under 21 in the first quarter of 2025 was 285, of which 128 abused the “space oil drug”. The “Space oil drug”, followed by cannabis and cocaine, has replaced cannabis to become the most common type of drug abused among reported young drug abusers.
     
    Regarding the main active ingredients currently found in the “space oil drug”, the Government has listed etomidate and its three analogues (metomidate, propoxate and isopropoxate) as dangerous drugs, which are regulated under the Dangerous Drugs Ordinance (DDO) (Cap. 134). The Government plans to list the remaining etomidate analogues as dangerous drugs, and has consulted the Legislative Council Panel on Security earlier this month.
     
    The Chairman of ACAN, Dr Donald Li, said, “When facing the ‘space oil drug’, the Government should not lower its guard. ACAN fully supports the Government’s proposal to list all etomidate analogues as dangerous drugs under the DDO, with a view to nipping this drug abuse problem in the bud. Apart from the legislation, ACAN will continue to carry out relevant publicity and education work.”
     
    On the enforcement front, according to the figures from the law enforcement agencies, the total number of persons arrested for drug offences in the first quarter of 2025 was 940. Among them, 140 of them are youngsters aged under 21. The “space oil drug”, cannabis and cocaine were the main drugs involved in these arrests in the first quarter. According to the court cases concluded for the same period, the conviction rate of persons being prosecuted for drug offences was as high as 86 per cent. As for young offenders aged under 21 who were sentenced to imprisonment for drug trafficking, more than half of them were sentenced to over five years in prison, and the longest imprisonment was 20 years.
     
    A spokesman for the Security Bureau (SB) said, “As the summer holidays approach, we remind youngsters not to  participate in drug trafficking out of greed or gambling on luck, including giving out their addresses for receiving ‘drug parcels’ and joining free trips to transport dangerous drugs across borders as ‘drug mules’. Young age is not a valid mitigating factor for drug offences. A plea of ignorance is not an excuse to avoid legal liability. Young drug offenders will also be sentenced to lengthy imprisonment.”
     
    Moreover, the spokesman reminded youngsters that they need to stay vigilant at all times when travelling outside Hong Kong, with a view to avoiding drug traps when trying something new. Foods and drinks, or even health supplements, skincare products (such as facial masks, massage oil), etc, may contain dangerous drugs. Products that are marked with the words “CBD”, “THC”, “cannabis”, “cannabinoids”, “ganja”, “hemp extracts” or “marijuana”, or with a picture of a cannabis leaf, may contain substances that are illegal in Hong Kong or prohibited for transit at the airport. Members of the public are reminded to pay close attention to product labels during online or in-store shopping. If in doubt, members of the public should not risk purchasing, consuming or bringing these products back to Hong Kong to not to breach the law inadvertently. Information and a video about examples of CBD products have been uploaded onto the Narcotics Division’s (ND) dedicated webpage about CBD (www.nd.gov.hk/en/CBD.html) for the public’s reference.
     
    The ACAN also noted the findings of the 2023/24 Survey of Drug Use among Students (Survey). The Survey is a triennial research project conducted by a research institute commissioned by the ND of the SB, with the aim of obtaining the latest drug taking trends in students and knowing more about students’ knowledge of drugs as well as their attitudes towards drug taking. Such information assists the Government in formulating anti-drug initiatives that would respond better to the actual situation. The Survey successfully surveyed 99 600 students from upper primary to post-secondary levels, accounting for about 15 per cent of the student population in Hong Kong.
     
    The Survey results indicated that the proportion of students who claimed to have taken dangerous drugs rose to 2.7 per cent from 2.5 per cent in the previous survey (i.e. the one conducted in 2020/21). Psychotropic substances are the most common types of drugs abused by these students. These findings are in line with the statistics recorded by the CRDA.
     
    The CRDA figures for the first quarter of 2025 are available on the ND’s website (www.nd.gov.hk/en/index.html).
     
    The ND’s website, as well as its official accounts (narcotics.divisionhk) on Facebook and Instagram, also contain detailed information about dangerous drugs including the “space oil drug” for reference by the public.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Speech by FS at Reception in Celebration of 127th Anniversary of Proclamation of Philippine Independence (English only)

    Source: Hong Kong Government special administrative region

    Speech by FS at Reception in Celebration of 127th Anniversary of Proclamation of Philippine Independence (English only) 
         Good evening. It is a great pleasure to join you tonight in celebrating the 127th anniversary of the Republic of the Philippines’ proclamation of independence.  
     
         Let me take this opportunity to extend a formal and warm welcome to Consul General Israel, who assumed his new post in Hong Kong this April. With your extensive diplomatic career in the Philippines and abroad, I am confident that your experience and insight will further help strengthen the close ties between Hong Kong and the Philippines.  
         Tourism is a shining example. Last year, we welcomed nearly 1.2 million visitors from the Philippines, a remarkable increase of over 55 per cent compared to 2023. This positive momentum has continued, with over 550 000 Filipino visitors arriving in the first five months of this year, representing a 27 per cent year-on-year growth.   
     
         Our trade relationship remains robust. Hong Kong plays a vital role as a gateway for China’s exports to the Philippines. Hong Kong is the Philippines’ fifth largest trading partner. Last year, our value of merchandise trade grew to HK$108 billion. Hong Kong handled around 13 per cent of the total merchandise trade between China and the Philippines.
     
         Besides, I am pleased to note that we have started negotiations on a Comprehensive Avoidance of Double Taxation Agreement. I trust such an agreement will further simulate our bilateral trade and investments. 
     
         All these encouraging developments point to a future of even closer business ties and new opportunities for collaboration. 
     
         The Philippines stands out as one of the fastest-growing economies in ASEAN (Association of Southeast Asian Nations). I am pleased to learn that your Government is making proactive efforts to implement pro-business reforms to simplify company formation process, lower entry barriers and attract foreign businesses. These measures will facilitate trade and investments with your economic and trade partners. Meanwhile, more infrastructure flagship projects will bolster the economy, improve connectivity and make your country more attractive to businesses from abroad. 
     
         In an era marked by rising protectionism and increasing geopolitical uncertainty, globalisation is facing backlashes. Countries are seeking to diversify their export markets and development drivers. In this context, enhancing intra-regional trade and collaboration will be key to achieving sustainable growth. In this connection, we greatly appreciate the Philippines’ continued support for our accession to the Regional Comprehensive Economic Partnership (RCEP).
     
         Under the “one country, two systems” arrangement, Hong Kong is a “super connector” and “super value-adder” between the Chinese Mainland and the rest of the world. We steadfastly uphold our free port status, with the free movement of goods, capital, information and talent. Our world-class transport and logistics infrastructure provides a perfect springboard for your country’s products and services to reach the Mainland, across North Asia, and beyond.
     
         Now, given the policy uncertainties in the US and shifting global investment landscape, Hong Kong has emerged as a safe harbour for international capital. This is reflected by capital inflows and investors’ optimism. Our stock market has performed exceptionally well, rising by 20 per cent so far this year, on top of the 18 per cent increase last year. It is one of the top-performing markets globally.
     
         With deep liquidity and a comprehensive suite of funding options, Hong Kong offers an ideal platform for Filipino enterprises to raise funds to support their business development. They can consider listing on our Stock Exchange, or connecting with angel investors, venture capital and private equity for collaboration. 
     
         For sure, Hong Kong has more to offer. You will find Hong Kong an ideal location to raise funds for quality infrastructure and green transition projects. Beyond traditional means, such as bond issuance, there are innovative financing models such as infrastructure loan securitisation, or catastrophe bonds, which are designed to share natural disaster risks with investors. Hong Kong has already issued seven catastrophe bonds, covering events from earthquakes to storms across Asia and the Americas. 
     
         In short, the potential for deeper co-operation between our two economies is vast and far-reaching.
     
         Before I conclude, I would like to express my heartfelt appreciation to the more than 220 000 Filipino nationals in Hong Kong. They are an integral part of our community and have made invaluable contributions to the economic and social fabric of this city.  
     
         On behalf of the Hong Kong SAR Government, I extend my warmest congratulations to the people of the Philippines on your Independence Day. May the friendship between Hong Kong and the Philippines continue to flourish and prosper for years to come.  
     
         I wish you all a most enjoyable evening. Thank you very much.
    Issued at HKT 19:30

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Green Form flats to go on sale

    Source: Hong Kong Information Services

    The Housing Authority will launch a new round of the Sale of Green Form Subsidised Home Ownership Scheme (GSH) Flats in the third quarter offering a total of 2,576 flats from the new GSH project Wang Chi Court in Kowloon Bay.

    The GSH 2024 will also involve rescinded or unsold flats which were first put up for sale under GSH 2020-21 and GSH 2022, and a new batch of recovered Tenants Purchase Scheme flats.

    The Wang Chi Court flats have saleable areas of about 17.9 sq m to about 43.3 sq m. More than a quarter of them are large flats, with saleable areas of about 41.8 sq m to about 43.3 sq m.

    Pursuant to the prevailing pricing mechanism, GSH flats will be sold at a discount greater than that in the preceding Home Ownership Scheme (HOS) sale exercise. As the discount rate for the sale of HOS 2024 flats was 30%, the discount rate for all GSH flats offered under this sale exercise will be set at 40%.

    The selling prices of Wang Chi Court flats range from about $1.15 million to about $3.49 million, the authority added.

    As an enhancement measure, this sale exercise will allocate an extra ballot number to applicants who had failed to purchase a flat in GSH 2022 and GSH 2023, so as to increase their chances of success.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: HK to adopt int’l disclosure rules

    Source: Hong Kong Information Services

    The Government has welcomed the publication today of jurisdictional profiles by the International Financial Reporting Standards (IFRS) Foundation, with Hong Kong being confirmed as one of the first jurisdictions to set a target of fully adopting the IFRS Sustainability Disclosure (ISSB) Standards. 

    The Government said this demonstrates the city’s commitment to enhancing the transparency of information on sustainablity in capital markets, enabling investors to make informed investment decisions.

    Secretary for Financial Services & the Treasury Christopher Hui said the IFRS Foundation’s confirmation affirms Hong Kong’s efforts and determination to support and promote a common international language on sustainability disclosures.

    “It also demonstrates Hong Kong’s strengths in the field of sustainable finance, helping to consolidate Hong Kong’s position as an international sustainable finance hub.

    “As a leading international financial centre, Hong Kong will continue to be at the forefront in aligning with international standards and promoting market best practices.”

    The Hong Kong Institute of Certified Public Accountants published in December last year the Hong Kong Sustainability Disclosure Standards (Hong Kong Standards), which will be effective from August 1 this year. These standards are fully aligned with the ISSB Standards.

    The Financial Services & the Treasury Bureau also launched, in December last year, a Roadmap on Sustainability Disclosure in Hong Kong, which sets out Hong Kong’s approach to requiring publicly accountable entities (PAEs) to adopt the ISSB Standards, and provides a well-defined pathway for large PAEs to fully adopt these standards no later than 2028.

    MIL OSI Asia Pacific News –

  • MIL-OSI: LIS Technologies Inc. Appoints Former Deputy Administrator of the National Nuclear Security Administration Brent Park Ph.D., as its Executive Director of Nuclear Security and Safeguards Policy

    Source: GlobeNewswire (MIL-OSI)

    Oak Ridge, Tennessee, June 12, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that it has appointed Brent Park, Ph.D., as its Executive Director of Nuclear Security and Safeguards Policy.

    “LIST’s technology arrives at a pivotal moment, as the United States accelerates efforts to build a secure, domestic nuclear‑fuel supply chain,” said Brent Park, Ph.D., Executive Director of Nuclear Security and Safeguards Policy of LIS Technologies Inc. “This proprietary technology can be a key step toward reducing reliance on foreign sources of enriched uranium and strengthening our national energy independence. I’m honored to join the Company and look forward to advising the leadership team as they advance the CRISLA technology from revival to commercialization.”

    Brent is a nuclear physicist and a former government official with demonstrated leadership experience at Los Alamos National Laboratory (LANL), Nevada Test Site (NTS), and Oak Ridge National Laboratory (ORNL). Between 2018 and 2021, with Senate confirmation just 6 weeks after being nominated by President Donald J. Trump, Brent served as Deputy Administrator at the National Nuclear Security Administration (NNSA). He led Defense Nuclear Nonproliferation programs to support the nation’s efforts in nonproliferation treaties and international arms control, international nuclear security, safeguards, and export control policies. Prior to joining NNSA, Brent was Associate Laboratory Director at ORNL, leading the science-to-application efforts for national security programs. Research topics are wide-ranging, with particular focus on materials science and engineering, cybersecurity, high-performance computing and big data analytics, artificial intelligence, and nuclear science and engineering.

    Figure 1 – LIS Technologies Inc. Appoints Brent Park, Ph.D., as its Executive Director of Nuclear Security and Safeguards Policy.

    Previously, Brent was the director of NNSA’s Remote Sensing Laboratory, where he led efforts to advance and field cutting-edge diagnostics and communications instruments in support of counterterrorism and radiological incident response for the nation. As the NNSA’s non-proliferation chief, he led efforts and engagements to prevent nuclear weapons proliferation and to reduce the threat of nuclear and radiological terrorism around the world. Earlier, Brent managed and contributed to basic and applied research programs at LANL in the areas of physics and engineering, modeling and analysis, and nuclear weapons physics and engineering in support of stockpile stewardship, as well as nuclear emergency response and nuclear facility operations. Brent earned a bachelor’s degree in physics and mathematics at Illinois State University and a master’s degree in physics with an emphasis on remote sensing at Indiana State University. Later he shifted the direction of his research to nuclear physics and earned a master’s degree at Indiana University. Brent performed a thesis experiment using the spallation neutron source at LANL and earned a PhD in physics at Ohio University. He held a prestigious Physics Division postdoctoral fellowship at LANL before becoming a technical staff member.

    “Brent steps into this role with real enthusiasm, and we’re honored to welcome him to our team,” said Jay Yu, Executive Chairman and President of LIS Technologies Inc. “A distinguished leader, public official, and scientist, he brings a depth of experience that will benefit the Company both now and well into the future. During his tenure at the NNSA, Brent worked with some of the most advanced nuclear technologies in the industry. Now, his decision to join LIST reflects the promise of our patented, proprietary and U.S.-based CRISLA technology and the dedication that has shaped our company’s growth.”

    “Brent’s depth of experience and extensive network are a testament to his distinguished career, and it is a pleasure to welcome him to LIS Technologies,” said Christo Liebenberg, CEO and Co-Founder of LIS Technologies Inc. “His technical expertise, combined with his longstanding relationships across key institutions, will be instrumental as we navigate complex licensing, regulatory and non-proliferation pathways and advance our CRISLA technology through testing, demonstration activities and eventually to commercialization.”

    About LIS Technologies Inc.

    LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

    In Dec 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

    For more information please visit: LaserIsTech.com

    For further information, please contact:
    Email: info@laseristech.com
    Telephone: 800-388-5492
    Follow us on X Platform
    Follow us on LinkedIn

    Forward Looking Statements

    This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Zinemx Establishes International Compliance Centers to Advance Global Compliance Framework

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 12, 2025 (GLOBE NEWSWIRE) — Amid the wave of regulatory changes in the cryptocurrency market, Zinemx Exchange recently announced new developments in its compliance initiatives. The platform has established compliance centers in several major markets and expanded its compliance team by over 100 members. Treating compliance as a top priority, Zinemx is actively building a more comprehensive compliance system to address the complexities of the global crypto landscape.

    As many countries introduce new regulatory policies, compliance has become a critical pillar for the long-term development of crypto enterprises. Zinemx Exchange has responded swiftly to industry compliance trends by building a network of cross-border compliance centers and investing significant resources in human capital, technological support, and policy adaptation, thereby creating a widely adaptable compliance ecosystem.

    Currently, Zinemx has completed the deployment of compliance centers in major markets such as the United States, establishing local compliance teams and data compliance monitoring networks. At the institutional level, Zinemx has built a robust compliance management system. Comprehensive identity verification processes, blockchain-native on-chain anti-money laundering monitoring tools, and AI-powered anti-scam systems have all significantly enhanced the global compliance capabilities of the platform.

    Zinemx believes that globalization and localization are mutually reinforcing. The establishment of international compliance centers essentially represents an upgrade in local service capabilities. The platform plans to replicate its compliance center strategy in more markets, including Europe and Southeast Asia, by forming diversified teams specializing in policy analysis, compliance training, legal research, and data protection. This forward-looking and execution-driven compliance expansion strategy has become a key advantage for Zinemx in attracting global investors.

    Looking ahead, Zinemx Exchange will continue to build a more robust compliance framework, working closely with international financial regulatory authorities to set new industry standards in compliant operations, investor protection, and market transparency. As crypto regulations become increasingly stringent, compliant crypto trading platforms will gain greater competitive advantages. Zinemx is steadily advancing its international market presence, committed to creating a compliant and secure crypto trading ecosystem.

    Media Contact: support@zinemx.org

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

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